Halal industry in ASEAN: issues and challenges

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

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Abstract

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.

Item Type:	Book Chapter
Additional Information:	5010/78394
Uncontrolled Keywords:	ASEAN, Halal industry
Subjects:	H Social Sciences > HB Economic Theory > HB126.4 Islamic Economics H Social Sciences > HB Economic Theory > HB71 Economics as a science
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Prof. Dr. Moha Asri Abdullah
Date Deposited:	01 Jul 2020 09:49
Last Modified:	18 Jan 2021 14:57
URI:	http://irep.iium.edu.my/id/eprint/78394

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