Statistical Analysis Of The Halal Market In Russia

Abstract

Some segments of the market have the opportunity to develop for various reasons against the backdrop of existing economic problems in Russia. So, they include the halal market. If we ignore the crisis phenomena inherent in all sectors of the economy, the halal market is developing due to the growth of the Muslim population, migration from Muslim countries to Russia, as well as still friendly relations with countries where the Islamic factor is of high importance, including Arab, Asian and African states. There are constraining factors preventing even greater development of the halal market in Russia despite the presence of such trends. The purpose of this article is to conduct a statistical analysis of growth reserves and suggest ways to achieve them. The article focuses on demographic, financial and institutional factors. It is important to note that the assessment is focused on the regions of Russia, where the number of Muslims in the population structure ranks first.

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Publication Date

30 September 2024

eBook ISBN

978-1-80296-966-5

Publisher

European Publisher

Volume

4

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-

Edition Number

1st Edition

Pages

1-1008

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Cite this article as:

Shovkhalov, S. A. (2024). Statistical Analysis Of The Halal Market In Russia. In K. A. Said-Akhmadovich, & A. S. Salamova (Eds.), Modern Trends in Governance and Sustainable Development of Socio-economic Systems: From Regional Development to Global Economic Growth, vol 4. European Proceedings of Multidisciplinary Sciences (pp. 806-813). European Publisher. https://doi.org/10.15405/epms.2024.09.91