Seiyaj Tech and Halal Development Corporation Berhad (HDC) Sign Landmark LOI to Localize Halal Ecosystem Solutions in Saudi Arabia
In a major step towards transforming the halal industry in the Kingdom of Saudi Arabia (KSA), Seiyaj Tech and Malaysia’s Halal Development Corporation Berhad (HDC) have officially signed a Letter of Intent (LOI) to collaborate on localizing HDC’s innovative halal ecosystem solutions within the region. This strategic partnership is set to revolutionize how the halal sector operates, empowering it with cutting-edge technology and transparency.
The LOI was signed by Ali Zeindeen, Managing Director of Seiyaj Tech, and Mr. Hairol Ariffein Sahari, CEO of HDC, symbolizing the shared vision between both entities to usher in a new era of digital transformation in Saudi Arabia’s halal industry.
Driving Innovation with Advanced Technology
At the heart of this collaboration is the mutual desire to infuse innovation into the halal sector, blending trusted halal certification systems with groundbreaking technologies such as blockchain, Internet of Things (IoT), and artificial intelligence (AI). Together, these advancements will enable full traceability and transparency across the halal supply chain, from production to consumer use, strengthening the integrity and trustworthiness of halal products.
This partnership aligns closely with the goals of Saudi Vision 2030, which aims to diversify the kingdom’s economy through technology-driven initiatives. By introducing HDC’s advanced halal solutions, this collaboration will not only boost local industry capabilities but also ensure Saudi Arabia remains a global leader in halal innovation.
Commitment to Transparency and Traceability
Seiyaj Tech and HDC are committed to enhancing the halal ecosystem by providing solutions that go beyond traditional certification processes. With the integration of blockchain technology, consumers will have access to real-time information about the origins, processes, and compliance of halal products. IoT will further streamline operations, while AI will optimize the decision-making processes within the halal value chain.
The partnership will focus on localizing these solutions to suit the Saudi market’s unique requirements, ensuring a seamless adaptation of HDC’s proven expertise to benefit both local businesses and consumers.
A Shared Vision for Saudi Vision 2030
Saudi Vision 2030 emphasizes innovation, economic diversification, and the development of non-oil sectors, particularly those like the halal industry that have vast potential. This partnership underscores the importance of public-private collaboration in realizing that vision, especially in critical industries like food and agriculture, which are central to halal.
This collaboration represents a significant step forward for both Seiyaj Tech and HDC in shaping the future of halal in the Middle East, further solidifying Saudi Arabia’s position as a hub for halal innovation.
Stay tuned for further updates as Seiyaj Tech and HDC embark on this groundbreaking journey to modernize and elevate the halal industry in Saudi Arabia.
