Halal products – which meet Islamic standards – have a very promising economy futureaccording to a US-based economist.
Most of Halal economy” he is in Finance sector, but non-financial part should also That Muhammad Kabir Hassan, an economist, expand at the university of New Orleans, to Anadolu Agency (AA).
“It’s 6 trillion dollars worth economy But the majority of It is Islamic financing – about 4 trillion dollars (75 trillion TL). So, we really are need To expand the non-financial part of Halal economy,” He said.
Halal economy It is a larger concept that covers many fields such as textiles, cosmetics and medical products out.
the benefits of Halal products and services should It is advertised on peoplehe is added.
Regarding Turkey’s position, he said: The Turkish solution economy Maybe role model for the rest of Muslim world. “
he is also He said Turkey has a very diverse group economyThousands are issued of 200 different countries products
Turkey is rich history“And a very dynamic leader,” noted the economist, and said, “The Islamist world Really lacks leadership, there really aren’t many leaders like (President Recep Tayyip) Erdogan.”
mentions the state new economic model Based on on He said that investment, production, employment and export model It must be integrated with Concept of Islamic finance and halal economy.
“we need To go to zeroInterest-based financing added.
He criticized existing old economic policies and said, “Wherever inflation is upyou increase interest rate. Yes, bring down inflation, but you also End up with stagnation.”
“And then you reduce interest rate againthen economy he goes upSo this is a temporary solution.
Halal on a global level events
The Eighth World Halal Summit and the Ninth Organization of The Halal Exhibition of the Organization of Islamic Cooperation (OIC) was held recently on November 24-26 in Istanbul with Officials are wading into measures to expand prosperity global market for Halal products.
in read message out at the opening ceremony for The eventsPresident Erdogan praised the halal market is growing international the fame. Its influence, he said, extends far beyond that just Muslims for every person looking for high quality products and services.
“Halal market, which has gained importance in The global competitor environmentIt has become a sector favored not only by Muslims but also by Muslims also by all consumer groups with Erdogan stressed its clean, healthy and reliable products and services.
