How will MIHAS 2024 promote sustainability and innovation

**MIHAS 2024** will prominently feature its commitment to innovation and sustainability in the Halal industry at the Malaysia International Halal Showcase, scheduled for September 17-20, 2024, at the Malaysia International Trade & Exhibition Centre (MITEC). Under the theme "Globalising Halal Innovations," **MIHAS 2024** aims to serve as a key platform for global Halal companies, promoting cutting-edge products and technologies across 14 sectors. The event aligns with Malaysia's New Industrial Master Plan 2030 and emphasizes innovation in the Halal sector, recognized as vital for job creation and improving living standards. With expected participation of over 40,000 trade visitors and 2,000 booths from 45 countries, **MIHAS 2024** will facilitate business growth, knowledge sharing, and market expansion, while enhancing global trade relationships in the Halal market, projected to exceed US$60 billion.

Overview of MIHAS 2024

**MIHAS 2024** represents a significant milestone for Malaysia as it showcases the nation's strength in the **Halal sector**. The conference will bring together industry leaders, innovators, and policymakers from various parts of the world to discuss and explore advancements in **Halal** products and services. The primary focus will be on the synergy between **sustainability** and **innovation**. This event highlights how the Halal sector can contribute positively to the economy while promoting ethical practices that benefit the community and environment.

Theme: Globalising Halal Innovations

The theme "Globalising Halal Innovations" encapsulates the essence of **MIHAS 2024**. It aims to inspire attendees to think worldwide while introducing local innovations into the global marketplace. The event will feature a series of conferences, presentations, and workshops focusing on how **Halal innovations** can drive business growth and pave the way for sustainable practices. By encouraging participation from international markets, **MIHAS** seeks to create a comprehensive ecosystem that nurtures innovation while supporting global **Halal** compliance and standards.

Commitment to Sustainability in the Halal Industry

Sustainability has emerged as a key element within the **Halal industry**, reflecting growing consumer demand for eco-friendly practices and products. **MIHAS 2024** will showcase various sustainable initiatives undertaken by **Halal companies** worldwide. In doing so, the event aims to promote practices such as responsible sourcing, waste reduction, and ethical labor practices as fundamental tenets of the **Halal** industry.

• Responsible Sourcing: Ensuring that products are procured in a manner that supports the environment and communities.
• Waste Reduction: Advancing methodologies to minimize waste in the **Halal** supply chain.
• Ethical Labor Practices: Promoting fair working conditions for all employees involved in the **Halal** process.

By placing a strong emphasis on sustainability, **MIHAS 2024** not only highlights the Halal industry's commitment to environmentally conscious practices but also aims to set a standard for other industries to follow. The integration of sustainability into the **Halal sector** serves to attract a new generation of responsible consumers, further amplifying the market's potential.

Innovation as a Catalyst for Growth

Innovation is not just a buzzword; it is a crucial catalyst for growth within the **Halal industry**. **MIHAS 2024** will feature several groundbreaking innovations that showcase how technological advancements can enhance the industry's overall efficacy and appeal. From blockchain technology in supply chain management to smart packaging and mobile applications for consumers, the event is set to display the future of **Halal innovation**.

Key Innovations to Expect

1. Blockchain Technology: Ensuring transparency and traceability of **Halal products**.
2. Smart Packaging: Improving product longevity and consumer engagement.
3. Mobile Applications: Providing consumers with easy access to **Halal products** and information.

The role of innovation in fostering a competitive edge is especially crucial as global trends shift toward more tech-driven solutions. The showcase of these innovations is expected to ignite discussions on best practices, collaboration, and new business models that can help drive the **Halal industry** forward.

Key Features of the Event

**MIHAS 2024** promises to be a comprehensive platform with numerous key features aimed at enhancing the participant experience. The event will not only focus on exhibitions but also provide rich learning opportunities and networking experiences for all attendees.

• Exhibitions: Featuring over 2,000 booths from renowned **Halal** businesses globally.
• Workshops: Conducting practical sessions focused on innovation and sustainability.
• Panel Discussions: Engaging discussions with thought leaders and experts in the **Halal industry**.
• Networking Opportunities: Facilitating connections between businesses to explore partnerships and collaborations.

This blend of features aims to create an engaging environment where ideas can flourish, ultimately leading to innovations that benefit the broader community.

Expected Participation and Global Reach

With an anticipated attendance of over 40,000 trade visitors from 45 countries, **MIHAS 2024** aims to solidify its status on the global stage. The participation of diverse **Halal companies** from various sectors serves as evidence of the event's importance in fostering international trade relationships and expanding the **Halal marketplace**. By bringing together a diverse range of stakeholders, **MIHAS 2024** will facilitate discussions on market trends, consumer behavior, and the future of the **Halal industry**.

The Role of MIHAS in Job Creation

As **MIHAS 2024** showcases innovations and sustainable practices, it also plays a vital role in job creation within the **Halal industry**. By attracting global **Halal companies** and facilitating market entry, the event catalyzes opportunities for new employment and skill development. This aligns with Malaysia's New Industrial Master Plan 2030, which aims to create high-value jobs across various sectors, particularly in **Halal**.

Job creation can thrive through innovation, and companies that participate in **MIHAS 2024** will likely enhance their workforce capabilities by upskilling their employees and embracing teamwork to develop innovative solutions.

Collaboration Opportunities for Halal Companies

One of the most critical aspects of **MIHAS 2024** is its potential for fostering collaboration among **Halal companies**. Networking sessions, panel discussions, and workshops will emphasize the importance of partnerships and alliances. Collaborative teams can drive innovations and create products that meet market demands while adhering to **Halal standards**.

Benefits of Collaboration

• Shared Knowledge: Learning from other markets and discovering best practices.
• Diversified Products: Creating a wider range of offerings that cater to varying consumer preferences.
• Increased Market Reach: Gaining access to new markets through partnership synergies.

By leveraging these collaboration opportunities, **Halal companies** can amplify their reach and create impactful solutions that drive both sustainability and innovation.

Impact on Global Trade Relationships

The global **Halal market** is evolving, and **MIHAS 2024** positions itself as a pivotal event that influences international trade relationships. By serving as a common ground for **Halal businesses**, governments, and consumers, the event fosters a collaborative environment where trade agreements and partnerships can flourish.

The dialogue stimulated at **MIHAS 2024** will help businesses better understand the global **Halal market's** nuances and consumer expectations, ultimately leading to the enhancement of trade relationships. As participating countries extend their reach, both sellers and buyers in the **Halal industry** will benefit tremendously, paving the way for mutual growth and sustainability.

Future Prospects for the Halal Market

The future is bright for the **Halal market**, driven by a combination of consumer demand, innovation, and sustained effort toward sustainability. **MIHAS 2024** stands as a beacon of progress, illuminating the path forward for **Halal companies** worldwide. With new technologies and sustainable practices at the forefront, the **Halal industry** is poised to grow and adapt to changing consumer behaviors.

The predictions suggest that the **global Halal market** will continue to grow over the coming years. With an increasing awareness of sustainable living choices among consumers, the demand for **Halal products** is expected to rise significantly.

Conclusion and Call to Action

**MIHAS 2024** is more than just an exhibition; it is a comprehensive platform that embodies Malaysia's commitment to innovation and sustainability in the **Halal industry**. Through the theme "Globalising Halal Innovations," attendees will have the opportunity to engage with industry leaders, witness groundbreaking technologies, and explore collaboration opportunities that can pave the way for future growth. By focusing on sustainability and innovation, **MIHAS 2024** is set to impact the **Halal market** positively and contribute to job creation, economic development, and the establishment of ethical practices across sectors.

As we approach this pivotal event, we encourage all stakeholders—businesses, investors, innovators, and consumers—to participate actively in **MIHAS 2024**, share their insights, and be part of the conversation that shapes the future of the **Halal industry**. This is a unique opportunity to embrace sustainability and innovation and to solidify relationships that transcend borders for years to come. Don’t miss out on being a part of this transformative journey!

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