Matahari Sharia Bank Profile: Based On Muhammadiyah Ready To Serve The People

Solar sharia bank profile (X-@OBENjo88)

YOGYAKARTA - In the midst of the rapid development of the Islamic economy in Indonesia, the presence of a solid financial institution based on Islamic values is very crucial. One entity that deserves attention is Bank Syariah Matahari.

Not only ordinary Islamic banks, but Bank Syariah Matahari is a manifestation of Muhammadiyah's commitment to developing the economic pillar of the people.

This article will invite you to dive deeper into the profile of Matahari Islamic Bank, reveal the history, vision, mission, and various innovative services they offer in serving the financial needs of the community.

Reporting from the PWMU page, the name "Sun" pinned to this sharia bank is not just an ordinary symbol. More than that, it emits the meaning of lighting, hope, and blessings. Like the sun that shines all over, this bank is expected to reach the wider community and provide financial services that really empower it.

Not only that, the name "Sun" is also a representation of Muhammadiyah's 'Silya', a symbol of Islamic light that is enlightening. This confirms that the Sharia Bank of the Sun is a tangible manifestation of Muhammadiyah's commitment to building the people's economy.

Bank Syariah Matahari is not a new entity that suddenly appears. This bank is the result of conversion from BPR Matahari Artaya, a conventional financial institution that previously operated under the auspices of Muhammadiyah University Prof. Dr. Hamka (UHAMKA).

The transformation of the Matahari Artaya BPR is part of Muhammadiyah's great strategy to strengthen its internal sharia banking network. Until the middle of 2025, Muhammadiyah has managed around 17 Islamic People's Economy Banks (BPRS) spread across various regions in Indonesia.

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Bank Syariah Matahari was chosen as the "shell company" because of the big challenge to merge the 17 BPRS that Muhammadiyah has into one entity.

This step shows how Muhammadiyah strategically and adaptively realizes its commitment to developing the Islamic economy in Indonesia.

Now, Bank Syariah Matahari has obtained an official operational permit from the Financial Services Authority (OJK), marking its readiness to serve the community. This permit is contained in the Decree (SK) of the OJK Board of Commissioners Number KEP-39/D.03/2025 which was issued on June 18, 2025.

With the blessing of OJK, Matahari Sharia Bank can legally carry out its Islamic banking operations in Indonesia.

The Muhammadiyah Central Leadership (PP) has issued a firm appeal to all elements of the Association at all levels. This includes autonomous organizations (Ortoms) and all Muhammadiyah Business Amal (AUM) in various sectors such as education, health, social, and economic.

The purpose of the appeal of PP Muhammadiyah is to jointly support and develop Matahari Sharia Banks. Reporting from the Muhammadiyah Lamongan page, here are the main points of the call from PP Muhammadiyah:

The steps taken by PP Muhammadiyah are expected to accelerate the growth of Bank Syariah Matahari as a pillar of Muhammadiyah's strong and sustainable sharia economy.

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