The Effect of Halal Lifestyle on Economic Growth in Indonesia

Novalini Jailani (Department of Islamic Economics, Faculty of Islamic Economics and Business, IAIN Pekalongan, Central Java)
Hendri Hermawan Adinugraha (Department of Islamic Economics, Faculty of Islamic Economics and Business, IAIN Pekalongan, Central Java)

Journal of Economics Research and Social Sciences
Vol 6, No 1: February 2022

The halal lifestyle has become a trend for the global community and Indonesia, which incidentally has a Muslim majority population. The total expenditure spent by the Indonesians on halal products in 2017 was USD 218.8 billion. It can be stated that halal product is such a good business, especially in Indonesia. For this reason, this study aims to determine whether the halal lifestyle, Islamic banking, halal tourism, and halal food sector could increase Indonesia's economic growth. Several sources, such as books, articles, journals, and journal papers, were used for this paper. This study found that the halal lifestyle in the sharia banking, halal tourism, and halal food sector positively affected Indonesia's economic growth.