Tuesday 1 December 2020

It's not just halal meat: Dubai's thriving economy

Although as this article explains, the halal food businees is part of the success of the Islamic economy of the Emirates.

The UAE has been ranked amongst the top three Islamic economy countries in the world, according to the 2020 State of the Global Islamic Economy report. Malaysia continues to hold the lead, followed by Saudi Arabia. Put simply, the Islamic economy is a category for businesses, finances and investments that are compliant with Islamic principles and values.nbsp;

The Qu'ran forbids lending at interest, so Islamic banks find ingenious ways of making money from financing business which obey the letter of the law. They are clearly successful.

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