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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...
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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...
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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...
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