Bank Muamalat And OJK Agree To Improve Islamic Financial Literacy Through Digital

Illustration (Photo: Doc. Muamalat)

JAKARTA - PT Bank Muamalat Indonesia and the Financial Services Authority (OJK) have agreed to make a breakthrough to improve financial literacy, especially sharia, by using multimedia and digital approach.

Bank Muamalat President Director, Achmad K. Permana, said this synergy step was an effort to educate the public as well as to grow the sharia economy in Indonesia.

"We believe that the digital approach in improving financial literacy is the most relevant and effective thing at this time", he said at the National Seminar entitled Islamic Financial Literacy in the Digital Era and the Launching of the Sharia Literacy Movement (Geulis), quoted Monday, August 30.

Permana added that the responsibility for building a comprehensive financial understanding is a shared task. For this reason, strategic collaboration with OJK is one of the strategies to achieve literacy goals in society.

"Improving financial literacy is not just homework from regulators, but must involve all parties who are stakeholders in this industry," he said.

On the same occasion, the Executive Director of the Muamalat Institute, Anton Hendrianto, said that his party was encouraging increased literacy through an increasing interest in reading. He said Islamic financial literacy in Indonesia is still quite low.

"We want to grow literacy with innovative content in discussing Islamic economics and finance easily and can also add to the treasures of reading materials in Community Reading Parks (TBM) spread across Indonesia", he said.

According to Anton, the development of TBM is a form of collaboration with the National Library to improve public understanding of the economy and finances.

"God willing, we will continue to be committed to supporting sharia literacy by synergizing with all parties in the sharia ecosystem", he said.

Similarly, the Director of Financial Literacy and Education at OJK, Horas Tarihoran, said that his party appreciated the initiative carried out by Muamalat. According to him, although the potential for sharia is high, the financial inclusion index is low and financial literacy is also low.

“We hope that in the future, not only Bank Muamalat can do this positive thing, but all parties can participate. OJK considers that literacy is very important so that people understand, so we first educate the public, then we sell products", concluded Horas.