Govt Wants Pakistani Halal Businesses to Compete Globally

Meanwhile, the administration wants Pakistani halal businesses to expand into global markets, with a focus on specific products, industries and countries where local businesses can compete and grow.

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• The session additionally covered Pakistan's Islamic finance sector and feasible cooperation with international platforms working in Islamic economics and finance.
• The participants discussed opportunities for Pakistan to expand its presence in the global halal economy, including halal food, fashion, tourism, services and other consumer markets.

Finance Minister Muhammad Aurangzeb stressed this point during a session with Islamic Chamber of Commerce and Development Secretary-General Shaikh Yousef Hassan Khalawi, where they discussed expanding Pakistan's presence in the global halal economy. JDW Sugar Mills Enters FESCO Privatization Race With Pakgen-Led Group.

Khalawi briefed the finance minister on the chamber's engagement with business communities, including those in non-OIC countries, and its efforts to connect Muslim businesses with private-sector and institutional partners.

For context, the participants discussed opportunities for Pakistan to expand its presence in the global halal economy, including halal food, fashion, tourism, services and other consumer markets. Aurangzeb stressed the need to move beyond a broad focus on the halal sector and identify specific products, industries and international markets where Pakistani businesses can compete and expand.

For context, the session additionally covered Pakistan's Islamic finance sector and feasible cooperation with international platforms working in Islamic economics and finance. Participants stressed the need to develop commercially viable opportunities and improve market access for Pakistani businesses.

Khalawi additionally shared international experiences in halal business development, sustainable tourism and Islamic economic cooperation, highlighting the importance of matching sector-specific opportunities with international demand.

In practice, the participants further discussed international conferences, business forums and other platforms that could be applied to connect Pakistani businesses with global business communities.

Aurangzeb remarked continued engagement with the private sector would be notable for identifying practical areas of cooperation and encouraged stronger links between Pakistani businesses and international networks facilitated by the Islamic Chamber.

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