Jakarta (ANTARA) - Vice President Ma'ruf Amin stated that establishment of the regional committee for sharia economy and finance (KDEKS) aims to boost the sharia economy in regions and make a significant impact on the regional economy.

At the inauguration of the West Sulawesi Provincial KDEKS in Mamuju, West Sulawesi, on Wednesday, VP Amin remarked that in the last five years, sharia or Islamic-based economy and finance had continued to grow amid the economic recovery period.

He noted that the sharia economy has become one of the new sources for economic growth.

"(It) increases productivity in the leading sectors of the halal value chain and Islamic finance as well as strengthens national economic resilience," Amin said, as monitored online from here.

According to the vice president, the sharia economy and finance in Indonesia will continue to advance due to institutional strengthening and increased synergy between the central government and regions through the establishment of KDEKS.

"Going forward, the sharia economy and finance are expected to continue to advance along with the obligation of halal certification, the implementation of several strategic roadmaps, and the integration with the long- and medium-term national development plans," VP Amin remarked.

Amin stated that this acceleration of sharia economy will be increasingly felt through the development of a comprehensive ecosystem and the integration of four focuses, namely the financial industry, halal industry, zakat and waqf almsgiving funds, and the sharia business and entrepreneur development.

The vice president explained that of the four focuses, the development of sharia entrepreneurs was the factor contributing the most to the development of the sharia economy.

Furthermore, he said that strengthening institutions and increasing synergy between the central and regional governments will be the driving force in the success of sharia economic and financial development.

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Translator: Benardy F, Kenzu
Editor: Azis Kurmala
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