Tag Archive | "Global Halal Industry"

World Business: The Huge business of Halal


World Business: In Islam, the word HALAL stands for all that is permitted under Islamic Shariah law and estimates suggest around 70 percent of the worlds 1.5 billion Muslims in 148 countries follow Halal food standards. But food is not the only product where the halal label gets the tills ringing these days.

HALAL is the next global market force. Global Halal Industry was worth US$ 500 billion in 2005. Mostly this market is still dominated by non-Muslim countries. Leading food centers are switching to embrace the Halal process. Halal - stringent process guarantees better quality. Shifting global demand in favour of Halal. Halal food is safe for all, because it’s natural, organic, healthy and environmentally friendly. A global strategy will make a difference. One unified HALAL market to build consumer confidence.

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