Inorganic Waste Can Now Be Exchanged for BSI Gold Savings
The public can now exchange inorganic waste for gold savings through the Green Zakat programme run by PT Bank Syariah Indonesia Tbk (BSI). Under the programme, waste deposited at recycling kiosks will be converted into a gold savings balance once it reaches a minimum value of Rp 55,000.
BSI Deputy President Director Bob T. Ananta said the programme is part of an effort to integrate Islamic social finance with economic empowerment and environmental conservation. He stated that zakat not only functions as a social instrument but can also serve as a solution to address various sustainable development challenges.
“We want to change the paradigm that waste is merely rubbish, but rather a resource that can create economic, social, and environmental value. Green Zakat becomes a bridge connecting the empowerment of mustahik, environmental preservation, and increased public investment literacy,” Bob said in a statement on Friday (19/6/2026).
Through the BSI Waste Management Programme, zakat funds are used to empower mustahik in the waste management sector. The collected waste is sorted and processed into various value-added products, such as bags, plaques, chairs, and recycled tables that have market value.
In addition to opening new business opportunities for mustahik, the programme also invites the public to participate in the circular economy. Inorganic waste deposited at recycling kiosks will be assessed and converted into a BSI Gold savings balance.
In its initial phase, the programme targets more than 20 families or 73 beneficiaries in the Bantar Gebang and South Tangerang areas. BSI aims for the programme to manage over 27 tonnes of recyclable waste. To expand the reach of benefits, BSI will gradually operate five Waste Management kiosks by August 2026 in Bekasi, Tangerang, Serpong, Pamulang, and Ciputat. BSI has also allocated Rp 1 billion in assistance for waste management training, recycled product manufacturing skills development, and the construction of Waste Management kiosks that will serve as centres of economic activity for the mustahik.