Starting from Rp 1 million, Sukuk ST016 offers a secure Sharia-compliant investment for all segments

Trends in investment among the public are shifting amid global dynamics affecting Indonesia’s financial markets, with investors seeking profitable, low-risk, and ethical instruments such as Sharia-compliant options.

According to the Islamic Capital Market Statistics report released by the Financial Services Authority (OJK) at the end of 2025, Sharia investor transactions surged by 104% to Rp 11.2 trillion, aligning with the Islamic capital market’s capitalisation reaching Rp 8,900 trillion.

Sharia investment instruments are available through State Sharia securities (SBSN), including the newly issued ST016, which serves as an alternative for Indonesian individual investors.

The ST016 comprises two series: Sukuk Tabungan ST016T2 (two-year tenor) and Green Sukuk ST016T4 (four-year tenor), available from 8 May to 3 June 2026. These are distributed through primary market partners and cannot be traded on the secondary market but allow early redemption under specified conditions.

Both series offer a floating rate with a floor: 6.05% annually (BI rate + 13bps) for ST016T2 and 6.25% (BI rate + 150bps) for ST016T4 for individual Indonesian investors.

The issuance aims to expand domestic investor base with profitable and impactful alternatives, supporting Sharia financial market development, partially financing the 2026 state budget, and contributing to future generations.

Key advantages include low risk (backed by law), attractive returns (floating rate with floor, paid monthly, above average state-owned bank deposits), easy access via SBN Online, and affordability starting from Rp 1 million.

Risks are minimal: default risk is low as the state guarantees principal and coupons via APBN; liquidity risk is mitigated by early redemption; and interest rate risk is absent as the principal remains stable and coupon rates are fixed.

How to order ST016T2 and ST016T4: both series can be ordered via the BRImo app. Existing SBN account holders simply open BRImo, select Investment, then SBN, enter the order amount (minimum Rp 1 million), and pay using the generated billing code. New users must first register at a nearby BRI branch to obtain a Single Investor Identification (SID) and securities account.