Istanbul to host World Halal Summit, 9th OIC Halal Expo | MENAFN.COM

Tuesday, 06 December 2022 05:53 GMT

Istanbul to host World Halal Summit, 9th OIC Halal Expo


(MENAFN) On Thursday, the 8th World Halal Summit and the 9th Organization of Islamic Cooperation (OIC) Halal Expo is going to launch in Turkey, Istanbul.

The two main meetings on the worldwide market for outputs and facilities under the rules of Islamic guidelines (known as halal) are going to witness the attendance of almost 500 exhibitors from 40 nations.

The four-day occasions, for which Anadolu Agency is the international communications associate, are estimated to hold an amount of 40,000 guests, 9,000 of whom are foreigners, which also involves administrators.

The expo, believed to the most vital commercial collaboration platform on the halal market, targets to make Turkey the center of the halal market of higher than USD7 trillion.

"The market is expected to reach USD10 trillion in the next five years. The halal economy will shape the global market in the near future," as stated by Yunus Ete, the chief of the World Halal Summit council.

The OIC Halal Expo, themed for a Maintainable Trade: Explore All the Aspects of the Growing Global Halal Industry, is going to hold a meeting with industry officials from numerous regions including cosmetics, textiles, finance as well as tourism, and of course mainly food.

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