IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-346-7_9.html

Issues & Challenges of Halal Industry Development in Indonesia: Stakeholder Perspectives

In: Proceedings of the Conference on SDGs Transformation Through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023)

Author

Listed:
  • Hartomi Maulana

    (Universitas Darussalam Gontor, Department of Management, Research Fellow, Centre for Islamic Economics Studies (CIES), Faculty of Economics and Management)

  • Moch. Kharits Taufani

    (Universitas Darussalam Gontor, Islamic Economics Law, Postgraduate Program)

  • Mohamed Asmy Bin Mohd Thasker

    (International Islamic University Malaysia (IIUM), Department of Economics, Kulliyah of Economic and Management Science)

  • Soritua Ahmad Ramdani Harahap

    (Universitas Darussalam Gontor, Department of Management, Research Fellow, Centre for Islamic Economics Studie (CIES), Faculty of Economics and Management)

  • M. Ridlo Zarkasyi

    (Universitas Darussalam Gontor, Department of Management, Faculty of Economics and Management)

Abstract

The halal industry includes several sectors in its development, including Islamic finance, halal food, tourism, pharmaceuticals, media, and cosmetics. All of these industries must be properly integrated to function at their best. Although the halal concept has become a halal lifestyle for most Indonesians, the halal industry market is still not developed optimally in Indonesia. Thomson Reuters and Dinar Standards reported that Indonesia is only in the top 10 in the four halal industry sector indicators, including halal fashion (3rd), pharmaceuticals and cosmetics (9th), Islamic finance (6th) and halal food (2nd). In contrast, Indonesia is not in the top ten for the halal media and recreation sector. This paper will highlight the issues and challenges faced by the halal industry from the stakeholder perspectives; business practitioner, academician, regulator and consumer. The method used in this analysis is a qualitative approach and semi-structured interviews are used as data collection techniques. The interviews were conducted with 10 respondents consisting of academics, practitioners and regulators. The study is expected to outline the problems and challenges from a stakeholder perspective to help business practitioners and other parties involved in the halal industry realize the current issues.

Suggested Citation

  • Hartomi Maulana & Moch. Kharits Taufani & Mohamed Asmy Bin Mohd Thasker & Soritua Ahmad Ramdani Harahap & M. Ridlo Zarkasyi, 2023. "Issues & Challenges of Halal Industry Development in Indonesia: Stakeholder Perspectives," Advances in Economics, Business and Management Research, in: Imam Abrori & Indrian Supheni & Muhammad Mudhofar & Wahyuning Murniati & Nico Irawan & Arfan Ikhsan (ed.), Proceedings of the Conference on SDGs Transformation Through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023), pages 44-48, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-346-7_9
    DOI: 10.2991/978-94-6463-346-7_9
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6463-346-7_9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.