Halal Angels Network, HalalNexus to boost local halal startup ecosystem

The Halal & Ethical Investment Summit will also be held in Singapore post-pandemic.

The Halal Angels Network has joined forces with HalalNexus Singapore to support the local government and firms in halal consumer market as well as Islamic finance.

In boosting the promotion for the halal startup ecosystem, the partnership will focus on key areas: halal fintech, halal foodtech, halal tourism, ethical finance, and future technologies.

According to Halal Angels Network founder Tausif Malik, the partnership would back the Singaporean government’s startup initiatives and market opportunities in venturing into the halal consumer market, both B2C and B2B.

Further, Halal Angels Network and HalalNexus would be hosting the Halal & Ethical Investment Summit in Singapore post-COVID-19 pandemic, which would be part of a series of conferences to be held at different locations worldwide.

“Due to Singapore’s government pro-business policies and initiatives, it has emerged as one of the best places in the world to do business, with access to investors not only from Singapore but from other parts of the world,” said Halal Angels Network in a media release.

“Halal Angels Network’s focus on halal startups and entrepreneurship will make it easy for us to connect and leverage with other like-minded startups, entrepreneurs and investors. Furthermore, as Singapore is poised to capitalise on the over $2.69t (US$2t) halal market size in [the] Asia-Pacific region, it represents a huge opportunity for halal startups here,” HalalNexufs founder Sulaiman Harun said.