Government Strengthens Sharia Economy and Finance

By : Nata Kesuma | Thursday, April 15 2021 - 13:45 IWST

Minister of Finance Sri Mulyani
Minister of Finance Sri Mulyani

INDUSTRY.co.id - The government is very committed to supporting, facilitating and strengthening the economy and sharia finance in Indonesia.

This is in line with the 2019-2024 sharia economic and finance master plan, which is to create an independent, prosperous and civilized Indonesia by becoming the leading Islamic economic center in the world.

The government has formulated a strategy so that Islamic economic growth and  finance support national economic growth and recovery.

"The halal industry is a very important form of business in the COVID-19 pandemic. This is because the halal industry, especially food and beverages, pharmaceuticals and cosmetics is the backbone that still has high activity in the Covid situation," said Minister of Finance Sri Mulyani Indrawati in the Economic Challenges Ramadhan Special, Metro TV, Tuesday (13/04).

Furthermore, the Minister of Finance stated that the development of infrastructure and clusters of the halal industry is an important contributor to increase the halal industry. Currently, the Government has opened two piloting halal industrial areas, namely Modern Cikande Industrial Estate in Serang and Safe n Lock Halal Industrial Park in Sidoarjo.

The two industrial areas will produce halal goods not only for domestic needs but also for export.

"The export demand for halal goods such as food and beverages is very large. Therefore we need to support industrial development steps with a good halal product assurance system, as well as governance of the export of halal products," explained the Minister.

In addition to the halal industry, the Government also provides sharia economic and financial support through assistance in placing funds in Islamic banks and various other fiscal instruments.

With the Islamic economy and finance that continues to grow amid the pandemic, it can make a major contribution to the national economy. (dj/ip/hpy)

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