Halal Certification Provision

Port scene from Djibouti with mosque

Photo by UNDP Djibouti

Halal Certification Provision
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Services
Consumer Services
Business Model Description

Provide halal certification based on institutional framework, category-based schemes and eligibility criteria for food products produced, processed and traded within and across the Horn of Africa region in compliance with the common practices and regulatory measures defined by the relevant authorities.

Expected Impact

Enhance regional trade and economic integration in the Horn of Africa and contribute to Djibouti's food security.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in GPM)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 50 million - USD 100 million
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Responsible Consumption and Production (SDG 12)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Good health and well-being (SDG 3) Decent Work and Economic Growth (SDG 8)
Sector Sources
  • 1) International Trade Centre (ITC). Services Snapshot Djibouti. 2012. https://www.intracen.org/uploadedFiles/intracenorg/Content/Redesign/Sector/Global_Services_Network_blog/Djibouti.pdf. 2) International Trade Centre (ITC). Trade in Services. 2021. https://www.intracen.org/itc/sectors/services. 3) AfDB, OECD, UNDP and UNECA. African Economic Outlook - Djibouti. 2012. https://www.afdb.org/fileadmin/uploads/afdb/Documents/Publications/Djibouti%20Full%20PDF%20Country%20Note.pdf. 4) International Monetary Fund (IMF). Staff Report and Statement by the Executive Director for Djibouti. 2019. https://www.imf.org%2F~%2Fmedia%2FFiles%2FPublications%2FCR%2F2019%2F1DJIEA2019002.ashx&usg=AOvVaw1RvQ6tvZvxKs6LwvWu6SyA. 5) African Development Bank (AfDB). Djibouti Economic Outlook. 2021. https://www.afdb.org/en/countries-east-africa-djibouti/djibouti-economic-outlook. 6) International Centre for Trade and Sustainable Development. The Gender Dimensions of Services. 2016. https://www.tralac.org/images/docs/10585/the-gender-dimensions-of-services-ictsd-september-2016.pdf. 7) UNCTAD, UN Women & EU. Gender and Trade Assessing the Impact of Trade Agreements on Gender Equality: Canada-EU Comprehensive and Trade Agreement. 2020. https://unctad.org/system/files/official-document/UNWomen_2020d1_en.pdf. 8) Chambre de Commerce de Djibouti. Panorama du Secteur Privé Djiboutien. 2015. http://ccd.dj/panorama-du-secteur-prive-2015. 9) Djibouti Ports & Free Zones Authority. Djibouti International Free Trade Zone. 2019. https://dpfza.gov.dj/facilities/Free-trade-area/djibouti-international-free-trade-zone. 10) Republic of Djibouti Ministry of Social Affairs and Solidarity. Strategie Nationale De Protection Sociale (2018 - 2022). 2017. https://sociales.gouv.dj/uploads/Categorie/a67a59e47f5299fa40143635aa82722f.pdf. 11) Horn of Africa Initiative, June. The Horn of Africa Initiative Launches its Multi-Donor Trust Fund (MDTF). 2021. https://hoainitiative.org/the-horn-of-africa-initiative-launches-its-multi-donor-trust-fund-mdtf. 12) World Bank. From Isolation to Integration: The Borderlands of the Horn of Africa. 2020. https://reliefweb.int/sites/reliefweb.int/files/resources/The-Borderlands-of-the-Horn-of-Africa.pdf.
IOA Sources
  • 13) Majlis Ugama Islam Singapura (MUIS). Annual Report. 2020. https://www.muis.gov.sg/-/media/Files/Corporate-Site/Annual-Reports/Muis-AR2020.pdf. 14) Republic of Turkey. Halal Accreditation Agency History. https://english.hak.gov.tr/about-us/history. 15) Al Halal Asia. About Us. 2021. https://www.alhalalasia.org/about. 16) Observatory of Economic Complexity (OEC). Historical Data, Yearly Exports. 2021. https://oec.world/en/profile/country/dji. 17) Halal Industrial Park. A Case for Investment in the Western Cape Halal Manufacturing Industry. 2020. https://www.elsenburg.com/sites/default/files/Halaal%20Industrial%20Park/HIP%20final%20report/HIP%20Phase%202_Final%20reports/1_General%20Investment%20Case/HIP_General%20Investment%20Case_Final%20Report.pdf. 18) Little, Peter D. Formal or Informal, Legal or Illegal: The Ambiguous Nature of Cross-border Livestock Trade in the Horn of Africa. 2015. https://www.tandfonline.com/doi/full/10.1080/08865655.2015.1068206. 19) DinarStandard. State of the Global Islamic Economy Report 2020/21. 2020. 20) Amana Investment Fund. About Halal Market Economy. 2019. https://amanafund.com/halal-market-economy. 21) Islamic Development Bank (IsDB). Rapport Sur La Finance Islamique Djibouti. 2018. https://irti.org/wp-content/uploads/woocommerce_uploads/2019/11/504.pdf. 22) Atalan-Helicke, Nurcan. Sustainable Halal? The Intersection of Halal, Organic and Genetically Engineered Food in Turkey. 2020. https://brill.com/view/journals/soi/8/3-4/article-p343_343.xml?language=en&ebody=Abstract%2FExcerpt. 23) RoyalCert. Halal Certification. 2020. https://www.royalcert.com/halal-certification. 24) Khan, Modh Imran & Dr. Abid Haleem. Understanding “Halal” and “Halal Certification & Accreditation System” - A Brief Review. 2016. https://saudijournals.com/media/articles/SJBMS-1132-42.pdf. 25) Sustainable Development Report, 2021. Country Profiles: Djibouti. https://dashboards.sdgindex.org/profiles/djibouti. 26) Trading Economics. Djibouti - Prevalence Of Undernourishment (% Of Population). 2017. https://tradingeconomics.com/djibouti/prevalence-of-undernourishment-percent-of-population-wb-data.html. 27) Azmi, Fadhlur Rahim et al. Type of Risk in Halal Food Supply Chain: A Review. 2020. https://www.researchgate.net/publication/343962891_Type_of_risks_in_halal_food_supply_chain_a_literature_review. 28) Republic of Djibouti. Vision Djibouti 2035. 2014. http://ccd.dj/w2017/wp-content/uploads/2016/01/Vision-Nationale.pdf. 29) Government of the Republic of Djibouti. Strategie de Croissance Accélérée et de Promotion de l'Emploi. 2015. https://economie.gouv.dj/wp-content/uploads/de95d383afef8bcbe0a3bc609a7f5c76.pdf. 30) Ministry of Foreign Affairs and International Cooperation & UNDP. Mid-Term Evaluation Of The Istanbul Program Of Action (2011-2020). 2015. http://unohrlls.org/custom-content/uploads/2015/12/Djibouti-National-Report-to-the-Midterm-Review.pdf. 31) Michigan State University, International Food Law and Regulations: Eastern Africa. 2021. https://libguides.lib.msu.edu/c.php?g=212831&p=1543212. 32) Chambre de Commerce de Djibouti. March 2021 Newsletter. 2021. http://ccd.dj/w2017/wp-content/uploads/2021/03/newsletter2021-01.pdf. 33) Giyanti, Ida & Erna Indriastiningsih. Impact of Halal Certification on The Performance of Food Small Medium Enterprises. 2019. https://journals.ums.ac.id/index.php/jiti/article/view/7242/5017. 34) World Food Programme (WFP). Urban In-Depth Emergency Food Security Assessment. 2011. https://reliefweb.int/sites/reliefweb.int/files/resources/Full_Report_2172.pdf. 35) Kettani, Houssain. Muslim Population in Africa: 1950 – 2020. 2010. http://www.ijesd.org/papers/27-D436.pdf. 36) Food and Agricultural Organization. 2021. Djibouti. https://www.fao.org/emergencies/countries/detail/en/c/151584.