News - Increased 240%, Number of Sharia Stock Investors Reached 151,560 People

Increased 240%, Number of Sharia Stock Investors Reached 151,560 People

Sep, 12 2024

JAKARTA – The number of sharia stock investors on the Indonesia Stock Exchange (BEI) experienced significant growth until early September 2024.

Based on data collected from Sharia Online Trading System (AB-SOTS) Exchange Members as of September 9 2024, the number of sharia stock investors increased by 240% in in the last five years, from 44,536 investors in 2018, to 151,560 investors in July 2024.

From a geographical perspective, as of June 2024, at least the 6 largest regions on the island of Java still dominate the distribution of sharia investors, led by DKI Jakarta (18%), West Java (14%), East Java (12%), Central Java (9%), DI Yogyakarta (6%), and Banten (4%).

Meanwhile, Aceh province is a 'Special Region' whose requirements for the application of Islamic sharia law still contribute 3% of the total sharia investors as of June 2024.

In terms of transactions, as of September 9 2024, the average daily volume of stock transactions included in the Indonesian Sharia Stock Index (ISSI) has reached 76% of the total transaction volume on the IDX.

The total value of sharia share transactions in the first half of 2024 has reached IDR 2.2 trillion, with a volume of 5.8 billion shares. A number of Java regions still control the majority of transactions.

Even though it is not included in the top 10 largest sharia investors, East Kalimantan province actually rose to 6th place, with total transactions of IDR 60.89 billion, overtaking DI Yogyakarta in 7th place.

The increase in the number of sharia stock investors cannot be separated from a series of product development innovations in the sharia capital market, one of which is waqf products.

(SOURCE)

These are 3 Breakthroughs of West Java DPMPTSP to Overcome Investment Debottlenecking

West Java DPMPTSP continues to provide assistance and facilitate debottlenecking of licensing service problems and ease of investing in West Java. Bisnis.com, BANDUNG - With an investment realization target from BKPM/Ministry of Investment of up to Rp250 trillion by 2024, the West Java Investment and One-Stop Integrated Services (DPMPTSP) Office continues to strengthen investment services. Head of West Java DPMPTSP Nining Yuliastiani said that her office continues to provide assistance and facilitate debottlenecking of licensing service problems and ease of investing in West Java. “We facilitate the handling of investment realization problems through several steps,” she said in Bandung, Thursday (18/7/2024). First, through the Windu service (West Java Investor Depelopment Upgrade), which facilitates business actors through mentoring and coaching activities with various themes related to the problems faced by business actors. “Second, there is a movement to encourage investment realization, this is our effort to facilitate business actors through LKPM reporting assistance,” he said. Third, steps to accelerate the handling of investment realization problems by optimizing the Settlement of Problems and Acceleration of Business Licensing then facilitating strategic project assistance through optimizing the IRO (Investment Relation Officer). Nining also ensures that her party routinely holds forums that bring together various stakeholders with investors.Nining Yuliastiani ensures that her party is committed to continuing to encourage the acceleration of investment realization in West Java and provide licensing services to all business actors. “We realize that this investment is able to create a very large multiplier effect that can improve the welfare of the community in the future and of course requires a very high commitment from the leadership and support from relevant stakeholders,” she said. Investment realization in West Java in the first quarter of 2024 or the January-March 2024 period has increased, both from foreign investment (PMA) and domestic investment (PMDN). Based on the Investment Activity Report (LKPM) up to the first quarter of 2024 realized by investors in 27 districts / cities, the total investment reached Rp64.65 trillion. (SOURCE)

Jul, 19 2024

West Java Breaks Out of Old Pattern, Economic Growth Exceeds National Growth: Dedi Mulyadi Targets IDR 4,000 Trillion in GDP

BERTUAHPOS.COM, BANDUNG – West Java Governor Dedi Mulyadi said that West Java's economic growth is now "out of the ordinary," having surpassed the national average. He made this statement at the Economics 360° Roundtable Discussion themed "West Java for 8 Percent Economy – Towards Golden Indonesia 2045" at Gedung Sate, Bandung City, Wednesday (11/19/2025). According to Mulyadi, this achievement shows that West Java's economic acceleration is starting to be felt, driven by increased investment and infrastructure development. "If you look at the data presented by the Head of the Statistics Indonesia (BPS RI), West Java is out of the ordinary. Previously, its economic growth was always below the national average. Today, we are above the national average," said Mulyadi. According to BPS RI data, West Java recorded a Gross Regional Domestic Product (GRDP) of IDR 2,823 trillion. The West Java Provincial Government is targeting a significant increase of up to IDR 4,000 trillion in the next five years—a surge that requires more aggressive policy acceleration and investment. According to Dedi, the ongoing increase in investment will begin to have an economic impact by the end of 2026. "The results will be visible by the end of 2026. Labor recruitment will begin, new production will be born, and growth rates will increase. Furthermore, the ongoing infrastructure development will also be felt in 2026," he said. The Head of the Statistics Indonesia (BPS), Amalia Adininggar, emphasized the importance of a data-driven approach in developing West Java's future economic strategy. "Accurate data is needed to map sources of growth and formulate strategies to achieve a GRDP of IDR 4,000 trillion," Amalia said. Poppy Zeidra, Founder of The Economics 360 & Runway Project Indonesia, explained that this forum provides a strategic space for developing ideas across stakeholders. "Economics 360 is a platform for formulating measurable and data-driven steps to accelerate the West Java economy," she said. The forum involved the Financial Services Authority (OJK), Bank Indonesia, the West Java Provincial Government, Bank BJB, HIPMI (Indonesian Student Association), academics, and business actors. This synergy is aimed at: strengthening the investment ecosystem, encouraging MSMEs to upgrade, opening new job markets, and ensuring West Java's economic growth reaches the 8 percent target as part of the Golden Indonesia 2045 vision. [SOURCE]

Jan, 05 2026

Reaching IDR 10.78 Trillion, Ciayumajakuning Investment Realization is Back in Control of This Sector

Bisnis.com, CIREBON - Bank Indonesia of Cirebon Representative noted that investment realization in Cirebon, Indramayu, Majalengka and Kuningan (Ciayumajakuning) reached IDR 10.78 in 2023. Head of Bank Indonesia of Cirebon Representative, Hestu Wibowo, said that during 2023 the realization achieved would be 85.2%. "The 2023 Ciayumajakuning investment target of IDR 10.78 trillion contributes 5.74% to the West Java investment target," said Hestu in Cirebon City, Tuesday (2/1/2024). Investment in Ciayumajakuning is still dominated by the mining sector at 45.91%. Others are the food crop and plantation sectors; non-metallic mineral industry: as well as trade and repairs. Based on Bank Indonesia records, there are four companies in Ciayumajakuning that control investment in the eastern region of West Java. The four companies are, PT Kilang Pertamina Internasional (KPI) RU VI Balongan Indramayu, PT Polytama Propindo, PT Taekwang Indonesia, and PT Sido Agung Agro Prima. PT KPI RU VI Balongan invested IDR 17.18 trillion (2022-2027), PT Polytama Propindo IDR 5.03 trillion (2022-2025), PT Taekwang Indonesia IDR 42.8 billion (2022-2025), and PT Sido Agung Agro Prima IDR 83 billion (2022-2023). The Cirebon Regency Capital Investment and One-Stop Integrated Services Service (DPMPTSP) said that by the third quarter of 2023, investment realization in Cirebon Regency had reached IDR 2.16 trillion. The regional government is targeting investment realization of IDR 2.9 trillion by December 31, 2023. "We are optimistic that the investment realization of IDR 2.9 trillion can be achieved. Last year alone, the realization reached IDR 2.8 trillion. "This figure exceeds the target of IDR 2.67 trillion," said Head of DPMTSP Cirebon Regency, Dede Sudiono. According to DPMPTSP records, the electricity, gas and water sectors have again become one of the largest contributors to investment realization in Cirebon Regency. This sector has been a contributor to investment for the last 10 years. In that period, the electricity, gas and water sectors contributed IDR 917.9 billion “This sector has proven to contribute greatly to the investment process. "In fact, it beats the leather goods and footwear industry," said Dede. (SOURCE)

Jan, 22 2024

Waging system in West Java will be the International Standar

Caption: West Java Governor Ridwan Kamil chaired a Joint Leadership Meeting of the Provincial Regional Government OPD (Pemdaprov) in Gedung Sate, Bandung City, Monday (12/8/19).BANDUNG CITY--Provincial Government in West Java staged meetings with labor organizations of the UNITED NATIONS, namely the International Labour Organization (ILO) to discuss waging system in West Java.West Java Governor Ridwan Kamil led directly the meeting attended by the head of the region and head of the Department of Labor of the 27 district/city at Gedung Sate, Bandung, Monday (29/7/2019). In the meeting, the ILO proposed that labour waging system in West Java using international standards. This is to minimize the difference between the wages in each region, justice, labour and make more prosperous, as well as keeping investors from being moved out of West Java."The results of this meeting we will make waging system and justice in accordance with international standards so as can be keep the quality of economic of Jabar, prosperous laborers, also no investors who went out West," said Ridwan Kamil.Emil ? so Ridwan Kamil familiar accosted ? says there are currently 140 investors who cover and moved out West. "Almost all of the reason for that is because high wages," Emil added.According to Emil, waging system is decentralized (policy submitted to each head of District/City) participated and influenced the difference value of wages. Examples of significant difference i.e. UMK Pangandaran ($ 1, 6juta) and Karawang ($ 4.2 million)."Waging System we ' decentralized, head of the area given over to the second level, this also highlighted the ILO as it makes subjectivity difference in waging its value too much," said Emil.Next, technical system international standard would waging discussed the ILO together with the head of Department of labor in Jabar. In this meeting, any hope the industry type Emil each area in West Java will be uniformed into one type of business. "Suppose that in the manufacturing industry, specific West in Central Java textiles, making it clear what type of bankruptcy every province, because of its diversity of industry in one region has also been the cause of its diversity of wages," said Emil ended.----------------------------------HUMAS JABARHead of the Public Relations and Protocol Bureau of the Regional Secretariat of West Java Province Hermansyah

Aug, 16 2019

Investments to West Java Soared 36.34 Percent YoY in Q3 2025

Investments in West Java Province soared by 36.34 percent year-on-year (YoY), increasing from Rp56.57 trillion in the third quarter (Q3) of 2024 to Rp77.13 trillion in Q3 2025, according to data from the Investment and Downstream Ministry/Investment Coordinating Board (BKPM). This figure accounted for about 15.7 percent of Indonesia’s total national investment realization during the period, making West Java the province with the highest investment realization in Indonesia. The Head of the West Java Investment and One-Stop Integrated Services Office (DPMPTSP), Dedi Taufik, stated that the investment realization in Q3 2025 demonstrates West Java’s continued strong attractiveness as a destination for both domestic and foreign investors. “Investor confidence in West Java remains high. A welcoming business climate, infrastructure support, and accelerated licensing services continue to be key factors in maintaining this positive momentum,” Dedi said on October 18, 2025. Domestic investment recorded a 74.33 percent increase, rising from Rp41.8 trillion in Q3 2024 to around Rp41.8 trillion in Q3 2025, while foreign investment grew 8.42 percent YoY, increasing from Rp32.6 trillion in Q3 2024 to approximately Rp35.3 trillion in Q3 2025. West Java ranked first nationally in foreign investment realization, contributing 16.7 percent of total foreign investment in Indonesia during Q3 2025. Major foreign investors came from Japan, Singapore, and the Hong Kong Special Administrative Region, primarily investing in the manufacturing, trade, information and communication, and real estate sectors. Dedi also explained that employment generated from increased investment grew 4.45 percent YoY, from 290,545 workers in Q3 2024 to 303,469 workers in Q3 2025. Of the total jobs created, 175,385 came from domestic investment, while 128,084 came from foreign investment. “This investment figure is expected to continue increasing with the entry of new investments in various industrial areas such as Rebana, Bekasi, and Greater Bandung,” he added. Meanwhile, Investment and Downstream Minister / BKPM Head Rosan Roeslani stated that Indonesia’s total realized investment reached Rp491.4 trillion in Q3 2025. “West Java was the region with the highest investment realization in Q3 2025,” Rosan confirmed, as reported on the official West Java Provincial Government website. The Special Capital Region of Jakarta (DKI Jakarta) ranked second, followed by Central Sulawesi, Banten, and East Java. Rosan also noted that Q3 investment realization was higher than in Q1 and Q2, which recorded Rp465.2 trillion and Rp477.7 trillion respectively. As a result, Indonesia’s total investment realization from January to September 2025 reached Rp1.43 quadrillion. [Source]

Mar, 10 2026

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