Rising together: Halal economy’s role in empowering the underserved
The halal economy, a thriving sector rooted in Islamic values, is increasingly recognized for its potential to uplift marginalized communities by promoting economic empowerment, social inclusion, and ethical practices.
From halal food production to Islamic finance solutions, this dynamic economy creates opportunities that benefit not only Muslim populations but also broader communities seeking ethical alternatives to conventional business models.
Halal economy at a glance
The halal economy has grown significantly, expanding from $1.62 trillion in 2012 to $2.29 trillion in 2023 - about the size of Japan and Germany's combined economies.
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Sharene Lee & Ameerah Langer