Empowering halal micro and small enterprises across the value chain in Malaysia: challenges and opportunities for Islamic finance
This study explores innovative solutions largely driven by technology by global benchmarks which can potentially solve the pain points of halal micro and small enterprises (MSEs) as well to enhance their business sustainability across the agricultural and F&B value chain in Malaysia. From stakeholder engagement, this paper attempts to map such solutions to the current landscape of the halal MSEs in the Malaysian food industry, which can prove to be useful to Islamic banks, MSEs and financial authorities as a guidance to, not just enhance the bankability of MSEs, but also to further optimize their potential in terms of their business productivity and growth across the halal food value chain. Ultimately, the study concludes that MSEs in the halal value chain need more than financing to ensure their viability and improve the halal economy; as digitalization is moving at a rapid pace, support from tech players are just as pertinent for the empowerment of halal players.
Halal , Micro and small enterprises (MSEs) , Value chain , Malaysia
Ahmad Fauzi, F. (2019). Empowering halal micro and small enterprises across the value chain in Malaysia: challenges and opportunities for Islamic finance (Master dissertation). INCEIF, Kuala Lumpur. Retrieved from https://ikr.inceif.org/handle/INCEIF/3637