Five financial institutions pledge RM2.67 bln to propel Halal industry’s growth

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LONDON: Five prominent Islamic financial institutions have pledged a substantial total funding of RM 2.67 billion to accelerate the advancement of Mal...

: Five prominent Islamic financial institutions have pledged a substantial total funding of RM 2.67 billion to accelerate the advancement of Malaysia’s Halal industry.

“This substantial commitment from leading financial institutions underscores our collective dedication to nurturing growth and innovation within our Halal ecosystem. “The commitment from the five banks was an initiative mooted by Prime Minister Datuk Seri Anwar Ibrahim who is very committed to helping local Halal industry entrepreneurs to penetrate the global market,” he said.

Ahmad Zahid also emphasised that the Halal industry in Malaysia will continue to take the ‘whole-of-nation’ approach with over 300 government agencies, all aligned in purpose, and supportive of businesses and foreign partnerships. He also emphasised that the country needs to implement a seamless and efficient Halal certification process.

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