ASEAN COMMUNITY OF ENTREPRENEURS
COVER STORY
showed there are already 514 halalcertified companies.
A study conducted by the Dubai
Chamber of Commerce and Industry
showed that the global halal market is
projected to grow to US$1.6 trillion by
2018. Of this amount, halal food trade
alone contributes US$630 billion.
limited by guarantee that MUIS
formed in 2014 to strengthen its halal
inspection arm.
In the same year, just over S$4
million (US$2.95 million) in income
was derived from halal certification
in Singapore – up from S$2.98
million (US$2.19 million) in 2013,
SINGAPORE EXPERIENCE
With stringent food safety and its
widely recogni