Indonesia's Potential to Achieve Self-Sufficiency in Halal Products and Play a Significant Role in the Global Halal Industry During the opening of the 2017 Sharia Economic Festival in Surabaya, Bank Indonesia Governor Agus DW Martowardoyo highlighted Indonesia's current position as the world's fourth-largest importer of halal food products, particularly in Jakarta. This status signifies Indonesia's role as a major market for private products, halal pharmaceuticals, cosmetics, and global Sharia fashion. Yuke Yurike, a member of the Jakarta Regional People's Representative Council (DPRD) and Treasurer General of the Indonesian Young Entrepreneurs Association (HIPMI) Jaya, emphasized the risk posed by Indonesia's reliance on imported halal products, as it widens the current account deficit and weakens the balance of payments.

Yuke further underscored Indonesia's aspiration to not merely serve as a market for halal goods but to actively participate in the global halal industry. Despite being the world's largest halal market, valued at nearly IDR 300 trillion in 2015, Indonesia is predominantly supplied by non-Muslim countries. Yuke urged Indonesia, especially Jakarta, to capitalize on its vast potential in the halal sector, emphasizing the importance of producing halal and "thoyib" (clean and wholesome) goods, such as halal meat and export-quality products. Yuke pointed out the advancements made by other countries in the halal industry, such as Thailand's certified halal food production, Australia's halal meat exports, China's Muslim-friendly fashion exports to the Middle East, and Korea and Japan's production of halal cosmetics. These products flood the Indonesian market, highlighting the need for Indonesia to transition from being solely a consumer to an active player in the global halal market. Yuke emphasized the importance of aligning with consumer demands for halal and "thoyib" goods, including food, clothing, and halal tourism. While Indonesia boasts a predominantly Muslim population, it still relies heavily on imports for halal products, demonstrating the potential for domestic production and exportation. Yuke urged Indonesia to emulate countries like Arab states, where halal products are not only halal but also "thoyib," meeting stringent cleanliness and quality standards.

Source: https://dprd-dkijakartaprov.go.id/industri-halal-bidik-pasar-300-triliun-rupiah/