Bridging the Human Capital Gap in Indonesia’s Islamic Finance Sector

Abstract

This article examines the persistent human resource challenges within Indonesia’s Islamic finance sector. Despite the sector's growth, a significant gap exists between labor market needs and the competencies of available professionals. Drawing on human capital theory, stakeholder theory, and competency-based education models, the study analyzes structural, institutional, and strategic obstacles through qualitative document analysis. Findings reveal fragmented curricula, regulatory disconnects, and limited academic-industry alignment as core constraints. The study identifies opportunities for systemic reform, including the adoption of national competency frameworks, centralized certification, and digital finance integration. By proposing an ecosystem-based model for talent development, this research contributes to a more cohesive and forward-looking strategy for enhancing professional capacity in Islamic finance. The findings carry practical implications for universities, regulators, and financial institutions aiming to create a skilled, sharia-compliant workforce that aligns with Indonesia’s economic goals.