POTENTIAL AND STRATEGY OF SHARIA MARKET IN INCREASING NATIONAL ECONOMIC ACTIVITIES IN INDONESIA
Abstract
The sharia market has great potential in increasing Indonesia's national economic activities. With the application of sharia principles that focus on justice, transparency, and sustainability, sharia markets can be an effective alternative to encourage inclusive economic growth. This research aims to analyze the potential of the sharia market in Indonesia, as well as strategies that can be applied to optimize its contribution to the national economy. The method used is descriptive analysis and literature study related to the sharia market, economy, and Indonesian government policies. The results of the study show that the sharia market in Indonesia has potential that has not been fully utilized. There needs to be a synergy between regulations, Islamic financial institutions, and education to the public to encourage its growth. This research is expected to provide insights for policymakers and economic practitioners in designing effective strategies to develop the sharia market in Indonesia.
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DOI: https://doi.org/10.3059/insis.v0i0.23469
DOI (PDF): https://doi.org/10.3059/insis.v0i0.23469.g12895
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