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Can nail polish be halal? Concerns over breathable and water-permeable claims of wudu-friendly nail polish By Amanda Lim Concerns remain surrounding the breathability and water-permeability of wudu-friendly nail polish products, leading some to question exactly how halal nail polish can be.
As the knowledge that what you put on your skin is as important as what you eat grows, the halal consumer is now demanding more sophisticated product to cater to their personal care needs.
Halal beauty and personal care products must not contain components like porcine ingredients, or any ingredients derived from animals that have been improperly slaughtered. Products that do not follow these rules are considered haram, or impermissible.
Growing Indonesia s Sharia economy requires focus on four energy pillars phnompenhpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phnompenhpost.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: Malaysian officials on Saturday implored local and international consumers to trust the country’s halal standards after a fake certification scandal rocked its meat trade and raised questions about its global ranking.
“Those who have committed crimes must be brought to justice. Halal is the image of Islam as well as Malaysia, and I believe that those involved will give their full cooperation to resolve this issue,” Zulkifli Mohamad Al-Bakri, religious affairs minister, told Arab News.
Al-Bakri is part of the Malaysian Halal Council, temporarily chaired by Prime Minister Muhyiddin Yassin, which includes officials from several ministries and halal industry and product specialists.
GLOBAL BUSINESS
Indonesia could be Asia’s next Islamic finance hub
A Bank Mandiri Syariah employee serves a customer at the Islamic lender’s Central Jakarta office. Photo: JP/file Ann/Jakarta Post Ann/Jakarta Post
Indonesia ended 2020 with record highs in Islamic finance development, with the State of the Global Islamic Economy Report (SGIER) 2020-2021 raising the ranking of Indonesia s Islamic finance industry to 4th from 5th, after Malaysia, Saudi Arabia and the UAE.
The Islamic finance development indicator (IFDI) for 2020 revealed that Indonesia s rankings also rose from 4th to 2nd in Islamic finance development and from 8th to 7th in Islamic financial assets, with the latter increasing 15 percent to US$99 billion.
Business
December 31, 2020
KARACHI: Muslim spending for the six real-economy sectors would likely fall by eight percent during the outgoing year due to economic fallout from the coronavirus pandemic, the State of the Global Islamic Economy Report 2020/21 said on Wednesday.
The online launching ceremony of the report was held at the Centre of Excellence in Islamic Finance Institute of Business Administration.
This year’s report estimates that Muslims spent $2.02 trillion in 2019 across the food, pharmaceutical, cosmetics, fashion, travel and media/recreation sectors, all of which were impacted by Islamic faith-inspired ethical consumption needs.
This spending reflects a 3.2 percent year-on-year growth from 2018. In addition, Islamic finance assets were estimated to have reached $2.88 trillion in 2019.