JAKARTA. The total value of sharia-compliant assets in the world are estimated to grow by 58.33% to US$ 3.8 trillion by 2025.
Harianto Solichin, President Director of PT Nikko Sekuritas Indonesia, said that 71% of that figure was Islamic bank assets, 16% came from sharia-based sukuk or bonds, and the rest were other financial instruments.
"We become a world-class player in terms of sukuk. We are the third largest player in the world, because the Indonesian government has also issued sukuk, "Solichin said during the groundbreaking of Menara Syariah in Jakarta on Sunday (8/12).
Therefore, Solichin explained that Indonesia needs to have supporting ecosystems such as the Islamic Financial Center, which is being built at Pantai Indah Kapuk (PIK) 2. With these ecosystems, Indonesia's sharia-compliant assets can grow better than those of any other country in the world. "Menara Syariah is the hardware," Solichin explained.
In addition, Solichin said the existence of the Islamic Financial Center was not only to accommodate companies engaged in financial services. "But it will also accommodate companies working in the halal industry," Solichin said. (KR/AR)