Major Asset for Indonesia, OJK Chief: Total Assets of Sharia Financial Industry Reach Rp 3,100 Trillion

The Chairman of the Financial Services Authority (OJK), Friderica Widyasari Dewi, known as Kiki, reported that from the perspective of sharia finance, Indonesia currently ranks sixth among the top ten countries worldwide for sharia banking, sharia insurance, sukuk, and social funds. Meanwhile, at the national level, Kiki assured that the performance of the sharia financial services sector continues to experience stable growth. Even amid current global geopolitical and geoeconomic dynamics, Indonesia’s total sharia financial industry assets recorded an increase of 8.61% year-on-year, reaching Rp 3,100 trillion as of December 2025. “With details of total banking sharia assets reaching Rp 1,067 trillion, sharia capital market Rp 1,800 trillion, and non-bank sharia financial industry Rp 188 trillion,” said Kiki at the closing event of the Gebyar Ramadan Keuangan (GERAK) Syariah 2026 at the BI Building, Thamrin, Central Jakarta, on Thursday, 2 April 2026. She emphasised that this is certainly supported by the resilience and robustness of the sharia financial services sector, reflected in several aspects. For example, positive growth in sharia banking intermediation, with financing growth of 9.58% (yoy) to Rp 705 trillion and Third Party Funds (DPK) growth in sharia banking of 10.14%. “Market capitalisation in the sharia capital market also reached Rp 8,900 trillion or up 31.4% (yoy), as well as the value of Assets Under Management (AUM) in sharia, which continues to increase along with sharia insurance assets and growing sharia financing receivables,” she stated. Kiki added that this solid national sharia economy and finance foundation certainly serves as a strong foundation for Indonesia’s economy. Such opportunities are not overlooked, including Indonesia’s current potential in terms of demographics, society, and the economy. Among others, a Muslim population base of 244.7 million people, as well as increasing public awareness of sharia values and lifestyles that create growing interest in sharia financial products and services. “Of course, this potential must be further developed going forward. Government support, if we look at President Prabowo, is also extraordinary for our sharia policies, as well as advancements in technology and the digitalisation process,” said Kiki.