Investors in Indonesia’s Islamic Capital Market Grew by 25% YoY in 2020 Despite COVID-19: OJK

According to the 2020 Islamic Financial Report by Indonesia’s Financial Services Authority (OJK), issued on the 6th of July 2021, the number of investors using SOTS (Islamic Online Trading System) showed a 25.21% year-on-year (YoY) increase to 85,891 investors at the end of 2020.

Why it Matters?

This increase was amidst the volatility created by the ongoing pandemic and was largely a result of socialisation and innovation activities carried out by the OJK and other connected stakeholders. The main focus of these activities was aimed at increasing literacy in relation to the Islamic capital market. Activities in 2020 included social media campaigns and webinars targeted at reaching a wider audience.

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