ST014 Savings Sukuk Ordering Volume At Bank Muamalat Increases 73.8 Percent

Bank Muamalat (Between)

JAKARTA - PT Bank Muamalat Indonesia Tbk recorded an increase in the order for the ST014. The retail state sukuk is offered from March 7 to April 16, 2025.

Bank Muamalat President Director Imam Teguh Saptono said, ST014 received a very positive response from the public. This can be seen from the number of investors who grew 73.8 percent compared to the number of investors who ordered the previous series of savings sukuk, namely ST013. Likewise, in terms of volume, the value increased by 307.5 percent compared to the previous Sukuk series.

"The promo in the form of cash rewards for fresh funds, thank God, is an attraction for customers. In addition, we also invite customers who are eligible to invest," said Imam in a written statement, Tuesday, April 22.

He added that the first retail State Sharia Securities (SBSN) in 2025 have two options, namely ST014T2 with a tenor of two years and a yield rate of 6.50 percent per year. Then Green Sukuk ST014T4 with a tenor of four years with a yield of 6.60 percent per year. The returns are paid on the 10th of each month.

"These returns are still interesting in the midst of the current average financial market yields. By investing in state sukuk, investors and distribution partners also play a role in building the nation," said Imam.

The return of the two ST014 series is floating in exchange for minimal (floating with floor). Another attraction of this sharia investment product is guaranteed by the state so that ST014 investors tend not to fail to pay.

Moreover, the issuance and management follow sharia governance and is used for state development. ST014T2 will mature on April 10, 2027, while ST014T4 will mature on April 10, 2029.