As Malaysia sharpens its focus on sustainable and inclusive economic growth under Budget 2026, a powerful alliance between microLEAP and the Halal Development Corporation Berhad (HDC) is setting a new standard for Halal industry empowerment. Their partnership promises to widen access to Shariah-compliant financing for Halal-certified Micro, Small and Medium Enterprises (MSMEs). This serves as a critical move in advancing Malaysia’s global Halal leadership vision.
Driving Halal Industry Growth Under Budget 2026 And HIMP 2030
This strategic partnership aligns seamlessly with Budget 2026’s priorities of MSME empowerment, sustainable financing, and Halal ecosystem development. These are the key pillars of the 13th Malaysia Plan. It also supports the Halal Industry Master Plan (HIMP) 2030, which envisions a “Prominent, Visible and Globalised Halal Malaysia.”
Through this collaboration, over 14,000 members of HDC’s Halal Integrated Platform (HIP) will gain access to microLEAP’s Shariah-compliant financing ecosystem. This will enable them to pursue business expansion, certification readiness, and new market opportunities. The initiative is also directly tied to Strategic Thrust 4 of HIMP 2030: Enhancing Quality and Integrated Infrastructure Development. This will also ensure Halal enterprises have the financial tools and infrastructure to compete internationally.
Flexible, Transparent, And Ethical Financing For MSMEs
As a Securities Commission Malaysia-recognised Shariah-compliant Peer-to-Peer (P2P) financing platform, microLEAP has designed products that address the diverse needs of Halal MSMEs.
- Micro Financing: Provides up to RM50,000 for smaller enterprises requiring working capital or early-stage growth support.
- Invoice Financing: Offers a soft limit of up to RM500,000 for larger-scale operations with ongoing cash flow demands.
These financing options are built on Shariah principles, ensuring Halal MSMEs can grow ethically while maintaining compliance.
microLEAP’s CEO, Tunku Danny Nasaifuddin Mudzaffar, highlighted that this collaboration marks a vital alignment between national policy and market execution. He said:
“With Budget 2026 charting a clear path for sustainable and inclusive growth, Shariah-compliant financing must play a central role in empowering Halal MSMEs. Partnering with HDC allows us to scale this vision with purpose — enabling businesses to access the funding they need to grow, export, and contribute to Malaysia’s leadership in the global Halal economy,”
Strengthening Financial Readiness And Investor Confidence
The microLEAP–HDC partnership not only enhances access to capital but also strengthens financial readiness in line with Halal certification standards. Entrepreneurs can now transition from being Halal-certified to becoming Halal-competitive – equipped to innovate, expand, and engage global markets.
Furthermore, this collaboration is expected to attract more Shariah-based investors
microLEAP’s consistent performance underscores this trust: since 2019, it has channelled over RM438.6 million in Shariah-compliant financing to 357 MSMEs across various sectors including food and beverage, technology, engineering, and services. In Q3 2025, it disbursed RM57.5 million, marking a 113% year-on-year increase, while maintaining an impressively low default rate of 0.34% as of October 2025.
Building Malaysia’s Future As A Global Halal Powerhouse
According to Hairol Ariffein Sahari, CEO of HDC, the collaboration reinforces Malaysia’s long-term vision of positioning the Islamic economy as a key growth pillar. He said:
“The real test for Halal businesses has never been certification alone; it has been access to capital. By bridging that gap with microLEAP, we are supporting HIMP 2030’s mission to build an integrated and competitive Halal ecosystem where businesses can grow sustainably, innovate confidently, and compete globally,”
As Malaysia advances toward Budget 2026 and the broader HIMP 2030 goals, the microLEAP–HDC partnership represents a tangible step in embedding Shariah-compliant financing into the nation’s Halal industry infrastructure. It ensures that Halal MSMEs are not just participants but key enablers of Malaysia’s growth, innovation, and global competitiveness — paving the way for a resilient, ethical, and world-leading Halal economy.
