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Halal market refers to a market segment that focuses on goods and services that are permissible according to Islamic Law, or Sharia. Halal is an Arabic terms that means “permissible” and is often used with reference to food and beverages.
The halal market extends beyond food to encompass various industries, including finance, cosmetics, fashion, tourism, pharmaceuticals and more.
Halal market has seen significant growth in recent years, driven by increasing global Muslim populations and a growing awareness of halal products among non-Muslim consumers.
ENHANCE CREDIBILITY AND REPUTATION
Halal products and services assure consumers that the products and services comply with Islamic principles and guidelines and this assurance enhances the credibility and importance of the business thereby increasing consumer trust and loyalty.
CROSS SECTOR COLLABORATION
Create a cross-sector collaboration with other businesses and organizations, domestically and internationally in the halal market, that will create new opportunities for economic growth and expansions.
INNOVATION
Leverage on potential innovation created due to the growing demand in the halal market through a large consumer base in Japan and Malaysia and the world.
Halal market refers to a market segment that focuses on goods and services that are permissible according to Islamic Law, or Sharia. Halal is an Arabic terms that means “permissible” and is often used with reference to food and beverages.
The halal market extends beyond food to encompass various industries, including finance, cosmetics, fashion, tourism, pharmaceuticals and more.
Halal market has seen significant growth in recent years, driven by increasing global Muslim populations and a growing awareness of halal products among non-Muslim consumers.
