Indonesian Sharia Bank Officially Debuts On The Indonesia Stock Exchange

BSI debuts on the Indonesia Stock Exchange (Photo: Capture the BSI screen)

JAKARTA - PT Bank Syariah Indonesia Tbk (BSI) officially debuted on the Indonesia Stock Exchange (IDX) today Thursday, February 2. President Director of BSI Hery Gunardi said that his party is committed to serving all people with a variety of selected banking products.

"The presence of the Indonesian Sharia Bank is a form of commitment to realizing a sharia economy and a strategic step to make Indonesia one of the centers of Islamic finance in the world," he said when giving a speech at the IDX.

Hery added, Bank Syariah Indonesia, which is coded as BRIS shares, also has a concept that can be optimized for equitable distribution of the community's economy.

"We are ready to carry out the mission of equitable development through the zakat, infaq and alms system," he said.

In terms of performance, the BSI boss said that the mandate carried out was not only about merging three state sharia banks, but how to encourage performance improvements.

"Our task is not only to combine the three previous Islamic banks, but also to improve business processes, strengthen risk management," he said.

For information, Bank Syariah Indonesia is a financial institution resulting from the merger of PT Bank Rakyat Indonesia Syariah Tbk (BRIS), PT Bank Syariah Mandiri (BSM), and PT Bank Negara Indonesia Syariah (BNI Syariah) and is predicted to become the largest Islamic bank in the country.

Meanwhile, in terms of share ownership, Bank Mandiri controlled 51.2 percent. Followed by BNI at 25 percent, and BRI with 17.4 percent. Meanwhile, public investors control 4.4 percent and DPLK BRI-Sharia shares as much as 2 percent.