Afdhal Aliasar, Indonesia’s Director of Islamic Economy and Halal Industry Development National Islamic Finance Committee, said, “We want to ensure that industrialisation and internationalisation of Indonesia’s Halal products can be achieved, especially for Halal products manufactured by SMEs.
DIEDC stated that significant increases in population, digital connectivity and ethical consumerism have contributed to a 5.3 per cent year-on-year growth of the global Islamic economy—a $2.2 trillion industry that serves 1.8 billion Muslims worldwide.
The agreements seek to strengthen the ability of the three entities to capitalise on the rising demand and engage with potential stakeholders in key markets.
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