Business

PM moots forming Shariah Compliant Commission to control halal industry

Datuk Seri Ismail Sabri Yaakob says move could make M’sia main reference model in the sector

Updated 4 years ago · Published on 30 May 2022 1:16PM

PM moots forming Shariah Compliant Commission to control halal industry
In his keynote address at the Tun Abdullah Ahmad Badawi Lecture today, Prime Minister Datuk Seri Ismail Sabri Yaakob says currently, the existing regulatory proposal is more limited to the Islamic financial sector through Bank Negara Malaysia and the Securities Commission, while the Islamic Development Department regulates the halal industry. – The Vibes file pic, May 30, 2022

PUTRAJAYA – Regulation of the halal industry in the country can be consolidated through the establishment of a Shariah Compliant Commission, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

In his keynote address at the Tun Abdullah Ahmad Badawi Lecture today, Ismail Sabri said currently, the existing regulatory proposal is more limited to the Islamic financial sector through Bank Negara Malaysia and the Securities Commission, while the Islamic Development Department regulates the halal industry.

“As such, more comprehensive regulations can be consolidated, for example through the establishment of a Shariah Compliant Commission.

“I urge that this recommendation be given due attention so that the aspiration to make Malaysia the main reference model in the field of halal economy can be realised,” he said here.

Also present at the event were Public Service Department director-general Datuk Seri Mohd Shafiq Abdullah, Tun Abdullah Ahmad Badawi Legacy Association chairman Datuk Jefridin Atan and Universiti Kebangsaan Malaysia vice-chancellor Prof Datuk Mohd Ekhwan Toriman. – Bernama, May 30, 2022

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