Overview

	Halal industry, a rapidly expanding business now reaching 1.8 billion consumers worldwide and worth an estimated US$2.1 trillion.
	The current Halal foods market has some estimates as high as $560 billion. Conversely these estimates are lessened by the fact that a significant portion of the halal market is composed of meats produced and consumed domestically.
	The Halal market has become the latest buzz and untapped market in the international marketplace.

A NEW MARKET FORCE

The interest and demand for Halal-certified products and services continues to increase across global markets, making Halal not just a religious obligation, but also a powerful market force.

With a consumer base of 1.6 billion Muslims world-wide, and with its strong cross-over potential becoming apparent, Halal is emerging as the standard of choice for consumers and manufacturers in many parts of the world.

With per capita expenditure on food and beverages consistently on the rise, especially throughout the Muslim world, the estimated market value for Halal products has reached to several hundred billion USD annually.

With the recent interest in Halal healthcare, including personal hygiene and cosmetic products, the overall Halal market value is expected to rise even further.

Halal - a global market force

	Meat & Poultry		Standards, Auditing, Certification
	Food Manufacturing		Science & new technologies
	Food Retailing		Personal care products
	Restaurant Chains		2 billion ‘de facto’ consumers
	Food Service Industry		USD 500 billion annually
	Logistics & Shipping		Expanding market parameters
	Islamic Banking & Finance

Estimated Global Halal Market Value

Region 2005	Muslim Pop	Per capita food	Halal Food Market Millions USD

Africa	461.77m	250	115,443
West Asia	195m	570	111,150
South Central Asia	584.8m	300	175,440
South East Asia	266.37m	350	93,230
China	39.1m	175	5,865
Europe (inc Russia)	51.19m	1,250	63,988
N. America	8.26m	1,750	14,455
S. America	1.64m	500	820
Oceania	.35m	1,500	525

Total	1,565m		US$ 580,915

What is halal?

Halal (halalal) is an Arabic term meaning “permissible”

In the English language, it most frequently refers to food that is permissible according to Islamic law.

In the Arabic language, however the true meaning is it refers to anything that is permissible under Islam.

In non-Arabic-speaking countries, the terms is most commonly used in the narrower context of just Muslim dietary laws, especially where meat and poultry are concerned, however it also refers to a number of other consumer and industry related products e.g pharmaceuticals, life sciences and fertilsers etc.

Permissible in Islam or Halal

Free of Alcohol and alcohol related products

Free of chemical and artificial addititives

Meat products culled under Islamic principles

Free of Meat additives from non Halal products

Free of Hormones

Free of antibiotics

Free of GMO

Free range and cage free animals

What is Sharia?

The basic principle of Islamic banking is the prohibition of Riba- (Usury - or interest):

"While a basic tenet of Islamic banking - the outlawing of riba, a term that encompasses not only the concept of ‘usury’, but also that of interest.

"The universal nature of these principles is immediately apparent even at a cursory glance of non-Muslim literature. Usury was prohibited in both the Old and New Testaments of the Bible.