OJK Please Issuance Of KIK EBA Syariah As A National Infrastructure Financing Solution

Member of the Board of Commissioners of the Financial Services Authority (OJK), Tirta Segara. (Photo: Aris Nurjani/VOI)

JAKARTA - Member of the Board of Commissioners of the Financial Services Authority (OJK), Tirta Segara expressed his hope that the issuance of the Sharia Asset-Ustile Collective Investment Contract (KIK EBA) managed by PT BRI Investment Management (BRI-MI), namely KIK EBA Syariah BRI-MI Jakarta Lingkar Baratsatu (BJLB1), could contribute to supporting the financing of infrastructure projects in Indonesia.

"Through the issuance of various capital market instruments, be it stocks, bonds, or sukuk, or various other funding schemes, such as EBA, which we celebrate together this morning, business actors can obtain funds to finance their activities to build infrastructure," he said at the Issuance Ceremony for the Issuance of Collective Investment Contracts for Sharia Asset-MI Sharia Assets BRI-MI Jakarta Lingkar Baratsatu, Monday, November 10.

He added that this issuance is not only beneficial for business actors, but the government can also use the capital market to strengthen development financing.

Tirta explained that the issuance of EBA BRI-MI Jakarta Lingkar Baratatu is one of the new innovations in the Indonesian capital market and this product is also the first KIK EBA Syariah to be present in the national capital market.

"It is hoped that in the future more business actors will use the capital market as a source of financing in accordance with sharia principles that can strengthen the national financing ecosystem," he explained

Furthermore, he added, the product is expected to be able to expand investment options in the capital market as well as become a real example of how asset securitization can be a sustainable financing solution.

The financial sector, especially the capital market, is a sector that depends heavily on trust, especially trust from investors. Without trust from capital market investors, it will not grow sustainably," he explained.

According to him, all industry players need to maintain good governance so that the Indonesian capital market remains a trusted and sustainable means of investment and funding.

Sebelumnya, Direktur Penilaian Perusahaan BEI I Gede Nyoman Yetna menyampaikan, efek beragun aset syariah (EBAS) tersebut diterbitkan dengan nilai sebesar Rp1,8 triliun, memperoleh peringkat idAAA dari Pefindo, dan menawarkan imbal hasil 8,5 persen.

"Kami sebagai regulator berharap setelah pencatatan hari ini PT Jakarta Lingkar Baratsatu dapat terus meningkatkan performanya dan tentu juga dari sisi Gevormance, kami berharap PT BRI-MI selaku manager investasi dapat senantiasa melakukan secara profesional dengan memberikan perlindungan bagi kepada pemegang ebus syariah," tuturnya.

Dia menambahkan, kehadiran produk ini diharapkan dapat menambah pilihan instrumen investasi bagi investor pasar modal Indonesia, sekaligus memberikan manfaat nyata bagi pertumbuhan ekonomi nasional yang inklusif dan berkelanjutan.

Previously, IDX Director of Corporate Assessment I Gede Nyoman Yetna said that the effect of the sharia asset (EBAS) was issued with a value of IDR 1.8 trillion, received an idAA rating from Pefindo, and offered a yield of 8.5 percent.

"We as regulators hope that after listing today PT Jakarta Lingkar Baratatu can continue to improve its performance and of course also from the Gvormance side, we hope that PT BRI-MI as the investment manager can always do it professionally by providing protection for sharia ebus holders," he said.

He added that the presence of this product is expected to increase the choice of investment instruments for Indonesian capital market investors, as well as provide tangible benefits for inclusive and sustainable national economic growth.