Gaya Magazine January 2017 - Hijab & Modest Fashion for today's Muslim woman

January 2017

BE THE CHANGE LISN UP X YUNA PLACES TO GO COLLECTION & EXCLUSIVE INTERVIEW

TOKYO TAKES ON

modest fashion

January 2017

Contents Cover Story

Fashion       

Lisn Up x Yuna Modern Modesty Cover Me Collection Floral Arrangement Tokyo Modest Fashion Show 2016 KL Modest Fashion Week 2016 Asia Islamic Fashion Week Singapore Modest Fashion Collective

Beauty 

Beauty Bargains

Inspire  

I Will Not Be Body Shamed What a World

Living 

Heaven Scent

Food  

Afternoon Tea at The Dorchester Koshari Recipe

Health  Disclaimer: All rights reserved. No part of this magazine or content may be reproduced or used without the written permission of the publisher: C.A. Editorial Consultants. All information contained in this magazine is for information only, and is, as far as we are aware, correct at the time of going to press. The views, ideas, comments, and opinions expressed in this publication are solely of the writers, interviewees, press agencies, and manufacturers and do not represent the views of the editor or the publisher. Whilst every care is taken to ensure the accuracy and honesty in both editorial and advertising content at press time, the publisher will not be liable for any inaccuracies or losses incurred. Readers are advised to contact manufacturers and retailers directly with regard to the price of products/services referred to in this magazine. If you submit material to us, you automatically grant C.A. Editorial Consultants a license to publish your submission in whole or in part in all editions of the magazine, including licensed editions worldwide and in any physical or digital format throughout the world.

Staying Positive

Work 

Islamic Finance - Playing it Safe

TEAMG AYA Our Writers

Co-founder & CEO Editor-in-chief Juliana Iskandar juliana@gayamagazine.com

Country Editor Australia Mastura Koelmeyer

Country Editor Bangladesh Mumtahana Elahi

Aateka Samara Amal El Gharbi Ana Maria Aneesa Asma Toujani Assil Taha Atikah Amalina Ayesha Khan Aylim Duran Azrina Naimuddin Bushra Amjad Hakeemah Cummings Hanisah Maskon Hanna Begum Hajar Masri Hira Ali Hasna B Idil Mohamed Ali Iqra Arif Lamaa Husseini Lamya Ayad Layla Rodrigues Lipa Hussain Madiha Ahmed Mahnoor Malik Malikah Ebrahim Marwa Samara Mahvash Rehman

Nada Alzalloum Nadia Ali Nafisa Bakkar Naseema Miah Nawal Boukir Nouhailah Rahma Talwar Regine Maryam Reham Khan Roda Abdi Rym Shamas Sabera Hassanally Goulam Safira Adam Sajeda Sheikh Saleema Shah Salma Shalaby Sana Mahmood Sanae Chakrouni Sara Dekkiche Sarah Ghanem Shazia Javed Hassam Sheema Sherry Sheikha Haroon Shuhada Alauddin Siddika Jaffer Siti Nur Habibah Unaizah Toffar Zoya Khan

Editorial Assistant Atikah Z Designer Jessalynne Woo Beauty Editor Naira Ghanem

Marketing & Distribution Byte.ME Pte. Ltd.

join our team of writers.

magazine@gayamagazine.com

Hello 2017...

W

hen I was 10 years old, my cousin and I ran a make-believe magazine called the “Space Age Club”. She was a year older than I was and a talented artist, so she would draw all the artwork while I would write and edit the articles. Funny how my life turned out, eh?

In one issue, I wrote about what the world would look like in the year 2000. It was the early 90s back then and the year 2000 sounded like a futuristic new world. In the article, we drew flying cars, underwater housing estates, highways in the sky - something close to the Jetsons. Here we are in 2017 and the world today isn’t anywhere near what my childhood imagination had spun back then.

Ok, so we don’t have flying cars. But instead of flying around in such crazy contraptions, we transport ourselves through the digital world - connecting us across the globe in the palm of our hands. Close enough, I guess.

So hello 2017. You may not be exactly what I thought you were going to be, but I know you’re going to be good.

how to use gaya Spot these icons in the magazine?

Tap them to go directly to the website, social media or even play a video.

Tap here to go to the website

Tap this icon to view Instagram

Tap this icon to go to Facebook

Tap this icon to go to Twitter

Tap this icon to go to a page

Happy New Year, everyone!

love & peace...

Juliana Iskandar

Tap this icon to play a video

Fashion

Lisn Up X Yuna

Boston-based clothing line Lisn Up has joined forces with singer, Yuna to release a special project dubbed “The Places To Go Collection�. This collaboration reaches out in solidarity to millions around the world affected by the refugee crisis.

We speak to Yuna on the collection, the collaboration and the message she hopes to send to the world.

PLACES TO GO COLLECTION

Interview by Atikah Z Photography by Aja Hitomi Lampkin

5

Vintage Flight Bag 6

Music Video Long Hoodie

have nowhere to go, which is heartbreaking. I can't imagine not having a place to go home to...so I try my best to help in any way possible.

How did the collaboration between you and Lisn Up Clothing come about?

Adam from Lisn Up reached out to me.

I've always thought his collaboration with Noor Tagouri was amazing so I thought this would be a great thing, especially when you're donating to the refugees, it’s such a great way to create awareness and also help them.

Lisn Up is known for its charitable clothing collaborations with artists and influencers, where a portion of profits from each collection goes to the collaborator's charity of choice. What made you decide to dedicate your collection to the refugee crisis and the US Committee for Refugees and Immigrants (USCRI)?

We discussed about the entire collection and I feel like I've always been vocal (on social media) about the refugees.

I tweet links where my fans can read news or watch videos about the refugee crisis and I think Adam picked up on that and linked that up with my music, which was brilliant. “Places To Go” talks about going home, but refugees 7

As you spend most of your time in the U.S., what are your thoughts on the current U.S. political climate shaping, sometimes in a negative way, people's perceptions of immigrants and refugees?

It's worrying, definitely. But that shouldn't stop you from being you.

I'm a Malaysian artiste signed to an American label, I work a lot out here and I've never had anybody in my field of work being prejudice towards me.

Hopefully this is just a temporary phase for America, before everyone starts to realize that there is no point in focusing on separation and segregation, if you want a peaceful living condition.

America is a huge melting pot and everyone works hard for their family and the country they live in.

Getting down to fashion…of the 5 pieces in the collection, which is your favorite and why?

My favorite is the flight jacket. It's so cool! We added the Malaysian flag, my home country, and I love seeing my fans getting the jacket and rocking that Malaysian flag, even when they're not from there.

As its name suggests, the collection is also inspired by your song "Places To Go" off of your latest album Chapters.

While the meaning behind the song is about constantly traveling and needing a place to call home, it is perfectly juxtaposed with an uplifting R&B beat.

On that note, if you could give an uplifting message to refugees around the world, what would that message be?

One thing I will definitely say is I am with them every step of the way, and I'm not the only one. There are 15 million refugees in the world, I want them to know there are millions out there who are passionate about helping them.

Never lose hope. My country welcomes refugees, we believe in helping those who are fleeing their countries because of war. We are here for them. A lot of people are ignorant about the refugee crisis, not knowing that if you support war, you support millions of people getting killed or losing homes...but we’re trying to change that...hopefully!

8

Vintage Flight Jacket Millions of refugees around the world take flight every day in search for a new beginning, often leaving on a moment's notice.

The jacket implies that we are all taking flight together. The Vintage Flight Jacket features a Malaysian flag patch and 3 puzzle-piece patches.

9

Music Video Long Sleeve The design is centered across the chest with the text hidden behind the 'Places To Go' music video screenshot. This maintains the "displaced" theme while also playing into themes found across the brand.

10

about

S

tarted by Adam Khafif in 2011, Lisn Up is a streetwear brand with a big heart. A customer’s connection with a brand often times ends the moment the purchase is made.

With Lisn Up, the brand strives to keep that connection going by donating 50% of its profits to charity.

In today’s digital climate, it’s very easy to lose oneself in the culture of individualism. Whilst there is nothing wrong in the pursuit of one’s goals, we have to stop and ask ourselves, what are the values and morals that we stand for? Are our individual needs more important that the needs of the society?

What are we doing to give back?

11

And that’s exactly what Lisn Up is trying to change. In this busy world, the brand gives a voice to the voiceless.

The streetwear collaborates with artists, athletes and influencers to release specific collections dedicated to specific causes.

Lisn Up collaborated with Noor Tagouri, the first ever hijabi to appear fully clothed in Playboy, on a collection that combats sex trafficking. Now, Lisn Up has collaborated with singer, Yuna on a collection that reaches out in solidarity to millions around the world affected by the refugee crisis.

Places To Go Hemp Tee

Fashion

odern Cover Me from the UK brings together a sophisticated balance between modesty and modernity...

12

Maliha abaya

odesty

When you think of an abaya, you typically think long, black and perhaps worn to the mosque only. But as seen on social media, abayas these days are no longer confined to their trademark look.

Modern influences are slowly being injected into these typically Middle Eastern traditional pieces.

Ivory co-ord & Ivory 3/4 length kimono 13

We are beginning to see abayas worn on the streets as an outerwear with or without the headscarf. In some cases, the traditional all black look is replaced by pops of colour and bold patterns.

The evolution is a good thing because fashion is universal. And more importantly, pushes the conversation of modest fashion into the forefront.

Cover Me is one such brand that strives to do just that.

Laser cut kimono 14

With their extensive knowledge of stitching and patterns, Cover Me provides a modern alternative to modest fashion creating a collection that is vibrant and trendy and that reflects the progressive fashions of modern life.

The brand takes pride in staying in line with current trends whilst maintaining the balance between modesty and comfort. And whilst modesty is a value that we Muslim women abide by, Cover Me ensures that their modest clothing range is not confined to any specific community or faith. Modest fashion for all.

Ivory Skater Dress & Velvet Rust Bisht 15

Their range of abayas and kimonos, and even tops and trousers, are sophisticated yet feminine which is a perfect representation of today’s modern woman. Each piece of the collection is finished by hand in the UK and every detail is carefully calculate.

Never mass produced, you will be sure to be donning a one of a kind piece each time. For more about Cover Me and their collection, tap the icons below.

Prism Kimono 16

Fashion

Floral Arrangement

How do you wear a long dress in winter? A question that’s asked of me quite a bit. Today, to answer that question, I’m going to show you how you can pair a flowery dress, which is usually seen in summer, with thigh high boots to still keep you warm in that chilly winter weather.

Written by Hasna B Photos by Syazwan Rasidi 17

I’ve had this flowery dress for a long time and generally, I wear it when it’s sunny. But here you will see that with a long-sleeve tee (you can go with a turtle neck as a warmer option), boots and a cardigan (or a coat) it is possible to wear this summer dress in winter.

Hijab from Samia’s Treasures.

Dress & Cardigan from Zara.

Boots from Shein.

Bag from Mango.

Watch from Daniel Wellington

18

The backdrop doesn’t look all that wintery, but I’m taking this opportunity to bring you to a new place.

These photos were taken in…a cemetery. Hmmm… not glamorous but I find it really beautiful, romantic and peaceful. This is the Japanese Cemetery Park in Singapore, which consists of 910 tombstones that contain the remains of members of the Japanese community in Singapore including young Japanese prostitutes, civilians, soldiers and convicted war criminals executed during the Japanese Occupation from 1942 to 1945 - a little bit of history for you.

THE WRITER: HASNA B Hasna B is a French blogger who now resides in Singapore. A mom of twins, she loves travel and of course, fashion. With over 24K followers on Instagram, Hasna B has carved her unique sense of style and fashion. Aside from her beautiful twin girls, blogging and vlogging keeps this beautiful mom busy.

Check out her blog and YouTube channel for fashion and beauty tips, as well as hijab tutorials.

19

Fashion

T

hree years ago if you mentioned “modest fashion” you’d be met with a puzzled look. It wasn’t really the inthing. Yet, it is something we Muslim women deal with every day. Longer sleeves, longer hemlines, hijab, that was modest fashion.

But to the rest of the world, it was somewhat oppressive or here in humid Singapore, we’d be met with the question “Do you not feel hot with all those layers?” We would laugh then.

But now turn every corner or better yet, swipe across Instagram and you’ll see modest fashionistas everywhere striking a pose loud and proud.

20

Thanks to social media (and the resilience of Muslim bloggers) the term modest fashion is taking the world by storm with modest fashion shows sprouting out everywhere. Up till this point, it’s been held at the usual Muslim-majority countries like the Middle East, Kuala Lumpur, Jakarta and most recently Turkey.

Now, Toyko joins that list. On 22nd and 23rd November 2016, modest fashion took center stage at the first ever Tokyo Modest Fashion Show which was part of the Halal Expo Japan 2016. Around 10 brands, mainly from Singapore, took the stage to showcase some of their latest collections.

The Halal Lifestyle Expo boasted a variety of brands and companies that cater to the growing Muslim community in Japan. And yes, there is a large Muslim community there.

Many we spoke to mentioned that whilst halal food can be found in Japan, there seems to be a gap when it comes to modest or Muslim fashion. Many turn to online stores to feed their modest fashion appetite.

21

Needless to say, the fashion show was received with much enthusiasm. With the rapid growth of the industry, we are hopeful that we will be seeing more modest fashion brands and shows in the new year.

22

23

24

25

26

27

28

29

Fashion

F

ashion designers, entrepreneurs, buyers and fashionistas gathered to experience Malaysia’s international modest fashion event, Kuala Lumpur Modest Fashion Week 2016 (KLMFW 2016). KLMFW 2016 is the continual of the previous Moslema In Style International Fashion Forward (MISIFF) event which took place in November 2015.

Positioned to make Kuala Lumpur the number one global destination for leading modest fashion brands, high quality accessories and textiles KLMFW’s debut was well planned.

GAYA Magazine was one of the proud media partners at KLMFW 2016 and 30

attending as part of the entourage was definitely an opportunity to experience and embrace.

KLMFW 2016 showcased home-grown designers from all over the world, held at the Putrajaya International Convention Centre (PICC) on the 3rd and 4th of December meant as many as 2,000 people flocked to the heart of Malaysia’s parliamentary city. It was the perfect city to hold such a grand event especially with the support of the Ministry of Tourism and Culture Malaysia and Tourism Malaysia to boost the country’s image and open more economic opportunities for the country.

The event brought the potential leading designers of the modest fashion industry to showcase their work in recognition of the rise of modest fashion worldwide.

With participation by talented designers from Italy, Japan, Indonesia, Saudi Arabia, Singapore, Pakistan and Malaysia, KLMFW 2016 presented designers with a platform to connect them to industry players with an exuberant audience and back to back runways unlike any other.

KLMFW began its runway showcase with Ryoko Katayama from Japan, Ghadi Ali from Saudi Arabia and Wajie Ibrahim from Malaysia followed by Tamma and Beta Azee from Malaysia, Si.Se.Sa from Indonesia, Kaifiyyah 31

from Singapore, Nina Noghoro and Lantera from the Indonesia Modest designer movement, and Jawhara from Indonesia.

Day Two showcased modest collection from designers Carolina Ferioli from Italy, Nihaan from Pakistan, Top Tato from Saudi Arabia and MFA from Malaysia. Many had the chance to meet with a few international bloggers who came to observe the fashion shows Imane Asry (Fashion with Faith) from Sweden, Hodan Yusuf (Cheese and Xalwo) from the Netherlands, Fathima Husam from U.A.E, Omaya Zein from the United States and Nabila Bee from United Kingdom.

The array of amazing collections that walked the runway wowed the audience in a way that captivated them fully.

Being the very first modest fashion event I’ve attended, I was unsure what to expect though like all fashion shows, the essence is the same. It’s about showcasing the remarkable designs created by the marvellous designers of each item that walks the runway. I was very humbled and pleased to attend such a large event in my second home,

Malaysia, as well as having a media pass to go backstage to see the hard work behind the scenes, being able to meet and connect with many in the modest fashion industry.

Looking forward to see what other events Moslema In Style present in the new year. It is exciting to observe the extent to which the modest fashion industry is penetrating every corner of the world.

COUNTRY EDITOR: MASTURA KOELMEYER Eurasian by heritage, an Australian born girl who lives in the small but vibrant city of Perth. She is a mother of three beautiful children and a lover of fashion.

Usually a full time worker, she juggles the upbringing of her children and her blog, as well as is the Marketing Director of Tulyss Design - an emerging fashion designer shoe label in Australia and Malaysia. Mastura is the avid blogger behind Missy-Lia, which mainly focuses on motherhood, modest fashion and lifestyle.

32

Fashion

I

nspired by the vibrancy of the Islamic fashion scene and in an effort to further expand the industry, AIFW Event is pleased to bring to you Asia’s first Islamic fashion week in Malaysia; Asia Islamic Fashion Week [#AIFW2017].

It is a uniquely designed trade event aimed at showcasing the blend of modest fashion with cutting-edge style that is within the Islamic context.

Malaysia is set to play host to the inaugural event from March 30 - April 2, 2017. The retail industry will convene at the prestigious Kuala Lumpur Convention Centre over four days from 10am to 8pm daily, to spot and shop the 33

latest trends in Islamic-inspired apparel, accessories, cosmetics and resources.

With the theme ‘Establishing Asia As A Global Centre For Islamic Fashion’; #AIFW2017 aspires to be the most influential Islamic fashion & lifestyle marketplace in Asia by creating an avenue for the Islamic fashion business community to share their experience and knowledge.

“It is with great honour that we welcome all exhibitors, designers, trade buyers and visitors from all over the world, to be part of this exciting event.” said Fuza Umar, the brainchild and founder of #AIFW2017. “More than 10,000 visitors, 180 exhibitors, 100 designers, 200

...AIFW2017 aspires to be the most influential Islamic fashion & lifestyle marketplace in Asia by creating an avenue for the Islamic fashion business community to share their experience and knowledge...

international trade buyers, fashion influencers, business executives, fashion photographers and the entire media buzz from over 20 countries is expected to take part in #AIFW2017.”

Fuza also added, "We are very proud to announce our collaboration with Asia's online fashion destination, ZALORA, as the Official E-Commerce Partner.

With a presence in Singapore, Indonesia, Malaysia & Brunei, the Philippines, Hong Kong and Taiwan, we believe that ZALORA is the best online platform to help promote the Islamic fashion industry across Asia. We are also very blessed and privileged to have two remarkable global modest fashions influencers in #AIFW2017: 34

DIAN PELANGI - a multi-talented Indonesian designer, an award winner, a successful entrepreneur, and one of the most influential fashion icons in the global Islamic community with over 4.4 million followers on Instagram alone.

MIZZ NINA - Malaysia's highly respected icon that continues to raise the bar with her ever-growing accomplishments in da'wah, fashion and humanitarian efforts. Whatever she does, she does it with a burning passion and commitment to her game.”

In her statement, Mizz Nina said, “Alhamdulillah, I feel blessed and honored to be a part of #AIFW2017, a wonderful platform showcasing

MIZZ NINA - Malaysia's highly respected icon that continues to raise the bar with her ever-growing accomplishments in da'wah, fashion & humanitarian efforts.

amazing modest fashion designers, talents & speakers from all around the world. First of its kind combining fashion, Faith and beauty as it should be presented to the world!� #AIFW2017 in its first year will feature three main elements; Fashion Trade Show A platform for sustainable and profitable Islamic fashion and lifestyle business networks; covering the trade and the public. From luxury brands, to the latest trends in modest fashion, #AIFW2017 brings you exhibitors from around the world that fuel the business of Islamic fashion.

35

Fashion Show Featuring the latest trends in Islamic fashion from renowned designers, top retailers, boutiques and independent designers. The runway show is a must see event.

Fashion Interact Enriching Muslims with the knowledge of Islamic fashion based on Islamic values through interactive talks by speakers from various fields within the Islamic fashion & trade industry.

Fashion

A

s modest fashion takes off globally, it’s no surprise that our little island is stepping up efforts to push this to the forefront as well. Up till this point, when it comes to modest fashion, all focus is on Malaysia and Indonesia but Singapore too has an impressive amount of talent.

On the 27th of November 2016, we were invited to the launch of Singapore Modest Fashion Collective - a platform for fashion designers, photographers, videographers and modest fashion bloggers to network and collaborate.

Photos by Asyari Photography

36

Co-founded by Tayeba Abdur-Rahman and Hasna B, the collective strives to put Singapore Modest Fashion on the map by providing a common ground for those in the industry to network and share their services with one another.

The launch event saw a panel of speakers from bloggers, photographers and media sharing their knowledge, experience and advice on the different aspects of the industry.

Sharing their experience with blogging, notable Singapore influencers such as Tiq @automatiqhigh, Nur Fatiin @nurfatinn, Nadya Abd @nadyaawesome, Zahra @zahraaaj and Nur Khairunnia @uhnisa, were on hand. And sharing advise on photography were, Shabrina from @AsyariPhotography, Ikhwan from @_MonoSG and Sufyan from @Ad1_Sufyan.

Of course it wasn’t just all work and no play. Participants were entertained with makeup and hijab tutorials, live music and lots of good food.

GAYA Magazine, Co-founder, Juliana Iskandar was also on hand as an invited speaker to provide an insight into the international modest fashion scene through the eyes of the media. Read on to hear what she had to say.

37

Left to right: Tayeba Abdur-Rahman, Co-founder SMF Collective, Juliana Iskandar, Co-founder GAYA Magazine, Hasna B, Co-founder SMF Collective

Tayeba: What is GAYA Magazine?

Gaya, pronounced as ga-ya, means Style in the Malay language. GAYA Magazine is an international modest fashion and lifestyle magazine. It is a digital magazine so you can download it to your phone or tablet. It's specially designed for the mobile device and it's free. Just download from our website at gayamagazine.com.

Tayeba: What was the modest fashion scene in Singapore like when you started Gaya magazine? How has it changed since then?

When I started the magazine in 2013, the modest fashion scene in Singapore was in its infancy. There were hijab 38

bloggers and modest fashion brands, yes, but it was pretty quiet and individual. There weren't events such as these. Media wasn't looking into it.

Modest fashion was booming outside Singapore and I guess that's why we got picked up in places like the UK and the US rather than here. To be honest, we got known overseas before getting known here. I've met people here telling me they thought GAYA was a European magazine. I guess now that modest fashion is getting this much attention elsewhere, thankfully Singapore is following suit. There are more events like these, more modest fashion brands sprouting up, etc. In fact even mainstream brands like Zalora is picking up on the modest fashion scene.

Tayeba: Singapore is considered to be a secular country and so there are some restrictions on where you can wear hijab (similar to France). What effect has that had on the modest fashion scene in Singapore?

Personally I don't see that having an effect on the modest fashion scene. Yes, there are some places of work where we can't wear the hijab. Even school. But personally I've not seen that curb the love or creativity of women who dress modestly outside these places of restrictions. I know many of our readers who are nurses for example and while

How can Singaporean designers stand out and make their mark on the global modest fashion scene?

Think outside the box. Look beyond just Singapore. Designs should speak to all and not just the trends in Singapore. Compare yourself to the brands out there. For example at one point florals were a Singapore trend and suddenly you see florals everywhere on everything. Like everyone just came out of the botanic gardens. Be different.

If you want to make your mark on the global scene, be different. Push the envelope. Let me give you an example.

“...For me personally fashion is a gateway to a deeper conversation about Islam and Muslim women but if we don't support one then what are we really trying to teach then? What is our real cause?...” they can't wear the hijab because of work, outside of work they put it on.

Perhaps the only thing I see where this may be affected is how big the scene can grow into. I don't think we will reach a point where we will see a Singapore Modest Fashion Week.

Or for Singapore fashion week to have a modest section like how Malaysia fashion week did recently. Then again we can take this as a challenge and create one ourselves if we come together.

Tayeba: Singapore is a cosmopolitan city, with many cultures and influences.

39

When I started GAYA, I got flack from the Malay community. I was featured on a site called People of Singapore and I had a slew of negative comments calling me “un-islamic” because they said I made the hijab a fashion statement.

It affected me. I wanted to give up but I stuck with it because I know in my heart that's not my intention.

My intention for the magazine was beyond the hijab. Fashion to me was a gateway to a deeper conversation about Islam and Muslim women. That's another long story and I don't want to run out of time.

Tayeba: What excites you most about the modest fashion scene in Singapore?

That it's growing. In 2013, we didn't have events like these here in Singapore or maybe we weren't privy to it because it's all quiet and only among those in the circle. Now my days are filled with events like this and it's fun. Like finally.

Tayeba: What frustrates you most about the modest fashion scene in Singapore?

This is a tough one. I hope I don't offend anyone when I say this but what Fatin (@nurfatiin) said earlier was right. As modern as Singapore is, our community is still pretty conservative. So when we push the boundaries it is seen with skeptical looks.

Also it's a very competitive industry.

It could be a combination of the typical fashion industry and a Singaporean thing to be better than everyone else, I don't know but I personally find it negative sometimes. Healthy competition is good but not when we bring each other down for the sake of our own success.

Modesty is not just in the way we dress but our hearts and mannerism. For me personally fashion is a gateway to a deeper conversation about Islam and Muslim women but if we don't support one another in a positive way and we compete with one another "unhealthily" then what are we really trying to teach then? What is our real cause?

40

Tayeba: What advice would you give to women who would like to start wearing a headcovering?

Just do it. Really. In fact I just started wearing the hijab myself. I've been wanting to do it for a long time but my work situation wasn't ideal. Back story, aside from GAYA, I run a digital marketing agency. I have clients like retail outlets, F&B outlets, hotels and many aren't halal. Sadly your ability is judged by what you wear. But my heart wasn't at ease. So recently I threw my hands in the air said, “you know what?

I'm doing this”. And you know what?

All the concerns I had were just in my head. Alhamdullillah I wasn't treated differently. FYI I come from a mix family. My dad is a revert and I was raised by my paternal grandparents who are Catholic. Imagine my grandma’s shock when I appeared at her house in a hijab. Thankfully she didn't slip and fall in the kitchen when I appeared. But after that, we continued our usual conversation. It was like as if nothing changed. She even gave me styling tips at the end actually telling me what color hijab would look nice on me.

But that's my story. I know women who have been treated differently or worse, been told by their bosses to take it off.

But I'm always a believer that if you do something with the right intentions Insya'Allah He will help you.

41

My brother told me, when I was contemplating the hijab, that if an opportunity slipped just because the other person judged you by your hijab, then that was not truly meant for you.

Hasna B: How is your relationship with YouTube vloggers i.e. what are the differences between modest fashion in France and South East Asia? Is there is censorship in Singapore regarding women on TV in hijab?

I don't think there is a difference because so far the vloggers I know talk about fashion. And that's not a censorship issue in Singapore. Just don't touch on politics and you'll be fine. Even when talking about religion as long as you're not like "radical" I think that should be fine.

Alhamdullillah we've been doing GAYA and we talk about religion too but it's all in a positive way that doesn't incite hate or anything.

With woman in hijabs on TV, I may not be well equipped to answer that as I’m not inside the media industry in that way. I don't think you'll see a newscaster on the mainstream English channel wearing a hijab to be honest with you.

But I'd like to think that we will change that in time.

42

Beauty

BEAUTY BARGAINS A Written by Naira Ghanem

lthough we can't resist splurging out on high end products, paying a lower price doesn't always mean lower quality. Today I'm sharing with you some of my favourite bargain purchases for products I use daily. Some of these products are great duplicates for higher end ones, looking gorgeous and saving money at the same time.

43

Milani prime shield Face Primer Perfect to give a matte base as well as minimising the look of pores.

I’ve been using this for five months and have only ran out recently!

Definitely worth repurchasing. Apply it under your makeup to prevent it looking oily, and it will stay all day!

Perfect duplicate for: Smashbox Photo Finish Pore Minimizing Primer

44

MAYBELLINE FIT ME CONCEALER

I had to buy this one after reading so many amazing reviews on it! Its high coverage and creamy formulation is perfect, it comes in many suitable shades - I use shade 15.

Perfect duplicate for: NARS Creamy concealer

45

MAKEUP REVOLUTION eyeshadow pallette We usually tend to go all out on eyeshadows searching for the perfect pigment. I was so surprised when I tried out these Makeup Revolution eyeshadow palettes. The pigment is amazing and they stay all day long.

There is huge variation in their collection from subtle nudes and rose golds, to vibrant purples and pinks, all for such a low price! If you don't have these, you're honestly missing out!

Perfect duplicate for: Urban decay Naked eyeshadow palettes 1, 2 and 3.

46

Sleek matte me Birthday Suit Lipstick Now, I'm not usually a fan of matte lipsticks, but these Sleek ones have super light texture and don't crack! This shade in particular is super cute, and I use it for a simply every day look.

Perfect duplicate for: Kylie Lip Kit in Candy K

47

Do try out some of these products, most brands have one or two products that are very similar to high end ones. Don’t be afraid to experiment with other drug store brands, the list of bargain buys is super long, but these are just some of my favourites!

BEAUTY EDITOR: NAIRA GHANEM Hey I’m Naira, just an ordinary student with big dream! Whether its fashion, make up or daily life, join me on my journey. Whether big or small, we can take on the world, with a pretty face and a pretty heart.

48

Inspire

I Will Not Be BODY SHAMED Body shaming is cruel but sadly rampant in today’s society. Unfortunately no one is free from it’s clutches. From high profile celebrities, to a normal girl on the block, at one point or another, you would have experienced it in some way. I was once that girl and I am here to tell you my story...and how modest fashion saved me.

Written by Siti Nur Habibah Photos by MONO SG

49

Top: Model's own Skirt: Lia Pleated Skirt

by Luvnaf Shawl: Cakenis Shawl (Model's own) Necklace: Ambergem Necklace in Amethyst by Luvnaf

W

e all get the image – the one where young girls dream about modelling and being featured in magazines and even in fashion shows. Seeing them living their dreams and making a difference in their lives. Seeing them do that fills us with joy; however it is heart breaking to hear that some modelling agencies are setting up body requirements just to get noticed.

Let’s face it, some of these requirements may not be something some girls may be able to achieve. After all, not everyone is born tall and lean and a size zero. It kills me to know that thick and curvy girls like me don't stand a chance to flaunt our inner beauty on the runways. It is even more heart breaking to watch these girls 50

stow away their dreams in the ditch just because they could not meet the requirements. What’s worse, these girls get criticised and body shamed for their appearances.

I know how much it hurts. Ever since I was young, I would find myself glued to fashion magazines and fashion shows.

It has inspired me to dress up and be the best version of myself. I soon realise that most of their models are of the same size and height. Even TV advertisements boast products that makes one feel thin and ideal. Health magazines that I come across constantly offer tips about how to lose weight in a few days, appearing slimmer instantly as well as hiding my imperfections without actually knowing

anything about me, much less my appearance. I know it’s good to keep our bodies fit and healthy but it’s the fact too that I was born curvy. And no amount of dieting and exercise is going to change my body shape to a size zero. In fact, I love my body just the way it is.

Body shaming is demoralizing and it is everywhere now; from advertisements to sitcoms and even shown in movies!

Even the stand-up comedians frequently use overweight characters’ bodies as the basis of many of their jokes. It has truly become the norm to tease and criticize aspects of another’s body as some type of bonding experience with friends, which somehow makes them feel connected and united. Through my years of growing up, body shaming has made me a victim to a vicious cycle of judgment and criticism.

Body shaming perpetuates the idea of how people should be judged, mainly for their physical features. From criticizing our own appearance to criticizing other’s appearances. Most of the time, we compare our body to unrealistic expectations.

As I began to understand the concept and motive of modest fashion, I found myself resisting against body shaming and have embarked on a quest to portray myself positively. I was worried that I might be at risk of being a target of other people’s body shaming comments, 51

hence I surrounded myself with positive people who just refuse to comment negatively on another’s appearances.

They taught me to respect and accept every part of my body for what it is and its beauty.

For that reason, I decided to don on the hijab as Islam teaches me that a woman’s modesty is the greatest portrayal of beauty than society’s standards. Through this, it shows me the inner beauty of myself. I look up to Muslim influencers who show diversity in fashion balanced with our faith and beliefs.

Indeed, they proved to me that I don’t need to rock the size-zero-naked-chic look to be considered beautiful. And I’m so thankful that I turned towards modest fashion. Since then, I have been noticed by many modest clothing brands and have been accepted as a modest model.

I understand that there’s a constant notion that dressing modestly is about a religious mind-set, which is not exactly the case. It is about women making the choice to not put their bodies on display.

Yes, for us Muslims religion is the basis of why we dress this way. But modest fashion or dressing modestly for that matter is not confined to just Islam.

Many orthodox Jews and Christians follow that standard of dressing as well sans the hijab of course.

Choosing to dress modestly just requires a little bit of creativity especially with the humid weather here in Singapore.

Here, I’ll share some fashion tips for both the hijabis and non-hijabis to style modestly in Singapore. It is not difficult to plan outfits that suit the weather here.

Looser is cooler.

While many women in Singapore tend to reach for tighter and fitted clothing to suit them, I prefer to style with maxi skirts and loose tops that are easy and breezy. It is actually super flattering and comfy. Alternatively, a loose blouse can be worn with pants or jeans for your goto outfit!

52

Avoid the urge to layer.

I admit that there are so many clothes nowadays that are designed with short sleeves or even with no sleeves at all.

It is for everyone to stay cool with the warm weather here in Singapore. And for women who want to dress modestly, they often feel that they have to layer to cover up, causing them to overheat on warm days.

My advice is to pick apparels that do not require you to layer. For instant, a maxi dress can be worn with a light cardigan over or a t-shirt underneath.

Choose the right materials for the right weather.

Wearing lightweight and breathable materials during the hot and humid weather is a no-brainer. I stress to always opt for fabrics that allow your skin to breathe; for instance, cotton and jersey are the materials that I’d pick for hot weather. Try your best to avoid thick material like wool.

I must say that dressing modestly does not mean that your style has to be boring. You just have to believe in embracing the fashion and not the body. Modest fashionistas all around the world prove that we can be the fashion trendsetter and influence others to embark on this journey. This is the most gratifying experience to embrace fashion without being judged for our body image and society standards.

THE WRITER: SITI NUR HABIBAH Siti Nur Habibah, is a Singapore based blogger as well as a freelance modest model.

She is seen by many as a young influencer in Singapore. She spends most of her time with her family as a housewife, occasionally browsing through online shops and her social media. She’s a wife to Muhammad Irfan Shah and a Mummy to Siti Nur Syaqilah. Sitiology.WordPress.Com is a Beauty, Fashion and Lifestyle Blog that provides and shares outfit ideas & styles and as well as beauty & makeup tips.

53

Inspire

WHAT A

WORLD Written by Nada Alzalloum

What a world...

What a world where we can escape through fantasy and imagination, Where we can turn a blind eye and pretend we don’t see anything. It’s devastating.

But this is reality...

No Clark Kent or Lois Lane Superman isn’t going to come and save the little Muslim girl getting her hijab pulled off her face, Something she loves and cherishes and is a part of her faith.

You see...this isn’t Gotham City Batman isn’t going to stop every corrupt police officer and politician giving out beautiful African men pain

54

Wonder woman isn’t going to come and save our mothers getting harassed in public because they don’t know English names.

But you’ll be there...and I’ll be there and I pray we have the courage to stop injustice Because you see...

REAL HEROES DON’T WEAR CAPES Real heroes rise up in adversity and accept and empower cultural diversity Real heroes cry and laugh and feel pain Real heroes stand up and fight even if they don’t have muscular gains Real heroes are reading this with me Real heroes are raising children who will stand up to the classroom bully Real heroes treat my mama like she’s their mama too Real heroes respect and empower women Real heroes struggle to provide for their families REAL HEROES LOOK LIKE YOU REAL HEROES LOOK LIKE ME Real heroes love, and I pray that is what will all do in the face of racism, hate and bigotry.

ABOUT THE WRITER: NADA ALZALLOUM Hello! My name is Nada and I’m 23. I love poetry and I write to express my thoughts and opinions. I don’t tie myself to a specific culture or ethnic background as I like to be a ‘free bird’ and that’s why I chose my artist name to be ‘Ballindai Spî’ ‫ ﺑﺎ ﻨﺪەﻯ ﺳﭙﻰ‬which translates to ‘White Bird’ in Kurdish. I am as I am - a simple human just trying to make it through life.

55

Living

HEAVEN

SCENT NUHR HOME is a brand new home fragrance company based in the UK that specialises in Oud scented fragrance for the home. Launched in Ramadhan 2016, the brand instantly received rave reviews from customers and high profile influencers such as Nabiila Bee, Zukreat and Habiba Da Silva.

56

Mango & Oud Luxury Scented Candle

Rose & Oud Body Wash

Oud Majestic Perfume Fragrance

Oud Woods Luxury Scented Candle

57

Oud Woods Luxury Reed Diffuser

Oud Arabia Luxury Reed Diffuser

Candle Care Set Including Marble Plate

58

Pomegranate and Fig Luxury Scented Candle

I

nspired by her British Muslim and Indian background, Sahina Ibrahim, founder of NUHR Home, spent two years developing fragrances and candle recipes to develop a strong brand of high quality products that reflect both the East and the West.

NUHR Home provides a variety of home products from scented candles to diffusers to bath and body products.

Each item is carefully crafted not just with quality ingredients that go into the product but the elegant style of packaging as well.

The products are designed to be stylish and modern but with a traditional and

59

classic twist. The gold and marble look is inspired by the Luxury Marble Candle which is exclusive to NUHR Home. Made of original Carrera marble, this will make an instant statement in any home.

NUHR candles are designed with a unique blend of luxury waxes to achieve a strong scent around the room, burn slowly and efficiently to reduce wasted wax. All products are vegetarian, Vegan, Halal and Kosher. Perfect for your home or as a gift to a loved one.

Food

AFTERNOON TEA AT

THE DORCHESTER Written & Photos by The London Haloodie

A

s if there was ever an excuse for a good afternoon tea, it was Afternoon Tea Week a few months ago, I can’t express how lucky I feel to be part of an era where this is an actual thing!

One of my loveliest friends I have known for a very long time, ‘A’ is leaving London and moving to Canada with her amazing hubby! What better way to send of your friend of all those years than with an afternoon tea at my most favourite 60

place in London, The Dorchester.

I have to admit that this is my go-to for a guaranteed great afternoon tea experience, and when ‘A’ told me that she hadn’t been to The Dorchester for tea, it was decided that’s exactly what we would do.

As soon as you walk in, you’ll know what I mean, the flowers are gorgeous, the settings just...I have no words for this sight...

So elegant and regal, the view of The Promenade gets me every single time. Jaws on floor and drool down our faces, we were led to our table in the foyer of the hotel which is where the afternoon tea is set. As if it couldn’t get any better, the pianist started blaring out the nicest tunes.

While I waited for my friend, I decided to go visit the bar and have a nice little pre-tea mocktail and I was presented 61

with the best Virgin Mojito I have had, and let’s just say I’ve had a fair few in my life.

Once my friend arrived, we were both shown to our table. I had requested halal meat upon making the booking so it made me really happy when we were informed that everything that was prepared for us was halal and appropriate for us.

We each chose our teas, I went for my standard choice of Dragon Pearl Jasmine tea and ‘A’ went for The Dorchester blend.

We were made to wait a little but it only built up the excitement. Within a short time, our waiter came out with a tray with all the sandwiches and served us one of each – Smoked Salmon, Chicken Coronation, Egg Cress, Cucumber and Cheese and Hummus and Red Peppers.

62

I have to say, I don’t remember the sandwiches being this good from the last time but they blew me away all over again. They were all good in their own right but my favourite was the Chicken Coronation and Egg Cress - 2 very standard sandwich flavours but the chicken was so succulent and full of flavour, the chicken was not dry at all and I had to get a few more of them.

I am not a major fan of egg (which is a bit of a hindrance when I occasionally

have failed attempts at low carb diets!) but the Egg Cress sandwich was amazing! So creamy and so tasty, my attention was more on the flavour than on the fact that I don’t like egg - a huge achievement in my eyes! The breads were also great, so soft and felt like they were right out of the oven.

We chewed on these for a while, requesting more of our favourite ones (A’s fave was the Hummus and red 63

Pepper). In fact, we didn’t even have to request more sandwiches, our waiter was clearly telepathic and just came over with them and, well, it would have been rude to say no!

Next we were brought a bit of a surprise palate cleanser...Such a brilliant little treat - Strawberry Shortcake Mousse.

And it was beautiful. So creamy yet so light. It was only a few spoonfuls but as a palate cleanser it was enough.

Then our waiter brought it out and my heart almost skipped a beat. I knew what this meant, the moment I always wait for at every afternoon tea, it was finally happening - the scones! And out they came, along with the cakes and pastries.

the plain. It was one of the best scones I have had and I have had a fair few.

It was soft, not too crumbly and to top it off, the clotted cream was BEAUTIFUL!! *Insert heart emoji*

The French pastries were also great – First for the scones – for me, the scones Strawberry and Cream Pastry, Lemon are what make or break an afternoon tea. Sorbet, Chocolate and Almond We were presented with 2 types of fresh Macaroon. My favourite was the out of the oven scones - Raisin and Plain. Strawberry and Cream Pastry, so light, I hate raisins so it’s always going to be fresh and delicious!

64

While we were devouring the scones and sweets, I saw something from the corner of my eye that made my heart skip a beat for the second time...Apart from the fact that the cuteness of these little cones got me, they were super delish but so many flavours to choose from! I had a raspberry and mojito flavour which was just yum if you like a tangy flavour.

We were progressively getting stuffed (and jeans progressively tighter at this 65

point), so much so that I pretty much had to stuff the rest of my 3rd scone down my throat. Tough times.

Just then, out came the cake I had asked them to bring for A, only problem was it said “Happy Birthday” rather than my original message “It’s not Goodbye”. I don’t think A cared, she was just happy to see a cake, any cake.

Chocolate nonetheless! Our waiter was very apologetic and totally made up for the mix up by giving A a little gift to

take away with her - a cake that said “Bon Voyage”. How sweet!

And as if that wasn’t enough, you know I love pretty washrooms...

Overall, it was such a great afternoon.

I had a lovely time with A, but much more than that, everything about this afternoon very quickly made The Dorchester afternoon tea my favourite in London. What made it all the more special kicking Claridges off the top of the list was the service. Our waiter, Shaam was a delight. He was so accommodating and so pleasant to speak to.

So, here is the verdict...

66

Food - 8 out of 10 Service - 9 out of 10 Price - 7 out of 10 Atmosphere - 9 out of 10 Experience - 8 out of 10 Overall, giving Afternoon Tea at The Dorchester a total TLH score of 9 out of 10.

Address: 53 Park Lane, London, W1K 1QA Website: dorchestercollection.com Halal Status: Halal meat can be requested with 48 hours’ notice Closest Station: Marble Arch (Central Line) or Green Park (Jubilee, Victoria or Piccadilly Line

67

The Dorchester had some very exciting things this year – September brought in their flower afternoon tea and from 2428 October, the English National Ballet school teamed up with The Dorchester for the long awaited Sleeping Beauty Afternoon Tea! How exciting!

Lots of love, TLH

Food

Koshari Egyptian Rice and Lentils with Spicy Tomato Sauce.

This national dish of Egypt is a light, yet filling midweek solution. It includes a blend of soft lentils, rice, and macaroni pasta under a chili tomato sauce and fresh crispy onions. Traditionally put together by street vendors. Each ingredient is piled high onto plates into a tomato-onion flavor combination readily devoured by hungry patrons. What makes this recipe especially different is the homemade baharat spice blend dry roasted peppercorns, cloves, and onions all blend together and highlight the Indian roots of this dish.

Written by Bubblegum Hijab 68

Baharat Spice Blend Ingredients 1 tbs black peppercorns 1 tbs cumin seeds 2 tsp coriander seeds 1 tsp whole cloves 1/2 tsp cardamom seeds 1/2 tbs paprika 1 tsp ground cinnamon

Method 







69

Heat a small skillet over mediumhigh heat Dry roast the whole spices/seeds (set aside the paprika and cinnamon) until they become very fragrant, about 3-5 minutes, tossing regularly to prevent scorching.

Transfer them to a bowl and allow them to cool completely before grinding them in a spice or coffee grinder along with the paprika and cinnamon.

Keep stored in an airtight glass jar.

Ingredients

For the Sauce 1 small red onion, finely sliced 2 cloves garlic, finely minced

For the Rice & Lentil mix

2 tbsp olive oil

1/2 cup rice

salt to taste

1/2 cup brown lentils

2 tsp baharat spice blend

1/2 cups small macaroni

1 can tomato sauce

1/2 canned chickpeas

1 tsb tomato paste

2 tsp olive oil 1/2 tsp cumin 1 cups vegetable stock 1 bay leaf Salt to taste

70

Method For the Rice & Lentil mix  Wash rice and lentils separately until water runs clean.  Heat 2 tablespoons of olive oil in a medium saucepan over medium-high heat.  Add cumin until it starts popping, add rice and stir, add the vegetable stock.  Bring it to a boil, decrease the heat to low, cover and simmer for 15 minutes or until the rice is cooked.  Rinse the lentils under cold water and add them to another medium saucepan with 2 cups of water and salt to taste.  Reduce the heat to low, cover and simmer for 20-30 minutes or until the lentils are tender and strain any excess liquid if necessary and add to cooked rice.  Cook the macaroni in a separate pot according to package instructions until al dente.  Add the chickpea once macaroni is cooked.  Strain and add cooked rice and lentils.

For the Sauce  Heat the oil in a medium saucepan over medium-high heat and add the garlic until golden brown.  Add onions and cook until soft and translucent.  Add 2 tsp baharat spice and salt mix well.  Add the tomato sauce, and tomato paste bring it to a simmer  Reduce the heat to low, cover and simmer for 20 minutes, stirring occasionally.

71

Health

Written by Juliana Iskandar

I

t’s a brand new year and I’m sure you are there with a list of New Year’s resolutions in hand.

Whatever your resolutions are, I hope it all goes well for you and you manage to stick with them till the end of the year.

For me personally, I’ve given up on writing a list of New Year’s resolutions a long time ago.

It’ll take me till the middle of the year to realise that somehow, somewhere in February, all that was lost. It’s not that I’m lazy or undetermined. Trust me, I’m far from that. It’s just that I’ve let the grind of daily life, work and stress get the better of me and let my resolutions slipped. Plus I’ve set such a high standard for these resolutions that it was 72

a lost cause to start with. Side tip, if you are in the habit of having New Year’s resolutions, be sure to keep them simple cos making them unrealistic will cause you to slip up like me.

Back to this. I’m not in the habit of writing pieces for the issues – the only piece you ever see me writing is my Editor’s note - but this time I figured, if I’m facing this problem, I’m sure many of you out there are as well. And I am here to share. Let’s try to make this out together, shall we?

The problem I’m referring to here is staying positive when everything seems bleak. Yes yes, I know that this is the Health section but mental and emotional

health is health and well-being as well.

Whilst we have gyms and exercise to keep our body in tip-top shape, what ‘exercise’ do we have to keep our emotions in check?

With the turning of the new year, I’ve vowed to stay positive no matter what life throws at me. And whilst prayers are a big help, what else can we do to stay positive? How do we train our minds to stay positive?

One, express gratitude.

If you’ve read our blog on our website (and if you haven’t, go read it now), you would have read my list of 11 things I was grateful for. I did this just before the new year and to replace the useless list of resolutions I used to make. This list was made up of everything, a total look back on the year.

But we’re talking about training the mind here. So a good habit to pick up is at the end of every day, after you get back from work or school, just before going to bed, list everything that happened in that day that you are grateful for. Train the mind to focus on the good, not the bad.

We, as humans, are so used to looking at the bad. In fact, I’m sure that just like me, you’ve read many self-help books that encourage you do just that – to reflect on the things that didn’t go your way and to work on how you could 73

have done things better. Yes, that is a good thing, no doubt. But imagine doing this each and every day and losing sight on the actual good things. Whilst reflecting on the mistakes is good in a business sense, it won’t be good for your soul. So let us start by saying Alhamdullilah or I’m grateful for… [fill in the blanks].

Two, challenge negative thoughts.

The little voice, or as I like to call it, the noisy chimp in the head, will start going off on you. “You’re not good enough”, “You could have done that better”, “What makes you think you’re going to achieve that goal”, or my personal favourite, “You have so much to do! You’re not going to make it”… oh the comments are endless. Have you been there?

My good friend Shuhada Alauddin, a behavioral analysis and founder of MYRYL (you would know her as our business writer), taught me to visualize a good memory whenever your anxiety or the chimp kicks in. This memory can be anything as long as it is a good one.

Mine was sitting on the porch of my grandma’s old house. The house is no longer there but the memory still is. And whenever I close my eyes and imagine it, I am transported back there.

74

So first I shut out the voices by visualizing my happy thoughts. Once in a happy place, I can then be in a better frame of mind to work out how to do things better.

Three, surround yourself with positivity.

This can be thoughts, just like the one mentioned before, or it can be people.

The company you keep is very important. Human beings give off energy. So if you are surrounded by nothing but negative energy, that negativity will seep into you. What you want to do is to surround yourself with positive energy. Ok, we don’t live in a perfect world and not everyone is going to stop complaining altogether.

Heck, I complain sometimes. There is nothing wrong with blowing off some steam. But be sure to blow off some steam with people who are supportive, who are positive and who can get you back on track. Thankfully I have friends who are just like that – hello friends!

I hope that these 3 simple steps will help you to strengthen the mind and stay positive for the rest of 2017. Last year was rather depressing, so let’s hope and pray for a better tomorrow. If you’ve found this helpful, drop me a line. I’d love to hear from you. Maybe we can start a support group together.

75

Work

Islamic Finance Playing it safe

Written by Kapital Boost

I

slamic finance has been in the spotlight following the Global Financial Crisis of 2008. And for good reason. The market weakness revealed that shariah-compliant financial products were generally less risky to their conventional peers and therefore tend to outperform in a downturn.

Looking deeper into this trend, we see it is mainly driven by the adoption of Islamic principles which advocates transparency, fairness and - a limitation on the use of debt which also reduces insolvency issues in Shariah-compliant banks and corporates. Apart from these, Islamic finance tends to benefit society through the encouragement of risk sharing and community assistance.

76

Risk sharing does not mean high-risk While Islamic finance encourages increased risk sharing between borrowers and investors, there has been a lower percentage of insolvency by Sharia-compliant banks or corporates during the Global Financial Crisis versus their conventional peers.

Several factors drive this. Shariahcompliant business are less leveraged and limited on how much debt they can take. They are less engaged in speculative activities. They focus on businesses with direct economic contribution. And lastly, Islam is strict about not paying back debt.

Restrictions bring stability While it is well known that the Sharia prohibits usury (riba), there are a few other less known prohibitions which has defined Islamic finance. Among them is uncertainty (gharar). A transaction where the buyer knows not what is being sold to him is regarded as haram or prohibited. Thus, financial products have to be clear in their offerings.

Speculation (maysir) is another prohibition. Investors are not allowed to invest in a product which bears a random probabilistic outcome that is not attributable to a cause.

Islam also disallows investments in prohibited industries such as those relating to gambling, alcohol and arms manufacturing. While one may argue that these restrictions result in less diversity and innovation in Islamic finance, products which have been engineered to comply with Sharia have shown a stronger degree of stability than conventional financial products.

Evidence during the subprime crisis During the Global Financial Crisis, Islamic-compliant stocks were able to deliver higher returns per unit risk as compared to conventional ones. A study published in the Research Journal of Finance and Accounting found that 77

sharia-compliant equities in the GCC financial markets outperformed conventional ones in average returns during the Crisis. In terms of volatility, the same do not outperform conventional ones.

A similar trend was seen in the performance of Islamic bonds (sukuk).

During the Global Financial Crisis, global sukuk growth in issuances were severely dampened, declining by more than 50% towards the end of 2008.

While sukuk saw a fall in issuances during the crisis, sukuk saw a surge in demand following the crisis, owing to the fact that sukuk products appear to be less affected by the crisis than conventional debt instruments such as bonds. In addition, according to research carried out at Tilburg University, it was found that there was “robust evidence that the hazard rate on Islamic loans is less than half the hazard rate on conventional loans�.

The same research found empirical evidence that owing to their religious beliefs, borrowers of Islamic loans are more likely to go out of the way to prevent a default in payments. This is positive news for investors in Islamic financial products.

What is Islamic finance?

Islamic finance is a subset of the Islamic (Sharia) law. It is by no means limited to Muslims only. The focus is on applying universally-accepted values and ethics, such as fairness, into finance for the betterment of society.

Transparency is a key principle in Islamic finance. The Qur’an decrees that one should maximize benefits, reduce doubts and prevent dishonesty in the following verse: “And give full measure when you measure, and weigh with a straight balance. That is fair, and better at the end.” (17:35).

It is widely recognised that past financial crises were in some part due to a lack of transparency in the financial system, 78

often resulting in asset bubbles. In fact, US politician Jack Reed mentioned the following on the 2008 Subprime crisis, “The financial crisis is a stark reminder that transparency and disclosure are essential in today's marketplace.”

Finally, Islamic finance aims to contribute directly to the economic activities as Islam prohibits making money out of money without providing any degree of net benefit to the world.

However, the hoarding of wealth is discouraged in Islam as well. Thus, it is better to donate money to a charitable cause or invest it such that it would lead to productive activities within the economy. It is better to channel underutilized funds to activities that benefit society.

Boosting transparency At Kapital Boost, we take Shariacompliance very seriously. We believe doing so results in a positive sum game for investors, businesses and intermediaries. As unnecessary risks are reduced, investors are better off and more inclined to participate in the financial markets. This increases the availability of funds for businesses while eventually resulting in lower financing costs. As businesses grow, employment rises therefore creating jobs and improving lives.

Kapital Boost prides itself in transparency. We reduce risks by adopting a strong disclosure policy, in line with Sharia requirements. We carry out thorough due diligence and avoid all forms of speculative investments and unreasonable uncertainties.

Our stringent requirements and significant degree of self-regulation are designed to protect investors and businesses so as to maximize net utility in society. These are done with the intention of growing the smaller players in the community – be it businesses or investors.

79

Always with you wherever you go.

Get GAYA MAGAZINE on your iPhone, iPad, Android or Tablet.

Download & Subscribe FREE today!