Impact of Brexit on UK's halal meat market; HPDC's halal cosmetics investment

Pulse of the Global Islamic Economy

29 Dhu al-Qadah, 1445 AH

Asalam u alaikum,

We begin this newsletter with a prayer for Palestine as Israel continues its offensive in Gaza.  May the Palestinians know peace like never before. 

This week, we lead with Brexit's ongoing impact on the UK's halal meat market. Read our piece to find out more. 

Meanwhile, growing awareness of halal cryptocurrencies is ushering in a wider acceptance of Shariah-compliant decentralized solutions, driving mainstream adoption. 

Big story this week:

The UK voted to leave the European Union in 2016 and officially exited the trading bloc in 2020. Four years on, how has the exit affected the country's halal meat sector? 

Featured stories:

Crypto uptake has accelerated in several Muslim-majority countries

Frontier technologies are transforming every industry worldwide

Did you know?

By 2030, nearly three in ten of the world’s youth and young adults are projected to be Muslim.

In other news:

The investment aims to relocate Believe's headquarters to Saudi Arabia

Malaysia welcomes regular flights to and from Uzbekistan

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Upcoming events:

Asia Islamic Tourism & Trade Expo (AITEX 2024) - Kuala Lumpur, Malaysia | Aug 23-25, 2024
Halal Trade Expo Dubai - Dubai, UAE | Nov 18-20, 2024