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{{Short description|Malaysian marketing platform}}
{{multiple issues|{{confusing|date=December 2015}}
{{notability|Companies|date=December 2015}}
{{notability|Companies|date=December 2015}}
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{{orphan|date=December 2015}}
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{{Use dmy dates|date=March 2016}}
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| native_name_lang =
| native_name_lang =
| former_name =
| former_name =
| logo =
| logo = Zilzar logo.jpg
| logo_size =
| logo_size =
| logo_alt =
| logo_alt =
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| type = Business to Business (B2B)
| type = Business to Business (B2B)
| founded = 2014
| founded = 2014
| founder = Rushdi Siddiqui
| hq_location =
| hq_location =
| hq_location_city = Kuala Lumpur
| hq_location_city = Kuala Lumpur
| hq_location_country = Malaysia
| hq_location_country = Malaysia
| area_served = Worldwide
| area_served = Worldwide
| key_people =Rushdi Siddiqui (CEO), Dato Vaseehar (Chairman), Amit Sinha (CTO)
| key_people = Dato Vaseehar (Chairman)
| industry = Muslim Marketplace
| industry = Muslim Marketplace
| products =
| products =
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}}
}}


⚫
'''Zilzar''' (Arabic''':''' زلزار) is a privately held, online [[marketing]] platform headquartered in Malaysia, specifically catering to [[Muslim]] [[Consumer|consumers]] seeking [[halal]] products and services. The company positions itself as a global Muslim [[Lifestyle (sociology)|lifestyle]] [[Online marketplace|marketplace]] where consumers can access information, content, community and trade. This [[e-commerce]] platform was launched in 2014 by [[Prime Minister of Malaysia|Malaysian Prime Minister]], [[Najib Razak|Dato Sri Muhamad Najib Tun Razak]] in the 10th World Islamic Economic Forum in [[Dubai]].<ref>{{Cite web|url =http://www.nst.com.my/news/2015/09/pm-najib-launches-worlds-first-global-muslim-lifestyle-business-website-zilzarcom/|title = PM Najib launches World's first global Muslim lifestyle business website, Zilzar.com|date = 29 October 2014 |last = Abass|first = Abas}}</ref> The site was described as a way of empowering the consumer and creating employment for Muslims in emerging markets by the country's prime minister.<ref>{{Cite web|url=https://www.theguardian.com/world/2014/oct/31/zilzar-com-islamic-answer-amazon-halal-products-services|title=Say hello to Zilzar.com, the Islamic answer to Amazon|last=Howard|first=Emma|website=www.theguardian.com|publisher=The Guardian|access-date=10 January 2017}}</ref> The business describes its aim as connecting Muslim consumers and making it easier for halal traders around the world to conduct business online.<ref>{{Cite web|url =http://www.themalaysianinsider.com/business/article/zilzar-can-be-muslims-alibaba-says-najib-at-10th-weif|title = Zilzar can be Muslims’ Alibaba, says Najib at 10th WEIF |date = 29 October 2014}}</ref> The platform handles content regarding Islamic societies and products that deals with the compliance of the Islamic [[Sharia]] law.<ref>{{Cite web|url=http://www.wamda.com/2015/01/meet-zilzar-islamic-world-answer-amazon|title=Meet Zilzar, the Islamic world's answer to Amazon|last=Ayad|first=Safar|date=5 January 2015}}</ref>
== Background ==

⚫
'''Zilzar''' (Arabic''':''' زلزال) is an online [[marketing]] platform headquartered in Malaysia, specifically catering to [[Muslim]] [[Consumer|consumers]] seeking [[halal]] products and services. The company positions itself as a global Muslim [[Lifestyle (sociology)|lifestyle]] [[Online marketplace|marketplace]] where consumers can access information, content, community and trade. This [[e-commerce]] platform was launched in 2014 by [[Prime Minister of Malaysia|Malaysian Prime Minister]], [[Najib Razak|Dato Sri Muhamad Najib Tun Razak]] in the 10th World Islamic Economic Forum in [[Dubai]].<ref>{{Cite web|url =http://www.nst.com.my/news/2015/09/pm-najib-launches-worlds-first-global-muslim-lifestyle-business-website-zilzarcom/|title = PM Najib launches World's first global Muslim lifestyle business website, Zilzar.com|date = 29 October 2014 |accessdate = |website = |publisher = |last = Abass|first = Abas}}</ref> The site was described as a way of empowering the consumer and creating employment for Muslims in emerging markets by the country's prime minister.<ref>{{Cite web|url=https://www.theguardian.com/world/2014/oct/31/zilzar-com-islamic-answer-amazon-halal-products-services|title=Say hello to Zilzar.com, the Islamic answer to Amazon|last=Howard|first=Emma|date=|website=www.theguardian.com|publisher=The Guardian|access-date=10 January 2017}}</ref> The business describes it's aim as connecting Muslim consumers and making it easier for halal traders around the world to conduct business online.<ref>{{Cite web|url =http://www.themalaysianinsider.com/business/article/zilzar-can-be-muslims-alibaba-says-najib-at-10th-weif|title = Zilzar can be Muslims’ Alibaba, says Najib at 10th WEIF |date = 29 October 2014|accessdate = |website = |publisher = |last = |first = }}</ref> The platform handles content regarding Islamic societies and products that deals with the compliance of the Islamic [[Sharia]] law.<ref>{{Cite web|url=http://www.wamda.com/2015/01/meet-zilzar-islamic-world-answer-amazon|title=Meet Zilzar, the Islamic world's answer to Amazon|last=Ayad|first=Safar|date=5 January 2015|website=|publisher=|accessdate=}}</ref>


== Founding ==
==History ==


Zilzar was founded by Islamic businessman Rushdi Siddiqui, former Global Head of Islamic Finance & [[Organisation of Islamic Cooperation|OIC Countries]] for [[Thomson Reuters]].<ref>{{Cite web|url = http://www.giff.com.my/?speakers=rushdi-siddiqui|title = Global Leader/Head Islamic Economy & Senior Partner at Dinar Standard |date = |accessdate = |website = |publisher = |last = |first = }}</ref> Rushdi also served as a Global Director for the [[Dow Jones Islamic Market Index|Dow Jones Islamic Market Indices]].<ref>{{Cite web|title = Rushdi Siddiqui: Executive Profile & Biography - Businessweek|url = http://www.bloomberg.com/Research/stocks/private/person.asp?personId=82410685&privcapId=234742394&previousCapId=1063882&previousTitle=Savage%2520Holdings|website = Businessweek.com|accessdate = 16 December 2015}}</ref> Siddiqui is a co-founder of Shekra, an Islamic crowd funding site, and a member of the Board of Advisors for Crescenrating, a Singapore-based, Muslim travel company.<ref>{{Cite web|title = » Mr. Siddiqui|url = http://2015.muslimworldbiz.com/media/media-release/mr-siddiqui/|website = 2015.muslimworldbiz.com|accessdate = 16 December 2015}}</ref> Founder Rushdi is quoted by the [[The Wall Street Journal|Wall Street Journa]]<nowiki/>l as saying "It is our hope and belief that Zilzar and our colleagues will do for the halal industry market what [[Alibaba Group|Alibaba]] did for China."<ref>{{Cite news|url=http://blogs.wsj.com/digits/2016/02/17/new-e-commerce-sites-specialize-in-halal-products-for-muslims/|title=New E-Commerce Sites Specialize in Halal Products for Muslims|last=Ngui|first=Yantoultra|date=Feb 17, 2016|work=Wall Street Journal|access-date=10 January 2017|via=}}</ref>
Zilzar was founded by Islamic businessman Rushdi Siddiqui, former Global Head of Islamic Finance & [[Organisation of Islamic Cooperation|OIC Countries]] for [[Thomson Reuters]].<ref>{{Cite web|url = http://www.giff.com.my/?speakers=rushdi-siddiqui|title = Global Leader/Head Islamic Economy & Senior Partner at Dinar Standard }}</ref> Rushdi also served as a Global Director for the [[Dow Jones Islamic Market Index|Dow Jones Islamic Market Indices]].<ref>{{Cite web|title = Rushdi Siddiqui: Executive Profile & Biography - Businessweek|url = https://www.bloomberg.com/Research/stocks/private/person.asp?personId=82410685&privcapId=234742394&previousCapId=1063882&previousTitle=Savage%2520Holdings|website = Businessweek.com|access-date = 16 December 2015}}</ref> Siddiqui is a co-founder of Shekra, an Islamic crowd funding site, and a member of the Board of Advisors for Crescenrating, a Singapore-based, Muslim travel company.<ref>{{Cite web|title = » Mr. Siddiqui|url = http://2015.muslimworldbiz.com/media/media-release/mr-siddiqui/|website = 2015.muslimworldbiz.com|access-date = 16 December 2015}}</ref> Founder Rushdi is quoted by the [[The Wall Street Journal|Wall Street Journal]] as saying "It is our hope and belief that Zilzar and our colleagues will do for the halal industry market what [[Alibaba Group|Alibaba]] did for China."<ref>{{Cite news|url=https://blogs.wsj.com/digits/2016/02/17/new-e-commerce-sites-specialize-in-halal-products-for-muslims/|title=New E-Commerce Sites Specialize in Halal Products for Muslims|last=Ngui|first=Yantoultra|date=Feb 17, 2016|work=Wall Street Journal|access-date=10 January 2017}}</ref>


== Products and Services ==
== Products and Services ==


The [[business-to-business]] and [[Retail|business-to-consumer]] platform offers eight branches of products and services to its customer: halal food and beverage; Islamic Finance; clothing and fashion; media and recreation; travel and tourism; pharmaceutical; cosmetics and logistics, based on 2012 reports.<ref>{{Cite web|url = http://www.tradearabia.com/news/RET_268611.html |title = Zilzar, a Muslim lifestyle marketplace is unveiled |date = 30 October 2014 |accessdate = |website = |publisher = |last = |first = }}</ref> Consumers on Zilzar can trade products from [[prayer beads]] and electronic [[Quran|Qu’rans]] to [[hijab]]s and films. All its sellers and products are verified by certification bodies around the world.<!-- The citation wandered away. Needs replacing or this may need to be removed -->
The [[business-to-business]] and [[Retail|business-to-consumer]] platform offers several branches of products and services. According to an Investvine interview with Siddiqui, the core product groups are: electronics; food and beverages; health and beauty; machinery, industrial parts and tools; fashion, textiles and accessories; and gifts, sports and toys.<ref name=":0">{{Cite news|url=http://investvine.com/zilzar-the-worlds-digital-muslim-marketplace/|title=Zilzar: The world’s digital Muslim marketplace|last=Calderon|first=Justin|date=2015-09-28|newspaper=Investvine|language=en-US|access-date=2017-01-15}}</ref>


== Operations ==
== Operations ==


The e-commerce platform has presence in 57 Muslim countries.<ref>{{Cite web|url = http://www.ssig.gov.my/blog/2014/11/14/zilzar-com-aims-to-boost-presence-in-more-countries/|title = Zilzar.Com Aims To Boost Presence In More Countries |date = 14 November 2014 |accessdate = |website = |publisher = |last = Ebrahim |first = Nuramalina}}</ref> Zilzar was reported as operating with over 12,000 vendors in 2015.<ref>{{Cite news|url=http://www.salaamgateway.com/en/digital/story/zilzar_chasing_alibaba-salam04092015105123/|title=Zilzar chasing Alibaba|access-date=2017-01-15}}</ref> Vendors supply to the site from numerous countries, namely: [[China]]; [[Malaysia]]; [[Indonesia]]; [[Singapore]]; [[Thailand]]; the [[United States|US]]; [[India]]; [[South Africa]]; the [[United Kingdom|UK]]; and the [[Philippines]].<ref>{{Cite web|url = http://investvine.com/zilzar-the-worlds-digital-muslim-marketplace/|title = Zilzar: The World’s Digital Muslim Marketplace |date = 28 September 2015 |accessdate = |website = |publisher = |last = Calderon |first = Justin}}</ref> The company partners with [[MasterCard]]<ref>{{Cite news|url=https://www.finextra.com/pressarticle/57378/mastercard-partners-with-zilzar-muslim-lifestyle-marketplace-platform|title=MasterCard partners with Zilzar Muslim lifestyle marketplace platform|last=Finextra|date=2014-10-29|newspaper=Finextra Research|access-date=2017-01-15}}</ref> on payment services. Other business partners include [[Hong Leong Bank|Hong Leong Islamic Bank Berhad]] (HLIB), [[International Centre for Education in Islamic Finance]] (INCEIF), Halal Development Corporation (HDC), and Crescentrating.<ref>{{Cite news|url=http://halalfocus.net/malaysia-zilzar-com-goes-live/|title=Malaysia: Zilzar.com goes LIVE|date=2014-10-29|newspaper=halalfocus.net|language=en-US|access-date=2017-01-15}}</ref>
The e-commerce platform aimed to have presence in 57 Muslim countries.<ref>{{Cite web|url = http://www.ssig.gov.my/blog/2014/11/14/zilzar-com-aims-to-boost-presence-in-more-countries/|title = Zilzar.Com Aims To Boost Presence In More Countries |date = 14 November 2014 |last = Ebrahim |first = Nuramalina}}</ref> Zilzar was reported as operating with over 12,000 vendors in 2015.<ref>{{Cite news|url=http://www.salaamgateway.com/en/digital/story/zilzar_chasing_alibaba-salam04092015105123/|title=Zilzar chasing Alibaba|access-date=2017-01-15}}</ref> Vendors supply to the site from numerous countries, namely: [[China]]; [[Malaysia]]; [[Indonesia]]; [[Singapore]]; [[Thailand]]; the [[United States|US]]; [[India]]; [[South Africa]]; the [[United Kingdom|UK]]; and the [[Philippines]].<ref name=":0" /> The company partners with [[MasterCard]] as a payment gateway partner<ref>{{Cite news|url=https://www.salaamgateway.com/story/malaysias-b2b-halal-e-commerce-platforms-daganghalal-zilzar-aladdinstreet-where-are-they-now|title=Malaysia’s B2B halal e-commerce platforms DagangHalal, Zilzar, AladdinStreet: Where are they now?|last=Salaam Gateway|date=2018-08-06|newspaper=Finextra Research|access-date=2017-01-15}}</ref><ref>{{Cite web|url=http://www.tradearabia.com/news/RET_268611.html|title=Zilzar, a Muslim lifestyle marketplace is unveiled|website=www.tradearabia.com|access-date=2017-01-15}}</ref> on payment services. Other business partners include [[Hong Leong Bank|Hong Leong Islamic Bank Berhad]] (HLIB), [[International Centre for Education in Islamic Finance]] (INCEIF), Halal Development Corporation (HDC), and Crescentrating.<ref>{{Cite news|url=http://halalfocus.net/malaysia-zilzar-com-goes-live/|title=Malaysia: Zilzar.com goes LIVE|date=2014-10-29|newspaper=halalfocus.net|language=en-US|access-date=2017-01-15}}</ref>


=== Halal Certification ===
=== Halal Certification ===
See also: [[Halal]]
See also: [[Halal]]


The CEO, Rushdi Siddiqui, is reported as commenting on the lack of a global halal standard, calling it "a patchwork of regulations." As no single organization oversees global halal standards, Halal terms may be defined in slightly different ways by different certifying organizations. This lack of consensus creates challenges for a company in the halal e-commerce marketplace. <ref>{{Cite news|url=http://investvine.com/zilzar-the-worlds-digital-muslim-marketplace/|title=Zilzar: The world’s digital Muslim marketplace|last=Calderon|first=Justin|date=2015-09-28|newspaper=Investvine|language=en-US|access-date=2017-01-15}}</ref><ref>{{Citation|title=Should Halal certification be regulated?|date=2014-10-27|url=http://www.abc.net.au/radionational/programs/bushtelegraph/halal/5843904|language=en-AU|accessdate=2017-01-15}}</ref>
Rushdi Siddiqui, is reported as commenting on the lack of a global halal standard, calling it "a patchwork of regulations." As no single organization oversees global halal standards, interpretation of halal terms may differ between certifying organizations. This lack of consensus creates challenges for a company in the halal e-commerce marketplace. Zilzar's approach is described as being one of vetting and monitoring, where the supplier must provide the product certification to the marketplace, and the consumer may request the certification when viewing the product.<ref>{{Citation|title=Should Halal certification be regulated?|date=2014-10-27|url=http://www.abc.net.au/radionational/programs/bushtelegraph/halal/5843904|language=en-AU|access-date=2017-01-15}}</ref><ref>{{Cite news|url=https://www.forbes.com/forbes/2007/0416/082.html|title=Meeting the Halal Test|last=Gatsiounis|first=Carla Power and Ioannis|date=2007-03-30|newspaper=Forbes|access-date=2017-01-15}}</ref><ref>{{Cite news|url=http://investvine.com/zilzar-the-worlds-digital-muslim-marketplace/|title=Zilzar: The world’s digital Muslim marketplace|last=Calderon|first=Justin|date=2015-09-28|newspaper=Investvine|language=en-US|access-date=2017-01-15}}</ref>


== See also ==
== See also ==
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== External links ==
== External links ==
* [http://thomsonreuters.com/en/press-releases/2015/september/thomson-reuters-digital-islamic-economy-report.html Thomson Reuters Digital Islamic Economy Report, 2015], at [http://thomsonreuters.com/en.html Thomson Reuters]
* [http://thomsonreuters.com/en/press-releases/2015/september/thomson-reuters-digital-islamic-economy-report.html Thomson Reuters Digital Islamic Economy Report, 2015], at [http://thomsonreuters.com/en.html Thomson Reuters]
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*[https://www.forbes.com/sites/bensimpfendorfer/2015/04/17/muslim-consumers-and-digital-gummies/#437c966432d8 The Next 1.7 Billion Consumers; Selling To The Muslim World], at [https://www.forbes.com/ Forbes]


⚫
*[http://www.forbes.com/sites/bensimpfendorfer/2015/04/17/muslim-consumers-and-digital-gummies/#437c966432d8 The Next 1.7 Billion Consumers; Selling To The Muslim World], at [http://www.forbes.com/ Forbes]
[[Category:Companies based in Kuala Lumpur]]
[[Category:Companies based in Kuala Lumpur]]
[[Category:2014 establishments in Malaysia]]
[[Category:2014 establishments in Malaysia]]
[[Category:Companies established in 2014]]
[[Category:Retail companies established in 2014]]
[[Category:E-commerce]]
[[Category:Internet properties established in 2014]]
[[Category:Online retailers of Malaysia]]

Latest revision as of 04:51, 20 December 2023

Zilzar Tech Sdn Bhd
Company typeBusiness to Business (B2B)
IndustryMuslim Marketplace
Founded2014
Headquarters
Kuala Lumpur
,
Malaysia
Area served
Worldwide
Key people
Dato Vaseehar (Chairman)
Websitewww.zilzar.com

Zilzar (Arabic: زلزار) is a privately held, online marketing platform headquartered in Malaysia, specifically catering to Muslim consumers seeking halal products and services. The company positions itself as a global Muslim lifestyle marketplace where consumers can access information, content, community and trade. This e-commerce platform was launched in 2014 by Malaysian Prime Minister, Dato Sri Muhamad Najib Tun Razak in the 10th World Islamic Economic Forum in Dubai.[1] The site was described as a way of empowering the consumer and creating employment for Muslims in emerging markets by the country's prime minister.[2] The business describes its aim as connecting Muslim consumers and making it easier for halal traders around the world to conduct business online.[3] The platform handles content regarding Islamic societies and products that deals with the compliance of the Islamic Sharia law.[4]

History

[edit]

Zilzar was founded by Islamic businessman Rushdi Siddiqui, former Global Head of Islamic Finance & OIC Countries for Thomson Reuters.[5] Rushdi also served as a Global Director for the Dow Jones Islamic Market Indices.[6] Siddiqui is a co-founder of Shekra, an Islamic crowd funding site, and a member of the Board of Advisors for Crescenrating, a Singapore-based, Muslim travel company.[7] Founder Rushdi is quoted by the Wall Street Journal as saying "It is our hope and belief that Zilzar and our colleagues will do for the halal industry market what Alibaba did for China."[8]

Products and Services

[edit]

The business-to-business and business-to-consumer platform offers several branches of products and services. According to an Investvine interview with Siddiqui, the core product groups are: electronics; food and beverages; health and beauty; machinery, industrial parts and tools; fashion, textiles and accessories; and gifts, sports and toys.[9]

Operations

[edit]

The e-commerce platform aimed to have presence in 57 Muslim countries.[10] Zilzar was reported as operating with over 12,000 vendors in 2015.[11] Vendors supply to the site from numerous countries, namely: China; Malaysia; Indonesia; Singapore; Thailand; the US; India; South Africa; the UK; and the Philippines.[9] The company partners with MasterCard as a payment gateway partner[12][13] on payment services. Other business partners include Hong Leong Islamic Bank Berhad (HLIB), International Centre for Education in Islamic Finance (INCEIF), Halal Development Corporation (HDC), and Crescentrating.[14]

Halal Certification

[edit]

See also: Halal

Rushdi Siddiqui, is reported as commenting on the lack of a global halal standard, calling it "a patchwork of regulations." As no single organization oversees global halal standards, interpretation of halal terms may differ between certifying organizations. This lack of consensus creates challenges for a company in the halal e-commerce marketplace. Zilzar's approach is described as being one of vetting and monitoring, where the supplier must provide the product certification to the marketplace, and the consumer may request the certification when viewing the product.[15][16][17]

See also

[edit]

References

[edit]
  1. ^ Abass, Abas (29 October 2014). "PM Najib launches World's first global Muslim lifestyle business website, Zilzar.com".
  2. ^ Howard, Emma. "Say hello to Zilzar.com, the Islamic answer to Amazon". www.theguardian.com. The Guardian. Retrieved 10 January 2017.
  3. ^ "Zilzar can be Muslims' Alibaba, says Najib at 10th WEIF". 29 October 2014.
  4. ^ Ayad, Safar (5 January 2015). "Meet Zilzar, the Islamic world's answer to Amazon".
  5. ^ "Global Leader/Head Islamic Economy & Senior Partner at Dinar Standard".
  6. ^ "Rushdi Siddiqui: Executive Profile & Biography - Businessweek". Businessweek.com. Retrieved 16 December 2015.
  7. ^ "» Mr. Siddiqui". 2015.muslimworldbiz.com. Retrieved 16 December 2015.
  8. ^ Ngui, Yantoultra (17 February 2016). "New E-Commerce Sites Specialize in Halal Products for Muslims". Wall Street Journal. Retrieved 10 January 2017.
  9. ^ a b Calderon, Justin (28 September 2015). "Zilzar: The world's digital Muslim marketplace". Investvine. Retrieved 15 January 2017.
  10. ^ Ebrahim, Nuramalina (14 November 2014). "Zilzar.Com Aims To Boost Presence In More Countries".
  11. ^ "Zilzar chasing Alibaba". Retrieved 15 January 2017.
  12. ^ Salaam Gateway (6 August 2018). "Malaysia's B2B halal e-commerce platforms DagangHalal, Zilzar, AladdinStreet: Where are they now?". Finextra Research. Retrieved 15 January 2017.
  13. ^ "Zilzar, a Muslim lifestyle marketplace is unveiled". www.tradearabia.com. Retrieved 15 January 2017.
  14. ^ "Malaysia: Zilzar.com goes LIVE". halalfocus.net. 29 October 2014. Retrieved 15 January 2017.
  15. ^ Should Halal certification be regulated?, 27 October 2014, retrieved 15 January 2017
  16. ^ Gatsiounis, Carla Power and Ioannis (30 March 2007). "Meeting the Halal Test". Forbes. Retrieved 15 January 2017.
  17. ^ Calderon, Justin (28 September 2015). "Zilzar: The world's digital Muslim marketplace". Investvine. Retrieved 15 January 2017.
[edit]
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