Ma'ruf Amin Talks of Great Challenges of Developing Sharia Economy

12 March 2021 15:05 WIB

TEMPO.CO, JakartaVice President Ma'ruf Amin revealed three serious challenges for Indonesia to develop Islamic economic and financial products that are competitive in the global market. 

He explained that the first challenge is the value chain of various sharia economic sectors that have not been yet integrated.

“To create an efficient halal industry, it is necessary to develop an integrated ecosystem in economic activities, starting from imports, production processes, distribution, marketing, up to consumers,” said Ma'ruf in the virtual launching event of the Sharia Finance and Digital Economy (Shafiec) and National Sharia Finance Forum on Friday, March 12.

Ma'ruf said the government was keen to expand halal industrial areas and issued several policies to support the value chain, such as by strengthening the sharia-based industry and MSMEs through Job Creation Law and the establishment of Bank Syariah Indonesia.

The second challenge is the digital transformation of economic activities which is accelerated by the pandemic, the VP argued.

The next challenge is human resources. Ma'ruf Amin opined that Indonesia is lacking resources in the Islamic economy. He pinned hopes that universities could produce reliable human resources in the sharia economy and finance. “I hope the university curricula can match the needs of this industry,” he said.

Read: Ma'ruf Amin Suggests Tax Reform for Islamic Financial Institution

FRANCISCA CHRISTY ROSANA



VP Ma'ruf Amin: Chinese New Year as Momentum to Strengthen National Solidarity

13 hari lalu

VP Ma'ruf Amin: Chinese New Year as Momentum to Strengthen National Solidarity

Indonesian Vice President Ma'ruf Amin stated that Chinese New Year 2023 can become a momentum to strengthen solidarity among Indonesians.


Vice President Ma'ruf Amin Urges OJK and BEI to Protect Investors

35 hari lalu

Vice President Ma'ruf Amin Urges OJK and BEI to Protect Investors

Vice President Ma'ruf Amin warned the OJK and the Indonesia Stock Exchange (BEI) to increase supervision and protection for investors.


Indonesian Vice President Responds to Dutch Apology for Past Slavery

42 hari lalu

Indonesian Vice President Responds to Dutch Apology for Past Slavery

Indonesian Vice President Ma'ruf Amin responds to the Dutch Government's apology regarding the past slavery in several countries they colonized.


Greenpeace Indonesia Laments Government's Climate Stance in COP27

11 November 2022

Greenpeace Indonesia Laments Government's Climate Stance in COP27

Greenpeace Indonesia laments the Indonesian government's climate stance mentioned by Vice President Ma'ruf Amin at the COP27.


VP Ma'ruf Amin Says Indonesia Takes Concrete Steps to Resolve Climate Crisis

9 November 2022

VP Ma'ruf Amin Says Indonesia Takes Concrete Steps to Resolve Climate Crisis

Vice President Ma'ruf Amin emphasizes that Indonesia continues to take concrete steps to resolve the climate crisis through various strategic efforts


VP Ma'ruf Amin Flies to UAE for Partnership Talks

4 November 2022

VP Ma'ruf Amin Flies to UAE for Partnership Talks

Indonesia's Vice President Ma'ruf Amin visited Abu Dhabi, United Arab Emirates (UAE), on November 1-4, 2022.


Vice President Ma'ruf Amin Attends National Santri Day Event in Yogyakarta

24 Oktober 2022

Vice President Ma'ruf Amin Attends National Santri Day Event in Yogyakarta

Vice President Ma'ruf Amin and his wife Wury Estu Handayani, along with a small entourage, flew for the Special Region of Yogyakarta on Monday.


Vice President Ma'ruf Amin, Singapore Deputy PM Lawrence Wong to Meet on Tuesday

17 Oktober 2022

Vice President Ma'ruf Amin, Singapore Deputy PM Lawrence Wong to Meet on Tuesday

Ma'ruf Amin departed for Singapore to attend a bilateral meeting with Deputy Prime Minister Lawrence Wong at the country's parliament.


VP Ma'ruf Amin Pushes Agriculture Sector to Cushion Food Crisis Effects

6 Oktober 2022

VP Ma'ruf Amin Pushes Agriculture Sector to Cushion Food Crisis Effects

Indonesia's Vice President Ma'ruf Amin encouraged the agriculture sector to be one of the pillars to anticipate the global economic recession.


VP Ma'ruf Amin Meets with Japanese PM Fumio Kishida

27 September 2022

VP Ma'ruf Amin Meets with Japanese PM Fumio Kishida

Indonesia's Vice President Ma'ruf Amin met with Japanese Prime Minister Fumio Kishida at Japan's Akasaka Palace on Monday, September 26, 2022.