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Business leaders highlight prospects of Halal foods

Standard Chartered Bangladesh and Standard Chartered Malaysia recently organised a webinar on ‘Halal360: Connecting your business to the halal ecosystem,’ said a press release.

Leaders of various business communities from across Bangladesh and Malaysia discussed insights on how Malaysia and Bangladesh can tap into the halal foods and other products and servicesto achieve prosperity through business and economic collaboration.

Bangladesh’s High Commissioner to Malaysia, Md. GolamSarwar, wasthe keynote speaker. Abrar A. Anwar, CEO, Standard Chartered Malaysia and NaserEzazBijoy, CEO, Standard Chartered Bangladesh spoke on behalf of their respective organisations.

The panellists included Rizwan Rahman, President of the Dhaka Chamber of Commerce and Industry, Ahsan Khan Chowdhury, Chairman and Chief Executive Officer, PRAN-RFL Group Bangladesh and Wan Amir-Jeffery Wan Abdul Majid, Chief Operating Officer, Duopharma Biotech Berhad, Malaysia, among others.

NaserEzazBijoy, CEO of Standard Chartered Bangladesh said, “Worldwide, the global demand for halal products will continue to increase as the halal market has expanded from food and beverage products to cosmetics, pharmaceuticals, modest fashion, and tourism.”

He saidit is projected that the global halal industry is set to grow to USD 3.1 trillion by 2023. With the right ecosystem support and a collaborative approach,Bangladeshi and Malaysian companies are primed to tap into this ever-growing global market and drive the two economies forward.

The discussants also highlighted Standard Chartered Saadiqas the lone international Islamic banking proposition for both retail and corporate clients, with a network spanning across Asia, Africa, and the Middle East.

2021 marks 16 years of operation in Bangladesh for Standard Chartered Saadiq. It has led the way in Islamic Banking by introducing a number of ‘firsts’, from introducing the first Islamic credit card in 2007 to arranging the first Sukuk transaction in the market in 2019.

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