First-ever Conference on Halal Tourism in Spain

ZAWYA.COM--Spain to host ever international conference on halal tourism

Europe is hosting the first-ever international conference on halal tourism to look at how the industry can capitalise on one of the fastest growing sectors in the world.

The Halal Tourism Conference, being held on September 22 and 23, 2014, will bring together the global travel industry to discuss ways of tapping into this niche market.

The event, being hosted in Andalucia, Spain, aims to equip delegates with market intelligence, industry forecasts and trends to understand how to market to the lucrative Muslim consumer and benefit commercially.

According to the latest figures, the halal tourism sector was worth $140 billion in 2013 representing around 13 per cent of global travel expenditures. This figure is expected to reach $192b by 2020.

Organiser Tasneem Mahmood, from CMM, said the conference hopes to have attendance and representation from every region of the world and presents great opportunities for countries like UAE.

"Every country and business needs to look at Halal tourism because it is growing so rapidly and the Muslim consumer is increasing spend on leisure holidays. For a country like UAE, with a deep Islamic heritage and so much to offer, it presents a real opportunity to attract visitors," she said.

"Our research has shown there are so many countries and travel operators who can benefit from halal tourism but are currently missing out. Within Europe alone, there so many Muslim travellers for UAE to target," she added.

Read More

The First International Conference on Islamic Wealth Management

On 10 - 11 May 2013 at Tazkia University College of Islamic Economics, The First International Conference of Islamic Wealth Management was held. This conference was a part of a big annual event of STEI Tazkia called DINAR 2013 (Days of Islamic Economics Revival). The theme of the event was "The Contribution of Islamic Economics and Finance towards Impeccable Economy Order"

The first day of the conference was the best paper award seminar. There were more than 46 speakers from different countries which participate in this seminar. The speakers divided into 4 groups which each group will presents in one session. They were grouped based on their paper topic. There are 4 topics of the paper presentation, such as;

1. Islamic Wealth Management Perspective : Theoretical Studies
2. Case Studies Presented by Islamic Banks and Financial Institutions
3. The Contribution of Islamic Wealth Management : Empirical Studies
4. Other Issues Related to Islamic Economics

Since I (as an observant) can only attend 1 topic each session (And there were 3 sessions), I chose the first topic for the first session. For the topic Islamic Wealth Management Perspective: Theoretical Studies, there are 3 papers presented:

1. Legality of Tawarruq in Islamic Finance by Nur Yuhanis Bt. Ismon
2. Applying Contingent Valuation Method for Economics Valuation of Awqaf Wealth Management in Welfare Changes of Muslim Households in Sri Lanka by Sarabdeen Masahina and A. C. Muhammadu
3. Takaful as One of the Islamic Wealth Management Tool by Marhanum Che Mohd Salleh

On the seccond session, I attended the secon topic, about Case Studies Presented by Islamuc Banks and Financial Institutions. There're also 3 papers presented:

1. The Principle of Participatory Among Agents, a New Mathematical Modelling in Social Science under Tawhidy String Relation (TSR) Approaching (A Case of Micro-Entrepreneurs Proportion and Its Determinant Factors in Indonesia by Jadi Suriadi
2. Islamic Insurance: Early Warning System on Financial Solvency (Evidence in Takaful Indonesia) by Hariandy Hasbi and Bethani
3. Could Regulator Materialize Potential Demand for Islamic Securities? Evidence from Indonesia by Bayu Kariastanto and Aulia Ihsanin

And the last session, I attended the third topic, The Contribution of Islamic Wealth Management : Emphirical Studies. Papers presented are:

1. Maqhasid Sharia Implementation in Microfinance Bank Syariah Mandiri Case Study in Microfinance Provision for Water Supply to Poor Households in Kudus Regency by Lucky Nugroho
2. Kajian Manajemen Risiko Pembiayaan dan Risiko Operasional dari Pelaksanaan Pembiaaan Konsep Grameen Bank di MBK Finance by Bobby Yulandika Putra
3. Improving Sharia Risk Compliance: Proposing Daily Idex for Mudharaba Contract in Islamic Banks in Indonesia by Anita Priantina, Laode Hasahu, Dewi Febiani

On the second day (11/5) was opened by Bp.Muliaman Hadad,P.Hd as the Chief of Otoritas Jasa Keuangan Republik Indonesia (OJK-RI). The International Conference of Islamic Wealth Management attended by national and international audience. The speakers are: 

1. Prof. Dato' Dr. Sudin Haron (President of Association of Islamic Wealth Management)
2. Prof. Dato' Dr. Muhamad Muda (Vice Chancellor of University Sains Islam Malaysia)
3. Dr. M. Syafii Antonio, M.Ec. (Rector of Tazkia University College of Islamic Economics)
4. Syaikh Romadhon, M.Ec.(Al-Azhar University, Egypt)
5. Dr. Zurina (Practitioner of Islamic Wealth Management Institution)
6. Muhammad B. Teguh, MM. (Independent Financial Planner)

Read More