Economics Of Halal Industry

The global halal market has emerged as a new growth sector in the global economy and is creating a strong presence in developed countries. The State of the Global Islamic Economy Report 2017/18 estimates that Global Muslim spend across lifestyle sectors was $2 trillion in 2016, while the Islamic Finance sector has $2.2 trillion in total assets. Food and beverage leads Muslim spend by category, at $1.24 trillion, followed by clothing and apparel at $254 billion, media and entertainment at $198 billion, travel at $169 billion, and spending on pharmaceuticals and cosmetics at $83 billion and $57.4 billion respectively. The importance of this book comes from the importance of using halal and its effects on the material and spiritual life of the believers and its jurisprudential and religious dimensions on the one hand and the necessity to take advantage of new studies and modern technology in the production and monitoring of halal products on the other hand, as well as the development of exports and imports of various products labeled halal in the area of international trade and economics, and also international significant turnover in this field. This book provides a deep understanding of the Halal industry and brings you the latest developments and trends from this economy while also highlighting the future direction of this industry.

The global market for Halal has emerged as a new growth in the global economy and creates a strong presence in the developed countries. The most promising halal markets are the fast-growing economies in Asia, the Middle East, Europe and America. With a growing customer base and increasing growth in many parts of the world, is the industry a competitive force in the world of international trade. The halal industry is now extends far beyond the further expansion of the economic potential for Halal. This book will help you to deepen the understanding of the concept of "halal so familiar to non-Muslims on principles and Halal products.

The global halal market has emerged as a new growth sector in the global economy and is creating a strong presence in developed countries. The most promising halal markets are the fast-growing economies of the Asia, Middle East, Europe and the Americas. With a growing consumer base, and increasing growth in many parts of the world, the industry is set to become a competitive force in world international trade. The halal industry has now expanded well beyond the food sector further widening the economic potentials for halal. This book will help to deepen understanding of the concept of Halal so as to familiarize non-Muslims about Halal principles and products.

The global halal market has emerged as a new growth sector in the global economy and is creating a strong presence in developed countries. The halal industry has now expanded well beyond the food sector further widening the economic potentials for halal. This paper will help to deepen understanding of the concept of Halal principles and products.

The global halal market has emerged as a new growth sector in the global economy and is creating a strong presence in developed countries. The halal industry has now expanded well beyond the food sector further widening the economic potentials for halal. This book explores the concept of Halal industry along with the components which constitute the industry. It provides worldwide examples of some of the current best practices. The opportunities and challenges in developing and Halal industry are also discussed.

The economic integration of Southeast Asia or ASEAN Economic Community (AEC) offers enormous opportunities for its members to develop and collectively collaborate with other economies. Combining the culture of the region with global business in an expanding digital atmosphere, however, has caused numerous challenges on an international scale. Due to the importance of this economic player in Asia, research on key topics including Islamic economics, Islamic finance, technology, and cultural issues in doing business are essential to understand the ASEAN competitive landscape and its relations with other countries. Economics, Business, and Islamic Finance in ASEAN Economics Community is a pivotal reference source that explores key issues and enhances understanding of business and economics in the ASEAN community and explores the collaboration between this community and Islamic finance and technology. While highlighting topics such as global business, smart manufacturing, and human resource management, this publication explores sustainable development practices as well as the methods of cultural appreciation in economics. This book is ideally designed for deans, heads of department, directors, politicians, policymakers, economists, corporate heads, senior general managers, managing directors, information technology directors and managers, libraries, academicians, researchers, and students.

The global halal market has emerged as a new growth sector in the global economy and is creating a strong presence in developed countries. The most promising halal markets are the rapidly growing economies of Asia, the Middle East and Europe and the Americas. With a growing consumer base and increasing growth in many parts of the world, the industry is set to become a competitive force in the world of international trade. The halal industry has now expanded far beyond the food sector to further extend the economic potential for halal. This book offers an in-depth understanding of the Halal industry and brings you the latest developments and trends in this economy, also aware of the future of this industry.

The Islamic Halal Industry is at the cusp of major growth and widespread recognition, having gained traction as Muslims assert their religiosity and traditional values. Muslims spent $2.02 trillion in 2019 across the food, pharmaceutical, cosmetics, fashion, travel and media/recreation sectors, all of which are impacted by Islamic faith-inspired ethical consumption needs.. This book provides a deep understanding of challenges and opportunities of the halal market economy .

The importance of this book comes from the importance of using halal and its effects on the material and spiritual life of the believers and its jurisprudential and religious dimensions on the one hand and the necessity to take advantage of new studies and modern technology in the production and monitoring of halal products on the other hand, as well as the development of exports and imports of various products labeled halal in the area of international trade and economics, and also international significant turnover in this field. This book provides a deep understanding of the Halal industry and brings you the latest developments and trends from this economy while also highlighting the future direction of this industry.

The global halal market has emerged as a new growth sector in the global economy and is creating a strong presence in developed countries. The most promising halal markets are the fast-growing economies of the Asia, Middle East, Europe and the Americas. With a growing consumer base, and increasing growth in many parts of the world, the industry is set to become a competitive force in world international trade. The halal industry has now expanded well beyond the food sector further widening the economic potentials for halal. This book will help to deepen understanding of the concept of Halal so as to familiarize non-Muslims about Halal principles and products.