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As for halal products, there are about 1.5 billion consumers, This means that one out of every four human beings consumes halal products. At present, Southeast Asia and the Middle East are the two strong markets for halal products (Riaz, 1998).

The halal product market has approximately 1.5 billion consumers worldwide, meaning one in four people chooses halal products. Currently, Southeast Asia and the Middle East are the two largest halal product consumer markets.

As at 2008, the Halal Industry has amounted to USD2.1 trillion. This is certainly an important market to tap into. The Halal industry which also includes Islamic finance is estimated to be worth between USD200 billion to USD500 billion annually, with an annual growth rate forecast of 12% to 15% for the next 10 years.

By 2008, the halal industry had reached US$2 trillion. This will certainly be an important market entry point. In the next decade, the halal industry, including the Islamic finance industry, is expected to maintain an annual growth rate of 12%-15%, increasing by US$20 billion to US$50 billion annually.

Marketing efforts to supply certified halal products throughout the world are gaining momentum. Demands for Halal-certified products have increased exponentially not only because the Muslim consumer base is growing but also due to the fact that Halal products now appeal to a broader spectrum. Halal has become the new benchmark for safety and quality assurance. The growing appeal and benefits of this niche market is significant. Major non-Muslim countries like Australia, New Zealand, South Africa, Canada and the U.S. have already established their local production for the Halal market.

The halal product industry, now operating worldwide, is witnessing rapid growth. Demand for halal-certified products is increasing exponentially, driven not only by the growing Muslim consumer base but also by the broader appeal of halal products. Halal has become the new benchmark for safety and quality assurance. The growing appeal and benefits of this market are significant. Major non-Muslim countries like Australia, New Zealand, South Africa, Canada, and the United States have already established their own halal markets for local production.

The key driving factors for the projected growth of the Halal market are as follow:

The key drivers of the Halal market growth are as follows:

Growth in the Muslim population, the primary market for Halal food

Rising incomes in primary markets for Halal food

The growing Muslim population is the main consumer in the halal food market.

Increasing demand for safe, high quality food in primary markets

Market demand for safe, high-quality food is increasing.

Increasing demand for greater variety in primary markets

Incidents of food marketed as Halal but failing to meet Halal requirements

The market demand for product variety is increasing, and the market demand for halal food is increasing, but there is a lack of sufficient products that meet halal conditions.

Asia has the largest Muslim population of any given region, but the population has modest per capita incomes, and hence lower total food consumption than other areas. For example, high population countries like India and Pakistan have relatively low consumer incomes and consequently exhibit lower per capita protein consumption. Despite lower income levels, this region has been at the forefront of capitalizing on the growing Halal market.

Asia has the largest Muslim population, but its per capita income is lower, resulting in lower overall food consumption than other regions. For example, populous countries like Pakistan and India have relatively low consumer incomes and therefore exhibit lower per capita protein consumption. Despite these lower incomes, the region has become economically developed due to the growing halal market.

Malaysia, Thailand, Singapore, the Philippines, Brunei, China and India have all taken steps to tap into the global Halal market. For instance, the Singapore food industry has also taken a number of steps towards becoming a Halal hub, including an advertising campaign in the Middle East. Malaysia has also designs on becoming an international Halal hub and its government has taken a number of measures to support that objective including the establishment of the Halal Development Corporation. Thailand has moved to become a recognized Halal centre of excellence in science and testing.

Malaysia, Thailand, Singapore, Brunei, the Philippines, India, and China have already taken steps to enter the global halal market. For example, Singapore's food industry has taken steps to become a halal hub, including through an advertising campaign in the Middle East. The Malaysian government has also implemented a series of initiatives, including the establishment of the Halal Development Corporation, to support its development as an international halal hub. Thailand has become recognized as a center of excellence for scientifically tested halal certification.

Brunei is currently co-operating with Australian companies in order to combine its role in the Muslim world with Australias track record in safe, high quality food production. The Chinese Halal industry is growing and is expected to expand its role in the global market. At the moment, the key advantage of the Chinese Halal industry is access to cheap labor. China recently signed a Memorandum of Understanding with the European Commission (EC) and already has several EC-approved companies ready to export Halal products to European markets. Indian exporters are attempting to gain recognition through the achievement of HACCP, ISO and Halal certification.

Brunei is currently collaborating with Australian companies to jointly promote Australia's high-quality and safe food production and enhance its role in the Muslim world. The development of China's halal industry is expected to expand its role in the global market. Currently, the main advantage of China's halal industry is its cheap labor. China recently signed an agreement with the European Union, and some halal products produced by Chinese factories approved by the EU are ready to be exported to Europe. Indian exporters are trying to obtainHACCP、 ISOand Halal certification to gain market recognition.

Majils Ugama Islam Singapura (Muis), which is also known as the Islamic Religious Council of Singapore, is the Islamic authority in-charge of Muslim affairs in Singapore. Muis was established as a statutory board in 1968, when the Administration of Muslim Law Act (AMLA) came into effect. Muis is to advise the President of Singapore on all matters relating to Islam in Singapore. Among other things, Muis provides Halal Certification services.

SingaporeIslamic Religious Council of SingaporeAbbreviationMOUSE, also known as the Islamic Religious Council of Singapore. It was established1968In the year, and2009It became a statutory board under the Ministry of Community Development, Youth and Sports of Singapore in 1999. Its main task is to make recommendations to the President of Singapore on all matters related to halal and to manage in accordance with Muslim laws and regulations (AMLA) to manage and safeguard the interests of the Muslim community in Singapore.MOUSEHalal certification services are also provided.

Muis is vested with the powers to act as the sole authority to administer and regulate Halal certification in Singapore. This is clearly stipulated in AMLA.

MOUSEIt is the only authority in Singapore to manage and regulate Halal certification, which is clearly stipulated in the law.。

By 2009, Muis certified more than 2,600 premises and has played an important role as the custodian of Halal food assurance for Singapores 15% Muslim population. Furthermore, the promising Halal food industry with the availability of many Halal-certified eating establishments has helped to foster social interaction between individuals from diverse racial, cultural and religious backgrounds.

As of2009Year,MouseMore than2600companies and for Singapore15%Halal food plays an important role in ensuring that Muslims have access to halal food. In addition, the development of the halal food industry will help promote social interaction between individuals from different races, cultures and religious backgrounds.

Halal Certification provides assurance to all Muslim consumers because it fulfills the Syariah law, which is a must for Muslims.To the non-Muslims, Halal products are quality products, simply due to the concept of halalan thoyyiban (Halal and wholesome)

Halal certification provides assurance to all Muslim consumers as it strictly adheres to Islamic law. For non-Muslim consumers, Halal products are a guarantee of quality.

Halal Wares

As the Singapore Halal certification is well regarded and globally recognised, it has generated strong interests from companies, both in Singapore and beyond, planning to embark on the MUIS Halal Certification scheme and adopt the Singapore MUIS Halal Quality Management (HalMQ) system. Warees Halal, a division of MUIS subsidiary Warees Investments Pte Ltd, has been given the task of helping companies to attain certification.

Singapore's Halal certification is globally recognized and has gained huge benefits. The Halal certification schemes in Singapore are all based onMUIS-HalalQuality Management (HalMQ)system.Warees-HalalyesMOUSEA wholly-owned subsidiary of , has helped many companies obtain Halal certification.

At the present moment, being the subsidiary of Muis, Warees Halal leverages on the existing Muis eHalal System to manage all aspects of the Halal Certification Process . Apart from this system Muis has engaged a third-party vendor Marshall Cavendish Business Information Pte Ltd, to manage its directory portal http:www.singaporehalaldirectory.com.

Currently, as a subsidiary of the institution, Warees-HalalMake full use of existingMUIS e-halalThe system manages all aspects of the Halal certification process.MUIS e-halalThe system can find information about third-party suppliers and manage their catalog portal.

Warees Halal is currently exploring new ways to improve and streamline their work processes and expand their reach to the global halal market. Thus they have engaged Warees IT , another division in Warees Investments to explore any possibilities and solutions by leveraging on

Warees-HalalCurrently exploring new ways to improve and streamline their workflows to expand into the global Halal market.Waresengaged inITEngineers, inWaresAnother sector of investment is exploring viable solutions.