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Global Halal Industry: Trends and Challenges Overview

  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...

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...

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. ...