PM Anwar: Halal no longer merely abstaining from pork and alcohol, industry can be inclusive by reaching even the poorest in society

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Anwar Ibrahim أخبار

Halal Industry,Alternative To Capitalism,Malaysia International Halal Showcase

KUALA LUMPUR, Sept 17 — Prime Minister Datuk Seri Anwar Ibrahim said today the halal industry has shown to be more progressive than Western-style capitalism by being inclusive...

PM Anwar: Halal no longer merely abstaining from pork and alcohol, industry can be inclusive by reaching even the poorest in society

“Through the halal industry one of the major weaknesses of economy in terms of the financial sector is to widen coverage to include groups that are always considered traders and businesses that are considered the elites of society,” he said. Malaysia’s halal exports were valued at RM54 billion in 2023 and the government is eyeing to raise it to RM65 billion by next year.

The size of the halal market has drawn interests and investments even from non-Muslim businesses. Companies from Japan, China and South Korea are among participants at Mihas 2024, attended by 66 countries.

 

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