Halal Markets Unveiled: Opportunities in Southeast Asia’s Economic Powerhouses

Posted by Written by Ayman Falak Medina Reading Time: 2 minutes

The latest issue of ASEAN Briefing Magazine, titled “Halal Markets Unveiled: Opportunities in Southeast Asia’s Economic Powerhouses”, is out now and available to subscribers as a complimentary download in the Asia Briefing Publication Store here.

What’s in this Issue?

  • ASEAN Halal Industry – An Expanding Market – Pg 4
  • Indonesia – The World’s Largest Halal Market – Pg 07
  • Malaysia – Pioneering Halal Finance, Tourism, and Certification Excellence – Pg 11
  • Thailand – A Rising Player in the Global Halal Market – Pg 17

The Halal industry is undergoing a dynamic transformation, evolving from its traditional focus on food and beverages to encompass a wide array of sectors such as fashion, pharmaceuticals, cosmetics, and tourism. With one of the largest Muslim populations in the world, ASEAN is uniquely positioned to cater to the rising demand for Halal-certified goods and services, both locally and internationally.

Each ASEAN country brings its strengths and strategies to the Halal industry, reflecting distinct cultural, economic, and policy-driven approaches. Indonesia, with its vast and growing Muslim population, serves as a thriving consumer base for Halal finance, food, and fashion, offering immense potential for market expansion. Malaysia stands as a global leader in Halal certification and Islamic finance, with internationally recognized standards and a robust financial ecosystem that supports the global Halal economy. Meanwhile, Thailand is leveraging its strengths in Halal food manufacturing and tourism, building on its reputation as the “Kitchen of the World” to capture a growing share of the global Halal market.

About Us

ASEAN Briefing is one of five regional publications under the Asia Briefing brand. It is supported by Dezan Shira & Associates, a pan-Asia, multi-disciplinary professional services firm that assists foreign investors throughout Asia, including through offices in Jakarta, Indonesia; Singapore; Hanoi, Ho Chi Minh City, and Da Nang in Vietnam; besides our practices in China, Hong Kong SAR, India, Italy, Germany, and USA. We also have partner firms in Malaysia, Bangladesh, the Philippines, Thailand, and Australia.

Please contact us at asean@dezshira.com or visit our website at www.dezshira.com and for a complimentary subscription to ASEAN Briefing’s content products, please click here.