KUALA LUMPUR: Malaysia is set to export its halal certification services, Investment, Trade and Industry Minister Tengku Zafrul Tengku Abdul Aziz said...
Malaysia is set to export its halal certification services, Investment, Trade and Industry Minister Tengku Zafrul Tengku Abdul Aziz said.
Malaysian Industrial Development Finance Bhd launched Hati to empower small and medium enterprises in the manufacturing and services sectors through financing and ecosystem support with a RM100 million dedicated fund. “MIDF’s RM100 million Hati initiative stands as a testament to the Madani Economic Framework and the New Industrial Master Plan’s commitment to ensuring inclusivity for SMEs to tap into the global halal market, projected to reach US$5 trillion by 2030.
MIDF chairman Tan Sri Abdul Rahman Mamat said the Hati financing covers activities including halal certification, premises renovation, purchase of machinery, and other related expenses. “The support ensures that our SMEs can compete on a global scale and capitalise on the growing demand for halal products and services,” he said.
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