Speaking in Jakarta, Thursday, Riza highlighted that global Muslim spending across six key Islamic economic sectors reached US$2.6 trillion in 2024 and is projected to increase to US$3.56 trillion by 2029.
This growth opens up a major avenue for Indonesia to strengthen its position in the global halal value chain, he added.
He noted that Indonesia possesses substantial capital to develop its halal sector, with the country’s Muslim population expected to reach 248.6 million by 2025, or approximately 87.13 percent of the total population.
Meanwhile, total national household consumption has reached Rp12,834 trillion (approximately US$721.01 billion), with potential spending by Muslim consumers estimated at Rp11,182 trillion (US$628.20 billion).
“The large demand for halal products presents a strategic opportunity to increase domestic production capacity, strengthen the supply chain, increase the use of local components, and encourage innovation in competitive halal products,” Riza said.
He further explained that developing the halal industry is a crucial step toward optimizing import substitution while expanding Indonesia’s footprint in the global halal supply chain.
To prepare for the mandatory halal certification rule taking effect this coming October, the Industry Ministry has continued its efforts to ready small-scale industries through mentoring, facilitation, and outreach programs.
In general, according to Riza, large-scale industries are not expected to face significant obstacles in fulfilling their halal certification obligations.
However, challenges persist for some small industries that require further government assistance in navigating the certification process.
“For small industries, we have encouraged, assisted, facilitated, and provided outreach,” Riza said.
Moving forward, the Industry Ministry plans to speed up small businesses that are ready for compliance, while actively coordinating with the Halal Product Guarantee Agency (BPJPH) to smooth out logistical and bureaucratic bottlenecks for struggling entrepreneurs.
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Translator: Ahmad Muzdaffar Fauzan, Yashinta Difa
Editor: Azis Kurmala
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