Flooring Guide by Cinvex MEDAN – The Indonesia Stock Exchange (IDX) has recorded a significant surge in the number of sharia stock investors over the past five years, reflecting a growing interest in Islamic finance within the nation’s capital markets.
Highlighting this impressive growth, IDX Development Director Jeffrey Hendrik announced that as of October 2025, the total number of sharia stock investors reached 207.8 thousand. This represents a remarkable 142% increase from 2020, when the figure stood at 85,891 investors. Notably, North Sumatra has emerged as a key contributor to this expansion, with 6.2 thousand, or 2.9%, of these sharia investors hailing from the province.
Jeffrey shared these figures during the Medan Sharia Investor City (MAINSTORY) 2025 event held in Medan on Friday, November 21, 2025. This substantial increase solidifies North Sumatra’s position as one of the provinces boasting the highest number of sharia stock investors currently. According to data from the Indonesia Central Securities Depository (KSEI) as of September 2025, North Sumatra’s capital market investors totaled 774.6 thousand, managing assets worth Rp 9.82 trillion. Interestingly, the majority of these investors in North Sumatra are from the younger generation.
Jeffrey explained that organizing MAINSTORY 2025 is a strategic effort to accelerate the growth of sharia capital market investors, particularly in regional areas. This important initiative is a collaborative endeavor between PT IDX, PT Indonesia Clearing and Guarantee Corporation (KPEI), and PT KSEI, with strong support from the Financial Services Authority (OJK).
Further emphasizing the event’s importance, Khoirul Muttaqien, Head of OJK North Sumatra, stated that MAINSTORY serves as a tangible manifestation of collective synergy aimed at strengthening the sharia capital market ecosystem and fostering more inclusive investor growth. He expressed optimism that MAINSTORY would become a vital platform for enhancing public understanding of the sharia capital market and encouraging the emergence of new, intelligent, and sustainable investors.
“Furthermore, it aims to reinforce North Sumatra’s role as a region with immense potential for the development of the sharia capital market,” Khoirul Muttaqien remarked during the same event. The Medan Sharia Investor City 2025 agenda featured several key activities, including an awards ceremony recognizing stakeholders in Indonesia’s sharia capital market. During this event, North Sumatra was honored with the prestigious ‘Sharia Investor Province’ award from the IDX, which was personally accepted by North Sumatra Governor Bobby Nasution.
The event also hosted an insightful talk show titled ‘Diversify Your Portfolio the Sharia Way’. The panel of distinguished speakers included Dimas Yusuf, Investment Director at Sucorinvest Asset Management; Annisa Steviani, a renowned Financial Planner; and Dian Permatasari, a prominent Sharia Investor and founder of the Komunitas Trader Pemula (KTP).
Summary
The Indonesia Stock Exchange (IDX) has recorded a significant 142% surge in sharia stock investors over the past five years, reaching 207.8 thousand by October 2025, up from 85,891 in 2020. This growth reflects a strong interest in Islamic finance within the nation’s capital markets. North Sumatra emerged as a key contributor, accounting for 6.2 thousand of these investors and solidifying its position as a leading province for sharia investing.
These figures were announced by IDX Development Director Jeffrey Hendrik at the Medan Sharia Investor City (MAINSTORY) 2025 event, a strategic initiative to accelerate sharia capital market growth. MAINSTORY, a collaboration between IDX, KPEI, KSEI, and OJK, aims to strengthen the sharia capital market ecosystem and promote inclusive investor growth. During the event, North Sumatra was honored with the prestigious ‘Sharia Investor Province’ award from the IDX.