Malaysia and Dubai Push for Global Halal Economy Expansion
What happened
The 22nd Malaysia International Halal Showcase (MIHAS 2026) and Global Halal Summit 2026 were held in Malaysia, gathering foreign delegations and industry representatives from around the world. Malaysia’s Deputy Prime Minister called for international cooperation to expand the global halal economy. He noted that only 14.7 percent of halal-certified companies in Malaysia currently export.
From shafaqna.com
Why it matters
The events highlighted Malaysia's trade potential, with MIHAS events in Dubai and Shanghai generating 2.2 billion Malaysian ringgit ($540 million) and 3.2 billion ringgit ($785 million) in sales, respectively. The call for cooperation aims to help more Malaysian businesses compete internationally and realize trade and investment opportunities.
A partnership involving Dubai, Pleasanton, and Malaysia is forming a structured investment corridor, with HCTI providing technology and market expertise.
From shafaqna.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- MalaysiaSpeculative
Malaysian companies might increase exports and sales by gaining international market access.
- Middle EastSpeculative
The Middle East might see increased investment and trade focus due to the call for global halal economy expansion.