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Increasing the Resilience of the Food Systems

In Islamic States in Face of Future Food Crises

132

5.3.

SWOT Assessment of the OIC’s Current Food Systems

Overview

While the OIC is naturally endowed with resources, a young population, and broad

opportunities—in particular in halal food and investments—the bloc faces substantial

limitations, spanning fundamental structural weaknesses and numerous gaps in food

production. As substantial environmental threats face the region, a comprehensive policy

framework is desperately needed to strengthen the OIC food system.

Table 70: SWOT Analysis of OIC’s Food Systems and Mapping to Areas of the Food Security

Policy Framework

Monitoring

Mitigation

Adaptation

Resilience

Strengths

The OIC countries have substantial natural endowments

Substantial young population

Weaknesses

Food

production and

trade

Weak agricultural systems, far below potential

Lack of globally competitive food and beverage

companies

High trade barriers inhibiting intra-OIC trade

Lack of financing, in particular, Shariah-

compliant

Fundamental

structural

weaknesses

Limited research activities and capabilities

Weak economic, legal and government

institutions

Opportunities

Halal food trade

Foreign direct investment

OIC-led investment fund opportunities, spanning public and

private sector

Zakat made accessible for social safety nets

Threats

Environmental disaster spanning climate change, water shortage

and loss of arable land

Lack of planning for potential food crises and limited adaptability

due to lack of adequate social safety nets

Source: DinarStandard Analysis

OIC Strengths

The OIC is naturally resource abundant. OIC states possess 65% of the global reserves of crude

oil—a major source for energy and petrochemical products that drive the world economy

today—and 58% of the global proven natural gas reserves.

509

They further possess 40% of the

world’s mineral resources and occupy 29% of its arable land area.

510

Many OIC countries rank

509

OIC-StatComwebsit

e. http://www.oicstatcom.org

510

SWOT analysis of the OIC member states 2013

- https://www.academia.edu/12221828/SWOT_Analysis_of_the_OIC_- _2013