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SMEs need to increase halal exports activities

25 Aug 2021 | Wednesday Source: The Malaysian Reserve

Malaysia should push more small and medium enterprises (SMEs) to be involved in the halal industry to tap into the multibillion-dollar global halal export market.

Bank Islam Malaysia Bhd’s SME banking head Rizal Yusof said local halal SMEs that are active in exporting their products currently only amounts to RM40 billion, whereas the global market stands at RM2.3 trillion.

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