LAHORE: Pakistan has the capacity to become Kitchen of the World for Halaal products as it has a huge potential to win a major share out of total $3 trillion Global Halaal market.
This was stated by Mufti Ahsan Zafar, country representative of South Africa National Halaal Authority (SANHA) while giving a presentation on “Halaal—the source of Economic Growth” here at the Lahore Chamber of Commerce and Industry on Thursday.
LCCI President Engineer Sohail Lashari in his opening remarks threw light on LCCI endeavours for cause of Halaal exports. LCCI Senior Vice President Mian Tariq Misbah, Executive Committee members Mian Zahid Javaid Ahmad, Talha Tayyab Butt and Nasib Ahmad Saifi also spoke on the occasion.
Mufti Ahsan Zafar said that it was very unfortunate that all the top ten exporting countries of the Halaal products are non-Muslim states. He said that it was heartening to note that even the non-Muslims have recognized Halaal food the safest food for consumption.
He said that there was a strong need to develop standard of Halal products, which will boost our exports especially in the Middle East and Europe,”
“We possess all imperative elements for Halal products’ production and have to streamline them to meet the demand of the market,” he added.
“Demand for Halaal food products is increasing rapidly with the escalating population growth rate and socio-economic conditions.”
He said that the promotion of Halaal exports would also open up new economic opportunities and employment for the youth and traders.
Speaking on the occasion, the LCCI President Engineer Sohail Lashari said that producers outside the Muslim world, from Brazil to the U.S. and Australia, are performing well into the Halaal market and doing a roaring business despite the fact that the concept of Halaal entirely belongs to Muslims.
He said the industry is expected to double in terms of value within five years. “So we think there is a lot of opportunity… and we need to capitalize on this.”
He said Malaysia exported $9.8 billion worth of Halal products in 2013. That makes it one of the largest suppliers in the Organization of Islamic Cooperation (OIC).
The LCCI President said that the Lahore Chamber of Commerce and Industry was doing the needful for the promotion of Halal products but the government would have to come up with a package of incentives so that good quality Halal foods could be exported from Pakistan.
The post Pakistan can become Kitchen of World for Halaal products: Ahsan Zafar appeared first on Pakistan Press International.