Advisor to the OJK Strategic Committee and Research Center, Ahmad Buchori, said that sharia financial technology / financial technology or fintech companies have very big prospects in Indonesia.”The prospect of Islamic fintech is extraordinary in the future because we are the country with the largest Muslim population in the world.
“Prospectsfintech Sharia is extraordinary in the future because we are the country with the largest Muslim population in the world. Moreoverfintech widely used forcrowd funding, then there is the potential to waqf, zakat, and infaq,” he said in the Tower building 165, Jakarta, Monday, 14 May 2018.
Ahmad also mentioned the developmentfintech sharia is expected to support sharia economic growth. Based on OJK data, until February 2018, Indonesia's total Islamic financial assets excluding Islamic stocks reach Rp 1.117,88 trillion at an exchange rate of Rp 13.707 per United States dollar.
State sukuk occupies the highest position in the distribution of Indonesian Islamic assets with Rp 542 trillion, then followed by Islamic banking with total assets of Rp 429,36 trillion.
By comparisonyear-on-year, division of portions of three aspects of Islamic finance, namely Islamic banking, non-bank financial industry (IKNB) sharia, as well as sharia capital markets, also experienced an increase. Until February 2018, Islamic banking filled the portion 38,40 percent, IKNB syariah 8,89 percent, as well as sharia capital markets 52,70 percent.
Sharia stock capitalization until the same period has also reached Rp 3.861,6 trillion. Inmarket share Indonesian finance as a whole, Islamic banking has assets of Rp 429,36 trillion, IKNB syariah 99,31 trillion, and the capital market Rp 589,21 trillion. “Market share Indonesian Islamic finance for 8,22 percent, while conventional finance 91,78 percent,” said Ahmad.
even so, to date, from 50 companyfintech the organizerpeer-to-peer lending, new one moving in the field of sharia, namely PT Ammana Fintek Syariah. Ammana CEO Lutfi Adhiansyah targets the total waqf funds to be paid through his company to Rp 250 billion this year.
“So, if for UMKM financing (micro business, small, and secondary), our target is Rp 100 billion. For this year, plus the mandate from the Productive Waqf Forum, transaction of around Rp 250 billion,” he said in the Tower building 165, Jakarta.
source : bisnis.tempo.co
