Malaysia's Prime Minister advocates for a comprehensive perspective on halal at the MIHAS 2025 event
Malaysian Prime Minister Anwar Ibrahim Emphasizes the Importance of Halal Industry at Global Halal Summit
Malaysian Prime Minister Anwar Ibrahim spoke at the Global Halal Summit in Kuala Lumpur, Malaysia on Friday, highlighting the country's commitment to advancing the halal sector.
Anwar explained that halal is a system of values that champions ethical consumption, social justice, human dignity, and environmental sustainability. He emphasized that halal represents a holistic view and way of life, grounded in cleanliness, integrity, and accountability.
The Malaysian government aims to position the halal industry as a major pillar of the national economy. The Halal Industry Development Corporation (HDC) in Malaysia stands at the center of the global halal economy ecosystem and has certified nearly 10,000 companies under Malaysia's halal certification authority. The Department of Islamic Development Malaysia, another halal certification authority in the country, has also nearly 10,000 companies certified under its comprehensive halal standards.
Anwar stated that the halal sector is projected to contribute 10.8 percent to Malaysia's gross domestic product by 2030. The global halal market, valued at over 16.02 trillion Malaysian ringgit ($3.8 trillion), is expected to reach 22.88 trillion ringgit by 2030.
MIHAS 2025, the Malaysia International Halal Showcase, is taking place alongside the Global Halal Summit. Anwar mentioned that MIHAS 2025 will fully leverage the Madani Digital Trade Platform, a global digital marketing tool designed to optimize cross-border business matching. The Madani Digital Trade Platform is being used in MIHAS 2025 to facilitate digital evolution.
Anwar also mentioned that in every investment mission and bilateral engagement, he emphasizes halal as a universal economic model. Halal products and services are increasingly popular among consumers, including those in non-Muslim majority countries, due to their global appeal. Halal is no longer a strictly religious concept, but a global value system gaining traction in various sectors such as healthcare, cosmetics, tourism, and Islamic finance.
However, Anwar did not mention any specific timeline for the digital evolution of MIHAS. The specifics of how the Madani Digital Trade Platform optimizes business matching were not detailed in the paragraph. The value of the global halal market was mentioned, but the source or method of calculation was not provided in the paragraph.
In conclusion, Anwar's speech at the Global Halal Summit underscored Malaysia's commitment to advancing halal standards and innovation. The Malaysian government aims to position the halal industry as a major pillar of the national economy, and MIHAS 2025 is a significant step in this direction. The use of the Madani Digital Trade Platform in MIHAS 2025 is expected to facilitate digital evolution and optimize global business matching in the halal sector.
