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Philippines Shines at Halal Expo Canada 2024, Showcasing Halal Industry Potential

2024-06-03 by Aamer Yaqub

The Philippines made an impressive debut at the Halal Expo Canada, held from May 8 to 9 at the International Centre, showcasing the country’s dynamic Halal industry and its significant investment potential. This premier event, recognized as North America’s leading Halal industry trade show, provided a vital platform for the Philippines to highlight its burgeoning Halal sector and foster business-to-business (B2B) connections.

Philippines’ Halal-Friendly Campaign

The Department of Trade and Industry (DTI) spearheaded the Philippines’ participation with its Halal-friendly Philippines campaign. Leem Siddiqui Guiapal, DTI-Halal Industry Development Program Manager, presented a comprehensive overview of the Philippines’ diverse Halal ecosystem, which extends beyond food to include Islamic finance, tourism and recreation, pharmaceuticals, cosmetics, and modest fashion.

“This encompasses Islamic finance, tourism and recreation, pharmaceuticals, cosmetics, and modest fashion,” Guiapal noted in a press statement.

Trade Disparities and Opportunities

Guiapal highlighted a notable gap in the Philippines’ Halal trade. In 2022, the country imported USD 120 million worth of Halal products, primarily dairy products, beef, poultry, and glucose syrup. This substantial import figure underscores the untapped potential for boosting Halal exports and achieving a more balanced trade landscape.

Guiapal also positioned the Philippines as a premier Halal-friendly hub in the Asia-Pacific region, outlining the Philippine Halal Industry Roadmap which aims to promote the country as a gateway hub within the region.

Strategic Positioning in the Asia-Pacific

Guiapal emphasized the Philippines’ strategic plans and commitment to becoming a key player in the global Halal market. The Philippine Halal Industry Roadmap aims to position the country as a central hub in the Asia-Pacific region, leveraging its diverse Halal ecosystem to attract international trade and investment.

Prominent Participation and Support

Philippine Consul General Angelica Escalona, alongside DTI Foreign Trade Service Corps Trade Attaché Mario Tani and Halal Expo Canada representative Nasser Deeb, arranged several factory and company visits to Halal-friendly establishments. These visits underscored the potential for Halal trade in non-Muslim markets, highlighting the country’s readiness to meet global Halal standards and attract international investments.

The Philippine delegation included Atty. Lanang T. Ali, Jr., Deputy Speaker of Parliament from the Bangsamoro Autonomous Region in Muslim Mindanao, representatives from the Islamic Da’wah Council of the Philippines, and various Filipino companies. Their participation underscored the government’s support for expanding the Halal industry.

Expo Highlights and Future Prospects

The Halal Expo Canada, now in its fourth year, continues to foster significant business connections within the Halal industry. The event provided a crucial platform for the Philippines to showcase its Halal industry’s growth and investment opportunities, aligning with global trends and demands.

Guiapal’s presentation at the expo highlighted the Philippines’ strategic plans and its commitment to becoming a significant player in the global Halal market. By promoting a diverse Halal ecosystem, the country aims to open doors for increased trade and investment, positioning itself as a key player in the Asia-Pacific region.

The expo showcased the Philippines’ efforts to tap into the growing Halal market, emphasizing the country’s readiness to meet global Halal standards and attract international investments.

Looking Ahead

As the Philippines continues to develop its Halal industry, the focus remains on enhancing the country’s competitive edge and fostering sustainable growth. The participation in Halal Expo Canada marks a significant step towards achieving these goals, highlighting the Philippines’ potential to become a major hub for Halal trade and investment in the Asia-Pacific region.

The Philippines’ debut at the Halal Expo Canada underscores its burgeoning Halal industry in Canada, offering vast opportunities for trade and investment. With strategic initiatives and strong government support, the country is well-positioned to capitalize on the growing global demand for Halal products and services.

Key Takeaways

  • The Philippines showcased a diverse Halal ecosystem at the Halal Expo Canada.
  • Significant trade opportunities exist, particularly in balancing imports and exports.
  • The country aims to become a premier Halal-friendly hub in the Asia-Pacific region.
  • Government support and strategic plans are driving the Halal industry’s growth.
  • The expo emphasized the Philippines’ readiness to meet global Halal standards.

This comprehensive approach reflects the Philippines’ commitment to becoming a major player in the global Halal market, paving the way for increased trade and investment in the Halal industry in Canada.

Author

  • Aamer Yaqub
    Aamer Yaqub
    View all posts

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The Halal Times, led by CEO and Editor-in-Chief Hafiz Maqsood Ahmed, is a prominent digital-only media platform publishing news & views about the global Halal, Islamic finance, and other sub-sectors of the global Islamic economy.

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