In an article published on July 28, 2026, Islamic economist Md. Mukhlesur Rahman argues that Bangladesh should strengthen its role in the expanding global halal economy. The article says halal industries now extend beyond food to pharmaceuticals, cosmetics, fashion, tourism, logistics, financial services and digital technology. It estimates the global halal economy at about $5.2 trillion, potentially exceeding $9 trillion by the start of the next decade, while Bangladesh’s annual halal-product exports stand at $850 million.

The author says Bangladesh has capabilities in agriculture, fisheries, livestock, garments, pharmaceuticals, leather and food processing. However, he identifies policy frameworks, international acceptance and institutional capacity as the main weaknesses rather than production. Bangladesh lacks a strong internationally recognized national halal accreditation authority, the article says, forcing some exporters to obtain additional certification from recognized bodies in Malaysia, Singapore, India or Thailand.

The article calls for an internationally accepted national accreditation authority, coordinated work by public agencies and private businesses, modern laboratories, digital traceability and trained auditors. It also proposes halal-focused university education and research, easier certification and subsidies for small and medium enterprises, and inclusion of halal industries in national export, investment and industrial policies.