HDC has introduced the Halal Champion Program as a means to recognise Malaysian SME companies that have demonstrated staunch commitment in promoting their halal products and services.
The Malaysian SME manufacturers must move up to the next level to be on par with its neighbors if they are truly serious in capturing the global halal market.
Manufacturers of halal ingredients and flavours stand to gain tremendously amid a surging Muslim consumer population and halal demand in the EU, according to HFCE.
Bursa Malaysia should concentrate on becoming the London Stock Exchange (LSE) for Islamic finance and utilise the country's vibrant Halal ecosystem instead of looking to merge with LSE.
Experts say the new Socially Acceptable Market Investments (SAMI) Halal Food Index will be a bridge-builder for Islamic funds and for global non-Islamic investors interested in the emerging food sector.
The World Halal Forum 2011 will examine ways in which the universal values central to halal and Islamic finance can create a new economic paradigm that will shape the global marketplace.