Such economic growth will in turn increase the demand for halal products, enabling the creation of new opportunities for more halal entrepreneurs to participate in the industry. These initiatives include consultation for halal certification, the development of halal product branding, the improvement of manufacturing processes, training and human capital, as well as export incentives. Medac’s initiatives covers every aspect of an entrepreneur’s needs in the halal industry, said Rizal.These programmes are also in line with the National Entrepreneurship Policy 2030, in which the halal industry has been identified as one of the strategic sectors; as well as the Halal Industry Master Plan 2030 (HIMP 2030), under the sixth strategic thrust to produce more halal champions among local industry players and entrepreneurs. Another main challenge in obtaining halal certification is financial constraint, as there is cost incurred in complying with halal requirements. “It is our hope that the Government’s efforts can eventually contribute towards greater SME involvement in the halal industry, both domestically and internationally.

Source: The Star November 21, 2021 23:29 UTC