Increasing Fund Sources of Indonesia Sharia Commercial Banks through Public Stock Insurance Ida Syafrida 1 , Indianik Aminah 2 , Herbirowo Nugroho 3 , Taufik Awaludin 4 {ida.syafrida@akuntansi.pnj.ac.id 1 , indianik.aminah@akuntansi.pnj.ac.id 2 , herbirowo.nugroho@akuntansi.pnj.ac.id 3 , dosen01844@unpam.ac.id 4 } Politeknik Negeri Jakarta, Indonesia 1,2,3 Universitas Pamulang, Indonesia 4 Abstract. The research problem is Islamic Commercial Banks (ICB) market share in Indonesia still low (5.74% of national banks) in Dec 2017. This is due to the lack of capital and industrial scale. For this reason, the ICB needs to increase external funding sources through the issuance of public shares. From the 13 ICB in Indonesia at the middle of 2018, 3 ICB issuing public shares (Bank Dubai Panin Syariah, Bank Rakyat Indonesia Syariah, Bank Tabungan Pensiunan Nasional Syariah). This study aims to formulate the Benefit, Opportunities, Cost, Risk (BOCR) aspects faced by Islamic Commercial Banks in increasing funding sources through the issuance of public stock securities. This study uses qualitative and quantative methods using primary data sourced from indepth interviews to explore the knowledge and experience of the emiten from Treassury Division and Corporate Planing expert practitioners. Secondary data was from emission prospectus, several research journals and related books. Based on Analysis Network Process (ANP) of BOCR aspects, the dominant aspect being the consideration of ICB in issuing public shares is the Benefit and Opportunity. The dominant sub-aspects of each aspect are increasing capital (Benefit aspects), broad investor base (Opportunity aspects), underwriting costs (Cost aspects), demands for information disclosure (Risk aspects). Keywords: public shares, Islamic Commercial Banks, dominant aspects, BOCR, ANP 1. Introduction The Islamic financial services industry in Indonesia experienced significant growth. Indonesia is predicted to become one of the countries that become a global player in the Islamic financial industry in the world. Indonesia ranks 10th after Qatar and Jordan in the development of the world's halal industry which includes Islamic Finance [1]. In terms of investment, Indonesia in the top three after Malaysia and the United Arab Emirates [2]. Indonesia's 6th position in the world Islamic finance industry after the United Arab Emirates and Kuwait, up one rank compared to 2015[3]. Indonesia is also listed as the country's largest sukuk issuer in the world 2016. Since December 2017 there are 13 Islamic Commercial Bank, 21 Sharia Unit Network, and 167 Sharia Rural Bank in Indonesia. Data on Islamic Banking during the period 2013- 2017, total assets increased by an average of 17.02% per year, financing disbursed per year on average rose 11.03%, and third party funds experienced an average increase of 16.47% per year. Likewise, the role of Islamic banking intermediation is empirically better, with the average Financing to Deposit Ratio (FDR) for the 2013-2017 period of 91.86% compared to conventional banking Loan to Deposit Ratio (LDR) (90.39%). The role of intermediation is ICTES 2018, November 21-22, Bali, Indonesia Copyright © 2019 EAI DOI 10.4108/eai.21-11-2018.2282296