Islamic Wealth

UAE Signs Trade Pact with Indonesia

Abu Dhabi and Jakarta implemented their free-trade agreement this month, harboring important implications for the Gulf nation. The UAE economy is about one-fifth the size of Indonesia. The announcement is also noteworthy because it emphasizes a type of South-South business corridor that is independent of global heavyweights. One notable feature of this relationship is the […]

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Fund Marketing: Equity Concept Defies Launch Convention

We are intrigued by news out of Malaysia that the local asset-management arm of Nomura is now rolling out its Global Shariah Sustainable Equity Fund. Given that a new investment fund can take as long as a year to work through marketing issues and regulatory approvals, this product development team either hit the ground running […]

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Muslim-Owned Grocery Store in Tucson Is Destination for Kosher

Tucson, Arizona is a city with a population of about 550,000, perhaps best known as home for the University of Arizona. It is also home to Al Basha Grocery, a small provisions store that caters to local Muslims. There are—possibly—some 9,000-to-10,000 Muslims in the greater Tucson area. For context, watch the video at YouTube. Al […]

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Does the ‘Year of the Pig’ Tread on Muslims?

China and its diaspora are abuzz this month with festivities tied to the Lunar New Year, celebrating the last animal in the zodiac, the pig. And while that may not spark much controversy in many countries, it does at least raise an eyebrow acroww the Islamic world. Swine are identified as “haram” or “forbidden” in […]

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