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Showing posts from July, 2023

Islamic Banking and its Impact on the Halal Industry: A Clear Overview

  Image by :Nkobs|| Islamic banking has been gaining popularity in recent years as an alternative to traditional banking systems. It is a form of banking that adheres to Islamic guidelines and principles, which are based on the teachings of the Quran and the Hadith. Islamic banking operates on the principles of profit and loss sharing, risk-sharing, and avoiding interest-based transactions. The Halal industry, which includes food, cosmetics, and pharmaceuticals, is also growing rapidly. Halal products are those that are permissible under Islamic law, and the industry is based on the principles of ethical and sustainable practices. Islamic banking and the Halal industry have a close relationship, as both are based on Islamic principles and share the same values of ethical and sustainable practices. This article aims to provide an introduction to Islamic banking and its impact on the Halal industry. It will explore the principles of Islamic banking, the differences between Islami...

Halal Meat: Understanding the Guidelines and Benefits

  Photo Credit: BBC . Halal meat is a term that many people have heard of, but not everyone understands what it means. Halal is an Arabic word that means "permissible." In the context of food, it refers to meat that has been prepared according to Islamic dietary laws. These laws dictate not only how the animal is slaughtered but also what animals can be eaten and how they must be raised. The process of preparing halal meat involves several steps, each of which must be carried out in accordance with Islamic principles. One of the most important steps is the slaughter of the animal, which must be done in a particular way. The animal must be alive and healthy at the time of slaughter, and it must be killed quickly and painlessly by cutting its throat with a sharp knife. The person performing the slaughter must be a Muslim who is of sound mind and has been trained in the proper method of slaughter. Additionally, the name of Allah must be invoked at the time of slaughter. Und...

Eating Halal: Exploring the Health Benefits of a Halal Diet

A Halal diet is a set of dietary guidelines prescribed by the Muslim faith, which involves consuming food and drinks that are permissible according to Islamic law. Halal food is not only limited to certain types of meat, but it also includes fruits, vegetables, grains, and other food items that are prepared according to the Halal guidelines. In recent times, the Halal food industry has gained substantial attention across the globe, and people from different faiths are exploring the benefits of eating Halal. One of the significant benefits of eating Halal food is that it promotes healthy eating habits. Halal meat is prepared by following strict guidelines, which involves draining the blood from the animal's body, making the meat free from harmful bacterial contamination. In addition, Halal food is also devoid of fear toxins, which is one of the biggest causes of fear and uneasiness in humans. Halal meat is also tender and tastier, making it a preferred choice for meat lovers. ...

What Is The Current Size of the Halal Food Market?

The halal food market has been experiencing significant growth in recent years. Halal food refers to food that is prepared and consumed according to Islamic dietary laws, which prohibit the consumption of pork and alcohol. The market for halal food is driven by the growing Muslim population, which is projected to reach 2.2 billion by 2030, as well as the increasing awareness and demand for halal food among non-Muslim consumers. According to a report by Fortune Business Insights, the global halal food and beverages market was valued at USD 1.96 trillion in 2020 and is expected to reach USD 3.27 trillion by 2028, growing at a CAGR of 6.56% during the forecast period. The report also highlights the key factors driving the growth of the halal food market, including the increasing demand for halal-certified products, the rise of e-commerce and online food delivery platforms, and the growing trend of vegan and vegetarian halal food. The report also identifies the major players in the mar...