Sukuk ST016 Officially Launched, Sharia Investments Starting from Rp1 Million

JAKARTA (ANTARA) - Investment trends among the public are shifting amid global dynamics impacting Indonesia’s financial markets, with investors increasingly seeking Sharia-compliant instruments that offer profitability with minimal risk. The strength of Sharia investments in Indonesia is evident from the OJK’s Sharia Capital Market Statistics Report released in late 2025, showing a 104% surge in Sharia investor transactions to Rp11.2 trillion. This growth aligns with the Sharia capital market’s capitalisation reaching Rp8,900 trillion. Sharia investment instruments are available through Sharia Government Securities (SBSN), including the newly launched ST016, which serves as a Sharia investment alternative for individual Indonesian citizens. The instruments consist of two series: Sukuk Tabungan ST016T2 (2-year tenor) and Green Sukuk ST016T4 (4-year tenor), available from 8 May 2026 to 3 June 2026. These Sukuk Tabungan are offered through domestic primary market distributors and cannot be traded on the secondary market but offer early redemption facilities as per regulations. Both series offer a floating coupon rate with a floor. The initial floor rate is 6.05% (BI rate + 130 bps) annually for ST016T2 (2-year tenor) and 6.25% (BI rate + 150 bps) for ST016T4 (4-year tenor) for individual Indonesian investors. The issuance of ST016T2 and Green Sukuk ST016T4 aims to expand the domestic investor base by providing profitable and impactful investment alternatives, supporting the development of the Sharia financial market, partially funding the 2026 state budget (APBN), aiding financial planning, and contributing to future generations. Benefits of Investing in ST016T2 and ST016T4: 1. Low Risk: Retail SBSN has high credibility as coupons and principal are guaranteed by law. 2. Attractive Returns: Floating with floor until maturity, paid monthly. Coupons rise if the benchmark rate increases but won’t fall below the set minimum floor. Coupon rates exceed the average fixed deposit rates of state-owned banks. 3. Easy Access: Purchases and sales can be made via the SBN Online electronic system. 4. Affordable: Not tradable on the secondary market but early redemption is available during the specified period. Risks and Considerations for Sukuk Tabungan: 1. Default Risk: ST016T2 and ST016T4 have minimal default risk, as the state guarantees coupon and principal payments until maturity under the State Securities Law (SUN), with funds allocated annually in the state budget. 2. Liquidity Risk: ST016T2 and ST016T4 have no liquidity risk as they permit early redemption during specified periods despite not being tradable on the secondary market, allowing investors to withdraw funds before maturity. 3. Interest Rate Risk: ST016T2 and ST016T4 have no interest rate risk as the principal value does not change with market rate fluctuations and the coupon rates are fixed until maturity. How to Order ST016T2 and ST016T4: Both Sukuk Tabungan types can be easily ordered via the BRImo app. Existing SBN account holders simply open BRImo, select the Investment menu, choose SBN, enter the order amount (minimum Rp1 million), and pay using the issued billing code. For those new to SBN purchases, customers must first register at the nearest BRI branch to obtain a Single Investor Identification (SID) and securities account. With ST016, grow assets through Sharia-compliant instruments offering up to 6.25% annual returns while contributing to national development. Order ST016 via BRImo before the offer period ends. Don’t wait — place your ST016 order through BRI now. For more information, visit bbri.id/st016.