Sergey Katyrin: Time is Up to Clarify the Standards of Work on the Halal System for Entrepreneurs

The standards by which halal products are produced should naturally be adapted to the understanding of manufacturers, said Sergey Katyrin, President of the Chamber of Commerce and Industry of the Russian Federation, speaking in Kazan on May 19 at the plenary session of the XIII International Economic Summit "Russia - Islamic World: KazanSummit 2022" on the topic " The sharing economy and the common good of halal”.


Even working on the basis of halal system, it is not always possible to follow the same standards, because different countries and communities approach these standards differently. “When we tried to sell products in Iran, it turned out that Sunnis and Shiites have different approaches to the topic of halal, and different states have different approaches. Even those who have common standards in some cases have different requirements for different products,” said the head of the Federal Chamber.


An important problem, according to Sergei Katyrin, is the development of a system of certification centers for halal products. “We have a Center established under the Council of Muftis of Russia, but we need to create the same centers in other structures that could satisfy the interests of all our manufacturers. We would also like to be able to orient our colleagues, entrepreneurs to work with our foreign colleagues in this sector.”


The President of the Chamber of Commerce and Industry of Russia called Islamic finance a "serious resource" accumulated in Islamic banking. But he drew attention to the fact that approaches in this area differ from those generally accepted in Russia. So, derivatives are not financed, trade in alcohol, tobacco, weapons and many other goods that are unacceptable for Islamic banking are not financed, but for us this topic is very interesting, especially in the light of the current circumstances in which access to such resources as Islamic banking would be extremely important to us.”


Earlier, Sergey Katyrin took part in the opening of the Russia Halal Expo exhibition.