BRImo Super App Simplifies Sharia Mutual Fund Investment

JAKARTA - PT Bank Rakyat Indonesia (Persero) Tbk, or BRI, has officially entered into a strategic partnership with Syailendra Capital through the signing of a mutual fund distribution agreement at the “Mutual Fund Distribution Signing Ceremony” held at BRI’s Head Office in Jakarta.

This collaboration is part of BRI’s initiative 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, leveraging BRI’s extensive network and Syailendra Capital’s expertise as one of Indonesia’s largest asset management firms.

“For BRI, this partnership strengthens our wealth management ecosystem and provides integrated financial solutions that align with evolving customer needs. Through synergy with Syailendra Capital, we aim to offer more accessible and trusted mutual fund investment opportunities, including Sharia-based products that are increasingly popular among the public,” Aris stated in a press release on Thursday, 28 May 2026.

Through this partnership, the public can access two flagship products from Syailendra Capital: the Syailendra Sharia Money Market Fund (SSMMF) and the Syailendra Sharia Fixed Income Fund (SSFIF).

SSMMF is a Sharia money market fund composed of Sharia-compliant money market instruments and Sharia bonds with maturities of less than one year.

With relatively low risk and high liquidity, the product is suitable for beginner investors and those seeking short-term fund placement with competitive returns.

As of 30 April 2026, SSMMF recorded a one-year return of 4.99% with a minimum investment of Rp50,000.

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

With these characteristics, SSFIF is aimed at moderate-risk investors seeking medium to long-term growth potential while adhering to Sharia principles. As of 30 April 2026, SSFIF recorded a one-year return of 7.58% with a minimum investment of Rp10,000.

The partnership is expected to expand public access to Sharia investments and drive retail investment product penetration across regions. BRI’s extensive network is anticipated to provide more convenient and affordable Sharia investment alternatives for the public.