Halal Development Corporation

Halal Development Corporation Berhad
(HDC)
Native name
Perbadanan Pembangunan Halal Berhad
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 Investment, Trade and Industry (Malaysia)
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.[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 government-backed organization to consolidate the various industry clusters that make up Malaysia's halal sector, to assist in increasing the economic contribution of the country's Halal sector.[4][5] HDC designs and implements programs for Micro, Small and Medium Enterprises (MSME) and Large Multinational Corporations.[6][7] HDC also partners with public sector organizations at the federal and state levels to support the advancement of Halal standards and commerce in Malaysia.[8][9][10]

Halal-Welt has noted HDC's role in promoting Malaysia as a hub for Halal in Asia.[11][12] HDC developed the Halal Industry Masterplan 2008-2020 and, more recently, the Halal Industry Master Plan 2030 (HIMP).[13][14]

As of 2019, HDC had begun expanding its services and partnerships to meet increasing demand.[15][16] This included expansion into Japan, Korea, and Taiwan.[17][18][19]

HDC is also the secretariat of Malaysia's Halal Industry Development Council (MPIH), chaired by Malaysia's deputy prime minister.[20] HDC is the central coordinator 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[21]

Hairol Ariffein Sahari currently serves as the Executive Officer after the departure of previous CEO Dato Seri Jamil Bidin. As of 18 May 2023, HDC appointed Khairul Azwan Harun as its chairman,[22] replacing Dato' Mahmud Abbas earlier.

Notable events

In October 2013, HDC signed a memorandum of understanding (MoU) with SME Bank and Bumiputera Agenda Steering Unit for the establishment of a RM280 million Halal Development Fund.[23][24] The fund is intended to the develop the halal industry and ready Bumiputera entrepreneurs in Malaysia for international markets.

In March 2019, HDC signed an MoU with the Korea-Trade Investment Promotion Agency to enhance bilateral trade and investment between both countries.[25]

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.[26][12]

References

  1. ↑ "About us".
  2. ↑ "halal business names". kinsels.com. Retrieved 2021-01-15.
  3. ↑ "Vision and Mission".
  4. ↑ HDC Halal industry remains resilient despite challenging times
  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)". www.matrade.gov.my. MATRADE. 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. 1 2 "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. ↑ "Pelan induk industri halal 2030" [Halal industry master plan 2030] (PDF) (in Indonesian). Archived from the original (PDF) on 2020-09-20.
  15. ↑ "INTERVIEW-Malaysia ready to lend expertise to harmonise halal accreditation globally - JAKIM".
  16. ↑ "Malaysia to enter 10 new halal markets via OBOR -:HDC". 22 May 2019.
  17. ↑ "HDC bullish on expansion in Japan". Malay Mail. 2 February 2020.
  18. ↑ "HDC signs MoU with FIRDI to develop halal industry in Taiwan". 10 July 2019.
  19. ↑ "Malaysia to enter 10 new halal markets via OBOR".
  20. ↑ "Pelan induk industri halal 2030" [Halal industry master plan 2030] (PDF) (in Indonesian). Archived from the original (PDF) on 2020-04-09.
  21. ↑ "Halal Industry Master Plan 2030 (HIMP 2030)". Halal Development Corporation. Retrieved 2021-01-15.
  22. ↑ "Malaysia: HDC appoints Mahmud as Chairman". 14 August 2019.
  23. ↑ "Halal products exports growth on uptrend, says Mustapa". Borneo Post. 19 October 2013. Retrieved 13 May 2014.
  24. ↑ "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.
  25. ↑ "HDC signs MoU with Korean agency to enhance halal bilateral trade, investment". Malay Mail. 13 March 2019.
  26. ↑ "SMEs need more capacity to boost halal exports". www.smecorp.gov.my. 10 July 2019. Retrieved 2021-01-15.
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