Bank Indonesia to push for halal value chain model including Islamic boarding schools, SMEs - official
JAKARTA – Bank Indonesia, the central bank, will be proposing a halal value chain model consisting of Islamic boarding schools and small- and medium-sized enterprises (SMEs) to boost the country’s Islamic economy, Anwar Bashori, its head of Sharia Finance and Economic Department told Salaam Gateway.
“As a member of the supervisory board of the national Islamic finance committee, next month we will propose a halal value chain model to the committee’s secretary, the ministry of national development planning, and the ministry of industry, to develop a halal industry ecosystem,” said Bashori.
Indonesia established a National Committee for Islamic Finance (Komite Nasional Keuangan Syariah, KNKS) in July 2017 that held its first meeting in February this year. KNKS is to complete a roadmap for the improvement and expansion of the country’s Islamic finance industry before the end of this year.
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