Turkey poised to take lead in halal market

Turkish government plans to open its first halal accreditation centre to serve 1.6 billion consumers around the world.

A man slices meat in a food court during the 5th OIC Halal EXPO and World Halal Summit at the Lutfi Kirdar International Convention and Exhibition Center in Istanbul, Turkey on November 23, 2017. (Photo AA)
AA

A man slices meat in a food court during the 5th OIC Halal EXPO and World Halal Summit at the Lutfi Kirdar International Convention and Exhibition Center in Istanbul, Turkey on November 23, 2017. (Photo AA)

Halal is an Arabic word for permissible. And halal products are the ones that are prepared and sold according to Islamic principles. 

Now, there's a surge in "halal"  companies that actively target Muslims around the world with products that fall within the bounds of Islam's lifestyle guidelines.

The global halal market is worth about 4 trillion dollars, yet there is still no global standard for the sector.

Turkish government submitted a proposal to parliament for establishing a halal accreditation agency, which would be the only one of its kind in the country and able to establish overseas branches.

The center is set to open before the end of the year.

Ankara also hosted The World Halal Summit Istanbul (WHSI) and the 5th Organization of Islamic Cooperation (OIC) Halal Expo in Istanbul recently.

TRT World’s Maria Ramos has visited the expo and explains why Turkey aims to lead the industry.

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