Home / Business / Malaysia to give significant boost to halal industry through World Halal Conference 2019

Malaysia to give significant boost to halal industry through World Halal Conference 2019

By Danish Ahmad Khan

New Delhi/Kuala Lumpur: “The 11th World Halal Conference 2019 (WHC 2019) is one of Malaysia government’s concerted efforts to propel the international growth of the halal industry, and to make the country a thought leader in the development of Halal industry,” said Mr. Hanisofian Alias, Vice President Industry Development of Halal Industry Development Corporation (HDC), in a press release issued recently.

The WHC 2019 is being organised by the Halal Industry Development Corporation (HDC) and hosted by Ministry of Economic Affairs, Malaysia. More than 1,000 government representatives, business leaders, halal industry players, entrepreneurs, scholars and stakeholders from all over the world will be attending the leading global halal industry conference and will explore and deliberate on the potential and challenges relating to the development of the halal economy.

The conference and parallel sessions will be held on 3rd & 4th April 2019 at Malaysia International Trade and Exhibition Centre (MITEC), Kuala Lumpur, Malaysia.

Mr. Hanisofian Alias said, “Halal industry has always been of paramount importance to Malaysia as a Muslim-majority country. The Muslim population worldwide translates into a rising international demand for Halal products and services. Halal is accepted as a truly global industry and this ever-increasing globalization represents a vibrant opportunity for the global economy. However, it also presents a number of challenges, to do with international attitudes and rapid technological change, and it entails important responsibilities concerning the ethical governance of the halal industry and its harmonised regulation worldwide.”

Building on this premise, this year WHC 2019 will be featuring the theme ‘Fostering a Robust Halal Economy: Global Integration and Ethical Practice’ to explore opportunities and challenges through series of discourses aimed at integrating technological advancements, ethical governance and emerging market, through a plethora of topics on the progressive impacts the Halal Economy offers during the sudden borderless surge in global integration and within the technological industrial revolution.

The two-day conference will be packed with multi-level discourse addressing various opportunities and challenges in the Halal industry championed by YB Dato’ Seri Mohamed Azmin bin Ali, Minister of Economic Affairs Malaysia. The schedule of WHC 2019 will be as follows:

• Ambassadors Session: Leveraging the Halal Industry to Boost Global Integration
• Ministerial Panel: Global Halal Economic Revolution
• Captains of Industry Panel: Global Halal Industry in 2030 – A Vision
• Contribution of Islamic Finance Towards Halal Economic Growth
• Shaping A Sustainable Halal Ecosystem
• Shaping The Future of Halal Healthcare
• Emerging Halal Sector Outlook

This year’s conference saw strategic collaboration of several partners including, Duopharma Biotech Berhad, Nestle Malaysia , McDonalds Malaysia, Echo Foxtrot Sdn Bhd (Bungkus by Honestbee), Salam Web Technologies MY Berhad, Malaysian Investment Development Authority (MIDA), Hong Leong Islamic Bank and Association of Islamic Banking and Financial Institutions Malaysia (AIBIM).

Malaysia World Halal Conference 300x450“We are honoured to see such strong commitment from our industry partners, together with the participation of foreign delegates and renowned speakers who will make this year’s conference a success. We urge for their continuous support; together we can take the Halal Industry to new heights, both internationally and locally,” said Mr. Hanisofian Alias.

On Malaysia’s halal performance, he announced that the country’s total halal export value in 2018 amounted to RM40.0 billion, a decrease of RM3.3 billion (7.6%) from the previous year. The halal sectors saw a setback in exports in overall cluster with the exception of the cosmetics and personal care.

Overall, the reduction in halal exports last year were largely contributed by two halal clusters represented by a 50.0% (MYR1.8 billion) decline in palm oil derivatives from MYR3.6 billion the year before and 36.7% drop in industrial chemicals to MYR357.77 million in 2018 from MYR563.54 million previously.

The top importers of Malaysia’s halal products were led by Singapore (RM4.6 billion); China (4.5 billion); Japan (RM2.5 billion); the United States (RM2.4 billion); and Indonesia (RM1.9 billion).

Although it was a challenging period, Malaysia remains resilient and continues to thrive, capable of withstanding these challenges, and progress forth as a Global Halal Hub aspirant through sustainable Halal ecosystem approach related in the Halal Industry Master Plan 2019-2030 (HIMP2.0).

It may be noted that the Halal Industry Development Corporation (HDC) was established on 18th September 2006 with the express objective of coordinating the overall development of the Halal industry in Malaysia for both the domestic and international markets. HDC is an agency under the Ministry of Economic Affairs, Malaysia (MEA). India’s First Online Muslim Newspaper — IndianMuslimObserver.com — is also one of the Media Partners of World Halal Conference 2019 being hosted by HDC & Malaysia’s Ministry of Economic Affairs. 

HDC is Malaysia’s holistic response to the worldwide demand for better quality products and services as consumers gain confidence in the Halal process. Its key thrusts are to grow and advance the development of Halal standards; facilitate capacity- building for Halal products and services; and promote growth and participation of Malaysian companies in the multi-trillion dollar global Halal market and industry. Today, there is an estimated population of 1.8 billion Muslims worldwide. The global Halal market is currently estimated at USD2.3 trillion covering both food and non-food sectors.

In its effort to serve as an international hub for the Halal industry, HDC provides manufacturers, distributors, retailers, entrepreneurs, researchers and investors with comprehensive assistance to penetrate and serve a growing global Halal market through the adoption of the Malaysian experience and expertise in food and non-food sectors. For more information, please visit HDC at www.hdcglobal.com.

For more information, please contact:

Norsida Ahmad
PR & Media
Strategic Communication
Halal Industry Dev. Corp.
Tel: +6012-3249703
E-mail: [email protected]

[Danish Ahmad Khan is Founder-Editor of India’s First Online Muslim Newspaper IndianMuslimObservercom. He can be reached at [email protected]]

About admin

Leave a Reply

Your email address will not be published. Required fields are marked *