FBCCI, IOFS join forces to expand halal market opportunities

Reported By: ST Report Posting Time: 2023-08-21 22:16:10 Catagory: Business News
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FBCCI, IOFS join forces to expand halal market opportunities

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Islamic Organization for Food Security (IOFS) have set their sights on expanding the global Halal market together.
Both the FBCCI and IOFS have outlined their plans to enhance halal product availability and market penetration at a discussion meeting held at the FBCCI Icon in Dhaka today.
FBCCI President Mahbubul Alam said that the halal market is growing in both muslim and non-muslim nations. A significant share of the halal industry came from OIC member nations, which was worth $3.7 trillion in 2020, said a press release.