Halal Exchange, a unique e-commerce platform aimed at facilitating global Halal trade, will make UAE the preferred hub of the $2.1 trillion-a-year global Halal market (according to Malaysian government estimates in 2007).
With UAE ideally positioned through its infrastructure and telecommunication network and its growing significance as one of the largest re-export centers in the world, Halal Exchange will facilitate the growth of Halal trade, both within the Middle East as well as globally.
Powered by vLinx, a web-based solution, which addresses the challenges of global sourcing, the Halal Exchange makes the costly and complex import-export process as simple as doing business across the street. The Exchange will provide a seamless business platform for the larger retailers and distributors as well as the small and medium-sized companies, which are currently responsible for nearly 80 per cent of the global Halal transactions.
Headquartered in the UAE, Halal Exchange is a joint venture between vLinx Inc. and RAK Investment Authority. The service is free of charge� and accessible to registered clients anywhere in the world.
# Site: Halal Exchange
# Source: Mena Report