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

Hartomi Maulana (), Moch. Kharits Taufani (), Mohamed Asmy Bin Mohd Thasker (), Soritua Ahmad Ramdani Harahap () and M. Ridlo Zarkasyi ()
Additional contact information
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

A chapter in Proceedings of the Conference on SDGs Transformation Through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023), 2023, pp 44-48 from Springer

Abstract: 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.

Keywords: halal industry; issues; qualitative; stakeholders (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-346-7_9

Ordering information: This item can be ordered from
http://www.springer.com/9789464633467

DOI: 10.2991/978-94-6463-346-7_9

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().