Accelerating Sharia Economic Development through Msmes based on Halal Certification

Abstract

Purpose — Indonesia is the country with the largest Muslim population, accounting for 238.09 million people or 86.93% in 2021, with this number the need for halal products is increasing from year to year. With the large Muslim population, the halal industry is currently Indonesia's focus, which has the potential to have a positive impact on Indonesia, including in terms of consumption and investment in accordance with Islamic religious law. Halal certification for MSME products is considered important because the product's halal logo plays a very important role. for branding and business development worldwide.

Method — The research method used is a qualitative descriptive research method through a literature review of secondary data, there are 4 case studies analyzed.

Result — Sharia economic development can be carried out through halal certification by MSME players, especially for food and beverage products. MSMEs or Micro, Small and Medium Enterprises are a business sector that can grow and remain consistent in the national economy. Analysis of case studies from each research produces the value of the advantages of MSME food products with halal certification and the value of deficiencies of MSME food products without halal certification, as well as the role of sharia economics on Gross Domestic Product (GDP).

Novelty — This research shows the importance of developing sharia economics through halal certification for MSMEs which helps economic growth in Indonesia.