MYR 100 Million Halal SME Financing Programme Launched to Develop Malaysia’s Halal Ecosystem and Industry 

Bank Islam Malaysia (Bank Islam) and the Halal Development Corporation (HDC) have launched the GO Halal SME Financing Programme, with an initial funding portfolio of MYR 100 million to support the development of Malaysia’s Halal ecosystem and industry.

Why it Matters?

The facility, also known as the GO Halal Fund, will assist small and medium enterprises (SMEs) in a more organised and structured manner by focusing on capacity building, and will help strengthen SME businesses amid the COVID-19 pandemic, according to Datuk Seri Mohamed Azmin Ali, Senior Minister cum International Trade and Industry Minister. In addition to financial assistance, the GO Halal Fund aims to provide training and Halal advisory services, and would also finance the Hala...