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How MIHAS Is Redefining the $2.3 Trillion Halal Industry’s Global Playbook

How MIHAS Is Redefining the $2.3 Trillion Halal Industry’s Global Playbook
2025-09-17 by Hafiz M. Ahmed

magine a convention hall in Kuala Lumpur, electric with the buzz of deals being struck: a Nigerian spice merchant shakes hands with a Dubai importer, a French beauty exec marvels at a Malaysian halal moisturizer, and a tech whiz unveils an app that verifies halal meat with a scan. This is no trade show—it’s the Malaysia International Halal Showcase (MIHAS), the global halal industry’s nerve center. As someone who’s spent decades tracking this $2.3 trillion market, from Jakarta’s food stalls to London’s boardrooms, I can tell you MIHAS isn’t just an event—it’s a movement. Here’s why it’s redefining the halal economy for everyone, from Brooklyn foodies to Gulf investors.

MIHAS: The Halal World’s Grand Stage

Picture MIHAS as the Super Bowl of halal trade. Held every September at the Kuala Lumpur Convention Centre, it’s a sprawling 100,000-square-meter extravaganza, drawing 1,500 exhibitors from over 50 countries and 30,000 visitors—think CEOs, startups, and curious consumers. Run by the Malaysia External Trade Development Corporation (MATRADE), MIHAS has been the industry’s heartbeat since 2004. Last year, it sparked $550 million in deals, from palm oil contracts to halal vaccine exports.

The event is a vibrant mosaic:

  • Food and Drink: Halal-certified lamb chops to vegan protein bars.

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  • Beauty: Silky, alcohol-free serums that rival Sephora’s best.

  • Pharma: Gelatin-free capsules for the health-conscious.

  • Tech and Finance: Blockchain for supply chains, Islamic fintech apps.

Beyond booths, MIHAS hosts brainy summits, startup pitches, and deal-making sessions that feel like speed-dating for business. It’s where the halal world dreams big.

Halal Is Not Just for Muslims

The halal market is a juggernaut, pegged at $2.3 trillion in 2023 and racing toward $3.2 trillion by 2028. Why? It’s more than the 1.8 billion Muslims worldwide (set to hit 2.2 billion by 2030). Non-Muslims—from Tokyo to Tribeca—are hooked on halal’s promise of ethical, clean production. Last year, halal meat exports to non-Muslim countries like Japan soared 18%. Food leads the charge (45% of the market), but Islamic finance (20%) and pharmaceuticals (15%) are catching up.

Yet, the industry isn’t all smooth sailing. Fake halal labels cost $200 million a year, and certification rules vary wildly—think FDA versus EU red tape. MIHAS steps in like a seasoned mediator, turning chaos into opportunity.

How MIHAS Moves the Needle

Having rubbed elbows with halal trailblazers—Malaysia’s JAKIM certifiers, Dubai’s ESMA regulators, even Nestlé’s halal division heads—I’ve seen MIHAS’s magic up close. Here’s how it’s reshaping the game:

1. Deal-Making That Breaks Borders

MIHAS is where a small Ghanaian shea butter brand can land a deal with a Singapore chain. Its Business Matching Programme is like a matchmaker with a Rolodex of 10,000 buyers. In 2023, a Malaysian coffee roaster signed a $10 million deal with a Saudi chain. Last year, 200 Indonesian firms walked away with $150 million in orders. From Turkish baklava to Brazilian beef, MIHAS is the global halal handshake.

2. Knowledge That Levels Up

MIHAS’s summits are a masterclass in halal’s future. Picture experts from the Standards and Metrology Institute for Islamic Countries (SMIIC) debating blockchain to track halal beef from farm to fork. Or sustainability gurus pushing carbon-neutral halal poultry. Since 2004, MIHAS has trained 50,000+ entrepreneurs—many from small outfits in places like Senegal or Sri Lanka—on navigating certifications and cracking global markets.

3. Innovation That Pops

Forget stuffy trade shows. MIHAS is a launchpad for ideas that dazzle. The 2024 Halal Innovation Awards crowned a Malaysian lab-grown chicken startup that’s now in 15 countries. From AI apps that verify halal ingredients to halal collagen drinks for millennials, MIHAS keeps the industry fresh, bold, and Instagram-ready.

4. Trust Through Standards

Malaysia, with its gold-standard JAKIM certification, uses MIHAS to push for global harmony. The event brokers deals like Malaysia’s certification pacts with the EU, ensuring a halal logo means the same in Munich as in Mecca. This is huge when fake halal scams erode trust. With heavyweights like Turkey’s GIMDES and Indonesia’s BPJPH in the room, MIHAS is building a bulletproof halal ecosystem.

MIHAS isn’t just numbers—it’s human stories. In 2022, a Moroccan spice vendor met a Qatari buyer at MIHAS, landing a deal that tripled her business. A UK grocer stumbled on a Malaysian halal skincare line in 2023, now sold in 20 London stores, winning over non-Muslim shoppers. Even during COVID, MIHAS’s virtual platform kept the industry humming, brokering 70% of pre-pandemic trade through Zoom-style deal rooms. These are the sparks that light up the halal world.

MIHAS isn’t perfect. Geopolitical spats can thin the crowd, and its massive footprint begs for greener practices—less plastic, more digital. But the 2025 edition (September 17-20) is upping the ante with virtual reality booths and a “Halal 5.0” push, blending AI and IoT with Shariah principles. If MIHAS deepens ties with the Organisation of Islamic Cooperation, it could bring Central Asia and Africa fully into the fold.

Whether you’re a New Yorker grabbing halal street food, a startup founder eyeing a $3.2 trillion market, or just someone who values ethical consumption, MIHAS is your story. It’s where a small halal bakery in Cairo meets a global investor, where a halal fintech app finds its first million users, and where “halal” becomes a universal badge of trust and quality. As someone who’s watched this industry evolve from niche to mainstream, I can say MIHAS isn’t just shaping markets—it’s shaping the future.

Want to see it for yourself? Hit up the MIHAS 2025 website for details.

Author

  • Hafiz M. Ahmed

    Hafiz Maqsood Ahmed is the Editor-in-Chief of The Halal Times, with over 30 years of experience in journalism. Specializing in the Islamic economy, his insightful analyses shape discourse in the global Halal economy.

    View all posts

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The Halal Times, led by CEO and Editor-in-Chief Hafiz Maqsood Ahmed, is a prominent digital-only media platform publishing news & views about the global Halal, Islamic finance, and other sub-sectors of the global Islamic economy.

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