Sharia Financing Encouraged as Alternative for Corporate Expansion
Jakarta – Strengthening connectivity between the halal industry and Islamic financial institutions is key to broadening access to financing for corporations, particularly to support competitive, innovative, and sustainable investment and business expansion. This effort also reinforces the contribution of the halal industry and Islamic finance to national economic growth.
This was conveyed by the Acting Governor of Bank Indonesia, Destry Damayanti, at the Sharia Financing Strategic Forum for Corporate Expansion themed “Unlocking Corporate Growth Through Sharia Finance” in Jakarta on 12 August 2026. At the event, Bank Indonesia also held a business matching session that brought together 20 Sharia Commercial Banks (BUS) and Sharia Business Units (UUS) with 51 corporations to explore financing solutions tailored to business needs.
The activity was supported and attended by the Financial Services Authority, the Ministry of Industry, the Ministry of Investment and Downstreaming/BKPM, the National Committee for Islamic Economy and Finance, the Indonesian Sharia Bank Association (Asbisindo), the Indonesian Association of Islamic Economists (IAEI), and the Chamber of Commerce and Industry (KADIN).
“Sharia financing must become a strategic and competitive choice for corporate investment and expansion. To achieve this, a bankable, measurable, and sustainable financing pipeline needs to be built, strengthened by deepening the Islamic financial market and intermediation, as well as collaboration between corporations, the Islamic financial industry, regulators, ministries/agencies, and associations,” said Destry.
She also stressed the importance of expanding capacity and innovation in financing instruments, as well as strengthening governance, risk management, and monitoring to bolster corporate financing. On the same occasion, the Head of KADIN Indonesia’s Sharia Economy Agency, Titi Khoiriah, highlighted the importance of long-term sharia financing with appropriate schemes and tenors to support corporate expansion.
In line with this, the Head of Business Relations at Asbisindo and Vice President Director of Bank Syariah Indonesia, Bob Tyasika Ananta, emphasised the importance of an ecosystem-based approach that connects corporations with their supply chains. This approach enables Islamic banking to expand financing for working capital while building long-term relationships with the business sector.
The momentum for expanding sharia financing is supported by the industry’s improving performance. As of June 2026, sharia banking financing reached Rp720 trillion, growing 11.43% year-on-year, while Third-Party Funds reached Rp816 trillion, growing 13.13% year-on-year. On the business side, during the same period, the halal supply chain grew by 5.5% and outstanding corporate sukuk reached approximately Rp95 trillion. These developments open up greater opportunities for sharia financing to support productive investment and real sector expansion.
Through the Sharia Financing Month and Intermediation Acceleration programme, Bank Indonesia, together with all stakeholders, continues to strengthen synergy to broaden financing access and accelerate the realisation of sharia financing for the real sector. This synergy is expected to enhance the role of sharia financing in supporting investment and business expansion, as well as driving sustainable economic growth.