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Indonesia s halal export potential reaches US$3 6 billion

Sharia ecosystem must incorporate digitalization, local wisdom: VP

Sharia ecosystem must incorporate digitalization, local wisdom: VP 1 hour ago Vice President Ma ruf Amin, Coordinating Minister for Political, Law and Security Affairs, Mahfud MD, and Minister of State-Owned Enterprises, Erick Thohir, attended a gathering of the Sharia Economic Community (MES) at The Tower building in Jakarta on Friday (June 4, 2021). (ANTARA/Asdep KIP Setwapres) Jakarta (ANTARA) - Vice President Ma ruf Amin has said the development of the sharia ecosystem in Indonesia must be based on the use of digital technology and prioritize the local wisdom of various regions. There needs to be a breakthrough in developing a digital-based sharia ecosystem that is integrated and harmonized with local wisdom, the Vice President said while attending a gathering of the Sharia Economic Community (MES) at The Tower building in Jakarta on Friday.

Rising role of sharia economy in Indonesia

Rising role of sharia economy in Indonesia 15 hours ago 16 hours ago 4th May 2021 Muslim fashion showed in an exhibition held on the sideline of Sharia Fair in Surabaya, East Java recently. ANTARA PHOTO/Moch Asim/wsj. We can see that the role of sharia economy has continued to increase, thereby necessitating to put in place a reliable instrument, and we can develop this Indonesia is indubitably catching up with other countries in the development of the sharia economy, although the world s largest Muslim population nation was considered as being rather late in paying heed to Islamic economics. The world s fourth most populous country has realized the need to tap the potential of sharia economy, as the State of Global Islamic Economy Report 2020-2021 indicated that Muslim consumers expenditure on halal food, beverage, pharmaceuticals, and tourism had reached US$2.02 trillion in 2019.

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