The Global Halal Industry in Malaysia and Penang
November 2016 STATISTICS
Malaysia ranks first on Thomson Reuters’ Global Islamic Economy Indicator1, particularly in the Halal Food, Islamic Finance and Halal Travel indicators. The importance of Muslim consumers to Malaysia’s external trade is underscored by the size of national halal export values growing from RM23.85bil in 2011 to RM39.39bil in 2015 (Figure 1), making up 4.5% of total export value at the national level.Globally, Muslim expenditure on food and beverage (F&B) is estimated at US$1,128bil in 2014, growing by 4.3% from US$1,081bil...
