The word ‘halal’ meaning permissible is usually used in reference to food and the financial sector or services but it can also apply to a wider range of products and industries. According to an article by the FinancialManagement Magazine, the halal economy is said to amount to $3 trillion by 2023 so it is no wonder that more and more people are looking into it. But what are the challenges that entrepreneurs and startups in this space might face? According to Siddika Jaffer, the founder of the Halal Dining Club, a potential challenge could be the infancy of the investment space but she recognizes that this is slowly changing citing an event last year organized by Hambro Perks, a UK venture firm.

In this episode, Umar Munshi, co-founder and Group Managing Director of Ethis Global interviews Siddika Jaffer, founder of Enfoundery and Halal Dining Club, a dining app startup lauded as one of the Top 5 Muslim startups by Forbes. Siddika was named Top 500 Global Business Leader in the Islamic Economy by Islamica 500. She is currently working with BCG Digital Ventures, a venture builder company to create ventures from scratch. Join us as they delve into the halal economy and startups, how COVID-19 has affected these areas/groups, Siddika’s background, her current work and lastly, her advice to young people.

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