A roundtable in the conference “THE RISE OF ASIA IN GLOBAL HISTORY AND PERSPECTIVE: Covid-19 from Asia to the world: what assessment and what perspective for a common future?” organised by the University Le Havre Normandy, France, February 9-11, 2022
The roundtable is open to individual and group paper presentations. Those willing to present their papers are invited to submit online their proposals until December 31, 2021. The introduction and the guidelines to submit proposal are available online at https://bandungspirit.org/
Halal is an Arabic word translated to "permissible" in English. In the Koran, the word halal is contrasted with haram (forbidden). The term halal is particularly associated with Islamic dietary laws and especially meat processed and prepared following Islamic jurisdiction. The most well known forbidden dietary products are pork and alcohol. Recently the notion halal and haram is extended to other products outside food including clothing, cosmetics, finance, tourism, etc. making a new global market and industry involving not only Muslim majority countries but also Non-Muslim ones including Australia, Brazil, France, UK, USA…
The following data quoted from IMARAT CONSULTANT specialists of Halal Market Economy deserve attention of business world:
1) Estimated Global Halal Market Value: involving around 2 billion consumers world wide, making around 500 billion USD annually.
2) Halal Global Market Force includes: Meat & Poultry, Food Manufacturing, Food Retailing, Restaurant Chains, Food Service Industry, Logistics & Shipping, Islamic Banking & Finance, Standards-Auditing-Certification, Science & New Technologies, Personal Care Products.
3) Halal Products offer an alternative way of consuming in the sense of Healthy, Organic, Environmentally friendly, Animal welfare, Ethnic/Cultural, Fair Trade.
4) Halal Market is expanding from fine dining to fast food...in the air, and in the prison...in schools, hospitals and military rations. Halal Industry Sectors protecting the integrity of the entire Halal value chain is becoming increasingly important.
5) Halal Market and Industry Driving Countries include: Brunei, China, Indonesia, Malaysia, Philippines, Singapore, Thailand… Regional competition has stimulated the local & global market.
Those facts raise questions: is there any correlation between the rise of halal market & industry and the rise of Asia? Are the two phenomena a coincidence or a synergy? How far the halal market and industry could develop? In what way and sectors the Non-Muslim majority countries could take part in the halal market and industry?