Bank Muamalat: Multi-purpose financing rises 37.1 per cent throughout 2025
Jakarta (ANTARA) - PT Bank Muamalat Indonesia Tbk recorded significant growth in its outstanding multi-purpose financing under sharia principles, reaching 37.1 per cent (year on year/yoy) to Rp647 billion throughout 2025, compared to the same period last year at Rp472 billion.
In line with this development, the number of accounts (number of accounts/NoA) also increased by 25.3 per cent (yoy) to 8,865 accounts.
Bank Muamalat Director Ricky Rikardo Mulyadi stated in an official release in Jakarta on Thursday that this achievement is supported by the expansion of payroll savings partnerships with many institutions.
The appointment of Bank Muamalat as the salary disbursing bank for civil servants (ASN) has further encouraged the utilisation of sharia-compliant multi-purpose products known as Multiguna iB Hijrah.
Besides ASN, Bank Muamalat also targets the education and healthcare service segments, such as schools, universities, and hospitals.
“We are also optimising other segments, including state institutions, SOEs, the hajj and umrah ecosystem, and the halal industry, which are considered to have sharia-based financing needs,” said Ricky.
He added that this double-digit growth indicates continuously increasing demand in the consumer segment.
Therefore, Bank Muamalat will focus on penetrating existing customers, including payroll customers, customer base funding and financing, as well as clients from corporate and commercial business.
Despite aggressive growth, the company stated that it remains emphasising the principle of prudence in financing distribution.
Bank Muamalat ensures that the quality of Multiguna iB Hijrah financing is well maintained. The bank is optimistic about increasing its consumer portfolio in a healthy and sustainable manner this year.
For information, Multiguna iB Hijrah is a product designed to facilitate financing for various needs in accordance with sharia principles, such as education, home renovations, and vehicle purchases.
This financing offers murabahah contracts, ijarah multijasa, or musyarakah mutanaqisah (MMQ) for refinancing needs. The financing limit reaches Rp1.5 billion with a fixed instalment scheme and tenor up to 15 years, providing flexibility for various community needs.
Bank Muamalat ensures that services for this product are easily accessible. Prospective customers only need to visit the nearest Bank Muamalat branch office, bringing identification, income documents, and supporting documents such as employee appointment letters (SK) or practice permits.