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After two years of strict travel restrictions, international borders are finally opening for quarantine-free travel, coinciding with the month of Ramadan. But to what extent will the escalation of oil prices and disruption of air travel caused by Russia’s invasion of Ukraine affect Muslim travellers’ plans?…

The sale and consumption of halal products, including food and beauty products, in Mozambique are growing, the president of the Halal Commission of Mozambique (Comissão Halal de Moçambique – https://halalmoz.com/) has told Salaam Gateway.

Maulana Ibraimo Issa said Mozambique halal traders and manufacturers were profiting from a global market expected by Germany statistics company Statista to grow from USD1.4 trillion in 2017 to around USD2.6 trillion by 2024, (https://www.statista.com/topics/4428/global-halal-market/#topicHeader__wrapper).…

With the Islamic finance sector growing fast – with global turnover valued at USD2.2 trillion, according to S&P Global Ratings’ Islamic Finance Outlook 2022 Edition, with a projected 12% growth between 2021 and 2022 – demand for higher education courses on the topic are growing fast.…

Halal certification systems are many and varied worldwide, but if they have one uniting feature, it is their use of logos, affixed to products, buildings and publicity, to promote the importance of their guidelines.

These symbols are important to certification bodies, and time and imagination is spent on making them distinct, even if their designs are not universally popular.…

The Russian paint industry is being disrupted by its government’s invasion of Ukraine, with foreign coatings majors quitting the country, hit hard by resulting financial and trade sanctions. Ukraine’s smaller paint and coatings sector has been devastated by the miliary action, with factories and offices destroyed and supply chains wrecked.…

Streaming services that deliver online content, including gaming, videos and music, have opened new avenues for money launderers, including the ability of fraudsters to commit predicate offences, whose proceeds are hidden and moved.

The problem is exacerbated by the growing popularity of streaming – according to US-based Grand View Research, the global video streaming market alone was worth USD50.11 billion in 2020, projected to grow at a compound annual growth rate (CAGR) of 21% from 2021 to 2028.…

The Middle East and North Africa (MENA) paint market has had a difficult past two years, but the sector is gradually rebounding, driven especially by major development projects and growth in Saudi Arabia and Egypt.

“It has been tough period. Covid-19 had a significant impact on the MENA.…

The international oilseeds and related vegetable oil markets are facing major disruption through Russia’s invasion of Ukraine, with global vegetable oil prices soaring, according to the UN Food & Agriculture Organisation (FAO).

Its Vegetable Oil Price Index averaged 248.6 points in March, up 46.9 points (23.2%) from February, a new record high, driven by higher sunflower, palm, soy and rapeseed oil prices.…

Government regulations to control pollution coupled with increasing consumer awareness for biodegradable products look set to drive a 50% uptick in the global bio-adhesives market over the next three years. Standing at USD6 billion in 2020, the worldwide bio-adhesives market is forecast to reach USD9.6 billion by 2025 at a CAGR (compound annual growth rate) of 10%, according to a 2021 report from analysts Market and Markets (1). …

AML/CFT experts continue to assess the increasing potential of artificial intelligence (AI) and machine learning (ML) to scrutinise the mass of data screened by AML obliged organisations, such as banks, financial institutions and casinos, boosting effectiveness – a key goal of FATF.   …