The World's Leading Authority on Halal/Muslim Friendly Travel - Connecting you to the Muslim Traveler
Daily FT reported on the partnership formed between CrescentRating and MasterCard to develop MasterCard-CrescentRating Global Muslim Travel Index (GMTI). It stated that CrescentRating's annual rankings of Muslim-friendly holiday destinations will be developed into a global index to benefit both Muslim travellers as well as the travel industry and investors.
The agreement was signed at the 10th World Islamic Economic Forum held in Dubai and the Index will be released in January 2015, with updates being made quarterly.
For the full article and more information, please visit: http://www.ft.lk/2014/11/04/mastercard-partners-crescentrating-to-develop-global-muslim-travel-index/
Mr. Fazal Bahardeen - the CEO of CrescentRating - will be offering advice to startup companies on how they can reach out to Muslim consumers at Startup Asia Jakarta 2014.
Held on the 26th and 27th of November, Startup Asia Jakarta 2014 is a large-scale conference that will showcase newly-launched and product-ready tech startups, along with a huge line-up of fireside chats, keynotes, and discussions.
For the full article and more information, please visit: https://www.techinasia.com/startup-asia-jakarta-how-to-market-to-muslims/
A total of 12 memorandum of understanding (MoU) and agreements have been signed between Malaysia and United Arab Emirates partners, following the end of the 10th World Islamic Economic Forum held in Dubai.
Conducted by Malaysian counterpart WIEF Foundation under the helm of former deputy prime minister Tun Musa Hitam, the three-day forum ended on the 30th of August at Madinat Jumeirah in Dubai and saw the participation of numerous Muslim and non-Muslim nations.
For the full article and more information, please visit: http://themalaysianreserve.com/main/news/corporate-malaysia/7296-malaysian-firms-secure-several-deals-at-10th-wief
At the 10th World Islamic Economic Forum (WIEF) held in Dubai, Indonesia was identified as having much work to do in improving its infrastructure and regulations to support an Islamic-compliant economy.
Industry professionals stated that in addition to Indonesia's large economic size, expansion takes longer due to the country's small scale economy and the large number of un-bankable people.
The event saw many non-Muslim countries that were eager to develop their Islamic economic industry, including Japan, Luxembourg, South Korea and the United Kingdom.
For the full article and more information, please visit: http://www.thejakartapost.com/news/2014/11/03/ri-lags-behind-islamic-economy.html
The Dubai Chamber of Commerce and Industry has stated that the family tourism market segment makes up 12.5% of the entire global tourism market. Industry professionals have noted that the size of the family tourism market segment is larger than the world’s largest conventional tourism market - the US market - which makes up only 11.4% of the global market.
The report by the Dubai Chamber of Commerce and Industry was released for the 10th World Islamic Economic Forum (WIEF) - organised by Dubai Chamber and the WIEF Foundation in Dubai - which was held from 28-30 October 2014.
For the full article and more information, please visit: http://www.10thwief.org/en/news/19/8/2014/family-tourism-emerges-as-major-growth-area-in-islamic-economy-states-dubai-chamber-report.aspx
Recent studies have indicated that GCC states are responsible for a large percentage of the world's total travel expenditure. Hotel owners in UAE have noted that a large number of their guests are from GCC states, who visit the destination to enjoy a hassle-free Halal holiday.
The Muslim travel market was worth as much as $130 billion in 2012 - which accounted for more than 12% of the world's entire outbound tourism market. The value of the market is expected to rise to about $200 billion by the year 2020.
For the full article and more information, please visit: http://gulfnews.com/halal-options-1.1404144
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