What
is Halal?
In
our ever progressive world, it has become increasingly challenging for
Muslims to determine whether the products they use are religiously acceptable
or Halal. This Halal and non-Halal problem is not only limited to food
and beverage but also to other products and services
Halal is an Islamic
value and has a direct impact on how products should be inanced, sourced,
produced, processed, distributed, stored, sold and consumed.
The
level of wareness is admittedly still low as even many Muslims believe
that Halal is only about meat. It is true that meat and meat-based products
have the highest levels of exposure to non-Halal products and practices,
but so do other food products non-food products including cosmetics, pharmaceuticals
and a very wide range of products & services.
What
is covered under Halal Umbrella?
The Halal Market is estimated to be worth US$2 trillion annually, which
includes full range of products from food, cosmetics, toiletries, heath
care products, finance and supply chain vservices. Despite such a huge
potential and an existing demand from over a billion ustomers, Pakistan
is still a virgin market with no awareness and availability regarding
this immense opportunity and its broad spectrum.
The cross-cultural influences and increasing awareness of health-related
benefits are dominant factors resulting in increased cceptability of Halal
practice throughout the world. The Halal market is an ever growing global
market, and consistently maturing in sophistication. |