The Existence of Halal Fashion Industry in escalating Economic Growth Through the Export Value of Indonesian Halal Products in the Era of Society 5.0

Authors

  • Nur Annisa Antasari State Islamic University
  • Raodatul Jannah Antasari State Islamic University
  • Fadela Huaida Putri Antasari State Islamic University

Keywords:

Fashion Industry, Economic Growth, Exports, Halal Products, Society 5.0 Era

Abstract

The halal fashion industry has become an integral part of the global economy, particularly in Indonesia, which has significant potential as a producer of products that meet halal standards. With the growing global awareness of the need for halal products, the halal fashion industry in Indonesia plays a strategic role in supporting the country's economic growth. This study aims to analyze the impact of the existence of the halal fashion industry on the escalation of economic growth through the increase in halal product export values, especially in the context of the economic paradigm shift towards Society 5.0. The initial hypothesis of this study is that the existence of the halal fashion industry is believed to be capable of escalating economic growth through the export value of Indonesian halal products in the Society 5.0 era. A qualitative descriptive method is used in the research, utilizing information and references from sources such as the State of the Global Islamic Economy (SGIE) report, Statistics Indonesia (BPS), Halal Ecosystem Reports, the Sharia Economic and Financial Report (LEKSI), Databoks website, the Ministry of Communication and Information Technology (Kemkominfo), the Ministry of Tourism and Creative Economy (Kemenparekraf), the Ministry of Trade (Kemendag), and several related studies and scientific works. Based on the research conducted, the existence of the halal fashion industry plays a crucial role in driving Indonesia's economic growth through increased export values of halal products in the Society 5.0 era.

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Published

2024-09-20