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Message: <blockquote data-quote="ibnanv" data-source="post: 14630879" data-attributes="member: 218596">Sri Lanka prices not to fall after dropping 'halal' label                 Mar 12, 2013 (LBO) - Sri Lanka's influential  Ceylon Chamber of Commerce announced that the cost of halal  certification was so "insignificant" that it was not even considered  when calculating the cost of production of food sold locally.                                CCC chief Susantha  Ratnayake, who is also the chairman of John Keells Holdings, said the  widely used 'halal' label showing compliance with Islamic religious  requirements issued by the All Ceylon Jamiyyathul Ulama (ACJU) cost next  to nothing.   The ACJU along with the CCC and a few Buddhist monks announced Monday  they have decided to stop 'halal' products getting into the local market  bowing to pressure from anti-Muslim Buddhist nationalists who had  called for a boycott of such products.                                                                                                                                       Reporters asked whether prices would fall after the withdrawal of the certificate.   "The cost of the halal certificate is so low no one includes that in  the cost of production," Ratnayake told reporters a press conference he  chaired with ACJU clerics as well as Buddhist monks responding to  queries whether prices would fall after the label was dropped.  Some Buddhist nationalists had said that the halal certificate was an  indirect tax on non-Muslims, as it added to the cost of production.  "It is a myth. I can tell you it is even more than a myth," he said.  "The amount that was charged for the halal certificate was so very very  low it was not taken into account when calculating the cost of  production."  Muslim clerics had earlier said that there was a fee of 700 rupees per  month for five products and 1,500 rupees for up to 10 products. But in  the future the certificate would be issued free of charge.  Ratnayake said local manufacturers were still free to obtain halal  certification from the ACJU for their produce that is exported to areas  such as the Middle East. <a href="http://www.lankabusinessonline.com/fullstory.php?nid=902459158" target="_blank">http://www.lankabusinessonline.com/fullstory.php?nid=902459158</a></blockquote>

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