Does a halal economy allow for corrupted politicians?

by | May 31, 2022 | NATIONAL, NEWS | 0 comments

Prime Minister Datuk Seri Ismail Sabri Yaakob had announced the proposal for Syariah Compliance Commission to maintain the Islamic financial and halal economy.

To monitor Ismail Sabri had stressed the importance of implementing a commission.

He said, “I hope this can be looked into as it will further support aspirations to make Malaysia a model and main reference for the halal economy.”

According to the Economic Planning Unit (EPU), the halal economy is expected to generate RM56 billion in 2025 and support the economy’s gross domestic product (GDP) by 8.1 percent.

If Malaysia’s blueprint is done right, the forecast will financially support the country’s economy and flourish local businesses.

For a well-regulated and profitable Islamic sector, the Bera MP will need to ensure that corruption is abolished strictly.

Industry leaders and experts should only be included in the panellists, leaving out nepotism. Integrity has to be at the forefront and needs to be constantly upheld.

In 2021, the Prime Minister had insisted that the halal economy will generate new revenue streams for Malaysia to recover from the Covid-19 pandemic.

Now it is time for him to accelerate the initiative with effective policies to show his seriousness.