A new Sharia-compliant gold Exchange Traded Fund (ETF) is emerging in Indonesia, marking a significant development in the financialization of the country’s gold resources. This ETF allows investors to participate in the gold market within the framework of Islamic finance principles. Expert Setiawan Budi Utomo highlights gold’s long history within economic systems and positions this ETF as a modern evolution of that tradition. The initiative aims to broaden access to gold investment, particularly for those seeking Sharia-compliant options. This financial instrument could contribute to increased gold market activity and potentially support Indonesia's economic growth. It represents an innovative step towards integrating Indonesia's gold wealth with its expanding Islamic financial sector.