Malaysia’s Halal Industry has Huge Growth Potential Says Ministry of International Trade and Industry

Malaysia’s Ministry of International Trade and Industry (MITI) has emphasised the country's pressing need to tap into the huge growth potential of the global Halal market via restructuring of empowerment strategies.

MITI's Minister Datuk Seri Mohamed Azmin Ali spoke on the potential of the country's Halal market at the Supply (Reallocation of Appropriated Expenditure) Bill 2020 committee meeting, stating that the Halal Development Corporation has been transferred to the purview of the MITI in order to broaden its focus from Halal certification to the growth of its export capabilities.

Mohamed Azmin stated that the country's Halal exports currently accounted for only MYR 40.2 b...