By: Nyshka Chandran
Muslims account for over 20 percent of the global population but despite their growing spending power, studies reveal that businesses are failing to tap into one key aspect of the Islamic economy: fashion.
“Alongside a thriving Islamic economy, there is growing demand for Islamic fashion apparel. Unfortunately, offerings have been limited, and there is no single Islamic brand catering to the fashion needs of the Muslim population globally. Thus, there is an opportunity for modern Islamic fashion brands to be showcased,” said Karen Van Diesen, market research analyst at Euromonitor in a recent note.
By: Said Alpsoy
THE BEST OF THE BELIEVERS IS THE ONE WHO MAKES THINGS EASIER IN COMMERCE
- The most virtuous of the believers is the one who makes things easier in his shopping, paying his debt and demanding his debt. (Tabarani)
- Be careful! Some portion of people pay their debt nicely and demand their debt nicely, they do not hurt people. On the other hand, some people pay their debt badly, they hurt people; they demand their debt badly. They will be treated in the same way in the hereafter. Be careful! Some people pay their debt badly and demand their debt badly. Be careful! The most virtuous of them are the ones who pay their debt nicely and demand their debt nicely. The evilest ones are those who pay their debt badly and demand their debt badly. (Tirmidhi)