The expanding scope and scale of Halāl market
Other Title(s)
توسع نطاق و حجم سوق الحلال
Joint Authors
Ali, Sayyid Nazim
Baig, Muddaththir Ali
Source
Journal of King Abdulaziz University : Islamic Economics
Issue
Vol. 33, Issue 2 (31 Jul. 2020), pp.159-172, 14 p.
Publisher
King Abdulaziz University Scientific Publishing Center
Publication Date
2020-07-31
Country of Publication
Saudi Arabia
No. of Pages
14
Main Subjects
Abstract EN
During the last couple of decades, the concept of ḥalāl markets has become ubiquitous covering sectors ranging from tourism and hospitality, fashion and clothing, pharmaceuticals and hospitals, to biotechnology and cryptocurrencies.
Muslim immigration into the western world has played a crucial role in the development of this market.
Increasing competition has encouraged the states to get involved directly in the regulation and standardization of the market.
The increasing demand accompanied by increased affluence in the Muslim community has attracted the attention of multinational corporations.
All these factors will be delved into, in detail, in this paper.
This article differs from the past scholarship as a work which takes a holistic view of the expansion and growth of the ḥalāl market.
It takes a comprehensive overview of the evolution of the scope and scale of the ḥalāl market and connects it with historical events, latest trajectories, global trends and developments.
The objective of this paper is to identify the various elements of growth in both the scope and scale of the ḥalāl market and the varied factors that have contributed to this growth.
In the end, an analysis of the contemporary events is done to predict the future trend in this market.
American Psychological Association (APA)
Baig, Muddaththir Ali& Ali, Sayyid Nazim. 2020. The expanding scope and scale of Halāl market. Journal of King Abdulaziz University : Islamic Economics،Vol. 33, no. 2, pp.159-172.
https://search.emarefa.net/detail/BIM-1279222
Modern Language Association (MLA)
Baig, Muddaththir Ali& Ali, Sayyid Nazim. The expanding scope and scale of Halāl market. Journal of King Abdulaziz University : Islamic Economics Vol. 33, no. 2 (Jul. 2020), pp.159-172.
https://search.emarefa.net/detail/BIM-1279222
American Medical Association (AMA)
Baig, Muddaththir Ali& Ali, Sayyid Nazim. The expanding scope and scale of Halāl market. Journal of King Abdulaziz University : Islamic Economics. 2020. Vol. 33, no. 2, pp.159-172.
https://search.emarefa.net/detail/BIM-1279222
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 169-170
Record ID
BIM-1279222