Ahsani Taqwiem, Farida Diyan Pertiwi 2
DOI : 10.36418/jrssem.v1i1.5 https://jrssem.publikasiindonesia.id/index.php/jrssem/index
INTRODUCTION
Islamic Economics is an important part
of today's global economy. Seven sectors
of the Islamic economy have increased
significantly, namely culinary, Islamic
finance, the insurance industry, fashion,
cosmetics, pharmaceuticals, entertainment,
and tourism (Faraby, 2021). Where the
whole sector carries the concept of halal in
every product. (Reuters, 2014) stated that
several things are driving the growth of the
global Muslim market, namely the
demographics of a young and large Muslim
market, the rapid economic growth of
major Muslim countries, Islamic values that
encourage business growth and Islamic
lifestyles, the growth of trade transactions
between countries. States of the
Organization of the Islamic Conference
(OIC), participation of multinational
companies, technology, and connectivity
between countries.
In the past, halal products were only
imagined as food, beverage, drug, and
cosmetic products that did not contain
alcohol or chemicals containing elements
of pork, blood, and carrion (Yustati et al.,
2018). However, now there has been an
evolution in the halal industry from
financial products (such as banking,
insurance, etc.) to products lifestyle (travel,
hospitality, recreation, and health care). The
Islamic economic sector that has
experienced significant growth in products
lifestyle in the tourism sector is sharia
tourism (Faisal & SH, 2018).
CrescentRating in (Sofyan, 2012) states
as smokeless industry and continues to
experience extraordinary developments
from conventional ones (mass,
entertainment, and just sightseeing)
towards lifestyle fulfillment (lifestyle). The
trend of sharia tourism as one of the
fulfillment of today's lifestyle has become a
world power that is starting to grow rapidly.
In several countries in the world, the
term sharia tourism uses several quite
diverse names including Islamic Tourism,
Halal Friendly Tourism Destinations, Halal
Travel, Muslim-Friendly Travel Destinations,
halal lifestyle, and others (Fitriani, 2018).
Sharia tourism is seen as a new way to
develop Indonesian tourism that upholds
Islamic culture and values (Jaelani, 2017).
The potential of the world Muslim
market is indeed very tempting for tourism
businesses. Based on data (Reuters, 2014)
taken from 55 countries in the Global
Islamic Economy Report 2014 – 2015, the
total expenditure of the world's Muslims in
2013 in the halal food and beverage sector
reached US$1,292 billion or 10.8 percent of
expenditure on food and drink needs. The
world's population will reach US$2,537
billion or 21.2 percent of global food and
beverage needs in 2019.
In the travel sector, in 2013 the world's
Muslims spent around US$140 billion on
travel or about 7.7 percent of global
competition. It is estimated that this
amount will increase to US$238 billion or
11.6 percent of global travel sector
expenditure in 2019 (excluding Hajj and
Umrah travel). In the media and leisure
sector, the world's Muslims spent around
US$185 billion or 7.3 percent of global
contests in 2013 and is estimated to reach
US$301 billion in 2019 or about 5.2 percent
of global contests (Reuters, 2014).
Table 1. Top Ten Countries of Interest