Maybank Syariah Records Two-Fold Increase in Profit, Here's What Supported It
REPUBLIKA.CO.ID, JAKARTA – The Sharia Business Unit of PT Bank Maybank Indonesia Tbk (Maybank Syariah) has successfully recorded a 104 percent increase in pre-tax profit (PBT) to IDR 847 billion in 2025. This was supported by lower profit sharing for investment fund owners, which encouraged revenue after profit distribution to increase by 16.5 percent. With other operating income increasing by 2.1 percent, the gross operating income of the Islamic bank increased by 13.9 percent and provision expenses decreased.
Non-retail financing has successfully grown by 8.1 percent year-on-year (yoy), supported by the growth of the SME+ segment financing by 27.7 percent, Retail SME (RSME) financing by 6.6 percent, and commercial (Business Banking) financing by 3.2 percent. Retail financing increased by 13.5 percent yoy, mainly driven by property ownership financing which grew by 16.5 percent. Total Sharia financing was recorded at IDR 30.51 trillion, contributing 28.1 percent to the total bank financing portfolio (bank-only), while total Sharia assets reached 24.7 percent of the total bank assets (bank-only).
Sharia CASA (Current Account Savings Account) grew by 5.5 percent yoy, supported by the growth of current accounts by 13.8 percent, while savings decreased by 1.8 percent. Time deposits decreased by 29.9 percent, in line with the bank’s strategy to optimize an efficient funding composition. As a result, the Sharia CASA ratio increased to 64.8 percent in December 2025 from 55.0 percent in the previous year. Total Sharia customer deposits were recorded at IDR 32.95 trillion, down 10.4 percent yoy.
The quality of Sharia assets remains well-maintained with a non-performing financing (NPF) ratio of 2.2 percent (gross) and 1.4 percent (net), while the financing-to-deposit ratio (FDR) was recorded at 91.9 percent.
President Director of Maybank Indonesia, Steffano Ridwan, said that 2025 is a momentum for Maybank Indonesia to strengthen profitability and the bank’s fundamentals. This is in line with the implementation of priority strategies in the midst of market conditions that are full of uncertainty.
“Throughout 2025, we focused on improving the quality of adequate and sustainable income in a number of our business lines which continue to show development. We also disciplinedly manage costs and optimize the funding structure, with strong risk management, so that our profitability increases, accompanied by increasingly healthy asset quality, and a more resilient balance sheet,” said Steffano.
Steffano said that as one of Maybank Group’s home markets, Maybank Indonesia will continue to align with the group’s strategic direction, with a focus on providing customer-oriented financial solutions, disciplined business growth, and the creation of long-term value.