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Indonesia launches Sharia-compliant Gold ETF to boost market
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UrduPoint News
JAKARTA, (UrduPoint / Pakistan Point News / WAM - 10th Aug, 2026) Indonesia's Financial Services Authority (OJK) and stock exchange operators launched a Sharia-compliant Gold Exchange-Traded Fund (ETF) on Monday, aiming to expand the nation's bullion market and deepen capital sector liquidity, Indonesian news agency (ANTARA) reported.
The newly introduced Gold ETF allows investors to gain exposure to gold price movements on the Indonesia Stock Exchange (IDX) without physically storing the precious metal.
Indonesian Central Securities Depository (KSEI) President Director Samsul Hidayat said the product integrates physical gold as an underlying asset, records digital ownership via Electronic Gold Receipts (EGR) at KSEI, and facilitates participation unit trading on the IDX.
"Today's launch of the Gold ETF symbolizes our hope that the capital market will thrive and contribute to Golden Indonesia 2045," Hidayat said, adding that the initiative bridges physical commodities with traditional capital markets to diversify local investment options.
He noted that global demand for the asset class has surged, with worldwide Gold ETF assets under management (AUM) reaching US$559 billion and holding over 4,025 tons of gold by 2025.