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Halal Industry : Key Challenges and Opportunities

Author

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  • Elasrag, Hussein

Abstract

The global halal market has emerged as a new growth sector in the global economy and is creating a strong presence in developed countries. The most promising halal markets are the fast-growing economies of the Asia, Middle East, Europe and the Americas. With a growing consumer base, and increasing growth in many parts of the world, the industry is set to become a competitive force in world international trade. The halal industry has now expanded well beyond the food sector further widening the economic potentials for halal. This paper will help to deepen understanding of the concept of Halal so as to familiarize non-Muslims about Halal principles and products.

Suggested Citation

  • Elasrag, Hussein, 2016. "Halal Industry : Key Challenges and Opportunities," MPRA Paper 69631, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:69631
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    File URL: https://mpra.ub.uni-muenchen.de/69631/1/MPRA_paper_69631.pdf
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    Citations

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    Cited by:

    1. Syed Nazim Ali, 2020. "Big Data, Islamic Finance, and Sustainable Development Goals البيانات الضخمة، التمويل الإسلامي، وأهداف التنمية المستدامة," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 33(1), pages 83-90, January.
    2. Hatem El-Gohary, 2020. "Coronavirus and Halal Tourism and Hospitality Industry: Is It a Journey to the Unknown?," Sustainability, MDPI, vol. 12(21), pages 1-26, November.
    3. Dayang Haryani Diana Ag. Damit & Amran Harun & David Martin, 2017. "Key Challenges and Issues Consumer Face in Consuming Halal Product," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(11), pages 590-598, November.
    4. Ewa Malchrowicz-Mosko, 2021. "“Can She Run or Scream while Travelling?” Is Sports Tourism Halal or Haram? Management of Sports Travel of Muslim Women in the Era of West-East Dichotomy," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 421-443.
    5. Ziegler, Yvonne & Uli, Vincenzo & Kramer, Astrid & Tatari, Mahmoud, 2021. "Development of an innovative halal logistics concept for the air cargo supply chain," Working Paper Series 18, Frankfurt University of Applied Sciences, Faculty of Business and Law.

    More about this item

    Keywords

    Halal Industry ; Global Halal Food ; halal cosmetics market ; Halal tourism;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
    • L7 - Industrial Organization - - Industry Studies: Primary Products and Construction
    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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