Intra-trade of Indonesian Halal Food Products within ASEAN
REGIONAL SOCIAL AND CULTURAL STUDIES PROGRAMME & REGIONAL ECONOMIC STUDIES PROGRAMME
About the Hybrid Seminar
The seminar highlights the economic factors that can increase intra-industry trade of halal products within ASEAN. Trade in halal food products among ASEAN countries has been growing rapidly compared to the other regions worldwide. Focussing on Indonesia, the largest market for halal products in ASEAN after Malaysia, the seminar argues that the concentration of Indonesian halal food products available for trade has grown, relative to other ASEAN countries. However, while there has been an increase in industrial production, which further boosts the supply of halal food products, these are more utilized for domestic needs. This is demonstrated by a regression model with Panel Data. Regulation of halal food products has yet to make any significant impact on trade, but it has been recognised as hindering the trading of Indonesian halal products in the ASEAN market. To increase intra-halal food trade within ASEAN, several steps must be implemented: First, governments must link industrial production activities with halal food trade, both within ASEAN and outside the region. Second, they must expand market diversification for halal food products in certain countries/regions or products. Third, they must strengthen specialization of halal food products. Last, they must reduce regulations on halal food products internally and with other ASEAN countries to ensure regulations are harmonized, especially halal certification between ASEAN countries.
About the Speakers
Dr. Anggito Abimanyu currently serves as Chair of the Department of Economics and Business at the Vocational School (DEB SV) Gadjah Mada University (UGM). Previously, Anggito served as Head of the Indonesian Hajj Financial Management Agency (BPKH). Previously, Anggito served as Director General of Hajj and Umrah at the Ministry of Religion of the Republic of Indonesia. From 2000-2010, he served as Expert Staff and Head of the Fiscal Policy Agency (FPO) of the Ministry of Finance of the Republic of Indonesia.
Dr. Raeef Abdullah, a Yemen national, is a permanent lecturer in the Department of Economics and Business at the Vocational School of Gadjah Mada University (UGM). He received his PhD in Islamic Economy and Halal Industry from UGM. His interest is in Islamic Finance and economy, information technology, Fintech and digital bank, Accounting, AAOIFI Shariah Standards, and Fiqih Muamalat.
This is a hybrid event which will be held at ISEAS – Yusof Ishak Institute (ISEAS).
Attending the Event In-person at ISEAS
To join the event in-person at ISEAS, please register via the ISEAS mobile app, available on iOS and Android via the Apple or Play store. Search “ISEAS” to find or scan this QR code.
Seating capacity is limited. Do register early to avoid disappointment.
Attending the Event Virtually via Webinar
To join the event virtually at the specified date and time using your internet devices, please register here to receive your unique login link for the webinar via the zoom platform.
If you have questions for the speakers, please key in your questions via the Q&A, stating your name and affiliation. The moderator will field them to the speakers during the Q&A session.