Indonesia’s Financial Services Authority (OJK) called on university students to spread financial knowledge and support regional economies through entrepreneurship during teaching events in Makassar, held as part of the Indonesia Islamic Finance Summit 2026. The discussions emphasized responsible use of financial products and broader access to Islamic financing, including a sector roadmap that OJK is preparing. At Hasanuddin University, Hernawan B. Sasongko, vice chairman of OJK’s Board of Commissioners, encouraged students to share financial knowledge with their communities, understand product risks and check providers’ legal status. He warned against misuse of personal data, illegal investments and digital financial scams. Financial institutions are also supporting regional commodity development through financing, productivity improvements and better market access. In Sulawesi, this work covers cocoa, Cavendish bananas and seaweed, including improvements to cocoa processing and banana supply chains. At Alauddin State Islamic University Makassar, Agusman, OJK’s chief executive for supervision of financing companies, venture capital firms, microfinance institutions and other financial services institutions, highlighted opportunities for Islamic financing to serve micro, small and medium enterprises and halal industry supply chains. OJK is preparing a roadmap for the Islamic segment of these sectors to promote productive business financing, strengthen the Islamic economic ecosystem and expand access through digitalization. Development also requires stronger funding capacity, governance and risk management, alongside products and contracts suited to customers’ needs. As of August 2026, the segment held IDR 134.58 trillion in assets, representing 11.77% of the combined sectors’ assets. Financing reached IDR 125.85 trillion, up 13.50% from a year earlier, across 12.31 million accounts.

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