{
    "success": true,
    "data": {
        "id": 1876986,
        "msgid": "indef-integrated-ecosystem-key-for-indonesia-to-lead-global-halal-industry-1784800486",
        "date": "2026-07-23 16:22:32",
        "title": "Indef: Integrated Ecosystem Key for Indonesia to Lead Global Halal Industry",
        "author": "Ahmad Fikri Noor",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Economy",
        "summary": "The Institute for Development of Economics and Finance (Indef) asserts that Indonesia's vast potential in the halal industry can only be realised through an integrated ecosystem. The country's sharia financial market share remains at around seven percent, lagging behind nations like the UAE. Indef proposes a strategy based on three pillars: capital, governance, and inclusivity.",
        "content": "<p>The Vice Chairman of the Center for Sharia Economic Development\n(CSED) at the Institute for Development of Economics and Finance\n(Indef), Handi Risza, stated that the development of the sharia economy\nmust be accompanied by the construction of an integrated ecosystem so\nthat Indonesia\u2019s great potential can be realised as a force in the\nglobal halal industry. \u201cIndonesia has enormous potential. However, this\npotential must be supported by a mutually integrated ecosystem,\u201d Handi\nsaid in Jakarta on Thursday (23\/7\/2026). He explained that the market\nshare of Indonesia\u2019s sharia financial industry currently remains at\naround seven percent, thus not yet reflecting the magnitude of the\npotential it possesses. On the other hand, the development of the\nnational halal industry is also considered to still lag behind several\ncountries, including the United Arab Emirates, which has built a more\ncomprehensive halal ecosystem. Handi stated that the acceleration of the\nnational halal economy must rest on three main pillars: capital,\ngovernance, and inclusivity (CGI). According to him, from the capital\naspect, Indonesia still faces limitations in innovation and variety of\nsharia financial products compared to Malaysia. From the governance\nside, strengthening regulation, institutions, and inter-agency\ncoordination remains homework that needs to be resolved. Meanwhile, the\ninclusivity aspect demands that the benefits of the sharia economy be\nfelt more widely by the community through the empowerment of the real\nsector, including the optimisation of ziswaf instruments (zakat, infaq,\nalms, and waqf). \u201cThese three pillars can only be realised if supported\nby strong commitment and political will from the government so that the\nhalal industry can become one of the main drivers of national economic\ngrowth,\u201d he said during a public discussion organised by Paramadina\nUniversity in collaboration with CSED Indef, titled The Future of\nIndonesia\u2019s Halal Economy. Paramadina University Rector Didik J Rachbini\nsaid his institution is committed to strengthening the development of\nthe sharia economy and finance through education, research, and\nstrategic collaboration. \u201cParamadina University already has a Master\u2019s\nProgramme in Sharia Financial Management and a Doctoral Programme in\nSharia Financial Management. We will continue to develop both programmes\nas part of our academic contribution to strengthening the national\nsharia economic ecosystem,\u201d he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indef-integrated-ecosystem-key-for-indonesia-to-lead-global-halal-industry-1784800486",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}