Malaysia is on track to achieve global halal hub status by 2020, backed by a holistic ecosystem, said Malaysian Minister for International Trade and Industry Datuk Seri Mustapa Mohamed" /> Malaysia is on track to achieve global halal hub status by 2020, backed by a holistic ecosystem, said Malaysian Minister for International Trade and Industry Datuk Seri Mustapa Mohamed" >
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Malaysia Is On Track To Achieve Global Halal Hub status by 2020 backed by a holistic ecosystem

He said the country remained the leader in the halal industry worldwide as it went beyond food and beverage to other sectors including Islamic finance, pharmaceutical, logistics and halal tourism.
Malaysia had been assisting other countries and worked with their halal bodies in terms of getting halal certification.
The global halal market is currently valued at US$2.3 trillion (US$1=RM4.42) annually with the halal food sector worth US$660 billion being the core component.
Malaysia's exports of halal products in 2016 amounted to RM39.3 billion. The main export items last year were food and beverage, followed by halal ingredients and palm oil derivatives.
Among Malaysia's top export markets include China, Singapore, the United States and Japan. Malaysia's halal exports are also projected to contribute 8.7 per cent to the country's gross domestic product by 2020.
This year, MIHAS 2017, hosts 580 exhibitors from 33 countries including ASEAN members, Palestine, Iran, the United Arab Emirates, Turkey, Brazil, South Africa, China, Japan and Taiwan.
Complementing MIHAS 2017 is the inaugural Malaysia International Islamic Lifestyle Exhibition, an event to promote Islamic lifestyle sector.
Its objective is to promote clusters such as modest fashion, Islamic education and literature, Islamic arts, information technology and multimedia, jewellery and ornaments, as well as social and community development.

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