The Star<\/a>, the Halal Development Corporation Bhd (HDC) stated that Malaysia\u2019s consecutive top placement showcases the nation\u2019s enduring commitment to the Islamic economy since the inception of the State of Global Islamic Economy Report (SGIE) in 2013.<\/span><\/p>\n\u201cIn the 2023 report, Malaysia secured first place in Islamic finance, halal food, and media and recreation, coupled with a commendable second-placed ranking in modest fashion, third spot in pharmaceuticals, and fifth in tourism,\u201d said HDC\u2019s chairman, Khairul Azwan Harun.<\/span><\/p>\n\u201cMalaysia pledges to uphold its leading position with the implementation of the Halal Industry Master Plan (HIMP 2030), embracing technology, and digitising the halal ecosystem,\u201d he added.<\/span><\/p>\nThe SGIE is prepared by Dinar Standards, a US-based research and advisory firm that specialises in government innovation, the global halal economy, and social impact spaces.<\/span><\/p>\nAs Malaysia moves forward, the HDC says that the nation anticipates continued leadership that is driven by year-on-year growth in the halal foods sector. This is further supported by an increasing worldwide demand for halal products.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"This marks the nation\u2019s 10th consecutive year at the top.<\/p>\n","protected":false},"author":58,"featured_media":60592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[271,216],"tags":[323,1864,1863,1866,1107,982,1865],"class_list":["post-60591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news-updates","tag-economy","tag-global-islamic-economy-indicator","tag-halal","tag-halal-development-corporation-bhd","tag-malaysia","tag-news","tag-state-of-global-islamic-economy"],"acf":[],"yoast_head":"\n
Malaysia Retains Top Spot On The Global Islamic Economy Indicator<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n\t \n\t \n\t \n