Jakarta, The Indonesia Post – Indonesian Vice President Ma’ruf Amin targets Indonesia’s sharia economic and financial literacy to reach 50 percent compared to the current position of 23.3 percent.
“I believe that, with Indonesia’s enormous potential, these figures can be increased, in fact, Indonesia’s sharia economic and financial literacy in the future must be able to reach at least 50 percent,” said Ma’ruf when delivering a speech at the 6th National Conference of the Sharia Economic Community (MES) in Jakarta, Sunday.
Ma’ruf said that as sharia economic and financial literacy increases, the acceptance and use of sharia economic and financial products by the public will also increase. This will increase the contribution of the sharia economic and financial sector to the national economy.
According to Ma’ruf, currently the sharia economic and financial literacy level of 23.3 percent is not ideal. This literacy level also influences the sharia financial market share in Indonesia, which is only around 10.9 percent.
Ma’ruf emphasized that Indonesia’s sharia economy and finance have made many international achievements to date. He gave an example of Indonesia’s position which continues to increase in global rankings in the sharia financial sector, Muslim-friendly tourism, and others.
Apart from that, said Ma’ruf, Indonesia is also now the third largest shareholder in the Islamic Development Bank (IsDB).
“With this position, Indonesia’s concrete role globally will become stronger, especially through increasing cooperation, providing assistance between member countries, as well as the role of Indonesian human resources in the IsDB,” he said.
For national development, Ma’ruf explained that the existence of sharia economics and finance will also be able to encourage the achievement of the Vision and Mission of Golden Indonesia 2045, especially through the pillars of sustainable economic development and equitable development.
So far, said Ma’ruf, the support of sharia economics and finance towards MSMEs and small communities has been proven, among other things, by the growth of various sharia financing, such as through BMT, Islamic boarding school cooperatives, and others.
“Therefore, I often say that the contribution of sharia economics and sharia finance to the national economy must continue to be increased. At least we must focus on targeting two key factors, namely literacy and market share,” he said. (mhn/bbs)
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