Halal economy's role in Gaza, Indonesia's waqf financing, Malaysia's dominance

Pulse of the Global Islamic Economy

24 Rabi Al-Aakhir, 1445 AH

And...... we're back! 

Assalamualaikum,

Welcome to our first newsletter of the year, with news and insights on the overall Islamic economy. 

In the wake of the Gaza conflict and its impact, the world's mood is sombre, as is ours. While the immediate impact of hostilities is restricted to the conflict zone for now, its economic influence will reverberate far and beyond. Amid such pressing times, how can the halal economy prove its mettle and weigh in on the conflict? Our lead story outlines just how. 

In other news, Malaysia is ahead in the halal industry game for more reasons than one. Read our insights piece to find out why. 

Do review our story on this year's Global Halal Brazil Business Forum as well, which presented significant opportunities across the global halal market.

Big story this week:

Protest in Israil/Levent Istanbul

Photo: Unsplash

🇵🇸 How can the halal economy weigh in on the Gaza conflict?

With the overall impact of the Gaza clash cascading beyond the conflict zone, how can Muslim-majority countries leverage the halal economy and strategize to exert economic clout?

Featured stories

Sunset view from Trader's Hotel towards KLCC

Photo: Unsplash

The country's ambition is clear and structured, backed by a dedicated roadmap

Stakeholders across the country are gearing up to boost social Islamic financing

Brazil's dominance in the halal meat market underscores its pivotal role in the global halal economy

A diverse ecosystem is expected to propel the industry's growth

Participate in the global Islamic fintech report survey

Calling all Islamic Fintechs. Contribute to the 3rd Annual Global Islamic FinTech Report 2023 produced by Elipses and DinarStandard in collaboration with Salaam Gateway.

In other news...

The kingdom has inked cooperation agreements with Asian countries

A new survey reveals a significant shift in Muslim consumer expectations

The country rolled out its e-visa facility in 2019

Upcoming events:

Saudi International Halal Expo & Summit 2023 - Riyadh, KSA | Nov 19-21, 2023
Qatar Travel Mart (QTM) 2023 - Doha, Qatar | Nov 20-23, 2023
World Halal Summit 2023 - Istanbul, Turkiye | Nov 23-25, 2023
Halal Expo London 2023 - London, UK | Dec 1-2, 2023
Halal Indonesia Expo 2023 - Jakarta, Indonesia | Dec 8-10, 2023
Food Africa - Cairo, Egypt | Dec 12-14, 2023