BSI Profit Rises 17.8%, Corporate Zakat Funds Increase

PT Bank Syariah Indonesia Tbk (BSI) posted a net profit of Rp 2.8 trillion up to April 2026. The achievement grew 17.79 percent compared to the same period last year and serves as one of the pillars for increasing the company’s social contribution through corporate zakat distribution. BSI Director of Finance & Strategy Ade Cahyo Nugroho stated that the company continues to maintain its business and financial fundamentals through optimising productive assets, strengthening low-cost funds, and developing the Islamic economic ecosystem. “BSI continues to maintain its fundamental business and financial performance through asset optimisation, maintaining financing quality, increasing fee-based income, strengthening CASA, and boosting employee productivity through the development of the Islamic business ecosystem and the bullion bank as a source of business growth,” Ade said in a statement on Tuesday (9/6). With this profit achievement, the projected corporate zakat that can be distributed in April 2026 reaches approximately Rp 72 billion. This figure shows that the social benefits provided by BSI to the community continue to increase in line with the company’s performance growth. BSI’s positive performance is also reflected in asset growth reaching Rp 452 trillion, up 12.17 percent year-on-year. The growth was supported by a well-functioning intermediation function, both in terms of fund collection and financing distribution. Up to April 2026, BSI’s third-party funds reached Rp 382 trillion, growing 17.9 percent compared to the previous year. This growth was dominated by savings, which reached Rp 165 trillion, up 22.02 percent. Meanwhile, the low-cost funds ratio (CASA) was recorded at 63.48 percent. The increase in fund collection demonstrates growing public trust in Islamic banking services. One example is the BSI Hajj Savings product, which remains the primary choice for prospective pilgrims. Of the approximately 203,000 Indonesian Hajj pilgrims departing this year, 169,000 pilgrims, or about 83.5 percent, completed their Hajj fee payments through BSI. On the financing side, BSI disbursed financing amounting to Rp 332 trillion, growing 15.59 percent year-on-year. The growth mainly came from the consumer, retail, MSME, micro, and other productive segments that support the community’s economic activities. Despite double-digit growth, financing quality was maintained. The gross non-performing financing (NPF) ratio improved to 1.8 percent from 1.88 percent in the same period last year. BSI also continues to expand its support for government programmes. Up to March 2026, the company disbursed Rp 198 billion in financing to 211 kitchens under the Free Nutritious Meal Programme (MBG). In addition, BSI supports the development of cooperatives and the distribution of people’s business credit (KUR), reaching tens of thousands of business actors. In the housing sector, BSI has distributed housing finance liquidity facilities (FLPP) to 894 customers in the first quarter of 2026. The total subsidised housing finance disbursed has reached Rp 5.7 trillion. Through these strategies, BSI hopes to continue strengthening its position as the largest Islamic bank in Indonesia while expanding its contribution to national economic growth and public welfare.