Search Results for: Indonesian

The Muslim world is extremely diverse culturally, so it is no surprise that colour cosmetics trends are many and varied. However, one clear universal trend is that Muslim women are on average becoming more knowledgeable about make-up, especially with internet influencers spreading advice on products and techniques.…

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.…

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.…

While the Islamic State in Iraq and Syria (ISIS) is a shadow of its former self in the Middle East, it has spawned global affiliates and is still very much in business, posing ongoing terrorist financing threats.

At the peak of its power as a self-declared Islamic Caliphate in 2015, ISIS controlled around a third of Syria’s territory and 40%of Iraq, with some 7.7 million people under its rule.…

Companies in Japan that export paint and coatings and related chemicals ingredients to Russia and Belarus may face a trade ban if those items have been classed as ‘advanced goods’ under a May 20 amendment to Japan’s Export Trade Control Order.…

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.…

RUSSIA’S invasion of Ukraine has prompted a major increase in sugar prices, the UN Food & Agriculture Organisation (FAO) has said. Its FAO Sugar Price Index averaged 117.9 points in March, up 7.4 points (6.7%) from February, and up 20% year-on-year.…

Innovative Muslim entrepreneurs are developing the concept of halal spas, which is becoming a real option for Muslims alongside the more well-known Scandinavian, Balinese and Thai versions of these health, beauty and relaxation facilities, which are not always suitable for Muslim men and women.…

Malaysia’s paint companies are expecting an increase in sales through 2022 11.5% construction sector growth projected by the finance ministry, in part fuelled by major government infrastructure projects. These include the Kuala Lumpur-region Light Rail Transit Line 3 and Mass Rail Transit Line 3; the Johor-Singapore Rapid Transit System, and the Pan Borneo highway, lining Sabah and Sarawak with Brunei and Indonesia’s Kalimantan region, the ministry said in its Economic Outlook 2022 report.…

The global market for halal nutraceutical products, including vitamins and wellbeing supplements, is set to double over the next 10 years, according to new research. A report from Dubai-based Future Market Insights (https://www.futuremarketinsights.com/reports/halal-nutraceuticals-and-vaccines-market), published last July (2021), predicted sales of these products would increase from USD58.01 billion in 2021 to USD116.38 billion by 2031.…