TINJAUAN TEORITIS: PERAN REKSA DANA SYARIAH DALAM MENINGKATKAN INKLUSI KEUANGAN DI INDONESIA

Abstract

Islamic mutual funds are investment instruments that have been growing rapidly and are
considered to play an important role in promoting financial inclusion in Indonesia. This study aims to
examine the contribution of Islamic mutual funds in expanding access to formal financial services and to
identify the challenges faced in their development. The method employed is a literature review by analizing
various studies, reports, and empirical data related to the growth of the Islamic mutual fund industry. The
findings indicate that Islamic mutual funds can broaden public participation in investment through low
entry capital requirements, compliance with sharia principles that enhance trust, and performance that
remains competitive compared to conventional instruments. Digitalization further strengthens the
distribution and accessibility of these products, particularly among younger generations. However,
challenges such as low financial literacy, uneven product distribution, and limited innovation remain as
barriers. Overall, Islamic mutual funds have the potential to serve as strategic instruments in realizing an
inclusive and sustainable financial system in Indonesia. These findings imply the need for synergy among
regulators, industry players, and educational institutions to strengthen financial literacy, expand
distribution channels, and enhance innovation in the development of Islamic mutual funds.