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Opinion: Halal-nomics — Need for standardisation, integration

Opinion: Halal-nomics — Need for standardisation, integration
One of the top 100 thinkers in the world, Turkish born Nouriel Roubini, was at Dubai’s Global Islamic Economy Summit (GIES), and he stated,  ‘…there is a need for a more resilient system, and that’s where there is potential for the Islamic system. It is less volatile and potentially more stable than conventional financial systems. The advanced economies can learn from the Islamic system in this respect…. The Halal economy is a real opportunity, but it needs to be more standardised and integrated into global markets.’

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