NewsAugust 6, 2022

Halal Development Corporation Proposes a Halal Forum for Both Malaysia-Indonesia’s Halal Developments

The Halal Development Corporation Bhd (HDC), the Malaysian federal government agency mandated as the custodian of the country’s halal economy, has proposed that both Malaysia-Indonesia establish a halal forum as a platform to exchange information on the development of the halal industry in the countries.

In addition to discussing issues, challenges and opportunities in the halal industry, the forum is aimed to strengthen the halal industry ecosystem in both countries.

This matter was stated during a meeting between HDC’s chief industrial development officer, Hanisofian Alias and Indonesia’s National Committee for Sharia Economy and Finance (KNEKS), halal product Industry director, Afdhal Aliasar, according to KNEKS in a statement today.

Besides these topics, a few other points were also brought up. These included, regulations, infrastructure, human resources, trade cooperation between regional countries, industrial potential, and other aspects of support.

https://d-19134857452852420326.ampproject.net/2207221643000/frame.html Afdhal said the halal industry needs to be incorporated into the economic development of a country since many countries in the world are increasingly taking advantage of it as a source of new economic growth.

In a meeting on July 27, 2022, HDC and KNEKS shared similar views on how to promote and support the sharia financial sector towards the halal industry sector as a strategic issue in sharia economic development.

Both Countries see this cooperation as necessary in answering the challenges and issues they face. The statement also noted that based on the State of Global Islamic Economy Report 2021/2022, Malaysia and Indonesia occupy the top five positions in the world’s Islamic economy.

As of now, both countries are leading in the world’s sharia economy.

Photo Credits: KNEKS