Islamic Stocks Fun Facts

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ISLAMIC STOCKS

PERFORMANCE

ISCMD2023 1
TOTAL EQUITY
INVESTORS Local investors are market leaders.

OWNERSHIP TRADING VALUE

32% 31% 25% 33%


43% 37% 37%
52% 52% 49% 46% 46%

68% 69% 75% 67%


57% 63% 63%
48% 48% 51% 54% 54%

2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023

DOMESTIC FOREIGN

ISCMD2023
TOTAL EQUITY
INVESTORS
retail investors are market leaders.

OWNERSHIP TRADING VALUE

32% 31% 25% 30% 33%


43% 37%
52% 52% 49% 46% 45%
19%
21% 23%
27% 31% 29%

40% 35% 42%


37% 37% 38% 56%
48% 47%
36% 37% 38%
11% 11% 13% 14% 20% 15%

2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023

retail Institution (domestic) Institution (foreign)

ISCMD2023 3
‘‘ ISLAMIC STOCKS
DEVELOPMENT
GROWTH OF
ISLAMIC STOCKS
14% 14%
NUMBER OF ISLAMIC STOCKS
total stocks islamic stocks

710
766 802
864

668
619
Sharia stocks
dominate the
6%
Indonesian 5%
399 403 424 483 510
583

stock market 1%

2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023

MARKET SHARE SHARIA TO TOTAL STOCKS


number market volume value frequency
of stocks capitalization transaction transaction transaction
67% 53% 52% 52% 65%
ISCMD2023
ISLAMIC INDICES
INDONESIA SHARIA STOCK INDEX (ISSI) PERFORMANCE
219.8
22 Sep
2023
217.2
2 Jan MARKET CAP TO GDP
2023
212.6 the ratio of market cap
29 Dec (islamic stocks) to GDP
2023 of Indonesia is 31%

31%

195.2
31 May YTD 2023
2023

US$ 398 billion 11,415 million US$ 321 million 643 thousands
market capitalization volume transaction value transaction frequency
growth growth growth growth
31% 26.3% 12.6% 8%
ISCMD2023 5
28%
ISLAMIC STOCKS
BY SECTOR
of islamic stocks are consumer goods

CYCLIC 17% CYCLIC 70%


BASIC 14% BASIC 75%
PROPERTY 12% PROPERTY 78%
ENERGY 12% ENERGY 78%
NONCYC 11% NONCYC 72%
INDUSTRY 9% INDUSTRY 82%
INFRA 9% INFRA 74%
HEALTH 6% HEALTH 94%
TECHNO 6% TECHNO 84%
TRANSPORT 4% TRANSPORT 74%
FINANCE 1% FINANCE 7%

MARKET SHARE BY NUMBERS MARKET SHARE TO TOTAL


ISCMD2023
ISLAMIC STOCKS
BY SECTOR

IHSG ISSI
17% CYCLIC 17%
12% BASIC 14%
10% PROPERTY 12%
9% ENERGY 12%
14% NONCYC 11%
7% INDUSTRY 9%
8% INFRA 9%
3% HEALTH 6%
4% TECHNO 6%
4% TRANSPORT 4%
12% FINANCE 1%

ISCMD2023 7
The Indonesian islamic capital market ISLAMIC INDICES
PERFORMANCE
is facing a new equilibrium

GLOBAL SHARIA INDICES RETURN


LOCAL SHARIA INDICES RETURN
DJIM -25% 25.6%

FTSE -19% 25.7% ISSI -2% 15%

MSCI -14% 20.7% JII -9% 5%

EMAS -11% 0.5% JII70 -8% 2%


OIC -8% 0.2% IDXMES -13% -5%
ISSI -2.0% 15%
IDXSG -14%

2022 2023 2022 2023


Indonesian Sharia Stock Index ISSI MSCI MSCI The World Islamic Index Indonesian Sharia Stock Index ISSI IDXMES IDX-MES BUMN 17 Index
S&P/OIC COMCEC 50 Shariah OIC FTSE FTSE All World Sharia Index Jakarta Islamic Index JII IDXSG IDX Sharia Growth Index
FTSE Bursa Malaysia Sharia Index EMAS DJIM Dow-Jones Islamic MArket World Index Jakarta Islamic Index 70 JII70

ISCMD2023 8
SHARIA
INVESTORS

ISCMD2023 9
SHARIA STOCK MARKET SHARE TO TOTAL
INVESTORS
6.2%
NUMBER OF SHARIA INVESTORS
5.2% 5.1%
TRANSACTION BY 138,418
SHARIA INVESTORS 3.0% 2.7% 2.6%
117,942
volume 105,174
2018 2019 2020 2021 2022 2023
16.4
billion 85,891

ANNUAL GROWTH 68,599


value
US$ 331 92%
million 44,536

54%
frequency
1,890 25% 22% 18%
12%
thousand
2018 2019 2020 2021 2022 2023
2018 2019 2020 2021 2022 2023

ISCMD2023
NEW INVESTORS
MONTHLY
3,816
monthly average ANNUALLY
1,706
2,740 24,063
21,329
2,239 2,242 20,476
19,313
2,019
17,292
1,575 1,652
1,365 12,678
965
850
613
400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2018 2019 2020 2021 2022 2023

ISCMD2023 11

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