Indonesia's Ministry of Finance published remarks by Deputy Finance Minister Juda Agung outlining priorities for the National Committee for Islamic Economy and Finance (KNEKS), calling for the body to move beyond a purely formal role and operate more effectively and agilely to speed up the development of Indonesia’s Islamic economy and finance. The priorities highlighted included stronger cross-sector coordination across the Islamic economy ecosystem, spanning real-sector players such as sharia micro, small and medium-sized enterprises and larger halal-based industries, with an emphasis on building a stronger, sustainable value chain. On the finance side, the remarks pointed to a recent slowdown in sharia banking growth and called for renewed impetus not only for banks but also for non-bank Islamic financial institutions, including rapidly growing sharia fintech. Digitalisation was positioned as a key enabler, including for online donation and endowment activities and for halal traceability to support export markets, with a call to evaluate and accelerate implementation of related programmes.

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