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Embracing Industry 4.

0 in the
Halal Industry: Learning from
Others
Datuk Dr. Mohd Yusoff Sulaiman
President & CEO
Malaysian Industry-Government Group for High Technology (MIGHT)

© MIGHT 2018. Proprietary & Confidential 1


A place where knowledge shared
and
stakeholders engaged

© MIGHT 2018. Proprietary & Confidential 2


INTERMEDIARY

New ways of connecting and problem-solving for companies –


Technology, Policy, Funding & Talent

STRATEGIC ADVISOR
CONTENT DEVELOPER
Enhanced Malaysian More competencies in data
competitiveness at firm-level and generation and analytics, building
push for leadership position of niche experts systems and corporate
products and services profiling

© MIGHT 2013. Proprietary & Confidential 3


Waste to wealth

(Allah) who has made the wet green trees (energy source) for you (to use),
then you kindle fire from the trees. (36:80).

© MIGHT 2018. Proprietary & Confidential 4


Traceability in aerospace components

…to strengthen Halal processes


© MIGHT 2018. Proprietary & Confidential 5
Sustainable practice is the Islamic way

…nothing is gone to waste


© MIGHT 2018. Proprietary & Confidential 6
Preventing Fraud

…makes a supply chain more transparent at an


all-new level
© MIGHT 2018. Proprietary & Confidential 7
Ease Muslims to practice the religion…

…with science and technology


© MIGHT 2018. Proprietary & Confidential 8
Aligning Halal
Industry to FUNDING TECHNOLOGY

Industry 4.0
Funding & Access to Smart
Outcome-Based Technologies
Incentives

REGULATIONS
Regulatory Framework &
Industry Adoption

INFRASTRUCTURE SKILLS & TALENT


Enabling Ecosystem & Upskilling Existing &
Efficient Digital Producing Future Talents
Infrastructure

© MIGHT 2018. Proprietary & Confidential 9


Rise in demands of Halal products and services

Global halal
market size was
valued at USD
5.73 trillion in
2016

Halal
Pharmaceuticals
sector expected to
Global halal food reach USD 132
market is billion by 2022.
expected to
reach USD
739.59 billion by
2025
Source:
1. https://www.reportbuyer.com/
2. State of the Global Islamic Economy Report 2017/18

© MIGHT 2018. Proprietary & Confidential 10


© MIGHT 2018. Proprietary & Confidential 11