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SYARIAH funds should not be sidelined and perceived by investors as generating lower returns than conventional unit trust funds which are mainly equity-based, according to Pacific Mutual Fund Bhd chief executive officer Michael Auyeung.
SIX Happiness Holdings Sdn Bhd, which operates the Six Happiness group of restaurants, is banking on I>halal/Imooncakes this coming mooncake festival to gain a larger share of the Indonesian mooncake market, said its executive chairman Tan Tong Heng.
JOHN Coyle, executive director of Dairy Farm Giant Retail Sdn Bhd, has decided to set up a Giant hypermarket which will be less than a kilometre away from its existing Giant supermarket in Kelana Jaya, and adjacent to the Lebuhraya Damansara-Puchong.
The United States has predominantly been a big market for Canada, but the latter is now looking at other countries especially in South-East Asia, including Malaysia, to export their agri-food products. In their effort, some Canadian producers are even exploring the Muslim food market, a venture that will inevitably raise the matter of I>halal/Icertification.
NESTLE (M) Bhd will close down all activities relating to the sugar confectionery business conducted by two subsidiaries from May 1, as they have been a drain on the company#039;s operating profits.
THE only difference in executing an Islamic versus a conventional product is the way the agreement is executed, the rest is status quo.