Asim Hussain's List: Islamic Issues

• "The production expertise extended by Comgroup coupled with current business opportunities among international institutional buyers will give us greater opportunities to pursue the company's business growth beyond Malaysian shores and carry out product diversification," said Prima Agri's founder and chief executive YBhg. Dato Jamaluddin.
• "The production expertise extended by Comgroup coupled with current business opportunities among international institutional buyers will give us greater opportunities to pursue the company's business growth beyond Malaysian shores and carry out product diversification," said Prima Agri's founder and chief executive YBhg. Dato Jamaluddin.

• , Philippine Halal food exports were valued at $1.824 billion USD. Out of these  $923 million USD were processed foods. Top exports included processed fruits,  nuts and coconut products, dairy and eggs, sugar and confection, beverages, etc.  These products were sent to over fifty countries including China, India,  Malaysia, Indonesia, USA, Egypt, Lebanon, UAE, etc
• Regionally, ASEAN countries are moving to capitalize on the emerging Halal food  market. Since there are also sizable Muslim populations as well as Muslim  countries in the ASEAN there has been a move to liberalize the trading of Halal  products in the regional bloc. A group has also developed standards for Halal in  the region. This resulted in the ASEAN Guidelines on the Preparation and  Handling of Halal Food signed in 1998. Malaysia, which plans to envision itself  as a regional Halal food hub, has allotted an island, devoted to Halal food  production and has recently invited Filipino exporters to participate by  supplying raw materials. Singapore and Brunei both have large Muslim populations  with large purchasing power and being small countries, they are dependent on  food imports. Indonesia with its 200 million Muslims is also an important market  to tap.
• The United States and United Kingdom both have large and fast growing Muslim  minorities. In the case of the United States their Muslim population is growing  six times faster than the rest of the world. These groups have large purchasing  power. Figures say in the US alone, the Halal trade is worth $12 billion USD  with six states passing the Halal food laws. In the UK the Halal trade is worth  20.5 billion pounds. South Africa has a market potential for Halal foods due to  its large Muslim population and dependency on food imports. China and India also  have sizable Muslim populations each with more than 100 million Muslims. Given  the diversity of the Halal market, it is essential that anyone who wants to take  part in the market must do his or her research very we1L They have to tailor  their strategies to cater to the unique cultural and religious needs of their  target mark
• The Halal market offers Filipino exporters a potentially lucrative and large  market to tap. A reliable certification body, excellent quality product, and  market research are the keys to capturing a sizable chunk of this market

2 more annotations...