Opportunities and challenges halal marketplace in Indonesia

The development of information technology encourages the emergence of various online transaction activities, one of which is online trading transactions through the marketplace. Currently, Indonesia has the largest Muslim population, which is 87% of the total population who also takes part in buying...

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Main Authors: Wahyu Setyorini, Ana Raudlatul Jannah, Uci Wulansari, Mir'atun Nisa
Format: Article
Language:English
Published: Universitas Airlangga 2021-12-01
Series:Journal of Halal Product and Research
Subjects:
Online Access:https://e-journal.unair.ac.id/JHPR/article/view/32282
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author Wahyu Setyorini
Ana Raudlatul Jannah
Uci Wulansari
Mir'atun Nisa
author_facet Wahyu Setyorini
Ana Raudlatul Jannah
Uci Wulansari
Mir'atun Nisa
author_sort Wahyu Setyorini
collection DOAJ
description The development of information technology encourages the emergence of various online transaction activities, one of which is online trading transactions through the marketplace. Currently, Indonesia has the largest Muslim population, which is 87% of the total population who also takes part in buying and selling activities and online transactions. Muslim awareness and interest in halal products is increasing, but there is a need of understanding regarding transactions according to Sharia. The purpose of this study: to analyse the potential and challenges of the halal marketplace in Indonesia using a literature study research method. The results of this study indicate that in Indonesia the halal marketplace has a large market potential and is an innovation in the development of the existing marketplace. Besides this potential, the halal marketplace also has challenges in its development, including the low level of Islamic economic literacy among the public, low inclusion of Islamic finance, and the lack of utilization of the halal marketplace platform by halal MSMEs. It is hoped that these potentials and challenges can become views in determining and developing policies.
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publishDate 2021-12-01
publisher Universitas Airlangga
record_format Article
series Journal of Halal Product and Research
spelling doaj-art-0466c8ce772e4a8db00a3e10f7562c0c2025-08-20T01:58:23ZengUniversitas AirlanggaJournal of Halal Product and Research2654-94092654-97782021-12-0142909710.20473/jhpr.vol.4-issue.2.90-9726468Opportunities and challenges halal marketplace in IndonesiaWahyu Setyorini0Ana Raudlatul Jannah1Uci Wulansari2Mir'atun Nisa3Program Studi Ekonomi Pembangunan Fakultas Ekonomi dan Bisnis, Universitas Airlangga, Surabaya, IndonesiaProgram Studi Ekonomi Pembangunan Fakultas Ekonomi dan Bisnis, Universitas Airlangga, Surabaya, IndonesiaProgram Studi Ekonomi Pembangunan Fakultas Ekonomi dan Bisnis, Universitas Airlangga, Surabaya, IndonesiaProgram Studi Ekonomi Pembangunan Fakultas Ekonomi dan Bisnis, Universitas Airlangga, Surabaya, IndonesiaThe development of information technology encourages the emergence of various online transaction activities, one of which is online trading transactions through the marketplace. Currently, Indonesia has the largest Muslim population, which is 87% of the total population who also takes part in buying and selling activities and online transactions. Muslim awareness and interest in halal products is increasing, but there is a need of understanding regarding transactions according to Sharia. The purpose of this study: to analyse the potential and challenges of the halal marketplace in Indonesia using a literature study research method. The results of this study indicate that in Indonesia the halal marketplace has a large market potential and is an innovation in the development of the existing marketplace. Besides this potential, the halal marketplace also has challenges in its development, including the low level of Islamic economic literacy among the public, low inclusion of Islamic finance, and the lack of utilization of the halal marketplace platform by halal MSMEs. It is hoped that these potentials and challenges can become views in determining and developing policies.https://e-journal.unair.ac.id/JHPR/article/view/32282halalmarketplaceand digital economy
spellingShingle Wahyu Setyorini
Ana Raudlatul Jannah
Uci Wulansari
Mir'atun Nisa
Opportunities and challenges halal marketplace in Indonesia
Journal of Halal Product and Research
halal
marketplace
and digital economy
title Opportunities and challenges halal marketplace in Indonesia
title_full Opportunities and challenges halal marketplace in Indonesia
title_fullStr Opportunities and challenges halal marketplace in Indonesia
title_full_unstemmed Opportunities and challenges halal marketplace in Indonesia
title_short Opportunities and challenges halal marketplace in Indonesia
title_sort opportunities and challenges halal marketplace in indonesia
topic halal
marketplace
and digital economy
url https://e-journal.unair.ac.id/JHPR/article/view/32282
work_keys_str_mv AT wahyusetyorini opportunitiesandchallengeshalalmarketplaceinindonesia
AT anaraudlatuljannah opportunitiesandchallengeshalalmarketplaceinindonesia
AT uciwulansari opportunitiesandchallengeshalalmarketplaceinindonesia
AT miratunnisa opportunitiesandchallengeshalalmarketplaceinindonesia