Potensi Perkembangan Pasar Modal Syariah di Indonesia sebagai Tujuan Investasi Generasi Muda

Abstrak

The Islamic capital market in Indonesia has shown positive development, particularly in the sectors of Islamic stocks and sukuk/Islamic bonds. This study examines the potential of the Islamic capital market as an alternative investment for the younger generation, focusing on the growth of Islamic stocks, sukuk, and Islamic mutual funds. The research employs a qualitative descriptive method with a literature review approach, utilizing relevant books, articles, journals, and news sources. The data reveals that, despite a decline in the number and value of Islamic mutual funds, the Islamic Stock Index (ISSI) and the market capitalization of government sukuk demonstrate stable growth. Interest among the younger generation, especially those under 30, has significantly increased, largely driven by advances in technology and improved financial literacy. These findings underscore the importance of enhancing financial literacy and information access to attract more young investors to the Islamic capital market. Despite challenges such as the decline in Islamic mutual fund values, the Islamic capital market has substantial potential to contribute to economic growth and infrastructure development in Indonesia. The study recommends strategies to improve financial literacy and facilitate access to the Islamic capital market to leverage the potential of the younger generation and enhance overall growth in the Islamic capital market.