UAE-based Al Islami Foods has enjoyed a bumper 2007, with net sales up 59% to the end of July, and a two-point increase in market share, according to the company.
The company has also claimed market leader position in the frozen chicken market in UAE supermarkets, with a 25% market share.
Chief executive Saleh Abdullah Lootah said the company’s commitment to offering “real halal” to consumers was the “main engine of solid growth”.
“Today we are celebrating a marked success in the local market,” he said.
“We are confident that we will win the trust of growing Muslim communities in international markets as well.”
This year Al Islami has signed memorandums of understanding with state-owned organisations in the UAE and Malaysia, and also inked distribution and franchise deals in Egypt and Iran.
The company’s Al Islami Cart concept, launched during Gulfood 2007, has also been introduced into Egypt, Iran and Malaysia.
Al Islami has also announced it is one the verge of signing a joint venture with 3663 First for Foodservice to tap into the UK’s $4 billion halal food market.
“Scientifically proven health benefits of Halal food have attracted an unprecedented demand for these products across the world, from both Muslim and non-Muslim consumers alike, which is expanding halal market from local to global,” Lootah said.
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