Global Halal business: a sectoral analysis

Akram, Hafiz Wasim

doi:10.1504/ijbg.2022.122291

Cited by 10 publications

(4 citation statements)

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“…The halal industry processes goods based on sharia guarantees, so the products are good, healthy, safe and harmless; therefore, halal to consume, enjoy or use (Peristiwo, 2019). Based on data from the State of the Global Islamic Economy Report, there are seven types of halal industries: halal food, Islamic finance, halal travel, modest fashion, halal media and recreation, halal pharmaceuticals, and halal cosmetics (Akram, 2022;Ikhwan, 2021). This article focuses on modest fashion.…”

Section: Resultsmentioning

confidence: 99%

Portraits and Challenges of Indonesia’s Modest Fashion Industry on the Halal Industry Competition in the World

Yuniastuti¹,

Pratama²

2023

Indonesian Journal of Halal Research

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The Muslim population is spread all over the world, and the majority of Indonesia’s population is Muslim. The market segmentation for the halal industry, one of which is modest fashion, has a lot of competition globally. This study describes the development and challenges of Indonesia’s modest fashion industry in the global halal industry. The research method is qualitative with a descriptive approach, with data collected from reports and related documents. The results show the simple fashion sector score of Indonesia’s Global Islamic Economic Indicator increased from 2018 to 2021 and is ranked in the top 10. Similar development trends occurred in competing countries. Indonesia faces many challenges and stiff competition in the modest fashion sector of the halal industry, including accessing financing and international markets, meeting market needs, receiving government support/related policies, implementing technology in marketing, research and development, and setting competitive prices. However, Indonesia’s modest fashion sector is growing.

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Section: Resultsmentioning

confidence: 99%

Portraits and Challenges of Indonesia’s Modest Fashion Industry on the Halal Industry Competition in the World

Yuniastuti¹,

Pratama²

2023

Indonesian Journal of Halal Research

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“…Pada gambar 6 menunjukan hubungan kata kunci yang didasarkan pada tahun terbitan dari aritkel tersebut. Berdasarkan hasil tersebut ternyata pembahasan terkait halal produk di tahun 2022-2023 (Akram, 2022;Al-Kwifi et al, 2022;Shah et al, 2022). membahas halal food, purchase intention, attitude, matrealism.…”

Section: Penelitian Selanjutnyaunclassified

Tren Penelitian Konsumsi Produk Halal di Dunia; dengan pendekatan Bibliomteric

Qolbi,

Atiya,

Rustanti

2024

JIEI

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Penelitian ini bertujuan memberikan analisis mendalam dan mengidentifikasi tren penelitian terkait penggunaan produk halal di seluruh dunia. Dengan meningkatnya populasi Muslim dan kesadaran akan pentingnya konsumsi produk halal, penelitian ini menyoroti urgensi mendalamnya penelitian, baik secara normatif maupun empiris, dalam konteks penggunaan produk halal. Metodologi yang digunakan melibatkan teknik analisis bibliometrik, yang mencakup deskripsi dokumen, klaster penelitian, serta pemantauan pembaruan dan saran penelitian masa depan. Penelitian ini juga menerapkan content analysis untuk menggali informasi yang relevan, menyajikan gambaran terperinci tentang tren penggunaan produk halal di berbagai benua. Temuan penelitian menunjukkan bahwa mayoritas benua mengalami peningkatan signifikan dalam penggunaan produk halal, memberikan wawasan mendalam terkait dinamika pasar global produk halal.

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“…Islamic principles guide the global halal economy (Akram, 2022(Akram, , 2020, whose economic value is more than 2.2 trillion USD (Dinar Standard, 2019). The growth of the halal economy has given birth to a wide range of halal products, including food and beverage, apparel, finance, travel and tourism, media and recreation, pharmaceuticals, and cosmetics (Izberk-Bilgin & Nakata, 2016).…”

Section: The World Halal Economymentioning

confidence: 99%

Challenges of Halal Standards and Halal Certification for Islamic Marketing

Islam,

Ab Talib,

Muhamad

2023

MBER

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Halal standards and certification continue to pose challenges for Islamic marketing. Resolving this is critical for the sector. This study uses the critical literature review (CLR) and systematic literature review (SLR) approaches by reviewing 76 published articles from Scopus-indexed journals between the years 2012 and 2023. Further, it analyses qualitative Quranic verses and content through the use of Stakeholder Theory (ST) and the ATLAS.ti qualitative data analysis software. Findings show that challenges facing halal standards and certification comprise heterogeneity, questionable raw materials, unethical practices, poor understanding of Islamic theology, communication gaps, acceptance variability, human resource management problems, supply chain obstacles, and improper Islamic marketing orientation. In addition to these common challenges, marketing problems, and poor brand positioning decisively hinder the growth potential of the halal industry. Importantly, the qualitative Quranic verses must satisfy Islamic scholars, certification boards, producers, halal marketers, and researchers to resolve the halal standards and certification-based challenges. All stakeholders must comprehend the insights arising from the general and special challenges facing the halal industry to synthesize the relevant and prescriptive Quranic verses as strategic tools. Stakeholders must further ponder future challenges regarding standards and certification on halal price, place, and promotion since current certification only focuses on products.

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Global Halal business: a sectoral analysis

Cited by 10 publications

References 0 publications

Portraits and Challenges of Indonesia’s Modest Fashion Industry on the Halal Industry Competition in the World

Portraits and Challenges of Indonesia’s Modest Fashion Industry on the Halal Industry Competition in the World

Tren Penelitian Konsumsi Produk Halal di Dunia; dengan pendekatan Bibliomteric

Challenges of Halal Standards and Halal Certification for Islamic Marketing

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