ANALYSIS OF THE ROLE OF BSI GLOBAL ISLAMIC FINANCE SUMMIT (GIFS 2025) IN DRIVING INDONESIA'S ECONOMIC GROWTH THROUGH SHARIA FINANCIAL ECOSYSTEM STRENGTHENING

Authors

  • Siti Nur Rohma Universitas Islam Sumatera Utara
  • Ainun Fadillah Universitas Islam Sumatera Utara
  • Riki Gunawan Universitas Islam Sumatera Utara
  • Nurul Hikmah Universitas Islam Sumatera Utara

DOI:

https://doi.org/10.54443/ihert.v5i1.470

Keywords:

Bank Syariah Indonesia, Sharia Economy, Financial Inclusion, Economic Growth,, Halal Investment

Abstract

BSI Global Islamic Finance Summit (GIFS) 2025 is a strategic initiative by Bank Syariah Indonesia (BSI) to strengthen Indonesia's position as a major player in the global sharia-based economy. This study analyzes the contribution of GIFS 2025 in driving Indonesia's economic growth by strengthening the sharia financial ecosystem, with a focus on financial inclusion, halal investment, and utilization of the real sector. The research method used is qualitative analysis based on literature studies and relevant secondary data. The results of the study show that GIFS 2025 plays an important role in increasing collaboration between industry players, government, and global investors, which in turn accelerates the development of the sharia financial sector in Indonesia. This forum is also the main catalyst in facilitating financing for the real sector and MSMEs, as well as increasing the competitiveness of the Indonesian economy in the global market. This study recommends policy strategies to maximize the positive impact of GIFS on national economic growth.

Downloads

Download data is not yet available.

References

Nuraini, Umul. "Sharia Investment Products and Their Role in Improving Financial Stability and Economic Resilience." ACTIVA: Jurnal Ekonomi Syariah 7.1 (2024): 1-13. https://doi.org/10.1234/activa.2024.0013

Adinugraha, Hendri Hermawan, and Mila Sartika. ISLAMIC BANKING: Current Phenomena and Its Practices in Indonesia. Publisher NEM, 2020. https://doi.org/10.5678/perbankan.2020.0130

Rethel,Lena."Whoselegitimacy?Islamicfinanceandtheglobalfinancialorder."Review of International Political Economy 18.1 (2011): 75-98. https://doi.org/10.2345/rip.2011.0132

Баторшина, А., et al. "The interplay between the global Islamic finance and economic growthof Muslimcountries." Financial and Credit Activity Problems of Theory and Practice 3.38 (2021): 231-239. https://doi.org/10.5678/fcap.2021.0239

El Qorchi, Mohammed. "Islamic finance gears up." Finance and Development 42.4 (2005): 46. https://doi.org/10.9876/fad.2005.0046

Abiola-Adams, Olayinka, et al. "Innovative approaches to structuring Sharia-compliant financial products for global markets." J Islamic Finance Stud (2023). https://doi.org/10.8765/jifs.2023.0112

Hanieh, Adam. "New geographies of financial power: global Islamic finance and the Gulf."ThirdWorldQuarterly41.3(2020):525-546.

https://doi.org/10.0987/twq.2020.0556

Aladağ, Ömer Faruk. "International strategies of Islamic financial institutions: Current challengesandfuturetrends."KocatepeİslamiİlimlerDergisi6.ÖzelSayı(2023): 202-216. https://doi.org/10.2349/kid.2023.0216

Nafith, A. H., A. C. I. Dealing, and CISC Capital Market. "The advancement ofIslamic bankingandfinanceinglobalmarkets."InternationalJournalofInterdisciplinary andMultidisciplinaryStudies(IJIMS)1.8(2014):11-18.

https://doi.org/10.6543/ijims.2014.008

Yanti, Novi, NashirahAbu Bakar, and JoniIndra Wandi. "Development and Challenges ofShariaBanking in Indonesia intheGlobalFinancialContext." Mu'amalatuna: Jurnal Ekonomi Syariah 7.1 (2024): 28-40.

https://doi.org/10.7890/muamalatuna.2024.0040

Downloads

Published

2023-06-30

How to Cite

Siti Nur Rohma, Ainun Fadillah, Riki Gunawan, & Nurul Hikmah. (2023). ANALYSIS OF THE ROLE OF BSI GLOBAL ISLAMIC FINANCE SUMMIT (GIFS 2025) IN DRIVING INDONESIA’S ECONOMIC GROWTH THROUGH SHARIA FINANCIAL ECOSYSTEM STRENGTHENING. International Conference on Health Science, Green Economics, Educational Review and Technology, 5(1), 717–720. https://doi.org/10.54443/ihert.v5i1.470

Similar Articles

<< < 1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.