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Development of Halal Industry as Halal Economic Source: Role of Syariah Compliance Commission
Date Issued
2023-03-17
Author(s)
Nurul Rahwani Faqihah Binti Mohd Noorazli
Abstract
The development of the halal industry has had a significant impact on the growth of the halal economy in Malaysia. Along with the speed of the economy, products and services that are halal and sharia-compliant are getting more and more attention and demand at the global level, making Malaysia the leading producer of syariah-compliant products. The rapid development of the halal industry shows its role in increasing the country's halal income source and making Malaysia a competitive country ready to meet the needs of the local and global market. Adherence to Islam is essential in guaranteeing the blessing of a muamalat and transaction. It is also a necessity for humans to manage financial affairs in daily life. A Syariah-compliant system is considered to be able to take care of people's economic well-being prudently. Therefore, the Maqasid Syariah can be applied through a Syariah-compliant system in daily life, as has been emphasized in the Islamic religion. Therefore, this article will discuss and present the need for the human will to obey the concept of syariah compliance for the benefit of their lives. This article will also examine the recommendations for the establishment of a Syariah Compliance Commission by the Prime Minister of Malaysia and describe its function and role in increasing the halal economic resources in Malaysia in addition to discussing the efforts taken by government agencies that are indirectly involved in the development of the halal industry. This study uses a qualitative study method with a content analysis method of documents and articles related to this field. The results of the study found the importance of Syariah compliance in our daily lives, which impacts the halal industry development in Malaysia
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Development of Halal Industry as Halal Economic Source Role of Syariah Compliance Commission.pdf
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