Tapping into the Halal Pharmaceutical Market: Issues and Challenges

-
The increasing economic power and Muslim populations globally warrant a greater understanding of halal concept. Yet, efforts to explain halal issues in medicinal production remain scant. This paper aims to explore the idea of halal pharmaceutical production process and delves into the challenges faced by the manufacturers in developing the niche market. This research embarks into a qualitative conceptual study. Data obtained were based on expert views (i.e. government officials, consultants and pharmaceutical manufacturers) derived during informal talks, semi-structured interviews and available statistics, annual reports as well as reliable articles. The study emphasised that halal pharmaceutical industry need to not only highlight the halal values in the production, yet should project and inject a wider image of Islamic values—good, clean and wholesome into the manufacturing process which would attract wider market segments. Manufacturers should not only concern on the operations and procedures that satisfy the sharia law. They need to consider undertaken the halal pharmaceutical process within a sustainable regime of practices, in which raw materials should be produced sustainable and business should be done with good intentions.

 For the complete article, please visit http://link.springer.com/chapter/10.1007/978-981-10-1452-9_48

Comments

Post a Comment

Popular posts from this blog

The International Halal Logistics Standard: IHIAS 0100:2010

-
As Halal is extending towards supply chain management (similar to food safety, where halal integrity is secured from source to the point of consumer purchase : the supermarket or restaurant) it is important to look at halal logistics. Logistics assists supply chains in connecting the individual suppliers, supplier of suppliers, customers, customers of customers to the final consumer: creating a supply network bringing the final halal product to the consumer. Today, even with a simple product as bread, the flour might be imported from China, butter from New Zealand, bread improvers from the Netherlands, seeds from Iran, etc. Supply chains are therefore  complex and international . Complex supply chains , due to the many different supply chain partners bring vulnerabilities along, requiring a ROBUST design in order to protect the halal integrity as good as possible. HalalSecure.com  for example is assisting brand owners for example to better organise and protect their halal supply cha
Read more

The Halal Supply Chain Model

-
Image
In establishing an integrated halal supply chain (from 'farm to fork' or more precise from 'source to the point of consumer purchase') and optimise the performance of your halal supply chain, it is important to realise what are the components or so called 'logistics building blocks' of a halal supply chain. The figure below presents and overview of the logistics building blocks in organising your halal supply chain. I will discuss each component accordingly. By developing an integrated halal supply chain, the start is the right intention. Halal needs commitment from the top management through a halal policy , which acts as basis for the organisation of the supply chain. There should be a strategic fit between the corporate strategy and the halal policy. Amongst others, the halal policy addresses (1) the responsibility of an organisation in protecting the halal integrity along the supply chain; (2) the scope of halal certification of the organisation; (3)
Read more

Halal port decision tree

-
Image
Sea ports, airports, and inland terminals are important links in global halal supply chains, but a MISSING LINK when it comes to halal! Halal compliance and certification of port terminals are important to (1) avoid breakage of halal supply chains, (2) better address risk & reputation management for cargo owners + shipping lines + (sea/air/inland) ports, and (3) avoid fraud with halal logos.   In a halal compliant terminal (sea, air or inland terminal) halal goods are segregated from non-halal goods throughout the terminal process. Below a halal port decision tree to identify your next steps in professionalising halal compliant terminal operations.  There is an international halal standard for certification halal logistics operations: OIC/SMIIC 17:2020. Malaysia uses the MS 2400:2019 and Indonesia uses the HAS 23000-5 standards for the certification of logistics operations. These standards can also be used for the halal certification of sea ports, airports and inland port terminal
Read more