May-June . 2024 | @ Halal

�i�ton �ondon �etropo�e provides ha�a� refreshment options and pra�er space for �us�im guests

Daccache brings over 15 years of experience in the hospitality industry , including nine years with Hilton in the United Arab Emirates . Her new role will likely involve assisting the hotel in accommodating Middle Eastern guests .

Visit Britain data from 2023 indicates that many tourists from Gulf Cooperation Council ( GCC ) countries prefer lodging in London . Hence , it ’ s critical to address the needs of GCC guests . Especially since halal-friendly accommodations and services are becoming highly demanded .

Recently , the hotel made major property renovations to enhance the overall guest experience . In addition to spacious suites and outstanding facilities , the hotel has introduced halal food and beverage choices and a prayer room .

This ensures that Muslim guests can access amenities that meet their dietary and religious needs . Apart from that , it also demonstrates the hotel ’ s respect for different cultures and religions .

Hilton London Metropole General Manager Bill Fisher emphasised the relevance of the GCC market for the hotel .

Fisher is optimistic about Daccache ’ s appointment to the team . Her previous roles at prestigious hotels in Abu Dhabi and her recent position as senior regional revenue manager for several hotels in the Arabian

Peninsula and Turkey will provide valuable insights into the Middle East and North Africa ( MENA ) market .

On her appointment , Daccache said : “ As the commercial director for Hilton London Metropole , I am excited to bring my extensive knowledge of the GCC and continue to enhance the already outstanding offer which caters to the discerning Middle Eastern traveller .”

Hilton London Metropole accommodates Muslim guests by providing halal food and a prayer room . Irrespective of religion , those looking for a comfortable stay will find the hotel an outstanding choice .

MARVION Inc . ( OTC : MVNC ) experienced a remarkable surge in its financial performance in 2023 . For its fiscal year 2022 , the company ’ s revenue rose by 25 per cent , reaching US $ 14,454,869 .

Apart from that , there was a significant increase in gross profit , with a rise of 107 per cent , from US $ 2,787,661 in 2022 to US $ 5,785,760 in 2023 .

With its newly appointed Chief Executive Officer ( CEO ), Chan Man Chung , the company appears set for growth in the coming years .

“ I am honoured to lead this successful company into an even brighter future . Building upon our rich legacy , I am committed to fostering innovation , driving sustainable growth , and nurturing a culture of excellence ,” said Chan .

Over the past two fiscal years , Marvion has consistently generated revenue from the entertainment industry .

This year , the company is actively exploring ways to integrate its technology into various compatible applications . One notable area of focus is the adoption of its Digital Ownership Token ( DOT ) platform for halal certification .

Halal certification ensures products meet Islamic law requirements and are free of impure ingredients . This accreditation is crucial for the 1.6 billion Muslim consumers worldwide .

Marvion can expand into the halal certification sector to grow its consumer base . This strategy can bring the company to the forefront of the technology solutions sector . Furthermore , it aligns with the company ’ s goal of sustainable growth and excellence in innovation .

The global halal market is approximated to be worth more than US $ 2 trillion , with an estimated growth of US $ 2.8 trillion over the next few years .

This substantial market presents an exciting prospect for Marvion ’ s DOT technology , which can enhance the halal certification pro- cess ’ s transparency , security , and efficiency .

Halal certification covers various industries , such as the financial sector , the food and beverage market , cosmetics , medication , travel , media , and recreation . DOT technology can be applied to these industries to ensure compliance and authenticity .

Regarding the potential of halal certification , this initiative aligns with Marvion ’ s mission to develop its DOT technology . The launch of DOT for halal certification can further diversify the company ’ s range of services . This will open new revenue streams and market opportunities .

This move also shows Marvion ’ s commitment to going beyond the hype of Web 3.0 . It demonstrates their dedication to creating a sustainable economic model for the company and shareholders .

Marvion will also be exploring other business application opportunities for DOT technology usage . Marvion expects to profit from its new market strategy by the end of 2024 and the years following .

CANADA ’ S federal government is exploring initiatives to improve equity in the tax code and enable Canadian Muslims to enter the housing market as part of its 2024 federal budget .

These initiatives include potential changes to tax laws and regulations . Access to Islamiccompliant and interest-free financing options is expected to become more accessible .

Additionally , improving accessibility to alternative financing products , such as halal mortgages , can help foster a more inclusive economic environment . This inclusiveness benefits all , irrespective of their religious beliefs .

Manzil , Canada ’ s leading digital Islamic financial institution , offers Shariah-compliant property investment opportunities and ribafree services .

“ The 2024 budget can facilitate more accessible access to property ownership for our community , underscoring Canada ’ s commitment to equity and economic inclusivity , said Manzil Founder and Chief Executive Officer ( CEO ) Dr Mohamad Sawwaf ( Pic ).

The policy and regulatory landscape , including the lack of Shariah-compliant financial services in Canada , makes it challenging for members of the Muslim community to adhere to their religious beliefs while seeking home ownership .

“ The steps included in the budget go a long way to recognising the five per cent of Canadians who adhere to Islamic principles in their financial decisions ,” commented Sawwaf .

Nevertheless , the government ’ s support for halal mortgages and other halal financial products will likely boost the number of Muslim homeowners .

This initiative sets a precedent for other financial institutions to consider providing comparable products and services to improve the quality of services for the Muslim community in Canada .