Coordinating Minister for the Economy Airlangga Hartarto said the index of various Indonesian Islamic economic and financial activities had increased both domestically and globally, including the Islamic Finance Index in 2020. These increases included the halal food and beverage sector, fashion, recreational media, friendly tourism. Muslim, cosmetic and pharmaceutical. "The order of our Islamic Finance Index values in 2020 compared to 2019 is in second place, then halal food in fourth position, fashion in third position, recreational media in fifth position, Muslim friendly travel in sixth position, cosmetics and pharmaceuticals in sixth position, and Islamic finance. in the sixth position globally," Airlangga said in his press conference after attending the KNEKS Plenary Meeting at the Vice President's Palace, Jakarta, Tuesday (30/11).
In addition to the increase in the index, Islamic economics also has an important role in the recovery of the national economy. He said the total assets of Islamic banking were 4.41 percent, then third party funds were 4.89 percent and financing was 4.45 percent. "The Islamic economy has an important role where the sector contraction in 2020 is lower than the national economy. So the contraction is only -1.75 compared to -2.07 national," said Airlangga. Airlangga said in the plenary meeting chaired by Vice President KH Ma'ruf Amin, it was also agreed on the need for strengthening in several sectors of the Islamic economy and finance, namely starting to strengthen the halal value chain, strengthening MSMEs, strengthening fatwas/governance regulations, digital economy, human resource literacy and research and innovation.
"Then some things that need to be pushed are the supply and demand side, the number or portion of the sharia economy increases. Then also financial inclusion, acceleration of the sharia KUR program, micro endowments, digital finance, financial inclusion for students and Islamic boarding schools, as well as encouraging industrial ecosystems and industrial estates halal," Airlangga explained.
Sources: https://www.republika.co.id/berita/r3ds8f457/airlangga-ungkap-peningkatan-eksyar-indonesia
