• Download the Constitution of Pakistan
  • Advertise
Friday, July 25, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Pakistan Has Potential To Capture Share In $3tr Halal Industry

by Web Desk
May 9, 2022
in Business, Economy
Reading Time: 1 min read
0
Pakistan Has Potential To Capture Share In $3tr Halal Industry
Share on FacebookShare on TwitterLinkedinWhatsapp

According to details, the strict compliance of certification can help Pakistan to take halal products exports to US $5 to $6 billion annually and capture a sizeable share in the $3 trillion world halal food industry.

Speaking at a Round Table Conference on “How to boost halal food exports?”, Meher Kashif Younis former senior Vice President Lahore Chamber said in Lahore on Sunday that Pakistan can increase manifolds food exports by formulating and implementing policies in association with the private sector. He said there is a need to increase Pakistan halal food production and exports of semi-cooked meat which holds high demand in China and other Far East countries. He said Europe is currently generating 80 percent of global halal revenue.

He said that demand for halal products had increased manifold because of the growing Muslim population worldwide. Therefore, the government should encourage exports of such products and asked the exporters to continue to explore the world market and focus on research and compliance, which is a must while doing business in the global marketplace.

He said the strict halal compliance, quality certification, and state support could help halal export Pak products to $5 to $6 billion. He said the government should offer basket of incentive to boost the export of good quality halal food. He said unfortunately no Muslim country features among the top 10 halal meat exporters, although Pakistan and other Muslim countries can export meat on a large scale.

Tags: Halal Industrylatest'Pakistan
Web Desk

Web Desk

Related Posts

Pakistan, Russia sign Protocol to restore & modernize PSM

Pakistan, Russia sign Protocol to restore & modernize PSM

by News Publishing
July 11, 2025
0

Pakistan and Russia have signed a Protocol to restore and modernize Pakistan Steel Mills (PSM) in Karachi, reaffirming their long-standing...

PSX soars to new high of over 133,000 points in intraday trade

PSX soars to new high of over 133,000 points in intraday trade

by News Publishing
July 7, 2025
0

July 8, 2025: The Pakistan Stock Exchange (PSX) continued its remarkable upward trend on Monday, as the KSE-100 index surged...

Pakistan, Azerbaijan sign $2billion investment agreement

Pakistan, Azerbaijan sign $2billion investment agreement

by News Publishing
July 5, 2025
0

Pakistan and Azerbaijan have signed an agreement for investment worth two billion dollars in diverse sectors of Pakistan's economy. The...

Electricity Rate cut 2025

NEPRA Slashes Power Tariff by Rs1.16 Per Unit

by Anum Arif
July 2, 2025
0

In a major relief to power consumers across Pakistan, the National Electric Power Regulatory Authority (NEPRA) has approved a reduction...

Petrol price increased by Rs8.36 per litre for next fortnight

Petrol price increased by Rs8.36 per litre for next fortnight

by News Publishing
July 1, 2025
0

The Finance Division has announced a significant increase in fuel prices, citing volatility in global crude oil markets. Effective from...

PSX 2025

PSX Crosses 125,000 Points for First Time

by Anum Arif
June 30, 2025
0

The Pakistan Stock Exchange (PSX) achieved a historic milestone on June 30, 2025, as the benchmark KSE-100 Index crossed the...

Next Post
Services’ exports surge 18pc to $4.5bn in 8 months

Services’ exports surge 17pc to $4.5bn in 8 months

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters