Convergence of Halal Market Economy
Convergence of Halal Market Economy and
Islamic Capital Master Class
“Identifying Halal Opportunities”
Date: Sunday and Monday, 24th – 25th April 2016
Location: Seminar Room, BIBF, Juffair
This is a first of its kind course for individuals who have an interest in the currently developing Halal market opportunity, covering sectors of food, travel, pharma, personal care, fashion and outlines their geographic and market potential profile. The course provides participants a comprehensive summary of the Halal market opportunity and focus on specific areas of financing or takaful needs and gaps of the above Halal economy sectors. Specific focus will be on the Halal food value chain opportunities.
The course covers the six-core Halal economy sectors beyond Islamic finance. These sectors covered include Halal food, Family tourism, clothing and fashion, media and recreation, pharmaceuticals, and cosmetics, and outlines their geographic and market potential profile.
Islamic capital continues to seek new growth opportunities; however there is very limited engagement with the related $2 trillion in expenditure Halal economy sectors. This is starting to change and various entities are starting to look at the Halal food space especially. There is a growing need to develop Islamic finance professionals’ understanding of this opportunity and how to best leverage it across the suite of Islamic Finance offerings from investments, operating capital, takaful, trade financing and other major business financing needs.
- Understand the facts (definition, market relevance, classification, size, drivers) and concepts (value-chain role, trends, segmentation and nuances) on the global Halal Market economy
- Develop and apply strategies (market needs, gaps, actionable planning, criteria for determining markets relevance, needs mapping) in order to benefit from the fast growing global Halal market economy
- Gain the ability to evaluate and analyze financing / takaful needs supplement the business
- Definition and concept of the halal market economy and its different sectors
- Market relevance of the halal market economy sectors
- Growth drivers and challenges for the halal market economy sectors
- Halal market opportunities
- Financing and takaful needs
- Key concepts related to the halal market economy
- Implementable strategies
Course Learning Flow:
Who Should Attend:
This course is beneficial for any individual who is interested in understanding the Halal market economy concept, how it can be converged with Islamic capital, and how individuals can tap in to the opportunity and potential of the fast growing halal economy market. This course would be suitable for senior executives and managers of Islamic finance or takaful companies, investment companies, fund managers, Halal food & lifestyle sector executives, managers of investment departments of financial institutions, relevant staff of central banks, and students who are research on this specific area.
This 2 day course is conducted using a combination of lectures, discussions, case studies, and an end of course assessment. Additional self-study hours of approximately 4 hours are also expected.
Duration : 2 Days (6 hours per day)
Dates : 24th – 25th of April 2016
Lecturer : Mr. Rafi-uddin Shikoh, CEO of DinarStandard
Fees – Member Organisations
All Nationalities : BD 300
Fees: Non Member Organisations
All Nationalities : BD 300
About Rafi-uddin Shikoh:
Rafi-uddin Shikoh is passionate about empowering businesses to become global brands with socially responsible impact. He is the Founder and CEO of DinarStandard™–a specialized market research and advisory firm. Rafi-uddin has led thought leadership and strategies on empowering Islamic economies for global impact. Since 2008, Rafi-uddin has been advising global multi-nationals, Islamic financial institutions, Halal market startups and NGOs on market expansion analysis, business/investment strategy, and innovative marketing strategies.
Prior to DinarStandard, Rafi-uddin has had 15 years of marketing strategy, e-business strategy, and technology management experience with small to Fortune 500 ranked companies. He had been a Vice President with Marsh Inc, a global risk-brokerage firm, where he led and successfully delivered multi-million dollar knowledge management and marketing technology related initiatives. He had previously served as a Senior e-Business Consultant at a Boston based firm. In addition, he has also served as a Marketing Director for a communications training and sports media consulting company.
Rafi-uddin has an MBA from UNC-Charlotte, North Carolina, USA, and a BSc. in Marketing from Southwest State University, Minnesota, USA.
Specialties: Business/ Marketing Plans, Market Analysis, Marketing Strategy, Innovation Strategy, Customer Insights, Technology Strategy/ Management.