PM: Halal industry becomes more comprehensive and can complement Islamic economy

The Star

The halal industry can complement the Islamic economy, as it is inclusive and comprehensive giving a positive impact on the broader community, said Prime Minister Datuk Seri Anwar Ibrahim at the launch of the Malaysia International Halal Showcase (MIHAS) 2024.  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00The decision to allow Halal to be accepted in the Arab world, especially in Dubai, which

00:17is one of the main trading centers in the world, allows us to expand the aspect of trade, especially

00:28in Malaysia, by suppressing the Halal industry.

00:31I want to touch on this from a slightly different point of view.

00:37It gives an image that the Islamic economy is no longer based on financial institutions

00:48that previously dominated the Islamic economy from the point of rejection of the Riba system

00:54and there is a success that has been recorded.

00:57But if we look at it from the point of view of Sharia, there is an effort to expand the

01:05ecosystem so that the goal must be achieved.

01:09The Halal industry will affect every farmer, fisherman, small business, SME, even shops,

01:17because it can ensure greater participation.

01:24For me, in achieving the economic goals and the spirit of Sharia, it must affect almost

01:34the entire population.

01:36Now may I take this opportunity to express my profound gratitude to the support by many

01:43governments throughout the world and my exchanges with leaders.

01:48Almost all these countries, all these leaders have given special attention to the Halal

01:56industry and their recognition to the role of Malaysia, the Malaysian government and

02:03the authorities in promoting this and seeking our cooperation and collaboration to enhance

02:11trade investments that include the function of what is termed as Halal and the Halal industry.

02:20This is, to my mind, a remarkable feat achieved by Madrid and the government because this

02:27is a way we can explore the meaning of Halal and why Islam recognizes the importance of

02:38Halal, be it in the food product or cosmetics or any other related fields.

02:45I am quite excited to be here and I told Deputy Prime Minister and also to Zafrul, if it is

02:54just any other ordinary function, I would have certainly deputized, but because of the

03:00importance it plays, the support by almost 66 countries present today.

03:09The enormous economic potential and particularly the advantage to general Malaysians of all

03:17religious creeds is also important.

03:19I mean the Halal industry has participated, as you see in this exhibition, by Muslims,

03:24Christians, Hindus, Buddhists, all participate as true Malaysians ensuring success of the

03:31Halal industry.

03:32And therefore, I must say, thank you, thank you, thank you, thank you, thank you very much.

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