The Islamabad Chamber of Commerce & Industry (ICCI) in collaboration with the Halal Research Council (HRC) organized an awareness roadshow to sensitize the business community about the export potential of the Halal industry
Muhammad Zubair, Chief Executive Officer, Halal Research Council gave detailed presentation about the potential of Halal industry and export opportunities of Halal products.
Muhammad Zubair said that global Halal market was 3.6 trillion dollars, but Pakistan’s share in it was less than 1 per cent.
He said that over 90% share of the Halal market was captured by the non-Muslim countries while top ten exporters of Halal products in the Middle East were also non-Muslims.
He said that Pakistani private sector has great scope to penetrate the Halal products market by focusing on Halal certifications.
Highlighting the advantages of Halal certification to manufacturers and producers, he said that Halal certification would enhance the marketability of their products to meet the needs of over 1.6 billion Halal consumers worldwide.
He said Halal certification would provide the business community competitive advantage, bigger market share, a cutting edge over the competitors and help them in meeting the importing countries’ requirements.
He said that HRC would like to hold more programs in collaboration with ICCI on various topics of Halal industry to create better awareness about business opportunities in this industry.
Speaking at the occasion, Ahmed Hassan Moughal, President, Islamabad Chamber of Commerce and Industry said that the global Halal markets included not only Islamic banking and finance, but also food, pharmaceutical, cosmetics, education, chemical, travel, tourism and hospitality industries.
