Bank Muamalat Gold Financing Grows 191 Percent

Illustration (Photo: Doc Antara)

JAKARTA PT Bank Muamalat Indonesia Tbk recorded a solid performance in financing gold ownership through the Hijrah Golden Solution product.

Until August 2024, the disbursement of this product grew 191 percent or almost three times compared to the disbursement in May 2024.

This indicates an increase in public interest in gold investment.

Bank Muamalat SEVP Retail Banking, Dedy Suryadi Dharmawan, said that currently customers are increasingly understanding the importance of investing in gold as a solution to future needs.

The recent increase in gold prices has added to public confidence in gold as a safe and profitable long-term investment instrument.

"Since we launched it in early August plus the previous introduction period of this product, the Hijrah Golden Solution has proven effective in attracting public interest. The increase in access to product financing is in line with solutions for customers to prepare funds in the future. We are optimistic that we can achieve the gold financing target that has been set until the end of the year," said Dedy in a statement to the media, Friday, September 27.

For information, Bank Muamalat has launched the Hijrah Golden Solution as a gold ownership solution for the community. This innovative product is a solution for gold ownership as an investment instrument to be more affordable for many people.

With this product, said Dedy, customers can realize various dreams such as education planning, Hajj, Umrah to preparing for retirement.

The Golden Hijrah solution uses a sale and purchase contract or Murabahah with down payments and light installments and tenors for up to 60 months. The gold gradation offered is 5, 10, 25 and 50 grams.

Bank Muamalat collaborates with PT Antam Tbk to provide gold bullion so that the gold used is guaranteed authenticity.