Ten Muslim-friendly airports; top halal product importers

Pulse of the Global Islamic Economy

Safar 14, 1447 AH

Assalamualaikum,

In a clear sign of Muslim travellers shaping the future of tourism, more and more airports across non-Muslim countries are rethinking their approach. From halal food options to ablution areas and clearly marked prayer spaces, airports are courting faith-conscious passengers to win their loyalty.

Meanwhile, in the financial world, the Islamic Development Bank Institute has unveiled a Shariah-compliant, blockchain-based alternative to conventional, interest-bearing market tools.

Finally, in this week’s Expert Contribution, UK-trained lawyer Rizwan Rahman presents a compelling case for impact investing as a values-driven alternative to ESG. With its focus on measurable outcomes and ethical intent, he argues, impact investing aligns more closely with Islamic principles and offers a clearer path to purposeful, long-term growth.

Did you know?

In 2023, OIC countries saw a 1.79% drop in halal-related imports—down to US$407.75 billion—driven mainly by a 4.41% decline in the food sector due to falling wheat prices after earlier spikes from the Russia-Ukraine conflict.

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