Hawzah News Agency - Indonesia stands out as the most lucrative market among the 10 ASEAN member nations when it comes to population.

Firstly, it is ASEAN's most populous country with over 264 million people.

With roughly 88 percent or 225 million of its people being Muslim, Indonesia also accounts for 13 percent of the worldwide Muslim population and tops the list of countries with the largest Muslim populations.

Under such circumstances, the Indonesian Chamber of Commerce and Industry (KADIN) stepped up its campaign last week for more Korean entrepreneurs to explore the Muslim-majority nation.

Lee Kwang-yeon, who was appointed as the inaugural president of KADIN's Seoul office, pledged to "make its utmost efforts" to help expanding exchanges in various business fields including tourism, politics, economy, society and culture.

The launch ceremony at a convention center in Yeouido, Seoul, followed a seminar at the National Assembly on Indonesia's halal policy. Among the seminar speakers was KADIN's Vice Chairman Johny Waas.

Halal, the Arabic word for "permissible," refers to a set of religious guidelines and regulations on manufacturing food products including meat, cosmetics and pharmaceutical products among others.