Bank Syariah Indonesia reports Rp4.15 trillion profit in H1 2026

Bank Syariah Indonesia (BSI) reported a net profit of Rp4.15 trillion for the first half of 2026, representing an 11% year-on-year increase. This growth was significantly driven by fee-based income, which surged by over 38% to exceed Rp4 trillion. A primary driver for this income was the gold business, which saw a 92% annual growth rate, fueled by gold pawn and savings products.

In terms of funding, BSI's third-party funds (DPK) grew by 21.81% to reach Rp393 trillion. Savings products specifically grew by 22.32% to Rp173 trillion. Notably, Hajj and Umrah savings accounts reached 7.69 million, a 23.8% increase, contributing Rp16.7 trillion to the bank's funds. This growth in low-cost savings helped reduce the bank's cost of funds to 2.19%.

On the financing side, BSI's total financing reached Rp340.09 trillion, up 15.98% year-on-year. This was supported by a 16.62% growth in wholesale banking, particularly corporate financing which rose 21.13%. Retail financing also grew by 12.58%, with significant contributions from MSME financing, which increased by 19.98%. The consumer, gold, and card segment remains the largest contributor, accounting for 55.65% of total financing.