Integration of Islamic Management Principles and Values according to the Qurʾan and Hadith in Fostering Halal Governance in Malaysia

Abstract

Abstract Since the 1970s, Malaysia has been experiencing excellent and smooth development and reform of Halal governance year after year. Halal stakeholders in the country such as government agencies, consumers and industry players perform their roles well in implementing, improving, and supporting the Halal ecosystem and Halal governance towards a better position. The current shaping of Malaysian Halal governance has the nature and elements of federalism and public administration of the country. However, this paper seeks to explore the Islamic management principles and values in the Qurʾan and Hadith, which can be part and parcel in strengthening the nation’s Halal governance paradigm. In the discovery, this study conducts a qualitative method through library research of journal articles, books, and other relevant materials in gathering the systematic review of concepts and theories of Islamic management according to the Qurʾan and Hadith. On the bright side, Islamic management principles and values promote excellent strategies which suit the Halal governance sphere and environment. Adoption of the Islamic management concept is a right shift in the sight of Halal governance melioration in Malaysia to reach the status of the most efficient Halal global leader.