This study aims to discover and analyse the existence of MSMEs in Indonesia in the world's Halal products and Services market.    As a country with the largest Muslim population in the world, Indonesia can become one of the largest markets in the world.  As indicated in the Global Islamic Economic Report (GIER), Indonesia is one of the top ten countries that control the Islamic economic market, yet it fails to dominate its own Islamic market.  Accordingly, the government needs to play a stronger role through regulatory policies to encourage the development of the Islamic economic ecosystem in Indonesia (halal value chain).  The researchers have conducted normative juridical research with the analytical descriptive method by collecting, describing, analysing and presenting what is (das sein) and what ought to be (das sollen).  The conclusion of this study shows that the quadruple helix innovation system can guarantee the development of MSMEs to achieve a high level of competitiveness - efficiency and effectiveness of the products and services produced.

Islamic banking has the ability to survive (durable) in times of crisis, has competitiveness and is efficient in improving the national economy. The commercial aspect of the economy can be seen from the existence of the financial services sector and the halal industry, while in the legal aspect, Indonesia has legal pluralism - the customary law system, the Islamic legal system and the western legal system. The formulation of the problem is How are the steps and strategies for Indonesia so that Indonesian Islamic Banking becomes a leader in the world halal value chain? The method used in this research is normative juridical with quantitative analysis approach. The conclusion of this study is that the position of Islamic banks in the economic system and national legal system has a strong position to become a Muslim country to become a leader in the development of the world Islamic financial market and global halal value chain by utilizing regulatory and policy support that supports the development of a halal value-based economy and Islamic banking and support the development of the world's halal industry that meets the expectations of the community