![\"Google](\"https:\/\/tds-images.thedailystar.net\/sites\/all\/themes\/tds\/images\/google_news.svg\")
For all latest news, follow The Daily Star’s Google News channel. <\/a><\/p>\nHe noted that the government is actively working to position Bangladesh as a hub for halal manufacturing, highlighting policy initiatives designed to attract both local and foreign investment in halal-focused industrial zones.<\/p>\n
He spoke at a seminar titled “Halal Economy 360: Driving Global Growth,” organised by the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) at the Westin Dhaka on August 2.<\/p>\n
The event brought together policymakers, trade experts, and industry leaders to explore how Bangladesh can leverage its Muslim-majority population, business-friendly policies, and strategic partnership with Malaysia\u2014a global leader in halal certification\u2014to integrate itself into the global halal supply chain.<\/p>\n
Chowdhury also emphasised the need for robust public-private partnerships to foster innovation and sustainability in the sector.<\/p>\n
Shabbir A Khan, president of the BMCCI, stressed the urgency of reducing overdependence on the readymade garment sector.<\/p>\n
“The halal economy represents an untapped opportunity that aligns with our comparative advantages,” he said, adding that Bangladesh could realistically target $7\u20138 billion in halal exports to Malaysia alone by 2030.<\/p>\n
He cited industry projections suggesting that the global halal food market will expand from $3.3 trillion in 2025 to $9.45 trillion by 2034, driven by a compound annual growth rate of 12.42 percent.<\/p>\n
“We must act now to secure a meaningful share of this burgeoning market,” Khan urged.<\/p>\n
Mohd Shuhada Othman, the Malaysian high commissioner to Bangladesh, reaffirmed his country’s commitment to enhancing bilateral cooperation through halal certification, knowledge transfer, and standardisation initiatives.<\/p>\n
Mominul Islam, professor at the International University of Business Agriculture and Technology, presented the keynote paper at the seminar.<\/p>\n
The event also featured a panel discussion comprising halal food processors, certification authorities, and logistics providers, all of whom called for Bangladesh to align its halal certification processes with internationally recognised standards.<\/p>\n
Participants further discussed the prevailing trade imbalance with Malaysia\u2014$2.6 billion in imports against only $293.5 million in exports\u2014as a gap that halal trade could help to narrow.<\/p>\n
BMCCI leaders reiterated their commitment to unlocking Bangladesh’s halal potential through focused advocacy, increased investment, and international collaboration.<\/p>\n","protected":false},"excerpt":{"rendered":"Industry people join Bangladesh-Malaysia Chamber-organised seminar to explore Bangladesh\u2019s potential Bangladesh is working to position itself as a…\n","protected":false},"author":2,"featured_media":315467,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[114910,114905,114912,114907,114911,114903,114904,114908,114906,51,1700,114909,16,15],"class_list":{"0":"post-315466","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-ashik-chowdhury-highlights-halal-market-potential","9":"tag-ashik-chowdhury-on-7-trillion-halal-market","10":"tag-bangladesh-eyes-growth-in-global-halal-sector","11":"tag-bangladesh-in-global-halal-economy-race","12":"tag-bangladesh-investment-in-halal-industry","13":"tag-bangladesh-plans-to-join-halal-economy","14":"tag-bangladesh-targets-global-halal-economy-stake","15":"tag-bangladesh-wants-share-in-halal-business","16":"tag-bida-and-beza-aim-for-halal-market-growth","17":"tag-business","18":"tag-economy","19":"tag-halal-economy-opportunities-for-bangladesh","20":"tag-uk","21":"tag-united-kingdom"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/315466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=315466"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/315466\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/315467"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=315466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=315466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=315466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}