Abu Dhabi to host exhibition on $2.1tr halal industry on Sunday

Dubai:
Abu Dhabi will become the focal point for the $2.1 trillion a year
global halal industry next week as leading manufacturers and suppliers
assemble in the UAE capital to debate issues vital to the growth of the
business worldwide.

Halal World Expo, the most comprehensive Middle East event to focus
on the burgeoning halal industry, opens at the Abu Dhabi National
Exhibition Centre on Sunday, at a time when the industry is facing new
challenges as its boundaries continued to expand.

As the Middle East positions itself as one of the premier users of
quality halal products with its dense concentration of Muslim
consumers, there is huge potential for the halal industry across the
GCC to produce and distribute high quality, regulation certified halal
products throughout the region.

Food market

The halal food market, which is worth $150 billion a year, will be
the focus of the three-day event, with exhibitors from the areas of
food production, canned products, agricultural products, dairy and meat
products in the international exhibitor lined up.

The exhibition will also showcase halal lifestyle products including
Islamic fashion, cosmetics – a market worth Dh2.06 billion in the UAE
alone – as well as other healthcare products.

Islamic Finance, currently worth between $200 and $500 billion
annually and a consistently growing interest for financial market
across the world, will also be part of the exhibition.

Islamic finance is of interest to the halal industry as many companies seek Sharia-compliant financial products and services.

“We will offer both regional and international exhibitors a gateway
to the Middle East and international markets”, said Christine Weaver,
exhibition director.