KUALA LUMPUR, April 5 A Malaysia-based group is
drafting halal standards to give Muslim countries a framework to
regulate a $2 trillion global industry ranging from food to
The global halal industry is regarded as a vast but
difficult market with the substantial Muslim population
outweighed by the use of disparate sharia standards, differing
levels of development across Muslim countries and a lack of
The International Halal Integrity Alliance is working on
guidelines relating to the use of sharia-compliant
pharmaceuticals, finance and processed food which would be
completed by year-end, its chief executive officer Darhim Hashim
"We, as Muslims, are not in control of the supply chain," he
said on the sidelines of a halal forum.
"We cannot say that we can accept everything that comes into
the country is halal so at the very basic level is some kind of
import regulation. That in return leads to a standard."
Darhim said the alliance has published seven other standards
which include the regulation of sharia-compliant restaurants,
cosmetics, lab testing and animal slaughtering which have been
ratified by the Islamic Chamber of Commerce and Industry, a
grouping of 56 Islamic countries.
The alliance's members include certification bodies from
Europe, India, the Phillipines, Cambodia and Australia.
The halal industry has been overshadowed by the Islamic
finance sector in recent years as the petrodollar boom sparked a
rush for sharia-compliant assets. But the large global Muslim
population is seen as offering growth opportunities for the
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(Reporting by Liau Y-Sing; Editing by Kim Coghill)