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Halal Industry

Local halal food sales to reach RM50 billion this year

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Local halal food sales to reach RM50 billion this year

The local halal food sector is seen to be growing as sales of halal food is expected to reach RM50 billion this year, said Minister in the Prime Minister’s Department (Religious Affairs), Mohd Na’im Mokhtar.  

07 Jun 2023

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IsDB: Growing Demand for Halal Products Presents Investment Opportunities, Trade Potential

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IsDB: Growing Demand for Halal Products Presents Investment Opportunities, Trade Potential

The Islamic Development Bank (IsDB) has highlighted the increasing demand for halal products and services, stating that this trend will create investment opportunities and promote the export and intra-trade of halal goods among member countries and Muslim communities. Datuk Amer Bukvic, the Ag. Director General Global Practices and Partnerships at Islamic Development Bank (IsDB), emphasized the significance of the halal industry during the IsDB annual meetings in Jeddah.

17 May 2023

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HDC sees Malaysia’s halal exports rising up to 15% in 2023

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HDC sees Malaysia’s halal exports rising up to 15% in 2023

Malaysia’s exports of halal products are expected to rise by up to 15% this year based on the country’s total trade performance of about RM3 trillion last year, said Halal Development Corporation Bhd (HDC).

10 May 2023

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Bekal by Foodpanda strengthens Malaysia's position as global Halal hub

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Bekal by Foodpanda strengthens Malaysia's position as global Halal hub

A food delivery service platform with halal status can strengthen Malaysia's position as a Halal hub at the global level, said Minister in the Prime Minister's Department (Religious Affairs) Datuk Dr Mohd Nai'im Mokhtar.

18 Apr 2023

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Asia: Malaysia to tap Hong Kong’s ESG maturity, global hub status to grow Islamic finance sector, Zafrul says

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Asia: Malaysia to tap Hong Kong’s ESG maturity, global hub status to grow Islamic finance sector, Zafrul says

Malaysia is keen on leveraging Hong Kong’s financial hub status to grow its own sizeable footprint in the Islamic finance industry while supporting the city’s ambitions in the US$2.2 trillion sector, Kuala Lumpur’s trade tsar has said.

05 Apr 2023

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Building local halal champions

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Building local halal champions

The halal industry is expected to create 690,000 employment opportunities by 2030

31 Mar 2023

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Halal industry, maritime transportation collaboration a boost for Malaysia's halal sector

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Halal industry, maritime transportation collaboration a boost for Malaysia's halal sector

The halal industry requires a comprehensive halal logistics and transportation system to ensure halal products are transported in compliance with halal standards.

31 Mar 2023

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Halal industry to expand to US$113.2b by 2030, GDP contribution 8.1pc by 2025

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Halal industry to expand to US$113.2b by 2030, GDP contribution 8.1pc by 2025

Malaysia’s halal industry is projected to expand to US$113.2 billion (RM502.3 billion) by 2030, with a gross domestic product (GDP) contribution of 8.1 per cent by 2025 through the Halal Industry Master Plan 2030 (HIMP 2030).

27 Mar 2023

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Malaysia's Prime Minister visits IsDB Headquarters in Jeddah to strengthen relations and explore a strategic partnership between the Asian nation and the IsDB Group

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Malaysia's Prime Minister visits IsDB Headquarters in Jeddah to strengthen relations and explore a strategic partnership between the Asian nation and the IsDB Group

Islamic Development Bank (IsDB) President and Group Chairman, H.E. Dr. Muhammad Al Jasser, on Thursday, 23 March 2023, welcomed the Malaysian Prime Minister and Minister of Finance, H.E Dato' Seri Anwar bin Ibrahim and accompanying delegation to the IsDB Group Headquarters in Jeddah in a historic visit to strengthen relations and explore a strategic partnership between the Southeast Asian nation and the IsDB Group. 

27 Mar 2023

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