Islamic banking remains a niche for Germany, says economist Matthias Casper. The situation in Great Britain looks completely different.
The Turkish online retailer for Islamic fashion Modanisa has sold a minority stake to Goldman Sachs and Wamda Capital.
A Malaysian startup has launched a web browser for Muslims. The browser filters out inappropriate content, such as gambling.
Morocco, Algeria and Tunisia have to import a large part of the food. This makes them an interesting market for German manufacturers.
Younger consumers are increasingly paying attention to quality criteria such as species-appropriate animal husbandry and environmentally friendly production. The specialist trade must win them over for the future.
At the beginning of September, the first crypto exchange for the Islamic world will be launched.
ITB Asia is this year launching a newly dedicated Muslim Travel Hub and Pavilion to host panel discussions.
Ucrete industrial floors from BASF can now be used in halal food production plants.
Numerous participants and speakers discussed religious financial models, ethical banks and the market leader in Islamic banking at a conference in Mannheim.
Muslim travellers will spend $157 billion by 2020, driven by millennial travellers and the top outbound market remains Saudi Arabian, which will grow 17% over the next three years alone, to reach $27.9 billion.