Holding The Indonesian Sharia Economic Festival, Bank Indonesia Encourages Inclusive And Sustainable Economy

JAKARTA - Bank Indonesia (BI) is again holding the 11th Indonesia Sharia Economic Festival (ISEF) in 2024, with the theme Synergy of Sharia Economy and Finance in Holding Resilience and Sustainable Economic Growth.

Bank Indonesia Governor Perry Warjiyo conveyed this theme reflecting how strong the synergy is to jointly realize Indonesia's Islamic financial economy as a new basis model for an economy that is inclusive, resilient and sustainable in the midst of global economic challenges, in the future making Indonesia one of the global players.

According to Perry, there are three important things in ISEF, namely first, the achievement of ISEF for 11 years, second, the novelty in the 11th ISEF in 2024, third, new initiatives that will be launched today.

"The ISEF this year is entering its 11th year. Thank God, for 11 years the ISEF has made Indonesia's largest financial economy, after being integrated and becoming the pride of all of us," he said at the opening of the 2024 ISEF, at the JCC, Jakarta, Wednesday, October 30.

According to Perry, this brings Indonesia closer to achieving the vision to become one of the leading halal players in the world.

There are several strategic achievements, among others, the formation of an integrated Islamic financial economic ecosystem from upstream to downstream, between units and also vertically. Then institutional strengthening and regulatory support in sharia economic development, both at the national and regional levels. As well as strengthening leadership in various forums and international activities.

"Through all of our synergies, for 11 years the ISEF has strengthened our joint commitment to further advance the Islamic financial economy in Indonesia," he said.

Perry conveyed the strengthening of the halal product ecosystem through the acceleration of the halal end to end product system based on IoT, the expansion of access to business activities for Islamic boarding schools to expand exports and strengthen the branding modest fashion indo to global and also accelerate halal certification.

"Strengthening Islamic finance through the use of Islamic financial instruments as well as social finance for zakat infaq and alms to build people's welfare, strengthen halal lifestyle literacy," he said.