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HalalBiz Financing Programme

HalalBiz Financing Programme

Supports halal ecosystem firms in Malaysia with Shariah compliant financing for certification and related business development.

OpenSmall Medium Enterprise Development Bank Malaysia BerhadMalaysia
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About

HalalBiz is a Shariah-compliant financing programme offered by Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) to encourage Malaysian MSMEs to participate in the halal industry ecosystem. Eligible businesses may use the financing for asset purchase, working capital, and the direct cost of obtaining Halal certification. The Malaysian government has allocated RM100 million annual…

What this grant funds

Shariah-compliant Islamic financing for Malaysian MSMEs operating in the halal industry ecosystem, covering asset purchase, working capital, and Halal certification costs.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.MYR 100M
Funding analytics

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Industries

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Eligibility criteria

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Application process

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Last verified: 22 Jul 2026Source: www.smebank.com.my