Analysis & perspectives

Insights

Trends, analysis and perspectives shaping the global Halal economy.

Trade, Export & Investment

Senegal Launches the Fund for the Development of Islamic Microfinance (FDMI) to Accelerate Financial Inclusion

Islamic microfinance meets sovereign ambition — and the halal economy is now officially on the government's agenda.

23 April 2026

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Trade, Export & Investment
Invitation to Complete the Pre-Selection Questionnaire – Fonds Islamique de Relance (FIR) (SENEGAL)
As part of an ADEPME–FONSIS partnership, Senegalese companies are invited to complete, by 17 July 2026, a pre-selection questionnaire for support in opening up their capital through the Fonds Islamique de Relance (FIR).
15 July 2026
Platform Insights
The Devastating Effects of Usury (Ribâ)
Islamic Finance formally and absolutely excludes Riba. But what are the devastating effects of Riba?
23 May 2026

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Analysis & perspectives

Insights

Trends, analysis and perspectives shaping the global Halal economy.

Trade, Export & Investment

Senegal Launches the Fund for the Development of Islamic Microfinance (FDMI) to Accelerate Financial Inclusion

Islamic microfinance meets sovereign ambition — and the halal economy is now officially on the government's agenda.

23 April 2026

Read the article →

Trade, Export & Investment

Khuwaylid Capital announces its first equity and quasi-equity investments

Khuwaylid Capital, First Islamic Finance Investment Fund in West Africa announces its first equity and quasi-equity investments structured in accordance with Islamic Finance principles, marking a key milestone in the emergence of Islamic Private Equity in West Africa. These investments support higher education and vocational training initiatives, targeting over 11,000 beneficiaries by 2034.

20 April 2026

Events & Ecosystem

OPINION | Senegal’s Halal Pivot: From Niche Market to National Economic Engine

Senegal pivots to make Halal an economic engine. New state authority and international standards unlock global Halal trade and investment.

13 January 2026

Trade, Export & Investment

MATRADE Appoints Abu Bakar Yusof as CEO as Malaysia–Senegal Halal Cooperation Gains Strategic Momentum

MATRADE has named Abu Bakar Yusof as CEO from 20 December 2025, succeeding Dato' Sri Mohd Mustafa Abdul Aziz, as Senegal integrates the Halal economy into its national agenda and ADEPME plans a 100-square-metre pavilion at MIHAS 2026 in Kuala Lumpur.

9 January 2026

Industries & Sectors

Al Rahma Unveils Its New Visual Identity: A Step Towards Innovation and Expansion

A Step Towards Innovation and Expansion 🌙 **Ramadan, a month of renewal… and a new era for Al Rahma!** The blessed month of Ramadan symbolises spiritual renewal, personal growth and opportunities for transformation. It is in this spirit that Al Rahma chose this special moment to unveil its brand-new visual identity.

31 March 2025

Trade, Export & Investment

Some sectors of the Halal economy in figures

The article presents the main sectors of the Halal economy (food, cosmetics, tourism, finance, fashion, media) with 2022 figures drawn mainly from DinarStandard's State of the Global Islamic Economy report, along with growth forecasts.

19 March 2025

Industries & Sectors

Indonesia Targets the Saudi Market to Boost Modest Fashion Exports

The world's third-largest player in modest fashion, Indonesia is targeting the Saudi market, estimated at $4.25 billion in 2024. The article also examines how Senegalese SMEs could draw inspiration from this strategy to target the African market.

2 March 2025

Institutions & Standards

Meeting with JAKIM in Malaysia

🎯 Brazil is the world's largest exporter of Halal food products. 🎯 By 2060, one third (1/3) of the world's population will be Muslim. 🎯 Indonesia is the largest consumer market for Halal food products. 🎯 Nestlé is the largest Halal producer in the world. 🎯 At least 2 billion people make up the global Halal market. 🎯 7.5% of Malaysia's GDP is generated by the Halal industry. Malaysia aims to raise this figure to 8.1% by 2025. That represents a staggering 43.7 billion per year, itself exceeding the current total GDP of more

23 February 2025

Platform Insights

Wasabih: why this name?

The founder of Wasabih, an online community for the Halal economy, explains the origin of the name: "Wasatan" (balance), "Business, Islam, Halal", the Qur'anic expression "wa sabbih" and a nod to Japanese wasabi. The platform is open to all, Muslim or not.

12 February 2025

Events & Ecosystem

What is “Tayyib” in the Halal economy?

What is “Tayyib” in the Halal economy? Malaysia has moved beyond “Halal” as a concept and as a business. The Halal business is established and rooted in Malaysian society. They have been in “Tayyib” for some time now. The principle of “Halalan Tayyiban” emphasises that any product intended for consumption or use must be permitted under Islamic law, and must also meet standards of quality, safety and cleanliness, of purity. With regard specifically to food products, “Halal” indicates that food must be permitted under the

12 February 2025

Events & Ecosystem

The First ever Halal Expo Philippines

The First ever Halal Expo Philippines 14,000 kilometers, 5 years, and a dream realized: The first Halal Expo in the Philippines It took me five years and a journey of over 14,000 kilometers to witness something I had long envisioned, the very firstHalal Expo Philippines.

12 December 2024

Events & Ecosystem

MIHAS 2023 Soft Launch

I am delighted to have attended the launch event of the Malaysia International Halal Showcase 2023 (MIHAS) this week. It has been 6 years since we created the first business matchmaking platform for the largest and most important Halal trade show in the world. For us at Appsaya, MIHAS is more than just a business. MIHAS is the natural gateway for local and international companies that wish to thrive and make a significant impact on the global Halal economy.

10 October 2024

Regions & Markets

Senegal in the Halal Economy: Halal Tourism

The article presents Halal tourism, a market whose spending exceeded 250 billion dollars in 2023, and ways for Senegal to benefit from it: suitable infrastructure, changing local perceptions, targeted marketing and partnerships.

15 August 2024

Trade, Export & Investment

Khuwaylid Capital - The First Islamic Investment Fund in Francophone Africa Islamic Finance

Discover the launch of Khuwaylid Capital Fund, the first Islamic impact investment fund in Francophone Africa., Khuwaylid Capital Launches the First Islamic Impact Investment Fund in Francophone Africa

29 June 2024

Industries & Sectors

What Is "Halal" Tourism?

Discover Halal Tourism, and how Senegal could take advantage of it to attract millions of tourists.

29 March 2024

Platform Insights

Wasabih, Why This Name?

The name Wasabih, for the professional community for the Halal and Islamic Economy, is a combination of a Quranic word, a business vision, and a touch of Japanese inspiration. The founders wanted a strong, powerful, and inspiring name. It is derived from part of verse 143 of chapter 2 in the Qur'aan, which speaks of making believers an "upright community" or a "just balance" (often translated from the Arabic word Wasat) so they may be witnesses over humanity.

8 February 2024

Senegal Launches the Fund for the Development of Islamic Microfinance (FDMI) to Accelerate Financial Inclusion

Invitation to Complete the Pre-Selection Questionnaire – Fonds Islamique de Relance (FIR) (SENEGAL)

The Devastating Effects of Usury (Ribâ)

Senegal Launches the Fund for the Development of Islamic Microfinance (FDMI) to Accelerate Financial Inclusion

Invitation to Complete the Pre-Selection Questionnaire – Fonds Islamique de Relance (FIR) (SENEGAL)

The Devastating Effects of Usury (Ribâ)

Khuwaylid Capital announces its first equity and quasi-equity investments

OPINION | Senegal’s Halal Pivot: From Niche Market to National Economic Engine

MATRADE Appoints Abu Bakar Yusof as CEO as Malaysia–Senegal Halal Cooperation Gains Strategic Momentum

Al Rahma Unveils Its New Visual Identity: A Step Towards Innovation and Expansion

Some sectors of the Halal economy in figures

Indonesia Targets the Saudi Market to Boost Modest Fashion Exports

Meeting with JAKIM in Malaysia

Wasabih: why this name?

What is “Tayyib” in the Halal economy?

The First ever Halal Expo Philippines

MIHAS 2023 Soft Launch

Senegal in the Halal Economy: Halal Tourism

Khuwaylid Capital - The First Islamic Investment Fund in Francophone Africa Islamic Finance

What Is "Halal" Tourism?

Wasabih, Why This Name?