Fostering a Unified Halal Economy: Interconnecting Halal Business Sectors With Islamic Banking And Islamic Social Finance Across Indonesia, Malaysia, &Thailand
In this era of globalization, the challenge to develop sustainable economies is increasingly pressing. The emergence of the concept of Halal Economy presents an intriguing alternative, especially for countries with Muslim-majority populations such as Indonesia, Malaysia, and Thailand. This concept not only encompasses economic aspects but also reflects the rich religious and cultural values inherent in Islam.
This paper aims to provide an in-depth analysis of the importance of integrating halal business sectors with Islamic banking and social finance systems in these three countries. Entitled “Fostering a Unified Halal Economy: Interconnecting Halal Business Sectors with Islamic Banking and Islamic Social Finance across Indonesia, Malaysia, and Thailand”, we invite readers to understand the concept of the Halal Economy comprehensively and holistically.
The fundamental concepts of Islamic Economics and the Halal System serve as the primary foundation of this paper. From here, we will discuss how the application of these values can drive sustainable and inclusive economic growth. This involves not only economic aspects but also social, cultural, and religious aspects that are integral to the lives of Muslim communities in these regions.
By delving deeper into how the Halal Economy can act as a catalyst for building a more just economic development, we hope this paper can make a meaningful contribution to readers, especially those interested in developing economic models based on Islamic values.
