Issues & Challenges of Halal Industry Development in Indonesia: Stakeholder Perspectives
- DOI
- 10.2991/978-94-6463-346-7_9How to use a DOI?
- Keywords
- halal industry; issues; qualitative; stakeholders
- 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.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Hartomi Maulana AU - Moch. Kharits Taufani AU - Mohamed Asmy Bin Mohd Thasker AU - Soritua Ahmad Ramdani Harahap AU - M. Ridlo Zarkasyi PY - 2024 DA - 2024/01/11 TI - Issues & Challenges of Halal Industry Development in Indonesia: Stakeholder Perspectives BT - Proceedings of the Conference on SDGs Transformation through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023) PB - Atlantis Press SP - 44 EP - 48 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-346-7_9 DO - 10.2991/978-94-6463-346-7_9 ID - Maulana2024 ER -