Development Model of Halal Fashion Industry In Indonesia

Annisa Ilmi Faried Lubis, Rahmat Sembiring, Lia Nazliana Nasution;

Abstract

The development of the financial industry continues to experience an increase, which is marked by the development of the halal industry, one of which is the halal fashion industry, according to the Global Islamic Economy Report 2017/2018 with the largest Muslim population in the world. Indonesia is still inferior to neighboring countries such as Malaysia who have started to develop the halal fashion industry first. Therefore a halal fashion development model is needed in order to compete with the country and remain on the path of halalness. This study aims to answer the problem formulation, namely: how the potential of the halal fashion industry in Indonesia and how to develop the halal fashion industry in Indonesia. The data of this study are collected from the literatures and the results of previous studies and then analyzed by descriptive analysis method. From the results of research conducted at several sources, researchers found some potential in Indonesia for the development of halal fashion industry, they are: First, the need for Halal Products (goods and services). Second, the diversity of Halal Products. Third, the completeness of Legal Framework. Fourth, many business actors in the Halal Product Market. Fifth, Export Needs of Halal Products.