East Java Encourages Integration of National Sharia Economic and Financial Data
News
[Surabaya, August 5, 2024] – The Coordination Meeting for the Identification and Integration of Sharia Economic and Financial Data was held by the East Java Provincial Government in Malang on Monday, August 5, 2024. This event is expected to strengthen synergy and encourage more inclusive and sustainable sharia economic growth, especially in East Java and the nation in general.
This event was attended by various related parties, including sharia financial institutions, halal industry players, and representatives from various government agencies. All parties hope that this coordination meeting can bring positive changes and significant progress to the sharia economy in East Java. The participants who attended were 100 people consisting of the Regency/City Economic Division throughout East Java, OPDs within the East Java Province that have Sharia Economic and Financial development programs, academics and practitioners.
During the activity, the participants gained valuable knowledge from a number of expert speakers. The material on the role of Bank Indonesia in strengthening the sharia economy and finance in East Java was delivered by Barik Bathaluddin, Deputy Director of Bank Indonesia East Java. Meanwhile, the Direction of National Development Policy and Strategic Program in the Sharia Economic Sector was delivered by Umar Aditiawarman, Directorate of Halal Product Industry KNEKS.
Indonesia’s score in the Sharia Finance sector (30%) and PRM (10%) is still quite far compared to other Muslim countries. However, there is a great opportunity for Indonesia to increase its contribution to halal product exports to OIC countries in the Food & Beverage, Pharmaceutical, Cosmetic and Fashion sectors.
Around 200 thousand tons of of meat and 300 thousand of cows/buffalo still depend on imports. The large number of slaughterhouses (TPH) spread throughout the community that do not meet halal, hygienic and sanitation (NKV) standards has resulted in the unfulfillment of the need for safe, healthy, whole and halal meat (ASUH).
“The lack of competent halal supervisors (1,244) specifically for RPH and the number of halal-certified Juleha (2,375) are still obstacles to the RPHR/U halal certification process,” added Umar.
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