Indonesian Government to Boost Halal Product Exports to OIC Members: Finance Minister

The Government of Indonesia is hoping to boost exports of Halal products to members of the Organization of Islamic Cooperation (OIC), according to Finance Minister Sri Mulyani Indrawati.

Speaking at the Shariah Economy and Finance Research Forum (FREKS) of the Association of Indonesian Islamic Economy Experts held recently, Indrawati revealed that Indonesia can boost Halal product exports by taking advantage of its position as being a member of the OIC. According to local media reports, Indonesia’s Halal exports to OIC countries stood at USD 45 billion in 2018, making up 12.5% of the country’s total trade.

Furthermore, Indrawati noted that the country can also penetrate...