BAKU, Azerbaijan, June 16. Malaysia bets on
agency coordination to develop halal economy, Special Officer at
the CEO's Office of the Halal Development Corporation (HDC) of
Malaysia, Mohamad Hadi Bin Hamzah, said in an exclusive interview
with Trend on the
sidelines of the 14th Islamic Development Bank (IsDB) Group Private
Sector Forum held in Baku.
According to him, coordination between government agencies and
organizations is a key factor in the development of the halal
economy, as the disparate efforts of many structures require
unification into a single management system.
"Coordination is crucial. Today, there are numerous agencies,
organizations, and structures that perform different functions but
operate within the same economic framework. Therefore, the HDC's
role is to coordinate these structures for the joint development of
the halal economy," he said.
Hamzah emphasized that Malaysia employs a "whole-of-government"
approach, whereby all government bodies are involved in the
development of the industry.
"We employ a whole-of-government approach. All agencies, of
which there are currently more than 300, work together to develop
the halal economy," the HDC representative noted.
According to him, there are differences in the system's data
collection and processing, including trade indicators.
"For example, one agency is responsible for exports, but import
data in a halal context is more difficult to determine. Therefore,
specific estimates are used to assess the trade balance," the HDC
representative explained.
He added that the need for coordinated work across all agencies
makes coordination critical for the sustainable development of the
halal economy.
