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Islamic Finance and Halal Industry: Building a Sustainable Shariah Ecosystem

Islamic Finance and Halal Industry: Building a Sustainable Shariah Ecosystem
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Author(s): Muhamad Yusup (State Islamic University Mataram, Indonesia)and Nor Surilawana Sulaiman (Universiti Islam Sultan Sharif Ali, Brunei)
Copyright: 2025
Pages: 20
Source title: Implementing Halal Principles and Regulations in Business Governance
Source Author(s)/Editor(s): Mohammad Nabil Almunawar (Universiti Brunei Darussalam, Brunei), Achmad Ubaedillah (Universitas Islam Negeri Syarif Hidayatullah Jakarta, Indonesia), Euis Amalia (Universitas Islam Negeri Syarif Hidayatullah Jakarta, Indonesia)and Anis Malik Thoha (Universiti Sultan Sharif Ali, Brunei)
DOI: 10.4018/979-8-3373-3917-7.ch003

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Abstract

This paper examines how Islamic finance and the halal industry work together to create a sustainable Shariah ecosystem. It explains how the principles of Shariah-compliant finance support the goals of the halal industry in promoting ethical and responsible economic practices. By analyzing case studies from Southeast Asia, the paper highlights how Islamic finance helps drive sustainable economic growth, financial inclusion, and environmental protection within the halal industry. It also addresses the challenges and opportunities in integrating these sectors and suggests strategies for long-term sustainability through innovative financial tools, regulatory changes, and collaboration among stakeholders. The paper concludes that a well-integrated Shariah ecosystem, combining Islamic finance and the halal industry, can greatly support global sustainable development goals while upholding ethical standards.

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