The Times has reported a halal-certifying firm is the join the Alternative Investment Market.
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DagangHalal, which claims to be the world’s first online hub for verifying suppliers of food and other goods adhere to Islamic principles, has hired London brokers Arden and Optiva to sell shares next month.
As well as working with various government and independent halal authorities across Asia to check food suppliers are within the rules, Dagang also sells consultancy services and offers training courses for suppliers.
The firm will authenticate food, consumer goods, pharmaceuticals and leisure sites if they comply with Shariah law. While the business currently operates in Asia, it aims to expand into European markets, consolidating the various certificates for suppliers into a single site.
“With widespread internet use and smartphone adoption across the world’s Muslim population, we now have the infrastructure to be able to check product authenticity anytime and anywhere,” said chief executive Mohamed Hazli Mohamed Hussain.
Will the consequences of halal certification be greater than those of ISO accreditation?
Can they co-exist? Can Muslims continue to embrace ISOs while they remain haram?
When will these similar, oppressive mind-control cults merge – when will ISOs become halal and compliant with sharia law?
Because Islam will not be standardised by the ISO. For the ISO, the managers and inspectors are Allah.
When will Islam get the cash flow from the ISO?