BSI: Imbal Results Of Sukuk Mudharabah 6.65-6.8 Percent Per Year

Director of Finance and Strategy of BSI Ade Cahyo Nugroho. (Photo: Doc. Antara)

PT Bank Syariah Indonesia Tbk (BSI) announced the yield of Sukuk Mudharabah Based on Sustainable Sustainability I with a annual yield set at 6.65 percent for Series A, 6.7 percent for Series B, and 6.8 percent for Series C.

In his statement in Jakarta, Wednesday, June 12, BSI Director of Finance and Strategy Ade Cahyo Nugroho detailed that the amount of Sukuk Mudharabah Series A funds offered was IDR 1.7 trillion.

Meanwhile, Sukuk Mudharabah's funds for Series B and Series C were valued at IDR 220 billion and IDR 1.08 trillion, respectively. Thus, all the value of the sukuk funds based on the first phase of ESG offered is IDR 3 trillion.

The period for Series A is 370 calendar days from the date of emission. Meanwhile, Series B and Series C are 2 years and 3 years each from the date of emission.

"The refund of Sukuk Mudharabah funds was carried out in full on the date of repayment of Sukuk Mudharabah funds," said Cahyo, as reported by Antara.

Revenue for profit sharing is paid every 3 months from the date of emission. This is in accordance with the payment date of revenue sharing for Sukuk Mudharabah. The first income payment will be made on September 14, 2024.

Meanwhile, the final profit-sharing income payments as well as the maturity of each Sukuk series include June 24, 2025 for Series A, June 14, 2026 for Series B, and June 14, 2027 for Series C.

The Mudharabah Hamlet must be paid back at the same price as the written amount of Sukuk Mudharabah funds, in written confirmations held by Sukuk holders. This is by taking into account the jumbo Sukuk Mudharabah certificate and the provisions of the Sukuk Mudharabah security agreement," said Cahyo.

According to BSI, the sukuk funds obtained will be distributed in the Environmentally Introspective Business Activities (KUBL) sector with a portion of around 30-50 percent and Socially Introspective Business Activities (KUBS) with a portion of 50-70 percent.

For information, BSI's sustainable financing portfolio reached IDR 59.19 trillion as of March 2024. This amount consists of the KUBL category of IDR 12.57 trillion and KUBS of IDR 46.62 trillion.

Sukuk Mudharabah BSI has obtained the results of the idAAA (sy) (Triple A Syariah) national rating from PT Pemeringkat Efek Indonesia. The underwriters for the issuance of securities and underwriters from Sukuk Mudharabah include PT BNI Sekuritas, PT BRI Danareksa Sekuritas, PT Mandiri Sekuritas, PT Maybank Sekuritas Indonesia, PT Mega Capital Sekuritas and PT Trimegah Sekuritas Indonesia Tbk.