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Malaysia Set to Help Others Build Halal Ecosystem
Malaysia is ready to assist and collaborate with other countries to build a robust halal ecosystem and collectively tap into this economic opportunity.
Duopharma Biotech Sees Promising Collaboration Opportunities in Qatar
Duopharma Biotech foresees collaboration opportunities in Qatar to advance Halal pharmaceuticals, emphasizing global integration and healthcare enhancement.
China’s Burgeoning Halal Trade: Implications for the Arab World
China is emerging as a major player in the global halal market, expanding its influence in halal goods, pharmaceuticals, and food industries, but faces challenges in halal certification legitimacy.
HDC Malaysia Calls for Expansion of its Halal Pharmaceutical into MENA Region
The CEO of HDC noted that by collaborating with the Islamic Development Bank, Malaysia could boost its halal pharmaceutical output to US$5.9 billion by 2030 and successfully enter the Middle Eastern market.
Study Assesses Health Care Providers’ Knowledge, Attitudes, Perception Regarding Halal Pharmaceuticals
The study highlights the importance of providing targeted education on halal pharmaceuticals to fill knowledge gaps and foster culturally sensitive health care.
Halal Horizons: Future of Pharmaceutical Science at Taylor’s University
Taylor’s University’s programme teaches students to uphold halal practices in the cosmetic industry, preparing them for the expanding halal pharmaceutical sector.
Unleashing Potential: The Rise of the Global Halal Market
Experience the exponential growth of the global halal market, projected to reach $7.7 trillion by 2025. This surge is driven by sectors such as Islamic finance, food and beverage, pharmaceuticals, and more. With consumer spending on halal products expected to hit $2.4 trillion in 2024, the halal industry presents a promising economic sector for investment. Join us in this journey as we explore the untapped potential of the halal market
Unlocking the Halal Goldmine: Invest in the Philippine’s Thriving Halal Market
Philippines aims to become a premier halal hub by 2028, tapping into the $7.7 trillion global halal industry. The strategic plan includes increasing halal-certified products and generating PHP230 billion in domestic halal sector investments. This presents a thriving market for investors, with potential for significant domestic growth and job creation.
Halal Horizons: A Global Convergence at the Makkah Halal Forum
The Makkah Halal Forum, organized by the Islamic Chamber Halal Services and Manafea, is a pioneering event aimed at revolutionizing the global Halal Market. The forum will host workshops, panels, and exhibitions to address critical issues in the Halal economy and meet the needs of Muslim consumers. This 3-day event promotes cross-sector collaborations and drives the growth of the Halal market globally.
Duopharma Biotech: A Beacon of Innovation in Malaysia’s Healthcare Landscape, Celebrated by Frost & Sullivan
Duopharma Biotech Berhad, a pioneer in halal pharmaceuticals, was named the 2022 Malaysian Company of the Year. They’ve made strides in biosimilars, notably with ERYSAA® for anemia in kidney disease. With high customer satisfaction and a diverse portfolio, they’re setting industry standards.
State of the Global Islamic Economy Report 23/2024: A $142 Billion Opportunity
The halal pharmaceutical industry is experiencing significant growth, with Muslim consumer spending projected to reach $142 billion by 2027. Strategic partnerships, government initiatives, and advancements in AI are driving this expansion. The industry presents promising investment opportunities for sustainable growth.
Rising to Global Prominence: The Evolution and Impact of Malaysia’s Halal Pharmaceutical Industry
Under the guidance of Jakim and NPRA, Malaysia’s halal pharmaceutical industry has seen significant growth. Despite challenges in global expansion, it continues to innovate and thrive. Backed by key players and government initiatives, it positions itself as a leader in high-quality halal medicines.
Capitalizing on Halal Pharmaceuticals: The Billion-Dollar Path to Ethical Healthcare
Venturing into the halal pharmaceutical market, valued at USD 151.5 billion by 2027, offers a lucrative opportunity for ethical healthcare. Despite challenges like standardized regulations and consumer trust, it paves the way for a more inclusive healthcare landscape for all.
Halal Development Corporation Berhad, SOLV Malaysia Unite to Help Medium-sized Enterprises Access RM2.67 Billion Halal Fund
This collaboration simplifies financing processes and promotes SMEs' growth and sustainability.
Saudi Arabia, Singapore Ink Deal on Mutual Recognition of Halal Certificates
The agreement guarantees the acknowledgment of locally exported products by both parties and facilitates the sharing of expertise and knowledge in training, research, and laboratory analysis for halal products.
Turkey to Host World Halal Summit, OIC Halal Expo
The 9th OIC Halal Expo will feature 500 exhibitor from 40 different countries, and over 40,000 attendees.
Philippines to Launch National Halal Strategy
The plan aims to generate $4 billion in trade and investments in all halal sectors including halal food, Islamic finance, halal-friendly travel and tourism, modest fashion, halal pharmaceuticals, and cosmetics.
Saudi Awards Halal Certificates to More Than 219 Facilities
The certificates have been granted by the Halal Center of Health Sector Transformation Program, a key initiative under Saudi Arabia’s Vision 2030, affiliated with the Saudi Food and Drug Authority (SFDA).
The Alleged Halal Conspiracy at the Heart of the Menendez Corruption Scandal Had Many Victims
Halal certification is a complicated, sacred process and for years, people have raised concerns about Wael Hana’s rapid success in the industry.
Malaysia is a Paragon of a Thriving Halal Industry. Here’s Why.
Malaysia has topped the world in the Global Islamic Economy Indicator (GIEI), according to DinarStandard’s State of the Global Islamic Economy Report 2022.
In conversation with Hairol Ariffein Sahari, CEO – Halal Development Corporation
Salaam Gateway interviews Hairol Ariffein Sahari, chief executive officer of Halal Development Corporation, Malaysia's government-backed agency, mandated to develop the country's integrated halal ecosystem.
VP Tries to Lure Shanghai Businesses into Indonesia’s $135b Halal Industry
Vice President Ma'ruf Amin meets Shanghai Mayor Gong Zheng in Shanghai, China, on September 19, 2023.
Russia’s Sberbank to Launch Islamic Banking
Sberbank, Russia’s largest bank, announces plans to implement Islamic banking regulations in the country’s traditionally Muslim areas
BRICS expansion: What’s in store for the global halal industry?
The expansion is poised to have significant economic and geopolitical implications, particularly in the halal industry and global trade dynamics.
Duopharma Biotech Applauded by Frost & Sullivan for Providing Innovative Healthcare Solutions in the Malaysian Market
The worldwide pioneer in the research and development of halal pharmaceuticals is expanding and improving its Halal portfolio to differentiate itself from competitors.
Duopharma to Expand Portfolio Diversity Including Halal Pharmaceuticals
Duopharma Biotech Bhd has reaffirmed its commitment to expanding its portfolio diversity, including halal pharmaceuticals and plant-based products, and growing its product availability and affordability.
Malaysia Invites Mindanao to International Halal Showcase
Malaysia and the Philippines are looking further into developing halal trade investment portfolios, especially in Mindanao.
How Can Halal Certification Help You Grow Your Supplements Business?
Halal certification has helped companies access and gain market share in Muslim-majority countries.
Malaysia: Building Local Halal Champions
Malaysia to compete globally in the growing halal industry by building a strong halal ecosystem, including infrastructure, regulation, and industry expertise, through collaboration between public and private sectors.
MIHAS 2023 to Capitalize on Global Halal Economy
The showcase is positioned to capitalize on the expanding global halal market, which is expected to exceed US$5 trillion by 2030.
Celularity and CH Trading Group Announce Product Distribution Agreement with Tamer Group to be the Exclusive Distributor for the Kingdom of Saudi Arabia
Tamer Group will be the exclusive distributor of the Celularity branded biomaterial products in Saudi Arabia, opening access to Celularity’s Halal-Certified regenerative biomaterial, health and wellness products.
Medytox to Build BTX Plant in UAE
Medytox said it will become the first Korean company to build a halal certified botulinum toxin finished product factory overseas.
Duopharma is First in Malaysia to Receive Halal Certification for Oncology Product
In December 2022, Duopharma Biotech Bhd made history by becoming the first pharmaceutical company to receive halal certification for an oncology product.
Indonesia’s BPJH grants Halal Certification for the COVID-19 Vaccines: Sinovac, Zifivax, Merah Putih Vaccine, and Indovac
Sinovac was the First Covid-19 Vaccine to be Halal-Certified by BPJH in April 2021 followed by Zifivax, Merah Putih Vaccine, and Indovac.
Saudi PIF Launches New Firm to Localize Halal Production Industry
he new company aims to promote the localization of the halal production industry in the Kingdom by leveraging local knowledge, technology, and innovation to develop halal products.
Pharmaniaga’s World First Halal Vaccine and Insulin Plants Construction Nearing 90% Completion
Pharmaniaga Berhad, is working towards building the world's first Halal vaccine and insulin plants.
Walvax and Abogen Granted Indonesian Emergency Use Authorization for the SARS-CoV-2 mRNA Vaccine (AWcorna)
The vaccine has obtained halal certification and can be used either as a primary or booster dose.
BPOM Assures All Domestically Made COVID Vaccines are Halal
The Head of the National Agency of Drug and Food Control (BPOM), Penny K. Lukito, has announced that all three Indonesian manufacturers of COVID-19 vaccines have obtained halal certificates from the relevant authority.
Duopharma to Distribute Halal Anti-Hair Loss Products
Duopharma distribute a range of halal-certified anti-hair loss products under the Iroro brand in Malaysia.
Pharmaniaga, and Ronnsi Pharma Partnership to Commercialize Malaysia’s First Halal Blood Anti-coagulant
Pharmaniaga Berhad, a leading pharmaceutical group in Malaysia, has partnered with China's Suzhou Ronnsi Pharma Co., Ltd. to distribute a halal ovine (sheep) anticoagulant in Malaysia.
Innovent and Etana Jointly Announce the Approval of Bevagen® (Bevacizumab Biosimilar)
The joint venture announced that the Indonesian Food and Drugs Authority (BPOM) had approved Bevagen®, a recombinant humanized anti-VEGF monoclonal antibody drug.
UAE’s Prime Healthcare Wants to Make a Breakthrough into Halal Pharmaceuticals
Prime signs up with Malaysia’s Pharmaniaga to sell halal-labelled medicines in UAE.
The State of the Islamic Economy Report 2021-2022
The report covers the latest trends and developments in the global Islamic economy and provides insights into key markets and consumer behavior in various fields including Halal cosmetics and pharmaceuticals.
Halavet Food Aims to Export $100 Million of Gelatin Collagen in 2022.
Halavet strives to double Turkey’s gelatin exports by expanding into the North American markets.
South Korea’s Pharma Sector Probes Halal Market with Indonesian Partners
CKD OTTO Pharmaceuticals a Korean/ Indonesian joint venture has established a halal-certified plant for producing anti-cancer drugs, and became the first oncology manufacturer in Indonesia to obtain halal certification
Merck to Support SaudiVax in Becoming First Developer and Manufacturer of Halal Vaccines and Biotherapeutics in Saudi Arabia
The project aims to support the localization of biologics and vaccine production in the region by developing a state-of-the-art manufacturing facility.
UAE Scientists Launch Animal Study in Quest to Help Treat Covid in Humans
amples from 18 species including lions, tigers, gazelles and cats could help doctors treat infected patients.
South Korea’s Daewoong Pharmaceutical will Collaborate with Indonesia’s National Institute of Health and Technology Development (NIHRD) on the development of COVID-19 treatments
The partnership aims to accelerate the development of effective COVID-19 treatments to help combat the pandemic.
Duopharma Expands its Halal Nutraceuticals
Duopharma is entering a joint venture with Bangladeshi pharma players to develop halal-certified medicines.
Turkey to produce Russia’s Sputnik V COVID-19 vaccine
Turkish pharmaceutical firm Viscoran İlaç is producing Russia’s Sputnik V COVID-19 vaccine.
Duopharma Biotech Sets out to Expand Health and Beauty Range
Launch of Flavettes Effervescent Glamz - Duopharma Biotech Berhad to Launch of Flavettes Effervescent Glamz.
AstraZeneca And Sunway Launch Malaysia’s First Health Innovation Hub
the hub aimes at improving the treatment of non-communicable diseases.
G42 Announces New Joint Venture with Sinopharm CNBG to Produce Hayat-Vax Vaccine in the UAE
Hayat-Vax will be the first COVID-19 vaccine to be produced in the Arab world.
Bio Farma has been playing a crucial Role in Indonesia’s Vaccination Efforts
Indonesian state-owned pharmaceutical company Bio Farma has been producing the CoronaVac COVID-19 vaccine under a license from Sinovac Biotech.
Malaysia’s Pharmaniaga to make pneumococcal vaccine, will seek JAKIM halal certification
Pharmaniaga's subsidiary, Pharmaniaga Lifescience (PLS), will market, distribute and sell the product exclusively in Malaysia, and it will be halal certified by JAKIM.
Duopharma, Introduces Its Second Oncology Drug to Treat Chronic Myeloid Leukemia
The new anti-cancer drug is a significant addition to the company's growing portfolio of halal-certified pharmaceutical products..
Abdi Ibrahim Purchased OM Pharma’s Shares
he leading Turkish pharmaceutical company Abdi Ibrahim purchased 28.5 per cent of the shares of the Swiss biotech company OM Pharma for TL 4.2 billion (USD 530 million), making it the company’s second-largest shareholder.
World’s First Halal Biosimilar to Be Produced in Malaysia
Malaysia's VentureTECH, Duopharma Biotech Bhd, and PanGen Biotech from South Korea join hands to establish a commercial biosimilar production center in Malaysia.
Daewoong Infion Achieved Halal Certification for their Diabetic Foot Ulcer Drug, Easyef
Daewoong Infion obtained marketing authorization from the Indonesian National Agency of Drug and Food Control (BPOM) and successfully obtained Halal certification in just 2 months.
AJ Pharma Developing the World’s First Halal Vaccines
The company is currently developing the world's first halal-certified meningococcal vaccine (MCV4), which began phase I in late 2016.
Sungwoon Pharmacopia & Kimia Farma Seek Halal Certification for Nine Active Pharmaceutical Ingredients
South Korea’s Sungwoon Pharmacopia, through a joint venture with Indonesia’s PT Kimia Farma Tbk, is seeking halal certification for nine active pharmaceutical ingredients (APIs).
Saudi ‘World’s Largest’ Centre for Halal Food & Products
The halal center will focus on research and development to develop high-quality halal products, including food, cosmetics, and pharmaceuticals.
Daewoong Infion: Epodion Halal Certified, First Animal Cell Biopharma
Daewoong Infion is leadind leading the Indonesian erythropoietin product, and aims to enter the Middle East drug market using halal certification from Indonesia, the largest Muslim country.
Iranian Global Medicine Giant CinnaGen Opens $100M Biotech Plant in Çerkezköy Turkey
The plant includes a research and development (R&D) facility for biopharmaceuticals as well as manufacturing capacity for local and international markets.
Bio Farma Looks to Develop Halal MR Vaccine
Indonesia's state-owned PT Bio Farma is planning to develop a halal measles-rubella (MR) vaccine.
CinnaGen Obtained Halal Certification for its Medicinal Products
The Iranian biopharmaceutical company can now manufacture halal certifies medicinal products.
UAE Researchers Seek to Extract Halal Gelatin from Camels
Researchers at UAE University are looking into extracting gelatin from camel skin as a halal alternative to traditional gelatin.
Launching the Iranian Medicine “CinnoRA”, a Humira Biosimilar
CinnoRA is a Humira biosimilar which is the top selling Monoclonal Antibody.