Malaysia’s Halal Industry Plays Key Role in National Recovery Plan: Prime Minister

According to Datuk Seri Ismail Sabri Yaakob, Prime Minister of Malaysia, the country's Halal industry plays a critical part in the National Recovery Plan (NRP), as the industry’s recovery is critical to the resilience of the overall Muslim-majority nation’s economy.

Why it Matters?

The NRP, comprising four progressive phases, aims to fully resume economic activities in Malaysia by the end of 2021. The plan is focused on immediate solutions to problems that people and small- and medium-sized enterprises are facing. Its medium-to long-term goals pertain to socio-economic sustainability. Halal industries present vast opportunities, with the global halal industry market size estimated at USD 5 trillion (MYR 20.74 trillion) by 2030 from its...