Malaysia Proposes Reviving World Zakat Organization to Support Poor Muslim Communities Worldwide

Malaysia Proposes Reviving World Zakat Organization to Support Poor Muslim Communities Worldwide
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Malaysia has proposed reviving the World Zakat Organization to coordinate the collection and distribution of zakat funds internationally, with the aim of supporting impoverished Muslim countries and Muslim minority communities around the world.

In a related development, Malaysian officials revealed that Malaysia and Türkiye had also discussed expanding cooperation in the halal industry and capitalizing on growing opportunities in international markets. He highlighted Malaysia’s 52 years of experience in halal certification and emphasized the potential for closer collaboration with Türkiye across several sectors, including food and beverages, pharmaceuticals, cosmetics, vaccines and manufactured products.

According to Hamidi, the global halal products market is expected to reach approximately $1.3 trillion by 2030. He stressed the importance of strengthening partnerships between Malaysia, Türkiye and other Muslim countries to benefit from this expanding market.