Bank Mega Syariah Gold Financing Surges by 1,688%
The gold financing services of PT Bank Mega Syariah (BMS) have recorded significant growth amidst increasing global uncertainty and the trend of rising gold prices. As of May 2026, the total Flexi Gold financing from BMS reached over Rp43 billion. On a year-to-date (ytd) basis, this value has surged by approximately 1,688% compared to the 2025 realisation of Rp2.42 billion.
This achievement aligns with the rising public interest in gold as an investment instrument and for asset diversification amidst global economic dynamics. Global investment bank UBS has recently updated its commodity market outlook, assessing that gold prices still possess potential for strengthening in the medium to long term, although volatility is expected to remain high in the short term due to geopolitical developments between Iran and the United States.
Benadicto A. Ferary, Head of Digital Business & Product Management Division at Bank Mega Syariah, stated that this trend demonstrates an increasing awareness among the public to utilise gold not only as an investment instrument but also as part of long-term financial planning. “Gold possesses relatively stable characteristics in the long term and is one of the instruments considered by the public for portfolio diversification. Through Flexi Gold, we strive to provide easier, safer access to gold ownership that complies with Sharia principles,” Benadicto said in a statement on Monday (8/6/2026).
Flexi Gold is a Sharia-based gold financing facility that allows customers to own gold through mechanisms consistent with Sharia principles. Through this service, customers can obtain financing for gold purchases through a simple process. Between January and May 2026, nationally, Jakarta Province was the largest contributor, dominating 36.6% of the total national Flexi Gold financing. Meanwhile, Central Java and East Java provinces recorded the most aggressive growth, with a realised growth of over 21,283% in May 2026 (ytd).
Bank Mega Syariah stated it will continue to develop services and education regarding Sharia-based gold investment and ownership to provide alternative financial solutions that meet public needs. Flexi Gold offers flexibility for customers with gold weight options ranging from 5 grams to 100 grams. Additionally, Flexi Gold is supported by a competitive margin of 11% effective per annum, with low down payments starting from 10% of the financing value. “Customers also receive various additional benefits, including free physical gold printing costs, delivery, and delivery insurance. The combination of convenience, flexibility, and compliance with Sharia principles makes Flexi Gold a practical and safe alternative for gold ownership for the public,” added Benadicto.