ST016 Investment Starts from Rp 1 Million, Here Are the Benefits Offered

The government is once again offering a sharia-compliant retail investment instrument through the ST016 Savings Sukuk series. This State Sharia Securities (SBSN) product serves as one of the investment options for the public seeking sharia-based instruments backed by the state and providing regular returns. Based on official information from the Ministry of Finance, quoted on Tuesday (12/5/2026), ST016 is offered in two tenor options: ST016T2 with a two-year term and ST016T4 with a four-year tenor. Savings Sukuk is a sharia-compliant investment instrument issued by the government for individual Indonesian citizen investors. This product is issued based on sharia principles and has received a sharia opinion from the National Sharia Council of the Indonesian Ulema Council (DSN-MUI). So, what are the benefits of investing in ST016 Savings Sukuk? Here are some of them. This scheme allows coupons to rise following increases in Bank Indonesia’s (BI) benchmark interest rate, or BI Rate, but not fall below the predetermined minimum level at issuance. “Floating coupon with minimum coupon rate (floating with floor), meaning the coupon can rise following increases in the BI Rate but will not fall below the minimum coupon,” stated the Ministry of Finance. This characteristic ensures investors receive protection of the minimum coupon rate if the benchmark interest rate declines. In addition, ST016 coupons are paid regularly every month until maturity. This periodic payment makes Savings Sukuk one of the instruments favoured by investors for generating passive income. Another benefit of ST016 investment is the state guarantee on the payment of principal and returns. The government states that coupon and principal payments are guaranteed by law.