TBM Report ||
The High Commission of Malaysia in Dhaka organised the seminar “Think Halal, Grow Global: Strengthening Malaysia-Bangladesh Market Linkages and Leveraging Bangladesh’s Halal Industry for Global Growth” on Wednesday at a city hotel, bringing together government representatives, halal industry experts, business leaders and key stakeholders especially officials from the Halal Development Corporation from Malaysia, said a press release
The seminar reflects the growing momentum in Malaysia-Bangladesh bilateral relations and the shared commitment of both countries to translate high-level engagements into concrete economic and commercial cooperation. In particular, the halal economy offers significant potential to further strengthen trade, investment, business-to-business linkages and knowledge-sharing between Malaysia and Bangladesh.
The seminar was graced by Information and Broadcasting Minister by Zahir Uddin Swapon as the chief guest.
In his welcoming remarks, High Commissioner of Malaysia to Bangladesh Mohd Shuhada Othman highlighted the growing importance of the global halal economy and the opportunities it presents for both Malaysia and Bangladesh.
The global halal industry has expanded beyond food and beverages to encompass pharmaceuticals, cosmetics and personal care, tourism and hospitality, logistics, finance, modest fashion and other products and services.
The global halal market was valued at approximately USD 2.6 trillion in 2024 and is projected to reach around USD 3.6 trillion by 2029, reflecting growing global demand for products and services associated with quality, safety, hygiene, ethical practices and trust.
Malaysia has developed a comprehensive halal ecosystem supported by internationally recognised standards and certification, strong institutional frameworks, capacity building, research and innovation, financing and active private-sector participation.
Malaysia believes that its experience and expertise can provide a strong platform for greater collaboration and knowledge-sharing with Bangladesh. Bangladesh, with its large domestic market, expanding economy, growing manufacturing capabilities, human capital and dynamic private sector, possesses significant potential to strengthen its participation in the global halal economy.
Opportunities for cooperation include halal food and beverages, pharmaceuticals and nutraceuticals, cosmetics and personal care, tourism and hospitality, certification and standards, capacity building, technology and knowledge sharing, supply-chain development, investment and business-to-business partnerships.
The seminar also highlighted opportunities for Bangladeshi halal products and services to access Malaysia, the wider ASEAN region and international markets, while encouraging Malaysian companies to explore Bangladesh as a potential production, investment and business partner for the global halal economy.
The High Commissioner also encouraged Bangladeshi businesses to participate actively in the Malaysia International Halal Showcase (MIHAS), scheduled from 23 to 26 September 2026.
MIHAS provides an international platform for halal businesses, buyers, investors, policymakers and industry players to establish partnerships, identify market opportunities and connect with the wider global halal ecosystem.
The seminar was organised by the High Commission of Malaysia in Dhaka, with the participation and support of Halal Development Corporation Malaysia (HDC), Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI), Bangladesh Investment Development Authority (BIDA) and the Islamic Halal Foundation.
The program reflected the shared commitment of Malaysia and Bangladesh to leverage their complementary strengths, deepen bilateral economic relations and develop stronger halal value chains capable of competing in the global marketplace. “Think Halal, Grow Global” reflects the shared aspiration to transform halal from a standard into a platform for trust, quality, connectivity and economic opportunity while building a stronger and more sustainable halal future for Malaysia and Bangladesh.
