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08:16 October 29th, 2009

World halal standard would help $2 trillion industry, Malaysia says

Posted by: Liau Y-Sing
Tags: FaithWorld, , , , , ,

halalMalaysia hopes that Muslim countries can agree on which goods and products are halal, or acceptable to Muslims, a move that would boost the $2 trillion industry, although politics and interpretation of islamic law may complicate the task.

(Photo: Halal label at Kuala Lumpur restaurant, 8 April 2005/Bazuki Muhammad)

The Organisation of the Islamic Conference (OIC) is working on a single standard to be applied in its 57 member countries.  Agreement to regulate the halal industry, which ranges from financial institutions to cosmetics and meat, would help trade and speed up the certification for makers of halal products.

“Malaysia’s halal certification is recognised worldwide so perhaps we can play an important role in creating a global standard,” Malaysia’s religious affairs minister Jamil Khir Baharom said in an interview on Thursday. “We need a halal certification that everyone can use easily.”

Muslim jurists do not always agree on what is halal. Islam prohibits the consumption of pork and prescribes how animals must be slaughtered, but there has been debate on the acceptability of non-alcoholic beer, collagen and vinegar.

See the full story here.

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One comment so far

[...] is pushing the 57 member states of the Organization of Islamic Conference (OIC) to agree on a world halal standard. They say the move would boost the $2 trillion industry. -*- CNN profiles Hana Hajjar, a Saudi [...]

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