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5 clusters · 31 sources · 40 days · First seen · Last updated

Indonesia Stock Exchange gold ETF launch

Overview

In early July 2026, the new Bursa Efek Indonesia (BEI) board set an aggressive plan to lift the exchange into the world’s top-10 by 2030, targeting a market-capitalisation of about IDR 30,000 trillion, daily turnover of IDR 31 trillion, 35 million investors and more than 1,100 listed firms. Achieving this would require roughly 200% growth, backed by reforms such as higher free-float thresholds and stricter corporate-quality standards. A central element of the strategy is a gold-backed Exchange-Traded Fund. The ETF will provide retail and institutional investors exposure to physical gold meeting LBMA or SNI purity, with a Sharia-compliant structure approved by the DSN-MUI. On 10 August 2026, coinciding with the 49th anniversary of Indonesia’s capital market, the BEI officially launched these Sharia-compliant gold ETFs. Five investment managers are participating in the launch: PT Trimegah Asset Management, PT BRI Manajemen Investasi, PT Mandiri Manajemen Investasi, PT Syailendra Capital, and PT Indo Premier Investment Management. OJK Chairperson Friderica Widyasari Dewi stated the products are designed to deepen the capital market and expand the bullion market. Pegadaian serves as the sole underlying provider for the ETF through Electronic Gold Receipts (EGR), which represent physical gold held by the company. This mechanism ensures that every ETF unit is backed by an equivalent amount of physical gold, a process overseen by the Financial Services Authority (OJK) to prevent fictitious assets. Analysts note that while the ETF offers real-time trading efficiency, it is better suited for active investors rather than routine small-scale savers, as units cannot be easily converted into physical bars or used as collateral for loans like traditional gold savings. Coordinating Minister for Economic Affairs Airlangga Hartarto stated the Gold ETF aims to strengthen Indonesia’s position as a regional gold investment hub, potentially competing with markets in India and Singapore.

Entities

Bursa Efek Indonesia · Otoritas Jasa Keuangan · PT Trimegah Asset Management · PT Mirae Asset Sekuritas Indonesia · Irvan Sunandy

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

Timeline

  1. 2 days ago

    [BUSINESS] 15 sources
    Indonesia launches Gold ETF to strengthen bullion market

    Indonesia has launched a Sharia-compliant Gold ETF on the IDX, with Pegadaian as the underlying provider, to boost the national bullion market and compete regionally.

  2. 4 days ago

    [BUSINESS] 22 sources
    Indonesia Stock Exchange sees launch of Sharia gold ETFs

    Five investment managers launched Sharia gold ETFs on the Indonesia Stock Exchange, while domestic Antam gold prices fluctuate amid global economic uncertainty and upcoming US inflation data.

  3. 9 days ago

    [BUSINESS] 2 sources
    Indonesia Stock Exchange to revise 2026 IPO target and introduce gold ETF

    OJK may allow BEI to revise its 2026 IPO target, and BEI plans to launch a gold ETF on 10 August 2026, coinciding with the market’s 49th anniversary.

  4. 20 days ago

    [BUSINESS] 9 sources
    Indonesia Stock Exchange set to launch Gold ETF on Aug 10, 2026 capital‑market anniversary

    Indonesia's IDX will debut a Gold ETF on 10 Aug 2026, coinciding with the market’s 49th anniversary, after MUI approval and with seven managers ready to list the product.

  5. about 1 month ago

    [BUSINESS] 2 sources
    Bursa Efek Indonesia aims for top‑10 global ranking and prepares gold ETF launch

    BEI targets a top‑10 global exchange rank by 2030 with a 30 000 trillion IDR market cap, while rolling out a gold‑backed, Sharia‑compliant ETF to broaden investor access.

Sources

antaranews.com · beautynury.com · beritajatim.com · bisnis.liputan6.com · camposdepaz.com.co · clovermedia.jp · cnbcindonesia.com · dutatv.com · economy.okezone.com · ekbis.harianjogja.com · ekbis.sindonews.com · en.antaranews.com · fokus.news.viva.co.id · inews.id · insight.kontan.co.id · jpnn.com · katadata.co.id · keuangan.kontan.co.id · m.jpnn.com · matapantura.republika.co.id · mediaindonesia.com · novagradiska.hr · okezone.com · pendidikan.harianjogja.com · politik.news.viva.co.id · rmol.id · ruzka.republika.co.id · techno.bigmir.net · us.en.news.viva.co.id · us.nasional.news.viva.co.id · zakanyszek.hu

This summary has been updated 4 times: see revision history