The growing Muslim population worldwide translates into a rising international demand for halal products. Muslim consumer expenditure recorded an increased from USD 1.9 trillion in the year 2015 to USD 2.1 trillion in the year 2017. This impressive record shows that the Halal industry is on continual growing globally. A statistical outlook projected that by the year 2023, Muslim expenditure worldwide is expected to reach USD 3.0 trillion. All these imply that exciting opportunity in the Halal economy is expanding and there is an urgent need to foster and explore the Halal sector.
Malaysia is set to become a global leader in Halal industry. In line with the progressive and widespread growth of the international Halal market and in order to realise vision of Malaysian government, the Malaysian Higher Education Consortium of Halal Institute (KIHIM) consisting of quadripartite institutes namely; International Islamic University Malaysia (IIUM), University Putra Malaysia (UPM), Islamic Science University of Malaysia (USIM) and University of Malaya (UM) were established on the 8th of August 2017, marking these efforts. The goal of KIHIM is to create synergy in driving Halal related research to the developing of excellence which will, in turn, is gearing to achieve KIHIM’s vision of creating a holistic Halal ecosystem for universal prosperity.
The objectives of the establishment of KIHIM are:
- To manifest collaborative exchange of research and development of information to benefit the Halal industry
- To develop research in the Halal industry
- To empower sharing of resources
- To foster cooperation in the development of Halal products and services for revenue generation
- To strengthen networking at national and international levels
- To harness intellectual property and promote commercialisation
With regard to the objectives above, the International Institute for Halal Research and Training (INHART), which is chairing KIHIM, intends to organise the Global Halal Sphere Conference 2019. It is hoped that this conference will provide a platform to unify researchers and relevant agencies from both local and international which will eventually deliberate and contribute to the latest issues and information on Halal.