Category: Business

Nigeria Halal Market Reports

Nigeria’s domestic halal market is booming, ranking as the world’s eighth-largest with a 2022 spending of US$107 billion. Expected to grow to US$180 billion by 2027, the Nigeria Halal Economy Report 2023 provides a blueprint for enhancing Nigeria’s halal industry....

SFDA-JAKIM Agreement

Strengthening Global Halal Integrity: SFDA and JAKIM’s Landmark Agreement In a significant move to enhance the integrity of the Halal certification process, the Saudi Food and Drug Authority (SFDA) and the Malaysian Department of Islamic Development (JAKIM) entered into a...

Foodery, a revitalized Halal food in the UK

Foodery, a venture dedicated to serving Halal food, has been relaunched with a renewed commitment to quality, reliability, affordability, and nutrition. The founder, Azam Jaafari, identified a gap in the market for high-standard Halal options in 2016 and created Foodery...

The State of the Global Islamic Economy 2023/24 Report

This is the 10th edition of the State of the Global Islamic Economy (SGIE) Report. In the ten years of covering this space, the global Islamic economy has grown from a $1.62 trillion consumer spending market, estimated in 2012, to...

/ 12 January 2024

Memorandum of Understanding between Türkiye and Qatar

The memorandum of understanding between the Republic of Türkiye and the State of Qatar to enhance cooperation in the field of halal quality infrastructure was signed on October 14, 2022, at a ceremony hosted by President H.E. Recep Tayyip ERDOĞAN,...

/ 9 January 2024

Indonesia: Implementing Regulation

On 2 November 2020, President Joko Widodo enacted Law No. 11 of 2020 on Job Creation (“Omnibus Law“), amending various laws and regulations in Indonesia, including on halal product assurance. Article 48 and Article 185 (b) of the Omnibus Law...

/ 3 January 2023