Indonesia Financial Services Authority (OJK) issued a press release reporting that Indonesia’s Islamic banking assets reached IDR 1,028.18 trillion in October 2025, up 11.34% year on year and above the IDR 1,000 trillion threshold. The update frames the milestone as consistent with OJK’s ongoing implementation of the 2023–2027 Roadmap for the Development and Strengthening of Indonesian Islamic Banking (RP3SI). Sharia-compliant financing outstanding reached IDR 685.55 trillion (up 7.78% year on year) and third-party funds (DPK) reached IDR 820.79 trillion (up 14.26% year on year), both described as record highs. OJK highlighted plans to keep driving industry strengthening through spin-offs and consolidation to build greater economies of scale, noting that most Islamic commercial banks (BUS) remain in the KBMI 1 group, alongside measures to improve competitiveness through distinctive Sharia products, stronger synergies with parent banks, and optimisation of Islamic social finance.
OJK 2025-12-12
Indonesia Financial Services Authority reports Islamic banking assets surpass IDR 1,028 trillion and signals continued push for spin-offs and consolidation
The Indonesia Financial Services Authority (OJK) reported that Islamic banking assets reached IDR 1,028.18 trillion in October 2025, marking an 11.34% year-on-year increase. Sharia-compliant financing and third-party funds also hit record highs, with OJK emphasizing plans for industry strengthening through spin-offs, consolidation, and enhanced competitiveness via distinctive Sharia products and synergies with parent banks.