Halal Development Corporation: A Journey of Excellence

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A lively night scene of a halal hotdog stand in downtown Toronto, showcasing rich neon colors and urban atmosphere.
Credit: pexels.com, A lively night scene of a halal hotdog stand in downtown Toronto, showcasing rich neon colors and urban atmosphere.

The Halal Development Corporation has come a long way since its inception. It was established in 2009.

Its main objective is to promote the development of the halal industry in Malaysia. This is done through various initiatives and programs.

The corporation has achieved significant milestones in its journey so far. It has helped to increase the country's halal exports and improve the quality of halal products.

One notable achievement is the development of the Halal Park in Pulau Carey, which serves as a hub for halal manufacturers and exporters.

Consider reading: Is 401k Halal

Leadership and Milestones

Hairol Ariffein has been instrumental in driving the strategic direction of HDC since 2020.

Under his leadership, HDC has achieved significant milestones in advancing Malaysia's halal industry.

HDC has developed innovative strategies to promote Malaysia's halal ecosystem, including the launch of the Halal Industry Master Plan 2030 and the introduction of the Halal Integrated Platform (HIP).

Hairol Ariffein has also spearheaded initiatives to establish strategic partnerships with international stakeholders through various collaborations and industry events, such as the World Halal Business Conference International Circuit.

Hairol Ariffein's dedication to building a vibrant and sustainable halal ecosystem has earned him the prestigious Visionary Leader of the Year award.

Roles & Responsibilities

Credit: youtube.com, Roles and Responsibilities for Leaders During Emergencies

The Halal Development Corporation (HDC) has a clear set of roles and responsibilities that drive its mission forward.

The HDC facilitates the onboarding of industry players onto the Halal economy to increase Malaysia's Halal exports and direct investment into Halal industrial parks.

One of the key roles of HDC is to provide advisory services on opportunities throughout the Halal market and value chain.

HDC also formulates strategies and initiatives that support the Country's socio-economic development agenda.

The HDC facilitates participation and growth of Halal industry participants, promotes the Halal Malaysia brand worldwide, and coordinates and reports on the performance index of initiatives implemented.

Here are the specific roles and responsibilities of HDC in more detail:

By fulfilling these roles and responsibilities, HDC aims to position itself as a thought leader in Halal industry training and innovation.

Notable Events

HDC has made significant strides in enhancing bilateral trade and investment between Malaysia and other countries. In March 2019, HDC signed a Memorandum of Understanding with the Korea-Trade Investment Promotion Agency.

Credit: youtube.com, Creating Milestones

One notable partnership is with SME Bank and Bumiputera Agenda Steering Unit, established in October 2013, to develop the halal industry and support Bumiputera entrepreneurs in Malaysia for international markets. This partnership has a budget of RM280 million.

HDC signed a Memorandum of Understanding with Taiwan's Food Industry Research and Development Institute (FIRDI) on October 7 to support the advancement of Taiwan's Halal Industry.

In Early February 2019, HDC announced a partnership with Acrosx Incorporated Japan to provide advisory, capacity building, and technical assistance to strengthen the business landscape for Muslim-friendly products and services in Japan.

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CEO Named Visionary Leader

Hairol Ariffein, the CEO of Halal Development Corporation, has been named Visionary Leader of the Year.

He has been instrumental in driving the strategic direction of HDC since 2020 and spearheading initiatives to enhance Malaysia's halal ecosystem.

Under his leadership, HDC has achieved significant milestones in advancing Malaysia's halal industry.

The Halal Industry Master Plan 2030 and the Halal Integrated Platform (HIP) are just two examples of innovative strategies launched under his direction.

Hairol Ariffein expressed gratitude for the award, crediting the hard work and dedication of the entire HDC team and their partners.

Frequently Asked Questions

How big is the halal market in Malaysia?

Malaysia's halal market is a significant contributor to the country's economy, with an annual export value of USD 8 billion and a projected value of USD 113.2 billion by 2030. This growth highlights the country's potential as a major player in the global halal market.

Joan Corwin

Lead Writer

Joan Corwin is a seasoned writer with a passion for covering the intricacies of finance and entrepreneurship. With a keen eye for detail and a knack for storytelling, she has established herself as a trusted voice in the world of business journalism. Her articles have been featured in various publications, providing insightful analysis on topics such as angel investing, equity securities, and corporate finance.

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