"Saksikan tayangan kami Official Youtube IDX Channel di Program Market Buzz, Rabu (12/02/2025) dengan tema Mengulik Potensi Perbankan Digital Syariah di Indonesia".
Category
📺
TVTranscript
00:00Thank you, Mr. Mirsa, for coming back with us in MarketBuzz and in about 10 minutes we will see the opening of the first trading session.
00:11Five days in a row, IHSG is weakening, Mr. Mirsa. IHSG is weakening to level 6,500.
00:17Marketers seem to wait and see in the midst of waiting from the chairman of the FED or Jerome Powell.
00:23Then there is the infrastructure and energy sector, Mr. Mirsa, which was the main burden of IHSG yesterday.
00:28Down, Mr. Mirsa, by 3% and also 4%.
00:32It is the brand share, and Mr. Mirsa's intention to become the burden of IHSG again with a weakness of 9.4% and 19%.
00:40That's it, Mr. Mirsa, we move on to the economic agenda, which may also be a concern.
00:45There is a holiday in Thailand, then Indonesian retail sales in December and year-on-year,
00:50the addition of foreign capital in the Philippines, and there is the IHK India.
00:54Meanwhile, from the United States, it is quite crowded.
00:56There is the United States IHK India in January, the inventory of US crude oil,
01:01monthly reports from OPEC, crude oil stocks, weekly reports from APA,
01:06then the short-term energy prospects and the data of the FOMC Bowman members.
01:11Then from Europe, the data will be followed by Elderson, which is part of the Central Bank of Europe.
01:19We go to the agenda, Mr. Mirsa, RUPS from ASMI and there is also MCOT.
01:24Updates from the Asian Stock Exchange, which can be an indicator of trade opening at 9 o'clock,
01:28at the time of West Indonesia, Mr. Mirsa, all stocks are moving in a positive territory.
01:32We can see on the screen where the strength of the Asian Stock Exchange is led by an index from the Hong Kong area,
01:39namely Hang Seng, which rose above 1%.
01:42Mr. Mirsa, the share price of Sharia in Indonesia is predicted to grow positively in 2025,
01:58and this development can be seen from the 2024 performance which is resilient and also solid.
02:03For that, the projection of the growth of Sharia financing is quite optimistic,
02:07and it is estimated that it can reach 713 trillion rupiah or increase by about 12% compared to the previous year.
02:14However, in facing this opportunity, Sharia banks in general are still considered less innovative in creating competitive financial products
02:22compared to conventional banks. Here is the information.
02:27Sharia financing in Indonesia is predicted to grow positively in 2025.
02:36This can be seen from the energy last year, which was able to be carried out well,
02:40amidst various global and domestic dynamics that are quite challenging.
02:44Starting from the rise of global geopolitical tensions, fluctuations in the business and financial sectors,
02:50as well as the replacement of the head of government both in Indonesia and the United States.
02:57Based on the data of the Indonesian Sharia Bank, or ASBI Sindo, in 2024,
03:02the prospect of global Sharia financing assets reached US$2,580 billion,
03:08up by 8.82% annually.
03:11This increase is higher than the previous year, which is 5.47% year-on-year.
03:19So how about the national standard?
03:24In terms of the Sharia finance sector, it is also able to grow well,
03:28starting from assets, the accumulation of funds of the third party,
03:31the distribution of financing, as well as the increase in services.
03:35The growth of Sharia finance is solid and resilient,
03:38at least reflected in the achievements of PT Bank Sharia Indonesia Tbk,
03:42which is the leader of the market in Indonesia.
03:45BSI recorded a clean growth of around 23% throughout 2024,
03:51to become 7.01 trillion rupiah.
03:56Along with this continuous positive energy,
03:59the projection of Sharia financing growth is also optimistic,
04:02which is estimated at 713 trillion rupiah,
04:05up 12.4% compared to the previous year.
04:10In facing this opportunity, innovation is the key word,
04:13especially Sharia banks are generally considered less innovative
04:17in creating competitive financial products,
04:20compared to conventional banks.
04:23Various sources of IDX Channel
04:30That's it for today.
04:31We will look at the potential of Sharia digital banking in Indonesia.
04:34To discuss it is already present with us in the IDX Channel studio,
04:37there is Mr. Koko Catur Rahmadi,
04:40President Director Bank Aladin Sharia.
04:43Good morning, Mr. Koko. How are you?
04:45Good morning, Mrs. Trisha.
04:46Thank you very much for being here.
04:47Good morning.
04:49It's bright this morning.
04:50It's bright this morning.
04:51I hope...
04:52The economy in the future will also be bright.
04:54Amen, amen.
04:56This is already at the moment of the release of the financial report from the bank.
05:01Many of them are still growing, but tend to slow down.
05:05If we talk about Sharia,
05:07as it has been stated in 2024,
05:09the growth is quite significant.
05:11But what is the opportunity like in 2025?
05:15Good morning, Mrs. Trisha.
05:18The opportunity of Sharia banking in 2025.
05:21Coincidentally, yesterday in the industry,
05:24we had a meeting with OJK
05:27for the entire financial industry,
05:30both banks and KMP.
05:32There were words from Mr. OJK Chairman,
05:35Mr. Mahendra, who is our advisor in the industry,
05:39that in 2025, we are still optimistic, but cautious.
05:43Why cautious?
05:45Of course, it has more to do with global geopolitics.
05:49We have to be cautious.
05:51But from within the country, we are optimistic to continue to grow.
05:55Not only enough with optimism and caution,
05:59in Sharia banking, we also prepare three pillars.
06:05In short, it's a KISS.
06:07KISS.
06:08First, we need to collaborate.
06:11Not only enough with optimism,
06:13but we need to collaborate.
06:17The second is,
06:18this is the most important, according to the language we use,
06:21innovation.
06:22Innovation.
06:23Because it has been said that
06:25in terms of products and services, we are still far away.
06:28Because the age of Sharia banking is only around 1990.
06:32Compared to conventional banks.
06:34Compared to conventional banks, we are still far away.
06:36Then, the third pillar is synergy.
06:39We at Sharia,
06:40the collaboration and innovation of synergy will be the main engine
06:45to ensure that the growth,
06:47let's say, yesterday,
06:49was reported at around 9% to 11% in 2025.
06:55The increase.
06:56The increase.
06:57Then, the third pillar is around 6% to 7%.
07:00This is specific to...
07:02Banking.
07:03Let's talk about the industry.
07:05Usually, after COVID-19,
07:08in the last three years,
07:09Sharia banking has increased compared to conventional banks.
07:14There are two reasons.
07:15First, our share is still around 7-8%.
07:19Market share.
07:20Second, it's happening.
07:23The Sharia industry is happening.
07:26So, it's a challenge for us,
07:28industry players,
07:31to ensure that
07:33the momentum happening from Sharia
07:37can be used well.
07:39There are many areas that we can explore.
07:44Like what was said earlier,
07:46why is the product not enough?
07:48Why is the service not like conventional?
07:52We will enter with the concept of synergy collaboration,
07:57which is ecosystem.
07:59Like what was said by the government,
08:02that there are several ecosystems that are our reference
08:06to be a booster for the development of Sharia economy in Indonesia.
08:10The first one is, of course,
08:12Halal system.
08:15Halal fashion.
08:17Then,
08:19Muslim friendly tourism.
08:20Now, this is something that must be addressed,
08:23not only by Sharia players,
08:24but also by friends in the industry,
08:26to ensure that we can enter the ecosystem well,
08:30and operate it well.
08:32Is there any main challenge, Mr. Koko, from this ecosystem
08:35to collaborate?
08:37There was fashion, then tourism, and so on.
08:43The challenge is,
08:45two words.
08:47Literacy and inclusion.
08:50This is what I want to ask.
08:51It's very interesting.
08:53If we look at the last three years,
08:55let's say,
08:58from 2019 to 2024,
09:00if it's a conventional development,
09:03the index for literacy
09:06in 2022 is almost 50%,
09:0949.9%.
09:11Is that the number that meets the target, sir?
09:14This is a check.
09:16It's already happened.
09:17It's not a target, it's already happened.
09:18Inclusion.
09:19Literacy.
09:20Then, in 2024, it increases.
09:22Conventional.
09:23It increases to 65.4%.
09:27Literacy.
09:28Literacy.
09:29Inclusion.
09:30It becomes a customer.
09:32In 2022, it's 74%.
09:34In 2024, it's 75%.
09:36This is conventional.
09:37Conventional.
09:38If we look at Sharia.
09:39What happens in Sharia industry?
09:40This is interesting.
09:43From 2016 to 2022,
09:47the literacy rate is only around 6%,
09:517.98%,
09:538.19%,
09:54until COVID.
09:56This is interesting.
09:58In 2024,
10:00the literacy rate increases to 39%.
10:02This is a very big opportunity
10:04that must be utilized.
10:06Because there are opportunities that can't be utilized yet.
10:08That's the most important thing that's needed
10:10by a number of digital Sharia institutions,
10:12including Al-Adin, sir.
10:14But if we borrow the words,
10:15al-mahrum, al-stimbul,
10:16akan tetapi.
10:17Akan tetapi.
10:18What's the meaning of akan tetapi?
10:19We'll discuss it later, sir.
10:20Okay.
10:21In the next segment,
10:22we have to take a break first, Mr. Mirsa.
10:24We'll continue this special discussion after the break
10:26at the market, sir.
10:28Thank you, Mr. Mirsa, for joining us again.
10:30We'll continue our discussion with Mr. Koko Catur Rahmadi,
10:33President and Director of Bank Al-Adin Sharia.
10:35Okay.
10:36So, when we talk about
10:38banning Sharia in the water,
10:40the literacy rate is very significant, right, sir?
10:43Yes.
10:44The inclusion rate is still low.
10:45At 8%,
10:46the single digit rate, I would say,
10:48is at 39%.
10:50That's an amazing increase
10:52in just one or two years.
10:55But the inclusion rate?
10:56This is the problem, Mrs. Priska.
10:58The inclusion rate.
10:59In 2022, the inclusion rate was around 5.87%.
11:03In 2024,
11:05it was only around 12.88%.
11:08The income is still here.
11:09So, the people already know
11:11what the banning of Sharia is.
11:13Okay.
11:14The banning of Sharia.
11:16Let's say,
11:17we still need to push it further.
11:19What can be done by
11:21Bank Al-Adin Digital Sharia, sir?
11:24Okay.
11:26For Bank Al-Adin Sharia,
11:27we are the first digital Sharia bank in Indonesia.
11:31We see
11:33the challenge of this inclusion is
11:35financial access, Mrs.
11:36Financial access.
11:37We are the only digital Sharia bank
11:41that doesn't have a bank.
11:44Only the customers can access us
11:47in around 25,000 channels
11:50where we collaborate
11:52and synergize with Al-Hamad.
11:55So, if you come to Al-Hamad,
11:57you can find us.
11:58We see that
12:00the access needs to be expanded.
12:02The access of the people,
12:03the access of the customers,
12:04the access of the community
12:05to enjoy the Sharia banking service
12:08needs to be expanded.
12:09Besides, of course,
12:10the literacy that has started to improve
12:12needs to be maintained.
12:13Education, literacy,
12:15to the customers,
12:16to the general public,
12:18then let's try it.
12:21With the collaboration,
12:22various kinds,
12:24what was it, sir?
12:25Collaboration with Al-Hamad, for example.
12:27Actually, the access,
12:28Al-Hamad has really reached
12:30the corners,
12:31you could say,
12:32the corners of the region.
12:33Is it still felt lacking?
12:35For Al-Adin,
12:36maybe it's enough.
12:38But for the Sharia industry,
12:40maybe it's still considered lacking.
12:41Okay.
12:42For Al-Adin, it's enough.
12:43Because until now,
12:45we still have a very large market gap
12:48for the deepening of the market
12:50from the access that we already have.
12:53Okay.
12:54But from the Sharia banking,
12:56of course, this can still be improved.
13:00What other steps can be improved
13:02to expand the access of Sharia banking?
13:04If we talk about
13:07how the customer touch point,
13:10of course, what we think of
13:12is the infrastructure.
13:14Infrastructure.
13:15Indonesia has more than 17,000 islands.
13:19270 million people.
13:25If the infrastructure is physical,
13:29the infrastructure must be expensive.
13:32That's why,
13:33with the industrialization 4.0,
13:38the social economy 5.0,
13:41digitalization,
13:42this is a momentum.
13:44We can do penetration
13:47until the end,
13:48we don't need the physical infrastructure
13:52which is expensive.
13:54That's why we, at Al-Adin Bank,
13:55come with the digitalization approach.
13:57The answer is,
13:59digitalization is the answer and obligation
14:02to ensure that
14:05270 million Indonesian people,
14:09which is said to be 85% Muslim,
14:12more than 200,
14:13can have access to Sharia money.
14:17It should be easier, right?
14:19Easier.
14:20But if we compare conventional
14:22with conventional Sharia,
14:24conventional is still better
14:28because it was established earlier.
14:30This is another one,
14:31between conventional Sharia bank
14:34and Sharia digital bank.
14:36But you are so optimistic
14:38that the advantage in terms of access
14:40will be more useful
14:41and can attract customers
14:45more to the digital.
14:47The development until 2025,
14:49for example,
14:50Al-Adin Sharia digital bank,
14:52which stage has it reached
14:53which is better
14:54than the conventional Sharia?
14:56Until now,
14:58our customers are around
15:01we have 3.3 million customers,
15:04and the active customers
15:06are around 500 thousand something.
15:09What makes us better?
15:11First,
15:12in terms of cost,
15:14when we provide services,
15:16quote-unquote, it's cheaper
15:18because we don't need a physical branch.
15:21That's one.
15:22Second,
15:23in terms of education and literacy,
15:25we can do it faster
15:26because when we campaign,
15:28we really make use of
15:32Facebook,
15:34IG.
15:35It's digital.
15:37But I also have to thank
15:38IDX for inviting me today
15:40so that I can tell that
15:42digital is not as scary as imagined.
15:44This also increases literacy.
15:46Literacy too.
15:47This is part of literacy.
15:49Let's boost the inclusion.
15:51Let's boost the inclusion
15:53by joining to...
15:55Collaborate.
15:58And of course,
15:59it's our job to innovate
16:01in terms of products and services.
16:03Okay, sir.
16:04For example,
16:06I'm from conventional banking.
16:09So that I'm interested in digital.
16:11What are the offers, sir?
16:13One, it's easy.
16:15It's easy.
16:16Later, you can try in Aladin.
16:19To open an account in Aladin,
16:22you don't need to stand in this chair.
16:26The important thing is,
16:28the phone has an internet package.
16:31There's KTP,
16:33Java, and so on.
16:35That's it.
16:37But what if it's also done
16:40by conventional banks,
16:42not Sharia?
16:43It's already started.
16:44But the advantage is,
16:45because this is Sharia,
16:46what will the competition be like, sir?
16:49Between conventional banks first,
16:51about digital.
16:53Coincidentally, I'm also associated.
16:55If we're associated,
16:57it's actually quite quiet.
16:59Quite quiet.
17:00And we've discussed that
17:02we have a locomotive.
17:04In this case, there's PSI
17:06which will be our engine
17:08to attract the industry faster.
17:10It's not competitive,
17:12but parallel to conventional.
17:14Okay.
17:15Why do I say parallel?
17:17The Indonesian market is very large.
17:19Very large.
17:21We don't need to compete with each other.
17:24There must be a segment.
17:26Especially Sharia.
17:27Because,
17:28270 million people,
17:3085% of them are Muslims.
17:32Okay.
17:33But,
17:34it takes time,
17:36energy,
17:38synergy,
17:39collaboration,
17:40and for us, innovation.
17:41Yes, because the inclusion is still quite low
17:43compared to...
17:44Conventional.
17:45Yes.
17:46Conventional has 75%.
17:47But if we're talking about Sharia?
17:4912.88%.
17:51That's why there's no need to compete.
17:53It's the same.
17:54Between Sharia,
17:55especially digital,
17:56to attract the industry,
17:58which is still very large.
17:59For Muslims in Indonesia,
18:01it's also significant.
18:02Okay.
18:03But,
18:04if we're talking about the main challenge
18:05of Aladdin in digitalizing his finances,
18:07and Sharia in Indonesia,
18:09aside from the inclusion issue,
18:12which should be an opportunity,
18:14is there anything else, sir?
18:15In terms of the cost,
18:17or anything else?
18:18The cost, of course.
18:20But the most important thing
18:22is in terms of changing the playground.
18:25I've been in the industry for almost 30 years, sir.
18:27Maybe 20 years ago,
18:29if we were bankers,
18:31our competitors were banks A, B, C, X.
18:34But now, it's different.
18:36The competitive landscape is different.
18:38Our competitors are not just banks.
18:41There are other institutions,
18:43which are not banks,
18:45which can serve,
18:47exactly like a bank transaction
18:49that the community needs.
18:51That's our challenge.
18:52But this doesn't make us feel small,
18:55but it makes us more motivated.
18:57If necessary,
18:58our competitors should collaborate,
19:00and synergize,
19:01so that
19:02we can be a homegrown in this country
19:04for various Sharia.
19:05Collaboration, innovation, and synergy.
19:07KISS.
19:08Aladdin will launch his savings in 2025, sir.
19:12Can you explain more
19:14about this product,
19:15and what are its advantages
19:17compared to other services in the market?
19:20In terms of Hajj,
19:21what we have is vanilla.
19:23A vanilla product.
19:24The advantage we have is access.
19:27Customers can access
19:29almost 25,000 Al-Famad, Al-Famidi,
19:32Lawson, and Dan-Dan.
19:34But,
19:36I will focus more on the Hajj savings.
19:39Why Hajj savings?
19:41The fact is,
19:43Hajj queues that have been registered,
19:46that already have a seat,
19:47is around 5.4 million.
19:495.4 million in the queue, sir.
19:53This year,
19:54if I'm not mistaken,
19:56our quota is 221,000.
19:58If I'm not mistaken, it's 221,000.
20:00If we divide it,
20:02how many years?
20:06That's a long time to divide it, sir.
20:08So, what's the innovation?
20:10Before we talk about innovation,
20:12we need to talk about
20:14the fact that
20:17the demand for Hajj is big.
20:19Finally, the Al-Azhar people
20:22entered the Hajj savings.
20:26Where does the queue go?
20:28The queue is,
20:30in Jemaah, sometimes it takes a long time,
20:34Umrah.
20:36When COVID-19 is over,
20:38in one year, it's around 1.5 million.
20:41I was surprised yesterday,
20:43I asked my team,
20:44how much was the Umrah last year?
20:46Can you guess?
20:48It's hard to guess, sir.
20:502.9 million.
20:52And the latest?
20:54This year, it's 2.4 million.
20:56So, it turns out that
20:58those who register for Hajj,
21:00wait, and if they have funds,
21:02they will go to Umrah.
21:04We, Al-Azhar, are here
21:06with the Hajj savings
21:08that we combine
21:10with Umrah
21:12for a specific ecosystem.
21:14Let's do Umrah with us,
21:16with Al-Azhar,
21:18while waiting for the call for Hajj.
21:20That's what we do in Al-Azhar, sir.
21:22Okay. Are there any other
21:24outstanding products, Mr. Koko?
21:26Then, what do you want to say to the viewers
21:28about the importance of choosing a service
21:30that sacrifices digital sharia?
21:32The most important thing is
21:34when the viewers make transactions with digital services,
21:36make sure
21:38that the products and services
21:40are received by the viewers
21:42in accordance with their needs.
21:44Secondly, understand the risks.
21:46And thirdly,
21:48if you don't know it, don't waste it.
21:50So, try to make
21:52digital bank transactions.
21:54Okay. Good luck.
21:58But before that, I'd like to invite you
22:00and the viewers at home.
22:02Let's update the position of the price index
22:04by combining the time shown,
22:069 o'clock, more than 12 minutes,
22:08the price of PEMIRSA increased by almost 1%.
22:10There is a reversal
22:12at IDR 6,584
22:14with the exchange rate of USD
22:16of PEMIRSA also increased
22:18at IDR 16,359.
22:20I'd like to say a little about the stocks
22:22that became the top gainers this morning.
22:24Among them are RAM, CLEO,
22:26BRRC. But if we talk about
22:28stocks whose transaction value is quite significant,
22:30there is BBRI,
22:32although it is not too significant,
22:34at 0.25% at IDR 4,020.
22:36Then there is BANG MANDIRI,
22:38CUAN, TELCOM,
22:40PTRO, there is BRANK at PEMIRSA,
22:42RAJA, those are some stocks
22:44that became the top gainers.
22:46And there is ISAT
22:48this morning,
22:50the transaction value of IHSG
22:52was opened in positive territory
22:54and tried to rise to IDR 6,600.
23:00Mr. Koko, thank you very much
23:02for the information.
23:04We will continue to discuss Sharia,
23:06especially Al-Adin Digital Sharia.
23:08See you again.
23:10Most importantly, stay positive.
23:12We will keep you updated.