Ionic liquids (ILs) have attracted much attention as dispersion media for colloidal systems alternatives to organic solvents and electrolyte solutions. Although colloidal stability is an essential factor for determining the properties and performance of colloidal systems combined with ILs, detailed mechanisms for the colloidal stabilization have not yet been studied. In the first part of this paper, we highlight our fundamental studies on the colloidal stability. Three different repulsive forces-electrostatic, solvation, and steric-are examined for their effectiveness to stabilize colloidal particles in ILs. In the second part, we provide an overview of our recent studies on colloidal soft materials in the presence of ILs. On the basis of suspended states of silica colloid particles, two different soft materials-colloidal gel and colloidal glass-were prepared in ILs. Their functional properties, including ionic transport, rheological properties, and optical properties, are discussed in relation to the microstructures of the colloidal materials.