Proceedings of the International Conference on Law, Governance and Islamic Society (ICOLGIS 2019)

Strengthening Sharia Economy Through Halal Industry Development in Indonesia

Authors
Fadhil Yazid, Tan Kamello, Yasir Nasution, Edy Ikhsan
Corresponding Author
Fadhil Yazid
Available Online 13 March 2020.
DOI
10.2991/assehr.k.200306.187How to use a DOI?
Keywords
Islamic economics, halal industry, Indonesia
Abstract

Indonesia is the largest Muslim country in the world, with more than 87% of the total Muslim populations. This quantity is a promising market share, including products and services. The purpose of this study is to examine the prospect of halal industries in supporting the development of Islamic economics in Indonesia. The study employs a normative juridical method by using secondary data. The results of the study show that halal industry markets, such as food, tourism, fashion, and medicine sectors, can be capital in Islamic economic development in Indonesia. One of the efforts of the Indonesian government in encouraging Islamic economy development is by developing & incorporating sustainable halal values in the Indonesian Islamic economic masterplan in 2019-2024. The process of issuing halal certification for products and services requires at least three parties, namely the Halal Product Assurance Agency, the Indonesian Ulama Council, and the Halal Inspection Agency. This is in accordance with the mandate of Law Number 33 the Year 2014 on Halal Product Assurance. To support the Islamic economy through the halal industry, Indonesia is expected to be able to maximize local wisdom in maximizing global market opportunities.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference on Law, Governance and Islamic Society (ICOLGIS 2019)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
13 March 2020
ISBN
978-94-6252-926-7
ISSN
2352-5398
DOI
10.2991/assehr.k.200306.187How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Fadhil Yazid
AU  - Tan Kamello
AU  - Yasir Nasution
AU  - Edy Ikhsan
PY  - 2020
DA  - 2020/03/13
TI  - Strengthening Sharia Economy Through Halal Industry Development in Indonesia
BT  - Proceedings of the International Conference on Law, Governance and Islamic Society (ICOLGIS 2019)
PB  - Atlantis Press
SP  - 86
EP  - 89
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200306.187
DO  - 10.2991/assehr.k.200306.187
ID  - Yazid2020
ER  -