Sharia Economics Less Synergy



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Potential buyers choose clothes at the Tanah Abang Market, Jakarta, Thursday (10/05/2018). (ANTARA / Sigid Kurniawan

Bisnis.com JAKARTA – The Government Recognizes the Lack of Synergy in Encouraging the Growth of the Shari'a Economy in Indonesia That Is Competitive on the World Market.

Minister Delegate for Economic Affairs Darmin Nasution said, Bank Indonesia (BI), and the Financial Services Authority (OJK) gave rise to various policies to encourage the sharia economy

"But if we are only in step with this position, the financial sector will turn and the sector "he said in High Level Meeting with the theme Indonesian Center for the Islamic World Economy at the Office of the National Agency of Development Planning (Bappenas), Wednesday (25/7/2018).] Therefore, the government believes that efforts to promote the halal industry must also be coupled with the synergies of the productivity of goods and services, logistics and networks, and the digital economy, e-commerce (19459015) and global value chain .

"Inevitably, it should be designed." He added that already established institutions like the National Financial Committee of Sharia (KNKS), the Association of Islamic Economic Experts (IAEI) and others have also a great responsibility to initiate, encourage In addition to mobilize the network of synergy of various economic activities of Sharia

Potentially, Indonesia has the largest Muslim population in the world with a share of 12.7% of the world's Muslim population.With such a population, Indonesia would have great potential.to become a key player in the global sharia economy

Apart from the population, the potential that can be used lies also in various sectors, including financial and real

The size of the halal food and beverage industry market in Indonesia $ 169.7 billion US in 2016 and is expected to reach US $ 1 trillion. here 2030.

However, Darmin considers that Indonesia has more than (19659003) Similarly, in the pharmaceutical industry, Indonesia ranks among the top five global consumers of halal drugs at 5.7 billions of US dollars and 3.7 billion US dollars for the consumption of cosmetics.

Meanwhile, the clothing industry sector in Indonesia is ranked fifth in the world. In fact, the coordinating minister for economic affairs baderted that Indonesia was previously in the forefront.

Indonesia was not among the top five exporters of Muslim clothing.

Minister of National Development Planning (Bappenas / Chef de Bappenas) Bambang PS Brodjonegoro describes the potential of the largest halal products covering the sector of the mamin industry and its derivatives, the sector of the industry pharmaceutical and cosmetics industry sector.

The potential of halal products and services is part of the halal economy. According to him, the halal economy is a new economic flow that can drive global economic growth.

The potential can be seen from three things. First The growth of the world's Muslim population is expected to reach 27.5% of the world's population by 2030.

Second Increasing economic growth in Muslim countries. Third the emergence of potential kosher markets such as China and India

"Given the magnitude of this potential, all parties, the government, the companies and society are trying to capture this potential. "

Referring to Data Global Islamic Economy (GIE) Report 2017/2018 Public Spending Muslim World to Muslim Clothing Reaches 254 Billion In 2016 Or Equivalent of Rp3 537.7 trillion. Its value is expected to increase to US $ 373 billion in 2022, or about Rs 5,195.13 billion.

The global halal mamin industry value in 2016 is about $ 1,245 billion and is expected to reach $ 1,930 billion by 2022. [19659003] The halal cosmetic industry is close to $ 57 billion in 2016 and is expected to reach $ 82 billion in 2022. the value of the halal pharmaceutical industry of $ 83 billion in 2016 and is expected to grow to $ 132 billion in 2022.

Of the four sectors, Indonesia figures only in the category of the top 10 halal cosmetics and pharmaceuticals

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