At a recent three-day halal food fair in the Bosnian capital, the first of its kind in the Balkans, some 30 producers from the region gathered to present their goods -- meat products, cheese, sweets, pastry, oils and even halal cosmetics.
"The halal market represents more than one billion people across the globe. It is a young market with an important purchasing power," said Amel Kovacevic, one of the organisers of a halal food fair in Sarajevo.
In addition to low labour costs, he said Balkans-based companies can try to take advantage of their geographical advantage: located in the Mediterranean basin, they are near both European and Middle Eastern markets.
The Brajlovic factory, near Sarajevo, is among some 150 food producers in the Balkans which have obtained halal certificates for a total of 2,000 food products.
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"Halal should not been seen as something that will immediately accelerate production and make profit grow in a day," Asim Bajraktarevic, in charge of production in the processed meat factory, told AFP.
Halal, an Arab word meaning "lawful", refers to all things and actions permitted by the Koran to practising Muslims.
With regard to food, it notably concerns ensuring that approved types of meat have been slaughtered according to ritual, as well as ensuring that processed foods as well as pharmaceuticals and cosmetics do not contain any non-halal products.
Amir Sakic, head of a halal certification agency in Sarajevo, said that the number of companies getting the licence for halal production in the Balkans is now growing by between 30 and 40 per cent per year.