The year 2019 has been good for the Takaful in Pakistan. This is evident from the performance of the Takaful Industry. The annual gross contribution of the Takaful Industry has risen to Rs.10.98 billion in 2019 registering an increase of 27%, over the previous year (2018: Rs. 8.65 billion). The encouraging growth in contribution speaks itself that the Takaful is gaining strengthen in Pakistan where interest based insurance and banking …
Read More »How Pakistan can be a hub of trade of Halal food products?
Halal food is often used in reference to foods and drinks, which are permissible for Muslims to eat or drink under Islamic law or in other words Halal is any object or an action which is permissible in Islam. The criteria specifies both what foods are allowed, and how the food must be prepared under the law of Islam. These foods include types of meat and animal tissue. The …
Read More »Fast-expanding Halal food market
One amazing aspect of capitalism is that markets operating under this system harbor no biases; they are commercial to the core. With too many loose ends of capitalism showing off in the last three decades, the world at large hardly desisted from embracing Islamic finance. Same is the case with Halal food industry, which has grown worldwide at an amazing pace. According to the Dubai Chamber of Commerce and …
Read More »The ultimate fate of growing global market for halal food
The existing size of Muslim population around the globe and its faster growth rate but more importantly superior quality standards of Halal food are responsible for enormous growth of Halal food market. Apart from Muslim countries many non-Muslim countries now share significant percentage of global trade of Halal food. The factors driving global Halal food trade include: 1) growth in Muslim population, the primary market for Halal food, 2) …
Read More »Anis Associates aiming high to become Pakistan’s first fully integrated halal firm
Interview with Mr. Nasib Ahmed Saifi – CEO, Anis Associates PAGE: Tell me something about your organization: NASIB AHMED SAIFI: Anis Associates (Pvt) Ltd started functions in 2002 and is located in 4 K-M Raiwind Manga Road, Distt. Kasur, Pakistan, with an aim to become Pakistan’s first fully integrated Halal Meat Company. Anis Associates (Pvt) Ltd is a leading and innovative supplier of top quality red Halal meat products …
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