Russian firm plans halal reindeer meat exports to Qatar

By Reuters Staff
December 22, 2010

reindeer (Photo: A Nenets tribesman and his  herd of reindeers on the Yamal peninsula, north of the polar circle, August 4, 2009/Denis Sinyakov)

When rival energy producers Russia and Qatar talk business, it’s no longer only about natural gas — they’re talking reindeer meat, which Russia has promised to export and butcher according to Muslim dietary law. The prospect of Russia exporting halal reindeer meat products to the desert kingdom first came up last month when the governor of Russia’s Arctic Yamal Nenets region, where most of Russia’s gas is produced, was in Qatar for investment talks.

Islamic finance’s reputation as “safe” is a myth: Qatar regulator

By Reuters Staff
January 28, 2010

saudi-bankers

Traders at the Saudi Investment Bank in Riyadh, 8 Oct 2008/Fahad Shadeed

It’s a myth to assume Islamic finance products are safer than conventional products and underlying risks should be studied more carefully, Qatar’s top regulator said at the Davos World Economic Forum meeting on Wednesday. Despite being billed as a safer alternative to traditional banking because assets must underpin deals, Islamic bondholders have found they may not have any more legal safeguards than conventional counterparts in the event of default.

Qatari firm in talks to make Prophet Mohammad film

November 1, 2009

mohammadA film about the Prophet Mohammad backed by the producer of “The Lord of the Rings” and “The Matrix” is under discussion, a Qatar media firm said Sunday, with the aim of creating an English-language blockbuster for the world’s 1.5 billion Muslims.