Photo: A supermarket aisle displaying food products at a Carrefour outlet in Jakarta, Indonesia , on May 8, 2017. 1000 Words / Shutterstock.com

Halal Industry Islamic Finance Islamic Lifestyle

Indonesia to launch Islamic economy masterplan, compulsory halal labeling not ‘postponed’, starts Oct 17 - officials


JAKARTA - Indonesia’s National Committee for Islamic Finance (KNKS) will launch an Islamic economy masterplan in March to boost development of the country’s real economy and halal industries, Sutan Emir Hidayat, its Islamic Financial Education and Research Director told Salaam Gateway.

The tentative launch date of the masterplan is March 26, said Hidayat.

The upcoming plan will complement the 10-year Islamic finance masterplan released in 2016 that was designed to accelerate the growth of the country’s Shariah-compliant financial sector.

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Certification
Masterplan