BI governor accentuates importance of halal certification

BI governor accentuates importance of halal certification

Screenshot of Bank Indonesia (BI) Governor Perry Warjiyo at the opening ceremony of the 1st Indonesia International Halal Fair & 2nd Intercontinental in Jakarta on Monday (June 21, 2021). ANTARA/Kuntum Riswan

We have to think forward, and in the context of Indonesia, as one of the players in the world, we have to accelerate halal certification.
Jakarta (ANTARA) - Bank Indonesia (BI) Governor Perry Warjiyo underscored the significance of halal certification to bolster domestic- and international-level development of the halal economic chain.

"We have to think forward, and in the context of Indonesia, as one of the players in the world, we have to accelerate halal certification," Warjiyo stated at the opening ceremony of the 1st Indonesia International Halal Fair & 2nd Intercontinental here on Monday.

Warjiyo, concomitantly chairman of the Expert Council of the Islamic Economy Society (MES), deemed halal certification necessary to build a halal chain.

Warjiyo noted that non-Muslim countries had developed halal certification for various products, including food, fashion, and cosmetics, and they had penetrated the international market, including Indonesia.

"In future, the public, especially millennials, will choose products with halal certification even if they are imported," he stated.

In addition to halal certification, the halal economic chain should be developed through business integration among community-based small-scale unit and medium- and large-scale industries.

Furthermore, it is important to develop the halal product ecosystem encompassing food, fashion, tourism, cosmetics, and pharmaceutical products.

"I saw that food, especially processed items, and fashion would play a key role, as it has the smallest economic base, is produced by small-scale economies, has a long economic chain, and is a huge support to economic growth," he remarked.

Production and marketing are other key focus areas to develop the halal economic chain.

Warjiyo stated that production development will necessitate synergy of the National Committee on Islamic Economy and Finance (KNEKS) with the related ministries and institutions to support social finance.

"However, more important is marketing and how to promote a halal lifestyle through webinar, expo, and digital platform for product financing and marketing," Warjiyo remarked.

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