KwaZulu-Natal Trade and Investment Indaba & World Halal Day 2021

KWAZULU-NATAL TRADE AND INVESTMENT

INDABA

& WORLD HALAL DAY 2021 HALAL PRINCIPLES offer opportunities for manufacturing in SA

12 000 JOBS COULD BE CREATED FROM Halal product market

CONTENTS May 2022

4

Editor’s note

6

Day 1

8

Food Bank

Neville Matjie, the CEO of Trade and Investment KwaZulu-Natal

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Halal product market launch

2 12 Day Inter-African trade

14 Day 3

New entrants

17 Exhibitors’ story

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Foreword EFFORTS to rebuild the KwaZulu-Natal’s economy and curb unemployment following the COVID-19 pandemic outbreak and social unrest ramifications will continue when Trade and Investment KwaZulu-Natal (TIKZN), in collaboration with the United World Halal Development (UNWHD), hosts the KwaZulu-Natal Trade and Investment Indaba World Halal Day between 22 and 24 March in Durban, South Africa.

This Indaba which will be held at the decorated world-class Inkosi Albert Luthuli, will take a form of a hybrid event, and is said to attract over 300 delegates who will attend both physically and virtual. The event seeks to create investment opportunities for entrepreneurs and investors alike.

About the TIKZN TIKZN is a South African trade and inward promotion investment agency established to promote the province of KwaZulu-Natal as an investment destination and to facilitate trade by assisting local companies to access to international markets. a South African trade and inward investment promotion agency-Natal (TIKZN) is a South African trade and inward investment www.tikzn.co.za

About UNWHD Established in 2012, UNWHD (UNITED WORLD HALAL DEVELOPMENT) is a global Halal Consultant Company headquartered in Singapore. Its objective is to focus on the opportunities and overall development of the halal industry and markets globally and build a vibrant global halal community. www.unwhd.com For queries or media interviews, you may contact Sbongile Nxumalo on 031 368 9600/ 079 959 6630 sbongile@tikzn.co.za

The gathering will showcase opportunities available from trading in Halal-based products, which extend beyond culinary offerings a common perception held by many, to include clothing and textiles as well as tourism opportunities. KwaZulu-Natal MEC for Economic Development, Tourism and Environmental Affairs Ravi Pillay said the conference will further bolster the province’s drive to revive the economy and create jobs.

“Through this Indaba, we expect a significant contribution to the province’s GDP. The hotel occupancy rate is also expected to rise, an important contribution towards resuscitating the tourism industry, which has been among the worsthit by the outbreak of COVID-19.

Our relationship with the United World Halal Development will lead to more export opportunities for entrepreneurs who have an appetite to expand to other regions,” said the MEC .

This will be the 8th edition of the World Halal Day. The 2021 edition of the World Halal Day was moved to March 2022 arising from the discovery of the Omicron variant, which plunged the world back to travel restrictions. The UNWHD recognises the World Halal Day on 1 November which is celebrated globally every year. The event encourages participation of investors, entrepreneurs, corporate, social activists, NGOs, and Government in halal market sectors and facilitates growth of Halal certified companies ensuring halal best

practices and developing halal standards globally.

KZN will focus on the opportunities and overall development of the halal industry and markets globally, therefore helping build a vibrant global halal community that KwaZulu-Natal-based businesses can tap into. This will be done through creating platforms to showcase halal products and services from around the world with Business to Business (B2B) networking opportunities with buyers, traders, distributors, hypermart, supermarket supply chains and suppliers.

Syed Mohamed Imran, the Project Director for World Halal Day, said it was important for them to partner with TIKZN in order for the event to be successful.

“We are hoping there will be an exchange of business opportunities on Business to Business (B2B) and Business to Government (B2G) platforms driven through this event. There is no doubt that the KZN region will get the much-needed economic uplift as a result of relationships forged through this platform, creating revenue opportunities, and driving job opportunities emanating from the forged partnerships,” said Imran.

The Premier of KwaZulu-Natal, Sihle Zikalala, will deliver the keynote address. Speakers will include Chairman United World Halal Development Mohamed Jinna, Presidential Investment Envoy for South Africa Phumzile Langeni, Magellan Management Representative Ebrahim Patel, and the Ghana South Africa Business Chamber President Dr Grant Webber.

Trade & Investment KwaZulu- Natal has been instrumental in bringing about critical investment projects to the province. In 2021 alone, TIKZN brought in R5.3 billion in investment projects and created 8 554 jobs. Building the economy and creating jobs are among the six priorities of the current administration. South Africa has committed to attract R1.2 trillion in foreign direct investment over five years.

Panel discussions include topics ranging from “The need for economic stability in order to attract investments” to “Global future Halal trends, “Investing in Halal products and export opportunities available in the Halal industry”.

One of the highlights of the Indaba is expected to be the launch of the food bank, which is part of the efforts of eradicating hunger in the world. This initiative will be based in KwaMashu.

A total of TIKZN-sponsored 60 SMME exhibitors will showcase their products during the Indaba.

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EDITOR’S NOTE

Trading with Understanding

Trade and Investment KwaZulu-Natal Hosts World Halal Day another for the partnership to be sustained. It is to this end that Trade & Investment KwaZulu-Natal together with United World Halal Development will host World Halal Day, in Durban, KwaZulu-Natal, South Africa from 22-24 March 2022.

T

HE beauty about living in such a rich and diverse country such as South Africa is that once in a while, if you are truly interested in learning about other cultures, you can make the time to understand a world outside your own.

There are occasions marked in our country’s calendar that present the perfect opportunity to learn and share about a culture or religion and we come out even wiser. Every year, as we wish our Islam community Happy Ramadan and as we offer Halal as a dietary option we at every corporate occasion we must sometimes ask ourselves if we truly know the meaning behind these practices.

World Halal Day is the perfect occasion to go on a fact-finding mission. Potential alliances or trade partners also need a deeper understanding of one

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Trade and Investment KwaZulu-Natal: World Halal Day

The global event, which will be attended by investors, delegates, and exhibitors, will share knowledge, explore trade opportunities, and present a co-ordinated platform for innovators, investors and buyers of Halal products.

This event forms part of the provincial government’s efforts to rebuild a resilient and sustainable economy especially after the adverse effects of the COVID-19 pandemic globally.

One may be curious about to the link between World Halal Day and Trade & Investment KwaZulu-Natal.

The Halal economy is a multi-trillion-dollar opportunity that captures the core of faith-based Muslim spend, as well as the value chain that includes all Halal Certified non-Islamic contributors.

There has been a global paradigm shift from a Halal niche strategy to mass marketing of Halal products and services, leveraging on the internet and borderless e-commerce platforms. Halal is also recognised as a benchmark for quality, health, hygiene, and safety, thus a favourable consideration in global sourcing.

KZN has the potential to lead government-to-government engagement in this sector. This has been proven in countries such as Singapore, India, Croatia, the UK, South Korea, and Russia where United World Development has hosted World Halal Day in the past.

The onus is therefore on institutions such as Trade and Investment KwaZulu-Natal to educate entrepreneurs on opportunities in this sector. KZN Trade and Investment Indaba will therefore provide a lever to draw potential investors to the province both physical and virtually, as well as provide an opportunity to leverage the burgeoning global Halal Economy to increase Inter-African Trade.

Considering that the African Continent is home to about 500 million Muslims and Asia with about 1.2 billion Muslims, the halal economy is predicted to grow at rate of 5-6% per annum till 2030, there is no greater time than now to explore the possibilities of KZN leveraging on these growing numbers especially with the knowledge that the average disposable income is greater in the Muslim population between the ages of 19-45 making it larger than in any other

population group.

The objectives of this conference are to: • Educate business and investors on the opportunities posed by the Halal Economy and how they are able to tap into this market; • Continue positioning KZN as a global Investment Destination of choice, • Amplify the “Business Continuity and recovery” message for KZN and the Halal Sector post-COVID-19; • Highlight the investment opportunities within the Halal sector and other key Economic Sectors for KZN; • Boost Domestic and Foreign Direct Investment into KZN especially from a private sec tor investor perspective; • Create a Business 2 Business engagement platform for strategic collaborations and partnerships.

Being hosted in the sunny Durban, it is also our hope that delegates and exhibitors participate in the various talks and activities during this conference, they will also take some time for sightseeing of some of the breath-taking historic and iconic sites of our province.

No doubt, the ground is fertile for constructive and mutually beneficial dialogues that can create continued trade links between, South Africa, SADC and Asia.

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12 000 jobs could be created from SA tapping into the Halal product market SOUTH Africa’s province on the east coast of the country, is best positioned to be the gateway for manufacturing niche Halal products for the African market, as well as across the globe.

KwaZulu-Natal MEC for Economic Development Tourism and Environmental Affairs (EDTEA), MEC Ravi Pillay said at least 12 000 jobs have been created by taking advantage of the growing Muslim and non-Muslim markets.

He continued to say that 55 to 60% of the KZN economy is located in eThekwini and as such this area of the province is best positioned to effectively meet the growing demand of this market. The competitive advantage driven by the sheer scale of the city’s infrastructure provides a competitive advantage and best positions it as the best area for manufacturing halal products. His department is already in discussions with various international and South African-based companies to explore ways of utilising the provincial harbour and existing infrastructure to meet the growing demand of the Halal market.

He said South African manufacturers did not have to limit their participation in the Muslim market by thinking that they had to be followers of Islam. “You don’t have to be Muslim, but (you) need to learn what it takes to be able to qualify to supply the Halal market.

“The Halal sector has created more than 12 000 jobs in the space of three years. KZN is indeed open for business in the Halal market and is best positioned to cater for the niche market needs.

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Trade and Investment KwaZulu-Natal: World Halal Day

“The opportunity won’t be taken for granted but needs to be nourished. As South Africans we have the capabilities to make and complete any product requirements by the Halal market. However this cannot be done in isolation and as such requires strong partnership to be able to effectively deliver on the key requirements. Therefore the partnership evident in KZN’s hosting of the World Halal Day bears testament to the work that has gone towards taking advantage of this sector. The timing couldn’t be better as we are still in the Covid-19 global pandemic phase, but now the conditions are relaxed as we no longer have heavy lockdown restrictions that hinder the ability to import and export product needs for the Halal market.”

He said the Halal market with at least 14 sectors of product opportunities globally, was aligned to the SA national government Economic Recovery and Reconstruction Plan.

Mohammed Jinna, the chairman of the United World Halal Development, said the Halal industry has grown to $6.3 trillion and there was a huge demand for them in South Africa. He said they were working on bringing the right investors to invest in this growing market. He added that Halal was no longer traditional. “Halal is not only for Muslims, but mankind.

The Halal industry is expanding,” said Jinna.

World Halal Day Conference currently under way at the Durban ICC. Gandhi said three years ago she was approached as a vegetarian by one of the organisers to consider Halal principles as part of her diet. She said the nutrition, social responsibility and equity principles of Halal practices were aligned to her vegetarian practices.

“COVID-19 has taught us the importance of nutrition to fight diseases. The other pillar that was appealing for me was how Halal placed the importance of social responsibility being part and parcel of the production of nutritional foods where the manufacturer has to take into account that they are part of a social good that should benefit all.

“It is also important for the Halal industry that every individual has a basic human right to have food, and access to it,” said Gandhi.

Ebrahim Patel, from the Magellan Management an entity which is responsible for positioning Halal principles within the global Halal industry, said the conference was a culmination of almost seven years of discussions about how the province could incorporate Halal principles into manufacture of many basic goods for Muslims and non-Muslims.

Ela Gandhi, the grandchild of human rights activist Mahatma Gandhi, gave a message of support to the Trade and Investment KwaZulu-Natal (KZN) and

“Halal gives consumers confidence that the strictest standards have been observed in the manufacturing and production of goods. This is not only isolated to food, but also includes cosmetic and pharmaceutical products,” concluded Patel.

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Food Bank launch

HE Trade and Investment Indaba, which kicked off today at the Inkosi Albert Luthuli Convention Centre in Durban, is more than just investment opportunities. The three-day engagement hosted by Trade and Investment KwaZulu-Natal, in collaboration with The United World Halal Development (UWHD), also marks the commemoration of World Halal Day and helping to alleviate poverty.

In commemorating World Halal Day, the UWHD launched its fifth Food Bank as part of lending a hand to help eradicate hunger in the world. The Food Bank will be located at the Habiba Soofie Darbaar Mosque in Springfield, Durban. It will be a feeder for the

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Trade and Investment KwaZulu-Natal: World Halal Day

neighbouring KwaMashu and Phoenix areas.

UWHD Projects Director Syed Imran said this initiative was in line with the values of World Halal Day, namely United Against Hunger; Preserve Nature, One Human Community and Food for All.

“World Halal Day is about creating a world where humans will be valued.

We will donate a refrigerator and we are asking everyone to donate excess food.

If we can ensure that everyone has at least one meal a day, that will have a domino effect.”

TIKZN CEO Neville Matjie said the Food Bank initiative was important because it was good for any event to look beyond just the benefits for investors and dignitaries.

“The United Halal World Development has been working in collaboration with the great-granddaughter of Mahatma Gandhi, Ella Gandhi. They will donate machinery that will go into this Food Bank in KwaMashu, as well as in the Phoenix area to try to really support people who are underprivileged. It will be the chillers that will be donated as well as other machine that will assist those that are within the space to serve poor people within that region.

“We are starting in Durban, but the need is huge and we are looking to spread it to Cape Town and Johannesburg. Initially it will be food, but we will add books and clothing like in other countries,” he said.

The World Bank report on Inequality in Southern Africa: An Assessment of the Southern African Customs Union released two weeks ago showed that South Africa was the most unequal country in the world, ranking first among 164 countries in the World Bank’s global poverty database.

“In any event that you create as a business, it is always good to give back to the community and through the partnership with Ella Gandhi who is, of course, quite known in KwaZulu-Natal who is a passionate human rights person and an activist, it is absolutely more opportune for us to look not just at the attraction of the investments, but that those who are already invested in KZN can assist by giving back to poor communities,” he said.

Other countries where the UWHD has launched food banks are India, Singapore, Malaysia, South Korea and Croatia.

“We have seen throughout the world that there is hunger and the difference between the rich and the poor is huge. Food is a basic issue and some people steal because they are hungry. This can be started as a movement, and perhaps crime and corruption can come down,” added Imran.

According to the Global Humanitarian Overview 2022, up to 811 million people worldwide were undernourished in 2020, an increase of 161 million from 2019. The Global report on Food Crises estimated that 161 million people in 42 countries faced acute food insecurity in first eight months of 2021.

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Trade and Investment KwaZulu-Natal: World Halal Day

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South Africa and neighbouring countries urged to prioritise inter-African trade SOUTH Africa and neighbouring countries need to prioritise inter-African trade to be competitively placed for the Halal market.

trade with countries such as Tatarstan, which has a USD $8.7 billion economy, and just 10 000km away from Russia.

This was the overarching message from Day 2 of the Trade and Investment KwaZulu-Natal (KZN) and World Halal Day Conference under way at the Durban ICC. The conference has brought together entrepreneurs and investors from all over the world.

Kamalova said Tatarstan, which recently hosted the Kazna Summit, was eager to create more opportunities to trade with South Africa. He addd that despite recent political issues, there were huge opportunities for trade between the two countries that would benefit investors.

Claude Moodley, the Executive Manager: Export Development and Promotion (TIKZN) - KZN Exports through the African Continental Free Trade Area Agreement, said one of the catalysts for intraAfrica Trade is AFCFTA. He said the 54 African Union countries needed to create bilateral trade agreements, which would be crucial in increasing trade between African countries and aligning regulations.

“The benefits of increasing Intra-Africa Trade are that it helps to grow the economy, creates jobs and reduces poverty.

Also, when African countries trade with (one another), they exchange more manufactured and processed goods, have more knowledge transfer and create more value,” Moodley added.

Ekaterina Kamalova, from Tatarstan Investment Development Agency, said KZN was ideally placed to 12

Trade and Investment KwaZulu-Natal: World Halal Day

She said South African investors needed to look at opportunities such as agriculture where it could be an essential supplier to the growing Halal market.

“Halal is about the standard of goods and services, not just about food. As a country, we are looking for new opportunities and new partners. We have 1 100 people in Russia that adopted Islam in 2022. Our country is known globally for being number one for milk production, meat and beans,” said Kamalova.

Economic Trade Organisation: India Director Wali Kashvi said the Halal sector offered possibilities and opportunities for the youth and SMEs to trade.

Kashvi said the African market is one of the biggest trade partners for the Indian market and entrepreneurs needed to look at the whole value chain and supporting industries for exploring the Halal trade.

Ghana South Africa Chamber President Dr Grant Webber said African countries needed to understand competencies and then decide how then they could compete.

Webber said in countries such as Ghana there were many opportunities for KZN and South African companies that could be explored for the benefit of the economy.

“There are huge and significant manufacturing opportunities for South African companies in Ghana.

But, sovereign risks must be taken into account when approaching new markets such as Ghana.

“We are proud as a Chamber to (serve) as a gateway for people who wish to enter these markets,” said Webber.

Theological Director of SANHA in South Africa, Moulana MS Navlakhi, which is affiliated with four major bodies of Halal certification in South Africa, said it was well placed legislatively to meet global Halal standards. “The South African Muslim community is well established, it has been here for four centuries.”

Chairman of Turkey Halal Certification Organization Zafer Soylu said: “Halal trade is guaranteed with Halal certification, and Halal certification is guaranteed with Halal accreditation. Countries have different

Halal accreditations.”

“Every city that you visit in South Africa you would find accessibility to Halal products,’’ Navlakhi added.

Moulana Wookay, the CEO of NIHT in South Africa, said: “Halal certification in South Africa is driven by the community, not the government.

“The UAE stipulates the requirements for certification bodies. Halal certification bodies have to assist their Halal-certified clients. There are also complaints committees that are there to take complaints regarding Halal and resolve them,’’ says Moulana.

Dube TradePort Cargo Terminal Manager Ricardo Isaacs said Africa should be excited about the opportunities available through Halal trading estimated to contribute $3.5 trillion to the GDP annually.

Isaacs said 44% of the African market is Muslim and offers a huge untapped market to explore.

“At least four countries in Africa have more than 99% of their population being Muslim. Rail networks in some countries work, but there are opportunities to improve them. E-commerce in Africa must be positioned to benefit from e-commerce,” said Isaacs.

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SA entrepreneurs encouraged new entrants to understand the Halal market before venturing into it ESTABLISHED entrepreneurs in the Halal market encouraged aspirant business owners to get the basics right by doing research to guarantee success.

This sentiment was expressed on the last day of the three-day Trade and Investment KwaZulu-Natal and World Halal Day Conference, which took place at the Durban ICC. Minnies Foods (South Africa) Chief Operating Officer Shaazia Kolia said she would encourage any entrepreneur whether they are Muslim or non-Muslim to

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Trade and Investment KwaZulu-Natal: World Halal Day

familiarise themselves with the Halal market before venturing into it.

Kolia, whose company sells condiment products locally and also exports to the Halal markets, said there were many opportunities for entrepreneurs, but the success is linked to researching and knowing the markets.

“South African companies that wish to enter new markets, such as the Halal market, need to invest the time in researching the culture and other expectations from those countries.

“Entrepreneurs must make sure that their products are adapted to meet the needs and regulations of the country targeted.

Companies must check on the legislation and label requirements to ensure they meet the required standards. Many companies fail because they have not done simple things such as checking whether the ingredients, they sell in South Africa are allowed in other countries. It is important to familiarise yourself with the country’s rules and requirements”, said Kolia.

Muhammad Osman, the Director of Iqlaas Foods, which sells Halal and vegetarian products, agreed that legislative knowledge played a crucial role in the success of the company that now sells products to retailers including Pick n Pay, Shoprite, Checkers, Spar, OK Foods and Makro, and generates more than R50 million annually in revenue.

for close to 30 years, produces a range of frozen snack pastries and convenience meals. Adding that their products range, from retail home and food services, observes the strictest Halal standards, such as ensuring that there is no wastage of food.

He said above regulatory requirements, it is crucial for entrepreneurs to know their market and to remain innovative.

“Labelling and regulations are important in the Halal market, especially if you want to export your products. If you want to venture into Halal market you have to consult, do your research and talk to different people,” said Osman.

Rohenie Faizal Tan, the Chairman of HAO Halal Mart in Singapore, said: “The Halal market is still largely untapped. There are huge opportunities for Halal businesses in Asia, especially in Singapore.”

Isivuno Foods founder Mthokozisi Mkhwanazi said the company, which focuses on food products exports, has been in existence since late 2015.

Osman said the company, which has been operational

Mkhwanazi said the company sources its products from the Durban Fresh Produce Market from a variety of farmers across South Africa and exports their products to international markets.

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He said the company works closely with logistics and cold storage companies in Durban.

“The fruits we use are sourced from Limpopo, Mpumalanga, North West and Cape Town. We now have an order to supply a significant number of containers to China and the orders are growing steadily. We have also supplied to countries such as Shanghai in China with citrus and are looking to supply clients in Dongguan with grapes via Cape Town in late November,” said Mkhwanazi.

Trade and Investment KZN Executive Manager Investment Promotion Sihle Ngcamu said the government body is geared to support local entrepreneurs to navigate the legislative requirements to become suppliers to the Halal market both locally and to eventually become exporters.

Ngcamu said TIKZN is encouraged to see the number of entrepreneurs that, through this Indaba, have been enlightened on how Halal as a way of business is not limited to food, but expands into many other opportunities for aspirant business owners.

“We are planning on developing good working systems for large organisations and emerging entrepreneurs to increase the knowledge that was shared during this Conference. The Halal market is one of the sectors that has been identified to be a potential stream for increasing local manufacture and to also contribute to increased employment.

“It is important that entrepreneurs have the drive as they enter the Halal market to continuously develop and increase their sales in the globally rising and competitive market,” said Ngcamu.

South African President Cyril Ramaphosa in a virtual message during the Halal Conference encouraged investors globally to invest more in South Africa and assured them their investments will be secured.

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Trade and Investment KwaZulu-Natal: World Halal Day

Halal principles offer opportunities for manufacturing in SA DURBAN – South Africa needs to explore how it could participate in the Halal pharmaceuticals market.

These were the sentiments articulated by the President of the Minara Chamber of Commerce and pharmacist, Solly Suleman, during the ongoing KZN Trade & Investment Indaba and World Halal Day at the Durban International Convention Centre.

The Indaba, a precursor to the annual South Africa Investment Conference scheduled to take place on the 24th of March, is aligned to the Government’s reconstruction strategy aimed at rebuilding the KwaZulu-Natal economy and stemming the tide of unemployment following the COVID-19 pandemic outbreak and civil unrest of July 2021.

Suleman said Halal-based pharmaceuticals represent 20% of the global pharmaceuticals market, resulting in great opportunities for companies wanting to enter this market. Pharmaceutical and cosmetic products could therefore be a good starting point.

“Halal certified pharmaceutical products contain ingredients that are clean. The requirement is that

all ingredients used must be traceable and must not contain animal products or alcohol. Although this is based on Halal processes, non-Muslims can benefit from the manufacturing of pharmaceuticals because of the strict Halal principles.

“If South Africa decides to incorporate Halal principles in pharmaceuticals for medicines and vaccines manufacture, it would make it more competitive globally. But for this to be a reality, there must be a willingness and support by the government.”

AMKA SA CEO Nizam Kalla said the Halal market was estimated to be worth more than $68 billion in 2022, taking into account Asia, Africa, and the Middle East.

He added that this niche market presented many opportunities the South African government could consider. “There are rebranding and diversifying of products opportunities available. Muslim consumers are looking for products that align with their beliefs. Many global cosmetic companies are looking at developing Halal principles as they are seeing the Halal market rising and offering many opportunities for future manufacturing possibilities. South Africa’s multi-cultural population and religions offer a good opportunity for growing the sector.

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Standard Bank SA Head of Shari’ah Banking Ameen Hassen said: “South Africa is known for tolerance since the country has never had any major religious issues. The country is making great strides in understanding this market and incorporating it into major sectors of the economy. Businesses are being re-engineered so they can explore opportunities availed by this growing market. The banking sector is harnessing this market and has made major strides in our product offerings and services geared towards this growing market. ” FNB Islamic Banking CEO Amman Muhammad agreed, saying that South Africa can be the best Halal investment destination since the Islamic population in South Africa was estimated to be about two and half percent.

Muhammad said the health-conscious market in South African was also ideal and aligned with Halal principles. “Most people who are aware of Halal

practices agree that Halal is something that is good and right for people with specific lifestyle and dietary needs, even those that are non-Muslim.

SA Tourism for the Middle East Events and Marketing Manager Sadiq Dindar said Halal tourism was another area that could be explored for economic benefits. “South Africa can be promoted as an ideal tourist destination for Halal tourism as some places already observe or cater for its requirement.

“People must also understand that Halal principles are not just isolated to food, but are part of the way people live, and the goods and services that they choose to consume must be aligned to this belief.’’

Pakistan-based ALHuda Centre of Islamic Banking & Economics CEO Zubar Mugal said: “Africa is the second-largest continent dominated by the Muslim community after Asia. South Africa is then the ideal destination for investors in the Halal market to look for opportunities.”

ISLAMIC BANKING

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Trade and Investment KwaZulu-Natal: World Halal Day

KWAZULU-NATAL TRADE AND INVESTMENT INDABA & WORLD HALAL DAY

22-24 MAR 2022 Durban ICC, South Africa

EMERGE | ENRICH | EMPOWER

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About the TIKZN TIKZN is a South African trade and inward promotion investment agency established to promote the province of KwaZulu-Natal as an investment destination and to facilitate trade by assisting local companies to access to international markets. a South African trade and inward investment promotion agency-Natal (TIKZN) is a South African trade and inward investment www.tikzn.co.za