PM moots shariah compliant commission to regulate halal economy

 

Ismail Sabri Yaakob says having a shariah compliant commission can help Malaysia become the main reference model in the field of halal economy.

PUTRAJAYA: The regulation of the halal economy in the country can be consolidated with the establishment of a shariah compliant commission, Prime Minister Ismail Sabri Yaakob said today.

In his keynote address at the Tun Abdullah Ahmad Badawi Lecture here, Ismail said the existing regulatory proposal is limited with the Islamic financial sector coming under Bank Negara Malaysia (BNM) and the Securities Commission (SC), while the Islamic Development Department (Jakim) regulates the halal industry.

“As such, more comprehensive regulations can be consolidated with the establishment of a shariah compliant commission.

“I urge that this recommendation be given due attention so that the aspiration to make Malaysia the main reference model in the field of halal economy can be realised,” he said.

Also present were public service department director-general Shafiq Abdullah, Tun Abdullah Ahmad Badawi Legacy Association chairman Jefridin Atan, and Universiti Kebangsaan Malaysia (UKM) vice-chancellor Ekhwan Toriman. - FMT