HALAL – The Catalyst for Universal Economic Recovery

HALAL DEVELOPMENT CORPORATION BERHAD (HDC)

PR92220

 

KUALA LUMPUR, Malaysia, Oct. 11, 2021 /Bernama=KYODO JBN/--

 

The World Halal Business Conference 2021 (WHBC2021) organised by the Halal

Development Corporation Berhad (HDC) was officiated recently by the Prime

Minister of Malaysia, RT. Hon. Dato’ Sri Ismail Sabri Yaakob, was held fully

virtually, watched by 3000 registered delegates from 65 countries.

 

Held annually, WHBC2021 aims to be the halal industry’s leading stage for

government representatives, key opinion leaders, captains of industries and

experts to discuss their roles and contributions in accelerating global

economic recovery.

 

Themed “Halal – The Catalyst for Universal Economic Recovery”, Dato’ Seri

Mohamed Azmin Ali, Senior Minister, Minister of International Trade and

Industry Malaysia (MITI), who delivered the Keynote Address for WHBC2021 on

behalf the Prime Minister, applauds the aptness and relevance of the event and

its overall theme, given the current global economic recovery process where

Halal can assume an important feature and be a catalyst through its various

value propositions.

 

“This Conference demonstrates the firm commitment and reliance of all

stakeholders that the Halal economy remains resilient and becoming a strong

contributor to the global economic recovery,” said the Prime Minister.

 

He added, with Covid-19 causing widespread downtown to the global economy,

questions have emerged about the need for self-sufficiency in critical products

including Halal that cut across pharmaceuticals, medical devices and food.

 

The Halal food and beverages industry alone is estimated to be worth USD2.1

trillion, while the Halal cosmetics and Halal pharmaceuticals industries are

collectively worth USD136 billion.

 

The Prime Minister also launched the Halal Integrated Platform (HIP), a

one-stop digital halal platform that connects industry players, especially

amongst the micro, small, and medium enterprises (MSMEs), to government

agencies, businesses and consumers within the Halal ecosystem.

 

HIP gathers halal service providers and suppliers on one platform worldwide

connections and communication between the industry players, thus giving

businesses a competitive edge to tap into this growing industry.

 

WHBC2021 also stressed on the importance of the halal industry and the Islamic

Finance to work hand-in-hand to create a fully halal economy, to complement

each other along its entire value chain, and to produce a holistic end-to-end

Shariah-compliance.

 

WHBC2021 has attracted many renowned industry captains and international

speakers and panelists, including Dr Justin Lee, Australian High Commissioner;

David Evan Malcomson, High Commissioner of the Republic of South Africa; and

Abdoulaye Barro, Ambassador of the Embassy of the Republic of Senegal; and

Ebrahim Patel, Minister of Trade, Industry and Competition of the Republic of

South Africa.

 

 

HALAL DEVELOPMENT CORPORATION BERHAD (HDC)

 

HDC spearheads the development of Malaysia’s integrated and comprehensive halal

ecosystem and infrastructure to position Malaysia as the most competitive

country leading the global halal industry.

 

Established on 18 September 2006, HDC is the central coordinator that promotes

participation and facilitates growth of industry players in the development of

Malaysia’s Halal ecosystem.  An agency under the Ministry of International

Trade and Industry; it is the world’s first Government-backed halal industry

development corporation.  www.hdcglobal.com.

 

FOR MORE INFORMATION, PLEASE CONTACT:

Name: Norsida Ahmad

Tel: +60123249703

Email: norsida.ahmad@hdcglobal.com

 

SOURCE: HALAL DEVELOPMENT CORPORATION BERHAD (HDC)

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