REPUBLIKA.CO.ID, JAKARTA -- The National Committee for Sharia Economics and Finance (KNEKS) prepared the Indonesian Sharia Economy Masterplan (MEKSI) 2025-2029, which is planned to be launched in October 2024.

“Indonesia already has a sharia economic masterplan that has expired (its validity period) for the period 2019-2024. Currently, a sharia economic masterplan 2025-2029 is being prepared, in which the Golden Indonesia vision and the sharia economic vision are aligned,” said KNEKS Director of Sharia Ecosystem Infrastructure Sutan Emir Hidayat in Jakarta, Friday (24/8/2024).

Furthermore, Sutan explained that MEKSI 2025-2029 is also aligned with the Final Draft National Long-Term Development Plan (RPJPN) 2025-2045. The substance of the sharia economy, halal industry, and sharia social finance has been explicitly stated in the RPJPN 2025-2045.

“The consequence is that in the next 20 years whoever leads the country cannot forget the sharia economy and can use the sharia economy technocratically in the RPJPN,” he said.

Sutan said that the previous MEKSI 2019-2024 was not integrated with national or regional development plans, so it often made it difficult for ministries and agencies to implement sharia economy into their programs.

With the inclusion of sharia economic substance into the development plan, Sutan said that later it would be easier to lower its execution to each ministry and agency. Ministries and agencies will also have no difficulty in creating programs or budgeting budgets related to sharia economy.

“The sharia economy is already in the RPJPN and the National Medium-Term Development Plan (RPJMN). So later each ministry/agency, when drawing up the Strategic Plan (Renstra) and the Government Work Plan (RKP), its derivation or cascading is easier,” he said.

Sutan also reminded that the sharia economy is already included in the Asta Cita mission carried out by President and Vice President-elect Prabowo Subianto-Gibran Rakabuming Raka.

One of these missions is to encourage Indonesia to become the center of the sharia economy through strengthening sharia financial institutions, expanding the ecosystem of sharia business, education and research, and optimizing the utilization of social funds (zakat, infak, alms, and waqaf) according to its purpose.

In addition, the upcoming administration is also committed to enhancing the role of waqf banks, strengthening state-owned enterprises, and national private companies that do business and have services in the sharia industry and tourism, to strengthen the ecosystem of the halal industry and provide the necessary incentives.

“So, God willing, the commitment if seen from here (Asta Cita's mission), the sharia economy will be strong,” Sutan said.

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