HARA and the Central Bank of Indonesia launch the INFRATANI program to achieve halal value chain in the food and agriculture sector

After working together with several banks in providing digital access to financing for smallholder farmers, HARA, an agritech startup, participates in developing the INFRATANI program, initiated by the Central Bank of Indonesia.

The INFRATANI program aims to build a halal value chain by digitizing integrated agricultural data, where players from farmers, processors, and buyers can trace the information throughout the chain. The signing of the collaboration of the commitment and agreement in growing the INFRATANI took place at the “Indonesia Sharia Economic Festival” on Thursday, November 14, 2019. It was carried out by Regi Wahyu, CEO of HARA, Setia Irawan, CEO of Al Ittifaq Islamic Boarding School, KH. Alamul Huda Masyur, Leader of Al Rosyid Islamic Boarding School, Rahmadiana Soenusi, the Head of Purchasing of Sierad Produce, Sunarna Eka Nugraha, Deputy General Manager of BSL 2 Bank BNI, and M. Gatot Adhi Prasetyo, Director of BTPN Syariah.

At the event, held in Jakarta Convention Center, Regi Wahyu shared that INFRATANI demonstrates the integrated agricultural information, where everyone can be involved in this ecosystem fairly and transparently. Traceability will be carried out starting from the planting process, financial access, production, to the market. HARA, a blockchain-based data exchange startup, enables data transparency across parties involved, enables them to track a commodity thoroughly.

HARA collaborates with various stakeholders in developing the INFRATANI as a digital-based ecosystem that supports the concept of the halal value chain, ranging from Islamic boarding schools, banks, to off-takers. Currently, HARA has been working with two Islamic boarding schools assisted by the Central Bank of Indonesia, Al-Ittifaq in Ciwidey for horticultural commodities and Al-Rosyid in Bojonegoro for corn commodities. Both schools act as agricultural providers, both of which have already certified in executing agricultural activities based on the concept of Halal and Thayyib.

“The Central Bank of Indonesia’s technology solutions and opportunities have provided us that agricultural activities can be carried out both from start to end. With HARA and its blockchain technology, the principle of traceability and fairness can be achieved, eventually, the welfare of smallholder farmers will be improved,” — Setia Irawan, CEO of Al-Ittifaq Islamic Boarding School.

HARA collaborates with BTPN Syariah to develop the distribution of Islamic financing for smallholder farmers. Sierad Produce joins the ecosystem by assisting farmers to meet corn quality requirements and by buying the corn commodity produced by the Al-Rosyid Islamic Boarding School. HARA works with BNI to digitalize store management of local farm-input kiosks. These digitalized kiosks will complement the halal value chain through its transparent, immutable, traceable database including sales records and types of farm inputs used by HARA farmers.

The INFRATANI is not simply where traceability of agricultural activities based on the concept of Halal takes place — instead, it supports mutual social value within the circular Sharia economy in promoting financial inclusion across Indonesia.

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