Indonesian Political, Business & Finance News

Sharia Mode Launched on IDX Mobile, Investors Gain Easier Access to Information

| Source: CNBC Translated from Indonesian | Finance
Sharia Mode Launched on IDX Mobile, Investors Gain Easier Access to Information
Image: CNBC

Jakarta — PT Bursa Efek Indonesia (BEI) remains committed to strengthening financial literacy and inclusion based on sharia principles through digital innovation. One of the latest steps undertaken by BEI is the introduction of a sharia mode on the IDX Mobile application, designed to facilitate public access to Islamic capital market information in a more integrated manner.

The sharia mode on the IDX Mobile application was officially launched on Monday, 9 March 2026, at the Main Hall of BEI in Jakarta. The launch was opened by Jeffrey Hendrik, Acting Director General of BEI, who affirmed the exchange’s commitment to expanding access to transparent investment information in accordance with sharia principles.

In his remarks, Jeffrey emphasised that Indonesia’s Islamic capital market has demonstrated positive development in recent years. This is reflected in the increasing number of sharia-compliant shares and the growing number of investors choosing to invest according to sharia principles.

“As of 4 March 2026, the number of sharia-compliant shares reached 672 or approximately 70% of the total shares listed on the exchange. The market capitalisation of sharia-compliant shares in the Indonesian Islamic Stock Index has reached approximately 56% of total market capitalisation,” he stated in an official statement.

Positive development is also evident from the number of sharia investors. According to data collected from Exchange Members providing the Sharia Online Trading System (AB-SOTS), the number of sharia investors has increased significantly over the past five years. In 2020, the number of sharia investors was only approximately 85,000, whilst by early 2026, the number of sharia investors has exceeded 219,000.

According to Jeffrey, this trend demonstrates that public interest in investing according to sharia principles is rising significantly. Indonesia’s position in the global Islamic finance industry is also strengthening. In 2025, Indonesia’s capital market received the Global Islamic Finance Awards (GIFA) Championship Award for Islamic Capital Market, placing Indonesia as the world’s best sharia capital market.

Recognising this potential, BEI has introduced a sharia mode on the IDX Mobile application as a digital innovation to facilitate public understanding and access to sharia investment information. Several key features are available in this mode, including Sharia Equity Market, Sukuk Market, Sharia Virtual Trading, Sharia Education Portal, and Fatwa & Regulation.

Through the Sharia Equity Market and Sukuk Market features, users can access information regarding sharia-compliant shares and sukuk listed on the exchange. Meanwhile, the Sharia Virtual Trading feature allows users to practise with real-time data to conduct virtual investment transactions before investing in real terms.

In addition, the application is also equipped with a Sharia Education Portal that provides various educational materials regarding the Islamic capital market. Meanwhile, through the Fatwa & Regulation feature, users can study various regulations and fatwas related to sharia investment. Furthermore, Jeffrey reaffirmed that digitalisation is an important part of expanding public access to the capital market.

“Digitalisation is not merely about technology, but about how to provide wider access, more transparent information, and stronger trust for the public,” he explained.

With IDX Mobile currently having exceeded 510,000 users, BEI hopes that the presence of the sharia mode can further increase financial literacy and public participation in sharia investment.

The launch of this feature was also accompanied by a talk show themed “Empowering Sharia Investment Journey with IDX Mobile Sharia,” which featured Financial Educator Khairani Pane and members of the Sharia Board of the Indonesian Ulama Council, Azharuddin Lathif. Both figures emphasised the importance of credible information access in accordance with sharia principles so that the public can make investment decisions more wisely.

Through this innovation, BEI hopes that the public will increasingly become familiar with and utilise various sharia investment products in the capital market, while strengthening Indonesia’s position as one of the rapidly developing centres of the Islamic capital market in the world.

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