Halal – An Earnings Boost Strategy
Over the next two decades, the global Muslim population is expected to rise to almost twice of that of the non-Muslim population. Such growth would trigger the vast development of the halal market. We found that companies, which implement halal practices as part of their strategy, are delivering robust earnings growth with high respective ROAEs, asset turnover, and EBIT margins. Our Top Picks are Bangkok Dusit Medical, BIMB, Mengniu, Indofood CBP, and Malee.