Halal industry in ASEAN: issues and challenges

Amongst three Muslim majority countries (Indonesia, Malaysia, and Brunei) of ASEAN, Malaysia leads the halal industry globally and considered to be the global halal hub. Simultaneously, the market is growing tremendously in other member countries as well. It has been realized that a number of drivi...

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Main Authors: Abdullah, Moha Asri, Azam, Md Siddique
Format: Book Chapter
Language:English
Published: IGI Global 2020
Subjects:
Online Access:http://irep.iium.edu.my/78394/
http://irep.iium.edu.my/78394/1/78394_Halal%20industry%20in%20ASEAN.pdf
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author Abdullah, Moha Asri
Azam, Md Siddique
author_facet Abdullah, Moha Asri
Azam, Md Siddique
author_sort Abdullah, Moha Asri
building IIUM Repository
collection Online Access
description Amongst three Muslim majority countries (Indonesia, Malaysia, and Brunei) of ASEAN, Malaysia leads the halal industry globally and considered to be the global halal hub. Simultaneously, the market is growing tremendously in other member countries as well. It has been realized that a number of driving forces are responsible for boosting the expansion of Halal industry globally as well as in ASEAN. While there are a number of factors accelerating the growth of the Halal industry, there are many limitations and challenges that are hindering the market expansion. Therefore, this chapter introduces the overview of Halal industry globally as well as in ASEAN counties. The chapter explores the opportunities of the Halal industry for ASEAN counties followed by identifying the issues and challenges confronted by industry players. Finally, it concludes by providing some recommendations in the ASEAN context based on the current global situation and findings of the Halal industry. The chapter adopts methodology of analyzing secondary data.
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institution International Islamic University Malaysia
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language English
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publishDate 2020
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spelling iium-783942021-01-18T06:57:39Z http://irep.iium.edu.my/78394/ Halal industry in ASEAN: issues and challenges Abdullah, Moha Asri Azam, Md Siddique HB126.4 Islamic Economics HB71 Economics as a science Amongst three Muslim majority countries (Indonesia, Malaysia, and Brunei) of ASEAN, Malaysia leads the halal industry globally and considered to be the global halal hub. Simultaneously, the market is growing tremendously in other member countries as well. It has been realized that a number of driving forces are responsible for boosting the expansion of Halal industry globally as well as in ASEAN. While there are a number of factors accelerating the growth of the Halal industry, there are many limitations and challenges that are hindering the market expansion. Therefore, this chapter introduces the overview of Halal industry globally as well as in ASEAN counties. The chapter explores the opportunities of the Halal industry for ASEAN counties followed by identifying the issues and challenges confronted by industry players. Finally, it concludes by providing some recommendations in the ASEAN context based on the current global situation and findings of the Halal industry. The chapter adopts methodology of analyzing secondary data. IGI Global 2020-01 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/78394/1/78394_Halal%20industry%20in%20ASEAN.pdf Abdullah, Moha Asri and Azam, Md Siddique (2020) Halal industry in ASEAN: issues and challenges. In: Economics, Business, and Islamic Finance in ASEAN Economics Community. IGI Global, Hershey PA, USA, pp. 77-104. ISBN 9781799822578 https://www.igi-global.com/book/economics-business-islamic-finance-asean/235723 10.4018/978-1-7998-2257-8
spellingShingle HB126.4 Islamic Economics
HB71 Economics as a science
Abdullah, Moha Asri
Azam, Md Siddique
Halal industry in ASEAN: issues and challenges
title Halal industry in ASEAN: issues and challenges
title_full Halal industry in ASEAN: issues and challenges
title_fullStr Halal industry in ASEAN: issues and challenges
title_full_unstemmed Halal industry in ASEAN: issues and challenges
title_short Halal industry in ASEAN: issues and challenges
title_sort halal industry in asean: issues and challenges
topic HB126.4 Islamic Economics
HB71 Economics as a science
url http://irep.iium.edu.my/78394/
http://irep.iium.edu.my/78394/
http://irep.iium.edu.my/78394/
http://irep.iium.edu.my/78394/1/78394_Halal%20industry%20in%20ASEAN.pdf