The halal economy — once largely confined to food and finance — is now expanding into technology, lifestyle, fashion, travel and beyond. For Muslim entrepreneurs, particularly in diaspora hubs, this presents a significant opportunity to build faith‑aligned, scalable ventures.

Market Trends & Evidence

While precise global size estimates vary, the halal economy is projected to grow into the trillions of dollars in the coming decade. For example, one recently published study notes the intersection of halal sector growth with AI and digital technologies. 

Examples of opportunities:

Modest fashion e‑commerce platforms catering to Muslim women in London, Toronto, and Dubai.

Halal fintech apps offering Shariah‑compliant investment or savings products in New York, Dubai, and other financial centres.

Halal travel tech platforms that help Muslims find halal‑friendly destinations, accommodations and experiences.

Tech verification services for halal certification, supply‑chain transparency, blockchain for halal traceability.

Why This Matters

Working at the crossroads of faith and technology gives Muslim entrepreneurs a double advantage:

1. They can serve underserved Muslim markets (with purchasing power) globally — diaspora plus home countries.

2. They can align value‑based purpose (faith, ethics) with market demand, often creating strong differentiation and built‑in community‑support.

How Startup Muslim Can Facilitate

Feature “Halal Tech & Startup” spotlights: interviews with founders, deep‑dives into business models, lessons learned.

Offer a resource hub: market size data, growth projections, key success factors for halal‑tech startups.

Build a network of halal‑investors/angel‑funds and connect them with Muslim‑tech founders.

Host hackathons or startup challenges specific to faith‑tech / halal‑tech: e.g., “Modest Fashion Marketplace”, “Halal Fintech App”, “Supply Chain Halal Traceability”.

Final Word

The halal‑tech wave is just beginning. For the Ummah, this represents a chance to build globally‑relevant, high‑impact, faith‑aligned enterprises — and your platform can be the springboard.