Innovation

Amaf to position Dubai as the centre of the halal market

halal

Awqaf and Minors Affairs Foundation (Amaf) intends to build a business model to position Dubai as a hub for the rapidly growing Islamic halal market as part of its strategic plan for 2013-2016.

“As one of the early outcomes of our strategy for the next five years, the Foundation recently launched ‘Noor Awqaf’ in cooperation with the Noor Investment Group. The halal industry, valued at $2.1 trillion globally, is one of the Islamic sectors targeted by Noor Awqaf.

As part of this objective, Noor Awqaf intends to build a business model to position Dubai as a halal centre that facilitates and adds value to the globally expanding market force — in food, pharmaceutical, cosmetic, additives, ingredients, as well as lifestyle and services sectors.” Tayeb Al Rais, Secretary General of Amaf said.

Originally posted here:

Amaf to position Dubai as the centre of the halal market

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