Brazilian chicken exports have increased this year. Demand from Saudi Arabia was particularly strong.
In the first half of this year Brazil sold over one million tons of halal chicken to Islamic countries.
In many countries, government relief packages amid the coronavirus pandemic should help to soften the near-term effect for Islamic banks, says Bashar Al-Natoor from Fitch Ratings.
Cristina Tschuppert and Toni Riethmaier from Pearls of Switzerland are travel consultants for Switzerland and Saudi Arabia. A conversation about snow-covered mountains, 900’000 demanding Arab tourists and special halal hotels.
The demand for Sharia-compliant products is growing, so Islamic finance is poised to expand in 2020, Moody’s says.