Indonesia launched 13 programmes to develop a Sharia economy focused on halal products, Islamic finance, Sharia social finance and Sharia business activities expansion.

Jakarta – The Indonesian National Sharia Economy and Finance Committee or KNEKS launched 13 priority programmes for 2022 to boost the development of the Sharia economy. The programmes will focus on developing four areas: halal products, Islamic finance, Sharia social finance and Sharia business activities expansion.

Sutan Emir Hidayat, director of Islamic economy support system at KNEKS, told Salaam Gateway that four priority programmes will be in place next year to develop the halal products industry. These include standardisation of HS shipping codes for product classification, a 2022-2029 masterplan, a task force to accelerate halal certification for micro and small enterprises (MSEs), and mainstreaming research and product innovation. 

For shipping data standardisation, there will be collaboration between the Directorate General of Customs and Clearance, the National Halal Agency BPJPH and National Single Window Agency of the Ministry of Finance to record any halal products on export and import documents.