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Halal Development Corporation

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Halal Development Corporation Berhad
(HDC)
Native name
Perbadanan Pembangunan Halal Berhad
Company typeState-owned enterprise
Founded18 September 2006
Headquarters5.02, Level 5, KPMG Tower, First Avenue, Persiaran Bandar Utama, 47800 Petaling Jaya, Selangor, Malaysia
Key people

Hairol Ariffein Sahari, Chief Executive Officer
ParentMinistry of Economic Affairs
Websitewww.hdcglobal.com

Halal Development Corporation Berhad, or HDC (formerly known as Halal Industry Development Corporation Sdn Bhd), is a Malaysian federal government agency mandated as the custodian of Malaysia's Halal economy, and featured as a trusted partner in the Halal business.[1] Its mission is to generate opportunities for the community of stakeholders within Malaysia's Halal ecosystem.[2][3]

HDC was founded on September 18, 2006, as a pioneering government-backed organization that represents a purpose-built institution to consolidate the various industry clusters that make up Malaysia's Halal industry, playing a front-line role in enabling the country to further strengthen the depth of economic contribution from its Halal sector.[4][5] Among the various approaches utilized, HDC engages in the design and implementation of various adapted programs catered to the broad needs of businesses ranging from Micro, Small and Medium Enterprises (MSME) to Large Multinational Corporations.[6][7] HDC also partners very closely with public sector organizations from the federal to state levels to support the advancement of Halal standards and commerce across the nation.[8][9][10]

To date, HDC's joint efforts have been highlighted as a key driver in fulfilling the nation's target to position itself as a global Halal hub.[11][1][12] This is an objective echoed by HDC's vision statement which underscores its aim to build Malaysia as the most competitive country in the global Halal industry.[3] To guide the successful systematic evolution of Malaysia's Halal industry, HDC is acknowledged for spearheading the development of the Halal Industry Masterplan 2008-2020 and more recently, the Halal Indusplan 2030.[13][14]

With the popularity of Halal products and services growing rapidly across the globe, more public and private sector stakeholders from various nations are seeking expertise of the Halal industry from Malaysia.[15] Therefore, as of 2019, HDC has begun progressively expanding its services and partnerships in order to better cater to a surge in worldwide demand.[16][17] This includes strategic augmentation of HDC's footprint into various regions and nations including Japan, Korea, and Taiwan.[18][19][20]

On the domestic front, HDC plays a crucial role as the secretariat of Malaysia's Halal Industry Development Council (MPIH) chaired by Malaysia's deputy prime minister.[21] In this seat, HDC is tasked as central coordinator to ensure the fulfillment of four key objectives;

  1. Formulate strategic policy and monitoring
  2. Certification enhancement and enforcement
  3. Standard development and traceability
  4. Industry development and Entrepreneurial Culture[22]

Hairol Ariffein Sahari currently serves as the Acting Chief Executive Officer after the departure of previous CEO Dato Seri Jamil Bidin.[23][24] As of 30 July 2019, HDC appointed Dato' Mahmud Abbas as its chairman,[25] replacing Datuk Seri Rizuan Abdul Hamid,[26][27] who had succeeded HDC's founding chairman, Tan Sri Dr. Syed Jalaludin Syed Salim earlier.

Notable events

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In October 2013, HDC signed a memorandum of understanding with SME Bank and Bumiputera Agenda Steering Unit for the establishment of a RM280 million Halal Development Fund.[28][29] The fund is intended to the develop the halal industry and ready Bumiputera entrepreneurs in Malaysia for international markets.

In March 2019, HDC signed a Memorandum of Understanding (MoU) with the Korea-Trade Investment Promotion Agency with the overarching aspiration of enhancing bilateral trade and investment between both countries.[30]

On October 7, HDC signed an MoU with Taiwan's Food Industry Research and Development Institute (FIRDI) 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.[31][12]

References

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  1. ^ a b "About us".
  2. ^ "halal business names". kinsels.com. Retrieved 2021-01-15.
  3. ^ a b "Vision and Mission".
  4. ^ https://www.theedgemarkets.com/article/hdc-halal-industry-remains-resilient-despite-challenging-times[permanent dead link‍] [bare URL]
  5. ^ "Opening Speech, Yang Berhormat Dato' Sri Mustapa Mohamed - Minister of International Trade & Industry at the Official Opening of the World Halal Week 2013 (3 April 2013) | MATRADE". www.matrade.gov.my. Archived from the original on 5 August 2013. Retrieved 12 January 2022.
  6. ^ "A year of SME empowerment".
  7. ^ "Sanichi to set up ASEAN's first JAKIM-certified halal gelatin plant in Melaka". 2 December 2019.
  8. ^ "History". IDH - the sustainable trade initiative. Retrieved 2021-01-15.
  9. ^ "Governing, Regulatory and Statutory Stakeholders within the Halal Industry in Malaysia". 22 October 2019.
  10. ^ "MATRADE to boost trade with South Korea in high value sectors | New Straits Times". 10 December 2019.
  11. ^ "Malaysia: Halal hub for Asia". 13 March 2019. Archived from the original on 25 September 2020. Retrieved 1 April 2020.
  12. ^ a b "HDC seals tie-up with Acrosx | New Straits Times". 3 February 2020.
  13. ^ "What does BHB stand for?". Exclusively FlyFishing Powered by FloridaBoating. 2020-08-07. Archived from the original on 2021-01-22. Retrieved 2021-01-15.
  14. ^ http://www.hdcglobal.com/wp-content/uploads/2020/02/HIMP.pdf [bare URL PDF]
  15. ^ "Matrade: More countries seeking out Malaysia's halal expertise | Malay Mail". 7 June 2019.
  16. ^ "INTERVIEW-Malaysia ready to lend expertise to harmonise halal accreditation globally - JAKIM".
  17. ^ "Malaysia to enter 10 new halal markets via OBOR -:HDC". 22 May 2019.
  18. ^ "HDC bullish on expansion in Japan | Malay Mail". 2 February 2020.
  19. ^ "HDC signs MoU with FIRDI to develop halal industry in Taiwan". 10 July 2019.
  20. ^ "Malaysia to enter 10 new halal markets via OBOR".
  21. ^ http://www.hdcglobal.com/wp-content/uploads/2020/02/Halal-Industri-Master-Plan-2030.pdf [bare URL PDF]
  22. ^ "Halal Industry Master Plan 2030 (HIMP 2030)". Halal Development Corporation. Retrieved 2021-01-15.
  23. ^ "M'sian Muslim entrepreneurs urged to dominate production of halal products". 23 July 2013.
  24. ^ "Rise of the halal flavor in global food sector". 22 May 2016.
  25. ^ "Malaysia: HDC appoints Mahmud as Chairman". 14 August 2019.
  26. ^ SYED JALALUDIN NAMED AS CHAIRMAN OF HALAL DEVELOPMENT CORPORATION". Bernama Daily Malaysian News. 9 August 2006
  27. ^ Zahratulhayat Mat Arif (24 March 2018). "Zahid lauds HDC's plan to build Asia's second largest slaughterhouse in Bagan Datuk". New Starits Times. Retrieved 22 May 2021.
  28. ^ "Halal products exports growth on uptrend, says Mustapa". Borneo Post. 19 October 2013. Retrieved 13 May 2014.
  29. ^ "Morocco's legislative moves can only bring the country so far". Islamic Finance News. December 2013. Archived from the original on 14 May 2014. Retrieved 13 May 2014.
  30. ^ "HDC signs MoU with Korean agency to enhance halal bilateral trade, investment | Malay Mail". 13 March 2019.
  31. ^ "SMEs need more capacity to boost halal exports". www.smecorp.gov.my. 10 July 2019. Retrieved 2021-01-15.
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