Asian Journal of Economics and Business Management
Vol. 2 No. 2 (2023): Asian Journal of Economics and Business Management (AJEBM)

The impact of halal certification for MSME business: A systematic literature review




Article Info

Publish Date
21 May 2023

Abstract

Indonesia is the country that is home to the most significant number of Muslims anywhere in the globe. As a result, there is a considerable demand for halal food and other goods in Indonesia. As a result, halal certification is crucial for the success of Micro, Small, and Medium-sized Enterprises (MSMEs) in Indonesia to fulfill the requirements of an expanding market. Having a halal certification provides various benefits for micro, small, and medium-sized enterprises (MSMEs), including enhancing consumer confidence in the products and services supplied, growing the market due to the preference of many consumers for halal products, and strengthening corporate competitiveness in the global market. This study aims to investigate the effects of halal certification on small and medium-sized businesses. This research was put together utilizing the systematic literature review (SLR) method, and the access journals Google Scholar and Garuda were used in its construction. A total of over one hundred pieces were considered for usage and reviewed based on the criteria that had been established in advance. Twenty articles were found to satisfy the requirements. According to the findings of this research, halal certification is essential for bolstering micro, small, and medium-sized enterprises (MSMEs) to ensure the continuity of production or operation. According to the findings of this survey, buyers of MSME goods and services give more significant consideration to buying products that have received halal certification. It has also been demonstrated that halal certification can help micro, small, and medium-sized enterprises (MSMEs) increase their turnover or sales.

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Journal Info

Abbrev

ajebm

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

The Asian Journal of Economics and Business Management is an international peer-reviewed journal that publishes articles in the fields of Economics and ...