Indonesia's Financial Services Authority (OJK) reported on two financial literacy outreach activities aimed at strengthening Islamic finance literacy and supporting micro, small and medium-sized enterprises (MSMEs), alongside a separate programme focused on young people’s financial capability and digital finance risks. In Magelang, OJK and Nahdlatul Ulama’s executive board (PBNU) held the Forum Edukasi dan Temu Bisnis Keuangan Syariah (FEBIS) and Santri Cakap Literasi Keuangan Syariah (SAKINAH) at Pondok Pesantren API Tegalrejo as part of National Santri Day, attended by more than 2,000 students and 79 MSME participants. The agenda covered Islamic finance education, business development workshops and business matching between MSME entrepreneurs and Islamic financial institutions, positioned as part of the Nahdlatul Ulama Business Catalyst (NUBIC) initiative. In Yogyakarta, OJK’s consumer protection and financial education supervisor Friderica Widyasari Dewi joined the Indonesia Deposit Insurance Corporation (LPS) chair Anggito Abimanyu for the “OJK and LPS Mengajar” session at SMA Negeri 3 Yogyakarta, attended by around 650 students, teachers and staff. OJK highlighted the need for caution when sharing personal data and for informed use of digital financial services, introduced the LMSKU financial education learning platform and the OJK PEDULI programme, and appointed two student financial literacy ambassadors.
OJK 2025-10-21
Indonesia's Financial Services Authority runs Islamic finance education and MSME business matching with Nahdlatul Ulama and delivers youth digital finance outreach with LPS
Indonesia's Financial Services Authority (OJK) conducted outreach to enhance Islamic finance literacy and support MSMEs. In Magelang, OJK collaborated with Nahdlatul Ulama for educational and business events for over 2,000 students and 79 MSME participants. In Yogyakarta, OJK and the Indonesia Deposit Insurance Corporation (LPS) engaged students on digital finance risks and introduced financial education initiatives.