The halal industry's expansion into sectors such as food, beverages, and tourism has been evident in recent years, supported by Malaysia's Halal Development Corporation Bhd (HDC). HDC forecasts a 15% increase in halal product exports this year, building on the robust performance of 2022, where exports reached RM59 billion, a notable 63% surge from 2021. Investments in halal industrial areas have been substantial, totaling RM16.4 billion by the end of 2023, with an additional RM600 million expected this year. These figures underscore the global appeal of Malaysian halal products, emphasizing their quality, cleanliness, and authenticity. In anticipation of this growth, Qew Group Berhad enters the halal industry by establishing a Digital Asean Smart Halal Industrial Park in Bukit Kayu Hitam, Kedah. Located within the Free Trade Zone (FTZ) area, the park aims to offer cutting-edge infrastructure and amenities to support the entire halal value chain, from production to distribution. Learn more through the article at https://lnkd.in/efEbXjR9 Find out more about our projects here https://lnkd.in/eAh8DpRV
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“The forecast for the Halal products market is to reach US$5 trillion (RM23.3 trillion) by 2030. Last year, the Halal economy was US$3 trillion. There is a lot of room for Malaysia to capitalise on these opportunities. Malaysia has the advantage because our Jakim (Department of Islamic Development Malaysia) Halal certification is highly recognised and much sought after by the international business community,” Abu Bakar told SunBiz in an exclusive interview. He mentioned that Malaysia’s strength in the global Halal market comes from its innovation, research and development efforts and collaboration with international partners. Full article: https://lnkd.in/gaZn93qJ Download the Verify Halal app today to verify the Halal status of products, premises, and abattoirs. (iOS) https://lnkd.in/gaNG83D (Android) https://lnkd.in/g6G-FWM #VerifyHalal #halal #toyyiban #food #global #international #world #halalcertified #halalcertificate #halalservices #halalproducts #restaurant #beverages #pharmaceuticals #cosmetics #slaughtering #abattoirs #technology #tourism #certification #body #accreditation #trade #IndustryNews #export #import #halalindustry #DigitalHalalEcosystem
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“The forecast for the Halal products market is to reach US$5 trillion (RM23.3 trillion) by 2030. Last year, the Halal economy was US$3 trillion. There is a lot of room for Malaysia to capitalise on these opportunities. Malaysia has the advantage because our Jakim (Department of Islamic Development Malaysia) Halal certification is highly recognised and much sought after by the international business community,” Abu Bakar told SunBiz in an exclusive interview. He mentioned that Malaysia’s strength in the global Halal market comes from its innovation, research and development efforts and collaboration with international partners. Full article: https://lnkd.in/gaZn93qJ Download the Verify Halal app today to verify the Halal status of products, premises, and abattoirs. (iOS) https://lnkd.in/gaNG83D (Android) https://lnkd.in/g6G-FWM #VerifyHalal #halal #toyyiban #food #global #international #world #halalcertified #halalcertificate #halalservices #halalproducts #restaurant #beverages #pharmaceuticals #cosmetics #slaughtering #abattoirs #technology #tourism #certification #body #accreditation #trade #IndustryNews #export #import #halalindustry #DigitalHalalEcosystem
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Can halal regulations actually spark a growth revolution in Indonesia? 🌍From fostering consumer trust to meeting global standards, Indonesian companies are optimistic, viewing the new standards as a pathway to innovation and market expansion. Senior Marketing Lecturer Dr Samer Elhajjar, Ph.D. believes that such an initiative “is intended to bolster consumer confidence, both domestically and internationally, as well as to promote Indonesia as a leader and top producer of halal products.” Read more about this new initiative here: https://lnkd.in/gm76aB_V #nusbusinessschool #leadingfromasia
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Exporters who wish to sell their halal food products in #China – one of the biggest halal markets – need to go beyond offering Muslim-friendly products. Marketing #halal food products as healthy and safe will not only appeal to Chinese Muslims but also to the broader consumer market as well, according to the speakers at the panel discussion at the Malaysia International Halal Showcase (#MIHAS) 2024. MIHAS is an annual event organized by the Malaysia External Trade Development Corporation (MATRADE). #ASEAN #Malaysia
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“The forecast for the Halal products market is to reach US$5 trillion (RM23.3 trillion) by 2030. Last year, the Halal economy was US$3 trillion. There is a lot of room for Malaysia to capitalise on these opportunities. Malaysia has the advantage because our Jakim (Department of Islamic Development Malaysia) Halal certification is highly recognised and much sought after by the international business community,” Abu Bakar told SunBiz in an exclusive interview. He mentioned that Malaysia’s strength in the global Halal market comes from its innovation, research and development efforts and collaboration with international partners. Full article: https://lnkd.in/gaZn93qJ Download the Verify Halal app today to verify the Halal status of products, premises, and abattoirs. (iOS) https://lnkd.in/gaNG83D (Android) https://lnkd.in/g6G-FWM #VerifyHalal #halal #toyyiban #food #global #international #world #halalcertified #halalcertificate #halalservices #halalproducts #restaurant #beverages #pharmaceuticals #cosmetics #slaughtering #abattoirs #technology #tourism #certification #body #accreditation #trade #IndustryNews #export #import #halalindustry #DigitalHalalEcosystem
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“The forecast for the Halal products market is to reach US$5 trillion (RM23.3 trillion) by 2030. Last year, the Halal economy was US$3 trillion. There is a lot of room for Malaysia to capitalise on these opportunities. Malaysia has the advantage because our Jakim (Department of Islamic Development Malaysia) Halal certification is highly recognised and much sought after by the international business community,” Abu Bakar told SunBiz in an exclusive interview. He mentioned that Malaysia’s strength in the global Halal market comes from its innovation, research and development efforts and collaboration with international partners. Full article: https://lnkd.in/gaZn93qJ Download the Verify Halal app today to verify the Halal status of products, premises, and abattoirs. (iOS) https://lnkd.in/gaNG83D (Android) https://lnkd.in/g6G-FWM #VerifyHalal #halal #toyyiban #food #global #international #world #halalcertified #halalcertificate #halalservices #halalproducts #restaurant #beverages #pharmaceuticals #cosmetics #slaughtering #abattoirs #technology #tourism #certification #body #accreditation #trade #IndustryNews #export #import #halalindustry #DigitalHalalEcosystem
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“The forecast for the Halal products market is to reach US$5 trillion (RM23.3 trillion) by 2030. Last year, the Halal economy was US$3 trillion. There is a lot of room for Malaysia to capitalise on these opportunities. Malaysia has the advantage because our Jakim (Department of Islamic Development Malaysia) Halal certification is highly recognised and much sought after by the international business community,” Abu Bakar told SunBiz in an exclusive interview. He mentioned that Malaysia’s strength in the global Halal market comes from its innovation, research and development efforts and collaboration with international partners. Full article: https://lnkd.in/gaZn93qJ Download the Verify Halal app today to verify the Halal status of products, premises, and abattoirs. (iOS) https://lnkd.in/gaNG83D (Android) https://lnkd.in/g6G-FWM #VerifyHalal #halal #toyyiban #food #global #international #world #halalcertified #halalcertificate #halalservices #halalproducts #restaurant #beverages #pharmaceuticals #cosmetics #slaughtering #abattoirs #technology #tourism #certification #body #accreditation #trade #IndustryNews #export #import #halalindustry #DigitalHalalEcosystem
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Indonesia Sets Sights on Dominating Halal Sector! 🌐 With a booming halal market, Indonesia sees a golden opportunity for growth. But will they meet the challenges of infrastructure and quality standards? Read more - https://lnkd.in/d-kJRbDK Stay updated with Mithai and Namkeen Times for news on global halal trends and the opportunities ahead. #HalalMarket #GlobalTrade #MithaiAndNamkeenTimes #IndonesiaHalal #HalalEconomy
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Discover the latest global trend: mandatory halal certification. 🌍 As more countries like Indonesia and Malaysia enforce halal regulations, businesses must adapt to stay competitive in the growing $8 trillion halal market. 📈 Learn how this shift is reshaping industries and consumer expectations. Read more: [https://buff.ly/3ZTruNB] #HalalCertification #GlobalTrends #HalalMarket"
