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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.…

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).…

Bulk cash smuggling remains a favoured way for criminals to move dirty money, despite the increase in electronic means to transfer the proceeds of crime, such as new cryptocurrency services.

In its most recent 2020 National Drug Threat Assessment, the US Drug Enforcement Agency (DEA) said in 2019, there were more than 3,000 bulk currency seizures in the United States, with more than USD368 million taken, 62% up from the USD227 million seized in 2018 (although that followed eight years when the value of bulk cash seizures fell).…

The costs of investigating fraud have increased over the past three years, according to 79% of respondents to a global survey, with 26% overall and 49% of companies with a turnover of more than USD15 billion seeing this increase as significant, said risk assessment specialists Kroll.…

While Europe is abuzz with policy discussions about extending the life of existing nuclear power plants, amidst growing concern about the need to wean the continent from dependence on Russian fossil fuels, this electricity source has continued to enjoy support in Asia.…

With moves to sustainability conformity strengthening across the textile industry, rules protecting consumers and finishing workers, as well as the environment, are strengthening, notably to reduce textile dye allergies. Dye producers Colorifix, from Norwich, East Anglia, England, says this has led to “biology replacing chemistry” in dye production, enabling finishers to market products as provide positive health benefits not just preventing allergic reactions.…

INTRODUCTION

In the competitive and innovative world of smart textile manufacturing and sale, companies strive to maximise functionality and minimise costs. Their ingenuity is the basis of their competitiveness. But as with all industries, some costs are out of their control.…

Digital textile printing will help Malaysia’s textile industry adopt greater automation as it tries to cope with a tight labour supply, the Malaysian Textile Manufacturers Association has said.

Its president Tan Thian Poh said the digital textile print segment will take centerstage, as fabric manufacturers cope with Malaysian government immigration restrictions on foreign workers for all industries.…

Russia’s invasion of Ukraine has disrupted energy supplies and raised concerns about the future availability of oil and gas, inflating these commodity prices and hence energy prices, increasing textile and apparel processing costs worldwide. On December 21, as Russia was preparing to send its military into Ukraine-government controlled territory (February 24), Brent crude was selling for USD71.57 a barrel.…

Russia’s unprovoked invasion of Ukraine has disrupted the supplies of food, especially cereals, to major halal food markets, with Ukraine and Russia togethering controlling around 30% of the global wheat trade. The military action, which the UN said on April 17 had killed 2,072 civilians, has put the Middle East and North Africa in a tight position over food supplies, especially given the region’s economies have been weakened by the Covid-19 crisis.…