OJK Strengthens Islamic Finance Ecosystem

New Department for Sharia Banking and MSMEs

The Financial Services Authority (OJK) is establishing a new department focused on Sharia banking and Micro, Small, and Medium Enterprises (MSMEs) effective January 1, 2026 ²

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Source 3

https://finansial.bisnis.com/read/20251215/90/1936799/ojk-punya-satuan-kerja-baru-mulai-1-januari-2026-ini-tugasnya

. This new entity, called the Department for Regulation and Development of Sharia Banking and MSMEs, will consolidate regulation and development under a single authority, enhancing the coordination and effectiveness of Sharia finance initiatives ³

Source 3

https://finansial.bisnis.com/read/20251215/90/1936799/ojk-punya-satuan-kerja-baru-mulai-1-januari-2026-ini-tugasnya

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Growing Sharia PPDP Assets

The OJK reported that assets in the Sharia Insurance, Guarantee, and Pension Fund (PPDP) sector reached Rp 70.8 trillion as of October 2025, representing a 6.21% growth from the same period last year ¹

. This growth indicates increasing public participation in Sharia financial products. Ogi Prastomiyono, OJK's Executive Head for Insurance, Guarantee, and Pension Fund Supervision, noted that this trend demonstrates growing public confidence in Islamic financial instruments ¹

Source 1

https://keuangan.kontan.co.id/news/tumbuh-621-aset-ppdp-syariah-capai-rp-708-triliun-per-oktober-2025

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Strategic Opportunities in Sharia PPDP

The OJK has identified significant opportunities to strengthen the Sharia PPDP ecosystem further. Key focus areas include developing innovative Sharia-compliant products that integrate with zakat (charitable giving), wakaf (endowments), and halal industry initiatives ⁴

. These developments are expected to create a more robust and inclusive Islamic financial ecosystem.

Enhanced Collaboration with Community Institutions

The OJK is also strengthening collaboration with community institutions, such as the Indonesian Mosque Council (Dewan Masjid Indonesia), to promote financial literacy and inclusion through mosques. This partnership aims to make mosques centers for community empowerment, providing both spiritual guidance and financial education ³

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