Bappenas: The Future of Global Economy Shored by Sharia Economics

INDUSTRY.co.id - Jakarta - Indonesia has enormous potential to develop sharia economy as new economic flows that could potentially drive global economic growth.

The economic potential of sharia, or often called halal economy, can be seen from the growing world population of Muslims estimated to reach 27.5 percent of the total world population by 2030.

"The government must carefully and closely monitor the high demand commodities, one of which is halal products and services which according to the data of Halal Industry Development Corporation in 2016, is estimated to reach USD 2.3 trillion," said the Minister of PPN / Head of Bappenas and Executive Chairman General of the Association of Indonesian Economics Bachelor (ISEI), Chairman of the Association of Islamic Economic Experts (IAEI), as well as Secretary of the Steering Committee of National Committee for Islamic Finance (KNKS) Bambang Brodjonegoro in Jakarta, Wednesday (25/07/2018).

According to him, halal products and services cover several sectors, including food, ingredients and addictive substances, cosmetics, pet food, medicines and vaccines, sharia finance, pharmacy, and logistics.

What Bambang disclosed was recorded in the Ministry of PPN / Bappenas in cooperation with the Indonesian Institute of Economics (ISEI), the Indonesian Institute of Islamic Economics (IAEI), and the National Committee for Islamic Finance (KNKS), organized the HIigh Level Discussion "Indonesia: The Center of Islamic Economics of the World" at Bappenas.