Comparative Mazhab Study Programme Student Association Organises Islamic Capital Market School
Comparative Mazhab Study Programme Student Association Organises Islamic Capital Market School

FSH News, 2nd Floor Theater – The Student Association of the Comparative Fiqh Study Program held a Sharia Capital Market School in collaboration with BNI Securities and the Indonesia Stock Exchange (BEI). The Dean of the Faculty of Sharia and Law, Prof. Dr. Muhammad Maksum, M.A., M.D.C., delivered an opening speech and officially opened the event. "I am pleased with this event, as capital market literacy is not yet widely understood by the general public," he stated (Thursday, 27/06/2024).

A.M. Hasan Ali, M.A., a lecturer in Islamic Economic Law, was the first speaker. He explained the capital market from an Islamic perspective. "Investments should be diversified, because the more investments we have, the more profits we can gain," he added in his explanation.

The second speaker was Wildan Syaruq from the Indonesia Stock Exchange, who discussed how sharia-compliant stock investments work in Indonesia. Currently, there are 927 stocks listed on the Indonesia Stock Exchange, and 623 of them, or about 68%, are sharia-compliant stocks. "Investing in the sharia capital market is easy; buying stocks now is as simple as shopping on e-commerce platforms," he said.

The final speaker, Diky Afrian, a member of the retail marketing and partnership team at BNI Securities, explained the mechanisms of sharia investment through BIONS accounts. Currently, the Indonesian Sharia Stock Index (ISSI) consists of 592 stocks. "Don’t just buy stocks; understand the company and the knowledge behind it. If you don’t understand, it’s just like gambling," he advised.

This event aimed to encourage young people to gain financial independence, such as through promising sharia-compliant investments.[LFM]