state of the global islamic economy report 2015/16

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THE DIGITAL ECONOMY BREAKDOWN

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

An overview by: Shaima Hasan Research & Product Development Manager– Thomson Reuters October - 2015

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

Definition | Market Size Estimates | Landscape & Trends |

Key Market Players| Gaps & Opportunities

AN INDEPENDENT GLOBAL STUDY AND ANALYSIS

STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

DEFINITIONS

The Global Islamic Economy Indicator (GIEI) is a composite Index that presents the current development health of Islamic

economy sectors across 73 core countries

Global Islamic Economy Sectors

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

Muslim countries of the world represent more

than $7 trillion current GDP in 2014

1.7 billion Muslim

population growing at a faster pace than the

global population stretch from Indonesia in the east to Turkey in the west with the Arabian Gulf states at

their centre.

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

Driven by growing demand, the Halal food market continues to build its momentum across the global food supply chain

the potential core Halal food market to be 16.7% of global expenditure

in 2014.

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16 Global Muslim consumer spending on food & beverage at $1,128 billion (17% of global expenditure)

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

Malaysia, Pakistan and UAE lead the Halal Food indicator

In Malaysia, Nestle Malaysia have become the biggest producers of Halal products in the world. In USA, Saffron Road with its Halal

and organic produce has become a global model of success

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16 Top 10 Countries in Halal Food

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16 Key Market Players in Halal Food Sector

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

The struggle for Halal food standards & accreditation, more education requirements, the recent ban on Halal & Kosher slaughter in Denmark along with scare stories about Halal food in Europe & USA media are key challenges in Halal food industry

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

Muslims are influencing pharmaceutical & Cosmetics by their significant purchasing power

the potential core Halal pharmaceutical & Cosmetics market to be 7% of global

expenditure in 2014.

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

Singapore, Egypt and Malaysia lead this year’s Halal Pharmaceuticals and Cosmetics Indicator ranking

Malaysia will produce the first Halal vaccine in collaboration with a company from Saudi Arabia, a Brazilian company is introducing

Halal skincare for diabetics and ESMA has launched its Halal mark for certification of Halal cosmetics.

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

Key Market Players in Halal Pharma & Cosmetics Sector

THE STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2015/16

A key challenges is to get funding for research & development, Muslims are not properly trained in good manufacturing practices & there is use of ingredients in Pharmaceuticals and Cosmetics that can be toxic to humans

GIEI ONLINE MODEL

http://www.zawya.com/giei/

DOWNLOAD: www.zawya.com/ifg-publications