Sozo is banking on tapping Malaysia’s halal food stature in the global arena to penetrate the booming global halal food segment. Sozo Global Ltd, of which Khazanah Nasional Bhd controls a 10.43 per cent stake via Agro Treasures Sdn Bhd, is investing RM15 million to set up a halal processing plant in Penang.
An authorised “Halal” stamp is likely to be made mandatory for all meat imported to Qatar and other GCC countries. Forcing the importers to put a Halal stamp on the meat is one of the proposals that are being seriously considered by the member countries.
Halal (conforming to Islamic rules) food is seeing double-digit growth the world over and even in Italy – due to rising interest by companies in the sector – it could soon become normal to find ”Islamically correct” labelled products on supermarket shelves.
THE King of Jordan’s sister has been asking Australia’s agriculture department to stop the slaughter of conscious animals for halal meat.
Complementing the hard facts and figures, the 208-page A4-sized publication also highlights key players within the main Halal sectors within its premium listing section, as well as over 1,000 free listings of Halal-certified manufacturers of food, health products, ingredients, chemicals, flavourings as well as many other related industries from all over the world.
You will find genuine Halal certificates posted in many Muslim restaurants throughout the Kingdom, and these are truly authentic, certified by the two main Muslim bodies in Thailand: The Central Islamic Committee of Thailand and the Institute for Halal Food Standard of Thailand.
HalalFocus interviews Hans C. Kastensmith (HCK), chairman and CEO, InstantLabs a machine they have designed called the Hunter RT PCR that can enable food producers to test products themselves for traces of porcine DNA
The $1 trillion (AED3.68 trillion) global Islamic finance industry is in the process of developing a road-map to converge on $651 billion (AED2.4 trillion) halal market, says Saleh Abdullah Lootah, Managing Director of Al Islami Foods.
SINGAPORE’S halal industry is on a roll, with the number of certified premises rising five-fold this past decade to 2,650 as more businesses court the Muslim market.
The large population of China and other Eastern countries as well as the growth in their markets make them a very attractive investment destination not only for the UAE investors but also for Americans and Europeans. As concerns rise over the Euro debt crisis and the global debt crisis mainly in developed countries, investors are becoming more risk averse
From developing Halal loans to better representing Muslims in the media, mainstream and niche companies are very interested in learning more about the American Muslim market and will converge together this year around the topic, “Multiculturalism and the American Muslim Consumer Market.”
From Jan 1 2012, only the Halal logo issued by the Malaysian Islamic Development Department (Jakim) can be used and will be recognised in Malaysia.
Compared with the variety of foods deemed kosher, Halal certification has still not made major inroads in the US. Whether because of the relative dearth of Halal products and restaurants or simply as an ingrained habit from the days when there were virtually no Halal-certified foods, many American Muslims turn to kosher foods to satisfy their dietary laws.
A look at the Halal logos and Halal certification in Brunei. Are they giving reassurance or doubt to the consumers?
A seminar to boost trade in Halal products was held in Kuala Lumpur on the 27 September. The event was jointly organised by the Vietnamese Embassy in Malaysia, and the Chinese Chambers of Industry and Commerce of Kuala Lumpur and Selangor.
At least 22 countries with 48 Islamic institutions and international Islamic fatwa bodies all over the world have recognized and received the fatwa issued by MUI.
Punjab has the world’s fourth largest population of livestock with over 43 livestock breeds. Therefore given the importance of potential in Punjab for becoming the Halal food hub for the world, Thai organisations were invited for an exchange of information on the Halal Foods Business and to discuss cooperation between Punjab and Thailand in the Halal Food Business.
The number of Brazilian meat processors seeking Halal certification has grown rapidly within the last few years but may be leveling off, according to a main halal certifier. As the American dollar has consistently lost value against the Brazilian real currency over the last year, Halal-certified products have become more expensive for producers to export.
Islamic Finance news – IFN Today, Thursday, 17th May 2012
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