* Date : 2016-09-01
The Halal Market Expands to the Finance Sector!
The world's Muslim population is expected to grow to 1.9 billion by 2020 and 2.2 billion by 2030, accounting for 26.4% of the global population. Accordingly, domestic corporations are focusing their attention on the Halal industry. According to the Korea Halal Authority, the Halal industry is expected to grow in size from 3.2 trillion dollars in 2014 to 5.2 trillion dollars in 2020. The Halal trend is focused mostly on food currently, but cosmetics, medical products, tourism, finance and media are all within its circle of influence. We took a look at the Halal market and how it's becoming a breakout export route.