A Convergence of Visionaries
ALGIERS, Algeria - The Halal Economy Leadership Forum (HELF) 2025 successfully convened today at the Centre International de Conférences Algiers – Abdelatif Rahal, drawing together global leaders, policymakers, and industry pioneers to advance inclusive growth through the Halal economy. This significant event underscores the urgent need to harness the potential of the Halal economy, which currently boasts a valuation exceeding USD 3 trillion. As the world becomes increasingly interconnected, the importance of the Halal economy in promoting sustainable and inclusive growth cannot be overstated.
In this blog post, we will explore the highlights and key takeaways from HELF 2025, emphasizing its role in fostering cross-border trade, investment, and innovation across the global Halal ecosystem. We will also examine the strategic importance of Africa within this framework, particularly given its status as home to over 540 million Muslims. Finally, we will discuss the collaborative efforts of key stakeholders, including Malaysia’s Ministry of Investment, Trade and Industry (MITI), the Islamic Development Bank (IsDB), and various industry players in driving forward the Halal economy.
The Forum's Objectives and Significance
A Platform for Dialogue and Partnership
HELF 2025 served as a crucial platform for dialogue among stakeholders committed to advancing the Halal economy. Jointly hosted by notable organizations such as Halal Development Corporation Berhad (HDC), IsDB, and the Halal Products Development Company (HPDC), the forum aimed to facilitate meaningful discussions surrounding the enhancement of cross-border trade and investment in Halal goods and services.
Through these discussions, participants sought to address pressing challenges, including the shortage of Halal-certified raw materials and finished goods, which have hindered the growth of this vital sector. By bringing together experts and decision-makers, HELF 2025 created an environment conducive to the sharing of knowledge, best practices, and innovative solutions.
Africa's Strategic Importance in the Halal Market
One of the key themes that emerged from the forum was Africa's growing strategic importance in the global Halal economy. With a population exceeding 540 million Muslims, the continent represents a high-potential market for Halal products and services. As participants highlighted, Africa is not only a consumer market but also a potential production hub for Halal goods, thereby creating opportunities for local entrepreneurs and businesses.
In light of these insights, HELF 2025 positioned itself as a catalyst for empowering African nations to harness their resources and capabilities. The forum emphasized the need for collaboration among OIC member states to leverage their collective strengths and create a more integrated Halal market. By fostering partnerships and facilitating investment in Halal industrial zones, the forum aimed to unlock the full potential of Africa's Halal economy.
Keynote Address and Highlights
Insights from the Keynote Address
The keynote address at HELF 2025 was delivered by H.E. Rizany Irwan Muhamad Mazlan, the Ambassador of Malaysia to Algeria, representing Malaysia's Minister of Investment, Trade and Industry, The Hon. Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz. In his address, H.E. Rizany emphasized the substantial outcomes from the previous HELF, which had resulted in enhanced global partnerships, fresh investments, and expanded market access across OIC member countries.
Moreover, he noted that Malaysia's Halal exports to Algeria experienced a remarkable growth of 24% in 2024, reaching RM156.3 million. This growth demonstrates the efficacy of initiatives aimed at strengthening trade relations between Malaysia and Algeria, particularly in the areas of food and beverages, cosmetics, Halal-certified ingredients, and palm oil derivatives.
Commitment to Inclusive Growth
In his speech, Tengku Zafrul reiterated Malaysia's unwavering commitment to supporting initiatives that facilitate trade development and expand market access for Halal enterprises. He emphasized the importance of deepening collaboration with Algeria and other OIC member states to create a more inclusive, equitable, and prosperous future for all.
Furthermore, the Minister's remarks resonated with the overarching theme of HELF 2025, which focused on promoting inclusive growth through the Halal economy. By encouraging member nations to take active roles in Halal value chains, the forum sought to address existing gaps and challenges in the market.
Addressing Challenges and Driving Innovation
The Call for Active Engagement in Halal Value Chains
As discussions progressed at HELF 2025, officials from IsDB, including Dr. Issa Faye and Mr. Samer Elesawi, called for greater engagement from member countries in the Halal value chains. They highlighted the urgent need to address shortages of Halal-certified raw materials and finished goods, which have impeded the growth of the sector.
To tackle these challenges effectively, participants advocated for the development of dedicated Halal industrial zones across participating IsDB member countries. These zones would integrate necessary infrastructures and infostructures, ultimately aimed at boosting production, entrepreneurship, and innovation within the Halal economy.
Fostering Innovation through Collaboration
The establishment of dedicated Halal industrial zones not only addresses existing shortages but also fosters an environment conducive to innovation. Participants at HELF 2025 recognized the potential for collaboration among various stakeholders, including government agencies, private enterprises, and academic institutions, to drive research and development in Halal products.
By leveraging Malaysia's expertise in Halal development and training, HELF 2025 aimed to equip SMEs and Halal certification agencies with the necessary skills and knowledge to thrive in the evolving landscape. This collaborative approach is essential for ensuring that the Halal economy remains dynamic and responsive to the needs of consumers and businesses alike.
The Future of the Global Halal Economy
Unlocking Commercial Opportunities
Following the success of its 2024 debut in Riyadh, HELF continues to serve as a strategic platform to unlock commercial opportunities across the global Halal value chain. By fostering economic integration among OIC member states, the forum aims to create a more cohesive and resilient Halal ecosystem.
As the global Halal economy continues to expand, it is imperative for stakeholders to remain engaged and proactive. HELF 2025 reinforced the importance of continuous dialogue and collaboration among member states, ensuring that challenges are addressed, and opportunities are seized.
A Vision for Inclusive Growth
HELF 2025 represented a significant milestone in the journey towards advancing inclusive growth through the Halal economy. The forum's focus on strengthening cross-border trade, investment, and innovation reflects the collective commitment of global leaders and industry pioneers to create a more equitable and prosperous future.
As we move forward, it is essential for all stakeholders to remain vigilant and proactive in their efforts to harness the full potential of the Halal economy. By working together, we can navigate the complexities of the global market and ensure that the Halal economy serves as a driving force for inclusive growth and sustainable development.
A Collective Endeavor Towards Prosperity
The Halal Economy Leadership Forum 2025 has successfully convened a diverse array of stakeholders united by a common goal: advancing inclusive growth through the Halal economy. By highlighting Africa's strategic importance, addressing challenges within the Halal value chain, and fostering innovation through collaboration, the forum has charted a path forward for a more integrated and resilient Halal ecosystem.
As we reflect on the insights and outcomes from HELF 2025, it is evident that the journey towards unlocking the full potential of the Halal economy requires collective effort. With the commitment of global leaders, policymakers, and industry pioneers, we can pave the way for a future that is not only prosperous but also inclusive and equitable for all. The Halal economy stands as a beacon of hope and opportunity, and it is our shared responsibility to nurture and harness its potential for generations to come.
