OJK launches Islamic finance blueprint in Makassar

The Indonesian Financial Services Authority (OJK) has launched the Blueprint for the Development and Strengthening of Islamic Finance during the Indonesia Islamic Finance Summit (IIFS) 2026 in Makassar. The strategic guide aims to unify the national industry by integrating banking, capital markets, insurance, financing, and fintech innovation.

As of September 2026, total Islamic financial assets in Indonesia reached Rp3,307.73 trillion, representing a 9.28 percent year-on-year growth. Despite this increase, Islamic finance holds an 11.21 percent market share of total national financial assets.

OJK Chairperson Friderica Widyasari Dewi emphasized that development must move away from partial approaches toward an integrated ecosystem of Islamic finance and social finance. South Sulawesi Governor Andi Sudirman noted that strengthening this ecosystem is vital to competing with non-Muslim majority nations, such as China and Thailand, which are actively pursuing the global halal economy, including sectors like halal food, fashion, and tourism.