THE HALAL SERVICES MARKET IN THE ECONOMY AND ITS DEVELOPMENT PROSPECTS

Аннотация

This article examines the characteristics of the halal services market in countries around theworld and provides suggestions for itsdevelopment inUzbekistan. Keywords: Halal, halal food, halal food industry, Muslims, Sharia, Islamic countries, halal certificate, Muslim consumers. Introduction. Given the growing number of Muslims in the world, halal products have enormous potential both in the Muslim world and in the global market. The production of halal products and services covers almost all sectors of the modern economy: tourism, fashion, finance, IT and media, and the halal lifestyle is becoming popular not only among Muslims, but also among peopleof otherfaiths. Halal economy is the offering of products and services by enterprises and organizations of the economy to consumers that are produced in accordance with the norms, rules, and methods permitted bySharia. The philosophy of halal is based on the understanding that goods and services are created to create comfortable conditions for consumers, improve living conditions and do good deeds for the sake of Allah, not for personal gain. Halal is, first of all, a quality and responsible attitude towards the buyer. The values created and fair wages for work and the efforts made by the manufacturer to produce them cannot be called halal if they are associated with consumer deception, monopoly profit, speculative transactions, violation of contractual obligations and illegal production methods. Halal production refers to the values and traditions established in thecultureand religion ofMuslimpeoples. AccordingtotheMastercard-Crescent Ranking Global Muslim Travel Index : • The number of international Muslim tourists in 2022 was 110 million, accounting for 12% of allinternational arrivals. This isasignificant increase; •The number of travelers increased by 140 million in 2023 and returned to the pre-pandemic level of160million in2024; • The number of Muslims will reach 230 million by 2028, and the costs are estimated at 225 billion USdollars. the halal economy grows year by year, this type of food is consumed not only by Muslims but also by non-Muslim customers. Initially, non-Muslims and some Muslims thought that halal food was safe and hygienic, so the demand for such products increased, and withits widespread acceptance, the halal food market emerged. It is no exaggeration to say that the halal food market has now become one of the largest consumer markets in the world. This is because the number of Muslims around the world who contribute to the halal food industry is increasing dramatically. Due tothis, thedemand forthe halal food industry and services isincreasing. Analysis of the literature on the topic. Due to the diversity of tastes and interests of the Muslim population living in the world, it is shown that there is a high demand for halal food products in the food market. In this area, world scientists Mian N. Riaz, Muhammad M. http://www.internationaljournal.co.in/index.php/jasass 286 Volume 15Issue 06, June 2025 Impact factor: 2019: 4.679 2020: 5.015 2021: 5.436, 2022: 5.242, 2023: 6.995, 2024 7.75 Chaudry [2], Florence Bergeaud-Blackler, John Lever, Johan Fischer [3], Wan Melissa Wan- Hassan, Khairil Wahidin Awang [4], Al Qaradawi [5]. conducted research in their scientific works. At the same time, scientists from the CIS countries Uzakov YA.M. [6]. Damir Mukhetdinov [7]. The world halal food market and the requirements for developing products for them are analyzed. In this regard, there are great opportunities in Uzbekistan, but scientific research isrequired. The word "halal" is derived from the Arabic word "halal" and means "free", "unbound". It refers to actions and deeds that are permissible for Muslims in Sharia, and foods that are considered clean and pure. Therefore, halal food refers to foods that meet the laws and conditionspermitted in Sharia. Forfoods tobe halal, theymust fully comply with thefollowingconditions: - not contain animal products or parts that are not halal for Muslims or animal products that havenot been slaughtered according to Sharialaw; - foods that do not contain najas (things that are impure according to Sharia: blood, alcohol, dogmeat, pork, their milk, dead animals,etc.) according to Sharialaw; -besafe and harmless; - according to Sharia law, it must not be prepared or manufactured using equipment contaminated with unclean materials; -food orits ingredients donot contain human parts; - during the processes of preparation, processing, packaging, storage or transportation of food, it must be carried out separately from other products that are not prepared in accordance with theabove rules. Research methodology. The methods of observation, comparison, experimentation, analysis, andsynthesis were used in theanalysis and research processes ofthis article. Analysis and results. Following halal guidelines, especially in purchasing daily food products andadhering tothe dietary system, is themost importantcondition ofIslami