Along with the increase in the Muslim population in the world, we witness together that the halal industry has developed at an encouraging level. World Muslim expenditure in the halal sector is estimated to grow 7.8% or around 3 trillion in 2025. This was conveyed by the Coordinating Minister for Economic Affairs of the Republic of Indonesia, Airlangga Hartarto, at the LPPOM MUI Halal Award 2023 event on September 4, 2023.
“Indonesia, the country with the largest Muslim population, has become the highest consumer of halal products globally, with halal consumption of around 281.6 billion in 2025. We need to utilize this potential well by developing the halal industry in Indonesia. If MSMEs can utilize this opportunity, it will certainly contribute greatly to the national economy, with 87% of the majority of the Muslim population in Indonesia,” explained Airlangga.
The government continues to synergize and collaborate and carry out outreach so that the halal standards applied by the LPPOM MUI Halal Award winners can impact the welfare of the people and the national economy. Financing is crucial, and integrated sharia reached 140.47 trillion in the first semester of 2023, and halal certification for MSMEs reached 107 thousand in 2023.
He emphasized that the government continues to be committed to facilitating the growth of the halal industry, product development, halal services, and sharia financing. There is a collaboration between relevant ministries, institutions, regional governments, and the community. Of course, he hopes that the halal industry can grow with superior human resources and the sharia financial sector can develop.
“Congratulations and success to the business actors who have received the Halal Award for their dedication to implementing high standards so that they can have a domino effect to advance the halal industry, encourage innovation, and make a real contribution to meeting community needs,” said Airlangga. (*)