CNAF Strengthens DPS Role to Maintain Sharia Compliance

PT CIMB Niaga Auto Finance (CNAF) is strengthening the role of the Sharia Supervisory Board (DPS) to ensure that all financing activities remain in line with Sharia principles. This step is being taken to maintain customer trust amid pressures in the financing industry.

The decision was ratified at the Annual General Meeting of Shareholders (AGMS), including the reappointment of DPS members for the 2026–2029 period. Strengthening supervision is deemed essential, particularly for customers who prioritise certainty of Sharia compliance in financing products.

CNAF President Director, Ristiawan, stated that the financing industry throughout 2025 faced pressures. “2025 is a year full of challenges. However, we strive to maintain positive performance despite market contraction,” he said on Tuesday (7/4/2026).

Amid these conditions, CNAF recorded revenue of Rp2.23 trillion, or a 9.31% year-on-year increase. Total assets grew to Rp11.46 trillion, while net profit reached Rp322.75 billion.

Strengthening the DPS function is part of the company’s long-term strategy to maintain financing quality while ensuring compliance with Sharia principles. With stronger oversight, CNAF aims to keep customer trust intact.

The company also set a dividend distribution of Rp129 billion, or 40% of the 2025 book year net profit. Looking ahead, CNAF states it will remain focused on sustainable growth while upholding prudence principles amid global economic dynamics and the automotive industry.