How does inflation impact the affordability of religious sacrifices?

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Inflation Significantly Increases the Cost of Religious Sacrifices in Malaysia

The impact of spiralling inflation in Malaysia has made the ritual animal sacrifice for Hari Raya Aidiladha considerably more expensive this year. Muslims participating in the religious korban are facing increased costs, with some mosques reporting price hikes of approximately 25 per cent compared to the previous year. This rise is predominantly attributed to the escalating prices of beef and most other meat types.
Increased Costs at Local Mosques and Prayer Halls

Several religious institutions have reported a notable increase in the price per portion for the korban. For instance, at Surau Al-Ansor in Shah Alam, Selangor, the cost for seven portions per cow has risen from RM650 last year to RM750 this year. Similarly, Tengku Ampuan Mosque saw its price per part for a cow increase from RM800 in the previous year to RM850 this year, consequently raising the total cost of a whole cow from RM5,600 to RM5,950. In Ipoh, the price per portion at Surau Al-Ansar also saw a jump from RM600 to RM750.
Rising Livestock Feed Prices Drive Up Cattle Costs

A primary driver behind the increased cost of sacrificial animals is the significant rise in livestock feed prices. The cost of a bag of feed has escalated from RM50 to between RM60 and RM70. This increase in feed expenses directly impacts the price of cattle, with a 250kg cow that cost RM6,000 last year now commanding a price of at least RM7,000. Livestock suppliers have noted that these are unprecedented price hikes in their years of experience, making it challenging to maintain profitability without compromising animal quality.
Economic Factors and Online Alternatives

The higher prices for local korban are also influenced by late purchases made during the sacrificial season, which typically leads to price increases compared to earlier bookings. Furthermore, the availability of online providers offering korban performed abroad at significantly lower rates presents a stark contrast. These services can offer participation for as little as RM320 per portion, compared to the RM750 per portion charged by the same providers for korban performed within Malaysia. This disparity highlights the economic pressures faced by both suppliers and participants in the local market.

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How does inflation impact the affordability of religious sacrifices?

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