JAKARTA - The government has been asked to form a sharia economic body to strengthen the sharia economy and halal industry. Moreover, Indonesia's Islamic financial sector has also continued to improve internationally.
According to an observer of sharia economics from the SEBI College of Islamic Economics Azis Budi Setia wan, Indonesia's achievements in the Global Islamic Finance Report (GIFR) need to be strengthened by several technical ministries to develop the sharia economy. At the same time, the formation of a new body in the second government of Joko Widodo.
According to Azis, the government's plan to make a Sharia Financial and Economic Agency equal to the ministry is a positive thing. This agency should be given greater powers to promote Islamic economics and finance. "The role of the Ministry of BUMN must also be encouraged to participate more concretely, so that it can be optimal," said Azis when contacted by Republika, recently.
This institutional synergy can create an image of Indonesia as a model country for the Islamic financial ecosystem. Given that for 40 to 50 years, the development of Indonesia's Islamic economy at the global level has lagged behind. He pointed out that the audit standard account tation center is in Bahrain and the center for the halal domestic industry in Malaysia.
"Indonesia can advance and must be stronger by establishing a sharia economic center, halal products, building a halal industrial area. This can become a model for the world," said Azis.
In the future, the formation of this new agency can lead Indonesia to the number one Islamic financial ecosystem. Supported also by the existence of government policies that synergize between institutions, so as to provide stronger competitiveness and attract global investors who are concerned with the Islamic economy and can benefit Indonesia and the welfare of the people
Indonesia ranks first in the GIFR with a score of 81.93 on the 2019 Islamic Finance Country Index (IFCI). This achievement is said to be quite good, because last year Indonesia was ranked sixth with a score of 24.13.
A similar sentiment was conveyed by Afdhal Aliasar, Director of Sharia Economic Development and the Halal Industry of the National Committee for Islamic Finance (KNKS). Afdhal said the government is very aware that the Islamic financial sector must be integrated with the Islamic economy and the halal industry.
KNKS is carrying out integration across economic sectors. "It is hoped that there will be stronger and more focused government institutions to handle the development of the halal industry and the sharia economy," said Afdhal. (ed: fuji pratiwi)