Third Makkah Halal Forum Concludes with 15 Strategic Agreements to Boost Global Halal Economy

Makkah Hosts Landmark Halal Forum, Forging 15 Key Partnerships

Makkah, Saudi Arabia – The Third Makkah Halal Forum successfully concluded on February 18, 2026, marking a significant step forward for the global halal industry. The three-day event, held from February 14 to 16, 2026, at the Makkah Chamber of Commerce and Industry Exhibition and Events Center, culminated in the signing of 15 strategic cooperation agreements between various local and international entities.

These agreements are designed to foster greater economic integration within the halal sector, standardize practices, enhance the quality of halal products, and reinforce the credibility of halal certification systems worldwide.

Driving Economic Integration and Standardisation

Under the patronage of Minister of Commerce Dr. Majid Al-Qasabi and organized by the 'Manafie' initiative, the forum served as a crucial platform for dialogue and decision-making. Its primary objective was to advance the global halal sector by cultivating strategic partnerships across both public and private spheres. The forum emphasized strengthening confidence and integration in halal industry standards, promoting responsible and sustainable development, and expanding international cooperation and knowledge exchange.

The event witnessed substantial participation, drawing thousands of visitors from around the globe. A total of 170 exhibitors representing 15 countries showcased cutting-edge innovations and services across the entire halal value chain, underscoring the growing investment appeal and competitive environment of the Saudi market.

Global Impact and Future Outlook for the Halal Industry

The theme for this year's forum was 'Halal as a professional industry,' reflecting the sector's increasing sophistication and economic importance. The global halal industry was valued at approximately $2.42 trillion in 2023 and is projected to reach $3.36 trillion by 2028, highlighting the immense economic opportunities within this sector.

The agreements signed at the forum are expected to play a pivotal role in facilitating trade, enhancing product development, and ensuring the authenticity and integrity of halal offerings for consumers worldwide. The forum's success reinforces Makkah's position as a central hub for the global halal economy and a catalyst for its continued growth and innovation.

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6 Comments

Avatar of BuggaBoom

BuggaBoom

Is this really about ethics or just making more money? Sounds like corporate consolidation.

Avatar of Loubianka

Loubianka

The idea of a 'professional industry' for halal is good for global recognition and investment. Still, it's important to remember that halal is rooted in faith and ethics; the forum should prioritize those values over purely commercial interests to maintain authenticity.

Avatar of Katchuka

Katchuka

Great to see the halal industry recognized as a professional, growing sector. Huge potential!

Avatar of Eugene Alta

Eugene Alta

Finally, structured growth for a vital industry! This is excellent news for consumers worldwide.

Avatar of KittyKat

KittyKat

This forum brings much-needed standardization and economic integration. Fantastic initiative!

Avatar of Raphael

Raphael

Strategic agreements often just mean bigger players taking over. What about small businesses?

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