Sharia Fintech as a Driver of the National Digital Economy: A Study Period 2021–2025

Abstract

Indonesia's digital economy is undergoing rapid transformation, driven by a surge in digital transactions, platform growth, and value-based financial services, positioning Islamic fintech as a crucial element in the national ecosystem. The urgency of this research stems from efforts to address the structural shift in digital infrastructure, where Islamic fintech enables ethical and inclusive transactions aligned with Islamic principles, amidst the digital economy's contribution to GDP exceeding 1,000 trillion rupiah by 2025. With Indonesia ranking second globally in Islamic fintech institutions, this study bridges the gap in empirical analysis linking Islamic values ​​to digital GDP, e-commerce, and financial transactions. The primary objective is to assess the role of Islamic fintech in driving Indonesia's digital economy from 2021–2025, emphasizing contributions to digital GDP, inclusion, and e-commerce integration. Using a qualitative literature review, this study analyzes secondary data from reports from Bank Indonesia, the Financial Services Authority (OJK), and Statistics Indonesia (BPS), and publications (2021–2025). Data collection involved systematic extraction and thematic coding; The analysis uses inductive thematic theory and grounded theory to uncover patterns. The findings show the growth of Sharia fintech, with financing disbursement from 1.27 trillion rupiah in 2021 to 0.92 trillion rupiah in 2025, and user adoption reaching 7.2 million by 2025. This drives halal inclusion, Sharia QRIS transactions reaching 105 million by 2025, and e-commerce connections, contributing 1.83% to digital GDP by 2025. Challenges include regulatory gaps and uneven adoption. In conclusion, Sharia fintech is a transformative driver for inclusive and ethical digital growth