Malaysian Small & Medium Enterprises (SMEs) are at the risk of losing RM292 billion in revenue due to ESG non-compliance.
Greening Halal Businesses (GHB) can help your business avoid this risk – and turn it into an opportunity!
Kickstart your greening journey today!
GHB provides hands-on and practical support to halal businesses - particularly SMEs - to adopt sustainable practices.
How GHB can benefit you
Build business resilience against climate and supply chain disruptions
Greater cost savings and increase business competitiveness
Gain access to new markets and opportunities
What GHB offers
Complimentary Sustainability Training
Gain exclusive access to expert-led practical technical support (fully sponsored)
Carbon Accounting Made Simple
Start tracking your carbon footprint with subsidised software
Green financing opportunities
Access competitive funds to support decarbonisation effort
Impact measurement
Track your progress and boost your credibility
"A pilot programme on Greening Halal Businesses -- a collaboration between the Islamic Development Bank, the Ministry of Finance, Bank Negara Malaysia and the World Bank -- aims to assist halal businesses in Malaysia to transition to greener and sustainable practices by providing technical capacity building, tools to measure and report greenhouse gas emissions, and transition financing including certifications."
YAB Prime Minister Dato' Seri Anwar Ibrahim
Keynote Address at the Global Forum
on Islamic Economics and Finance (GFIEF),
28 May 2024
RM15 million in assistance for local halal entrepreneurs’ transition towards green practices to enhance export businesses abroad in collaboration with BNM, the Islamic Development Bank, the World Bank Group in Malaysia and selected implementation partners
Belanjawan 2025 Touchpoint
October 2024
I am interested. How do I sign up?
Please contact the participating banks below for more information
Affin Islamic Bank
| Website | affinalways.com |
|---|---|
| Officers-in-Charge |
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Agrobank
| Website | agrobank.com.my |
|---|---|
| Officers-in-Charge |
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Bank Rakyat
| Website | bankrakyat.com.my |
|---|---|
| [email protected] | |
| Officers-in-Charge |
|
EXIM Bank
| Website | exim.com.my |
|---|---|
| Officers-in-Charge |
|
Hong Leong Islamic Bank
| Website | hlisb.com.my |
|---|---|
| Officers-in-Charge |
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MBSB Bank
| Website | mbsbbank.com |
|---|---|
| Officers-in-Charge |
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SME Bank
| Website | smebank.com.my |
|---|---|
| Officers-in-Charge |
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Standard Chartered Saadiq
| Website | sc.com/my |
|---|---|
| Officers-in-Charge |
|
Maybank Islamic Bank
| Website | maybank.com/islamic |
|---|---|
| [email protected] | |
| Officers-in-Charge |
|
CIMB Islamic Bank
| Website | CIMB.com.my |
|---|---|
| Officers-in-Charge |
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Know more about Greening Halal Businesses
FAQs on Greening Halal Businesses
Introduction
GHB supports Malaysian halal businesses, particularly SMEs, with technical know-how and financial resources to adopt impactful and sustainable greener practices. These practices help enhance business competitiveness and resilience.
Decarbonising is essential to sustaining competitiveness and meeting global environmental commitments. Aside from enjoying cost savings and greater resource efficiency, SMEs that transition early stand to benefit from preferential procurement from buyers and gain access to new markets.
SMEs will get complimentary technical assistance, affordable green financing and subsidised access to carbon accounting software. SMEs are expected to attend training provided and report carbon emissions using partnering software providers. SMEs will undergo transition activities with support of participating banks’ funding from second year onwards.
Eligibility Criteria
Must be a Malaysian businesses registered with the Companies Commission of Malaysia (SSM) or any other relevant authority for Sabah and Sarawak; AND
Must be a SME (defined under SME Corporation Malaysia’s Guideline for SME Definition); AND
Must meet at least one of the following criteria:
- Holds a valid and active halal certification; OR
- Committed to undergo halal certification process; OR
- Involved in the halal supply chain or provision of halal-related services.
Yes, as long as you fulfill the above criteria. No prior ESG experience is required.
Transition activities may include, but not limited to:
- purchase/use/rental/maintenance of green certified and sustainable premises/equipment/plant/materials and machineries
- hiring of consultant to advise on and expenses for transformation to sustainable business, and
- expenses to obtain sustainability certification.
Application Process
Please sign up via the listed participating banks
The documents required varies across on the participating banks. Please refer to respective banks for more information.
