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Economy

Islamic Development Bank Signs Financing Framework Deal With Azerbaijan

2024-02-17 by Hafiz M. Ahmed
In a landmark move, the Islamic Development Bank (IsDB), headquartered in Saudi Arabia, has formalized a strategic partnership with Azerbaijan, aimed …

South Korea: An Unexpected Contender in the Halal Arena?

2024-02-09 by Hafiz M. Ahmed
South Korea, a nation celebrated for its technological advancements and rich cultural heritage, is now emerging as a significant player in the global …
Halal Taiwan: A Comprehensive Guide to Its Emerging Market, Culture, and Opportunities

Halal Taiwan: A Comprehensive Guide to Its Emerging Market, Culture, and Opportunities

2024-02-05 by Hafiz M. Ahmed
Discover “Halal Taiwan: A Comprehensive Guide to Its Emerging Market, Culture, and Opportunities” — a deep dive into Taiwan’s …
What Can the Global Halal Industry Learn From Japan?

What Can the Global Halal Industry Learn From Japan?

2024-01-24 by Hafiz M. Ahmed
The global halal industry, a dynamic and rapidly growing sector, serves the needs of Muslims worldwide. As it expands, there’s much to learn …
Vietnam, Indonesia To Jointly Produce Halal Products For Global Market

Vietnam, Indonesia To Jointly Produce Halal Products For Global Market

2024-01-18 by Hafiz M. Ahmed
In a landmark meeting aimed at bolstering bilateral relations, Vietnam’s Prime Minister Pham Minh Chinh and Indonesian President Joko Widodo have …

Brazil’s Halal Revolution: Aiming to Conquer Global Markets in 2024

2024-01-17 by Hafiz M. Ahmed
In 2023, Brazil’s groundbreaking Halal do Brasil Project made significant strides in introducing halal products, adhering to Islamic laws, to a …
Thailand Emerges as a Key Player in the Global Halal Market

Thailand Emerges as a Key Player in the Global Halal Market

2024-01-07 by Hafiz M. Ahmed
In an era where global economic partnerships and niche market development are increasingly pivotal, Thailand’s Industry Minister, Pimpattra, is …

Malaysia Tops Global Islamic Economy for 10th Year in a Row

2024-01-06 by Hafiz M. Ahmed
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Indonesia’s New Halal Industry Data App Launches January 2024

2024-01-04 by Hafiz M. Ahmed
The Indonesian Ministry of Industry is set to revolutionize the halal industry with its innovative data collection system, ‘Saliha’. …
Malaysia's Halal Industry Aims to Revitalize National Economy

Malaysia’s Halal Industry Aims to Revitalize National Economy

2024-01-02 by Hafiz M. Ahmed
The Halal Development Corporation Berhad (HDC), operating under Malaysia’s International Trade and Industry Ministry, is spearheading efforts to …

What Is the State of the Global Halal Industry in 2023?

2023-12-28 by Hafiz M. Ahmed
In 2023, the global halal industry continues its trajectory of robust growth, adapting to new consumer trends and technological advancements. This …
Can Pakistan Become A Global Halal Hub?

Can Pakistan Become A Global Halal Hub?

2023-12-23 by Hafiz M. Ahmed
In the rapidly evolving global market, the term “Halal Hub” is gaining significant traction. This concept goes beyond mere compliance with …

How Much is the Halal Industry Worth in the Philippines?

2023-12-12 by Hafiz M. Ahmed
The Philippines, with its vibrant Muslim population and strategic location in Southeast Asia, is rapidly emerging as a key player in the global halal …

Malaysian Halal Exports Hit RM44.17 Billion by October 2023

2023-12-11 by Hafiz M. Ahmed
Malaysia’s burgeoning halal export market has shown impressive growth, with a remarkable reach of RM44.17 billion as of October this year. This …
Bangladesh To Enhance Halal Exports to the Middle East

Bangladesh To Enhance Halal Exports to the Middle East

2023-12-08 by Hafiz M. Ahmed
In a strategic move to tap into the burgeoning global halal market, Bangladesh is setting its sights on expanding exports to the Gulf countries, a …

Malaysia To Boost Infrastructure and Tech for Halal Hub Growth

2023-12-03 by Hafiz M. Ahmed
At a recent conference in Putrajaya, Malaysia’s Deputy Prime Minister, Datuk Seri Fadillah Yusof, emphasized the nation’s need for robust …

The Secret Behind UAE’s Economic Miracle

2023-11-30 by Hafiz M. Ahmed
On December 2nd, the United Arab Emirates (UAE) celebrates its National Day, marking over half a century of extraordinary development and success. …
Brazil's Halal Industry Uncovered: A Comprehensive Guide

Brazil’s Halal Industry Uncovered: A Comprehensive Guide

2023-11-12 by Hafiz M. Ahmed
Brazil’s vibrant landscape is not just a testament to its ecological diversity but also reflects its burgeoning economic sectors, notably the …
Tunisian, Malaysian Researchers Win UNESCO-PhosAgro Green Awards

Tunisian, Malaysian Researchers Win UNESCO-PhosAgro Green Awards

2023-11-07 by Hafiz M. Ahmed
Two scientists from Muslim states, Malaysia and Tunisia, received prestigious awards on November 3 in the 2023 Green Chemistry for Life program, which …
My Personal Observations on the Brazilian Halal Industry

My Personal Observations on the Brazilian Halal Industry

2023-11-06 by Hafiz M. Ahmed
The Brazilian Halal Industry is a growing and important sector of the economy. Brazil has the largest Muslim population in Latin America, and the …
Strengthen Collaboration

Iran and Indonesia Strengthen Halal Standards Collaboration

2023-11-05 by Hafiz M. Ahmed
In a significant move that could reshape the global halal industry, Iran and Indonesia have embarked on a promising initiative to strengthen their …

Fambras Halal, the Oldest Halal Certification Body in Latin America

2023-11-01 by Hafiz M. Ahmed
Brazil, known for its rich cultural diversity and as the home to a significant Muslim community, stands as the world’s largest exporter of halal …
Is Pakistan Ready to Attract Gulf Investors?

Is Pakistan Ready to Attract Gulf Investors?

2023-10-30 by Hafiz M. Ahmed
As Pakistan takes progressive steps towards signing a Bilateral Investment Treaty (BIT) with Saudi Arabia and potentially a free-trade agreement with …
Brazilian Gate Aims to Open the Arab Market for Brazilian Companies

Brazilian Gate Aims to Open the Arab Market for Brazilian Companies

2023-10-28 by Hafiz M. Ahmed
Based in Abu Dhabi, Brazilian Gate aims to open the doors of the Arab market for Brazilian companies. The company specializes in representing brands …
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The Halal Times

The Halal Times, led by CEO and Editor-in-Chief Hafiz Maqsood Ahmed, is a prominent digital-only media platform publishing news & views about the global Halal, Islamic finance, and other sub-sectors of the global Islamic economy.

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