Halal Industry Development, Bank Indonesia Name 4 Potential Sectors



Mahinda Arkyasa

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  • TEMPO.CO, Jakarta - Bank Indonesia mentioned that at least there are four potential sectors that can be optimized to develop the halal industry in Indonesia. Deputy Governor of Bank Indonesia Sugeng explained that the four potential sectors are integrated farming, food and fashion, renewable energy, and halal tourism.

    The development of potential sectors must be conducted through halal value chain approach, which is the development and utilization of sharia economy comprehensively.

    "[Development] includes strengthening the digitalization of micro-small medium sharia enterprises [micro-small medium enterprises onboarding] to expand market access and the establishment of digital payment canal through QRIS [QR Indonesian Standard]," Sugeng said during his speech at the virtual opening of the Sharia Economy Festival (FESyar) of Sumatera Region in Padang on Monday, September 14, 2020.

    Meanwhile, West Sumatera Governor Irwan Prayitno said that the sharia economy and finance is one of the solutions during the Covid-19 pandemic due to the increasing need for hygienic halal products.

    The West Sumatera governor has released a number of rules to support the sharia economic and finance development, especially to support the development of halal culinary and tourism. The FESyar is viewed as a momentum to introduce sharia economy and finance to the public.

    The Sumatera Regional FESyar is part of the Indonesia Sharia Economic Festival (ISEF) Virtual 2020, which was opened on early August 2020 in Jakarta. The Sumatera Regional FESyar 2020 adopted the theme 'Strengthening Connectivity of Sharia Economy as Regional Economic Driver' begins from September 14, 2020 until September 20, 2020 virtually.

    The theme is in accordance with the Sumatera region context that borders with many countries, such as Singapore and Malaysia, and therefore it is expected to to strengthen economic relationships. the FESyar activities will be focused on showcasing the development of sharia businesses through halal value chain, islamic boarding school economic, micro-small medium enterprises, and corporation.

    In addition, the event is also expected to serve as education and sharia economy and finance literacy education through seminars, talk shows, and mass preaching to support the halal lifestyle.