Featured NewsDecember 23, 2021

Indonesian Muslim fashion industry ranked third worldwide

Jakarta (ANTARA) – According to the Industry Ministry, the Indonesian Muslim fashion industry was ranked third globally, indicating that the country’s halal industry was growing and contributing positively to the national economy.

The information comes from the State of the Global Islamic Economy Report for the years 2020-2021.

“In the halal pharmaceutical and cosmetics sector, our standing has increased by 19 ranks, so we are currently ranked sixth in the world. Meanwhile, in the modest Muslim fashion sector, Indonesia is currently ranked third in the world,” the secretary-general of the Industry Ministry, Dody Widodo, noted in a written statement received here on Monday.

Furthermore, Indonesia is currently ranked fourth in the halal food sector, up eight places from its previous position.

Widodo stated that the national halal industry’s investment was realized at the highest level in the world. In the halal industry, 80 transactions in the form of mergers and acquisitions, private equity, and venture capital were recorded between 2018 and 2021.

“These transactions are spread across every sector, with most of it recorded in the halal food and Islamic finance sectors,” he pointed out.

Widodo stated that his administration was committed to further developing the national halal industry so that it could compete on a global scale. “Thus, we need to accelerate matters to be able to immediately transform from a top consumer market to a top halal exporter,” he emphasized.

The ministry had established policies for the development of the halal industry, including the provision of halal certification, particularly for small and medium-sized businesses. Those actions were taken as part of a larger strategy to aid the development of Indonesia’s halal industry ecosystem.

They also want to set up the Halal Analysis Agency (LPH) and push for increased human resource capacity by facilitating halal auditor training.

“With experience, as a leading sector in the application of the Indonesian National Standard (SNI) industry, the Industry Ministry can also contribute through the Halal Guarantee System (SJH) in the future,” he added.

Furthermore, as stipulated in Industry Minister’s Regulation Number 17 of 2020 on procedures for obtaining a certificate for the establishment of a halal industrial estate, the Industry Ministry has promoted the establishment of halal industrial areas.

“The Industry Ministry issues a Certificate of the Halal Industrial Estate for the Halal Modern Valley that is managed by PT. Modern Industrial Estate in Serang, Banten; for the Halal Industrial Park Sidoarjo managed by PT. Makmur Berkah Amanda in Sidoarjo; and for the Bintan Inti Halal Hub managed by the PT. Bintan Inti Industrial Estate in Bintan, Riau Islands,” he elaborated.

The 2021 Indonesia Halal Industry Awards were successfully organized by the ministry (IHYA). This activity symbolized the government’s recognition of industrial activists, academics, and stakeholders who have actively contributed to the development of Indonesia’s halal industry.

“Ihya in Arabic means to revive. With this meaning, there is hope that this award event can contribute to efforts to revive, awaken, and strengthen the sharia economic ecosystem, in general, and the halal industry, in particular,” he said.