Mainstreaming the Fast-Growing Halal Industry Within Blue and Green Economic Models for Sustainable Development
Basirat Olaide Raimi ()
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Basirat Olaide Raimi: Ramhaaz Research and Policy Analysis
A chapter in Green and Blue Economy Frameworks for Halal Industry Sustainability, 2025, pp 133-149 from Springer
Abstract:
Abstract This paper explores the intersection of the Halal industry with sustainable economic models. The Halal industry, encompassing a wide range of sectors including food, cosmetics, finance, and tourism, is experiencing rapid growth globally. This expansion offers a unique opportunity to integrate principles of the blue and green economies. The Blue economy emphasizes the sustainable use of ocean resources, promoting practices such as sustainable seafood harvesting and eco-friendly coastal tourism. Meanwhile, the Green economy focuses on reducing environmental impacts through renewable energy, waste management, and sustainable agriculture. This paper examines how the Halal industry can serve as a model for sustainable growth by aligning with these economic principles. By adopting environmentally conscious practices that also comply with Islamic ethical standards, the Halal industry can enhance its market appeal, achieve sustainable development goals, and contribute to environmental conservation. The research highlights the potential of the Halal industry to lead in both ethical and sustainable economic practices, ultimately fostering a more inclusive, resilient, and sustainable global economy. The findings suggest that integrating Blue and Green economic principles into the Halal industry can result in economic benefits while ensuring environmental stewardship and ethical compliance.
Keywords: Halal industry; Blue and green economy; Sustainable development; Environmental stewardship; Ethical consumption (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-96-1729-6_8
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DOI: 10.1007/978-981-96-1729-6_8
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