In order to improve Islamic financial literacy, especially the Islamic Capital Market, the Central Leadership Council of the Indonesian Islamic Economists Association (IAEI) together with the IAEI Bengkulu Regional Leadership Council and PT Bursa Efek Indonesia held a virtual Islamic Capital Market Workshop on Thursday (21/7).
The Chairman of DPW IAEI Bengkulu said that this programme is a form of IAEI's synergy in increasing the Islamic capital market literacy which is still relatively low in Bengkulu. "This activity is very important for us so that there is an understanding and there is no mistake in practising or carrying out activities related to the capital market," said Dr Asnaini, MA, Chairman of DPW IAEI Bengkulu.
Efforts to increase literacy to the younger generation can be seen with the increasing number of millennial investors in Sharia financial instruments. Based on OJK data, during 2020, the number of retail investors in Sharia stocks increased by 25% compared to the previous year, of which 70% were millennials. Millennials should also be appreciated because they have begun to actively participate in investing through Sukuk.
Dr Asfi Manzilati, Sharia Capital Market and IKNB Development Division, DPP IAEI emphasized that to develop the great potential of the Islamic capital market in Indonesia, innovation and synergy between parties are very important to do. Both the government, regulators, industry, social institutions and academics must work together in increasing the literacy and inclusion of the Islamic Capital Market in Indonesia.
For this reason, IAEI strives to build synergies between Islamic financial institutions, educational institutions and the government in grounding Islamic economics in Indonesia. IAEI is also running a series of Road to Muktamar V programmes, IAEI carries programmes that focus on strengthening contributions through innovation and synergy. This Islamic Capital Market Workshop is one of the programmes for synergy and innovation.
