Halal Studies and Society
Vol. 3 No. 1 (2026): January 2026

Developing the halal ecosystem in Indonesia through productive waqf: A development strategy from the Indonesian halal industry masterplan 2023-2029

Muhammad Faiz Andeaz Fawwaz (Study Program of Development Economics, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta, Jll. RS. Fatmawati Raya, Pondok Labu, Cilandak, South Jakarta 12450, Indonesia)
Ayu Tri Nursyarah (Doctoral Program in Biochemistry, Faculty of Mathematics and Natural Sciences, IPB University, Jl. Tanjung, Dramaga Campus IPB, Bogor, West Java, 16680, Indonesia)
Mursid Ash Shidiq (Magister Program in Agro Industrial Technology, Faculty of Engineering and Technology, IPB University, Jl. Babakan, Dramaga, Bogor, West Java 16680, Indonesia)
Dinda Tasya Putri Lubis (Magister Program in Economics, Faculty of Economics and Management, IPB University, Jl. Agatis, Campus IPB Dramaga, West Java, 16680, Indonesia)



Article Info

Publish Date
05 Jan 2026

Abstract

The Indonesian halal industry is faced with significant structural challenges despite the country’s status as the world’s largest Muslim population and the implementation of the Indonesian Halal Industry Masterplan (MPIHI) 2023-2029. The key challenges include logistical inefficiencies, high investment costs for segregated supply chains, limited access to capital for micro, small, and medium enterprises (MSMEs), and a talent crisis in human resources. Therefore, this study aimed to evaluate the role of productive waqf on improving the halal ecosystem in Indonesia, using a qualitative method with content analysis. The results showed that productive waqf acts as patient capital, offering long-term, low-cost financing and physical infrastructure that commercial banking cannot provide. A Waqf-Based Industrial Clustering model and a Waqf-Blended Finance strategy were proposed to achieve economies of scale and absorb initial business risks, respectively. Furthermore, the study suggests reforming the role of Nazhir as managers from passive asset holders into professional Supply Chain Integrators. By integrating waqf assets into the national halal ecosystem, Indonesia reduced production costs, ensured halal integrity, and accelerated its vision of becoming a global halal production center.

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Journal Info

Abbrev

hass

Publisher

Subject

Religion Agriculture, Biological Sciences & Forestry Biochemistry, Genetics & Molecular Biology Economics, Econometrics & Finance Social Sciences

Description

Halal Studies and Society (HaSS) is a journal of multidisciplinary and communication media as well as a means of ongoing discussion on relevant issues based on Halal specifications. In a global context, the halal issue is no longer limited to Muslims or certain religions. But, it has become a trend ...