BI: Indonesia's Islamic Finance Assets Reach Rp3,131 Trillion
Indonesia's halal value-chain sectors grew 5.50 percent year-on-year in Q2 2026, driven by halal food, Muslim fashion and tourism.
Indonesia's Islamic finance assets have reached Rp3,131 trillion, according to Bank Indonesia Governor Destry Damayanti. The country's Islamic economy and finance sectors continue to expand, with potential for future growth. Speaking at the 2026 East Java Regional Islamic Economy Festival in Surabaya, Damayanti urged for stronger Islamic financing, a more integrated halal value-chain ecosystem, and greater awareness of the Islamic economy.
Indonesia is now ranked fourth globally in the State of the Global Islamic Economy Report 2025/2026. The rise in Islamic financial assets is attributed to the growth of halal food, Muslim fashion, and tourism sectors. Additionally, literacy in the Islamic economy has significantly increased, from 16.3% in 2019 to 50.18% in 2025.
East Java's Governor Khofifah Indar Parawansa emphasized that the success of the Islamic economy should be measured by the benefits it provides to the public, not just its size.
Written by urgent.news from Tempo.co English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
