The Muslim consumer market is growing at a staggering pace, and the halal market is an industry that entrepreneurs cannot afford to ignore. With an estimated 23% (1.8 billion) of the global population being Muslims - a figure which is expected to exceed a quarter of the global population by 2030 - the only problem the market faces today is the shortage of supply.
The global market for halal commodities is estimated at USD2.3 trillion (excluding Islamic banking). Growing at about 20% annually, it is one of the world's fastest growing markets. With Islam being the fastest growing religion in the world, another factor that contributes to these figures is consumer confidence in halal products. Halal products and services receive positive feedback from both Muslims and non-Muslims alike; due to the increased awareness that it promotes sanitation, good
hygiene practices and animal welfare in the food industries; as well as social responsibility, economic justice and ethical investing methods in other business sectors. These factors have led to the growth in the demand for halal products and services.
As Muslims become more affluent, they seek out products that better cater to their needs. Muslim youths now comprise 11% of the global population (43% are estimated to be under the age of 25). These young consumers are the future of halal consumption and are fast becoming a new outlet for growth in the market. With a rising population and higher disposable incomes, the halal market is one that businesses should not miss out on.
Who is this event for?
Targeted at the Muslim market, the Young Inspiring Entrepreneurs Convention (YIEC) serves as a platform upon which entrepreneurs and business leaders from around the region can discuss the current and emerging trends in the growing Islamic consumer market. It is tailor-made to especially benefit young entrepreneurs aged 18 to 40.
The YIEC is the ideal opportunity to find out about the latest happenings in the international halal industry. With its global outreach to the major industry players and stakeholders in this growing market, it is the perfect platform to uncover the current and emerging trends in this dynamic industry, and to network with the individuals who have a hand in shaping this constantly evolving industry.
Happenings at the YIEC:
- Presentations
- Exhibitions
- Networking
- Panel Discussions
- Industry Group Discussions
- Idea Pitches
The YIEC 2017 is expected to gather around 400+
- CEOs, executives and consultants in the Islamic market
- Investors interested to enter the Islamic market
- SME owners who wish to market their products to Muslim consumers
- Academics and researchers in the field
Segmentation of delegates by country:
- 55% - Singapore
- 20% - Malaysia
- 20% - Indonesia
- 5% - Rest of the region
Schedule & Speakers/Panelist
Day 1: Tuesday, 21 November 2017
>> 8.30am - Registration & Networking Breakfast
>> 9.30am - Opening Speech by Guest of Honor
>> 9.45am to 12.30pm - Talks & Forum
Talks 1: Social Change Through Profits by Mr Razz Salem, Director of EP-SI
Talks 2: Overview of the Islamic Economy by Mr Sani Hamid, Director Financial Alliance
Forum 1: What lies ahead for businesses in this economy? Availability and options of Islamic financing; and ways to stay sustainable by strategic financial management. Panelist: Mr Haron Masagoes, Mr Erly Witoyo, Mr Keon Chee
>> 12.30pm to 2.30pm - Networking Lunch & Zuhur Prayers
>> 2.30pm to 4.30pm- Ice Breakers, Forum & Talks
Forum 2: Marketing to the Muslim Market. Strategies to Increase your Business Outreach. Panelist - Mr Nurhafihz Noor, Mr Syed Ali Ridha Madihid, Mr Rayan Danial
Forum 3: Forum III: Understanding Behavioural and Buying Trends of Muslim Consumers and how Businesses can Leverage on their Lifestyle. Panelist - Mr Fazal Bahardeen, Ms Q Akashah, Mr Fazil Hamid Marican
>> 4.30pm to 6pm: Networking High Tea + Industry Discussions
>> 6pm: End of day
Day 2: Wednesday, 22 November 2017
8.30am - Networking Breakfast
9.30am to 12.30pm - Talks & Forum
Talk 3: Social impact in businesses by Mr Razz Salem, Director of EP-SI
Talk 4: Experience Sharing: Rising from Ashes by Mr Edy Ongkowijaya, owner of D'Penyetz
Talk 5: Business Strategy: Turning Red to Black by Mr Ismail Mustafa, CFO of Destini Holdings
Forum 4: Challenges of Muslim Entrepreneurs in the Current Economy. Panelist to be confirmed.
Talk 6: Branding Strategies for the Muslim Market by Donald Gonsalves, Managing Director of Enthof Brand Communications & Designs Pte Ltd
12.30pm to 2.30pm - Networking Lunch & Zuhur Prayers
2.30pm to 4.30pm - Motivational Talk & Experience Sharing
4.30pm to 6pm - Networking High Tea + Industry Discussions
6pm - End of Conference
Details
Young Inspiring Entrepreneurs Convention: for the Halal Market
2 Days of Convention
Date: 21 & 22 November 2017
Time: 8.30am - 6pm ( Both days )
Venue: Furama River Front Singapore
Price:
Full delegate pass: $258.00
Early Bird (ends on 20th Oct 2017): $198.00
* Optional Reading Materials
Title: Islamic Finance Why It Makes Sense
Author: Daud Vicary Abdullah & Keon Chee
Price: $20. ( Usual Price $27 )
Terms and Conditions:
1) Full Payments are to be made before Event starts.
2) No refund for participants that fails to attend the Event. Ensure you can commit to the event timings.
3) Participants are to attend the Event punctually and inform organisers early if they are late.
4) Organisers have the rights to make changes to schedule or cancel this event. Participants will be informed in advanced for changes.
