Islamic business ethics, Hong Kong's new certification

Author

Salaam Gateway
May 21, 2025

Pulse of the Global Islamic Economy

Dhu al-Qidah 23, 1446 AH

Assalamualaikum,

How does the current global corporate ecosystem view accountability? Has the scramble to secure hefty bottom lines reduced accountability to technical compliance and financial oversight? Read our opinion piece to see why Muslim entrepreneurs must build entities with purpose and intent.

Meanwhile, the GCC made headlines for hosting US President Donald Trump earlier this month, a tour which culminated into billions of dollars worth of deals and investment agreements. The trip also signaled a significant policy shift with the lifting of US sanctions on Syria.

On the business front, Hong Kong is set to introduce a halal Q mark certification to boost confidence among Muslim consumers and tap into the global halal market.

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In 2024, over 41 million people across the Middle East, North Africa, and Eastern Europe faced acute food insecurity amid escalating conflicts and economic collapse — with Gaza hit hardest, where 91% of the population is acutely food-insecure and 16% suffer in catastrophic conditions.

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