The recently unveiled Halal Industry Master Plan 2030 ( HIMP 2030 ), launched by Deputy Prime Minister Dato ’ Seri Dr Ahmad Zahid Hamidi on Mar 23 , 2023 , is a comprehensive and strategic roadmap to establish Malaysia as the undisputed global leader in the halal industry .

The launch ceremony was also graced by the presence of the Minister of International Trade and Industry ( MITI ), Tengku Datuk Seri Zafrul Aziz .

Zahid , who is also the Chairman of the Malaysian Halal Development Council , said : “ The crafting of the Halal Industry Master Plan 2030 is timely as we seek to strategically capitalise on the growing global demand for halal products and services , as well as strengthen Malaysia ’ s leadership role by leveraging on our world-recognised halal industry ecosystem and cumulative expertise .”

“ The HIMP 2030 ’ s theme of Prominent , Visible and Globalised Halal Malaysia represents our key objectives to catalyse the inclusive and comprehensive growth of Malaysia ’ s halal industry , and improve the nation ’ s dynamic halal industry ecosystem for more of our products and services , to support the future growth of Malaysia ’ s socioeconomic prosperity .”

EXPANDING HALAL TRADE

Tengku Zafrul stated that MITI was honoured to serve as the strategic driver for HIMP 2030 , with the Halal Development Corporation ( HDC ) providing strong execution support . He added that expanding trade was one of MITI ’ s top priorities for 2023 , with halal goods and services set to play a more prominent role in achieving this goal .

From left : MITI Secretary-General Datuk Isham Ishak , MITI Minister Tengku Zafrul Aziz , Deputy PM Dato ' Seri Ahmad Zahid Hamidi , Deputy Minister of Finance Datuk Seri Ahmad Maslan and HDC CEO Hairol Ariffein Sahari .

The HIMP 2030 initiative is projected to help Malaysia ’ s halal industry grow to US $ 113.2 billion by 2030 while contributing 8.1 per cent to the GDP by 2025 .

“ MITI will continue to enhance all components of our halal ecosystem towards elevating Malaysia ’ s position as a key player in the global halal market and capitalising on the two-billion-strong global Muslim population . In achieving these objectives , MITI and its agencies have already started work to position the industry as a lucrative and competitive sector , particularly for SMEs ,” said Tengku Zafrul .

Under HIMP 2030 , 23 initiatives were identified to anchor the seven strategic thrusts , capitalise on opportunities , and address challenges .

These seven strategic thrusts include enhancing halal-friendly policy and legislation ; creating new and bigger market spaces for Malaysia ’ s halal products and services ;

establishing a larger pool of halal experts and professionals to meet global needs ; enhancing the quality and integrated infrastructure development ; fostering thought leadership ; producing more home-grown halal champions ; and facilitating more competitive Bumiputera participation in the halal industry .

HIMP 2030 will be driven by five ( 5 ) key target outcomes , which include having a robust and diversified domestic halal industry ; offering end-to-end Shariah compliance ; enhancing the ease of doing business in Malaysia ; having a competitive business ecosystem ; and promoting “ Halal Malaysia ” globally .

MALAYSIA HALAL INDUSTRY PERFORMANCE 2022

Malaysia ’ s halal exports continued its growth trend in 2022 with a total halal export value of RM59.46 billion , an increase of RM23.16 billion or 63.8 per cent from the previous year .

Despite the global economy ’ s challenges , this growth is a testament to the growing demand for global halal products . It reflects the importance of the halal industry in Malaysia ’ s economy .

Regarding sectoral contribution , Food & Beverage remains the main contributor to the Malaysian halal economy , with a RM27.84 billion total export value representing 46.8 per cent of total Malaysian halal exports . It increased by 57.8 per cent from 2021 .

The second most significant contributor is Halal Ingredients , which recorded a considerable increase of 73.1 per cent from 2021 to RM23.35 billion or 39.3 per cent of total halal exports .

The Cosmetics & Personal Care sector remains in third with an RM3.49 billion total halal export value , an increase of 43.5 per cent compared to the previous year .

Palm Oil Derivatives grew 63.6 per cent from 2021 to RM2.79 billion , representing 4.7 per cent of halal exports . Industrial Chemical increased 69.7 per cent from 2021 to RM1.27 billion , while Pharmaceuticals recorded the highest growth with a 156.7 per cent increase from 2021 , contributing RM0.72 billion or 1.2 per cent of total halal exports .