Halal Cosmetics — A Market Built on Respect for Two Billion People
The world's Muslim population is often put at around two billion, and cosmetics and foods prepared with halal in mind have become one of the fields drawing global attention. Halal means "permitted," and it concerns not only where ingredients come from but also how products are made and stored.
The handling of certain animal-derived components and alcohol, and the prevention of cross-contamination, ultimately call for full traceability of materials and careful process control. That, I think, is exactly what Japanese manufacturing does best. Lot tracing, documented processes and contamination control are part of everyday work in Japanese factories, and they overlap remarkably with what halal practice asks.
For Japanese makers, then, this is less an investment from zero than a translation of an honesty already practiced. Where respect for faith shakes hands with a culture of quality, there is room for something meaningful. What do you work for?
— Tomoki Nagano, Chairman & CEO, INSTINCT BIO TECHNICAL COMPANY (NASDAQ: BIOT)
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The Nasdaq-listed company where the author serves as Chairman.
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This series reflects the personal views of the author. It is not an earnings forecast, a valuation of any security, or a solicitation to invest.