Islamic Economics and Business Review (IESBIR)
Vol 2 No 1 (2023): IESBIR, April 2023

The Role of Halal Industry in Driving Bilateral Economic Diplomacy Between Indonesia and Turkiye

Hidayati, Ratnaningsih (Unknown)



Article Info

Publish Date
28 Apr 2023

Abstract

This article investigates how the halal industry can promote economic relations and trade diplomacy between Indonesia and Turkiye. Both countries recognize the benefits of the halal industry in expanding exports, attracting foreign investments, and showcasing their cultural and religious values. The purpose of this paper is to investigate how the halal industry can facilitate economic diplomacy between Indonesia and Turkiye. Study conducted through a qualitative approach by doing literature review on trade statistics, government policies, and business strategies to identify the opportunities and challenges for both countries in utilizing the halal industry. Additionally, it explores potential areas for cooperation in halal certification, halal tourism, and halal food processing. By prioritizing the halal industry through the halal powerhouse, Indonesia and Turkiye can strengthen their bilateral economic cooperation, diversify their exports, and enhance their soft power in the global arena.

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Journal Info

Abbrev

iesbir

Publisher

Subject

Religion Economics, Econometrics & Finance Social Sciences

Description

This journal encompasses research articles and conceptual papers in the areas: Islamic economics Islamic banking and finance Islamic microfinance Islamic philanthropy (zakat and waqf) Halal ...