Description
This paper explores conceptual models for Australian Halal beef production and export, with a focus on the Indonesian market. It begins by outlining Australia’s dominant position as a key supplier of beef and cattle to Indonesia, highlighting trends in trade and the growing demand for Halal-certified meat. A systematic analysis of the Halal cattle and beef export growth model is presented, identifying key demand drivers such as Indonesia's population growth, disposable income, Shariah sensitivity, and perceived meat quality. The discussion extends to structural challenges in Australia’s Halal export sector, including profitability concerns, international certification inconsistencies, and competition from rival exporters like Brazil and India.A radical proposal is introduced to address these challenges through a worker-cooperative model, aligning economic sustainability with Shariah principles. This model suggests eliminating pure profit mark-ups by implementing an enterprise where workers are co-owners, ensuring employment stability and fair returns while maintaining cost efficiency. The cooperative model is evaluated from both theoretical and practical perspectives, emphasizing its potential to reduce beef prices for Indonesian consumers while fostering job security and equitable income distribution. However, significant challenges remain, including bureaucratization risks, financing constraints, and limited acceptance by traditional investors and Islamic financial institutions.
Ultimately, it is hoped this will contribute to the discourse on innovative business structures within the Halal meat industry, proposing an alternative economic model that harmonizes market efficiency with ethical considerations in Islamic finance and trade.
| Period | 6 Feb 2024 |
|---|---|
| Event title | International Seminar on Global Trends Unveiled: Halal Industry, Islamic Banking & Digital Transformation |
| Event type | Seminar |
| Location | Bengkulu, IndonesiaShow on map |
| Degree of Recognition | National |
Keywords
- workers' cooperatives
- profit sharing
- risk sharing