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Is Luckin Coffee Halal?
With Malaysia’s rising coffee culture comes an increase in cafes and shops offering coffee – from popular chains to local favourites. But one player stands out, Luckin Coffee from China, is making waves and entering Malaysia with gusto. Notable features of Luckin include their trendy latte art designs as well as quality production processes with sustainable sourcing practices that allow it to enter Malaysia with relative ease. They have even received backing from Malaysia’s premier investment banks so as to smoothly penetrate Malaysia with no trouble at all – but can it truly qualify as halal?
Made a name for themselves in China’s domestic market, this company is well-regarded for their affordable prices and unique menu offerings, such as Iced Coconut Latte which has sold over 300 Million cups! Their technological convenience also shines through with customers ordering through an app and fast deliveries.
Customers of this brand have applauded its affordable yet high-quality coffee blends, and have also appreciated the friendly, efficient service provided by staff members. Customers were also pleased to discover a selection of bakery items available at their stores.
Though Gong Cha has yet to make its presence felt in Malaysian coffee culture, its strong presence and popularity make it expected that they will thrive as part of an already existing coffee scene. They will face stiff competition from existing chains like Starbucks and Gong Cha, yet with its unique menu and affordability may help stand out.
If you’re interested in investing in this brand, SGX Mainboard provides public listings. Their company has been reviewed by Shariah advisors and meets requirements of various global indices – for more details visit their website.