Halal Angels Network launched to tap $5trln Halal consumer market – ZAWYA

  • Date: 10-May-2020
  • Source: Zawya
  • Sector:Retail
  • Country:GCC
  • Who else needs to know?

Halal Angels Network launched to tap $5trln Halal consumer market – ZAWYA

The Global Halal market size is expected to reach $9.71trln by 2025. Halal Angels Network would be the 1st Angels Network backed by Blockchain technology.. Halal Angels Network would be based on the traditional format of Angels Network where membership would be offered to Angel investors, investment corporations, organizations, and, startup and they could network with each other for investments and business.. Halal Angels Network is also setting up offices in GCC, Europe, and South East Asia.. Dr. Malik said, "When I discussed this idea with the investment and startup community; they all got excited about the Halal Angels Network platform and the consensus was this would be win-win situation for everyone to overcome the COVID-19 pandemic.". Halal Consumer Market“¢ The Global Halal market size is expected to reach USD 9.71 trillion by 2025 (Reuters, 2019)..