ESPN DeportesNew York enterró el recuerdo de Rafael Márquez, pero no su huellaThe Jerusalem PostIran offers up to $40,000 reward to Middle East citizens who capture, kill US soldiers - reportESPNSources: Giants to release OBJ amid veteran receiver's strugglesBillboardHALCALI Talk ‘Otsukare SUMMER’ Going Viral & Returning to Music after a 14-Year ‘Career Gap’: Billboard Japan Women in Music InterviewNMEFoo Fighters to open for AC/DC again at rescheduled New Jersey show – less than a month after “one night only” support slotGlobal NewsSaskatchewan Premier Scott Moe to lay out nuclear development planVariety‘Game of Thrones’ Movie ‘Aegon’s Conquest’ Sets Summer 2029 Release Dateגיקטייםתכירו: Dots, האייג'נטים החדשים של OpenAI, שיתחרו ב-Muse ו-InstinctWirtualna PolskaZatrzymania ws. Collegium Humanum, spór o szefa SOP [SKRÓT DNIA]Antara NewsIndonesia allocates US$66.67 mln to develop modern fishery hub in BaliABC NewsPro-Trump ad campaign was financed by DHS: SourcesBusiness AMAmerikaanse staatsobligaties boeken grootste daling in september sinds 2023
The Daily Newsstand · Free, Always
Tuesday, September 29, 2026

Malaysia Calls for Shift from Halal-Certified to Halal-Competitive as ASEAN Targets USD5 Trillion Global Halal Economy

Translate

Kuala Lumpur, Malaysia (ANTARA/PRNewswire)- Malaysia has called for a decisive shift from being merely halal-certified to becoming halal-competitive, as the country and ASEAN seek to capture greater opportunities in the global halal economy projected to reach USD5 trillion.

Delivering the keynote address at the World Halal Business Conference (WHBC 2026), Minister in the Prime Minister's Department (Religious Affairs), YB Senator Dr. Zulkifli Hasan, said Malaysia's leadership in the global Islamic economy must translate into greater trade, investment, innovation and international business opportunities.

Malaysia retained the number one position in the Global Islamic Economy Indicator (GIEI) for the 12th consecutive year, while its halal exports reached RM68.52 billion in 2025, growing 10.9 per cent year-on-year.

The Minister emphasised that Malaysia must move from halal-certified to halal-competitive, from market-ready to export-ready and from local players to global champions, with greater emphasis on commercialisation, international market access and participation in global value chains.

He also called for ASEAN to evolve beyond being a halal consumer market into an integrated production, investment, innovation, supply-chain and global trade hub. Malaysia will promote the proposal for an ASEAN Halal Council to strengthen regional cooperation and connectivity across the halal ecosystem.

The 18th edition of WHBC, organised by Halal Development Corporation Berhad (HDC) as part of the Global Halal Summit (GHaS) 2026, also translated dialogue into tangible industry collaboration through two MOU exchanges.

HDC formalised a strategic collaboration with King's Park Development Sdn Bhd to strengthen the halal ecosystem through advisory, technical guidance and capacity-building initiatives.

Meanwhile, Tradewinds (M) Berhad and Saudi Arabia's Tanmiah Food Company signed an MOU to explore halal protein opportunities spanning production, sourcing, importation, further processing and distribution in Malaysia and Asia-Pacific region.

WHBC 2026 featured high-level discussions on halal diplomacy, the global Islamic economy, halal export commercialisation and Islamic finance, emphasising the need to translate Malaysia's halal strengths into greater international trade and investment opportunities.

The Minister said the future of the halal economy should ultimately be measured not only by the number of halal-certified products, but by the number of companies achieving global growth, investment attracted, value created, quality jobs generated and deeper integration into ASEAN and global value chains.

View the original on Antara News →

KioskNews shows a cleaned-up reading view extracted from the publisher’s page — the original always lives on their site, not ours.