The Halal Times
Global Halal, Islamic Finance News At Your Fingertips
Plans are in the pipeline to forge partnerships between small and medium-sized enterprises (SMEs) from Qatar and Malaysia to bolster further growth of Malaysian halal brands in the Qatari market, said Mohd Mustafa Abdul Aziz, CEO of the Malaysia External Trade Development Corporation (Matrade). Similarly, Abdul Aziz said plans are afoot for knowledge exchange and …
Halal is an Arabic word that means “licit” or “allowed.” More than that, it is a concept present in the eating habits and consumption of cosmetic and pharmaceutical products among Muslims across the world. Under the Sharia, the code of Islamic laws, the followers of Muhammad are only allowed to consume products that fit into …
The halal industry is expected to contribute 8.1 percent to Malaysia’s Gross Domestic Product (GDP) and generate RM56 billion export revenue in 2025 compared to RM30.6 billion in 2020, according to the 12th Malaysia Plan (12MP) document released by the Economic Planning Unit (EPU) Monday. The halal industry, therefore, would be strengthened to produce competitive …
KUALA LUMPUR: Halal Development Corp (HDC) expects 6,000 participants for its 12th World Halal Conference (WHC) this year, as interested parties will be able to attend the conference both physically and virtually. HDC chief executive officer Hairol Ariffein Sahari said the conference would be held for the first time in a hybrid manner. WHC has …
COVID-19 coronavirus is here to stay. This is a painful fact none of us can ignore anymore. Central banks around the world have been using various mixes of fiscal and monetary policies to contain the harmful effects of the pandemic. As the pandemic is expected to last much longer than we could have anticipated, governments …
