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Global Halal Forum: Halal Industry all set to become a multi-trillion industry

TCN News: 

The second Global Halal Forum was organized on October 18th  and 19th 2018 by Amanah Halal Research Centre in collaboration with University of Catania, Gruppo Ibleo, Gruppo Consulting and EDA in Italy.

Though halal industry is limited to Muslim countries non-Muslim countries are also ready to join this multi-trillion dollar industry. The main purpose of the 2ndGlobal Halal Forum 2018 was to create awareness about the untapped potential of Halal business and explore ways to benefit from this potential Dr. Ashfaq who is the CEO of Amanah Halal Research stated during the forum that “It is estimated that the size of global halal food spending will cross the mark of USD 1.93 trillion by the end of 2022.”

Italy has around 3 million Muslim population (4% of total population) and it also exports substantial portion of Halal cosmetics and modest fashion to OIC countries.

Dr. Danilo Scalone Head of EDA Associated Italy stated that “The awareness of Halal products and services is growing rapidly in Europe including Italy. This forum will also enable Italian producers to benefit from promising opportunities from the global Halal economy.

 The forum was attended by representatives of major halal producers, exporters, logistic providers, researchers and a large number of academicians.

Amanah Halal Research Centre (Amanah HRC) is an international organization based in Germany and office in Pakistan. Amanah HRC is committed to promote the halal industry and it provides a diverse range of unrivalled services which includes advisory and consultancy, Halal certification, market research and development, education and capacity building, strategy design and implementation, publications and conferences.