OJK expands market‑capital literacy, credit access and insurance reforms in Indonesia

Indonesia's Financial Services Authority (OJK) held a public lecture on sharia capital‑market investing at Universitas Darussalam Gontor in Ponorogo, stressing the need for young investors to understand risks and the legal basis of sharia‑compliant stocks. The regulator noted that Indonesia now has about 28.1 million market‑participants, over half under 30 years old, and urged students to open accounts responsibly.

OJK also launched an optimisation of its credit‑information system, SLIK, to accelerate lending for micro, small and medium enterprises and for the government’s 3‑million‑house programme. Changes include a three‑day update window after repayment and the exclusion of loans under Rp1 million from borrowers’ credit records, aiming to make data more relevant for lenders.

In the insurance sector, OJK reported that commercial insurance premiums reached Rp139.54 trillion in May 2026, a modest 0.67 % year‑on‑year rise, while risk‑based capital ratios remained well above regulatory minima. The agency is investigating 15 entities suspected of operating insurance brokerage without licences and has revoked three broker licences.

Separately, OJK announced a restructuring of 41 sharia insurance and reinsurance units: 26 will be spun off into new firms and 15 will merge their portfolios with other insurers, bringing the total number of sharia‑insurance companies to 45 by the end of 2026.