In The Name Of God The Most Merciful, Most Compassionate

All Halal


Taiwan wants to go Halal too

By: Shelley Shan Source: More needs to be done to encourage Muslim visitors to visit Taiwan, Saudi Arabian travel industry representatives said, as the Tourism Bureau aims to attract more Muslim tourists. Cathay Pacific Airways Riyadh-based sales and marketing manager Mazen Ibrahim Kabbout and several Cathay affiliated Saudi Arabian travel agents were this week invited by the bureau to visit Taiwan. It is the first time the bureau has invited Middle Eastern agents to explore business opportunities in Taiwan. Taiwan needs to resolve visa issues if it wants to draw more tourists from Saudi Arabia, Kabbout said. “All Arabs, especially Saudi Arabians, need to arrange visas...

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UK: Shariah compliant student loans to be offered for first time

By: Eleanor Harding, Education Correspondent For The Daily Mail Source: The Daily Mail Sharia student loans will be set up for the first time in Britain as part of a drive to boost the number of young Muslims applying to university. The Government confirmed on Monday that a new ‘halal’ finance model will be introduced which does not conflict with the rules of Islam. Muslims are forbidden from taking out loans on which they would be charged interest, and campaigners say this is putting some youngsters off going to university. In a white paper published yesterday, the government vowed to tackle the issue by creating a so-called ‘Takaful’ model, which is Sharia-compliant. Ministers are...

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Australia: Expect Islamic Finance to grow

By: Patrick Durkin Source: Cashed-up Middle Eastern investors will be able to bid for major road, rail and port projects after the Turnbull government quietly changed tax laws in the budget to accommodate Sharia law. The Australia Arab Chamber of Commerce and Industry, bankers and tax experts said the changes may prove one of the most significant moves in last week’s budget with a host of state infrastructure assets up for grabs including Victoria’s $6 billion Port of Melbourne and NSW’s remaining $10 billion electricity assets. Half of the world’s top 10 sovereign wealth funds worth $US2.4 trillion were created from oil wealth – 20 times the firepower of...

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