Jakarta. Ten companies recently won big at the 2024 Sharia Economy Awards hosted by B-Universe Media Holdings’s Investor Daily and Infovesta.

The awards ceremony sought to improve the performance of financial firms and the sharia economy in Indonesia. According to B-Universe’s chief executive officer Rio Abdurrachamn, the sharia market accounts for 44 percent of the total assets of the country’s commercial banks.

“The sharia economy can become a key pillar to Indonesia’s economy. That is why we are hosting this event because we wish to encourage the sharia financial industry to grow,” Rio said in his opening remarks.

B-Universe’s executive chairman Enggartiasto Lukita also congratulated the winners.

“The judging process was an objective one, and we ended up with a number of financial firms that deserve praise. Once again, congratulations to the winners,” Enggartiasto said.

The following are the 10 financial firms that have booked strong growth and great impact on Indonesia’s sharia economy in 2023:

1. Best Sharia Sukuk 

• PT Elnusa Tbk

• Lembaga Pembiayaan Ekspor Indonesia or the Indonesian Export Financing Agency (LPEI)

2. Best Sharia Fund Manager 

• PT BRI Manajemen Investasi

3. Best Sharia Travel 

• PT. Tisaga Multazam Utama

4. Best Sharia Insurance 

• PT Asuransi Simas Jiwa

5. Best Sharia Fintech 

• PT Dana Syariah Indonesia

6. Rising Sharia Issuer

• PT Panca Budi Idaman Tbk

7. Best Sharia Issuer 

• Bank BTPN Syariah Tbk

8. Best Sharia Bank

• PT Bank BTN Syariah 

• PT Bank KB Bukopin Syariah