Saudi-Pakistan alliance; Business with duty; Muslim-friendly airports

Pulse of the Global Islamic Economy

Rabi ‘ll 09, 1447 AH

Assalamualaikum,

Saudi Arabia and Pakistan’s landmark mutual defense pact signals a new era of strategic security in the Muslim world. Signed in Riyadh earlier this month, the agreement binds the two nations to stand as one against aggression and could set a template for similar alliances across the Gulf as regional tensions rise.

Meanwhile, we explore how the Islamic concept of taklīf—moral responsibility before God—reshapes the way Muslims approach business. From founders to boardrooms, Sajjad Chowdhry, delves into how every transaction carries weight, demanding integrity and service over profit.

Finally, airports across non-Muslim countries are stepping up with halal dining, prayer rooms, and ablution facilities to win the loyalty of a fast-growing Muslim travel market.

Did you know?

Muslim consumer spending on apparel and footwear climbed 3% to $327 billion in 2023 and is projected to reach $433 billion by 2028, growing at a 5.8% annual rate as the global modest fashion industry continues its strong expansion. 

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