...Factors Influencing Non – Muslims to Purchase Halal Food in Malaysia Chapter 1: Introduction The word Halal refers to the term permissible or allowed to eat in Arabic (ehow.com). It is an important way of life lived by the Muslims and it isn’t only consisted on food but other products too. It doesn’t only matter what kind of food it is, but the preparation method of the food is considered very important as well. The Halal food guarantees safety, hygiene, healthy eating lifestyle and wholesomeness. Halal is all about the place and the process used for slaughtering the animals and the condition those animals are kept in. Halal is now being recognized all over the world not only by the Muslims but also the Non-Muslims community. An example of how other countries around the world are adapting to Halal food is shown in Moscow, Russia. In Moscow the sales were $45 in 2004 and then increased to $70 million in 2006 and then to $100 million in 2008 (Muhammad, 2007). The growth is due to consumer’s perception of human animal treatment concerns. Russians purchased Halal food because they thought the products were fresh, safe and infection free and also believed that the Muslims won’t cheat them. In the Philippines the population looks for the Halal logo on the products so that they can purchase them easily. Malaysia consists of 3 different races which are the Malaya, Chinese, and Indians. 62% of the Malays are Muslim, 24% Chinese are either Buddhist or Traditional Chinese religions...
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...(2008) 603-616 TAPPING INTO THE WORLD HALAL MARKET: SOME DISCUSSIONS ON MALAYSIAN LAWS AND STANDARDS Zalina Zakaria* ABSTRACT Recently, the HDC or Halal Development Corporation took over the administration of halal from JAKIM (Department of Islamic Development of Malaysia) to establish a specific body that is fully in charge of the halal administration. This appears to be one of the initiatives the government has implemented to raise Malaysia’s standing as a major player in the world halal industry. In its implementation there must also be laws imposing criminal liability on the violation of halal, as well as particular standards for its achievement. This article discusses the laws that impose criminal liability as well as the Malaysian Halal Standard to determine whether Malaysia can position itself as the ‘model’ country for taking charge of halal matters globally. Keywords: world halal hub, laws imposing criminal liability, Malaysian Halal Standard INTRODUCTION It must first be stated that the Islamic dietary and consumption system is different and unique compared to other ethnic dietary systems. The world community ∗ Lecturer at Department of Shariah and Law, Academy of Islamic Studies, University of Malaya, zalina@um.edu.my. 603 Jurnal Syariah, Jil. 16, Keluaran Khas (2008) 603-616 has now begun to understand the importance of the Muslims requirement for food and other consumption known as halal.1 The market for certified halal food and products is growing robustly...
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...There must be akad between buyer and seller to approve the action. However, with current situation with the existing of vending machine, there is no utterance of akad but the process of buying and selling still occur and eligible. 4) To maintain relationship and dialogue where humankind should build rapport with each other, give full cooperation for good and righteous work and utter words appropriately • True meaning of the word ‘wasat’ 1) The word wasatan in Surah Al-Baqarah verse 143, mean justice. 2) The meaning of Al-Wasat is actually in the middle which is centre of a circle. Later, the word refer to human quality which are just and upright character All virtues can lead to wasatiyyah, not only justice. The reason why the word justice is used because the extremist rejected the term ‘wasatiyyah’ and for them ‘justice’ is the closest synonym • The Qur’an provides examples on how to balance between obligated practical duties and rukhsah in certain situations - For example, a person lost in jungle, he is starving and he can only find prohibited food like pig. He can eat the pig, but the quantity that he can take is only to save his life not until he is...
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...FATWA ON BANKING AND THE USE OF INTEREST RECEIVED ON BANK DEPOSITS BY UMAR IBRAHIM VADILLO October 2006 FATWA Fatwa on Banking | The Use of Interest Received on Bank Deposits Table of Contents 1. Introduction ........................................................................3 2. The Issue .............................................................................7 3. Understanding Riba ...........................................................10 3.1 A world shaped by Riba.................................................... 10 3.2 What is Riba? ................................................................. 11 4. The Misunderstanding of Riba............................................20 4.1. Religious reformism and capitalism ................................... 20 4.2 The Islamic Reformers ..................................................... 23 4.3 The followers of Reda ...................................................... 27 4.4 The misunderstanding of Riba an-nasiah today.................... 28 4.5 Equating Riba to interest in a loan ..................................... 33 4.6 Islamic Banking .............................................................. 34 4.6.1 Islamic Banks are banks ............................................. 34 4.6.2 Murabaha: what it is and what it is not ......................... 38 4.6.3 How the Islamic Bank’s version of the contract of Murabaha came into being ..............................................................
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...FATWA ON BANKING AND THE USE OF INTEREST RECEIVED ON BANK DEPOSITS BY UMAR IBRAHIM VADILLO October 2006 FATWA Fatwa on Banking | The Use of Interest Received on Bank Deposits Table of Contents 1. Introduction ........................................................................3 2. The Issue .............................................................................7 3. Understanding Riba ...........................................................10 3.1 A world shaped by Riba.................................................... 10 3.2 What is Riba? ................................................................. 11 4. The Misunderstanding of Riba............................................20 4.1. Religious reformism and capitalism ................................... 20 4.2 The Islamic Reformers ..................................................... 23 4.3 The followers of Reda ...................................................... 27 4.4 The misunderstanding of Riba an-nasiah today.................... 28 4.5 Equating Riba to interest in a loan ..................................... 33 4.6 Islamic Banking .............................................................. 34 4.6.1 Islamic Banks are banks ............................................. 34 4.6.2 Murabaha: what it is and what it is not ......................... 38 4.6.3 How the Islamic Bank’s version of the contract of Murabaha came into being ..............................................................
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...customers get consistent, good quality products and services, which in turn brings many business benefits. Certification to ISO 9001:2008 Checking that the system works is a vital part of ISO 9001:2008. An organization must perform internal audits to check how its quality management system is working. An organization may decide to invite an independent certification body to verify that it is in conformity to the standard, but there is no requirement for this. Alternatively, it might invite its clients to audit the quality system for themselves. Read more about certification to management system standards. Kosher Dietary Rules and Regulations. 1. Introduction As it says in the German, Man ist was man isst! Man is what man eats. The word kosher is familiar and, at the same time, foreign. One may think of strict...
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...(The Berry Tree). Gabriel stopped there. The ProphetPBUH proceeded from there to the Divine Proximity. The ProphetPBUH had the Vision of Allah, Lord of the Universe. Five obligatory prayers were ordained by the way of Thanksgiving. The ProphetPBUH was brought back to the earth and to his own place before the Dawn prayers in the same night. Importance of Shab-e-Mairaj The most important things we believe about the Mairaj are noted below: 1) The night journey (ISRA) and the Ascension (MAIRAJ) both did not take place spiritually” nor they were merely in a “dream”, as a few people argue. They took place with the “body and soul,” and the ProphetPBUH was fully awake. Qur’an says that: “Glorified be He Who Carried His servant by night…….” The word ‘Abad’ (servant) applies to a ‘person’ with his body and soul. Therefore, to say that the ascension was only spiritual is wrong. In fact it was with the body and soul and in full...
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...9.4 Flexibility 11 1.10 DISADVANTAGES 12 1.10.1 Less asset 12 1.10.2 Hard to expand 12 1.10.3 Lose the good employees 12 CHAPTER 2: PESTEL ANALYSIS 16 2.1 JUSTIFICATION OF USING THE PESTEL ANALYSIS TECHNIQUE 16 2.2 INDUSTRY OVERVIEW 18 2.3 SUMMARY OF PESTEL ANALYSIS OF FAIRY 19 2.4 CONCLUSION 20 CHAPTER 3: THE COMPETITIVE FORCES IN BAKERY INDUSTRY 21 3.1 RIVALRY AMONG EXISTING FIRMS 22 3.2 BARGAINING POWER OF BUYERS 25 3.3 THREAT OF NEW ENTRIES 28 3.4 BARGAINING POWER OF SUPPLIERS 31 3.5 THREAT OF SUBSTITUTE PRODUCTS / SERVICES 33 CHAPTER 4: SWOT ANALYSIS 36 4.1 STRENGTHS 36 4.1.1 High quality machine 36 4.1.2 Fresh daily product and zero preventives 36 4.1.3 Market niche 36 4.1.4 Loyal suppliers 37 4.1.5 Word of mouth advertisements 37 4.1.6 Strong financial 37 4.1.7 Halal certificate of the product 37 4.1.8 Focus on low and middle income customers 37 4.1.9 Strong customers’ loyalty 38 4.1.10 Loyal employees 38 4.2 WEAKNESSES...
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...1. Introduction The intention of Nando’s Restaurant is to expand aggressively in the Singapore market. The purpose of this report is to convey the detailed environmental analysis conducted, as well as the identified SWOT and PEST analysis, both internal and external environments for Nando’s Restaurant that is based in Singapore. 2. Environmental Analysis 2.1 Definition of Environmental Analysis “Environmental analysis presents information regarding the organization’s current situation with respect to the marketing environment, the current marketing objectives and performance.” (Houghton Mifflin Company. Appendix C Sample Marketing Plan.) “Before developing any marketing strategy, one should immerse in what you know about the markets in which you are interested. One should read all about the markets. Look at what the competitors are doing in those markets. Talk to customers or potential customers in those markets. Consider any trends that affect those markets.” (Don Sexton. 2010. Trump University Marketing 101 – Maco Trends.) 2.2 Importance of Environmental Analysis A marketing environmental analysis is a vital step in identifying all internal and external environmental elements that that might affect the business performance and evaluating the level of threat or opportunity. These factors are largely not able to be controlled by the organisation but the business and marketing strategy is adaptable to take advantage of the opportunities they present while minimising...
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...MH SINAR RESOURCES SDN. BHD. PT 2167 taman seri desa pahLAwan, kota bharu, kelantan. ------------------------------------------------- BUSINESS PLAN mh sinar resources sdn. bhd. MH SINAR RESOURCES SDN. BHD. PT 2167 taman seri desa pahLAwan, kota bharu, kelantan. ------------------------------------------------- BUSINESS PLAN mh sinar resources sdn. bhd. Prepared by: AinFazlinMohdPodzi (KBA 14012) Nuruljannah Mohammad (KBA 14028) NurSyamimiRamli (KBA 14027) Siti Khadijah Abdul Halim (KBA 14020) Prepared by: AinFazlinMohdPodzi (KBA 14012) Nuruljannah Mohammad (KBA 14028) NurSyamimiRamli (KBA 14027) Siti Khadijah Abdul Halim (KBA 14020) Contents 1.0 EXECUTIVE SUMMARY 2 2.0 INTRODUCTION 3 3.0 THE VISION AND MISSION 5 4.0 THE OPPORTUNITY 6 4.1 PESTLEANALYSIS…………………………………………………………………….…..6 4.2 SWOT ANALYSIS 123 5.0 MARKET RESEARCH 17 5.1 FEASIBILITY ANALYSIS…………………………………………………………………. 5.2 MARKET ANALYSIS………………………………………………………………………. 5.3 COMPETITORS ANALYSIS………………………………………………………………. 6.0 BRANDING 35 7.0 RESOURCES AND FINANCE 37 8.0 RECOMMENDATION 38 9.0 REFERENCES 43 10.0 APPENDIX 45 1.0 EXECUTIVE SUMMARY The purpose of this business plan is to create the image of business potential growth of MH Sinar Resources if they are given the opportunity for expanding it. MH Sinar Resources is a small medium enterprise (SME) business and had operated from 13th of March 2013. Since that, they are practicing a poor performance due to lack of experience, knowledge and expertise...
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...1.0 Abstract Islamic Finance is an abstract concept until the first half of the twentieth century. In Malaysia, it has been almost three decades when the first Islamic bank makes its debut. Islamic banks have to compete with its competitors which is a conventional banks which have longer history than Islamic banks. For this competition, Islamic Finance have to know the awareness, understanding and perceptions of Malaysians towards it. Islamic Finance not only available for Muslims, but it also available for non-Muslims as well. In Malaysia, 40% of the population is non-Muslims and hence non-Muslims market is equally important to Islamic Finance (Bashir & Mail, 2011; Latiff, 2007). The purpose of this research is to examine the level of awareness, understanding and perceptions of Muslims in Malaysia of Islamic Banking products and services. In additional, this study also aims to investigate if any demographic influence it’s means the structure of population of the awareness, understanding and perceptions of Islamic Finance products and services among Muslims in Malaysia. A total of 50 respondents from different course and carrier in Unikl are selected for the purpose of this study. For the analysis, we used the primary data and Secondary data was adopted to analyse the results. The results show that more than half of the respondents are aware of the Islamic Finance in Malaysia but they do not aware of most of the products and services offered by Islamic banks. Muslims understanding...
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...Tinjauan Runcit Welcome to our Halal Issue You might be surprised to know that the halal industry is worth billions of Ringgit in Malaysia alone. It impacts consumers, retailers and manufacturers. As such, we felt it was time we explored halal in more depth. Read our cover story and be inspired to discover ways to profit in ‘Era Halal.’ Runcit Media Sdn Bhd’s (RMSB) Field Supervisors are constantly telling us that readers want to see more articles on financial management. To fulfill this popular request, we teamed up with RHB Bank to bring you a Wang Runcit article on loan financing for retailers like you. Being informed about product categories is very important. Be sure not to miss our category profiles on Bottled Water and Hot Cereals. It is an opportunity for you to get to know the market leading brands like SPRITZER and QUAKER OATMEAL. We also present CINTAN, a treasured household brand in the instant noodles category. CINTAN has been in the market for 40 years now. Read our article about the brand. You might even get to know Malaysia’s celebrity Chef Wan better, too. RUNCIT MALAYSIA was fortunate to be able to interview him when he went down to the trade, to introduce the two new CINTAN variants he created. Happy Reading! WILLIAM KHOO Executive Director Infovantage Sdn Bhd william.khoo@runcit.com.my Page 2 of 39 Runcit Malaysia Magazine Issue 12 Rencana Runcit THE HALAL ERA From a symbol that assures religious compliance, the Halal logo is fast gaining recognition...
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............................................................ 1 Positive Outlook for Multinational and Local Foodservice Companies...................................... 2 Key Trends and Developments .................................................................................................... 2 Rising Prices Affect Consumer Confidence .............................................................................. 2 Government and Private Sector Inject Growth Into Foodservice .............................................. 3 Healthier Choices for Consumers in Restaurants ..................................................................... 5 Foodservice Companies Compete for Customers Through Online Coupon Giveaways........... 6 Tackling Halal Issues in 2011 ................................................................................................... 8 City Key Trends and Developments ............................................................................................. 9 Klang Valley ............................................................................................................................ 10 Market Indicators...
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...World Religion-Islam Lanise A. Middleton HUM/130 12/07/2014 Marc Rhoades What is Islam? The word Islam comes from an Arabic root word meaning, “Peace and Submission”. The religion instills that one will discover peace by submitting to Allah totally with all your heart. Islam is the 2nd largest religion in the world. There are over 1.6 billion followers. Islam is a monotheistic faith along with Christianity and Judaism. Followers of Islam are called Muslims. And as followers of Islam, Muslims have basic beliefs that they believe in: Faith in unity of Allah (God) Faith in Angels Faith in Prophets Faith in the books of Revelation Faith in the afterlife Faith in destiny Faith and good deeds go hand in Islam. Belief in Allah makes obedience a duty. Everything in life has to be an act of worship. This is known as the Five Pillars of Islam. The first pillar is the Testimony of Faith or Shahaadah. This is believing and professing God’s unity. There is no god but God Muhammad is the messenger of God. Second, is Prayer (Salat). A daily ritual of praying five times per day. This is done to strengthen belief in God, purify the heart, comfort the soul, encourage the good and get rid of the evil in a person, and develop the mind. Next, Almsgiving (Zakat). This is known as charity. At the end of the year Muslims must donate a small portion of their wealth to needy Muslims. The fourth pillar is known as fasting (Sawm). Frequent fasting is recommended, however the mandatory...
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...Culture Essay Culture is pervasive in all marketing activities”, (Albaum et al, 2005) Hall distinguishes culture according to the degree of context in their communication systems (De Mooij, 2010). High context cultures (Japanese, Chinese) contrast greatly with low context cultures (USA), who require a more explicit conveyance of messages. As Hall (1984) says, “Many Americans don’t seem able to evaluate anything unless they can attach a number to it”. Introduction One of the early scholars of culture, Linton (1945), defines it as: ‘‘The configuration of learned behavior and results of learned behavior whose component elements are shared and transmitted by the members of a particular society.’’ Other early scholars like Kluckhorn (1954) conceptualized that the cultural influences transcend in terms of the beliefs, norms, traditions, and values of society and this view still prevails among the scholars of culture. Why is culture important? Global Marketing in the simplest description attempts to understand customers in terms of what they buy, when they buy, why they buy, how much they buy, where they buy it, and with what they buy. Internationally, this means understanding culture. How marketing efforts interact with culture determines the success or failure of a product. "There are many examples of cultural differences that have affected marketing success or failure." (Buzzell) The relationship with culture comes into play with the realization that each of the consumer...
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