Push to Focus on the Halal Industry in Iran

Given the current sanctions targeting Iran’s oil sector, officials of the Institute of Standards and Industrial Research of Iran (ISIRI) propose the country should focus on elevating its rank within the global Halal industry.

Nayereh Pirouzbakht, Head of ISIRI, noted that currently, Iran holds only a very low share of the global export market for Halal products, which is valued at USD 700 billion per year.

In 2019, Iran exported USD 4.2 billion worth of Halal products despite the sanctions, implying that there is potential for the country to perform better.

An ISIRI official, Zhila Yazdani, further opined that Iran can potentially earn up...