{"id":398101,"date":"2025-10-28T15:37:55","date_gmt":"2025-10-28T18:37:55","guid":{"rendered":"https:\/\/anba.com.br\/?p=398101"},"modified":"2025-10-28T17:55:10","modified_gmt":"2025-10-28T20:55:10","slug":"forum-presents-halal-financial-solutions","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/forum-presents-halal-financial-solutions\/","title":{"rendered":"Forum presents halal financial solutions"},"content":{"rendered":"\n<p>S\u00e3o Paulo \u2013 The fifth panel of the Global Halal Brazil (GHB) Business Forum, held in S\u00e3o Paulo Tuesday (28), presented how halal\u2014which defines what is permitted for Muslims\u2014influences the daily practices of Islamic finance and how it adapts to society\u2019s needs. The participants said ethics in the use of money is essential to ensure it is employed in favor of income distribution. The panel was moderated by Angela Martins, CEO for Latin America at First Abu Dhabi Bank.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"682\" height=\"1024\" src=\"https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.12-682x1024.jpeg\" alt=\"Khalawi and Martins (with the microphone): Panel discussed opportunities in Islamic finance\" class=\"wp-image-398068\" style=\"width:209px;height:auto\" srcset=\"https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.12-682x1024.jpeg 682w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.12-400x600.jpeg 400w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.12-100x150.jpeg 100w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.12-768x1152.jpeg 768w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.12-150x225.jpeg 150w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.12-450x675.jpeg 450w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.12.jpeg 853w\" sizes=\"(max-width: 682px) 100vw, 682px\" \/><figcaption class=\"wp-element-caption\">Khalawi and Martins (with the microphone): Panel discussed opportunities in Islamic finance<\/figcaption><\/figure>\n<\/div>\n\n\n<p>Secretary-General of the World Muslim Communities Council, Mohammed Bechari, warned of the need to view money as a mechanism\u2014not an end\u2014to achieve goals that are meaningful for individuals or companies. \u201cWe must use money to secure our objectives but preserve the values of an ethical economy.\u201d<\/p>\n\n\n\n<p>The Secretary-General of the Islamic Chamber of Commerce and Development, Youssef Khalawi, drew a parallel between halal principles and a sustainable economy that must achieve the Sustainable Development Goals (SDGs) by 2030.<\/p>\n\n\n\n<p>\u201cHalal is not only for Muslims\u2014it was addressed to humanity according to the Quran [the holy book of Islam],\u201d he said. \u201cWe see the potential of halal as the only alternative system that works for capitalism.\u201d \u201cHalal green\u201d is the theme of this year\u2019s GHB, as a way to find solutions for a sustainable world within halal principles.<\/p>\n\n\n\n<p>Halal in Arabic means \u201cpermitted\u201d and refers to a set of products, behaviors, and services that can be adopted and consumed by Muslims. In Islamic finance, for example, it is not allowed to invest in debt or charge interest. An alternative is sukuk\u2014bonds through which the individual or company that acquires them becomes the owner of a share in a business.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.11-1-1024x682.jpeg\" alt=\"Bechari: The use of money must have an ethical purpose\" class=\"wp-image-398071\" style=\"width:308px;height:auto\" srcset=\"https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.11-1-1024x682.jpeg 1024w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.11-1-600x400.jpeg 600w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.11-1-150x100.jpeg 150w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.11-1-768x512.jpeg 768w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.11-1-450x300.jpeg 450w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.11-1-1200x800.jpeg 1200w, https:\/\/anba.com.br\/wp-content\/uploads\/2025\/10\/WhatsApp-Image-2025-10-28-at-14.23.11-1.jpeg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Bechari: The use of money must have an ethical purpose<\/figcaption><\/figure>\n<\/div>\n\n\n<p>Dinar Standards CEO Rafi-uddin Shikoh participated in the meeting remotely. He said the company monitors fintechs operating in Islamic finance. \u201cThese are digital platforms that serve as fertile ground for financing innovation,\u201d he said. According to him, these initiatives invest in new sectors, such as the carbon credit market.<\/p>\n\n\n\n<p>Luciana Oliveira, Relationship Manager at Neem Capital, highlighted an essential aspect of negotiating with Arabs: dialogue. \u201cWhen we talk about business in the Islamic world, they tell stories, welcome you\u2014it\u2019s very similar to Brazilian culture. It\u2019s not just an exchange\u2014there\u2019s a story being told,\u201d she said, referring to the negotiation process.<\/p>\n\n\n\n<p>The forum is organized by the&nbsp;<strong>Arab-Brazilian Chamber of Commerce<\/strong>&nbsp;(<a href=\"https:\/\/ccab.org.br\/en\/\" target=\"_blank\" rel=\"noopener\">ABCC<\/a>) and FAMBRAS Halal Certifier. GHB sponsors include MBRF (Marfrig \u2013 BRF), MODON (Saudi Authority for Industrial Cities and Technology Zones), Seara, CaraPreta Carnes Nobres, EcoHalal, Emirates, Grupo MHE9, Laila Travel, Prime Company, and SGS, with catering by \u00c1gua Mineral Frescca and P\u00e3o &amp; Arte Frozen Bread.<\/p>\n\n\n\n<p>Strategic partners include the Islamic Chamber of Commerce and Development (ICCD) and Islamic Chamber Halal Services (ICHS). There is also institutional support from Brazilian beef industry group ABIEC, Brazilian Beef, Brazil\u2019s chicken and pork lobby ABPA, Brazilian Chicken, International Halal Academy, and the Union of Arab Chambers (UAC).<\/p>\n\n\n\n<p><em>Read more<\/em>:<br><a href=\"https:\/\/anba.com.br\/en\/halal-and-sustainability-integrate-in-companies\/\">Halal and sustainability integrate in companies<\/a><\/p>\n\n\n\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-398062\">Marcelo Brammer\/Arab-Brazilian Chamber<\/div><div class=\"credits-overlay\" data-target=\".wp-image-398068\">Marcelo Brammer\/Arab-Brazilian Chamber<\/div><div class=\"credits-overlay\" data-target=\".wp-image-398071\">Marcelo Brammer\/Arab-Brazilian Chamber<\/div>","protected":false},"excerpt":{"rendered":"<p>Panel held at the GHB Forum discusses Islamic finance and how it meets current needs.<\/p>\n","protected":false},"author":2317,"featured_media":398062,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[46537,114],"tags":[48478,22644,9534,15785,9888,54795,15786,9550,41084],"class_list":{"0":"post-398101","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-arab-brazilian-chamber","8":"category-news","9":"tag-arab-brazilian-chamber-of-commerce-2","10":"tag-brasil-en-2","11":"tag-brazil-en","12":"tag-fambras-halal-en-2","13":"tag-finance-en","14":"tag-ghb-en-2-en","15":"tag-halal-en-2","16":"tag-halal-en","17":"tag-muculmanos-en-2"},"wps_subtitle":"Panel held at the GHB Forum discusses Islamic finance and how it meets current needs.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/398101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2317"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=398101"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/398101\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/398062"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=398101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=398101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=398101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}