Indonesia’s Islamic financial services sector continues to show steady and resilient growth despite ongoing global economic uncertainty. According to the country’s Financial Services Authority (OJK), the overall performance of the sharia financial sector remains strong at the national level.
As of December 31, 2025, total assets in Indonesia’s Islamic finance industry reached 3,100 trillion rupiah (approximately $183.47 billion), reflecting a year-on-year growth of 8.61%. This consistent expansion highlights the sector’s stability even amid global geopolitical and economic challenges.
The growth has been supported by strong performance across key segments of the industry. Islamic banking assets were recorded at 1,067 trillion rupiah ($63 billion), while the Islamic capital market reached 1,800 trillion rupiah ($106 billion). Meanwhile, the Islamic non-bank financial sector contributed 188 trillion rupiah ($11 billion) to the total.
Financing activity also showed positive momentum, growing by 9.58% year-on-year to around 755 trillion rupiah ($44 billion). This was accompanied by a 10.14% increase in third-party funds, indicating rising public trust and participation in Islamic financial institutions.
In addition, the market capitalization of the sharia financial sector saw significant growth, reaching 8,900 trillion rupiah (approximately $523 billion), which represents a 31.4% increase compared to the previous year. Other components such as assets under management, Islamic insurance assets, and financing receivables also continued to expand steadily.
Despite these positive developments, challenges remain in increasing public participation in Islamic finance. Data from the 2025 National Survey on Financial Literacy and Inclusion (SNLIK) shows that Islamic financial literacy stands at 43.42%, while the inclusion rate is still relatively low at 13.41%.
This gap suggests that although many people are aware of Islamic financial products and services, fewer are actively using them. Industry experts emphasize that this presents both a challenge and an opportunity for regulators and financial institutions to strengthen public education and encourage wider adoption.
Overall, Indonesia’s Islamic finance sector continues to demonstrate strong growth potential, supported by increasing awareness, expanding assets, and opportunities to further improve financial inclusion.