Danantara Chief Eyes Indonesia as Global Halal Ecosystem Hub, Targeting Sharia Finance Potential
Jakarta: Investment Minister and BKPM Head, who also serves as CEO of Danantara Indonesia, Rosan Perkasa Roeslani, has declared that Indonesia is preparing to claim the top position in the global halal industry.
Referring to the National Long-Term Development Roadmap (RPJPN) for Sharia Economics and Finance 2025-2045, Rosan emphasised that the advancement of the sharia finance industry plays a strategic role in realising the Golden Indonesia 2045 vision.
"The current global landscape is filled with various challenges, from geopolitical uncertainty, climate change, to technological and economic disruption. In such circumstances, we are compelled to find new sources of growth that are inclusive, sustainable, and resilient," Rosan said whilst opening the BSI International Expo 2025, held from 26-29 June in Jakarta, on Friday, 27 June 2025.
Based on several scoring systems, Indonesia currently ranks third globally in the halal industry, despite more than 80 per cent of Indonesian consumers being aware of the importance of halal products.
According to Rosan, the domestic market is already well-prepared to support halal industry growth. However, challenges persist, ranging from low halal literacy among business operators to suboptimal harmonisation of halal certification between countries.
Therefore, strengthening the halal ecosystem cannot be done in a piecemeal fashion. Synergy is required between regulators, business operators, consumers, and financial institutions such as BSI. With an agile, innovative, and sustainable spirit, BSI continues to forge cross-sector collaborations to strengthen Indonesia's position as a major player in the global sharia economy.
The halal ecosystem offers strategic solutions to current global challenges and serves as a new growth engine for Indonesia. Rosan made clear that the halal ecosystem is no longer an alternative but has become the mainstream path for economic growth.
"BSI International Expo 2025 is designed as a meeting platform for business operators, communities, regulators, and the public to build a comprehensive and sustainable halal ecosystem," Rosan explained.
Driving Sharia Market Penetration
President Director of PT Bank Syariah Indonesia Tbk (BSI), Anggoro Eko Cahyo, said the BSI International Expo serves as a platform for literacy and education to drive sharia market penetration, which remains relatively low with a market share of just eight per cent.
BSI International Expo 2025 showcases halal products with 330 tenants including gold booths, 50 hajj and umrah agents, food and beverage tenants, Muslim fashion brands, umrah travel, automotive, property, education, and others across 25 categories.
"Bank Syariah Indonesia, as the largest sharia bank under the Danantara Indonesia umbrella, is ready to serve as an aggregator for the growth of Indonesia's halal ecosystem," Anggoro said.
The Islamic ecosystem, Anggoro noted, has become a core business focus for the company. "The Islamic ecosystem, encompassing halal food and beverages, fashion, pharmaceuticals and cosmetics, as well as halal tourism, holds enormous business potential that can be harnessed for the benefit of the community," he explained.
Anggoro expressed appreciation for Danantara's support and synergy in helping BSI enhance the halal ecosystem. BSI is currently focused on offering unique sharia products such as gold and Islamic ecosystem services, particularly hajj and umrah. BSI is aligning with current public demand, where interest in gold-based products and hajj and umrah services remains high.
He affirmed BSI's position as a leader in the hajj and umrah ecosystem, with an average of 80 per cent of total hajj pilgrims registering through BSI each year. Indonesia's hajj pilgrims number approximately 221,000, whilst umrah pilgrims total around one million per year.
Sharia Banking Shows Positive Performance
Head of Banking Supervision at the Financial Services Authority (OJK) and OJK Board of Commissioners member, Dian Ediana Rae, said sharia banking continues to show positive performance amid a challenging year.
"Sharia banks do not only prioritise profit but also social value. To strengthen and support sharia economic growth, OJK has drawn up a roadmap for sharia financial institutions," he stated.
OJK is also focused on enhancing sharia banking capacity for national economic growth through literacy, MSMEs, and contributions to the halal ecosystem by developing healthy, efficient, and competitive sharia banks.
Sharia banking is expected to play a role in minimising the economic impact on communities. "The sharia economy grows based on the principle of rahmatan lil alamin whilst also contributing to social aspects," Dian said.
Referring to the National Long-Term Development Roadmap (RPJPN) for Sharia Economics and Finance 2025-2045, Rosan emphasised that the advancement of the sharia finance industry plays a strategic role in realising the Golden Indonesia 2045 vision.
"The current global landscape is filled with various challenges, from geopolitical uncertainty, climate change, to technological and economic disruption. In such circumstances, we are compelled to find new sources of growth that are inclusive, sustainable, and resilient," Rosan said whilst opening the BSI International Expo 2025, held from 26-29 June in Jakarta, on Friday, 27 June 2025.
Based on several scoring systems, Indonesia currently ranks third globally in the halal industry, despite more than 80 per cent of Indonesian consumers being aware of the importance of halal products.
According to Rosan, the domestic market is already well-prepared to support halal industry growth. However, challenges persist, ranging from low halal literacy among business operators to suboptimal harmonisation of halal certification between countries.
Therefore, strengthening the halal ecosystem cannot be done in a piecemeal fashion. Synergy is required between regulators, business operators, consumers, and financial institutions such as BSI. With an agile, innovative, and sustainable spirit, BSI continues to forge cross-sector collaborations to strengthen Indonesia's position as a major player in the global sharia economy.
The halal ecosystem offers strategic solutions to current global challenges and serves as a new growth engine for Indonesia. Rosan made clear that the halal ecosystem is no longer an alternative but has become the mainstream path for economic growth.
"BSI International Expo 2025 is designed as a meeting platform for business operators, communities, regulators, and the public to build a comprehensive and sustainable halal ecosystem," Rosan explained.
Driving Sharia Market Penetration
President Director of PT Bank Syariah Indonesia Tbk (BSI), Anggoro Eko Cahyo, said the BSI International Expo serves as a platform for literacy and education to drive sharia market penetration, which remains relatively low with a market share of just eight per cent.
BSI International Expo 2025 showcases halal products with 330 tenants including gold booths, 50 hajj and umrah agents, food and beverage tenants, Muslim fashion brands, umrah travel, automotive, property, education, and others across 25 categories.
"Bank Syariah Indonesia, as the largest sharia bank under the Danantara Indonesia umbrella, is ready to serve as an aggregator for the growth of Indonesia's halal ecosystem," Anggoro said.
The Islamic ecosystem, Anggoro noted, has become a core business focus for the company. "The Islamic ecosystem, encompassing halal food and beverages, fashion, pharmaceuticals and cosmetics, as well as halal tourism, holds enormous business potential that can be harnessed for the benefit of the community," he explained.
Anggoro expressed appreciation for Danantara's support and synergy in helping BSI enhance the halal ecosystem. BSI is currently focused on offering unique sharia products such as gold and Islamic ecosystem services, particularly hajj and umrah. BSI is aligning with current public demand, where interest in gold-based products and hajj and umrah services remains high.
He affirmed BSI's position as a leader in the hajj and umrah ecosystem, with an average of 80 per cent of total hajj pilgrims registering through BSI each year. Indonesia's hajj pilgrims number approximately 221,000, whilst umrah pilgrims total around one million per year.
Sharia Banking Shows Positive Performance
Head of Banking Supervision at the Financial Services Authority (OJK) and OJK Board of Commissioners member, Dian Ediana Rae, said sharia banking continues to show positive performance amid a challenging year.
"Sharia banks do not only prioritise profit but also social value. To strengthen and support sharia economic growth, OJK has drawn up a roadmap for sharia financial institutions," he stated.
OJK is also focused on enhancing sharia banking capacity for national economic growth through literacy, MSMEs, and contributions to the halal ecosystem by developing healthy, efficient, and competitive sharia banks.
Sharia banking is expected to play a role in minimising the economic impact on communities. "The sharia economy grows based on the principle of rahmatan lil alamin whilst also contributing to social aspects," Dian said.