JAKARTA, KOMPAS.com – The National Committee for Sharia Economy and Finance (KNEKS) in Indonesia has projected that sharia-compliant financial technology (fintech) could become the key in the national sharia economic development plan.
Putu Rahwidhiyasa, Business and Sharia Entrepreneurship director at KNEKS, said that sharia-compliant fintech has two significant roles in the halal industry ecosystem.
“The main role of the sharia-compliant fintech is to help business players, especially MSMEs [micro small medium enterprises] to get funding,” Putu said in a virtual discussion on Wednesday, December 16.
“Secondly, we need to support startup companies that can strengthen the halal industry chain,” he added.
Putu further said that the two roles were in line with the directives from Vice President Ma’ruf Amin to establish a technology-based sharia economy that could create financial inclusion.
Therefore, KNEKS would make various efforts to realize the vision by supporting the Financial Services Authority (OJK) to create a trusted fintech ecosystem, he said.
KNEKS also encouraged sharia-compliant businesses to accelerate service institutions, he added.
KNEKS would also play its role as a bridge to connect all stakeholders in the halal industry.
By establishing good communication, Putu believes that the halal industry players can exchange ideas to develop the industry.
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