A Measurement Model of Successful Halal Industry

The halal industry has experienced accelerated growth globally, contributing RM7.4 trillion (USD 2.3 trillion). Therefore, this study proposes a conceptual model of the halal industry’s success within a literature review, including a descriptive-qualitative approach. It is utilised to define the ind...

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Main Authors: Efri Syamsul, Bahri, Juhary, Ali
Format: Journal
Language:en
Published: 2022
Online Access:http://ur.aeu.edu.my/1068/1/23-34.pdf
http://ur.aeu.edu.my/1068/
https://journal.uinmataram.ac.id/index.php/iqtishaduna
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author Efri Syamsul, Bahri
Juhary, Ali
author_facet Efri Syamsul, Bahri
Juhary, Ali
author_sort Efri Syamsul, Bahri
building AEU Library
collection Institutional Repository
content_provider Asia e University
content_source AEU University Repository
continent Asia
country Malaysia
description The halal industry has experienced accelerated growth globally, contributing RM7.4 trillion (USD 2.3 trillion). Therefore, this study proposes a conceptual model of the halal industry’s success within a literature review, including a descriptive-qualitative approach. It is utilised to define the indicators concerning the success of the halal industry and predictor factors that have a significant effect. This study is a conceptual work that identifies several factors that influence the success of the halal industry by surveying several factors that affect them. The survey was performed through a literature review. This study displays three indicators of success in the halal sector: business growth, growth, the decision to buy, and financial performance. In addition, this study discovered that four factors are predicted to significantly affect the success of the halal industry: halal certification, product quality, governance support, and Sharia banks. The results obtained from conceptual models and hypotheses are demanded to examine this effect. It is also utilised to design new constructions validated to confirm the halal industry in various countries. Therefore, this conceptual model stands desired to study the success of specific halal sectors further.
format Journal
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institution Asia e University
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publishDate 2022
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spelling my-aeu-eprints.10682023-04-13T04:37:23Z http://ur.aeu.edu.my/1068/ A Measurement Model of Successful Halal Industry Efri Syamsul, Bahri Juhary, Ali The halal industry has experienced accelerated growth globally, contributing RM7.4 trillion (USD 2.3 trillion). Therefore, this study proposes a conceptual model of the halal industry’s success within a literature review, including a descriptive-qualitative approach. It is utilised to define the indicators concerning the success of the halal industry and predictor factors that have a significant effect. This study is a conceptual work that identifies several factors that influence the success of the halal industry by surveying several factors that affect them. The survey was performed through a literature review. This study displays three indicators of success in the halal sector: business growth, growth, the decision to buy, and financial performance. In addition, this study discovered that four factors are predicted to significantly affect the success of the halal industry: halal certification, product quality, governance support, and Sharia banks. The results obtained from conceptual models and hypotheses are demanded to examine this effect. It is also utilised to design new constructions validated to confirm the halal industry in various countries. Therefore, this conceptual model stands desired to study the success of specific halal sectors further. 2022 Journal PeerReviewed text en http://ur.aeu.edu.my/1068/1/23-34.pdf Efri Syamsul, Bahri and Juhary, Ali (2022) A Measurement Model of Successful Halal Industry. IQTISHADUNA Jurnal Ekonomi & Kewangan Islam, 13 (1). pp. 23-34. ISSN 2087 9938 https://journal.uinmataram.ac.id/index.php/iqtishaduna
spellingShingle Efri Syamsul, Bahri
Juhary, Ali
A Measurement Model of Successful Halal Industry
title A Measurement Model of Successful Halal Industry
title_full A Measurement Model of Successful Halal Industry
title_fullStr A Measurement Model of Successful Halal Industry
title_full_unstemmed A Measurement Model of Successful Halal Industry
title_short A Measurement Model of Successful Halal Industry
title_sort measurement model of successful halal industry
url http://ur.aeu.edu.my/1068/1/23-34.pdf
http://ur.aeu.edu.my/1068/
https://journal.uinmataram.ac.id/index.php/iqtishaduna
url_provider http://ur.aeu.edu.my/