Category: Halal World

Bank Indonesia : Launches Sharia Banking Outlook 2014


On Monday, 16 December 2013, at Bank Indonesia Jakarta, the Governor of Bank Indonesia Agus D.W. Martowardojo opened a Year-End Seminar on Sharia Banking. Titled “The New Era of Sharia Banking: Towards Cross-Sectoral and Integrated Sharia Banking Development”, this seminar

Islamic Bond Investment opportunities

Indonesian economy to grow 7.8 pct in 2015

The following borrowers are expected to sell Islamic bonds, which use asset returns to pay investors to comply with the religion’s ban on interest. Global sales of sukuk climbed to $18.1 billion in 2011, from $12.7 billion a year earlier,

Turkey to sign cooperation agreement with Indonesian Ministry of Economy

Chairman of Turkey’s Independent Industrialists and Businessmen’s Association (MUSIAD), Omer Cihad Vardan, said Wednesday that the Indonesian Ministry of Economy would sign a cooperation agreement with the MUSIAD. In a written statement released Wednesday, Vardan said that 120 Turkish businesspeople

Malaysian Islamic insurer will expand to Indonesia

Shariah Mandiri

Malaysian Islamic insurer Great Eastern Takaful will expand to Indonesia and Brunei to tap the Muslim market for sharia-compliant products, its chief executive officer said on Monday. The company, which is owned by a subsidiary of Singapore’s Great Eastern Holdings

Iran, Indonesia to Boost Cooperation in Bourse, Private Sector


Iran and Indonesia agreed to boost mutual cooperation in the capital market and set up joint private companies in a bid to bolster economic ties and cooperation. Speaking to reporters after a meeting with visiting Chairman of the House of

Islamic loans helps Indonesia’s small business

Shariah Mandiri

Islamic loans targeting Indonesian small businesses have grown to dominate Shariah-compliant credit in the world’s most-populous Muslim nation, prompting the country’s biggest banks to expand. PT Bank Syariah Mandiri is adding branches in Java and Sumatra to offer so-called microfinance

Jakarta Decleration on Halal Standards


WE, THE PARTICIPANTS of the ‘International Meeting on Halal Standards’ held on the 25th day of July 2010 in Jakarta – Indonesia, realizing the need to formulate and adopt a uniform world Halal Certification Standards for the Halal Certification Bodies/Authorities