Islamic Banking and Finance Review, 3 (1), 29-49, 1437H/2016
29
Role of Islamic Financial Institutions in Promotion of
Pakistan Halal Food Industry
Syeda Hameeda Batool Gillani
Research Associate, Institute of Islamic Banking,
University of Management and Technology
Lahore, Pakistan
hameeda.gillani@umt.edu.pk
Farrukh Ijaz
Academics Officer, Institute of Islamic Banking,
University of Management and Technology
Lahore, Pakistan
Muhammad Mahmood Shah Khan
Director, Institute of Islamic Banking,
University of Management and Technology
Lahore, Pakistan
Abstract
alal has become a universal sign for quality assurance and standard of
living. The world market for halal goods and services is rising into
influential energy in the pitch of world commerce and finance. Halal
products industry have market share of over US$ 3 trillion annually, and rapid
growth is expected in forthcoming years. The aim of this study is to survey the
potential and expectations of Pakistani halal food producers, financial institutions,
government, NGO‟s and advisory services anticipate in promoting Pakistan halal
food industry as potential halal food hub. The study suggest that Pakistan have
abundant opportunities to unlock new business potentials by catering to the
financial assistance, government support and NGOs services to the halal
economy stakeholders. This study also explores upon the growth determinants
and prospects of the Pakistan halal industry that Islamic finance institutions,
government and NGOs offer to hold up businesses in the world halal industry.
Keywords: Islamic Finance, Halal Food, Government, NGOs, Pakistan
H
Gillani, Syeda Hameeda Batool., & Ijaz, Farrukh. (2016). Role of
Islamic Financial Institutions in Promotion of Pakistan Halal Food
Industry. Islamic Banking and Finance Review, 3 (1), 29-49. ISSN
2221-5239. © 2016