Tag: Halal

Nigeria signs pact with Saudi Arabia to boost $7.7trn halal economy

The Nigerian government has signed a cooperation agreement with Saudi Arabia’s Halal Products Development Company (HPDC) to establish Nigeria as a leading player in the global halal market valued at $7.7 trillion. The agreement will facilitate investment, technical cooperation, and Read more…

Demand From Muslim and Non-Muslim Countries has Fueled the Halal Economy- Study

In line with rising halal product demand from Muslim and non-Muslim countries, a recent study found that the halal economy is on the rise. The worldwide halal economy industry is predicted to grow from $2.30 trillion in 2020 to $4.96 Read more…

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