Global Halal Brazil Forum 2021. Photo by: iccia |--- The global halal industry has become a significant economic force in recent years, with an increasing number of consumers seeking halal-certified products. The industry covers a wide range of sectors, including food, pharmaceuticals, cosmetics, and finance, among others. According to a report by Statista, the global halal market was valued at $2.3 trillion in 2020 and is projected to reach $3.2 trillion by 2024, with Asia accounting for the largest share of the market. Despite its growth, the halal industry faces several challenges, including a lack of uniformity in halal certification standards across different countries and regions. This has led to confusion among consumers and businesses, with some products being certified as halal in one country but not in another. Additionally, there is a shortage of trained halal auditors and certifiers, which has resulted in a backlog of applications for halal certification. To...
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