Proceedings of the Conference on SDGs Transformation through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023)

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Issues & Challenges of Halal Industry Development in Indonesia: Stakeholder Perspectives

Authors
Hartomi Maulana1, *, Moch. Kharits Taufani2, Mohamed Asmy Bin Mohd Thasker3, Soritua Ahmad Ramdani Harahap4, M. Ridlo Zarkasyi5
1Department of Management, Research Fellow, Centre for Islamic Economics Studies (CIES), Faculty of Economics and Management, Universitas Darussalam Gontor, Gontor, Indonesia
2Islamic Economics Law, Postgraduate Program, Universitas Darussalam Gontor, Gontor, Indonesia
3Department of Economics, Kulliyah of Economic and Management Science, International Islamic University Malaysia (IIUM), Kuala Lumpur, Malaysia
4Department of Management, Research Fellow, Centre for Islamic Economics Studie (CIES), Faculty of Economics and Management, Universitas Darussalam Gontor, Gontor, Indonesia
5Department of Management, Faculty of Economics and Management, Universitas Darussalam Gontor, Gontor, Indonesia
*Corresponding author. Email: mhartomi@unida.gontor.ac.id
Corresponding Author
Hartomi Maulana
Available Online 11 January 2024.
DOI
10.2991/978-94-6463-346-7_9How to use a DOI?
Keywords
halal industry; issues; qualitative; stakeholders
Abstract

The halal industry includes several sectors in its development, including Islamic finance, halal food, tourism, pharmaceuticals, media, and cosmetics. All of these industries must be properly integrated to function at their best. Although the halal concept has become a halal lifestyle for most Indonesians, the halal industry market is still not developed optimally in Indonesia. Thomson Reuters and Dinar Standards reported that Indonesia is only in the top 10 in the four halal industry sector indicators, including halal fashion (3rd), pharmaceuticals and cosmetics (9th), Islamic finance (6th) and halal food (2nd). In contrast, Indonesia is not in the top ten for the halal media and recreation sector. This paper will highlight the issues and challenges faced by the halal industry from the stakeholder perspectives; business practitioner, academician, regulator and consumer. The method used in this analysis is a qualitative approach and semi-structured interviews are used as data collection techniques. The interviews were conducted with 10 respondents consisting of academics, practitioners and regulators. The study is expected to outline the problems and challenges from a stakeholder perspective to help business practitioners and other parties involved in the halal industry realize the current issues.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the Conference on SDGs Transformation through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
11 January 2024
ISBN
10.2991/978-94-6463-346-7_9
ISSN
2352-5428
DOI
10.2991/978-94-6463-346-7_9How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Hartomi Maulana
AU  - Moch. Kharits Taufani
AU  - Mohamed Asmy Bin Mohd Thasker
AU  - Soritua Ahmad Ramdani Harahap
AU  - M. Ridlo Zarkasyi
PY  - 2024
DA  - 2024/01/11
TI  - Issues & Challenges of Halal Industry Development in Indonesia: Stakeholder Perspectives
BT  - Proceedings of the Conference on SDGs Transformation through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023)
PB  - Atlantis Press
SP  - 44
EP  - 48
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-346-7_9
DO  - 10.2991/978-94-6463-346-7_9
ID  - Maulana2024
ER  -