BRI Partners with Syailendra Capital to Offer Sharia Investments via BRImo Super App

PT Bank Rakyat Indonesia (Persero) Tbk, or BRI, has officially formed a strategic partnership with Syailendra Capital through a mutual fund distribution agreement signed at BRI’s headquarters in Jakarta on May 20. The collaboration is part of BRI’s efforts to expand public access to Sharia investments.

BRI Consumer Banking Director Aris Hartanto stated that the partnership is part of BRI’s strategy to strengthen investment services for customers. Through this collaboration, Syailendra Capital’s mutual fund products are now accessible via the BRImo super app and BRI branches across Indonesia, combining BRI’s network strength with Syailendra Capital’s expertise as one of Indonesia’s largest asset management firms.

‘For BRI, this partnership strengthens BRI’s wealth management ecosystem while providing integrated financial solutions relevant to evolving customer needs. Through synergy with Syailendra Capital, we aim to make mutual fund investments more accessible and trustworthy, including Sharia-based products that are increasingly popular among the public,’ Aris said in Jakarta on Tuesday, May 26, 2026.

Through this partnership, the public can access two flagship Syailendra Capital products: Syailendra Sharia Money Market Fund (SSMMF) and Syailendra Sharia Fixed Income Fund (SSFIF). SSMMF is a Sharia-compliant money market fund with investments in Sharia-compliant money market instruments and Sharia bonds with maturities under one year. With relatively low risk and high liquidity, this product is suitable for beginner investors or those seeking short-term cash placement with competitive returns. As of April 30, 2026, SSMMF recorded a one-year return of 4.99% with a minimum investment of Rp50,000.

SSFIF is a Sharia-compliant fixed income fund focusing on Sharia bonds, particularly investment-grade corporate sukuk. The product is actively and selectively managed through an investment strategy targeting corporate sukuk with a minimum A rating, thus maintaining relatively low credit risk. Additionally, its portfolio is dominated by short-duration instruments, making its performance more stable and less sensitive to interest rate and inflation changes.