Present Syariah Investment Experience To Next Level, Check Out Stockbit And Bibit Initiatives

JAKARTA - The leading digital investment platform in Indonesia, Bibit.id and Stockbit, shows its commitment to advancing the Islamic financial sector in Indonesia, especially in capital market investment.

Data shows that more than a million investors in Bibit have activated the Sharia feature, which allows them to invest exclusively in instruments that match Sharia. In addition, a strong interest in Syariah investment is clearly seen, with more than 50 percent of Bibit users holding Syariah investment products in their portfolio. On the product side, 30 percent of the mutual fund offerings available on Bibit are Syariah products.

Sharia Investment in Bibit and Stockbit has shown a consistent upward trend from year to year. Responding to this growth, the company has introduced several innovative features to improve security and convenience in investing in Islamic investment products, "explained William, PR & Corporate Communication Lead Bibit and Stockbit.

In terms of features, after previously investors were able to take advantage of Jago's Customer Fund Account (RDN) for investment in Bibit and Stockbit, now the platform offers a better Sharia investment experience with RDN Jago Syariah. RDN Jago Syariah allows investors to invest easily in various asset classes, including Syariah mutual funds, Sharia SBN, and Syariah shares.

RDN Jago Syariah can be used as a payment method for investment in SBN Syariah. In addition, there is now a new feature that can notify all investors using RDN Jago Syariah if there are Syariah shares in its portfolio that are removed from the Sharia index," added William.

William explained, throughout 2024, Bibit became SBN Distribution Partner with the highest number of new SBN investors. Thanks to this achievement, Bibit was named the only fintech category SBN distributor Partner who received an award from the Ministry of Finance of the Republic of Indonesia in 2024. The award includes the Best Retail SUN Distribution Partner 2024 Fintech Category and Best Retail BSN Distributor Partner 2024 Fintech Category.

In terms of community collaboration, Bibit has organized various educational sessions with the sharia investment community, including cooperation with the State Islamic University (UIN) Sultan Maulana Hasanuddin (SMH) Banten and a pesantren in Demak, Central Java. Meanwhile, to expand public awareness and education about sharia investment, Stockbit has established several Investment Gallerys to intensify capital market education and literacy efforts. This initiative is focused not only on Java but also on reaching people outside Java.

Several Stockbit Investment Gallerys are the result of collaboration with PT Mega Harapan Mulia (Class.com), Lambung Mangkurat University, Antasari State Islamic University Banjarmasin, SMA Negeri 13 Banjarmasin, SMA Negeri 3 Banjarmasin, SMAN 1 Narmada Lombok, Pattimura University Ambon, SMK Al-Wathan Ambon, SMA Kartika XIII-1 Ambon, SMA Negeri 4 Ambon, SMA Negeri 14 Ambon, and SMA Negeri 10 Ambon.

We really appreciate the support of the Indonesia Stock Exchange (IDX), especially its regional offices in West Nusa Tenggara, South Kalimantan, and Maluku. In the future, we welcome the opportunity to collaborate with other regional offices. On the other hand, the Financial Services Authority (OJK) has launched the Roadmap for the 2023 2027 Indonesian Capital Market which targets more than 20 million Single Investor Identification (SID) in 2027. Various innovations and initiatives made by Stockbit and Bibit are aligned to support the achievement of these goals," concluded William.