Home / Top 30 Companies
Top 30 OIC Halal Products Companies 2023

Salaam Gateway, in partnership with DinarStandard, has released its first-ever OIC-based halal products companies list. The rankings feature a rich mix of 30 enterprises that have dominated their domestic markets and are well-placed to champion halal market strategies. Of the listed companies, 15 are halal food firms, 10 operate in the pharmaceuticals vertical, and five are from the cosmetics space.

To read a comprehensive summary of the ranking, Click Here


Filter Companies
Rank
Company Name
Sector
Country
Score
1 Biofarma
Pharmaceuticals
Indonesia 15.0
2 DuoPharma Biotech
Pharmaceuticals
Malaysia 14.2
3 Indofood
Food
Indonesia 14.1
4 Paragon Technology and Innovation
Cosmetics and Skin Care
Indonesia 12.5
5 Al Islami
Food
UAE 12.4
6 FGV Holdings Berhad
Food
Malaysia 12.3
7 Tempo Scan Pacific
Pharmaceuticals
Indonesia 12.2
8 Mayora Indah
Food
Indonesia 12.1
9 Dexa
Pharmaceuticals
Indonesia 11.6
10 Martha Tilaar
Cosmetics and Skin Care
Indonesia 11.5
11 Conatural Beauty
Cosmetics and Skin Care
Pakistan 11.4
12 Victoria Care Indonesia
Cosmetics and Skin Care
Indonesia 11.3
13 Bateel
Food
Saudi Arabia 11.2
14 Beauty Haul Indonesia
Cosmetics and Skin Care
Indonesia 11.1
15 Pharmaniaga
Pharmaceuticals
Malaysia 10.9
16 Savola
Food
Saudi Arabia 10.8
17 Almarai
Food
Saudi Arabia 10.7
18 Lulu
Food
UAE 10.6
19 Kalbe Farma
Pharmaceuticals
Indonesia 10.5
20 Sinar Mas Agro Resources and Technology
Food
Indonesia 10.4
21 Japfa Comfeed Indonesia
Food
Indonesia 10.3
22 Musim Semi Mas
Food
Indonesia 10.2
23 Salim Ivomas Pratama
Food
Indonesia 10.1
24 Simpor Pharma
Pharmaceuticals
Brunei 9.8
25 Bosch Pharmaceuticals
Pharmaceuticals
Pakistan 9.7
26 IOI Corporation Berhad
Food
Malaysia 9.6
27 Americana
Food
Saudi Arabia 9.5
28 Marrybrown
Food
Malaysia 9.4
29 Soho Global Health
Pharmaceuticals
Indonesia 9.3
30 Renata Limited
Pharmaceuticals
Bangladesh 9.1

Methodology

The Top 30 OIC Halal Products Companies 2023 is produced by DinarStandard based on a composition of constituent parts of the halal products sectors - halal food, pharmaceuticals, and cosmetics, domiciled in 57 member countries of the OIC (Organization of Islamic Cooperation). The rankings selected top 15 companies from the food vertical, 10 from pharmaceuticals, and 5 from the cosmetics space, reflecting the proportionate market size and diversity of halal products. The ranking evaluated companies from the OIC based on the following criteria:

  • Company annual revenues (available or estimated)
  • 'Halal' market focus as evaluated by keyword on company website, or announced 'halal' initiatives
  • Number of OIC countries exported to

Data Sourcing

Data was collated from multiple sources, including DinarStandard's proprietary 'ImpactIntell' database, company websites, and company press releases.

Comments/Questions:

Please send your comments, queries, and corrections through our Contact Us page.