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View all search resultsAs the traditional single hub model of the Islamic economy fractures, a new model of interconnected regional nodes is rising in its place. Indonesia stands at a critical crossroads: Will it remain a passive consumer market, or will it seize the moment to become a primary architect of this new global network?
A study on current halal standards shows an increasing awareness in countries and organizations globally about establishing their own halal standards. However, this trend is of a grave concern for halal industry players, especially practitioners, stakeholders, sharia advisors in general and Muslim customers in particular.
Almost five years have passed since the issuance of Indonesia’s Halal Product Assurance (HPA) Law in October 2014. Recently, President Joko “Jokowi” Widodo signed the Government Regulation for the implementation of HPA Law. Article 4 in HPA Law states that all products that enter, are circulated, and are traded Indonesia must be halal-certified. The question is: is Indonesia ready for this halal obligation?
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