650 companies are expected to be involved in the expo, with 90 per cent of the 727 exhibition slots already sold. The expo will focus more on the participation of entrepreneurs from the SME industry, with 75 per cent of the overall space having been allocated for this group.
Participants will discuss jointly manufacturing a car, adopting policies on energy and environmental issues, observing food standard — halal food in particular — and joint petrochemical plans. Iran, Turkey, Malaysia, Pakistan, Nigeria, Egypt, Bangladesh and Indonesia are D8 members.
This industrial food products’ park will be provided full cover by the government and patronage from the top ranking departments, both from the private and public sector. This is the brainchild of Faisalabad Industrial Estate Development and Management Company (FIEDMC) and direct liaison with the Punjab’s Livestock and Dairy Development Department.
A Halal food company formed 12 years ago in Beijing to cater to the dining requirements of the city’s Muslim community is now Xiangjuzhai Foods Group, and is one of Beijing’s biggest Halal food suppliers. It has been approached by the Chinese government to play a role in its ambitious plans to build a dominant Halal foods export industry to cater to West Asian markets.
The Silk Road was once a dynamic set of trade links connecting Asia, Europe and parts of Africa. Now, the ancient routes may be given new life as Chinese Muslim businessmen follow their ancestors’ footsteps to export halal food to the world.
President Mohamed Nasheed attended the official opening of Marrybrown, a Halal Malaysian fast food chain and the first international fast food chain to come to the Maldives. The Marrybrown franchise currently operates in 15 countries worldwide.
Holista Colltech, an Australian Stock Exchange listed company, extended the sponsorship to USM to produce the world’s first halal enzyme production process. The research is for an innovative process to enable plant-based enzymes to produce collagen and halal gelatine.
With 22 million Muslims, China has just one-eight of India’s Muslim population. But China has managed to play an effective role in the $500 billion export market for halal food by capitalizing on its influence as the world’s biggest buyer of petroleum products.
Tariq Iqbal Puri, Chief Executive Trade Development Authority of Pakistan (TDAP) while meeting with Michel Kempeneers, Director, Asia-Pacific Wallonia Foreign Trade and Investment Agency (AWEX), Belgium asked him for Belgium’s technical and financial support in the areas of meat, pharmaceuticals, corporate agriculture and halal food meat certification and logistic etc.
The China-Arab States Economic and Trade Forum will also look at issues relating to expanding China’s Halal food industry, trading in the yuan and joint financing of major construction projects in the Middle East region including in Egypt, Tunisia and Libya.
With a bill on Halal product certification currently being deliberated, the House of Representatives says it is ready to take on opinions and complaints from food businesses and producers.
Pakistan’s batting legends Inzamam-ul-Haq and Saeed Anwar, who once used to butcher bowlers, are now bringing their meat brand “Meat One” to Dubai. Their main aim is to bring this trusted brand to the UAE to ensure supply of best quality fresh ‘halal meat’ to people there. They will be opening two branches in Dubai.
According to the Indonesian Food and Beverage Association (Gapmmi), a government regulation contributed to the decline of food and beverage imports from China and Hong Kong between January and August.
Kontena Nasional is moving towards leading the market. In 2012 and 2013, they are going to sustain their market approach to be the leader in the halal logistics market.
“We’ve increased our halal warehouse, (we) started at two and up to June, we already have 14 halal warehouses, the growth is significant,
There are a number of Muslim majority and non-Muslim countries that have declared themselves to be Islamic finance hubs and halal food hubs. Malaysia is ranked 56th out of 178 countries (with a score of 4.4), Turkey also 56th (4.4), UAE 28th (6.3), Bahrain 48th (4.9), Brunei 38th (5.5), the UK 20th (7.6), France 25th (6.8), Luxembourg 11th (8.5), Singapore 1st (9.3), Hong Kong 13th (8.4), and Indonesia 110th (2.8).
Biscuits made by Cargills Quality Confectionaries, a fully-owned subsidiary of Cargills (Ceylon), are 100 percent vegetarian and certified as Halal so they can be eaten by all consumers, a company statement said.
Second Minister of Planning and Resource Management and Minister of Public Utilities Datuk Amar Awang Tengah Ali Hasan welcomed the signing of the MoU that also covered telecommunications, transportation, tourism, halal hub, agriculture and fisheries.
The group has agreed to invest in processing agricultural products; beef; beverages; and daily essentials needed by Muslims; apart from in the canned food industry and frozen food, said Invest Melaka general manager Ramli Mohd Ali.
Islamic Finance news – IFN Today, Thursday, 17th May 2012
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