In the Name of Allah, The Merciful, The Compassionate

UAE: DAFZA launches second edition of the Halal Guidebook

UAE: DAFZA launches second edition of the Halal Guidebook

The Halal economy is estimated to be worth $3.2 trillion by 2024, according to the newly launched second edition of the Halal Guidebook titled ‘Dubai – A Global Gateway for Halal Industry: A Step-by-Step Guide.’ The Guidebook unveils key trends that will have a lasting impact on the regional economy and assists in providing a clear picture of the international and national Islamic economy.

According to the State of the Global Islamic Economy Report 2019/20, the Islamic economy was valued at $2.2 trillion in 2018, which accounts for 12% of the global spend in the food, pharmaceutical and lifestyle sectors. The spending power has also witnessed a significant increase and is set to grow by 6.2 percent compound annual growth rate (CAGR). Ranking first in the Guide Book is the food and beverage industry, with a total estimated value of around $1.4 trillion, the sector is expected to grow to near $2 trillion by 2021. Modest fashion is the second most popular sector, valued at $283 billion. Islamic-themed media, Halal pharmaceuticals and Halal cosmetics have also been identified by the Guidebook as key players in the economy.

Read more here: https://bit.ly/2ZsLNRL

Get Halal certification
Islamic Inspection Service - Siil Halal
TELEPHONE+55 (49) 3323.1224
Av. Porto Alegre, 427D
Ed. Lázio Executivo, Sala 702
Chapecó - Santa Catarina - Brasil
CEP: 89.802-130
Social networks
© Copyright 2018. All rights reserved.