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UUS Maybank Indonesia supports the development of the halal industry

04 October 2022 15:41

JAKARTA - Indonesia is one of the countries that has tremendous potential in developing the sharia economy. This is of course inseparable from Indonesia's position as the country with the largest percentage of Muslim population in the world [1]. Seeing this high potential, the role and contribution of the Islamic economy in Indonesia can no longer be underestimated.

PT Bank Maybank Indonesia, Tbk. (Maybank Indonesia) through the Sharia Business Unit (UUS) has established strategic partnerships with local entrepreneurs as a manifestation of its commitment to support the government's efforts to encourage the development of the country's halal industry. This synergy of cooperation covers various real sectors, including food, cosmetics and fashion with a number of local brands that are already familiar.

Public awareness of the halal lifestyle that continues to increase, increasingly supports the trade of halal products in the country. UUS Maybank Indonesia seeks to participate in the development of this industry. Romy Buchari, Head of Shariah Banking, Maybank Indonesia said, “Today, the halal product industry does not only focus on food and beverages, but also covers other sectors, such as clothing, cosmetics, to tourism. Therefore, we synergize with a number of local entrepreneurs to intensify the production and procurement of these halal products. The development of the halal industry certainly requires a long process that is not easy and the participation of all parties, including the Islamic finance sector, to jointly develop the sharia industry and economy.”

UUS Maybank Indonesia has provided various sharia banking solutions to encourage the development of the financial sector, ranging from financing, savings, investment, to business transactions. Customers can choose the type of business financing, which includes the provision of working and business capital for the purchase of assets, such as machinery, kiosks, factories, office buildings, or other commercial properties - with financing limits provided ranging from 300 million to 50 billion for the SME+ segment. (LM)

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