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Global halal markets worth US$1 trillionGlobal halal markets worth US$1 trillion

There is more than US$1 trillion worth of demands or markets for halal products, which comprise not only foods but other products, which will give opportunities to the Muslims to play a role in the world economy.


Chief Minister Pehin Sri Haji Abdul Taib Mahmud pointed out that in some countries, this might provide opportunities to the Muslims to help their own businessmen to get good credible recognition for the halal products they manufactured.“Many more opportunities can be created from the halal industry but we need to be organised to grab the opportunities.

The leadership, the organisation and the size and quality of people involved will determine the trust of the Muslims in other countries“Overall, I would say we have a future ahead of us. It is not what we can regard as fear or threat. It is the future to be conquered by our positive effort and our explanation of what Islam really teaches us to do – to be a good citizen, to make peace and to encourage better development of society through the distributiontion of knowledge,” he said.

Taib was speaking at the opening of the 15th Regional Islamic Dakwah Council of Southeast Asia and the Pacific Region (RISEAP) at Riverside Majestic Hotel here, yesterday.He pointed out that the Muslims had been left behind for 200 years at least in the areas of technology, science and economics.  “But it is changing slowly if we see the trend in the world and the world is coming to a position where the role of Muslim businessmen, bankers and leaders is generally going to be easily recognised quite positively.  “With this trend we can play a role in making sure that the community, no matter how small, within our area can look positively to the future and that is the idea why we should interact with each other much more,” he said.

The Chief Minister said those in the old established Muslim community in South East Asia,  namely, in Indonesia, southern Thailand, Malaysia, Singapore  and Southern Philippines, has in fact felt it was quite important that they should not forget the fate of the Muslims who were striving to progress and  live  according to their conviction in other countries.Taib, who is also  RISEAP President, said RISEAP policies from the very beginning were  to help the least size Muslim communities in the Pacific to stand on their own feet, and  most of its policies were to help them to understand the religion.

“But we do not stop there. In some of the areas where the number of Muslims is so small and trying to reach a number where building a mosque is becoming urgent, we try to help them. In fact, RISEAP’s policy is to give that as its next top area where it can play a role,” he explainedHe called on member associations to see what they could do in their respective countries and try to work out the priorities that could be allocated to them.He said as Muslims were becoming more independent and their number was growing in their respective countries, they would be judged by their ability to manage themselves.The first thing they could do was to make sure that there was a focal point to which they could resort to assess what they could do, namely, to introduce al-zakat scheme, he added.

“I am very happy that Australia and New Zealand have adopted the scheme and now I am glad to announce that our brothers from Hong Kong are going to establish their own baitulmal which should be the precedent of a more planned effort to build up a Muslim community.“I do believe that this is the whole pattern of our development for at least the next 10 years.

I also believe that there is a lot for us to think about and see whether or not joint-effort and joint-sharing of experience can lead us towards a much more constructive Muslim community all over,” said Taib.At the function, the Chief Minister launched a book “Exploring Islamic Belief Across Cultures” written by Ridzuan Wu, the Deputy President of RISEAP.

  • MrRexRedux

    islam is a pointless, cruel ideology founded on the narcissism and hate of one


  • Subramaaniyam Selva

    nor sell My Signs (verses) for a small price ….

  • That is a LOT of money, I doubt the Catholic Church rakes in that much money.

    And I know some Muslims tell me that the Christians are a greedy Religion.