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The Friday Round Up: Muslim fashion, Tahrir soaps, Eid tailoring, and Chinese Muslims in Arabic commerce
It’s that time of the week again where we take a pause to find out the best of the week’s news and trends when it comes to Muslim consumers…
In-depth
We’re looking at developments in the Muslim fashion industry in the first of a two-part series on the rise and rise of Muslim fashion. Indonesia is building its aspirations for becoming a global hub for Muslim fashion. Sportswear for Muslim women is burgeoning in the shadow of the Olympics, and the Muslim fashion blogging scene continues to flourish.
Cheat sheet: sharp insights into Muslim consumer markets this week
50% of Muslim travellers would use halal-friendly facilities if they existed, and 30% seek strict Sharia-compliant services
BBC: The rise of the affluent Muslim traveller
Islamic finance group offers investment services to Islamic endowments (waqf) estimated at $500bn
A look back at advertising in Egypt during Ramadan: “Ramadan ads you won’t forget”
Ramadan TV in Egypt takes time to explore the events of Tahrir Square through fiction
Pakistan tailors’ woes: overworked before Eid with clients who don’t care
“Consumers in Saudi Arabia most optimistic about personal finance” but the cost of living is set to rise
“Indonesia becoming a Mecca for Muslim fashion trends”
Indonesia: aviation industry gains from rising consumer demand as Muslims fly to home villages for Eid and for ‘mudik’
Arabs flock to China for trade where Chinese Muslims who learn Arabic for religion now use it to translate in commerce
GCC sees surge in Islamic lending
The Economist: The online ummah and the impact of digital technology
Nigeria Stock Exchange launches Islamic equity index: Africa’s second largest economy, which is more than half Muslim is showing double digit Islamic product growth
“Russia’s WTO membership augurs well for the Islamic world” including the growth of Islamic finance
Halal app aims to speed up halal certification process through an online database of approved ingredients
The UK’s Independent newspaper: Three reasons why MBA students should study Islamic finance
Muslim tourists are spending more, and outpacing the global growth rate
Pakistan: consumers and financial advisers lack Islamic finance awareness . Any communications they use must clear perceptions that such products are simply a ‘gimmick’
“Muslim travel boom is coming, but is the tourism industry ready?”