Halal Food Industry In Malaysia

This paper attempts to review the issues and challenges of halal food implementation in malaysia. Nestlé and ajinomoto for example use malaysia as a halal hub and export to other parts of the world including the middle east. The obvious example is the hfce halal food council of europe has certified over 400 european food companies.

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Malaysia Halal Industry

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This is expected to bring halal into the global mainstream mordor intelligence 2020a.

Halal food industry in malaysia. As stated in para 5 1 2 certification of description of halal for imported food and goods. Stakeholders are defined as a person group or organisation that has interest or stake in an organisation or in an industry. According to the sme annual report 2007 the united nations has even cited malaysia as a benchmark for the halal food industry. This is because there is only one halal standard adopted throughout the country which has resulted in the malaysian standard becoming the basis for the development of the world s halal food industries.

Concepts of halal have been discussed in terms of definitions and scopes have also been established. As the halal industry in malaysia is more concentrated in the food and beverage sector there are investment gaps in other sectors says azam. To date the prime minister said malaysia is one of the main sources of reference for over 150 countries in various areas within halal industry development and governance. He said the country has also been recognised by 84 foreign halal certifiers in 46 countries.

As for the halal scene in malaysia malaysia s halal industry contributed about 7 5 of malaysia s gdp in 2017. 1 all imported food and goods marketed in malaysia shall not be described as halal unless the imported food and goods comply with the requirements or certified as halal by the foreign halal certification body recognized by jakim. Halal development corporation berhad the custodian of malaysia s halal economy senior minister minister of international trade industry yb dato seri mohamed azmin bin ali view more halal development corporation berhad your trusted partner in halal business data pool of halal products and services provides industry players with access to global halal players giving your business the. Malaysia s halal sector remains resilient through increased consumer confidence according to the halal development corporation berhad hdc despite global challenges due to the current volatility of oil prices and the covid 19 crisis.

We know that other countries are also looking to collaborate with malaysia in order to strengthen the global halal ecosystem as the global halal industry presents a huge opportunity with the market now valued at us 3 1 trillion with supply only able to meet demand by 10 20 per cent currently. Within the malaysian halal industry the following are the key stakeholders within the malaysian halal supply chain responsible for maintaining halal integrity facilitate the growth of the industry and monitor the implementation of halal practices by producers. It was originally forecasted that by 2020 malaysia s annual halal exports would reach an estimated rm50 billion.