Economic Growth and The Stability of The Halal Industry in The Context of Halal Tourism in Southeast Asia
DOI:
https://doi.org/10.30983/iciefs.v3i1.905Keywords:
Halal Industry, Halal Tourism, Economic Growth, Stability, Southeast AsiaAbstract
This article examines the intricate relationship between economic growth and the stability of the halal industry, with particular emphasis on Islamic tourism in Southeast Asia. Focusing on key nations such as Malaysia, Indonesia, and Thailand, the study explores how halal tourism has emerged as a powerful catalyst for economic expansion. Employing a qualitative approach grounded in a comprehensive literature review, the paper investigates the driving forces, prevailing challenges, and pertinent policy implications. Findings reveal that halal certification, strategic investment in Muslim-friendly infrastructure, and integrated marketing strategies are pivotal in fostering a resilient and sustainable Islamic tourism ecosystem contributing significantly to regional Gross Domestic Product (GDP).
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