Friday 22 December 2023

Getting to Know the Term SGIE: Thrown Out by Gibran in the Vice Presidential Debate, Makes Cak Imin Confused


The term State of the Global Islamic Economy or SGIE which Gibran Rakabuming Raka uttered at the vice presidential debate is becoming a trending topic.

Many people do not understand the foreign terms used by vice presidential candidate number 2, including Muhaimin Iskandar alias Cak Imin.

It is known that the term SGIE was coined by Gibran during the question and answer session. He questioned the steps that the PKB general chairman would take to improve Indonesia’s ranking among the SGIE.

“Gus Muhaimin is the general chairman of the PKB Party, I am sure Gus Muhaimin understands this problem very well. What steps will Gus Muhaimin take to raise Indonesia’s ranking in SGIE?” asked Gibran, quoted Saturday (23/12/2023).

Hearing questions from Prabowo Subianto’s partner, Cak Imin asked Gibran again about SGIE.

“Frankly, I don’t understand SGIE. What is SGIE?” asked Cak Imin in reply.

Gibran then explained the meaning of his question related to SGIE.

Vice presidential debate between Muhaimin Iskandar, Gibran Rakabuming Raka and Mahfud MD at the Jakarta Convention Center (JCC) Hall, Senayan, Jakarta, Friday (22/12/2023). (screen capture) “We are currently focused on developing sharia economics, sharia finance, automatically we also have to understand the SGIE problem. SGIE is the State of the Global Islamic Economy,” he explained.

In connection with the viral moment when Cak Imin asked Gibran about SGIE, here is a brief explanation of the term.

SGIE is an abbreviation for State of the Global Islamic Economy. This is a report related to global Islamic economic indicators issued by Dinar Standard.

It is known that Dinar Standard is an international research institution that focuses on the global Islamic economy, including trade and the halal product industry.

A number of indicators in the SGIE include assessments related to sharia finance, halal food and drinks, halal cosmetics, halal medicines, and several others.

From the SGIE 2022 report, it is known that Indonesia is in fourth place. Indonesia is still below Malaysia, Saudi Arabia, UAE and Turkey.

However, if you look at the results of the report on halal food products, Indonesia is ranked second.

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