Indonesia Requires Aggressive Strategies to Boost Islamic Economic and Financial Development: Vice President

Indonesia Requires Aggressive Strategies to Boost Islamic Economic and Financial Development: Vice President

https://islamicmarkets.com/articles/indonesia-requires-aggressive-strategies-to-boost-islamic-economic-and-financial
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Indonesia will need to apply aggressive strategies to boost Islamic-based economic and financial development, according to Ma’ruf Amin, Indonesian Vice President, who was speaking at a Sharia Economy and Finance National Committee (KNEKS) meeting on the 26th of April 2021.

Why it Matters?

The Indonesian Government is hoping to make the country the largest producer of Halal products by 2024. The largest challenge for Indonesia to grow is improving data collection on domestic Halal products, which entails the completion of codification and recording of Halal product exports in order for the country to be recognized as the largest exporter of Halal products.

Details

A lack of a proper data collection system for Halal products is...