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UAE equities seen steady as investors stay cautious

DUBAI — UAE stocks are expected to maintain a steady trend this week, with investors seeking trading clues from corporate results from blue  chip companies.
Full-year and fourth-quarter results of Emirates NBD, Dubai Islamic Bank, Emaar and du may set off rallies depending on the strength of their earnings. Property, banking and insurance sectors will be in focus during the week and investors will have a close eye on major listed companies in those areas.

Analysts said any rally will however be short-lived as the markets are seen in a long-term downtrend amid a lack of positive news on the domestic front. Poor corporate results in the fourth quarter may halt last week’s rally and reverse the course in due time because investors are not willing to cash in on the low price opportunities in  key sectors.

The Dubai Financial Market’s General Index is likely to trade in tight range this week and may test key levels either on upside or downside, while Abu Dhabi Securities Exchange’s main index likely to sustain the 2,700 level in the wake of recovery in banking sector last week.

Pakistan - Halal meat for Malaysia

Pakistan would soon start halal meat export to Malaysia, and in this regard negotiations with Kuala Lumpur were in advanced stages.

“Pakistan is awaiting Malaysian response”, well-placed sources in the Ministry of Livestock and Dairy Development told The News on Tuesday.

It is interesting to note that the Malaysian government is importing two-third of its meat from India.

Sources said Malaysia could import at least 60,000 tons of meat from Pakistan if it chooses to do so. “We have provided information about the livestock, veterinary and other details to the Malaysian government. After evaluation, it would authorize export of halal meat form the private sector in Pakistan,” sources said.

Officials said Pakistan was already exporting meat to Saudi Arabia, the UAE and other gulf countries. During 2008-09, Pakistan exported 23,855 tons of meet worth $74.4 million. It also exported 94,000 animals to Afghanistan that amounted to $12.35 million.

During the same period meat production stood at 2.2 million tons. The export is about 1.8 per cent of the total production.

In November 2007, Pakistan and Malaysia signed a free trade pact in Kuala Lumpur which was the first bilateral free trade agreement (FTA) between members of the Organization of Islamic Conference (OIC).

The Muslim consumer under the microscope

The people of Moslem origin and consumption halal is the new survey carried out by Ifop, the French institute of public opinion, near the people of Moslem origin; from December 12th to 19th 2009. A sample of 536 people of Moslem confession, 18 years old and more, the representativeness of the sample was ensured by the method of the quotas.
This new survey relates to: the frequency places and the nature of the purchases apart from the meat, also on the attention related to the composition of the food products and .l' adhesion with various proposals to the purchases and consumption halal.

Alaska Opens Its First Halal Shop

ANCHORAGE, Jan. 18, 2010 (News Agencies) .

It was a long time coming but Alaska has finally got its first ever Halal shop. The store owned by Gambian immigrant Lamin Jobarteh stocks the essential culinary items required by Anchorage's 4,000 Muslims.

Earlier Muslim families used to order bulk shipments of Halal meat and groceries from Seattle and Vancouver which are the nearest cities to Anchorage. Now Jaborteh gets his slaughtering done at Matanuska-Sustina Borough slaughterhouse. The former banker says he has learned new skills for his profession including preparing custom orders of meat.

The Muslim community in the state is putting down its roots with plans to build a mosque and community centre on a 70 acre piece of land. The community has already raised $1 million and construction is expected to begin this summer.

E.Kamal

There are no translations available.

Le droit de consommateur musulman en France ?

En France, le droit de la consommation concerne l'ensemble des dispositions réglementaires destinées à encadrer le commerce de biens et de services à destination des particuliers. Aux abus de toutes sortes pratiqués par certains professionnels du commerce, les consommateurs peuvent trouver de l'aide auprès de nombreuses associations spécialisées.

A.D.C.M ,Association de Défense du Consommateur Musulman, est une association nationale de Consommateurs agréée, développe un réseau d'animateurs qualifiés, bénévoles, salariés qui sur le terrain organisent des permanences juridiques, règlent des litiges à l'amiable, soutiennent les adhérents dans leur action civile ou pénale, dialoguent et négocient avec les autorités locales et les professionnels, animent des campagnes de sensibilisation et de prévention.

"-Tous les jours il nous faut être présents auprès des consommateurs et des adhérents pour les écouter, les informer, les conseiller et les aider à régler des litiges de la vie quotidienne."

Ali PILLOIS
Président de l’ A.D.C.M

The World's First "Halal" Search Engine Designed for Muslims Goes Live

As of today, Muslims from all over the world can search the World Wide Web safely without coming across content that might be considered "Haram" according to the Islamic Law.

The search engine, ImHalal.com (http://www.imhalal.com/ ), only fetches results that are flagged as to be "Halal". The search engine uses various techniques to determine which results fetched are supposed to be "Halal" or "Haram". Once a user comes in contact with content of explicit nature, the search engine will return a negative search advice.

The last few years Muslims have become very active on the Internet. The lack of tools for Muslims to be able to continue their online activities responsibly has inspired ImHalal.com to enter the search engine market.

The site offers a broad range of functions that are developed specifically to increase the users search experience. Besides focusing to be a great Islamic search engine, ImHalal.com also aims to deliver the best search product as well.

Note: ImHalal.com is a service launched by AZS Media Group LTD which is a creative Media Group specialized in launching services which will shape the online landscape into a more advanced and social media.

Faisal Sultan

I'mHalal contact

The Indonesian Council of Ulema plans to Regulate Indonesia's Halal Imports

The country’s highest authority on Islamic affairs, the Indonesian Council of Ulema, is planning to insist that all imported food labeled as halal obtain the council’s own halal certification before it can be sold here.

The council’s Food, Drugs and Cosmetic Assessment Institute is the sole issuer of halal certificates for such goods. Locally produced goods are not required to have a certificate.

Ma’ruf Amin, one of the chairmen of the council, known as the MUI, said many products imported from the United States, Australia, New Zealand and some European countries carried halal labels but that the MUI did not always trust their certification standards.

Deuxième atelier sur la finance islamique

There are no translations available.

Atelier organisé par le groupement de recherche européen (Groupement de Recherche Européen (GDRE)) "Money, Banking & Finance" (Monnaie Banque Finance) et son groupe de travail financier et monétaire de l'intégration européenne (Intégration Monétaire et Financière Européenne) conjointement avec EM Strasbourg Business School , GRAND Research Center, et l'Institut de Finance de Strasbourg.

Pakistan would soon start halal meat export to Malaysia, and in this regard negotiations with Kuala Lumpur were in advanced stages.

“Pakistan is awaiting Malaysian response”, well-placed sources in the Ministry of Livestock and Dairy Development told The News on Tuesday.

It is interesting to note that the Malaysian government is importing two-third of its meat from India.

Officials said Pakistan was already exporting meat to Saudi Arabia, the UAE and other gulf countries. During 2008-09, Pakistan exported 23,855 tons of meet worth $74.4 million. It also exported 94,000 animals to Afghanistan that amounted to $12.35 million.

During the same period meat production stood at 2.2 million tons. The export is about 1.8 per cent of the total production.

In November 2007, Pakistan and Malaysia signed a free trade pact in Kuala Lumpur which was the first bilateral free trade agreement (FTA) between members of the Organization of Islamic Conference (OIC).

As of today, Muslims from all over the world can search the World Wide Web safely without coming across content that might be considered "Haram" according to the Islamic Law.

The last few years Muslims have become very active on the Internet. The lack of tools for Muslims to be able to continue their online activities responsibly has inspired ImHalal.com to enter the search engine market.

The site offers a broad range of functions that are developed specifically to increase the users search experience. Besides focusing to be a great Islamic search engine, ImHalal.com also aims to deliver the best search product as well.

Note: ImHalal.com is a service launched by AZS Media Group LTD which is a creative Media Group specialized in launching services which will shape the online landscape into a more advanced and social media.

Faisal Sultan

I'mHalal contact

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