Overview of the Global Halal Industry and Halal Tourism

The global Muslim population is growing at a rate of 3% per annum with an approximate total of 1.8 billion Muslims. This number will go up to 2.2 billion by 2030. Meanwhile, the trend of globalisation has become a giant pillar for economies and industries. This is supported by the existence of each Muslim in every corner of the world from East to West. On the other hand, cultural globalisation among religions, ethnicities, and countries is also a noteworthy phenomenon in terms of the global halal industry’s perspective.

These facts and figures have set the stage for greater opportunities for the global halal industry. The global halal industry is also riding the boom and showing double-digit growth, with a CAGR of 23% of the global halal industry having a value of $560 billion...