New Online Marketplace to Boost Malaysia’s Halal Sector: Halal Development Corporation

A new online marketplace known as Halal Integrated Platform (HIP) to be launched by the Halal Development Corporation (HDC), Malaysia’s Government-backed Halal industry agency, is expected to drive the growth of the country’s Halal industry.

In a recent interview with local media, HDC Chief Executive Officer Hairol Ariffein Sahari stated that the HIP, which will officially be launched in December 2020, will initially aim to have 5,000 companies and 20 partners including government agencies, banks, insurers and logistics players, and would ‘encourage industry players to compete productively and innovatively’.

Hairol noted that HIP would be the main catalyst t...