Indonesia's Financial Services Authority (OJK) published an update marking the close of the 2026 Ramadan Sharia Finance Festival (GERAK Syariah), highlighting programme results and reiterating its push to expand Islamic finance literacy and inclusion through collaboration with government and industry stakeholders. At the same event, OJK and Indonesia’s Ministry of Religious Affairs launched the 2026 Religion-Based Financial Education (ESA) pocketbook to support practical financial management education, including Islamic finance. GERAK Syariah 2026 included 1,283 literacy activities, 459 inclusion activities and 890 social activities, with education participants recorded at 8,350,391, up 31% year on year. The programme reported IDR 6.83 trillion in funds mobilised and IDR 6.86 trillion in funds disbursed, while social disbursements reached IDR 86.2 billion to 266,421 beneficiaries (versus 158,203 beneficiaries and IDR 30.75 billion the prior year). OJK linked the initiative to efforts to make Sharia financing more accessible for micro, small and medium-sized enterprises and to broader welfare and poverty alleviation goals, while the Ministry of Religious Affairs highlighted the gap between Indonesia’s large Muslim population and an estimated 7.6% level of Sharia economic behaviour.
OJK 2026-04-02
Indonesia's Financial Services Authority closes GERAK Syariah 2026 with 8,350,391 participants and launches a religion-based financial education pocketbook
Indonesia’s Financial Services Authority (OJK) closed the 2026 Ramadan Sharia Finance Festival (GERAK Syariah), highlighting expanded Islamic finance literacy and inclusion efforts and launching, with the Ministry of Religious Affairs, the 2026 Religion-Based Financial Education (ESA) pocketbook. GERAK Syariah 2026 recorded 1,283 literacy, 459 inclusion and 890 social activities, reaching 8,350,391 participants and mobilising IDR 6.83 trillion in funds with IDR 6.86 trillion disbursed, alongside IDR 86.2 billion in social disbursements to 266,421 beneficiaries.