Archive
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.
MAJOR COMPANIES SHOULD INVEST IN ANTI-FRAUD TECH AS BUSINESS DIGITISES, ACFE CONFERENCE TOLD
Sophisticated technologies offer companies the chance to better fight fraud and corruption, even if such tech also aids criminals. The international Association of Certified Fraud Examiners (ACFE) discussed the latest trends at its annual conference in Nashville, USA, from June 20-22.…
NEW MERGED INDONESIAN ISLAMIC BANK SEEMS TO UNLEASH POTENTIAL IN WORLD’S LARGEST MUSLIM MARKET
Despite its promising outlook and early results, Indonesia’s largest Islamic bank has its work cut out to achieve economies of scale needed to compete globally and even at home, where knowledge of sharia-compliance banking systems remains poor, say analysts and officials.…
FINTECH PROMISES TO OPEN UP ISLAMIC FINANCE MARKET
Sharia-compliant financial technology (fintech) is poised for explosive growth across both Islamic and western jurisdictions.
In part this reflects growth in Islamic finance: Refinitiv, an American-British global provider of financial market data owned by the London Stock Exchange (LSE), predicts the value of money transacted through the Islamic finance sector will reach USD4.9 trillion by 2025. …
INTERNATIONAL STANDARDS AND TRIBUNALS BEING DEVELOPED TO SOLVE ISLAMIC FINANCE DISPUTES
International legal arbitration systems and judicial standards are emerging to help solve complex Islamic finance disputes, while national judicial and informal dispute resolution systems continue to develop – in civil and religious law institutions.
Informal dispute resolution processes can, of course, resolve disagreements without recourse to the payment of damage and potentially without damaging valuable reputations.…
SAUDI ARABIA’S NEOM TO PROMOTE FASCINATING RELIGIOUS HERITAGE TO ATTRACT GLOBAL TOURISTS
Marketers for the planned Saudi Arabia megacity of Neom, a key plank of the kingdom’s Vision 2030 strategy of economic growth and diversity, will highlight it site’s ancient religious heritage and develop adventure tourism to attract five million international tourists-a-year (by 2030).…
EU ROUND UP - EUROPEAN COMMISSION LAYS GROUNDWORK FOR NEW PAINT AND COATINGS ECO-STANDARDS
The European Commission has proposed a major piece of environmental legislation designed to spawn detailed pan-European Union (EU) rules imposing sustainability standards on paint and coatings companies selling into the EU. A key plank of the current Commission’s European Green Deal strategy, this proposed EU ‘regulation on eco-design for sustainable products’ would allow the EU executive to implement sector-specific requirements.…
HALAL HUNTED MEAT BECOMES A POPULAR NICHE MARKET
Halal hunted game meat is becoming more popular as a healthier and premium alternative product in wealthier countries with large Muslim communities.
There are no international standards for halal game, but, according to The New Muslim Guide (https://www.newmuslimguide.com/en/your-food-and-drink/66, written by author Fahd ibn Saalim Baa Hammaam, working with Islamic scholars, “Muslims are permitted to hunt lawful animals and birds which cannot be easily caught and slaughtered”, so long as they are eaten.…
GLOBAL CULTURED MEAT MARKET SET TO BOOM, BUT IS IT HALAL?
The global ‘cultured’ artificially-produced meat market may be set to soar amid greater environment-friendly government policies worldwide, investment and the growth in green consumerism, but questions remain if this novel food can be recognised as halal.
Cultured meat (also known as lab-grown or cultivated meat) is typically produced by harvesting cells from a living animal and cultivating them outside the animal’s body using tissue engineering and cellular agriculture to form cuts of meat.…
SRI LANKA HALAL FOOD SECTOR INNOVATES TO SURVIVE DURING WORSENING ECONOMIC CRISIS
Sri Lanka’s halal-certified food and beverage industry is looking at innovative ways to weather the country’s current deep economic crisis, which is spiralling out of control – a state of emergency was imposed on Friday (May 6). Its success or failure matters because its exports account for 65% of Sri Lanka’s total food and drink exports, which generated average annual receipts of USD2.56 billion between 2016 and 2020, according to the island’s Halal Accreditation Council (HAC).…
SOLAR POWER COATING INNOVATION DRIVES SALES IN THIS IMPORTANT NICHE MARKET
Cooperation with the paint and coatings sector is enabling innovators within the solar power technology industry to deliver on its promise to be a key means to decarbonise the global economy. Offering a key alternative to dealing with surging fossil fuel energy prices amidst Russia’s bloody and destructive invasion of Ukraine, paint and coatings companies are increasingly optimising solar generation.…