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LEADING THE NEW ERA
OF BULLION BANK
PT Bank Syariah Indonesia (Persero) Tbk
Annual Report 2025
Page 2
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
LEADING THE NEW ERA
OF BULLION BANK
2025 marks a historic milestone and signifies a new chapter for Bank Syariah Indonesia
(BSI). An era where trust, values, and the future converge through the emergence of
the Bullion Bank. As the first Bullion Bank in Indonesia, this achievement is driven
by the belief that gold is more than a symbol of wealth, but also represents stability,
continuity, and value preserved across generations. By integrating the historic role
of gold in Islamic tradition with the power of modern technology, BSI affirms its
commitment to delivering financial services that are fair, accessible, and meaningful
for all.
In this new era, the Bullion Bank becomes more than a product innovation, it represents
a paradigm shift in how gold is viewed as a new pillar of the sharia economy. BSI opens
wider access for individuals to utilize gold as an instrument for future planning, while
strengthening a sharia ecosystem that supports empowerment, economic resilience,
and community well-being. Through broader collaboration, progressive digital
initiatives, and a strong governance foundation, BSI stands as a leader that provides
direction and confidence amid dynamic industry transformation.
With this spirit, we move forward together into an era where gold becomes more
than a valuable asset, it becomes a symbol of opportunity, blessing, and an inclusive
future. This is BSI’s commitment as the Bullion Bank: to lead the journey toward a
stronger, more resilient sharia financial landscape that delivers sustainable benefit for
Indonesia.
ANNUAL REPORT 2025
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MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
THEME CONTINUITY
2025
LEADING THE NEW ERA
OF BULLION BANK
2025 marks a new chapter for BSI as it enters the era of
the Bullion Bank through Indonesia’s first sharia-based
gold banking service. This milestone reflects a renewed
perspective that positions gold as a symbol of stability,
sustainability, and long-term value. By combining
2024
Islamic heritage with modern technology, BSI expands Level Up to The Next Journey
access to gold as a future-planning instrument while
strengthening a sharia ecosystem that supports
empowerment and economic resilience. Through
broader collaboration, progressive digital initiatives, and
strong governance, BSI steps forward as a leader guiding
the industry toward a more inclusive and sustainable The year 2024 is a remarkable year for PT Bank
future for Indonesia. Syariah Indonesia Tbk (BSI). BSI has set its course
to “Level Up to the Next Journey” after successfully
navigating its first three years with numerous
achievements worth celebrating. This level-up
initiative is being carried out across various aspects,
including enhancing employee competencies and
capabilities, as well as improving BSI’s financial
performance to strengthen its competitiveness
in the global market. In 2024, BSI will continue to
move forward and transform towards a new era
that is more advanced, innovative and in line with
the needs of the times. BSI strives to continue to
develop, strengthen its position in the market,
and become more relevant to technological
developments, economic dynamics, and the
public’s desire for more modern and sustainable
banking products.
BSI has carried out digital transformation and
innovation in products and services. This bank is
committed to providing services that are more
efficient and more in line with technological
developments. To be able to adapt to global
trends and existing challenges, the bank is
making innovations in sharia financial products,
sustainability, as well as efforts to reach more new
customers, especially through digital platforms. The
various transformations that the bank has carried
out in 2024 have achieved good performance in
terms of asset growth, increased profits, as well
as wider expansion throughout Indonesia and
the global market. Going forward, the bank will
be able to strengthen its competitiveness in both
the domestic and international sharia banking
markets. In this way, BSI is increasingly recognized
as a superior sharia bank, which is able to compete
with conventional banks and other financial
institutions.
LEADING THE NEW ERA OF BULLION BANK
2 PT BANK SYARIAH INDONESIA (PERSERO) TBK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
THEME CONTINUITY
2022
Collaboration to
Accelerate Growth
2023 The year 2022 marks the first full year of PT Bank Syariah Indonesia
Tbk’s (“BSI”) operations to be conducted comprehensively and
integrative, following the establishment of “Operational Day 1”
Expanding, Accelerating, on November 1, 2021. Throughout the year, BSI consistently built
Sustainable Growth synergies between the strengths of three large Islamic banks
into one, both in terms of capital, information technology, service
infrastructure and a variety of products and services. BSI also moved
quickly to collaborate with various elements in Indonesia’s Islamic
economic ecosystem. These synergy and collaboration steps have
proven to be able to drive BSI’s performance to a satisfactory level,
The year 2023 marks a significant milestone for as the spearhead
Bank Syariah Indonesia (BSI). On August 17, 2023,
the Bank upgraded its representative office in
Dubai, United Arab Emirates, to a full branch
office. This change in status will greatly help BSI
expand and maximize its global market potential.
This strategic policy is projected to help the Bank
accomplish its goal of being a “Top 10 Global Islamic
Bank”.
The Bank’s expansion extends beyond the
improvement of its international operational
network and finance disbursement. Acceleration 2021
activities continue to be carried out by developing
digital services to give clients with the most New Energy
comprehensive, secure, and convenient services
while expanding market access. The Bank continues for Indonesia
to ensure the security and confidentiality of data
from digital access through the implementation of
governance and risk management in information
technology.
In order to support these expansion and
acceleration operations, BSI created Business
Continuity Management (BCM) procedures
PT Bank Syariah Indonesia Tbk (BSI) is just one year old, being formed
and reinforced its organizational management.
by the merging of 3 (three) Islamic banks that are members of the
BSI anticipates that the strategic policies and
Association of State-Owned Banks (Himbara). The establishment
achievements in 2023 will contribute to higher
of this bank on February 1, 2021, was immediately inaugurated by
growth in the Bank’s performance.
President Ir. H. Joko Widodo at the State Palace.
The many initiatives and innovations implemented
BSI has accomplished incredible things at such a young age. The
have resulted in continuous, balanced, and long-
average financial performance increased. The integration of legacy
term performance growth for BSI. This is also a
banks’ operating functions is also going well. BSI has also opened a
positive step in boosting the national economy.
representative office in Dubai, the world’s financial capital.
At the same time, as Indonesia’s largest Sharia
All of this is due to the hard work, innovation, and dedication of all
bank, BSI continues to develop and help MSMEs
BSI employees, as well as the support of stakeholders, who enable
in progressing to the next level. The Bank is also
the Bank to provide excellent services. On this foundation, we will all
working to strengthen the “Islamic Ecosystem”
strengthen our commitment and renew our passion to make Bank
in order to become more competitive on a global
Syariah Indonesia stronger so that it can become New Energy for
scale.
Indonesia.
ANNUAL REPORT 2025
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MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
TABEL OF CONTENTS
MEMIMPIN ERA BARU BANK 95 Daftar Keanggotaan Asosiasi Merintis dan Memperkuat
01 181
EMAS Bisnis Berkelanjutan
96 Struktur Organisasi
Tinjauan Operasional Per
02 KESINAMBUNGAN TEMA 98 Profil Dewan Komisaris 184
Segmen Usaha
04 DAFTAR ISI Perubahan Komposisi 186 Corporate Banking
106
Anggota Dewan Komisaris
188 Commercial Banking
KINERJA TERBAIK & 108 Profil Direksi
06
BERKELANJUTAN 2025 191 Hubungan Kelembagaan
Perubahan Komposisi
118
Anggota Direksi 193 Ritel
Profil Dewan Pengawas Treasury Banking dan
120 195
IKHTISAR UTAMA Syariah Kantor Pusat
Perubahan Komposisi 198 Tinjauan Keuangan
17 Ringkasan Kinerja 2025 125 Anggota Dewan Pengawas
Syariah 198 Kinerja Keuangan
Ikhtisar Data Keuangan
18
Penting 209 Laporan Arus Kas
126 Profil Pejabat Eksekutif
23 Informasi Saham Laporan Rekonsiliasi
130 Profil Pejabat Eksekutif 211
24 Aksi Korporasi Pendapatan dan Bagi Hasil
132 Profil Pegawai
Penghentian Sementara Laporan Sumber dan
213
Perdagangan Saham 134 Komposisi Pemegang Saham Penyaluran Dana Zakat
25 (Suspension) dan/atau
Pemegang Saham Utama Laporan Sumber Dan
Penghapusan Pencatatan 141
dan Pengendali 214 Penggunaan Dana
(Delisting)
Kebajikan
Informasi Sukuk, dan/atau Daftar Entitas Anak, Entitas
25 Obligasi Syariah Mudharabah 141 Asosiasi dan Perusahaan Laporan Distribusi Bagi
215
Konversi Ventura Bersama Hasil
Informasi, Sumber 142 Struktur Grup Perusahaan Kemampuan Membayar
26 217 Utang dan Kolektibilitas
Pendanaan Lainnya
Informasi Kelompok Usaha Piutang
142
26 Peristiwa Penting Bank
Analisis Kualitas Aset
143 Kronologi Penerbitan Saham 220
Produktif
Kronologi Penerbitan dan/ 222 Struktur Modal
LAPORAN MANAJEMEN 144
atau Pencatatan Efek Lainnya
Ikatan Material Terkait
Informasi Penggunaan Jasa 225
31 Laporan Dewan Komisaris Investasi Barang Modal
145 Akuntan Publik (AP) dan
42 Laporan Direksi Kantor Akuntan Publik (KAP) 226 Komitmen dan Kontinjensi
Laporan Dewan Pengawas Lembaga dan/atau Profesi Informasi dan Fakta
56 146
Syariah Penunjang 228 Material yang Terjadi
Setelah Tanggal Pelaporan
148 Penghargaan dan Sertifikasi
Target dan Realisasi Tahun
156 Informasi Pada Website 228
PROFIL PERUSAHAAN 2025
232 Target/Proyeksi Tahun 2026
65 Identitas Perusahaan
Kebijakan, Pengumuman
67 Brand Perusahaan ANALISIS & PEMBAHASAN 234
dan Pembayaran Dividen
MANAJEMEN
68 Riwayat Singkat Perusahaan Realisasi Penggunaan dana
159 Tinjauan Perekonomian 234
Hasil Penawaran Umum
70 Jejak Langkah
167 Strategi Perusahaan
Informasi Material
Visi, Misi, dan Budaya
72 170 Aspek Pemasaran Mengenai Investasi,
Perusahaan
Ekspansi, Divestasi,
74 Kegiatan Usaha Penanganan Pengaduan Penggabungan/
176
Nasabah Peleburan Usaha, Akuisisi,
236
76 Produk dan Jasa Restrukturisasi Utang/
Prospek Usaha dan Strategi
177 Modal, Transaksi Material,
84 Wilayah Operasional Tahun 2026
Transaksi Afiliasi, dan
Nama dan Alamat Kantor Transaksi Benturan
86 Kepentingan
Wilayah dan Kantor Cabang
LEADING THE NEW ERA OF BULLION BANK
4 PT BANK SYARIAH INDONESIA (PERSERO) TBK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
TABEL OF CONTENTS
Informasi Transaksi Material Pelaksanaan Tata Kelola Program Anti Pencucian
yang Mengandung 290 Perusahaan Tahun 2025 & Uang, Pencegahan
238 Benturan Kepentingan Rencana 2026 Pendanaan Terorisme, dan
526
dan/atau Transaksi dengan Pencegahan Pendanaan
Pihak Afiliasi Penerapan Pedoman Tata Proliferasi Senjata Pemusnah
291
Kelola Perusahaan Terbuka Massal (APU-PPT-PPPSPM)
Perubahan Peraturan
246 Perundang-Undangan dan Penilaian Penerapan Tata 529 Perkara Hukum
295
Dampaknya Kelola
Akses Informasi Dan Data
Penilaian Penerapan GCG 532
Perubahan Kebijakan 309 Perusahaan
246 oleh Pihak Eksternal
Akuntansi
533 Kode Etik
247 Tingkat Kesehatan Bank Struktur dan Mekanisme
313
Tata Kelola Perusahaan Kebijakan Pemberian
Informasi Kelangsungan 536 Kompensasi Jangka Panjang
247 Rapat Umum Pemegang
Usaha 316 Berbasis Kinerja
Saham
Pengungkapan Kerangka 537 Whistleblowing System
Governansi, Pengelolaan 334 Dewan Komisaris
248 540 Program Anti Korupsi
dan Pengendalian Aspek
Remunerasi dan Nominasi
Perpajakan
370 Direksi, Dewan Komisaris, dan 542 Kebijakan Anti Fraud
Batas Maksimum Dewan Pengawas Syariah
249 Kebijakan Benturan
Penyediaan Dana (BMPD) 545
Penerapan Tata Kelola dalam Kepentingan
250 Transaksi Spot dan Forward 371 Pemberian Remunerasi Bagi
Bank Umum Syariah 546 Insider Trading
251 Human Capital
Kebijakan Keberagaman Penyediaan Dana Kepada
Strategi dan Kebijakan 280 Direksi, Dewan Komisaris, dan 547 Pihak Terkait dan Penyediaan
252 Dana Besar
Human Capital Dewan Pengawas Syariah
Pelaksanaan Manajemen Transparansi Kepemilikan Transparansi Kondisi
254 548 Keuangan dan Non
Human Capital Saham Direksi, Dewan
382 Keuangan Bus
Komisaris dan Dewan
269 Teknologi Informasi Pengawas Syariah
Buy Back Shares dan/atau
548
Master Plan dan Strategi Organ dan Komite-Komite di Buy Back Obligasi
270 385
Teknologi Informasi Bawah Dewan Komisaris
Pemberian Dana Untuk
270 Inovasi Teknologi Informasi 386 Komite Audit Kegiatan Sosial dan/atau
549
Kegiatan Politik Selama
Infrastruktur Teknologi Komite Remunerasi dan Periode Pelaporan
272 397
Informasi Nominasi
Penerapan Tata Kelola
Tata Kelola Teknologi 550
406 Komite Pemantau Risiko Terintegrasi
272 Informasi & Strategi
Cybersecurity Laporan Pelaksanaan Tata 554 Manajemen Risiko
417 Kelola Syariah dan Penilaian
Struktur Pengelola Penerapan Tata Kelola Syariah 571 Eksposur Risiko
280
Teknologi Informasi
418 Dewan Pengawas Syariah
Rencana Kerja Teknologi
280
Informasi Tahun 2026 431 Direksi TANGGUNG JAWAB SOSIAL DAN
LINGKUNGAN
469 Komite Direksi
484 Sekretaris Perusahaan Pengantar Tanggung Jawab
613
TATA KELOLA PERUSAHAAN Sosial dan Lingkungan
501 Hubungan Investor
Kebijakan dan Komitmen
614
Pencapaian Penerapan Tata 504 Audit Intern Keberlanjutan
283
Kelola
514 Sistem Pengendalian Internal 614 Strategi dan Pilar TJSL
Komitmen Penerapan Tata
285 Implementasi Internal Control Implementasi Program
Kelola Perusahaan yang Baik 614
515 over Financial Reporting Berdasarkan Pilar
Dasar Penerapan Tata Kelola (ICoFR)
286 Referensi Laporan
Perusahaan 617
516 Akuntan Publik Keberlanjutan
Roadmap Tata Kelola
288 Satuan Kerja Manajemen
Perusahaan 518
Risiko 618 Index Seojk
522 Fungsi Kepatuhan
ANNUAL REPORT 2025
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MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
STRONG & SUSTAINABLE
PERFORMANCE 2025
BSI stands as Indonesia’s largest sharia bank, supported by a strong nationwide network and
a wide customer base. Its services span wholesale, consumer, retail, trading, and safekeeping,
reinforced by solid digital and physical infrastructure. Entering 2025, BSI marks an important
milestone with the Bullion Bank license, becoming Indonesia’s first Bullion Bank and
opening new pathways for customers, income, and business growth.
Lisensi Perbankan Syariah – 2021 Bullion Bank License – 2025
The Government (MSOE) own BSI directly BSI Leads Gold Market
Nationwide Serving Millions through one golden share and indirectly Transformation as Indonesia’s first
Presence 23.14 Mn* through Mandiri, BNI and BRI Bullion Bank
Over 1,030 customer
branches across nationwide
Indonesia Shareholder
composition
*Data as of Desember 2025
1*
Dominance Market Share
Bank Syariah: Bank Nasional:
6.99% 2.86% 51.47%
to to
8.02% 3.64%
New Customer
Market share in Financing (2020 vs June 2025)
Infrastructure
23,24% New Income
15.38%
New Business
9.91%
* golden share
LEADING THE NEW ERA OF BULLION BANK
6 PT BANK SYARIAH INDONESIA (PERSERO) TBK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BSI strengthened its strategic advantage
as Indonesia’s first bullion bank, supported
by robust growth in gold financing and the
scaling-up of its digital gold offering as of
December 2025.
Gold Installment recorded 358,400 new customers with
disbursement reaching IDR 14,413 billion, while Gold Pawning
added 21,623 new customers with disbursement of IDR 32,478
billion. This expansion lifted Gold Installment interest income
to IDR 769 billion (+126.84% YoY) and increased Gold Pawning
fee-based income to IDR 1,398 billion (+50.32% YoY). Digital
Gold further reinforced BSI’s gold ecosystem by
adding 531,229 new customers (+417.28% YTD),
increasing gold balance to 1,844 kg (+315.44%
YTD), and raising fee-based income to IDR
270.13 billion (+2,271.64% YoY), underscoring the
new value created through BSI’s Bullion Bank
services.
Collectively, these achievements underscore the expansion of BSI’s gold
ecosystem and the new value created through its Bullion Bank proposition.
BSI Bullion Bank 2025 Performance Highlights
GOLD INSTALLMENT GOLD PAWNING DIGITAL GOLD
New Customer 531,229
358,400 21,263
Rp14,413 Billion Rp32,478 Billion 1,844 kg
Disbursement
▲ 92.38% YoY ▲ 52.87% YoY ▲ 315.44% Ytd
ANNUAL REPORT 2025
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MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BYOND makes gold investment
accessible to everyone,
offering ownership starting
from Rp50,000 and physical
gold printing from 2 grams.
The platform enables seamless
gram-based transactions with real-
time buy and sell available 24/7.
Its value proposition focuses on
affordability, liquidity, and safety,
supported by competitive pricing,
trusted and secure processes,
physical gold backing, and a hassle-
free user experience.
BYOND – Bringing Gold Investment Closer to Everyone
Realtime
Gold Print gold
Buy & Sell Seamless
ownership starts from Rp Grams
starts from Available
Transaction
IDR 50,000 2 gram 24/7
AFFORDABILITY, LIQUID & SAFETY
Competitive
Trusted, Authentic Backed by Hassle
Safe physical gold Free
Pricing &
Secure
LEADING THE NEW ERA OF BULLION BANK
8 PT BANK SYARIAH INDONESIA (PERSERO) TBK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BSI continued to strengthen low-
cost funding through Hajj Savings,
supported by the expanding national
Hajj ecosystem and stronger customer
acquisition via digital channels. This
momentum broadened BSI’s customer
base, with total customers rising from
17.78 million in 2022 to 23.14 million in
2025. The growth was primarily driven
by Hajj Savings reaching 6.63 million
customers, digital gold with 531 thousand
customers, and gold financing serving
681 thousand customers. The expansion
of this ecosystem also enhanced BSI’s
appeal to both Muslim and non-Muslim
customers, as reflected in the increase in
the share of non-Muslim customers from
9.01% to 13.30%.
Dual-Licensed Platform Unlocks Strong, Multi-Year Customer Expansion
Dual-Licensed Platform Unlocks Strong, Multi-Year
Customer Expansion
2023 2024 2025 (Million Customer)
Total +22.78% +22.50%
Customer 15.93 17.78 19.65 21.11 23.14
(Mn) 6.63 1.51
+12.50% +13.98%
5.40 1.23
2.83
4.80 1.08
1.46
1.87
1.65
1.52 Hajj Customer Payroll Customer
(‘000 Nasabah)
+417.38% +39.62%
531.33 +51.86%
14.41 531.33
+13.97%
487.42 181.04
320.96 150.58
499.47
102.70 135.32 336.84
90.10
185.65
Pre-Merger 2021 2022 2023 2024 2025
Gold Financing Customer Gold Financing Customer
Gadai Cicilan
9.01% 13.30%
Growing participation
from non-Muslim Muslim
customer 2022 2025 Non Muslim
90.99% 86,70%
ANNUAL REPORT 2025
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MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
As part of Bank Syariah Indonesia’s (BSI) social commitment, the distribution
of social and religious funds is carried out in a structured manner through
BSI Maslahat as the Bank’s partner in managing Zakat, Infaq, Sadaqah, and
Waqf (ZISWAF), ensuring that BSI’s social contributions deliver measurable,
targeted, and sustainable impact. During the reporting period, BSI Maslahat
channeled ZISWAF funds across five priority areas, education amounting to
Rp114.8 billion, healthcare Rp11.8 billion, social empowerment Rp148.8 billion,
economic development Rp26.4 billion, and Islamic programs Rp38.2 billion,
collectively reaching tens of hundreds of beneficiaries across Indonesia. In
line with this, the distribution of zakat funds to zakat management entities
continued to show an upward trend, from Rp268 billion in 2024 to Rp316 billion
as of December 2025, bringing the total to Rp1,103 billion since 2021, reflecting
BSI’s increasingly solid financial performance while further strengthening the
Bank’s role in promoting social welfare and sustainable development through
the trustworthy and professional management of ZISWAF.
Progressive Contribution to Indonesia
BSI Maslahat serves as BSI’s vehicle for ZISWAF (Zakat, Infaq, Sadaqah, and
Waqf) distribution, focusing on the following areas:
Educations Health Social Economy Islamic
Program
Rp
114.83 Bn Rp
11.82 Bn 148.80 Bn
Rp Rp
26.41 Bn Rp
38.15 Bn
23.04 thousand 27.34 thousand 599.13 thousand 591.12 thousand 45.90 thousand
beneficiaries beneficiaries beneficiaries beneficiaries beneficiaries
Zakat Distribution
The distribution of zakat funds in 2025 increased in line
with the rise in recorded profitability.
(Rp billion)
316
268
223
173
2022 2023 2024 2025
LEADING THE NEW ERA OF BULLION BANK
10 PT BANK SYARIAH INDONESIA (PERSERO) TBK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BSI’s ESG progress continues to strengthen across banking, operations, and social
outreach. The sustainable financing portfolio reaches Rp73.92 trillion, consisting of Rp15.66
trillion in green financing, Rp58.26 trillion in social financing, and Rp396 billion in electric vehicle
financing, supported by the issuance of Rp5 trillion Sustainability Sukuk Phase II. Operational
initiatives included the launch of the BSI Landmark Aceh and BSI Tower green buildings,
the installation of solar panels, recycling machines, electric charging stations, and the
operation of 144 electric vehicles, accompanied by the launch of digital carbon tracking for
Scope 1 and Scope 2 emissions. BSI also enhanced data privacy, cybersecurity compliance,
and gender inclusivity, with women accounting for 41% of employees. Furthermore, beyond
banking collaborated with BSI Maslahat to distribute Rp400 billion.
ESG Highlights
BANKING
Sustainable Financing Portfolio is Green Financing Social Financing Electric vehicle Sustainability
about 23.18% of total loan which Portfolio is about Portfolio is about Portfolio Sukuk Phase
consist of: 21.20% 78.80% II
RP
73.92 Tn Rp
15.66 Tn Rp
58.26Tn Rp
396 Bn Rp 5 Tn
ESG Rating 1st Global Islamic Bank
OPERATION
Green building office:
Landmark BSI Aceh & BSI
11 13 70 144
Tower Solar Panel in BSI Charging station in BSI Unit recycle bottle Operational
Outlets and DESA BSI Head Office & Outlets vending machine in electric vehicles
Jabodetabek & Bali
Digital carbon tracking
launch: BSI ESG Articles : 140,147 articles
Co2eq BSI ESG Landing Page :
19,374.40 Scope 1*
female
https://ir.bankbsi.co.id/esg/home.html Male 41%
59%
Co2eq
70,356.55 Scope 2* To achieve gender equality,empowerment
for women, BSI has committed to create an
41%
inclusive work. environment female employee
*) Notes: Scope 1 for Fuel; Scope 2 for Electricity (2025)
BEYOND BANKING Pillar
Composition Disbursement No of People
(%) (Rp Billion) Impacted (‘000)
Economic Pillar 6.6% 26.4 591.1
Rp
400 Bn Education Pillar
Humanitarian Pillar
28.7%
37.2%
114.8
148.8
23
599.1
Total distribution value of BSI UPZ, Health Pillar 3% 11.8 27.3
Zakat, Infaq, Social Funds, and Waqf Dakwah & Advocay Pillar 9.5% 38.2 45.9
as per December 2025 Amil 15% 60 -
ANNUAL REPORT 2025
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MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BSI continues to strengthen the implementation of sustainable finance in line with POJK
No. 51/POJK.03/2017 concerning the Implementation of Sustainable Finance for Financial
Service Institutions, Issuers, and Public Companies, as reflected in the steady growth
of social- and green-based financing. The composition of the green financing portfolio
demonstrates significant contributions across various environmental segments. As of
December 2025, the Company’s green financing portfolio was primarily driven by eco-efficient
products at 41.15%, followed by management of biological natural resources and sustainable
land use at 36.90%, eco-friendly business operations and related activities at 10.14%, green
transportation at 6.05%, renewable energy at 4.54%, sustainable buildings compliant with
recognized standards at 0.65%, and sustainable water and wastewater management at 0.58%.
This composition reflects BSI’s commitment to strengthening environmental and social
impact through a diversified sustainable financing portfolio.
Details on Sustainable Finance
Regulatory Underlying
Green Financing Portfolio Mix by Segment
%
Renewable
4.32%
Energy
OTORITAS JASA KEUANGAN 4.54% 22 bps
REPUBLIK INDONESA
SALINAN
PERATURAN OTORITAS JASA KEUANGAN Management of Biological
NOMOR 51/POJK.03/2017 48.74%
Natural Resources and
TENTANG
Sustainable Land Use (1184 bps)
PENERAPAN KEUANGAN BERKELANJUTAN 36.90%
BAGI LEMBAGA KEUANGAN, EMITEN, DAN
PERUSAHAAN PUBLIK
Green Transportation
Sustainable Finance at BSI following POJK No. 51/ 2.25%
380 bps
POJK.03/2017 concerning the Implementation 6.05%
Guidelines of Sustainable Finance for Financial
Service Institutions, Issuers, and Public
Sustainable Water and
Companies. Wastewater Management
0.65%
0.58% (7 bps)
+11.2%
+15.23% Products That Can Reduce
41.27%
Resource Usage
+12.06% 72.86 (13 bps)
41.15%
+10.59% 66.49
57.70
51.49
46.56 78.82% Sustainable Buildings Compliant
0.95%
with Recognized Standards
78.82% (30 bps)
0.65%
78.80%
81.22%
84.75%
Eco-Friendly Business Operations
1.82%
and Related Activities
21.18% 21.18% 10.14% 832 bps
18.78% 21.20%
15.25%
2021 2022 2023 2024 2025
Green Based Business Activity (KUBL) Social Based Business Activity (KUBS) December 2024 December 2025
LEADING THE NEW ERA OF BULLION BANK
12 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 15
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
FINANCIAL
PERFORMANCE
ACHIEVEMENTS 2025
Assets Fee Based Income
Rp
456.19 Trillion Rp
6.94 Trillion
11.64% yoy 25.06% yoy
Third-Party Funds Net income
Rp
380.49 Trillion Rp
7.57 Trillion
16.20% yoy 8.02% yoy
NPF Gross ROE
1,81% 16.85%
- 0.09% yoy
ANNUAL REPORT 2025
13
Page 16
MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
Mobile Banking
User Registration BYOND Collection of Corporate
by BSI + BSI Mobile and Employee Zakat
Increased by
Rp 9,347,427 Million 7.8%
21.3% yoy from 2024
Company Zakat
Number of Transactions Rp
Rp 730,508,065 250,292,631.816
Million Billion
32.3% yoy
Employee Zakat
BYOND by BSI Rp
User Registration 39,083,838.948
Rp 5,888,638 Million Billion
197.4% yoy
Total Zakat
Rp
289,376,460.764
Billion
LEADING THE NEW ERA OF BULLION BANK
14 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 17
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
ANNUAL REPORT 2025
15
Page 18
01 HIGHLIGHTS
MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
MAIN
HIGHLIGHTS
Entering a new era, BSI continues to
strengthen its role as a modern sharia
bank that is growing, relevant, and
impactful. Every achievement throughout
the year serves as a foundation to expand
value, trust, and leadership for the future.
LEADING THE NEW ERA OF BULLION BANK
16 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 19
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
Performance Summary 2025
Total Assets Third-Party Funds NPF Gross
(in millions of rupiah) (in millions of rupiah) (%)
380,488,302
456,192,606
408,613,432
327,454,166
353,624,124
293,775,930
0.55
0.50
0.47
2023 2024 2025 2023 2024 2025 2023 2024 2025
Fee Based Income Net Income Total Equity
(in millions of rupiah) (in millions of rupiah) (in millions of rupiah)
51,952,874
6.936.596
7,567,523
7,005,888
45,041,572
5,556,479
5,703,743
38,739,121
4,204,466
2023 2024 2025 2023 2024 2025 2023 2024 2025
ROE
(%)
17.77
16.88
16.85
2023 2024 2025
ANNUAL REPORT 2025
17
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01 HIGHLIGHTS
MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
OVERVIEW OF KEY FINANCIAL DATA
STATEMENT OF FINANCIAL POSITION
(in millions of rupiah)
Descriptions 2023 2024 2025
Assets
Cash 5,255,841 8,080,689 8,690,766
Current Accounts and Placements with Bank Indonesia 32,440,778 49,966,279 51,603,043
Current Accounts and Placements with Other Banks - Net 2,303,728 3,866,065 4,550,662
Investment in Marketable Securities - Net 71,169,020 62,216,518 59,650,488
Acceptance Receivables - Net 426,916 183,294 686,185
Murabahah Receivables - Net 132,154,963 140,025,625 144,782,437
Istishna Receivables - Net 28 11 -
Ijarah Receivables - Net 205,167 169,901 152,050
Funds of Qardh - Net 10,489,164 12,986,090 16,973,755
Mudharabah Financing - Net 1,831,652 2,843,591 2,837,853
Musyarakah Financing - Net 83,756,501 109,042,087 139,249,187
Assets Acquired for Ijarah - Net 2,190,107 3,122,255 3,866,097
Fixed Assets and Right-of-Use Assets - Net 5,352,843 7,723,853 11,421,035
Intangible Assets - Net 1,128,334 2,102,344 2,436,092
Deferred Tax Assets 1,665,694 2,056,727 1,875,326
Other Assets - Net 3,253,388 4,228,103 7.417.629
Total Assets 353,624,124 408,613,432 456,192,606
Liabilities, Temporary Shirkah Funds and Equity
Liabilities
Obligations Due Immediately 1,316,067 858,643 937,353
Undistributed Revenue Sharing 255,932 291,578 258,515
Wadiah Deposits 91,101,595
Wadiah Demand Deposits 20,847,524 19,147,079 27,790,474
Wadiah Savings Deposits 47,026,374 55,280,067 63,311,121
Deposits from Other Banks
Wadiah demand deposits 125,337 174,879 88,088
Wadiah Savings deposits 7,788 8,985 17,704
Interbank Mudharabah Investment Certificate (“SIMA”) 1,628,176 3,366,650 2,645,000
Sharia Compliant Interbank Fund Management Certificate
2,693,886
(“SIPA”) - 600,834
Liabilities to Bank Indonesia 11,900,055 18,417,864 0
Acceptance Liabilities 431,228 185,145 693,116
Taxes Payable 539,042 889,642 439,413
Employee Benefits Liabilities 667,264 534,730 578,150
Estimated Losses on Commitments and Contingencies 32,017 24,045 26,183
Other Liabilities 2,446,107 5,867,830 8,095,070
Total Liabilities 85,594,735 102,281,320 104,929,242
LEADING THE NEW ERA OF BULLION BANK
18 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 21
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
OVERVIEW OF KEY FINANCIAL DATA
Descriptions 2023 2024 2025
Temporary Syirkah Funds
Mudharabah Demand Deposits 32,417,260 37,235,801 44,089,620
Mudharabah Savings Deposits 78,280,185 85,790,658 99,933,333
Mudharabah Time Deposits 115,984,789 130,678,867 146,117,636
Interbank Mudharabah Investment Certificate (“SIMA”) 1,628,176 3,366,650 2,645,000
Subordinated Sukuk Mudharabah 200,000 200,000 200,000
Issued Mudharabah Sukuk 3,608 3,018,563 6,324,901
Mudharabah Term Financing 776,250 1,000,000 -
Total Temporary Syirkah Funds 229,290,268 261,290,539 299,310,490
Equity
Paid In Capital 23,064,630 23,064,630 23,064,630
Additional Paid-in Capital (3,929,100) (3,929,100) (3,929,100)
Gain on Revaluation of Fixed Assets 444,530 553,440 553,440
Remeasurement of Employee Benefit Liabilities - Net of Tax 241,462 347,644 352,934
Gain/(Loss)
Marketable Securities - Net 6,154 (56,814) 332,558
Appropriated Retained Earnings 2,236,713 3,377,462 4,778,639
Unappropriated Retained Earnings 16,674,732 21,684,310 26,799,773
Total Equity 38,739,121 45,041,572 51,952,874
Total Liabilities, Temporary Syirkah Funds, and Equity 353,624,124 408,613,432 456,192,606
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
(in millions of rupiah)
Descriptions 2023 2024 2025
Income from Fund Management as Mudharib 22,251,743 25,298,203 28,265,491
Third Parties’ Share on Return (5,993,168) (7,889,029) (9,136,405)
Bank’s Share in Profit 16,258,575 17,409,174 19,129,086
Other Operating Income 4,204,466 5,556,479 6,936,596
Operating Expenses (10,249,204) (11,793,642) (13,700,714)
Provision for Impairment on Earning and Non-Earning Assets – Net (2,622,479) (1,893,867) (2,356,951)
Income from Operation 7,591,358 9,278,144 10,008,017
Non-Operating Income – Net (2,156) 4,312 3,688
Income Before Zakat and Tax Expense 7,589,202 9,282,456 10,011,705
Zakat (189,730) (232,061) (250,293)
Tax Expense (1,695,729) (2,044,507) (2,193,889)
Net Income 5,703,743 7,005,888 7,567,523
Total Other Comprehensive Income – Net of Tax 34,189 152,124 394,662
Total Comprehensive Income 5,737,932 7,158,012 7,962,185
Total Comprehensive Income for The Year Attributable to:
Parent Entity 5,703,743 7,005,888 7,567,523
Non-controlling Interests 0 0 0
Basic Earnings Per Share (Full Amount) 123,65 151,88 164,05
Diluted Earnings Per Share (Full Amount) 123,65 151,88 164,05
ANNUAL REPORT 2025
19
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01 HIGHLIGHTS
MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
OVERVIEW OF KEY FINANCIAL DATA
STATEMENT OF CASH FLOW
(in millions of rupiah)
Descriptions 2023 2024 2025
Cash Flows from Operating Activities
Net Cash Used in Operating Activities 2,041,035 6,822,852 14,165,560
Cash Flows from Investing Activities
Net Cash Generated from Investing Activities (11,404,359) 6,345,483 6,413,827
Cash Flows from Financing Activities
Net Cash Generated from/(used in) Financing
10,162,997 8,749,006 (17,644,971)
Activities
Net Increase in Cash and Cash Equivalents 799,673 21,906,750 2,934,416
Cash And Cash Equivalents at Beginning of Year 39,221,419 40,021,092 61,927,842
Cash And Cash Equivalents at The End of Year 40,021,092 61,927,842 64,862,258
STATEMENT ON RECONCILIATION OF INCOME AND PROFIT SHARING
(in millions of rupiah)
Descriptions 2023 2024 2025
Revenue From Fund Management as Mudharib 22,251,743 25,298,203 28,265,491
Deductions
Current Year Income in Which Its Cash and Cash
(1,691,143) (1,787,637) (2,581,799)
Equivalents Has Not Been Received
Additions
Previous Year Income in Which Its Cash and Cash
1,576,539 1,787,637
Equivalent Was Received During Current Year
Available Income for Profit Sharing 22,137,139 25,201,709 27,471,329
Bank’s Share in Profit (16,143,971) (17,312,680) (18,334,924)
Third Parties’ Share on Return 5,993,168 9,136,405
STATEMENT OF SOURCES AND DISTRIBUTION OF ZAKAT FUNDS
(in millions of rupiah)
Descriptions 2023 2024 2025
Sources of Zakat Funds
Internal Bank 189,730 232,061 250,293
External Bank
Employees 33,041 36,452 39,940
Customers and Public 34,731 38,743 43,912
257,502 307,256 334,145
Distribution of Zakat Funds
Distributed to Other Institutions (205,881) (268,348) (316,136)
Decrease in Zakat Funds 51,621 38,908 18,009
Beginning Balance of Zakat Funds 145,153 196,774 235,682
Ending Balance of Zakat Funds 196,774 235,682 253,691
LEADING THE NEW ERA OF BULLION BANK
20 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 23
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
OVERVIEW OF KEY FINANCIAL DATA
STATEMENT OF SOURCES AND USES OF QARDHUL HASAN FUNDS
(in millions of rupiah)
Descriptions 2023 2024 2025
Sources of Qardhul Hasan Funds
Infaq and Shadaqah 63,947 84,691 99,881
Penalty 17,915 21,972 23,899
Non-Halal Income 1,733 1,240 11,203
Others - 4,094 7,796
83,595 111,997 142,779
Utilization of Qardhul Hasan Fund
Donations (80,736) (117,028) (130,947)
Increase/(Decrease) in Charitable Funds 2,859 (5,031) 11,832
Beginning Balance of Qardhul Hasan Funds 7,048 9,907 4,876
Ending Balance of Qardhul Hasan Funds 9,907 4,876 16,708
FINANCIAL RATIOS
(%)
Descriptions 2023 2024 2025
Liquidity
Financing to Deposit Ratio (FDR) 81.73 84.97 83.74
Loan quality
Non-Performing Financing (NPF) Gross 2.08 1.90 1.81
Non-Performing Financing (NPF) Net 0.55 0.50 0.47
Profitability
Cost to Income Ratio (CIR) 49.86 50.89 52.13
Operating Expenses to Operating Income (BOPO) 71.27 69.93 71.57
Return on Assets (ROA) 2.35 2.49 2.38
Return on Equity (ROE) 16.88 17.77 16.85
Net Return (NI) 5.82 5.66 5.60
Profit (Loss) to Revenue Ratio 21.56 22.71 21.50
Profit (Loss) to Total Assets Ratio 1.61 1.71 1.66
Profit (Loss) to Equity Ratio 14.72 15.55 14.57
Debt to Total Assets Ratio 89.05 88.98 88.61%
Debt to Equity Ratio 812.83 807.19 778.09%
ANNUAL REPORT 2025
21
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01 HIGHLIGHTS
MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
OVERVIEW OF KEY FINANCIAL DATA
Descriptions 2023 2024 2025
Earnings Assets
Non-Performing Earnings and Non- Earnings
1.21 1.11 1.41
Assets to Total Earnings and Non-Earnings Assets
Non-Performing Earnings Assets to Total Earnings
1.54 1.39 1.42
Assets
Allowance for Impairment Losses on Financial
2.99 2.72 2.72
Assets to Earnings Assets
Capitalization
Capital Adequacy Ratio (CAR) 21.04 21.40 22.00
Compliance
Percentage of Violations and Exceedances of Legal
0.00 0.00 0.00
Lending Limit (LLL)
Statutory Reserve Requirement (Rupiah) 6.76 4.83 7.17
Statutory Reserve Requirement (Foreign Currency) 1.13 1.46 17.42
Net Open Position 2.47 2.26 5.69
OPERATIONAL HIGHLIGHTS
Description 2024 2025
Corporate Banking
Financing 58,719,889 70,842,980
Funding/Down Payment 21,619,859 44,366,869
Commercial Banking
Financing 18,497,916 19,956,543
Funding/Down Payment 12,013,780 21,047,633
Institutional Relations
Funding/Down Payment 89,456,637 103,829,629
Retail
Financing 201,263,437 228,044,238
Funding/Down Payment 205,226,059 210,861,924
LEADING THE NEW ERA OF BULLION BANK
22 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 25
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
STOCK INFORMATION
BSI 2024-2025 STOCK INFORMATION
Price per share (Rp) Number of Shares Market
Trading Volume
Year Outstanding Capitalization
Opening Highest Lowest Closing (shares)
(shares) (Rp trillion)
2025
Quarter I 2,780 3,070 2,080 2,340 46,129,260,138 1,955,738,100 107.94
Quarter II 2,080 3,000 2,080 2,580 46,129,260,138 2,311,189,300 119.01
Quarter III 2,510 2,870 2,460 2,590 46,129,260,138 1,278,798,100 119.47
Quarter IV 2,590 2,690 2,160 2,230 46,129,260,138 997,874,300 102.87
2024
Quarter I 2,740 2,750 2,670 2,710 46,129,260,138 2,804,390,100 125,01
Quarter II 2,550 2,630 2 ,550 2,620 46,129,260,138 2,342,408,300 120,86
Quarter III 3,060 3,060 3,000 3,010 46,129,260,138 2,621,611,900 138,85
Quarter IV 2,780 2 ,7 9 0 2,700 2,730 46,129,260,138 1,555,441,000 125,93
PRICE AND VOLUME MOVEMENT CHART OF BSI STOCK FOR 2021 – 2025
2022 2023
2023 2024 2025
Avg. Trading Volume: Avg. Trading Volume: Avg. Trading Volume: Avg. Trading Volume:
16.66 Mn 31.50 Mn 39.34 Mn 27.97 Mn
-25.69% 34.88% 56.90% -18.32%
FTSE Large Cap
YoY YoY YoY YoY
Index Indusion
on Sep-24 All Time High
300 After The Merger 3,500
Top 9 Foreign inflow
Global Sharia Bank +12.45%
3,160
YtD Foreign inflow
Top 10 3,070 +44.23%
250 Global Sharia Bank 3,000
+17.62%
3,000
2,850 2,870
200
2,500
2,580
+17.27% 2,080
150 2,230
Corporate Action:
Right Issue
US Liberation Day 2,000
LQ45
100 External factors:
Index Inclusion
Spin off rumor,
on Aug-22
Rebalancing MSCI
(Criteria), Asset quality
concerns (natural 1,500
50 disaster in Sumatera)
- 1,000
Dec-21 Mar-22 Jun-22 Seo-22 Dec-22 Mar-23 Jun-23 Seo-23 Dec-23 Mar-24 Jun-24 Seo-24 Dec-24 Mar-25 Jun-25 Seo-25 Dec-25
Transaction Volume (Mn Share) - LHS Share Price (IDR/Share) - RHS
ANNUAL REPORT 2025
23
Page 26
01 HIGHLIGHTS
MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
CORPORATE ACTION
SUBORDINATED SUKUK The amount of Continuous Sustainability Sukuk
MUDHARABAH Mudharabah I Bank BSI Phase II Year 2025 is
Rp5,000,000, consisting of:
On 20 June 2025, the Bank reissued the Long- •• Series A Sukuk Mudharabah with total mud-
Term Restricted Mudharabah Sukuk Without harabah sukuk funds of Rp2,445,000 with a
Public Offering I PT Bank BSI Tbk Year 2025 Phase term of 370 calendar days from the issuance
IV (“Sukuk Mudharabah Muqayyadah I Phase IV”) date and will mature on 6 July 2026;
with a nominal value of Rp8,260. The total ceiling •• Series B Sukuk Mudharabah with total mud-
for Muqayyadah Mudharabah Sukuk issuance harabah sukuk funds of Rp175,000 with a term
is Rp100,000. The respective nisbah are 36.34%, of 2 (two) years from the issuance date and will
19.75%, 19.84%, and 20.32%, which is indicated at mature on 26 June 2027; and
0.55% per year. Sukuk funds and profit sharing are •• Series C Sukuk Mudharabah with total sukuk
paid every 3 (three) months and will mature on 26 mudharabah funds amounting to Rp2,380,000
December 2035, 26 June 2036, 20 December 2036 with a term of 3 (three) years from the issuance
and 20 March 2038, respectively. date and will mature on 26 June 2028.
The issuance of the sukuk was carried out in the Acting as trustee of Continuous Sustainability
context of cooperation between the Bank and Sukuk Mudharabah I Bank BSI Phase II Year 2025 is
BP Tapera as the sole investor where BSI was PT Bank Tabungan Negara (Persero) Tbk. The Bank
appointed as the Bank that distributes Tapera has paid the profit sharing on schedule as stated
Syariah KPR to BP Tapera participants. This in the issuance agreement. The profit sharing for
cooperation scheme is regulated in Law No. 4 Year continuous sustainability sukuk for the year ended
2016 and Government Regulation No. 25 Year 2020 on 31 December 2025 and 2024 are Rp311,400 and
concerning the implementation of public housing Rp108,999, respectively.
savings. The Bank has paid the profit sharing on
schedule as stated in the issuance agreement. The Detailed on this Continuous Sustainability Sukuk
profit sharing for sukuk mudharabah muqayyadah Mudharabah Phase II issued is presented in the
for the nine-months period ended 31 December appendix of Financial Statements Note 28 in this
2025 and 2024 are Rp128 and Rp55, respectively. Annual Report.
ISSUED MUDHARABAH SUKUK
On 30 June 2025, Continuous Sustainability
Sukuk Mudharabah Phase II issued through a
public offering was listed on the Indonesia Stock
Exchange (IDX). The Continuous Sustainability
Sukuk Mudharabah I Bank BSI Phase II Year 2025
was issued without script, except for the Sukuk
Mudharabah Jumbo Certificate which was issued
to be registered in the name of KSEI as proof of
ownership for the benefit of the sukuk mudharabah
holders. The Continuous Sustainability Sukuk
Mudharabah I Bank BSI Phase II Year 2025 was
issued with a rating of idAAA(sy) (Triple A Sharia).
LEADING THE NEW ERA OF BULLION BANK
24 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 27
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
TEMPORARY TRADING SUSPENSION
AND/OR DELISTING
As of December 31, 2025, BSI has never been subject to any trading suspension or delisting sanctions from
the stock exchange.
INFORMATION ON BONDS, SUKUK,
AND/OR CONVERTIBLE BONDS
Sukuk Information
In 2025, PT Bank Syariah Indonesia (Persero), Tbk (BSI) issued Bank BSI Sustainability-Based Mudharabah
Sukuk I Phase II Year 2025 series A, B, and C with a total value of Rp 5 trillion.
Syariah Mudharabah Convertible Bonds Information
Up to the end of 2025, BSI has not issued any syariah mudharabah convertible bonds.
Further explanation regarding the summary of sukuk infromation issued by BSI up to the end of 2025
includes the type, tenor, value, and issuance status:
BSI SUKUK
Amount Ranking
Issue Profit Payment
Description Tenor Currency of Due Date
Date Sharing Status 2023 2024 2025
Sukuk
Long-term Sukuk
Mudharabah Muqayadah
December 150 December Not Paid
Conducted Without Rp 3.7 Billion 0.55% - - -
26, 2023 Months 26, 2035 Yet
Public Offering I PT Bank
BSI tbk Year 2023 Phase I
Medium-term
Subordinated Mudaraba
December December Not Paid idAA (sy) idAA (sy) idAA (sy)
Sukuk of PT Bank 5 Years Rp 200 Billion 7.90%
15, 2023 15, 2028 Yet (PEFINDO) (PEFINDO) (PEFINDO)
Syariah Indonesia, Tbk
Year 2023
Long-term Sukuk
Mudharabah Muqayadah
Conducted Without March 26, 147 June 26, Not Paid
Rp 7.76 Billion 0.55% - - -
Public Offering I PT 2024 Months 2036 Yet
Bank BSI tbk Year 2023
Phase II
370 June 24,
1.7 Trillion 6.65% Paid
days 2025
Bank BSI Sustainability-
June 14, June 14, idAA (sy) idAA (sy)
Based Mudharabah 2 years Rp 220 Billion 6.70% -
2024 2026 Not Paid (PEFINDO) (PEFINDO)
Sukuk I Phase I Year 2024
June 14, Yet
3 years 1.08 Billion 6.80%
2027
Phase III Without Public
Offering I PT Bank BSI
December 144 December Not Paid
tbk Year 2024 Long-term Rp 3.97 Billion 0.55% - - -
20, 2024 Months 26, 2036 Yet
Sukuk Mudharabah
Muqayadah Conducted
Phase IV Without Public
Offering I PT Bank BSI
June 20, 153 March 20, Not Paid
tbk Year 2024 Long-term Rp 8.26 Billion 0.55% - - -
2025 Months 2038 Yet
Sukuk Mudharabah
Muqayadah Conducted
370 July 6,
2.45 Trillion 6,45%
days 2026
Bank BSI Sustainability-
Based Mudharabah June 30, June 26, Not Yet idAAA idAAA
2 years Rp 175 Billion 6,55% -
Sukuk I Phase II Year 2025 2027 Paid (PEFINDO) (PEFINDO)
2025
June 26,
3 years 2.38 Billion 6,65%
2028
ANNUAL REPORT 2025
25
Page 28
01 HIGHLIGHTS
MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
INFORMATION ON OTHER FUNDING
SOURCES
As of December 31, 2025, PT Bank Syariah Indonesia (Persero) Tbk (BSI) had no other sources of funding
beyond those previously disclosed.
EVENT HIGHLIGHTS
16 January 2025 26 February 2025
Officially inaugurated directly by President of
Pencapaian Pengguna SuperApp BYOND.
the Republic of Indonesia Prabowo Subianto,
Platform digital terbaru BSI, BYOND by BSI,
the Bullion Bank service of PT Bank Syariah
yang diluncurkan pada akhir 2024, mencatat
Indonesia Tbk (BSI) is now officially present
tonggak sejarah dengan mencapai 3 juta
in Indonesia. This makes BSI the first Islamic
pengguna aktif hanya dalam dua bulan pasca
bank to pioneer bullion bank services in the
peluncuran, mencerminkan tingkat adopsi
country, while also becoming part of the
digital yang sangat kuat.
Company’s major transformation.
14 March 2025 26 March 2025
Employee Daycare Facility. The inauguration
PT Bank Syariah Indonesia Tbk (BSI) provided
of an on-site daycare facility as part of BSI’s
assistance to 4,444 orphans as a form of
commitment to supporting female employees
the Company’s gratitude for last year’s solid
and enhancing family welfare.
performance and growth above the industry
average.
LEADING THE NEW ERA OF BULLION BANK
26 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 29
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
EVENT HIGHLIGHTS
29 April 2025 29 April 2025
PT Bank Syariah Indonesia Tbk. (BSI) officially PT Bank Syariah Indonesia Tbk. (BSI)
launched the integrated digital platform reaffirmed the relevance of the role of the
BEWIZE by BSI to strengthen services for Islamic economy to national economic
Corporate and Institutional customers in order development with global standards through
to drive financial inclusion in Indonesia. the BSI Global Islamic Finance Summit
(GIFS) 2025, carrying the main theme
“Transformative Islamic Finance as Catalyst for
Growth”.
10 May 2025 16 May 2025
PT Bank Syariah Indonesia Tbk (BSI) Annual General Meeting of Shareholders
strengthened the Company’s readiness to (AGMS). A key corporate agenda to report
become an international-standard bank. the Bank’s 2024 performance and approve
This is reflected in its efforts to meet global the appropriation of net profit, including the
banking operational standards. One of them is declaration of cash dividends.
through obtaining the international standard
ISO 22301:2019 issued by the international
certification body British Standard Institution
(BSI) for the Business Continuity Management
System (BCMS).
ANNUAL REPORT 2025
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01 HIGHLIGHTS
MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
EVENT HIGHLIGHTS
19 June 2025 26 June 2025
Cash Dividend Distribution. BSI distributed PT Bank Syariah Indonesia Tbk (BSI) held its
annual signature event, BSI International Expo
cash dividends totaling Rp1.05 trillion
2025, carrying the theme “Engaging Indonesia
(equivalent to Rp22.78 per share) following the
in the Global Halal Industry”. This event
AGMS resolution in May 2025, contributing to successfully attracted more than 60,191 visitors
positive market sentiment. and generated transactions amounting to
Rp2.66 trillion, exceeding the achievement of a
similar event last year.
1 July 2025 23 September 2025
PT Bank Syariah Indonesia Tbk (BSI) once Financial Performance Report for the First
again issued Sustainable Sustainability-Based Half of 2025. BSI reported strong performance
Mudharabah Sukuk I Bank BSI Phase II Year with net profit of Rp3.74 trillion in the first half
2025 (Sustainability Sukuk) worth Rp5 trillion, of 2025, growing 10.21% year-on-year (double-
which is a continuation of the offering of digit growth).
Sustainable Sukuk I Phase I in 2024 worth
Rp3 trillion. The Phase II sukuk offering was
conducted on June 19–23, 2025.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
EVENT HIGHLIGHTS
29 September 2025 29 October 2025
Mass Mortgage Contract Signing under FLPP Third Quarter 2025 Financial Performance
Program with the President. BSI participated Report. BSI reported solid growth with net
in the mass signing of subsidized mortgages profit reaching Rp5.57 trillion as of the end
(KPR Sejahtera FLPP) attended by President of Q3 2025, representing 9.04% year-on-year
Prabowo Subianto, supporting the national “3 growth.
Million Houses” program.
22 December 2025
Extraordinary General Meeting of
Shareholders (EGMS). A key year-end
corporate meeting addressing changes
in management composition and other
strategic corporate actions.
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MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
MANAGEMENT
REPORTS
With clear vision
and strong
leadership, BSI
moved through
every dynamic
with optimism
and prudence.
Management’s
commitment
remained the
main force in
sustaining growth
that is sound,
sustainable, and
meaningful.
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BOARD OF COMMISSIONERS REPORT
Throughout 2025, the Board of Commissioners
exercised active oversight from strategy
formulation to execution, ensuring that
BSI’s grand strategy and key initiatives were
implemented in alignment with regulations,
sound risk management, sharia principles,
and ESG commitments. Through structured
engagements with the Board of Directors
and the supporting Committees, the Board of
Commissioners provided timely guidance and
constructive oversight to safeguard sustainable
value creation. We commend the Board of
Directors for disciplined strategy execution and
solid performance delivery, while encouraging
continued prudence and execution excellence
in navigating the evolving landscape.
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07 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF COMMISSIONERS REPORT
DISTINGUISHED SHAREHOLDERS AND
STAKEHOLDERS,
Assalamu’alaikum Warahmatullahi BOARD OF DIRECTORS’ PERFORMANCE
Wabarakatuh ASSESSMENT
We express our gratitude to Allah SWT for His In assessing the performance of the Board
grace and blessings, through which the Company of Directors throughout 2025, the Board of
successfully navigated 2025 with increasingly Commissioners applied objective and measurable
solid performance and sustained business parameters, including the implementation of
growth. During the reporting period, the Board resolutions of the General Meeting of Shareholders
of Commissioners continued to strengthen its (GMS), execution of the Company’s grand strategy
synergy with the Board of Directors in enhancing and key strategic initiatives, achievement of
BSI’s capacity and capabilities as the largest Key Performance Indicator (KPI) targets, and
Islamic bank in Indonesia. implementation of sustainability aspects covering
environmental, social, and governance dimensions.
The Board of Commissioners fully supported The assessment also considered developments in
the Board of Directors’ strategic initiatives to the global and domestic landscape, competition
strengthen the halal economic and financial within the national Islamic banking industry, and
ecosystem, which contributes to national economic the impact of monetary and fiscal policies on
growth. These efforts were accompanied by the management decisions and the Company’s overall
implementation of sustainability aspects through performance.
social and environmental responsibility programs
and the enhancement of corporate governance In the context of business management, the
practices in line with environmental, social, and Board of Commissioners considers that the
governance (ESG) principles. Board of Directors has effectively consolidated
the management of the Company’s five business
In carrying out its governance responsibilities, the segments, namely Corporate Banking, Commercial
Board of Commissioners consistently performed Banking, Institutional Relations, Retail, as well as
its oversight function over the management of Treasury and Head Office, enabling each segment
the Company by the Board of Directors. The Board to function as a measurable and accountable
also provided direction and advice to ensure that growth engine. This business management
the execution of strategic initiatives remained practice is supported by the recording of business
aligned with prevailing regulations and upheld acquisition based on segment-specific business
high standards of business ethics. codes, as well as inter-segment collaboration
through wholesale-retail and retail-retail strategies
This report of the Board of Commissioners that are monitored and reported regularly in
presents its views on the performance of the monthly performance achievement meetings.
Board of Directors, the effectiveness of governance
implementation throughout the reporting year, During 2025, the global economy faced
and the assessment of the Company’s business heightened uncertainty, including the impact
prospects. The preparation of this report reflects of reciprocal tariff policies implemented by
the Board of Commissioners’ commitment to the United States government toward several
transparency and accountability in fulfilling the trading partners, which exerted pressure on
mandate entrusted by the shareholders. global supply chains. The International Monetary
Fund (IMF), in its latest World Economic Outlook,
projected global economic growth of 3.3%,
relatively unchanged from the previous year,
accompanied by moderate inflation and declining
prices of crude oil and mining commodities.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY FINANCIALSTATEMENT
2025 FINANCIAL STATEMENT
MUHADJIR
EFFENDY
Komisaris Utama
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07 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF COMMISSIONERS REPORT
In global financial markets, the Fed Funds Rate Within this dynamic external environment, the
showed a downward trend, reaching 3.50%–3.75% Board of Commissioners considers that the
by year-end, signaling the end of the monetary Board of Directors successfully implemented the
tightening phase and the beginning of global Company’s grand strategy by optimizing its dual
liquidity easing. license as both an Islamic Bank and a Gold Bank,
thereby strengthening the Company’s capacity
Amid these global conditions, Indonesia’s economy and capabilities within the national banking
demonstrated strong resilience. Based on data industry. The implementation of key strategies
from Statistics Indonesia (Badan Pusat Statistik), focused on low-cost fund acquisition, asset quality
the national economy grew by 5.11%, supported maintenance, and productivity improvement was
by increased domestic demand, investment, carried out in a disciplined manner, supported by
government spending, as well as export service innovation, professional human resources,
performance. From the expenditure side, growth and ongoing digital transformation.
was mainly supported by household consumption
and Gross Fixed Capital Formation (GFCF), which In line with the Company’s new role as a Bullion
cumulatively contributed 1.58% to economic Bank, the Board of Commissioners also exercised
growth, with household consumption growing by intensive oversight over the development
5.11% in line with maintained purchasing power of the gold business, both through monthly
and controlled inflation at 2.92%. Investment performance evaluation meetings with the
also recorded year-on-year growth of 12.7% with Board of Directors and through quarterly joint
realization reaching Rp1,931.2 trillion, driven by meetings with the Board of Directors and the
the downstreaming program, which contributed Sharia Supervisory Board. In addition, the Board of
significantly to total investment. Commissioners held dedicated discussions with
the director overseeing the gold business and the
Real exports of goods and services increased by director overseeing risk management to ensure
3.25% year-on-year, contributing to a trade surplus that all risks arising from the implementation of
and strengthening foreign exchange reserves to the gold business had been properly identified
US$156.5 billion at year-end. From the production and mitigated comprehensively and in line with
perspective, the other service and corporate service prudential principles. The Board of Commissioners
sectors, as the largest contributors to the national is of the view that the success of the gold business
economy, grew by 9.93% and 9.10%, respectively. must also be supported by competent human
Meanwhile, to maintain exchange rate stability capital, reliable IT systems, and resilient business
amid external pressures, Bank Indonesia reduced processes so that services can be delivered quickly,
the benchmark interest rate to 4.75%, supporting conveniently, safely, and securely to customers.
the Rupiah’s stability, which depreciated by 3.48%
against the US dollar during the year. Operationally, the Board of Commissioners
observed increasing public trust in the Company,
In line with stable domestic economic conditions, as reflected in the growth of its customer base,
the national Islamic banking industry recorded including expansion within the gold ecosystem
positive growth, with total assets reaching following government support through the
Rp1,067 trillion, increasing by 8.92% year-on- issuance of the Gold Bank license. The Company
year. Intermediation functions also improved, as also supported government programs by
reflected in financing growth of 9.58% to Rp705.2 distributing Rp10 trillion in Excess Budget Balance
trillion and third-party funds increasing by 10.14% (SAL) funds to strengthen financing in productive
to Rp830 trillion. Industry resilience was supported sectors and by enhancing the hajj and umrah
by adaptability to market needs through digital ecosystem through extensive promotion of Hajj
service innovation, improved efficiency in industry savings programs.
structure, and the development of Islamic
investment instruments such as the Sharia The implementation of the grand strategy and
Restricted Investment Account (SRIA). key initiatives contributed to strengthened
intermediation performance, with financing
reaching Rp318.84 trillion, representing a 14.49%
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2025 FINANCIAL STATEMENT
BOARD OF COMMISSIONERS REPORT
year-on-year increase, primarily distributed to In addition to financial performance, the Board
community-oriented segments. Financing growth of Commissioners acknowledges the Board of
was accompanied by maintained asset quality, Directors’ commitment to implementing strategic
as reflected in gross Non-Performing Financing ESG initiatives. From an environmental perspective,
(NPF) of 1.81% and net NPF of 0.47%. the Company disbursed sustainable financing of
Rp73.92 trillion, primarily allocated to empowering
On the funding side, third-party funds grew by and enhancing the capacity of micro, small,
16.20% to Rp380 trillion, with a funding structure and medium enterprises and green financing
dominated by low-cost funds (CASA) at 61.62%. initiatives. The Company also implemented
Financing and funding growth supported total various environmentally responsible operational
asset expansion to Rp456 trillion, representing initiatives, including green building development,
an increase of 11.64% year-on-year. Financing renewable energy utilization, electric vehicle
growth and digital service innovation, including infrastructure, waste management programs, and
the BYOND by BSI mobile banking platform, digital carbon tracking systems.
supported profitability, with income as mudharib
increasing to Rp28.26 trillion and other operating From a social perspective, the Board of Directors
income reaching Rp6.94 trillion. Operating profit consistently implemented the Principles for
and net profit increased to Rp10.01 trillion and Responsible Banking through various initiatives,
Rp7.57 trillion, respectively. including zakat distribution, educational
scholarship programs, humanitarian assistance,
In the view of the Board of Commissioners, these community empowerment initiatives, healthcare
achievements reflect the Board of Directors’ support, and disaster relief programs. These
ability to execute the Bank’s strategic focus social responsibility programs not only fulfilled
consistently through monthly monitoring of regulatory requirements but also strengthened
strategy effectiveness and discussions to address social cohesion and the Company’s contribution
implementation constraints as they arise. In its to society.
execution, this direction was further reinforced
through the 3-on-3 approach focusing on winning Based on performance achievements, strategic
low cost fund, maintaining asset quality, and implementation, and commitment to sustainability
productivity enhancement in order to sustain principles, the Board of Commissioners concludes
healthy and sustainable performance, including that the Board of Directors carried out its duties
strengthening the positioning of the Company’s and responsibilities very effectively throughout
gold business. The Board of Commissioners also 2025.
noted that the Company faced challenges in
maintaining operational efficiency and cash flow In performing its supervisory function, the
stability, particularly in relation to the investment Board of Commissioners exercised oversight
required to enhance the reliability of IT systems from the strategy formulation stage through
and supporting infrastructure, which resulted implementation through a structured coordination
in higher depreciation expenses, as well as the mechanism. At the planning stage, the Board
need for more aggressive promotion amid intense of Commissioners conducted a comprehensive
competition and tight liquidity. Nevertheless, review of the business plan proposed by the Board
through disciplined control and periodic of Directors by considering its alignment with the
evaluation, the Board of Directors was considered Company’s vision, mission, long-term objectives,
able to maintain the cost efficiency ratio and risk profile, and sustainability agenda.
preserve net profit achievement in line with,
and even exceeding, the target. This assessment During the implementation stage, progress in
was also reinforced by reviews of the Bank’s performance was reviewed monthly through the
bankwide performance by business segment and Performance Evaluation Meeting Forum involving
benchmarking against leading banks in Indonesia the Board of Commissioners and the Board of
and global Islamic banks. Directors, and quarterly through Joint Meetings
among the Board of Commissioners, the Board of
Directors, and the Sharia Supervisory Board for the
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07 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF COMMISSIONERS REPORT
March, June, September, and December reporting initiatives in large-scale strategic projects across
periods. In addition, the Board of Commissioners manufacturing, energy, and agriculture. This
also held follow-up discussions with the relevant outlook is accompanied by an inflation target of
directors and special meetings to discuss the 2.5%±1% and a stable Rupiah exchange rate in the
Sustainable Finance Action Plan in order to ensure range of Rp16,500 per US dollar.
that sustainability initiatives were implemented
effectively and supported the execution of the Consistent with these projections, Bank Indonesia
Bank’s Business Plan. All such discussions were expects banking financing to grow within the
documented and followed up as part of the range of 8%–12% in 2026, while maintaining sound
implementation of good corporate governance. financing quality. Within the same context, BSI
projects total Islamic banking assets to reach
Rp1,205 trillion, with financing of approximately
VIEWS ON THE BUSINESS OUTLOOK Rp794 trillion, growing by nearly 11.9%, and third-
PREPARED BY THE BOARD OF party funds (TPF) reaching Rp952.9 trillion, growing
DIRECTORS by 12.55%.
The Board of Commissioners views BSI’s business The halal ecosystem is also expected to sustain
outlook for 2026 as being shaped by several its growth trajectory. Domestic halal product
interrelated factors, including global and domestic consumption is projected to reach US$259.8 billion
economic conditions, developments in the in 2026, growing by approximately 5.88% and
banking industry, regulatory changes, and the contributing more than 30% of national household
pace of digital technology adoption. consumption. On the export side, halal products
are estimated to account for around 20% of
From the global perspective, economic conditions Indonesia’s total non-oil-and-gas exports and are
are expected to remain subject to elevated projected to increase to US$73.9 billion, growing
uncertainty, driven primarily by strengthening by approximately 8.73%, including contributions
trade protectionism and ongoing geopolitical from non-palm-oil exports.
tensions. US import tariff policies may shift at any
time and could disrupt global supply chains and To optimize these growth opportunities, the Board
international trade flows. Geopolitical risks also of Directors has maintained BSI’s focus as a provider
persist in several regions, including the Russia– of financial, social, and spiritual solutions through
Ukraine conflict and the Middle East. In addition, the development of an Islamic ecosystem tailored
fiscal pressures in a number of countries may to targeted segments. In its implementation,
constrain the pace of global recovery. In line the Board of Directors has consolidated the
with these conditions, the IMF, in its latest World management of all of the Company’s key business
Economic Outlook, projects global economic segments in an integrated manner, enabling
growth of 3.1% in 2026, lower than the prior year’s business growth, service enhancement, and
realized growth. profitability improvement to progress in line with
customer needs and the Company’s business
Against this backdrop, gold is expected to remain development direction.
a relevant hedge asset amid global uncertainty.
While price increases are projected to be more The performance of these core segments is
moderate than in the previous year, central banks expected to be supported by enhanced service
worldwide are expected to continue expanding infrastructure, including the development of
gold reserves as part of strengthening monetary physical platforms such as branches and BSI
resilience. Agents, as well as electronic channels such as
BYOND by BSI, BEWIZE, ATM, EDC, and QRIS,
Domestically, several multilateral institutions, complemented by inorganic platforms and
including the IMF and the World Bank, expect subsidiaries. Internally, continued efforts to
Indonesia’s economy to grow at a stable pace improve workforce productivity and competencies
in 2026. The Government targets economic are also positioned to support the achievement of
growth of 5.4%, supported by downstreaming business targets.
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BOARD OF COMMISSIONERS REPORT
Based on these considerations, the Board of complies with internal policies, prevailing laws and
Commissioners expresses full support for BSI’s regulations, and established business ethics. The
2026 business outlook as prepared by the Board of implementation of GCG at BSI is reflected in the
Directors. The Board of Commissioners considers following governance components.
that the outlook reflects the Company’s efforts
to optimize its comparative and competitive Effectiveness of Sharia Principles
advantages and remains aligned with the Implementation
Government’s Asta Cita priority agenda. At the BSI continues to enhance the effectiveness of Sharia
same time, the Board of Commissioners advises governance through the implementation of the
that this optimism be accompanied by prudence, roles and responsibilities of the Sharia Supervisory
with due attention to potential risks that may Board, strengthening Sharia compliance functions,
affect performance realization. applying Sharia risk management, conducting
Sharia internal audits, and performing external
In addition, the Board of Commissioners considers reviews of Sharia governance practices. In this
that the Company’s readiness to capture future regard, the Board of Commissioners maintains
opportunities in the sustainability sector remains close coordination with the Board of Directors and
well maintained through its 2026–2030 medium- the Sharia Supervisory Board to ensure effective
term strategic direction, namely to become a Top implementation of Sharia principles in accordance
5 Global Islamic Bank by Market Capitalisation. with applicable requirements. The strengthening
This direction is supported by four strategic pillars, of sharia governance was also directed to remain
namely Unique Syariah Business, Wholesale- aligned with the implementation of POJK No. 2 of
Retail-Consumer & Transactional Business, 2024 and SEOJK No. 15/SEOJK.03/2024 concerning
Gold Business, and Integrated Islamic Financial the Implementation of Sharia Governance for
Services, with ES-GRC serving as an enabler Islamic Commercial Banks and Sharia Business
to safeguard governance quality, profitability, Units, including through the strengthening of
and the sustainability of growth. In developing the Sharia Combine Assurance initiative and the
the gold business, the Board of Commissioners expansion of the Syariah Compliance Dashboard
also considers that the Board of Directors has implementation at the bankwide level.
demonstrated progressive steps through the
strengthening of bullion business licensing, the Risk Management
expansion of supplier cooperation, the provision BSI has implemented an integrated risk
of a gold savings platform on BYOND by BSI, and management framework and conducts periodic
the expansion of customer gold storage capacity. evaluations of its effectiveness. The Bank also
In line with this, the Board of Commissioners promotes risk awareness across all organizational
recommends that the Bank’s strategy remain levels to strengthen its risk culture. Based on
adaptive to global dynamics, macroeconomic and reviews and discussions with Management, the
geopolitical risks, and decarbonization trends, Risk Monitoring Committee, the Audit Committee,
while continuing to strengthen the Islamic Internal Audit, External Auditors, and related
ecosystem and sustainable financing in line with units, the Board of Directors and the Board of
sharia principles and ESG. Commissioners concluded that risk management
implementation in 2025 was effective.
VIEWS ON THE BANK GOVERNANCE In risk management, the Board of Commissioners
IMPLEMENTATION considers that the effectiveness of the Company’s
risk management framework is also supported
The Board of Commissioners considers that BSI has by the role of the Risk Management Committee
consistently implemented the principles of Good as a strategic oversight forum and the Risk
Corporate Governance (GCG) across all operational Management Work Unit as the executor of policy
activities as a foundation for sustainable business in day-to-day operations. In line with the obligation
growth. In performing its supervisory role, to implement the Sustainable Finance Action
the Board of Commissioners ensures that the Plan and strengthen sustainability objectives, the
management of the Bank by the Board of Directors Company has begun integrating sustainability
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07 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF COMMISSIONERS REPORT
risk into its Enterprise Risk Management The Company also continuously conducted
framework, adjusting risk limits in relevant sectors, dissemination regarding WBS reporting
strengthening financing due diligence, and channels and the anti-gratuity policy to all
encouraging the development of products and employees, customers, business partners, and
financing that support a sustainable transition. the public through various communication
The Board of Commissioners also encourages channels. Throughout 2025, the WBS recorded
periodic policy updates, the conduct of stress tests 118 complaints, of which 11 complaints had been
on key risks, and the strengthening of human followed up, 3 were still in process, 8 had not
capital competence and IT support in order to yet been followed up, and 96 were declared not
maintain the effectiveness of risk management feasible to be followed up. Of the reports that were
implementation. followed up, 11 reports were proven and sanctions
had been imposed in accordance with the
Internal Control System applicable provisions. Based on this, the Board of
The implementation of BSI’s Internal Control Commissioners assessed that the implementation
System is aligned with POJK No. 35/SEOJK.03/2017 of the WBS throughout 2025 operated optimally
concerning Standard Guidelines for Internal in supporting the prevention and mitigation of
Control Systems for Commercial Banks. The system violation risks.
is reflected in internal control policies based on the
COSO model, covering the control environment, Sustainability Governance
objective setting, event identification, risk BSI demonstrates a strong commitment to
assessment, risk response, control activities, implementing the objectives of Maqashid Sharia,
information and communication, and monitoring. which include the protection of religion, life,
intellect, wealth, lineage, and the environment.
The Board of Directors is responsible for ensuring Substantively, these principles are aligned with
the implementation of a reliable and effective the Sustainable Development Goals (SDGs) and
internal control system, including strengthening are integrated into environmental, social, and
risk awareness throughout the organization. governance (ESG)-based sustainability practices.
Internal Audit is responsible for evaluating and
continuously improving the effectiveness of the To enhance the effectiveness of ESG
internal control system through periodic and implementation, BSI has established a
incidental audits of all operational activities. sustainability governance structure in
Evaluation results are reported to the Board accordance with its ESG Guiding Principle. In its
of Directors and the Board of Commissioners implementation, the Board of Commissioners,
for follow-up and oversight. Based on the 2025 the Board of Directors, and the Sharia Supervisory
evaluation, both Boards concluded that BSI’s Board provide active oversight of sustainable
internal control system operated effectively. finance initiatives, including the preparation of the
Sustainable Finance Action Plan, Sustainability
Whistleblowing System Report, and sustainability strategy.
BSI has implemented a Whistleblowing System
(WBS) as a mechanism for preventing and BSI has also strengthened its sustainability
detecting early any actions by management or governance structure through the establishment
employees that may adversely affect the Bank. The of an ESG Working Group under the supervision of
system regulates reporting procedures, reporting Vice President Director, appointment of a Personal
channels, verification processes, and protection Data Protection Officer under the supervision of
for whistleblowers and relevant parties. Director of Compliance and Human Capital, and
the formation of an ESG Sub-Committee under
The function responsible for managing the WBS the Risk Management Committee. The Company
reports to the President Director or a designated also has developed and issued sustainable
Director and maintains direct communication and finance standard operating procedures and ESG
reporting lines to the Board of Commissioners. In Guiding Principles and established a sustainable
its oversight capacity, the Board of Commissioners finance framework aligned with the Company’s
reviews the results of special audits arising from sustainability vision.
WBS reports.
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This framework comprises three strategic pillars: more active communication with Management
Sustainable Banking, Sustainable Operation, in supporting accountability and the oversight of
and Sustainable Beyond Banking. The Board of sustainability risks.
Commissioners considers that BSI continued to
enhance the effectiveness of the implementation The Nomination and Remuneration Committee
of these three pillars throughout 2025 in order to supports the Board of Commissioners in matters
generate long-term value for shareholders and related to nomination and remuneration policies
deliver benefits to all stakeholders. for members of the Board of Directors and the
The Company has also prepared for and begun Board of Commissioners, ensuring the application
implementing climate risk management in of sound governance principles in strategic
alignment with the principles of IFRS S1 (PSPK 1) human capital management. In 2025, the
and IFRS S2 (PSPK 2). These efforts are supported Remuneration and Nomination Committee held 4
by the establishment of policy instruments and meetings and provided recommendations to the
procedures, including the Sustainable Finance Board of Commissioners regarding candidates
Standard Operating Procedure, the ESG Guiding for the Board of Commissioners and the Board
Principle, and the Industry Acceptance Criteria of Directors, including support in analysing
Guideline, as well as the identification and candidates from the senior executive level as well
mapping of climate-change impact transmission as updating the Company’s Human Capital policy.
to credit, market, operational, and liquidity risks. In The Board of Commissioners considers that this
addition, the Company has carried out the Climate contribution supported leadership continuity,
Risk Scenario Analysis initiated by OJK as part of organizational alignment, and the development
strengthening its climate-risk measurement and of a remuneration system that is aligned with the
management capacity. Bank’s business transformation needs.
Meanwhile, the Risk Monitoring Committee
PERFORMANCE ASSESSMENT OF assists the Board of Commissioners in overseeing
COMMITTEES UNDER THE BOARD OF and providing recommendations to the Board of
COMMISSIONERS Directors regarding the implementation of the
Bank’s risk management practices, including
In carrying out its supervisory function, the monitoring the effectiveness of risk management
Board of Commissioners is supported by its policies and processes. In 2025, the Remuneration
committees, the Audit Committee, the Risk and Nomination Committee held 4 meetings
Monitoring Committee, and the Remuneration and provided recommendations to the Board
and Nomination Committee. The Board conducts of Commissioners regarding candidates for
annual performance assessments of these the Board of Commissioners and the Board
committees based on established procedures and of Directors, including support in analysing
objective evaluation criteria. candidates from the senior executive level as well
as updating the Company’s Human Capital policy.
The Audit Committee assists the Board of The Board of Commissioners considers that this
Commissioners in overseeing the management of contribution supported leadership continuity,
the Bank, particularly with respect to the reliability organizational alignment, and the development
of financial information, the effectiveness of the of a remuneration system that is aligned with the
internal control system, and the implementation Bank’s business transformation needs.
and effectiveness of examinations conducted by
internal and external auditors. Throughout 2025, Based on objective procedures and evaluation
the scope of the Audit Committee’s attention also criteria, the Board of Commissioners concluded
included the evaluation of IT development, the that the Audit Committee, the Remuneration
implementation of Internal Control over Financial and Nomination Committee, and the Risk
Reporting (ICOFR), and anti-fraud strategy. The Monitoring Committee performed their duties
Board of Commissioners considers that the role and responsibilities effectively throughout 2025
of the Audit Committee should continue to be in supporting the Board of Commissioners’
strengthened through competency enhancement, supervisory function.
including training and certification, as well as
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07 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
2. Appoint Muhadjir Effendy as President
CHANGES IN THE COMPOSITION OF
Commissioner; Nizar Ahmad Saputra,
THE BOARD OF COMMISSIONERS
Muhammad Syafii Antonio, and Addin
Jauharudin as Independent Commissioners;
In 2025, the Company implemented changes to the
and Meidy Ferdiansyah, Kamaruddin Amin, and
composition of the Board of Commissioners based
Mochamad Agus Rofiudin as Commissioners.
on the resolution of the Annual General Meeting
of Shareholders (AGMS) for the 2024 financial
Following the implementation of the Annual GMS
year, held on May 16, 2025. The changes were
for the 2024 Financial Year, the total number of
made based on the resolution of the GMS as part
members of the Board of Commissioners of BSI
of adjustments to the governance structure and
became 8 (eight) persons, consisting of 1 (one)
the strengthening of the Company’s supervisory
President Commissioner, 3 (three) Commissioners,
function.
and 4 (four) Independent Commissioners. The
composition of the Board of Commissioners of BSI
Composition of the Board of Commissioners of
after the Annual GMS on May 16, 2025, is as follows:
BSI Before the 2024 Financial Year Annual GMS
•• Muhadjir Effendy, President Commissioner
Prior to the implementation of the Annual General
•• Felicitas Tallulembang, Independent
Meeting of Shareholders (AGMS) for the 2024
Commissioner
Financial Year, the composition of the Board of
•• Kamaruddin Amin, Commissioner
Commissioners of BSI was as follows:
•• Mochamad Agus Rofiudin, Commissioner
•• Muliaman Dharmansyah Hadad, President
•• Nizar Ahmad Saputra, Independent
Commissioner concurrently Independent
Commissioner
Commissioner
•• Addin Jauharudin, Independent
•• Adiwarman Azwar Karim, Vice President
Commissioner
Commissioner concurrently Independent
•• Muhammad Syafii Antonio*, Independent
Commissioner
Commissioner
•• Masduki Baidlowi, Commissioner
•• Meidy Ferdiansyah*, Commissioner
•• Suyanto, Commissioner
•• Abu Rokhmad, Commissioner
*Effective after obtaining OJK approval for the fit and proper test.
•• Fauzi, Commissioner
•• Nazaruddin, Commissioner
With this composition, the Board of Commissioners
•• Komaruddin Hidayat, Independent
considers that the changes in membership during
Commissioner
2025 have further strengthened the Company’s
•• Mohamad Nasir, Independent Commissioner
supervisory and governance functions through
•• Felicitas Tallulembang, Independent
a complementary combination of backgrounds
Commissioner
and experience. Going forward, the Board of
Commissioners will also continue to strengthen its
Composition of the Board of Commissioners
strategic oversight capacity, including enhancing
After the 2024 Financial Year Annual GMS
its understanding in the areas of sustainable
Through the Annual GMS held on May 16, 2025, the
finance, green taxonomy, and the implementation
shareholders resolved to:
of Sustainability Disclosure Standards that will
take effect in January 2027, so that the Company
1. Honorably dismiss Muliaman D. Hadad
is better prepared to respond to regulatory
as President Commissioner concurrently
developments and business needs.
Independent Commissioner; Adiwarman
Azwar Karim as Vice President Commissioner
concurrently Independent Commissioner;
Mohamad Nasir and Komaruddin Hidayat as
Independent Commissioners; and Suyanto,
Masduki Baidlowi, Fauzi, Abu Rokhmad, and
Nazaruddin, respectively, as Commissioners.
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2025 FINANCIAL STATEMENT
CLOSING The Board of Commissioners also expresses its
appreciation for the contribution of all employees
On behalf of the Board of Commissioners, we and strategic partners in supporting the
extend our appreciation to the Board of Directors success of the Company’s sustainability journey.
for the effective management of the Company Strengthening performance, supported by
throughout 2025. We also express our gratitude to human capital competence, stronger IT systems,
the management team and all employees for their and robust risk management, constitutes an
dedication and contributions, which supported important foundation for the Company in facing
the Company in achieving solid performance the challenges of 2026 and maintaining healthy,
growth. sustainable business growth while delivering
benefits to all stakeholders.
The Board of Commissioners further conveys
its sincere appreciation to the shareholders Entering 2026, the Company remains committed
for their continued trust and support. We also to its role as a provider of financial, social, and
acknowledge the Government of the Republic of spiritual solutions through the development
Indonesia for its support, including the granting of of the Islamic ecosystem, while supporting the
a dual license to BSI as an Islamic Bank and a Gold Government’s Asta Cita priority programs to
Bank, which has contributed to strengthening the advance national economic growth.
Company’s capacity and business development.
In addition, we extend our gratitude to all strategic May Allah SWT continue to provide guidance and
partners, customers, the community, and other ease in all endeavors undertaken.
stakeholders for their trust and cooperation.
Wassalamualaikum Warahmatullahi Wabarakatuh
Jakarta, March 2026
On Behalf of Board of Commissioners
Muhadjir Effendy
President Commissioner
ANNUAL REPORT 2025
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07 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
3
1 4
2
1. MEIDY FERDIANSYAH 3. MOCHAMAD AGUS ROFIUDIN
Commissioner Commissioner
2. ADDIN JAUHARUDIN 4. FELICITAS TALLULEMBANG
Independent Commissioner Independent Commissioner
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2025 FINANCIAL STATEMENT
6
5
8
7
5. MUHADJIR EFFENDY 7. NIZAR AHMAD SAPUTRA
President Commissioner Independent Commissioner
6 MUHAMMAD SYAFII ANTONIO 8. KAMARUDDIN AMIN
Independent Commissioner Commissioner
ANNUAL REPORT 2025
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07 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
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In 2025, BSI strengthened its grand strategy
by optimising its dual licence as a Sharia Bank
and Bank Emas, reinforcing its leadership in
Islamic finance while expanding value creation
through gold-based solutions. Disciplined
execution across funding, financing, and
digital transformation supported solid
intermediation growth, resilient asset quality,
and sustainable profitability. As Indonesia’s first
Bank Emas, BSI broadened customer access
to gold investment while supporting the halal
ecosystem and national downstream initiatives.
These achievements were firmly anchored
in strong corporate governance, prudent risk
management, and strict adherence to sharia
principles.
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ANGGORO
EKO CAHYO
Direktur Utama
LAPORAN
ANNUALTAHUNAN
REPORT 2025
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07 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS REPORT
DISTINGUISHED SHAREHOLDERS AND
STAKEHOLDERS,
Assalamualaikum Warahmatullahi in preserving asset value while contributing to
Wabarakatuh downstream development initiatives.
We express our gratitude to Allah SWT for His The Board of Directors presents this Report as a
blessings and guidance, which enabled PT form of accountability for the mandate entrusted
Bank Syariah Indonesia Tbk (BSI) to navigate by shareholders and as part of the implementation
the challenges of 2025 while maintaining solid of good corporate governance principles. This
and sustainable performance. Throughout the Report outlines the Company’s performance
reporting year, the Company strengthened achievements, implementation of strategies
its intermediation function and profitability, and key policies, governance practices, and BSI’s
reinforced its capital structure, enhanced business outlook.
customer trust, and continued to implement
sustainability principles through the advancement
of environmental, social, and governance (ESG) BANK PERFORMANCE ANALYSIS
practices.
BSI performance in 2025 was influenced by
In line with its business growth, BSI actively global and domestic business dynamics within
contributed to supporting the priority programs an increasingly interconnected economic
of the Government of the Republic of Indonesia environment. At the global level, heightened
under the Asta Cita agenda. These contributions uncertainty was driven by escalating geopolitical
include providing virtual account services for tensions in several regions, including the Russia–
partners of the National Nutrition Agency in the Ukraine conflict and tensions in the Middle East,
Free Nutritious Meal program, supporting the as well as the implementation of reciprocal import
development of Merah Putih Village/Sub-district tariffs by the United States Government. These
Cooperatives, extending financing under the developments increased global risks and affected
People’s Business Credit (Kredit Usaha Rakyat) overall economic stability.
program, and facilitating Housing Financing
Liquidity Facilities to support the development of The International Monetary Fund (IMF), in its
three million subsidized homes. January 2026 World Economic Outlook, projected
global economic growth of 3.2% in 2025, relatively
To further strengthen its position and unchanged from the previous year. This condition
competitiveness in the national banking industry, reflects continued global stagnation, accompanied
the Company optimized its dual licensing as by increasing economic fragmentation among
both an Islamic Bank and a Bullion Bank. As the countries and rising fiscal risks in several
largest Islamic bank in Indonesia, BSI continues economies related to debt repayment capacity.
to support the development of the halal economy
and Islamic finance ecosystem, including the Hajj The United States economy experienced a
and Umrah ecosystem, which has contributed to slowdown, with annual gross domestic product
the expansion of its customer base and growth growth of 1.4% in the fourth quarter of 2025, lower
in low-cost funds (CASA). In addition, through its than initial estimates and the previous quarter’s
role as a Bullion Bank, the Company offers various growth. The slowdown was influenced by the
gold-based products that support customers impact of the government shutdown, weakening
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consumer spending, and limited recovery in the stability and supporting growth in the
labor market amid increased adoption of artificial national banking industry. Banking sector
intelligence for operational efficiency. credit disbursement reached Rp8,585 trillion,
representing annual growth of 9.6%, with most
In contrast, the Eurozone demonstrated resilience, financing directed toward productive sectors,
recording growth of 1.5% in 2025, supported including the green economy. The increase
by stronger household consumption and in credit disbursement was accompanied by
investment, declining policy interest rates, and maintained asset quality, as reflected in a gross
controlled inflation. Economic improvements Non-Performing Loan (NPL) ratio of 2.05%, net
in major countries, including Germany, the NPL of 0.79%, and a relatively stable Loan at Risk
Netherlands, Italy, and Spain, contributed to (LaR) ratio of 8.77%.
the region’s performance. Meanwhile, China’s
economy grew by 5% in line with government Third-party funds (DPK) grew by 13.83% year-
targets, supported by strong export performance, on-year to Rp10,059 trillion, consisting of current
although challenges persisted in the property accounts, savings, and time deposits, which
sector, weakening domestic demand, and external increased by 19.13%, 8.19%, and 14.28%, respectively.
pressures from increased import tariffs imposed This growth reflects continued public confidence
by the United States. in the national banking system. The banking
sector also maintained strong capitalization, with
Moderate global growth and relatively controlled a Capital Adequacy Ratio (CAR) of 25.87%, and
inflation prompted several central banks to ease adequate liquidity, reflected in a Loan to Deposit
monetary policy. During 2025, the European Ratio (LDR) of 85.35%.
Central Bank reduced its policy rates four times,
closing the year at 2.15% for the refinancing rate The national sharia banking industry also
and 2% for the deposit rate. The United States recorded positive performance. As of December
Federal Reserve adopted a more cautious 2025, total industry assets reached Rp1,067.73
approach, initiating reductions in the Federal trillion, representing annual growth of 8.92%.
Funds Rate in October 2025, bringing the rate to a Financing disbursement increased to Rp705.22
range of 3.50%–3.75% by year-end. trillion, growing 9.58% year-on-year, while third-
party funds reached Rp892.99 trillion, up 10.14%
Amid global challenges, Indonesia’s economy annually. This performance was supported by
remained resilient. Based on data from Statistics the implementation of strategic industry policies
Indonesia (BPS), national economic growth and regulatory initiatives aimed at encouraging
reached 5.39% in 2025, supported by stronger product innovation and strengthening Islamic
domestic demand, increased investment, banking portfolios.
government spending, and stable export
performance. Household consumption and Gross To support the development of the sharia banking
Fixed Capital Formation remained the primary industry, the Financial Services Authority (OJK)
drivers of growth, contributing a combined 83.65%, previously introduced several new product
followed by exports at 22.85% and government guidelines, including Mudharabah Financing
expenditure at 7.53%. Products, the implementation of Sharia Restricted
Investment Accounts (SRIA) under Mudharabah
From a production perspective, the other services Muqayyadah contracts, and the implementation
and corporate services sectors recorded significant of Cash Waqf Linked Deposits (CWLD).
growth of 9.93% and 9.10%, respectively. From a
monetary standpoint, Bank Indonesia reduced its Taking into account external dynamics, market
benchmark interest rate by 100 basis points from conditions, and internal assessments, BSI
5.75% at the beginning of the year to 4.75% as of established financing disbursement targets of
December 31, 2025, to support economic growth RpXXX trillion and third-party fund targets of RpXXX
and maintain Rupiah exchange rate stability amid trillion. Based on these targets, the Company also
strong external pressures. set a target for income from fund management
by the Bank as Mudharib of RpXXX trillion for 2025.
Policy measures implemented by authorities To support the achievement of these targets,
contributed to maintaining financial system the Company determined the applicable return
ANNUAL REPORT 2025
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07 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
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structure for fund collection and financing activities during the reporting year. To achieve this target, BSI
has set the percentage of rewards for collecting and distributing funds in 2025 as follows:
Percentage of BSI Fund Disbursement as of December 31, 2025
Type Tenor Rate
Corporate 1–10 years XXX%
Consumer 1–10 years XXX%
1–10 years XXX%
Linkage
> 10 years XXX%
SME
< 5 years XXX%
Local Champion Value Chain
> 5–10 years XXX%
Micro 1–5 years XXX%
Griya (Home Financing) 1–30 years XXX%
Gold Installment 1–5 years XXX%
Gold Pawn 1 year XXX%
Mitraguna 1–15 years XXX%
Pension 1–15 years XXX%
New Car 1–7 years XXX%
Auto Financing
Used Car & New Motorcycle 1–5 years XXX%
Percentage of BSI Fund Collection as of December 31, 2025
Type Nisbah (%)
Mudharabah Current Account XXX%
Mudharabah Time Deposit
1 Month XXX%
3 Months XXX%
6 Months XXX%
12 Months XXX%
STRATEGIC DIRECTION AND KEY POLICIES FOR 2025
In pursuing its corporate objectives, BSI directed its strategic initiatives and policies in 2025 through
the implementation of a grand strategy focused on optimizing its dual licensing as both an Islamic
Bank and a Bullion Bank. This dual licensing provides the Company with opportunities to expand its
customer segments, strengthen industry penetration, and support the downstream development of
gold commodities in line with government programs.
In optimizing its role as an Islamic bank, the Company facilitated Hajj Savings products as part of its
efforts to strengthen a more competitive funding structure. The Company also continued to develop
product and service innovations supported by the implementation of digital technologies to enhance
the ease, efficiency, and convenience of customer transactions.
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As the first Bullion Bank in Indonesia, the Company accordance with sharia principles and applicable
holds a strategic position in expanding its regulations. In its implementation, the Company
customer base and supporting the development emphasized solution-oriented approaches,
of the Islamic economic and financial ecosystem. including financing restructuring, while
Gold-based products, including Gold Pawn and maintaining customer interests and business
Gold Installment financing, provide customers sustainability.
with alternative solutions to preserve asset value
and optimize investment management amid The Company also continued to adapt to
fluctuations in gold prices. developments in digital systems and services
following system upgrades, including the
The implementation of this grand strategy was utilization of platforms such as BYOND by BSI
carried out through key initiatives focusing on and BSI Net to support seamless transaction
strengthening a competitive funding structure processing and operational activities.
(winning low-cost funds), maintaining asset
quality, and improving productivity. From a productivity perspective, performance
improvements were pursued through the
Efforts to strengthen the funding structure optimization of the Company’s infrastructure and
were undertaken through the enhancement business network. This strategy was implemented
of transaction solutions, optimization of dual through workforce realignment to strengthen
licensing, and expansion of retail funding. The business functions, accompanied by initiatives to
provision of reliable, accessible, and convenient enhance employee skills and competencies. The
banking transaction services was supported Company also continued to develop its digital
by ongoing digital transformation initiatives, technology systems and infrastructure, including
including the development of the BYOND by the enhancement of features within the BYOND
BSI SuperApp, which contributed to the growth by BSI SuperApp to improve the customer
of fee-based income. In addition, the Company experience.
gradually shifted transactions from branch offices
to electronic and digital channels while advancing In addition, productivity improvements were
the digitalization of business processes. supported by communication and promotional
activities related to the Company’s products
The Company also leveraged its competitive and services to enhance public awareness and
advantage as a dual license holder by developing understanding of the Company’s offerings.
innovative gold-based products, including BSI Gold
Installment and BSI Gold Pawn, which support Role of the Board of Directors in Formulating
the growth of low-cost funds. Furthermore, the and Implementing Strategic Policies
Company strengthened its savings portfolio The Board of Directors serves as the governing
through retail funding expansion and explored body responsible for managing and conducting
long-term funding sources, including the issuance the day-to-day operations of PT Bank Syariah
of sustainable sukuk. Indonesia Tbk (BSI) in accordance with the
Company’s vision, mission, and strategic
In parallel with strengthening its funding objectives. In carrying out its role, the Board
structure, the Company maintained asset quality operates under the oversight of the Board of
by prioritizing financing activities that deliver Commissioners and is responsible for formulating
optimal value while adhering to prudent principles. and implementing business strategies, ensuring
Throughout the reporting year, financing was the effectiveness of risk management and internal
primarily directed toward six priority sectors, control systems, and maintaining compliance with
namely consumer or household, education, social applicable laws, regulations, and Sharia principles.
and religious activities, government, healthcare, Through accountable leadership and prudent
and portfolio investment sectors. decision-making, the Board of Directors manages
the Company’s operations while safeguarding
The expansion of financing in productive and stakeholder interests and maintaining operational
consumer sectors was accompanied by the integrity.
management of non-performing financing in
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In performing its strategic function, the Board as part of its efforts to maintain effective strategy
of Directors undertakes all actions related to the execution and sound corporate governance
management of the Company in accordance with practices.
its objectives and business purpose. The Board
establishes policies deemed appropriate for the
management of the Company, including human ACHIEVEMENT OF 2025 PERFORMANCE
capital management, operational policies, and TARGETS
the implementation of business activities, while
adhering to the Company’s Articles of Association, The effective implementation of strategic
resolutions of the General Meeting of Shareholders, initiatives and policies contributed to BSI solid
and prevailing laws and regulations. and sustainable performance growth throughout
2025. These achievements were reflected in the
Furthermore, the Board of Directors is responsible Company’s operational and financial performance,
for preparing the Company’s long-term plans demonstrating strengthened intermediation
and work plans, ensuring that business activities functions, maintained asset quality, and improved
are conducted in line with corporate objectives, profitability in line with the Company’s strategic
and preparing reports as part of its accountability direction.
to shareholders and stakeholders. These
responsibilities are carried out in accordance Operational and Financial Performance
with principles of professionalism, transparency, Amid a favorable macroeconomic environment,
accountability, and prudence in decision-making the Company maintained optimal intermediation
processes. performance, with financing disbursement
reaching Rp318.84 trillion in 2025, representing a
Process of the Board of Directors in Ensuring year-on-year increase of 14.49%. The majority of
Strategy Implementation financing was directed to pro-people segments,
To ensure the effective implementation of the including SME, micro, consumer, commercial
Company’s strategy, the Board of Directors sectors in education and healthcare, civil servants
performs its management function by establishing (ASN), and state-owned enterprises (SOEs), with
governance policies and overseeing the execution total outstanding financing of Rp285.70 trillion,
of business activities in accordance with corporate representing 90% of total financing outstanding.
policies and applicable regulations. The Board In line with financing growth, asset quality
ensures that operational execution remains remained well maintained, as reflected by a gross
aligned with the Company’s strategic direction Non-Performing Financing (NPF) ratio of 1.81% and
and supports the sustainable achievement of a net NPF ratio of 0.47%, indicating improvement
corporate objectives. from the previous year. This performance reflects
disciplined risk management practices aligned
The Board of Directors also monitors and evaluates with business segmentation and customer
the implementation of policies and business profiles.
activities through structured management and
control mechanisms. In performing this function, In terms of funding, the Company recorded third-
the Board provides periodic reports to the Board of party funds (DPK) growth of 16.20% year-on-year
Commissioners, delivers necessary explanations, to Rp380.49 trillion. The growth was primarily
and ensures the adequacy of internal control driven by low-cost funds (Current Account Saving
systems and corporate administration as part Account/CASA), which accounted for 61.62%
of the overall governance and accountability or Rp234 trillion, mainly supported by savings
framework. products that grew 15.72% to Rp162.63 trillion.
Total assets reached Rp456.19 trillion, representing
In addition, to support the effective implementation an increase of 11.64% compared to Rp408.61
of strategic initiatives and policies, the Board of trillion in the previous year. Meanwhile, liabilities
Directors may establish committees and conduct increased by 2.59% to Rp104.93 trillion, and equity
periodic performance assessments. The Board strengthened by 15.34% to Rp51.95 trillion from
also ensures transparency in organizational Rp45.04 trillion in the prior year, reflecting the
management, including the disclosure of strategic Company’s strengthened financial position.
policies related to human capital management,
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The increase in financing activities and digital assets reaching Rp456.19 trillion, reflecting
transaction volumes contributed to higher increased operational capacity.
revenue generation. In 2025, income from fund
management by the Bank as mudharib reached Apart from financial performance, the Company
Rp19.13 trillion, representing a year-on-year increase was supported by extensive infrastructure and
of 9.88%. Other operating income, consisting of service networks. As of December 31, 2025, the
banking service fees, portfolio investment income, Company operated 1,049 branches, approximately
and other revenues, amounted to Rp6.94 trillion, 6 thousand ATM/CRM units, and 126 thousand laku
growing 24.84% compared to Rp5.56 trillion in the pandai services (BSI Agents). The Company also
previous year. Supported by improved productivity collaborated with 21 thousand EDC merchants and
and operational efficiency through digital 563 thousand QRIS merchants. The strengthening
technology, operating profit increased by 7.87% to of digital services was reflected in 5.9 million users
Rp10.01 trillion, while net profit rose by 8.02% year- of the BYOND by BSI mobile banking application
on-year to Rp7.57 trillion. and 43 thousand users of the BEWIZE application.
As of the end of the reporting year, the Company
The Company’s financial performance was also served 23.1 million customers.
reflected in positive profitability ratios throughout
the reporting year, including a Return on Assets In supporting its intermediation role and
(ROA) of 2.38%, Return on Equity (ROE) of 16.85%, contribution to the national economy, the
and Net Operating Margin (NOM) of 2.71%. In Company also participated in priority government
addition, the Company maintained adequate programs under the Asta Cita agenda, such as
capital and liquidity positions, as reflected by a providing 1,350 virtual account services for partners
Capital Adequacy Ratio (KPMM) of 22% and a of the National Nutrition Agency and support for
Financing to Deposit Ratio (FDR) of 83.74%. the development of 80,000 Merah Putih Village/
Sub-district Cooperatives. The Company further
Comparison Between Achieved Results and disbursed People’s Business Loan (KUR) amounted
Targets to Rp12.2 trillion to 90 thousand customers and
In 2025, PT Bank Syariah Indonesia Tbk (BSI) distributed Housing Financing Liquidity Facilities
recorded performance achievements reflecting (FLPP) amounted to Rp3.5 trillion for 23 thousand
the effective implementation of its business subsidized housing units.
strategies and policies. These results demonstrate
strengthened performance across key indicators In addition, the Company was entrusted with
under the Board of Directors’ oversight, particularly distributing surplus budget funds (Saldo Anggaran
in maintaining business growth, strengthening Lebih/SAL) amounting to Rp10 trillion, which
the Company’s financial structure, and generating were allocated to productive financing. Overall,
value for stakeholders. the Company’s 2025 performance achievements
reflect its consistency in maintaining a balance
From an intermediation perspective, the Company between business growth, asset quality, and
recorded financing disbursement of Rp318.84 profitability, while supporting operational stability
trillion and third-party funds (DPK) of Rp380.49 and the execution of its strategic direction.
trillion. These achievements reflect the Company’s
consistency in expanding financing selectively and
prudently, as well as the effectiveness of its funding CHALLENGES AND MITIGATIONS
strategy in maintaining liquidity and operational
stability. In terms of operational performance, In developing its business activities throughout
income from fund management by the Bank 2025, BSI encountered several challenges
as mudharib amounted to Rp19.13 trillion, while arising from industry dynamics and market
net profit reached Rp7.57 trillion, demonstrating conditions. One of the primary challenges relates
the Company’s ability to maintain operational to the relatively limited level of public literacy in
stability and profitability amid evolving economic Islamic finance compared to the conventional
and banking industry conditions. The Company’s financial system. This condition affects demand
financial position also strengthened, with total for Islamic banking products and services and
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requires continuous efforts to enhance public US dollar. Nevertheless, the Company continues
understanding of Sharia financial principles and to monitor domestic risks, particularly the
benefits. potential increase in the fiscal deficit and possible
shortfalls in tax revenue, which may affect investor
In response to this challenge, the Company, confidence and economic resilience.
both independently and in collaboration with
industry participants, continued to conduct Based on internal assessments, the national
various initiatives to promote sharia financial economic outlook for 2026 is supported by
literacy, including exhibitions, seminars, and several factors, including the normalization of
other educational programs. These efforts were global trade, asset reallocation to emerging
undertaken to support greater financial inclusion markets, the attractiveness of the Rupiah, the
and strengthen the Company’s customer base. continuation of government priority programs,
supportive economic policies, resilient domestic
In addition, the Company faced increasingly consumption, downstream development
intense competition within the banking industry, initiatives, and projected key economic indicators.
particularly in fund mobilization. To address Despite persistent external risks, these factors
this challenge, the Company strengthened provide a relatively strong foundation for national
its transaction solutions supported by digital economic growth.
transformation initiatives, including the
development of the BYOND by BSI SuperApp, In line with these developments, Bank Indonesia
while optimizing its competitive advantages projects national banking credit growth in the
through its dual licensing as an Islamic Bank and range of 8%–12% in 2026, with financing quality
a Bullion Bank. expected to remain stable. The Company’s
internal assessment also indicates continued
growth in the Islamic banking industry, with
BUSINESS OUTLOOK total assets projected to reach Rp1,205 trillion,
financing estimated at approximately Rp794
The Company anticipates that global uncertainty trillion or growing by nearly 11.9%, and third-party
will remain elevated amid ongoing geopolitical funds (DPK) projected to reach Rp952.9 trillion,
tensions, including the Russia–Ukraine conflict representing growth of 12.55%.
and developments in the Middle East. In addition,
continued global trade protectionism is expected In addition, the halal industry is expected to become
to disrupt international supply chains and a key driver of national trade and consumption
potentially affect the pace of global economic performance. Domestic consumption of halal
recovery. The International Monetary Fund (IMF), products is projected to reach US$259.8 billion
in its January 2026 World Economic Outlook, in 2026, representing growth of approximately
also highlighted increasing fiscal risks in several 5.88% and contributing more than 30% to
countries as a potential source of global economic national household consumption. From an export
instability, particularly due to rising structural perspective, halal products are estimated to
costs, higher defense spending requirements, account for around 20% of Indonesia’s total non-
and the energy security transition. In this context, oil and gas exports and are projected to increase
global economic growth in 2026 is projected at to US$73.9 billion, with growth of approximately
3.2%, lower than the previous year’s realization. 8.73%.
Amid global challenges, Indonesia’s economy is Taking these developments into account, the
projected to remain resilient, with a growth target Company views its future business prospects as
of 5.4% in 2026, higher than the 5.11% growth supported by the optimization of its dual licensing
recorded in 2025. National economic growth is as an Islamic Bank and a Bullion Bank, the
expected to be supported by the implementation continuation of digital transformation initiatives
of strategic programs in the manufacturing, to enhance competitiveness, and its support for
agriculture, and energy sectors, with inflation government priority economic programs as part
projected to remain within the target range of of its business development strategy.
1.5%–3.5% and the Rupiah exchange rate expected
to remain relatively stable at around Rp16,500 per
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CORPORATE GOVERNANCE of all corporate organs. Throughout 2025, the
Board of Directors carried out its management
BSI consistently implements sound corporate responsibilities, including convention of the
governance practices across all operational Annual GMS, preparation of Long-Term Corporate
activities, including the application of Sharia Plan (RJPP), Bank Business Plan (RBB), Corporate
governance as an integral component of its Work Plan and Budget (RKAP), Sustainable
business operations. The implementation of Finance Action Plan (RAKB), and other work plans
Sharia governance encompasses the duties and aligned with the Company’s vision, mission, and
responsibilities of the Sharia Supervisory Board, the objectives. The Board of Commissioners performed
application of Sharia compliance functions, Sharia its oversight function on the Bank’s management
risk management, Sharia internal audit functions, by the Board of Directors, including oversight on
and external reviews of Sharia governance RBB implementation, internal controls, the Bank’s
practices. The effectiveness of its implementation soundness level, risk management, compliance
is measured through periodic self-assessment implementation, information technology,
conducted in accordance with Financial Services and human resource development, as well as
Authority regulations, covering governance providing approval for matters requiring Board
structure, governance process, and governance of Commissioners approval in line with prevailing
outcome, including the implementation of Sharia regulations. Meanwhile, the Sharia Supervisory
principles in the Bank’s operations. Board provided advice, recommendations, and
guidance to the Board of Directors to ensure
The Company conducts Sharia governance self- compliance with Sharia principles in accordance
assessments on a semiannual basis, at the end with the fatwas of the National Sharia Council.
of June and December each year. The results of
the assessments for June and December 2025 The principle of responsibility is reflected in the
indicated a rating of 2 (two) or “Good.” These results Company’s compliance with prevailing laws
reflect the effectiveness of Sharia governance and regulations, adherence to Sharia principles,
implementation and serve as a basis for continuous and the implementation of corporate social
improvement of governance practices. responsibility. The Company has also adopted
various national and international governance
In applying corporate governance standards, including the OECD Principles of
comprehensively, the Company applies Good Corporate Governance, the ASEAN Corporate
Corporate Governance (GCG) principles across Governance Scorecard, the Indonesian Corporate
all operational activities. The transparency Governance Guidelines (PUGKI), and the Principles
principle is implemented through the provision of for Enhancing Corporate Governance issued by
adequate access to information for shareholders the Basel Committee on Banking Supervision.
and stakeholders regarding products, services,
governance practices, and financial performance The principle of independence is implemented
developments through the Company’s official through decision-making processes that are free
website. The Company also publishes its Annual from conflicts of interest and undue external
Report and Sustainability Report, which contain influence, as well as through the optimization of
comprehensive information on financial complementary corporate functions to establish
performance, strategic achievements, risk an effective control environment and ensure the
management, social responsibility, compliance integrity of information used for reporting and
with Sharia principles, and the realization of decision-making. This approach supports the
sustainability commitments in environmental, strengthening of the three lines model in risk
social, and governance aspects. Transparency management and internal control.
is further reflected in the provision of complete
information on products and services, including Meanwhile, the principle of fairness is reflected
terms and conditions, benefits, costs, risks, and in the Company’s commitment to treating all
usage procedures as part of customer education. stakeholders equitably and without discrimination.
The Company ensures equal rights for shareholders
The accountability principle is reflected in the and stakeholders in accessing information,
implementation of roles and responsibilities applies fairness in decision-making and dispute
ANNUAL REPORT 2025
53
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07 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS REPORT
resolution processes, provides equal employment direction. These changes were resolved at the
opportunities through transparent recruitment, Annual General Meeting of Shareholders (AGMS)
promotion, and merit-based career development, held on May 16, 2025, as part of the Company’s
and ensures transparency in products and services commitment to good corporate governance and
while safeguarding customer rights and data in to ensure the effectiveness of the management
accordance with applicable regulations. and oversight of its business activities.
As part of its evaluation of GCG implementation, Composition of the Board of Directors Prior to
the Company participates in the Corporate the 2025 Annual GMS
Governance Perception Index (CGPI) assessment Prior to the Annual General Meeting of Shareholders
conducted by The Indonesian Institute for (AGMS) on May 16, 2025, BSI’s Board of Directors
Corporate Governance. In 2025, the Company consisted of 10 (ten) members, comprising 1 (one)
obtained a score of XXX with the rating “Highly President Director, 1 (one) Vice President Director,
Trusted,” reflecting the Company’s commitment and 8 (eight) Directors, as follows:
to consistently implementing sound corporate
governance principles in its operations. •• Hery Gunardi, President Director
•• Bob Tyasika Ananta, Vice President Director
•• Tribuana Tunggadewi, Director of Compliance
ASSESSMENT OF COMMITTEES UNDER & Human Capital
THE BOARD OF DIRECTORS •• Anton Sukarna, Director of Sales & Distribution
•• Ade Cahyo Nugroho, Director of Finance &
In carrying out its management and operational Strategy
oversight functions, the Board of Directors •• Zaidan Novari, Director of Wholesale
is supported by seven committees under Transaction Banking
its authority, namely the Risk Management •• Saladin Dharmanugraha Effendi, Director of
Committee, IT Steering Committee, Policy & Information Technology
Procedure Committee, Business Committee, •• Grandhis Helmi Harumansyah, Director of Risk
Human Capital Committee, Asset and Liability Management
Committee, and the Steering Committee for Crisis •• Harry Gusti Utama, Director of Retail Banking
Management – Business Continuity Management. •• Ari Rizaldi, Director of Treasury & International
These committees support the Board of Directors Banking
in enhancing the effectiveness of decision-
making processes, operational control, and the The AGMS held on May 16, 2025 resolved the
management of risks and business activities. following matters:
The Board of Directors applies established criteria 1. Ratification of honorable dismissal:
and procedures in evaluating the performance •• Mr. Hery Gunardi as President Director
of the committees under its supervision. effective March 24, 2025.
The evaluation is conducted based on the •• Mr. Saladin Dharma Nugraha Effendi as
implementation of duties and responsibilities Director of Information Technology effective
as well as meeting attendance. Based on the March 24, 2025.
assessment results, the Board of Directors •• Mr. Ari Rizaldi as Director of Treasury &
concluded that all committees performed their International Banking effective March 25,
roles and responsibilities optimally throughout 2025.
2025 in accordance with their respective mandates.
2. Honorable dismissal:
•• Mr. Bob Tyasika Ananta as Vice President
CHANGES IN THE COMPOSITION OF Director.
THE BOARD OF DIRECTORS •• Ms. Tribuana Tunggadewi as Director of
Compliance & Human Capital.
In 2025, PT Bank Syariah Indonesia Tbk (BSI) •• Mr. Harry Gusti Utama as Director of Retail
implemented changes to the composition of Banking.
its Board of Directors in accordance with the •• Mr. Zaidan Novari as Director of Wholesale
Company’s organizational needs and strategic Transaction Banking.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY FINANCIALSTATEMENT
2025 FINANCIAL STATEMENT
BOARD OF DIRECTORS REPORT
3. Appointment of Board members: •• Zaidan Novari, Director of Wholesale
•• Mr. Anggoro Eko Cahyo as President Transaction Banking
Director. •• Firman Nugraha, Director of Treasury &
•• Mr. Bob Tyasika Ananta as Vice President International Banking
Director.
•• Mr. Firman Nugraha as Director of Treasury
& International Banking. CLOSING
•• Mr. Zaidan Novari as Director of Wholesale
Transaction Banking. The Company’s solid and sustainable performance
•• Mr. Muharto as Director of Information achievements throughout 2025 were supported
Technology. by the contributions and commitment of all
•• Mr. Arief Adhi Sanjaya as Director of stakeholders, including shareholders, central
Compliance & Human Capital. and regional governments, all BSI employees,
•• Mr. Kemas Erwan Husainy as Director of customers, and strategic partners. The strong
Retail Banking. synergy and collaboration established among
these parties have been essential in supporting
Following the AGMS on May 16, 2025, the Board of the continuity and development of the Company’s
Directors remained at 10 (ten) members, consisting business.
of 1 (one) President Director, 1 (one) Vice President
Director, and 8 (eight) Directors, as follows: The Board of Directors expresses its appreciation
and gratitude for the trust, support, and
•• Anggoro Eko Cahyo, President Director commitment extended by all stakeholders to the
•• Bob Tyasika Ananta, Vice President Director Company. Such support serves as a fundamental
•• Kemas Erwan Husaini, Director of Retail basis for the Company in carrying out its
Banking business activities and fulfilling its management
•• Muharto, Director of Information Technology responsibilities on a sustainable basis.
•• Ade Cahyo Nugroho, Director of Finance &
Strategy May Allah SWT continue to provide guidance and
•• Anton Sukarna, Director of Sales & Distribution blessings in all of the Company’s efforts in carrying
•• Arief Adhi Sanjaya, Director of Compliance & out its mandate in the future. Amen.
Human Capital
•• Grandhis Helmi Harumansyah, Director of Risk
Management
Wassalamualaikum Warahmatullahi Wabarakatuh
Jakarta, March 2026
On Behalf of The Board of Directors
Anggoro Eko Cahyo
President Director
ANNUAL REPORT 2025
55
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02 MAIN HIGHLIGHTS REPORTS
MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
3 5
1
4
2
1. FIRMAN NUGRAHA 3. MUHARTO HADI SUPRAPTO 5. ARIEF ADHI SANJAYA
Director of Treasury & International Banking Director of Information Technology Director of Compliance & Human Capital
2. ZAIDAN NOVARI 4. BOB TYASIKA ANANTA
Director of Wholesale Transaction Banking Vice President Director
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
6
8
7 10
9
6. KEMAS ERWAN HUSAINY 8. ANTON SUKARNA 10. GRANDHIS HELMI HARUMANSYAH
Director of Retail Banking Director of Sales & Distribution Director of Risk Management
7. ANGGORO EKO CAHYO 9. ADE CAHYO NUGROHO
President Director Director Finance & Strategy
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02 MAIN HIGHLIGHTS REPORTS
MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
SHARIA SUPERVISORY
BOARD REPORT
Sharia supervision is a mandate
to ensure that every aspect of the
Bank’s business activities remains
aligned with sharia principles,
justice, and the broader public
good. Through independent and
continuous oversight, the Sharia
Supervisory Board safeguards the
integrity of Islamic governance
and ensures compliance with
applicable regulations.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
PROF. DR. KH.
HASANUDIN, M.AG
Ketua Dewan Pengawas Syariah
LAPORAN
ANNUALTAHUNAN
REPORT 2025
59
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02 MAIN HIGHLIGHTS REPORTS
MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
SHARIA SUPERVISORY BOARD REPORT
DISTINGUISHED SHAREHOLDERS AND
STAKEHOLDERS,
Assalamualaikum Warahmatullahi Directors to ensure the effective implementation
Wabarakatuh of sharia governance in accordance with prevailing
regulations. In addition, the Sharia Supervisory
Praise be to Allah SWT for His blessings and Board continuously enhances its competencies
grace, which have enabled the Sharia Supervisory through participation in training programs,
Board to fulfil its mandate in overseeing the seminars, and workshops to support the effective
implementation of sharia principles and execution of its sharia supervisory responsibilities.
regulations at PT Bank Syariah Indonesia Tbk
throughout 2025.
IMPLEMENTATION OF SHARIA
In performing its supervisory function, the SUPERVISORY BOARD ACTIVITIES IN
Sharia Supervisory Board continuously strives to 2025
enhance the quality of oversight over the Bank’s
products, services, and operational activities, in Throughout 2025, the Sharia Supervisory Board
line with the Company’s dual license as an Islamic performed its supervisory functions independently
Bank and Gold Bank. These efforts aim to ensure and on a continuous basis to ensure that all
that the Bank’s business activities remain aligned business activities of PT Bank Syariah Indonesia
with sharia principles and objectives as part of the Tbk were conducted in accordance with sharia
implementation of sound sharia governance. principles, regulatory requirements, and the
objectives of Maqashid Sharia, which uphold
The execution of sharia supervisory duties is justice, public benefit, and sustainability. The
conducted in accordance with the Company’s supervisory function was carried out through the
Articles of Association and the Decree of the Sharia following activities:
Supervisory Board of PT Bank Syariah Indonesia
Tbk No. 05/DPS-BSI/2025, which governs the 1. Conduct of Sharia Supervisory Board
requirements, duties and responsibilities, primary Meetings
functions, prohibitions, term of office, dismissal In accordance with prevailing regulations, the
procedures, and meeting policies of the Sharia Sharia Supervisory Board convenes meetings
Supervisory Board. at least once each month as part of its decision-
making process and oversight of sharia
Throughout the reporting period, the Sharia implementation. All decisions of the Sharia
Supervisory Board provided advice and Supervisory Board are determined through
recommendations to the Board of Directors deliberation and consensus and documented
through regular meetings and discussions with in meeting minutes maintained by the Bank
the Bank’s management and relevant parties to as a form of accountability and transparency in
ensure that all operational activities comply with the implementation of sharia governance.
sharia principles and the fatwas issued by the
National Sharia Council of the Indonesian Ulema In addition to internal meetings, the Sharia
Council (DSN-MUI). Supervisory Board holds joint meetings
with the Board of Directors and the Board
To strengthen the supervisory function, the Sharia of Commissioners at least once every four
Supervisory Board maintains close coordination months to ensure coordination and alignment
with the Board of Commissioners and the Board of of policies and operations with sharia
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
SHARIA SUPERVISORY BOARD REPORT
principles. Meetings are conducted with the implementation of other Sharia Supervisory
attendance of the majority of members of the Board programs.
Sharia Supervisory Board and the majority
of members of the Board of Directors and These supervisory activities reflect the
Board of Commissioners in accordance with Sharia Supervisory Board’s commitment to
applicable provisions. ensuring compliance with sharia principles
and supporting the implementation of sound
Throughout 2025, the Sharia Supervisory sharia governance that delivers sustainable
Board conducted 28 (twenty-eight) internal value and benefit to all stakeholders.
meetings, 6 (six) joint meetings with the Board
of Commissioners and the Board of Directors
and participated in 2 (two) Annual General PERFORMANCE ASSESSMENT OF THE
Meetings of Shareholders. SHARIA SUPERVISORY BOARD
2. Frequency and Mechanism of Providing The performance assessment of the Sharia
Advice and Monitoring Sharia Compliance Supervisory Board is conducted through a self-
In carrying out its supervisory role, the assessment mechanism carried out periodically
Sharia Supervisory Board actively provided on a semi-annual basis as part of the evaluation of
advice, recommendations, and opinions the effectiveness of its sharia supervisory functions.
through various mechanisms to ensure the The results of the assessment are reported to the
implementation of sharia principles across Financial Services Authority (OJK) in accordance
all operational and business activities of the with applicable regulations.
Bank. Guidance was delivered through regular
meetings and discussions with the Bank’s As part of its supervisory responsibilities, the Sharia
management and relevant parties to address Supervisory Board also fulfils its obligation to
policies, business activities, and operational submit the Sharia Supervisory Board Supervisory
matters requiring sharia oversight. Reports on a semi-annual basis to the Islamic
Banking Department of the Financial Services
Throughout 2025, the Sharia Supervisory Board Authority (OJK) and the National Sharia Council –
issued meeting minutes or opinions related to Indonesian Ulema Council (DSN-MUI).
BSI’s business and operational activities and
prepared written reports detailing the results Throughout 2025, the Sharia Supervisory Board
of sharia audits and supervisory activities, carried out its duties and responsibilities in
including necessary recommendations and accordance with prevailing regulations and
corrective measures to ensure compliance with effectively performed its supervisory functions in
the fatwas issued by the National Sharia Council ensuring the implementation of sharia principles
– Indonesian Ulema Council (DSN-MUI). The in the Bank’s business activities.
total number of meeting minutes or opinions
issued by the Sharia Supervisory Board in 2025
amounted to XXX. CHANGES IN THE COMPOSITION OF
THE SHARIA SUPERVISORY BOARD
3. Results of Sharia Supervisory Activities
During the reporting period, the Sharia Throughout 2025, there were no changes in the
Supervisory Board submitted its Supervisory composition of the Sharia Supervisory Board of
Reports in a timely manner in accordance with PT Bank Syariah Indonesia Tbk. The stability of
applicable regulations. These reports included the Board’s composition reflects continuity in
evaluations of policies and management the execution of sharia supervisory functions and
actions undertaken by the Board of Directors consistency in maintaining the effectiveness of
related to the implementation of sharia the Bank’s Islamic governance implementation.
principles, the provision of advice and opinions
to the Board of Directors, opinions regarding
sharia compliance to committees supporting
the Board of Commissioners, and the
ANNUAL REPORT 2025
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02 MAIN HIGHLIGHTS REPORTS
MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
SHARIA SUPERVISORY BOARD REPORT
As of December 31, 2025, the composition of the represents the Board’s mandate to ensure the
Bank’s Sharia Supervisory Board was as follows: Bank’s compliance with sharia requirements and
to support the implementation of sound Islamic
Prof. Dr. KH. Hasanudin, M.Ag: governance grounded in the values of justice,
Chairman of the Sharia Supervisory Board public benefit, and sustainability.
Dr. H. Mohamad Hidayat, MBA, M.H:
Member of the Sharia Supervisory Board The Sharia Supervisory Board expresses its
Dr. H. Oni Sahroni, MA: appreciation to the Shareholders, Board of
Member of the Sharia Supervisory Board Commissioners, Board of Directors, management,
Dr. KH. Abdul Ghofur Maimoen, M.A.: and all stakeholders for their support and
Member of the Sharia Supervisory Board constructive collaboration in maintaining
Prof. Dr. Jaih Mubarok, SE, M.H, M.Ag: adherence to sharia principles. This support
Member of the Sharia Supervisory Board reinforces BSI’s commitment as the largest Islamic
bank and the first Gold Bank in Indonesia to
conduct its business activities in alignment with
CLOSING sharia values and to deliver meaningful benefits to
society.
All praise be to Allah SWT, the Sharia Supervisory
Board has carried out its supervisory responsibilities The Sharia Supervisory Board prays that Allah SWT
over the implementation of sharia principles will continue to provide guidance and blessings to
across all business and operational activities of BSI in strengthening its role in the development of
PT Bank Syariah Indonesia Tbk throughout 2025. the Islamic economic and financial ecosystem and
The execution of these supervisory functions in contributing to the welfare of the ummah.
Wassalamualaikum Warahmatullahi Wabarakatuh
Jakarta, March 2026
On Behalf of the Sharia Supervisory Board
Prof. Dr. KH. Hasanudin, M.Ag
Chairman of the Sharia Supervisory Board
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62 PT BANK SYARIAH INDONESIA (PERSERO) TBK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
3
2 4
1 5
1. DR. H. MOHAMAD HIDAYAT, MBA, M.H 4. DR. KH. ABDUL GHOFUR MAIMOEN, M.A
Member of the Sharia Supervisory Board Member of the Sharia Supervisory Board
2. PROF. DR. JAIH MUBARAK, SE, MH. M.AG 5. DR. H. ONI SAHRONI, MA
Anggota Dewan Pengawas Syariah Member of the Sharia Supervisory Board
3. PROF. DR. KH. HASANUDIN, M.AG
Member of the Sharia Supervisory Board
ANNUAL REPORT 2025
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02 MAIN HIGHLIGHTS REPORTS
MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
STATEMENT LETTER OF
THE MEMBERS OF THE BOARD OF COMMISSIONERS REGARDING
RESPONSIBILITY FOR THE ANNUAL REPORT FOR FISCAL YEAR 2025
PT BANK SYARIAH INDONESIA (PERSERO) TBK
We, the undersigned, hereby declare that all information in the 2025 Annual Report of PT Bank Syariah
Indonesia (Persero) Tbk has been fully disclosed and we assume full responsibility for the accuracy of the
contents of the Company’s Annual Report.
This statement is made truthfully.
Jakarta, 26 March 2026
BOARD OF COMMISSIONERS
Muhadjir Effendy
President Commissioner
Felicitas Tallulembang Kamaruddin Amin Mochamad Agus Rofiudin
Independent Commissioner Commissioner Commissioner
Nizar Ahmad Saputra Addin Jauharudin* Muhammad Syafii Antonio*
Independent Commissioner Independent Commissioner Independent Commissioner
Meidy Ferdiansyah*
Commissioner
*Effective upon obtaining approval from the Financial Services Authority (OJK) following the fit and proper test.
LEADING THE NEW ERA OF BULLION BANK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
STATEMENT LETTER OF
THE MEMBERS OF THE BOARD OF DIRECTORS REGARDING
RESPONSIBILITY FOR THE ANNUAL REPORT FOR FISCAL YEAR 2025
PT BANK SYARIAH INDONESIA (PERSERO) TBK
We, the undersigned, hereby declare that all information in the 2025 Annual Report of PT Bank Syariah
Indonesia (Persero) Tbk has been fully disclosed and we assume full responsibility for the accuracy of the
contents of the Company’s Annual Report.
This statement is made truthfully.
Jakarta, 26 March 2026
BOARD OF DIRECTORS
Anggoro Eko Cahyo
President Director
Bob Tyasika Ananta Anton Sukarna Ade Cahyo Nugroho
Vice President Director Sales & Distribution Director Finance & Strategy Director
Zaidan Novari Grandhis Helmi Harumansyah Kemas Erwan Husainy
Wholesale Transaction Banking Risk Management Director Retail Banking Director
Director
Muharto Hadi Suprapto Firman Nugraha Arief Adhi Sanjaya
Technology Information Director Treasury & International Banking Treasury & International Banking
Director Director
ANNUAL REPORT 2025
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
COMPANY
PROFILE
BSI stands with an identity built
on sharia principles, the spirit of
innovation, and a commitment
to serve more broadly. This
foundation shapes the
Company’s character in creating
value for all stakeholders.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
COMPANY IDENTITY
COMPANY NAME [GRI 2-1] OWNERSHIP [GRI 2-1]
PT BANK SYARIAH INDONESIA TBK Series A Dwiwarna Share:
Government of the Republic of
Indonesia: 1 Share
Series B Dwiwarna Shares:
•• PT Bank Mandiri (Persero) Tbk :
51.47%
ADJUSTMENT OF COMPANY’S NAME •• PT Bank Negara Indonesia
PT BANK SYARIAH INDONESIA (Persero) Tbk : 23.24%
(PERSERO) TBK •• PT Bank Rakyat Indonesia
(Persero) Tbk : 15.38%
•• Other Shareholders (including
the public) : 9.91%
SHORT NAME
BSI LEGAL BASIS OF ESTABLISHMENT
•• State Gazette of the Republic of
Indonesia No. 43 - May 28, 1971
-Supplement No. 242.
PRODUCT UPDATES [GRI 2-6] •• State Gazette of the Republic of
Indonesia No. 85 - October 23,
Sharia-Compliant Commercial Bank 2009 - Supplement No. 26142
•• State Gazette of the Republic of
Indonesia No. 96 - December 1,
2009 - Supplement No. 27908.
•• Deed No. 8 - January 8, 2018,
DATE OF ESTABLISHMENT made by Notary Fathia Helmi S.H
•• Deed No. 38 - January 14, 2021,
February 1, 2021 made by Notary Jose Dima Satria
S.H., M.Kn
COMPANY TYPE ISSUED AND FULLY PAID CAPITAL
Public Limited Company (PT)
Rp23,064,630,069,000
AUTHORIZED CAPITAL STOCK CODE
Rp40,000,000,000,000 BRIS
ANNUAL REPORT 2025
67
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
COMPANY IDENTITY
BUSINESS LICENSE OFFICE NETWORK DATA
•• Decree of the Governor of Bank •• 10 Regional Offices
Indonesia No. 10/67/KEP.GBI/ •• 153 Branch Offices (KC)
DpG/2008 dated October 16, 2008. •• 1 Overseas Branch Office (KCLN)
•• Decree of the Governor of Bank •• 896 Sub-Branch Offices (KCP)
Indonesia No. 11/63/KEP.GBI/ •• 60 Mobile KCP (dhi: MKK)
DpG/2009 dated December 15, •• 81 Functional Offices (KF)
2009. •• 31 Priority Service Counters
•• Decree of the Board of •• 756 Pawn Service Counters
Commissioners of the Financial •• 6,000 Automated Teller Machines
Services Authority No. 4/ (ATM)
KDK.03/2021 dated January 27, 2021.
NUMBER OF EMPLOYEES
LISTING ON INDONESIA STOCK 16,581 employees as of December 31,
EXCHANGE 2025
May 9, 2018
INFORMATION ACCESS
CORPORATE SECRETARY HEAD OFFICE ADDRESS
Wisnu Sunandar Gedung The Tower
Email: Jl. Gatot Subroto No.27, Karet Semanggi,
corporate.secretary@bankbsi.co.i Setiabudi, Jakarta Selatan, 12930,
Indonesia
Telepon : 021-30405999
Faks : (021) 30421888
INVESTOR RELATION Website : www.bankbsi.co.id
Rizky Budinanda Email : contactus@bankbsi.co.id
Email: investor-relations@bankbsi.co.id
SOCIAL MEDIA
CALL CENTER @banksyariahindonesia
14040
1500789 (specializing in serving @bankbsi_id, @bsihelp
corporate and institutional customers)
Bank Syariah Indonesia
Bank Syariah Indonesia
Note:
Details of branch office and representative office addresses are fully provided in the Company Profile section of the Annual Report.
LEADING THE NEW ERA OF BULLION BANK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
COMPANY BRAND
The BSI logo, which consists of a wordmark (brand name) and an icon
(five-pointed star), is designed to convey a clear brand message and
build clear recognition. The BSI five-pointed star icon has three main
meanings:
Representing the “guiding light” which symbolizes our
vision, which is to exist as a means to inspire goodness and
positivity. This vision is guided by the verse of the Koran,
Surah Ibrahim, verse 1: Alif Lam Ra.(This is) the Book that
We have sent down to you (Muhammad), hence, you can
bring humanity out of darkness into bright light with God’s
permission, towards the path of God, the Almighty, the
Most Praiseworthy.
Representing the five pillars of Islam, which guide every
Muslim to a wise and meaningful life.
Represents the five principles of Pancasila, the philosophy
that is the foundation of the Indonesian state to advance
the nation and improve the welfare of all its people.
ANNUAL REPORT 2025
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BRIEF COMPANY HISTORY
PT Bank Syariah Indonesia Tbk (the “Bank”) Mandiri (Persero) Tbk is the Bank’s parent entity
was established through the merger of several after the merger.
Islamic banks in Indonesia. Prior to adopting its
current name, the Bank originated from PT Bank In June 2022, there was change in the share’s
BRIsyariah Tbk. classification in the Articles of Association as stated
in the Deed of Statement of Meeting Resolutions
PT Bank BRIsyariah Tbk (“BRIS”) is located in on the Amendments to the Articles of Association
Jakarta, Indonesia, and initially established under of PT Bank Syariah Indonesia Tbk No.146 dated 24
the name of PT Bank Jasa Arta (“BJA”) based on June 2022 made before Notary Jose Dima Satria,
the Deed of Establishment No. 4 dated 3 April S.H., M.Kn., notary in Jakarta, in connection with:
1969 made before Liem Toeng Kie, S.H., notary in •• the implementation of the classification of
Jakarta. shares in the Bank into Series A Dwiwarna
share which is share with special rights and Se-
BJA changed its name to PT Bank Syariah BRI ries B common share which is ordinary share;
(“BSBRI”) based on Shareholders’ Decision and
Statement, as stated in the Deed No. 45 dated 22 •• reclassification of 1 (one) share owned by the
April 2008 of Fathiah Helmi, S.H., notary in Jakarta Republic of Indonesia in the Bank into 1 (one)
and obtained a license from Bank Indonesia to Series A Dwiwarna share and all shares owned
change its business activities, from a conventional by other shareholders into Series B common
bank into a commercial bank based on sharia shares.
principles effective from 16 October 2008. In 2009,
BSBRI changed its name to PT Bank BRISyariah This change was accepted and recorded by the
based on Shareholders’ Decision Statement, as Minister of Law and Human Rights of the Republic
stated in Notarial Deed No. 18 dated 14 April 2009 of Indonesia No. AHU-AH.01.03-0269107 dated 22
made before Fathiah Helmi, S.H., notary in Jakarta. July 2022.
PT Bank BRISyariah changed its name to PT The latest amendment to the Bank’s Articles of
Bank BRIsyariah Tbk as approved, accepted and Association in relation to the amendments of BSI’s
recorded by the Ministry of Laws and Human Articles of Association with new provisions relating
Rights of the Republic of Indonesia No. AHU- to BSI as a Sharia Commercial Bank as outlined in
0000386.AH.01.02 Year 2018 dated 10 January 2018. the Deed of Meeting Resolutions on Amendments
to the Articles of Association of PT Bank Syariah
In January 2021, there was a merger of PT Bank Indonesia Tbk No. 37 dated 17 May 2024 made
BRIsyariah Tbk with PT Bank Syariah Mandiri and before Notary Ashoya Ratam, S.H., M.Kn. notary
PT Bank BNI Syariah. The merger has received in Jakarta. This amendment was approved by the
approval from Financial Services Authority Minister of Law and Human Rights of the Republic
(“OJK”) of Capital Market through its letter No. of Indonesia No. AHU-0035266.AH.01.02.Year 2024
S-289/D.04/2020 dated 11 December 2020 and OJK dated 13 June 2024 and was received and recorded
Board of Commissioners Number 4/KDK.03/2021 by the Minister of Law and Human Rights of the
dated 27 January 2021 concerning the Granting Republic of Indonesia No. AHU-AH.01.03-0145286
of Permit to Merge PT Bank Syariah Mandiri and dated 13 June 2024.
PT Bank BNI Syariah into PT Bank BRIsyariah Tbk
and a Name Change Permit Using a Business
License from PT Bank BRIsyariah Tbk to become
a Business License on behalf of PT Bank Syariah
Indonesia Tbk (“BSI”) as the Merged Bank. PT Bank
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BRIEF COMPANY HISTORY
Name Change Information
According to the brief historical overview, BSI has undergone name changes on several occasions as
follows:
April 3, PT Bank Jasa Arta
1969 Deed No. 4 dated April 3, 1969, drawn up before Notary Liem Toeng Kie, S.H., and
the Decision of the Minister of Justice No. J.A.5/70/4 dated May 28, 1970.
PT Bank Syariah BRI
October 9,
2008 Deed of Statement of Joint Approval of All Shareholders of PT Bank Jasa Arta No.
45 dated April 22, 2008, drawn up before Notary Fathiah Helmi, S.H., and approval
from the Minister of Law and Human Rights of the Republic of Indonesia No.
AHU-71478.AH.01.02. Year 2008 dated October 9, 2008.
PT Bank BRISyariah
November
Deed of Statement of Joint Approval of All Shareholders of PT Bank Syariah BRI
5, 2009 No. 20 dated September 17, 2009, drawn up before Notary Fathiah Helmi, S.H.,
and approval from the Minister of Law and Human Rights of the Republic of
Indonesia No. AHU-53631.AH.01.02. Year 2009 dated November 5, 2009.
PT Bank BRIsyariah Tbk
January
Deed of Statement of Resolutions of the Extraordinary General Meeting of
10, Shareholders of PT Bank BRIsyariah No. 8 dated January 8, 2018, drawn up before
2018 Notary Fathiah Helmi, S.H., and approval from the Minister of Law and Human
Rights of the Republic of Indonesia No. AHU-0000386.AH.01.02. Year 2018 dated
January 10, 2018, as well as receipt from the Minister of Law and Human Rights
of the Republic of Indonesia No. AHU-AH.01.03-0009224 dated January 10, 2018.
PT Bank Syariah Indonesia Tbk
February 1, Deed of Statement of Resolutions on Amendment to Articles of Association
2021 regarding the Name Change of PT Bank BRIsyariah Tbk to PT Bank Syariah
Indonesia Tbk No. 38 dated January 14, 2021, drawn up before Notary Jose Dima
Satria, S.H., M.Kn., and approval from the Minister of Law and Human Rights of
the Republic of Indonesia No. AHU-0006268.AH.01.02. Year 2021 dated February
1, 2021, as well as receipt from the Minister of Law and Human Rights of the
Republic of Indonesia No. AHU-AH.01.03-0061498 dated February 1, 2021.
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
MILESTONES
2015
•• OJK appointed BRIsyariah
as Indonesia’s First Movers
in Sustainable Banking.
2010
•• BRIsyariah became the first
2009 •• Launch of the 7 working
Sharia Bank in Indonesia to
cultures of BRIsyariah:
On July 1, 2009, Sofyan Djalil, launch Laku Pandai Syariah
PASTI PK, i.e., professional,
State Minister for State BRISSMARt.
enthusiast, HR Awards,
Owned Enterprises, officially •• BRIsyariah received
tawakal, integrity,
launched BRIsyariah. approval from the Ministry
business orientation, and
of Finance of the Republic
customer satisfaction.
of Indonesia as a participant
•• Live core Banking
in the StateSharia Securities
System SyIAR (Sharia
(SBSN) auction.
Integrated & Automated
2008 Realtime) equipped with
•• Bank Indonesia issued electronic f inancing
business licenses through originating system
letter No.10/67/kep.GBI/ (efoS) and management
dpG/2008. Information System
(mIS).
•• On October 16, 2008, PT 2014
Bank BRIsyariah officially
began operating under •• Launch of BRIsyariah
Islamic Sharia principles, internet banking.
transitioning from •• Implementation of an
electronic financing
traditional operations. 2011 support application (Appel)
•• On December 19, 2008, Implementation of Sharia
the Sharia Business to support the financing
Services at 18 BRI Branch disbursement process
unit of PT Bank Rakyat Offices.
Indonesia (persero) quickly and accurately.
Tbk was separated
and merged into PT
Bank BRISyariah (spin- 2013
off process), effective 2012
•• BRIsyariah developed the
January 1, 2009. •• BRIsyariah has
Sharia Officer Development
established itself as the
Program (SODP) to create
world’s first sharia bank
bankers who have great
to offer mobile banking
competence in Islamic
services in 4 (four) online
banking and a common
markets: Blackberry App
understanding of the
World, Google Play, Apple
BRIsyariah business.
Store, and Nokia Store.
•• Rebranding of Tabungan
•• Launch of Tabungan
BRIsyariah iB becomes
Impian BRIsyariah.
Tabungan Faedah
BRIsyariah iB
2007
•• Bank Indonesia approved
PT Bank Rakyat Indonesia
BRIsyariah as a foreign
(Persero) Tbk acquired Bank
exchange bank.
Jasa Arta.
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MILESTONES
2022
BSI was able to complete
2021
2016 the first rights issue process
Bank Syariah Mandiri through Pre-emptive
BRIsyariah issued BRIsyariah
and BNI Syariah merged Rights. This process was
Subordinated Mudarabah
with BRIsyariah into one oversubscribed by 1.4 times
Sukuk I 2016 to strengthen
entity, i.e., Bank Syariah and generated additional
its capital base.
Indonesia (BSI), on capital of around IDR5 trillion.
February 1, 2021, which
coincided with 19 Jumadil
Akhir 1442 H.
2017
•• The first Islamic bank
disbursed IDR58.1 billion 2023
in KUR syariah to 2578 BSI has officially obtained a
customers. 2020 full license to operate in Dubai,
•• Distributed SBUM (Down BRIsyariah developed United Arab Emirates.
Payment Assistance i-Kurma Gen 2 to increase
Subsidy) to ASN and the service quality for the
private sector for FLPP customer. I-Kurma Gen 2024
KPR f inancing in 2017, 2 is a development from
totaling IDR950 billion. •• The First Sustainability
the previous application to
•• Designated by the Sukuk Issuance in Indonesia
accelerate the microfinance
Ministry of Finance of the •• Launching of BYOND by BSI
disbursement application
Republic of Indonesia process.
as the recipient bank
for electronic state tax
2025
collectors through the
second generation
national Income
•• BSI issued Sustainability-
Generation module
Based Mudharabah Sukuk
(MPN) for corporate and 2019 I Phase II Year 2025 as part
individual taxpayers.
•• In commemorating its 11th of its sustainable financing
anniversary, BRIsyariah commitment.
develops technological •• BSI launched BYOND
innovation for internal Mobility to expand banking
business processes to service access across
accelerate customer Indonesia.
services, which was •• Through BYOND by BSI,
2018 Kemaslahatan for Madani the BSI OTO feature was
BRIsyariah go public on May People (i-kurma). Kurma introduced to simplify
9, 2018 on the Indonesia is a digital application for digital vehicle financing.
Stock Exchange, conducting microfinance processing. •• BSI introduced Baiq Core
an Initial Public Offering •• The commencement of by BSI, a digital core system
for 2,623,350,600 shares to Qanun Sharia financial for zakat management
both domestic and foreign institution implementation organizations (OPZ).
investors with a nominal in Aceh by BRI and
value of IDR500 per share. BRIsyariah.
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
VISION, MISSION AND
CORPORATE CULTURE
VISION
TOP 5
GLOBAL
ISLAMIC BANK
MISSION
Providing access to Aspiring to be Becoming the
sharia-compliant a leading bank company of choice
financial solutions that delivers the and a source of pride
in Indonesia. best value for of Indonesia’s best
shareholders. talents.
Serving >20 million
customers and Ranked among the top 5 A company with strong
becoming one of the top most profitable banks in values that empower the
5 banks by assets (500+T) Indonesia (ROE 18%) with community as well as being
and value of 50 T by 2025. a strong valuation (PB>2). committed to employee
development with a
performance- based culture.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
VISION, MISSION AND
CORPORATE CULTURE
Corporate Culture
Bank Syariah Indonesia (BSI) continues to strengthen the foundation of its corporate
culture as a strategic pillar in achieving sustainability performance. BSI implements
the Melayani Sepenuh Hati value initiated by Danantara as the core value shaping the
behavior, work ethic, and quality of interaction of all BSI personnel. This value serves as
a service standard that emphasizes Empati Melayani Antusias Sepenuh Hati (EMAS) to
deliver the best experience to customers.
EMPATHY
Understand before acting
INTEGRITY
Do the right thing, not
the easy thing
EXCELLENCE REVIEW OF VISION AND
Always raise the bar MISSION BY THE BOARD
OF COMMISSIONERS AND
DIRECTORS
The Board of Commissioners and
the Directors have conducted an
COLLABORATION assessment of the Bank’s vision
and mission and affirmed that they
remain relevant to current conditions
Serve as one unified and aligned with the challenges and
BUMN family opportunities the Bank anticipates.
The Bank’s vision and mission were
discussed and endorsed by the
Board of Commissioners and the
Directors during the submission of
LEGACY the Amendment to the 2025–2027
Bank Business Plan (RBB) of PT Bank
Leave a better institution Syariah Indonesia Tbk.
for future generations
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BUSINESS ACTIVITIES
BUSINESS ACTIVITIES ACCORDING TO 9. Performing the provision of banking services
THE ARTICLES OF ASSOCIATION AND based on agreement, among others:
CURRENT OPERATIONS a. Wakalah
b. Hawalah
Based on the Amendment to the Articles of c. Kafalah
Association No. AHU-0035266.AH.01.02.TAHUN d. Rahn
2024 regarding the Approval of Amendments 10. To purchase, sell, and/or guarantee at its own
to the Articles of Association of PT Bank Syariah risk third-party securities issued on the basis
Indonesia Tbk, the Bank’s objectives and purposes of underlying transactions based on sharia
are to conduct business in the banking sector principles.
based on Sharia principles and prevailing laws 11. Purchasing securities based on sharia
and regulations. To achieve these objectives and principles issued by the Government and/or
purposes, the Bank carries out the following Bank Indonesia.
business activities: 12. Accept payments from commercial papers
and perform calculations with or among third
Main Business Activities parties based on sharia principles.
1. Collecting funds in the form of deposits, namely 13. Moving money, either for its own interest or
Current Account, Savings, or other equivalent for the Customer’s interest, based on sharia
forms based on the Wadi’ah Agreement or principles.
other agreements that are not contrary to 14. Placing funds with, borrowing from, or
sharia principles. lending to other banks, using letters,
2. Raising funds in the form of investment, telecommunications devices, sight drafts,
namely Deposits, Savings, or other equivalent checks, or other means.
forms based on the Mudharabah Agreement 15. Providing safe deposit boxes to store valuable
or other agreements that are not contrary to goods and commercial papers based on the
sharia principles. principle of wadi’ah yad amanah or other
3. Disbursing profit-sharing financing based principles based on sharia principles.
on the Mudharabah, Musyarakah, or other 16. Providing custodia services, including
agreements that are not contrary to sharia administration, for the interest of other parties
principles. in accordance with Sharia principles.
4. Disbursing financing based on Murabahah, 17. Providing letter of credit (L/C) facilities based
Salam, Istishna’, or other agreements that are on sharia principles
not contrary to sharia principles. 18. Providing bank guarantee facilities based on
5. Disbursing financing based on the Qardh sharia principles.
Agreement or other agreements that are not 19. Providing trustee services based on the
contrary to sharia principles. Wakalah Agreement.
6. Disbursing financing for leasing movable or 20. Conducting activities in the field of payment
immovable goods to Customers based on the systems.
Ijarah Agreement and/or lease purchase in the 21. Carrying out accounts receivable transfer
form of Ijarah Muntahiya Bittamlik or other activities.
agreements that are not contrary to sharia 22. Performing other activities commonly carried
principles. out in the banking industry, as long as they
7. Taking over debt based on a Hawalah are not contrary to sharia principles and in
Agreement or other agreement that is not accordance with the provisions of prevailing
contrary to sharia principles. laws and regulations.
8. Conducting debit card and/or financing card
business based on sharia principles.
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BUSINESS ACTIVITIES
Supplementary Business Activities that Support The Main Activities
1. Conducting foreign exchange activities based on sharia principles.
2. Performing capital investment in Sharia Commercial Banks or financial institutions that
conduct business activities based on sharia principles.
3. Performing temporary capital investment to overcome the consequences of the failure
of financing based on sharia principles with the condition that it must withdraw its
participation in accordance with the provisions of the prevailing laws and regulations.
4. Acting as pension fund founder and administrator based on sharia principles.
5. Conducting activities in the capital market to the extent that they are not contrary to
sharia principles and the provisions of the laws and regulations in the capital market
sector.
6. Organizing bank activities or products based on sharia principles by using electronic
means.
7. Issuing, offering, and trading short-term commercial papers based on sharia principles,
either directly or indirectly, through the money market.
8. Issuing, offering, and trading long-term commercial papers based on sharia principles,
either directly or indirectly, through the capital market.
9. 9. Providing products or conducting other financial service activities based on sharia
principles and prevailing laws and regulations.
10. Collaborating with other Financial Service Institutions and non-Financial Service
Institutions in providing financial services to Customers, in accordance with the
regulations set by the Financial Services Authority and Sharia principles.
All business activities outlined in the Articles of Association have been carried out by the
Bank.
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
PRODUCTS AND SERVICES
INDIVIDUALS
BUSINESS
Bank Guarantee A banking guarantee instrument is one that is issued on the basis of requests and counter
Under Counter guarantees received from either banks or non-banks.
Guarantee
BSI Bank Guarantee Bank guarantees specifically for vendors/contractors of PT PLN (PLN) in the
procurement of goods and services within PLN.
BSI Cash Electronic distribution channels in the form of internet banking services for corporate
Management customers or institutions to carry out activities on their accounts at the Bank in the
context of financial management and cash flow monitoring safely, quickly, and easily.
BSI SDA Export Together, build the country through foreign exchange exports.
Deposit
BSI SDA Export Mortgage or property ownership financing service with a Hajj portion as a prize.
Demand Deposits
BSI Optima Demand Mudharabah demands deposits with special returns based on tiering.
Deposits
BSI Government Blessings fund for the country.
Demand Deposits
BSI Investment Medium and long-term financing facilities for the procurement of capital goods (expansion,
Financing establishment of new projects, or refinancing).
Vostro Demand Demand deposits opening services in various currencies on behalf of Banks and non-Banks
Deposits financial institutions, domestic and international correspondents at BSI.
Collection Services Collection services for short-term receivables under LC/SKBDN owned by the Nominated
for Interbank Trade Bank to BSI, which collects the receivables from the debtor (issuing Bank) according to sharia
Finance Transactions principles. BSI can provide bailout funds to the Nominated Bank based on acceptance news
from the Issuing Bank to the Nominated Bank.
Financing Received Loans or financing received by Bank Syariah Indonesia from banks or non-bank third parties,
(PYD) either domestically or internationally, in rupiah or foreign currency. Bank Syariah Indonesia
distributes profits to third parties based on the agreed-upon PYD underlying assets.
SIF (Supply Financing services for First Level Health Facilities (FKTP): Main Clinics, Pratama Clinics,
Infrastructure Individual Practitioners, and Dental Practices.
Financing) BPJS
Health
GOLD
BSI Gold Installment Purchase gold in fixed and light installments without worrying about the future price of
gold.
BSI Gold Pawn A gold pawn is a financing product that uses gold as collateral to provide a quick source
of cash.
HAJJ AND UMROH
BSI Indonesian Hajj The Hajj and Umrah savings plan is available for individuals aged 17 and above, based on
Savings Sharia principles using either a Wadiah or Mudharabah contract, in IDR or USD. This savings
account has no monthly administrative fees and includes an ATM card and e-Channel
facilities, provided the account holder is registered in Siskohat (has received a quota).
BSI Indonesian The Hajj and Umrah savings plan is available for individuals aged 17 and above, based on
Young Hajj Savings Sharia principles using either a Wadiah or Mudharabah contract, in IDR or USD. This savings
account has no monthly administrative fees and includes an ATM card and e-Channel
facilities, provided the account holder is registered in Siskohat (has received a quota).
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PRODUCTS AND SERVICES
INVESTMENT
Bancassurance Collaboration in marketing insurance products with insurance companies affiliated with
Bank Syariah Indonesia.
BSI Deposito A term investment managed with a Mudharabah Mutlaqah contract intended for individual
and non-individual customers in IDR or USD currency. Available term options are 1 month, 3
months, 6 months and 12 months which can be extended automatically (ARO) or Non-ARO.
BSI Sharia Mutual Islamic mutual funds are a method of collecting funds from the investor community in
Fund exchange for asset ownership. These funds are then invested and managed in sharia
securities portfolios by investment managers who follow sharia provisions and do not
violate Islamic legal principles.
Cash Waqf Linked Cash Waqf Linked Sukuk Retail (CWLS Retail), also known as the Sukuk Wakaf SWR001 series,
Sukuk Retail (Retail is an investment of cash waqf funds in state sukuk issued by the government to support
Waqf Sukuk) waqf in the community’s economic empowerment program and social initiatives.
Referral Retail Offer a referral service for investment products to potential customers in collaboration with
Brokerage securities companies.
SBSN Ritel •• SBSN Retail, consisting of Retail State Sukuk and Savings Sukuk
•• Retail State Sukuk are state sukuk sold to individuals or individuals of Indonesian citizens
through selling agents in the domestic primary market.
•• Sukuk Tabungan is a sharia investment product offered by the government to individual
Indonesian citizens as a safe, easy, affordable, and profitable investment savings.
FINANCING
Bilateral Financing It is the service of providing financing facilities in rupiah or foreign currencies for short-
term working capital needs or for other purposes to Bank and / or non-bank financial
institutions.
BSI Cash Collateral Financing facilities secured by liquid collateral, i.e. secured by deposit in the form of
deposits, current accounts, or savings.
BSI Distributor Working capital financing with a value chain scheme is post-finance (bailout funds to pay
Financing invoices that the work has been completed) provided to suppliers who are specialized
suppliers working on work contracts with Bouwheer, where the source of repayment of
financing is invoice payments from Bouwheer.
BSI Griya Mortgages are available for various needs, as follows:
1. Purchase of new house/second house/shophouse/home office/apartment
2. Take over financing from other banks
3. Refinancing to fulfill customer needs.
BSI KPR Sejahtera Consumptive financing facilities for government-subsidized housing with sharia principles.
A financing facility intended for Micro, Small, and Medium Enterprises to fulfill working
BSI KUR Kecil capital and investment needs with a ceiling of above Rp50 million to Rp500 million.
BSI KUR Mikro A financing facility intended for Micro, Small, and Medium Enterprises to fulfill working
capital and investment needs with a ceiling of above Rp10 million to Rp50 million.
BSI KUR Super Mikro A financing facility intended for Micro, Small, and Medium Enterprises to fulfill their
working capital and investment needs with a ceiling of up to Rp10 million.
BSI Mitra Beragun Financing for consumptive and productive purposes using murabahah/musyarakah
Emas (Non Qardh) mutanaqishah/ijarah agreements with gold as collateral using a rahn agreement, in which
the gold pledged is held by the Bank for a certain period of time.
BSI Multipurpose Financing for multipurposes without collateral with various benefits and convenience for
Berkah payroll employees at BSI.
BSI OTO Vehicle ownership financing services (new cars, used cars, and new motorcycles) with easy
and fixed installments.
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
PRODUCTS AND SERVICES
FINANCING
Monthly pension beneficiaries are eligible for the following financing options:
BSI Retirement 1. ASN Pensioners & Widow Pensioners.
Blessing 2. BUMN/BUMD pensioners.
3. ASN/PNS Retirees & Widow Pensioners who have not entered the TMT of Retirement
but have received a Retirement Decree.
Consumptive financing facility to meet the needs of purchasing Umrah travel package
BSI Umrah services through the Bank that has collaborated with travel agents in accordance with
sharia principles.
Mitraguna Online Unsecured financing for multipurpose/any purpose with various benefits and
convenience for employees.
PRIORITY
BSI Priority Exclusive services with special facilities from Bank Syariah Indonesia are available to selected
individual customers.
An exclusive service with special facilities from Bank Syariah Indonesia is made available to
BSI Private individual customers who have a minimum accumulative balance of Rp5 billion.
It is a place for treasures or securities, which are stored in a treasure room made of sturdy steel
Safe Deposit Box that is fireproof and resistant to demolition, ensuring the security of the items stored as well
(SDB) as the user’s comfort.
SAVINGS
A savings account in IDR designed to facilitate transactions for business segment customers,
BSI Business Savings offering benefits such as higher e-channel transaction limits (Visa Business debit card
facility), free BI Fast transfer fees, more detailed transaction descriptions, and competitive
profit-sharing ratios under the Mudharabah Muthlaqah contract.
BSI Easy Wadiah A savings account for easy daily transactions with no monthly administrative fees, available
Savings in IDR.
BSI Easy Mudharabah A savings account for easy daily transactions with a profit-sharing scheme, available in IDR.
Savings
Savings that are intended for children and students under the age of 17 encourage a culture
BSI Junior Savings of saving from an early age, in IDR currency with Wadiah or Mudharabah Mutlaqah contract.
Savings with a wadiah agreement from students at State Universities/Private Universities
BSI Student Savings (PTN/PTTS) or employees/members of companies/institutions/associations/professional
organizations that collaborate with the Bank with Wadiah or Mudharabah Mutlaqah
contracts.
A payroll savings accounts for customers, offering four different account management fee
BSI Payroll Savings variations based on the bank’s agreement (PKS) with the institution, under the Wadiah or
Mudharabah Mutlaqah contract.
BSI Retirement A savings account for individuals who are pension fund payment partners, provided in
Savings cooperation with the bank, with the option of Mudharabah Mutlaqah contract.
A Sharia securities savings account, also known as a Customer Fund Account (RDN), for
BSI Sharia Securities individual customers to settle securities transactions in the capital market under the
Savings Mudharabah Mutlaqah contract.
A USD-denominated savings accounts for individual and non-individual customers, under
BSI Forex Savings the Wadiah or Mudharabah Mutlaqah contract.
BSI Edu cation A term savings account for education planning with an auto-debit system and insurance
Savings protection, under the Mudharabah Mutlaqah contract.
A term savings accounts for investment planning with an auto-debit system and
BSI Savings Plan insurance protection, under the Mudharabah Mutlaqah contract.
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PRODUCTS AND SERVICES
SAVINGS
A term savings accounts for customers’ financial planning with an auto-debit system and
BSI Tapenas Regular insurance protection, under the Mudharabah Mutlaqah contract.
A term savings accounts for future financial planning for employees, based on an
BSI Tapenas institutional agreement, with an auto-debit system under the Mudharabah Mutlaqah
Collective contract.
BSI Student Savings A savings account for students as part of financial education and inclusion efforts,
Account (SimPel) encouraging saving habits from an early age, under the Wadiah contract.
An individual savings account promoted by Indonesia’s Financial Services Authority (OJK)
BSI Smart Savings to cultivate a saving culture and enhance societal well-being, under the Wadiah contract.
An individual savings account promoted by Indonesia’s Financial Services Authority (OJK)
BSI TabunganKu to cultivate a saving culture and enhance societal well-being, under the Wadiah contract.
TRANSACTION
BSI Giro Wadiah A deposit account for individual customers, allowing withdrawals via debit card, check, bilyet
Individual giro (bank draft), and other payment instruments, available in IDR, USD, SGD, and EURO,
under the Wadiah contract
BSI Giro Wadiah A deposit account for non-individual customers, allowing withdrawals via debit card, check,
Non-Individual bilyet giro, and other payment instruments, available in IDR, USD, SGD, and EURO, under
the Wadiah contract.
BSI Giro Mudharabah A deposit account for both individual and non-individual customers, allowing withdrawals
General via debit card, check, bilyet giro, and other payment instruments, available in IDR and USD,
under the Mudharabah Mutlaqah contract.
BSI Special A deposit account for both individual and non-individual customers, allowing withdrawals
Mudharabah Giro via debit card, check, bilyet giro, and other payment instruments, available in IDR and USD,
under the Mudharabah Mutlaqah contract, with profit-sharing ratios and fees determined
based on the bank’s policies.
COMPANY
CASH MANAGEMENT
Transaction services include transfers to partners or third parties at BSI Bank or other banks
CMS (online, SKN, RTGS), transfers to employees (payroll), payment of tax obligations, payment
and purchase of Pertamina products, payment of utility bills, and other bills.
BSI Pertamina Payment is a payment and acceptance service for Pertamina products.
OPBS (SO/DO) Together with Pertamina, BSI comes with a host-to-host service to make it easier for
Pertamina Pertamina’s partners/customers to order and/or pay for Pertamina products through the
BSI Cash Management System and BSI Branches.
TREASURY
Sukuk Transaction Serving the needs of sharia securities transactions (sukuk):
1. Sukuk Negara
2. Corporate Sukuk
Deposito On Call Deposit products with a certain amount with a minimum period of 1 (one) to 28 (twenty-
(DOC) eight) calendar days, with a rate of return that refers to the daily placement at Bank Indonesia.
The agreement used is mudharabah mutlaqah.
BSI Sharia Hedging Bank Syariah Indonesia serves foreign exchange sales/purchase transactions carried out in
order to mitigate the risk of changes in exchange rates for certain currencies in the future.
The agreement used are aqd’ al-tahaww al- basith and al-sharf.
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PRODUCTS AND SERVICES
Foreign Exchange Bank Syariah Indonesia serves foreign exchange purchase/sale transactions according to
Transactions customer needs with a certain time tenor. Today transactions for delivery on the same day,
- General Foreign tomorrow (Tom) transactions for delivery after one working day and spot transactions for
Exchange/ delivery after two working days. Currencies traded are USD, SAR, EUR, SGD, JPY, AUD, HKD,
Telegraphic Transfer CHF, CAD, CNY, and GBP.
Foreign Exchange Bank Syariah Indonesia serves foreign banknote transactions both for withdrawals and
Transactions - deposits as well as buying and selling against the Rupiah, with al-sharf agreements.
Foreign Banknotes
SERVICE
Trustee Representing sukuk holders, and can act as monitoring agents, collateral agents, and escrow
agents related to transactions in the Islamic capital market.
•• Trustee
Monitor the issuer’s obligations in accordance with the sukuk issuance trusteeship agreement.
•• Agency
Monitor the parties’ obligations regarding the services of monitoring agents, collateral agents,
capital market escrow agents.
Custodian Shariah-compliant governance with a modern and trusted custodial system.
Core Custody
•• Safekeeping
Concept of physical custody of securities, securities recording, and reconciliation.
•• Transaction Handling Service
Settlement of securities transactions that have occurred on the transaction date, which will be
settled on the settlement date.
•• Corporate Action
The custodian’s functions as a corporate action include other services, including receiving div-
idends, interest, and other rights (corporate action) and representing account holders who are
its customers (proxy).
•• Sub Registry (Government Bond)
Bookkeeping, recording, and administration services for government bond transactions for both
companies and individuals, either directly with customers and/or through other selling agents.
•• Income Collection
Services for the management or collection of customer rights in connection with securities and
securities deposited at the Custodian Bank.
•• Portfolio Accounting
Services for bookkeeping or recording the customer’s asset portfolio.
Fund Services and Unit Link
•• Fund Accounting
Bookkeeping of securities transactions or securities in a portfolio and reporting to customers.
•• Fund Administration
Recording the ownership of participation units of mutual funds and/or unit link customers
and reporting them to investors of these products.
•• Safekeeping
The concept of securities depository is physical storage of securities, securities recording, and
reconciliation.
•• Transaction Handling Service
Settlement of securities transactions that have occurred on the transaction date, which will be
settled on the settlement date.
•• Income Collection
Services for the management or collection of customer rights in connection with securities and
commercial papers deposited at the Custodian Bank.
•• Reporting/Tax
The final result or reporting service performed by the Custodian Bank on Mutual Fund assets sent
to investment managers and/or unit holders.
Investment Medium and long-term financing facilities for the procurement of capital goods (expansion,
Financing establishment of new projects, or refinancing).
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PRODUCTS AND SERVICES
SERVICE
Settlement of Facilities provided by Bank Syariah Indonesia to customers (Exporters) in order to assist in
Export Notes the processing of documents, collection of receivables, and help fulfill the working capital of
customers. Including the settlement of single bank, documentary, non-documentary, and
open account export bills either by collection (services) or negotiation/discounting (financing)
LC Issuance/ Facilities provided by Bank Syariah Indonesia in the form of payment guarantees from the Bank
SKDBN provided to the beneficiary if the guaranteed party (applicant) cannot fulfill its obligations or
defaults,
Buyer A facility whereby the Bank fulfills the Buyer’s obligation/debt to the Seller based on the Buyer’s
Financing signed sale and purchase contract/bill/invoice document.
Distributor A facility whereby the Bank fulfills the Distributor’s obligation/debt to the principal based on
Financing the sale and purchase contract/invoice document.
Supplier A facility provided by Bank Syariah Indonesia where the debtor (supplier) delegates to the
Financing Bank to collect receivables. The bank then collects the receivables from the debtor (buyer), or
other parties appointed by the debtor.
Bank Facilities provided by Bank Syariah Indonesia in the form of payment guarantees from the Bank
Guarantee provided to the beneficiary if the guaranteed party (applicant) cannot fulfill its obligations or
defaults.
FINANCING
Mandiri Syariah Placement of funds sourced from owners of tied investment funds managed by BSI as
Bonded collateral for financing provided to customers for a certain period of time based on a
Investment mudharabah muqayyadah agreement.
Investment Facilities provided by Bank Syariah Indonesia in the form of medium and long-term
Financing financing for the procurement of capital goods (expansion, establishment of new projects,
or refinancing).
Refinancing Financing facility to obtain fresh money funds on existing assets/objects of prospective
customers for needs:
•• Asset acquisition
•• Take over
•• Other investment needs
Multifinance Facilities provided by Bank Syariah Indonesia in the form of financing to multi finance with
channeling or executing patterns.
Sharia Demand Facilities provided by Bank Syariah Indonesia in the form of Short-Term Financing to finance
Deposits Financing seasonal working capital needs.
Agency, As a customer’s business grows, it is often required for more than one bank and/or
Syndication and Islamic financial institution to jointly meet the customer’s large financial needs. With our
Clubdeal professionals in the field of sharia syndication, customers will have the confidence to obtain
sharia financing facilities in big amounts and competitive margins/ rent/profit sharing
without having to deal with many other banks and/or sharia financial institutions but only
with Bank Syariah Indonesia, which will also help customers optimize the financing received.
Working Capital Medium and long-term financing facilities for the procurement of capital goods (expansion,
Financing establishment of new projects or refinancing).
SAVINGS
SBSN Demand Non-savings account deposits managed with mudharabah agreements are intended for
Deposits institutions that require maximum returns.
SDA DHE Deposit Savings account deposits are sourced from DHE SDA funds belonging to customers at the
Bank or other banks.
DHE SDA Demand Non-savings account deposits managed with mudharabah and wadiah agreements are
Deposits intended for exporters in the context of DHE SDA export trading activities.
Optima Demand Mudharabah demands deposits with special returns based on tiering.
Deposits
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
PRODUCTS AND SERVICES
DIGITAL BANKING
BSI Mobile Solutions for customers’ convenience in transactions, worship, and sharing through
various features in one application. BSI Mobile accompanies customers 24 hours a day,
and makes everything more balanced financially, spiritually, and socially.
Open an Online The online account opening service through BSI Mobile is a solution for customers who
Account want to open an account easily without having to come to the branch.
Gold Solutions Gold ownership services are available through BSI Mobile, with gold purchases starting at
Rp50,000. Customers can buy, sell, transfer, and withdraw physical gold and online gold
pawning easily and safely without the need to come to the branch.
BSI QRIS Transaction services by scanning QR codes that use Bank Indonesia’s QR Code Indonesia
Standard (QRIS).
A practical solution for customers to make cash withdrawals without a card. Through
BSI Cardless BSI Mobile, cardless cash withdrawals can be made at all Bank Syariah Indonesia ATMs,
Withdrawal including Indomaret and Alfamart.
BSI Debit Card The BSI Debit Card is an ATM card from Bank Syariah Indonesia that can be used for
transactions at ATMs and EDCs in the GPN and International (Visa) networks.
BSI Debit OTP BSI Debit OTP is a debit card-based transaction service that uses an OTP code as a PIN
for every transaction.
BSI ATM CRM BSI ATM CRM (Cash Recycle Machine) or ATM Setor Tarik is a type of ATM to serve cash
deposit transactions, cash withdrawals, interbank transfers, and payment or purchase
transactions for all Bank Syariah Indonesia Customers.
BSI Aisyah Aisyah is Bank Syariah Indonesia’s Interactive Assistant, who will help provide information
on the latest products, services, and promotions from Bank Syariah Indonesia.
BSI Net Business transactions are now easier through BSI Net services, anytime and anywhere.
Various transaction facilities, such as making bulk transfers and monitoring transactions,
can be done on BSI Net.
BSI Merchant Business EDC Bank Syariah Indonesia is a service provided by Bank Syariah Indonesia to customers
who have businesses to provide convenience for ATM Debit card payment transactions to
their customers.
The BSI API Platform is a portal that provides open banking services to facilitate the
BSI API Platform integration process between Bank Syariah Indonesia services and customer applications
BSI Smart Agent is BSI’s Laku Pandai Service (Office-less Financial Services in the
BSI Smart Agent Framework of Inclusive Finance) to provide banking services and/or other financial
services that are conducted not through an office network but through cooperation with
other parties supported by information technology facilities.
Payment Point transaction services at Bank Syariah Indonesia can be done by customers
BSI Payment Point at any Bank Syariah Indonesia outlet or at ATMs. Payments can be made through debit
accounts or cash.
Deposito Mobile Easy investment with deposits on BSI Mobile, anytime and anywhere, without the need
to visit a branch.
BSI Griya Hasanah Online Top-Up Financing is financing from Bank Syariah Indonesia
Griya Hasanah Online in the form of additional financing from Bank Syariah Indonesia’s existing financing for
Top Up Through BSI customers’ consumptive purposes. Griya Hasanah Online Top Up Financing uses a sharia
Mobile refinancing contract with al-bai’ scheme in the framework of Musyarakah Mutanaqishah
(MMQ).
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PRODUCTS AND SERVICES
CARDS
FINANCING CARDS
The BSI Hasanah Card Classic is a financing card based on Syariah principles that
functions like a credit card. It is issued by Bank Syariah Indonesia and can be used for
transactions at all EDC machines and ATMs bearing the Mastercard logo worldwide
(internationally).
BSI Hasanah Card BSI Hasanah Card Classic is made based on DSN Fatwa No. 54/DSN-MUI/X/2006
Classic concerning sharia cards and is based on 3 (three) sharia agreements, among others:
•• Kafalah
•• Qardh
•• Ijarah
The BSI Hasanah Card Classic limit ranges from Rp4 million to Rp6 million.
The BSI Hasanah Card Gold is a financing card based on Syariah principles that functions
like a credit card. It is issued by Bank Syariah Indonesia and can be used for transactions
at all EDC machines and ATMs bearing the Mastercard logo worldwide (internationally).
BSI Hasanah Card Gold is made based on DSN Fatwa No. 54/DSN-MUI/X/2006 concerning
BSI Hasanah Card Gold sharia cards and is based on 3 sharia agreements, among others:
•• Kafalah
•• Qardh
•• Ijarah
The BSI Hasanah Card Gold limit ranges from Rp8 million to Rp30 million.
The BSI Hasanah Card Platinum is a financing card based on syariah principles that
functions like a credit card. It is issued by Bank Syariah Indonesia and can be used for
transactions at all EDC machines and ATMs bearing the Mastercard logo worldwide
(internationally).
BSI Hasanah Card BSI Hasanah Card Platinum is made based on DSN Fatwa No. 54/DSN-MUI/X/2006
Platinum concerning sharia cards and is based on 3 (three) sharia contracts, among others:
•• Kafalah
•• Qardh
•• Ijarah
The BSI Hasanah Card Platinum limit ranges from Rp40 million to Rp900 million It also
provides access to free executive airport lounges at partner airports.
DEBIT CARDS
BSI Debit GPN The BSI Debit GPN is a debit/ATM card product issued by Bank Syariah Indonesia using the
National Payment Gateway (NPG) logo that can be used by customers in all EDC and ATM
machine networks throughout Indonesia.
BSI Debit OTP ATM debit card, where the PIN system uses a One-Time Password (OTP) registered through
mobile banking.
BSI Debit Visa BSI Debit Visa is a debit/ATM card product issued by Bank Syariah Indonesia using the Visa
Worldwide logo that can be used by customers in all EDC machine networks and ATMs
anywhere in the world (International).
BSI Debit Sabi Card BSI Debit SaBi is a debit/ATM card product issued by Bank Syariah Indonesia using the
National Payment Gateway (NPG) logo, which is a facility for child savings owners affiliated
with parents. The BSI Debit SaBi card supports financial literacy education for children
with special limitations to keep them safe in transactions.
BSI SimPel Debit Card BSI Debit SimPel is a debit/ATM card product issued by Bank Syariah Indonesia using the
National Payment Gateway (NPG) logo, which is a facility for Simpanan Pelajar Savings
account holders. The BSI Debit SimPel card has a special limit hence, students can transact
safely and easily. The card can be used by students in all EDC and ATM machine networks
throughout Indonesia (national).
Mabrur Debit Card The Mabrur Debit Card is a debit/ATM card issued by Bank Syariah Indonesia, specifically
designed for customers of the Indonesian Hajj Savings account. It provides convenience
for transactions while performing religious pilgrimages in the Holy Land.
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
OPERATIONAL AREA
Aceh
North Sumatra
Riau East Kalimantan
Riau Island West Kalimantan
Jambi
Wet Sumatera
Bengkulu Central Kalimantan
DKI Jakarta South Kalimantåan
South Sumatera
Central Java
Lampung Yogyakarta
Banten Bali
West Java
East Java
BSI Office Network Office Network by Region in 2025
Office Type 2021 2022 2023 2024 2025 Office Type
Regional Office 10 10 10 10 10 Region Priority
KCP Pawn
KC KCLN KCP KF Service
Mobile Services
Branch Office 272 153 153 153 153 Counter
Overseas Branch Office - - 1 1 1 Regional Office 1 16 - 122 1 7 2 77
Auxiliary Branch Office 985 959 886 886 896 Regional Office 2 15 - 78 7 5 2 59
Mobile KCP (dhi: MKK) - 60 60 60 60 Regional Office 3 16 - 85 8 2 2 74
Functional Office 34 96 91 91 81 Regional Office 4 15 - 120 10 9 8 86
Cash Office 74 - - - - Regional Office 5 15 - 89 2 8 6 64
Payment Point (PP) 179 - - - - Regional Office 6 12 - 71 6 0 3 65
Priority Service Regional Office 7 13 - 94 7 12 3 70
11 16 20 23 28
Counter Regional Office 8 20 - 127 10 23 2 129
Pawn Service 530 734 765 754 756 Regional Office 9 16 - 52 5 0 1 55
Automatic Teller Regional Office 2 77
2.618 2.548 2.571 5.425 6.000 15 - 58 4 15
Machine (ATM) 10
Notes: TOTAL 153 - 896 60 81 31 756
- PP in 2022 Reformat into KFO (cfm. PJOK No.16 Year 2022)
- KK in 2022 Reformat to KCP (cfm. POJK No.16 Year 2022
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OPERATIONAL AREA
Gorontalo
North Sulawesi
North Maluku
West Sulawesi
West Papua
Southeast Sulawesi
Central Sulawesi
Maluku
South Sulawesi
West Nusa Tenggara Papua
East Nusa Tenggara
Regional Office
Regional Office 1 Regional Office 2 Regional Office 3 Regional Office 4 Regional Office 5
South Sumatra, Central Jakarta, West Jakarta, South
Bengkulu, West Banten, DKI Jakarta, Jakarta, East Jakarta, Tangerang City,
North Sumatera,
Aceh Sumatra, Jambi, Bekasi City, Bekasi Tangerang Regency, South Tangerang
Riau Island, Riau
Bangka Belitung Regency City, Bogor City, Bogor Regency, Depok
Island, Lampung City, Bekasi City
Regional Office 6 Regional Office 7 Regional Office 8 Regional Office 9 Regional Office 10
West Jawa (exclude
West Kalimantan, Gorontalo, Maluku, North Maluku,
Bekasi City,
Central Java, East Java, Bali, West South Kalimantan, Papua, South Papua, Southwest Papua,
Bekasi Regency,
Yogyakarta Special Nusa Tenggara, East Central Kalimantan, West Sulawesi, South Sulawesi, Central
Bogor City, Bogor
Region Nusa Tenggara East Kalimantan, Sulawesi, Southeast Sulawesi, North
Regency, Depok
North Kalimantan Sulawesi
City)
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
NAME AND ADDRESS OF REGIONAL
OFFICE AND BRANCH OFFICE
REGIONAL OFFICE
Regional Office I Aceh Regional Office VI Bandung
Jl. Tgk. Moh. Daud Beureueh No. 15 H, Kel. Keuramat, Jl. Asia Afrika No.174,
Kec. Kuta Alam Kota Banda Aceh Kel. Paledang, Kec. Lengkong Kota Bandung
Telp: (021) 14040 Telp: (021) 14040
Fax: Fax:
Email: contactus@bankbsi.co.id Email: contactus@bankbsi.co.id
Web: www.bankbsi.co.id Web: www.bankbsi.co.id
Regional Office II Medan Regional Office VII Semarang
Jl. Kejaksaan No. 3B, Kel. Petisah Tengah, Jl. Pandanaran No.127,
Kec. Medan Petisah Kota Medan Kel. Mugassari, Kec. Semarang Selatan
Telp: (021) 14040 Kota Semarang
Fax: Telp: (021) 14040
Email: contactus@bankbsi.co.id Fax:
Web: www.bankbsi.co.id Email: contactus@bankbsi.co.id
Web : www.bankbsi.co.id
Regional Office III Palembang
Jl. Jend. Sudirman No.774, Kec. Ilir Timur I, Regional Office VIII Surabaya
Kota Palembang Jl. Basuki Rahmat No.17-19,
Telp: (021) 14040 Kel. Embong Kaliasin, Kec. Genteng
Fax: Kota Surabaya
Email: contactus@bankbsi.co.id Telp: (021) 14040
Web: www.bankbsi.co.id Fax:
Email: contactus@bankbsi.co.id
Regional Office IV Jakarta 1 Web: www.bankbsi.co.id
Wisma Mandiri 2, Jl. M.H. Thamrin No.5, RT.2/RW.1,
Kel. Kebon Sirih, Kec. Menteng Wil. Kota Jakarta Pusat Regional Office IX Kalimantan
Telp: (021) 14040 Jl. Lambung Mangkurat No. 16,
Fax: Kel. Kertak Baru, Kec. Banjarmasin
Email: contactus@bankbsi.co.id Kota Banjarmasin
Web : www.bankbsi.co.id Telp: (021) 14040
Fax:
Regional Office V Jakarta 2 Email: contactus@bankbsi.co.id
Jl. Sultan Hasanudin No.57 RT/RW 6/3, Kel. Melawai, Web: www.bankbsi.co.id
Kec. Kebayoran Baru Wil. Kota Jakarta Selatan
Telp: (021) 14040 Regional Office X Makassar
Fax: Jl. Dr. Ratulangi No. 79,
Email: contactus@bankbsi.co.id Kel. Labuang Baji, Kec. Mamajang Kota Makassar
Web: www.bankbsi.co.id Telp: (021) 14040
Fax:
Email: contactus@bankbsi.co.id
Web : www.bankbsi.co.id
BRANCH OFFICE
Branch Office No. Telp
No. Address Email and Web
Name and Fax
Banda Aceh Jl. Diponegoro No. 6, Kel. Kp. Baru, Email: contactus@bankbsi.co.id
1. Diponegoro Branch Kec. Baiturrahman (021) 14040 Web: www.bankbsi.co.id
Office Kota Banda Aceh
Banda Aceh Ahmad Jl. Ahmad Dahlan No. 111, Email: contactus@bankbsi.co.id
2. Dahlan Branch Kel. Merduati, Kec. Kuta Raja (021) 14040 Web: www.bankbsi.co.id
Office Kota Banda Aceh
Banda Aceh T. Email: contactus@bankbsi.co.id
Jl. T. Panglima Nyak Makam
Panglima Nyak Web: www.bankbsi.co.id
3. No. 100 A - 100 D, Kel. Desa Doy, (021) 14040
Makam Branch
Kec. Kuta Alam Kota Banda Aceh
Office
Sigli Merdeka Jalan Merdeka No.6, Kel. Blok Bengkel, Email: contactus@bankbsi.co.id
4. (021) 14040
Branch Office Kec. Kota Sigli Kab. Pidie Web: www.bankbsi.co.id
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NAME AND ADDRESS OF REGIONAL
OFFICE AND BRANCH OFFICE
Branch Office No. Telp
No. Address Email and Web
Name and Fax
Jl. Prof. A Majid Ibrahim No. 6, Email: contactus@bankbsi.co.id
Sigli Madjid Ibrahim
5. Kel. Blang Asan, Kec. Kota Sigli (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kab. Pidie
Jl. Muhammad Malikul Zahir No.135C, Email: contactus@bankbsi.co.id
Lhokseumawe Kota
6. Kel. Kuta Blang, Kec. Banda Sakti Kota (021) 14040 Web: www.bankbsi.co.id
Branch Office
Lhokseumawe
JL. Medan - Banda Aceh, Simpang IV, Email: contactus@bankbsi.co.id
Bireuen Simpang IV
7. Kel. Bireuen Meunasah Capa, (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kec. Kota Juang Kab. Bireuen
Jl. Medan-Banda Aceh, Email: contactus@bankbsi.co.id
Kuala Simpang
8. Kel. Gampong Bundar, (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kec. Karang Baru, Kab. Aceh Tamiang
Jl. Darussalam No.1, Kel. Gampong Email: contactus@bankbsi.co.id
Langsa Branch
9. Jawa, Kec. Langsa Kota, (021) 14040 Web: www.bankbsi.co.id
Office
Kota Langsa
Lhokseumawe Jl. Merdeka No.1, Kel. Kota Email: contactus@bankbsi.co.id
10. Merdeka Branch Lhokseumawe, Kec. Banda Sakti (021) 14040 Web: www.bankbsi.co.id
Office Kota Lhokseumawe
Jl. Yos Sudarso No.164, Takengon, Email: contactus@bankbsi.co.id
Takengon Branch
11. Kel. Kuteni Reje, Kec. Lut Tawar (021) 14040 Web: www.bankbsi.co.id
Office
Kab. Aceh Tengah
Jl. Imam Bonjol, Kel. Drien Rampak, Email: contactus@bankbsi.co.id
Meulaboh Branch
12. Kec. Johan Pahlawan (021) 14040 Web: www.bankbsi.co.id
Office
Kab. Aceh Barat
Pertokoan Suak Tungkul Kavling 1 Email: contactus@bankbsi.co.id
Simeulue Branch No. 5/6, Jl. Tgk. Diujung Sinabang, Web: www.bankbsi.co.id
13. (021) 14040
Office Kel. Amiria Bahagia,
Kec. Simeulue Timur Kab. Simeulue
Jl. Persada No. 99A, Kel. Keudee Siblah, Email: contactus@bankbsi.co.id
Blangpidie Branch
14. Kec. Blangpidie (021) 14040 Web: www.bankbsi.co.id
Office
Kab. Aceh Barat Daya
Jl. Iskandar Muda No.14, Email: contactus@bankbsi.co.id
Kutacane Branch
15. Kel. Perapat Hilir, Kec. Babussalam (021) 14040 Web: www.bankbsi.co.id
Office
Kab. Aceh Tenggara
Jl. Nyak Adam Kamil No. 42, Email: contactus@bankbsi.co.id
Tapaktuan Branch
16. Kel. Hulu, Kec. Tapaktuan (021) 14040 Web: www.bankbsi.co.id
Office
Kab. Aceh Selatan
Komplek Windsor Central Blok A Email: contactus@bankbsi.co.id
Batam Windsor
No. 3-4, Jl. Pembangunan, Web: www.bankbsi.co.id
17. Central Branch (021) 14040
Kel. Lubuk Baja Kota,
Office
Kec. Lubuk Baja Kota Batam
Jl. Basuki Rahmat No. 1-3, Kel. Tanjung Email: contactus@bankbsi.co.id
Tanjung Pinang
18. Ayun Sakti, Kec. Bukit Bestari (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Tanjungpinang
Jl. Kejaksaan No. 3B, Email: contactus@bankbsi.co.id
Medan Kejaksaan
19. Kel. Petisah Tengah, Kec. Medan (021) 14040 Web: www.bankbsi.co.id
Branch Office
Petisah Kota Medan
Jl. S. Parman No. 250 E/8, Email: contactus@bankbsi.co.id
Medan S Parman
20. Kel. Petisah Hulu, Kec. Medan Baru (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Medan
Jl. Gajah Mada No. 7, Kel. Petisah Hulu, Email: contactus@bankbsi.co.id
Medan Gajah Mada
21. Kec. Medan Baru (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Medan
Jl. Dr. Sutomo No.12A-12B, Email: contactus@bankbsi.co.id
Lubuk Pakam
22. Kel. Lubuk Pakam I - II, Kec. Lubuk (021) 14040 Web: www.bankbsi.co.id
Branch Office
Pakam Kab. Deli Serdang
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NAME AND ADDRESS OF REGIONAL
OFFICE AND BRANCH OFFICE
Branch Office No. Telp
No. Address Email and Web
Name and Fax
Jl. Soekarno Hatta, Kel. Timbang Email: contactus@bankbsi.co.id
23. Binjai Branch Office Langkat, Kec. Binjai Timur (021) 14040 Web: www.bankbsi.co.id
Kota Binjai
Pekanbaru Jl. Jend. Sudirman No. 450, Email: contactus@bankbsi.co.id
24. Sudirman 1 Branch Kel. Tanah Datar, Kec. Pekanbaru Kota, (021) 14040 Web: www.bankbsi.co.id
Office Kota Pekanbaru
Jl. Jenderal Sudirman No. 162, Email: contactus@bankbsi.co.id
Dumai Branch
25. Kel. Teluk Binjai, Kec. Dumai Timur, (021) 14040 Web: www.bankbsi.co.id
Office
Kota Dumai
Jl. Haji Imam Munandar No. 8, Email: contactus@bankbsi.co.id
Pekanbaru Harapan
26. Kel. Tangkerang Selatan, (021) 14040 Web: www.bankbsi.co.id
Raya Branch Office
Kec. Bukit Raya Kota Pekanbaru
Jl. Hangtuah, Kel. Batang Dui, Email: contactus@bankbsi.co.id
27. Duri Branch Office (021) 14040
Kec. Mandau Kab. Bengkalis Web: www.bankbsi.co.id
Pematangsiantar Jl. Perintis Kemerdekaan No. 1, Email: contactus@bankbsi.co.id
28. Perintis Branch Kel. Proklamasi, Kec. Siantar Barat (021) 14040 Web: www.bankbsi.co.id
Office Kota Pematangsiantar
Jl. S.M. Raja No. 88, Kel. Bakaran Batu, Email: contactus@bankbsi.co.id
Rantauprapat
29. Kec. Rantau Selatan (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kab. Labuhanbatu
Jl. Sudirman No. 130 A, Email: contactus@bankbsi.co.id
Padangsidempuan
30. Kel. Wek I, Kec. Padangsidimpuan (021) 14040 Web: www.bankbsi.co.id
Branch Office
Utara, Kota Padangsidimpuan
Jl. Sutoyo Siswomiharjo No. 22, Email: contactus@bankbsi.co.id
Sibolga Branch
31. Kel. Huta Tonga Tonga, (021) 14040 Web: www.bankbsi.co.id
Office
Kec. Sibolga Utara Kota Sibolga
Jl. Diponegoro No. 189, Email: contactus@bankbsi.co.id
Bandar Lampung
Kel. Gotong Royong, Web: www.bankbsi.co.id
32. Diponegoro Branch (021) 14040
Kec. Tanjung Karang Pusat
Office
Kota Bandar Lampung
Komp. Pertokoan Central Niaga Email: contactus@bankbsi.co.id
Bandar Jaya No. 1-3, Web: www.bankbsi.co.id
Bandar Jaya Branch
33. Jl. Proklamator Raya, Kel. Yukum Jaya, (021) 14040
Office
Kec. Terbanggi Besar
Kab. Lampung Tengah
Jalan Ahmad Yani No. 9, Email: contactus@bankbsi.co.id
Metro A Yani Branch
34. Kel. Imopuro, Kec. Metro Pusat (021) 14040 Web: www.bankbsi.co.id
Office
Kota Metro
Bengkulu S Parman Jl. S. Parman No. 15, Kel. Padang Jati, Email: contactus@bankbsi.co.id
35. (021) 14040
1 Branch Office Kec. Ratu Samban Kota Bengkulu Web: www.bankbsi.co.id
JI. Adam Malik RT/RW 023/08, Email: contactus@bankbsi.co.id
Bengkulu Adam
36. Kel. Cempaka Permai, Kec. Gading (021) 14040 Web: www.bankbsi.co.id
Malik Branch Office
Cempaka Kota Bengkulu
Jl. Yos Sudarso No. 12 RT 05, Email: contactus@bankbsi.co.id
Lubuk Linggau Kel. Taba Jemekeh, Web: www.bankbsi.co.id
37. (021) 14040
Branch Office Kec. Lubuk Linggau Timur II
Kota Lubuk Linggau
Jambi Gatot Jl. Jend. Gatot Subroto No. 127 A-B, Email: contactus@bankbsi.co.id
38. Subroto Branch Kel. Sungai Asam, (021) 14040 Web: www.bankbsi.co.id
Office Kec. Pasar Jambi Kota Jambi
Jl. Kapt. Pattimura No. 29-30 RT 21, Email: contactus@bankbsi.co.id
Jambi Pattimura
39. Kel. Kenali Besar, Kec. Kota Baru (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Jambi
Padang Imam Jl. Imam Bonjol No.17, Kel. Belakang Email: contactus@bankbsi.co.id
40. Bonjol Branch Pondok, Kec. Padang Selatan (021) 14040 Web: www.bankbsi.co.id
Office Kota Padang
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
NAME AND ADDRESS OF REGIONAL
OFFICE AND BRANCH OFFICE
Branch Office No. Telp
No. Address Email and Web
Name and Fax
Jl. Perintis Kemerdakaan No. 4-5, Email: contactus@bankbsi.co.id
Bukittinggi Branch
41. Kel. Aur Tajungkang Tengah, (021) 14040 Web: www.bankbsi.co.id
Office
Kec. Guguk Panjang Kota Bukittinggi
Jl. Belakang Olo No. 45, Email: contactus@bankbsi.co.id
Padang Belakang
42. Kel. Kamp Jao, Kec. Padang Barat (021) 14040 Web: www.bankbsi.co.id
Olo Branch Office
Kota Padang
Palembang Jl. Demang Lebar Daun No. 2311, Email: contactus@bankbsi.co.id
43. Demang Branch Kel. Demang Lebar Daun, (021) 14040 Web: www.bankbsi.co.id
Office Kec. Ilir Barat I Kota Palembang
Jl. Masjid Jamik No. 123, Email: contactus@bankbsi.co.id
Pangkal Pinang
44. Kel. Masjid Jamik, Kec. Rangkui (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Pangkalpinang
JL. Jend. Sudirman No. 7-8 Email: contactus@bankbsi.co.id
Prabumulih
RT 01/10, Kel. Muara Dua, Web: www.bankbsi.co.id
45. Sudirman 1 Branch (021) 14040
Kec. Prabumulih Timur
Office
Kota Prabumulih
Palembang Jl. Jendral Sudirman KM 3,5, Email: contactus@bankbsi.co.id
46. Sudirman Branch Kel. 20 Ilir, Kec. Ilir Timur I (021) 14040 Web: www.bankbsi.co.id
Office Kota Palembang
Baturaja Rahman Jl. Let. R Hamidi No. 30 A-B RT 03 RW Email: contactus@bankbsi.co.id
47. Hamidi Branch 01, Kel. Kemalaraja, Kec. Baturaja Timur (021) 14040 Web: www.bankbsi.co.id
Office Kab. Ogan Komering Ulu
Komplek Ruko Summarecon Bekasi, Email: contactus@bankbsi.co.id
Bekasi Rukan Sapphire Commercial Web: www.bankbsi.co.id
48. Summarecon Blok SF 11 12, Jl. Bulevar Selatan, (021) 14040
Branch Office Kel. Marga Mulya, Kec. Bekasi Utara
Kota Bekasi
Ruko Cikarang Central City, Blok G Email: contactus@bankbsi.co.id
Bekasi Cikarang
49. No. 1-2, Kel. Ciantra, Kec. Cikarang (021) 14040 Web: www.bankbsi.co.id
Branch Office
Selatan, Kab. Bekasi
Paviliun BSI Jakarta Barat, Email: contactus@bankbsi.co.id
Gedung Mayora Lt. 1 - 3 Jl. Tomang Web: www.bankbsi.co.id
West Jakarta
50. Raya No. 21 - 31, Kel. Tomang, (021) 14040
Branch Office
Kec. Grogol Petamburan,
Kota Jakarta Barat
Jl. HOS Cokroaminoto No. 69, Email: contactus@bankbsi.co.id
Tangerang Ciledug
51. Kel. Sudimara Jaya, Kec. Ciledug Kota (021) 14040 Web: www.bankbsi.co.id
Branch Office
Tangerang
Komplek Graha Bulevar Blok KGC Email: contactus@bankbsi.co.id
Jakarta Kelapa No. A-02 dan A-03, Jl. Boulevard Kelapa Web: www.bankbsi.co.id
52. Gading 1 Branch Gading, Kel. Kelapa Gading Timur, Kec. (021) 14040
Office Kelapa Gading
Wil. Kota Jakarta Utara
Jakarta Tanjung Jl. Enggano No. 42B - 42, Email: contactus@bankbsi.co.id
53. Priok 1 Branch Kel. Tanjung Priok, Kec. Tanjung Priok (021) 14040 Web: www.bankbsi.co.id
Office Wil. Kota Jakarta Utara
Komplek Graha Mas Pemuda, Blok AB1 Email: contactus@bankbsi.co.id
Jakarta Pemuda dan AB2 Jl. Pemuda, Rawamangun, Web: www.bankbsi.co.id
54. (021) 14040
Branch Office Kel. Jati, Kec. Pulo Gadung Wil. Kota
Jakarta Timur
Ruko Komplek Billy & Moon Blok E Email: contactus@bankbsi.co.id
Jakarta Pondok
No. 5A-5B, Jl. Raya Kalimalang, Web: www.bankbsi.co.id
55. Kelapa Branch (021) 14040
Kel. Pondok Kelapa, Kec. Duren Sawit
Office
Wil. Kota Jakarta Timur
Perkantoran Mitra Matraman Blok A1 Email: contactus@bankbsi.co.id
Jakarta Jatinegara No. 8-9, Jl. Matraman Raya No. 148, Web: www.bankbsi.co.id
56. (021) 14040
Branch Office Kel. Kebon Manggis, Kec. Matraman
Wil. Kota Jakarta Timur
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
NAME AND ADDRESS OF REGIONAL
OFFICE AND BRANCH OFFICE
Branch Office No. Telp
No. Address Email and Web
Name and Fax
Jl. M. H. Thamrin No. 5, Email: contactus@bankbsi.co.id
Jakarta Thamrin
57. Kel. Kebon Sirih, Kec. Menteng (021) 14040 Web: www.bankbsi.co.id
Branch Office
Wil. Kota Jakarta Pusat
Jl. Bendungan Hilir Raya Email: contactus@bankbsi.co.id
Jakarta Bendungan No. 84 A - B, Kel. Bendungan Hilir, Web: www.bankbsi.co.id
58. (021) 14040
Hilir Branch Office Kec. Tanah Abang Wil.
Kota Jakarta Pusat
Gedung The Tower, Jalan Gatot Email: contactus@bankbsi.co.id
Jakarta The Tower Subroto No.27 Kav.12, Kel. Karet Web: www.bankbsi.co.id
59. (021) 14040
Branch Office Semanggi, Kec. Setiabudi
Wil. Kota Jakarta Selatan
Tangerang Hasyim Jl. KH. Hasyim Ashari 8 A-C, Email: contactus@bankbsi.co.id
60. Ashari Branch Kel. Buaran Indah, Kec. Cipondoh (021) 14040 Web: www.bankbsi.co.id
Office Kota Tangerang
Jl. Sultan Ageng Tirtayasa Email: contactus@bankbsi.co.id
Cilegon Tirtayasa 1
61. No. 115 A, Kel. Jombang Wetan, (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kec. Jombang Kota Cilegon
Jl. Ahmad Yani No. 175 C-D, Email: contactus@bankbsi.co.id
Serang Branch
62. Kel. Sumur Pecung, Kec. Serang (021) 14040 Web: www.bankbsi.co.id
Office
Kota Serang
Paviliun BSI Bogor Jl. Pajajaran No. 23, Email: contactus@bankbsi.co.id
Bogor Pajajaran
63. Kel. Babakan, Kec. Bogor Tengah (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Bogor
Ruko Graha Cibinong Blok D Email: contactus@bankbsi.co.id
Bogor Cibinong No. 2, Jl. Raya Bogor KM 43, Web: www.bankbsi.co.id
64. (021) 14040
Branch Office Kel. Cirimekar, Kec. Cibinong
Kab. Bogor
Bogor Pajajaran Jl. Pajajaran Raya No. 63, Email: contactus@bankbsi.co.id
65. Bantarjati Branch Kel.Bantarjati, Kec. Bogor Utara (021) 14040 Web: www.bankbsi.co.id
Office Kota Bogor
Depok Margonda 2 Jl. Margonda Raya No. 209, Kel. Email: contactus@bankbsi.co.id
66. (021) 14040
Branch Office Kemirimuka, Kec. Beji Kota Depok Web: www.bankbsi.co.id
Ruko Depok Mas Blok A1-2, Email: contactus@bankbsi.co.id
Depok Margonda 1 Jl. Margonda Raya No. 42, Web: www.bankbsi.co.id
67. (021) 14040
Branch Office Kel. Pancoran Mas, Kec. Pancoran Mas
Kota Depok
Jakarta Cibubur Ruko Citra Gran Blok R-2 No. 8-9, Email: contactus@bankbsi.co.id
68. Citra Gran Branch Kel. Jatikarya, Kec. Jatisampurna (021) 14040 Web: www.bankbsi.co.id
Office Kota Bekasi
Jl. RS Fatmawati No. 12, Kel. Gandaria Email: contactus@bankbsi.co.id
Jakarta Fatmawati 2
69. Utara, Kec. Kebayoran Baru (021) 14040 Web: www.bankbsi.co.id
Branch Office
Wil. Kota Jakarta Selatan
Jl. S. Hasanudin No. 57, Email: contactus@bankbsi.co.id
Jakarta Hasanudin
70. Kel. Melawai, Kec. Kebayoran Baru (021) 14040 Web: www.bankbsi.co.id
Branch Office
Wil. Kota Jakarta Selatan
Jl. Kyai Maja Blok D/1 Persil Email: contactus@bankbsi.co.id
Jakarta Mayestik No. 6-6A, Kel. Kramat Pela, Web: www.bankbsi.co.id
71. (021) 14040
Branch Office Kec. Kebayoran Baru
Wil. Kota Jakarta Selatan
Komplek Ruko Pondok lndah Plaza Email: contactus@bankbsi.co.id
Jakarta Pondok 1 Kav. II, Blok UA No. 6, Kel. Pondok Web: www.bankbsi.co.id
72. (021) 14040
Indah Branch Office Pinang, Kec. Kebayoran Lama
Wil. Kota Jakarta Selatan
Jl. Ir. H. Juanda No. 111, RT 006/001, Email: contactus@bankbsi.co.id
Tangerang Ciputat
73. Kel. Pisangan, Kec. Ciputat Timur (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Tangerang Selatan
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
NAME AND ADDRESS OF REGIONAL
OFFICE AND BRANCH OFFICE
Branch Office No. Telp
No. Address Email and Web
Name and Fax
Jalan Saharjo No.204A RT. 04/05, Email: contactus@bankbsi.co.id
Jakarta Saharjo
74. Kel. Menteng Dalam, Kec. Tebet Wil. (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Jakarta Selatan
Jl. Raya Pasar Minggu No. 75, Email: contactus@bankbsi.co.id
Jakarta Kalibata
75. Kel. Kalibata, Kec. Pancoran (021) 14040 Web: www.bankbsi.co.id
Branch Office
Wil. Kota Jakarta Selatan
Bintaro Trade Center, Email: contactus@bankbsi.co.id
Jl. Jend. Sudirman Blok A1 Web: www.bankbsi.co.id
Tangerang Bintaro
76. No. 7 - 8, Bintaro Sektor 7, (021) 14040
Branch Office
Kel. Pondok Aren, Kec. Pondok Aren
Kota Tangerang Selatan
Jl. Pahlawan Seribu ITC BSD Email: contactus@bankbsi.co.id
Tangerang Bsd Itc
77. No. 21-23A, Kel. Lengkong Wetan, (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kec. Serpong Kota Tangerang Selatan
Bandung Juanda Jl. Ir. H. Juanda No. 24, Kel. Citarum, Email: contactus@bankbsi.co.id
78. (021) 14040
Branch Office Kec. Bandung Wetan Kota Bandung Web: www.bankbsi.co.id
Jl. Ciledug No. 148-149, Kel. Kota Kulon, Email: contactus@bankbsi.co.id
79. Garut Branch Office (021) 14040
Kec. Garut Kota, Kab. Garut Web: www.bankbsi.co.id
Jalan Asia Afrika No. 174 RT 009 RW Email: contactus@bankbsi.co.id
Bandung Asia Afrika
80. 004, Kel. Paledang, Kec. Lengkong (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Bandung
Bandung Suniaraja Jl. Suniaraja No.82, Kel. Braga, Email: contactus@bankbsi.co.id
81. (021) 14040
Branch Office Kec. Sumur Bandung Kota Bandung Web: www.bankbsi.co.id
Sukabumi A Yani Jl. A. Yani no. 29, Kel. Gunung Parang, Email: contactus@bankbsi.co.id
82. (021) 14040
Branch Office Kec. Cikole Kota Sukabumi Web: www.bankbsi.co.id
Jl. Panatayuda I No 68, Email: contactus@bankbsi.co.id
Karawang Branch
83. Kel. Karawang Kulon, (021) 14040 Web: www.bankbsi.co.id
Office
Kec. Karawang Barat, Kab. Karawang
Bandung R.E. Jl. L. L. R.E. Martadinata No. 158, Email: contactus@bankbsi.co.id
84. Martadinata Branch Kel. Kacapiring, Kec. Batunuggal (021) 14040 Web: www.bankbsi.co.id
Office Kota Bandung
Purwakarta Re Jl. R.E Martadinata No. 5, RT 25 RW 05, Email: contactus@bankbsi.co.id
85. Martadinata Branch Kel. Nagri Tengah, (021) 14040 Web: www.bankbsi.co.id
Office Kec. Purwakarta Kab. Purwakarta
Jl. Jend. Amir Machmud No. 118, Email: contactus@bankbsi.co.id
Cimahi Branch
86. Kel. Cibabat, Kec. Cimahi Utara (021) 14040 Web: www.bankbsi.co.id
Office
Kota Cimahi
Cianjur Siliwangi Jl. Siliwangi No. 6, Kel. Pamoyanan, Email: contactus@bankbsi.co.id
87. (021) 14040
Branch Office Kec. Cianjur Kab. Cianjur Web: www.bankbsi.co.id
Jl. Dr. Cipto Mangunkusumo No. 79, Email: contactus@bankbsi.co.id
Cirebon Dr Cipto
88. Kel. Pekiringan, Kec. Kesambi (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Cirebon
Gedung BSI Tasikmalaya Jl. Otto Email: contactus@bankbsi.co.id
Tasikmalaya Branch
89. Iskandar Dinata, Kel. Empangsari, (021) 14040 Web: www.bankbsi.co.id
Office
Kec. Tawang Kota Tasikmalaya
Purwokerto Jl. Jend. Sudirman No. 433, Email: contactus@bankbsi.co.id
90. Sudirman 1 Branch Kel. Kranji, Kec. Purwokerto Timur (021) 14040 Web: www.bankbsi.co.id
Office Kab. Banyumas
Cilacap A Yani Jl. A. Yani No. 97, Kel. Tambakreja, Email: contactus@bankbsi.co.id
91. (021) 14040
Branch Office Kec. Cilacap Selatan Kab. Cilacap Web: www.bankbsi.co.id
Jl. Jend. Ahmad Yani No.172-174, Email: contactus@bankbsi.co.id
Semarang A Yani
92. Kel. Karang Kidul, Kec. Semarang (021) 14040 Web: www.bankbsi.co.id
Branch Office
Tengah Kota Semarang
Semarang Jl. Pandanaran No. 90, Kel. Pekunden, Email: contactus@bankbsi.co.id
93. Pandanaran Branch Kec. Semarang Tengah Kota (021) 14040 Web: www.bankbsi.co.id
Office Semarang
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
NAME AND ADDRESS OF REGIONAL
OFFICE AND BRANCH OFFICE
Branch Office No. Telp
No. Address Email and Web
Name and Fax
Ruko Ahmad Yani No. 9, Email: contactus@bankbsi.co.id
Kudus A Yani 1
94. Jl. Ahmad Yani, Kel. Gondang Manis, (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kec. Kota Kudus Kab. Kudus
Pati Sudirman Jl. P. Sudirman No. 207, Plaza Pati Blok Email: contactus@bankbsi.co.id
95. (021) 14040
Branch Office A1-A2, Kel. Pati Lor , Kec. Pati Kab. Pati Web: www.bankbsi.co.id
Jl. Diponegoro Ruko Salatiga Square Email: contactus@bankbsi.co.id
Salatiga Branch
96. No. 77-A6 dan 77-A7, Kel. Sidorejo Lor, (021) 14040 Web: www.bankbsi.co.id
Office
Kec. Sidorejo Kota Salatiga
Jl. KH. Mansyur No.4, Email: contactus@bankbsi.co.id
Tegal Kh Mansyur
97. Kel. Mangkukusuman, (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kec. Tegal Timur Kota Tegal
Jl. Raya Soekarno Hatta No. 325, Email: contactus@bankbsi.co.id
Kendal Soetta
98. Kel. Bugangin, Kec. Kendal Kab. (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kendal
Pekalongan Masjid Syuhada, Jl. Pemuda No.52-54, Email: contactus@bankbsi.co.id
99. Pemuda Branch Kel. Panjangwetan, Kec. Pekalongan (021) 14040 Web: www.bankbsi.co.id
Office Barat Kota Pekalongan
Jl. Slamet Riyadi No. 294, Email: contactus@bankbsi.co.id
Solo Slamet Riyadi 1
100. Kel. Sriwedari, Kec. Laweyan (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Surakarta
Jl. Slamet Riyadi No. 318, Email: contactus@bankbsi.co.id
Solo Slamet Riyadi 2
101. Kel. Sriwedari, Kec. Laweyan (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Surakarta
Yogyakarta Jl. Jend. Sudirman No. 42, Email: contactus@bankbsi.co.id
102. Sudirman Branch Kel. Kotabaru, Kec. Gondokusuman (021) 14040 Web: www.bankbsi.co.id
Office Kota Yogyakarta
Mataram Hasanudin Jl. Hasanudin No. 40, Kel. Mayura, Email: contactus@bankbsi.co.id
103. (021) 14040
Branch Office Kec. Cakranegara Kota Mataram Web: www.bankbsi.co.id
Jl. Mohammad Hatta No.56, Email: contactus@bankbsi.co.id
Kupang Branch
104. Kel. Fontein, Kec. Oebobo (021) 14040 Web: www.bankbsi.co.id
Office
Kota Kupang
Jl. Gajah Mada No. 9 RT/RW 014/005, Email: contactus@bankbsi.co.id
Bima Gajah Mada
105. Kel. Monggonao, Kec. Mpunda (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Bima
Jl. Raya Puputan No.114, Email: contactus@bankbsi.co.id
Denpasar Branch
106. Kel. Sumerta Kelod, (021) 14040 Web: www.bankbsi.co.id
Office
Kec. Denpasar Timur Kota Denpasar
Jl. P. B. Sudirman No. 41-43, Email: contactus@bankbsi.co.id
Jember Sudirman
107. Kel. Jember Lor, Kec. Patrang (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kab. Jember
Banyuwangi Basuki Jl. Basuki Rakhmat No. 30, Email: contactus@bankbsi.co.id
108. Rahmat Branch Kel. Singotrunan, Kec. Banyuwangi (021) 14040 Web: www.bankbsi.co.id
Office Kab. Banyuwangi
Ruko Hassanuddin Business Center Email: contactus@bankbsi.co.id
Kediri Hassanudin
109. Jl. Hasanuddin No. 21 Kel. Dandangan, (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kec. Kota Kota Kediri
Madiun Agus Salim JL. Agus Salim No. 120, Kel. Pandean, Email: contactus@bankbsi.co.id
110. (021) 14040
Branch Office Kec. Taman Kota Madiun Web: www.bankbsi.co.id
Jl. Cokroaminoto No. 10 RT.01 RW. 02, Email: contactus@bankbsi.co.id
111. Blitar Branch Office Kel. Kepanjen Lor, Kec. Kepanjen Kidul (021) 14040 Web: www.bankbsi.co.id
Kota Blitar
Jl. Jaksa Agung Suprapto No. 48, Email: contactus@bankbsi.co.id
Malang Suprapto
112. Kel. Rampalcelaket, Kec. Klojen (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Malang
Jl. Jend. Sudirman No.77, Email: contactus@bankbsi.co.id
Pasuruan Sudirman
113. Kel. Purworejo, Kec. Purworejo (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Pasuruan
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
NAME AND ADDRESS OF REGIONAL
OFFICE AND BRANCH OFFICE
Branch Office No. Telp
No. Address Email and Web
Name and Fax
Surabaya Darmo Jl. Raya Darmo No. 15, Kel. Tegalsari, Email: contactus@bankbsi.co.id
114. (021) 14040
Branch Office Kec. Keputran Kota Surabaya Web: www.bankbsi.co.id
Komplek Ruko Sentral Jenggolo A3, Email: contactus@bankbsi.co.id
Sidoarjo Jenggolo
115. Jl. Jenggolo No. 9, Kel. Celep, Kec. (021) 14040 Web: www.bankbsi.co.id
Branch Office
Sidoarjo Kab. Sidoarjo
Surabaya Basuki Jl. Basuki Rachmat No. 17-19, Email: contactus@bankbsi.co.id
116. Rahmat Branch Kel. Embong Kaliasin, Kec. Genteng (021) 14040 Web: www.bankbsi.co.id
Office Kota Surabaya
Surabaya Jl. Dharmawangsa No. 115 A, Email: contactus@bankbsi.co.id
117. Dharmawangsa Kel. Kertajaya, Kec. Gubeng Kota (021) 14040 Web: www.bankbsi.co.id
Branch Office Surabaya
Ruko Bani Ressidence A&B Jl. Jokotole Email: contactus@bankbsi.co.id
Pamekasan Branch
118. Lombang, Kel. Barurambat Timur, (021) 14040 Web: www.bankbsi.co.id
Office
Kec. Pademawu Kab. Pamekasan
Gresik Kartini JL. RA. Kartini No. 180, Kel. Sidomoro, Email: contactus@bankbsi.co.id
119. (021) 14040
Branch Office Kec. Kebomas Kab. Gresik Web: www.bankbsi.co.id
Jl. Panglima Sudirman No. 99A, Email: contactus@bankbsi.co.id
Bojonegoro Branch
120. Kel. Klangon, Kec. Bojonegoro (021) 14040 Web: www.bankbsi.co.id
Office
Kab. Bojonegoro
Surabaya Jemur Jl. Jemur Handayani No. 3, Kel. Jemur Email: contactus@bankbsi.co.id
121. Handayani Branch Wonosari, Kec. Wonocolo (021) 14040 Web: www.bankbsi.co.id
Office Kota Surabaya
Ruko Cempaka Mas Blok A/9, Email: contactus@bankbsi.co.id
Jombang Branch Jl. Soekarno-Hatta No. 1, Web: www.bankbsi.co.id
122. (021) 14040
Office Kel. Desa Kepuh Kembeng,
Kec. Peterongan Kab. Jombang
Balikpapan Jl. Jend. Sudirman No. 330, Email: contactus@bankbsi.co.id
123. Sudirman 1 Branch Kel. Klandasan Ilir, Kec. Balikpapan (021) 14040 Web: www.bankbsi.co.id
Office Kota Kota Balikpapan
Samarinda Antasari Jl. Antasari No. 33 RT 02, Kel. Air Putih, Email: contactus@bankbsi.co.id
124. (021) 14040
Branch Office Kec. Samarinda Ulu Kota Samarinda Web: www.bankbsi.co.id
Jl. KH. Akhmad Muksin RT. 01, Email: contactus@bankbsi.co.id
Kutai Kartanegara
125. Kel. Melayu, Kec. Tenggarong (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kab. Kutai Kartanegara
Bontang Branch Jl. MT. Haryono No. 53, Kel. Gn. Elai, Email: contactus@bankbsi.co.id
126. (021) 14040
Office Kec. Bontang Utara Kota Bontang Web: www.bankbsi.co.id
Jl. Mulawarman, Kel. Karang Anyar Email: contactus@bankbsi.co.id
Tarakan Branch
127. Pantai, Kec. Tarakan Barat (021) 14040 Web: www.bankbsi.co.id
Office
Kota Tarakan
Banjarmasin Email: contactus@bankbsi.co.id
Jl. Lambung Mangkurat No. 16,
Lambung Web: www.bankbsi.co.id
128. Kel. Kertak Baru Ulu, Kec. Banjarmasin (021) 14040
Mangkurat Branch
Tengah Kota Banjarmasin
Office
Martapura Branch Jl. A. Yani No. 20 Km. 37,4, Kel. Sungai Email: contactus@bankbsi.co.id
129. (021) 14040
Office Paring, Kec. Martapura Kab. Banjar Web: www.bankbsi.co.id
Jl. Sukma Arianingrat No. 14, Email: contactus@bankbsi.co.id
Pangkalan Bun
130. Kel. Baru, Kec. Arut Selatan (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kab. Kotawaringin Barat
Jl. Ir. Pangeran Haji Muhammad Noor Email: contactus@bankbsi.co.id
Tanjung Branch
131. No. 12, Kel. Pembataan, Kec. Murung (021) 14040 Web: www.bankbsi.co.id
Office
Pudak Kab. Tabalong
Jl. M. T. Haryono No. 6, Kel. Mentawa Email: contactus@bankbsi.co.id
Sampit Branch
132. Baru Hulu, Kec. Mentawa Baru (021) 14040 Web: www.bankbsi.co.id
Office
Ketapang Kab. Kotawaringin Timur
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
NAME AND ADDRESS OF REGIONAL
OFFICE AND BRANCH OFFICE
Branch Office No. Telp
No. Address Email and Web
Name and Fax
Palangkaraya Email: contactus@bankbsi.co.id
Jl. Diponegoro No.10, Kel. Langkai,
133. Diponegoro Branch (021) 14040 Web: www.bankbsi.co.id
Kec. Pahandut Kota Palangka Raya
Office
Jl. A. Yani Km 35,5 , Kel. Kelurahan Email: contactus@bankbsi.co.id
Banjarbaru Branch
134. Komet, Kec. Banjarbaru Utara (021) 14040 Web: www.bankbsi.co.id
Office
Kota Banjarbaru
Pontianak Jl. Sultan Abdurrachman No. 23, Email: contactus@bankbsi.co.id
135. Abdurrachman Kel. Pontianak, Kec. Pontianak (021) 14040 Web: www.bankbsi.co.id
Branch Office Kota Kota Pontianak
Ketapang Branch Jl. R. Soeprapto No. 88, Kel. Sampit, Email: contactus@bankbsi.co.id
136. (021) 14040
Office Kec. Delta Pawan Kab. Ketapang Web: www.bankbsi.co.id
Sambas Branch Jl. Gusti Hamzah No. 41, Kel. Desa Email: contactus@bankbsi.co.id
137. (021) 14040
Office Durian, Kec. Sambas Kab. Sambas Web: www.bankbsi.co.id
Jl. Alianyang No. 16 C-D, Kel. Melayu, Email: contactus@bankbsi.co.id
Singkawang Branch
138. Kec. Singkawang Barat (021) 14040 Web: www.bankbsi.co.id
Office
Kota Singkawang
Makassar 1 Branch Jl. Dr. Ratulangi No.79, Kel. Labuang Email: contactus@bankbsi.co.id
139. (021) 14040
Office Baji, Kec. Mamajang Kota Makassar Web: www.bankbsi.co.id
Mamuju Branch Jl. Urip Sumoharjo No. 44, Kel. Karema, Email: contactus@bankbsi.co.id
140. (021) 14040
Office Kec. Mamuju Kab. Mamuju Web: www.bankbsi.co.id
Jl. Jend. Ahmad Yani No. 48, Email: contactus@bankbsi.co.id
141. Bone Branch Office Kel. Macanang, Kec. Tanete Riattang (021) 14040 Web: www.bankbsi.co.id
Barat Kab. Bone
Makassar 2 Branch Jl. Dr. Sam Ratulangi No. 140, Email: contactus@bankbsi.co.id
142. (021) 14040
Office Kel. Mario, Kec. Mariso Kota Makassar Web: www.bankbsi.co.id
Jl. Andi Jemma No.150, Email: contactus@bankbsi.co.id
Palopo Branch
143. Kel. Tompotikka, Kec. Wara (021) 14040 Web: www.bankbsi.co.id
Office
Kota Palopo
Jl. Andi Makkasau No. 38, Email: contactus@bankbsi.co.id
Parepare Branch
144. Kel. Kp. Pisang Kec. Soreang (021) 14040 Web: www.bankbsi.co.id
Office
Kota Parepare
Komplek Perniagaan Kelapa Dua - Email: contactus@bankbsi.co.id
Jayapura Branch Entrop Jl. Raya Kelapa Dua No. 1-2, Web: www.bankbsi.co.id
145. (021) 14040
Office Kel. Entrop, Kec. Jayapura Selatan Kota
Jayapura
Ruko Jatiland Business Center Email: contactus@bankbsi.co.id
Ternate Jatiland
146. No. 19-20, Kel. Gamalama, Kec. Ternate (021) 14040 Web: www.bankbsi.co.id
Branch Office
Tengah Kota Ternate
Sorong Branch Jl. Basuki Rahmat KM 8, Kel. Remu Sel, Email: contactus@bankbsi.co.id
147. (021) 14040
Office Kec. Sorong Utara Kota Sorong Web: www.bankbsi.co.id
Ambon Branch Jl. Pala No. 2, Kel. Uritetu, Email: contactus@bankbsi.co.id
148. (021) 14040
Office Kec. Sirimau, Kota Ambon Web: www.bankbsi.co.id
Jl. Tendean (Boulevard) Ruko Mantos Email: contactus@bankbsi.co.id
Manado Mantos
149. No.11-12, Kel. Sario Utara, (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kec. Sario Kota Manado
Palu Gajah Mada Jl. Gajah Mada No. 77, Kel. Ujuna, Email: contactus@bankbsi.co.id
150. (021) 14040
Branch Office Kec. Palu Barat Kota Palu Web: www.bankbsi.co.id
Jl. Ahmad Yani No. 127, Kel. Heledulaa Email: contactus@bankbsi.co.id
Gorontalo Branch
151. Selatan, Kec. Kota Timur (021) 14040 Web: www.bankbsi.co.id
Office
Kota Gorontalo
Luwuk Branch Jl. Urip Sumoharjo No. 18C dan 18D, Email: contactus@bankbsi.co.id
152. (021) 14040
Office Kel. Karaton, Kec. Luwuk Kab. Banggai Web: www.bankbsi.co.id
Jl. Abdullah Silondae No. 137, Email: contactus@bankbsi.co.id
Kendari A Silondae 1
153. Kel. Korumba, Kec. Mandonga (021) 14040 Web: www.bankbsi.co.id
Branch Office
Kota Kendari
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
LIST OF ASSOCIATION MEMBERSHIP
No. Association Position Scale
1. Perhimpunan Bank Nasional (Perbanas) Member National
2. Pekumpulan Bank Syariah Indonesia (Asbisindo) General Chairman National
3. Islamic Financial Services Board (IFSB) Member International
Lembaga Alternatif Penyelesaian Sengketa di Sektor Jasa
4. Member National
Keuangan (LAPS SJK)
Forum Komunikasi Direktur Kepatuhan Perbankan
5. Member National
(FKDKP)
6. Asosiasi Sistem Pembayaran Indonesia (ASPI) Member National
Asosiasi Bank Agen Penjual Efek Reksa Dana Indonesia
7. Member National
(ABAPERDI)
8. Asosiasi Emiten Indonesia (AEI) Member National
9. Masyarakat Ekonomi Syariah (MES) Member National
10. Ikatan Bankir Indonesia (IBI) Member National
11. Ikatan Ahli Ekonomi Islam Indonesia (IAEI) Member National
12. Badan Musyawarah Perbankan Daerah (BMPD) Member National
13. Forum Komunikasi Industri Jasa Keuangan (FK IJK) Member National
14. Forum Human Capital Indonesia (FHCI) Member National
15. Indonesia Corporate Secretary Association (ICSA) Member National
Dewan Syariah Nasional - Majelis Ulama Indonesia (DSN –
16. Member National
MUI)
17. Asosiasi Kartu Kredit Indonesia (AKKI) Member National
Asosiasi Pasar Uang dan Pasar Valuta Asing Indonesia
18. Member National
(APUVINDO)
19. Kustodian Sentral Efek Indonesia (KSEI) Member National
20. Securities Investor Protection Fund (SIPF) Member Nasional
ANNUAL REPORT 2025
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
ORGANIZATIONAL STRUCTURE
Sharia Supervisory Board
Sharia Committee
General Meeting of
Shareholders
President Director
Sharia Supervisory Board Anggoro Eko Cahyo
Vice President Director
Bob Tyasika Ananta
Information Treasury & Wholesale Risk
Technology International Transaction Management
Muharto Hadi Banking Banking Grandhis Helmi
Suprapto Firman Nugraha Zaidan Novari Harumansyah
IT Development & Digital Risiko Retail &
Operations
Operations Banking Consumer Risk
Ana Nurul Saut Parulian Wholesale
Khayati M. Misbahul Munir Ali Firman Jatnika
Saragih
Environmental, Digital
Financing Banking & IT Strategic Digital Corporate IT & Fraud Risk SME & Micro
Social & Treasury Corporate
Operations E-Channel Planning Banking Business 1 Risk
Governance & Global Market Risk Bayu
Yan Retail Indra G (Pj) Agus Tomi
Rima Dwi Operations Ika Kartika Kemal Aditya Budiyono Hasdianto
Rasdiansyah Astri Yunfia Kampono
Permatasari Wijayanto Johan
International Corporate Enterprise Risk Consumer
Financing IT & Digital IT Strategic Digital & Financial Business 2 Commercial Management Risk
Center Development Planning Banking
Institution Risk (Pj) Agus Setiyo I Gusti Ngurah
Alhuda Dj Sandy Prasetya Andri Purnomo Wholesale (Alt) Silmi Akbar
Ir Anna Kristanty Diar Fitrada Budi Bramantya
Hadi Cera Wirastuti Ghania P.
Ardana
Transaction Wholesale
IT Application Office of Corporate Retail Collection,
SORH Banking Collection, Policy &
Cash & Trade Support Business 3 Restructuring
TI Chief Economist Restructuring Procedure
Operation (Pj) Rendy Wholesale & Recovery
Banjaran Surya Silmi Akbar & Recovery Wiwien Faulina
Agustini Fitriah Andy Puguh Immadha Handy
Ferdiansyah Indriastomo Ghania P. Kurniawan Eko Rahmawaty
Nugroho Kusuma
Budi P.
(Pj) Yudha Aditya
Business Transaction
IT Operations Banking
Continuity Commercial ERO ERO
(Pj) Zaldy Wholesale
Management Business 1
Suhatman Fajar Ari
Arief Sunandar Fenny Aslinda
Setiawan
Maisur Hilmi Arief Budiman
Indriati Tri Handaya
Customer Commercial
Care EBO Business 2
Nurdiana Tengku Abdullah
Habibie Sani
Astridiana
Sjamanti
SORH Corporate
Operations Finance &
Solution
Ferry Hendrawan
Dwi Hesti
Mulyaningrum
EBO Yoana Irawati
Ricky Ruswandi
SORH
Cabang
Wholesale
Luar Negeri
Tjahjono Soebroto
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
ORGANIZATIONAL STRUCTURE
Board of Commissioners
Audit Committee
Nomination & Remuneration
Committee
Risk Oversight Committee
Board of Commissioners
Retail Sales & Finance & Compliance &
Banking Distribution Strategy Human Capital
Kemas Erwan Anton Sukarna Ade Cahyo Arief Adhi
Husainy Nugroho Sanjaya
Consumer Funding &
Internal Audit
Transaction
Product Solution Ida Triana Ade Hasballah
Wawan Setiawan** Widowati Abdullah
Islamic Distribution Strategic Wholesale
Consumer Retail Deposit Human Capital Wholesale
Ecosystem Business 1 Strategy Planning & Compliance & Corporate
Solution Strategy & Policy & Corporate
Solution (Secured) Gunawan Arief Performance Rosalina Center Audit
Dien Lukita Teszy Mira Center Audit
Vita Andrianty Jiwo Sukarno Hartoyo Management Dewi T Movianto
Purnamasari Ekakusuma Wisnu Sunandar
Diaz Hartadi
Islamic Consumer Alternative Channel Strategic Retail,
Ecosystem Transaction Human Capital Marketing Distribution &
Business 2 & Government Planning & AML-CFT
Solution (Unsecured) Project Banking Retail Services Communication Digital Banking
Performance Denny
Muhammad (Pjs) Arief (Pjs) Gunawan Arief Dickman Management Bambang Praka Mulia Audit
Syukron Habiby Maulana Kurniawan Agung Digital
Satiana Hartoyo Diaz Hartadi Sutrisno
Agus Subekti
SME Card Bullion Wealth Corporate BSI Corporate Legal
Business Business Business Management IT Audit
Finance & University Netty Susanty
Risqi Widayat Arief Satiana Riko Wardhana Asri Natanegeri Accounting Arif Jatmoko
Sylvia Azis
Priyo Hartono
Micro Imsak Ramadhan Human Capital
Business Gold & Pawning Procurement & Data Protection
Regional Taufan Anshari (Pj) Business
Adjat Djatnika Business Fixed Asset Partner 1 Khoirul Huda S
Office (12) Ari Yusnairi Muslim Riyadi
Basarah Ilyas Ibrahim Yuwono Peby Elan Surya
Affan Mawardi
Diningrat
Deden Durachman
Fitria Ekayani
Business SORH Ficko Hardowiseto Corporate Human Capital SORH
Transformation Distribution & Jajang Abdul Karim
Transformation Business Corporate
Bayu Isnandar Retail Sefudin Suria Hidayat
Office Partner 2 Center
Sukma Dwie Priardi
Aji Wibowo Sufitri Devi
Yasrul Fiti Syam Arjuka
Muhammad Arif Gunawan
Corporate
EBO Development
Rizky
Budinanda
Mahendra Nusanto S
Joni Haryanto Irfan Lesmana
Kantor Cabang
Notes: Director SEVP N2 Business N2 Enabler N2 Support
Luar Negeri
ANNUAL REPORT 2025
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BOARD OF COMMISSIONERS PROFILE
MUHADJIR EFFENDY
President Commissioner
Indonesian Citizen
Born in Madiun, in 1956.
69 years old as of December 2025.
Domiciled in Jakarta, Indonesia
Appointment History •• Chairman of the Daily Supervisory Board of
Appointment History Universitas Muhammadiyah Malang (UMM),
Appointed as President Commissioner for the 2020–present.
first term through the Annual General Meeting •• Coordinating Minister for Human Development
of Shareholders held on 16 May 2025 and became and Cultural Affairs of the Republic of Indonesia,
effective in office on 1 September 2025. 2019–2024.
•• Member of the Board of Trustees of Universitas
Term of Office Airlangga (UNAIR), 2017–present.
2025 - 2028 (First Period). •• Chairman of the Central Executive Board of the
Indonesian Association for the Development of
Share Ownership Social Sciences (HIPIIS), 2017–2019.
None. •• Minister of Education and Culture of the
Republic of Indonesia, 2016–2019.
Educational Background •• Head of the Economics and Business Division of
•• Bachelor’s Degree, Faculty of Tarbiyah, IAIN the Central Leadership (PP) of Muhammadiyah,
Malang (1978). 2015–present.
•• Bachelor of Social Education – IKIP Malang •• Chairman of the Central Executive Board of the
(1982). Indonesian Association for the Development of
•• Master’s Program in Public Administration – Social Sciences (HIPIIS), 2013–2017.
Gadjah Mada University (1996). •• Member of the Regional Research Council
•• Doctoral Program – Social Sciences – Airlangga (DRD) of East Java, 2014–2019.
University (2008). •• Deputy Head of the Education Division of
Muhammadiyah Regional Leadership of East
Certification Java, 2000–2015.
•• Risk Management Certification Level 6 •• Rector of Universitas Muhammadiyah Malang
•• Basic Islamic Banking Education for Executives (UMM), 2000–2016.
Work Experience Concurrent Positions
•• President Commissioner of PT Bank Syariah Internal Concurrent Positions:
Indonesia Tbk, 2025–present. •• Member of the Risk Monitoring Committee of
•• Chairman of the Honorary Council of the Central PT Bank Syariah Indonesia Tbk
Executive Board of the Indonesian Association •• Member of the Nomination and Remuneration
for the Development of Social Sciences (HIPIIS), Committee of PT Bank Syariah Indonesia Tbk
2025–present.
•• Special Presidential Advisor for Hajj Affairs, External Concurrent Positions:
2024–present. •• Special Presidential Advisor for Hajj Affairs of
•• Patron of the Central Executive Board of the Republic of Indonesia, 2024–present
the Indonesian Association of Non-Formal
Education Academics (IAPNFI), 2022–present. Affiliate Relationship
•• Chairman of the Board of Trustees of Universitas None.
Brawijaya, 2021–present.
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BOARD OF COMMISSIONERS PROFILE
FELICITAS TALLULEMBANG
Independent Commissioner
Indonesian Citizen
Born in Rantepao, in 1959.
Age 66 years old as of December 2025.
Domiciled in South Tangerang, Indonesia
Appointment History Concurrent Positions
Appointed as Independent Commissioner for Internal Concurrent Positions:
the first period through the GMS on May 17, 2024. •• Chairman of the Audit Committee at PT Bank
Effective on December 10, 2024. Syariah Indonesia Tbk.
•• Chairman of the Nomination and Remuneration
Term of Office Committee at PT Bank Syariah Indonesia Tbk.
2024 – 2027 (First Period). •• Chairman of the Risk Monitoring Committee at
PT Bank Syariah Indonesia Tbk.
Share Ownership •• Chairman of the Integrated Governance
None. Committee (TKT) of the Mandiri Group.
Educational Background External Concurrent Positions:
Bachelor of Medicine from Hasanuddin University •• Does not hold any positions in other public
Makassar (1990). companies.
Certification Affiliate Relationship:
•• Risk Management Certification Level 6 None.
•• Basic Islamic Banking Education for Executives
Work Experience
•• Independent Commissioner of PT Bank Syariah
Indonesia Tbk, 2024-present.
•• Member of the Advisory Board and Chair of
the Gerindra Party’s Health Research and
Development Division, 2020.
•• Member of Commission IV of the Indonesian
House of Representatives, 2014- 2019.
•• Commissioner at PT Cetara Bangun Persada,
2003-2017.
•• Director of the Sinjai Regency General Hospital,
1999-2008.
•• Head of the Health Center at the Galesong
Utara Health Center, Takalar, 1992- 1999.
•• General Practitioner at the Takalar Regency
General Hospital, 1991-1992.
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BOARD OF COMMISSIONERS PROFILE
KAMARUDDIN AMIN
Commissioner
Indonesian Citizen
Born in Bontang, in 1969.
Age 56 years old as of December 2025.
Domiciled in Central Jakarta, Indonesia
Appointment History •• Chairman of the Executive Board of the
Appointed as Commissioner for the first Indonesian Waqf Board (BWI), 2024–2027.
term through the Annual General Meeting of •• Leader of the National Amil Zakat Agency
Shareholders held on 16 May 2025 and became (BAZNAS), 2020–2025.
effective in office on 1 September 2025.
Concurrent Positions
Term of Office Internal Concurrent Positions:
2025 - 2028 (First Period). •• Member of the Nomination and Remuneration
Committee of PT Bank Syariah Indonesia Tbk.
Share Ownership
None. External Concurrent Positions:
•• Secretary General of the Ministry of Religious
Educational Background Affairs of the Republic of Indonesia, 2025.
•• Bachelor’s degree from UIN Alauddin •• Chairman of the Executive Board of the
Makassar (1994). Indonesian Waqf Board (BWI), 2024–2027.
•• Master’s degree from Leiden University,
Netherlands (1998). Affiliate Relationship:
•• Doctoral Degree from Bonn University, None.
Germany (2005).
Certification
•• Risk Management Certification Level 6
•• Basic Islamic Banking Education for
Executives
Work Experience
•• Commissioner of PT Bank Syariah Indonesia
Tbk, 2025–present.
•• Secretary General of the Ministry of Religious
Affairs of the Republic of Indonesia, 2025.
•• Member of the Supervisory Board of the
Education Fund Management Institution
(LPDP), 2025–present.
•• Member of the Supervisory Board of Ahmad
Wardi Eye Hospital (RSAW), 2025–present.
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BOARD OF COMMISSIONERS PROFILE
MOCHAMAD AGUS ROFIUDIN
Commissioner
Indonesian Citizen
Born in Surabaya, in 1970.
Age 55 years old as of December 2025.
Domiciled in East Jakarta, Indonesia
Appointment History •• Head of the National Single Window Agency,
Appointed as Commissioner for the first Ministry of Finance, 2019–2023.
term through the Annual General Meeting of •• Ex Officio Leader of the National Amil Zakat
Shareholders held on 16 May 2025 and became Agency (BAZNAS RI), 2024–2025.
effective in office on 1 September 2025.. •• Member of the Supervisory Board of the
National Brain Center Hospital Prof. Dr. dr.
Term of Office Mahar Mardjono, 2021–2025.
2025 - 2028 (First Period).
Concurrent Positions
Share Ownership Internal Concurrent Positions:
None. •• Member of the Risk Monitoring Committee of
PT Bank Syariah Indonesia Tbk.
Educational Background
•• Diploma III in Finance, Specialization in External Concurrent Position:
Customs and Excise, Politeknik Keuangan •• Expert Staff to the Minister of Finance for Non-
Negara STAN (1992). Tax State Revenue, 2025–present.
•• Bachelor of Computer Science, Faculty of
Information Management, S.T.M.I.K Budi Luhur Affiliate Relationship:
(2002). None.
•• Master of Management, Faculty of Economics
and Business, Universitas Brawijaya (2008).
Certification
•• Risk Management Certification Level 6
•• Basic Islamic Banking Education for Executives
•• Governance Risk and Compliance Professional
Advanced-Level Executive
Work Experience
•• Commissioner of PT Bank Syariah Indonesia
Tbk, 2025–present.
•• Expert Staff to the Minister of Finance for Non-
Tax State Revenue, 2025–present.
•• Expert Staff to the Minister of Finance for
Organization, Bureaucracy, and Information
Technology, 2023–2025.
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BOARD OF COMMISSIONERS PROFILE
NIZAR AHMAD SAPUTRA
Independent Commissioner
Indonesian Citizen
Born in Tasikmalaya, in 1986.
Age 39 years old as of December 2025.
Domiciled in Bandung, Indonesia
Appointment History Concurrent Positions
Appointed as Commissioner for the first Internal Concurrent Positions:
term through the Annual General Meeting of •• Member of the Risk Monitoring Committee of
Shareholders held on 16 May 2025 and became PT Bank Syariah Indonesia Tbk.
effective in office on 12 December 2025. •• Member of the Nomination and Remuneration
Committee of PT Bank Syariah Indonesia Tbk.
Term of Office •• Member of the Audit Committee of PT Bank
2025 - 2028 (First Period). Syariah Indonesia Tbk.
Share Ownership External Concurrent Positions:
None •• Does not hold any positions in other public
companies.
Educational Background
•• Bachelor’s Degree from the Persatuan Islam Affiliate Relationship:
College of Islamic Studies (STAIPI) (2012). None.
•• Master’s Degree in Communication Studies
from the Islamic University of Bandung
(UNISBA) (2019).
Certification
•• Risk Management Certification Level 6
•• Basic Islamic Banking Education for Executives
Work Experience
•• Independent Commissioner of PT Bank Syariah
Indonesia Tbk, 2025–present.
•• Director of Human Resources and General
Affairs, PT Sebaris Utama, 2024–2025.
•• Assistant to the President’s Special Staff for
Strategic Group Communications, 2019–2023.
•• Director of Operations, PT Asa Baru Indonesia,
2019–2025.
•• General Manager, PD. Surya Mulya Jaya, 2014–
2016.
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BOARD OF COMMISSIONERS PROFILE
ADDIN JAUHARUDIN
Independent Commissioner
Indonesian Citizen
Born in Cirebon, in 1980.
Age 45 years old as of December 2025.
Domiciled in Depok, Indonesia
Appointment History •• Supervisory Coordinator of KSP Daya Inspirasi
Appointed as Commissioner for the first Bangsa, 2020–2025.
term through the Annual General Meeting of •• Independent Commissioner of PT Pos
Shareholders held on 16 May 2025 and became Indonesia (Persero), 2018–2023.
effective after obtaining OJK approval following •• Independent Commissioner of PT Garam
the fit and proper test assessment. (Persero), 2014–2018.
Term of Office Concurrent Positions
2025 - 2028 (First Period). Internal Concurrent Positions:
•• Member of the Nomination and Remuneration
Share Ownership Committee of PT Bank Syariah Indonesia Tbk
None •• Member of the Risk Monitoring Committee of
PT Bank Syariah Indonesia Tbk
Educational Background •• Member of the Audit Committee of PT Bank
•• Bachelor’s Degree from Institut Agama Syariah Indonesia Tbk
Islam Al’Aqidah, Department of Al-Ahwal Al-
Syakhshiyyah (1998). External Concurrent Positions:
•• Master’s Degree from Trisakti University, Master •• Does not hold any positions in other public
of Management Program (2016). companies
•• Doctoral Degree from Universitas Brawijaya
Malang, Strategic Management Concentration Affiliate Relationship:
(2019). None.
Certification
•• Risk Management Certification Level 6
•• Basic Islamic Banking Education for Executives
Work Experience
•• Independent Commissioner of PT Bank Syariah
Indonesia Tbk, 2025-present.
•• Chairman of the Central Executive Board (PP)
of Gerakan Pemuda Ansor, 2024–2029.
•• Independent Commissioner of PT Waskita
Karya (Persero) Tbk, 2023–2025.
•• Head of the Halal Products Division, MES, 2021–
2023.
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BOARD OF COMMISSIONERS PROFILE
MUHAMMAD SYAFII ANTONIO
Independent Commissioner
Indonesian Citizen
Born in Sukabumi, in 1967.
Age 58 years old as of December 2025.
Domiciled in Bogor, Indonesia
Appointment History •• Member of the Shariah Board of the Islamic
Appointed as Commissioner for the first Development Bank, Jeddah, 2016–2023.
term through the Annual General Meeting of
Shareholders held on 16 May 2025 and became Concurrent Positions
effective after obtaining OJK approval following Internal Concurrent Positions:
the fit and proper test assessment. •• Member of the Risk Monitoring Committee of
PT Bank Syariah Indonesia Tbk
Term of Office •• Member of the Audit Committee of PT Bank
2025 - 2028 (First Period). Syariah Indonesia Tbk
•• Member of the Nomination and Remuneration
Share Ownership Committee of PT Bank Syariah Indonesia Tbk
None
External Concurrent Positions:
Educational Background •• Rector of Tazkia University, 2024–present.
•• Bachelor of Arts in Islamic Studies (major) and •• President Commissioner of Shafiq Digital
Economics and Statistics (minor) in Jordan Indonesia, 2020–present.
University (1990). •• Member of the Sharia Supervisory Board of PT
•• Master of Economics in Kuala Lumpur Malaysia Schroder Investment Management Indonesia,
University (IIU) (1992). 2015–present.
•• Doctoral of Micro Finance in University of •• Member of the Sharia Supervisory Board of PT
Melbourne Australia (2004). PNM (Persero), 2004–present.
•• Independent Party of the Audit Committee
Certification and Risk Monitoring Committee of Bank Mega
•• Risk Management Certification Level 6 Syariah, 2001–present.
•• Sharia Supervisory Board Certification
Affiliate Relationship:
Work Experience None.
•• Independent Commissioner of PT Bank Syariah
Indonesia Tbk, 2025–present.
•• President Commissioner of Asia Raya Kapital,
2024.
•• Rector of Tazkia University, 2024–present.
•• President Commissioner of Shafiq Digital
Indonesia, 2020–present.
•• Commissioner of PT Modular Inti Konstrindo,
2017–2024.
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BOARD OF COMMISSIONERS PROFILE
MEIDY FERDIANSYAH
Commissioner
Indonesian Citizen
Born in Jakarta, in 1980.
Age 45 years old as of December 2025.
Domiciled in South Tangerang, Indonesia
Appointment History •• Deputy Group Head Human Capital Group PT
Appointment History Bank Syariah Mandiri, 2015-2016.
Appointed as Commissioner for the first •• Head of Strategic Business Project PT Bank
term through the Annual General Meeting of Syariah Mandiri, 2012-2015.
Shareholders held on 16 May 2025 and became •• Retail & Micro Project Officer PT Bank Syariah
effective after obtaining OJK approval following Mandiri, 2011-2012.
the fit and proper test assessment. •• Branch Manager - Pondok Bambu PT Bank
Syariah Mandiri, 2010-2011.
Term of Office
2025 - 2028 (First Period). Concurrent Positions
Internal Concurrent Positions:
Share Ownership •• Member of the Risk Monitoring Committee of
PT Bank Syariah Indonesia Tbk: 133,000 shares PT Bank Syariah Indonesia Tbk.
Educational Background External Concurrent Positions:
•• Bachelor’s Degree of Economic in University of •• Does not hold any positions in other public
Indonesia (2004).
•• Master of Science of Strategic Management in companies.
Prasetya Mulya Jakarta University (2016).
Affiliate Relationship:
Certification None.
•• Risk Management Certification Level 6
•• Basic Islamic Banking Education for Executives
Work Experience
•• Commissioner of PT Bank Syariah Indonesia
Tbk year 2025-present.
•• Chief Marketing Officer PT Asia Coach
Indonesia, 2024-2025.
•• VP SME Business Project PT Bank Syariah
Indonesia Tbk, 2023-2024.
•• VP Marketing Communication PT Bank Syariah
Indonesia Tbk, 2021-2023.
•• VP Marketing Communication PT Bank Syariah
Mandiri, 2019-2021.
•• VP Corporate Culture Design & Program PT
Bank Syariah Mandiri, 2018-2019.
•• VP Human Capital Business Partner Senior
Manager PT Bank Syariah Mandiri, 2016-2018.
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CHANGES IN THE BOARD OF
COMMISSIONERS COMPOSITION
Changes in the Board of Commissioners Composition and the Reasons
During 2025, the composition of the Board of Commissioners underwent several adjustments, which
were made to align with the Bank’s organizational needs and developments. The updated composition
of the Board of Commissioners is as follows.
Board of Commissioners Composition as of January 1 to May 16, 2025
As of January 1, to May 16, 2025, the Board of Commissioners composition consisted of 10 (ten) members,
comprising 1 (one) President Commissioner concurrently as Independent Commissioner, 1 (one) Vice
President Commissioner concurrently as Independent Commissioner, 5 (five) Commissioners, and 3
(three) Independent Commissioners, as follows:
Board of Commissioners Composition as of January 1 to May 16, 2025
Effective
Name Position Executor Basis of Appointment
Date
Muliaman President Commissioner Annual GMS on May September 21,
OJK
Dharmansyah Hadad Concurrently Independent 22, 2023 2023
Adiwarman Azwar Deputy President Commissioner Extraordinary GMS on
OJK January 31, 2022
Karim Concurrently Independent August 24, 2021
Extraordinary GMS on
Masduki Baidlowi Commissioner OJK February 1, 2021
December 15, 2020
Extraordinary GMS on
Suyanto Commissioner OJK February 1, 2021
December 15, 2020
Annual GMS on May September 21,
Abu Rokhmad Commissioner OJK
22, 2023 2023
Annual GMS on May December 10,
Fauzi Commissioner OJK
17, 2024 2024
Annual GMS on May December 10,
Nazaruddin Commissioner OJK
17, 2024 2024
Extraordinary GMS on
Komaruddin Hidayat Independent Commissioner OJK February 1, 2021
December 15, 2020
Annual GMS on May
Mohamad Nasir Independent Commissioner OJK January 6, 2023
27, 2022
Annual GMS on May December 10,
Felicitas Tallulembang Independent Commissioner OJK
17, 2024 2024
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CHANGES IN THE BOARD OF
COMMISSIONERS COMPOSITION
Board of Commissioners Composition as of December 31, 2025
Pursuant to the AGMS resolution on May 16, 2025, the Board of Commissioners composition was changed
to 8 (eight) members, comprising 1 (one) President Commissioner, 3 (three) Commissioners, and 4 (four)
Independent Commissioners, thereby the Board composition as of December 31, 2025, is as follows:
Board of Commissioners Composition as of December 31, 2025
Basis of
Name Position Executor Effective Date
Appointment
President Annual GMS on
Muhadjir Effendy OJK September 1, 2025
Commissioner May 16, 2025
Annual GMS on Effective upon obtaining approval
Meidy Ferdiansyah Commissioner OJK
May 16, 2025 the Financial Service Authority (OJK)
Mochamad Agus Annual GMS on
Commissioner OJK December 12, 2025
Rofiudin May 16, 2025
Annual GMS on
Kamaruddin Amin Commissioner OJK December 12, 2025
May 16, 2025
Felicitas Independent Annual GMS on
OJK December 10, 2024
Tallulembang Commissioner May 17, 2024
Nizar Ahmad Independent Annual GMS on
OJK December 12, 2025
Saputra Commissioner May 16, 2025
Muhammad Syafii Independent Annual GMS on Effective upon obtaining approval
OJK
Antonio Commissioner May 16, 2025 the Financial Service Authority (OJK)
Independent Annual GMS on Effective upon obtaining approval
Addin Jauharudin OJK
Commissioner May 16, 2025 the Financial Service Authority (OJK)
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BOARD OF DIRECTORS PROFILE
ANGGORO EKO CAHYO
President Director
Indonesian Citizen
Born in Jakarta, in 1969.
Age 56 years old as of December 2025.
Domiciled in South Tangerang, Indonesia
Appointment History •• Consumer Business Director of PT Bank Negara
Appointed as President Director for the first Indonesia (Persero) Tbk, 2015–2018.
term through the Annual General Meeting of •• Head of Human Capital Division PT Bank
Shareholders held on 16 May 2025 and became Negara Indonesia (Persero) Tbk, 2012-2015.
effective in office on 1 September 2025. •• Head of Network and Service Division PT Bank
Negara Indonesia (Persero) Tbk, 2011-2012.
Term of Office •• Head of Regional Office 14 Jakarta BSD PT Bank
2025 - 2028 (First Period). Negara Indonesia (Persero) Tbk, 20211.
•• Head of Regional Office 12 Jakarta Kota PT
Share Ownership Bank Negara Indonesia (Persero)Tbk, 2010-2011.
None. •• Head of Consumer Funds and Services Division
PT Bank Negara Indonesia (Persero) Tbk, 2009-
Educational Background 2010.
•• Bachelor of Engineering & Industrial •• Deputy Head 1 of Corporate Communication &
Management from the Indonesian Institute of Secretariat PT Bank Negara Indonesia (Persero),
Technology (1992). 2009.
•• Master of Agribusiness, Bogor Agricultural •• Vice President of Credit Card Business
Institute (IPB) (2002). Marketing PT Bank Negara Indonesia (persero)
Tbk, 2005-2009.
Certification •• Head of Consumer Marketing & Service Group
•• Risk Management Certification Level 7 PT Bank Negara Indonesia (Persero) Tbk, 2003-
•• Basic Islamic Banking Education for Executives 2025.
•• The Essentials Course of The Art & Science of
Coaching Concurrent Positions
•• Executive Education: Developing and Loading Internal Concurrent Positions:
High-Performance Teams •• Chairman of the Information Technology
•• Executive Education: Oxford Scenarios Program Steering Committee of PT Bank Syariah
Indonesia Tbk.
Work Experience •• Chairman of the Asset & Liabilities Committee
•• President Director of PT Bank Syariah Indonesia (ALCO) of PT Bank Syariah Indonesia Tbk.
Tbk, 2025-present. •• Chairman of the Business Committee of PT
•• President Director of BPJS Ketenagakerjaan, Bank Syariah Indonesia Tbk.
2021–2025 •• Chairman of the Crisis Management Committee
•• President Commissioner of PT Fintek Karya of PT Bank Syariah Indonesia Tbk.
Nusantara (Link Aja), 2020-2021. •• Business Function Approver of the Financing
•• Deputy President Director of PT Bank Negara Committee of PT Bank Syariah Indonesia Tbk.
Indonesia (Persero) Tbk, 2020.
•• Director of Consumer Business of PT Bank External Concurrent Positions:
Negara Indonesia (Persero) Tbk, 2019-2020. •• Does not hold any positions in other public
•• Finance Director of PT Bank Negara Indonesia companies
(Persero) Tbk, 2018–2019.
Affiliate Relationship:
None.
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BOARD OF DIRECTORS PROFILE
BOB TYASIKA ANANTA
Vice President Director
Indonesian Citizen
Born in Surakarta, in 1963.
Age 62 years old as of December 2025.
Domiciled in South Jakarta, Indonesia
Appointment History •• Director of Planning & Operations of PT Bank
Appointed as Vice President Director for the first Negara Indonesia (Persero) Tbk, 2016-2018.
period through the AGMS on May 27, 2022, and •• Director of Operations and Information
received an effective decision from the OJK on Technology of PT Bank Negara Indonesia
September 22, 2022. He was reappointed at the (Persero) Tbk, 2015-2016.
Annual GMS on May 16, 2025, for the second period.
Concurrent Positions
Term of Office Internal Concurrent Positions:
2022 – 2025 (First Period) •• Chairman of the Crisis Management Committee
2025 – 2028 (Second Period) of PT Bank Syariah Indonesia Tbk.
•• Vice Chairman of the Information Technology
Share Ownership (IT) Steering Committee of PT Bank Syariah
PT Bank Syariah Indonesia Tbk: 1,134,400 shares Indonesia Tbk.
•• Vice Chairman of the Business Committee of
Educational Background PT Bank Syariah Indonesia Tbk.
•• Bachelor of Accounting from Gadjah Mada •• Vice Chairman of the Human Resources
University Yogyakarta (1986). Committee of PT Bank Syariah Indonesia Tbk.
•• Master of Finance, Business Administration •• Vice Chairman of the Assets & Liabilities
from University of Oregon USA (1989). Committee (ALCO) of PT Bank Syariah
Indonesia Tbk.
Certification •• Member of the Policy & Procedure Committee
Qualification Competency Certification 7 - at PT Bank Syariah Indonesia Tbk.
Banking Risk Management Field (2024).
External Concurrent Positions:
Work Experience •• Does not hold any positions in other public
•• Acting President Director of PT Bank Syariah companies.
Indonesia Tbk in 2025.
•• Vice President Director of PT Bank Syariah Affiliate Relationship:
Indonesia Tbk, 2022-present. None.
•• Director of Human Capital & Compliance of PT
Bank Negara Indonesia (Persero) Tbk, 2020-
2022.
•• Director of Treasury & International of PT Bank
Negara Indonesia (Persero) Tbk, 2019-2020.
•• Director of Risk Management of PT Bank
Negara Indonesia (Persero) Tbk, 2018- 2019.
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BOARD OF DIRECTORS PROFILE
ANTON SUKARNA
Director of Sales & Distribution
Indonesian Citizen
Born in Bandung, in 1970.
Age 55 years old as of December 2025.
Domiciled in Depok, Indonesia
Appointment History •• Regional Head-Region VII/Eastern Indonesia of
Appointed as Director of Sales & Distribution for PT Bank Syariah Mandiri, 2016- 2018.
the first period through the EGMS on December •• Group Head Commercial Banking Group of PT
15, 2020, and effectively served on February 1, 2021. Bank Syariah Mandiri, 2012-2016.
He was reappointed at the Annual GMS on May 17,
2024, for the second period. Concurrent Positions
Internal Concurrent Positions:
Term of Office •• Member of the Crisis Management Committee
•• 2021 - 2024 (First Period) of PT Bank Syariah Indonesia Tbk.
•• 2024 - 2027 (Second Period) •• Member of the Business Committee of PT Bank
Syariah Indonesia Tbk.
Share Ownership •• Member of the Human Resources Committee
PT Bank Syariah Indonesia Tbk: 2,280,100 shares of PT Bank Syariah Indonesia Tbk.
•• Member of the Assets & Liabilities Committee
Educational Background (ALCO) of PT Bank Syariah Indonesia Tbk.
••
Bachelor of Socioeconomics of Animal •• Member of the Crisis Management Committee
Husbandry from Bogor Agricultural Institute at PT Bank Syariah Indonesia Tbk.
(1994).
••
Master of Small and Medium Industry External Concurrent Positions:
Development from Bogor Agricultural Institute Does not hold any positions in other public
(2023). companies.
Certification Hubungan Afiliasi:
Risk Management Certification Level 7 None.
Work Experience
•• Sales & Distribution Director of PT Bank Syariah
Indonesia Tbk, 2021-present.
•• Distribution & Sales Director of PT Bank Syariah
Mandiri, 2020-2021.
•• SEVP Distribution & Sales PT Bank Syariah
Mandiri of 2019-2020.
•• Regional Head-Region III/Jakarta of PT Bank
Syariah Mandiri, 2018-2019.
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BOARD OF DIRECTORS PROFILE
ADE CAHYO NUGROHO
Director Finance & Strategy
Indonesian Citizen
Born in Jakarta, in 1978.
Age 47 years old as of December 2024.
Domiciled in South Jakarta, Indonesia
Appointment History •• Senior Executive Vice President (SEVP)/Deputy
Appointed Director of Finance & Strategy for the Director of PT Mandiri Tunas Finance, 2014-2015.
first period through the EGMS on December 15,
2020, and effectively served on February 1, 2021. Concurrent Positions
He was reappointed at the Annual GMS on May 17, Internal Concurrent Positions:
2024, for the second period. •• Deputy Chairman of the Risk Management
Committee at PT Bank Syariah Indonesia Tbk.
Term of Office •• Member of the Information Technology (IT)
•• 2021 - 2024 (First Period) Steering Committee at PT Bank Syariah
•• 2024 - 2027 (Second Period) Indonesia Tbk.
•• Member of the Policy & Procedure Committee
Share Ownership at PT Bank Syariah Indonesia Tbk.
PT Bank Syariah Indonesia Tbk: 2,280,100 shares •• Member of the Human Resources Committee
at PT Bank Syariah Indonesia Tbk.
Educational Background •• Member of the Assets & Liabilities Committee
••
Bachelor of Accounting from University of (ALCO) of PT Bank Syariah Indonesia Tbk.
Indonesia (2003). •• Member of the Crisis Management Committee
••
Master in Business Administration from at PT Bank Syariah Indonesia Tbk.
Rotterdam School of Management, Erasmus
University Netherlands (2011) External Concurrent Positions:
Does not hold any positions in other public
Certification companies.
Banking Risk Management Level 7
Affiliate Relationship:
Work Experience None.
•• Director of Finance & Strategy, PT Bank Syariah
Indonesia Tbk, 2021-present.
•• Director of Finance, Strategy & Treasury of PT
Bank Syariah Mandiri, 2018-2021.
•• Director of Finance & Strategy of PT Bank
Syariah Mandiri, 2017-2018.
•• Senior Executive Vice President (SEVP) Finance
& Strategy of PT Bank Syariah Mandiri, 2016-
2017
•• Director of Finance & Strategy of PT Mandiri
Tunas Finance, 2015-2016.
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BOARD OF DIRECTORS PROFILE
ZAIDAN NOVARI
Director of Wholesale Transaction
Banking
Indonesian Citizen
Born in Palembang, in 1967.
Age 58 years old as of December 2025.
Domiciled in South Tangerang, Indonesia
Appointment History Concurrent Positions
Appointed as Director of Wholesale Transaction Internal Concurrent Positions:
Banking for the first period through the AGM on •• Member of the Risk Management Committee
May 27, 2022, and received an effective decision at PT Bank Syariah Indonesia Tbk.
from the OJK on January 31, 2023. He was •• Member of the Business Committee at PT Bank
reappointed at the Annual GMS on May 16, 2025, Syariah Indonesia Tbk.
for the second period. •• Member of the Assets & Liabilities Committee
(ALCO) of PT Bank Syariah Indonesia Tbk.
Term of Office
•• 2022 – 2025 (First Period) External Concurrent Positions:
•• 2025 – 2028 (Second Period) Does not hold any positions in other public
companies.
Share Ownership
PT Bank Syariah Indonesia Tbk: 1,071,400 shares Affiliate Relationship:
None.
Educational Background
•• Bachelor of Economics & Development Studies
from Sriwijaya University Palembang (1991).
•• Master of Financial Management from Gadjah
Mada University Yogyakarta (1999).
Certification
Banking Risk Management Level 7
Work Experience
•• Director of Wholesale Transaction Banking PT
Bank Syariah Indonesia Tbk, 2022-present.
•• Senior Vice President Commercial Banking 3
PT Bank Mandiri (Persero) Tbk, 2017- 2022.
•• Vice President of PT Bank Mandiri (Persero)
Tbk, 2012-2017.
•• Senior Account Manager of PT Bank Mandiri
(Persero) Tbk, 2008-2012.
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BOARD OF DIRECTORS PROFILE
GRANDHIS HELMI HARUMANSYAH
Director of Risk Management
Indonesian Citizen
Born in Ngawi, in 1981.
Age 44 years old as of December 2025.
Domiciled in South Jakarta, Indonesia
Appointment History Concurrent Positions
Appointed as Director of Risk Management for the Internal Concurrent Positions:
first period through the AGM on May 22, 2023, and •• Chairman of the Risk Management Committee
received an effective decision from the OJK on at PT Bank Syariah Indonesia Tbk.
September 21, 2023. •• Chairman of the Policy & Procedure Committee
at PT Bank Syariah Indonesia Tbk.
Term of Office •• Member of the Information Technology
2023 - 2026 (First Period). (IT) Steering Committee of PT Bank Syariah
Indonesia Tbk.
Share Ownership •• Member of the Business Committee at PT Bank
PT Bank Syariah Indonesia Tbk: 343,100 shares Syariah Indonesia Tbk.
•• Member of the Human Resources Committee
Educational Background at PT Bank Syariah Indonesia Tbk.
•• Bachelor of Industrial Engineering from •• Member of the Assets & Liabilities Committee
University of Indonesia (2003). at PT Bank Syariah Indonesia Tbk.
•• Master of Business Administration-Strategic •• Member of the Crisis Management Committee
Management from Washington University St. at PT Bank Syariah Indonesia Tbk.
Louis (2013). •• Risk Function Approver of the Financing
Committee at PT Bank Syariah Indonesia Tbk.
Certification
Banking Risk Management Level 7 External Concurrent Positions:
Does not hold any positions in other public
Work Experience companies.
•• Director of Information Risk Management PT
Bank Syariah Indonesia Tbk, 2023-present. Affiliate Relationship:
•• Group Head Commercial Risk 1 PT Bank Mandiri None.
(Persero) Tbk, 2020-2023.
•• Head of Business Development PT Bank
Mandiri (Persero) Tbk, Singapore (BMSG), 2016-
2019.
•• Department Head Sector Sea Port &
Transportation, Corporate Banking II & IV Group
PT Bank Mandiri (Persero) Tbk, 2015–2016.
•• Department Head Sector Energy, Corporate
Banking V Group PT Bank Mandiri (Persero)
Tbk, 2015.
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BOARD OF DIRECTORS PROFILE
KEMAS ERWAN HUSAINY
Director of Retail Banking
Indonesian Citizen
Born in Palembang, in 1975.
Age 50 years old as of December 2025.
Domiciled in Jakarta, Indonesia
Appointment History ••
Regional CEO Surabaya, PT Bank Syariah
Appointed as Director of Retail Banking for the Indonesia Tbk, 2022–2023.
first period through the Annual GMS on May 16, ••
Regional CEO Medan, PT Bank Syariah
2025, and became effective in office on October 13, Indonesia Tbk, 2021–2022.
2025. ••
Regional CEO Makassar, PT Bank Syariah
Indonesia Tbk, 2021.
Term of Office ••
Regional CEO Makassar, PT Bank Syariah
2025 – 2028 (First Period). Mandiri, 2019–2021.
Share Ownership Concurrent Positions
PT Bank Syariah Indonesia Tbk: 220,101 shares Internal Concurrent Positions:
•• Member of the Crisis Management Committee
Educational Background of PT Bank Syariah Indonesia Tbk.
•• Diploma in Electrical Engineering and •• Member of the Assets & Liabilities Committee
Communication, Politeknik Negeri Sriwijaya (ALCO) of PT Bank Syariah Indonesia Tbk.
(1997). •• Member of the Business Committee of PT Bank
•• Bachelor of Economics from Universitas Kader Syariah Indonesia Tbk.
Bangsa Palembang (2005)
•• Master of Management, Bina Darma University External Concurrent Positions:
Palembang (2009). Does not hold any positions in other public
companies.
Certification
•• Refresher Program for Banking Risk Affiliate Relationship:
Management Certification Level VII None.
•• Maintenance Program for Qualification
Certification Scheme Level 7 in Banking Risk
Management
•• Certification in Basic Education and Training
on Islamic Banking for Executives
Work Experience
•• Senior Executive Vice President Branding &
Communication, PT Bank Syariah Indonesia
Tbk, 2025.
•• Group Head of Marketing Communication, PT
Bank Syariah Indonesia Tbk, 2023–2025.
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BOARD OF DIRECTORS PROFILE
MUHARTO HADI SUPRAPTO
Director of Information Technology
Indonesian Citizen
Born in Bogor, in 1976.
Age 49 years old as of December 2025.
Domiciled in South Jakarta, Indonesia
Appointment History •• IT Strategic Planning & Business Relations, PT
Appointed Director of Information Technology for Bank Rakyat Indonesia (Persero) Tbk, 2012–
the first period through the Annual GMS on May 2014.
16, 2025, and became effective in office on October •• IT Monitoring and Evaluation Officer, PT Bank
13, 2025. Rakyat Indonesia (Persero) Tbk, 2009–2010.
Term of Office Concurrent Positions
2025 – 2028 (First Period). Internal Concurrent Positions:
•• Member of the Risk Management Committee
Share Ownership of PT Bank Syariah Indonesia Tbk
None •• Vice Chairman II of the Information Technology
Steering Committee of PT Bank Syariah
Educational Background Indonesia Tbk
•• Bachelor’s Degree in Accounting and •• Vice Chairman of the Crisis Management
Information Systems from Gadjah Mada Committee of PT Bank Syariah Indonesia Tbk
University (2000). •• IT Task Force Forum
•• Master of Computer Science from the University •• Enterprise Architecture Forum A
of Kent, United Kingdom (2012).
External Concurrent Positions:
Certification Does not hold any positions in other public
•• Banking Risk Management Level 7 companies.
•• Basic Islamic Banking Training
•• BSE Chief Technology Officer School Program Affiliate Relationship:
•• BSE – Digital Strategies for Business: Leading None.
the Next Generation Enterprise
Work Experience
•• Senior Vice President, PT Bank Rakyat Indonesia
(Persero) Tbk, 2021–2025.
•• Vice President Information Security, PT Bank
Rakyat Indonesia (Persero) Tbk, 2019–2021.
•• Senior Manager IT Strategy & Planning, PT Bank
Rakyat Indonesia (Persero) Tbk, 2016–2018.
•• Senior Manager IT Procurement, PT Bank
Rakyat Indonesia (Persero) Tbk, 2014–2016.
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS PROFILE
FIRMAN NUGRAHA
Director of Treasury & International
Banking
Indonesian Citizen
Born in Bandung, in 1976.
Age 49 years old as of December 2025.
Domiciled in South Tangerang, Indonesia
Appointment History Concurrent Positions
Appointed as Director of Treasury & International Internal Concurrent Positions:
Banking for the first period through the Annual
GMS on May 16, 2025, and became effective in •• Vice Chairman 2 of the Assets & Liabilities
office on 12 December 2025. Committee (ALCO) of PT Bank Syariah
Indonesia Tbk.
Term of Office •• Member of the Crisis Management Committee
2025 – 2028 (First Period). of PT Bank Syariah Indonesia Tbk.
Share Ownership External Concurrent Positions:
None Does not hold any positions in other public
companies.
Educational Background
••
Law Bachelor’s Degree from Padjajaran Affiliate Relationship:
University (1999). None.
Certification
•• Banking Risk Management Certification,
Intermediate Level 7
•• Basic Islamic Banking Training
•• Treasury Certification, Intermediate Level 7
Work Experience
•• President Commissioner of PT Mandiri
Manajemen Investasi (MMI), 2024–2025.
•• Group Head of Treasury, PT Bank Mandiri
(Persero) Tbk, 2022–2024.
•• Deputy Group Head of Treasury, PT Bank
Mandiri (Persero) Tbk, 2021–2022.
•• Department Head of Treasury Wholesale
Coverage, PT Bank Mandiri (Persero) Tbk, 2018–
2021.
•• Department Head of Treasury Retail Coverage,
PT Bank Mandiri (Persero) Tbk, 2018.
•• Chief Dealer Anchor Client, PT Bank Mandiri
(Persero) Tbk, 2017.
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BOARD OF DIRECTORS PROFILE
ARIEF ADHI SANJAYA
Director of Compliance &
Human Capital
Indonesian Citizen
Born in Sragen, in 1977.
Age 48 years old as of December 2025.
Domiciled in South Jakarta, Indonesia
Appointment History Work Experience
Appointed as Director of Compliance & Human •• Director of Human Capital, PT Citilink Indonesia,
Capital for the first period through the Annual 2023–2025.
GMS on May 16, 2025, and became effective in •• Director of Finance and Human Capital,
office on 12 December 2025. PT Citilink Indonesia, 2022–2023.
•• Director of Finance and Risk Management,
Term of Office Jakarta Industrial Estate Pulogadung, 2018–
2025 – 2028 (First Period). 2020.
•• Independent Member and Executive Secretary
Share Ownership of the Audit Committee, Maybank Indonesia
None Tbk, 2018–2020.
•• Technical Assistance for Education Systems
Educational Background Strengthening, Palladium International, 2018.
•• Diploma in Accounting from the National •• Executive Secretary of the Board of
College of Accounting (1996-1999). Commissioners, Bank BNI Syariah, 2010–2018.
•• Bachelor’s Degree in Accounting from the
University of Indonesia (2000-2003). Concurrent Positions
•• Master of Law from the University of Indonesia Internal Concurrent Positions:
(2003-2005). •• Member of the Risk Management Committee,
•• Master of Public Administration from the PT Bank Syariah Indonesia Tbk.
National University of Singapore (2006-2007). •• Member of the Information Technology
•• Master of Science from the London School of Steering Committee, PT Bank Syariah Indonesia
Economics and Political Science (2019-2021). Tbk.
•• Member of the Asset & Liabilities Committee
Certification (ALCO), PT Bank Syariah Indonesia Tbk.
•• Extension of Competency Certification for •• Member of the Business Committee, PT Bank
Human Resources General Manager – Jakarta. Syariah Indonesia Tbk.
•• Induction Program on APU PPT & PPPSPM •• Member of the Crisis Management Committee,
Level 7, Batch 1/2025 – Online. PT Bank Syariah Indonesia Tbk.
•• PDP – Sharia Compliance Executive Program – •• Vice Chairman II of the Human Capital
LPPI Jakarta. Committee, PT Bank Syariah Indonesia Tbk.
•• Basic Islamic Banking Training – LPPI Jakarta. •• Vice Chairman of the Policy & Procedure
•• Qualification Certification Level 7 (Non-Tiered) Committee, PT Bank Syariah Indonesia Tbk.
in Banking Risk Management – LSPKS Jakarta.
•• Induction Program for Qualification External Concurrent Positions:
Certification Scheme Level 7 (Non-Tiered) in Does not hold any positions in other public
Banking Risk Management – Asbisindo Jakarta. companies.
Affiliate Relationship:
None.
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
CHANGES IN THE BOARD
OF DIRECTORS COMPOSITION
Information on Changes in the Board of Directors Composition and the Reasons
Throughout 2025, changes occurred on the Board of Directors composition, which were carried out to
address the Bank’s organizational needs and support strategic direction. The changes in the composition
of the Directors are as follows.
Board of Directors Composition as of January 1 to May 16, 2025
As of January 1 to May 16, 2025, the Board of Directors composition consisted of 10 (ten) members,
comprising 1 (one) President Director, 1 (one) Vice President Director, and 8 (eight) Directors, as follows:
Board of Directors Composition as of January 1 to May 16, 2025
Name Position Executor Basis of Appointment Effective Date
Extraordinary GMS on
Hery Gunardi President Director OJK February 1, 2021
December 15, 2020
Vice President
Bob Tyasika Ananta OJK Annual GMS on May 27, 2022 September 23, 2022
Director
Finance & Strategy Extraordinary GMS on
Ade Cahyo Nugroho OJK February 1, 2021
Director December 15, 2020
Sales & Distribution Extraordinary GMS on
Anton Sukarna OJK February 1, 2021
Director December 15, 2020
Wholesale
Zaidan Novari Transaction Banking OJK Annual GMS on May 27, 2022 January 31, 2023
Director
Information
Saladin D. Effendi OJK Annual GMS on May 22, 2023 September 21, 2023
Technology Director
Grandhis Helmi Risk Management
OJK Annual GMS on May 22, 2023 September 21, 2023
Haumansyah Director
Compliance &
Extraordinary GMS on
Tribuana Tunggadewi Human Capital OJK February 1, 2021
December 15, 2020
Director
Retail Banking
Harry Gusti Utama OJK Annual GMS on May 17, 2024 October 8, 2024
Director
Treasury &
Ari Rizaldi International OJK Annual GMS on May 17, 2024 October 8, 2024
Banking Director
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CHANGES IN THE BOARD OF DIRECTORS COMPOSITION
Board of Directors Composition as of December 31, 2025
Pursuant to the AGMS resolution on May 16, 2025, the Board of Directors composition was changed to
10 (ten) members, comprising 1 (one) President Director, 1 (one) Deputy President Director, and 8 (eight)
Directors. Thereby the Board composition as of December 31, 2025, is as follows:
Board of Directors Composition as of December 31, 2025
Name Position Executor Basis of Appointment Effective Date
September 1,
Anggoro Eko Cahyo President Director OJK Annual GMS on May 16, 2025
2025
- Annual GMS on May 27, 2022 September 23,
Bob Tyasika Ananta Vice President Director OJK
- Annual GMS on May 16, 2025 2022
Sales & Distribution Extraordinary GMS on December
Anton Sukarna OJK February 1, 2021
Director 15, 2020
Finance & Strategy Extraordinary GMS on December
Ade Cahyo Nugroho OJK February 1, 2021
Director 15, 2020
Wholesale Transaction - Annual GMS on May 27, 2022
Zaidan Novari OJK Januari 31, 2023
Banking Director - Annual GMS on May 16, 2025
Grandhis Helmi Risk Management September 21,
OJK Annual GMS on May 22, 2023
Haumansyah Director 2023
Kemas Erwan
Retail Banking Director OJK Annual GMS on May 16, 2025 October 13, 2025
Husainy
Muharto Hadi Technology
OJK Annual GMS on May 16, 2025 October 13, 2025
Suprapto Information Director
Treasury &
December 12,
Firman Nugraha International Banking OJK Annual GMS on May 16, 2025
2025
Director
Compliance & Human December 12,
Arief Adhi Sanjaya OJK Annual GMS on May 16, 2025
Capital Director 2025
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
PROFILE OF THE SHARIAH SUPERVISORY BOARD
PROF. DR. KH. HASANUDIN, M.AG
Chairman of the Sharia Supervisory Board
Indonesian Citizen
Born in Cirebon, in 1961.
Age 64 years old as of December 2025.
Domiciled in Tangerang, Indonesia
Appointment History •• Pre-Ijtima’ Sanawi (Annual Meeting) Workshop for the
Appointed as a Member of the Sharia Supervisory Board 10th Sharia Supervisory Board (DPS X) in the Islamic
for the first period through the EGMS on December Commercial Bank and Sharia Business Unit Sector
15, 2020, and effectively served on February 1, 2021. (2025)
Furthermore, he was appointed as Chairman of the •• Ijtima’ Sanawi (Annual Meeting) of the 21st Sharia
Sharia Supervisory Board in accordance with the Deed Supervisory Board (DPS XXI) (2025)
of Statement of Resolutions of the General Meeting •• Top Executive Learning Program (TELP) – Series I:
of Shareholders of PT Bank Syariah Indonesia Tbk No. Digital Banking Transformation, Speaker: Mr. Jahja
42 dated May 31, 2021. He was reappointed at the 2024 Setiatmadja (President Commissioner of BCA) (2025)
Annual GMS on May 17, 2024, for the second period. •• Induction Program for Risk Management Certification
Level 5 (2025)
Term of Office
•• 2021 - 2024 (First Period). Work Experience
•• 2024 – 2027 (Second Period). •• Chairman of the Sharia Supervisory Board of PT Bank
Syariah Indonesia Tbk, 2021-present.
Share Ownership •• Member of the Sharia Supervisory Board of PT Bank
None. Syariah Indonesia Tbk, 2021.
•• Chairman of the Daily Executive Board of the National
Educational Background Sharia Council of the Indonesian Ulema Council,
•• Bachelor of Sharia from IAIN/UIN Syarif Hidayatullah 2020-present.
Jakarta (1989). •• Chairman of the Sharia Supervisory Board of PT
•• Master of Sharia from IAIN/UIN Syarif Hidayatullah Sarana Multigriya Financial (Persero), 2018-present.
Jakarta (1997). •• Chairman of the Sharia Supervisory Board of PT
•• Doctor of Sharia farom UIN Syarif Hidayatullah Jakarta Trimegah Asset Management, 2015-2024.
(2008). •• Chairman of the Sharia Supervisory Board of PT Toyota
Astra Finance Services, 2012-present.
Certification •• Member of the Sharia Accounting Standards Board
•• Capital Market Sharia Expert License (ASPM) (2021) (DSAS), Indonesian Institute of Accountants (2012-
•• Training & Courtesy Visit on Transaction Banking to 2016).
Saudi Arabia (2024) •• Chairman and Member of the Sharia Supervisory
•• Top Executive Learning Program (TELP) – Series II Board of PT Bank BNI Syariah, 2010-2021.
Leadership Transformation (2024) •• Member of the Sharia Supervisory Board of the Sharia
•• BSMR Induction Program for the Sharia Supervisory Business Unit, PT Bank Danamon Indonesia Tbk,
Board and Sharia Committee Level 4 (2024) 2002-present.
•• BSMR Level 4 Refresher Program (2024)
•• Pre-Ijtima’ Sanawi (Annual Meeting) Workshop for the Concurrent Positions
9th Sharia Supervisory Board (DPS IX) in the Islamic Other Public Companies:
Commercial Bank and Sharia Business Unit Sector Member of the Sharia Supervisory Board of UUS PT Bank
(2024) Danamon Indonesia Tbk (2002-present).
•• Foreign Exchange Transaction Training for the Sharia
Supervisory Board (2024) Other Institutions:
•• Ijtima’ Sanawi (Annual Meeting) of the 20th Sharia
Supervisory Board (DPS XX) (2024) •• Chairman of the Daily Executive Board of the National
•• Sharing Session at the National Working Meeting Sharia Council of the Indonesian Ulema Council
(RAKERNAS) of PT Bank Syariah Indonesia Tbk by (2020-present).
Juan Hasang, Enterprise Solution Architect Manager, •• Chairman of the Sharia Supervisory Board of PT
AWS Indonesia (2024) Sarana Multigriya Financial (Persero) (2018-present).
•• Workshop on Contracts and Sharia Compliance of BSI •• Chairman of the Sharia Supervisory Board of PT Toyota
Gold Bank Products (2025) Astra Finance Services (2012-present).
•• Top Executive Learning Program (TELP) Series I
Training, 2025 Affiliate Relationship:
•• General Business English Course (2025) None.
•• Comprehensive Wholesale Products Workshop (2025)
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
PROFILE OF THE SHARIAH SUPERVISORY BOARD
DR. H. MOHAMAD HIDAYAT, MBA, M.H
Member of the Sharia Supervisory Board
Indonesian Citizen
Born in Jakarta, in 1967.
Age 58 years old as of December 2025.
Domiciled in East Jakarta, Indonesia
Appointment History 10th Sharia Supervisory Board (DPS X) in the Islamic
Appointed as Chairman of the Sharia Supervisory Board Commercial Bank and Sharia Business Unit Sector
for the first period through the EGMS on December (2025).
15, 2020, and effectively served on February 1, 2021. •• Ijtima’ Sanawi (Annual Meeting) of the 21st Sharia
Furthermore, he was appointed as a Member of the Supervisory Board (DPS XXI) (2025).
Sharia Supervisory Board in accordance with the Deed •• Palm Oil Industry Focus Mastery Training, Batch 2
of Statement of Resolutions of the General Meeting (2025).
of Shareholders of PT Bank Syariah Indonesia Tbk No. •• Top Executive Learning Program (TELP) – Series I:
42 dated May 31, 2021. He was reappointed at the 2024 Digital Banking Transformation, Speaker: Mr. Jahja
Annual GMS on May 17, 2024, for the second period. Setiatmadja (President Commissioner of BCA) (2025).
•• Induction Program for Risk Management Certification
Term of Office Level 5 (2025).
•• 2021 - 2024 (First Period).
•• 2024 – 2027 (Second Period). Work Experience
•• Member of the Sharia Supervisory Board of PT Bank
Share Ownership Syariah Indonesia Tbk, 2021-present.
None. •• Chairman of the Sharia Supervisory Board of PT Bank
Syariah Indonesia Tbk, 2021.
Educational Background •• Chairman of the Sharia Supervisory Board of the Sharia
•• Bachelor of Sharia from IAIN / UIN Syarief Hidayatullah Business Unit of PT Asuransi Jiwa Manulife Indonesia,
Jakarta (1992). 2020-2024.
•• Master of Law from the College of Law: Institute of •• Chairman of the Sharia Supervisory Board of the
Business Law and Legal Management Jakarta (2004). Sharia Business Unit of PT Asuransi Allianz Life Syariah
•• Doctor of Islamic Economics and Finance from Indonesia, 2023-present.
Trisakti University (2014). •• Chairman of the Sharia Supervisory Board of PT Bank
Syariah Mandiri, 2019-2021.
Certification •• Member of the Sharia Supervisory Board of the Sharia
•• Ijtima’ Sanawi (Annual Meeting) of the DPS–DSN MUI Business Unit of PT Bank Tabungan Negara Syariah
(2023). Tbk, 2018-2023.
•• Training & Courtesy Visit on Transaction Banking to •• Chairman of the Sharia Supervisory Board of the
Saudi Arabia (2024). Sharia Business Unit of PT Asuransi BRI Life Syariah,
•• Top Executive Learning Program (TELP) – Series II 2017-present.
(2024).
•• BSMR Induction Program for the Sharia Supervisory Concurrent Positions
Board and Sharia Committee Level 4 (2024). Other Public Companies: Member of the Sharia
•• BSMR Level 4 Refresher Program (2024). Supervisory Board of the Sharia Business Unit (UUS) of
•• Pre-Ijtima’ Sanawi (Annual Meeting) Workshop for the PT Bank Danamon Indonesia Tbk, 2002–present.
9th Sharia Supervisory Board (DPS IX) in the Islamic
Commercial Bank and Sharia Business Unit Sector Other Institutions:
(2024). •• Member of the Central Executive Board (DPP) of the
•• Foreign Exchange Transaction Training for the Sharia Indonesian Association of Islamic Economists (IAEI),
Supervisory Board (2024). 2025–2030.
•• Ijtima’ Sanawi (Annual Meeting) of the 20th Sharia •• Chairman of the Board of Experts of ASBISINDO,
Supervisory Board (DPS XX) (2024). 2024–2027.
•• Top Executive Learning Program (TELP) – December •• Chairman of the Sharia Supervisory Board of the
2024. Sharia Business Unit of PT Asuransi Allianz Life Syariah
•• Sharing Session at the National Working Meeting Indonesia, 2023–present.
(RAKERNAS) of PT Bank Syariah Indonesia Tbk by •• Chairman of the Sharia Supervisory Board of the
Juan Hasang, Enterprise Solution Architect Manager, Sharia Business Unit of PT Asuransi BRI Life Syariah,
AWS Indonesia (2025). 2017–present.
•• Workshop on Contracts and Sharia Compliance of BSI •• Chairman of the Daily Executive Board of the National
Gold Bank Products (2024). Sharia Council of the Indonesian Ulema Council (DSN–
•• Indonesian Insurance Summit – Insurance Seminar MUI), 2020–present.
(2025). •• Chairman of the Sharia Supervisory Board of PT Sarana
•• Top Executive Learning Program (TELP) Series I Multigriya Finansial (Persero), 2018–present.
Training, 2025. •• Chairman of the Sharia Supervisory Board of PT Toyota
•• General Business English Course (2025). Astra Finance Services, 2012–present.
•• Comprehensive Wholesale Products Workshop (2025). ••
•• Pre-Ijtima’ Sanawi (Annual Meeting) Workshop for the Affiliate Relationship:
None.
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PROFILE OF THE SHARIAH SUPERVISORY BOARD
DR. H. ONI SAHRONI, MA
Member of the Sharia Supervisory Board
Indonesian Citizen
Born in Serang, in 1975.
Age 50 years old as of December 2025.
Domiciled in Depok, Indonesia
Appointment History •• Top Executive Learning Program (TELP) Series I
Appointed as a Member of the Supervisory Board for Training, 2025
the first period through the EGMS on December 15, •• General Business English Course (2025)
2020 and effectively served on February 1, 2021. He •• Comprehensive Wholesale Products Workshop
was reappointed at the 2024 Annual GMS on May 17, (2025)
2024. •• Pre-Ijtima’ Sanawi (Annual Meeting) Workshop
for the 10th Sharia Supervisory Board (DPS X) in
Term of Office the Islamic Commercial Bank and Sharia Business
•• 2021 - 2024 (First Period). Unit Sector (2025)
•• 2024 – 2027 (Second Period). •• Ijtima’ Sanawi (Annual Meeting) of the 21st Sharia
Supervisory Board (DPS XXI) (2025)
Share Ownership •• Palm Oil Industry Focus Mastery Training, Batch
None. 2 (2025)
•• Top Executive Learning Program (TELP) – Series
Educational Background I: Digital Banking Transformation, Speaker: Mr.
•• Bachelor of Islamic Sharia from Al-Azhar Jahja Setiatmadja (President Commissioner of
University, Cairo, Egypt (2000). BCA) (2025)
•• Master of Fiqh Muqaran from Al-Azhar University, •• Induction Program for Risk Management
Cairo, Egypt (2005). Certification Level 5 (2025)
•• Doctor of Fiqh Muqaran from Al-Azhar University,
Cairo, Egypt (2009). Work Experience
•• Member of the Sharia Supervisory Board of PT
Certification Bank Syariah Indonesia Tbk, 2021-present.
•• Top Executive Learning Program (TELP) – Series II •• Member of the Sharia Supervisory Board, PT Bank
(2024) Syariah Mandiri, 2020-2021.
•• OJK Socialization on the Guidelines for Musyarakah •• Member of the Sharia Supervisory Board, Maybank
Financing Products (2024) Islamic Berhard Syariah, 2018- 2020.
•• BSMR Induction Program for the Sharia •• Member of the Sharia Supervisory Board of the
Supervisory Board and Sharia Committee Level 4 Sharia Business Unit, PT Bank Maybank Indonesia
(2024) Tbk, 2017-2020.
•• BSMR Level 4 Refresher Program (2024) •• Member of the Sharia Supervisory Board of PT
•• Pre-Ijtima’ Sanawi (Annual Meeting) Workshop BNP Paribas Investment Partners, 2016-present.
for the 9th Sharia Supervisory Board (DPS IX) in •• Member of the Sharia Supervisory Board of the
the Islamic Commercial Bank and Sharia Business Sharia Business Unit, PT Adira Dinamika Multi
Unit Sector (2024) Finance Tbk, 2012-2021.
•• Foreign Exchange Transaction Training for the
Sharia Supervisory Board (2024) Concurrent Positions
•• Ijtima’ Sanawi (Annual Meeting) of the 20th Sharia Other Public Companies: None.
Supervisory Board (DPS XX) (2024)
•• Top Executive Learning Program (TELP) – Other Institutions:
December 2024 •• Member of the Sharia Supervisory Board of PT
•• SEOJK Socialization on Sharia Governance for BNP Paribas Investment Partners (2016-present).
Islamic Commercial Banks (BUS) and Sharia •• Chairman of the Sharia Supervisory Board of LAZ
Business Units (UUS) (2025) Indonesian Zakat Initiative (IZI) (2016 - present).
•• Sharing Session at the National Working Meeting
(RAKERNAS) of PT Bank Syariah Indonesia Tbk Affiliate Relationship:
by Juan Hasang, Enterprise Solution Architect None.
Manager, AWS Indonesia (2025)
•• Workshop on Contracts and Sharia Compliance of
BSI Gold Bank Products (2024)
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
PROFILE OF THE SHARIAH SUPERVISORY BOARD
PROF. DR. JAIH MUBARAK, SE, MH. M.AG
Member of the Sharia Supervisory Board
Indonesian Citizen
Born in Bogor, in 1967.
Age 58 years as of December 2025.
Domiciled in Bandung, Indonesia
Appointment History •• Workshop on Contracts and Sharia Compliance of
Appointed as a Member of the Sharia Supervisory Board BSI Gold Bank Products (2025).
for the first period through the GMS on May 17, 2024 •• Top Executive Learning Program (TELP) Series I
and effectively served on May 17, 2024 and received an Training, 2025.
effective decision from the OJK on October 14, 2024. •• General Business English Course (Elementary Level)
(2025).
Term of Office ••
Comprehensive Wholesale Products Workshop
2024 – 2027 (First Period). (2025).
••
Pre-Ijtima’ Sanawi (Annual Meeting) Workshop for
Share Ownership the 10th Sharia Supervisory Board (DPS X) in the
None. Islamic Commercial Bank and Sharia Business Unit
Sector (2025).
Educational Background ••
Ijtima’ Sanawi (Annual Meeting) of the 21st Sharia
•• Bachelor of Sharia from the Faculty of Sharia, Supervisory Board (DPS XXI) (2025).
Department of Religious Courts, IAIN Sunan Gunung •• Top Executive Learning Program (TELP) – Series I
Djati Bandung (1991). (2025).
•• Bachelor of Economics from the Faculty of •• Induction Program for Risk Management Certification
Economics, Ars International University (2009). Level 5 (2025).
•• Master of Religion from UIN Syarif Hidayatullah
(formerly IAIN), Jakarta (1995). Work Experience
•• Master of Law from Djuanda University Bogor (2010). •• Member of the Sharia Supervisory Board of PT Bank
•• Doctorate from UIN Syarif Hidayatullah (formerly Syariah Indonesia Tbk, 2024-present.
IAIN), Jakarta (1999). •• Chairman of the DPS of Bank BJB Syariah, 2022-2024.
•• Professor of the Faculty of Sharia & Law at UIN Sunan
Certification Gunung Djati Bandung, 2022-present.
•• Holder of the Capital Market Sharia Expert License •• Member of the DPS of the BI Defined Contribution
(ASPM) based on OJK Decree No. Kep-09/PM.223/PJ- Pension Fund, 2022-present.
ASPM/2021 dated 18 May 2021. •• Member of the DPS of Bank Permata Sharia Business
•• Orientation Program for the Board of Commissioners Unit, 2014-present.
and Sharia Supervisory Board (2024). •• Chairman of the DPS of Al - Amin Insurance,
•• BSMR Induction Program for the Sharia Supervisory 2010-present.
Board and Sharia Committee Level 4 (2024).
•• Executive Overview of Islamic Banking Seminar Concurrent Positions
(2024). Other Public Companies: None.
•• BSMR Level 4 Refresher Program with ASBISINDO
(2024). Other Institutions:
•• Pre-Ijtima’ Sanawi (Annual Meeting) Workshop for •• Member of the DPS of the BI Defined Contribution
the 9th Sharia Supervisory Board (DPS IX) in the Pension Fund (2022-present).
Islamic Commercial Bank and Sharia Business Unit •• Professor of the Faculty of Sharia & Law at UIN Sunan
Sector (2024). Gunung Djati Bandung (2022-present).
•• Foreign Exchange Transaction Training for the Sharia •• Member of the DPS of Bank Permata Sharia Business
Supervisory Board (2024). Unit (2014-present).
•• Ijtima’ Sanawi (Annual Meeting) of the 20th Sharia •• Head of the DPS of Al - Amin Insurance (2010-present).
Supervisory Board (DPS XX) (2024). •• Secretary of the DSN Hariah Implementation Agency
•• Top Executive Learning Program (TELP) – December of the Indonesian Ulema Council (2020-present).
2024: Execution Matters: Plans That Change Nothing •• Deputy Secretary of the MUI Fatwa Commission
(2024). (2020-2025)
•• Sharing Session at the National Working Meeting •• Member of the Sharia Supervisory Board of the BI
(RAKERNAS) of PT Bank Syariah Indonesia Tbk by Defined Contribution Pension Fund (2022-2024).
Juan Hasang, Enterprise Solution Architect Manager,
AWS Indonesia, Topic: Bank of the Future (2024). Affiliate Relationship:
None.
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
PROFILE OF THE SHARIAH SUPERVISORY BOARD
DR. KH. ABDUL GHOFUR MAIMOEN, M.A.
Member of the Sharia Supervisory Board
Indonesian Citizen
Born in Rembang, in 1973.
Age 52 years old as of December 2025.
Gondan Rojo, Rembang, Indonesia Domiciled in
Appointment History Meeting (RAKERNAS) of PT Bank Syariah
Appointed as a Member of the Sharia Supervisory Indonesia Tbk by Juan Hasang, Enterprise
Board for the first period through the GMS on May Solution Architect Manager, AWS Indonesia,
17, 2024, and effectively served on May 17, 2024, Topic: Bank of the Future (2024)
and received an effective decision from the OJK •• Workshop on Contracts and Sharia Compliance
on Januari 9, 2025. of BSI Gold Bank Products (2025)
•• General Business English Course (Elementary
Term of Office Level) (2025)
2024 – 2027 (First Period). •• Pre-Ijtima’ Sanawi (Annual Meeting) Workshop
for the 10th Sharia Supervisory Board (DPS X)
Share Ownership in the Islamic Commercial Bank and Sharia
None. Business Unit Sector (2025)
•• Ijtima’ Sanawi (Annual Meeting) of the 21st
Educational Background Sharia Supervisory Board (DPS XXI), 2025
•• Bachelor of Tafsir and Ulumul Qur’an from Al ••
Induction Program for Risk Management
Azhar University, Cairo, Egypt (1998). Certification Level 5 (2025)
•• Master of Tafsir and Ulumul Qur’an from Al
Azhar University, Cairo, Egypt (2004). Work Experience
•• Doctor of Tafsir and Ulumul Qur’an from Al •• Member of the Sharia Supervisory Board of PT
Azhar University, Cairo, Egypt (2010). Bank Syariah Indonesia Tbk, 2024-present.
•• Member of the Rois Syuriah PBNU, 2022-2024.
Certification •• Member of the MUI Fatwa Commission, 2020-
•• Orientation Program for the Board of 2025.
Commissioners and Sharia Supervisory Board •• Member of the Katib Syuriah PBNU, 2018-2022.
(2024) •• Member of the Daily Management of DSN MUI,
•• BSMR Induction Program for the Sharia 2016-present.
Supervisory Board and Sharia Committee Level •• Head of STAI Al Anwar Serang Rembang,
4 (2024) 2012-present.
•• Executive Overview of Islamic Banking Seminar
(2024) Concurrent Positions
•• Basic Training on Muamalah Maaliyah and Other Public Companies: None.
DSN–MUI Fatwas, Day 2: DSN-related Materials
•• Orientation for Basic Training of Sharia Other Institutions:
Supervisors in Islamic Banking •• Member of the MUI DSN Daily Management
•• Basic Training for Sharia Supervisors in Islamic (2016-present).
Banking (PDPS): Introductory Materials and •• Chairman of STAI Al Anwar Serang Rembang
Islamic Banking Regulations (2012-present).
•• BSMR Level 4 Refresher Program with
ASBISINDO Affiliate Relationship:
•• Ijtima’ Sanawi (Annual Meeting) of the 20th None.
Sharia Supervisory Board (DPS XX), 2024
•• Sharing Session at the National Working
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CHANGES IN THE SHARIAH
SUPERVISORY BOARD COMPOSITION
Changes in the Sharia Supervisory Board Composition and the Reasons
Throughout 2025, there were no changes to the composition of the Sharia Supervisory Board.
Sharia Supervisory Board Composition as of December 31, 2025
As of December 31, 2025, the Sharia Supervisory Board consisted of 5 (five) members, comprising 1 (one)
Chairman and 4 (four) members, as follows:
Table of Composition and Basis of Appointment of the Board of Syariah Supervisory Year 2025
Name Position Executor Basis of Appointment Effective Date
Chairman of the
Extraordinary GMS on
Prof. Dr. KH. Hasanudin, M.Ag Sharia Supervisory OJK February 1, 2021
December 15, 2020
Board
Member of the Sharia Extraordinary GMS on February 1, 2021
DR. H. Mohamad Hidayat, MBA, M.H OJK
Supervisory Board December 15, 2020
Member of the Sharia Extraordinary GMS on February 1, 2021
Dr. H. Oni Sahroni, MA OJK
Supervisory Board December 15, 2020
Member of the Sharia Annual GMS on May 17,
Dr. KH. Abdul Ghofur Maimoen, M.A. OJK January 10, 2025
Supervisory Board 2024
Member of the Sharia Annual GMS on May 17,
Prof. Dr. Jaih Mubarok, SE, M.H, M.Ag OJK October 14, 2024
Supervisory Board 2024
ANNUAL REPORT 2025
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
EXECUTIVE OFFICERS PROFILE
PROFILE OF SENIOR EXECUTIVE VICE PRESIDENT INTERNAL (SEVP)
WAWAN SETIAWAN
Senior Executive Vice President (SEVP)
Consumer Product Solution
Indonesian Citizen
51 years old as of December 31, 2025
Domicile in South Tangerang, Indonesia
Educational Background •• Vice President, Regional Retail Head of
•• Bachelor of Civil Engineering, University of Sumatra II Regional Office, Palembang PT
Indonesia (1997). Bank Mandiri (Persero) Tbk, 2015-2016.
•• Master of Management, PPM School of •• Vice President, Deputy Regional Manager of
Management, Jakarta (2000) Central Java – DIY Regional Office, Semarang
PT Bank Mandiri (Persero) Tbk, 2014-2015.
Work Experience
•• Senior Executive Vice President (SEVP) Retail Legal Basis for Appointment
Banking PT Bank Syariah Mandiri, 2019-2021. Directors Decree No. 2021/64317-SK/HC-BSI
•• Senior Vice President, Micro Banking Group February 1, 2021.
Head PT Bank Mandiri (Persero) Tbk, 2016-2019.
ADE HASBALLAH ABDULLAH
Senior Executive Vice President (SEVP)
Internal Audit
Indonesian Citizen
56 years old as of December 31, 2025
Domicile in Bekasi, Indonesia
Educational Background •• Acting Regional CEO II Sumatera 2, Region II
•• Bachelor of Economics in Accounting from Sumatera 2, PT Bank Mandiri (Persero) Tbk,
Syiah Kuala University (1993). 2021–2022.
•• Master of Business Administration from •• Regional Transaction & Consumer Head
Gadjah Mada University (2008). II, Region II Sumatera 2, PT Bank Mandiri
(Persero) Tbk, 2021.
Work Experience •• Acting Regional Transaction & Consumer
•• Senior Executive Vice President (SEVP) Internal Head, Region II Sumatera 2, PT Bank Mandiri
Audit, PT Bank Syariah Indonesia Tbk, 2025. (Persero) Tbk, 2020–2021.
•• Chief Auditor Retail Audit, PT Bank Mandiri
(Persero) Tbk, 2023–2025. Legal Basis for Appointment
•• Regional CEO II Sumatera 2, Region II Directors Decree No. 05/578-KEP/DIR, August 13,
Sumatera 2, PT Bank Mandiri (Persero) Tbk, 2025
2022–2023.
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EXECUTIVE OFFICERS PROFILE
ANA NURUL KHAYATI
Senior Executive Vice President (SEVP)
Operations
Indonesian Citizen
Domicile in Depok, Indonesia
53 years old as of December 31, 2025
Educational Background •• Distribution & Strategy Group Head, PT Bank
•• Bachelor of Law from Gadjah Mada University Syariah Indonesia Tbk, 2023–2024.
(1992–1997). •• Audit Policy & Counterpart Group Head, PT
•• Master of Notarial Law from the University of Bank Syariah Indonesia Tbk, 2022–2023.
Indonesia (2004–2006). •• Policy & Procedure Group Head, PT Bank
Syariah Mandiri, 2015–2021.
Work Experience
•• Senior Executive Vice President (SEVP) Legal Basis for Appointment
Operations, PT Bank Syariah Indonesia Tbk, Directors Decree No. 04/221-KEP/DIR dated June
2024–present. 7, 2024.
SAUT PARULIAN SARAGIH
Senior Executive Vice President (SEVP)
IT Development & Operations
Indonesian Citizen
51 years old as of December 31, 2025
Domicile in Depok, Indonesia
Educational Background •• Executive Vice President - Head of Strategy
•• Bachelor of Industrial Engineering from Bank CIMB Niaga, 2019-2020.
Bandung Institute of Technology (1996). •• Director - Strategy and Business Development
•• Master of Business Administration from OVO PT Visionet Internasional, 2017-2019.
London Business School (2008). •• Head of Business Development Sampoerna
AGRO, 2014-2017.
Work Experience
•• Senior Executive Vice President (SEVP) of IT Legal Basis for Appointment
Development & Operations PT Bank Syariah Directors Decree No. 05/640-KEP/DIR dated
Indonesia Tbk, 2021–present. September 9, 2025.
•• Executive Vice President - Head of Strategy,
Investor Relations and Partnerships Bank Share Ownership
CIMB Niaga, 2020-2021. None
ANNUAL REPORT 2025
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
EXECUTIVE OFFICERS PROFILE
FIRMAN JATNIKA
Senior Executive Vice President (SEVP)
Retail & Consumer Risk
Indonesian Citizen
56 years old as of December 31, 2025
Domicile in South Jakarta, Indonesia
Educational Background •• Group Head Distribution Strategy Group, PT
•• Bachelor of Development Economics, Bank Syariah Mandiri, 2019-2021.
Padjajaran University (1989-1995). •• Group Head Learning Center Mandiri Syariah
•• Master of Economics, University of Indonesia University, PT Bank Syariah Mandiri, 2016-2019.
(2001-2005). •• Head of Team, Branch and People Productivity
•• Doctor of Strategic Management, Padjajaran Enhancement Program, PT Bank Syariah
University (2014-2019). Mandiri, 2015-2016.
Work Experience Legal Basis for Appointment
•• SEVP Retail & Consumer Risk PT Bank Syariah Directors Decree No. 05/10342-SK/HC-BSI dated
Indonesia Tbk, 2025. July 8, 2025.
•• SEVP Human Capital, PT Bank Syariah
Indonesia Tbk, 2024-2025. Share Ownership
•• Regional CEO Surabaya, PT Bank Syariah 9,091.79 stock sheet
Indonesia Tbk, 2021-2024.
ALI
Senior Executive Vice President
(SEVP) Wholesale Risk
Indonesian Citizen
47 years old as of December 31, 2025
Domicile in Jakarta, Indonesia
Educational Background •• Executive Risk & Recovery Officer, PT Bank
•• Bachelor of Industrial Engineering from Syariah Indonesia Tbk, 2021.
Institute Technology of Sepuluh Nopember •• Business Risk Division Head, PT Bank BNI
(1997-2002). Syariah, 2020–2021.
•• Master of Financial Management from •• Special Assignment Senior Manager, Human
University of Brawijaya (2006-2008). Capital Division, PT Bank BNI Syariah, 2020.
•• Treasury & International Division Head, PT
Work Experience Bank BNI Syariah, 2019–2020.
•• Senior Executive Vice President (SEVP)
Wholesale Risk, PT Bank Syariah Indonesia Legal Basis for Appointment
Tbk, 2025. Directors Decree No. 05/458-KEP/DIR June 30,
•• Corporate Risk Group Head, PT Bank Syariah 2025.
Indonesia Tbk, 2024–2025.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
EXECUTIVE OFFICERS PROFILE
IDA TRIANA WIDAWATI
Senior Executive Vice President
Internal (SEVP) Funding & Transaction
Indonesian Citizen
55 years old as of December 31, 2025
Domicile Jakarta, Indonesia
Educational Background •• Institutional Banking Group Head, PT Bank
•• Bachelor Degree Sekolah Tinggi Hukum Syariah Indonesia Tbk, 2021–2025.
Bandung (1989-1993) •• Project Leader – Project Darussalam, PT Bank
Syariah Indonesia Tbk, 2021.
Work Experience •• Institutional Banking 1 Group Head, PT Bank
•• Senior Executive Vice President (SEVP) Syariah Indonesia Tbk, 2020.
Funding & Transaction, PT Bank Syariah •• Retail Funding Division, PT Bank BNI Syariah,
Indonesia Tbk, 2025-present. 2020.
•• • Project Leader – Head Office Support Stream
Merge Outlet, PT Bank Syariah Indonesia Tbk, Legal Basis for Appointment
2022. Directors Decree No. 05/458-KEP/DIR dated June
30, 2025.
M. MISBAHUL MUNIR
Senior Executive Vice President
(SEVP) Digital Banking
Indonesian Citizen
54 years old as of December 31, 2025
Domicile Bekasi, Indonesia
Educational Background •• Project Management Office for Core Banking
•• Bachelor of Engineering from Gadjah Mada Modernization, PT Bank Syariah Indonesia Tbk,
University (1995). 2025.
•• Master of Management from Gadjah Mada •• IT Strategic Planning Group Head, PT Bank
University (1997). Syariah Indonesia Tbk, 2024.
•• Corporate Transformation Office Group Head,
Work Experience PT Bank Syariah Indonesia Tbk, 2023–2024.
•• Senior Executive Vice President (SEVP) Digital •• Strategic Planning Division Head, PT Bank BNI
Banking, PT Bank Syariah Indonesia Tbk, 2025. Syariah, 2016–2021.
•• Senior Executive Vice President (SEVP) IT
Development & Operations, PT Bank Syariah Legal Basis for Appointment
Indonesia Tbk, 2025. Directors Decree No. 05/640-KEP/DIR dated
•• Senior Executive Vice President (SEVP) September 9, 2025.
Information Technology, PT Bank Syariah
Indonesia Tbk, 2025.
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
PROFILE OF EXECUTIVE OFFICERS
No. Nama Position Level
1. Denny Kurniawan AML - CFT Group Head
2. Peby Elan Surya Diningrat BSI Corporate University Group Head
3. Riko Wardhana Bullion Business Group Head
4. Arief Sunandar Business Continuity Management Group Head
5. Bayu Isnandar Business Transformation Group Head
6. Arief Satiana Card Business Group Head
7. Agustini Fitriah Cash & Trade Operations Group Head
8. Banjaran Surya Indrastomo Chief Economist
9. Andri Purnomo Chief Information Security Officer
10. Fenny Aslinda Commercial Business 1 Group Head
11. Tengku Abdullah Sani Commercial Business 2 Group Head
12. Diar Fitrada Commercial Risk Group Head
13. Rosalina Dewi T Compliance Group Head
14. Praka Mulia Agung Consumer Business 1 (Secured) Group Head
15. I Gusti Ngurah Bramantya Ardana Consumer Risk Group Head
16. Indra G Kampono Corporate Business 1 Group Head
17. Fiti Syam Corporate Business 2 Group Head
18. Silmi Akbar Ghania Permana Corporate Business 3 Group Head
19. Jiwo Sukarno Corporate Development Group Head
20. Priyo Hartono Corporate Finance & Accounting Group Head
21. Ferry Hendrawan Corporate Finance & Solution Group Head
22. Budiyono Corporate Risk Group Head
23. Wisnu Sunandar Corporate Secretary & Communication Group Head
24. Aji Wibowo Corporate Transformation Office Group Head
25. Nurdiana Habibie Customer Care Group Head
26. Andy Puguh Nugroho Data & AI Strategy Group Head
27. Khoirul Huda S Riyadi Data Protection Group Head
28. Wijayanto Digital Banking & E-Channel Operations Group Head
29. Astri Yunfia Digital Banking Retail Group Head
30. Cera Wirastuti Digital Banking Wholesale Group Head
31. Gunawan Arief Hartoyo Distribution Strategy Group Head
32. Agus Setiyo Budi Enterprise Risk Management Group Head
33. Rima Dwi Permatasari Environmental, Social & Governance Group Head
34. Yoana Irawati Executive Business Officer
35. Mahendra Nusanto S Executive Business Officer
36. Astridiana Sjamanti Executive Business Officer
37. Ricky Ruswandi Executive Business Officer
38. Joni Haryanto Executive Business Officer
39. Indriati Tri Handayani Executive Risk & Recovery Officer - Support Litigasi Recovery
40. Arief Budiman Executive Risk & Recovery Officer Retail & Consumer (ERO-R)
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
PROFILE OF EXECUTIVE OFFICERS
No. Nama Position Level
41. Maisur Hilmi Executive Risk & Recovery Officer Wholesale (ERO-W)
42. Alhuda Dj Financing Center Group Head
43. Yan Rasdiansyah Financing Operations Group Head
44. Ilyas Ibrahim Gold & Pawning Business Group Head
45. Sylvia Azis Human Capital Business Partner 1 Group Head
46. Sufitri Devi Human Capital Business Partner 2 Group Head
47. Bambang Sutrisno Human Capital Services Group Head
48. Teszy Mira Eka Kusuma Human Capital Strategy & Policy Group Head
49. Vita Andrianty Institutional Banking Group Head
50. Ir Anna Kristanty International & Financial Institution Group Head
51. Rizky Budinanda Investor Relation Group Head
52. Muhammad Syukron Habiby Islamic Ecosystem Solution Group Head
53. Sandy Prasetya Hadi IT & Digital Development Group Head
54. Bayu Hasdianto IT & Fraud Risk Group Head
55. Rendy Ferdiansyah IT Application Support Group Head
56. Arif Jatmoko IT Audit Group Head
57. Zaldy Suhatman IT Operations Group Head
58. Ika Kartika Johan IT Strategic Planning Group Head
59. Netty Susanty Legal Group Head
60. Muhammad Arif Gunawan Marketing Communication Group Head
61. Adjat Djatnika Basarah Micro Business Group Head
62. Wiwien Faulina Rahmawaty Policy & Procedure Group Head
63. Yuwono Procurement & Fixed Asset Group Head
64. Deden Durachman Regional CEO
65. Ari Yusnairy Muslim Regional CEO
66. Sukma Dwie Priardi Regional CEO
67. Fitria Ekayani Regional CEO
68. Ficko Hardowiseto Regional CEO
69. Imsak Ramadhan Regional CEO
70. Jajang Abdul Karim Regional CEO
71. Sefudin Suria Hidayat Regional CEO
72. Affan Mawardi Regional CEO
73. Taufan Anshari Regional CEO
74. Immadha Handy Kusuma Retail Collection, Restructuring & Recovery Group Head
75. Dien Lukita Purnamasari Retail Deposit Solution Group Head
76. Agus Subekti Retail, Distribution & Digital Banking Audit Group Head
77. Arjuka Senior Operational Risk Head Corporate Center
78. Yasrul Senior Operational Risk Head Distribution & Retail
79. Yudha Aditya Senior Operational Risk Head IT
80. Dwi Hesti Mulyaningrum Senior Operational Risk Head Operations
ANNUAL REPORT 2025
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
PROFILE OF EXECUTIVE OFFICERS
No. Nama Position Level
81. Zulaicha Senior Operational Risk Head Wholesale
82. Agus Tomi SME & Micro Risk Group Head
83. Risqi Widayat SME Business Group Head
84. Diaz Hartadi Strategic Planning & Performance Management Group Head
85. Dickman Maulana Transaction Banking Retail Group Head
86. Fajar Ari Setiawan Transaction Banking Wholesale Group Head
87. Kemal Aditya Treasury & Global Market Group Head
88. Asri Natanegeri Wealth Management Group Head
89. Movianto Wholesale & Corporate Center Audit Group Head
90. Kurniawan Eko Budi P. Wholesale Collection, Restructuring & Recovery Group Head
PROFILE OF EMPLOYEE
Employees by Gender
(in person)
Gender 2024 2025
Male 10,168 9,798
Female 7,066 6,783
Total 17,234 16,581
Employees by Job Position
(in person)
Position 2024 2025
Job Position
Level Male Female Total Male Female Total
Group Head, Regional Head,
N2 69 26 95 67 25 92
Project Manager
Dean, Area Manager, Dept
N3 371 112 483 412 132 544
Head, Manager
Manager, Team Leader &
N4 1,785 578 2,363 1,851 632 2,483
Branch Manager, Sec, Head
Relationship Officer, Branch
N5 Manager (Cash Outlet 3,587 2,189 5,776 3,510 2,170 5,680
Manager), Officer, ODP
Staff/Executor/Basic
N6 4,356 4,161 8,517 3,958 3,824 7,782
Employee
Total 10,168 7,066 17,234 9,798 9,798 6,783
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
PROFILE OF EXECUTIVE OFFICERS
Employees by Age Range
(in person)
2024 2025
Age Range
Male Female Total Male Female Total
18-25 Years Old 137 221 358 215 231 446
26-35 Yeas Old 3,722 3,870 7,592 3,056 3,261 6,317
36-45 Yeas Old 5,077 2,578 7,655 5,189 2,817 8,006
Above 45 Yeas Old 1,232 397 1,629 1,338 474 1,812
Total 10,168 7,066 17,234 9,798 6,783 16,581
Employees By Education Level
(in person)
2024 2025
Education Level
Male Female Total Male Female Total
Senior High School 25 4 29 23 6 29
Diploma 829 743 1,572 747 675 1,422
Bachelor Degree 8,610 5,993 14,603 8,307 5,753 14,060
Master Degree 693 323 1,016 710 345 1,055
Doctoral Degree 11 3 14 11 4 15
Total 10,168 7,066 17,234 9,798 6,783 16,581
Employees by Employment Status
(in person)
2024* 2025
Employment Status
Male Female Total Male Female Total
Permanent Employees 9,860 6,831 16,691 9,625 6,649 16,274
Contract Employees 308 235 543 173 134 307
Outsourcing 5,746 994 6,740 6,798 6,783 16,581
Total 15,914 8,060 23,974 16,596 13,566 33,162
Notes: *restatement
ANNUAL REPORT 2025
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
SHAREHOLDERS COMPOSITION
LIST OF SHAREHOLDERS
Shareholders List as of January 1, 2025
Nominal Value of Rp500 per Share
Shareholders Number of Shares Ownership (%)
Nominal (Rp)
(sheets)
AUTHORIZED CAPITAL 80,000,000,000 40,000,000,000,000
Series A Dwiwarna Shares
Republic of Indonesia 1 500 0.00
Series B Shares
PT Bank Mandiri (Persero) Tbk 23,740,608,436 11,870,304,218,000 51.47
PT Bank Negara Indonesia (Persero) Tbk 10,720,230,418 5,360,115,209,000 23.24
PT Bank Rakyat Indonesia (Persero) Tbk 7,092,761,655 3,546,380,827,500 15.38
Public 4,560,108,228 2,280,054,114,000 9.90
ISSUED AND PAID-UP CAPITAL 46,129,260,138 23,064,630,069,000 100.00
SHARES IN PORTEPEL 33,870,739,862 16,935,369,931,000
Shareholders List as of December 31, 2025
Nominal Value of Rp500 per Share
Shareholders Number of Shares Ownership (%)
Nominal (Rp)
(sheets)
AUTHORIZED CAPITAL 80,000,000,000 40,000,000,000,000
Series A Dwiwarna Shares
Republic of Indonesia 1 500 0.00
Series B Shares
PT Bank Mandiri (Persero) Tbk 23,740,608,436 11,870,304,218,000 51.47
PT Bank Negara Indonesia (Persero) Tbk 10,720,230,418 5,360,115,209,000 23.24
PT Bank Rakyat Indonesia (Persero) Tbk 7,092,761,655 3,546,380,827,500 15.38
Public 4,568,197,426 2,284,098,713,500 9.90
ISSUED AND PAID-UP CAPITAL 46,129,260,138 23,064,630,069,000 100.00
SHARES IN PORTEPEL 33,870,739,862 16,935,369,931,000
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
SHAREHOLDERS COMPOSITION
SHAREHOLDERS COMPOSITION BY OWNERSHIP STATUS
Shareholder Composition Based on Ownership Status as of January 1, 2025
Number of
Shareholders Total Shares Ownership (%)
Shareholders
National
Republic of Indonesia 1 1 0.00000
Limited Liability Company 105 13,202,748 0.02862
Pension Fund 69 417,970,398 0.90609
Foundation 16 184,489,885 0.39994
Mutual Fund 183 482,446,859 1.04586
Insurance 151 444,061,001 0.96264
Cooperative 9 399,300 0.00087
Indonesian Individual 119.208 903,265,377 1.95812
Bank 6 41,558,600,698 90.09163
Sub Total 119.748 44,004,436,267 95.39376
Foreign
Foreign Business Entity 245 2,122,440,594 4.60107
Foreign Individual 98 2,383,277 0.00517
Sub Total 343 2,124,823,871 4.60624
TOTAL 120,091 46,129,260,138 100.00000%
Shareholder Composition Based on Ownership Status as of December 31, 2025
Number of
Shareholders Total Shares Ownership (%)
Shareholders
National
Republic of Indonesia 1 1 0.00000
Limited Liability Company 144 18,422,906 0.03994
Pension Fund 51 421,594,531 0.91394
Foundation 22 152,234,482 0.33002
Mutual Fund 108 139,350,328 0.30209
Insurance 90 148,334,366 0.32156
Cooperative 10 702,094 0.00152
Indonesian Individual 134,541 947,221,765 2.05341
Bank 6 41,559,335,598 90.09322
Sub Total 134,973 43,387,196,071 94.05570
Foreign
Foreign Business Entity 222 2,741,553,226 5.94320
Foreign Individual 98 510,841 0.00111
Sub Total 320 2,742,064,067 5.94431
TOTAL 135,293 46,129,260,138 100.00000%
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SHAREHOLDERS COMPOSITION
COMPOSITION OF THE 20 LARGEST SHAREHOLDERS
Composition of 20 Largest BSI Shareholders as of January 1, 2025
Ownership
No. Investor Status Total Shares
(%)
1. PT BANK MANDIRI (PERSERO) TBK Bank 23,740,608,436 51.4654004
2. PT BNI (PERSERO) TBK-DIVISI PPA Bank 10,720,230,418 23.2395455
3. PT BANK RAKYAT INDONESIA (PERSERO) TBK Bank 7,092,761,655 15.3758409
4. DPLK BANK RAKYAT INDONESIA - SAHAM Pension Fund 222,755,500 0.4828942
SYARIAH
5. CITIBANK NEW YORK S/A GOVERNMENT OF Foreign Business Entity 165,439,095 0.3586424
NORWAY
6. JPMCB NA RE-EMERGING MARKETS EQUITY Foreign Business Entity 127,432,800 0.2762516
FUND
7. JPMCB NA RE-EMERGING MARKETS GROWTH Foreign Business Entity 123,109,247 0.2668789
FUND
8. YAYASAN KESEJAHTERAAN PEKERJA BRI Foundation 120,921,942 0.2621372
9. SSB HG22 SMALLCAP WORLD FUND INC. -21839 Foreign Business Entity 109,635,200 0.2376695
10. PT. PRUDENTIAL LIFE ASSURANCE - REF Insurance 106,346,346 0.2305399
11. SUWANTARA GOTAMA Indonesian Individuals 105,000,000 0.2276213
12. BBH LUXEMBOURG S/A REDWHEEL FUNDS - Foreign Business Entity 93,847,600 0.2034448
REDW
13. SSB SBGL SWEDBANK ROBUR GLOBAL Foreign Business Entity 80,000,000 0.1734257
EMERGING
14. JP MORGAN SECURITIES PLC Foreign Business Entity 64,810,200 0.1404969
15. CITIBANK SINGAPORE S/A ART A/C PUBLIC AS Foreign Business Entity 62,606,600 0.1357199
16. JPMCB NA RE-VANGUARD TOTAL Foreign Business Entity 57,726,023 0.1251397
INTERNATIONAL
17. YAYASAN KESEJAHTERAAN PEKERJA BRI - Foundation 54,076,600 0.1172284
PROS
18. JPMCB NA RE - VANGUARD EMERGING Foreign Business Entity 53,769,690 0.1165631
MARKETS
19. REKSA DANA SUCORINVEST EQUITY FUND Mutual Funds 51,560,800 0.1117746
20. CITIBANK HONG KONG S/A KIA -FUND 208 Foreign Business Entity 51,324,700 0.1112628
Composition of 20 Largest BSI Shareholders as of December 31, 2025
Number of Ownership
No. Investor Name Status
Shares (%)
1. PT BANK MANDIRI (PERSERO) TBK Bank 23,740,608,438 51.4554004
2. PT BNI (PERSERO) TBK – DIVISI PPA Bank 10,720,230,418 23.2395455
3. PT BANK RAKYAT INDONESIA (PERSERO) TBK Bank 7,092,761,655 15.3758409
BNP PARIBAS N.Y. B.E. EMPLOYEES PROVIDENT
4. Foreign Entity 539,878,300 1.17035985
BOARD
SSB 25KG FIDELITY INVESTMENT INST. FIDELITY
5. Foreign Entity 216,079,034 0.4684206
SFMDF
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
SHAREHOLDERS COMPOSITION
Number of Ownership
No. Investor Name Status
Shares (%)
DPLK BANK RAKYAT INDONESIA A – SAHAM
6. Pension Fund 205,028,600 0.4446454
SYARIAH
SSB SBGI SWEDBANK ROBUR GLOBAL
7. Foreign Entity 125,905,000 0.2729336
EMERGING
8. NTIC – FIDELITY INVESTMENT TRUST – FIDELITY Foreign Entity 109,806,200 0.2380402
CITIBANK NEW YORK S/A GOVERNMENT OF
9. Foreign Entity 102,227,595 0.2216112
NORWAY
NTIC – FIDELITY INVESTMENT TRUST FIDELITY
10. Foreign Entity 94,928,541 0.2057881
EMERGING ASIA FUND
11. YAYASAN KESEJAHTERAAN PEKERJA BRI Foundation 92,247,242 0.1999756
BBH LUXEMBOURG S/A REDWHEEL FUNDS
12. – REDWHEEL NEXT GENERATION EMERGING Foreign Entity 89,973,900 0.1950474
MARKETS EQUITY
13. NTIC – FIDELITY INVESTMENT TRUST – FIDELITY Foreign Entity 86,888,710 0.1879256
CITIBANK SINGAPORE PTE. LTD. A/C PUBLIC
14. Foreign Entity 72,343,000 0.1568267
ISLAMIC ASEAN GROWTH FUND
NTIC – FAM EMERGING MARKETS
15. Foreign Entity 65,433,043 0.1418472
OPPORTUNITIES
CITIBANK NEW YORK S/A GOVERNMENT OF
16. Foreign Entity 57,638,000 0.1249489
NORWAY
17. CITIBANK HONG KONG S/A KIA FUND 208 Foreign Entity 51,324,700 0.1112828
18. PT TASPEN SYARIAH (PENSIUN) – FVPL Pension Fund 49,575,600 0.1074710
19. PT TASPEN SYARIAH (PENSIUN) – FVPL Pension Fund 49,406,800 0.1071051
JPMCB N.A. RE VANGUARD TOTAL
20. Foreign Entity 48,235,823 0.1045567
INTERNATIONAL STOCK INDEX FUND
COMPOSITION OF SHAREHOLDERS WITH 5% OR MORE OWNERSHIP
Shareholders with 5% or More Ownership per January 1, 2025
Shareholders Total Shares (sheets) Ownership (%)
PT Bank Mandiri (Persero) Tbk 23,740,608,436 51.47
PT Bank Negara Indonesia (Persero) Tbk 10,720,230,418 23.24
PT Bank Rakyat Indonesia (Persero) Tbk 7,092,761,655 15.38
Total 41,553,600,509 90.09
Shareholders with 5% or More Ownership per December 31, 2025
Shareholders Total Shares (sheets) Ownership (%)
PT Bank Mandiri (Persero) Tbk 23,740,608,436 51.47
PT Bank Negara Indonesia (Persero) Tbk 10,720,230,418 23.24
PT Bank Rakyat Indonesia (Persero) Tbk 7,092,761,655 15.38
Total 41,553,600,509 90.09
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
SHAREHOLDERS COMPOSITION
COMPOSITION OF PUBLIC SHAREHOLDERS WITH LESS THAN 5% OWNERSHIP
Public Shareholder Groups with Less Than 5% Ownership per January 1, 2025
Number of Number of Shares
Shareholders Ownership (%)
Shareholders (Sheets)
National
Republic of Indonesia 1 1 0.00000
Limited Liability Company 105 13,202,748 0.02862
Pension Fund 69 417,970,398 0.90609
Foundation 16 184,489,885 0.39994
Mutual Fund 183 482,446,859 1.04586
Insurance 151 444,061,001 0.96264
Cooperative 9 399,300 0.00087
Indonesian Individual 119,208 903,265,377 1.95812
Bank 3 5,000,089 0.01084
Sub Total 119,745 2,450.835,658 5.31297
Foreign
Foreign Business Entity 245 2,122,440,594 4.60107
Foreign Individual 98 2,383,277 0.00517
Sub Total 343 2,124,823,871 4.60624
TOTAL 120,088 4,575,659,529 9.91921%
Public Shareholders Composition Holding Less Than 5% per December 31, 2025
Number of Number of Shares
Shareholders Ownership (%)
Shareholders (Sheets)
National
Republic of Indonesia 1 1 0.00000
Limited Liability Company 144 18,422,906 0.40263
Pension Fund 51 421,594,531 9.21385
Foundation 22 152,234,482 3.32705
Mutual Fund 108 139,350,328 3.04547
Insurance 90 148,334,366 3.24181
Cooperative 10 702,094 0.01534
Indonesian Individual 134,541 947,221,765 2.05341
Bank 3 5,735,089 0.01243
Sub Total 134,970 1,833,595,562 3.97491
Foreign
Foreign Business Entity 222 2,741,553,226 5.94320
Foreign Individual 98 510,841 0.00111
Sub Total 320 2,742,064,067 5.94431
TOTAL 135,290 4,575,659,629 9.91921%
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
SHAREHOLDERS COMPOSITION
SHARE OWNERSHIP BY THE BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS
Share Ownership by the Board of Commissioners and Board of Directors of BSI per January 1, 2025
No. Name Position Total Shares Ownership (%)
Board of Commissioner
Muliaman Dharmansyah President Commissioner Concurrently
1. 0 0.00000%
Hadad Independent
Vice President Commissioner
2. Adiwarman Azwar Karim 0 0.00000%
Concurrently Independent
3. Komaruddin Hidayat Commissioner Independent 0 0.00000%
4. Felicitas Tallulembang Commissioner Independent 0 0.00000%
5. Mohamad Nasir Commissioner Independent 0 0.00000%
6. Suyanto Commissioner 1,086,400.00 0.00236%
7. Masduki Baidlowi Commissioner 1,086,400.00 0.00236%
8. Abu Rokhmad Commissioner 163,500.00 0.00035%
9. Fauzi Commissioner 115,000.00 0.00025%
10. Nazaruddin Commissioner 0 0.00000%
Board of Directors
1. Hery Gunardi President Director 3,354,400 0,00727%
2. Bob Tyasika Ananta Vice President Director 1,134,400 0,00246%
3. Tribuana Tunggadewi Compliance & Human Capital Director 2,280,100 0,00494%
4. Anton Sukarna Sales & Distribution Director 2,280,100 0,00494%
5. Ade Cahyo Nugraha Finance & Strategy Director 2,280,100 0,00494%
6. Zaidan Novari Wholesale Transaction Banking Director 1,071,400 0,00232%
Saladin Dharmanugraha
7. Information Technology Director 343,100 0,00074%
Effendi
Grandhis Helmi
8. Risk Management Director 343,100 0,00074%
Harumansyah
Treasury & International Banking
9. Ari Rizaldi 13,400 0,00003%
Director
10. Harry Gusti Utama Retail Banking Director 0 0,00000%
Share Ownership by the Board of Commissioners and Board of Directors of BSI per December 31, 2025
No. Name Position Total Shares Ownership (%)
Board of Commissioner
1. Muhadjir Effendy President Commissioner 0 0.00000%
2. Felicitas Tallulembang Independent Commissioner 0 0.00000%
3. Meidy Ferdiansyah Commissioner 133,000 0.00029%
4. Mochamad Agus Rofiudin Commissioner 0 0.00000%
5. Kamaruddin Amin Commissioner 0 0.00000%
6. Nizar Ahmad Saputra Independent Commissioner 0 0.00000%
7. Muhammad Syafii Antonio Independent Commissioner 0 0.00000%
8. Addin Jauharudin Independent Commissioner 0 0.00000%
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
SHAREHOLDERS COMPOSITION
No. Name Position Total Shares Ownership (%)
Board of Directors
1. Anggoro Eko Cahyo President Director 1,134,400 0.00246%
2. Bob Tyasika Ananta Vice President Director 220,101 0.00048%
3. Kemas Erwan Husainy Retail Banking Director 0 0.00000%
4. Muharto Information Technology
2,280,100 0.00494%
Director
5. Ade Cahyo Nugroho Finance & Strategy Director 2,280,100 0.00494%
6. Anton Sukarna Sales & Distribution Director 0 0.00000%
7. Arief Adhi Sanjaya Compliance & Human Capital
343,100 0.00074%
Director
8. Grandhis Helmi Harumansyah Risk Management Director 1,071,400 0.00232%
9. Zaidan Novari Wholesale Transaction 0.00000%
0
Banking Director
10. Firman Nugraha Treasury & International
0 0.00000%
Banking Director
Indirect Share Ownership by Board of Commissioners and Board of Directors
Indirect Share Ownership by Board of Commissioners and Board of Directors
Share Ownership by Senior Management
Up to the end of December 2025, none of the Bank’s Senior Management held shares, either directly or
indirectly.
SHAREHOLDERS CLASSIFICATION
BSI Shareholder Classification per December 31, 2025
Share Ownership Number of Shareholders Total Shares Ownership (%)
Local Institution 432 42,439,974,306 92.00229%
Foreign Institution 222 2,741,553,226 5.94320%
Local Individual 134,541 947,221,765 2.05341%
Foreign Individual 98 510,841 0.00111%
Total 135,293 46,129,260,138 100.00000%
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
MAJOR AND CONTROLLING
SHAREHOLDERS
The Bank has two classifications of shares, namely Series A Dwiwarna Shares and Series B Shares. The
single Series A Dwiwarna Share is owned by the Government of the Republic of Indonesia, represented by
the BP BUMN, while Series B Shares constitute ordinary shares held by other shareholders.
PT Bank Mandiri (Persero) Tbk
(51.47%)
The majority of the Bank’s Series B Shares are owned by PT Bank Mandiri (Persero) Tbk, with a shareholding
of 51.47%. Accordingly, PT Bank Mandiri (Persero) Tbk serves as the Bank’s Principal and Controlling
Shareholder, and there is no other indirect principal or controlling shareholder.
LIST OF SUBSIDIARIES, ASSOCIATES
AND JOINT VENTURE COMPANIES
As of 31 December 2025, BSI had no subsidiaries, associate entities, or joint ventures. Consequently, no
information is available regarding: the names of subsidiaries, associates, or joint ventures; share ownership
percentages; descriptions of their respective business activities; or the operational status of any subsidiary
and/or associate entity (whether operational or not).
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
CORPORATE GROUP STRUCTURE
REPUBLIC OF INDONESIA
SAHAM SERI A SAHAM SERI B
DWIWARNA
REPUBLIC OF INDONESIA
PT Bank Mandiri PT Bank Negara Indonesia PT Bank Rakyat Indonesia
(Persero) tbk (Persero) tbk (Persero) tbk
1 Share 51.47% 23.24% 15.38%
As of 31 December 2025, BSI had no Subsidiaries, Associate Entities, Joint Ventures, or Special Purpose
Vehicles (SPVs).
BANKING GROUP INFORMATION
Bank Business Group Structure
An overview of the Bank’s business group structure is presented in the subsection on the Corporate
Group Structure.
Management Linkage Structure within the Bank’s Business Group
BSI is a subsidiary of PT Bank Mandiri (Persero) Tbk. As of 31 December 2025, none of BSI’s Board of
Directors members were seconded from Bank Mandiri.
Shareholders Acting on Behalf of Other Shareholders
There are no shareholders who act on behalf of other shareholders.
LEADING THE NEW ERA OF BULLION BANK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CHRONOLOGY OF SHARE ISSUANCE
Name of the Exchange Where the Company’s Shares are Listed
BSI shares have been listed on the Indonesian Stock Exchange.
Chronology of BSI Share Issuance/Listing
Paid-up and Issued Capital
Nominal Number of
Offering
No. Period Information Shares Value Shares Issued
Price (Rp) Total Shares Total Nominal Total Offering
(Rp) (shares)
(shares) Value (Rp) Price (Rp)
Before
1. - - 500 - - 3,958,000,000 1,979,000,000,000 -
IPO
Based on the GMS dated
March 2, 2018, capital
additions have been
made in the form of:
•• Additional capital
deposit of Rp1 trillion.
•• The capitalization of
2. 2018 retained earnings - 500 - 3,134,762,898 7,092,762,898 3,546,381,449,000 -
amounted to
Rp567,381,449.
The additional
capital resulted in
additional parent
shares amounting to
Rp1,567,381,449
3. 2018 Initial Public Offering - 500 510 2,623,350,600 9,716,113,498 4,858,056,749,000 1,337,908,806,000
4. 2020 MESOP Stock Exercise - 500 533 184,395,200 9,900,508,698 4,950,254,349,000 98,282,641,600
Merger – Bank BRI
Syariah Tbk., Bank
5. 2021 - 500 - 31,130,700,245 41,031,208,943 20,515,604,471,500 -
Syariah Mandiri, and
Bank BNI Syariah
6. 2021 Exercise MESOP shares - 500 533 97,659,800 41,128,868,743 20,564,434,371,500 52,052,673,400
7. 2021 Exercise MESOP shares - 500 533 438,600 41,129,307,343 20,564,653,671,500 233,773,800
Capital Increase through Saham
8. 2022 Preemptive Rights Biasa 500 1,000 4,999,952,795 46,129,260,138 23,064,630,069,000 4,999,952,795,000
(Rights Issue) seri B
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
CHRONOLOGY OF ISSUANCE AND/OR
LISTING OF OTHER SECURITIES
BSI Sukuk
Amount Rating
Profit Payment
No Description Issue Date Tenor Currency of Due date
sharing Status
Sukuk 2024 2025
Subordinated Mudharabah
Sukuk 1-year 2016 of PT Bank November 16, November 16,
1. 7 Years Rp 1 Trillion 9.5& Paid - -
Syariah Indonesia Tbk (d.h. PT 2016 2023
Bank BRIsyariah Tbk)
Subordinated Mudharabah
Sukuk year 2016 of PT Bank November 22, November 22,
2 7 Years Rp 375 Billion 10% Paid - -
Syariah Indonesia Tbk (d.h. PT 2016 2023
Bank BRIsyariah Tbk)
Sukuk Mudharabah
Muqayadah Jangka Panjang
Yang Dilakukan Tanpa December 26, 150 26 December
3. Rp 3.76 Billion 0.55% Not yet paid off - -
Melalui Penawaran Umum I 2023 month 2035
PT Bank BSI
Tbk Tahun 2023 Tahap I
Sukuk Mudharabah
Subordinasi Jangka December 15, 15 December idAA (sy) idAA (sy)
4. 5 Years Rp 200 Billion 7.90% Not yet paid off
Menengah PT Bank Syariah 2023 2028 (PEFINDO) (PEFINDO)
Indonesia, Tbk Tahun 2023
5. Sukuk Mudharabah
Muqayadah Jangka Panjang
March 26, 147
Yang Dilakukan Tanpa Melalui Rp 7.76 Billion June 26, 2036 0.55% Not yet paid off - -
2024 month
Penawaran Umum I PT Bank
BSI Tbk Tahun 2023 Tahap II
370 days 1,7 Trillion June 24, 2025 6.65% Lunas
Sukuk Mudharabah
IdAAA (sy) IdAAA (sy)
6. Berlandaskan Keberlanjutan I June 14, 2024 2 Years Rp 220 Billion June 14, 2026 6.70%
(PEFINDO) (PEFINDO)
Bank BSI Tahap I Tahun 2024 Not yet paid off
3 Years 1,08 Trillion June 14, 2027 6.80%
Sukuk Mudharabah
Muqayadah Jangka Panjang
December 20, 144 December 20,
7. Yang Dilakukan Tanpa Melalui Rp 7.97 Billion 0.55% Not yet paid off - -
2024 month 2036
Penawaran Umum I PT Bank
BSI Tbk Tahun 2024 Tahap III
2,45
370 days July 6, 2026 6,45%
Sukuk Mudharabah Trillion
Berlandaskan Keberlanjutan idAAA
8, June 30, 2025 2 Years Rp 175 Billion June 26, 2027 6,55% Not yet paid off -
Berkelanjutan I Bank BSI (PEFINDO)
Tahap II Tahun 2025 2,38
3 years June 26, 2028 6,65%
Trillion
Long-Term Mudharabah
Muqayadah Sukuk
153 March 20,
9. Conducted Without a Public 20 June 2025 Rp 8.26 billion 0.55% Not Yet Paid Off - -
months 2038
Offering I of PT Bank BSI Tbk
Year 2023 Phase IV
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
INFORMATION ON THE USE OF PUBLIC
ACCOUNTING AND PUBLIC ACCOUNTING
FIRM SERVICES
Name of Public Accounting Kantor Akuntan Publik Purwanto Susanti dan Surja
Firm
Association Network Ernst & Young Global Limited
Financial Accounting Firm Gedung Bursa Efek Indonesia,
Address Menara 2 Lantai 7,
Jl. Jenderal Sudirman Kav. 52-53,Jakarta Selatan 12190, Indonesia
AP Name Yovita
Financial Accounting Firm 1st Period
Assignment Period
AP Assignment Period 1st Period
Audit Services Financial Report Audit
Audit Fee Rp. 5,590,000,000
Non-Audit Services 1) PSA 62 December 31, 2025
2) Laporan Evaluasi Kinerja December 31, 2025
Non-Audit Fee 3) Rp250,000,000
4) Rp260,000,000
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
INSTITUTIONS AND/OR SUPPORTING
PROFESSIONS
PT Bursa Efek Indonesia
Gedung Bursa Efek Indonesia Tower 1
Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190 Indonesia
Telp: (021) 5150515
Faks: (021) 5254153
Website: www.idx.co.id
Services Provided: Annual Recording Services
CAPITAL MARKET INSTITUTIONS
PT Kustodian Sentral Efek Indonesia
Gedung Bursa Efek Indonesia Tower 1 lt.5
Jl Jend. Sudirman Kav 52-53 Jakarta 12190 Indonesia
Telp: (021)5152855
Faks: (021)52991199
Website: www.ksei.co.id
Services Provided: Securities Administration Management (Shares and
Sukuk)
PT Datindo Entrycom
Jl. Hayam Wuruk No. 28, Lantai 2, Jakarta 10120
Telp: (021)3508077
SHARE REGISTRAR Faks: (021)3508078
Website: www.datindo.com
Services Provided: Stock Administration Services
Ashoya Ratam, S.H., M.Kn.
Jl. Suryo No 54,
NOTARY Kebayoran Baru, Jakarta 12180
Telp: (021) 29236060
Faks: (021) 29236070
PT Fitch Ratings Indonesia
Prudential Tower Lantai 20,
Jl. Jend. Sudirman Kav. 79 Jakarta 12910
Telp: (021) 57957755
Faks: (021) 57957750
Website: www.fitchratings.co.id
Services Provided: Company Ratings
CORPORATE RATING AGENCY
PT Pemeringkat Efek Indonesia (PEFINDO)
Panin Tower - Senayan City, Lantai 17,
Jl. Asia Afrika Lot. 19 Jakarta 10270
Indonesia
Telp: (021) 72782380
Faks: (021) 72782370
Website: www.pefindo.com
Jasa yang Diberikan: Pemeringkat Perusahaan
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
LEMBAGA DAN/ATAU PROFESI PENUNJANG
Dewan Syam & Partners Law Firm
Dewan Syam & Partners Law Firm
Jl. Cempaka Putih Raya 13 A, Jakarta Pusat 10520
SSF Law Firm and Partners
Gedung Arva Lantai 3
Jl. Cikini Raya No. 60, Jakarta Pusat 10330
Telp: (021) 3905930
LEGAL CONSULTANT
Suhendra & Partners
Jl. Pintu Air V No. 53 G, Kel. Pasar Baru, Kec. Sawah Besar,
Jakarta Pusat - 10710
Telp: 08111573888
James Purba & Partners
Wisma Nugra Santana, 12 Floor, Suite 1205
Jl. Jend. Sudirman, Kav. 7 - 8, Jakarta Pusat - 10220
Telp: (021) 570 3844
PT Bank Negara Indonesia (Persero) Tbk
Gedung Grha BNI
Jl. Jenderal Sudirman Kav. 1, Jakarta Pusat 10220
Telp: (021) 2511946
Faks: (021) 2511214
TRUSTEE PT Bank Tabungan Negara (Persero) Tbk
Financial Institution & Capital Market Division (FICD)
Menara 2 BTN, 8 Floor
Jl. H. R. Rasuna Said No.1
Jakarta Selatan 12980
Telp: (021) 50931835
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
AWARDS AND CERTIFICATIONS
AWARDS
No. Award Name Title Presenter Date
Indonesia’s 20
Chief Marketing January 31,
1. Indonesia’s 20 Chief Marketing Officer Award 2025 The Iconomics
Officer Award 2025
2025
5th Anniversary
January 31,
2. Indonesia Top Indonesia Top Sharia Awards 2025 The Iconomics
2025
Sharia Awards
The Best Sharia Bank in Satisfaction, Loyalty,
3. Infobank
Engagement 2025
4. The Best Sharia Bank in Customer Satisfaction Infobank
5. The Best Sharia Bank in Customer Loyalty Infobank
6. The Best Sharia Bank in Engagement Index Infobank
7. The Best Sharia Bank in Net Promoter Score Infobank
8. The Best Sharia Bank in Customer Resilience Level Infobank
9. The Best Sharia Bank in Brand Interactivity Index Infobank
10. Starting Year The Most Satisfying Sharia Bank in Teller Service Infobank
Forum 2025 dan February 4,
The Most Satisfying Sharia Bank in Customer
11. The 8th Infobank Infobank 2025
Service
SLE 2025
12. The Most Satisfying Sharia Bank in Branch Office Infobank
13. The Most Satisfying Sharia Bank in Services Infobank
14. The 2nd Most Satisfying Sharia Bank in ATM Service Infobank
The 2nd Most Satisfying Sharia Bank in Mobile
15. Infobank
Banking
The 2nd Best Sharia Bank in Customer Centricity
16. Infobank
Index
The 2nd Best Sharia Bank in Marketing
17. Infobank
Engagement Index
Cambridge Islamic Best Bank for Islamic Wealth Management
February 10,
18. Funds Awards Solutions in Indonesia 2025 Cambridge IFA
2025
(CIFA
18th Annual Deal &
Alpha February 12,
19. Solution and ESG Best Mudhrabah Sukuk in Southeast Asia 2024
Southeast Asia 2025
Awards 2024
3 19
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
23 28 30
31 32
33 36 37
No. Award Name Title Presenter Date
Indonesia’s 20
February 14,
20. Popular CIO & CTO 20 Popular CIO & CTO Awards 2025 The Iconomics
2025
Awards 2025
21. Best Islamic Bank February 17,
IFN Award 2024 IFN Magazine
22. Best Islamic Retail Bank 2025
Indonesia Best Sharia Bank 2025 with the
Indonesia Sharia
Enhancement of Sharia Finance Inclusivity and February 25,
23. and Halal Top Warta Ekonomi
Accessibility through Digital Services Innovation - 2025
Brand Awards 2025
Category: Sharia bank - KBMI 3
Indonesia Best CFO
Awards 2025
Best Chief Financial Officer 2025 for Increasing
“Future-Ready February 25,
24. Dividend Yield and Enhancing Stakeholder Warta Ekonomi
CFO: Leading 2025
Engagement Strategies
Strategic Financial
Leadership”
Podomoro
Podomoro February 28,
25. Harmony Award Best Sharia Banking Services Award
Group 2025
2025
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
AWARDS AND CERTIFICATIONS
No. Award Name Title Presenter Date
26. The Highest Digital Index in Sharia Bank
The Highest Digital Index in Savings Account in
27.
Sharia Bank
28. The Highest Digital Index in Deposit Sharia Bank
The Highest Digital Index in Mortgage Loan in
29.
Sharia Bank
30. The Highest Digital Index in Debit Card Sharia Bank
The Highest Digital Index in Internet Banking
31.
Sharia Bank
The Highest Digital Index in Mobile Banking Sharia
32.
14th Digital Brand Bank
Infobank March 20, 2025
33. Awards 2025 The Best Sharia Bank - KBMI 3
34. The Best Saving Account Sharia Bank
35. The Best Deposit Sharia Bank
36. The Best Debit Card Sharia Bank
37. The Best Credit Card Sharia Bank
38. The Best Internet Banking Sharia Bank
39. The Best Vehicle Loan Sharia Bank
40. The Best Mortgage Loan Sharia Bank
41. The Best Wealth Management Sharia Bank
42. The Best Mobile Banking Sharia Bank
43. Aplikasi Internet Banking
44. ATM Bank
Most Trusted
45. Financial Brand Bank Syariah - Produk Kredit Mikro dari Bank Investortrust March 20, 2025
Awards 2025
46. Produk Islamic Wealth Management
47. Produk Savings for Hajj and Umrah
Indonesia Digital The Most Innovative Digitalization of Sharia Bank
48. Innovation Award 2025 for Strengthening Sharia Financial Inclusion Warta Ekonomi March 21, 2025
2025 Through Digital Applicaiton Development
Indonesia Top Indonesia Top Financial Woman Leaders 2025 in
49. Financial Women Expanding Digital Services through Quality Talent Herstory April 25, 2025
Leaders 2025 to Accelerate Islamic Ecosystem
The Best Corporate
Emission
Public Company with Trusted Sapphire
50. Reduction Investortrust April 29, 2025
Achievement in Emission Transparency
Transparency
Awards 2025
The Best Corporate Social Responsibility Award
Indonesia CSR
51. 2025 for Funding Social Welfare and Community Warta Ekonomi April 30, 2025
Awards 2025
Empowerment Initiatives
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
AWARDS AND CERTIFICATIONS
No. Award Name Title Presenter Date
Coordinating
Indonesia Ministry for
International Collaborating Partners/Strategic Partners of the Economic
52. May 6, 2025
Financial Inclusion Ministry Affairs of the
Summit 2025 Republic of
Indonesia
Best Sustainability in Finance & Skills Recognition
53. Mata Lokal Fest Tribunnews May 8, 2025
for MSMEs
54. The World’s Best Islamic Bank for ESG
55. Euromoney Islamic Asia’s Best Islamic Bank for ESG
56. Finance Awards Indonesia’s Best Islamic Bank for ESG Euromoney May 20, 2025
2025
Indonesia’s Best Islamic Bank for Wealth
57.
Management
58. Anugerah Syariah Sukuk Deal of The Year
Republika May 26, 2025
59. Republika 2025 Sustainable Islamic Banking Excellent
60. 1 Diamond (Byond Financing OPS) - FOG dan FCG
Indonesia Indonesia
Operations 3 Gold (Magician Syariah, OpsNova, Hajj Warrior) - Operations
61. May 28, 2025
Banking Summit CTG Banking
(IOBS) Summit (IOBS)
62. 1 Silver (ESG Mantulity) - ESG
Marketeers Omni
63. Marketeers Omni Brands 2025 Marketeer June 1, 2025
Brands 2025
20 Top Companies Bloomberg
64. 20 Top Companies to Watch in 2025 June 5, 2025
To Watch In 2025 Technoz
The Best of The Best Bank in Service Excellence
65.
2025
66. The Best Sharia Bank in Service Excellence
The Best Sharia Bank in Service Excellence for 5
67.
Consecutive Years (2020-2024)
68. The Best Sharia Bank in Excellence Security Guard
69. The Best Sharia Bank in Excellence Mobile Banking
22nd Infobank- The Best Sharia Bank in Excellence Customer
70.
MRI Banking Service
Infobank June 24, 2025
Service Excellence The Best Sharia Bank in Excellence Walk-In
71. Appreciation 2025 Channel
The Best Sharia Bank in Excellence Convenience
72.
Branch Office
73. The Best Sharia Bank in Excellence E-mail Service
74. Chatbot
75. The Best Sharia Bank in Excellence Branch ATM
The 2nd Best Sharia Bank in Excellence Live Chat
76.
Service
The 2nd Best Sharia Bank in Excellence Mobile
77.
Opening Account
78. The 2nd Best Sharia Bank in Excellence Website
ANNUAL REPORT 2025
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COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
AWARDS AND CERTIFICATIONS
No. Award Name Title Presenter Date
79. 19th Annual Alpha Best Digital Bank In Indonesia
Southeast Asia
80. Best Islamic Finance Bank in Indonesia Alpha
Best Financial June 30, 2025
Southeast Asia
Institution Awards
81. Best Islamic Finance Wealth Management Bank
2025
Bisnis Indonesia Resilience Towards Uncertainty, Kategori Bank Bisnis
82. June 30, 2025
Awards 2025 Syariah Indonesia
83. Solopos Best Brand Sharia Bank Category
and Innovation Solopos July 18, 2025
84. 2025 (SBBI Awards) Sharia Mortgage Category
The Best Digital Transformation in Human Capital
85. Human Capital On Award
Resilience Award First Indonesia July 24, 2025
2025 The Best Sustainable Development and Decent
86.
Jobs Award
Contact Center
Contact Center
87. World Asia Pacific Best Contact Center in Asia Pacific July 26, 2025
World
Awards 2025
Investor Trust
Category: Main Winner in the Subsidiary Sector
88. BUMN Awards Investortrust 31 Juli 2025
with Assets of Rp40-120 Trillion
2025
Best Implementing Bank for Sharia Commercial
89. Kejar Award 2025 OJK August 22, 2025
Banks
Sharia Financial Services Institution (PUJK) with the
90. Financial Literacy Best Financial Literacy Program OJK August 25, 2025
Award 2025
91. Literacy Ambassador 2025
92. BAZNAS RI's Exemplary Zakat Paying Company
BAZNAS Awards BAZNAS RI's Best Zakat Payment Service Provider August 28,
93. BAZNAS
2025 Bank 2025
94. Supporting Partner
95. The Most Profitable Bank
30th Infobank
September 2,
96. Banking The Most Efficient Bank Infobank
2025
Appreciation 2025
97. The Excellent Performance Bank - KBMI 3
98. Best Distribution 5 Stars
99. Rakernas UPZ Best Collection 5 Stars September ,
BAZNAS
100. BAZNAS (UPZ BSI) Best Reporting 5 Stars 9-11 2025
101. Best Zakat Campaign
Katadata Green
September 10,
102. Initiative Awards Environment Zakat Management Katadata
2025
2025
Bisnis Indonesia
Bisnis September 17,
103. Financial Awards Best Performance Bank - Kategori Syariah
Indonesia 2025
2025
Indonesia Most
September 23,
104 Reputable State-Owned Bank - Very Good SWA
2025
Companies 2025
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AWARDS AND CERTIFICATIONS
No. Award Name Title Presenter Date
105. Investortrust Best Best Bank Sharia (Aset > Rp20 Triliun) September 30,
Investortrust
106. Sharia Awards 2025 Best Stocks Sharia 2025
The Asian Post The Excellence Performance State-Owned Enterprise
107. The Asian Post October 2, 2025
Best SOE Subsidiary 2025
108. The Excellence Performance Sharia Bank 2025
Infobank 14th
109. The Best Performance Sharia Bank 2025 Infobank October 2, 2025
Sharia Award 2025
110. The Most Profitable Sharia Bank 2025
IDX Channel
Inovasi Strategi Bullion Bank untuk Pertumbuhan October 10,
111. Anugerah Inovasi IDX Channel
Berkelanjutan 2025
Indonesia 2025
October 16,
112. ESG Now Awards Empower Vulnerable Community Republika
2025
Kementerian
Koordinator
October 16,
113. Mandaya Awards Dedikasi & Kontributor Pemberdayaan Masyarakat Bidang
2025
Pemberdayaan
Masyarakat RI
Liputan 6 Award Bullion Bank, Innovator of the Integrated Gold October 16,
114. Emtek
2025 Ecosystem by 2025 2025
115. The Finance Golden Star Award 025
Top 20 Financial
October 28,
116. Instituion Award Top 20 Financial Institution 2025 The Finance
2025
2025
117. The Finance Best CFO 2025
CNN Indonesia Excellence in Islamic Banking Risk Governance & October 31,
118. CNN
Award 2025 Resilience 2025
Marketeers Editor’s November 1,
119. 360 Branding Campaign of The Year Marketeers
Choice Awards 2025
Apresiasi Berita November 25,
120. Technology & Digital Transformation Berita Satu
Satu 2025 2025
November
121. Detikcom Award Banks with Sustainable Profit Growth Detikcom
2025
Silver for “Best App November
122. Category, Mobex Singapore
Install Campaign” 2025
Best Bank Contributing to Economic
123.
Intermediation
Best Participant in the BI-RTGS, BI-SSSS, and BI- 28 November
124. BI Award 2025 Bank Indonesia
ETP Systems 2025
Banking Supporting Sharia Monetary Control for
125.
the Nation
Anugerah Pikiran
Human Capital Development for Competitive Pikiran Rakyat 5 Desember
126. Rakyat Media
Workforce Media Network 2025
Network 2025
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03 MAIN HIGHLIGHTS MANAGEMENT REPORTS PROFILE
COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
AWARDS AND CERTIFICATIONS
No. Award Name Title Presenter Date
Bpk. Anggoro Eko Cahyo kategori Bankers of The
127.
Year 2025
Bpk. Grandhis Halim Harumansyah kategori The
128.
Infobank TOP 100 Future Leader 2025
December 8,
CEO & The Future Infobank
Bpk. Kemas Erwan Husainy kategori The Future 2025
129. Leader Award 2025
Leader 2025
130. Bpk. Muharto kategori The Future Leader 2025
131. Bpk. Wisnu Sunandar kategori The Future Leader
56 57 58 66 66
74 84 105
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AWARDS AND CERTIFICATIONS
CERTIFICATIONS
No. Valid Period Certificate Name Receiver Issuer
September 12, 2023 – ISO 9001: PT Bank Syariah
1. LRQA
September 11, 2026 2015 Quality Management System Indonesia Tbk
PT Bank Syariah
October 1, 2023 – ISO 9001:
2. Indonesia Tbk BSI
September 30, 2026 2015 Quality Management System
IT Operation Group
PT Bank Syariah
February 4, 2024 – ISO 9001:
3, Indonesia Tbk Operations BSI
February 3, 2027 2015 Quality Management System
Development Group
ISO/IEC 27001:2022
March 24, 2024 – March PT Bank Syariah
4. Information Security Management BSI
23, 2027 Indonesia Tbk
System
SO/IEC 27701:2019 Privacy Information
December 16, 2025-15 PT Bank Syariah CBQA
5 Management System (PIMS)
Desember 2028 Indonesia Tbk Global
1 2 3 4
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INFORMATION ON WEBSITE
The information presented on the website of PT Bank Syariah Indonesia Tbk complies
with the provisions of the Financial Services Authority Regulation No. 8/POJK.04/2015
concerning Websites of Issuers or Public Companies, which includes, among others, the
following:
General Information Information Corporate Corporate Social
on the Issuer or Public for Investors or Governance Responsibility
Company Shareholders Information Information
The provision of this information reflects the implementation of transparency principles in corporate
management, in line with Law No. 14 of 2008 dated 30 April 2008 on Public Information Disclosure. All of
this information is available to the public through the website www.bankbsi.co.id.
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MANAGEMENT
DISCUSSION &
ANALYSIS
Amid shifts in the economic and industry
landscape, BSI remained focused on
resilience, growth, and long-term value
creation. Every strategy was carried out with
discipline to strengthen competitiveness and
expand future opportunities.
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SATU STRATEGI, DUAL
ONE STRATEGY, DUA KEKUATAN
STRENGTH
In 2025, Bank Syariah Indonesia optimised its dual license as a
Sharia Bank and Indonesia’s first Bullion Bank to strengthen
competitiveness and broaden growth. Sharia-based funding,
including Hajj savings, was complemented by integrated gold
services such as financing and digital gold. Rising demand
for gold supported funding growth, increased non-interest
income, and reinforced the development of a sustainable
sharia financial ecosystem.
GLOBAL ECONOMIC ANALYSIS
Throughout 2025, the global economy experienced heightened
volatility, primarily driven by international trade dynamics
associated with the implementation of import tariffs by the United
States on all its trading partners. This policy weighed on global
market sentiment during the year. Nevertheless, the adverse
impact gradually moderated as several trade agreements were
reached, contributing to a partial easing of global uncertainty.
Against this backdrop, the World Economic Outlook (WEO)
January 2026 edition published by the International Monetary
Fund (IMF) revised upward its projection for global economic
growth in 2025 to 3.2% (yoy), 3.3% (yoy), representing an increase
of 0.2 percentage points compared with the October 2025
projection. With this revision, the projected growth rate is now in
line with the previous year’s realized global growth of 3.3% (yoy),
reflecting a gradual recovery in the global economy.
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The United States economy showed mixed growth growth was supported by stronger demand
in the second half of 2025. Although real GDP from the European Union, ASEAN, Africa, and
growth in the fourth quarter of 2025 was lower than Latin America, which offset weaker exports to the
in the previous quarter, the labor market showed a United States.
recovery and a decline in the unemployment rate.
Meanwhile, economic growth in the European Meanwhile, global commodity prices generally
region remained constrained by weak industrial tended to ease throughout 2025, in line with
activity and investment, although inflationary slowing global demand amid relatively adequate
pressures showed a declining trend. Global trade supply conditions. Oil prices had risen to US$78.85
uncertainty arising from U.S. tariff policy dynamics per barrel due to the 14-day open military conflict
continued to weigh on business sentiment between Iran and Israel involving the United
and hinder the region’s economic recovery. States. However, oil prices corrected again as the
Nonetheless, the outlook for recovery remains conflict subsided and OPEC+ gradually increased
supported by a more accommodative monetary production.
policy stance, increased government spending,
and relatively stable labor market conditions. At the same time, global inflation remained
Within this environment, the manufacturing relatively contained, including in advanced
sector demonstrated resilience, underpinned by economies such as the United States and the
optimism surrounding increased investment in Euro area. This environment prompted several
defense and infrastructure. central banks to begin easing monetary policy.
The European Central Bank (ECB) and the Bank of
In China, the economic recovery continues to England (BoE) reduced their policy rates 4 (four)
face several structural challenges. Persistently times in 2025. In contrast, the Federal Reserve
low inflation reflects subdued domestic demand, adopted a more cautious stance, with its first
excess capacity in the manufacturing sector, reduction in the Fed Funds Rate occurring in
and ongoing pressures in the property market. September 2025, reflecting continued vigilance
In response, the Chinese government has toward inflation risks associated with U.S. tariff
continued to implement stimulus measures, policies.
including interest rate cuts, to support economic
activity. Despite these challenges, China’s export Amid ongoing policy uncertainty and a weakening
performance remained resilient, recording growth trend in the U.S. Dollar Index (DXY), demand for
of 8.3% in September 2025, exceeding market gold as a hedging asset increased significantly.
expectations amid ongoing trade tensions with the Gold prices briefly surpassed US$5,417 per ounce
United States. This export growth was supported in late December 2025, reflecting heightened risk
by stronger demand from the European Union, perception among global market participants.
ASEAN, Africa, and Latin America, which offset
weaker exports to the United States. Sumber: World Economic Outlook Januari 2025, International
Monetary Fund, Bloomberg
In China, although the economy recorded relatively
stable growth, the economic recovery continues NATIONAL ECONOMIC ANALYSIS
to face several structural challenges. Persistently
low inflation reflects subdued domestic demand, Amid the ongoing global economic recovery and
excess capacity in the manufacturing sector, and the gradual stabilization of trade policies and
ongoing pressures in the property market. In geopolitical conditions, Indonesia’s economy
response, the Chinese government has continued continued to demonstrate resilience. Gross
to implement stimulus measures, including fiscal Domestic Product (GDP) grew by 5.11% year-on-
support and maintaining an accommodative year (yoy) throughout 2025, marking the highest
interest rate environment, to support economic annual growth recorded over the past three years.
activity. Despite these challenges, China’s export This performance is expected to be continue in
performance remained resilient, recording growth 2026, supported by solid household consumption,
of 5.5% throughout 2025, thereby supporting the accelerated government spending realization,
government’s economic growth target of 5.0% an expansionary manufacturing sector, and
despite weak domestic demand. This export continued growth in direct investment, which
collectively strengthened domestic economic
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fundamentals. This condition is also reflected reflecting lower risk premiums and positive investor
in the increase in the Consumer Confidence responses to a more accommodative monetary
Index since the fourth quarter of 2025, indicating policy stance. The Rupiah experienced temporary
improved public optimism regarding the national depreciation to Rp16,690 per USD during the
economic outlook. same period. Portfolio capital flows remained
volatile, recording a net inflow of Rp25.97 trillion in
From an external perspective, a consistently December 2025 from government bonds, equities,
positive trade balance through December and SRBI instruments. Foreign direct investment
2025 continued to support Indonesia’s external throughout 2025 also recorded a positive trend.
resilience and foreign exchange reserves. At the Overall, these developments reflected cautious
same time, fiscal discipline remained intact, with market sentiment while maintaining confidence
the preliminary realization of the state budget in Indonesia’s macroeconomic stability.
deficit at 2.92%, below the statutory ceiling of 3%
as stipulated under the State Finance Law. These Banking system liquidity remained ample
conditions underscored the strength of Indonesia’s throughout 2025, supported by accommodative
national economic fundamentals amid ongoing monetary policy and close coordination with fiscal
global uncertainty. policy. The Liquid Assets to Third Party Funds (LA/
TPF) ratio stood at 28.57% as of December 2025,
In terms of price developments, inflation rose to indicating sufficient liquidity to support credit
2.92% (yoy) in December 2025, primarily driven by expansion. Bank lending grew by 9.63% (yoy),
higher jewelry gold prices following the global gold driven primarily by investment loans, while third
price rally, as well as increases in food prices toward party funds recorded growth of 13.83% (yoy).
year-end and supply disruptions amid natural
disasters affecting several regions of Indonesia. To further strengthen intermediation, Bank
Nevertheless, inflation remained within Bank Indonesia continued to implement the
Indonesia’s target range of 1.5%–3.5%, i reflecting Macroprudential Liquidity Incentive (KLM) policy,
domestic price stability. This stability was further with total incentives amounting to Rp388.1 trillion
reflected in the Consumer Confidence Index, disbursed to priority sectors, including agriculture,
which continued to signal optimism regarding the industry and downstreaming, construction, real
national economic outlook. estate and housing, and MSMEs. Financial system
stability remained well maintained, as reflected
Throughout 2025, monetary policy was directed in a Capital Adequacy Ratio (CAR) of 25,89% and
toward maintaining a balance between a gross Non-Performing Loan (NPL) ratio of 2.05%,
macroeconomic stability and supporting underscoring the resilience of the banking sector
economic growth. Following a series of gradual rate in supporting sustainable national economic
cuts since mid-2024, Bank Indonesia maintained growth.
the BI-Rate at 4.75% throughout the remainder
of 2025 to safeguard stability and ensure effective Source: Statistics Indonesia, Bank Indonesia, Finansial Services
policy transmission amid heightened global Authority, Ministry of Finance of the Republic of Indonesia
uncertainty. The commitment to exchange rate
stability was reinforced through intervention in
the spot market and Domestic Non-Deliverable NATIONAL BANKING INDUSTRY
Forward (DNDF) transactions. These measures ANALYSIS
were complemented by the optimization of Bank
Indonesia securities instruments, including SRBI, Changes in the monetary policy stance
SVBI, and SUVBI, to deepen financial markets and throughout 2025 continued to influence the
maintain adequate liquidity. growth dynamics of Indonesia’s banking industry.
Following a prolonged period of contractionary
In line with these policies, domestic financial monetary policy since 2022, its lagged effects
markets remained broadly stable despite elevated became increasingly evident in the moderation
global uncertainty. In the bond market, yields on of banking sector growth during the first half of
10-year government bonds declined significantly 2025. As monetary policy gradually shifted from a
from 6.99% at the beginning of the year to stability-oriented approach toward a more growth-
approximately 6.07% in late December 2025, supportive stance, the cumulative reduction of
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the BI-Rate by 125 basis points throughout 2025 while the net NPL ratio rose by 0.05 percentage
has translated into a significant imrpovement of points to 0.79%. These increases remained
banking performance by the end of the year. within manageable levels. Loan at Risk (LaR)
was recorded at 8.77%, still below the previous
Despite the moderation in growth, banking year level of 9.27% as of December 2024. Overall
intermediation continued to expand, supported profitability remained sound, despite a modest
by a well-managed risk profile. As of Dcember decline in Return on Assets (ROA) to 2.53% from
2025, total bank loans/financing grew by 9.63% 2.69% at the end of 2024.
(yoy)to Rp8,043 trillion. Loan growth was primarily
driven by investment loans, which increased by From a capital perspective, the banking sector
20.81% (yoy), followed by consumer loans growing remained well capitalized, with a Capital Adequacy
by 6.58% (yoy), while working capital loans Ratio (CAR) of 25.89%, slightly lower than the
recorded more modest growth of 34.52% (yoy). 26.68% recorded at the end of 2024. Nevertheless,
Investment credit growth increased significantly capital levels remained sufficient to absorb
compared to the end of 2024, reaching 13.85%. potential risks and to support the resilience of the
However, working capital and consumer credit banking industry amid ongoing global economic
growth was lower than in 2024, when consumer and geopolitical uncertainty.
credit grew 10.61% (yoy) and working capital credit
grew 8.35% (yoy). Among these three segments, Source: Financial Services Authority (OJK), December
working capital credit experienced the most 2025
significant slowdown throughout 2025, in line with
the business community’s increasingly cautious
attitude. Consumer credit also experienced a SHARIA BANKING INDUSTRY ANALYSIS
slowdown in line with weakening purchasing
power throughout 2025. As of December 2025, the Sharia banking industry
continued to record positive growth amid ongoing
On the funding side, banking system Third Party developments in the national financial sector.
Funds grew by 13,83% (yoy) to Rp10,059 trillion as Total Sharia banking assets reached Rp1.067,33
of December 2025. This growth was supported trillion, growing by 8.92% (yoy)and accounting
by strong current account growth of 19,07% (yoy), for a market share of 7.69%. In line with asset
alongside savings growth of 8,19% (yoy) and time growth, Sharia financing expanded by 9.58% (yoy)
deposits growth of 14.28% (yoy). In line with these to Rp705,22 trillion, while TPF increased by 10.14%
developments, overall banking system liquidity (yoy)to Rp829,99 trillion, reflecting the continued
improved. The Liquid Assets to Non-Core Deposits effectiveness of Sharia banking intermediation.
(LA/NCD) ratio increased to 126.15% as of December
2025, compared with 112.87% at the end of 2024. From a liquidity perspective, Sharia banking
The Liquid Assets to Third Party Funds (LA/TPF) liquidity declined compared with the position at
ratio also rose to 28.57% from 25.59%. Meanwhile, the end of 2024. The Liquid Assets to Non-Core
the Liquidity Coverage Ratio (LCR) declined to Deposits (LA/NCD) ratio decreased from 154.52%
200.97% from 213.23% at year-end 2024, although to 142.13% as of December 2025, while the Liquid
it remained well above the regulatory minimum, Assets to Third Party Funds (LA/TPF) ratio declined
indicating ample liquidity buffers. from 32.09% to 30.01%. Despite this moderation,
both ratios remained above the national banking
Asset quality across the banking industry remained average and well above the regulatory minimum
well controlled. The gross Non-Performing Loan thresholds of 50% and 10%, respectively, indicating
(NPL) ratio stood at 2.05%, representing a decrease that liquidity conditions remained adequate.
of 0.03 percentage points from December 2024,
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In line with these developments, financing risk which created opportunities for new revenue
remained manageable, although a modest streams from gold trading and asset management
increase was observed. The gross Non-Performing activities. In addition, the expansion of investment
Financing (NPF) ratio stood at 2.16%, representing products such as the Sharia Restricted Investment
an increase of 0.04 percentage points from Account (SRIA) facilitated more structured and
December 2024, while net NPF rose by 0.04 transparent funding of large-scale projects, while
percentage points to 0.83%. These increases enhancing the competitiveness of Sharia banking
remained lower than those recorded in the within the broader financial market.
national banking sector, where net NPL increased
by 0.05 percentage points. Meanwhile, profitability Furthermore, pursuant to Financial Services
and capitalization experienced a limited decline, Authority Regulation (POJK) No.12/2023, the
with Return on Assets (ROA) easing from 2.04% at mandatory spin-off of Sharia Business Units
the end of 2024 to 1.98%, and the Capital Adequacy (UUS) into fully fledged Sharia Commercial Banks
Ratio (CAR) declining from 25.04% to 25.07%. (BUS), once UUS assets reach at least Rp50 trillion
Overall, these indicators underscored the resilience or exceed 50% of the parent bank’s total assets,
of Sharia banking in maintaining performance is expected to strengthen the scale and capital
amid liquidity challenges and moderately rising base of the Sharia banking industry, particularly
risk levels. by reinforcing capital adequacy ratios, over the
2025–2026 period. During 2025, several initial spin-
Several factors supported the resilience of the off initiatives were undertaken through mergers
Sharia banking industry throughout 2025, and acquisitions. These actions are expected
including its ability to adapt to market demand to improve industry efficiency and support the
through product innovation and improved resilience of Sharia banking growth amid global
industry efficiency. This strengthening was uncertainty and tighter liquidity conditions.
supported by the development of new products,
notably the legalization and implementation of Source: Financial Services Authority (OJK), February
Bullion Banking services starting in early 2025, 2026
ANALYSIS OF BSI’S POSITION IN THE BANKING INDUSTRY
A comparison of BSI’s performance relative to the Sharia banking industry and the national banking
industry is presented in the Table of Banking Industry, Sharia Banking Industry, and BSI Performance (in
Rp billion). This analysis provides an overview of BSI’s relative positioning within the industry and serves
as a basis for assessing the Bank’s performance against broader industry trends.
Banking Industry Sharia Banking Industry BSI
Dec ‘24 Dec ‘25 Growth Dec ‘24 Dec ‘25 Growth Dec ‘24 Dec ‘25 Growth
Performance
Rp Rp Rp Rp
Rp Billion % Rp Billion % %
Billion Billion Billion Billion
Assets 12.461 13.646 9,51% 980,3 1.067,8 8.92% 408,6 456,2 11,64%
Financing 7.832 8.586 9,63% 643,5 705,2 9,58% 278,5 318,8 14,49%
TPF 8.837 10.059 13,83% 753,6 830,0 10,14% 327,4 380,5 16,20%
BSI’s Position in the National Banking Industry
Amid the challenges faced by the banking industry throughout 2025, BSI demonstrated relatively resilient
performance through December 2025. During the period, BSI strengthened its financing market share,
while recording modest adjustments in asset and TPF market shares, reflecting heightened competition
and moderating funding growth across the national banking industry.
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In terms of assets, BSI’s market share within the national banking industry stood at 3.34% as of December
2025, compared with 3.28% in December 2024. This increase indicates BSI’s capability to improve its
competitiveness despite intensified competition within the bankin industry.
Conversely, BSI recorded an improvement in its financing market share, which increased to 3.71% as
of December 2025 from 3.56% at the end of 2024. This development reflects BSI’s continued focus on
financing expansion and its role in supporting real sector activities.
Meanwhile, BSI’s TPF market share was recorded at 3.78% as of December 2025, compared with 3.71%
in December 2024, in line with the broader increase in deposit growth across the banking industry. This
achievement is supported by BSI’s strategy to strengthen its funding base through product innovation
and sustained customer confidence, supporting funding stability amid evolving industry conditions.
BSI Market Share compared to the National Banking Industry December 2025
Assets Financing Funding/TPF
(%) (%) (%)
3,10% 3,67% 3,52%
Aug-25 Aug-25 Aug-25 BSI
Banking Industry
96,90% 96,32% 96,48%
Source: OJK, BSI Quarterly Financial Report, December 2025
BSI’s Position in the Sharia Banking Industry
Throughout 2025, BSI maintained a strong position within Indonesia’s Sharia banking industry, as reflected
in increased market shares across assets, financing, and TPF. These developments indicate the continuity
of BSI’s role in the industry amid competitive dynamics and balance sheet optimization initiatives.
In terms of assets, BSI’s market share reached 42.73% as of December 2025, up from 41.68% in December
2024. This increase in market share occurred in line with an increase in total assets from Rp409 trillion at
the end of 2024 to Rp456 trillion as of December 2025, reflecting BSI’s capabilities improvement, marked
by sustaining business expansion.
Consistent with this trend, BSI’s financing market share strengthened significantly, reaching 45.21% as
of December 2025, compared with 43.27% at the end of 2024. This improvement reflects BSI’s continued
expansion of its financing portfolio into strategic sectors, while maintaining prudent risk management
practices.
Meanwhile, BSI’s TPF market share increased to 45.84% as of December 2025, from 43.45% in December
2024. This performance was supported by funding strategies centered on product innovation, including
the development of bullion banking services, as well as ongoing digitalization initiatives. In addition, the
improvement in Sharia financial inclusion contributed to deposit growth, as reflected in a survey by the
Financial Services Authority (OJK), which recorded an increase in the Sharia financial inclusion index from
12.88% in 2024 to 13.41% in 2025.
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BSI Market Share compared to the Islamic Banking Industry December 2025
Assets Financing Funding/TPF
(%) (%) (%)
44,67%
41,98% 45,51%
Aug-25 Aug-25 Aug-25 BSI
Industri Perbankan
58,01% 54,48% 55,33%
Source: OJK, BSI Quarterly Financial Report, December 2025
Performance Analysis of the National Banking weakening purchasing power, and potential
Industry and Sharia Banking Industry liquidity constraints. Within this context, BSI
The performance of the national banking maintained relatively solid performance while
industry and the Sharia banking industry through retaining a strong position within the Sharia
December 2025 continued to indicate positive banking industry.
growth compared with December 2024. This
analysis covers five key indicators, assets, financing, 1. Banking Assets
funding, equity, and net profit, with a focus on On an aggregate, the Islamic banking industry’s
year-on-year (yoy) growth. However, in 2025, the assets recorded 8.92% yoy growth, compared to
Islamic banking industry recorded growth slightly 9.51% yoy. During the same period, BSI’s assets
below that of the national banking sector. increased even further, reaching Rp456 trillion
by December 2025. This development reflects
Islamic banking assets grew by 8.92% (yoy), below BSI’s ability to continue expanding its financial
the national banking sector’s growth of 9.51% (yoy). services business amidst various domestic and
Furthermore, Islamic banking third party funds global economic challenges.
(DPK) grew by 10.14%, below the national banking
third party fund growth of 13.83% due to the Ministry 2. Banking Financing
of Finance’s policy of placing higher amount of National banking loans grew by 9,63% YoY
the excess budget balances (SAL) in conventional to Rp8,586 trillion, while Sharia financing
banks. Despite these conditions, Islamic banking expanded by 9.58% YoY to Rp705.22 trillion.
financing still managed to reach 9.58%, only BSI recorded financing growth of 14.49% YoY,
slightly below the national banking credit growth exceeding the growth of both the Sharia banking
of 9.63%. This development demonstrates the industry and the national banking industry.
increasingly demanding condition of the Islamic This performance reflects the implementation
financial industry to increase its competitiveness of a selective financing strategy supported by
to compete with national banks, particularly for prudent risk management amid weakening
smaller-scale Islamic banks (BUS) and Islamic domestic purchasing power.
business units (UUS).
3. Third Party Funds (TPF)
Meanwhile, the national banking industry’s Third Party Funds (TPF) in the national banking
performance through the end of 2025 industry increased by 8.51% YoY to Rp9,385
demonstrated resilience and adaptability amid trillion as of August 2025, while TPF in the
a complex macroeconomic environment. Key Sharia banking industry grew by 7.37% YoY to
challenges included global geopolitical conflicts Rp757.2 trillion. Embracing potential liquidity
and trade tensions, domestic political transition, expansion, BSI recorded TPF growth of 16.2%
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ECONOMIC REVIEW
YoY, reaching Rp380.49 trillion as of December Overall, BSI’s performance throughout 2025
2025, providing an adequate liquidity base to reflected relatively stronger growth in financing,
support sustainable financing growth. capital strengthening, and net profit compared
with the average Sharia banking industry. These
4. Equity outcomes indicate BSI’s readiness to balance
From a capitalization perspective, BSI’s equity business opportunities and risk management in
strengthened through September 2025, supporting sustainable growth amid ongoing
increasing by 15.34% yoy from Rp45.04 trillion domestic and global economic challenges.
at the end of 2024 to Rp51.95 trillion. This
improvement reflects a solid capital position,
providing buffers to support business strategies
and mitigate potential market volatility.
5. Net Profit
In terms of profitability, BSI recorded net profit
growth of 8.02% YoY through the end of 2025,
reaching Rp7.568 trillion. This performance was
supported by maintained operational efficiency
and relatively stable revenue generation amid
competitive industry conditions.
Performance of Banking Industry, Sharia Banking Industry and BSI
National Banking Industry Sharia Banking Industry BSI
Aug yoy yoy yoy
Performance Dec 2024 Dec 2024 Aug 2025 Dec 2024 Aug 2025
2025 Growth Growth Growth
Indicator
Rp Rp
Rp trillion % Rp trillion Rp trillion % Rp trillion %
trillion trillion
Assets 12,691 13,646 9.51% 980.3 1,067.8 8.92% 408.6 456.2 11,64%
Financing /
7,995 8,586 9.63% 643.5 705.2 9.58% 278.5 318.8 14,49%
Loans
Funding (Third
8,998 10,059 13.83% 753.6 830.0 10.14% 327.4 380.5 16,20%
Party Funds)
Equity – – – – – – 45.04 51.95 15.34%
Net Profit – – – – – – 7.00 7.57* 9.02%
Source: OJK, BSI Quarterly Financial Report, September 2025
*Note: Equity and Net Profit as of December 2025
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PT Bank Syariah Indonesia Tbk (BSI) was established The Company’s Long-Term Plan was prepared with
in 2021 as part of the SOE consolidation strategy, reference to POJK No. 12/POJK.03/2021 concerning
which was expected to generate improved Commercial Banks. The year 2025 marked the end
operational effectiveness and optimal business of the First Phase Corporate Plan transformation
governance in order to provide added value to the with the vision of “Becoming a Top 10 Global
state. With the merger of three SOE-owned Islamic Islamic Bank” in terms of market capitalization.
banks into a single banking entity, Indonesia now
has the largest Islamic bank capable of competing
on the global Islamic banking industry stage.
Menjadi Top 10 Bank
Syariah Global
Visi
Misi
GW GA BISA BACA
5 Fakta
Strategi
Fundamental
Enabler
To support the achievement of this vision and and preferences. Going forward, BSI will become
mission, BSI developed a house of strategy in an Integrated Sharia Financial Services provider
which BSI established 5 strategic focus areas, to deliver access to financial solutions, where
namely Healthy and Sustainable Business Growth, customers can obtain a one stop solution for all
Liquidity Management Optimization, Digital financial needs, including those related to social
Transformation, Islamic Ecosystem Penetration, and spiritual needs.
and Efficiency and Productivity Improvement. BSI
will strengthen its Fundamental Enablers, which In September 2024, for the first time, BSI entered
include aspects of Human Capital, Information the ranks of the top 10 Global Islamic Banks.
Technology, and Environmental, Social, BSI even reached rank 9 based on a market
Governance, Risk & Compliance (ES-GRC). BSI capitalization of Rp138.85 trillion. In other words,
aspires to serve more than 40 million customers the vision set out in the Company’s Long-Term
in the coming years by providing universal Plan was achieved earlier than expected. This also
and comprehensive access to sharia financial made BSI the only Islamic bank in Indonesia to be
solutions, with high-quality digital products and included in the Top 10 Global Islamic Banks.
services that are relevant to customers’ needs
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Grand Strategy
BSI’s strategy in 2025 was focused
on strengthening capabilities
and achieving healthy and
sustainable performance
through the optimization
of its dual licenses as
an Islamic Bank and
a Bullion Bank. In line
with its commitment
to providing a one stop
solution for customers’
financial, social, and
spiritual needs, the dual
license strategy became the
main foundation for expanding the business model and strengthening competitive
differentiation. As an Islamic Bank, BSI offers a unique value proposition through product
innovation and distinctive sharia solutions, including its strategic role as an organizer of
Hajj savings with a relatively low and stable cost of fund structure, thereby strengthening
competitiveness and funding structure.
On the other hand, the Bullion Bank license obtained in 2025 positioned BSI as the first
Gold Bank in Indonesia and opened new sources of growth through the development
of an integrated gold ecosystem, ranging from investment and custody to gold-based
financing. The synergy of these two licenses forms a dual engine growth model that
drives income diversification, customer base expansion, as well as contributions
to strengthening the sharia financial ecosystem and the sustainable downstream
development of the national gold industry.
In addition, in 2025, the macroeconomic environment was quite challenging, with
liquidity conditions in Indonesia’s financial market experiencing significant pressure
as a result of benchmark interest rates remaining higher for longer over the past three
years. The Government also planned to issue Government Securities in 2025 to finance
government projects, thereby driving an increase in the cost of fund and intensifying
competition for third-party fund collection, which in turn put pressure on Net Return (NI)
and the potential increase in credit risk that still needs to be anticipated, particularly in
certain segments that are sensitive to economic movements.
In this context, the national banking industry was required to maintain a balance between
growth and quality, with more disciplined liquidity management, cost of fund efficiency,
and strengthened risk management in order to maintain asset quality. These conditions
became the basis for BSI to formulate adaptive and resilient strategies in responding to
the challenging dynamics of the industry.
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Furthermore, BSI’s key strategy for 2025 is implemented through the 3-on-3 Strategy, which focuses
on Winning Low-Cost Fund, Maintaining Asset Quality, and Productivity Enhancement. This strategy is
designed to support healthy and sustainable performance, with each strategic focus further translated
into three derivative initiatives, as outlined below.
Core Strategy: 3-on-3 Strategy
Winning Low-Cost Fund Maintaining Asset Quality Productivity Enhancement
This focus serves as a strategy
This focus serves as a strategy to maintain asset quality as well This focus serves as a strategy for
to obtain an optimal source as a strategy for healthy and the Bank to improve productivity
of fund by continuing to grow sustainable business growth both from the employee side
sustainable low-cost funds. The with well-maintained quality and the branch side, through 3
3 strategies to be implemented going forward. The 3 strategies main strategies, namely:
in order to achieve this are: to be implemented in order to
achieve this are:
(i) Transaction Solution (i) Manage Net Downgrade (i) Increasing Productivity
BSI places the strengthening In facing asset quality In order to support sustainable
of reliable banking transaction dynamics amid challenging business growth, BSI continues
services as one of its strategic macroeconomic conditions, to encourage employee
priorities, supported by digital BSI implements a manage net productivity improvement
technology capabilities to downgrade strategy as part of through strengthening HR
meet increasingly diverse and strengthening risk management capabilities, refining work
dynamic customer needs. and financing quality control. processes, and utilizing digital
This strategy is focused on technology. This strategy is
Changes in customer behavior
efforts to suppress the rate
that are increasingly shifting directed at ensuring that
of collectibility deterioration
toward digital transactions each employee can make
(downgrade) so that it remains
are viewed as a strategic at a manageable level, through an optimal contribution to
opportunity to increase fee- the strengthening of the early the Company’s performance
based income. Therefore, warning system, regular portfolio achievement, while also
BSI consistently encourages monitoring, and more granular increasing operational
an increase in the number risk segmentation based efficiency and service quality
of active mobile banking on sector, customer profile, to customers. Productivity
users, accelerates transaction and sensitivity to economic enhancement is carried
migration from branch offices conditions. out through competency
to electronic and digital development, sharpening roles
channels, and digitalizes BSI also prioritizes a proactive and responsibilities, as well as
business processes to create approach through the strengthening a performance
services that are more efficient, intensification of selective and culture oriented toward results.
faster, and integrated. measured restructuring, as
well as enhancing the quality In addition, BSI also optimizes
In line with efforts to of engagement with at-risk the use of technology and
customers in order to prevent digitalization of business
strengthen the funding
further deterioration in financing
structure, BSI also focuses processes to support work
quality. On the other hand, the
on increasing the proportion effectiveness and accelerate
disciplined implementation
of CASA-based Third-Party of Risk Acceptance Criteria decision-making. This work
Funds through capability (RAC) and improvements in the process transformation
development and the underwriting process continue enables the simplification of
expansion of Transaction to be strengthened to ensure operational flows, increased
Banking service availability. that new financing has a risk collaboration across work
This initiative is realized, profile in accordance with units, as well as the use of data
among others, through the the Company’s risk appetite. and analytics in supporting
optimization of the Cash Through this combination business activities. Through the
Management System for of preventive and curative combination of competency
productive segment customers measures, BSI seeks to keep its strengthening, process
to increase the volume and non-performing financing ratio optimization, and technological
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intensity of transactions at under control, maintain asset support, BSI seeks to create
BSI. In the retail consumer quality, and support healthy an organization that is
segment, BSI encourages and sustainable business more agile, productive,
increased transaction activity growth. and adaptive in facing the
by expanding the base of dynamics of the banking
active mobile banking users, (ii) Optimal Recovery Collection industry.
while at the same time In order to maintain asset
minimizing cash out through quality and increase the (ii) Optimizing Current IT
recovery rate of non- Development
ecosystem strengthening
performing financing, BSI
(closed loop transaction). BSI carries out a productivity
implements an optimal
This strategy is reinforced by enhancement strategy
recovery collection strategy
increasing the penetration carried out in a structured through optimizing
of electronic channels such and disciplined manner, and information technology
as QRIS and EDC, thereby in line with sharia principles development that supports
encouraging more stable and and prudential principles. business process efficiency
sustainable low-cost fund This strategy focuses on and service quality
growth. accelerating the resolution improvement. The use of
of non-performing financing technology is directed at
(ii) Unique Sharia Funding through the optimization simplifying operational
By having unique value as of selective restructuring, processes, accelerating
both an Islamic bank and a more intensive collection service time, as well as
bullion bank, BSI optimizes efforts, and effective collateral improving data accuracy and
its strategic position to management in accordance integration in supporting
strengthen low-cost fund with applicable provisions. business activities. Through
collection through the This approach is intended to strengthening system
development of gold-based maximize the recovery rate, capabilities and digital
reduce potential losses, and infrastructure, BSI seeks
products in accordance with
maintain the stability of the
sharia principles, such as BSI to create more efficient,
financing portfolio quality.
Gold Installment, BSI Gold responsive, and integrated
Pawn, and gold trading. To support the effective work processes across all lines
These products not only meet implementation of this of the organization.
customers’ investment and strategy, BSI strengthens
financing needs, but also the use of data and portfolio In line with this, BSI continues
become strategic instruments analysis to identify potential to develop and improve
in expanding a more stable deterioration in financing various digital platforms and
and sustainable funding base. quality at an earlier stage and internal systems to support
determine the appropriate employee productivity
In addition, BSI continues to handling measures. In and optimize operational
increase Third-Party Funds addition, the Company performance. This initiative
(DPK) penetration through continues to enhance includes strengthening
the strengthening of unique the capabilities of human the core banking system,
sharia funding, which resources in remedial and developing business
constitutes the Company’s collection functions, including applications, as well as
competitive advantage, in the aspects of restructuring utilizing automation and
analysis, collection strategy, data analytics to support
including Hajj Savings and
and customer relationship
E-Mas Savings, which at the faster and more informed
management. Through
same time open new business decision-making. With
an integrated approach
potential in the Islamic between strengthening the ongoing optimization
banking industry. These systems, processes, and of IT development, BSI is
efforts are complemented HR competencies, BSI committed to creating a
by optimizing the potential seeks to ensure that the more agile organization,
of wadiah-based payroll in financing recovery process improving operational cost
target segments, as well as runs optimally so that efficiency, and strengthening
extending services to priority it can support healthy competitiveness in facing
customers, in order to expand and sustainable financial the increasingly digitalized
transactional relationships performance. banking industry dynamics.
and increase the depth
of banking relationships (iii) Expansion into High (iii) Prioritizing Branding &
sustainably in response to Yield & Prudent Financing Promotion
customers’ needs for sharia- Segments In addition, BSI also ensures
based products. BSI implements a selective that the branding side
expansion strategy by remains productive through
directing financing growth
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(iii) Tactical Fund toward segments with the prioritization of branding
BSI continues its retail fund optimal yield potential and promotion activities
strengthening strategy by (high yield) while remaining that are more targeted
prioritizing the growth of within the corridor of and have high impact.
savings products as a stable prudential principles. The Company ensures
and sustainable source of low- This strategy is carried that every expenditure
cost funds. BSI also continues out through sharpening related to marketing and
to expand its customer base the focus on sectors and corporate communication
financing segments that
and deepen relationships is managed selectively
have measurable risk profiles
in tactical fund segments, with a focus on programs
and provide better margin
in order to create a more contributions to the Company. capable of increasing brand
diversified and sustainable Through this approach, visibility, strengthening BSI’s
funding structure. BSI is also BSI seeks to improve the positioning as a modern
exploring diversification of quality of financing growth Islamic bank, and driving
alternative funding sources, while maintaining a balance customer acquisition and
including the issuance of between profitability and risk transaction activities.
sustainable sukuk as part of management.
its strategy to manage an The implementation of this
optimal and prudent funding The implementation of this strategy is carried out through
structure. strategy is supported by more effective management
strengthening the financing of the marketing budget,
This step is intended to ensure selection process through utilization of digital channels
a more solid and diverse the application of Risk and social media, as well as
customer composition, while Acceptance Criteria (RAC), a integration of communication
at the same time maintaining comprehensive underwriting campaigns aligned with
healthy liquidity conditions in process, and continuous the development of BSI’s
portfolio monitoring. BSI
line with the provisions and leading products and services.
also diversifies its financing
prudential principles set by Through this approach, BSI
portfolio into sectors that
the regulator. are resilient to economic can optimize the impact
dynamics, so as to maintain of promotional activities
asset quality while optimizing on business growth while
financing performance. maintaining operational cost
Through this measured discipline. This strategy is
and prudent expansion expected to strengthen brand
approach, BSI is committed to awareness, increase customer
creating healthy, quality, and loyalty, and support the
sustainable financing growth. sustainable achievement of
the Company’s performance.
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MARKETING ASPECT
MARKETING STRATEGY In mid-2025, BSI further strengthened its global
positioning through the organization of the BSI
Throughout 2025, BSI implemented an integrated International Expo. The event not only recorded
and sustainable marketing strategy aimed at higher business achievements compared with the
expanding market penetration, strengthening previous year but also served a role in introducing
competitiveness, and enhancing brand awareness. the Sharia financial ecosystem in a more
The strategy was designed to maintain consistency comprehensive manner, thereby reinforcing BSI’s
in positioning BSI as a modern, inclusive, and global orientation.
globally oriented Sharia bank, while addressing
the diverse needs of customers across multiple The Marketing Communication Group actively
segments. supported management’s direction by aligning
communication campaigns and marketing
In 2024, the Bank’s marketing efforts were activities with various strategic moments
primarily focused on strengthening brand beyond the Ramadan period. From an activation
awareness and increasing adoption of the BYOND perspective, BSI enhanced experiential marketing
by BSI SuperApp as a representation of BSI’s approaches through activities aligned with societal
digital transformation. To support this objective, values and lifestyles, including international
BSI executed broad-based marketing campaigns concerts, religious study events, and sports events
across Above The Line (ATL) and Below The Line held across multiple cities in Indonesia. These
(BTL) channels, including media exposure and initiatives contributed positively to both awareness
large-scale national activation programs. enhancement and business performance.
Entering 2025, BSI continued the established As a result of consistent strategy execution
marketing direction with sharper focus and a more and clear focus, BSI recorded (yoy)brand
measurable approach. Marketing efforts were awareness growth of 7% at the end of 2025. This
concentrated on BSI’s key product champions, momentum was utilized to further strengthen the
Payroll, Hajj, and Gold, as the main drivers of marketing strategy through periodic data-driven
business growth. Strategic adjustments were measurement and evaluation, serving as the basis
made to ensure that the high level of base brand for future strategic planning and refinement.
awareness achieved could be more effectively
converted into higher consideration levels and Overall, BSI’s marketing strategy in 2025 remained
business conversion. aligned with the approach implemented in 2024,
while being executed with sharper focus on
At the beginning of 2025, the implementation of key products and a more robust measurement
the marketing strategy included the organization framework, supporting sustainable brand and
of a series of BYONDFEST events at major business growth.
shopping centers in Jakarta and other large cities
across Indonesia, including BYONDFEST Ramadan Marketing Strategy Focus
and BYOND by BSI-themed homecoming service The marketing strategy focus in 2025 is implemented
posts. These initiatives served as key pillars in on a sustained basis as a continuation of the
expanding communication reach and enhancing strategy adopted in the previous year. This strategy
public awareness and understanding of BSI’s is directed toward supporting balanced business
digital ecosystem. growth, strengthening the customer base, and
enhancing the quality of revenue contribution,
During the Ramadan period, BSI consistently while continuing to uphold prudential principles,
leveraged heightened customer activity through cost efficiency, and compliance with applicable
targeted publications and communication regulations.
exposure at various prominent touchpoints.
This approach aimed to reinforce the relevance
of the BSI brand in customers’ daily lives while
highlighting the practical value of Sharia banking
products and services.
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MARKET SHARE
BSI holds the largest market share within Indonesia’s Sharia banking industry, as reflected in its relative
position across key indicators, including assets, financing, and TPF. This position highlights the scale and
role of BSI within the Sharia banking sector.
In conducting its business activities, BSI competes directly with other Sharia banks and, more broadly,
with the national banking industry as a whole. Competitive dynamics are reflected in the efforts of banks
to expand and maintain market share, which are commonly assessed based on asset size, financing
distribution, and funding mobilization.
Accordingly, BSI’s market shares relative to the Sharia banking industry, and the national banking industry
is presented in the following section to provide an overview of the Bank’s competitive positioning within
the industry.
The following outlines BSI’s market share position within the national banking industry:
BSI Market Share in the Sharia Banking Industry
(Rp billion)
Component Description 2024 2025 Growth
(1) (2) (3) (4) (5)= (4)-(3)
BSI 408.61 456,193 47,583
Assets Industry 980.29 1,067.73 87.44
Market Share 41.68% 42.73% 1.04%
BSI 278.48 318.84 40.36
Financing Industry 643.55 705.22 47.6
Market Share 43.27% 45.21% 2.86%
BSI 327.45 380,488 22,37
TPF Industry 753.60 829.99 76.39
Market Share 43.45% 45.84% 2.39%
Source:
- OJK Press Release, (data as of February 2026).
- BSI Financial Report December 2025.
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BSI Market Share Compared to the Islamic Banking Industry December 2025
Asset Share Financing Share DPK Share
(%) (%) (%)
45.84%
42.73%
45.21%
BSI
2025 2025 2025
Islamic Banking Industry
57.27% 54.79% 54.16%
BSI Market Share Compared to the Islamic Banking Industry December 2024
Asset Share Financing Share DPK Share
(%) (%) (%)
43.45%
41.68%
43.27%
2024 2024 2024
BSI
Islamic Banking Industry
59.32% 53.73% 56.55%
In 2025, BSI recorded relatively solid performance, as reflected in the development of market share across
asset, financing, and third-party funds indicators. Changes in market share reflect the dynamics of BSI’s
growth relative to the Islamic banking industry as a whole.
Asset Market Share
BSI’s asset market share was recorded at 42.73% in 2025, increasing compared to 41.68% in 2024.
This increase in market share occurred in line with the growth in BSI’s total assets from Rp409
trillion at the end of 2024 to Rp456 trillion in December 2025. This condition reflects BSI’s improving
capabilities, which continue to be in a phase of business expansion.
Financing Market Share
In line with this, BSI’s financing market share showed significant strengthening, reaching 45.21%
in December 2025, up from 43.27% in December 2024. This increase reflects the expansion of BSI’s
financing portfolio into strategic sectors, while continuing to observe prudential principles and
measured risk management.
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Third-Party Funds (DPK) Market Share
Meanwhile, BSI’s DPK market share was recorded at 45.84% in December 2025, increasing from 43.45%
in December 2024. This performance was supported by the fund-raising strategy through product
innovation, including the development of bullion banking services, as well as the strengthening
of service digitalization. In addition, the increase in Islamic financial inclusion also supported DPK
growth, as reflected in the Financial Services Authority (OJK) survey, which showed an increase in the
Islamic financial inclusion index from 12.88% in 2024 to 13.41% in 2025.
BSI Market Share Compared to the National Banking Industry
(Rp trillion)
Component Description 2024 2025 Growth
(1) (2) (3) (4) (5)= (4)-(3)
BSI 408.61 456,193 47,583
Assets National Banking 12,691 13,646 955
Market Share 3.22% 3.34% 0.12%
BSI 278.48 318.84 40.36
Financing National Banking 7,995 8,586 591
Market Share 3.48% 3.71% 0.23%
BSI 327.45 380,488 22.37
TPF National Banking 8,998 10,059.00 1,061
Market Share 3.64% 3.78% 0.14%
Source:
- Indonesian Banking Statistics December 2025, Financial Services Authority (OJK), February 2026 (processed)
- BSI Financial Report December 2025 (processed)
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BSI Market Share compared to the National Banking Industry December 2025
(In %)
Asset Share Financing Share DPK Share
(%) (%) (%)
3.34% 3.71% 3.78%
2025 2025 2025
BSI
Banking Industry
96.66% 96.29% 96.22%
BSI Market Share compared to the National Banking Industry December 2024
(In %)
Asset Share Financing Share DPK Share
(%) (%) (%)
3.22% 3.48% 3.64%
BSI
2024 2024 2024
Banking Industry
96.78% 96.52% 96.36%
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Amid the various challenges faced by the banking Financing Market Share
industry throughout 2025, BSI demonstrated BSI’s financing market share amounted to
relatively resilient performance through 3.71% as of December 2025, increased from
December 2025. During this period, BSI succeeded 3.48% in the corresponding period of 2024. This
in increasing its financing market share, while development reflects year-on-year financing
asset and DPK market shares experienced growth, supported by BSI’s efforts to expand
limited adjustments. This development reflects its financing portfolio into strategic sectors
intensifying competition as well as the trend that support the growth of Indonesia’s Sharia
of moderating funding growth in the national economy, as well as a significant increase in
banking industry. gold financing portfolios.
Asset Market Share Third Party Funds (TPF) Market Share
BSI’s asset market share within the national BSI’s TPF market share reached 3.78% as of
banking industry reached 3.34% as of December 2025, increased from 3.64% in
December 2025, increased from 3.22% in the same period of 2024. This achievement
the same period of 2024. This improvement indicates BSI’s ability to maintain funding
reflects the effectiveness of BSI’s strategy in stability through product innovation and
strengthening capacity and competitiveness, sustained customer confidence.
despite intensified competition across the
national banking sector.
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CUSTOMER COMPLAINT HANDLING
The procedures and workflow for handling customer complaints at BSI are outlined in
the following section:
Customers may submit complaints verbally through the BSI Call Center at 14040 and
will receive a complaint reference number. Written complaints may be submitted
through all cabang Bank Syariah Indonesia, branch offices, the Head Office, BSI
Mobile, BYOND by BSI, or via email at contactus@bankbsi.co.id.
Customer complaints Customers will receive information
will be processed by the on the resolution of their complaints
designated complaint within a maximum of 10 business
handling unit of Bank days and, where necessary, this
Syariah Indonesia. period may be extended by a further
10 business days..
Complaint Submission Requirements
Type of Complaints Customers Customer’s Representatives
Verbal (BSI Call Complaint Documents: Not yet permitted
14040) • Valid customer identification
• Other documents relevant to
the complaint
Written: Complaint Documents:
Bank Syariah • Original and copy of valid identification of the
Indonesia branch customer’s authorised representative
offices, Head Office, • A stamped power of attorney stating that the
BSI Mobile, BYOND customer grants authority to an individual,
by BSI, and Email: institution, or legal entity to act for and on
contactus@bankbsi.
behalf of the customer
co.id
• Other documents relevant to the customer’s
complaint
Complaint handling may also be pursued by customers through the Alternative Dispute Resolution Institution
(LAPS), Bank Indonesia’s mediation services, or the Financial Services Authority (OJK), provided that the
complaint has first been submitted to and addressed by Bank Syariah Indonesia.
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BUSINESS PROSPECT AND 2026 STRATEGY
BUSINESS PROSPECT AND 2026
STRATEGY
Global economic uncertainty is expected to conditions, with U.S. growth projected at 2.4%, up
persist, driven by ongoing trade protectionism and from 2.1% in the previous year. Nevertheless, the
heightened geopolitical tensions across several IMF highlights the significant increase in federal
regions. The implementation of reciprocal tariff government debt as an additional risk to both U.S.
policies by the United States government may and global stability.
disrupt global supply chains, increase economic
fragmentation, and weigh on global growth Advanced European economies are projected
momentum. to gradually adjust their recovery, supported by
improved consumption amid monetary easing,
Referring to the January 2026 World Economic fiscal stimulus, and front-loading of exports ahead
Outlook released by the International Monetary of trade arrangements with the U.S. Meanwhile,
Fund (IMF), unilateral tariff policies implemented emerging economies, including India and ASEAN+
by the United States are projected to reduce countries, are expected to remain resilient and post
imports while supporting exports, thereby lifting growth above the global average, although trade
overall growth. Investment activity is expected tensions with the U.S. may moderate growth in
to improve moderately, strengthening domestic China, India, and several Latin American countries.
demand, consumption, and labor market Overall, the IMF projects global growth in 2026 at
3.3%, unchanged from 2025.
Global Economic Growth Forecast
8
7.3
7
6.4
6.4
6.5
6
5
5
5
4.6
4.5
4.4
4.4
4.3
4.2
4.2
4.2
4.1
4
4
3.3
3.3
3.3
3.2
3
2.8
2.4
2.1
2
2
1.4
1.4
1.3
1.1
0.9
1
0.7
0.6
0
Dunia Euro Area EME’s ASEAN + Amerika Jepang Tiongkok India
Serikat
-0.2
-1
Source: IMF Worls Economic Outlook – January 2026 2024 2025 2026 2027
Geopolitical tensions, fragmented economic growth, and prolonged uncertainty are projected to weigh
on global trade volumes and lead to lower primary energy commodity prices, while global inflation is
expected to continue declining. Ongoing uncertainty has also triggered capital outflows from Emerging
Markets toward safe haven assets, particularly U.S. bonds and gold. Data from the World Gold Council
(WGC) show that central banks added 53 tons of gold to their reserves in October 2025, a significant
increase from 19 tons in August 2025.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BUSINESS PROSPECT AND 2026 STRATEGY
and are projected to increase to US$73.9 billion,
Amid the global slowdown, Indonesia’s economy with growth of approximately 8.73%, including
is expected to remain resilient in 2026. The continued expansion of non-palm-oil exports.
Government has set an economic growth target of
Sources:
5.4%, higher than the 2025 realization, supported
•• World Economic Outlook, International Monetary Fund,
by strengthening performance in strategic January 2026.
sectors such as manufacturing, agriculture, and •• Speech by the Governor of Bank Indonesia at the 2025
Annual Meeting of Bank Indonesia.
energy. This outlook is further underpinned by
•• BSI economic team study.
relatively stable household purchasing power and •• 2026 Draft State Budget document.
a conducive investment climate, supported by •• World Gold Council
continued efforts to enhance legal certainty and
enforcement.
SWOT ANALYSIS
Macroeconomic stability is expected to be
maintained, with inflation projected to remain BSI continuously monitors global and domestic
within target range of 1.5%–3.5%, and the Rupiah developments that may affect the Bank’s
exchange rate remaining relatively stable at performance and risk profile. To assess its
around Rp16,500 per US dollar. competitive positioning and support informed
strategic decision-making, BSI conducts a
Based on the assessment of BSI’s economic team, Strengths, Weaknesses, Opportunities, and
the 2026 outlook is supported by eight key pillars, Threats (SWOT) analysis.
namely the normalization of global trade, asset
reallocation to emerging markets, increasing The SWOT analysis evaluates both internal and
attractiveness of the Rupiah, continuity of priority external factors relevant to the Bank’s operations.
government programs, the impact of economic Internal factors are reflected in the assessment
policy (“Purbaya Effect”), resilient domestic of strengths and weaknesses, while external
consumption, the downstreaming agenda, and factors are analyzed through the identification of
projections of key economic indicators. The opportunities and threats. The outcomes of this
combination of these factors provides a relatively analysis serve as an important input in formulating
strong foundation for Indonesia’s economy, BSI’s strategic direction and strengthening its
although external risks remain elevated. ongoing risk management framework.
Domestic optimism is expected to support
banking credit and financing growth, which Bank
Indonesia projects to grow in the range of 8%–12%
in 2026, accompanied by sound asset quality.
In line with this outlook, BSI projects that total
Sharia banking assets will reach Rp1,205 trillion,
with financing of approximately Rp794 trillion,
representing growth of nearly 11.9%, and TPF of
Rp952.9 trillion, grew by 12.55%.
At the downstream level, the halal industry
is expected to become a key driver of trade
and consumption performance. Domestic
halal product consumption is projected to
reach US$259.8 billion in 2026, growing by
approximately 5.88% and accounting for more
than 30% of national household consumption. On
the export side, halal products contribute around
20% of Indonesia’s total non-oil and gas exports
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BUSINESS PROSPECT AND 2026 STRATEGY
Strengths Weaknesses
•• BSI has the largest scale of assets, financing, and •• The level of public understanding regarding
network in the national Islamic banking industry. Islamic banking products remains a challenge in
•• wnership of both Islamic Bank and Bullion Bank business expansion.
licenses provides unique differentiation in the •• The low-cost fund structure (CASA) still needs to
banking industry, opening opportunities in the be improved to become more competitive.
gold business and expanding sources of income. •• The transformation of systems and business
•• Has an office network totaling more than 1,000 processes still requires continuous refinement.
outlets in Indonesia, as well as overseas office
networks.
•• Has a large customer base, thereby providing
potential for product cross selling.
•• Digital platforms such as BYOND by BSI, BSI Net,
BeWize, QRIS, ATM, and EDC support the increase
of digital transactions and service efficiency.
Opportunities Threats
•• Indonesia has the largest Muslim population in •• Conventional banks and fintech companies offer
the world, which represents significant potential increasingly competitive digital services.
for the development of Islamic finance. Growth •• Rising global interest rates, liquidity pressures,
in the global and national sharia economy. and economic uncertainty may affect business
•• The Bullion Bank license opens opportunities for growth.
the development of gold investment products, •• Liquidity competition among banks may increase
gold custody, and gold-based financing. the cost of funds and put pressure on margins.
•• The growth of halal industries such as halal •• Digital transformation increases the need
food, halal tourism, and halal lifestyle opens new for technology investment as well as the
financing opportunities for BSI. strengthening of system security.
•• BSI’s positioning in the Islamic banking industry
is strong.
•• Government policy support in the development
of the national sharia economy serves as a
catalyst for BSI’s growth.
STRATEGY FOR 2026 The 3-on-3 Strategy focuses on three main pillars.
The first pillar is Winning Low-Cost Fund, which is
In 2026, PT Bank Syariah Indonesia Tbk (BSI) will directed at strengthening the funding structure
continue its growth strategy while maintaining through the development of transaction solutions,
the Winning Game Plan that has proven to provide optimization of funding sources based on Unique
added value in the previous year. This strategy Sharia Funding, and effective management of
is implemented through the 3-on-3 Strategy tactical funds. The second pillar is Maintaining
framework, strengthened by the Better Way of Asset Quality, which emphasizes disciplined
Working approach to respond to new opportunities financing quality management through strategies
and challenges in the financial industry, including to control net downgrade, optimize recovery
competitive dynamics, changes in customer collection, and selectively expand financing into
behavior, and the strengthening of BSI’s role in the segments with optimal yield potential (high yield)
National Sharia Economic ecosystem. while still prioritizing prudential principles. The
third pillar is Productivity Enhancement, which
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BUSINESS PROSPECT AND 2026 STRATEGY
focuses on improving organizational productivity strengthening independent risk management
through strengthening employee performance, particularly in Bullion risk management, as well as
optimizing information technology development, instilling a culture of service based on the values
and managing operational expenditures more of empathy, service, and the spirit of wholehearted
efficiently through the prioritization of high- service to customers.
impact branding and promotion activities.
Through the combination of the 3-on-3 Strategy,
In line with the strengthening of this strategy, strengthening the dual-engine Sharia & Bullion
BSI is also introducing the 2026 Game Changer Bank, and transforming ways of working to
by utilizing its “dual license,” leveraging the become more agile and collaborative, BSI is
advantages of its dual licenses as an Islamic Bank optimistic that it can strengthen competitiveness,
and a Bullion Bank. This approach is strengthened expand the sharia financial ecosystem, and drive
through the implementation of Better Way of healthy and sustainable business growth in 2026
Working, which emphasizes leadership based and beyond.
on segments, products, and sales (segment
leadership, product leadership, and sales Net profit of the segment after zakat and tax
leadership) to strengthen market mastery and amounted to Rp1.00 trillion, an increase of Rp97.53
accelerate the development of sharia and bullion billion or 10.78% compared to 2024 of Rp904.53
products. In addition, BSI is also driving regional billion. The increase in net profit was mainly
expansion, particularly in the Greater Jakarta area, influenced by an increase in other operating
accelerating IT and digital service transformation, income.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
PIONEERING AND STRENGTHENING
SUSTAINABLE BUSINESS
COMMITMENT TO SUSTAINABLE CHANGE MITIGATION EFFORTS
DEVELOPMENT GOALS
The increasing frequency and intensity of extreme
As part of the global effort to balance economic, weather events across various regions have led to
social, and environmental performance, nearly all significant economic losses and social challenges.
member states of the United Nations (UN) have In response, the UNFCCC has facilitated the
agreed to adopt the Sustainable Development development of a global roadmap through
Goals (SDGs) as a framework for national Nationally Determined Contributions (NDCs),
development. The SDGs comprise 17 global goals aiming to limit global warming by reducing global
to be achieved during the 2016–2030 period and GHG emissions by 60% by 2035, based on 2019
serve as a reference for policy formulation and emission levels.
development programs across member countries.
At COP 30, the UNFCCC presented an ambitious
To support and monitor the achievement of SDG target to achieve Net Zero Emissions by 2060. The
targets, regular meetings are conducted through forum also outlined an estimated global funding
the Conference of the Parties (COP), coordinated requirement of up to US$1.3 trillion to support
by the United Nations Framework Convention on energy transition efforts in developing countries.
Climate Change (UNFCCC). This forum functions The allocation of funding contributions from
as a global platform for addressing climate developed countries remains subject to further
change and advancing sustainable development discussion at COP 31 in Turkey. As of COP 30, a
initiatives. consensus on the phased-out use of fossil energy
had not yet been reached.
As one of the leading players in Indonesia’s
Islamic banking industry, BSI is not solely focused Indonesia has actively contributed to global climate
on financial performance, but also places mitigation efforts. In 2021, Indonesia submitted its
strong emphasis on environmental, social, and First NDC, committing to reduce GHG emissions
governance (ESG) impacts. BSI implements by 29% independently and up to 41% with
various sustainability initiatives across economic, international support by 2030. This was followed
social, and environmental dimensions, and by the Enhanced NDC in 2022, which increased
regularly reports both plans and realizations emission reduction targets to 31.89% through
through its Sustainable Finance Action Plan to the domestic efforts and 43.2% with international
Financial Services Authority, as well as through its support. In 2025, Indonesia submitted its Second
Sustainability Report to investors. These efforts NDC, maintaining the same reduction targets
demonstrate BSI’s commitment to supporting while transitioning from a business-as-usual
the achievement of the SDGs in a structured and approach to an absolute emissions level target,
measurable manner. serving as a policy framework for the 2031–2035
period.
As the largest Islamic bank by assets in Indonesia,
BSI fully supports the Government of Indonesia’s To strengthen the domestic regulatory framework,
targets as outlined in the National Action Plan in 2023 OJK issued POJK No. 17/2023 on Governance
(RAN) for Sustainable Development, including the Implementation for Commercial Banks, which
commitment to reduce greenhouse gas (GHG) requires banks to mitigate climate change risks
emissions by 29% through domestic efforts and up affecting asset quality, in line with the adoption
to 41% with international support by 2030, using of IFRS 1 and IFRS 2 in financial reporting. Several
2019 as the baseline year. major banks in Indonesia have disclosed their
compliance efforts through Annual Reports and
Sustainability Reports submitted to OJK.
BSI’S PARTICIPATION IN CLIMATE In line with these requirements, BSI has
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
PIONEERING AND STRENGTHENING
SUSTAINABLE BUSINESS
progressively undertaken various initiatives to BSI has also reviewed best practices through
identify, manage, and mitigate climate-related various reference materials, including Climate-
risks within its operations, as part of strengthening Related Reports, TCFD Reports, IFRS S1 and
sustainable governance and integrated risk S2 Reports, and Sustainability Reports from
management. institutions that have implemented similar
standards.
BSI Initiatives in Complying with POJK No.
17/2023 and Preparation of IFRS S1 and IFRS S2 •• Integration of Climate Change Risks into the
Application Risk Management Framework
In response to the issuance of POJK No. 17/2023 and In line with its initial focus on IFRS S2, BSI
in line with the preparation for the implementation is gradually developing and strengthening
of the IFRS Sustainability Disclosure Standards its Climate Risk Management and Scenario
(IFRS S1 and IFRS S2), which have been adopted Analysis (CRMS) framework as an integral
into PSPK 1 and PSPK 2 in Indonesia, PT Bank part of the Bank’s overall risk management
Syariah Indonesia Tbk (BSI) has undertaken various system. This framework aims to enhance
strategic initiatives and preparatory measures. understanding of the potential impacts of
During the initial phase of adoption, the Bank physical and transition climate risks on the
has prioritized its efforts on IFRS S2, focusing on Bank’s financing portfolio, asset quality, and
climate-related risks and opportunities. overall risk profile.
The initiatives undertaken and planned by BSI •• Strengthening Financing Policies and
include the following: Environmentally Responsible Portfolio
•• Strengthening Governance and Internal Management
Capacity Building BSI has implemented environmentally
BSI has actively participated in the standard- friendly Sharia-compliant financing and
setting and consultation process by submitting currently maintains a portfolio across seven
responses to the Exposure Drafts of PSPK 1 Environmentally Sustainable Business
and PSPK 2 issued by the Financial Services Activities (KUBL), namely:
Authority (OJK). In addition, BSI took part in the - Sustainable Management of Living Natural
Roundtable Discussion on ESG IFRS S1 and S2 Resources and Land Use
for Islamic Banking and the establishment of - Products that Reduce Resource
an ESG Working Group organized by Asbisindo. Consumption and Generate Less Pollution
- Renewable Energy
To enhance internal capabilities, BSI - Other Environmentally Sustainable
participated in several training programs and Business Activities
workshops, including Sustainability Mastery - Green Buildings that Meet National,
with IFRS training organized by the Indonesian Regional, or International Standards or
Institute of Accountants (IAI) through BSI Certifications
Corporate University, as well as workshops - Sustainable Water and Wastewater
on the implementation of PSPK 1 and PSPK Management
2 for Mandiri subsidiaries. Internally, BSI has - Environmentally Friendly Transportation
conducted cross-unit discussions related to
the implementation of PSPK 1 and PSPK 2
and performed self-assessments to evaluate
existing readiness and alignment with the
requirements of the standards.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
PIONEERING AND STRENGTHENING
SUSTAINABLE BUSINESS
To mitigate potential risks and protect asset Through these initiatives, BSI remains committed
quality, BSI has incorporated environmental to ensuring that climate change risk management
aspects into its Operational Technical is proportionally integrated into the Bank’s
Guidelines (PTO) Industry Acceptance Criteria governance and risk management framework,
(IAC). Furthermore, the Green Transportation thereby supporting asset quality resilience and the
sector and the Sustainable Management of long-term sustainability of business performance.
Living Natural Resources and Land Use sector
have been designated as new industry classes
under the Standard Business Procedure (SPB)
Portfolio Guideline.
•• Enhancement of Systems, Data, and
Sustainability Reporting Readiness
BSI continues to enhance system readiness,
data governance, and supporting infrastructure
to ensure the availability of reliable
sustainability-related risk and opportunity
data. These efforts support effective risk
monitoring, management decision-making,
and the gradual improvement of sustainability
disclosures, particularly climate-related
disclosures, in an integrated manner with the
Bank’s financial reporting.
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OPERATIONAL REVIEW PER
BUSINESS SEGMENT
The segment performance discussion in this Annual Report is prepared with reference to the “Segment
Information” note presented in the Audited Financial Statements for the year ended 2025. This
presentation is intended to provide a clear and consistent overview of the Bank’s financial and operational
performance across its distinct lines of business.
Business Segment
Corporate Commercial Institutional Treasury Banking
Retail
Banking Banking Relations and Head Office
Since 2022, BSI has implemented changes to the presentation of operating segments used in internal
management performance reporting. These changes were made to enhance the relevance and
transparency of performance information in line with the Bank’s management structure and decision-
making processes.
Accordingly, the Bank identifies and discloses financial information based on its principal business
activities (operating segments), which are classified into Corporate Banking, Commercial Banking,
Institutional Relationship, Retail, as well as Treasury Banking and Head Office. This segmentation reflects
management’s approach to resource allocation, performance monitoring, and focused risk management
across the Bank’s business portfolio.
BSI as Indonesia’s First Bullion Bank
BSI is the first bank in Indonesia to obtain regulatory approval to conduct integrated fund
collection and distribution activities alongside licensed gold trading operations. Under
this mandate, BSI carries out core activities that support gold ownership and trading, both
through installment-based financing and pawn-based structures, as part of its asset-backed
Islamic banking services.
To optimize this opportunity, BSI offers two primary gold acquisition channels, namely
Gold Financing and Digital Gold. These services are designed to provide customers with
flexible access to gold investment instruments that align with their financial needs and risk
preferences.
In line with the growing perception of gold as a preferred investment and hedging asset,
transaction volumes for gold purchases throughout 2025, across both Gold Financing and
Digital Gold, continued to increase. This trend has contributed positively to the Bank’s funding
growth and the expansion of non-interest income derived from gold ownership and trading
activities.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
OPERATIONAL REVIEW PER BUSINESS SEGMENT
Gains Strategic Advantage as Indonesia’s First Bullion Bank
Gold Installment Gold Pawning Digital Gold
No. of New 358,400 21.623 331,229
Customer ▲ 35.23%YoY ▲ 32.71% YoY ▲ 417.28% Ytd
IDR 14,413 Billion IDR 32,478 Billion 1,844 kg
Disbursement ▲ 92.38% YoY ▲ 52.87% YoY ▲ 315.44 Ytd
Interest Income Fee Based Income Fee Based Income
(IDR Billion) (IDR Billion) (IDR Billion)
+126.84% +50.32% +12,271.64%
769 1,398 270.13
1.83
5.02
68.87
Revenue 997 0.55
520 930 3.46
36.00
0.31
Since bullion bank license 1.99
339 645
331 263.28
64.86
11.39
163 280 7.92 33.70
0.20
0.08
1.82
0.84
9.37 7.00
Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
Others Admin Fee Profit from Trading
(Buy/Sell)
BYOND – Membawa Investasi Emas Lebih Dekat bagi Semua
Kepemilikan Cetak emas Pembelian & Tanpa Hambatan
emas mulai dari mulai dari Penjualan Real-time Transaksi
Tersedia Rp-Grams
2 gram
Rp50,000 24/7
TERJANGKAU, LIKUID, DAN AMAN
Harga Terpercaya, Didukung oleh Tanpa
Kompetitif Asli, Aman &
Emas Fisik Ribet
Terjamin
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
CORPORATE BANKING
PERFORMANCE HIGHLIGHTS 2025
Financing Funding
Rp
70.84trillion Rp
44.36 trillion
Rp
12.12 trillion Rp
22.74 trillion
20.65% yoy 105.21% yoy
2024: Rp58.72 trillion 2024: Rp21.62 triliun
Net Profit (after zakat
& tax)
Rp
1.00 billion
Rp
128.41 billion
14.20%
2024: Rp904.53 billion
Business Scope
The Corporate Banking segment serves large robust halal ecosystem, and strong networks and
scale business entities, including State-Owned synergies with SOEs and the government.
Enterprises (SOEs) and their subsidiaries, state
institutions, multinational companies, non-bank BSI continued to advance innovation through
financial institutions (including non-linkage enhanced digital corporate banking and integrated
venture capital), syndicated financing, publicly cash management services, more flexible Sharia-
listed companies, as well as securities companies. based financing and treasury solutions tailored
A description of Corporate Banking products to corporate needs, and optimized ecosystem
and services is presented in the Profile section – and value-chain approaches. These initiatives aim
Products and Services Subsection of this Annual to improve efficiency, customer loyalty, and fee-
Report. based income.
Competitive Advantages and Innovation Strategy in 2025
In 2025, BSI’s Corporate Banking segment was To address challenges within the Corporate
supported by its position as the largest Islamic Banking segment, BSI implemented strategies
bank in Indonesia, offering end-to-end Sharia- focused on strengthening risk management and
compliant corporate financing capabilities, a improving financing quality, sharpening priorities
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CORPORATE BANKING
on key sectors and the halal ecosystem, and Productivity, Revenue, and Profitability
diversifying Sharia-based products and services, Pada aspek pendanaan, terjadi peningkatan
including cash management and trade finance. sebesar Rp22,75 triliun atau 105,21% yoy
dibandingkan tahun 2024 sebesar Rp21,62 triliun.
On the funding side, BSI strengthened the
acquisition of low-cost funds from corporate Net profit of the segment after zakat and tax
customers through service digitalization. Overall, amounted to Rp1.00 trillion, an increase of Rp97.53
the Corporate Banking segment continued the billion or 10.78% compared to 2024 of Rp904.53
sustainable strategies adopted in the previous billion. The increase in net profit was mainly
year, with adjustments to sector priorities, risk influenced by an increase in other operating
management, and accelerated execution in line income.
with prevailing conditions during 2025.
Corporate Banking Segment Performance 2025
(In Rp million)
Growth
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4/2)
Total Financing 58,719,889 70,842,980 12,123,092 20.65%
NPF (%) 2.24% 1.76% (0.48%) (21.43%)
Total Funding / Third Party
21,619,859 44,366,869 22,747,010 105.21%
Funds (TPF)
Net Fund Management Income 1,076,107 1,042,480 (33,627) (3.12%)
Other Operating Income 374,100 444,885 70,785 18.92%
Operating Expenses (151,526) (233,113) (81,587) 53.84%
Allowance for Impairment
(109,297) 61,612 170,909 (156.37%)
Losses (CKPN)
Profit After Zakat and Tax 904,526 1,002,058 128,410 14.20%
Business Outlook and Strategy for 2026
Looking ahead, the Corporate Banking segment is expected to maintain a positive outlook, supported by
improvements in financing quality and profitability, as reflected in financing growth and a declining NPF
ratio. The development direction for 2026 and beyond will focus on selective and high-quality growth by
prioritizing key sectors, particularly strategic industries, SOEs, government projects, and Indonesia’s halal
ecosystem.
Business development will also emphasize strengthening fee-based income through optimized cash
management, trade finance, and Sharia treasury services, alongside sustained cost efficiency and
prudent risk management. Continued digitalization of corporate banking services and ecosystem-based
approaches are expected to enhance customer loyalty, deepen business relationships, and support the
segment’s sustainable contribution to BSI’s overall performance.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
COMMERCIAL BANKING
PERFORMANCE HIGHLIGHTS 2025
Financing Funding
Rp
19.96 trillion Rp
21.05 trillion
Rp
1.46 trillion Rp
10.03 trillion
7.89% yoy 75.20% yoy
2024: Rp18.50 trillion 2024: Rp12.01 trillion
Net Fund Management Other Operating
Income Income
Rp
519.29 billion Rp
300.39 billion
Rp
55.45billion Rp
55.83 billion
11.95% 22.83%
2024: Rp463.84 billion 2024: Rp244.56 billion
Business Scope
The Commercial Banking segment serves 1. Lead Collaboration with MUF in Joint
medium-sized enterprises, including Regional- Financing
Owned Enterprises (BUMD) and their subsidiaries, Commercial Banking acts as the leading
regional governments, hospitals (except those Business Unit in developing joint financing
governed under special products), and public collaboration with MUF for the Wholesale
and private universities (foundations managing segment, covering Commercial and Corporate
higher education institutions). Descriptions of customers.
Commercial Banking products and services are
presented in the Profile – Products and Services 2. Retail and Consumer Business Collaboration
section of this Annual Report. The segment serves as an entry point for
retail and consumer business development,
Competitive Advantages and Innovation in 2025 contributing to growth in third-party funds
In 2025, the Commercial Banking segment of BSI (TPF) and financing.
demonstrated competitive advantages supported
by cross-unit collaboration and ecosystem
development, with the following key focuses:
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CORPORATE BANKING
3. Hospital Business Financing – Top Branding »» Rewards and Benefits for High-Performing
Commercial Banking positions BSI as Employees
an advanced bank in hospital financing - Structured mutation and promotion
management, with a portfolio of Rp8.67 trillion system based on proper talent pooling.
and approximately 560 hospital customers. - Performance-based rewards aligned
with organizational needs.
4. Highest DPK Impact
Strengthened collaboration with PP •• Product / Program
Muhammadiyah resulted in 24.30% growth in »» Joint Financing Program with MUF for
PP Muhammadiyah’s TPF at BSI during 2025. Wholesale Customers
- Refreshment and program socialization.
Strategy in 2025 - Preparation of booking gimmicks in
The 2025 Commercial Banking strategy focused collaboration with MUF.
on four main pillars: »» Supply chain ecosystem development
through Distributor Financing.
•• Target Segment »» Healthcare ecosystem development
»» Acquisition of Top Players in Indonesia through BPJS Kesehatan Supply Chain
- Conglomerates and business groups Financing (SCF).
of BUMD and reputable private entities
within the Commercial segment. •• Campaign
- Potential existing non-borrower TPF »» Event sponsorships based on requests from
customers (in collaboration with customers, prospective customers, and
managing branches). business communities.
- Prominent entrepreneurs in each RCB/ »» Vendor gatherings and other sponsorship
ACB region (local champions). activities.
- Collaboration with branches managing »» Collaborative initiatives with Commercial
wealth/priority customers who are Banking customers and related Business
entrepreneurs. Units.
»» Layer 2 (L2) of BSI Corporate Business Productivity, Revenue, and Profitability
Customers Total financing in the Commercial Banking
- Targeting L2 of approximately 128 segment as of December 2025 was recorded at
Corporate Business customers with Rp19.96 trillion, increasing by Rp1.46 trillion or
performing status or in line with 7.89% compared to Rp18.50 trillion in 2024. Total
recommendations. funding also increased from Rp12.01 trillion in 2024
- Intensive coordination with Corporate to Rp21.05 trillion in 2025.
Business 1 (CB1), Corporate Business 2
(CB2), and Corporate Business 3 (CB3) Net fund management income was recorded
to explore and access potential L2 at Rp519.29 billion, increasing by Rp55.45 billion
customers. or 11.95% compared to Rp463.84 billion in 2024.
Segment net profit after zakat and tax amounted
•• People Organization to Rp300.39 billion, up by Rp55.83 billion or 22.83%
»» Enhancing Employee Capabilities compared to Rp244.56 billion in 2024.
- Collaboration with Risk Unit Pairing and
BSU to develop sector-focused financing
training syllabi.
- Industry and priority-sector seminars.
- Mandatory training and competency
certification aligned with job levels.
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CORPORATE BANKING
Commercial Banking Segment Performance
(In Rp million)
Growth
Description 2024 2025
Nominal %
(1) (3) (2) (4)=(3)-(2) (5)=(4/2)
Total Financing 18,497,916 19,956,543 1,458,627 7.89%
NPF (%) 2.28% 2.19% (0.09%) (3.95%)
Total Funding / TPF 12,013,780 21,047,633 9,033,853 75.20%
Net Fund Management Income 463,841 519,291 55,450 11.95%
Other Operating Income 198,027 153,925 (44,102) (22.27%)
Operating Expenses (215,341) (244,845) (29,504) 13.70%
Allowance for Impairment Losses
(124,951) (33,380) 91,571 (73.29%)
(CKPN)
Profit After Zakat and Tax 244,558 300,391 55,833 22.83%
Business Outlook and Strategy for 2026 •• Expansion
The 2026 Commercial Banking outlook and - Expansion of sector focus beyond the
strategy are structured around four approaches: sectors currently dominated by commercial,
Optimization, Collaboration, Expansion, and namely education, healthcare, and trade.
Program-Based:
•• Program-Based
•• Optimization - Strengthening cooperation such as with PP
- Optimization of the withdrawal flexibility of Muhammadiyah and NU through business
established financing facilities. ecosystem development.
- Continuous fulfillment of customer needs
through investment financing to maintain
outstanding balances and long-term loyalty.
•• Collaboration
- Wholesale–retail collaboration to capture
potential value chain financing and
corporate customer groups.
- Synergy in accelerating SLA through the
risk pairing group.
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INSTITUTIONAL RELATIONSHIP
PERFORMANCE HIGHLIGHTS 2025
Funding Net Fund Net Profit
Management Income (after zakat & tax)
Rp
103.83 trillion Rp 5,203.79 billion Rp 261.58 billion
Rp
14.37trillion
16.07% yoy
Rp 460.79 billion
9.72% yoy
2024: Rp89.46 trillion 2024: Rp4,743.00 billion
Business Scope the development of transaction, operational, and
The Institutional Relations segment is focused on technology-based solutions. These initiatives aim
fund management and financial transactions of to deliver added value and support institutional
institutional customers that do not have financing operational needs in an effective and sustainable
facilities (financing line). This segment serves, manner.
among others, Ministries, State Institutions,
Public Service Agencies (Badan Layanan Umum The segment’s competitive advantage is
or BLU), sui generis institutions, SOEs and their underpinned by the utilization of integrated
subsidiaries, Regional-Owned Enterprises (BUMD) technology-based services, including the Cash
and their subsidiaries, Regional Governments, Management System (CMS), BSI e-Health, BSI
Regional Public Service Agencies (BLUD) and Institutional Payment (BPI), and system integration
their subordinate units, Government Working for reporting and transaction needs through
Units under Ministries, State Universities, Hospitals Application Programming Interface (API) and/
(owned by the Government, Ministries, SOEs, or Host-to-Host (H2H) connectivity. Continuous
BUMD, and State Institutions), and Public Private innovation enables BSI to address the evolving
Companies. A description of Institutional Relations operational requirements of Ministries and
products and services is presented in the Profile Institutions with greater reliability and efficiency.
section – Products and Services subsection of this
Annual Report. Strategy in 2025
In 2025, the Institutional Relationship segment
Competitive Advantages and Innovation implemented a sustainability-oriented strategy
In 2025, the Institutional Relationship segment to support performance, with the following key
of BSI continued to strengthen synergies and priorities:
collaboration with institutional partners through • Increasing institutional transaction current
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INSTITUTIONAL RELATIONSHIP
accounts through the utilization of the BEWIZE Productivity, Revenue, and Profitability
application for targeted institutions. Total funding in the Institutional Relations
• Driving fund growth, particularly placement segment in December 2025 was recorded at
and transaction current accounts, through Rp103.83 trillion, increasing by Rp14.37 trillion or
optimized institutional collaboration and 16.07% YoY compared to Rp89.46 trillion in 2024.
programs.
• Enhancing understanding of customer needs Fund management income as mudharib in 2025
through analysis of institutional cash in and was recorded at Rp5,203.79 billion, increasing by
cash out patterns to deliver more effective 9.72% compared to Rp4,743.00 billion in 2024.
solutions. Profit in 2025 was recorded at Rp261.58 billion
• Optimizing the placement of institutional funds
while managing customer concentration risk in Segment performance was influenced by several
accordance with the Bank’s risk management key factors:
policies. • Effective collaboration with institutional
• Expanding the institutional customer base customers through a combination of
through ecosystem development across technology solutions, strong products and
Ministries and Government Institutions, after-sales services, competitive profit-sharing
Regional Governments, Public Universities, schemes, capable relationship managers, and
State-Owned Hospitals, subsidiaries of the Bank’s established reputation.
Regional-Owned Enterprises, and publicly • Strong institutional trust, positioning BSI as
listed private companies. a strategic partner in facilitating customer
operations.
• System stability for both institutional users
and civil servants, reinforcing trust at both
institutional and individual levels.
Institutional Relations Segment Performance
(In Rp million)
Growth
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4/2)
Total Funding / Third Party Funds (DPK) 89.456.637 103.829.629 14.372.992 16,07%
Net Fund Management Income 4.743.000 5.203.797 460.797 9,72%
Profit After Zakat and Tax 341,380 174,841 (166,540) (48.78%)
Business Outlook and Strategy for 2026
Looking ahead to 2026, the outlook for the Institutional Relationship segment is expected to be
increasingly dynamic, with heightened competition and complexity. To address these conditions, BSI
has outlined the following strategic directions:
• Focusing on Pareto customers among Ministries and Government Institutions with the largest state
budget allocations, by optimizing fund placements and developing ancillary businesses such as
payroll services, Hajj Savings, Gold Savings, and consumer financing.
• Optimizing institutional fund placements while managing concentration risk in line with management
policies.
• Increasing fund growth, particularly placement current accounts and derived transactions, through
strengthened ecosystems within Regional Governments, Public Universities, State-Owned Hospitals,
and targeted government institutions, thereby maintaining close-loop fund flows and sustaining
Third Party Funds within BSI.
• Consistently maintaining relationships with key institutional stakeholders and responding proactively
to organizational and nomenclature changes within Ministries and Institutions.
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RETAIL
PERFORMANCE HIGHLIGHTS 2025
Financing Funding
Rp
228.04 trillion Rp 210.86 trillion
Rp
26.78 trillion Rp 5.64
trillion
13.31 % yoy 2,75%
2024: Rp201.26 trillion 2024: Rp205.23 trillion
Main contributor: Retail Consumer
+Rp15.74 trillion
Net Fund Management Net Profit
Income (after zakat & tax)
Rp
14.64trillion Rp
5.78 trillion
Rp
1.18trillion
8.79% yoy
2024: Rp13,46 trillion
Business Scope Further details on Retail Segment products are
BSI’s Retail Segment comprises three main sub- presented in the Product and Services subsection
segments: Retail Small and Medium Enterprise of the Bank Profile section of this Annual Report.
(SME), Retail Micro, and Retail Consumer.
These sub-segments serve a significant role in Competitive Advantages and Innovation
supporting the Bank’s intermediation function The Retail Segment benefits from competitive
while contributing to the expansion of Islamic advantages derived from long-term relationships
financial inclusion. with individual customers and the availability of
comprehensive transactional data, enabling more
The Retail SME sub-segment serves private targeted and relevant product offerings. To support
business entities, both incorporated and funding stability, the segment emphasizes the
unincorporated, for productive purposes, including growth of low-cost funds (Current Account Saving
working capital and investment financing. The Account/CASA).
Retail Micro sub-segment focuses on individual
customers and micro-entrepreneurs, including In line with the Bank’s digital transformation
the distribution of subsidized financing to support agenda, the Retail Segment continues to enhance
government programs aimed at empowering service innovation, particularly through the
community-based businesses. Meanwhile, the strengthening of the BYOND by BSI SuperApps to
Retail Consumer sub-segment provides financing support daily transactions, investment activities,
to individuals for consumptive and multipurpose and integrated Islamic financial services.
needs, including housing, multipurpose, vehicle, Digitalization of processes and service channels
pension, financing cards, gold installment, gold is directed at improving productivity, reducing
pawning, and government-supported financing reliance on physical transactions, and enhancing
programs. operational efficiency on a sustainable basis.
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RETAIL
Retail Segment Strategy in 2025 increasing by Rp26.78 trillion or 13.31% year-to-year
In 2025, the Retail Segment focused its strategy (yoy) compared to Rp201.26 trillion in 2024. The
on increasing CASA growth through a cluster- increase was primarily driven by Retail Consumer
based approach, encompassing office clusters, growth, which contributed Rp13.77 trillion. On
residential clusters, and entrepreneur or the funding side, total Retail Segment funding
business clusters. This strategy is implemented increased by 2.75%, from Rp205.23 trillion in 2024
through a one-stop solution concept, providing to Rp210.86 trillion in 2025.
comprehensive banking products and services to
support customers’ financial activities. Net fund management income of the Retail
Segment as of December 2025 reached Rp14.64
Productivity, Revenue, and Profitability trillion, increasing by Rp1.18 trillion or 8.79%
Ongoing digital transformation initiatives have yoy compared to Rp13.46 trillion in 2024. Other
contributed positively to improvements in Retail operating income also increased by 1.75% ytd,
Segment productivity. Continuous development of from Rp2.26 trillion in 2024 to Rp2.30 trillion in
digital channels has reduced reliance on physical 2025. However, the Retail Segment’s impairment
transactions and supported improvements in expenses (CKPN) rose significantly by Rp552.99
efficiency ratios. As a result, savings growth billion or 31.47% compared to 2024. This increase
reached 12.92% year-on-year (yoy) as of September was attributable to the Bank’s risk mitigation
2025. Overall TPF growth was driven primarily by measures through additional CKPN provisioning
the retail and individual segments, with a focus on as an anticipatory step against potential defaults
CASA growth, thereby supporting a lower cost of from customers affected by the Sumatra (Aceh)
funds. disaster. As a result, profit after zakat and tax
declined by 2.54%, from Rp5.93 trillion in 2024 to
Total financing in the Retail Segment as of Rp5.78 trillion in 2025.
December 2025 was recorded at Rp228.04 trillion,
Retail Segment Performance
In Rp million)
Growth
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4/2)
Total Financing 201,263,437 228,044,238 26,780,801 13.31%
NPF (%) 1.76% 1.78% 0.02% 1.14%
Total Funding / TPF 205,226,059 210,861,924 5,635,865 2.75%
Net Fund Management
13,455,386 14,637,844 1,182,458 8.79%
Income
Other Operating Income 2,257,932 2,297,523 39,591 1.75%
Operating Expenses (6,208,730) (7,029,752) (821,022) 13.22%
Allowance for Impairment
(1,757,475) (2,310,473) (552,998) 31.47%
Losses (CKPN)
Profit After Zakat and Tax 5,934,732 5,776,550 (158,182) (2.67%)
Business Outlook and Retail Segment Strategy for 2026
Amid expectations of a stable and resilient banking industry in 2026, the Retail Segment is well positioned
to continue its growth trajectory. Going forward, the segment will focus on increasing savings while
maintaining the distinctive strengths of Islamic banking services.
Key savings products include Easy Savings for individual customers, Payroll Savings for institutional
customers conducting payroll through BSI, including BO2, SOEs, hospitals, and private sector institutions,
Business Savings for entrepreneurs offering free transactions and competitive limits through entrepreneur
and MSME communities, and Hajj Savings to support planning, registration, and settlement of pilgrimage
activities.
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TREASURY BANKING
AND HEAD OFFICE
PERFORMANCE HIGHLIGHTS 2025
Net Fund Management Other Operating
Income Income
Rp
1.72 trillion Rp
4.04 trillion
Rp
12.38 billion 48.19% yoy
0.73% yoy
2024: Rp2.73 trillion
2024: Rp1.71 trillion
Business Scope Competitive Advantages and Treasury
Treasury Banking and Head Office segment Innovation
functions as a supporting segment encompassing • BSI’s Treasury & Global Market (TGM) continues
liquidity management, financial markets, and to develop competitive and innovative Sharia-
centralized banking functions. This segment compliant treasury products and services to
comprises: support both retail and institutional customers.
• Treasury Banking, which includes the Bank’s Key competitive strengths include:
treasury activities, such as foreign exchange • Provision of integrated one-stop treasury
transactions, money market operations, fixed solutions for Sharia-compliant transactions.
income instruments, international banking • Treasury products and services supporting the
activities, capital markets, and supervision of Hajj and Umrah ecosystem.
Overseas Branches. • Strategic partnership role in deepening
• Head Office, which covers the management the Islamic financial market through the
of assets and liabilities not allocated to other development and implementation of Sharia-
operating segments, including cost allocations compliant foreign exchange and money
for centralized services provided to other market instruments.
segments, as well as income and expenses not • Active participation in the development of the
specifically attributable to other reportable Government Sukuk (SBSN) market, both as a
segments. Primary Dealer and through secondary market
trading.
Further details on Treasury Banking and Head • An active role as a market maker in the Rupiah
Office products and services are presented in the and foreign exchange money markets, as well
Profile – Products and Services subsection of this as in the Sharia Government Securities (SBSN)
Annual Report. market, supporting market liquidity and the
orderly functioning of Islamic financial markets.
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TREASURY BANKING AND HEAD OFFICE
• Extensive domestic and international • Revenue Optimization and Cost of Fund (CoF)
counterparty networks. Monitoring
Implementation of liquidity management
Treasury Banking Strategy in 2025 mechanisms to maintain an efficient Cost
To support treasury business growth, TGM BSI of Fund while optimizing fund deployment
implemented the following key strategies in 2025: through financing and treasury transaction
• Product and Service Development services.
Expansion of Sharia-compliant hedging
products, including Islamic Forward, Islamic • Bullion Bank Ecosystem Development
Hedging Multiple Spot (Par Forward), and Expansion of the bullion banking ecosystem
Islamic Swap, retailization of SBSN, alternative through increased transaction volumes,
treasury funding products, and Sharia money strengthened digital services, and more
market instruments tailored to retail and efficient gold inventory management to
institutional needs. support customer growth and new revenue
sources.
• Strengthening Partnerships and Business
Networks Productivity, Revenue, and Profitability
Execution of Memoranda of Understanding As of December 2025, net fund management
and cooperation agreements related to the income of the Treasury Banking and Head Office
Sharia Master Hedging Agreement, Sharia Segment was recorded at Rp1.72 trillion, increasing
Repurchase Agreements, and Sharia money by Rp12.38 billion or 0.73% year-to-year compared
market transactions under Wakalah Bi Al to Rp1.71 trillion in 2024. In addition, other operating
Istitsmar with strategic partners. income rose significantly by 48.19% year-to-year,
from Rp2.73 trillion in 2024 to Rp4.04 trillion in
• Infrastructure Strengthening and Cross-Unit 2025.
Synergy
Establishment of Transaction Banking Foreign
Exchange (TBFX) units in Aceh, Medan,
Bandung, and Surabaya in collaboration with
the Transaction Banking Wholesale Group,
aimed at strengthening organizational
capabilities and optimizing network potential,
including expansion of domestic and
international remittance segments.
Treasury Banking and Head Office Segment Performance
(In Rp million)
Growth
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4/2)
Net Fund Management Income 1,707,162 1,719,540 12,378 0.73%
Other Operating Income 2,726,319 4,040,263 1,313,944 48.19%
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TREASURY BANKING AND HEAD OFFICE
Business Outlook and Treasury Strategy for • Business Process Improvement
2026 - Development of Sharia contracts, products,
Based on the 2026 financial projections, Treasury & and treasury services in coordination with
Global Market has formulated strategic initiatives regulators, industry associations, and
to enhance fee-based income, particularly through financial market participants.
transaction intensification across priority customer - Strengthening treasury system
segments, Hajj and Umrah travel participants, and infrastructure to support digitalization.
remittance companies. - Enhancement of treasury human capital
competencies.
The 2026 Treasury strategy focuses on: - Refinement of internal business processes
• Achievement of Fee-Based Income (FBI) to improve service quality and prudential
Targets standards.
- Provision of Sharia-compliant treasury - Implementation of targeted marketing
transaction products through nationwide strategies aligned with customer
branch network synergies. characteristics and needs.
- Digitalization of Sharia foreign exchange
and Sukuk transaction services via BSI’s
digital platforms.
- Expansion of SBSN retailization programs
and potential customer ecosystems.
- Development of alternative Sharia money
market transaction products.
- Broader customer segmentation and
expansion of strategic counterparties.
- Enhancement of wholesale transaction
performance through cross-group
collaboration to increase share of wallet.
- Further development of bullion banking
products and services aligned with
customer needs.
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FINANCIAL
REVIEW
The following financial review is based on the Financial Statements of BSI for the year ended 31 December
2025, as presented in this Annual Report. The Financial Statements have been audited by Purwanto
Susanti and Surja, an independent public accounting firm.
The independent auditor has expressed an opinion that the Financial Statements present fairly, in all
material respects, the financial position of BSI as of 31 December 2025, as well as its financial performance
and cash flows for the year then ended. The Financial Statements comprise the statements of profit or
loss and other comprehensive income, cash flows, reconciliation of income and profit-sharing, sources
and distribution of zakat funds, and sources and uses of benevolent funds, and have been prepared in
accordance with Indonesian Financial Accounting Standards.
FINANCIAL PERFORMANCE
The financial performance of BSI for the reporting year reflects the results of integrated and prudent
financial management. The presentation of the Bank’s financial performance comprises the Statement
of Financial Position, the Statement of Profit or Loss and Other Comprehensive Income, the Statement of
Cash Flows, the Statement of Reconciliation of Income and Profit-Sharing, the Statement of Sources and
Distribution of Zakat Funds, and the Statement of Sources and Uses of Benevolent Funds, as discussed
in the following sections:
Statements of Financial Position
(in Rp million)
Growth
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4)/(2)
ASSETS
CASH 8,080,689 8,690,766 610,077 7.55%
CURRENT ACCOUNTS AND PLACEMENTS WITH
49,966,279 51,603,043 1,636,764 3.28%
BANK INDONESIA
CURRENT ACCOUNTS AND PLACEMENTS WITH
OTHER BANKS
Third parties 3,752,325 4,440,920 688,595 18.35%
Related parties 128,549 127,529 (1,020) (0.79%)
Total current accounts and placements with other
3,880,874 4,568,449 687,575 17.72%
banks
Allowance for impairment losses (14,809) (17,787) (2,978) 20.11%
Net 3,866,065 4,550,662 684,597 17.71%
INVESTMENT IN MARKETABLE SECURITIES – NET
Third parties 24,134,169 20,711,402 (3,422,766) (14.18%)
Related parties 38,117,637 38,971,200 853,563 2.24%
Total investment in marketable securities 62,251,806 59,682,602 (2,569,204) (4.13%)
Allowance for impairment losses (35,288) (32,114) 3,174 (8.99%)
Net 62,216,518 59,650,488 (2,566,030) (4.12%)
ACCEPTANCE RECEIVABLES
Third parties 12,694 587,439 574,745 4,527.68%
Related parties 172,451 105,678 (66,773) (38.72%)
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FINANCIAL REVIEW
Growth
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4)/(2)
Total acceptance receivables 185,145 693,116 507,971 274.36%
Allowance for impairment losses (1,851) (6,931) (5,080) 274.45%
Net 183,294 686,185 502,891 274.36%
RECEIVABLES
Murabahah
Third parties 144,205,651 149,274,351 5,068,700 3.51%
Related parties 66,883 53,803 (13,080) (19.56%)
Total murabahah 144,272,534 149,328,154 5,055,620 3.50%
Istishna
Third parties 11 - (11) (100,00%)
Ijarah
Third parties 188,361 166,499 (21,862) (11.61%)
Total ijarah 188,361 166,499 (21,862) (11.61%)
Total receivables 144,460,906 149,494,653 5,033,747 3.48%
Allowance for impairment losses (4,265,369) (4,560,165) (294,796) 6.91%
Net 140,195,537 144,934,488 4,738,951 3.38%
FUNDS OF QARDH
Third parties 12,863,002 17,201,419 4,338,417 33.73%
Related parties 910,782 520.509 (390,273) (42.85%)
Total funds of Qardh 13,773,784 17,721,928 3,948,144 28.66%
Allowance for impairment losses (787,694) (748,173) 39,521 (5.02%)
Net 12,986,090 16,973,755 3,987,665 30.71%
FINANCING
Mudharabah
Third parties 937,079 889,309 (47.770) (5.10%)
Related parties 2,000,000 2,000,000 – 0.00%
Total mudharabah 2,937,079 2,889,309 (47.770) (1.63%)
Allowance for impairment losses (93,488) (51,456) 42.032 (44.96%)
Net 2,843,591 2,837,853 (5.738) (0.20%)
Musyarakah
Third parties 88,044,668 118,731,486 30,686,818 34.85%
Related parties 26,142,550 26,140,288 (2,262) (0.01%)
Total musyarakah 114,187,218 144,871,774 30,684,556 26.87%
Allowance for impairment losses (5,145,131) (5,622,587) (477,456) 9.28%
Net 109,042,087 139,249,187 30,207,100 27.70%
Total financing 117,124,297 147,761,083 30,636,786 26.16%
Allowance for impairment losses (5,238,619) (5,674,043) (435,424) 8.31%
Net 111,885,678 142,087,040 30,201,362 26.99%
ASSETS ACQUIRED FOR IJARAH – NET 3,122,255 3,866,097 743,842 23.82%
FIXED ASSETS AND RIGHT-OF-USE ASSETS – NET 7,723,853 11,421,035 3,697,182 47.87%
INTANGIBLE ASSETS – NET 2,102,344 2,436,092 333,748 15.88%
DEFERRED TAX ASSETS 2,056,727 1,875,326 (181,401) (8.82%)
OTHER ASSETS – NET 4,228,103 7,417,629 3,189,526 75.44%
TOTAL ASSETS 408,613,432 456,192,606 47,579,174 11.64%
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FINANCIAL REVIEW
Growth
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4)/(2)
LIABILITIES, TEMPORARY SYIRKAH FUNDS, AND
EQUITY
LIABILITIES
OBLIGATIONS DUE IMMEDIATELY
Third parties 845.825 927.752 81.927 9,69%
Related parties 12.818 9.601 (3.217) (25,10%)
Total immediate liabilities 858.643 937.353 78.710 9,17%
UNDISTRIBUTED REVENUE SHARING 291.578 258.515 (33.063) (11,34%)
WADIAH DEPOSITS
Wadiah demand deposits
Third parties 16.260.234 24.879.855 8.619.621 53,01%
Related parties 2.886.845 2.910.619 23.774 0,82%
Total wadiah demand deposits 19.147.079 27.790.474 8.643.395 45,14%
Wadiah savings deposits
Third parties 55.266.166 63.293.651 8.027.485 14,53%
Related parties 13.901 17.470 3.569 25,67%
Total wadiah saving deposits 55.280.067 63.311.121 8.031.054 14,53%
Total wadiah deposits 74.427.146 91.101.595 16.674.449 22,40%
DEPOSITS FROM OTHER BANKS
Wadiah demand deposits
Third parties 173.510 86.913 (86.597) -49.91%
Related parties 1.369 1.175 (194) -14.17%
Total wadiah demand deposits 174.879 88.088 (86.791) -46,63%
Wadiah savings deposits
Third parties 8.985 17.704 8.719 97,04%
Sharia Compliant Interbank Fund Management
Certificate (“SIPA”)
Third parties 400.000 2.693.886 2.293.886 573,47%
Related parties 200.834 - (200.834) -100,00%
Total Sharia Compliant Interbank Fund 2.693.886 2.093.052
600.834 -348,36%
Management Certificate (“SIPA”)
Total deposits from other banks 784.698 2.799.678 2.014.980 256,78%
LIABILITIES TO BANK INDONESIA 18.417.864 – (18,417,864) -100,00%
ACCEPTANCE LIABILITIES
Third parties 72.792 498.492 425.700 584,82%
Related parties 112.353 194.624 82.271 73,23%
Total acceptance liabilities 185.145 693.116 507.971 274,36%
TAXES PAYABLE
889.642 439.413 -450.229 -50,61%
EMPLOYEE BENEFITS LIABILITIES 534.730 578.150 43.420 8,12%
ESTIMATED LOSSES ON COMMITMENTS AND
24.045 26.183 2.138 8,89%
CONTINGENCIES
OTHER LIABILITIES 5.867.830 8.095.239 2.227.409 37,96%
TOTAL LIABILITIES 102.281.321 104.929.242 2.647.921 2,59%
TEMPORARY SYIRKAH FUNDS
Mudharabah demand deposits
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Growth
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4)/(2)
Third parties 17.421.912 24.805.106 7.383.194 42,38%
Related parties 19.813.889 19.284.514 -529.375 -2,67%
Total Mudharabah demand deposits 37.235.801 44.089.620 6.853.819 18,41%
Mudharabah savings deposits
Third parties 85.414.890 98.825.160 13.410.270 15,70%
Related parties 375.768 1.108.173 732.405 194,91%
Total Mudharabah savings deposits 85.790.658 99.933.333 14.142.675 16,49%
Mudharabah time deposits
Third parties 92.556.398 99.049.344 6.492.946 7,02%
Related parties 38.122.469 47.068.292 8.945.823 23,47%
Total Mudharabah time deposits 130.678.867 146.117.636 15.438.769 11,81%
Total Mudharabah demand deposits, savings
253.705.326 290.140.589 36.435.263 14,36%
deposits, and time deposits
Interbank Mudharabah Investment Certificates (“SIMA”)
Third parties 2.481.425 2.095.000 (386,425) -15,57%
Related parties 885.225 550.000 (335,225) -37,87%
Total Interbank Mudharabah Investment Certificates
3.366.650 2.645.000 (721,650) -21,44%
(“SIMA”)
Issued Mudharabah Sukuk
Third parties 2.653.063 5.117.401 2.464.338 92,89%
Related parties 365.500 1.207.500 842.000 230,37%
Total issued mudharabah sukuk 3.018.563 6.324.901 3.306.338 109,53%
Subordinated Sukuk Mudharabah
Third parties 140.000 145.000 5.000 3,57%
Related parties 60.000 55.000 -5.000 -8,33%
Total subordinated sukuk mudharabah 200.000 200.000 0 0,00%
Mudharabah term financing 1.000.000 – -1.000.000 -100,00%
TOTAL TEMPORARY SYIRKAH FUNDS 261.290.539 299.310.490 38.019.951 14,55%
EQUITY
Share capital – full amount
Issued and fully paid capital 23.064.630 23.064.630 0 0,00%
Additional paid-in capital (3.929.100) (3.929.100) 0 0,00%
Gain on revaluation of fixed assets 553.440 553.440 0 0,00%
Remeasurement of employee benefit lliabilities –
347.644 352.934 5.290 1,52%
net of tax
Unrealised gain/(loss) on marketable securities
measured at fair value through other (56.814) 332.558 389.372 -685,35%
comprehensive income – net of tax
Retain earnings
Appropriated 3.377.462 4.778.639 1.401.177 41,49%
Unappropriated 21.684.310 26.799.773 5.115.463 23,59%
TOTAL EQUITY 45.041.572 51.952.874 6.911.302 15,34%
TOTAL LIABILITIES, TEMPORARY SYIRKAH FUNDS
408.613.432 456.192.606 47.579.174 11,64%
AND EQUITY
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TOTAL ASSETS Receivables
Receivables increased to Rp149.49 trillion in
Total assets of BSI stood at Rp456.19 trillion in December 2025, up by Rp5.03 trillion or 3.48% yoy
December 2025, increased by Rp47.58 trillion or compared to Rp144.46 trillion in 2024. Primarily
11.64% year on year (yoy) compared to Rp408.61 driven by growth in the consumer sector of Rp3.67
trillion in 2024. The increase in assets was primarily trillion, trade of Rp1.34 trillion, and agriculture of
driven by growth in net financing of Rp39.67 Rp740.53 billion.
trillion, net fixed assets and right-of-use assets of
Rp3.70 trillion, as well as an increase in other net Funds of Qardh
assets of Rp3.19 trillion. Qardh financing was recorded at Rp17.72 trillion
in December 2025, increased by Rp3.95 trillion or
Cash 28.66% yoy compared to Rp13.77 trillion in 2024. This
The cash position as of December 2025 was Rp8.69 growth was primarily supported by an increase in
trillion, increased by Rp610.08 billion or 7.55% yoy gold pawn (rahn) financing of Rp3.98 trillion, from
compared to Rp8.08 trillion in 2024. The increase Rp8.08 trillion in 2024 to Rp12.06 trillion in 2025.
mainly came from cash in transit amounting
to Rp283.87 billion and ATM cash amounting to Financing
Rp208.97 billion. Financing reached Rp147.76 trillion in December
2025, increased by Rp30.64 trillion or 26.16% yoy
Current Accounts and Placements with Bank compared to Rp117.12 trillion in 2024. Financing
Indonesia growth was driven by the consumer sector
Current accounts and placements with Bank amounting to Rp16.28 trillion, trade amounting to
Indonesia stood at Rp51.60 trillion in December Rp9.66 trillion, and business services amounting to
2025, increased by Rp1.64 trillion or 3.28% yoy Rp2.99 trillion.
compared to Rp49.97 trillion in 2024. The increase
was mainly attributable to the increase in Wadiah Assets Acquired for Ijarah
current accounts with Bank Indonesia. Net assets acquired for ijarah were recorded at
Rp3.86 trillion in December 2025, rose by Rp743.84
Current Accounts and Placements with Other billion or 23.82% yoy compared to Rp3.12 trillion
Banks in 2024. The growth was primarily driven by the
Current accounts and placements with other transportation equipment sector amounting to
banks (net) stood at Rp4.55 trillion in December Rp720.61 billion and the property sector amounting
2025, rose by Rp685 billion or 17,71% yoy compared to Rp464.67 billion.
to Rp3.87 trillion in 2024. The increase was
attributable to current accounts with other banks, Property, Equipment, and Right-of-Use Assets
which increased by Rp1.24 trillion compared to Net fixed assets and right-of-use assets increased
2024. significantly to Rp11.42 trillion in December 2025,
grew by Rp3.70 trillion or 47.87% yoy compared
Investments in Securities to Rp7.72 trillion in 2024. The increase was mainly
Net investment in securities decreased by Rp2.57 driven by higher right-of-use assets amounted to
trillion, from Rp62.22 trillion in December 2024 to Rp2.65 trillion and office equipment amounted to
Rp59.65 trillion in December 2025. The decrease Rp1.37 trillion.
mainly occurred in SUKBI instruments amounting
to Rp3.20 trillion. Intangible Assets
Net intangible assets amounted to Rp2.44 trillion
Acceptance Receivables in December 2025, rose by Rp334 billion or 15.88%
Acceptances receivable (net) were recorded at compared to Rp2.10 trillion in 2024. The increase
Rp686.19 billion in December 2025, an increase was primarily related to additional information
of Rp502.89 billion compared to 2024 of Rp183.29 technology licenses, including strengthening
billion. The increase mainly came from the rise in system security and developing the BYOND by BSI
import usance SKBDN acceptance receivables of application.
Rp498.60 billion, from Rp133.30 billion in 2024 to
Rp631.90 billion in 2025.
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FINANCIAL REVIEW
Deferred Tax Assets Undistributed Revenue Sharing
Deferred tax assets stood at Rp1.88 trillion, Undistributed profit sharing was recorded at
decreased by Rp181.40 billion or 8.82% compared Rp258.52 billion in December 2025, down by
to Rp2.06 trillion in 2024. The decline was Rp33.06 billion or 11.34% yoy compared to Rp291.58
influenced by the implementation of the Minister billion in 2024. The decrease was caused by the
of Finance of the Republic of Indonesia Regulation decline in undistributed profit sharing on non-
No. 74 of 2024 concerning the establishment of bank current accounts amounting to Rp18.26
allowance for doubtful accounts deductible from billion, PASBI profit sharing amounting to Rp6.40
gross income, which resulted in adjustments to billion, and undistributed profit sharing on non-
the deferred tax asset balance. bank deposits amounting to Rp5.51 billion.
Other Assets Wadiah Deposits
Other assets consist of, among others, prepaid Wadiah deposits, consisting of wadiah current
expenses, SKBDN receivables from customers, accounts and wadiah savings, stood at Rp91.10
foreclosed collateral, securities income receivables, trillion in December 2025, increased by Rp16.67
accrued financing income, office supplies and trillion or 22.40% compared to Rp74.43 trillion in
stamp inventories, third-party receivables, ATM 2024. This growth was driven by an increase in
receivables, security deposits, and other items. wadiah current accounts of Rp8.64 trillion and
wadiah savings of Rp8.03 trillion, reflecting the
Other assets (net) were recorded at Rp7.42 trillion stability of transaction-based funds.
in December 2025, increased by Rp3.19 trillion or
75.44% yoy compared to Rp4.23 trillion in 2024. Deposits from Other Banks
The increase mainly came from the rise in SKBDN Deposits from other banks were recorded at
receivables from customers amounting to Rp1.41 Rp2.80 trillion in December 2025, increased by
trillion, ERR receivables amounting to Rp782 Rp2.01 trillion compared to Rp784.70 billion in
billion, as well as prepaid expenses amounting to 2024. The increase in Interbank Fund Management
Rp440 billion. Certificates Based on Sharia Principles (SIPA)
amounting to Rp2.09 trillion was the main factor
behind the increase in deposits from other banks.
TOTAL LIABILITIES
Liabilities to Bank Indonesia
Total liabilities of BSI stood at Rp104.93 trillion in As of December 2025, BSI had no liabilities to
December 2025, increased by Rp2.65 trillion or Bank Indonesia. In comparison, liabilities to Bank
2.59% yoy compared to Rp102.28 trillion in 2024. Indonesia stood at Rp18.42 trillion in 2024.
The increase in liabilities was supported by higher
wadiah deposits and deposits from other banks. Borrowings
In both 2025 and 2024, BSI did not have any
Obligations Due Immediately borrowings outstanding.
Obligations due immediately stood at Rp937.35
billion in December 2025, rose by Rp78.71 billion Acceptance Liabilities
or 9.17% yoy compared to Rp858.64 billion in 2024. Acceptance liabilities were recorded at Rp693.12
The increase mainly came from liabilities to third billion in December 2025, down by Rp507.97
parties amounting to Rp267.88 billion. billion compared to Rp185.15 billion in 2024. This
increase was mainly caused by the rise in import
usance SKBDN acceptance liabilities amounting
to Rp535.25 billion.
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Tax Payables Mudharabah Current Accounts
Taxes payable were recorded at Rp439.41 billion Mudharabah current accounts stood at Rp44.09
in December 2025, decreased by Rp450.23 billion trillion in December 2025, increased by Rp6.85
compared to Rp889.64 billion in 2024. The decrease trillion or 18.41% yoy compared to Rp37.24 trillion in
was mainly caused by Article 25/29 Income Tax 2024. The increase mainly came from the growth
amounting to Rp454.24 billion, from Rp674.84 in mudharabah current accounts for SBSN funds
billion in 2024 to Rp220.60 billion in 2025. amounting to Rp4.05 billion.
Employee Benefits Liabilities Mudharabah Savings
Employee benefit liabilities stood at Rp578.15 Mudharabah savings stood at Rp99.93 trillion
billion in December 2025, increased by Rp43.42 in December 2025, increased by Rp14.14 trillion
billion or 8.12% yoy compared to Rp534.73 billion or 16.49% yoy compared to Rp85.79 trillion in
in 2024. 2024. The increase mainly came from growth in
business savings products amounting to Rp6.59
Estimated Losses on Commitments and trillion, easy mudharabah savings amounting to
Contingencies Rp3.44 trillion, and regular Tapenas amounting to
Estimated losses on commitments and Rp1.42 trillion.
contingencies stood at Rp26.18 billion in December
2025, up by Rp2.14 billion or 8.89% yoy compared Mudharabah Time Deposits
to Rp24.04 billion in 2024. The increase was in Mudharabah time deposits stood at Rp146.12
line with the higher outstanding commitment trillion in December 2025, grew by Rp15.44 trillion
liabilities. or 11.81% yoy compared to Rp130.68 trillion in
2024. The growth was primarily supported by an
Other Liabilities increase in third-party mudharabah deposits of
Other liabilities stood at Rp8.10 trillion in December Rp6.49 trillion and related-party deposits of Rp8.95
2025, increased by Rp2.23 trillion or 37.96% yoy trillion in 2025.
compared to Rp5.87 trillion in 2024. The increase
was primarily driven by higher lease liabilities, Subordinated Mudharabah Sukuk
which rose by Rp2.53 trillion. Subordinated mudharabah sukuk stood at
Rp200.00 billion in December 2025, unchanged
compared to 2024.
TOTAL TEMPORARY SYIRKAH FUNDS
Issued Mudharabah Sukuk
Temporary syirkah funds consisted of mudharabah Mudharabah sukuk issued stood at Rp6.32 trillion
current accounts, mudharabah savings, in December 2025, up by Rp3.31 trillion or 109.53%
mudharabah deposits, interbank mudharabah yoy compared to Rp3.02 trillion in 2024. In June
investment certificates (SIMA), subordinated 2025, BSI issued Phase II of its Sustainable (ESG)
mudharabah sukuk, issued mudharabah sukuk, Sukuk amounting to Rp5.00 trillion, strengthening
as well as mudharabah term financing. its medium- to long-term funding alternatives.
Total temporary syirkah funds stood at Rp299.31 Mudharabah Term Financing
trillion in December 2025, increased by Rp38.02 As of December 2025, BSI did not have any
trillion or 14.55% compared to Rp261.29 trillion in mudharabah term financing outstanding. In
2024. The increase was primarily driven by growth comparison, mudharabah term financing stood at
in mudharabah current accounts, savings, and Rp1.00 trillion in 2024.
time deposits, which rose by Rp36.44 trillion in
2025, reflecting a strengthening of the profit-
sharing-based funding base.
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EQUITY Unrealized Gains/(Losses) on Securities
Measured at Fair Value through Other
Equity of BSI stood at Rp51.95 trillion in December Comprehensive Income
2025, rising by Rp6.91 trillion or 15.34% yoy As of December 2025, BSI recorded unrealized
compared to Rp45.04 trillion in 2024. The increase gains on securities measured at fair value
in equity was primarily driven by higher retained through other comprehensive income (net of tax)
earnings, reflecting the Bank’s ability to generate amounting to Rp332.56 billion. In comparison,
sustainable profitability. 2024 reflected unrealized losses of Rp56.81 billion,
indicating improved market conditions and a
Issued and Fully Paid Capital stronger valuation of the securities portfolio.
Issued and fully paid-up capital stood at Rp23.06
trillion in December 2025, unchanged compared Retained Earnings
to 2024. Retained earnings stood at Rp31.58 trillion in
December 2025, rose by Rp6.52 trillion or 26.00%
Additional Paid-in Capital yoy compared to Rp25.06 trillion in 2024. The
Additional paid-in capital stood at Rp3.93 trillion increase was driven by growth in both appropriated
in December 2025, unchanged from the previous and unappropriated retained earnings, in line with
year. the Bank’s financial performance throughout the
period..
Revaluation Surplus on Fixed Assets
The gain on revaluation of fixed assets stood at
Rp553.44 billion in December 2025, unchanged
compared to 2024.
Remeasurement of Defined Benefit Plans – Net
of Tax
Remeasurement of the defined benefit plan, net
of tax, stood at Rp352.93 billion, rose by Rp5.29
billion or 1.52% compared to Rp347.64 billion in
2024. The increase reflects changes in actuarial
assumptions, which had a limited impact on the
Bank’s equity position.
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STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Profit and Loss and Other Comprehensive Income Statement Table
(In Rp million)
Growth
Description 2024 2025 (Q3)
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4)/(2)
INCOME FROM FUND MANAGEMENT AS MUDHARIB
Income from sale and purchases 13,404,055 14.510.697 1.106.642 8,26%
Income from profit sharing 8,001,204 10.126.213 2.125.009 26,56%
Income from ijarah – net 192,124 128.536 (63.588) (33,10%)
Other main operating income 3,700,820 3.500.045 (200.775) (5,43%)
THIRD PARIES’ SHARE ON RETURN (7,889,029) (9.136.405) (1.247.376) 15,81%
BANK’S SHARE IN PROFIT 17,409,174 19.129.086 (1.719.912) 9,88%
OTHER OPERATING INCOME
Fee-based income from banking services 3,678,362 4.631.301 952.939 25,91%
Gain from marketable securities 587,199 1.000.562 413.363 70,40%
Other income 1,290,918 1.304.733 13.815 1,07%
Total other operating income 5,556,479 6.936.596 1.380.117 24,84%
OPERATING EXPENSES
Salaries and benefits (5,284,136) (5.496.617) (212.481) 4,02%
General and administrative (6,342,626) (8.109.463) (1.766.837) 27,86%
Wadiah bonus (586) (651) (65) 11,09%
Others (166,294) (93.983) 72.311 (43,48%)
Total operating expenses (11,793,642) (13.700.714) (1.907.072) 16,17%
Provision for impairment losses on earning and
(1,893,867) (2.356.951) (463.084) 24,45%
non-earning assets – net
INCOME FROM OPERATION 9,278,144 10.008.017 729.873 7,87%
NON-OPERATING INCOME/(EXPENSE) – NET 4,312 3.688 (624) (14,47%)
INCOME BEFORE ZAKAT AND TAX EXPENSE 9,282,456 10.011.705 729.249 7,86%
ZAKAT (232,061) (250.293) (18.232) 7,86%
TAX EXPENSES (2,044,507) (2.193.889) (149.382) 7,31%
NET INCOME 7,005,888 7.567.523 561.635 8,02%
OTHER COMPREHENSIVE INCOME
Items that will not be reclassified to profit or loss:
Gain on revaluation on fixed assets 108,910 – (108.910) (100,00%)
Remeasurement of employee benefit liabilities 136,130 6.782 (129.348) (95,02%)
Related income tax (29,948) (1.492) 28.456 (95,02%)
Items that will be reclassified to profit or loss:
Unrealised gain/(loss) on marketable securities
measured at fair value through other (92,116) 492.515 584.631 (634,67%)
comprehensive income
Related income tax 29,148 (103.143) (132.291) (453,86%)
Total other comprehensive income – net of tax 152,124 394.662 242.537 159,43%
TOTAL COMPREHENSIVE INCOME 7,158,012 7.962.185 804.173 11,23%
BASIC AND DILUTED EARNINGS PER SHARE
151.88 164,05 12,17 8,01%
(Full Rupiah)
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INCOME FROM FUND MANAGEMENT OTHER OPERATING INCOME
BY THE BANK AS MUDHARIB
Other operating income, consisting of banking
Income from fund management by the Bank as service fees, gains on investment securities,
mudharib stood at Rp28.27 trillion in December and other income, stood at Rp6.94 trillion in
2025, grew by Rp2.97 trillion or 11.73% yoy December 2025, grew by Rp1.38 trillion or 24.84%
compared to Rp25.30 trillion in 2024. The increase yoy compared to Rp5.56 trillion in 2024. The largest
was primarily supported by higher profit-sharing increase was recorded in banking service fee
income of Rp2.13 trillion and trading income of income.
Rp1.11 trillion, which drove the growth in fund
management income. Fee-Based Income
Banking service fee income stood at Rp4.63 trillion,
Income from Sale and Purchase Transactions grew by Rp902.01 billion or 25.91% yoy compared
Income from sale and purchase transactions to Rp3.68 trillion in the previous year. There were
stood at Rp14.51 trillion, increased by Rp1.11 trillion increases in rahn income amounting to Rp519.50
or 8.26% yoy compared to Rp13.40 trillion in 2024. billion, gold margin income amounting to Rp255.21
The expansion of murabahah receivables and billion, and internet and mobile banking service
the maintained quality of receivables disbursed income amounting to Rp87.43 billion.
were the main factors supporting the increase in
trading income in 2025. Gains on Investment Securities
Gains on investment securities stood at Rp1.00
Income from Profit Sharing trillion, grew by Rp413.36 billion or 70.40% yoy
Profit-sharing income reached Rp10.13 trillion, compared to Rp587.20 billion in 2024. The increase
increased by Rp2.13 trillion or 26.56% yoy compared was primarily driven by income from the disposal
to Rp8.00 trillion in the previous year. The growth of securities and higher fair value gains on
was primarily driven by income from musyarakah securities measured at fair value.
financing, which rose by Rp2.14 trillion or 27.26%
compared to last year. Other Income
Other income was recorded at Rp1.31 trillion, up
Net Ijarah Income by Rp13.82 billion or 1.07% yoy compared to Rp1.29
Income from ijarah, net, was recorded at Rp128.54 trillion in 2024. The increase came from recoveries
billion, down by Rp63.59 billion compared to of receivables and financing that had been written
Rp192.12 billion in 2024. off.
Other Main Operating Income
Other main operating income was recorded at OPERATING EXPENSES
Rp3.50 trillion, decreased by Rp200.77 billion or
5.43% yoy compared to Rp3.70 trillion in 2024. The Operating expenses stood at Rp13.70 trillion in
item that declined was investment income from December 2025, increased by Rp1.91 trillion or
securities. 16.17% compared to Rp11.79 trillion in 2024. The
increase was primarily driven by higher general
Share of Profit Attributable to Third Parties and administrative expenses amounting to Rp1.77
Third parties’ share in profit-sharing stood at trillion and salary and allowance expenses of
Rp9.14 trillion, grew by Rp1.25 trillion or 15.81% yoy Rp212.48 billion.
compared to Rp7.89 trillion in the previous year.
The largest increases were recorded in profit- Salaries and Benefits
sharing on mudharabah time deposits amounting Salary and allowance expenses rose by Rp212.48
to Rp1.05 trillion, sustainable sukuk of Rp202.40 billion or 4.02% yoy, from Rp5.28 trillion in 2024 to
billion, and mudharabah current accounts of Rp5.50 trillion in 2025.
Rp197.79 billion.
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General and Administrative Expenses PROFIT BEFORE ZAKAT AND INCOME
General and administrative expenses were TAX
recorded at Rp8.11 trillion, up by Rp1.77 trillion or
27.86% yoy compared to Rp6.34 trillion in 2024. Profit before zakat and tax expense stood at
The increase mainly came from depreciation of Rp10.01 trillion, grew by Rp729.25 billion or 7.86%
fixed assets and amortization of intangible assets yoy compared to Rp9.28 trillion in 2024.
amounting to Rp575.56 billion, rental expenses
amounting to Rp213.92 billion, and outsourcing
expenses amounting to Rp175.28 billion. ZAKAT
Wadiah Bonus As of December 2025, zakat on BSI’s business
Wadiah bonus expense stood at Rp651 million, profit was recorded at Rp250.29 billion, increased
increasing by Rp65 million or 11.09% compared to by Rp18.23 billion or 7.86% compared to Rp232.06
Rp586 million in 2024. billion in 2024.
Others
Other expenses stood at Rp93.98 billion, declining INCOME TAX EXPENSE
significantly by Rp72.31 billion or 43.48% yoy
compared to Rp166.29 billion in 2024. Tax expense stood at Rp2.19 trillion, increased by
Rp149.38 billion or 7.31% yoy compared to Rp2.04
trillion in 2024.
ALLOWANCE FOR IMPAIRMENT
LOSSES ON EARNINGS AND NON-
EARNINGS ASSETS – NET NET PROFIT
Net impairment losses on productive and non- Net profit stood at Rp7.57 trillion, grew by Rp561.64
productive assets stood at Rp2.36 trillion in billion or 8.02% yoy compared to Rp7.01 trillion in
December 2025, rising by Rp463.08 billion or 2024.
24.45% yoy compared to Rp1.89 trillion in 2024.
The increase in CKPN expense was in line with OTHER COMPREHENSIVE INCOME
higher financing disbursement by the Bank and
risk mitigation measures related to the Sumatra Other comprehensive income stood at Rp394.66
disaster. billion, grew by Rp242.54 billion or 159.43% yoy
compared to Rp152.12 billion in 2024. The increase
was primarily driven by unrealized gains on
OPERATING PROFIT securities measured at fair value through other
comprehensive income.
Operating profit stood at Rp10.01 trillion, grew by
Rp729.87 billion or 7.87% yoy compared to Rp9.28
trillion in 2024. The growth in operating profit was COMPREHENSIVE INCOME
primarily driven by higher fund management
income and other operating income, which rose Comprehensive income stood at Rp7.96 trillion,
by Rp2.97 trillion and Rp1.38 trillion, respectively. grew by Rp804.17 billion or 11.23% yoy compared to
Rp7.16 trillion in 2024.
NON-OPERATING INCOME – NET
Non-operating income – net stood at Rp3.69
billion, declining by Rp624 million or 14.47% yoy
compared to Rp4.31 billion in 2024.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
STATEMENTS OF CASH FLOWS
Statements of Cash Flow
(In Rp million)
Change
Description 2024 2025 (Q3)
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4)/(2)
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from sales, profit sharing, ijarah, and
25,260,645 26,738,360
other main operating income 1,477,715 5.85%
Profit sharing paid on temporary syirkah funds (7,854,159) (9,169,468) (1,315,309) 16.75%
Receipts from written-off financing and
2,097,759 2,163,537
receivables 65,778 3.14%
Receipts from other operating income 4,266,371 5,333,634 1,067,263 25.02%
Tantiem payments (110,228) (142,299) (32,071) 29.10%
Operating expense payments (14,283,894) (12,984,707) 1,299,187 (9.10%)
Net receipts from non-operating income 112,287 58,064 (54,223) (48.29%)
Corporate income tax payments (1,985,972) (2,571,361) (585,389) 29.48%
Zakat payments (268,348) (316,136) (47,788) 17.81%
Disbursement of benevolent funds (117,028) (130,947) (13,919) 11.89%
Cash flows before changes in operating assets
7,117,433 8,978,677 1,861,244 26.15%
and liabilities
Changes in operating assets and liabilities:
(Increase)/decrease in operating assets:
Securities – measured at fair value (1,472,899) (5,934,019) (4,461,120) 302.88%
Other short-term securities (115,758) 92,732 208,490 (180.11%)
Receivables (7,739,380) (7,055,462) 683,918 (8.84%)
Qardh loans (2,466,703) (4,017,080) (1,550,377) 62.85%
Financing (27,026,967) (31,171,272) (4,144,305) 15.33%
Acceptance receivables 246,083 (507,971) (754,054) (306.42%)
Assets acquired for ijarah (932,147) (743,842) 188,305 (20.20%)
Other assets 256,560 (3,233,185) (3,489,745) (1.360.21%)
Increase/(decrease) in operating liabilities:
Immediate liabilities (421,137) 144,553 565,690 (134.32%)
Deposits from customers 6,553,248 16,674,449 10,121,201 154.45%
Deposits from other banks 651,573 2,014,980 1,363,407 209.25%
Acceptance liabilities (246,083) 507,971 754,054 (306.42%)
Tax payables (99,768) 4,009 103,777 (104.02%)
Other liabilities 3,757,231 2,697,407 (1,059,824) (28.21%)
Increase in temporary syirkah funds 28,761,566 35,713,613 6,952,047 24.17%
Net cash (used in) / generated from operating
6,822,852 14,165,560
activities 7,342,708 107.62%
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sale/disposal of securities
103,380,752 279,342,885
investments 175,962,133 170.21%
Acquisition of securities (92,955,821) (269,972,419) (177,016,598) 190.43%
ANNUAL REPORT 2025
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
STATEMENTS OF CASH FLOWS
Change
Description 2024 2025 (Q3)
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4)/(2)
Proceeds from sale of fixed assets 1,274 1,440 166 13.03%
Acquisition of fixed assets (2,935,755) (2,205,150) 730,605 (24.89%)
Acquisition of intangible assets (1,144,967) (752,929) 392,038 (34.24%)
Net cash generated from investing activities 6,345,483 6,413,827 68,344 1.08%
CASH FLOWS FROM FINANCING ACTIVITIES
Lease liability payments (151,913) (474,177) (322,264) 212.14%
Dividend payments (855,561) (1,050,883) (195,322) 22.83%
Repayment of mudharabah term financing (7,778,995) (2,400,000) 5,378,995 -69.15%
Proceeds from mudharabah term financing 8,001,935 1,400,000 (6,601,935) -82.50%
Proceeds from borrowings – (755,582) (755,582) 100.00%
Redemption of issued securities – 755,582 755,582 100.00%
Issued securities – (1,701,922) (1,701,922) 100.00%
Payment of issuance costs for issued securities
3,015,731 5,008,260 1,992,529 66.07%
Proceeds from borrowings from Bank Indonesia (19,591) (8,385) 2,206 -20.83%
Repayment of borrowings to Bank Indonesia 133,951,452 140,884,179 6,932,727 5.18%
Net cash generated from/(used in) financing
(127,433,643) (159,302,043) (31,868,400) 25.01%
activities
NET DECREASE IN CASH AND CASH
8,738,415 (17,644,971) (26,383,386) -301.92%
EQUIVALENTS
CASH AND CASH EQUIVALENTS AT THE
21,906,750 2,934,416 (18,972,334) -86.60%
BEGINNING OF THE YEAR
Cash and cash equivalents at end of year consist of:
Cash 8,080,689 8,690,766 610,077 7.55%
Current accounts and placements with Bank
49,966,279 51,603,043
Indonesia 1,636,764 3.28%
Current accounts and placements with other
3,880,874 4,568,449
banks 687,575 17.72%
TOTAL 61,927,842 64,862,258 2,934,416 4.74%
CASH FLOWS FROM OPERATING CASH FLOWS FROM INVESTING
ACTIVITIES ACTIVITIES
As of December 2025, BSI recorded net cash used Net cash generated from investing activities in
in operating activities amounting to Rp14.17 trillion. December 2025 was recorded at Rp6.41 trillion,
Operating cash flows were primarily driven by up by Rp68.34 billion or 1.08% compared to
an increase in temporary syirkah funds of Rp6.95 Rp6.34 trillion in 2024. Cash flow from investing
trillion and higher wadiah deposits of Rp10.12 activities mainly came from the sale or disposal of
trillion. In comparison, in 2024 BSI recorded net investments in securities. The decline in investing
cash generated from operating activities of Rp6.82 cash flow reflected changes in the Bank’s
trillion. This shift reflects liquidity management investment portfolio management strategy.
dynamics in line with the Bank’s funding structure
and operational activities.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
STATEMENTS OF CASH FLOWS
CASH FLOWS FROM FINANCING CASH AND CASH EQUIVALENTS AT
ACTIVITIES THE END OF THE PERIOD
As of December 2025, net cash used in financing Cash and cash equivalents of BSI at the end of
activities amounted to Rp17.64 trillion. The cash December 2025 stood at Rp64.86 trillion, up by
outflow was primarily related to the settlement of Rp2.93 trillion or 4.74% compared to Rp61.93 trillion
liabilities to Bank Indonesia amounting to Rp18.42 in 2024. The increase was primarily attributable to
trillion, the repayment of securities issued totaling cash utilization to support operating and investing
Rp1.70 trillion, and the repayment of mudharabah activities throughout the period.
term financing of Rp2.40 trillion. These cash
flows reflect the Bank’s commitment to fulfilling
its funding obligations and distributions to
shareholders.
STATEMENTS OF RECONCILIATION OF
INCOME AND REVENUE SHARING
Statements of Reconciliation Income and Revenue-Sharing
(In Rp million)
Change
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4)/(2)
Income from fund management as mudharib 25,298,203 (28,265,491) (53,563,694) (211,73%)
Deductions:
Current-year income not yet received in cash or
cash equivalents:
Income from sales and purchase transactions (620,300) (1,545,552) (925,252) 149,16%
Profit-sharing income (79,292) (17,260) (97,968) 123,55%
Amortization of premium/discount on securities (75,137) (13,879) 61,258 (81,539%)
Ijarah income – net (33,132) (35,567) (2.43) 7,35%
Other main operating income (979,776) (695,864) 283,912 (28,98%)
Total deductions (1,787,637) (2,468,122) (680,485) 38,07%
Additions:
Prior-year income received in the current year:
Income from sales and purchase transactions 623,425 620,300 (3,125) (0.50%)
Profit-sharing income 44,429 79,292 34,863 78.47%
Amortization of premium/discount on securities 104,229 75,137 (29,092) (27.91%)
Ijarah income – net 29,685 33,132 3,447 11.61%
Other main operating income 889,375 979,776 90,401 10.16%
Total additions 1,691,143 1,787,637 96,494 5.71%
Income available for profit sharing 25,201,709 (28,945,976) (4,771,627) (18.93%)
ANNUAL REPORT 2025
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
STATEMENTS OF RECONCILIATION OF INCOME
AND REVENUE SHARING
Change
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4)/(2)
Bank’s share of profit (17,312,680) 38,082,382 55,395,062 (319.97%)
Third parties’ share of profit 7,889,029 9,136,406 1,247,377 15.81%
Breakdown of third parties’ share of profit:
Distributed to fund owners 7,597,451 6,586,163 (1,011,288) (13.31%)
Undistributed to fund owners 291,578 311,082 19,504 6.69%
Total third parties’ share of profit 7,889,029 6,897,245 (991,784) (12.57%)
INCOME FROM FUND MANAGEMENT compared to Rp1.69 trillion in 2024. This increase
AS MUDHARIB was mainly driven by higher other main operating
income of Rp90.40 billion, profit-sharing income
Income from fund management by BSI as of Rp34.86 billion, and ijarah income of Rp3.45
mudharib was recorded at Rp28.27 trillion in billion, reflecting the realization of cash receipts for
December 2025, up by Rp2.97 trillion or 11.73% income that had been recognized in the previous
compared to Rp25.30 trillion in 2024. The increase period.
was mainly driven by higher income from sale and
purchase transactions, amounting to Rp925.25
trillion or 149.16% yoy, in line with the dynamics INCOME AVAILABLE FOR PROFIT-
of the financing portfolio and market conditions SHARING
throughout the period.
Income available for profit sharing was recorded
at Rp27.47 trillion in December 2025, increased
CURRENT-YEAR INCOME NOT by Rp2.27 trillion or 9.01% yoy compared to
YET RECEIVED IN CASH OR CASH Rp25.20 trillion in 2024. This decrease was in line
EQUIVALENTS with the weakening of income from BSI’s fund
management as mudharib during the period.
Current-year income not yet received in cash
or cash equivalents reached Rp2.58 trillion as of
December 2025, increased by Rp794.16 billion BANK’S SHARE OF PROFIT
or 44.43% yoy from Rp1.79 trillion in 2024. The
increase was mainly driven by higher sales-based The profit-sharing portion attributable to BSI was
income of Rp925.25 billion, along with an increase recorded at Rp18.33 trillion in December 2025, up
in profit-sharing income of Rp97.97 billion, by Rp1.02 trillion or 5.90% yoy compared to Rp17.31
reflecting timing differences in cash receipts from trillion in 2024, in line with the decline in income
operating activities. available for profit sharing.
PRIOR-YEAR INCOME RECEIVED IN THIRD PARTIES’ SHARE OF PROFIT
CASH OR CASH EQUIVALENTS IN THE
CURRENT YEAR Third-party rights to profit sharing were recorded
at Rp9.14 trillion in December 2025, down by
Income from the previous year for which cash Rp1.24 trillion or 15.81% yoy compared to Rp7.89
or cash equivalents were received in the current trillion in 2024, in line with the adjustment in the
year was recorded at Rp1.79 trillion in December performance of temporary syirkah funds during
2025, increased by Rp96.49 billion or 5.71% yoy the period.
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216 PT BANK SYARIAH INDONESIA (PERSERO) TBK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
STATEMENTS ON SOURCES AND
DISBURSEMENT OF ZAKAT FUNDS
Sources and Disbursement of Zakat Funds
(In Rp million)
Growth
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4)/(2)
Sources of Zakat Funds
Internal Bank 232,061 250,293 18,232 7.86%
External Sources
Employees 36,452 39,940 3,488 9.57%
Customers and General Public 38,743 43,912 5,169 13.34%
Total Sources of Zakat Funds 307,256 334,145 26,889 8.75%
Uses of Zakat Funds
Distributed to Zakat Management
(268,348) (316,136) (47,788) 17.81%
Institutions
Decrease in Zakat Funds 38,908 18,009 (20,899) (53.71%)
Beginning Balance of Zakat Funds 196,774 235,682 38,908 19,77%
Ending Balance of Zakat Funds 235,682 253,691 18,009 7,64%
Zakat contributions from employees, customers, DISBURSEMENT OF ZAKAT FUNDS
and the general public represent individual zakat
payments collected through BSI’s e-channel Zakat fund distribution reached Rp316.14 billion in
platforms and subsequently distributed to December 2025, grew by Rp47.79 billion or 17.81%
authorized zakat management institutions. This yoy compared to Rp268.35 billion in 2024. All zakat
mechanism supports structured, transparent, and funds were disbursed through zakat institutions
Sharia-compliant zakat distribution in accordance and amil bodies accredited by the relevant
with applicable regulations. authorities, underscoring BSI’s commitment to
accountable governance, prudent management,
and effective zakat disbursement aligned with
SOURCES OF ZAKAT FUNDS Sharia principles.
Zakat fund sources stood at Rp334.15 billion in
December 2025, increased by Rp26.89 billion or
8.75% yoy compared to Rp307.26 billion in 2024.
The growth was primarily driven by higher internal
bank zakat contributions amounting to Rp18.23
billion or 7.86% in 2025. This development reflects
the dynamics of the Bank’s financial performance
as well as internal policies affecting the formation
of zakat fund sources.
ANNUAL REPORT 2025
217
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
STATEMENTS OF SOURCES AND USE OF
QARDHUL HASAN FUNDS
Sources and Use of Qardhul Hasan Funds
(In Rp million)
Change
Description 2024 2025
Nominal %
(1) (2) (3) (4)=(3)-(2) (5)=(4)/(2)
Sources of Benevolent Funds
Infaq and Sadaqah 99,881 15,190 17.94% (14.82%)
Penalties 23,899 1,927 8.77% (21.01%)
Non-halal income 11,203 99,63 803.47% 516.69%
Others 7,796 3,702 90.43% 90.43%
Total Sources of Benevolent Funds 142,779 30,782 27.48% (6.30%)
Use of Benevolent Funds
Donations (130,947) (13,919) 11.89% 11.89%
(Decrease)/Increase in benevolent funds 11.832 16,863 (335.18%) (335.18%)
Opening balance of benevolent funds 4,876 (5,031) (50.78%) (50.78%)
Closing balance of benevolent funds 16,708 11,832 242.66% 242.66%
Referring to DSN–MUI Fatwa No. 123/DSN-MUI/
SOURCES OF QARDHUL HASAN FUNDS
XI/2018, Qardhul Hasan Funds are derived from
funds that are not permitted to be recognized as
Sources of Qardhul Hasan Funds stood at Rp142.78
income (Non-Recognizable Income Funds). These
billion in December 2025, increased by Rp30.78
funds originate, among others, from transactions
billion or 27.48% yoy compared to Rp111.99 billion
that are unavoidable yet not compliant with
in 2024. The movement was mainly influenced by
Sharia principles, including interest (riba); Sharia
higher receipts of infaq and shadaqah amounting
transactions that do not fulfill the required
to Rp15.19 billion and non-halal income of Rp9.96
contractual elements and conditions; penalty or
billion in 2025.
sanction funds arising from non-compliance with
agreed obligations; as well as funds whose owners
are unknown, cannot be located, or where the
USE OF QARDHUL HASAN FUNDS
cost of returning the funds exceeds the amount
involved.
The use of Qardhul Hasan Funds for charitable
activities reached Rp130.95 billion in December
Operationally, Qardhul Hasan Funds comprise
2025, increasing by Rp13.92 billion or 11.89%
social funds derived from penalties, non-Sharia-
yoy compared to Rp117.03 billion in 2024. The
compliant transactions, as well as infaq and
distribution of Qardhul Hasan Funds is carried
sadaqah collected through BSI’s electronic
out in accordance with prudential principles,
channels. Infaq and sadaqah represent voluntary
Sharia compliance requirements, and applicable
contributions made by fund owners, either with
governance standards.
specified purposes or without restriction. Other
components include temporary accounts for
financing installments, liabilities to third parties,
administrative accounts, clearing settlement
intermediaries, and other related items.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
STATEMENTS OF PROFIT SHARING
DISTRIBUTION
During the 2024–2025 period, the distribution of trillion. This represents an increase compared
profit sharing from fund acquisition and financing to 2024, when the average balance of fund
activities is presented in the table below. This acquisition stood at Rp231.61 trillion, with income
information reflects the performance of fund available for profit sharing totaling Rp2.00 trillion.
acquisition and the income base used for profit-
sharing distribution in accordance with Sharia The growth in average fund acquisition balances
principles. reflects an expansion in third-party funds, which
in turn contributed to a higher income base for
profit-sharing distribution. This development was
FUND ACQUISITION managed prudently, with due consideration given
to maintaining an optimal balance between fund
As of December 2025, the average balance of fund growth and cost of funds.
acquisition amounted to Rp279.21 trillion, with
total income available for profit sharing of Rp47.61
Statements of Profit Sharing for Fund Acquisition 2025
(In Rp million)
Net Revenue Sharing Profit Sharing
Fund Owner Portion Fund Owner Portion
Income Profit Sharing Ratio Income Profit Sharing Ratio
Type of Fund Average Average
Available for Indicative Available for Indicative
Mobilization Balance Sharing Balance Sharing
Distribution Profit Rate of Distribution Profit Rate of
Ratio Ratio
Return (%) Return (%)
A B C D E A B C D E
1. Liabilities to
322,283 2,302 19.24 443 1.65 - - - - -
Other Banks
2. Mudharabah
Current 43,922,421 313,670 35.53 111,449 3.04 - - - - -
Accounts
3. Mudharabah
Savings 87,712,090 626,391 6.88 43,124 0.59 - - - - -
Accounts
4. Mudharabah
140,754,812 1,005,193 - 279,993 - - - - - -
Time Deposits
a. 1-month Tenor 74,640,387 533,041 27.60 147,104 2.37 - - - - -
b. 3-month Tenor 42,159,795 301,082 28.44 85,633 2.44 - - - - -
c. 6-month Tenor 17,888,570 127,750 28.52 36,432 2.44 - - - - -
d. 12-month
6,066,060 43,320 24.99 10,824 2.14 - - - - -
Tenor
5. Issued Securities 6,500,000 49,680 72.37 35,951 6.64 - - - - -
6. Financing
- - - - -
Received
Total 279,211,606 1,997,236 470,960 - - - - -
ANNUAL REPORT 2025
219
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
STATEMENTS OF PROFIT SHARING DISTRIBUTION
Statements of Profit Sharing for Fund Acquisition 2024
(In Rp million)
Net Revenue Sharing Profit Sharing
Fund Owner Portion Fund Owner Portion
Income Profit Sharing Ratio Income Profit Sharing Ratio
Average Average
Type of Fund Mobilization Available for Indicative Available for Indicative
Balance Sharing Balance Sharing
Distribution Profit Rate of Distribution Profit Rate of
Ratio Ratio
Return (%) Return (%)
A B C D E A B C D E
1. Liabilities to Other Banks 297,754 2,231 20.44 456 1.84 - - - - -
2. Mudharabah Current
35,781,434 268,101 43.07 115,482 3.87 - - - - -
Accounts
3. Mudharabah Savings
78,679,701 589,527 5.71 33,675 0.51 - - - - -
Accounts
4. Mudharabah Time
112,646,493 844,033 - 221,594 - - - - - -
Deposits
a. 1-month Tenor 61,879,491 463,648 25.19 116,783 2.26 - - - - -
b. 3-month Tenor 29,533,162 221,285 27.69 61,275 2.49 - - - - -
c. 6-month Tenor 12,711,555 95,245 28.15 26,814 2.53 - - - - -
d. 12-month Tenor 8,522,285 63,855 26.19 16,722 2.35 - - - - -
5. Issued Securities 3,200,000 26,397 68.52 18,086 6.78 - - - - -
6. Financing Received 1,000,000 7,493 75.63 5,667 6.8 - - - - -
Total 231,605,382 1,737,782 394,960 - - - - -
FUND DISBURSEMENT
As of September 2025, the average balance of The higher average balance of fund disbursement
fund disbursement amounted to Rp321.23 trillion, reflects growth in financing activities, which
with total income available for profit sharing contributed to an increase in the profit-sharing
of Rp2.18 trillion. This represents an increase income base. This growth was managed in
compared to 2024, when the average balance of line with prudent banking principles, with due
fund disbursement stood at Rp290.48 trillion, with consideration given to financing quality and the
income available for profit sharing totaling Rp2.09 balance between returns and inherent risks.
trillion.
Statements of Profit Sharing Distribution for Fund Disbursement
(In Rp million)
2024 2025
Income
Average Income Available
Type of Fund Deployment Average Balance Available for
Balance for Distribution
Distribution
B A B
1. Placement with Other Banks 578,681 69 1,028,897 189
2. Investment Securities Held 42,918,753 238,435 43,873,181 209,654
3. Murabahah Receivables 133,680,881 1,107,156 136,409,141 1,076,924
4. Istishna Receivables 13 10 - 7
5. Multijasa Receivables 173,810 1,535 155,163 1,318
6. Pawn Financing (Rahn) - - - -
7. Mudharabah Financing 2,702,825 10,065 1,708,937 11,448
8. Musyarakah Financing 107,209,841 711,969 134,247,740 859,720
9. Lease Financing (Ijarah) 3,214,823 19,841 3,808,479 23,976
10. Other Financing - - - -
Total 290,479,627 2,089,080 310,760,451 321,231,538
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
SOLVENCY AND RECEIVABLES
COLLECTABILITY
SOLVENCY Short-Term Solvency (Liquidity)
BSI’s liquidity position is influenced by its
Protection of Creditors’ Rights financing structure, asset liquidity profile, third-
BSI has established comprehensive policies to party liabilities, and financing commitments to
ensure the fulfillment of creditors’ rights, including customers. The adequacy of the Bank’s liquidity
those of Mudharabah Sukuk holders. The rights is primarily assessed through the Financing to
of Mudharabah Sukuk holders rank pari passu Deposit Ratio (FDR).
(on an equal basis), without preference, with the
rights of other BSI creditors, whether existing or The calculation and disclosure of the FDR are
arising in the future, except for obligations that conducted in accordance with the Circular Letter
are specifically secured by BSI’s assets, whether of the Financial Services Authority (SEOJK) No. 10/
existing or to be created in the future. SEOJK.03/2020 on Transparency and Publication
of Reports for Sharia Banks and Sharia Business
Within this framework, creditor protection Units. This ratio serves as a key indicator in
includes BSI’s obligation to settle all amounts evaluating the Bank’s capacity to meet short-term
payable to Mudharabah Sukuk holders, obligations in a timely manner, while maintaining
comprising the Mudharabah Sukuk principal, prudent liquidity risk management practices.
profit-sharing income, and any applicable late
payment penalties. Such payments are made on
the principal repayment date and/or the profit-
sharing distribution date, in accordance with the
provisions stipulated in the Mudharabah Sukuk
Trustee Agreement, as applicable.
Short-Term Solvency
Description 2024 2025 (Q3) Increase/Decrease
(1)
Financing to Deposit Ratio (FDR) 84.97% 83.74% (1.23%)
Increase/Decrease
As of December 2025, BSI’s Financing to Deposit Ratio (FDR) stood at 83.74%, declining from 84.97% in
2024. The lower ratio reflects the Bank’s stronger Third-Party Funds mobilization throughout 2025, while
maintaining prudential principles and adequate liquidity to support its intermediation activities.
Long-Term Solvency (Solvency)
BSI assesses its long-term solvency through the Capital Adequacy Ratio (CAR). The Bank consistently
maintains sufficient capital buffers to absorb potential risks arising from credit risk, market risk, and
operational risk.
The calculation and management of the CAR are conducted in accordance with Financial Services Authority
Regulation (POJK) No. 21/POJK.03/2014 on Minimum Capital Requirements for Sharia Commercial Banks.
This ratio serves as a key indicator of the Bank’s capital resilience in supporting sustainable business
growth and maintaining long-term financial stability.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
SOLVENCY AND RECEIVABLES COLLECTABILITY
Long-Term Solvency
Description 2024 2025 Increase/Decrease
(1) (2) (3) (4)= (3)-(2)
Capital Adequacy Ratio (CAR) 21.40% 22.00% 0.6%
Capital Adequacy Ratio (CAR) Solvency from Issued Securities
In 2025, BSI’s Capital Adequacy Ratio (CAR) stood BSI’s ability to meet its debt obligations is also
at 22.00%, an increase from 21.40% in 2024. This reflected in the credit ratings assigned to its issued
improvement reflects a strengthening of the securities, particularly sukuk. The securities issued
Bank’s capital position in supporting long-term by the Bank are subject to periodic assessments
obligations and sustaining business growth. by independent rating agencies to support their
creditworthiness and market acceptance.
Furthermore, BSI’s CAR remains above the
minimum regulatory requirement set by the The quality and rating of such securities are
Financial Services Authority. This indicates that primarily determined by the issuer’s capacity to
the Bank maintains sufficient capital buffers to repay principal at maturity and to meet periodic
anticipate and absorb potential risks arising from profit-sharing or coupon payments throughout the
credit risk, market risk, and operational risk. tenor of the issuance. Accordingly, sukuk ratings
serve as a key indicator of the Bank’s capability
to manage long-term funding obligations in a
prudent and sustainable manner.
Rating from Securities Issued
Rating
Description
2024 2025
Sustainability-Based Mudharabah Sukuk I – Bank BSI Tranche I (2024) Id AAA by Pefindo
Sustainability-Based Mudharabah Sukuk I – Bank BSI Tranche II (2025) Id AAA by Pefindo
Credit Rating Definitions
Rating Agency Rating Rating Definition
The highest rating category, indicating that the issuer has an exceptionally
Id AAA
strong capacity to meet its financial obligations.
Pefindo
A high rating category, indicating a very strong capacity to meet financial
Id AA
obligations, slightly below the highest rating level (AAA).
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
SOLVENCY AND RECEIVABLES COLLECTABILITY
RECEIVABLE COLLECTIBILITY
The calculation of BSI’s non-performing financing ratios for 2025 and 2024 is based on Financial Services
Authority Circular Letter No. 10/SEOJK.03/2020 dated 1 July 2020 regarding Transparency and Publication
of Reports for Islamic Commercial Banks and Islamic Business Units.
Bank Non-Performing Financing Ratio
Uraian 2024 2025 Increase/Decrease
(1) (2) (3) (4)= (3)-(2)
Non Performing Financing (NPF) Gross 1.90% 1.81% (0.09%)
Non Performing Financing (NPF) Net 0.50% 0.47% (0.04%)
As of December 2025, the gross Non-Performing Financing (NPF) ratio, before deducting allowance
for impairment losses, stood at 1.81%, improving from 1.90% in 2024. Meanwhile, the net NPF ratio also
strengthened by 0.03 percentage point, from 0.50% in 2024 to 0.47% in 2025.
Overall, financing quality remained well maintained. The continued enhancement and disciplined
implementation of risk management practices contributed to effective control of problem financing,
supporting a prudent and manageable financing risk profile.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
EARNINGS ASSET QUALITY ANALYSIS
As of December 2025, BSI’s total earning assets from both related and third parties amounted to Rp385.75
trillion, an increase of 11.30% compared with Rp346.58 trillion in 2024. The growth in earning assets was
primarily driven by an increase in financing of Rp39.46 trillion, reflecting the Bank’s continued expansion
in fund distribution while maintaining prudent risk management practices.
In terms of asset quality, earning assets classified as current dominated the portfolio, totaling Rp374.60
trillion as of December 2025. Earning assets classified as special mention amounted to Rp5.40 trillion,
substandard to Rp1.37 trillion, doubtful to Rp793.09 billion, and loss to Rp3.59 trillion. Overall, the
composition indicates that asset quality remained generally well maintained alongside the growth in
earning assets.
Earnings Assets Quality
(In Rp million)
Individual Individual
No. Items 2024 2025
Current DPK* KL** Doubtful Loss Total Current DPK* KL** Doubtful Loss Total
A. Related Parties 1,622,945 - - - - 1,622,945 2,115,988 2,115,988
Placements with
1 128,548 - - - - 128,548 127,529 - - - - 127,529
Other Banks
a. Rupiah 106,497 - - - - 106,497 54,213 - - - - 54,213
b. Foreign
22,051 - - - - 22,051 73,316 - - - - 73,316
Currency
Spot and Forward
2 - - - - - - - - - - - -
Receivables
a. Rupiah - - - - - - - - - - - -
b. Foreign
- - - - - - - - - - - -
Currency
Investment
3 193,454 - - - - 193,454 159,357 - - - - 159,357
Securities Held
a. Rupiah 193,454 - - - - 193,454 159,357 - - - - 159,357
b. Foreign
- - - - - - - - - - - -
Currency
Acceptance
4 42,433 - - - - 42,433 37,905 - - - - 37,905
Receivables
Receivable- and
5 Lease-Based 57,017 - - - - 57,017 82,312 - - - - 82,312
Financing
MSME Customers - - - - - - 658 - - - - 658
i. Rupiah - - - - - - 658 - - - - 658
ii. Foreign
- - - - - - - - - - - -
Currency
Non-MSME
57,017 - - - - 57,017 81,654 - - - - 81,654
Customers
i. Rupiah 57,017 - - - - 57,017 81,654 - - - - 81,654
ii. Foreign
- - - - - - - - - - - -
Currency
Restructured
- - - - - - - - - - - -
Financing
i. Rupiah - - - - - - - - - - - -
ii. Foreign
- - - - - - - - - - - -
Currency
Profit-Sharing
6 1,146,577 - - - - 1,146,577 1,669,947 - - - - 1,669,947
Financing
MSME Customers - - - - - - - - - - - -
i. Rupiah - - - - - - - - - - - -
ii. Foreign
- - - - - - - - - - - -
Currency
Non-MSME
1,146,577 - - - - 1,146,577 1,669,947 - - - - 1,669,947
Customers
i. Rupiah 1,146,577 - - - - 1,146,577 1,669,947 - - - - 1,669,947
ii. Foreign
- - - - - - - - - - - -
Currency
Restructured
- - - - - - - - - - - -
Financing
i. Rupiah - - - - - - - - - - - -
ii. Foreign
- - - - - - - - - - - -
Currency
Equity
7 - - - - - - - - - - - -
Participation
Commitments
8 54,916 54,916 38,938 - - - - 38,938
and Contingencies
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
EARNINGS ASSET QUALITY ANALYSIS
Individual Individual
No. Items 2024 2025
Current DPK* KL** Doubtful Loss Total Current DPK* KL** Doubtful Loss Total
a. Rupiah 54,916 - - - - 54,916 38,938 - - - - 38,938
b. Foreign
- - - - - - - - - - - -
Currency
II Unrelated Parties 334,710,939 4,970,827 1,319,946 684,436 3,274,984 344,961,132 372,479,807 5,404,078 1,370,611 793,094 3,589,929 383,637,519
Placements with
1. 1,352,326 - - - - 1,352,326 2,590,921 - - - - 2,590,921
Other Banks
a. Rupiah 193,933 - - - - 193,933 8,334 - - - - 8,334
b. Foreign
1,158,393 - - - - 1,158,393 2,582,587 - - - - 2,582,587
Currency
Spot and Forward
2 - - - - - - 216 - - - - 216
Receivables
a. Rupiah - - - - - - - - - - - -
b. Foreign
- - - - - - 216 - - - - 216
Currency
Investment
3 64,458,351 - - - - 64,458,351 61,373,245 - - - - 61,373,245
Securities Held
a. Rupiah 55,582,680 - - - - 55,582,680 52,720,327 - - - - 52,720,327
b. Foreign
8,875,671 - - - - 8,875,671 8,652,918 - - - - 8,652,918
Currency
Acceptance
4 147,712 - - - - 147,712 655,211 - - - - 655,211
Receivables
Receivable- and
5 Lease-Based 154,881,030 2,178,512 895,038 555,608 2,169,439 160,679,627 164,103,417 2,324,243 949,646 645,154 2,354,651 170,377,111
Financing
MSME Customers 35,827,329 528,409 320,714 171,936 437,931 37,286,319 35,271,577 578,522 361,339 207,185 511,388 36,930,011
i. Rupiah 35,576,086 528,409 320,714 171,936 437,931 37,035,076 35,131,835 578,522 361,339 207,185 511,388 36,790,269
ii. Foreign
251,243 - - - - 251,243 139,742 - - - - 139,742
Currency
Non-MSME
119,053,701 1,650,103 574,324 383,672 1,731,508 123,393,308 128,831,840 1,745,721 588,307 437,969 1,843,263 133,447,100
Customers
i. Rupiah 116,138,180 1,650,103 574,324 383,672 1,731,508 120,477,787 125,410,496 1,745,721 588,307 437,969 1,843,263 130,025,756
ii. Foreign
2,915,521 - - - - 2,915,521 3,421,344 - - - - 3,421,344
Currency
Restructured
2,911,577 354,236 302,273 162,287 1,265,413 4,995,786 9,365,622 411,645 194,339 113,863 1,115,915 11,201,384
Financing
i. Rupiah 2,911,577 354,236 302,273 162,287 1,265,413 4,995,786 9,365,622 411,645 194,339 113,863 1,115,915 11,201,384
ii. Foreign
- - - - - - - - - - - -
Currency
Profit-Sharing
6 111,526,474 2,791,965 424,908 128,828 1,105,545 115,977,720 141,214,813 3,072,139 420,965 147,940 1,235,278 146,091,135
Financing
MSME Customers 14,532,326 77,584 101,361 68,284 349,304 15,128,859 14,939,879 185,043 88,493 47,190 386,885 15,647,490
i. Rupiah 14,064,381 77,584 101,361 68,284 349,304 14,660,914 14,905,373 185,043 88,493 47,190 386,885 15,612,984
ii. Foreign
467,945 - - - - 467,945 34,506 - - - - 34,506
Currency
Non-MSME
96,994,148 2,714,381 323,547 60,544 756,241 100,848,86 126,274,934 2,887,096 332,472 100,750 848,393 130,443,645
Customers
i. Rupiah 94,383,085 2,589,427 158,666 60,544 756,241 97,947,963 123,125,538 2,887,096 172,588 100,750 848,393 127,134,365
ii. Foreign
2,611,063 124,954 164,881 - - 2,900,898 3,149,396 159,884 - - 3,309,280
Currency
Restructured
6,991,160 2,574,564 315,893 51,579 794,577 10,727,773 8,714,677 2,749,353 258,291 32,725 727,418 12,482,464
Financing
i. Rupiah 6,223,892 2,449,610 151,012 51,579 794,577 9,670,670 8,714,677 2,749,353 98,407 32,725 727,418 12,322,580
ii. Foreign
767,268 124,954 164,881 - - 1,057,103 159,884 - - 159,884
Currency
Equity
7 - - - - - - - - - - - -
Participation
Commitments
8 2,350,046 350 - - - 2,350,396 2,541,984 7,696 - - - 2,549,680
and Contingencies
a. Rupiah 1,343,667 350 - - - 1,344,017 1,160,243 7,696 - - - 1,167,939
b. Foreign
1,006,379 - - - - 1,006,379 1,381,741 - - - - 1,381,741
Currency
III Informasi Lain | Other Information
Total Bank Assets
1 Pledged as 19,800,000 -
Collateral
a. With Bank
19,800,000 -
Indonesia
b. With other Bank - -
Foreclosed
2 - -
Collateral
Notes:
* DPK = Under Special Mention
** KL = Substandard
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
EARNINGS ASSET QUALITY ANALYSIS
Financing collectibility reflects the quality of repayment performance on financing extended to
customers. The assessment of collectibility is conducted to evaluate the timeliness of customer payments
and the effectiveness of financing risk management practices. Details of financing outstanding along
with their collectibility classifications are presented in the following table, providing an overview of the
overall quality of BSI’s earning assets.
Receivables by Collectability Classification
(In Rp million)
2024 2025 Increase / (Decrease)
Description Allowance for Allowance for Allowance for
Principal Impairment Principal Impairment Principal Impairment
Losses Losses Losses
(1) (2) (3) (4) (5) (6)=(4)-(2) (7) = (5)-(3)
Current 268,203,867 4,184,861 307,657,568 4,358,823 3,945,3701 173,962
Special Mention 4,998,011 2,225,343 5,432,557 2,360,826 434,547 135,483
Substandard 1,319,945 527,992 1,370,612 541,712 50,667 13,720
Doubtful 684,435 250,251 793,095 304,010 108,659 53,759
Loss 3,274,985 3,103,235 3,589,929 3,417,011 314,945 313,775
Total 278,481,243 10,291,682 318,843,761 10,982,381 40,362,518 690,700
Total financing of BSI amounted to Rp318.84 trillion Of the total receivables and financing outstanding,
as of December 2025, an increase of Rp40.36 trillion Rp307.66 trillion was classified as current. Financing
compared with Rp278.48 trillion in 2024. This under special mention amounted to Rp5.43 trillion,
growth reflects continued financing expansion substandard financing totaled Rp1.37 trillion,
supported by prudent risk management practices. doubtful financing reached Rp793.09 billion, and
non-performing financing stood at Rp3.20 trillion.
This composition indicated that asset quality
remained relatively well maintained, supported
by the continued strengthening of financing risk
management.
CAPITAL STRUCTURE
BSI consistently maintains a sound, strong, and regulatory-compliant capital structure to support
sustainable business growth and prudent expansion. Capital management is conducted with due
consideration of the Bank’s risk profile, business growth requirements, and resilience against potential
external shocks.
Capital Structure Breakdown
BSI’s capital structure comprises Core Capital (Tier 1) and Supplementary Capital (Tier 2), in accordance
with applicable capital adequacy regulations. This capital composition is designed to ensure sufficient
loss-absorbing capacity against credit, market, and operational risks, while maintaining an adequate
capital buffer in line with the Bank’s asset and financing growth. Details of BSI’s capital structure are
presented in the following table.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CAPITAL STRUCTURE
Capital Structure
(In Rp million)
Individual
No. Capital Components
2024 2025
I Core Capital (Tier 1) 41,685,617 48,109,082
1. Common Equity Tier 1 (CET1) Capital 41,685,617 48,109,082
1.1 Paid-in Capital 22,923,383 22,923,383
1.2 Additional Paid-in Capital Reserves 21,699,922 28,605,933
1.2.1 Additions 29,067,327 35,916,524
1.2.1.1 Other Comprehensive Income 553,440 553,440
1.2.1.1.1 Foreign currency translation surplus - -
1.2.1.1.2 Unrealised gains from increases in the fair value of financial assets
- 332,556
measured at fair value through other comprehensive income (FVOCI)
1.2.1.1.3 Revaluation surplus of fixed assets 553,440 553,440
1.2.1.2 Other disclosed reserves 28,513,887 33,031,930
1.2.1.2.1 Share premium on common shares 3,381,491 3,381,491
1.2.1.2.2 General reserves 3,377,462 4778,6,39
1.2.1.2.3 Retained earnings from prior years, net of tax 14,678,422 19,232,250
1.2.1.2.4 Current year profit, net of tax 7,005,888 7,567,523
1.2.1.2.5 Capital contribution funds - -
1.2.1.2.6 Donated capital - -
1.2.1.2.7 Issued warrants - -
1.2.1.2.8 Issued share options under share-based compensation programs 70,624 70,624
1.2.2 Deductions (-/-) 7,367,405 7,310,591
1.2.2.1 Other comprehensive loss 56,814 -
1.2.2.1.1 Foreign currency translation deficit - -
1.2.2.1.2 Unrealised losses from decreases in the fair value of financial
56,814 -
assets measured at FVOCI
1.2.2.2 Other disclosed reserves 7,310,591 7,310,591
1.2.2.2.1 Discount on common shares 7,310,591 7,310,591
1.2.2.2.2 Accumulated losses from prior years - -
1.2.2.2.3 Current year loss - -
1.2.2.2.4 Shortfall between Allowance for Asset Write-offs (PPA) and
- -
Allowance for Impairment Losses (CKPN) on productive assets
1.2.2.2.5 Negative difference in fair value adjustments of financial
- -
instruments in the trading book
1.2.2.2.6 Required allowance for non-productive assets - -
1.3 Eligible Non-Controlling Interests - -
1.4 Deductions from CET1 Capital (-/-) 2,937,688 3,420,235
1.4.1 Deferred tax assets 2,056,727 1,875,326
1.4.2 Goodwill - -
1.4.3 All other intangible assets 880,961 1,544,908
1.4.4 Investments deducted from capital - -
1.4.5 Capital shortfall in insurance subsidiaries - -
1.4.6 Securitisation exposures - -
1.4.7 Other CET1 capital deductions - -
1.4.7.1 Investments in AT1 and/or Tier 2 instruments issued by other banks - -
2. Additional Tier 1 (AT1) Capital - -
2.1 Instruments qualifying as AT1 capital - -
2.2 Premium/Discount - -
2.3 Deductions from AT1 Capital (-/-) - -
2.3.1 Investments in AT1 and/or Tier 2 instruments issued by other banks - -
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
STRUKTUR MODAL
Individual
No. Capital Components
2024 2025
II Supplementary Capital (Tier 2) 2,265,714 2,464,058
1. Capital instruments in the form of shares or other instruments qualifying as Tier 2 160,000 120,000
2. Premium/Discount - -
3. General allowance for impairment losses on productive assets (maximum 1.25% of
2,105,714 2,344,058
credit risk-weighted assets)
4. Specific purpose reserves - -
5. Deductions from Tier 2 Capital (-/-) - -
5.1 Sinking fund - -
5.2 Investments in Tier 2 instruments issued by other banks - -
Total Capital 43,951,331 50,573,140
RISK-WEIGHTED ASSETS (RWA)
CREDIT RISK RWA 168,052,923 187,167,249
MARKET RISK RWA 1,693,430 3,974,723
OPERATIONAL RISK RWA 35,598,536 38,772,256
TOTAL RWA 205,344,889 229,914,228
CAPITAL ADEQUACY RATIO REQUIREMENT BASED ON RISK PROFILE (%) 9.99 9.99
ALLOCATION OF CAPITAL ADEQUACY REQUIREMENT BASED ON RISK PROFILE
From CET1 (%) 8.89 8.91
From AT1 (%) 0.00 0.00
From Tier 2 (%) 1.10 1.08
CAPITAL ADEQUACY RATIOS
CET1 Ratio (%) 20.30 20.51
Tier 1 Ratio (%) 20.30 20.51
Tier 2 Ratio (%) 1.10 1.08
Capital Adequacy Ratio (CAR) (%) 21.40 21.59
CET1 FOR CAPITAL BUFFERS (%) 11.41 11.60
MANDATORY CAPITAL BUFFER REQUIREMENTS (%) 3.50 3.50
Capital Conservation Buffer (%) 2.50 2.50
Countercyclical Capital Buffer (%) 0.00 0.00
Capital Surcharge for Systemically Important Banks (%) 1.00 1.00
Management Policy on Capital Structure and profile, ensuring that business activities remain in
Basis for Capital Structure Decisions compliance with regulatory capital and liquidity
BSI formulates its capital plan based on the requirements.
latest assessment of economic conditions and
outlook, as well as analysis of regulatory capital Capital management is aimed at safeguarding
requirements. The capital plan is prepared by the BSI’s ability to maintain business continuity on a
Directors as an integral part of BSI’s Business Plan going-concern basis. An optimal capital structure
and is subsequently approved by the Board of enables the Bank to deliver reasonable returns
Commissioners. to shareholders, generate sustainable value for
stakeholders, and manage its cost of capital
BSI regularly conducts comprehensive planning efficiently. In assessing capital adequacy, BSI
and reviews of its capital needs, supported by refers to Financial Services Authority Regulation
relevant data and analytical assessments. In this (POJK) No. 21/POJK.03/2014 concerning the
process, the Bank consistently aligns its financial Minimum Capital Adequacy Requirement for
objectives and capital adequacy with its risk Islamic Commercial Banks.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
STRUKTUR MODAL
As of December 2025, BSI’s Capital Adequacy Ratio RISK EXPOSURE AND CAPITAL
(CAR), after taking into account credit, operational, INFORMATION
and market risks, stood at 22.00%, an increase from
21.40% in 2024. This level remains well above the Further information on BSI’s risk exposure
minimum capital requirement adjusted for the and capital position is presented in the Risk
Bank’s risk profile, which stood at 9.99%, reflecting Management section of this Annual Report.
a strong and adequate capital position.
MATERIAL COMMITMENTS ON CAPITAL
INVESTMENTS
In 2025 and 2024, BSI did not have any material (In Rp million)
commitments related to capital expenditures. Additional Investment
Type
Accordingly, information regarding the purpose 2024 2025
of such commitments, the expected sources (1) (2) (3)
of funding, the currency denomination, and Land 62 18,169
planned measures to mitigate foreign exchange
Buildings 27,298 27,411
risk associated with such commitments is not
Installations 58,831 3,367
disclosed in this Annual Report.
Motor Vehicles 1,011 104,850
Office Equipment 249,465 232,799
CAPITAL EXPENDITURES Software 84,176 42,723
Leasehold Improvements 27,095 2,253,283
Realized additions to BSI’s capital expenditures Assets Under
3,398,166 2,682,629
amounted to Rp2.68 trillion as of December 2025, Construction
a decrease of Rp1.16 trillion compared with Rp3.85 Total 3,846,104 1,447,340
trillion in 2024. This decline reflects adjustments
in investment requirements in line with business Purpose of Capital Expenditure
development priorities and ongoing capital BSI undertakes capital expenditure in a prudent
expenditure efficiency initiatives. and measured manner to support the Bank’s
overall operational activities. Such investments
constituted the capital expenditure component are intended to ensure the availability of adequate
with the largest decrease in value, amounting infrastructure, systems, and supporting facilities
to Rp1.14 trillion. This movement reflects the necessary to achieve business targets, while
continued implementation of investment projects maintaining operational continuity in line with
that remain under completion, in line with the business requirements and applicable regulatory
Bank’s operational development plan. standards.
Types and Value of Capital Expenditures
Details of the types and realized value of BSI’s
capital expenditures for the 2024–2025 period are
presented in the table below:
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
COMMITMENTS & CONTINGENCIES
The Bank has receivables and liabilities arising from commitments and contingencies incurred in the
course of its banking operations. These commitments and contingencies represent potential off-balance
sheet rights and obligations that may affect the Bank’s future financial position, in accordance with the
applicable terms and agreements. Details of the Bank’s commitment and contingency receivables and
liabilities are presented below:
(In Rp million)
Description 2024 2025
(1) (2) (3)
Commitment Receivables
Third Parties
Outstanding Foreign Exchange Forward Purchases 464,508 1,927,333
Commitment Liabilities
Third Parties
Undrawn Financing Facilities 2,090,286 3,699,883
Irrevocable Letters of Credit (L/C) 202,609 63,214
Subrogation Obligations 140,040 606,836
Outstanding Foreign Exchange Forward Sales 489,752 2,041,742
Subtotal – Commitment Liabilities (Third Parties) 2,922,687 6,411,674
Related Parties
Undrawn Financing Facilities 48,602 1,990,575
Irrevocable Letters of Credit (L/C) 161,978 449,64
Subtotal – Commitment Liabilities (Related Parties) 210,580 2,035,540
Net Commitment Liabilities 2,668,759 6,519,881
Contingent Receivables
Third Parties
Income from Non-Performing Financing 425,397 517,187
Bank Guarantees (Kafalah) Received 245,046 253,877
Others 35,611 35,611
Subtotal – Contingent Receivables 706,054 806,675
Contingent Liabilities
Third Parties
Guarantees Issued 1,532,802 1,982,105
Related Parties
Guarantees Issued 507,923 498,335
Total Contingent Liabilities 2,040,725 2,480,440
Net Contingent Liabilities 1,334,671 1,673,765
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
COMMITMENTS & CONTINGENCIES
In the normal course of its banking operations, the Bank enters into commitment and contingency
transactions that carry credit risk. These transactions primarily relate to conditional rights and obligations
recorded in administrative accounts and may give increment to potential credit exposure in the future.
Commitment and contingency transactions that occur in the Bank’s normal activities that have financing
risks are as follows:
(In Rp million)
Description 2024 2025
(1) (2) (3)
Guarantees issued 2,040,725 2,480,440
Undrawn financing facilities 2,138,888 5,690,458
Irrevocable letters of credit 364,587 108,178
Total 4,544,200 8,279,076
Accordingly, the collectability of commitments and contingencies with credit risk exposure recorded in
administrative accounts is presented to reflect the quality of such exposures and the effectiveness of
the Bank’s credit risk management. Collectability of commitments and contingencies on administrative
accounts that have financing risks is as follows:
(In Rp million)
Description 2024 2025
(1) (2) (3)
Current 4,542,007 8,225,630
Special Mention 2,193 53,446
Substandard – –
Doubtful – –
Loss – –
Total 4,544,200 8,279,076
Furthermore, movements in the allowance for impairment losses on estimated commitments and
contingencies are disclosed to illustrate adjustments made by the Bank in anticipation of potential losses
arising from these exposures. Changes in the allowance for impairment losses on estimated commitments
and contingencies are as follows:
(In Rp million)
Description 2024 2025
(1) (2) (3)
Opening balance 32,017 24,045
Provision during the year (8,443) 1,710
Foreign exchange difference 471 362
Closing balance 24,045 26,117
Management is of the opinion that the allowance for impairment losses on estimated commitments
and contingencies has been established at an adequate level and is in compliance with the applicable
regulations issued by OJK, taking into account the Bank’s risk profile and prudential principles.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
MATERIAL INFORMATION AND
SUBSEQUENT EVENTS
As of the date of preparation of this Annual Report, there have been no significant subsequent events
after the date of the auditor’s report that require further disclosure. Accordingly, there are no events that
are expected to have a material impact on the Bank’s financial performance, financial position, or future
risk profile.
TARGET AND ACHIEVEMENT IN 2025
COMPARISON OF 2025 FINANCIAL TARGETS AND REALIZATION
Information on the comparison between the financial targets and their realization in 2025 is presented
as follows.
(In Rp million)
Description RKAP 2025 Realization 2025 Results
(1) (2) (3) (4) = (2)/(3)
FINANCIAL POSITION
Assets 419,538,199 456,192,606 108.74%
Financing 310,365,880 318,843,761 102.73%
Third Party Funds 348,855,345 380,488,302 109.07%
PROFIT OR LOSS
Fund Management Income by the Bank as Mudharib 27,453,242 28,177,765 102.64%
Net Income 7,495,398 7,567,523 100.96%
FINANCIAL RATIO (%)
GROSS NPF 1.85% 1.81% 102.45%
NET NPF 0.53% 0.47% 112.21%
As of the third quarter of 2025, BSI’s total assets amounted to Rp456.19 trillion, exceeding the RKAP/RBB
target by 108.74%. This achievement was supported by the Bank’s effective intermediation function, as
reflected in the growth of financing disbursement and third-party funds. Amid relatively stable market
conditions, BSI was able to optimize its asset management, thereby supporting resilient and sustainable
growth.
Total financing disbursed reached Rp318.84 trillion in 2025, surpassing the RKAP/RBB target by 102,73%.
Financing growth was recorded across all segments, including wholesale, retail, and consumer. In line
with its sustainable growth strategy, BSI continued to prioritize sound financing quality by maintaining
a prudent balance between business expansion and risk management through disciplined risk
management practices.
Third-party funds in 2025 amounted to Rp380.49 trillion, with an achievement rate of 109,07% against the
RKAP/RBB target. The funding strategy focused on increasing the proportion of Current Account Saving
Account (CASA), particularly savings deposits, to strengthen a stable and cost-efficient funding structure.
Net profit in 2025 was recorded at Rp7.57 trillion, exceeding the RKAP/RBB target with an achievement
rate of 100.96%. This performance was driven by higher margin and profit-sharing income, as well as
continued growth in fee-based income. Ongoing cost efficiency initiatives and the maintenance of sound
asset quality also contributed to the improvement in the Bank’s profitability.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
TARGET AND ACHIEVEMENT IN 2025
COMPARISON OF 2025 CAPITAL STRUCTURE TARGETS AND REALIZATION
Information on the comparison between capital structure targets and their realization is presented as
follows:
(In Rp million)
Description RKAP 2025 Realization 2025 Results
(1) (2) (3) (4) = (2)/(3)
Core Capital (Tier 1) 46,687,952 48,109,082 97.05%
Supplementary Capital (Tier 2) 2,541,194 2,464,058 103.13%
Total Capital 49,229,146 50,573,140 97.34%
Based on the comparison between the 2025 RKAP target and the realization up to the end of 2025 (Q4),
the Bank’s capital structure showed stronger performance than planned. BSI’s total capital in December
2025 was recorded at Rp50,573,140 million, higher than the RKAP target of Rp49,229,146 million. This
increase reflects the strengthening of the Bank’s capital structure, supported by the Company’s solid
performance throughout the year.
This solid capital structure provides adequate room for the Bank to support productive asset growth,
maintain financial stability, and strengthen resilience in facing the dynamics of the banking industry.
COMPARISON OF 2025 MARKETING TARGETS AND REALIZATION
Information on the comparison between marketing targets and their realization in 2025 is presented as
follows.
Product Description 2025 Realization
New Product Plan 2025
BSI Debit Visa E-commerce BSI Visa Debit 3D Secure E-Commerce Online Transactions is an online LIVE
Online Transactions transaction feature for BSI Visa Debit Cards secured through 3DS (Verified
by Visa) using Transaction OTP authentication.
Gold-Collateralized Qardh The Gold-Collateralized Qardh Limit may be granted up to a maximum of OJK/BI Licensing
Limit Rp1,000,000,000 per customer. Process
BI-SSSS Sub-registry Sub-registry in BI-SSSS represents the expansion of the Bank’s activities LIVE preparation
in providing government securities (SBN) and regional government piloting
securities transactions supported by Bank Indonesia’s services.
Financial Institution Bank- The Financial Institution Bank-to-Bank Murabahah Facility facilitates OJK/BI Licensing
to-Bank Wakalah Facility interbank fund placement and financing through commodity exchanges Process
using a Murabahah contract.
BI-FAST Phase 2 BI-FAST Phase 2 is the continuation of Phase 1, serving as a retail payment OJK/BI Licensing
system infrastructure enabling real-time and 24/7 retail payments across Process
various instruments and channels.
BSI Gold Installment The BSI Gold Installment product will continue to operate under LIVE
Buyback Feature the existing transaction mechanism. The Buyback feature provides
customers with an option to resell gold as part of after-sales service. Gold
purchases are conducted by Bank partners, with BSI acting as an agent
connecting customers (sellers) and partners (buyers). Gold acquired by
partners is temporarily stored at BSI for up to seven working days, and
all transaction costs under the Buyback feature are borne by the partner.
Cash Wakaf Linked Deposit Cash Waqf Linked Deposit (CWLD) is a deposit product where the OJK/BI Licensing
(CWLD) principal serves as temporary cash waqf, and the profit sharing is allocated Process
directly to designated social projects. As an advanced development of BSI
Deposito Wakaf, CWLD allows earlier implementation of social projects
through bundling with financing mechanisms, where installments are
funded from monthly deposit profit sharing.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
TARGET AND ACHIEVEMENT IN 2025
Product Description 2025 Realization
BSI Investment Account BSI Investment Account (SRIA) optimizes the investor function by LIVE
(SRIA) collecting and managing funds under a Mudharabah Muqayyadah
contract on-balance sheet, channeling them directly to specific
productive assets aligned with the investor’s risk appetite.
BSI Overseas Commodity The Commodity Murabahah scheme involves commodity sales OJK/BI Licensing
Murabahah KCLN transactions with transparent cost and agreed profit margin, applied Process
to financing, placements, fund mobilization, and sukuk issuance,
particularly supporting Overseas Branch operations.
New Trade Finance New Trade Finance includes an end-to-end Trade Finance Solutions OJK/BI Licensing
Platform and Document Pre-Checking Automation with Smart AI. Process
BSI Daily Kafalah BSI Daily Kafalah provides a Line Facility agreement for financing Internal Process
guarantees and PRKS working capital under Kafalah bil Ujrah and/or
Musyarakah contracts.
Revitalization of Gold Revitalization of the Gold Ownership Financing Limit increases the LIVE preparation
Ownership Financing Limit maximum financing limit from Rp150 million to Rp500 million per piloting
Feature customer.
Consumer Landing Page The Consumer Landing Page is a digital platform enabling customers to Internal Process
explore BSI consumer products, apply for financing, simulate installments,
and access promotional information in one integrated portal.
Electronic Mutual Fund Electronic Mutual Fund Transactions allow digital account opening, LIVE
Transactions via BYOND subscription, redemption, and switching.
BSI Multicurrency Foreign BSI Multicurrency Wadiah Savings introduces 5 additional currencies LIVE
Currency Savings (SGD, SAR, AUD, JPY, EUR) with core system integration.
BYOND Marketplace BYOND Marketplace is a feature designed to accommodate the lifestyle LIVE
transactional needs of BYOND users, supporting the strengthening of
the Islamic or halal lifestyle ecosystem at Bank Syariah Indonesia.
Through the Byond Lyfe page, customers can purchase event tickets,
transportation tickets, umrah travel packages, game vouchers, and
conduct various lifestyle transactions on an end-to-end basis within a
single integrated platform.
Islamic Structured Account Islamic Structured Account (ISRA) is a Third-Party Funds (TPF) deposit OJK/BI Licensing
(ISRA) product in the form of savings and current accounts based on a Process
Mudharabah Muqayyadah contract, whereby the deposited funds
are specifically allocated for foreign exchange transaction activities
conducted by the Treasury unit.
Addition of MMQ Contract The development of the MMQ contract for PPR indent financing Internal Process
for BSI Griya Indent represents the Bank’s initiative to enhance the existing contractual
Financing structure of the PPR Indent product. Previously, the product applied a
murabahah contract covering land and building materials. Through
the introduction of the MMQ (Musyarakah Mutanaqisah) contract, the
Bank seeks to strengthen Sharia compliance and improve the financing
structure for PPR indent disbursement in alignment with Islamic
principles.
BSI Hasanah Card The enhancement of BSI Hasanah Card through the addition of LIVE preparation
Contactless contactless capability, embedded across all BSI Hasanah Card variants piloting
and their derivatives.
Enhancement of CMS Further enhancement of the Cash Management Services platform, Internal Process
Capabilities – Islamic comprising Account Payable Management, Account Receivable
Ecosystem & Securities Management, Account Liquidity Management, Account Administration
Ecosystem Support (ZISWAF & Information, and Digital Onboarding, with features and capabilities
Payments) designed for Corporate, Institutional, Government, Small and Medium
Enterprise (SME), Cooperative, and Sole Proprietorship segments,
including:
•• ZISWAF Payment
•• Customer Fund Account (RDN)
Bank-to-Bank Risk Sharia Risk Participation Transactions represent a cooperation Internal Process
Participation arrangement between two parties, namely the Grantor (acting as agent)
and the Participant Bank (acting as principal), based on the agreed risk-
sharing portion as stipulated in the Master Risk Participation Agreement
for the settlement of trade finance transactions.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
TARGET AND ACHIEVEMENT IN 2025
Product Description 2025 Realization
Conversion of Existing BSI Enhancement of the BSI Gold service features and contractual structure, LIVE preparation
Gold Products into Gold whereby customers’ gold balances previously held under the e-gold piloting
Savings custody service will be converted into Gold Savings.
Expansion of BSI Treasury Expansion of treasury business activities to be conducted by BSI DIFC OJK/BI Licensing
Activities in the Middle East through the application for a “Dealing in Investments as Principal” license Process
(DIFC Branch) with the DFSA.
ZIS App Hyperlink Service Expansion of treasury business activities to be conducted by BSI DIFC Internal Process
on BYOND through the application for a “Dealing in Investments as Principal” license
with the DFSA.
Hyperlink is a feature within BYOND that functions as a link from
BYOND to external platforms or websites outside the BYOND ecosystem.
Through the Hyperlink ZIS App service, ZISWAF institutions not directly
integrated into BYOND can be accommodated, providing BSI customers
with broader options for distributing ZISWAF funds according to their
preferred programs and institutions.
COMPARISON OF 2025 HUMAN CAPITAL DEVELOPMENT TARGETS
AND REALIZATION
Information on the comparison between human capital development targets and their realization in
2025 is presented as follows:
(In Rp million)
Description RKAP 2025 Realization 2025 Results
(1) (2) (3) (4) = (2)/(3)
Human Capital Development
145,000,000,000 141,773,826,444 98%
Expenses (Rp)
The realization of human capital development expenditure in 2025 amounted to Rp141.77 billion,
representing 98% of the RKAP 2025 budgeted amount of Rp145 billion.
BSI continues to enhance human capital capabilities as part of its strategy to support long-term business
objectives. These efforts are carried out through training programs and other development initiatives
to ensure the availability of competent personnel aligned with organizational needs and the evolving
dynamics of the Islamic banking industry.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
2026 TARGETS/PROJECTIONS
ASSUMPTIONS IN DEVELOPING 2026 TARGETS/ PROJECTIONS
TThe preparation of PT Bank Syariah Indonesia Tbk’s (BSI) performance targets and projections for
2026 is based on a number of key assumptions that reflect Management’s view on developments in
macroeconomic conditions, the direction of monetary policy, and the dynamics of the banking industry
both globally and domestically. The formulation of these assumptions takes into account various external
factors that may affect the stability of the financial system, including economic growth prospects,
inflationary pressures, global liquidity conditions, and geopolitical developments that may impact the
performance of the financial sector. Within this framework, the economic assumptions used include key
macro indicators such as Gross Domestic Product (GDP) growth, inflation rate, the Rupiah exchange rate
against the United States Dollar, and the Bank Indonesia benchmark interest rate (BI 7-Day Reverse Repo
Rate). These indicators form the basis for formulating projections on financing growth, third-party fund
collection, margin levels, and other financial performance indicators.
In determining these targets and projections, Management continues to prioritize prudential principles,
strengthening risk management, and maintaining capital and liquidity resilience in order to ensure
the sustainability of the Bank’s performance amid dynamic economic conditions. Management also
realizes that future performance realization may be influenced by various external and internal factors
that develop dynamically. Therefore, the assumptions used in preparing the projections will be evaluated
periodically by taking into account actual economic and industry developments, so that the strategies
and targets set remain relevant, adaptive, and aligned with the business environment faced by the Bank.
Description Projection 2026
(1) (2)
Economic growth 5.11%
Inflation rate 2.34%
Rp/USD exchange rate Rp16,224
7-Day Reverse Repo Rate 4.25
Source: Office of Chief Economist BSI
2025 Financial Targets/Projections
Information on BSI’s financial targets and projections for 2025 is prepared based on the approved
Corporate Business Plan (RKAP), taking into account macroeconomic conditions, the outlook of the
Islamic banking industry, and the Bank’s risk profile. These targets and projections serve as a reference
for management in directing business strategies and managing performance on a sustainable basis.
Information regarding the 2025 financial targets/projections is as follows:
Description Projection 2026
(1) (2)
Financing Growth 10% - 14%
Cost of Credit < 0,84 %
Net Interest Margin > 5,50 %
Dividend Policy Targets/Projections for 2025
The dividend distribution policy of PT Bank Syariah Indonesia Tbk (BSI) is determined through the
resolution of the General Meeting of Shareholders (GMS) by upholding the principles of good corporate
governance and equal treatment for all shareholders. Each shareholder has the same right to receive
dividends in accordance with their share ownership proportion. In formulating its dividend policy, the
Company considers various strategic aspects, including the Bank’s financial condition and capability,
reserve requirements to strengthen the capital structure, business development plans, as well as
compliance with the provisions of laws and regulations applicable in Indonesia.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
2026 TARGETS/PROJECTIONS
By considering the Bank’s financial condition and overall performance, BSI’s dividend policy is directed
toward the distribution of cash dividends to shareholders after taking into account capital adequacy to
support business expansion and maintain long-term business sustainability. The determination of the
dividend payout ratio and timing of payment is fully under the authority of the GMS, taking into account
various factors such as retained earnings, operational performance, cash flow, business prospects,
banking industry conditions, as well as general economic conditions. In line with prudential principles,
the dividend policy may be reviewed and adjusted periodically in accordance with developments in the
Company’s financial performance, economic dynamics, and changes in applicable regulatory provisions.
2026 Marketing Target/Projection
Information regarding BSI’s marketing targets and projections for 2026 is prepared by taking into account
the Bank’s strategic direction, market conditions, and growth opportunities in key segments. This
projection serves as the basis for strengthening market penetration, optimizing distribution networks, as
well as developing products and services according to customer needs. Information related to the 2026
marketing projection is as follows:
Planned
Types of New
No. Implementation Description
Bank Products
Timeline
The Gold-Collateralized Qardh Limit may be granted up to a
Gold-Collateralized
1 Q1-2026 maximum of Rp1,000,000,000.00 (one billion rupiah) for each
Qardh Limit
customer.
The Cash Waqf Linked Deposit (CWLD) product is a basic deposit
product in which the principal value will function as temporary
cash waqf, while the profit-sharing from the deposit can be directly
utilized for social projects to be determined in accordance with
the program established for each issuance series. CWLD is a more
advanced development of BSI Waqf Deposit. Through CWLD, social
Cash Waqf Linked
2 Q1-2026 projects can be realized earlier without waiting for the completion
Deposit (CWLD)
of all profit-sharing payments from the deposit principal. Funds for
the realization of social programs can be implemented through
a bundling mechanism with financing, where the installment is
taken from the monthly profit-sharing earned from the deposit.
Under this scheme, the project will be realized earlier without
waiting for all profit-sharing to be fully paid.
Addition of 5 currencies to the BSI Wadiah Foreign Currency Savings
BSI Multicurrency
Product (6009), namely SGD, SAR, AUD, JPY, and EUR, through the
3 Foreign Currency Q1-2026
instrument of adding account opening and transactions in the
Savings
Core system.
Islamic Structured Account (ISRA) is a Third-Party Funds (DPK)
deposit product in the form of savings and current accounts based
Islamic Structured
4 Q1-2026 on the Mudharabah Muqayyadah contract, whereby the deposited
Account (ISRA)
funds are specifically used for foreign exchange transaction
activities by the Treasury work unit.
The development of the MMQ contract for indent mortgage
financing is an initiative by the Bank to improve the contract
Addition of the previously used in the Indent Mortgage product. The contract
MMQ contract for previously used in the Indent Mortgage product was a murabahah
5 Q1-2026
BSI Griya Indent contract for land and building materials. The Bank seeks to improve
disbursement the financing contract for indent mortgages so that it is more
aligned with sharia principles by developing the MMQ contract for
indent mortgage disbursement.
BSI Hasanah Card Addition of the BSI Hasanah Card feature with contactless capability
6 Q1-2026
Contactless embedded in all BSI Hasanah Card cards and their derivatives.
Conversion of
Changes in the features and contract of BSI Gold services, whereby
Existing BSI Gold
7 Q1-2026 the gold balance entrusted by customers in the e-gold service will
Products into Gold
be converted into Gold Savings.
Savings
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
2026 TARGETS/PROJECTIONS
Planned
Types of New
No. Implementation Description
Bank Products
Timeline
Hyperlink is a feature in BYOND that functions as a link from
BYOND to other platforms or website addresses outside BYOND.
ZIS App Hyperlink This Hyperlink ZIS App service can accommodate ZISWAF Amil
8 Q1-2026
Service on BYOND Institutions that are not available on BYOND. BSI customers also
have many options in channeling ZISWAF funds according to the
programs and institutions of their choice.
The Online Contract for Mitraguna Financing using a WhatsApp
Chatbot is an application for Mitraguna financing customers who,
Online Contract
under the regular process at the branch, are willing to carry out
9 for Mitraguna Q1-2026
their contract signing process online. They will receive a notification
Financing
once their financing has been approved for the online financing
contract process.
Further development of the Cash Management Service platform
Enhancement consisting of Account Payable Management, Account Receivable
of CMS Management, Account Liquidity Management, Account
Capabilities - Fund Administration & Information, as well as Digital Onboarding for
10 Management, Q1-2026 features and capabilities intended for customers in the Corporate,
Government Institutional, Government, Small Medium Enterprise (SME),
& Institutional Cooperative, and Sole Proprietorship segments, including:
Solution (RDN)
Customer Fund Account (RDN)
BSI Umrah Savings is a savings product intended for customers
Umrah Savings
11 Q1-2026 who will undertake religious tourism (umrah pilgrimage).
Development
Registry in BI-SSSS is the addition of bank activities providing
BI-SSSS Sub-
services in the form of government securities (SBN) and regional
12 registry Q1-2026
government securities transactions supported by Bank Indonesia
services.
Financial
Financial Institution Bank-to-Bank Murabahah Facility is the
Institution Bank-
13 Q1-2026 collection and disbursement of funds between banks by utilizing
to-Bank Wakalah
the commodity exchange under a Murabahah contract.
Facility
The commodity murabahah contract scheme is a commodity sale
BSI Overseas transaction that specifies the purchase price and agreed profit
14 Commodity Q1-2026 margin. This scheme is used for financing/placement products,
Murabahah KCLN fund-raising, and sukuk issuance, and is limited to supporting the
activities of Overseas Branch Offices.
Revitalization Revitalization of the Gold Ownership Financing Amount Limit
of the Gold Feature is the revitalization of one of the Gold Installment features,
15 Ownership Q1-2026 namely the financing amount limit, which is increased from Rp150
Financing Limit million to a maximum of Rp500 million per customer.
Feature
Consumer Landing Page is a digital platform that will make it
easier for customers to search for BSI consumer products, apply
Consumer
16 Q1-2026 for financing, calculate installment simulations, and obtain
Landing Page
information on BSI consumer financing promotional programs in
one place.
Sharia Risk Participation Transaction is a form of cooperation
between two parties, namely the Grantor (as representative/agent)
Bank-to-Bank Risk
17 Q1-2026 and the Participant Bank (as principal), according to the risk-
Participation
sharing arrangement as set out in the Master Risk Participation
Agreement for the settlement of trade finance transactions.
Expansion of
Expansion of activities in the form of treasury business that can
BSI Middle East
18 Q1-2026 be carried out by BSI DIFC through the submission of a Dealing in
Treasury Activities
Investments as Principal license to the DFSA.
(DIFC Branch)
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
2026 TARGETS/PROJECTIONS
Planned
Types of New
No. Implementation Description
Bank Products
Timeline
Further development of the Cash Management Service platform
consisting of Account Payable Management, Account Receivable
Enhancement of Management, Account Liquidity Management, Account
CMS Capabilities - Administration & Information, as well as Digital Onboarding for
Islamic Ecosystem features and capabilities intended for customers in the Corporate,
19 & Securities Q1-2026 Institutional, Government, Small Medium Enterprise (SME),
Ecosystem Cooperative, and Sole Proprietorship segments, including:
Support (ZISWAF
Payment) - ZISWAF Payment
- Customer Fund Account (RDN)
BSI Hasanah
Derivative product of the BSI Hasanah Card sharia credit card for
Card for Young
20 Q2-2026 the young segment, namely millennials and Gen Z, which provides
Segment / Lyfe
a special value proposition for the young segment.
Card
BSI Hasanah Card A new type of BSI Hasanah Card product for the affluent segment,
21 Q2-2026
Signature Visa which provides a special value proposition for that affluent segment.
Hasanah Card Lyfe is a BSI Hasanah Card (sharia credit card) feature
and its derivative products available on the BSI superapp (BYOND),
22 Hasanah Card Lyfe Q2-2026 in the form of autobinding features, virtual card display, activation,
PIN request, and an information dashboard for limits, outstanding
amounts, remaining limits, and others.
BSI Investment Account (SRIA) is a product that optimizes the
investor function at the Bank by collecting and managing funds
BSI Investment based on a Mudharabah Muqayyadah contract with an on-balance
23 Q1-2026
Account (SRIA) sheet profit-sharing scheme, which will be directly and specifically
allocated to certain productive assets according to the Investor’s
risk appetite.
New Trade E2E Trade Finance Solutions Platform and Document Pre-Checking
24 Q1-2026
Finance Automation with Smart AI.
BSI Daily Kafalah facility provided by the Bank to Customers under
a Line Facility agreement for the realization of guarantee financing
25 BSI Daily Kafalah Q1-2026
and PRKS working capital using the Kafalah bil Ujrah contract and/
or musyarakah contract.
Human Capital Development Targets/Projections for 2026
Information on BSI’s human capital development targets and projections for 2026 is designed to support
the achievement of the Bank’s medium- and long-term business strategies. Human capital development
expenses for 2026 are projected to reach Rp147.77 billion, representing an increase of 1.29% compared
with the realized human capital development expenses in 2025. Information related to the projection of
human resource development in 2026 is as follows:
(In Rp million)
Description Projection 2026
(1) (2)
Human Capital Development Expenses (Rp) 147,779,000,000
Investment in human capital development is directed toward ensuring the availability of competent
and adaptable talent aligned with organizational needs, while also supporting the strengthening of
governance, risk management, and the Bank’s sustainable operational performance.
ANNUAL REPORT 2025
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
DIVIDEND POLICY, ANNOUNCEMENT
AND PAYOUT
BSI may declare and distribute dividends in Indonesian Rupiah on an annual basis, provided that the
Bank records a positive retained earnings balance. In accordance with applicable regulations, a portion of
the Bank’s net income, as determined by the Annual General Meeting of Shareholders (AGMS) and after
corporate income tax, must be allocated to the mandatory statutory reserve until such reserve reaches
at least 20% of the Bank’s paid-in capital. There is no specified timeframe for achieving the minimum
statutory reserve level.
The remaining portion of net income, after allocation to the statutory reserve, may be distributed to
shareholders as final dividends, unless otherwise resolved by the AGMS. In addition, the Bank may declare
special dividends on an ad hoc basis, subject to approval by the General Meeting of Shareholders (GMS),
while taking into consideration the Bank’s financial condition and prevailing regulatory requirements.
The allocation of net income for the 2024 financial year was approved by the AGMS held on May 17, 2024,
as was the allocation of net income for the 2023 financial year. The allocation of net income for the 2025
financial year will be determined at the AGMS scheduled to be held in 2026.
(In Rp million)
Description Fiscal Year 2023 Fiscal Year 2024
Net Income 5,703,743,109,251 7,005,888,311,206.67
Cash Dividend 855,561,466,388 1,050,883,246,681
Stock (Non-Cash) Dividend – –
Cash Dividend per Share 18.5470451 22.781273
Stock (Non-Cash) Dividend per Share – –
Dividend Payout Ratio (%) 15% 15%
Dividend Announcement Date May 17, 2024 May 16, 2025
Cash Dividend Payment Date June 20, 2024 June 19, 2025
Stock (Non-Cash) Dividend Payment Date – –
IPO PROCEEDS UTILIZATION
In accordance with Financial Services Authority Regulation (POJK) No. 30/POJK.04/2015 concerning the
Report on the Realization of the Use of Proceeds from Public Offerings, BSI has prepared and submitted
the report on the realization of the use of proceeds in a timely manner and in full compliance with
applicable regulations. The report reflects that the utilization of proceeds is consistent with the objectives
disclosed in the prospectus and adheres to the principles of transparency and accountability toward
stakeholders.
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240 PT BANK SYARIAH INDONESIA (PERSERO) TBK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
IPO PROCEEDS UTILIZATION
(In Rp million)
Remaining
Type of Public Realized Value of Public Offering Results Planned use of funds Actual use of funds
No. funds
Offering
Offer Value Cost Net Result Description Total Description Total
Type of Public Offering
Sustainable Mudharabah Sukuk Shelf Registration I of Bank BSI – Tranche II, 2025
1. 26 Juni 2025 5,000,000,000,000 7,840,000,000 4,992,160,000,000 All funds obtained from the Public All funds obtained from the Public
Offering, after deducting issuance- Offering, after deducting issuance-
related costs, are allocated by the related costs, are allocated by the
Company for the disbursement Company for the disbursement
of new financing and/or existing of new financing and/or existing
financing, either directly or financing, either directly or
indirectly, to activities classified indirectly, to activities classified
as Environmentally Sustainable as Environmentally Sustainable
Business Activities (KUBL) and Socially Business Activities (KUBL) and Socially
Sustainable Business Activities Sustainable Business Activities
(KUBS), as stipulated in POJK No. 18 (KUBS), as stipulated in POJK No. 18
of 2023 concerning the issuance and of 2023 concerning the issuance and
requirements of sustainability-linked requirements of sustainability-linked
debt securities and sukuk. The use of debt securities and sukuk. The use of
proceeds for existing financing under proceeds for existing financing under
the KUBL and KUBS categories is the KUBL and KUBS categories is
detailed as follows: detailed as follows:
1. The KUBL 1,761,306,475.94 1. The KUBL 1.761.306.475.944 -
category category
represents represents
a minimum a minimum
allocation of 30% allocation of 30%
and a maximum and a maximum
of 50%. Within of 50%. Within
the KUBL the KUBL
category, at least category, at least
50% is allocated 50% is allocated
to the following to the following
subcategories: subcategories:
(1) Renewable (1) Renewable
energy, (2) energy, (2)
Products that Products that
reduce resource reduce resource
usage and usage and
generate less generate less
pollution, and pollution, and (3)
(3) Sustainable Sustainable water
management of and wastewater
biological natural management,
resources and with the
land use, with remainder
the remainder allocated to the
allocated to the other seven (7)
other seven (7) KUBL categories.
KUBL categories.
2. The KUBS 3.230.853.524.05 2. The KUBS 3.230.853.524.056 -
category category
represents represents
a minimum a minimum
allocation of 50% allocation of 50%
and a maximum and a maximum
of 70%. Within of 70%. Within
the KUBS the KUBS
category, at least category, at least
50% is allocated 50% is allocated
to the following to the following
subcategories: subcategories:
(1) Job creation (1) Job creation
and programs and programs
designed to designed to
prevent and/ prevent and/
or reduce or reduce
unemployment, unemployment,
including small including small
and medium and medium
enterprise enterprise
financing and financing and
microfinancing, microfinancing,
(2) Enhancement (2) Enhancement
of socio- of socio-
economic economic
empowerment, empowerment,
and (3) Access and (3) Access
to essential to essential
services, with services, with
the remainder the remainder
allocated to the allocated to the
other three (3) other three (3)
KUBS categories. KUBS categories.
Jumlah 5,000,000,000,000 7.840.000.000 4.992.160.000.000 4.992.160.000.000 4.992.160.000.000
ANNUAL REPORT 2025
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
IPO PROCEEDS UTILIZATION
Details of Costs for the Sustainable Mudharabah Sukuk Shelf Registration I
Bank BSI – Tranche II, 2025
No. Description Total Cost Percentage
Fees for Securities Underwriting Services 4,950,000,000 0.099%
Management Fee 3,450,000,000 0.069%
1.
Underwriting Fee 750,000,000 0.015%
Selling Fee 750,000,000 0.015%
Capital Market Supporting Professional Fees 350,000,000 0.007%
2. Legal Consultant Fee 300,000,000 0.006%
Notary Fee 50,000,000 0.001%
Capital Market Supporting Institution Fees 1,740,000,000 0.035%
Credit Rating Agency 1,500,000,000 0.030%
3. Trustee 240,000,000 0.005%
Other Fees (including OJK registration statement fees, KSEI fees, IDX
listing fees, as well as printing, advertising, event organizer, environmental 800,000,000 0.016%
expert, and public accountant fees for allocation audit)
Total Public Offering Costs 7,480,000,000 0.157%
MATERIAL INFORMATION ON INVESTMENT,
EXPANSION, DIVESTMENT, MERGER/
CONSOLIDATION, ACQUISITION, DEBT/CAPITAL
RESTRUCTURING, MATERIAL TRANSACTIONS,
AFFILIATED TRANSACTIONS, AND CONFLICT OF
INTEREST TRANSACTIONS
Investment
In 2025 and 2024, BSI invested in securities issued by both the Government and corporate entities. These
investments formed part of the Bank’s asset portfolio management strategy, aimed at maintaining an
appropriate balance between liquidity, returns, and risk exposure. Details of BSI’s securities investments
as of September 30, 2025, and December 31, 2024, are presented in the table below:
LEADING THE NEW ERA OF BULLION BANK
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
MATERIAL INFORMATION ON INVESTMENT, EXPANSION,
DIVESTMENT, MERGER/CONSOLIDATION, ACQUISITION, DEBT/
CAPITAL RESTRUCTURING, MATERIAL TRANSACTIONS, AFFILIATED
TRANSACTIONS, AND CONFLICT OF INTEREST TRANSACTIONS
(In Rp million)
2024 2025
Instrument Nominal Carrying Nominal Carrying
Value Value Value Value
Fair Value Through Profit or Loss
RUPIAH
Government Sharia Securities (SBSN) 2,908,897 2,850,076 2,320,383 2,300,433
Government Sharia Treasury Bills (SPNS) 6,636,068 6,724,573 2,006,619 1,962,324
Bank Indonesia Sukuk 1,911,328 1,933,536 2,000,000 2,028,369
Mutual Funds - - – –
Sharia Asset-Backed Securities – Participation Certificates 27,301 27,722 27,301 29,476
(EBAS-SP)
Total 11,483,594 11,535,907 6,354,303 6,320,602
FOREIGN CURRENCY
Government Sharia Securities (SBSN) 258,046 260,860 46,466 46,181
Bank Indonesia Sukuk 500,250 504,035 – –
Total 758,296 764,895 46,466 46,181
Total Fair Value Through Profit or Loss 12,241,890 12,300,802 6,400,769 6,366,783
Fair Value Through Other Comprehensive Income
RUPIAH
Government Sharia Securities (SBSN) 16,477,765 16,898,419 10,455,701 10,251,000
Bank Indonesia Sukuk 5,240,654 5,240,654 11,148,698 11,148,698
Mutual Funds 2,846,710 2,914,783 2,500,000 2,543,914
Total 23,917,993 25,053,856 24,140,399 23,979,612
FOREIGN CURRENCY
Bank Indonesia Sukuk 5,669,500 5,669,500 8,127,975 8,127,975
Government Sharia Securities (SBSN) 1,196,515 1,201,616 273,615 261,066
Total 6,866,015 6,871,116 8,401,590 8,389,041
Total Fair Value Through Other Comprehensive Income 31,431,144 31,924,972 32,541,989 32,368,653
Amortized Cost
RUPIAH
Government Sharia Securities (SBSN) 14,162,265 14,180,967 22,078,936 22,127,374
Corporate Sukuk 45,000 45,000 638,800 638,800
Export Bills 213,953 213,953 309,746 309,746
Total 14,421,218 14,439,920 23,027,482 23,075,920
FOREIGN CURRENCY
Government Sharia Securities (SBSN) 1,000,500 1,006,977 431,346 433,580
Export Bills 9,931 9,931 6,870 6,870
Total 1,010,431 1,016,908 438,216 440,450
Total Amortized Cost 15,431,649 15,456,828 23,465,698 23,516,370
Total Investment in Securities 59,682,602 62,251,808
Allowance for Impairment Losses (32,114) (35,288)
Net 59,650,488 62,216,518
ANNUAL REPORT 2025
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
MATERIAL INFORMATION ON INVESTMENT, EXPANSION,
DIVESTMENT, MERGER/CONSOLIDATION, ACQUISITION, DEBT/
CAPITAL RESTRUCTURING, MATERIAL TRANSACTIONS, AFFILIATED
TRANSACTIONS, AND CONFLICT OF INTEREST TRANSACTIONS
Expansion Acquisition
Throughout 2025, BSI did not undertake any Throughout 2025, BSI did not conduct any
business expansion activities. acquisition activities.
Divestment Debt/Capital Restructuring
Throughout 2025, BSI did not carry out any Throughout 2025, BSI did not undertake any debt
divestment activities. or capital restructuring activities.
Merger/Business Consolidation
Throughout 2025, BSI did not engage in any
merger or business consolidation activities.
INFORMATION ON MATERIAL TRANSACTIONS
INVOLVING CONFLICTS OF INTEREST AND/OR
AFFILIATED PARTY TRANSACTIONS
MATERIAL TRANSACTIONS AFFILIATED TRANSACTIONS
In accordance with Financial Services Authority Under POJK No. 42/POJK.04/2020, an Affiliation
Regulation (POJK) No. 17/POJK.04/2020 on Material includes, among others:
Transactions and Changes in Business Activities, a •• Family relationships by marriage or lineage up
Material Transaction is defined as any transaction to the second degree, horizontally or vertically;
carried out by a public company or its controlled •• Relationships between a party and the
company with a value equal to or exceeding 20% employees, Directors, or Commissioners of that
of the public company’s equity. Throughout 2025, party;
BSI did not undertake any transactions that met •• Relationships between two companies with
the criteria for a Material Transaction under the one or more common members of the Directors
regulation. or Board of Commissioners;
•• Relationships between a company and a
party that directly or indirectly controls or is
CONFLICT OF INTEREST controlled by the company;
TRANSACTIONS •• Relationships between two companies under
direct or indirect common control; or
Pursuant to POJK No. 42/POJK.04/2020 on •• Relationships between a company and its
Affiliated Transactions and Conflict of Interest Controlling Shareholder.
Transactions, a Conflict of Interest arises when
there is a divergence between the economic An Affiliated Transaction refers to any activity and/
interests of a public company and the personal or transaction conducted by a public company or
economic interests of members of the Directors, its controlled company with an Affiliate, including
Board of Commissioners, Controlling Shareholders, transactions carried out for the benefit of Affiliates
or Controllers that may be detrimental to the of the Directors, Board of Commissioners,
company. In 2025, BSI did not enter into any Controlling Shareholders, or Controllers.
transactions involving a Conflict of Interest.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
INFORMATION ON MATERIAL TRANSACTIONS INVOLVING
CONFLICTS OF INTEREST AND/OR AFFILIATED PARTY
TRANSACTIONS
Affiliated Transactions Conducted in the yang berlaku umum, serta mematuhi peraturan
Ordinary Course of Business perundang-undangan yang berlaku.
In accordance with Articles 8 and 9 of POJK
42/2020, certain affiliated transactions constitute Peran Dewan Komisaris dan Komite Audit
part of BSI’s ordinary business activities to The Audit Committee is responsible for monitoring
generate operating income and are conducted the follow-up of audit findings to assess the
on a routine, recurring, and/or ongoing basis. adequacy of the internal control system, including
These transactions are disclosed in the related the financial reporting process. The Audit
party transactions section. BSI has identified Committee also reviews financial information to
and recorded such transactions, including be disclosed to the public and ensures compliance
transaction values, counterparties, and the nature with applicable regulations. Accordingly, affiliated
of relationships, all of which are disclosed in Note and related party transactions fall within the scope
44 to the Financial Statements. of the Audit Committee’s review and oversight.
Transaction Fairness and Regulatory The Audit Committee reports its findings to
Compliance the Board of Commissioners, which exercises
All transactions carried out by BSI have complied supervisory oversight of the Bank’s business
with POJK No. 42/POJK.04/2020 at the time the activities. The roles of the Audit Committee and the
transactions were executed. Transactions were Board of Commissioners are integral to ensuring
conducted based on prevailing market practices, that transactions are conducted in compliance
applying the arm’s length principle, driven by with regulations and in accordance with the arm’s
legitimate business needs, and free from conflicts length principle.
of interest. In 2025, no affiliated or related party
transactions required approval from the General
Meeting of Shareholders (GMS). RELATED PARTY TRANSACTIONS
Statement of the Directors on Affiliated BSI engages in transactions with related parties as
Transactions defined under PSAK 224 Related Party Disclosures
In conducting transactions, particularly with and Regulation No. VIII.G.7 on the Presentation
affiliated and/or related parties, BSI has established and Disclosure of Financial Statements of Issuers
internal procedures in line with regulatory or Public Companies. Related parties include,
requirements. The Directors is involved in among others:
reviewing transaction plans, implementation, and • Parties that directly or indirectly control, are
evaluations. Based on this process, the Directors is controlled by, or are under common control
of the view that all related party transactions have with the Bank;
been conducted through adequate procedures, in • Entities within the same business group as the
accordance with sound business practices, and in Bank;
compliance with prevailing laws and regulations. • Joint ventures in which the Bank acts as a
venturer;
Board of Commissioners and Audit • Members of the Bank’s key management
Committee’s Roles personnel;
Dalam pelaksanaan transaksi, khususnya • Close family members of such individuals;
dengan pihak afiliasi dan/atau berelasi, BSI telah • Entities controlled or significantly influenced
memiliki prosedur internal yang sesuai dengan by individuals with significant voting rights;
ketentuan regulator. Direksi terlibat dalam and
proses penelaahan atas rencana, realisasi, dan • Post-employment benefit plans for employees
evaluasi transaksi. Berdasarkan prosedur tersebut, of the Bank or related entities.
Direksi berpendapat bahwa seluruh transaksi
pihak berelasi telah dilakukan melalui proses
yang memadai, selaras dengan praktik bisnis
ANNUAL REPORT 2025
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
INFORMATION ON MATERIAL TRANSACTIONS INVOLVING
CONFLICTS OF INTEREST AND/OR AFFILIATED PARTY
TRANSACTIONS
Names of Related Parties and Nature of - PT Bank Rakyat Indonesia (Persero) Tbk,
Relationships - PT Bank Negara Indonesia (Persero) Tbk,
BSI’s related party relationships include: - PT BRI Danareksa Sekuritas,
• Controlling Shareholder: The Government of - PT BNI Life Insurance,
the Republic of Indonesia through the Ministry - PT Mandiri Sekuritas, and
of Finance. - AirNav Indonesia.
• Controlling Shareholder Entity: PT Bank
Mandiri (Persero) Tbk.
• Other Shareholders and Related Entities:
Government Entities and Institutions
PT Senggigi Pratama
BPJS Kesehatan PT Krakatau Bandar Samudera
Internasional
BPJS Ketenagakerjaan PT Krakatau Daya Listrik PT Sepatim Batamtama
Dana Pensiun Bank Mandiri PT Krakatau Global Trading PT Sigma Cipta Caraka
Lembaga Pembiayaan Ekspor
PT Krakatau Industrial Estate Cilegon PT Sigma Cipta Utama
Indonesia
Perum BULOG PT Krakatau Information Technology PT Sigma Mitra Sejati
Perum DAMRI PT Krakatau Jasa Industri PT Sinergi Colomadu
Perum Jasa Tirta I PT Krakatau Jasa Logistik PT Sinergi Gula Nusantara
Perum Jasa Tirta II PT Krakatau Samudera PT Sinergi Mitra Investama
Perum Percetakan Negara Republik
PT Krakatau Medika PT Sinkona Indonesia Lestari
Indonesia
Perum Perhutani PT Krakatau National Resources PT Solusi Bangun Beton
PT Krakatau Perbengkelan dan
Perum Perumnas PT Solusi Bangun Indonesia Tbk
Perawatan
PT Sri Pamela Medika
Perum Peruri PT Krakatau Pipe Industries
Nusantara
Perusahaan Penerbit SBSN Indonesia PT Krakatau Samudera Solusi PT Sucofindo
PT Adhi Commuter Properti Tbk PT Krakatau Sarana Infrastruktur PT Sucofindo Advisory Utama
PT Adhi Jalintim Riau PT Krakatau Sarana Properti PT Sucofindo Episi
PT Adhi Karya (Persero) Tbk PT Krakatau Steel (Persero) Tbk PT Sumberdaya Arindo
PT Surabaya Industrial Estate
PT Adhi Persada Beton PT Krakatau Tirta Industri
Rungkut
PT Krakatau Tirta Operasi dan
PT Adhi Persada Gedung PT Surveyor Indonesia (Persero)
Pemeliharaan
PT Adhi Persada Properti PT Krakatau Wajatama PT Surya Energi Indotama
PT Swadharma Sarana
PT Aero Globe Indonesia PT Krida Upaya Tunggal
Informatika
PT Taman Wisata Candi
PT Aerofood Indonesia PT Laras Astra Kartika Borobudur, Prambanan & Ratu
Boko
PT Tanjung Emas Daya
PT Angkasa Pura Properti PT Len Industri (Persero)
Sejahtera
PT Angkasa Pura Retail PT Mandiri Capital Indonesia PT Taspen (Persero)
PT Angkasa Pura Sarana Digital PT Mandiri Manajemen Investasi PT Taspen Abadi Sentosa
PT Angkasa Pura Solusi PT Mandiri Tunas Finance PT Telekomunikasi Selular
PT Angkasa Pura Solusi Integra PT Mandiri Utama Finance PT Telemedia Dinamika Sarana
PT Angkasa Pura Supports PT Mega Eltra PT Telkom Akses
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
INFORMATION ON MATERIAL TRANSACTIONS INVOLVING
CONFLICTS OF INTEREST AND/OR AFFILIATED PARTY
TRANSACTIONS
Government Entities and Institutions
PT Telkom Indonesia (Persero)
PT Antam Resourcindo PT Metra Digital Media
Tbk
PT ASABRI (Persero) PT Mitra Rakata PT Telkom Satelit Indonesia
PT ASDP Indonesia Ferry (Persero) PT Mitra Tours & Travel PT Telkomsel Ekosistem Digital
PT Asuransi Asei Indonesia PT Mitra Transaksi Indonesia PT Telkomsel Mitra Inovasi
PT Terminal Petikemas
PT Asuransi BRI Life PT Mitra Utama Madani
Surabaya
PT Asuransi Jasa Indonesia PT Mulia Sasmita Bhakti PT Terminal Teluk Lamong
PT Timah Karya Persada
PT Asuransi Jasa Indonesia Syariah PT Multi Sentana Baja
Properti
PT Asuransi Jasa Raharja (Persero) PT Multi Terminal Indonesia PT Timah Tbk
PT Asuransi Jiwa IFG PT Nindya Beton PT Tirta Tangsel Mandiri
PT Asuransi Jiwa Inhealth Indonesia PT Nindya Karya (Persero) PT Tracon Industri
PT Asuransi Jiwa Taspen PT Nusa Karya Arindo PT Trans Jawa Paspro Jalan Tol
PT Asuransi Jiwasraya (Persero) PT Nusa Pratama Property PT Tugu Pratama Interindo
PT Asuransi Kredit Indonesia (Persero) PT Nusantara Medika Utama PT Tugu Reasuransi Indonesia
PT Asuransi Tugu Pratama Indonesia
PT Nusantara Regas PT Tusam Hutani Lestari
Tbk
PT United Tractors Semen
PT Aviasi Pariwisata Indonesia PT Nusantara Sebelas Medika
Gresik
PT AXA Mandiri Financial Services PT Nusantara Terminal Services PT Usaha Gedung Mandiri
PT Bahana Artha Ventura PT Nusantara Turbin Dan Propulsi PT Varia Usaha Bahari
PT Bahana Pembinaan Usaha
PT Paguntaka Cahaya Nusantara PT Varia Usaha Beton
Indonesia
PT Bahana Sekuritas PT PAL Indonesia (Persero) PT Varia Usaha Dharma Segara
PT Bahana TCW Investment
PT PAL Marine Services PT Varia Usaha Lintas Segara
Management
PT Bakti Timah Medika PT PANN Pembiayaan Maritim PT Wahana Optima Permai
PT Balai Pustaka PT Patra Drilling Contractor PT Waskita Beton Precast Tbk
PT Bank Mandiri Taspen PT Patra Logistik PT Waskita Karya (Persero) Tbk
PT Bank Tabungan Negara (Persero)
PT Patra Nusa Data PT Waskita Karya Infrastruktur
Tbk
PT Barata Indonesia (Persero) PT Patra Trading PT Waskita Modern Realti
PT Baturaja Multi Usaha PT Pegadaian PT Waskita Toll Road
PT Berdikari PT Pelabuhan Bukit Prima PT Widya Tirta Selaras
PT Berdikari Logistik Indonesia PT Pelabuhan Indonesia (Persero PT Wijaya Karya (Persero) Tbk
PT Wijaya Karya Bangunan
PT Berkah Industri Mesin Angkat PT Pelabuhan Indonesia I (Persero)
Gedung Tbk
PT Berlian Jasa Terminal Indonesia PT Pelabuhan Indonesia II (Persero) PT Wijaya Karya Beton Tbk
PT Berlian Manyar Sejahtera PT Pelabuhan Indonesia IV (Persero) PT Wijaya Karya Bitumen
PT Wijaya Karya Industri dan
PT Bhanda Ghara Reksa (Persero) PT Pelabuhan Indonesia Investama
Konstruksi
PT Wijaya Karya Komponen
PT Bina Karya (Persero) PT Pelabuhan Tanjung Priok
Beton
PT Wijaya Karya Pracetak
PT Bio Farma (Persero) PT Pelayanan Energi Batam
Gedung
PT Biro Klasifikasi Indonesia (Persero) PT Pelayaran Bahtera Adhiguna PT Wijaya Karya Realty
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
INFORMATION ON MATERIAL TRANSACTIONS INVOLVING
CONFLICTS OF INTEREST AND/OR AFFILIATED PARTY
TRANSACTIONS
Government Entities and Institutions
PT Pelayaran Nasional Indonesia PT Wijaya Karya Rekayasa
PT BNI Asset Management
(Persero) Konstruksi
PT Wijaya Karya Serang
PT BNI Sekuritas PT Pelindo Daya Sejahtera
Panimbang
PT Borneo Alumina Indonesia PT Pelindo Husada Citra PT Yodya Karya
PT Brantas Abipraya (Persero) PT Pelindo Jasa Maritim PT Sarana Aceh Ventura
PT BRI Asuransi Indonesia PT Pelindo Marine Service PT Sarana Bandar Nasional
PT Bukit Asam Medika PT Pelindo Multi Terminal PT Sarana Jakarta Ventura
PT Bukit Asam Tbk PT Pelindo Properti Indonesia PT Sarana Jambi Ventura
PT Bukit Energi Investama PT Pelindo Solusi Logistik PT Sarana Jatim Ventura
PT Bukit Multi Properti PT Pelindo Terminal Petikemas PT Sarana Kalbar Ventura
PT Bukit Prima Bahari PT Pelita Air Service PT Sarana Kalteng Ventura
PT Bumi Daya Plaza PT Pemalang Batang Tol Road PT Sarana Kaltim Ventura
PT Sarana Multi Infrastruktur
PT Bumi Sawindo Permai PT Pengembang Pelabuhan Indonesia
(Persero)
PT Sarana Multigriya Finansial
PT Cinere Serpong Jaya PT Pengerukan Indonesia
(Persero)
PT Pengusahaan Daerah Industri Pulau
PT Citilink Indonesia PT Sei Mangkei Nusantara Tiga
Batam (Persero)
PT Penjaminan Infrastruktur Indonesia PT Semen Baturaja (Persero)
PT Citra Lautan Teduh
(Persero) Tbk
PT Semen Indonesia (Persero)
PT Cut Meutia Medika Nusantara PT Penjaminan Jamkrindo Syariah
Tbk
PT Danareksa (Persero) PT Perikanan Nusantara (Persero) PT Semen Indonesia Beton
PT Danareksa Finance PT Perkebunan Nusantara I PT Semen Indonesia Logistik
PT Danareksa Investment
PT Perkebunan Nusantara II PT Semen Padang
Management
PT Dayamitra Telekomunikasi Tbk PT Perkebunan Nusantara III (Persero) PT Jasamarga Manado Bitung
PT Jasamarga Ngawi Kertosono
PT Dirgantara Indonesia (Persero) PT Perkebunan Nusantara IV
Kediri
PT Djakarta Lloyd (Persero) PT Perkebunan Nusantara VI PT Jasamarga Pandaan Malang
PT Dok dan Perkapalan Air Kantung PT Perkebunan Nusantara VII PT Jasamarga Related Business
PT Dok dan Perkapalan Kodja Bahari
PT Perkebunan Nusantara VIII PT Jasamarga Solo Ngawi
(Persero)
PT Jasamarga Surabaya
PT Elnusa Petrofin PT Perkebunan Nusantara X
Mojokerto
PT Jasamarga Tollroad
PT Elnusa Tbk PT Perkebunan Nusantara XII
Maintenance
PT Emas Antam Indonesia PT Perkebunan Nusantara XIII PT Jasamarga Tollroad Operator
PT Energi Agro Nusantara PT Perkebunan Nusantara XIV PT Jasamarga Transjawa Tol
PT Energi Pelabuhan Indonesia PT Permata Graha Nusantara PT Jasaraharja Putera
PT Energy Management Indonesia PT Permodalan Nasional Madani
PT Jembatan Nusantara
(Persero) (Persero)
PT Energi Pelabuhan Indonesia PT Perta Arun Gas PT KA Properti Manajemen
PT Energy Management Indonesia
PT Pertagas Niaga PT Kalimantan Jawa Gas
(Persero)
PT Equiport Inti Indonesia PT Pertamina (Persero) PT Kaltim Adhiguna Dermaga
PT Estika Daya Mandiri PT Pertamina Bina Medika IHC PT Kaltim Daya Mandiri
PT Finnet Indonesia PT Pertamina Drilling Services Indonesia PT Kaltim Industrial Estate
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
INFORMATION ON MATERIAL TRANSACTIONS INVOLVING
CONFLICTS OF INTEREST AND/OR AFFILIATED PARTY
TRANSACTIONS
Government Entities and Institutions
PT Kawasan Berikat Nusantara
PT Fintek Karya Nusantara PT Pertamina EP
(Persero)
PT Gag Nikel PT Pertamina Gas PT Kawasan Industri Gresik
PT Gapura Angkasa PT Pertamina Hulu Indonesia PT Kawasan Industri Makassar
PT Garuda Indonesia (Persero) Tbk PT Pertamina Hulu Kalimantan Timur PT Kawasan Industri Nusantara
PT Garuda Maintenance Facility Aero PT Kawasan Industri Terpadu
PT Pertamina Hulu Mahakam
Asia Tbk Batang
PT Kawasan Industri
PT Graha Investama Bersama PT Pertamina Hulu Rokan
Wijayakusuma
PT Graha Niaga Tata Utama PT Pertamina International Shipping PT KBN Graha Medika
PT Graha Sarana Duta PT Pertamina Lubricants PT KBN Prima Logistik
PT Pertamina Maintenance and PT Kereta Api Indonesia
PT Griyaton Indonesia
Construction (Persero)
PT Hakaaston PT Pertamina Marine Solutions PT Kereta Api Logistik
PT Haleyora Powerindo PT Pertamina Patra Niaga PT Kereta Api Pariwisata
PT HK Realtindo PT Pertamina Pedeve Indonesia PT Kereta Commuter Indonesia
PT Kharisma Pemasaran
PT Hutama Karya (Persero) PT Pertamina Power Indonesia
Bersama Nusantara
PT Kilang Pertamina
PT Hutama Karya Infrastruktur PT Pertamina Retail
Balikpapan
PT Indofarma Global Medika PT Pertamina Training & Consulting PT Kimia Farma Apotek
PT Indonesia Asahan Aluminium
PT Pertamina Trans Kontinental PT Kimia Farma Diagnostika
(Persero)
PT Indonesia Chemical Alumina PT Pertani (Persero) PT Kimia Farma Tbk
PT Kimia Farma Trading &
PT Indonesia Coal Resources PT Peruri Digital Security
Distribution
PT Indonesia Comnets Plus PT Peruri Properti PT Kliring Berjangka Indonesia
PT Indonesia Kendaraan Terminal Tbk PT Perusahaan Gas Negara Tbk PT Kodja Terramarin
PT Indonesia Power PT Perusahaan Listrik Negara (Persero) PT PP Urban
PT Indopelita Aircraft Services PT Perusahaan Pengelola Aset (Persero) PT Pratama Mitra Sejati
PT Indra Karya (Persero) PT Perusahaan Perdagangan Indonesia PT Prima Armada Raya
PT Industri Kapal Indonesia (Persero) PT Pesonna Indonesia Jaya PT Prima Husada Cipta Medan
PT Industri Karet Nusantara PT Pesonna Optima Jasa PT Prima Indonesia Logistik
PT Prima Layanan Nasional
PT Industri Kemasan Semen Gresik PT Peteka Karya Tirta
Enjiniring
PT Industri Kereta Api (Persero) PT Petrosida Gresik PT Prima Medica Nusantara
PT Infomedia Nusantara PT PG Rajawali II PT Prima Multi Terminal
PT Produksi Film Negara
PT Infomedia Solusi Humanika PT PGAS Telekomunikasi Nusantara
(Persero)
PT Inhutani I PT Phapros Tbk PT Pupuk Indonesia (Persero)
PT Inhutani IV PT PIM Prima Medika PT Pupuk Indonesia Niaga
PT Inka Multi Solusi PT Pindad (Persero) PT Pupuk Iskandar Muda
PT Inka Multi Solusi Service PT Pindad Enjiniring Indonesia PT Pupuk Kalimantan Timur
PT Inka Multi Solusi Trading PT Pindad International Logistic PT Pupuk Kujang Cikampek
PT Inti Konten Indonesia PT Pindad Medika Utama PT Pupuk Sriwidjaja
PT IPC Terminal Petikemas PT PLN Energi Primer Indonesia PT Rajawali Citramass
PT Jakarta Industrial Estate PT Rajawali Nusantara
PT PLN Nusantara Power
Pulogadung Indonesia (Persero)
PT Jalin Pembayaran Nusantara PT PLN Nusantara Renewables PT Rajawali Nusindo
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
INFORMATION ON MATERIAL TRANSACTIONS INVOLVING
CONFLICTS OF INTEREST AND/OR AFFILIATED PARTY
TRANSACTIONS
Government Entities and Institutions
PT Rajawali Tanjungsari
PT Jalintim Adhi Abipraya PT PNM Investment Management
Enjiniring
PT Reasuransi Indonesia Utama
PT Jaminan Kredit Indonesia PT PNM Ventura Syariah
(Persero)
PT Jaminan Pembiayaan Askrindo PT Reasuransi Nasional
PT PNM Venture Capital
Syariah Indonesia
PT Jasa Armada Indonesia Tbk PT Pos Indonesia (Persero) PT Reasuransi Syariah Indonesia
PT Jasa Marga (Persero) Tbk PT Pos Logistik Indonesia PT Rekayasa Engineering
PT Jasa Prima Logistik Bulog PT Pos Properti Indonesia PT Reska Multi Usaha
PT Jasa Raharja PT PP (Persero) Tbk PT Riset Perkebunan Nusantara
PT Jasa Tirta Energi PT PP Infrastruktur PT Rolas Nusantara Medika
PT Jasa Tirta Luhur PT PP Presisi Tbk PT Rumah Sakit Pelabuhan
PT Jasamarga Balikpapan Samarinda PT PP Properti Tbk PT Rumah Sakit Pelni
PT Jasamarga Gempol Pasuruan PT PP Semarang Demak PT Sahung Brantas Energi
PT Jasamarga Jalanlayang Cikampek PT PP Sinergi Banjaratma PT Saka Energi Indonesia
PT Jasamarga Jogja Solo PT PP Tirta Riau PT Sang Hyang Seri
PT Jasamarga Kualanamu Tol PT Jasamarga Kunciran Cengkareng
Transaction Realization of Related Parties
The balances of transactions with related parties as of December 31, 2025 and December 31, 2024 are
presented in the relevant table in this section. During the respective periods, salaries and allowances,
bonuses, tantiem, and long-term employee benefits for the Board of Commissioners and the Directors
amounted to Rp64.21 billion and Rp174.88 billion, representing 0.47% and 1.48% of total operating
expenses, respectively. The balance of transactions with related parties as of December 31, 2025 and
December 31, 2024 is described in the following table:
(In Rp million)
Description 2024 2025
Assets
Total assets of related parties 67.538.852 67,919,007
Total assets 408.613.432 456,192,606
Percentage of total assets of related parties to total assets 16.53% 14.89%
Liabilities
Total liabilities of related parties 4.131.869 3,642,128
Total liabilities 105.647.971 107,574,242
Percentage of total liabilities of related parties to total liabilities 3.91% 3.39%
Syirkah Fund Temporer
Total syirkah fund temporer of related parties 58.737.626 68,346,785
Total syirkah fund temporer 257.923.889 296,665,490
Percentage of total syirkah fund temporer of related parties to total
22.77% 23.04%
syirkah fund temporer
Reference to Financial Statement Disclosures
Detailed information on the names of related parties and the realized values of related party transactions
is disclosed in Note 44 to the Financial Statements, which forms an integral part of this Annual Report.
These related party transactions constitute business activities undertaken to generate operating income
and are carried out on a routine, recurring, and/or ongoing basis in line with the Bank’s operational
activities.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
INFORMATION ON MATERIAL TRANSACTIONS INVOLVING
CONFLICTS OF INTEREST AND/OR AFFILIATED PARTY
TRANSACTIONS
Fairness and Rationale of Transactions As an organ under the Board of Commissioners,
All related party transactions were conducted on the Audit Committee periodically reports the
an arm’s length basis, under normal commercial results of its duties to the Board of Commissioners,
terms, and in compliance with prevailing laws and which exercises supervisory functions over the
regulations. Such transactions were undertaken Bank’s business activities. The coordinated
solely to support BSI’s operational and business role of the Audit Committee and the Board of
requirements and were free from any conflicts of Commissioners is essential in ensuring that all
interest. transactions undertaken by the Bank comply
with applicable regulations and are conducted in
Compliance with Laws and Regulations accordance with sound business practices and the
Throughout 2025 and 2024, BSI recorded no arm’s length principle.
violations of laws and regulations related to
related party transactions or transactions involving Policy on Financing to Members of the Board of
conflicts of interest. BSI engages in transactions Commissioners and the Directors
with related parties as defined under PSAK 224 The policy governing the provision of financing
on Related Party Disclosures and Regulation No. to members of the Directors and/or the Board of
VIII.G.7 on Presentation and Disclosure of Financial Commissioners, whether as related or unrelated
Statements of Issuers or Public Companies. parties, as well as to state-owned enterprises,
All related party transactions were conducted regionally owned enterprises, local governments,
in accordance with mutually agreed policies and foreign currency financing, is stipulated in the
and terms. In 2025, there were no related party 2024 BSI Financing Policy. Financing to members
transactions requiring approval from the General of the Directors and the Board of Commissioners
Meeting of Shareholders (GMS). is extended under the same terms and conditions
applicable to prospective BSI customers, based on
Directors Statement on Related Party prevailing market rates and fair value (arm’s length
Transactions basis), while consistently applying the prudential
In conducting transactions, particularly with principle.
related parties, BSI has established internal
procedures in accordance with regulatory
requirements. The B Directors is actively involved
in reviewing the planning, realization, and
evaluation of such transactions. Based on these
processes, the Directors is of the view that all
related party transactions have been executed
through adequate procedures, aligned with
generally accepted business practices, and in
compliance with prevailing laws and regulations,
while upholding the arm’s length principle.
Board of Commissioners and Audit Committee’s
Roles
The Audit Committee is tasked with monitoring
the follow-up of audit findings to assess the
adequacy of the internal control system, including
the reliability of the financial reporting process. In
addition, the Audit Committee reviews financial
information to be disclosed to the public or other
stakeholders and evaluates compliance with
prevailing laws and regulations. Accordingly,
related party transactions fall within the scope of
the Audit Committee’s review and oversight.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
CHANGES IN LAWS AND REGULATIONS
AND THEIR IMPACT
During 2025, several changes in laws and regulations relevant to banking operations came into effect. The
impact of these regulatory developments on BSI is outlined in this section, including their implications
for policies, operational processes, and the Bank’s ongoing compliance with applicable requirements.
Management continues to monitor regulatory developments to ensure timely adaptation and alignment
of internal policies with the prevailing regulatory framework. Information on changes to legislation in
2025 and their impact on BSI is explained as follows:
Impact on
Adjustment Information
No. Laws and Regulations Key Provisions the Financial
Implemented by BSI
Statements
1. Law No. 19 of 2003 1. Adjustment to the definition of SOEs; 1. BSI made amendments Change in the
concerning State- 2. Establishment of the Daya Anagata to its Articles of consolidation of
Owned Enterprises, Nusantara Investment Management Association to BSI’s financial
as amended several Agency (“BPI Danantara”); accommodate the statements from
times, most recently 3. Transformation of the Ministry of SOEs into provisions of the SOE previously being
by Law No. 16 of the SOE Management Agency; Law. consolidated
2025 concerning the 4. Separation of the regulatory and operator 2. BSI changed its status into BMRI to PT
Fourth Amendment functions of SOEs; so that it is no longer Danantara Asset
to Law No. 19 of 2003 5. Regulation related to the Business consolidated into Management.
concerning State- Judgement Rule; BMRI and is instead
Owned Enterprises 6. Confirmation of SOE asset management consolidated into
in accordance with Good Corporate PT Danantara Asset
Governance (GCG) principles; Management.
7. Regulation on the Company Work Plan;
8. Additional authority of the SOE
Management Agency;
9. Regulation on the prohibition of concurrent
positions.
2. SEOJK No. 14/ This SEOJK regulates several matters as follows: 1. Adjustment to the Bank --
SEOJK.03/2025 1. 16 (sixteen) pillars/factors for assessing Governance Report.
concerning the governance implementation, covering the 2. Adjustment to the
Implementation implementation of duties, responsibilities, Rules of Procedure of
of Good Corporate and authorities of the Board of Directors the Board of Directors,
Governance for and Board of Commissioners, the Board of Commissioners,
Commercial Banks completeness and implementation of and Sharia Supervisory
committee duties, handling of conflicts of Board.
interest, implementation of the compliance
function, internal audit function, and
external audit function, implementation
of risk management including the
internal control system, provision of funds
to related parties and large exposures,
integrity of reporting and information
technology systems, the Bank’s strategic
plan, shareholder aspects, implementation
of anti-fraud strategy including anti-
bribery, implementation of sustainable
finance including social and environmental
responsibility, and governance
implementation within KUB;
2. Scope and procedures for submitting the
governance implementation report;
3. Working papers or self-assessment matrix
for governance implementation;
4. Provisions regarding transactions with
Related Parties;
5. Provisions regarding the governance
of the Board of Directors, Board of
Commissioners, Sharia Supervisory Board,
and Executive Officers.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CHANGES IN LAWS AND REGULATIONS AND THEIR IMPACT
Impact on
Adjustment Information
No. Laws and Regulations Key Provisions the Financial
Implemented by BSI
Statements
3. POJK No. 18 of 1. Banks prepare, announce, and/or submit Adjustment to the Financial Adjustment to
2025 concerning publication reports consisting of Financial Publication Report. the Financial
Transparency and Publication Reports and Financial Publication Report.
Publication of Bank Performance Information (monthly,
Reports quarterly, semi-annual, and annual),
Risk Exposure and Capital Publication
Reports (quarterly and annual), Publication
Reports on Material Information or
Facts (incidental), and other reports in
accordance with prevailing laws and
regulations.
2. Adjustments include, among others:
a. Compilation of report publication
provisions for banks as commercial
banks, issuers and/or public companies,
PUJK, and PIKK.
b. Clarification of the scope of semi-
annual publication reports, which are
existing reports submitted only based
on June and December data positions.
c. Regulation on the statement of
responsibility of the Board of Directors
and Board of Commissioners for
the Financial Publication Report
and Annual Financial Performance
Information (annual report), as well
as adjustments to the information
presented in such reports.
d. Adjustment to the deadline for the
announcement of Business Group
Reports (one month after the reporting
deadline in the jurisdiction of the
parent entity abroad) as well as the
announcement of Publication Reports
on Material Information or Facts
in accordance with capital market
regulations for banks that are issuers
and/or public companies.
e. Regulation that Executive Officers
preparing financial reports must
maintain integrity aspects in addition
to competency aspects, as well as
the requirement for at least 1 (one)
member of the financial report
preparation team or the executive
officer himself/herself to hold a
Chartered Accountant (CA) certification
at a certain level.
f. Publication in PDF format and in a
format that can be directly processed
by the public for the Risk Exposure
and Capital Publication Report in the
context of adopting Basel standards.
4. POJK No. 24 of 2025 1. Classification of account management, Adjustment of systems and --
concerning Account consisting of: policies and procedures
Management in a. Active accounts, namely accounts with related to account
Commercial Banks deposit, withdrawal, or balance inquiry management.
activity.
b. Inactive accounts, namely accounts
with no deposit, withdrawal, or balance
inquiry activity for more than 360 days.
c. Dormant accounts, namely accounts
with no deposit, withdrawal, or balance
inquiry activity for more than 180 days.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
CHANGES IN LAWS AND REGULATIONS AND THEIR IMPACT
Impact on
Adjustment Information
No. Laws and Regulations Key Provisions the Financial
Implemented by BSI
Statements
2. Policies and Procedures for Current
Accounts and Savings Accounts
Administration:
a. Obligation for Banks to have policies
and procedures for the administration
of Current Accounts and Savings
Accounts.
b. Obligation for Banks to implement
risk management in the management
of Current Accounts and Savings
Accounts.
c. Obligation for Banks to apply
consumer protection principles in the
management of Current Accounts and
Savings Accounts.
d. Obligation for Banks to protect the
personal data of customers holding
Current Accounts and Savings
Accounts.
e. Obligation for Banks to maintain
the confidentiality of information
regarding customers holding Current
Accounts and Savings Accounts.
3. Customer obligations of Current Accounts
and Savings Accounts holders.
4. Management of Current Accounts and
Savings Accounts with Inactive Account
Classification: Obligation for Banks
to provide information to customers
regarding the status of Current Accounts
and Savings Accounts when such accounts
are classified as inactive through channels
available at the Bank.
5. Management of Current Accounts and
Savings Accounts with Dormant Account
Classification:
a. Obligation for Banks to provide
information to customers regarding
the status of Current Accounts and
Savings Accounts when such accounts
are classified as dormant through
channels available at the Bank.
b. Banks may reactivate dormant
accounts after the customer submits a
reactivation request through channels
available at the Bank. Before carrying
out such reactivation, the Bank must
perform customer due diligence
procedures in accordance with
prevailing laws and regulations.
6. Monitoring of Inactive and Dormant
Accounts:
a. Banks are required to conduct stricter
monitoring of inactive and dormant
accounts in implementing anti-
money laundering, counter-terrorism
financing, and counter-proliferation
financing programs for weapons of
mass destruction.
b. Banks are required to conduct stricter
monitoring of inactive and dormant
accounts in implementing anti-fraud
strategies.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CHANGES IN LAWS AND REGULATIONS AND THEIR IMPACT
Impact on
Adjustment Information
No. Laws and Regulations Key Provisions the Financial
Implemented by BSI
Statements
5. Financial Services 1. Obligation to fulfil the Liquidity Coverage Fulfilment of LCR and --
Authority Regulation Ratio (LCR) and Net Stable Funding Ratio NSFR with the following
No. 20 of 2025 (NSFR) for Islamic Commercial Banks and compliance percentages:
concerning the Sharia Business Units (POJK LCR NSFR BUS a. LCR:
Obligation to Fulfil UUS). 1) at least 80% (eighty
the Liquidity Coverage 2. Maintenance of adequate liquidity and percent) as of 30
Ratio and Net Stable stable funding, consisting of: June 2026;
Funding Ratio for a. Banks are required to maintain 2) at least 90% (ninety
Islamic Commercial adequate liquidity. percent) as of 30
Banks and Sharia b. Banks are required to maintain June 2027; and
Business Units adequate stable funding. 3) at least 100% (one
c. Administrative sanctions. hundred percent) as
3. Liquidity Coverage Ratio (LCR), consisting of 30 June 2028.
of: b. NSFR:
a. High Quality Liquid Assets. 1) at least 80% (eighty
b. Cash Outflows and Cash Inflows. percent) as of 31
c. Liquidity monitoring. December 2026;
d. Calculation, reporting, and publication 2) at least 90% (ninety
of LCR. percent) as of 31
e. Stages of LCR compliance. December 2027; and
4. Net Stable Funding Ratio (NSFR): 3) at least 100% (one
a. Available Stable Funding and Required hundred percent)
Stable Funding. as of 31 December
b. Monitoring, reporting, and publication 2028.
of the Net Stable Funding Ratio (NSFR).
c. Stages of NSFR compliance and action
plan.
6. Bank Indonesia Regulations concerning: 1. Preparation of a --
Regulation No. 10 a. activities, products, pricing schemes, and self-assessment on
of 2025 concerning technological innovation in the Payment TIKMI (transactions,
the Regulation of System; interconnection,
the Payment System b. payment system industry structure; competence, risk
Industry (PBI PISP) c. payment system infrastructure and management, and
payment system data infrastructure; information technology
d. governance and risk management; infrastructure).
e. market practice; 2. Preparation of the
f. conduct of Payment System industry Payment System
players and consumer protection by Bank Business Plan and
Indonesia; Strategic Business Plan
g. Payment System data and/or information; to accommodate BSI’s
h. supervision; business activity plans
i. termination; and and development plans
j. coordination and cooperation in the in the payment system
Payment System. sector.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
CHANGES IN ACCOUNTING POLICIES
RATIONALE FOR CHANGES IN ACCOUNTING POLICIES
Changes in accounting policies were implemented to ensure compliance with applicable and relevant
Financial Accounting Standards (PSAK) in accordance with BSI’s operational activities. These adjustments
aim to enhance the quality of financial statement presentation and to maintain the consistency and
reliability of financial information provided to stakeholders.
INFORMATION ON CHANGES IN ACCOUNTING POLICIES
New financial accounting standards, amendments, and interpretations that became effective as of
January 1, 2025, are presented in this section. The implementation of these standards has been carried
out in accordance with the applicable provisions, with due consideration given to their impact on BSI’s
financial statements. The following are new financial accounting standards, changes and interpretations
of financial accounting standards that are effective from January 1, 2025:
Changes to Financial Accounting Impact of Changes in Accounting Standards on Financial
No.
Standards Statements
Amendment to PSAK 221: "The Effects The implementation of these standards does not result in substantial
of Changes in Foreign Exchange Rates" changes to the Bank's accounting policies and does not have a
1.
regarding lack of interchangeability. material impact on the Bank's financial statements in the current or
previous years.
BANK SOUNDNESS LEVEL
The Bank’s soundness level is assessed in accordance with Financial Services Authority (OJK) Regulation
No. 08/POJK.03/2014 dated June 11, 2014, concerning the Soundness Assessment of Islamic Commercial
Banks and Islamic Business Units, using a risk-based approach (Risk-Based Bank Rating/RBBR). This
assessment encompasses four key factors: Risk Profile, Good Corporate Governance (GCG), Earnings, and
Capital.
Based on the RBBR assessment, BSI’s soundness level is rated at Composite Rating 2 (CR-2). This rating
indicates that the Bank is generally in a sound condition and is considered capable of withstanding
significant adverse impacts arising from changes in business conditions and other external factors, while
maintaining prudent risk management practices and effective corporate governance.
Assessment Factors December 31, 2024 September 30, 2025
Risk Profile 2 2
Good Corporate Governance (GCG) 2 2
Earnings 1 1
Capitalization 1 1
Risk-Based Bank Soundness Rating 2 2
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
GOING CONCERN INFORMATION
FACTORS POTENTIALLY HAVING In addition, BSI conducts a bank soundness
A SIGNIFICANT IMPACT ON GOING assessment using a risk-based approach to
CONCERN evaluate the Bank’s capacity to withstand
significant adverse impacts arising from changes
Management has conducted an evaluation of in economic conditions and developments within
BSI’s ability to maintain its going concern in the the banking industry.
foreseeable future. Based on the results of this
evaluation, Management concludes that there are Based on the results of the SWOT analysis and
no significant factors that could materially affect the bank soundness assessment, Management
BSI’s going concern. The assessment encompasses concludes that there are no conditions that
a comprehensive review of operational, financial, could materially affect BSI’s going concern.
and market-related aspects, indicating that Supported by solid internal strengths, favorable
the Bank maintains strong fundamentals and external opportunities, and effective risk and
adaptive strategies to respond to changes in threat management, BSI remains well positioned
economic conditions and the banking industry. to sustain its business operations and pursue
sustainable growth.
ASSUMPTIONS USED BY
MANAGEMENT’S ASSESSMENT OF MANAGEMENT IN THE ASSESSMENT
FACTORS POTENTIALLY AFFECTING
GOING CONCERN In performing the going concern assessment,
Management applies several key assumptions
Management continuously performs evaluations and considerations. In addition to the assumptions
and assessments of factors that may have a underlying the SWOT analysis, Management
significant impact on the Bank’s going concern. also relies on the assumptions used in the
This assessment is conducted through a SWOT bank soundness assessment. This assessment
analysis, which identifies internal factors in the is based on four principal factors: risk profile,
form of Strengths and Weaknesses, as well as implementation of Good Corporate Governance
external factors comprising Opportunities and (GCG), earnings, and capital, which collectively
Threats. The results of this analysis serve as a reflect the Bank’s ability to maintain business
fundamental basis for assessing the sustainability continuity.
of the Bank’s business.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
DISCLOSURE OF THE TAX GOVERNANCE,
MANAGEMENT, AND CONTROL
FRAMEWORK
As a corporate taxpayer operating in the banking Tax Standard Operating Procedures (SOPs)
industry, BSI consistently manages and controls BSI has established Tax Standard Operating
its tax matters in compliance with prevailing tax Procedures that are periodically reviewed to
laws and regulations. The Bank’s tax management ensure alignment with developments in applicable
covers the fulfillment of corporate income tax tax regulations. These SOPs serve as guidance
obligations as well as tax obligations arising from for all business units in fulfilling the Bank’s tax
its role as a withholding or collecting agent. obligations. In addition, BSI regularly conducts
tax socialization programs and training sessions
Tax management at BSI is carried out by the to enhance employee awareness and compliance
Corporate Finance & Accounting Group under the with tax regulations.
authority and oversight of the Finance & Strategy
Director. In implementing its tax obligations, BSI Centralized Tax Administration
is supported by an adequate tax governance BSI implements centralized administration for
framework, including policies and procedures that tax payments and reporting for all branches
govern the entire tax management cycle, from across Indonesia at the Head Office level. This
identifying taxable transactions to tax payment process is supported by cooperation with
and reporting administration, as well as tax risk tax application service providers recognized
management. by the tax authority. Centralization aims to
improve efficiency, consistency, and accuracy
This tax governance framework is implemented in tax reporting, while also mitigating the risk
through structured and comprehensive processes, of administrative penalties resulting from late
including the following: tax payments and/or filings. As BSI operates
exclusively within Indonesia, all tax reporting is
conducted solely for the Indonesian jurisdiction.
Contribution to the Country
Jenis Pajak 2024 2025
Income Tax Article 4 paragraph 2 1,102,518 1,303,804
Income Tax Article 21 739,230 546,107
Income Tax Article 22 34,990 33,226
Income Tax Article 23 56,796 60,452
Income Tax Article 25 1,990,404 2,116,316
Income Tax Article 26 27,672 20,160
Income Tax Article 29 445,253 575
VAT WAPU 575,077 504,971
Domestic VAT 475,928 32,783
Foreign VAT 17,398 13,287
Stamp Duty 3,687 6,955
Total 5,468,953 4,638,636
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
LEGAL LENDING LIMIT (LLL)
The provision of funds to related parties is governed Financing to related parties is conducted through
by Financial Services Authority (OJK) Regulation procedures equivalent to those applied to other
No. 26/POJK.03/2021 on the Legal Lending Limit customers, with due regard to arm’s length
(LLL) and Large Exposures for Islamic Commercial principles and prudential standards. As part of
Banks. Under this regulation, a large exposure is risk management, large exposures to a single
defined as the provision of funds to an individual borrower or a group of borrowers reaching 10%
or a group of non-related parties amounting to or more of the Bank’s core capital are subject to
10% or more of the Bank’s core capital. heightened scrutiny. Approval of such financing
is closely overseen by the Financing Committee,
In aggregate, large exposures to related parties comprising authorized and competent members,
are limited to a maximum of 10% of the Bank’s including the President Director. In the event
core capital. Meanwhile, exposures to non-related that the President Director is unavailable, the
parties are capped at a maximum of 25% of the Vice President Director may assume this role in
Bank’s core capital (Tier 1). The LLL regulation for accordance with prevailing provisions.
Islamic Commercial Banks has been effective
since January 1, 2022. Throughout 2025, BSI recorded no violations of
the Legal Lending Limit requirements, nor any
BSI has established the 2025 BSI Financing Policy, breaches of the maximum exposure thresholds.
which governs the provision of financing to related
and non-related parties, including State-Owned
Enterprises (SOEs), Regional-Owned Enterprises
(ROEs), regional governments, as well as foreign
currency financing. This policy is implemented
consistently in compliance with applicable
banking regulations.
Provision of Funds to Related Parties and Major Debtors
2025
No. Fund Providers
Number of Borrowers Nominal (Rp million)
1. To Related Parties 319 1,918,453
2. To 25 Core Debtors:
Individual 3 11,540,956
Group 17 49,282,895
Total Core Debtors 20 60,823,851
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
SPOT AND FORWARD TRANSACTIONS
Information on BSI’s spot and forward transactions is presented to provide an overview of the Bank’s
foreign exchange activities undertaken to manage exchange rate risk and to support operational and
business requirements. These transactions include both hedging and non-hedging activities, as well as
the resulting receivables and liabilities, as detailed in the following table:
2024 2025
Receivables and Receivables and
Purpose Purpose
No. Transaction Liabilities Liabilities
Nominal Nominal
Non- Non-
Hedging Receivables Liabilities Hedging Receivables Liabilities
Hedging Hedging
Related to
A 954,260 96,570 857,690 - - 3,969,075 33,350 3,935,725 216
exchange rates
1. Spot 96,570 96,570 - - - 33,350 33,350 - 216 -
2. Forward 857,690 - 857,690 - - 3,935,725 - 3,935,725 - -
3. Others - - - - - - - - - -
B Others - - - - - - - - - -
Total 954,260 96.570 857.690 - - 3,969,075 33,350 3,935,725 216 -
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HUMAN CAPITAL
KINERJA KEUANGAN
PEOPLE AT THE CORE OF SUSTAINABLE
TRANSFORMATION
“Human Capital is the core foundation of
the Bank’s transformation and sustainable
performance. Through integrated management
across the employee life cycle, strengthened
capabilities, leadership, culture, and reward
systems, the Bank is committed to fostering
a productive, adaptive, and value-driven work
environment that supports long-term value
creation.
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HUMAN CAPITAL STRATEGY AND POLICY
As a foundation for long-term sustainability, BSI’s In support of its aspiration to become a Top 5 Global
Human Capital strategy is designed to ensure Sharia Bank, in 2025 the Bank introduced the
organisational and talent readiness in supporting Human Capital House of Strategy as an integrated
the Bank’s transformation. human capital management framework. This
framework aligns policy direction, organisational
BSI’s transformation into a globally competitive development, and talent management to
Sharia banking institution is driven not only by ensure that all Human Capital initiatives remain
business growth and technological advancement, consistent with the Bank’s corporate vision,
but also by its people as the key agents of change. business strategy, and employee life cycle.
Accordingly, Human Capital is positioned as a
strategic element in sustaining performance and
strengthening organisational resilience amid an
evolving industry landscape.
Banwide Vision Top 5 Global Islamic Bank
HC Big Aspiration New Generation Transformational Leader of Islamic Banking in the world
Optimizing Capacity &
HC Strategy Productivity Enhancement Leader Creation
Engagement
Alignto a Life-cycle Appraise, Advance, Award Optimizing Capacity & Attract, Align, Actualize,
Engagement Appraise
1. Strengthen Performance Management 1. Boosing productiities of Network 1. Leverage ”The Bench Stength Ratio”
2. Improvement Business Process Office 2. Shape Agile Leader with global exposure
3. Elevate sales productivity by 2. Boosing productivitiesof of Head 3. Build ODP Warrior for future leader
salesincentive and tools Office 4. Align Talent Management
4. Optimize competitiveness of employee 3. Policy Review & New Policy
reward Production
5. Increase sales productivity 4. Revamp organization structure and
6. Increase benefitof ODP Warriorfor optimize workforce capacity
Game Plan/ Future Leader 5. Sustaining Activated Culture
Initiatives 7. Enhance EmployeeExprience 6. New Way of Working
8. Improve business process in rewaing
9. Formulate scheme of variable pay
mechanism
10. Game changer Learnng Programs
11. Compulsory Learning Programs
12. CPI & BMI
OrganizationDevelopment
Foundation
HC Policies, Operating Model, and Leadership
Integrated HC System Consolidated Information System Leveraging Data Anlytic AI
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HUMAN CAPITAL STRATEGY AND POLICY
The Human Capital House of Strategy is built All pillars are supported by the organisation
on three interconnected strategic pillars: development function, which ensures alignment
Productivity Enhancement, Optimizing Capacity across organisational structure, processes, and
& Engagement, and Leader Creation. These pillars culture with the Bank’s strategic direction. This
represent a continuous transformation process framework is underpinned by well-targeted
aimed at strengthening productivity, building an Human Capital policies, an effective operating
adaptive organisation, and ensuring leadership model, and leadership grounded in Sharia values
sustainability as the Bank navigates future and Good Corporate Governance principles. Its
business complexity. implementation is enabled by integrated systems,
the use of data analytics, and the application
of artificial intelligence (AI) to enhance the
effectiveness of human capital management.
Pilar 1: Productivity Enhancement – Strengthening the Performance Foundation
Through the Productivity Enhancement pillar, the Bank strengthened its performance
management system by reinforcing a clear link between targets, contributions, and rewards.
As recognition for performance and employee well-being, the Bank implemented annual
increments and bonus policies, provided umrah appreciation for top-performing employees, and
delivered integrated well-being programs.
The well-being initiatives covered physical, mental, social, and financial aspects. Physical health
was supported through Health Talks, Virtual Sport Competitions, and Activity Challenges. Mental
well-being was addressed through psychological consultation services and Islamic healing
initiatives. Financial literacy was enhanced through Financial Talks, while employee clubs were
facilitated to support engagement, interests, and a sense of belonging.
To foster a productive and inclusive workplace, the Bank conducted an Employee Engagement
Survey (EES) in 2025. The survey measured employee engagement and satisfaction and served
as a basis for strengthening work culture, enhancing employee well-being, and supporting
sustainable performance management.
Pillar 2: Optimizing Capacity & Engagement – Building an Adaptive and Relevant
Organisation
Sustainable productivity requires the right organisational capacity and structure. Through the
Optimizing Capacity & Engagement pillar, the Bank continuously refined its organisational setup
to remain aligned with evolving business needs.
These efforts were guided by the Corporate Plan of PT Bank Syariah Indonesia Tbk 2022–2032,
which targets BSI’s positioning as a Top 5 Global Sharia Bank. Organisational reviews focused
on aligning structure and business processes to support key performance metrics, including
customer growth, profitability, and asset expansion.
Key initiatives included structure simplification and strengthening business processes, enhancing
information technology functions, expanding digital business and operations, leveraging
automation and data-driven technologies, strengthening workforce capabilities, and advancing
Sharia product innovation and business diversification, including bullion business management.
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HUMAN CAPITAL STRATEGY AND POLICY
Pillar 3: Leader Creation – Developing Future-Ready Leadership
The sustainability of the Bank’s transformation is closely linked to the availability of capable
and principled leaders. Through the Leader Creation pillar, the Bank consistently developed
leadership capabilities across early career, managerial, and strategic levels in 2025 through a
structured leadership pipeline.
This approach focused on building leadership from within, managing talent based on potential
and performance, and ensuring succession readiness for key positions. Leadership development
was implemented through initiatives such as the Staff Development Program (SDP), Officer
Development Program (ODP), cross-institutional talent assignments to broaden experience, and
Master’s scholarship programs for selected talents at the world’s top 50 universities.
A Continuous Process
The Human Capital House of Strategy represents AI, the Bank remains committed to strengthening
a continuous process to build a resilient and human capital quality as a core foundation for
competitive organisation. Supported by long-term value creation for stakeholders.
organisation development, Sharia-based policies,
GCG principles, and the use of data analytics and
HUMAN CAPITAL MANAGEMENT
IMPLEMENTATION
As part of its efforts to build a sustainable RECRUITING THE BEST TALENTS
organisation, the Bank manages its human capital
through an integrated and continuous human To realize PT Bank Syariah Indonesia Tbk’s
capital management approach. This approach aspiration of becoming “The Employer of Choice
is based on the employee life cycle, covering the and a Source of Pride for Indonesia’s Best Talents,”
entire employee journey from recruitment and the Company manages Employee Branding
competency development to performance and to communicate BSI’s work culture in order to
career management, and through to retirement. attract the interest of the best candidates and
talents, through the BSI Scholarship program,
By adopting this approach, each phase of human Global Talent Management, Campus Roadshows,
capital management is designed in an integrated the recruitment process for Officer Development
manner to support organisational needs, enhance Program (ODP) talents through the BSI ROCK (BSI
employee contribution, and sustain the Bank’s Recruitment on Campus for Knowledge) program,
performance, in alignment with Sharia principles and other programs implemented by BSI.
and sound corporate governance.
The recruitment of the best talents is conducted
through both internal and external sources,
encompassing needs identification, qualification
definition, candidate sourcing, selection, and
placement. Priority is given to internal talent
development through rotation, mutation,
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HUMAN CAPITAL STRATEGY AND POLICY
promotion, and the Internal Job Posting (IJP) 3. Officer Development Program (ODP)
mechanism. A recruitment pathway for fresh graduates
who are developed to assume Officer-level
Internal Job Posting (IJP) is a strategic policy that roles and prepared as future leaders of the
supports internal mobility and career development Bank.
through an open, transparent, and competitive
system. It provides employees with opportunities In 2025, ODP talent recruitment was carried
to apply for available positions based on their out through the BSI ROCK (BSI Recruitment
competencies. Beyond fulfilling role requirements, on Campus for Knowledge) program, which
IJP serves as a talent development strategy to integrates one-stop recruitment, employer
enhance capabilities, broaden cross-functional branding, knowledge sharing, and business
experience, strengthen talent sustainability, and engagement. A key component of the program
support employee retention. included knowledge-sharing sessions on career
opportunities at BSI, industry-required skills, and
External recruitment of the best talents is strategic insights, featuring speakers from BSI’s
conducted through the following pathways: Board of Directors. The ODP selection process in Q3
2025 was conducted through on-site recruitment
1. Regular Recruitment activities across eight major cities: Banda Aceh,
A recruitment pathway for fresh graduates Medan, Palembang, Makassar, Surabaya, Jakarta,
to fill Staff-level positions at the Head Office, Bandung, and Yogyakarta.
Regional Offices, and units under Regional
Office coordination. In 2025, BSI conducted external recruitment
to meet talent requirements aligned with the
2. Professional Hire Bank’s strategic direction and business priorities.
A recruitment pathway for experienced The recruitment focused on strengthening
professionals with relevant expertise and organisational capabilities, fulfilling strategic talent
qualifications to fill Officer, Manager, Middle needs, and preparing future leaders to support the
Manager, and Senior Manager positions. sustainability of the Bank’s transformation.
Details of BSI’s external recruitment activities throughout 2025 are presented as follows:
Programs Recruitment Channels Total Employee
Reguler
Non Development Program 153
Professional Hire (Pro-Hire)
Officer Development Program (ODP) General,
Development Program 62
Wholesale, IT.
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HUMAN CAPITAL MANAGEMENT IMPLEMENTATION
DEVELOPING COMPETENCE AND LEADERSHIPS
POLICY
Competency development is a key pillar of the Bank’s Human Capital management to ensure employee
readiness in navigating industry dynamics and supporting the achievement of business strategy.
The Bank’s competency development policy and implementation are designed in a structured and
sustainable manner to build relevant and adaptive capabilities, aligned with Sharia values and the Bank’s
transformation agenda.
COMPETENCY MODEL ARCHITECTURE
Leadership
Competency
Soft Function Hard Function
Competency Competency
Core Behavior
The Competency Model Architecture represents Functional Competency, which together form
the structure and framework that outlines the employees’ functional capabilities in line with role
composition and interlinkages of competencies requirements, responsibilities, and organisational
required for employees. This architecture is needs.
designed comprehensively to form a cohesive
and mutually reinforcing system that supports Leadership Competency functions as the
performance and continuous employee overarching element that integrates and directs
development. all underlying foundations and pillars. It ensures
that Core Behaviour, Soft Functional Competency,
Core Behaviour serves as the primary foundation, and Hard Functional Competency are consistently
reflecting the core behaviours expected of all applied and aligned with the Bank’s strategy,
employees. This foundation emphasises the Sharia values, and long-term objectives.
internalisation of the BSI People Code, which
consists of Beyond the Limit, Dynamic Action,
Growth Mindset, and Purposeful Work, as the IMPLEMENTATION OF COMPETENCY
behavioural values guiding day-to-day conduct. DEVELOPMENT
Built upon this foundation are the functional To ensure employee capability development
competency pillars that support the overall remains aligned with the Bank’s strategic direction,
competency structure. These pillars comprise BSI has established a Capability Framework as
Soft Functional Competency and Hard the foundation of its human capital competency
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development. The framework is designed to accelerate employee capabilities through structured,
continuous, and tiered learning programmes aligned with job levels and organisational needs, while
fostering a culture of continuous learning.
As part of its commitment to strengthening employee capabilities, the Bank continuously delivers a range
of competency development programs designed to meet the requirements of each role. Throughout
2025, more than 190,000 participants took part in competency development programmes, with the
following breakdown of training activities:
Competence Development 2025
Total
No Subject Objectives
Participants
The ability to understand, execute, and analyse financial transactions,
develop accounting and taxation policies, and prepare financial
1 Accounting & Tax 547
statements in accordance with applicable accounting standards
and regulatory requirements.
The ability to identify, detect, investigate, and evaluate anti-fraud
Anti Fraud
2 19 frameworks, including the effectiveness of measures to prevent and
Management
address fraud.
The ability to apply appropriate technical expertise and technology
Applying expertise in various situations to achieve desired outcomes, including the
3 13.830
and technology ability to continuously update knowledge in line with evolving
technologies.
The ability to identify and analyse financial transactions related to
money laundering, terrorism financing, and the financing of the
4 APUPPT & PPPSPM 16.401
proliferation of weapons of mass destruction, in accordance with
applicable laws and regulations.
The ability to understand and process data and to leverage
Artificial
5 15.036 technologies and applications with artificial intelligence capabilities
Intelligence Literacy
as work tools to communicate and collaborate effectively.
The ability to manage the Bank’s balance sheet by optimising the
Asset & Liability balance between assets and liabilities, taking into account risk
6 162
Management factors and regulatory requirements, to support financial stability
and bank profitability.
The ability to manage operational activities related to cash and non-
cash financial transactions, validate requirements and fund transfers
7 Banking Operations 483 in accordance with applicable regulations, perform transaction
settlement, verify exchange rates, and conduct reconciliations,
including reporting of unsettled or unusual transactions.
A character that demonstrates the drive to go beyond intended
goals, the courage to face challenges in a measured manner, and
8 Beyond The Limit 114
the determination to achieve outcomes that may initially appear
unattainable.
9 BSI People Code 15.155 Employee DNA that supports the Company’s sustainable vision.
The ability to build trust with sincerity, encompassing character
Building Trust and
10 30 and ethical standards in line with prevailing norms, to establish
Credibility
credibility as a leader.
The ability to plan, implement, and maintain comprehensive
programme strategies, including organisational assessment,
11 Business Continuity 11.490 preparedness, and adaptation to disruptions, through the
integration of new technologies and risk management to ensure
effective and sustainable business continuity.
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HUMAN CAPITAL MANAGEMENT IMPLEMENTATION
Total
No Subject Objectives
Participants
The ability to identify, analyse, and evaluate external and internal
Business
business development factors that influence the corporate strategy,
12 Environment 60
including macroeconomic conditions, business trends, and national
Analysis
and global business opportunities.
The ability to use foreign languages effectively in a professional
Foreign Languange
context, demonstrating clarity, empathy, cultural awareness, and
13 for Business 2
the ability to build relationships through both verbal and written
Communication
communication.
The ability to design improvements and develop structured,
interrelated workflows and activities, including mapping core and
Business Process
14 15 supporting processes related to the Bank’s business, to enhance
Improvement
effectiveness, efficiency, and optimal outcomes in support of the
Bank’s strategy.
The ability to conduct collateral valuation and/or review KJPP
15 Collateral Valuation 444 Appraisal Reports (LPA) in line with the Bank’s internal and external
regulations.
The ability to build and manage constructive relationships with
Community various communities, including professional organisations,
16 60
Relations associations, social, and community groups related to the Bank, to
enhance reputation in line with the Bank’s vision and mission.
Complain Handling The ability to handle customer complaints, inquiries, and issues
17 15
Management arising in relation to customer services.
The ability and skills to plan, manage, and continuously enhance
Customer Service service quality beyond customer expectations (ultimate service), in
18 455
Management accordance with banking regulations and policies, to achieve strong
customer engagement.
Data Driven The ability to understand complex issues through a systematic and
19 14.426
Analyzing logical, data-driven approach to support sound decision-making.
The ability to understand, implement, and manage principles and
20 Data Protection 15.316 all regulations related to Personal Data Protection (PDP) within the
Bank’s context.
A leader’s ability to build, lead, and continuously develop high-
Developing performing teams, including motivating team members, optimising
21 134
Winning Team their potential, selecting the best talents, and retaining teams to
achieve organisational objectives.
The ability to understand and articulate the fundamental principles
of digital media usage and targeted visualisation in communicating
22 Digital Marketing 32
and promoting the Bank’s products and services, thereby building
and sustaining relationships with various stakeholders.
Active and responsive in leveraging opportunities to drive innovation
Digital
23 30 in digital transformation, with the ability to adapt to the demands of
Transformation
change throughout the digital transformation process.
The ability to understand and identify a wide range of digital
Digital-Based products and services, including an understanding of their features,
24 Product & Services 292 functions, and underlying technologies, to identify emerging
Knowledge technology trends and evaluate and provide strategic insights on
potential digital innovations.
The ability to effectively implement work plans and drive disciplined,
25 Drive Execution 30
measurable execution to achieve intended outcomes.
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Total
No Subject Objectives
Participants
A character that demonstrates the ability to think and act flexibly
(agile) and responsively in addressing change and challenges,
26 Dynamic Action 114 by adjusting thinking and actions based on evolving situations,
enabling individuals or teams to adapt quickly and effectively
toward defined objectives.
The ability to build effective relationships through clear, empathetic,
Interpersonal and responsive communication, including strong listening skills,
27 173
Communication understanding others’ perspectives, and delivering messages in an
appropriate and constructive manner.
Environmental, The ability to understand, implement, and manage Environmental,
28 Social, & 16.193 Social, and Governance (ESG) aspects in banking activities to
Governance support business sustainability and regulatory compliance.
The ability to consistently uphold professional trust with honesty,
fairness, and accountability in accordance with Sharia principles,
Islamic Ethical &
29 30 Islamic ethics, the code of conduct, and banking regulations, with a
Accountability
focus on delivering benefits to individuals, the organisation, and the
ummah, while ensuring effective risk mitigation.
The ability to prepare budgets, control and analyse financial
Financial
30 60 performance, identify costs, and provide financial management
Management
recommendations as a basis for management decision-making.
The ability to conduct comprehensive analysis of financing
needs, risks, feasibility, and financing strategies in accordance
with banking policies and regulations, including in-depth
31 Financing Analysis 516
understanding of financial and business aspects as well as external
factors influencing financing decisions, to deliver high-quality and
sustainable financing.
The ability to understand, implement, and integrate Islamic
legal principles related to banking transactions, including Sharia
Fiqh Muamalah
32 14.239 contracts and their modifications, halal and haram rules, and
Maaliyah
muamalah mechanisms, in accordance with applicable regulations
and fatwas.
The ability to provide constructive feedback to support teams
Giving Effective
33 114 in achieving their objectives and to promote organisational
Feedback
sustainability.
The ability to understand, analyse, and respond to global business
Global Business
34 30 dynamics to make strategic decisions and drive the organisation’s
Acumen
competitive advantage.
A character that believes abilities and intelligence can be developed
through effort, learning, and experience, recognising that
35 Growth Mindset 114
capabilities are not fixed but can be enhanced through hard work,
dedication, and perseverance.
Knowledge, skills, and expertise related to Sharia hedging portfolio
Hedging management in derivatives, taking into account Sharia banking risk
36 48
Management aspects, particularly liquidity risk, credit risk, operational risk, and
market risk.
The ability to identify and analyse strategic industry sectors,
including key players, business models, industry trends, and
37 Industry Expertise 113 market data, to formulate industry insight-based strategies while
considering risk factors, macroeconomic changes, and business
sustainability.
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HUMAN CAPITAL MANAGEMENT IMPLEMENTATION
Total
No Subject Objectives
Participants
The ability to build, maintain, and leverage effective professional
Influincing & relationships, both internally and externally, to achieve strategic
38 89
Networking objectives, support collaboration, and create impact at local,
national, and global levels.
The ability to conduct risk-based audit, assessment, and/or
investigative activities and to provide objective, independent,
systematic, and structured recommendations to safeguard the
39 Internal Audit 3
efficiency and effectiveness of the Bank’s performance, in line with
Bank policies, standard operating, laws, internal audit professional
standards, and prevailing regulations.
The ability to understand and manage cross-border (international)
International
40 47 banking transactions, including compliance with global regulations,
banking transaction
risk management, and the legal aspects of global transactions.
The ability to manage and develop portfolios of investment products,
capital market instruments, taxation regulations and planning, as
Investment
well as retirement and inheritance planning, both conventional and
Strategy and
41 60 Sharia-based, to deliver sound investment outcomes by taking into
Portfolio
account specific investment profiles, returns, and risks, and to build
Management
optimal portfolios supported by orderly investment administration
processes and optimum customer service.
The ability to implement, manage, and design information
42 IT Security 15.480 technology security measures aimed at protecting systems, data,
and digital assets from internal and external threats.
The ability to adapt to change and to effectively manage and lead
43 Leading Change 30
organisational change.
The ability to lead teams composed of individuals with diverse
44 Leading Teams 30 backgrounds, skills, and perspectives to work collaboratively in
achieving the Bank’s objectives.
The ability to understand and apply applicable legal principles,
provisions, and regulations related to Sharia banking operations,
45 Legal Banking 434
including prudential principles, legality, customer authority to act,
contractual arrangements, and collateral.
The ability to represent the Bank in judicial proceedings and other
46 Legal litigation 20
dispute resolution forums.
Liquidity The ability to manage the Bank’s liquidity and prepare cash flow
47 45
Management statements in line with applicable requirements and regulations.
The ability to gather, explore, analyse, and interpret market data
and information to understand trends, customer needs, competitor
48 Market Research 28
behaviour, and business opportunities, as well as to design
appropriate research methodologies.
The ability to develop, implement, and monitor operational
49 Operation Control 30 activities to ensure compliance with applicable standard operating
procedures.
Personal The ability to manage time and energy effectively, set priorities, and
50 116
Productivity maintain focus to meet the demands of both work and personal life.
The ability to manage and develop procurement processes for
Procurement
52 15 goods and services using available resources in accordance with
Operation
defined scope and timelines.
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HUMAN CAPITAL MANAGEMENT IMPLEMENTATION
Total
No Subject Objectives
Participants
The ability in in-depth understanding of the Bank’s features,
Sharia contracts (akad), benefits, usage, competitive advantages,
53 Product Knowledge 1.194 market segmentation, pricing structures and promotional policies,
customer testimonials and reviews, after-sales services, as well as
regulations and policies related to the Bank’s products, and services.
The ability to plan, coordinate, monitor, communicate, control,
Project
54 103 evaluate outcomes, and mitigate risks in the integrated execution
Management
of projects to achieve the Bank’s objectives.
The ability to deliver messages effectively to audiences through
Public
various verbal and non-verbal communication techniques, including
55 Communication & 48
public speaking skills, presentation material development, audience
Presenting
engagement management, and the ability to influence and inspire.
The ability to align the Bank’s strategies and policies with relevant
Regulatory
57 14.193 regulations, including the application of Sharia principles, to ensure
Compliance
the Bank’s sustainability and compliance.
Relationship The ability to build, maintain, and develop strategic customer
58 and Account 128 relationships, as well as to manage customer account portfolios
Management effectively to support business growth.
The ability to implement and develop risk management processes
aligned with the Bank’s strategy and objectives, encompassing
59 Risk Management 20.925 risk identification, measurement, monitoring, and control, as
well as continuous risk communication and the establishment of
mitigation policies to support the Bank’s sustainability.
The ability to develop plans and utilise established sales plans, and
Sales Performance to adjust strategies in response to dynamic market conditions,
60 163
Management including the management of sales forces and growth points, as
well as the evaluation of sales performance.
The ability to identify, explain, persuade, address objections, and
effectively sell products or services by understanding customer
61 Selling Skill 907
needs, offering appropriate solutions, and building strong
relationships to achieve sales agreements.
The ability to manage expectations and foster constructive
Stakeholder
62 30 relationships with stakeholders, as well as to communicate Bank-
Management
related information to stakeholders effectively.
Strategic The ability to formulate appropriate steps or work plans to support
63 30
Formulation the achievement of the Bank’s objectives.
The ability to understand and analyse complex and dynamic
64 Strategic Thinking 208 situations, solve problems, and identify opportunities to support
long-term planning with a meaningful impact on the Bank.
The ability to manage talent in an end-to-end manner,
encompassing talent identification, development, retention, and
Talent succession preparation, by integrating all human capital life cycle
65 30
Management processes (recruitment, onboarding, assessment, training, rewards,
career development, and offboarding) to ensure the organisation
consistently has the right people in the right roles at the right time.
The capability to navigate the significant transition experienced
when moving from an individual contributor role to a managerial
The Transition to role, including changes in responsibility, identity, and mindset, as
66 30
Leadership well as the ability to manage resources effectively, execute work in
a timely and appropriate manner, and deliver impact in line with
assigned duties and responsibilities.
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HUMAN CAPITAL MANAGEMENT IMPLEMENTATION
Total
No Subject Objectives
Participants
The ability to analyse market price movements, manage positions,
67 Treasury Dealing 52 and execute transactions in Sharia financial instruments, including
foreign exchange, money markets, and Sharia securities.
Knowledge, skills, and expertise related to investment portfolio
Treasury Portfolio management across money market and capital market instruments,
68 29
Management taking into account Sharia banking risk aspects, particularly liquidity
risk, credit risk, operational risk, and market risk.
Dynamic Technical Adaptive technical capabilities that continue to develop in line with
69 9.378
Capabilities changes in the Bank’s business and technology.
EVALUATION OF COMPETENCY DEVELOPMENT IMPLEMENTATION
To measure the effectiveness of competency development in a structured manner, the Bank applies
the Competency Performance Index (CPI) as an assessment indicator. The CPI covers improvements
in knowledge, skills enhancement, and changes in work behaviour. Each Work Unit and employee is
assigned an average CPI target of 3.00 on a 4.00 scale. Based on data as of 31 December 2025, the average
Employee CPI achievement was recorded at 3.63, reflecting the effectiveness of employee competency
development implementation.
COMPETENCE DEVELOPMENT COSTS
Total expenditures for the competence development reached Rp141,774 billion in 2025 allocated for 187
training programs.
2025 HR Development Cost
2025 RKAP 2025 Realization Achievement
Rp140,222,762,400 Rp141,773,826,444 101%
2026 HR Development Projection
2026 HR Development Cost Projection Number of Training Programs Number of Participants
Rp147,779,000 195 209,000
DRIVING PROGRESSIVE CAREER DEVELOPMENT
As part of its commitment to sustainable talent development, the Bank manages employee career
progression through a structured and development-oriented approach. Improvements in competency
and performance achievements form the basis for broader career opportunities. Accordingly, the Bank
implements a systematic promotion mechanism through two main pathways.
1. Position Promotion
Position promotion refers to the placement of employees from lower job levels to positions with
greater responsibilities. In 2025, the promotion process was supported by the use of data analytics to
identify alignment between employee profiles and target position qualifications. For Senior Manager
roles, the Bank applied a Bench Strength Ratio of 1:3 as part of its Succession Management process,
providing wider opportunities for career growth and the assumption of more strategic roles that
contribute to the Bank’s performance.
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2. Grade Promotion 3. Performance Evaluation, assessing
In addition to position promotion, the Bank achievement of targets and objectives to
also provides career advancement through determine employee performance results at
grade promotion, which involves upgrading the end of the period.
an employee’s grade level. In 2025, the
Bank updated its grade promotion policy In 2025, BSI strengthened its performance
by introducing parameter categories: Fast management practices to align with the Bank’s
Track, Medium, and Normal. This approach strategy and business plan and to enhance
accelerated promotion for high-performing employee productivity through the following
and high-potential employees, while ensuring initiatives:
alignment with employee readiness, capability
requirements, and the Bank’s business needs 1. Updating KPIs for Branch Network employees
and targets. to align with business strategies and priorities
at the Regional, Area, and Branch levels.
2. Strengthening KPI cascading guidelines
OPTIMISING PERFORMANCE TO for Head Office employees to ensure clear
ENHANCE COMPETITIVENESS alignment between Individual, Unit, and Bank
KPIs.
To ensure performance remains aligned with 3. Enhancing the implementation of Development
strategy and supports competitive advantage, Dialogue between employees and managers
the Bank implements a performance assessment to foster constructive two-way communication,
system designed in accordance with the principles support performance improvement, and
of transparency and accountability. The system develop Individual Development Plans.
serves not only as a performance evaluation tool, 4. Updating Performance Evaluation policies to
but also as a foundation for fostering a healthy strengthen assessment accountability and
work culture with the following objectives: alignment across individual, unit, and Bank
performance.
1. To drive the achievement of organisational
goals through optimal employee performance. All performance management processes are
2. To cultivate a positive work culture that conducted online through Employee Information
emphasises productivity and professionalism. System (SIP), enabling employees to access
3. To strengthen employee engagement and performance information easily and transparently.
active participation in the organisation’s
direction and development.
MANAGING COMPETITIVE AND
Performance management is carried out on a SUSTAINABLE REMUNERATION
continuous basis by ensuring alignment from
corporate goals down to unit-level targets and In ensuring compliance and fairness for all
individual objectives. Through this approach, employees, the Bank designs its remuneration
corporate strategy is consistently translated to the policy by referring to applicable regulations,
individual level, while maintaining a clear linkage including the fulfilment of minimum wage
between employee performance and the Bank’s standards across all operational regions. This
overall performance. approach serves as the foundation for establishing
a sustainable remuneration system aligned with
The annual performance management cycle the Bank’s competitiveness strategy.
consists of three main stages:
As part of responsible remuneration governance,
1. Performance Planning, establishment of Key remuneration implementation is guided
Performance Indicators (KPIs). by the principles of competitiveness and
2. Performance Monitoring, reviewing fairness, incorporating performance and risk
performance targets and determining considerations, and aligned with best practices
improvement actions to achieve the defined
objectives.
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HUMAN CAPITAL MANAGEMENT IMPLEMENTATION
in the banking industry. To remain responsive to not only on technological upgrades, but also on
labour market developments, the Bank regularly ensuring that the systems developed remained
participates in Annual Salary Surveys conducted aligned with operational needs and organisational
by independent institutions as a benchmark for dynamics.
setting and reviewing remuneration policies.
On system development, key focuses are
Through a well-directed remuneration policy, the simplifying human capital administrative
Bank seeks to maintain its competitive position processes, improving data accuracy, and
in the labour market, strengthen talent retention integrating modules that previously operated
and engagement, and motivate employees to independently. Through a centralised system
deliver optimal performance. In line with this application, core functions such as employee data
commitment, in 2025 the Bank enhanced its management, leave and attendance, business
remuneration system, covering both financial and travel, and reimbursement processes could be
non-financial components, including adjustments executed more efficiently, transparently, and with
to salary structures and levels based on market stronger documentation.
conditions and the Bank’s financial capacity.
For employees, the implementation of the Human
Capital system enabled greater convenience
FACILITATING A COMFORTABLE through self-service access to Human Capital
AND WELL-PLANNED RETIREMENT services. Employees are able to submit
TRANSITION administrative requests, track application status,
and access personnel information in real time
In supporting employee well-being through the without reliance on manual processes. This has
final stage of service, the Bank places strong directly enhanced work convenience, service
emphasis on ensuring that the transition into certainty, and trust in the Bank’s internal processes.
retirement is comfortable and well planned. This
approach reflects the Bank’s commitment to From the Human Capital function’s perspective,
preparing employees to enter the next phase of the system developed throughout 2025 serves
life with confidence and security. as a critical foundation for data-driven decision-
making. More structured and consistent data
As part of this effort, the Bank has established availability supports deeper analysis related
structured retirement preparation programmes to workforce planning, talent development,
for employees and their spouses, supported by and succession readiness. As a result, the
clearly defined curricula and schedules. Through Human Capital function has evolved beyond an
comprehensive pre-retirement programmes, administrative role to become a strategic partner
the Bank facilitates financial, psychological, and in supporting the Bank’s business sustainability.
social readiness, enabling retirees to experience
a meaningful retirement period. This initiative Overall, the Human Capital system transformation
underscores BSI’s commitment to delivering long- in 2025 reflects the Bank’s commitment to
term value across the employee life cycle, including building a modern, efficient, and employee-
at the final stage of the professional journey. centric work ecosystem. This initiative represents
an important early step in establishing an adaptive
and sustainable system foundation to address
HUMAN CAPITAL SYSTEM future organisational needs.
TRANSFORMATION THROUGHOUT
2025 In line with the direction of the Board of Directors
and oversight by the Board of Commissioners,
As part of its digital transformation agenda, the development of the Human Capital system
throughout 2025 the Bank continued to in 2025 was also positioned as part of the Bank’s
strengthen its Human Capital information systems strategic agenda to strengthen governance, risk
to enhance service quality, process effectiveness, management, and organisational continuity.
and employee experience. These efforts focused The system functions as a strategic enabler by
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providing comprehensive visibility into workforce (NOBAR) every Monday morning across all work
profiles, talent readiness, and the effectiveness of units. This program serves as an effective internal
Human Capital policies. This approach equips the communication channel to convey management’s
Board of Directors and Board of Commissioners strategic direction and priority program
with more accurate and timely data to support information, so that all employees remain aligned
strategic decision-making, particularly in with the Company’s vision and mission.
succession planning, leadership development,
and organisational structure adjustments. In addition, the Company strengthened the role
of Change Agents as the driving force of change
Grounded in good corporate governance at the work unit level. Through a comprehensive
principles and compliance with applicable internal onboarding/Change Agent Empowerment
and regulatory requirements, the Human Capital program, Change Agents are equipped with
system transformation throughout 2025 forms a adequate competencies to ensure that cultural
key foundation for accountable, transparent, and transformation is carried out in a tangible and
integrity-driven human capital management. sustainable manner and that a collaborative spirit
Beyond supporting operational effectiveness is present in all Work Units.
and strategic decisions, the system strengthens
internal controls, compliant processes, and Commitment to innovation also became an
compliance risk mitigation, thereby providing inseparable part of culture acceleration. Through
assurance to the Board of Directors, Board of the BSI Excellence Award (BEA), the Company
Commissioners, and stakeholders regarding the gives appreciation to the best units/individuals as
quality of Human Capital governance. well as innovative ideas that make a significant
Maximum Contribution to business sustainability.
In terms of innovation, the Company grants awards
STRENGTHENING CULTURE in the categories of Best Implementation, Best
IMPLEMENTATION AS A PILLAR OF Idea, and One Unit One Implemented Innovation,
TRANSFORMATION TOWARDS VISION reflecting the Company’s courage to continue
2030 innovating and creating added value.
The year 2025 marked a new chapter in On the other hand, strengthening integrity and
BSI’s transformation journey. After going compliance with regulations remains a top priority.
through the initial phase of consolidation and Through the Know Your Employee (KYE) program,
fundamental strengthening, BSI has now entered the Company conducts self-assessments and
Transformation Phase 2 with a bigger vision: to supervisor validation to identify employees who
become a Top 5 Global Islamic Bank by 2030. At require further assistance or coaching. This step is
this stage, culture acceleration has become the intended not only to minimize fraud risk, but also
main focus, as we believe that the success of to strengthen the value of trustworthiness as the
transformation depends not only on business foundation of trust.
strategy, but also on the strength of the culture
that lives within every BSI employee. In addition to the above, various other culture
internalization programs were also implemented,
In supporting sustainable business, the gesture such as Culture Pulse Check, Culture Meet
#butuhNYALIuntukNYALA (Customer Focus, Up with Leaders (BOD), Leaders Alignment
Strengthening Integrity, Collaboration, Maximum Session (LAS), Change Agent Onboarding, New
Contribution) as the cultural theme in 2025 Employee Induction Program, Friday Blessing
and the Melayani Sepenuh Hati value initiated & Friday Munajat, BRADER (Clean, Neat and
by Danantara continue to be consistently Well-Maintained), Retirement Appreciation,
internalized so that they become employee Pre-Retirement Preparation Training (PPMP),
behavior within the Company, as part of Customer Employee Engagement Survey (EES), Hope & Fear
Focus. Throughout the year, various initiatives Survey, Behavior Maturity Index (BMI), Operational
were carried out to ensure that culture is not Innovation Mentoring in the IOBS event, Innovation
merely a slogan, but a real practice that drives Expert Sharing, and other programs.
the organization. One manifestation of this is the
implementation of Nonton Bareng NYALI NYALA
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HUMAN CAPITAL MANAGEMENT IMPLEMENTATION
All of these efforts demonstrate that strengthening Through enhancement of its Human Capital
culture is not merely a program, but a journey of systems and infrastructure, the Bank ensures that
building positive behavior within the Company. all employment processes, from administration,
With a strong cultural foundation, sustainable career management, performance to competency
innovation, and maintained integrity, the Company development, are managed consistently, well-
is optimistic that it can move steadily toward its documented, and aligned with organisational and
grand vision of becoming a Top 5 Global Islamic business objectives. The following are elaboration
Bank by 2030. of core elements of the infrastructure and system:
a. Organisation
PROGRESSIVELY ENHANCING 1. Organisational Structure
EMPLOYEE INFORMATION LITERACY Organisation chart and job descriptions
2. Company Regulations
To support work effectiveness and sound decision- Company regulations in accordance with
making, the Bank continuously enhances applicable labour laws and internal policies
employee information literacy through integrated, b. Employee
accessible, and transparent Human Capital 1. Employee Information
systems. This effort aims to ensure that employees Detailed personal employee information
are able to understand, utilise, and manage 2. Employee Letter
human capital information effectively in support Employee appointment and assignment
of performance and accountability. letters
3. Employee Request
One of the main initiatives implemented by the List of employee transaction requests
Bank is the SIP (Employee Information System) 4. Employee Work Status
application, which organizes Human Resource Information on employee surveys and/or
management functions based on competency work status, including during pandemic
and performance. SIP is designed as an integrated conditions
platform to provide accurate, up-to-date, and 5. Curriculum Vitae
structured employee data and information in Summary of employee personal data,
support of the achievement of the Company’s training history, career progression,
strategic objectives. achievements, and disciplinary records
c. Career
Through SIP, the Bank provides comprehensive 1. Award
employee information for the purposes of HR Employee award records
planning, development, and control for employees 2. Career Request
as well as heads of work units at both Head Office Career applications submitted through
and Non-Head Office. The utilization of this branch administrators
system strengthens data-driven decision making, 3. Discipline
improves transparency in HR management, and Employee disciplinary records
promotes an information-based work culture 4. Career Transition
throughout the organization. Career change records submitted through
Head Office administrators
d. Time & Attendance
SYSTEM AND INFRASTRUCTURE 1. Attendance
HUMAN CAPITAL Individual employee attendance records
2. Attendance Data
As a foundation for modern human capital Organisation-wide attendance data (based
management, the Bank has developed Human on authority)
Capital systems and infrastructure designed 3. Employee Logbook
to support strategic and integrated workforce Employee work activity records
management. These systems play a key role in 4. Attendance Correction Request
ensuring data accuracy, process efficiency, and Requests for attendance data correction
easy access to information for both employees and 5. Leave
management. Employee leave applications
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6. Overtime DISCLOSURE OF INFORMATION TO
Employee overtime applications EMPLOYEES
7. On Duty / Business Travel
Business travel applications The Secretary of the Policy & Procedure Committee
e. Reimbursement (Policy & Procedure work unit) conducts
1. Reimbursement List socialization of the Bank’s provisions together with
List of reimbursement claims the Owner Work Unit, through several socialization
2. Reimbursement Submission media, namely:
Reimbursement claim submissions 1. Preparation of provision socialization through
3. Reimbursement Cancellation infographics and Executive Summaries.
Cancellation of reimbursement claims 2. Sharing Knowledge
f. Loan The Secretary of the Policy & Procedure
Employee financing / FPP applications Committee (Policy & Procedure Work Unit),
g. Payroll together with the Owner Work Unit as speakers
1. Salary History / Payslip in the provision sharing session for all BSI
2. Salary Data employees, coordinates with BSU.
h. Performance 3. Refreshment and Quiz
1. Key Performance Indicators (KPI) Employees access reading materials
Employee performance measurement through the New Policy System and
aligned with the Bank’s strategy complete the Refreshment through the
2. Competency-Based Assessment Learning Management System (SMILE). The
Assessment based on target achievement Refreshment and Quiz are conducted at least
and work behaviour in line with 2 (two) times in one year, in collaboration with
organisational values BSU.
i. Training
Employee training records The following is a description of the Socialization,
j. Recruitment Sharing Knowledge, Refreshment, and Quiz data
Internal and external employee recruitment for the period from January to December 2025, as
follows:
Implementation of the Outreach Program for the Period from January to December 2025
Aktivitas
Lingkup Pengaturan Sosialisasi (Exsum
Sharing Knowledge Refreshment Quiz
& Infografis)
Business Support 148 2 2 1
Funding & Digital 114 1 1 -
Retail Financing 129 4 1 1
Wholesale Financing 142 1 1 1
External Relation &
17 - - -
Implementation
Total 550 8 5 3
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HUMAN CAPITAL MANAGEMENT IMPLEMENTATION
STRENGTHENING THE HUMAN CAPITAL GOVERNANCE STRUCTURE
Comiance &
Human capital
Human capital Human capital BSI Corporate
HCBP 1 HCBP 2
Strategy & Policy Services University
To ensure effective implementation of the b. Leadership Engine
Human Capital Framework in alignment with Aimed at preparing leaders across all
the employee journey or employee life cycle, BSI organisational levels through structured
has established an integrated and strategically leadership development programs and
oriented Human Capital governance structure. succession planning, to build strong, adaptive,
This structure is designed to strengthen policy and sustainable leadership.
formulation, operational service effectiveness,
capability development, and direct support for c. Culture Engine
business unit performance. Designed to reinforce a positive work
culture by managing the employee
BSI’s Human Capital organisational structure experience, strengthening engagement,
comprises the Human Capital Strategy & Policy and implementing recognition systems
Group, which is responsible for policy and strategy that encourage collaboration and collective
formulation; the Human Capital Services Group, performance.
which manages operational human capital
services; BSI Corporate University, which oversees d. Reward Engine
learning and development programs; and Human Focused on ensuring a fair and competitive
Capital Business Partner 1 and Human Capital reward system, covering both financial and
Business Partner 2 (HCBP 1 and HCBP 2), which act non-financial aspects, including personal
as strategic partners to business units in achieving development support, work flexibility, and well-
performance targets and business objectives. being programs to enhance overall employee
welfare.
HUMAN CAPITAL WORK PLAN 2026 Through the implementation of these four
pillars, 2026 marks an important starting point
Entering 2026, the Bank has established an for sustainable Human Capital transformation,
integrated Human Capital work plan to strengthen supporting the creation of a productive
organisational capability and foster a productive organisation and positioning the Bank as an
and high-quality work environment. This strategy employer of choice.
is designed to enhance employee performance
while cultivating a positive and sustainable
employee experience, supported by four key
pillars:
a. Capability Engine
Focused on developing employee
competencies through targeted recruitment,
business-relevant learning programs, and the
use of technology to support performance
monitoring and continuous productivity
improvement.
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INFORMATION
TECHNOLOGY
KINERJA KEUANGAN
DIGITAL STRENGTH
FOR TRUSTED GROWTH
“BSI positions Information Technology as a
strategic enabler to deliver a stable, secure,
and scalable sharia digital ecosystem. Through
strengthened reliability, enhanced cybersecurity,
and the adoption of data, AI, and automation,
the Bank advances business transformation
while ensuring governance discipline. This
integrated approach enables BSI to elevate
customer experience, expand its digital reach,
and support sustainable growth.”
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MASTER PLAN AND
INFORMATION
Aligned with its aspiration to become a Top 5 4. Business & Operation Transformation:
Global Islamic Bank by Market Capitalisation by A strategic effort to refine and digitalise
2030, BSI positioned Information Technology as financing and operational processes through
a strategic backbone within its House of Strategy. targeted initiatives, aimed at improving
Information Technology was designed not only efficiency, service speed, and achievement of
to support day-to-day operations, but also to business objectives.
enable long-term business transformation and 5. ES-GRC (Enterprise Security, Governance,
value creation. Within this framework, IT & Digital Risk & Compliance): Strategic initiatives
Platform Stability was prioritised as a core enabler, related to ESG, risk, and compliance to
ensuring that business expansion, increasing strengthen data security, regulatory
digital adoption, and end-to-end operational compliance, more effective risk management,
execution were underpinned by resilient, secure, and support BSI’s sustainability agenda.
and scalable technology foundations capable of
supporting sustainable growth. These initiatives were delivered through the IT
House of Strategy, structured around three core
During 2025, the IT agenda was translated into pillars:
five focused strategic initiatives designed to
strengthen performance and enable sustainable 1. People: Strengthening the capacity, capability,
growth: and culture of IT HR through recruitment,
training, and development programs.
1. IT RASS (Reliability, Availability, Scalability, 2. Process: Continuous improvement of
Security): A strategic initiative to address IT processes, including governance of IT
fundamental requirements (hygiene factors), development management (SDLC) to
enabling sustainable business operations and operations.
accelerating digital transformation. 3. Technology: Implementation of strategic IT
2. Digital Solution for Customer & Retail: initiatives across 4 (four) architecture domains,
Development of digital solutions to support covering applications, infrastructure, data,
retail transactions across BSI’s channel and security.
platforms.
3. Digital Solution for Wholesale: Enhancement
of digital transaction services for wholesale
segment to increase corporate engagement
and transactions.
INFORMATION TECHNOLOGY INNOVATION
In 2025, BSI continued to strengthen its Information 1. IT RASS (Reliability, Availability, Scalability,
Technology capabilities through the development Security)
of both technology and infrastructure to support Optimisation and modernisation of
sustainable business growth. These initiatives applications and infrastructure were
were directed at enhancing system resilience, undertaken to enhance and maintain the
expanding digital capacity, and ensuring that IT quality of customer transaction experiences.
platforms were able to support increasing business In parallel, reliable Data Center infrastructure
scale and complexity. As part of this ongoing effort, was strengthened to improve service quality
the Bank implemented a number of technology and overall system resilience.
development innovations throughout 2025,
including the following initiatives: 2. Digital Solution for Customer & Retail
Feature development and service capability
enhancements of BYOND by BSI were
carried out to drive growth in the number
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INOVASI TEKNOLOGI INFORMASI
of customers and active users, as well as 4. Business & Operation Transformation
transaction frequency, contributing to higher Financing processes were optimised through
Fee Based Income (FBI). Business Process Re-Engineering (BPR) to
accelerate service level agreements (SLA)
Innovations introduced in BYOND by BSI for Griya financing, digitalise workflows, and
included Cardless Withdrawal at other enable end-to-end data integration with
banks, QRIS Cross-border, Online Mutual the Customer Relationship Management
Funds, and BYOND Lyfe services (Umrah (CRM) and Financing Operation systems.
packages, KAI train tickets, flight tickets, CRM development was further strengthened
and BSI OTO). As the only bank holding a by enhancing a 360-degree customer view,
Bullion Bank license, BSI also launched Bank increasing customer engagement, and
Emas services through BYOND by BSI. To supporting cross-segment product sales to
further expand service reach, collaboration improve the Product Holding Ratio (PHR).
with strategic partners to enable seamless In parallel, branch operational processes
utilisation of BSI services continued to be continued to undergo transformation
strengthened. BSI also expanded partnerships through service digitalisation, including the
and the Islamic digital ecosystem through implementation of web-based forms for
Open API integration aligned with the SNAP customer transactions.
BI standard.
5. ES-GRC (Enterprise Security, Governance,
Risk & Compliance)
3. Digital Solution for Wholesale Financing processes were optimised through
To support the digital transformation Business Process Re-Engineering (BPR) to
agenda and enhance service quality for accelerate service level agreements (SLA)
corporate customers, the Bank continuously for Griya financing, digitalise workflows, and
strengthened digital solutions in the wholesale enable end-to-end data integration with
segment. the Customer Relationship Management
(CRM) and Financing Operation systems.
These efforts were realised through the CRM development was further strengthened
development of BEWIZE, which is equipped by enhancing a 360-degree customer view,
with three core services: Cash Management, increasing customer engagement, and
Value Chain, and Trade Finance. BEWIZE supporting cross-segment product sales to
Cash Management has been enhanced with improve the Product Holding Ratio (PHR).
fraud detection capabilities and optimised In parallel, branch operational processes
services for securities companies through continued to undergo transformation
Customer Fund Account (RDN) transactions. In through service digitalisation, including the
addition, BEWIZE Trade, as one of BSI’s digital implementation of web-based forms for
trade finance services, has been equipped customer transactions.
with customer onboarding capabilities. For
financing services, BEWIZE Value Chain now The information technology innovations
supports Supplier, Buyer, and Distributor implemented in 2025 delivered tangible benefits in
Financing. improving both operational efficiency and service
quality for customers. System modernisation
and infrastructure optimisation strengthened
Collectively, these initiatives improved transaction reliability, reduced processing time,
transaction speed, strengthened security, and enhanced system resilience, enabling the
enhanced operational efficiency, and delivered Bank to manage higher transaction volumes with
a better overall experience for corporate greater stability and control. The digitalisation of
customers. financing and operational processes streamlined
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INOVASI TEKNOLOGI INFORMASI
workflows, reduced manual intervention, and segments. Integrated digital solutions enabled
improved turnaround times, supporting more more seamless interactions, stronger security
efficient resource utilisation across business units. controls, and more responsive service delivery.
Collectively, these innovations strengthened
From a customer perspective, enhanced digital customer experience, reinforced trust in digital
platforms expanded access to banking services, channels, and supported sustainable business
increased transaction speed, and improved growth by aligning operational efficiency with
service convenience across retail and wholesale service excellence at Bank Syariah Indonesia.
INFORMATION AND TECHNOLOGY
INFRASTRUCTURE
Throughout 2025, BSI refined its Information Technology governance structure to better support
business growth and accelerate digital transformation. This adjustment was aimed at ensuring that
technology capabilities evolved in line with expanding business needs and increasing digital adoption.
Key efforts included strengthening Data Center infrastructure to support high availability and
system resilience, adopting more modern, modular, and scalable technologies, and leveraging cloud
technology to enable greater flexibility and faster innovation. These initiatives played a critical role in
supporting the reliability and performance of core operational channels, including the BYOND by BSI
superapp, while ensuring that digital services remained responsive, secure, and ready to scale.
INFORMATION TECHNOLOGY GOVERNANCE &
CYBERSECURITY STRATEGY
Within its Information Technology governance BSI’s cybersecurity capability enhancement
framework, BSI places strong emphasis on strategy is built on three core pillars: People,
ensuring that technology adoption is conducted Process, and Technology. From the technology
in a controlled, secure, and accountable manner. perspective, the Bank strengthened its layered
IT governance is designed to align technology defence through the deployment of advanced
initiatives with business priorities, manage security solutions, including endpoint security,
risks effectively, and safeguard the reliability of application security, and threat intelligence, to
digital services as the Bank continues to scale mitigate increasingly complex cyber threats.
its operations and expand digital engagement. These measures are supported by structured
As digitalisation deepens across products and processes and governance controls to ensure
channels, cybersecurity has become an integral timely detection, response, and recovery, as well as
component of governance to protect customer continuous capability development of personnel
data, transaction integrity, and business continuity. responsible for managing cyber risks. Collectively,
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CYBERSECURITY STRATEGY
this integrated approach reinforces BSI’s cyber Protection Management, Directory
resilience and supports secure, sustainable digital Service & Collaboration Management,
banking operations. and Security Identity, Application & Data
Management staff.
PEOPLE
The restructuring of IT Security Services
As part of efforts to enhance human resource and IT Security Operations into Security
capabilities, 3 (three) key actions were undertaken Platform Management to integrate
as follows: security management across systems,
1. Adjustment of the CSO Office organisational infrastructure, networks, databases, and
structure, including: web services. This function consists of ATM
The transformation of Security Project & & Network Security, Endpoint Security,
QA into Security Advisory to ensure that Cloud & Perimeter Security, and Security
strategic IT initiatives are well planned, Change & Configuration Management
properly designed, and executed efficiently teams.
in support of the Bank’s business plans in
The transformation of the Security
accordance with applicable requirements. Operations Center into Security Monitoring
This function is structured into Security & Incident Management to strengthen
Project & Budgeting, Security Control threat detection, incident investigation,
& Management, and Security Business and the implementation of faster and more
Partners teams. coordinated corrective and preventive
The establishment of Security Assurance to actions. This function includes Threat
ensure that all configurations are properly Hunting, Security Platform Detection,
implemented and that critical assets Security Application Detection, Incident
and services are thoroughly evaluated, Response & Digital Forensic, and Security
providing an adequate level of assurance Monitoring & Incident Management staff.
and confidence regarding security posture 2. Pemenuhan kompetensi SDM CSO yang
and minimising risk exposure to the Bank. berproses dengan pelatihan dan sertifikasi.
This function comprises Product Security, 3. Pelaksanaan Phising Simulation terhadap
Vulnerability Assessment & Penetration pegawai internal BSI untuk meningkatkan
Testing (VAPT), and Security Red Teaming kesadaran keamanan siber.
teams.
The establishment of Security Compliance PROCESS
to ensure that all security activities are The process aspect was also a concern in
conducted in alignment with Technical enhancing cybersecurity capabilities, with the
Operational Guidelines and regulatory following actions undertaken:
compliance requirements set by 1. Surveillance audit for ISO 27001:2022.
regulators or other stakeholders of the 2. Optimisation of proactive security activities,
Bank. This function includes Security such as threat hunting on the dark web
Certification, Security Risk & Third-Party and takedown services for fake accounts or
Management, and Security Operational websites impersonating BSI.
Compliance teams. 3. A proactive approach to accelerating digital
The transformation of Application Identity initiatives, in which the CSO evolved from
Management into Security Identity, a security reviewer into a trusted business
Application, and Data Management enabler by implementing security by design
to expand the scope of identity and privacy by design from the design stage
management, application security, and across BSI’s entire SDLC, ensuring that every
data protection in a more comprehensive innovation is secure, compliant, and reliable
manner. This function covers Application from initiation.
Identity Management, Infrastructure
Identity Management, Endpoint Identity TECHNOLOGY
Management, Data Encryption & Key BSI continued to strategically strengthen its
Management, Database Security & cybersecurity capabilities on the technology
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INFORMATION TECHNOLOGY GOVERNANCE &
CYBERSECURITY STRATEGY
aspect as part of its efforts to safeguard the Going forward, BSI is committed to continuing
reliability and sustainability of banking services. capability enhancement and continuous
These enhancements were reflected in the improvement in support of its 2030 vision and
following: mission to become a leading global Islamic
1. The consistent achievement of an “A” score bank with strong cybersecurity excellence.
on the Rating Scorecard, the maintenance of Strengthening strategies will be implemented in
uninterrupted operations without material an integrated manner across the people, process,
cybersecurity incidents, and the improvement and technology aspects to achieve strong public
of cybersecurity maturity levels in line with and internal ratings, drive sustainable growth
OJK parameters throughout 2025. in cybersecurity maturity, and build a lean and
2. Strengthened security across BSI mobile proactive organisation in managing cybersecurity
applications (BYOND, BSIM, Ikurma, Smart risks.
Agent), resulting in a reduction in mobile
application fraud rates as of June, with further
improvement recorded by September 2025. MECHANISM OF DISRUPTION
3. Enhanced security at very critical and IDENTIFICATION
critical application levels, as per Business
Impact Analysis (BIA) of Business Continuity BSI has established a structured framework to
Management (BCM) Group, through the anticipate and manage potential disruptions
integration of user access into a single ID to business operations. This framework is
and layered protection using Multi-Factor governed under the Bank’s Business Continuity
Authentication (MFA). Management (BCM) policy and operationalised
4. Improved Security Assurance for very critical through the Business Continuity Plan (BCP)
and critical applications throughout the Technical Operating Guidelines. In the event of an
application development lifecycle (SDLC), from information technology disruption, incidents are
securing source code and application libraries assessed through defined disaster identification
against potential security vulnerabilities. stages to determine the appropriate response.
5. Strengthened security monitoring capabilities Follow-up actions are then executed in accordance
through expanded monitoring coverage, faster with the assessment results and the delegated
threat response and isolation, and improved authority of the Crisis Management Team (CMT),
accuracy in detecting attack patterns. ensuring timely coordination and effective
recovery.
Business as
Response Recover Restore
Usual
Mobilisasi Menuju Pengaktifan
a b c d 8
Lokasi Alternatif Lingkungan Kerja
pada Lokasi Alternatif
Business Identifikasi Analisa Pengaktifan Kembali ke
Contnuity Gangguan dan Dampak d Perlengkapan Kerja dan Lokasi Utama
Plan (BCP) e Pemulihan Data
Esklasi Aplikasi pada Lokasi
Alternatif
f Pemulhan Proses Bisnis
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INFORMATION TECHNOLOGY GOVERNANCE &
CYBERSECURITY STRATEGY
CYBERSECURITY STRATEGY Criteria in the Cyber security controls used:
1. Confidentiality
BSI consistently enforces comprehensive 2. Integrity
information technology policies and standard 3. Availability
operating procedures across the organisation.
These measures are designed to ensure that BSI has established a Chief Security Officer Office
information managed by all IT user units is Group (CSO) unit assigns to manage cybersecurity
adequately protected against potential threats that focusing on the following 6 aspects:
could result in data leakage or the loss of critical 1. Security Project & QA
information. Security oversight is embedded in 2. Application Identity Management
every system development and modification 3. Network Access & Data Protection
process, with independent controls in place to 4. IT Security Services
assess cyber resilience and security, separate from 5. IT Security Operations
day-to-day IT operations. Through this approach, 6. Security Operation Center
BSI upholds core cybersecurity principles that
serve as the foundation of its technology risk As BSI expands its digital banking services,
management framework, including the following: cybersecurity is embedded to protect digital
1. Information is an asset platforms from both internal and external threats.
2. Risk compatibility BSI applies the NIST Cybersecurity Framework
3. Compliance with regulations alongside other globally recognised standards
4. Granting of approval used in the financial industry to ensure structured
5. Adaptable and measurable and resilient cyber risk management.
6. System safe by design
7. Layered defense
8. Segregation of duties and access restrictions
9. Accountability
10. Audit
11. Continuous improvement
From January to December 2024, BSI’s cybersecurity posture consistently
achieved a Strong “A” rating, outperforming the global financial
industry average, which remained at a “B” rating. This assessment was
conducted independently by SecurityScorecard, a United States-based
organisation specialising in global cybersecurity ratings.
In line with prevailing industry practices, Bank Syariah Indonesia has
held ISO 27001:2022 certification since February 2024, awarded by the
British Standards Institution (BSI) as an internationally recognised
information security standard. In addition, the Bank recorded a
“High” cybersecurity maturity level (Level 2) based on an independent
assessment conducted by Ernst & Young (EY), using cybersecurity
measurement criteria stipulated under SEOJK No. 29 of 2022.
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INFORMATION TECHNOLOGY GOVERNANCE &
CYBERSECURITY STRATEGY
BSI remains committed to continuously structured crisis handling procedures from early
strengthening its cybersecurity strategy and disruption identification through crisis declaration
execution to ensure that customers consistently and the activation of recovery measures. These
receive secure and reliable services, in line with procedures are set out in the Crisis Management
the Bank’s role as a trusted financial, social, and Plan, which serves as a guideline for decision-
spiritual partner. making, assignment of roles and responsibilities,
and control of recovery processes to ensure the
DISASTER RECOVERY STRATEGY/PROCESS Bank’s critical services and functions are restored
timely and in a controlled manner. The Crisis
In crisis situations, the Bank’s primary objective Management Plan procedure flow is as follows:
is to restore business operations to a stable and
normal condition. The disaster recovery approach
is designed as an integrated framework that brings
together Emergency Response (ER), Business
Continuity (BC), and Data Recovery (DR), ensuring
coordinated actions across entire elements during
disruptive events.
To support this objective, BSI has established
Identifikasi
dan Eskalasi
Gangguan
Deakivasi Deklarasi
CMT Krisis
1
7 2
Strategi/Proses
Pemulihan
Bencana (Disaster
Pemberitaan 3
Recovery)
Kejadian Aktivasi
Luar Biasa CMTCC
5 4
Aktivasi
Pengelolaan Kegiatan
Informasi Pemulihan
Krisis dan Pelaporan
Berkala
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INFORMATION TECHNOLOGY GOVERNANCE &
CYBERSECURITY STRATEGY
Crisis Management Procedure Overview
Disruption Identification & Crisis Declaration Crisis Command Center
Escalation Activation
Operational disruptions are The Chairman of the Following the crisis
detected by affected units CMT reviews and verifies declaration, the Crisis
and addressed through the incident analysis to Management Team
initial corrective actions. determine the level of Crisis Center (CMTCC)
Incidents are reported, impact and risk. A formal is activated under the
assessed by CM, ER, BC, crisis declaration is made direction of the CMT
and DR coordinators, and when the disruption Chairman, either virtually
escalated to the Chairman cannot be managed or physically, to enable
of the Crisis Management under normal operational structured coordination
Team (CMT) when conditions. and decision-making.
potential crisis thresholds
are identified.
Recovery Execution & Crisis Information Crisis Communication &
Periodic Reporting Management Media Handling
Recovery activities are Potentially material External communication
led by the CMT Chairman information or negative materials are prepared
and executed by CM, media coverage is identified, by the Communication
ER, BC, and DR teams analysed, and addressed Team in line with CMT
in accordance with through a structured direction. Press releases
approved recovery plans. communication strategy. All or press conferences are
Progress is monitored messaging is implemented conducted when required,
and reported regularly to with CMT approval and with messages delivered
ensure effective and timely monitored continuously to by the designated Bank
restoration of services. manage reputational risk. Spokesperson.
Crisis Closure & Return to Normal Operations
Once recovery is completed and services are stabilised, the crisis status is formally
closed. A post-crisis evaluation is conducted, and operational oversight is returned to
the Business Continuity Management function.
Note:
CM: Crisis Management
ER: Emergency Response
BC: Business Continuity
DR: Disaster Recovery
BCM: Business Continuity Management
CMT: Crisis Management Team
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INFORMATION TECHNOLOGY GOVERNANCE &
CYBERSECURITY STRATEGY
System of Reporting to the Board of Directors
In relation to reporting on developments and dynamics in the Information Technology area, Bank Syariah
Indonesia has established a structured reporting mechanism to ensure the Board of Directors receives
timely, relevant, and comprehensive information. This reporting process supports effective oversight,
informed decision-making, and alignment between technology initiatives and the Bank’s strategic
objectives, as illustrated below.
Pre-Crisis IT Incident Crisis Assessment & Crisis Coordination &
Handling Declaration Command Center
Early detection and initial The CMT Chairman and Crisis response
mitigation of IT incidents are Head of BCM conduct a coordination is conducted
carried out by operational rapid assessment based through the Crisis
teams. Incident updates on incident updates. When Command Center,
are escalated to relevant escalation thresholds are enabling structured
directors and BCM functions, met, a crisis is formally communication, decision-
including preparation declared and the Crisis making, and alignment
of holding statements Management Team is among all CMT members.
and contingency actions. activated.
Potential crises are escalated
for formal review.
Incident Resolution & Communication & Stakeholder Incident Closure &
Regulatory Reporting Management Evaluation
Incident recovery actions, Internal and external Once services are
including fixing or system communications are restored, the crisis status
switch-over, are executed managed in a coordinated is formally closed. Post-
by responsible units. manner to ensure accurate incident evaluation and
Mandatory reporting to information delivery, customer root cause analysis are
regulators is completed handling, and reputational conducted, followed by
within stipulated protection throughout the public communication
timelines, with oversight crisis period. and a return to normal
and verification by IT operations.
governance functions.
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INFORMATION TECHNOLOGY MANAGEMENT
STRUCTURE
In 2025, Bank Syariah Indonesia adjusted its To further strengthen digital capabilities, BSI
Information Technology management structure established the Digital Banking Wholesale
to address increasing business complexity and Group under the supervision of the SEVP Digital
to accelerate digital transformation. These Banking. This group focuses on the innovation and
adjustments were designed to enhance the development of products and digital channels
responsiveness of the IT function to technological tailored to the specific needs of the wholesale
developments while strengthening its role in banking segment.
delivering strategic value aligned with the Bank’s
long-term vision. In response to the growing importance of data-
driven decision-making and Artificial Intelligence
As part of this refinement, leadership structure of (AI), BSI also formed the Data & Analytics Services
IT and digital function was strengthened through (DAS) group under the SEVP Digital Banking. The
the appointment of SEVP IT Development and DAS group is responsible for optimising enterprise-
Operations and SEVP Digital Banking. This wide data management and utilisation, as well
structure ensures end-to-end accountability for as advancing the adoption of AI and Machine
BSI Digital services, from solution development to Learning to support sustainable business growth
operational execution, and strengthen alignment through insights, automation, and enhanced
between digital innovation and business priorities. operational effectiveness.
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04 MAIN HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
INFORMATION TECHNOLOGY WORK
PLAN FOR 2026
Entering 2026, BSI positions Information support business growth.
Technology as a key enabler to strengthen 2. Cybersecurity Enhancement: Strengthening
competitiveness, enhance service quality, and layered cyber defences to mitigate risks
support sustainable business growth. Building to customer data security and respond to
on the established transformation foundation, increasingly sophisticated digital threats.
IT development is structured in an integrated 3. Development of Sharia Digital Ecosystem
manner to support Phase II of BSI’s Transformation Platform: Building open and integrated, API-
and the achievement of the Company’s vision and based digital platforms to enable connectivity
mission. The IT development roadmap is focused with halal ecosystem partners and third-party
on “Becoming Customers’ First Choice by services.
Delivering a Stable, Secure, and Trusted Global 4. Acceleration of Business Process
Islamic Digital Ecosystem”, which will be realised Transformation: Leveraging digital
through: technologies to modernise workflows, reduce
manual processes, and improve operational
1. Ensuring IT reliability, availability, scalability, efficiency across business lines.
and security in line with international 5. Empowerment of Data Analytics and AI:
standards. Leveraging advanced analytics and sustainable
2. Supporting sharia business transformation to AI capabilities to enhance organisational
deliver the best customer experience. competitiveness through insight-driven
3. Driving digital platforms to expand the decision-making and integrated process
customer base to up to 40 million. automation.
4. Developing Data, AI, and Automation 6. Enhancement of IT Organisational Capability
capabilities to enable insight-driven services. and Capacity: Developing technical and
5. Strengthening technology governance and managerial competencies within IT teams
innovation to deliver service excellence. while expanding resource capacity to support
the execution of strategic initiatives.
The five missions are implemented through 7 7. Strengthening of IT Governance, Risk,
Key Programs, which will serve as the focus for and Compliance (GRC): Implementing
execution and resource allocation. These key best-practice IT governance and disciplined
programs include: risk management to ensure compliance,
transparency, and alignment between IT
1. Enhancement of Stable, Reliable, and strategy and business objectives.
Scalable IT Services: Refreshing and
optimising infrastructure to ensure high
system availability online with strong
performance, and sufficient capacity to
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CORPORATE
GOVERNANCE
GOVERNANCE AS
THE ANCHOR OF TRANSFORMATION
In a period of rapid transformation, strong
governance serves as BSI’s anchor, ensuring
that innovation, digitalization, and the initiative
progress with integrity, resilience, and long-term
accountability.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
ACHIEVEMENT OF GOVERNANCE
IMPLEMENTATION
Largest Sharia Bank
in Indonesia
Driving the vision to become the top 5
global islamic bank, reinforcing trust,
integrity, and long-term value creation
Most Trusted Corporate
Governance
BSI received the “Most Trusted” predicate in
the Corporate Governance Perception Index
(CGPI), reflecting excellence in implementing
transparent, accountable, and sustainable
governance practices, carried out in
accordance with sharia principles.
Maqashid Syariah
as the Core Pillar
Sharia values embedded as the
foundation of governance and
business conduct
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ACHIEVEMENT OF GOVERNANCE IMPLEMENTATION
International Governance &
Risk Certifications
• Compliance Management System
• Anti-Bribery Management System
• Quality Management System
• Business Continuity Management
• Information Security Management
Governance Innovative Islamic
& Sharia Instruments
Integration
2025
Linking Finance, Philanthropy, and
Productivity
ESG Unit established and • Sharia Restricted Investment
ESG Guiding Principles Account (SRIA)
signed by all management, • Cash Waqf Linked Deposit (CWLD)
aligned with maqashid Innovations that bridge social impact
syariah with productive economic sectors.
Global & National Recognition
Recognised for Governance and Impact
• Euromoney 2025
»» World’s Best Islamic Bank for ESG
»» Asia’s Best Islamic Bank for Wealth Management
• BWI Award 2025
»» Strategic Partner in Waqf Development
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
COMMITMENT TO THE
IMPLEMENTATION OF GOOD
CORPORATE GOVERNANCE
Implementing Governance as a Strategic The effective implementation of GCG plays
Foundation for Sustainable Growth a critical role in safeguarding the Bank’s
2025 marks an important moment for Bank Syariah sustainability and long-term performance. By
Indonesia (“BSI” or “Bank”) as the Bank enters a embedding ethical conduct, accountability,
new era through the introduction of the Bullion transparency, and sustainability principles across
Bank service. As the first Sharia bank in Indonesia all organizational levels, BSI reinforces stakeholder
to provide a dedicated Bullion Bank offering, this confidence and supports balanced value creation.
transformation reflects BSI’s commitment to Governance practices are closely integrated with
placing trust, values, and long-term sustainability environmental and social responsibility initiatives,
at the core of its business strategy. Gold is enabling the Bank to strengthen its reputation,
positioned not merely as a financial asset, but as respond to market expectations, and support
a symbol of stability, intergenerational value, and inclusive economic growth.
resilience, principles that are deeply rooted in
Islamic tradition and reinforced through modern Through robust governance, prudent risk
financial innovation. management, and continuous improvement,
BSI affirms its commitment to leading the
In navigating this strategic milestone, BSI development of a resilient Sharia financial
continues to strengthen the implementation of ecosystem. This commitment underpins the
Good Corporate Governance (GCG) as an integral Bank’s role as the Bullion Bank, providing
part of its overall business direction. The Bank direction, confidence, and sustainable benefits
consistently aligns its governance framework for stakeholders, while contributing meaningfully
with prevailing national regulations and relevant to Indonesia’s long-term economic and social
international standards, while continuously progress.
updating internal policies to remain responsive
to evolving regulatory developments, industry
dynamics, and increasingly complex risk
landscapes. Strong governance and disciplined
risk management ensure that every innovation,
business strategy, and work plan of the Bank,
including the development of digital services and
the expansion of the Bullion Bank, is carried out on
a secure, transparent, and accountable foundation,
while remaining guided by sharia principles and
applicable laws and regulations.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BASIS AND GUIDELINES
FOR IMPLEMENTING GCG
As a sharia bank, the primary foundation for •• POJK No. 21/POJK.04/2015 concerning the
implementing Sharia principles in all activities Application of Guidelines for Open Company
of BSI is the Quran and Hadith. These Sharia Governance and its amendments.
principles are executed by BSI with good corporate •• POJK No. 31/POJK.04/2015 concerning
governance, which adheres to various provisions Disclosure of Material Information or Facts
and laws of the Republic of Indonesia regulating by Issuers or Public Companies.
BSI as a limited liability company, bank, and •• POJK No. 55/POJK.04/2015 regarding the
publicly listed company, as follows: Establishment and Guidelines for the
1. Law No. 40 of 2007 concerning Limited Liability Operation of Audit Committees.
Companies as amended by Government •• POJK No. 56/POJK.04/2015 regarding the
Regulation in Lieu of Law No. 2 of 2022 Establishment and Guidelines for the
concerning Job Creation as stipulated into Law Preparation of Internal Audit Unit Charters.
based on Law No. 6 of 2023 concerning the •• SEOJK No. 15/SEOJK.03/2015 concerning the
Enactment of Government Regulation in Lieu Application of Integrated Governance for
of Law No. 2 of 2022 concerning Job Creation Financial
into Law. •• SEOJK No. 32/SEOJK.04/2015 concerning
2. Law No. 8 of 1995 concerning the Capital Market Guidelines for Public Company Governance.
as amended by Law No. 4 of 2023 concerning •• POJK No. 27/POJK.03/2016 concerning the
the Development and Strengthening of the Assessment of Competence and Fitness for
Financial Sector (“UU P2SK”). Primary Parties of Financial Institutions.
3. Law No. 21 of 2008 concerning Sharia Banking •• POJK No. 65/POJK.03/2016 regarding the
as amended by UU P2SK. Implementation of Risk Management
4. Collection of Fatwas from the National Sharia for Sharia Commercial Banks and Sharia
Board - Indonesian Ulema Council. Business Units including all changes and
5. Regulations of the Financial Services Authority implementation provisions.
(POJK) and Circular Letters of the Financial •• POJK No. 46/POJK.03/2017 regarding the
Services Authority (SEOJK), particularly Implementation of Compliance Functions
concerning Governance, Annual Reports, Risk for Commercial Banks.
Management, and various OJK regulation •• POJK No. 11/POJK.04/2017 concerning
and SEOJK related to the implementation of Ownership Reports or Any Changes in
governance, include: Ownership of Shares of Public Companies.
•• POJK No. 18/POJK.03/2014 regarding the •• SEOJK No. 13/SEOJK.03/2017 concerning
Implementation of Integrated Governance Implementation of Governance for
for Financial Conglomerates. Commercial Banks.
•• POJK No. 8/POJK.03/2014 concerning •• POJK No. 37/POJK.03/2019 concerning
the Assessment of the Soundness Level Transparency and Publication of Bank
of Sharia Commercial Banks and Sharia Reports.
Business Units. •• POJK No. 39/POJK.03/2019 regarding the
•• POJK No. 33/POJK.04/2014 regarding Implementation of Anti-Fraud Strategies for
the Board of Directors and Board of Commercial Banks.
Commissioners of Issuers or Public •• POJK No. 15/POJK.04/2020 concerning the
Companies. Planning and Conduct of General Meetings
•• POJK No. 34/POJK.04/2014 regarding the of Shareholders of Public Companies.
Nomination and Remuneration Committee •• POJK No. 16/POJK.04/2020 concerning
of Issuers or Public Companies. the Implementation of General Meetings
•• POJK No. 35/POJK.04/2014 concerning the of Shareholders of Public Companies
Corporate Secretary of Issuers or Public Electronically.
Companies. •• POJK No. 16/POJK.03/2022 of 2022
concerning Sharia Commercial Banks.
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BASIS AND GUIDELINES FOR IMPLEMENTING GCG
•• POJK No. 17 of 2023 concerning the •• SEOJK No. 14/SEOJK.03/2025 of 2025
Application of Governance for Commercial concerning the Application of Governance
Banks. for Commercial Banks.
•• POJK No. 9 of 2023 concerning the Use of •• Other related OJK Regulation and OJK
Public Accountant Services and Public Circular Letter.
Accounting Firms in Financial Services 6. Regulation of the Minister of State-Owned
Activities. Enterprises (SOE) of the Republic of Indonesia
•• POJK No. 2 of 2024 concerning the (PERMEN BUMN), regulating SOEs subsidiaries,
Implementation of Sharia Governance such as PERMEN BUMN No. PER-3/
for Sharia Commercial Banks and Sharia MBU/03/2023 concerning Organs and Human
Business Units. Resources of State-Owned Enterprises (SOE).
•• POJK No. 4 of 2024 concerning Ownership
Reports or Any Changes in Share Ownership Moreover, the Bank adopts various best governance
of Public Companies and Reports on standards that apply both domestically and
Activities of Pledged Shares of Public internationally and increases the scope of GCG
Companies. implementation, including as follows:
•• SEOJK No. 10/SEOJK.03/2020 concerning 1. Principles of Corporate Governance developed
Transparency and Publication of Reports of by the Organization for Economic Cooperation
BUS and UUS. and Development (OECD).
•• SEOJK No. 10/SEOJK.03/2020 on 2. ASEAN Corporate Governance (CG) Scorecard
Transparency and Publication of BUS and issued by the ASEAN Capital Market Forum
UUS Reports. (ACMF).
•• SEOJK No. 25/SEOJK.03/2023 concerning 3. Guidelines for Indonesian Corporate
Implementation of Risk Management Governance (PUGKI) developed by the National
for Sharia Commercial Banks and Sharia Governance Policy Committee (KNKG).
Business Units 4. Principles for Enhancing Corporate Governance
•• SEOJK No. 15/SEOJK.03/2024 concerning issued by the Basel Committee on Banking
Implementation of Sharia Governance Supervision.
for Sharia Commercial Banks and Sharia
Business Units.
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ROADMAP CORPORATE
GOVERNANCE
2021 2022
Awareness of and commitment to the implementation of •• Conducted a Rights Issue
Good Corporate Governance (GCG) at BSI began as early as to strengthen BSI’s capital
the merger process for the establishment of Bank Syariah structure.
Indonesia. During this integration stage, BSI adopted various •• Became the first Islamic
best practices from each of the legacy banks, which were Bank to obtain ISO 37301:2021
then aligned, refined, and implemented across all corporate Compliance Management
activities. Subsequently, BSI has continued to improve the System certification.
implementation of GCG through the following initiatives: •• In continuing the process of
•• Establishment of committees under the coordination of enhancing governance practices
the Board of Commissioners, namely: and as a demonstration of
»» Audit Committee commitment and consistency
»» Risk Monitoring Committee in its implementation, BSI
»» Remuneration and Nomination Committee aligned its governance
•• Establishment of the Corporate Secretary. practices by adopting principles
•• Conducting the General Meeting of Shareholders in developed by the Organisation
accordance with the prevailing laws and regulations for Economic Cooperation
applicable to public companies. and Development (OECD)
•• Carrying out timely Information Disclosure, including in and endorsed by the ASEAN
the publication of Financial Statements, Information, as Capital Market Forum (ACMF),
well as material events or facts. known as the ASEAN Corporate
•• Preparing the Annual Report in a timely, adequate, clear, Governance (CG) Scorecard..
and accurate manner, while taking into account the
interests of minority shareholders.
In addition, BSI is also strongly committed to implementing
anti-gratification principles, as evidenced by the signing of
an Integrity Pact by all employees. BSI has also obtained ISO
37001:2016 certification on the Anti-Bribery Management
System (ABMS) for the Procurement & Fixed Asset Group
area.
In order to evaluate the quality of corporate governance
implementation, BSI participates in a corporate governance
research and rating program, namely the Corporate
Governance Perception Index (CGPI), organized by an
independent institution. In the 2020 CGPI program conducted
in 2021 under the theme “Building Corporate Resilience
within the Good Corporate Governance Framework,” BSI
succeeded in obtaining the “Highly Trusted” predicate with
a score of 88.89.
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2023 2024
•• BSI successfully maintained •• BSI once again successfully maintained the ISO 37301:2021
the ISO 37301:2021 Compliance Certification for the Compliance Management System.
Management System certification. •• BSI successfully completed the recertification of ISO
•• BSI successfully maintained 37001:2016 Anti-Bribery Management System at the
the ISO 37001:2016 Anti-Bribery Procurement & Fixed Asset Group and expanded the
Management System certification scope of ISO 37001:2016 Anti-Bribery Management
at the Procurement & Fixed Asset System at BSI University.
Group. •• As a manifestation of BSI’s commitment to implementing
•• BSI once again achieved the “Highly Good Corporate Governance and as a public company
Trusted” predicate with a score of that practices information transparency, BSI discloses
91.50 in the Corporate Governance its best practices adopting the ACGS principles on the
Perception Index (CGPI) assessment. Company’s website.
•• Conducted four (4) dissemination •• For the first time, BSI conducted a compliance maturity
sessions on strengthening assessment, reflecting the level of BSI’s compliance with
gratification control in collaboration internal and external regulations as well as prevailing
with the Corruption Eradication laws.
Commission (KPK).
2025
•• BSI once again maintained the ISO 37001:2016 Anti-Bribery Management System Certification
at the Procurement & Fixed Asset Group and expanded the scope of ISO 37001:2016 Anti-Bribery
Management System at BSI University.
•• BSI successfully completed the recertification of ISO 37301:2021 Compliance Management
System.
•• BSI again obtained the “Highly Trusted” predicate with a score of 92.25 in the Corporate
Governance Perception Index (CGPI) assessment.
•• BSI improved the maturity measurement methodology through the addition of assessment
dimensions, increased indicator depth, as well as expanded respondent coverage encompassing
all group work units at the head office. This update was designed to produce a more
comprehensive, representative, and accurate compliance maturity evaluation, so that it can be
used as a basis for decision-making in strengthening compliance governance throughout the
organization.
•• In 2025, BSI once again demonstrated its commitment to Good Corporate Governance and
information transparency through the disclosure of best practices based on the principles of
the ASEAN Corporate Governance Scorecard (ACGS) on the Company’s website.
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CORPORATE GOVERNANCE
IMPLEMENTATION IN 2025 &
PLANS FOR 2026
Corporate Governance Implementation in 2025 6. Strengthening Training and Development
Throughout 2025, BSI continued to strengthen policies to enhance human resource
its corporate governance practices through the competencies and build a professional,
following initiatives: accountable, and ethical work environment.
7. Strengthening the Compliance Culture
1. Continuous enhancement of the through the measurement of the Compliance
implementation of corporate governance to Maturity Index (CMI).
ensure alignment with regulatory requirements 8. Expanding the scope of ISO 37301:2021
and best practices. Compliance Management System within the
2. Fulfilment of the ASEAN Corporate Governance Compliance Group.
Scorecard (ACGS) framework as part of 9. Conducting Surveillance Audit II for ISO
benchmarking governance performance at the 37001:2016 Anti-Bribery Management System
regional level. (ABMS).
3. Implementation of self-assessments of
corporate governance implementation across Implementation of Governance within the Bank
the Bank. Business Group
4. Participation in external governance BSI is a member of Bank Mandiri’s Bank Business
assessments, including the Corporate Group (KUB), which is implemented consistently
Governance Perception Index, to measure and sustainably to ensure the application of
governance quality and credibility. corporate governance principles. In 2025, the
5. Implementation of anti-corruption
structure of Bank Mandiri’s KUB was as follows:
socialisation programmes to strengthen
integrity and compliance with applicable laws
and regulations. Subsidiaries
Parent
6. Deepening understanding of the Insider Company No Company Name
% Percentage of
Share Ownership
Trading Policy to ensure transparency and
PT Bank Mandiri 1 PT Bank Syariah 51,47%
compliance in securities transactions by (Persero) Tbk Indonesia Tbk
internal parties.
2 PT Bank Mandiri 51,098%
7. Enhancement of Training and Development Taspen
policies to strengthen human capital 3 Bank Mandiri 100,00%
competencies and foster a professional, (Europe) Limited
accountable, and ethical work environment.
8. Strengthening the Compliance Culture Implementation of Governance in the Bank’s
through the measurement of the Compliance Strategic Plan
Maturity Index (CMI). In preparing the Bank’s Strategic Plan, BSI always
prioritizes the implementation of corporate
Corporate Governance Initiatives for 2026 governance in accordance with the applicable
To strengthen the quality of corporate governance provisions. The presentation of the Bank’s strategic
implementation, BSI has established the following plan and its realization has been set out in the
governance initiatives for 2026: Management Discussion and Analysis chapter on
1. Continuing the continuous improvement of Corporate Strategy.
good corporate governance implementation.
2. Conducting self-assessments of the Implementation of Sustainable Finance
implementation of good corporate governance. The Bank’s commitment to implementing
3. Fulfillment of the ASEAN Corporate sustainable finance principles is realized through
Governance Scorecard (ACGS) framework the integration of environmental, social, and
and self-assessment as part of benchmarking governance aspects into its business strategy
governance performance at the regional level. and banking operations. This step represents
4. Participation in external governance the Bank’s tangible contribution in supporting
assessments, including the Corporate Environmental, Social, and Governance (ESG)
Governance Perception Index, to measure the principles and creating long-term added value for
quality and credibility of governance. all stakeholders. Further information regarding
5. Conducting dissemination related to the the Implementation of Sustainable Finance is set
implementation of anti-gratification principles out in the Social and Environmental Responsibility
to strengthen integrity and compliance with chapter.
prevailing laws and regulations.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
GOVERNANCE GUIDELINES PRACTICES
FOR PUBLIC COMPANIES
Implementation of Aspects and Principles of Governance for Public Companies in Accordance with
Financial Services Authority Provisions
BSI consistently implements the aspects and principles of Corporate Governance for Public Companies
by referring to POJK No. 21/POJK.04/2015 dated 16 November 2015 on Corporate Governance Guidelines
Practices for Public Companies, as further elaborated in SEOJK No. 32/SEOJK.04/2015 dated 17 November
2015 on Corporate Governance Guidelines for Public Companies. These regulations serve as the foundation
for BSI in strengthening its corporate governance structure, processes, and practices. The following
section outlines the implementation of corporate governance aspects and principles at BSI:
Principle Recommendation Implementation at Bank BSI
Aspect 1: Relationship Between the Public Company and Shareholders in Ensuring Shareholder Rights.
Principle 1: 1.1 At both the Annual General Meeting of Shareholders (AGMS)
Increasing the Public Companies have technical and the Extraordinary General Meeting of Shareholders
Value of Holding methods or procedures for (EGMS), Bank Syariah Indonesia (BSI) has implemented
the General collecting votes, both openly voting procedures conducted either openly or by secret
Meetings of and secretly, which prioritize ballot as stipulated in the Rules of the GMS. Voting is carried
Shareholders independence. out by shareholders attending physically through the system
(GMS). provided by the Company’s Share Registrar, as well as by
shareholders attending electronically through the Electronic
General Meeting System (eASY.KSEI) provided by KSEI.
At the Annual GMS held in 2025, the voting mechanism was
conducted whereby shareholders or their proxies who cast
abstention votes or votes against a proposal were requested
to raise their hands and submit their voting cards, while those
who did not raise their hands were deemed to have approved
the proposal under discussion. Voting was also conducted
electronically (e-voting) for shareholders who did not
attend physically or who granted their proxies electronically
(e-proxy) through the eASY.KSEI facility provided by KSEI. The
vote counting process was conducted by an independent
party, namely the Share Registrar, PT Datindo Entrycom.
Accordingly, the independence and interests of shareholders
were safeguarded throughout the voting process.
The Company has prepared the Rules of the GMS, which
can be downloaded from the Company’s website together
with the GMS invitation at the time of the meeting. The
Rules of the GMS are also made available to shareholders for
download during the GMS via a QR code provided, and the key
provisions of the Rules of the GMS are read out prior to the
commencement of the GMS.
Status: Comply
1.2 At the Annual GMS held in 2025, all members of the Board
All members of the Board of of Directors and the Board of Commissioners of BSI were in
Directors and members of the attendance.
Board of Commissioners of the
Public Company attended the Status: Comply
AGMS.
1.3 Summaries of the minutes of the GMS held in 2025, in both
A summary of the minutes of the Indonesian and English, were announced two (2) business
GMS is available on the Public days after the GMS and uploaded to the BSI website, the IDX
Company Website for at least 1 website, and the eASY KSEI platform (KSEI website).
(one) year. Status: Comply
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GOVERNANCE GUIDELINES PRACTICES FOR PUBLIC COMPANIES
Principle Recommendation Implementation at Bank BSI
Principle 2: 2.1 BSI has established a communication policy for shareholders
Improving Public Companies have a and investors as stipulated in the Corporate Secretary &
the Quality of communication policy with Communication Standard Operating Procedures (SOP),
Public Company shareholders or investors. Chapter V. Communication conducted by BSI includes the
Communication implementation of the General Meeting of Shareholders,
with Shareholders Public Expose, Analyst Meetings, the publication of Financial
or Investors. Statements and Annual Reports, as well as the timely and
accurate disclosure of information. In addition, BSI provides
accessible information through its website, which also
contains details of the head office and branch office addresses,
email contact, social media access, and contact center
facilities, enabling shareholders and investors to communicate
efficiently with the Bank.
Status: Comply
2.2 BSI consistently manages the information on its website to
Public Companies disclose ensure that the Company’s shareholders and investors can
the Public Company’s access the latest information related to BSI.
communication policy with
shareholders or investors on the Status: Comply
Website.
Aspect 2: Functions and Roles of the Board of Commissioners
Principle 3: 3.1 BSI has complied with the provisions of Article 20 of POJK No.
Strengthening Determination the number 33/POJK.04/2014 concerning the Board of Directors and Board
the Membership of members of the Board of of Commissioners of Issuers or Public Companies, which
and Composition Commissioners takes into account requires the Board of Commissioners to consist of more than
of the Board of the conditions of the Public two (2) members.
Commissioners. Company.
As of 31 December 2025, the members of the Board of
Commissioners consisted of 1 (one) President Commissioner,
3 Commissioners, and 4 (four) Independent Commissioners.
Status: Comply
3.2 The Board of Commissioners of BSI has a diversity of expertise,
Determining the composition knowledge, and experience aimed at supporting the
of the members of the Board development of BSI’s business. This is reflected in the profiles
of Commissioners which into of each member of the Board of Commissioners available on
diversity of skills, knowledge and the Company’s website.
experience required. Status: Comply
Principle 4: 4.1 The Board of Commissioners has established a self-
Improving The Board of Commissioners has assessment policy as stipulated in the Board of
the quality of a self-assessment policy to assess Commissioners’ Charter.
the Board of the performance of the Board of
Commissioners Commissioners. Status: Comply
duty
implementations 4.2 e self-assessment policy for evaluating the performance of the
and The self-assessment policy for Board of Commissioners has been disclosed in this Annual
responsibilities. assessing the performance of the Report.
Board of Commissioners is disclosed Status: Comply
in the Annual Report of the Public
Company.
4.3 The Board of Commissioners has established a policy governing
The Board of Commissioners has a the resignation of members of the Board of Commissioners in
policy regarding the resignation the event of involvement in financial crimes, as stipulated in
of members of the Board of BSI’s Corporate Governance Standard Operating Procedures
Commissioners if they are (SOP).
involved in financial crimes. Status: Comply
4.4 The succession policy has been stipulated in the BSI’s
The Board of Commissioners or Remuneration & Nomination Committee Charter.
the Committee that carries out the Status: Comply
Remuneration and Nomination
function prepares a succession
policy in the nomination process
for members of the Board of
Directors.
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GOVERNANCE GUIDELINES PRACTICES FOR PUBLIC COMPANIES
Principle Recommendation Implementation at Bank BSI
Aspect 3: Functions and Roles of the Board of Directors
Principle 5: 5.1 BSI has complied with the provisions of Article 20 of POJK No.
Strengthening the Determination of the number of 33/POJK.04/2014 concerning the Board of Directors and Board
Membership and members of the Board of Directors of Commissioners of Issuers or Public Companies, which
Composition of the takes into account the conditions requires the Board of Directors of an Issuer or Public Company
Board of Directors. of the Public Company and the to consist of at least two (2) members.
effectiveness of decision making. As of 31 December 2025, BSI’s Board of Directors comprised
10 (ten) members, consisting of 1 (one) President Director,
1 (one) Vice President Director, and 8 (eight) Directors. The
determination of the number and composition of the Board of
Directors has taken into account the complexity and business
needs of BSI.
Status: Comply
5.2 The Board of Directors of BSI has a diverse range of expertise,
Determining the composition of knowledge, and experience, as reflected in the profiles of each
the Board of Directors members Director available on the Company’s website. This diversity
takes into account the diversity of and the number of Directors are essential to provide the best
skills, knowledge and experience alternative solutions to the Bank’s challenges, in line with the
required. Bank’s needs, scale, and business complexity.
Status: Comply
5.3 The Director responsible for accounting or finance at BSI is
Members of the Board of the Director of Finance & Strategy, Mr. Ade Cahyo Nugroho,
Directors who oversee the whose education, experience, and competencies in the field of
accounting or finance sector have finance are detailed in his profile available on the Company’s
expertise and/or knowledge in website.
the accounting sector. Status: Comply
Principle 6: 6.1 The Board of Directors has established a self-assessment policy.
Improving the The Board of Directors has a self- The performance of the Board of Directors is evaluated through
Implementation assessment policy to assess the a self-assessment mechanism to assess the implementation
Quality of the performance of the Board of of the Board’s performance, as stipulated in BSI’s Corporate
Board of Directors’ Directors Governance Standard Operating Procedures (SOP).
Duties and Status: Comply
Responsibilities.
6.2 The self-assessment policy for evaluating the performance
The self-assessment policy for of the Board of Directors has been disclosed in this Annual
assessing the performance of the Report.
Board of Directors is disclosed Status: Comply
in the annual report of the Public
Company.
6.3 The Board of Directors has established a policy governing
The Board of Directors has a the resignation of members of the Board of Directors in the
policy regarding the resignation event of involvement in financial crimes, as stipulated in BSI’s
of members of the Board of Corporate Governance Standard Operating Procedures (SOP.
Directors if they are involved in Status: Comply
financial crimes.
Aspect 4: Stakeholders Participation
Principle 7: 7.1 To prevent insider trading, BSI has established a policy
Improving Public Companies have policies to governing such matters as stipulated in the Corporate
company prevent insider trading. Secretary & Communication Standard Operating Procedures
governance (SOP).
aspects through Status: Comply
Stakeholder
Participation. 7.2 BSI has implemented an Anti-Fraud Policy, which serves as the
Public Companies have anti- main foundation for the application of its anti-fraud strategy
corruption and anti-fraud policies. through four (4) pillars of the fraud control system, namely:
1. Fraud Prevention;
2. Fraud Detection;
3. Fraud Investigation, Reporting, and Sanctions; and
4. Fraud Monitoring, Evaluation, and Follow-Up.
BSI’s Anti-Fraud Policy is accessible on the BSI website.
In addition, BSI has established Operational Technical
Guidelines (PTO) for Gratification Control.
Status: Comply
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GOVERNANCE GUIDELINES PRACTICES FOR PUBLIC COMPANIES
Principle Recommendation Implementation at Bank BSI
7.3 BSI has established a Goods and Services Procurement Policy,
Public Companies have a comprising the Procurement Standard Operating Procedures
policy on the selection and (SOP) and Procurement Operational Technical Guidelines
improvement of supplier or (PTO.
vendor capabilities. Status: Comply
7.4 BSI has established policies relating to the fulfilment of
Public Companies have a policy creditors’ rights, which serve as guidelines in extending credit
regarding the fulfillment of facilities. Policies on the fulfilment of creditors’ rights are
creditors’ rights regulated in BSI’s Policies, Standards, and Product Manuals.
Status: Comply
7.5 BSI has established a whistleblowing system policy that refers
Public Companies have a to the Corporate Governance Policy and Internal Audit SOP of
whistleblowing system policy BSI, and such policy has been published on the BSI website
(www.bankbsi.co.id)
Status: Comply
7.6 BSI has established a policy on the provision of long-term
The Public Company has a policy incentives for members of the Board of Directors, as regulated
of providing long-term incentives in the Remuneration & Nomination Committee Charter as well
to Directors and employees. as policies related to employee remuneration.
Status: Comply
Aspect 5: Information Transparency
8.1 BSI consistently manages the Company’s website in an
Public Companies utilize optimal manner to ensure that information accessed by
information technology wider shareholders, investors, and the public is current and accurate.
than Websites as a medium for In addition to the website, BSI also leverages technology such
information disclosure. as SMS Banking and Mobile Banking, as well as various social
media platforms including Instagram, Facebook, YouTube,
and Twitter, as channels for information disclosure.
Status: Comply
8.2 BSI has disclosed information regarding shareholders holding
The Annual Report of a Public 5% or more of the Company’s shares in this Annual Report.
Company discloses the ultimate Status: Comply
beneficial owner of shares in
the Public Company of at least
5% (five percent), in addition
to disclosure of the ultimate
beneficial owner of shares in the
Public Company through major
and controlling shareholders.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CORPORATE GOVERNANCE
ASSESSMENT
BSI conducts a comprehensive assessment of its corporate governance implementation through two
approaches, namely periodic internal self-assessments and external evaluations by independent parties.
External assessments are carried out through participation in the Corporate Governance Perception
Index (CGPI) and compliance with the ASEAN Corporate Governance Scorecard (ACGS). These approaches
ensure that BSI’s governance practices are objectively measured and aligned with best practices at both
the national and regional levels.
INTERNAL PARTY ASSESSMENT
Self-Assessment reports, and internal reporting.
As a form of commitment to implementing
good governance, BSI routinely conducts self- In Semester II 2025, the assessment of the three
assessments of GCG implementation. This Governance aspects was carried out on:
assessment is carried out every semester, namely 1. Implementation of the duties, responsibilities,
at the end of June and December, to assess the and authorities of the Board of Directors,
quality of the implementation of GCG principles 2. Implementation of the duties, responsibilities,
in accordance with regulatory provisions. The self- and authorities of the Board of Commissioners,
assessment results are classified into five ratings, 3. Implementation of the duties, responsibilities,
namely Rating 1 to Rating 5. and authorities of the Board of Commissioners,
4. Completeness and implementation of
Assessment Criteria committee duties;
The implementation of the self-assessment of GCG 5. Handling of conflicts of interest,
implementation refers to the SEOJK No.10/SEOJK. 6. Implementation of the compliance function,
03 /2014 Circular Letter, which covers 3 (three) 7. Implementation of the internal audit function,
governance aspects, namely governance structure, 8. Implementation of the external audit function,
governance process, and governance outcome. In 9. Implementation of risk management, including
Semester I 2025, the assessment of these three the internal control system,
governance aspects was carried out on: 10. Provision of remuneration,
1. Implementation of duties and responsibilities 11. Provision of funds to related parties and large
of the Board of Commissioners. exposures,
2. Implementation of duties and responsibilities 12. Integrity of reporting and information
of the Board of Directors. technology systems,
3. Completeness and performance of committee 13. The Bank’s strategic plan,
duties. 14. Shareholder aspects,
4. Implementation of duties and responsibilities 15. Implementation of anti-fraud strategy,
of the Sharia Supervisory Board. including anti-bribery,
5. Implementation of sharia principles in fund 16. Implementation of sustainable finance,
collection and distribution activities as well as including the implementation of social and
services. environmental responsibility;
6. Handling of conflicts of interest. 17. Implementation of governance within KUB.
7. Implementation of compliance functions.
8. Implementation of internal audit function. Assessors
9. Implementation of external audit function. The assessment of GCG implementation is
10. Legal Lending Limit (LLL). conducted through a self-assessment carried out
11. Transparency of financial and non-financial by the Compliance Group.
condition of Sharia Commercial Banks, Good
Corporate Governance implementation Assessment Score
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CORPORATE GOVERNANCE ASSESSMENT
GOOD CORPORATE GOVERNANCE FACTOR ASSESSMENT
The First Semester of 2025
Rating Rating Definition
The Bank’s management has implemented Good Corporate Governance in a
manner that is generally considered GOOD. This is reflected in the adequate
application of Good Corporate Governance principles. Any weaknesses identified
Individual 2
in the implementation of Good Corporate Governance principles are generally
not significant and can be addressed through normal corrective actions by the
Bank’s management.
Analysis
Based on the self-assessment results of the Governance Structure, Governance Process, and Governance
Outcome across the eleven (11) assessment factors of GCG implementation for the position as of Semester
I of 2025, the Bank’s management has implemented GCG in a manner that is generally considered GOOD,
as reflected in the following:
Assessment
Factors Implementation Results for 1st Semester of 2025
Factors
1. Implementation a. Effective members of the Board of Commissioners are domiciled in Indonesia and
of duties and do not hold concurrent positions except for matters stipulated under the prevailing
responsibilities provisions, and do not have family relationships with fellow members of the Board of
of the Board of Commissioners and/or members of the Board of Directors. Members of the Board of
Commissioners Commissioners possess adequate integrity, competence, and financial reputation to
support the execution of their duties and responsibilities, in addition to the ongoing
efforts made in continuous learning.
b. Effective members of the Board of Commissioners do not have financial,
management, ownership, or family relationships with fellow members of the Board
of Commissioners, the Board of Directors, and/or the Bank’s Controlling Shareholders.
c. The Board of Commissioners has established Rules of Procedure for the Board of
Commissioners in accordance with the prevailing laws and regulations as well as
governance best practices.
d. d. The execution of duties and responsibilities in the form of supervision, evaluation,
and independence by the Board of Commissioners has been satisfactory, including
ensuring the implementation of Governance principles in every business activity of
the Bank at all organizational levels or tiers, among others through meetings of the
Board of Commissioners or meetings of the Board of Commissioners together with the
Board of Directors or Directors on a regular basis to ensure that operational activities
have been conducted properly and in accordance with Governance principles.
All meeting results are set out in meeting minutes and properly documented.
Throughout Semester I of 2025, the following meetings were held:
Board of Joint Meetings with the
Internal Board of
Commissioners Board of Directors and
Commissioners
Meetings with the the Sharia Supervisory
Meetings
Board of Directors Board
8 (eight) times 5 (five) times 2 (two) times
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CORPORATE GOVERNANCE ASSESSMENT
Assessment
Factors Implementation Results for 1st Semester of 2025
Factors
2. Implementation a. The Bank has an effective number of Directors that fulfills the minimum
of duties and requirements stipulated under the prevailing provisions. All effective members of
responsibilities the Board of Directors are domiciled in Indonesia and fulfill all requirements set out
of the Board of under the prevailing provisions, including those relating to independence, integrity,
Directors competence, and good financial reputation to support the execution of their duties
and responsibilities as Directors.
b. None of the effective Directors violates the provisions regarding concurrent positions
as regulated under the prevailing regulations.
c. None of the effective Directors has:
1. Share ownership in another company amounting to 25% (twenty-five percent) or
more of the paid-up capital of that company.
2. Financial, management, ownership, or family relationships with fellow members
of the Board of Directors, the Board of Commissioners, and/or the Bank’s
Controlling Shareholders.
d. The Board of Directors has established the Internal Audit Work Unit, the Risk
Management Work Unit, and the Compliance Work Unit, and has followed up on the
findings of the Bank’s internal audit, external auditors, and the results of supervision
by OJK and/or other authorities and institutions.
e. The Board of Directors has established the Rules of Procedure for the Board of
Directors in accordance with the prevailing laws and regulations as well as governance
best practices.
f. The Board of Directors has determined strategic policies and decisions through Board
of Directors meetings effectively and efficiently, and every decision of the Board of
Directors Meeting is set out in the Minutes of the Board of Directors Meeting. During
Semester I of 2025, a total of 23 (twenty-three) Board of Directors meetings were held.
g. The Board of Directors has managed the Bank based on prudential principles, sharia
principles, and Governance principles. Audit findings have been followed up, and
other matters related to the governance process have been fulfilled with optimal
results.
3. Completeness and a. The Bank has established an Audit Committee, Risk Monitoring Committee, and
implementation of Nomination & Remuneration Committee, and has also established Charters/
Committee duties guidelines for carrying out their duties and responsibilities.
b. All Committees perform their duties independently and effectively through meetings
held regularly involving relevant work units in order to obtain comprehensive input
regarding operational activities.
c. Members of the Independent Board of Commissioners’ committees have carried out
their duties, responsibilities, and authorities with integrity, upheld independence,
demonstrated relevant competence, and maintained the Company’s reputation.
d. The Committees have carried out their functions in accordance with the prevailing
provisions by regularly submitting reports or recommendations in accordance with
their duties to the Board of Commissioners.
4. Implementation a. The competence, reputation, and independence of the DPS are in accordance with
of duties and the prevailing provisions so that it is able to carry out its duties and responsibilities
responsibilities properly.
of the Sharia b. The appointment/replacement of DPS members as well as the execution of their du-
Supervisory Board ties and responsibilities have been carried out properly in accordance with Gover-
nance principles and the prevailing provisions
c. During Semester I of 2025, the DPS carried out:
DPS Meetings DPS Opinions Issued Spot Check
16 23 6
5. Implementation of a. In general, the Bank has carried out fund collection, fund disbursement, and service
Syariah principles activities in accordance with sharia principles and the prevailing provisions. This is
in fund acquisition, supported by the adequate competence of the DPS.
fund distribution, b. The product development process and the implementation of the Bank’s fund
and services collection, fund disbursement, and service activities have generally been in
accordance with DSN-MUI fatwas and DPS opinions.
c. Fund collection, fund disbursement, and service activities already have Standard
Operating Procedures (SOP) that are in accordance with sharia principles.
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CORPORATE GOVERNANCE ASSESSMENT
Assessment
Factors Implementation Results for 1st Semester of 2025
Factors
6. Conflicts of Interest a. The Bank already has internal provisions aimed at preventing transactions that may
Management potentially involve conflicts of interest, including the Corporate Governance Policy of
Bank Syariah Indonesia, the Anti-Fraud Policy of Bank Syariah Indonesia, and Human
Capital Standard Operating Procedures (SOP).
b. During Semester I of 2025, there were no conflict of interest transactions involving
the Board of Directors, the Board of Commissioners, or the DPS, either directly or
indirectly.
c. The Bank’s internal policy regarding conflicts of interest is able to prevent conflicts of
interest from occurring, so that no losses arise for the Bank.
7. Implementation a. The Compliance Director does not hold a concurrent position as President Director
of Compliance and does not oversee business and operational functions, treasury, finance and
Function accounting, logistics and procurement of goods/services, or internal audit. The
compliance work unit is independent from operational work units and reports directly
to the Compliance Director.
b. In order to ensure that every internal provision and product launched by the Bank is
in accordance with the prevailing laws and regulations, every internal provision issued
is first subjected to a compliance review.
c. The Bank has submitted the principal report on the implementation of the duties
of the Director overseeing the Compliance Function in a timely manner. The scope
of the report on the implementation of the duties of the Director overseeing the
Compliance Function is in accordance with regulatory provisions.
8. Implementation a. The adequacy of the Governance structure aspect related to the implementation of
of Internal Audit the internal audit function has been adequate and is reflected as follows:
Function 1. The Bank has established an Internal Audit Work Unit (SKAI) that reports directly
to the President Director and is able to communicate directly with the Board of
Commissioners and/or the Audit Committee.
2. The Bank also has an Internal Audit Charter as well as internal provisions related
to Internal Audit, including the Internal Audit Policy of Bank Syariah Indonesia, the
Internal Audit Control Standard Procedure, and the Online Monitoring Follow-Up
List (DMTL) PTO.
3. The fulfillment and improvement of the quality of SKAI human resources continue
to be carried out in coordination with the human resources work unit.
b. The effectiveness of the Governance process related to the implementation of the
internal audit function has been adequate and is reflected as follows:
1. The Board of Directors together with SKAI seeks to ensure the implementation
of internal control at every management level through the performance of
examinations and actively encourages the completion of follow-up actions on
SKAI examination results.
2. SKAI findings in the Audit Result Reports have received disposition and direction
from the Board of Directors as well as follow-up actions monitored by SKAI and
reported to the Board of Commissioners.
3. SKAI has carried out its supervisory function independently, with an adequate
scope of duties and in accordance with the implementation plan and monitoring
of audit results.
c. The quality of the outcome of the implementation of the internal audit function has
been adequate and has met stakeholders’ expectations, as reflected in the reports
submitted by SKAI to the Board of Commissioners through the Audit Committee on
a regular basis, namely the realization of the audit plan, significant recommendations
and findings, as well as the completion of follow-up actions on audit results, and the
dispositions of the Board of Directors.
9. Implementation of a. The Bank has carried out the external audit function by public accountants and/or
the External Audit public accounting firms.
Function b. The audit carried out by the public accounting firm has been effective and has met
the stipulated criteria.
c. The appointment of the Public Accountant/Public Accounting Firm has been
in accordance with the minimum requirements stipulated under the prevailing
provisions. The audit was conducted by an independent Public Accountant/Public
Accounting Firm.
d. The quality and scope of the audit results of the Public Accountant/Public Accounting
Firm are in accordance with the prevailing provisions.
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CORPORATE GOVERNANCE ASSESSMENT
Assessment
Factors Implementation Results for 1st Semester of 2025
Factors
10. Batas Maksimum a. The Bank has written policies, systems, and procedures regarding the provision of
Penyaluran Dana funds to related parties and large exposures, including monitoring and problem
(BMPD) resolution.
b. The Bank has periodically evaluated and updated its policies, systems, and procedures
related to the Legal Lending Limit (BMPD), to align them with the prevailing provisions
and laws and regulations, and has ensured that the provision of funds to related
parties and large exposures has been in accordance with prudential principles.
c. The Bank has periodically submitted reports on the Legal Lending Limit (BMPD)
to the Financial Services Authority in a timely manner. The implementation of the
Bank’s provision of funds to related parties and/or large exposures has complied with
the prevailing provisions regarding the Legal Lending Limit (BMPD) and has taken
into account prudential principles and the prevailing laws and regulations, as well as
capital capacity and diversification of the funding portfolio.
11. Transparency a. The Bank’s Internal Reporting System provides data and information in a timely,
of Financial and accurate, complete, reliable, and effective manner for management decision-making,
Non-Financial supported by the Bank’s Information Technology System related to adequate
Conditions of the maintenance of assets and information.
Sharia Commercial b. The Bank transparently provides financial and non-financial information to the public
Bank (BUS), GCG through the website www.bankbsi.co.id
Implementation c. and social media platforms that are easily accessible by the public and all stakeholders.
Report, and Financial and non-financial reports have also been submitted to regulators and
Internal Reporting stakeholders in accordance with the prevailing provisions.
d. The scope of financial and non-financial information is available in a timely and
complete manner in accordance with the prevailing provisions.
e. d. The Governance Implementation Report has been submitted to stakeholders in a
timely manner in accordance with the prevailing provisions. The 2024 Financial Year
Governance Implementation Report was submitted to OJK through letter No. 05/802-
3/DIR-CPG, dated April 24, 2025.
Considering the conclusions outlined above, the strengths and weaknesses of GCG implementation at
Bank Syariah Indonesia are explained below:
1. The Strength of GCG Implementation
a. Governance Structure
In general, the Bank has established a comprehensive governance structure and infrastructure in
compliance with applicable regulations to support the implementation of GCG principles across all
work lines and operations, aiming to achieve outcomes that meet stakeholder expectations.
b. Governance Process
In general, the implementation of GCG has been in accordance with applicable regulations, as
reflected in the Bank’s compliance with its obligations to regulators and the fulfillment of its
responsibilities to all stakeholders.
c. Governance Outcome
The outcome of GCG implementation at Bank Syariah Indonesia can be observed through the
Bank’s financial and non-financial achievements. Financially, this is reflected in the key financial
performance indicators up to June 2024 (unaudited), as presented in the following table.
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Sector June Description
Company’s profit 3,619.15 BSI’s performance in June 2025 improved on a YoY basis,
including:
Total of Asset 400,025.85
1. The Company’s profit increased due to 3 (three) factors,
OHC 6,027.55 as follows:
Financing 293,236.84 a. Increased margin income
b. Increased Fee Based Income
Third Party Funding 322,905.17 c. Controlled increase in OHC
a. Current Account 58,203.74 2. Assets increased due to 2 (two) factors, as follows:
a. Increased Third-Party Funds (DPK)
b. Saving 141,275.96
b. Increased Financing
c. Deposit 123,425.47
CASA 199,479.70
Meanwhile, for non-financial performance during Semester I 2025, the Bank received a total of 79
(seventy-nine) awards, including:
a. Indonesia Top Sharia Awards 2025 (The Iconomics)
b. The Best Sharia Bank in Satisfaction, Loyalty, Engagement 2025 (Infobank)
c. Best Bank for Islamic Wealth Management Solutions in Indonesia 2025 (Cambridge IFA)
d. Best Mudharabah Sukuk in Southeast Asia 2024 (Alpha Southeast Asia)
e. Best Islamic Bank (IFN Magazine)
f. Indonesia Best Sharia Bank 2025 with the Enhancement of Sharia Finance Inclusivity and Accessibility
through Digital Services Innovation - Category: Sharia Bank - KBMI 3 (Warta Ekonomi)
g. Most Trusted Financial Brands Awards 2025 (Investortrust)
h. The World’s Best Islamic Bank for ESG (Euromoney)
i. Sukuk Deal of The Year (Republika)
j. 20 Top Companies To Watch In 2025 (Bloomberg Technoz)
2. Weaknesses in GCG Implementation
1. There were 5 (five) Directors and 7 (seven) members of the Board of Commissioners appointed at
the Annual GMS on 16 May 2025 namely:
Board of Directors:
No Nama Position
1 Anggoro Eko Cahyo President Director
2 Arief Adhi Sanjaya Director of Compliance & Human Capital
3 Kemas Erwan Husainy Director of Retail Banking
4 Muharto Hadi Suprapto Director of Information Technology
5 Firman Nugraha Director of Treasury & International Banking
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Board of Commissioners:
No. Name Position
1 Muhadjir Effendy President Commissioner
2 Kamaruddin Amin Commissioner
3 Mochamad Agus Rofiudin Commissioner
4 Nizar Ahmad Saputra Independent Commissioner
5 Addin Jauharudin Independent Commissioner
6 Muhammad Syafii Antonio Independent Commissioner
7 Meidy Ferdiansyah Commissioner
2. In relation to the condition in point 1 (one) obtain OJK approval, so that approval from
above, we convey the following: OJK is obtained prior to the implementation
a. The Bank does not yet have a President of the GMS.
Commissioner who has been effectively
serving. 4. Based on the self-assessment results on
b. The total number of members of the governance process, there were still fund-
Board of Commissioners does not yet raising and/or fund-disbursement activities
meet the minimum requirement of at that were not yet fully in accordance
least 3 (three) persons. with Sharia principles, although all Bank
c. The Chair of the Audit Committee, products were in accordance with DSN-
the Chair of the Remuneration and MUI Fatwas and DPS Opinions, and all
Nomination Committee, and the Chair related SOPs had been prepared through
of the Risk Monitoring Committee are an adequate mechanism. Mapping of
held by the same 1 (one) Independent the root causes of non-conformity in the
Commissioner, namely Ms. Fellicitas implementation of sharia principles in fund-
Tallulembang, thereby not complying raising and/or fund-disbursement activities
with the prohibition on holding was carried out, among others, through
concurrent positions as chairperson in optimizing sharia compliance, sharia risk
more than 1 (one) committee. management, and sharia audit, where
d. The Bank does not yet have a President awareness and competency aspects, as the
Director and a Director overseeing the dominant issues, were followed up through
Compliance Function who are effectively the implementation of sharia collaborative
serving. forums, competency certification on sharia
The Bank will accelerate the fit & proper test aspects for network employees, as well as
process for the Board of Commissioners and literacy for the three pillars (risk – operational
Board of Directors so that the minimum – business).
adequacy requirements and concurrent
position restrictions referred to above can be 5. There were still fines from regulators
fulfilled. that need to be followed up and require
management’s attention. At present, the
3. The dismissal of the Director overseeing the Bank has carried out root cause analysis
Compliance Function and the Independent identification, which is used to determine
Commissioner before the expiry of their follow-up actions in an effort to mitigate the
term of office, as carried out at the Annual recurrence of similar fines in the subsequent
GMS on 16 May 2025, had not yet obtained period.
approval from OJK. The Bank will improve
coordination with shareholders in the
event that there are board members to be
appointed or dismissed who are required to
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Assessment of Good Corporate Governance Factors
The Second Semester of 2025
Rating Ratings Definition
The Bank’s management has implemented Good Corporate Governance in a
manner that is generally considered GOOD. This is reflected in the adequate
application of Good Corporate Governance principles. Any weaknesses identified
Individual 2
in the implementation of Good Corporate Governance principles are generally not
significant and can be addressed through normal corrective actions by the Bank’s
management.
Analysis
Based on the results of the Self-Assessment on the aspects of Governance Structure, Governance Process,
and Governance Outcome over the 17 (seventeen) Governance Implementation Assessment Factors
for Semester II 2025, the Bank’s Management has implemented GCG in a generally Good manner, as
reflected in the following matters:
Assessment
Factors Implementation Results for 2nd Semester of 2025
Factors
1. Implementation a. All members of the Bank’s Board of Directors have passed the fit and proper test
of the duties and conducted by OJK. The Bank has a Board of Directors whose number has met the
responsibilities minimum requirement based on the prevailing provisions. All members of the
of the Board of Board of Directors are domiciled in Indonesia and fulfill all requirements stipulated
Directors under the prevailing provisions, including those related to independence,
integrity, competence, and good financial reputation to support the execution of
their duties and responsibilities as Directors.
b. None of the Directors violates the provisions on concurrent positions as stipulated
in the regulations issued by the Regulator (in this case, the Financial Services
Authority, Bank Indonesia, and other prevailing laws and regulations).
c. None of the Directors has:
(i) Share ownership in another company amounting to 25% (twenty-five percent)
or more of the paid-up capital of that company.
(ii) financial, management, ownership, and family relationships with fellow
members of the Board of Directors, the Board of Commissioners, the DPS,
and/or the Bank’s Controlling Shareholders.
d. The Board of Directors has established the Internal Audit Work Unit, Risk
Management Work Unit, and Compliance Work Unit, and has followed up on
the findings of the Bank’s internal audit, external auditors, the results of OJK
supervision, and/or other institutions.
e. The Board of Directors has established the Rules of Procedure for the Board
of Directors in accordance with the prevailing laws and regulations as well as
governance best practices.
f. The Board of Directors has determined strategic policies and decisions through
Board of Directors Meetings effectively and efficiently, and every decision of the
Board of Directors Meeting is set out in the Minutes of the Board of Directors
Meeting. During Semester II of 2025, 29 (twenty-nine) Board of Directors meetings
were held.
g. None of the members of the Board of Directors has a family relationship up to the
second degree with members of the DPS. The Board of Directors has implemented
sharia governance through the adjustment of the Corporate Governance Policy
in accordance with POJK No. 2 of 2024 concerning the Implementation of
Sharia Governance for Islamic Commercial Banks and Sharia Business Units and
through the establishment of the sharia compliance function work unit, sharia
risk management function, and sharia internal audit function.
h. h. The Board of Directors has managed the Bank based on prudential principles,
sharia principles, governance principles, and sharia governance principles. Audit
findings have been followed up, and other matters related to the governance
process have been fulfilled and produced optimal results.
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Assessment
Factors Implementation Results for 2nd Semester of 2025
Factors
2. Implementation a. Effective members of the Board of Commissioners are domiciled in Indonesia
of the duties and and do not hold concurrent positions except for matters stipulated under the
responsibilities prevailing provisions, and do not have family relationships with fellow members of
of the Board of the Board of Commissioners and/or members of the Board of Directors. Members
Commissioners of the Board of Commissioners possess adequate integrity, competence, and
financial reputation to support the execution of their duties and responsibilities,
in addition to the ongoing efforts made in continuous learning.
b. Effective members of the Board of Commissioners do not have financial,
management, ownership, and family relationships with fellow members of the
Board of Commissioners, the DPS, the Board of Directors, and/or the Bank’s
Controlling Shareholders.
c. The Board of Commissioners has established Rules of Procedure for the Board of
Commissioners in accordance with the prevailing laws and regulations as well as
governance best practices.
d. In the context of implementing sharia governance, the Board of Commissioners
has held joint meetings with the DPS and the Board of Directors and has ensured
that the Board of Directors follows up on recommendations resulting from DPS
supervision.
e. The execution of duties and responsibilities in the form of supervision, evaluation,
and independence by the Board of Commissioners has been adequate, including
ensuring the implementation of governance principles in every business activity
of the Bank at all organizational levels or tiers, among others through meetings
of the Board of Commissioners or meetings of the Board of Commissioners
together with the Board of Directors or Directors on a regular basis to ensure
that operational activities have been conducted properly and in accordance with
governance principles. All meeting results are set out in meeting minutes and
properly documented. During Semester II of 2025, the following meetings were
held:
Board of Commissioners Joint Meetings with the
Internal Board of
Meetings with the Board of Directors and
Commissioners
Board of Directors the Sharia Supervisory
Meetings
Board
8 (eight) times 5 (five) times 4 (four) times
3. Implementation a. The competence, reputation, and independence of the DPS are in accordance with
of the duties and the prevailing provisions so that it is able to carry out its duties and responsibilities
responsibilities properly.
of the Sharia b. The appointment/replacement of DPS members as well as the execution of
Supervisory Board duties and responsibilities have been carried out properly in accordance with
Governance principles and the prevailing provisions.
c. During Semester II of 2025, the DPS held 14 (fourteen) DPS meetings and issued
32 (thirty-two) DPS Opinions.
4. Completeness and a. The Bank has established an Audit Committee, Risk Monitoring Committee,
implementation of and Nomination & Remuneration Committee and has also established Charters/
committee duties guidelines for carrying out their duties and responsibilities.
b. All Committees perform their duties independently and effectively through
meetings held regularly involving relevant work units in order to obtain
comprehensive input regarding operational activities.
c. Members of the Board of Commissioners’ committees from Independent Parties
have carried out their duties, responsibilities, and authorities with integrity,
upheld independence, demonstrated relevant competence, and maintained the
Company’s reputation.
d. The Committees have carried out their functions in accordance with the prevailing
provisions by regularly submitting reports or recommendations in accordance
with their duties to the Board of Commissioners.
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Assessment
Factors Implementation Results for 2nd Semester of 2025
Factors
5. Handling of a. The Bank already has internal provisions aimed at preventing transactions that
conflicts of interest may potentially involve conflicts of interest, including the Corporate Governance
Policy of Bank Syariah Indonesia, the Anti-Fraud Policy of Bank Syariah Indonesia,
and Human Capital Standard Operating Procedures (SOP).
b. During Semester II of 2025, there were no conflict of interest transactions involving
the Board of Directors, the Board of Commissioners, or the DPS, either directly or
indirectly.
c. c. The Bank’s internal policy regarding conflicts of interest is able to prevent
conflicts of interest from occurring so that no losses arise for the Bank.
6. Implementation a. The Compliance Director does not hold a concurrent position as President Director
of the compliance and does not oversee business and operational functions, treasury, finance and
function accounting, logistics and procurement of goods/services, or internal audit. The
compliance work unit is independent from operational work units and reports
directly to the Compliance Director.
b. In order to ensure that every internal provision and product launched by the Bank
is in accordance with the prevailing laws and regulations, every internal provision
issued is first subjected to a compliance review.
c. The Bank has established the Sharia Compliance Function under the member of
the Board of Directors overseeing the compliance function. This function carries
out monitoring, review, and control over the implementation of sharia principles in
all business activities independently. In addition, this unit coordinates periodically
with the Sharia Supervisory Board (DPS) to ensure the conformity of products,
activities, and policies with the provisions of DSN-MUI fatwas.
d. The Bank has submitted the principal report on the implementation of the duties
of the Director overseeing the Compliance Function in a timely manner. The scope
of the report on the implementation of the duties of the Director overseeing the
Compliance Function is in accordance with regulatory provisions.
7. Implementation of a. The adequacy of the Governance structure aspect related to the implementation
the internal audit of the internal audit function has been adequate and is reflected as follows:
function 4. The Bank has established an Internal Audit Work Unit (SKAI) that reports
directly to the President Director and is able to communicate directly with the
Board of Commissioners and/or the Audit Committee.
5. The Bank also has an Internal Audit Charter as well as internal provisions
related to Internal Audit, including the Internal Audit Policy of Bank Syariah
Indonesia, the Internal Audit Control Standard Procedure, and the Online
Monitoring Follow-Up List (DMTL) PTO.
6. The fulfillment and improvement of the quality of SKAI human resources
continue to be carried out in coordination with the human resources work
unit.
b. The effectiveness of the governance process related to the implementation of the
internal audit function has been adequate, as reflected in the following:
1. The Board of Directors together with SKAI seeks to ensure the implementation
of internal control at every management level through the performance of
examinations and actively encourages the completion of follow-up actions on
SKAI examination results.
2. SKAI findings in the Audit Result Reports have received disposition and
direction from the Board of Directors, and follow-up actions are monitored by
SKAI and reported to the Board of Commissioners.
3. SKAI has carried out its supervisory function independently, with an adequate
scope of duties and in accordance with the implementation plan and
monitoring of audit results.
c. The quality of the outcome of the implementation of the internal audit function
has been adequate and has met stakeholders’ expectations, as reflected in the
reports submitted by SKAI to the Board of Commissioners through the Audit
Committee on a regular basis, namely the realization of the audit plan; significant
recommendations and findings; as well as the completion of follow-up actions on
audit results and the dispositions of the Board of Directors.
d. The Bank has established the Sharia Internal Audit Function within the SKAI
work unit under the member of the Board of Directors and responsible for the
effectiveness of the implementation of the sharia internal audit function. The
sharia internal audit function is supported by an Executive Officer who reports
directly to the member of the Board of Directors overseeing the internal audit
function.
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Assessment
Factors Implementation Results for 2nd Semester of 2025
Factors
8. Implementation of a. The Bank has carried out the external audit function by public accountants and/
the external audit or public accounting firms.
function b. The audit carried out by the public accounting firm has been effective and has
met the stipulated criteria.
c. The appointment of the Public Accountant/Public Accounting Firm has been
in accordance with the minimum requirements stipulated under the prevailing
provisions. The audit was conducted by an independent Public Accountant/
Public Accounting Firm.
d. The quality and scope of the audit results of the Public Accountant/Public
Accounting Firm are in accordance with the prevailing provisions.
9. Implementation of a. The Bank has an adequate organizational structure to support the implementation
Risk Management, of risk management and sound internal control, including the Internal Audit Work
including the Unit (SKAI), Risk Management Work Unit (SKMR), Compliance Work Unit, Risk
Internal Control Management Committee, Risk Monitoring Committee, and Audit Committee.
System b. The Bank has risk management policies and procedures covering all types of risk
and these have been reviewed at least 1 (one) time in 1 (one) year, with the latest
update made on July 21, 2025.
c. The Board of Directors has ensured that all material risks and those that have
an impact have been reported to the Board of Commissioners through regular
reports and has ensured the implementation of corrective actions (action plan)
on SKAI findings through the mechanism of follow-up on audit results, progress
monitoring, and follow-up reporting in the Board of Directors forum and/or Audit
Committee.
d. The Bank has a sharia risk management function which is a separate work unit
embedded across all functions in the Enterprise Risk Management Group (ERM)
and reports to the Director of Risk Management.
e. In order to support the APU PPT & PPPSPM program, the Bank has also carried
out prevention and handling efforts so that the Bank’s business activities are not
used in activities related to criminal acts, among others through updating policies
and procedures at least 1 (one) time in 1 (one) year, implementing the Individual
Risk Assessment (IRA), APU PPT & PPPSPM refreshment training through the
Essential Cinema program attended by Bank employees, and enhancement
through the replacement of the BISA application system with the new New
AML system through the implementation of a new AML system to support the
screening process, risk rating, and transaction monitoring.
10. Provision of a. The Bank has policies regarding remuneration for members of the Board of
Remuneration Directors, members of the Board of Commissioners, members of the DPS, and
Bank employees as regulated in the Corporate Governance Policy and Human
Capital SOP.
b. The implementation and monitoring of the remuneration policy have been
carried out by taking into account at least performance aspects, risk aspects,
fairness with peer groups, the Bank’s targets, and long-term strategy by applying
prudential principles and risk management. The Bank’s remuneration policy
program also considers several conditions, including market position, internal
equity, government regulations, and the Bank’s stability and financial condition,
etc.
c. The Board of Commissioners has carried out supervision over the implementation
of the remuneration policy and periodic evaluation of the remuneration policy
through the Remuneration and Nomination Committee Meetings.
11. Provision of a. The Bank has written policies, systems, and procedures regarding the provision
Funds to Related of funds to related parties and large exposures, including the monitoring and
Parties and Large resolution of related issues.
Exposures b. The Bank has periodically evaluated and updated its policies, systems, and
procedures related to the Legal Lending Limit (BMPD), to align them with the
prevailing provisions and laws and regulations, and has ensured that the provision
of funds to related parties and large exposures has been in accordance with
prudential principles.
c. The Bank has periodically submitted reports on the Legal Lending Limit (BMPD)
to the Financial Services Authority in a timely manner. The implementation of the
Bank’s provision of funds to related parties and/or large exposures has complied
with the prevailing provisions regarding the Legal Lending Limit (BMPD) and has
taken into account prudential principles and the prevailing laws and regulations,
as well as capital capacity and diversification of the funding portfolio.
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Assessment
Factors Implementation Results for 2nd Semester of 2025
Factors
12. Integrity of a. The Bank has policies and procedures related to the implementation
Reporting and of transparency of financial and non-financial conditions, including the
Information implementation of an integrated financial reporting process through the Internal
Technology Control Over Financial Reporting (ICOFR) framework designed to ensure the
Systems validity, accuracy, and transparency of every financial information presented.
b. The Bank’s Internal Reporting System is able to provide data and information in a
timely, accurate, complete, and reliable manner and effectively for management
decision-making, supported by the Bank’s Information Technology System
related to adequate maintenance of assets and information.
c. The Bank has implemented transparency of bank product information and the
use of personal data through brochures, website, social media, call center services,
branch office officers, chatbot, and e-channel services (BSI Net, BSIM, BYOND,
ATM CRM), as well as periodic monitoring of the implementation of transparency
of bank product information and the use of personal data through consumer
protection self-assessment.
d. The Bank has prepared the Governance Implementation Report at the end of
each financial year with coverage in accordance with the prevailing provisions.
The latest Governance Implementation Report, namely for the 2025 financial year,
can be accessed on the Bank’s official website.
13. The Bank’s a. The Bank has prepared the 2026–2030 Corporate Plan and the 2026–2028 Business
Strategic Plan Plan in accordance with the Bank’s vision and mission, namely to become a
Top 5 Global Islamic Bank by Market Capitalization by 2030. These documents
have been submitted to OJK with a copy to the Board of Commissioners as part
of compliance referring to POJK No. 16 of 2022 concerning Islamic Commercial
Banks.
b. The Bank also has a plan to address financial problems occurring in the Bank as
set out in the recovery action plan that has obtained shareholder approval at the
GMS.
c. In preparing the Bank Business Plan (RBB), the Bank always considers the Bank’s
Vision & Mission, Bank Policy Direction, SWOT Analysis, Performance Evaluation
at the time of book preparation, the Bank’s Strategic Measures, the Bank’s Short-
and Medium-Term Targets, the Bank’s Risk Management Policy and Compliance,
and the Bank’s Business Development Strategy.
d. The 2025–2027 Revised Bank Business Plan (RBB) Document has taken into
account the need for supporting infrastructure, including human resources, IT,
office network, policies, and procedures.
14. Shareholder a. The Bank has policies regarding fair relations with all Shareholders and
Aspects arrangements related to communication patterns with Shareholders as regulated
in the Articles of Association and the Bank’s internal policies.
b. Share transactions conducted by the Board of Directors, the Board of
Commissioners, the DPS, Committee Members, Executive Officers, and/or Bank
employees have been carried out in accordance with the prevailing laws and
regulations. Every change in share ownership by the Bank’s Board of Directors and
Board of Commissioners has been reported to OJK and published as stipulated
in the prevailing provisions. In order to avoid Insider Trading activities, share
transactions carried out by all employees have taken into account the Blackout
Period set by the Bank.
c. c. The Bank always takes into account external and internal aspects in determining
the amount of dividend distribution to shareholders, and such amount is resolved
at the Annual GMS in compliance with the provisions of BSI’s Articles of Association
and prevailing provisions.
15. Implementation a. The Bank has an adequate organizational structure to support the Anti-Fraud
of Anti-Fraud Strategy in accordance with the prevailing provisions, through the establishment
Strategy, including of a dedicated independent Anti-Fraud unit, implementation of the four pillars
Anti-Bribery (prevention, detection, investigation, and monitoring), technological support,
integration of risk management, and reporting mechanisms in accordance with
OJK provisions.
b. The Bank has also implemented an adequate Anti-Bribery Management System
and has obtained ISO 37001:2016 Anti-Bribery Management System certification.
c. The Board of Directors and the Board of Commissioners have carried out active
supervision over the implementation of the Anti-Fraud Strategy through the
establishment of policies, guidance, signing of integrity pacts, periodic evaluation
of implementation, and corrective directions to maintain the effectiveness of
fraud controls.
d. The procurement process at the Bank has been carried out based on good
governance principles with separation of functions and authorities to prevent
conflicts of interest and minimize the risk of fraud.
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Assessment
Factors Implementation Results for 2nd Semester of 2025
Factors
16. Implementation a. The Bank has a Sustainable Finance Action Plan (RAKB) with coverage in
of Sustainable accordance with the prevailing provisions and it has been submitted to OJK.
Finance, b. The Bank has business and investment strategies that integrate environmental,
including the social, and governance values.
Implementation c. The Board of Directors, the Board of Commissioners, and work units within the
of Social and Bank have roles and responsibilities for managing climate-related risks, whereby
Environmental in 2024 the Bank carried out the 1st pilot project of Climate Risk Stress Testing
Responsibility (CRST) on 51.63% of its financing portfolio consisting of mandatory sectors from
the regulator and other operational sectors.
d. d. The Bank has identified, monitored, and managed climate-related financial
risks that may affect financial conditions by identifying the resilience of the Bank’s
strategy and business model using Climate Risk Stress Testing (CRST) through the
Risk Management Committee.
17. Implementation of a. The Bank has implemented synergy within the Bank Business Group (KUB),
Governance within supported by cooperation agreements set out in writing and in accordance with
KUB the prevailing laws and regulations. Such cooperation agreements have regulated
the scope, implementation mechanisms, rights and obligations of the parties, as
well as risk management in order to ensure the effectiveness of synergy and the
implementation of integrated governance within the KUB.
b. b. The Bank has written policies and procedures governing the coordination,
supervision, and evaluation mechanisms for the implementation of Integrated
Governance within the Bank Business Group to ensure effective, consistent, and
aligned governance implementation with the prevailing provisions, as well as to
support the strengthening of internal control, integrated risk management, and
protection of stakeholder interests.
Considering the above conclusions, the strengths and weaknesses of GCG implementation at Bank
Syariah Indonesia are as follows:
1. The Strength of CGC Implementation
a. Governance Structure
In general, the Bank has established a comprehensive governance structure and infrastructure
that complies with applicable regulations. This framework supports the implementation of
GCG principles across all work lines and operations, aiming to achieve outcomes that meet the
expectations of the Bank’s stakeholders.
b. Governance
Process In general, the implementation of GCG has been in accordance with applicable regulations,
as reflected in the Bank’s compliance with its obligations to regulators and the fulfillment of its
responsibilities to all stakeholders.
c. Governance Outcome
The outcomes of GCG implementation at Bank Syariah Indonesia can be observed through the
Bank’s financial and non-financial achievements. Financially, this is reflected in the key financial
performance indicators of the Bank as of December 2024 (unaudited), as presented in the following
table:
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December Growth YoY
Pos Description
(in billion) (in billion) %
Company Profit 7,568 562 8.02% BSI’s performance in December 2024 improved
on a YoY basis, including:
Total Assets 456,193 47,579 11.64%
1. The Company’s profit increased due to 3 (three)
OHC 13,572 1,908 16.36% factors, as follows:
a. Increased margin income
Financing 318,844 40,363 14.49% b. Increased Fee Based Income
Third-party funds 380,488 53,034 16.20% c. Controlled increase in OHC
2. Assets increased due to 3 (three) factors, as
a. Giro 71,828 15,492 27.50% follows:
a. Increased Third-Party Funds (DPK)
b. Savings 162,628 22,093 15.72%
b. Increased Financing
c. Deposit 146,033 15,449 11.83%
CASA 61,62% 60,12% 1.50%
On a non-financial basis during Semester II 2025, 2. The composition of effective Independent
the Bank received a total of 58 (fifty-eight) awards, Commissioners has not yet met the
including: minimum requirement of 50% of the total
1. The Best Digital Transformation in Human number of effective members of the Board
Capital Award (First Indonesia) of Commissioners (three Commissioners
2. Best Contact Center in Asia Pacific (Contact compared to two Independent
Center World) Commissioners).
3. The Most Profitable Bank (Infobank) 3. Based on the self-assessment results on
4. The Excellent Performance Bank - KBMI 3 governance process, there were still fund-
(Infobank) raising and/or fund-disbursement activities
5. Best Performance Bank - Sharia Category that were not yet fully in accordance
(Bisnis Indonesia) with Sharia principles, although all Bank
6. Bullion Bank Strategy Innovation for products were in accordance with DSN-
Sustainable Growth (IDX Channel) MUI Fatwas and DPS Opinions, and all
7. Best Contributing Bank in Intermediation related SOPs had been prepared through
Driving the Economy (Bank Indonesia) an adequate mechanism. Mapping of
8. Best Participant in BI-RTGS, BI-SSSS and BI- the root causes of non-conformity in the
ETP Systems (Bank Indonesia) implementation of sharia principles in fund-
9. The Best of Hajj Registration & AUM Contribution raising and/or fund-disbursement activities
Bank 2025 - 1st Best (BPKH) was carried out, among others, through
10. The Most Trusted Company (SWA). optimizing sharia compliance, sharia risk
management, and sharia audit, where
2. Weaknesses in GCG Implementation awareness and competency aspects, as the
1. There were 3 (three) members of the Board dominant issues, were followed up through
of Commissioners appointed at the Annual the implementation of sharia collaborative
GMS on 16 May 2025 who were still in the forums, competency certification on sharia
process of undergoing the fit and proper aspects for network employees, as well as
test by OJK, namely: literacy for the three pillars (risk – operational
– business).
4. There were still fines from regulators
No Name Position
that need to be followed up and require
1 Meidy Commissioner management’s attention. At present, the
Ferdiansyah Bank has carried out root cause analysis
2 Muhammad Independent identification, which is used to determine
Syafii Antonio Commissioner follow-up actions in an effort to mitigate the
recurrence of similar fines in the subsequent
3 Addin Independent
period.
Jauharudin Commissioner
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ASSESSMENT OF GCG IMPLEMENTATION
BY EXTERNAL PARTIES
Assessment of GCG Implementation by External can work together to develop and implement
Parties GCG. In addition, the CGPI program aims to
Corporate Governance Perception Index (CGPI) encourage companies to improve the quality of
In 2025, BSI participated for the fifth time in the GCG through continuous improvement, so that
corporate governance assessment organized by the CGPI program can become a strategic tool
Indonesia Independen Cipta Governansi (IICG), for compiling databases, mapping CG conditions
known as the Corporate Governance Perception in Indonesia, and serving as a benchmark for
Index (CGPI). CGPI is the first GCG research and GCG implementation in public, state-owned, and
ranking program in Indonesia aimed at assessing private companies in Indonesia.
the quality of corporate governance in companies,
including publicly listed companies (issuers), state- The Company’s participation can provide benefits
owned enterprises (SOE), banking institutions, and in measuring and improving governance practices,
other private companies. as well as efforts to enhance the Company’s
overall reputation, create attractiveness for
Through this program, IICG invites all parties in stakeholders, and support the potential for long-
the government business ecosystem, business term success in the market.Additionally, CGPI
actors, the public, and supporting parties to work participant companies can identify and address
together in creating ethical, integrity-based, internal organizational factors that may not yet
and dignified business practices. Participating align with or support the implementation of GCG.
companies are encouraged to improve their This serves as a key consideration in improving
governance structures, systems, and processes, corporate governance, encouraging all company
and to ensure that improvements in governance members to apply GCG principles more effectively
quality always go hand in hand with value creation within their business scope. The CGPI results
for all stakeholders. reflect the commitment of Indonesian companies
to enhancing the quality of GCG principles
Thus, the CGPI program is expected to motivate implementation. Several benefits that can be
the business world to implement the concept of obtained by companies participating in the CGPI
Corporate Governance (CG) while also encouraging include:
wider community participation so that they
Maintaining the Company’s
Increase investor and
survival with ethical
public confidence
and dignified business
in the Company
practices
Establish indicators and Mapping the Company’s
quality standards for GCG strategic issues to improve
implementation that you the quality of GCG
wish to achieve implementation
Improving the Company’s Increasing stakeholder
internal affairs to improve awareness of the urgency
GCG implementation and benefits of GCG
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CORPORATE GOVERNANCE ASSESSMENT
Assessment Criteria c. Governance Mechanism of Organizational
CGPI 2024, with the theme “Building Corporate Behavior
Dynamic Capabilities within the Good Corporate d. Governance Mechanism of Disclosure and
Governance Framework,” was assessed based Information Transparency
on the fulfillment of assessment aspects and e. Governance Mechanism of Risk
indicators, comprising 3 assessment aspects f. Governance Mechanism of Compliance
which were then detailed into 25 assessment g. Governance Mechanism of Internal Control
indicators. The detailed explanation is as follows: h. Governance Mechanism of Internal and
External Supervision
1. Governance Structure Aspect i. Governance Mechanism of Strategic
This aspect constitutes an assessment of Planning
the completeness of the Company’s organs, j. Governance Mechanism of Corporate
structure, and governance infrastructure in Resources
building the Company’s dynamic capabilities k. Governance Mechanism of Sustainable
in accordance with principles, values, and Development Goals
compliance in order to create value and ensure l. Governance Mechanism of Creativity and
sustainable growth in an ethical and dignified Innovation
manner. m. Governance Mechanism of Building
Corporate Dynamic Capabilities
In detail, this governance structure aspect
consists of the following indicators: 3. Governance Outcome Aspect
a. Shareholders & GMS This aspect constitutes an assessment of the
b. Board of Commissioners quality of outputs, achievements, impacts,
c. Board of Directors and benefits that are effective and useful
d. Supporting Organs of the Board of from the governance structure and process in
Commissioners building the Company’s dynamic capabilities
e. Complementary Organs of the Board of in accordance with principles, values, and
Directors compliance, creating value and ensuring
f. Functional Management sustainable growth in an ethical and dignified
manner. In detail, the governance outcome
2. Governance Process Aspect aspect consists of the following indicators:
This aspect constitutes an assessment of a. Governance Outcomes of the Company’s
governance mechanisms in building the Organs
Company’s dynamic capabilities in accordance b. Governance Outcomes of the Conformity of
with principles, values, and compliance, in Organizational Behavior
order to create value and ensure sustainable c. Governance Outcomes of Disclosure and
growth in an ethical and dignified manner. In Information Transparency
detail, the governance process aspect consists d. Governance Outcomes of Risk, Compliance,
of the following indicators: Control, and Supervision
a. Governance Mechanism of Shareholders e. Governance Outcomes of Sustainable
and the GMS Development Goals
b. Governance Mechanism of the Board of f. Governance Outcomes of Building
Commissioners and the Board of Directors Corporate Dynamic Capabilities.
Stages in the CGPI 2025 assessment
Self Assessment Documentation Company Organ Observer Team
Questionnaire System Assessment Presentation Discussion with
Completion Company Organs
ANALYSIS STAGE OBSERVATION STAGE
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CORPORATE GOVERNANCE ASSESSMENT
Assessors
The party that carried out the CGPI assessment was the Indonesia Independen Cipta Governansi (IICG).
Assessment Score
92.25
PT Bank Syariah Indonesia Tbk, in the Corporate Governance Perception Index
(CGPI) 2024 Research and Ranking Program for the 2023 assessment year,
achieved a score of 91.80. Based on the 2023 CGPI ranking category, PT Bank
(Highly Trusted) Syariah Indonesia Tbk received the “Highly Trusted” rating.
Governance Structure (24.94) Governance Process (33.69) Governance Outcome (33.62)
The detailed scores for each assessment aspect in the CGPI 2025 for the 2024 assessment year achieved
by PT Bank Syariah Indonesia Tbk.
Governance Governance Process Governance Outcome
Structure Aspect Aspect Aspect
24,94 33,69 33,62
(out of a maximum 27,07) (out of a maximum 36,56) (out of a maximum 36,37)
or achievement or achievement or achievement
92,12% 91.32% 92,45%
The CGPI 2024 result obtained by PT Bank Syariah Indonesia Tbk with the predicate “Highly Trusted”
illustrates that the Company’s organs and all strengthening the governance structure,
members of PT Bank Syariah Indonesia Tbk governance process, and governance outcome
have demonstrated a high and consistent aspects, particularly in relation to optimizing the
commitment in implementing the principles roles of the Company’s organs, the effectiveness of
and system of good corporate governance (Good governance mechanisms, as well as the consistency
Corporate Governance/GCG) through the scope of of implementing GCG principles and values across
compliance with prevailing rules, principles, and all lines. Although most indicators are already in
control systems; conformance with ethical values, the very good category, BSI sees that several areas
applicable norms, and existing quality standards; still require strengthening, such as enhancing
as well as performance achievement. The CGPI adaptive leadership competencies, developing a
2024 result also illustrates that PT Bank Syariah more agile organizational culture, and updating
Indonesia Tbk has built the Company’s dynamic strategic policies so that they remain relevant to
capabilities within the GCG framework through industry dynamics. The Company is also expected
the development of the Company’s abilities and to strengthen control mechanisms, information
competencies in responding to and navigating transparency, integrated risk management, as well
the complexity of change dynamics (VUCA, BANI, as the effectiveness of the whistleblowing system
TUNA, FLUX) effectively, possessing an adaptive in order to maintain the Company’s integrity and
structure, agile processes, and outcomes that resilience in facing change.
provide long-term value.
In line with these recommendations, BSI reaffirms
Recommendations and Follow-Up Actions its commitment to continuously strengthening
The recommendations provided by IICG include
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CORPORATE GOVERNANCE ASSESSMENT
its governance system as the foundation of the the Domestic Ranking Body (DRB) appointed by
Company’s sustainability. Efforts to enhance the regulator of each country as the representative
dynamic capabilities, starting from the ability in each participating country. The DRB conducts
to detect opportunities and threats, capture the assessment at the national scale, which is then
strategic opportunities, to the ability to transform subject to peer review by the DRB of other ASEAN
internal processes, will become development member countries. Since 2016, OJK has appointed
priorities at all levels of the organization. BSI PT RSM Indonesia Konsultan (RSM) as the DRB to
believes that strong and competitive governance conduct the assessment in Indonesia.
is not only a compliance tool, but also a key
driver for ethical and dignified long-term growth. Assessment Score
Accordingly, BSI will continue to follow up on More than 80% of the governance practices
every recommendation from IICG as part of its implemented by BSI have adopted the principles
commitment to strengthening GCG practices, set out in the ASEAN CG Scorecard. BSI has been
increasing value for stakeholders, and ensuring assessed as being able to exceed compliance
business sustainability amid increasingly complex with the minimum requirements of international
environmental dynamics. standards and governance practices that are far
above the average implementation of issuers or
ASEAN Corporate Governance Scorecard (ACGS) public companies (Tbk) included in the 100 largest
In order to continue the process of improving market capitalizations on the stock exchange (Big
Governance as well as to demonstrate commitment Cap).
and consistency in its implementation, Bank
Syariah Indonesia aligns its Governance practices Recommendations and Follow-Up Actions
by adopting the principles developed by the BSI continuously strives to make improvements,
Organization for Economic Cooperation and including in best practices for governance.
Development (OECD) and agreed upon by the Therefore, several recommendations resulting
ASEAN Capital Market Forum (ACMF), known as from the assessment by external parties continue
the ASEAN Corporate Governance (CG) Scorecard. to be followed up on an ongoing basis. For BSI,
this certainly represents a form of commitment
The ASEAN CG Scorecard is used to assess the shared by management and employees in
Governance practices of public listed companies making improvements to the implementation of
in ASEAN countries. The assessment is based governance practices going forward, particularly
on publicly available information, including the for several assessment indicators that still require
Annual Report, Audited Financial Statements, refinement. BSI believes that minimizing the gap
Sustainability Report, Notices and Invitations of the between governance practices and the standard
General Meeting of Shareholders, the Company’s principles set out in the ASEAN CG Scorecard will
Website, as well as other public information. have an impact on BSI’s long-term existence.
Assessment Criteria
The components of the ASEAN CG Scorecard
assessment are as follows:
a. Rights and Equitable Treatment of Shareholders
b. Sustainability and Resilience
c. Disclosure and Transparency
d. Responsibilities of the Board of Directors and
the Board of Commissioners
Party Conducting the Assessment
The assessment is conducted by the ACMF through
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CORPORATE GOVERNANCE
STRUCTURE AND MECHANISM
Corporate Organ Structure
Annual General Meeting
Board of Commissioner
Remuneration &
Risk Monitoring Committee Nomination Committee Audit Committee
Board of Sharia Oversight
Sharia Committee
Board of Directors
Risk Police & Human Crisis
Business IT & Digital Management Procedure Capital Management
Committee ALCO Committee Committee Committee Committee Steering
Committee
Identification, Measurement, Mitigation, Control
Internal
Audit
Business Unit Enterprice Risk
Banking Senior Ops Financing Human
(Revenue Procurement Management
Operational Risk (SOR) Strategy Capital
Generating) (SKMR)
Decentralized
Operational Compliance
Risk Taking Information Compliance Police &
Support Legal (Satuan Kerja
Unit Technology & Op. Risk Procedure
Kepatuhan)
(DCOR)
1st Line 1,5th Line 2nd Line 3rd Line
Independent
Risk Owner Independent Risk Management
Assurance
Alignment, Communication,
Accountability & Reporting Delegation, Direction & Oversight Coordination & Collaborations
BSI strengthens its governance structure by 1. General Meeting of Shareholders (GMS);
optimising the complementary roles of all 2. Board of Commissioners;
governance organs to establish an effective 3. Sharia Supervisory Board;
control environment and safeguard the integrity 4. Board of Directors;
of information used for reporting and decision- 5. Committees under the Board of Commissioners;
making. Through this integrated approach, 6. Sharia Committee
the Bank reinforces the three lines model as a 7. Committees under the Board of Directors.
robust defence mechanism, supporting sound
risk management, accountability, and oversight. Governance Structure
This structure enables BSI to pursue healthy and To continuously enhance the quality and scope of
sustainable growth while achieving its strategic sustainable governance, BSI has formulated and
objectives without compromising the interests of implemented a governance structure to regulate
stakeholders. relationships among governance organs within
the Bank. This structure ensures that the roles,
The BSI GCG structure is broadly divided into main responsibilities, and authorities of each organ
and supporting bodies, each of which is supported are clearly defined and exercised in accordance
by policies and procedures. More specifically, with prevailing regulations, GCG principles,
the Bank’s governance organizational structure sound business ethics, and recognised best
includes: practices. The governance soft structure reflects
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CORPORATE GOVERNANCE STRUCTURE AND MECHANISM
the internalisation of GCG into BSI’s business 10. Anti-Fraud Policy of PT Bank Syariah Indonesia
processes, serving as a complementary element Tbk.
that strengthens and refines the Bank’s overall 11. Risk Management Policy of PT Bank Syariah
GCG infrastructure. Indonesia Tbk.
12. Policy on the Supplier/Vendor Selection
BSI Governance Structure is used as a framework Process for Goods and Services Providers of PT
and governance in the preparation of policies and Bank Syariah Indonesia Tbk.
implementation of Bank activities, including: 13. Operational Technical Guidelines for the
1. The Bank’s Articles of Association, which have Whistleblowing System (WBS) of PT Bank
been amended several times, most recently Syariah Indonesia Tbk.
amended based on the Deed of the General 14. Fund and Services Policy of PT Bank Syariah
Meeting of Shareholders (GMS) Decision No. Indonesia Tbk.
37 dated May 17, 2024, drawn up by Ashoya 15. Anti-Bribery Commitment of PT Bank
Ratam, S.H., M.Kn., Notary in South Jakarta, and Syariah Indonesia Tbk, aligned with the Anti-
approved by the Ministry of Law and Human Bribery Management System Standard (ISO
Rights of the Republic of Indonesia, No. AHU- 37001:2016).
0035266.AH.01.02.Year 2024.
2. Rules of Procedure of the Board of
Commissioners as ratified in the decision of CORPORATE GOVERNANCE
the Board of Commissioners Number: KEP. MECHANISM
KOM/001/2021 dated February 1, 2021.
3. Rules of Procedure of the Board of Directors as Shareholders
ratified in the decision of the Board of Directors Shareholders are individuals or legal entities that
No.01/006-KEP/DIR dated February 1, 2021. legally own shares of the Bank. The Company’s
4. Guidelines and Rules of Work (Charter) of the shares are registered shares issued in the name of
Audit Committee of PT Bank Syariah Indonesia the owner recorded in the Company’s Shareholders
Tbk No.04/KEP- KOM/002/2024, ratified by the Register, consisting of:
Board of Commissioners on July 1, 2024. 1. Series A Dwiwarna Shares, which are special
5. Guidelines and Rules (Charter) of the Risk shares that may only be owned by the Republic
Monitoring Committee of PT Bank Syariah of Indonesia;
Indonesia Tbk No.04/KEP- KOM/001/2024, 2. Series B Shares, which are ordinary shares that
ratified by the Board of Commissioners on July can be owned by the Republic of Indonesia
1, 2024. and/or the public.
6. Guidelines and Rules of Work (Charter) of the
Nomination and Remuneration Committee, Shareholders’ Rights
ratified in the Joint Decree (SKB) of the Board General Shareholders’ Rights
of Directors and the Board of Commissioners Series A Dual-color Shareholders and Series B
of PT Bank Syariah Indonesia Tbk No.01/001- Shareholders have the same rights, namely, each
SKB/Dirkom dated February 01, 2021 regarding share grants 1 (one) voting right. Unless otherwise
the Establishment of the Guidelines and Rules specified in the Company’s Articles of Association,
of Work (Charter) of the Nomination and both Series A Dual-color shareholders and Series
Remuneration Committee of PT Bank Syariah B shareholders have the same rights outside of
Indonesia Tbk. the Special Rights of Series A Dual-color Shares,
7. Code of Ethics (Code of Conduct) of PT Bank including the following:
Syariah Indonesia Tbk. 1. Rights related to the GMS:
8. Internal Audit Charter of PT Bank Syariah a. Requesting the convening of a GMS by 1
Indonesia Tbk, ratified by the President (one) or more shareholders representing at
Commissioner and President Director of PT least 1/10 (one-tenth) of the total number of
Bank Syariah Indonesia Tbk on September 27, shares with voting rights.
2022. b. Proposing agenda items for the GMS by 1
9. Corporate Governance Policy of PT Bank (one) or more shareholders representing
Syariah Indonesia Tbk. at least 1/20 (one-twentieth) of the total
number of shares with voting rights.
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CORPORATE GOVERNANCE STRUCTURE AND MECHANISM
c. Approving matters in the GMS, including: Special Rights of Series A Dual-color Shares
•• Appointment and dismissal of members Series A Dual-color Shareholders have special
of the Board of Commissioners, Board of rights that are exclusive and only held by the
Directors, and Sharia Supervisory Board Republic of Indonesia, namely:
of the Bank. 1. The right to approve matters in the GMS as
•• Approving proposals for changes to follows:
the Bank’s Articles of Association while a. Changes to the Company’s Articles of
considering the quorum requirements Association;
for decisions. b. Changes to capital;
•• Approving the annual performance c. Mergers, consolidations, separations; and
reports of the Bank’s Directors and the d. Dissolution and takeover of the Company by
supervision reports of the Bank’s Board another company.
of Commissioners. 2. The right to establish the Company’s strategic
•• Approving the remuneration of the guidelines organically and non-organically.
Bank’s Board of Commissioners, Board of 3. Propose the convening of GMS and its agenda
Directors, and Sharia Supervisory Board. items.
•• Approving proposals for the allocation 4. Requesting and accessing Company data.
of the Bank’s profits, including dividend
distributions. Shareholder Aspect
d. Shareholders, either individually Shareholders play an important role in supporting
represented by proxy, have the right to BSI’s sound business activities and maintaining
attend the GMS and use their voting rights the sustainability of the Bank’s operations. This
at the GMS in proportion to the number of role is reflected through their commitment to
shares they own. strengthening the capital structure, including
e. Obtaining the publication of GMS materials, approval of capital planning to support business
no later than 21 (twenty-one) days before continuity, as well as the prudent management
the GMS is held. of capital and liquidity risks. Shareholders exercise
f. Receiving explanations procedures before their responsibilities in accordance with prevailing
the GMS begins. regulations, ensuring that strategic support is
g. The opportunity to ask questions or express aligned with the Bank’s prudential principles and
relevant opinions on each agenda item long-term objectives.
discussed at the GMS.
2. Other Rights: In implementing good corporate governance,
a. Receiving dividends and the remaining shareholders respect the independence of BSI’s
assets from liquidation in accordance with governance and management structures by
applicable regulations. refraining from intervention in strategic and
b. Transferring share rights according to operational decision-making. Shareholders do not
applicable regulations and the Articles of seek personal or group benefits, avoid conflicts
Association. of interest, and uphold transparent and fair
c. The opportunity to participate in the processes in matters such as appointments and
Company’s capital increase according to changes to the Board of Commissioners, Board of
applicable regulations. Directors, and Sharia Supervisory Board. BSI also
d. Receiving Company information that is upholds shareholder rights, including minority
required to be disclosed and/or announced shareholder protection, through transparent
to the public by laws and regulations. disclosure of financial information, fair treatment
e. Receiving equal treatment from BSI. in corporate actions, voting rights in the General
f. Exercising other rights and/or authorities Meeting of Shareholders, and dividend distribution
based on the BSI’s Articles of Association in accordance with regulatory provisions and
and applicable laws and regulations. decisions of the GMS, under the oversight of the
OJK.
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GENERAL MEETING OF
SHAREHOLDERS
The General Meeting of Shareholders (GMS) is 3. In case any change in the meeting agenda
the highest governance organ of BSI, holding occurs, the Company must submit the change
authorities that are not delegated to the Board in the agenda to the OJK no later than the time
of Commissioners or the Board of Directors in of the GMS invitation.
accordance with prevailing laws and regulations.
Through the GMS, shareholders exercise their rights GMS Announcement
to make strategic decisions, including approval 1. The Company must announce the GMS
of annual reports, appointment and dismissal to shareholders no later than 14 (fourteen)
of members of the Board of Commissioners, calendar days before the invitation to the
Board of Directors, and Sharia Supervisory Board, GMS, excluding the announcement and the
determination of dividend policy, and approval of invitation dates.
other material corporate actions. The GMS serves as 2. The announcement of the GMS must contain
a key forum to ensure accountability, transparency, at least:
and alignment between shareholder interests and a. Provisions regarding shareholders entitled
the Bank’s long-term strategy and sustainability to attend the GMS.
objectives. b. Provisions regarding shareholders entitled
to propose agenda items for the meeting.
GMS Establishing Process c. The date of the GMS.
The GMS consists of the Annual GMS (AGMS) d. The date of the GMS notice of meeting.
and the Extraordinary GMS (EGMS). The AGMS is e. Information stating that the Company
convened annually no later than 6 (six) months is convening the GMS at the request of
after the end of the financial year, in accordance shareholders or the Board of Commissioners,
with prevailing regulations. Meanwhile, the EGMS if the GMS is held upon such request.
may be convened at any time as required to 3. The announcement of the GMS to shareholders
address specific matters in the best interests of must at least be made through the e-GMS
the Company. provider’s website, the stock exchange’s
website, and the Company’s website, in both
GMS Venue Indonesian and English.
1. The GMS must be held within the territory of
the Republic of Indonesia. GMS Agenda Proposal
2. The Company is required to determine the GMS agenda proposals may be submitted with
venue and timing of the GMS. the following provisions:
3. The venue of the GMS must be held at: 1. Shareholders may submit proposed agenda in
a. The Company’s domicile. writing to the Board of Directors no later than
b. The location where the Company conducts 7 (seven) calendar days prior to the date of the
its principal business activities. GMS invitations.
c. The provincial capital of the province 2. Shareholders eligible to propose agenda items
where the Company’s domicile or principal are as follows:
business activities are located. a. Series A Dwiwarna shareholders.
d. The province where the Stock Exchange on b. 1 (one) or more shareholders representing
which the Company’s shares are listed is 1/20 (one twentieth) or more of the total
located shares with voting rights
GMS Notification
1. The Company must first submit notification of
the meeting agenda to the OJK no later than 5
(five) working days before the announcement
of the GMS, excluding the date of the GMS
announcement.
2. The meeting agenda must be disclosed clearly
and in detail.
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GENERAL MEETING OF SHAREHOLDERS
GMS Invitations
1. The Company must issue invittations to shareholders no later than 21 (twenty-one) calendar days prior
to the GMS date, excluding the invittations and GMS dates.
2. GMS invitations to shareholders are at least made through the website of the e-GMS provider, the
website of the stock exchange and the Company’s website in Bahasa Indonesia and English versions.
IMPLEMENTATION OF GMS IN 2025
The Company held GMS, namely: 1 (one) Annual GMS (AGMS) which was held on May 16, 2025.
The Company held the 2025 AGMS for 2024 fiscal year with shareholders attending both physically and
electronically.
For shareholders attending electronically, the Company provides electronic facilities through the e-RUPS
provider, the KSEI Electronic General Meeting System (eASY.KSEI) at the link https://akses.ksei.co.id/,
thereby ensuring that shareholders attending online have the same rights to exercise their voting rights.
Implementation Process
Annual GMS for Fiscal Year 2024
Date and Time Friday, May 16, 2025
15.07 – 16.54 WIB
Location Aryanusa Ballroom Menara Danareksa 2nd floor, Jalan Medan Merdeka Selatan No.14,
Jakarta Pusat
Quorum The meeting was attended by 43,727,328,093 shares with valid voting rights or
94.7930402% of all shares with valid voting rights issued by the Company.
Meetings Chairman Muliaman D. Hadad
Attendance of BOD, BOC, BOARD OF DIRECTORS
and Sharia Supervisory Acting President Director: Bob Tyasika Ananta
Board Director of Compliance & Human Capital: Tribuana Tunggadewi
Director of Sales & Distribution: Anton Sukarna
Director of Finance & Strategy: Ade Cahyo Nugroho
Director of Wholesale Transaction Banking: Zaidan Novari
Director of Risk Management: Grandhis Helmi Harumansyah
Director of Retail Banking: Harry Gusti Utama
BOARD OF COMMISSIONERS
President Commissioner, concurrently Independent Commissioner: Muliaman D.
Hadad
Vice President Commissioner, concurrently Independent Commissioner: Adiwarman
Azwar Karim
Independent Commissioner: Komaruddin Hidayat
Independent Commissioner: Mohamad Nasir
Independent Commissioner: Felicitas Tallulembang
Commissioner: Suyanto
Commissioner: Masduki Baidlowi
Commissioner: Abu Rokhmad
Commissioner: Fauzi
Commissioner: Nazaruddin
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GENERAL MEETING OF SHAREHOLDERS
SHARIA SUPERVISORY BOARD
Chairman: Prof. Dr. K.H. Hasanudin, M.Ag
Member: Dr.K.H. Mohamad Hidayat, MBA, MH.
Member: Dr. H. Oni Sahroni, MA
Member: Prof. Dr. Jaih Mubarok, SE., M.H., M.Ag.
Member: Dr. KH. Abdul Ghofur Maimoen, M.A.
Number of Shareholders In the Meeting, Shareholders and/or their proxies were given the opportunity to ask
who ask questions and/ questions and/or provide opinions related to the agenda of the Meeting. In the First to
or gave opinions at the Eighth Agenda, there were no questions and/or opinions from Shareholders.
Meetings
Decision-making Decision-making in the Meeting is carried out by deliberation to reach consensus
mechanism during the through a voting mechanism. For the Fifth Meeting agenda, no decision was taken
Meetings because it was only a report.
Independent parties The vote counting for the basis of the Meeting’s decision-making was carried out
to carry out quorum by PT Datindo Entrycom as the Company’s Securities Administration Bureau and
calculations and its validation was carried out by Ashoya Ratam, SH., M.Kn., Notary in South Jakarta
Meetings’ resolution Administrative City.
votes
Implementation Stages
Date of
Activity Description
Activity
Notification of the March 24, 2025 Notification of the agenda of the Meetings to the OJK was carried out 5
Agenda of Meetings (five) working days before the announcement of the Meetings, without
to OJK taking into account to the date of Announcement of the Meetings.
Meetings April 9, 2025 1. Announcement of Meetings was conducted 14 days before the
Announcement Invitation to the Meetings, without taking into account to the date of
Announcement and the date of Invitation.
2. Announced on:
a. Website of the eASY.KSEI (Indonesian and English);
b. Indonesian Stock Exchange (“IDX”) and the Company’s website
(Indonesian and English)
3. Proof of Announcement was submitted to OJK and IDX on the same
day (e-reporting via IDX-net).
Recording Date of April 23, 2025 1 (one) working day before the Invitation of the Meetings.
Shareholders List
Entitled to Attend
the Meetings
Meetings Invitation April 24, 2025 1. Invitation to attend the Meetings was delivered 21 days before the
and Explanation of Meetings, without taking into account to the date of Invitation and the
Meetings Agenda date of the Meetings.
2. Announced on:
a. Website of the eASY.KSEI (Indonesian and English);
b. IDX and the Company’s website (Indonesian and English)
3. Proof of Invitation was submitted to OJK and IDX on the same day
(e-reporting via IDX-net).
Meetings May 16, 2025 The Meetings was held in a physical and electronic through video
Implementation conference of GMS Display (including participants, who were not able to
physically attend the Meetings), thus all participants could see, hear, and
participate during the Meetings.
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GENERAL MEETING OF SHAREHOLDERS
Date of
Activity Description
Activity
Summary of May 20, 2025 1. Summary of Minutes of Meetings was carried out within 1 (one) working
Minutes of Meetings days after the Meetings.
2. Announced on:
a. Website of the eASY.KSEI (Indonesian and English);
b. IDX and the Company’s website (Indonesian and English)
3. Proof of Announcement was submitted to OJK and IDX on the same
day (e-reporting via IDX-net)
Minutes of Meetings June 13, 2025 The minutes of the meeting must be submitted to the Financial Services
Authority no later than 30 (thirty) days after the GMS is held.
Annual GMS Resolution for Year 2025
First Meeting Agenda
Mata Acara Approval of the Annual Report and the Supervisory Duties Report of the Board of Commissioners
Meeting Agenda and Ratification of the Company’s Financial Report for the financial year ending on December
31st 2024, including granting full release and discharge (volledig acquit et de charge) to all
members of the Board of Directors and members of the Board of Commissioners of the
Company in connection with the management and supervision of the Company that has been
carried out during the financial year ending on December 31, 2024, as long as these activities
are reflected in the Annual Report.
Number of There were no shareholders who were asking questions and/or gave their opinions at the
Shareholders who Meeting (none).
ask questions
and/or gave
opinions at the
Meeting
Voting Results Affirmative
(including one
Abstained Dissenting Results
Dwiwarna A series
share)
43.549.016.852 votes 171.349.553 votes or 6.961.688 votes or 43.720.366.405 votes
or 99,5922201% of all 0,3918592% of all 0,0159207% of all or 99,9840793% of all
shares with voting shares with voting shares with voting shares with voting
rights present at the rights present at the rights present at the rights present at the
Meeting. Meeting. Meeting. Meeting.
In accordance with the Company’s Articles of Association and POJK 15/2020, an Abstain vote is
deemed to have cast the same vote as the majority vote of the shareholders who cast the vote.
The Resolution of 1. Approved the Company’s Annual Report including the Company’s Board of Commissioners’
the First Meeting Supervisory Duties Report for the financial year ending on December 31, 2024 and ratify
Agenda the Company’s Financial Statements for the financial year ending on December 31, 2024
which have been audited by Public Accounting Firm Rintis, Jumadi, Rianto & Rekan which
was previously known as Public Accounting Firm Tanudiredja, Wibisana, Rintis & Rekan (a
member firm of the PricewaterhouseCoopers Global network), in accordance with its report
No. 00019/2.1457/AU.1/07/0229-1/1/II/2025 dated February 4, 2025, with a fair opinion in all
material respects.
2. With the approval of the Company’s Annual Report, including the Company’s Board of
Commissioners’ Supervisory Report for the financial year ending on December 31, 2024 and
the ratification of the Company’s Financial Report for the financial year ending on December
31, 2024, the General Meeting of Shareholders grants full release and discharge (volledig
acquit et de charge) to all members of the Board of Directors for their management of the
Company and to the Board of Commissioners for their supervision of the Company that has
been carried out during the financial year ending on December 31, 2024, to the extent that
such actions do not constitute a criminal act and are reflected in the reports mentioned
above.
Realization Has been realized.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
GENERAL MEETING OF SHAREHOLDERS
Second Meeting Agenda
Meeting Agenda Approval of the use of the Company’s net profit for the financial year ending December 31,
2024.
Number of There were no shareholders who were asking questions and/or gave their opinions at the
Shareholders who Meeting (none).
ask questions
and/or gave
opinions at the
Meeting
Voting Results Affirmative
(including one
Abstained Dissenting Results
Dwiwarna A series
share)
43,556,184,234 votes 171,143,859 votes or 0 votes or 0% of all 43,727,328,093
or 99.6086112% of all 0.3913888% of all shares with voting votes or 100% of all
shares with voting shares with voting rights present at the shares with voting
rights present at the rights present at the Meeting. rights present at the
Meeting. Meeting. Meeting.
In accordance with the Company’s Articles of Association and POJK 15/2020, an Abstain vote is
deemed to have cast the same vote as the majority vote of the shareholders who cast the vote.
The Resolution Approved the use of the Company’s Net Profit for the 2024 financial year amounting to
of the Second Rp7,005,888,311,206.00- (seven trillion five billion eight hundred eighty eight million three
Meeting Agenda hundred eleven thousand two hundred and six rupiah), as follows:
1. 20% (twenty percent) of the Company’s Net Profit or Rp1,401,177,662,241.00,- (one trillion
four hundred and one billion one hundred and seventy-seven million six hundred and sixty-
two thousand two hundred and forty-one rupiah) is set aside as the Company’s mandatory
reserves.
2. 15% (fifteen percent) of the Company’s Net Profit or Rp1,050,883,246,681.00,- (one trillion
fifty billion eight hundred eighty three million two hundred forty six thousand six hundred
eighty one rupiah) is determined as Dividends, or Rp22.781273 (twenty two point seven
eight one two seven three rupiah) per share is determined as Cash Dividends. Payment is
carried out with the following provisions:
a. Dividends for the 2024 Financial Year will be paid proportionally to each Shareholder
whose name is recorded in the Shareholder Register on the recording date.
b. The Board of Directors is given authority and power with the right of substitution to
carry out:
i. Determination of the schedule and procedures for distribution relating to the
payment of Dividends for the 2024 Financial Year in accordance with applicable
provisions.
ii. Dividend tax deductions according to applicable tax regulations.
iii. Other technical matters in accordance with applicable provisions.
3. As much as 65% (sixty five percent) or an amount of Rp4,553,827,402,284.00 (four trillion five
hundred fifty three billion eight hundred twenty seven million four hundred two thousand
two hundred and eighty four rupiah), is used as retained earnings balance.
Realization Has been realized.
Third Meeting Agenda
Meeting Agenda Approval of the appointment of a Public Accounting Firm and Public Accountant to audit the
Company’s Financial Statements for the financial year ending on December 31st, 2025 and
determination of the fees/honorarium.
Number of There were no shareholders who were asking questions and/or gave their opinions at the
Shareholders who Meeting (none).
ask questions
and/or gave
opinions at the
Meeting
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GENERAL MEETING OF SHAREHOLDERS
Voting Results Affirmative
(including one
Abstained Dissenting Results
Dwiwarna A series
share)
43.552,288,841 votes 171,144,359 votes or 3,894,893 votes or 43,723,433,200 votes
or 99.5997028% of all 0.3913899% of all 0.0089072% of all or 99.9910928% of all
shares with voting shares with voting shares with voting shares with voting
rights present at the rights present at the rights present at the rights present at the
Meeting. Meeting Meeting Meeting.
In accordance with the Company’s Articles of Association and POJK 15/2020, an Abstain vote is
deemed to have cast the same vote as the majority vote of the shareholders who cast the vote.
The Resolution of 1. Approved the appointment of Public Accounting Firm Purwanto Susanti and Surja
the Third Meeting (member firm of Ernst & Young Global Limited) and Public Accountant Yovita to audit the
Agenda Company’s Financial Statements and other reports for the 2025 Financial Year.
2. Approved the granting of authority and power to the Company’s Board of Commissioners
to carry out:
a. Appointment of a Public Accounting Firm and/or Public Accountant to conduct an
audit of the Company’s Financial Statements for other periods in the 2025 Financial
Year for the purposes and interests of the Company; and
b. Determination of audit service fees and other requirements for the Public Accounting
Firm and/or Public Accountant referred to in number 1 and 2 letter a above, as well as
the appointment of a Replacement Public Accounting Firm and/or Public Accountant
in the event that the Public Accounting Firm of Purwanto Susanti and Surja (a member
firm of Ernst & Young Global Limited) and/or Public Accountant Yovita, for any reason,
is unable to complete the provision of audit services for the Company’s Financial
Statements for the 2025 Financial Year and/or other reports in the 2025 Financial
Year, including the determination of audit service fees and other requirements for the
Replacement Public Accounting Firm and/or Public Accountant.
Realization Has been realized.
Fourth Meeting Agenda
Meeting Agenda Determination of bonuses for members of the Company’s Board of Directors and Board of
Commissioners, as well as bonuses for members of the Company’s Sharia Supervisory Board for
the financial year ending on December 31st, 2024, and determination of salaries for members
of the Board of Directors and honorariums for members of the Board of Commissioners and
Sharia Supervisory Board, including the provision of facilities, benefits and/or other allowances
for the financial year 2025.
Number of There were no shareholders who were asking questions and/or gave their opinions at the
Shareholders who Meeting (none).
ask questions
and/or gave
opinions at the
Meeting
Voting Results Affirmative
(including one
Abstained Dissenting Results
Dwiwarna A series
share)
43,103,881,375 votes 171,150,059 votes or 452,296,659 votes 43,275,031,434 votes
or 98.5742401% of all 0.3914030% of all or 1.0343570% of all or 98.9656430% of all
shares with voting shares with voting shares with voting shares with voting
rights present at the rights present at the rights present at the rights present at the
Meeting. Meeting. Meeting. Meeting.
In accordance with the Company’s Articles of Association and POJK 15/2020, an Abstain vote is
deemed to have cast the same vote as the majority vote of the shareholders who cast the vote.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
GENERAL MEETING OF SHAREHOLDERS
The Resolution 1. Granted authority and power to PT Bank Mandiri (Persero), Tbk. as the Company’s Largest
of the Fourth Series B Shareholder by first consulting with the Series A Dwiwarna Shareholder to
Meeting Agenda determine the Members of the Company’s Board of Directors and Board of Commissioners:
a. Tantiem for performance in the 2024 Financial Year and/or Long-Term Incentive for the
2025-2027 Period, in accordance with applicable provisions;
b. Salary/honorarium, allowances, and facilities for the 2025 financial year.
2. Granted authority and power to the Company’s Board of Commissioners by first obtaining
written approval from PT Bank Mandiri (Persero), Tbk. as the Company’s Most Series B
Shareholder after consulting with the Series A Dwiwarna Shareholder to determine the
Members of the Company’s Sharia Supervisory Board:
a. Bonus for performance in the 2024 Financial Year; and
b. Remuneration for the 2025 Financial Year in the context of supervising the Company’s
business activities based on sharia principles.
Realization Has been realized.
Fifth Meeting Agenda
Meeting Agenda Report on the Realization of the Use of Proceeds from the Continuous Public Offering
of Sukuk Mudharabah Based on Sustainable Sustainability I Bank BSI Phase I 2024.
Number of Shareholders There were no shareholders who were asking questions and/or gave their opinions at
who ask questions and/ the Meeting (none).
or gave opinions at the
Meeting
Voting Results Report on the Realization of the Use of Proceeds from the Continuous Public Offering
of Sukuk Mudharabah Based on Sustainable Sustainability I Bank BSI Phase I 2024.
The Resolution of the
Fifth Meeting Agenda
Realization Has been realized.
Sixth Meeting Agenda
Meeting Agenda Approval of the Company’s Recovery Action Plan Update.
Number of There were no shareholders who were asking questions and/or gave their opinions at the
Shareholders who Meeting (none).
ask questions
and/or gave
opinions at the
Meeting
Voting Results Affirmative
(including one
Abstained Dissenting Results
Dwiwarna A series
share)
43,556,183,834 votes 171,144,259 votes or 0 votes or 0% of all 43,727,328,093
or 99.6086103% of all 0.3913897% of all shares with voting votes or 100% of all
shares with voting shares with voting rights present at the shares with voting
rights present at the rights present at the Meeting. rights present at the
Meeting. Meeting. Meeting.
In accordance with the Company’s Articles of Association and POJK 15/2020, an Abstain vote is
deemed to have cast the same vote as the majority vote of the shareholders who cast the vote.
The Resolution of 1. Approved the Update of the Recovery Action Plan in accordance with OJK Regulation
the Sixth Meeting Number 5 of 2024 concerning Determination of Supervision Status and Handling of
Agenda General Bank Problems as submitted by the Company to OJK.
2. In relation to decision point 1, the Board of Commissioners and Board of Directors must take
any and all actions necessary in connection with the implementation of the Company’s
Recovery Action Plan, in accordance with their authority.
Realization Has been realized.
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GENERAL MEETING OF SHAREHOLDERS
Seventh Meeting Agenda
Meeting Agenda Determination of the Ceiling (Limit) for Write-Off of Bad Debts that Have Been Written Off.
Number of There were no shareholders who were asking questions and/or gave their opinions at the
Shareholders who Meeting (none).
ask questions
and/or gave
opinions at the
Meeting
Voting Results Affirmative
(including one
Abstained Dissenting Results
Series A Dwiwarna
share)
41,997,944,753 votes 1,729,383,340 votes 0 votes or 0% of all 43,727,328,093
or 96.0450743% of all or 3.9549257% of all shares with voting votes or 100% of all
shares with voting shares with voting rights present at the shares with voting
rights present at the rights present at the Meeting. rights present at the
Meeting. Meeting. Meeting.
In accordance with the Company’s Articles of Association and POJK 15/2020, an Abstain vote is
deemed to have cast the same vote as the majority vote of the shareholders who cast the vote.
The Resolution Approved the ceiling (limit) for writing off the Company’s principal bad debts of
of the Seventh Rp215,000,000,000.00 (two hundred and fifteen billion rupiah) with the following provisions:
Meeting Agenda 1. The principal receivables that are not in good standing have been written off, both before
and after the decision of this GMS.
2. The ceiling (limit) for write-offs will remain in effect until a new ceiling (limit) is determined
by the GMS.
3. Write-offs are carried out based on the Company’s Articles of Association, the
implementation of which is in accordance with the Policies and Procedures applicable in
the Company, taking into account the provisions of laws and regulations.
Realization Has been realized.
Eighth Meeting Agenda
Meeting Agenda Approval of Changes in the Management of the Company.
Number of There were no shareholders who were asking questions and/or gave their opinions at the
Shareholders who Meeting (none).
ask questions
and/or gave
opinions at the
Meeting
Voting Results Affirmative
(including one
Abstained Dissenting Results
Series A Dwiwarna
share)
41,987,484,290 votes 175,292,159 votes or 1,564,551,644 votes 42,162,776,449 votes
or 96.0211523% of all 0.4008755% of all or 3.5779722% of all or 96.4220278% of all
shares with voting shares with voting shares with voting shares with voting
rights present at the rights present at the rights present at the rights present at the
Meeting. Meeting. Meeting. Meeting.
In accordance with the Company’s Articles of Association and POJK 15/2020, an Abstain vote is
deemed to have cast the same vote as the majority vote of the shareholders who cast the vote.
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GENERAL MEETING OF SHAREHOLDERS
The Resolution 1. Confirmed honorable dismissal for:
of the Seventh a. Mr. Hery Gunardi as President Director effective March 24, 2025;
Meeting Agenda b. Mr. Saladin Dharma Nugraha Effendi as Director of Information Technology effective
March 24, 2025.
c. Mr. Ari Rizaldi as Director of Treasury & International Banking effective March 25, 2025.
2. Dismissed with honor:
a. Mr. Bob Tyasika Ananta as Deputy President Director;
b. Mrs. Tribuana Tunggadewi as Director of Compliance & Human Capital;
c. Mr. Harry Gusti Utama as Director of Retail Banking;
d. Mr. Zaidan Novari as Director of Wholesale Transaction Banking;
e. Mr. Muliaman D. Hadad as President Commissioner and Independent Commissioner;
f. Mr. Adiwarman Azwar Karim as Vice President Commissioner and Independent
Commissioner;
g. Mr. Mohamad Nasir as Independent Commissioner;
h. Mr. Komaruddin Hidayat as Independent Commissioner;
i. Mr. Suyanto as Commissioner;
j. Mr. Masduki Baidlowi as Commissioner;
k. Mr. Fauzi as Commissioner;
l. Mr. Abu Rokhmad as Commissioner;
m. Mr. Nazaruddin as Commissioner.
effective from the closing date of the Annual General Meeting of Shareholders for the
2024 Financial Year.
3. Appointed:
a. Mr. Anggoro Eko Cahyo as President Director;
b. Mr. Bob Tyasika Ananta as Vice President Director;
c. Mr. Firman Nugraha as Director of Treasury & International Banking;
d. Mr. Zaidan Novari as Director of Wholesale Transaction Banking;
e. Mr. Muharto as Director of Information Technology;
f. Mr. Arief Adhi Sanjaya as Director of Compliance & Human Capital;
g. Mr. Kemas Erwan Husainy as Director of Retail Banking;
h. Mr. Muhadjir Effendy as President Commissioner
i. Mr. Nizar Ahmad Saputra as Independent Commissioner;
j. Mr. Muhammad Syafii Antonio as Independent Commissioner;
k. Mr. Meidy Ferdiansyah as Commissioner;
l. Mr. Addin Jauharudin as Independent Commissioner;
m. Mr. Kamaruddin Amin as Commissioner;
n. Mr. Mochamad Agus Rofiudin as Commissioner.
effective from the closing date of the Annual GMS for the 2024 Financial Year and will
end at the closing of the third Annual GMS since his appointment, which will be held in
2028, but without reducing the right of the GMS to dismiss at any time in accordance
with the Company’s Articles of Association.
The determination of the above appointment is effective from the time it receives
approval from the Financial Services Authority for the assessment of suitability and
propriety (fit and proper test).
4. Granted authority and power to the Company’s Board of Directors to follow up on Meeting
decisions regarding reporting to regulators and other related agencies.
Effective from the closing date of the 2024 Annual GMS, the composition of the Company’s
management will be as follows:
No. Name Position
Board of Commissioners
1. Muhadjir Effendy* President Commissioner
2. Felicitas Tallulembang Independent Commissioner
3. Meidy Ferdiansyah* Commissioner
4. Mochamad Agus Rofiudin* Commissioner
5. Kamaruddin Amin* Commissioner
6. Nizar Ahmad Saputra* Independent Commissioner
7. Muhammad Syafii Antonio* Independent Commissioner
8. Addin Jauharudin* Independent Commissioner
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Direksi
1. Anggoro Eko Cahyo* President Director
2, Bob Tyasika Ananta Vice President Director
3. Kemas Erwan Husainy* Director of Retail Banking
4. Muharto* Director of Information Technology
5. Ade Cahyo Nugroho Director of Finance & Strategy
6. Anton Sukarna Director of Sales & Distribution
7. Arief Adhi Sanjaya* Director of Compliance & Human Capital
8. Grandhis Helmi Harumansyah Director of Risk Management
9. Zaidan Novari Director of Wholesale Transaction Banking
10. Firman Nugraha* Director of Treasury & International Banking
Notes:
* The appointment is effective from the time approval is obtained from the Financial Services Authority for the fit and
proper test.
Realization Has been realized.
Implementation Process
EGMS 2025
Date and Time Monday, December 22 2025
14.40 - 15.12 WIB
Location Central Jakarta, through the KSEI Electronic General Meeting System facility (“eASY.
KSEI”) at the link https://akses.ksei.co.id/ provided by PT Kustodian Sentral Efek
Indonesia (“KSEI”)
The meeting was attended by Shareholders and/or their proxies, including the Series
Quorum A Dwiwarna Share, totaling 43,333,480,613 shares with valid voting rights, representing
93.9392492% of all shares with valid voting rights issued by the Company, amounting to
46,129,260,138 shares, consisting of 1 Series A Dwiwarna share and 46,129,260,137 shares.
Meetings Chairman Muhadjir Effendy
Attendance of BOD, BOC, BOARD OF DIRECTORS
and Sharia Supervisory President Director: Anggoro Eko Cahyo
Board Acting President Director: Bob Tyasika Ananta
Director of Sales & Distribution: Anton Sukarna
Director of Finance & Strategy: Ade Cahyo Nugroho
Director of Wholesale Transaction Banking: Zaidan Novari
Director of Risk Management: Grandhis Helmi Harumansyah
Director of Retail Banking: Kemas Erwan Husaini
Director of Compliance & Human Capital: Arief Adhi Sanjaya
Director of Information Technology: Muharto Hadi Suprapto
Director of Treasury & International Banking: Firman Nugraha
BOARD OF COMMISSIONERS
President Commissioner: Muhadjir Effendy
Independent Commissioner: Felicitas Tallulemang
Commissioner: Mochamad Agus Rofjudin
Commissioner: Kamaruddin Amin
Independent Commissioner: Nizar Ahmad Saputra
Independent Commissioner: Addin Jauharudin*
Independent Commissioner: Muhammad Syafii Antonio*
Commissioner: Meidy Ferdiansyah*
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
GENERAL MEETING OF SHAREHOLDERS
SHARIA SUPERVISORY BOARD
Chairman: Prof. Dr. K.H. Hasanudin, M.Ag
Member: Dr. K.H. Mohamad Hidayat, MBA, MH
Member: Dr. H. Oni Sahroni, MA
Member: Prof. Dr. Jaih Mubarok, SE., M.H., M.Ag.
Member: Dr. KH. Abdul Ghofur Maimoen, M.A.
Number of Shareholders At the Meeting, the Shareholders and/or their proxies were given the opportunity to
who ask questions and/ raise questions and/or express opinions related to the Meeting agenda items. For the
or gave opinions at the First Agenda Item, there was 1 (one) question; however, it was not relevant to the First
Meetings Agenda Item, while for the Second Agenda Item, there were no questions or opinions
from the Shareholders.
Decision-making 1. Decision-making at the Meeting was conducted based on deliberation for
mechanism during the consensus. In the event that consensus was not reached, decisions were taken
Meetings through a voting mechanism.
2. The electronic voting process was conducted through the eASY.KSEI system.
Independent Parties The vote counting as the basis for the Meeting’s decision-making was conducted by
to carry out quorum PT Datindo Entrycom as the Company’s Securities Administration Bureau, and the
calculations and validation was carried out by Ashoya Ratam, SH., M.Kn., Notary in Jakarta.
Meetings’ resolution
votes
Implementation Stages
Date of Activity Description
Activity
Notification of Notification of the agenda of the Meetings to the OJK was carried out 5
the Agenda of November 5, 2025 (five) working days before the announcement of the Meetings, without
Meetings to OJK taking into account to the date of Announcement of the Meetings.
1. Announcement of Meetings was conducted 14 days before the
Invitation to the Meetings, without taking into account to the date of
Announcement and the date of Invitation.
2. Announced on:
Meetings
November 13, 2025 a. Website of the eASY.KSEI (Indonesian and English);
Announcement
b. Indonesian Stock Exchange (“IDX”) and the Company’s website
(Indonesian and English)
3. Proof of Announcement was submitted to OJK and IDX on the same
day (e-reporting via IDX-net).
Recording Date of
Shareholders List
November 27, 2025 1 (one) working day before the Invitation of the Meetings.
Entitled to Attend
the Meetings
1. Invitation to attend the Meetings was delivered 21 days before the
Meetings, without taking into account to the date of Invitation and
Meetings the date of the Meetings.
Invitation and 2. Announced on:
November 28, 2025
Explanation of a. Website of the eASY.KSEI (Indonesian and English);
Meetings Agenda b. IDX and the Company’s website (Indonesian and English)
3. Proof of Invitation was submitted to OJK and IDX on the same day
(e-reporting via IDX-net).
The Meetings was held in a physical and electronic through video
Meetings conference of GMS Display (including participants, who were not able to
December 22, 2025
Implementation physically attend the Meetings), thus all participants could see, hear, and
participate during the Meetings.
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GENERAL MEETING OF SHAREHOLDERS
Date of Activity Description
Activity
1. Summary of Minutes of Meetings was carried out within 1 (one)
working days after the Meetings.
Summary of 2. Announced on:
Minutes of December 24, 2025 a. Website of the eASY.KSEI (Indonesian and English);
Meetings b. IDX and the Company’s website (Indonesian and English)
3. Proof of Announcement was submitted to OJK and IDX on the same
day (e-reporting via IDX-net)
Minutes of The minutes of the meeting must be submitted to the Financial Services
January 21, 2026
Meetings Authority no later than 30 (thirty) days after the GMS is held.
2025 EGMS Decision
First Meeting Agenda
Meeting Agenda Approval of Amendments to the Company’s Articles of Association
Number of Shareholders For the First Agenda Item, there was 1 (one) question; however, it was not relevant
who asked questions and/or to the First Agenda Item.
expressed opinions
Voting Results Affirmative
(including
Abstained Dissenting Total Affirmative
one Series A
Dwiwarna share)
41,683,680,953 26,831,133 votes or 1,622,968,526 votes 41,710,512,086 votes
votes or 0.0619178% of total or 3.7452993% or 96.2547007%
96.1927830% of Series B shares of total Series B of total Series B
total Series B with voting rights shares with voting shares with voting
shares with voting present at the rights present at rights present at
rights present at Meeting the Meeting the Meeting
the Meeting
In accordance with the Company’s Articles of Association and POJK 15/2020, an
abstain vote is deemed to have cast the same vote as the majority vote of the
shareholders who cast the vote.
Resolution of the First 1. Approved the amendment to the Company’s Articles of Association to align with
Meeting Agenda applicable laws and regulations and policies, including:
•• Law No. 19 of 2003 on State-Owned Enterprises as most recently amended by
Law No. 16 of 2025 regarding the Fourth Amendment to Law No. 19 of 2003;
•• Amendment to Article 5 of the Company’s Articles of Association regarding
adjustments to the special rights of Series A Dwiwarna shares owned by the
Republic of Indonesia; and
•• Financial Services Authority Regulation No. 2 of 2024 concerning the
Implementation of Sharia Governance for Sharia Commercial Banks and
Sharia Business Units and its implementing regulations.
2. Approved the restatement of all provisions in the Company’s Articles of
Association in a comprehensive codification reflecting the amendments referred
to in point 1, with the full Articles of Association attached to the notarial deed.
3. Granted authority and power to the Board of Directors of the Company, with
substitution rights, to take all necessary actions related to this Meeting agenda
resolution, including restating the Articles of Association in a Notarial Deed,
submitting to relevant authorities, obtaining acknowledgment and approval of
amendments, and making additions and/or changes if required by competent
authorities.
Realization
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GENERAL MEETING OF SHAREHOLDERS
Second Meeting Agenda
Meeting Agenda Delegation of Authority for Approval of the Company’s Work Plan and Budget
for 2026.
Number of Shareholders There were no shareholders or their proxies who raised questions and/or
who asked questions and/or expressed opinions (none).
expressed opinions
Voting Results Affirmative
(including
Abstained Dissenting Total Affirmative
one Series A
Dwiwarna share)
43,152,860,387 26,829,554 votes 153,790,672 votes 43,179,689,941
votes or or 0.0619141% of or 0.3549003% votes or
99.5831855% of total shares with of total shares 99.6450997% of
total shares with voting rights with voting rights total shares with
voting rights present at the present at the voting rights
present at the Meeting Meeting present at the
Meeting Meeting
In accordance with the Company’s Articles of Association and POJK 15/2020, an
abstain vote is deemed to have cast the same vote as the majority vote of the
shareholders who cast the vote.
Resolution of the First Granted authority and power to the Board of Commissioners, subject to prior
Meeting Agenda written approval from the Series A Dwiwarna Shareholder, to approve the
Company’s Work Plan and Budget (RKAP) for 2026, including any amendments
thereto.
Realization
IMPLEMENTATION OF THE 2024 ANNUAL GMS FOR 2023 FISCAL YEAR & ITS
REALIZATION
Summary of the
Announcement Announcement Summoning Implementation GMS Results
Minutes
Notified to OJK Announced on Announced on The 2024 Annual Summary of The results of
on March 28, April 5, 2024 via April 25, 2024 via GMS was held on Minutes of the the 2024 Annual
2024 Number the Company’s the Company’s Friday, May 17, 2024 2024 Annual GMS General
04/651-3/ DIR- website, KSEI website, KSEI at the Aryanusa was announced Meeting of
CSG website, and website, and BEI Ballroom, Menara on May 21, 2024 Shareholders
BEI website. website. Danareksa, 2nd via the BSI were
Floor, Jalan Medan Website, IDX announced on
Merdeka Selatan Website, and June 14, 2024
No.14, Central KSEI via the BSI
Jakarta. Website.
Independent Party in Vote Counting
The vote counting as the basis for decision making at the Meeting was conducted by PT Datindo
Entrycom as the Securities Administration Bureau and its validation was conducted by Ashoya Ratam,
SH., M.Kn., Notary in Jakarta.
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Attendance Recapitulation in The 2023 Annual GMS
The Board of Commissioners, Board of Directors and DPS were present at the 2023 Annual GMS were as
follows.
No. Nama Position Attendance
1. Hery Gunardi President Director Present
2. Bob Tyasika Ananta Deputy President Director Present
3 Ngatari Director of Retail Banking Present
4. Saladin D. Effendi Director of Information Technology Present
5. Ade Cahyo Nugroho Director of Finance & Strategy Present
6. Anton Sukarna Director of Sales & Distribution Present
7. Tribuana Tunggadewi Director of Compliance & Human Capital Present
Grandhis Helmi Director of Risk Management Present
8.
Harumansyah
9. Zaidan Novari Director of Wholesale Transaction Banking Present
10. Moh. Adib Director of Treasury & International Banking Present
Muliaman D. Hadad President Commissioner concurrently Independent Not present
11.
Commissioner
Adiwarman Azwar Karim Deputy President Commissioner concurrently Independent Present
12.
Commissioner
13. Komaruddin Hidayat Independent Commissioner Present
14. Mohamad Nasir Independent Commissioner Present
15. Suyanto Commissioner Present
16. Masduki Baidlowi Commissioner Present
17. Imam Budi Sarjito Commissioner Present
18. Sutanto Commissioner Present
19. Abu Rokhmad Commissioner Present
20. Prof. Dr. K.H. Hasanudin, M.Ag Chairman of the Sharia Supervisory Board Present
Dr.K.H. Mohamad Hidayat, Member of the Sharia Supervisory Board Present
21.
MBA, MH
22. Dr. H. Oni Sahroni, MA Member of the Sharia Supervisory Board Present
Prof. Dr. K.H. Didin Member of the Sharia Supervisory Board Present
23.
Hafidhuddin, M.Sc
Resolution and Realization of The 2023 Annual GMS
First Agenda
Approval of the Annual Report and the Supervisory Duties Report of the Board of Commissioners and Ratification of
the Company’s Financial Statements for the fiscal year ending on December 31, 2023, including granting full release
and discharge (volledig acquit et de charge) to members of the Board of Directors and members of the Board of
Commissioners of the Company in connection with the management and supervision of the Company that had
been conducted during the fiscal year ending on December 31, 2023, as long as these activities were reflected in the
Annual Report.
Voting Results
Agree: 43,669,226,396 votes or 99.6947192% of all shares with voting rights present at the Meeting. Abstain: 102,741,680
votes or 0.2345543% of all shares with voting rights present at the Meeting.
Disagree: 30,980,313 votes or 0.0707265% of all shares with voting rights present at the Meeting.
None of questions or opinions from Shareholders was available.
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GENERAL MEETING OF SHAREHOLDERS
Decision
1. Approving the Company’s Annual Report including the Supervisory Report of the Company’s Board of
Commissioners for the fiscal year ending on December 31, 2023 and ratifying the Company’s Financial Statements
for the fiscal year ending on December 31, 2023, having been audited by the Public Accounting Firm Tanudiredja,
Wibisana, Rintis & Rekan (a member firm of the PricewaterhouseCoopers Global network) in accordance with its
report No.00026/2.1025/AU.1/07/0222-3/1/I/2024 dated January 30, 2024, with a fair opinion in all material respects.
2. Due to the approval of the Company’s Annual Report including the Supervisory Report of the Company’s Board
of Commissioners for the fiscal year ending on December 31, 2023 and the ratification of the Company’s Financial
Statements for the fiscal year ending on December 31, 2023, the General Meeting of Shareholders granted full
release and discharge (volledig acquit at de charge) to members of the Board of Directors for their management
of the Company and to the Board of Commissioners for their supervisory actions of the Company that had been
carried out during the fiscal year ending on December 31, 2023, as long as such actions did not constitute a
criminal act and were reflected in the foregoing reports.
Follow-up: Realized
Second Agenda
Approval of the use of the Company’s net profit for the fiscal year ending December 31, 2023.
Voting Results
Agree: 43,700,583,339 votes or 99.7663056% of all shares with voting rights present at the Meeting Abstain: 102,023,550
votes or 0.2329148% of all shares with voting rights present at the Meeting Disagree: 341,500 votes or 0.0007796% of
all shares with voting rights present at the Meeting
None of questions or opinions from Shareholders was available.
Decision
Approving the use of the Company’s Net Profit for the 2023 Fiscal Year as of IDR 5,703,743,109,251,- (five trillion seven
hundred three billion seven hundred forty three million one hundred nine thousand two hundred fifty one Rupiah),
as follows:
1. 20% (twenty percent) or IDR 1,140,748,621,850,- (one trillion one hundred forty billion seven hundred forty eight
million six hundred twenty one thousand eight hundred fifty Rupiah) was set as mandatory reserves.
2. 15% (fifteen percent) or IDR 855,561,466,388,- (eight hundred fifty five billion five hundred sixty one million four
hundred sixty six thousand three hundred eighty eight Rupiah) or IDR 18,5470451 (eighteen point five four seven
zero four five one Rupiah) per share was determined as Cash Dividends. The payment was carried out with the
following provisions:
a) Dividends for the 2023 Fiscal Year were paid proportionally to each Shareholder whose name was registered
in the Shareholders Register on the recording date.
b) The Board of Directors was granted the authority and power with the right of substitution to perform:
•• Stipulation of the schedule and distribution procedures related to the payment of Dividends for the 2023
Fiscal Year in accordance with applicable provisions.
•• Dividend tax deductions in accordance with applicable tax regulations.
•• Other technical matters in accordance with applicable provisions.
3. 65% (sixty five percent) or IDR 3,707,433,021,013,- (three trillion seven hundred seven billion four hundred thirty
three million twenty one thousand thirteen Rupiah) was used as retained earnings.
Follow-up: Realized
Third Agenda
Approval of the appointment of a Public Accounting Firm and Public Accountant to audit the Company’s Financial
Statements for the fiscal year ending on December 31, 2024 and the stipulation of the fees/honorarium.
Voting Results
Agree: 43,261,904,914 votes or 98.7648241% of all shares with voting rights present at the Meeting Abstain: 102,095,650
votes or 0.2330794% of all shares with voting rights present at the Meeting Disagree: 438,947,825 votes or 1.0020965%
of all shares with voting rights present at the Meeting
None of questions or opinions from Shareholders was available.
Decision
1. Approving the appointment of Public Accounting Firm Tanudiredja, Wibisana, Rintis and Rekan (a member
firm of the PricewaterhouseCoopers Global network) and Public Accountant Lucy Luciana Suhenda to audit the
Company’s Financial Statements and other reports for the 2024 Fiscal Year.
2. Approving the granting of authority and power to the Company’s Board of Commissioners to perform:
a. Appointment of a Public Accounting Firm and/or Public Accountant to conduct an audit of the Company’s
Financial Statements for other periods in the 2024 Fiscal Year for the purposes and interests of the Company;
and
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b. Stipulation of audit service fees and other requirements for the Public Accounting Firm and/or Public
Accountant referred to in point 1 and 2 letter a above as well as the appointment of a Substitute Public
Accounting Firm and/or Public Accountant in case the Public Accounting Firm of Tanudiredja, Wibisana,
Rintis and Rekan (a member firm of the PricewaterhouseCoopers Global network) and/or Public Accountant
Lucy Luciana Suhenda, for any reason whatsoever, could not complete the provision of audit services for
the Company’s Financial Statements for the 2024 Fiscal Year and/or other reports in the 2024 Fiscal Year,
including the stipulation of audit service fees and other requirements for the Substitute Public Accounting
Firm and/or Public Accountant.
Follow-up: Realized
Fourth Agenda
Stipulation of bonuses for members of the Company’s Board of Directors and Board of Commissioners, as well as
bonuses for members of the Company’s Sharia Supervisory Board for the fiscal year ending on December 31, 2023,
and determination of salaries for members of the Board of Directors and honorariums for members of the Board of
Commissioners and Sharia Supervisory Board, including the provision of facilities, benefits and/or other allowances
for the 2024 fiscal year.
Voting Results
Agree: 43,015,157,594 votes or 98.2015119% of all shares with voting rights present at the Meeting Abstain: 102,105,607
votes or 0.2331021% of all shares with voting rights present at the Meeting Disagree: 685,685,188 votes or 1.5653859%
of all shares with voting rights present at the Meeting
None of questions or opinions from Shareholders was available.
Decision
1. Granting authority and power to PT Bank Mandiri (Persero), Tbk. as the Company’s Most Shareholder of Series B
after consulting with Shareholders of Series A Dwiwarna to determine for the Members of the Board of Directors
and Board of Commissioners of the Company:
a. Tantiem for performance in the 2023 Fiscal Year and/or the 2024-2026 Long-Term Incentive, in accordance
with applicable provisions; and
b. Salary/honorarium, allowances, and facilities for the 2024 fiscal year.
2. Granting authority and power to the Board of Commissioners of the Company by obtaining previously written
approval from PT Bank Mandiri (Persero), Tbk. as the Company’s Most Shareholder of Series B after consulting
with Shareholders of Series A Dwiwarna to determine for the Members of the Sharia Supervisory Board:
a. Bonus for performance in the 2023 Fiscal Year; and
b. Remuneration for the 2024 Fiscal Year in the context of supervising the Company’s business activities based
on sharia principles.
Follow-up: Realized
Fifth Agenda
Realization Report of Funds Utilization from the Capital Increase by Granting Preemptive Rights I (“PMHMETD I”).
Voting Results
This agenda was report. Therefore, the Company did not make voting for Meeting’s resolution.
None of questions or opinions from Shareholders was available.
Decision
This agenda was report. Therefore, the Company did not make voting for Meeting’s resolution.
Follow-up: Realized
Sixth Agenda
Approval of the Company’s Changes to Articles of Association.
Voting Results
Agree*: 41,728,719,882 votes or 95.2646372% of all shares with voting rights present at the Meeting Abstain: 102,027,250
votes or 0.2329232% of all shares with voting rights present at the Meeting Disagree: 1,972,201,257 votes or 4.5024395%
of all shares with voting rights present at the Meeting
*Including 1 (one) Series A Dwiwarna Share in accordance with the Special Rights held by the Series A Dwiwarna
Shareholder.
None of questions or opinions from Shareholders was available.
Decision
1. Approving the changes to the Company’s Articles of Association to adjust to the following laws and regulations: (a)
Law Number 4 of 2023 dated January 12, 2023 concerning the Development and Strengthening of the Financial
Sector; (b) Financial Services Authority Regulation Number 17 of 2023 dated September 14, 2023 concerning the
Implementation of Governance for Commercial Banks; (c) Financial Services Authority Regulation Number 2 of
2024 concerning the Implementation of Governance for Sharia Commercial Banks and/or Sharia Business Units;
and (d) other related regulations.
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2. Approving to rearrange provisions in the Company’s Articles of Association in connection with the changes
referred to in point 1 (one) above, where all appendixed of the articles of association were enclosed to the minutes
of the notarial deed.
3. Granting authority and power to the Company’s Board of Directors with the right of substitution to take all
necessary actions related to the decisions of the Meeting, including but not limited to compile and restate
the entire Company’s Articles of Association in a Notarial Deed, adjust changes to the Company’s Articles of
Association if required by the authorized agency and submit to the authorized agency to obtain approval
and acknowledgment of notification of the Company’s Changes to Articles of Association as well as exercise
everything deemed necessary and useful for this purpose without any exclusion
Follow-up: Realized
Seventh Agenda
Approval of the Company’s Changes to Management.
Voting Results
Agree: 41,781,044,082 votes or 95.3840908% of all shares with voting rights present at the Meeting
Abstain: 102,028,550 votes or 0.2329262% of all shares with voting rights present at the Meeting Disagree: 1,919,875,757
votes or 4.3829829% of all shares with voting rights present at the Meeting
None of questions or opinions from Shareholders was available.
Decision
1. Honorably dismissed:
a. Hery Gunardi as President Director of the Company;
b. Ngatari as Director of Retail Banking of the Company;
c. Tribuana Tunggadewi as Director of Compliance & Human Capital of the Company;
d. Ade Cahyo Nugroho as Director of Finance & Strategy of the Company;
e. Anton Sukarna as Director of Sales & Distribution of the Company;
f. Moh Adib as Director of Treasury & International Banking of the Company;
g. Adiwarman Azwar Karim as Deputy President Commissioner and Independent Commissioner of the
Company;
h. Suyanto as Commissioner of the Company;
i. Masduki Baidlowi as Commissioner of the Company;
j. Imam Budi Sarjito as Commissioner of the Company;
k. Sutanto as Commissioner of the Company;
l. Komaruddin Hidayat as Independent Commissioner of the Company;
m. Hasanudin as Chairman of the Company’s Sharia Supervisory Board;
n. Mohamad Hidayat as a Member of the Company’s Sharia Supervisory Board;
o. Oni Sahroni as a Member of the Sharia Supervisory Board;
p. Didin Hafidhuddin as a Member of the Sharia Supervisory Board;
effective from the closing date of the 2023 Annual GMS with gratitude for the contribution of energy and
ideas provided during his term of office as a member of the Board of Directors, member of the Board of
Commissioners and member of the Company’s Sharia Supervisory Board.
2. Re-appointing for the second period:
a. Hery Gunardi as President Director of the Company;
b. Tribuana Tunggadewi as Director of Compliance & Human Capital of the Company;
c. Ade Cahyo Nugroho as Director of Finance & Strategy of the Company;
d. Anton Sukarna as Director of Sales & Distribution of the Company;
e. Adiwarman Azwar Karim as Deputy Main Commissioner Concurrently as Independent Commissioner of the
Company;
f. Suyanto as Commissioner of the Company;
g. Masduki Baidlowi as Commissioner of the Company;
h. Komaruddin Hidayat as Independent Commissioner of the Company;
i. Hasanudin as Chairman of the Company’s Sharia Supervisory Board;
j. Mohamad Hidayat as a Member of the Company’s Sharia Supervisory Board;
k. Oni Sahroni as a Member of the Sharia Supervisory Board;
Effective from the closing date of the Annual GMS for the 2023 Fiscal Year and expired at the closing of the
third Annual GMS since their appointment, held in 2027, but without reducing the right of the GMS to dismiss
at any time in accordance with the Company’s Articles of Association.
3. Confirming the honorable dismissal of M. Arief Rosyid Hasan as Independent Commissioner of the Company
effective since dated November 6, 2023 with gratitude for the contribution of energy and ideas given during his
term of office as a member of the Company’s Board of Commissioners.
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4. Appointing:
a. Harry Gusti Utama as Director of Retail Banking of the Company;
b. Ari Rizaldi as Director of Treasury & International Banking of the Company;
c. Fauzi as Commissioner of the Company;
d. Nazaruddin as Commissioner of the Company;
e. Felicitas Tallulembang as Independent Commissioner of the Company;
f. Jaih Mubarok as a member of the Company’s Sharia Supervisory Board;
g. Abdul Ghofur Maimoen as a member of the Company’s Sharia Supervisory Board;
Effective from the closing date of the Annual GMS for the 2023 Fiscal Year and expired at the closing of
the third Annual GMS since their appointment, held in 2027, but without reducing the right of the GMS to
dismiss at any time in accordance with the Company’s Articles of Association. The stipulation of the foregoing
appointment was effective since obtaining approval from the Financial Services Authority for the fit and
proper test.
5. Granting authority and power to the Company’s Board of Directors to follow up on Meeting’s resolutions
regarding reporting to regulators and other related agencies
Effective from the closing date of the 2023 Annual General Meeting of Shareholders, the composition of the
Company’s Management is as follows:
BOARD OF COMMISSIONERS
President Commissioner concurrently Independent Commissioner : Muliaman D. Hadad
Deputy President Commissioner concurrently Independent Commissioner : Adiwarman Azwar Karim
Commissioner : Suyanto
Commissioner : Masduki Baidlow
Commissioner : Abu Rokhmad
Independent Commissioner : Komaruddin Hidayat
Independent Commissioner : Mohamad Nasir
Commissioner : Fauzi*
Commissioner : Nazaruddin*
Independent Commissioner : Felicitas Tallulembang*
BOARD OF DIRECTORS
President Director : Hery Gunardi
Deputy President Director : Bob Tyasika Ananta
Director of Compliance & Human Capital : Tribuana Tunggadewi
Director of Finance & Strategy : Ade Cahyo Nugroho
Director of Sales & Distribution : Anton Sukarna
Director of Wholesale Transaction Banking : Zaidan Novari
Director of Information Technology : Saladin D. Effendi
Director of Risk Management : Grandhis Helmi Harumansyah
Director of Retail Banking : Harry Gusti Utama*
Director of Treasury & International Banking : Ari Rizaldi*
SHARIA SUPERVISORY BOARD
Chairman : Prof. Dr. K.H. Hasanudin, M.Ag
Member : Dr. H. Mohamad Hidayat, M.B.A,
M.H
Member : Dr. H. Oni Sahroni, M.A
Member : Prof. Dr. Jaih Mubarok, S.E., M.H.,
M.Ag*
Member : Dr. KH. Abdul Ghofur Maimoen,
M.A*
Note:
*The appointment was effective upon obtaining approval from the Financial Services Authority for the fit and proper
test.
Follow-up: Realized
GMS Resolution in The Fiscal Year And 1 (One) Year Before The Fiscal Year Realized Into The Fiscal
Year
All resolutions of the 2023 GMS had been realized in 2024 and the 2022 GMS had been realized in 2023.
Therefore, there were no resolutions of the 2023 GMS and 2022 GMS that had not been realized in 2024.
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BOARD OF COMMISSIONERS
The Board of Commissioners serves as the supervisory organ of the Company, carrying out collective
oversight and providing strategic guidance to the Board of Directors. This role includes overseeing
policies, performance, and overall management, while ensuring that GCG is consistently embedded
across all organizational levels and structures of BSI. In performing its duties, the Board of Commissioners
is appointed by and accountable to the GMS. Such accountability reflects the Board’s commitment
to effective and independent oversight of the Company’s management, in support of the consistent
implementation of GCG principles.
BOARD OF COMMISSIONERS APPOINTMENT BASIS
The appointment of members of the Board of Commissioners is carried out through the GMS in accordance
with the Company’s Articles of Association and prevailing laws and regulations. Appointments become
effective upon approval from the OJK following the Fit and Proper Test and the fulfilment of other
regulatory requirements.
BOARD OF COMMISSIONERS COMPOSITION
Pursuant to the AGMS resolution on May 16, 2025, the Board of Directors composition was changed to
8 (eight) members, comprising 1 (one) President Commissioner, 3 (three) Commissioners, and 4 (four)
Independent Commissioners. Thereby the Board composition as of December 31, 2025 is as follows:
Board of Commissioners Composition as of December 31, 2025
Basis of
Name Position Effective Date Period
Appointment
President Annual GMS
Muhadjir Effendy September 1, 2025 2025 - 2028
Commissioner on May 16, 2025
Annual GMS Effective upon obtaining
Meidy Ferdiansyah Commissioner 2025 - 2028
on May 16, 2025 approval of OJK
Mochamad Agus Annual GMS
Commissioner December 12, 2025 2025 - 2028
Rofiudin on May 16, 2025
Annual GMS
Kamaruddin Amin Commissioner December 12, 2025 2025 - 2028
on May 16, 2025
Independent Annual GMS
Felicitas Tallulembang December 10, 2024 2024 - 2027
Commissioner on May 17, 2024
Independent Annual GMS
Nizar Ahmad Saputra December 12, 2025 2025 - 2028
Commissioner on May 16, 2025
Muhammad Syafii Independent Annual GMS Effective upon obtaining
2025 - 2028
Antonio Commissioner on May 16, 2025 approval of OJK
Independent Annual GMS Effective upon obtaining
Addin Jauharudin 2025 - 2028
Commissioner on May 16, 2025 approval of OJK
BOARD CHARTER OF THE BOARD OF COMMISSIONERS
In exercising its authorities and responsibilities, the Board of Commissioners is guided by the Board of
Commissioners Charter. The Charter serves as a binding framework for all members of the Board of
Commissioners in performing their oversight and advisory functions in an effective, efficient, transparent,
independent, and professional manner.
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The Board of Commissioners Charter is established b. Laws and regulations in the field of capital
in line with the provisions of Bank Indonesia and market;
OJK and is reviewed and updated periodically to c. Laws and regulations in the field of Sharia
remain aligned with regulatory developments Banking; and
and organisational needs, as stipulated in the d. Other applicable laws and regulations related
Company’s Board of Commissioners Decision to the Company’s business activities.
No. DEC.COM/001/2021. The Charter is intended
to enhance clarity in roles, duties, and working Parties eligible as members of the Board of
mechanisms, thereby supporting a more Commissioners are individuals who meet the
focused and effective execution of the Board of following criteria at the time of appointment and
Commissioners’ responsibilities, as well as serving while in office:
as one of the tools for evaluating the Board’s a. Shall have good morals, intentions and integrity
performance. b. Shall be able to take legal actions
c. Within 5 (five) years prior to appointment and
The Board of Commissioners Charter governs during office:
various aspects related to the Board of 1) Has never been declared bankrupt
Commissioners, including the following: 2) Has never been a member of the Board of
1. General Provisions Directors and/ or a member of the Board of
2. Structure of the Board of Commissioners Commissioners convicted guilty for causing
3. Duties of the Board of Commissioners a company to be declared bankrupt.
4. Obligations of the Board of Commissioners 3) Never been convicted of committing a
5. Rights and Authorities of the Board of criminal act that is detrimental to state
Commissioners finances and/or related to the financial
6. Bank Confidentiality and Conflict of Interest sector.
7. Committees and Other Supporting Bodies 4) Has never been a member of the Board of
8. Types and Quorum of Meetings Directors and/ or member of the Board of
9. Participants in Board of Commissioners Commissioners who while in office:
Meetings i. Failed to hold an annual GMS
10. Meeting Chairperson ii. His accountability as a member of the
11. Meeting Materials Board of Directors and/or member of
12. Meeting Decisions the Board of Commissioners was once
13. Meeting Minutes not accepted by the GMS or has never
14. Meeting Organization provided his accountability as a member
15. Secretary of the Board of Commissioners of the Board of Directors and/or member
16. Division of Routine Tasks of the Board of Commissioners to the
17. Commissioners’ Working Hours GMS.
18. Document Signing iii. Has once caused a company that
19. Business Trips obtained a permit, approval or
20. Continuing Education Management Report registration from the OJK to fail to meet
21. Evaluation of the Board of Commissioners’ its obligation to submit an annual report
Performance and/or financial report to the OJK.
22. Amendments d. Shall have a commitment to comply with
23. Conclusion regulatory provisions.
e. Shall have knowledge and/or expertise in the
field required by the Company:
CRITERIA OF THE BOARD OF f. Exclusively for Independent Commissioners
COMMISSIONERS MEMBERS (AND i. is not a President Director and a member
INDEPENDENT COMMISSIONER) of the Board of Directors who is under the
supervisory function or an Executive Officer
The requirements of the members of the Board who performs the supervisory function of
of Commissioners must meet the following the Company within the last 6 (six) months,
conditions:
a. Limited Liability Company Law;
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BOARD OF COMMISSIONERS
ii. is not a Board of Directors or Executive work plan and the provisions of the Articles
Officer who has a relationship with the of Association and Resolutions of the GMS, as
Company within the last 1 (one) year and/or, well as applicable laws and regulations, the
iii. is not be Non-Independent Commissioner in interests of the Company and in accordance
the Company or business group within the with the Company’s intentions and objectives.
last 1 (one) year, except for reappointment as
an Independent Commissioner of an Issuer In reference with SEOJK 14/2025, in
or Public Company in the next period; performing its oversight function, the Board of
g. Meet other requirements as specified in Commissioners does not engage in decision-
paragraph (4) of Article 21 of the Company’s making related to the Company’s operational
Articles of Association. activities. Such involvement is only permitted
under specific circumstances, including
The fulfillment of the requirements as a member the provision of funds to related parties in
of the Board of Commissioners must be contained accordance with Financial Services Authority
in a statement signed by the prospective member regulations on maximum credit exposure and
of the Board of Commissioners and submitted to large exposure limits for commercial banks and
the Company. Sharia commercial banks, as well as in other
matters expressly stipulated in the Company’s
In addition to meeting the criteria as intended, Articles of Association or prevailing laws and
the appointment of members of the Board of regulations.
Commissioners is carried out by considering
integrity, dedication, understanding of company •• The Board of Commissioners is authorized to:
management issues related to one of the 1. View and examine books, letters, and other
management functions, having adequate documents, checking cash for verification
knowledge in the Company’s field of business, and purposes, etc. such as securities and
being able to provide sufficient time to carry out checking the Company’s wealth;
their duties and other requirements based on laws 2. Enter yards, buildings, and offices used by
and regulations. the Company;
3. Request an explanation from the Board of
For Independent Commissioners, in addition Directors and/or other officials regarding
to fulfilling the provisions in paragraph (4) and all issues related to the management of
paragraph (5) of Article 21 of the Articles of the Company;
Association, they must also meet the requirements 4. Know all policies and actions that have
as an Independent Commissioner as specified in been and will be carried out by the Board
the applicable OJK and Bank Indonesia regulations of Directors;
(as relevant). 5. Request the Board of Directors and/or
other officials under the Board of Directors
with the knowledge of the Board of
BOARD OF COMMISSIONERS DUTIES Directors to attend the meeting of the
AND AUTHORITIES Board of Commissioners;
6. Appoint and dismiss the Secretary of
The Board of Commissioners is an assembly and the Board of Commissioners if deemed
each member of the Board of Commissioners necessary;
cannot act individually, but based on the decision 7. Temporarily dismiss members of the
of the Board of Commissioners. Board of Directors in accordance with
the provisions the Company’s Articles of
•• The Board of Commissioners is tasked with Association;
supervising the management policy, the course 8. Use experts for certain matters and within
of management in general, both regarding a certain period of time at the Company’s
the Company and the Company’s business expense, if deemed necessary;
carried out by the Board of Directors, as well 9. Carry out the management of the
as providing advice to the Board of Directors Company under certain circumstances for
including supervision of the implementation of a certain period of time in accordance with
the Company’s long-term plan, the Company’s the provisions of the Company’s Articles of
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Association and the applicable laws and to OJK no later than 5 (five) business days
regulations; from the discovery of any violation of laws
10. Attend the Board of Directors Meeting and and regulations in the financial and banking
provide views on the matters discussed; sectors, including those related to the
11. Exercise other supervisory authority as Company’s business activities, and/or upon
long as it does not conflict with laws and becoming aware of any condition or potential
regulations, the Articles of Association, condition that may jeopardise the Company’s
and/or the resolution of the GMS; business continuity..
12. Approve the appointment and dismissal of
the Head of the Internal Audit Unit. •• The Board of Commissioners is obliged to:
1. Provide advice to the Board of Directors
•• Based on the BOC Charter, the Board of in carrying out the management of the
Commissioners is authorized to give written Company;
approval to the decision of the Board of 2. Research, review, and sign the Company’s
Directors for the following actions (Article 5 of Long-Term Plan and the Company’s work
the BOC Charter): plan prepared by the Board of Directors
a. Buying, selling, renting or otherwise in accordance with the provisions of the
acquiring or relinquishing rights to Company Articles of Association;
immovable goods, including buildings and 3. Provide opinions and suggestions on the
rights to land and corporations in excess of Company’s long-term plans and work
a certain amount determined by the Board plans;
of Commissioners; 4. Provide approval for the Company’s long-
b. Borrowing or lending money on behalf of term plans and work plans;
the Company that exceeds the rupiah value 5. Follow the development of the Company’s
limit from time to time set by the Board activities, to provide opinions and
of Commissioners, provided that taking suggestions to the GMS on every issue
from the loan or debt account that has that is considered important for the
been made is not considered a loan for the management of the Company;
purposes of this provision; 6. Report to the shareholders of Series A
c. Mortgage, guarantee or otherwise ensure Dwiwarna and the controlling shareholders
the Company’s assets that exceed the in the event of a symptom of declining
rupiah value limit determined from time to performance of the Company;
time by the Board of Commissioners; 7. Propose to the GMS the appointment
d. Binding the Company as a guarantor (borg of a Public Accountant and/or Public
or guarantor) that exceeds the rupiah value Accounting Firm who will conduct an
limit determined from time to time by the audit of the Company’s books;
Board of Commissioners; 8. Examine and review the periodic reports
e. Listing the Company’s shares in the Capital and annual reports prepared by the Board
Market; of Directors and sign the Annual Report;
f. Do not collect again, transfer or release the 9. Provide explanations, opinions and
right to collect on bad principal receivables suggestions to the GMS on the Annual
that have been written off, with the Report, when requested;
provision that from time to time the GMS 10. Prepare the annual work program of the
determines the amount of write-off that Board of Commissioners and include it in
can be used, either to write off bad principal the Company’s work plan;
receivables that have been deleted from the 11. Establish an Audit Committee, Risk
book or to write off the bill for the difference Monitoring Committee and Remuneration
between the principal value and the value and Nomination Committee;
of the payment or release of rights on bad 12. Prepare the Minutes of the Board of
principal receivables that have been written Commissioners Meeting and keep a copy
off. thereof;
13. Report to the Company regarding his/
In reference with SEOJK 14/2025, the Board her and/or family’s shareholding in the
of Commissioners has the authority to report Company and other Companies;
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BOARD OF COMMISSIONERS
14. Provide a report on supervisory tasks that •• The Board of Commissioners is obliged to
have been carried out during the recent evaluate the performance of the committee
financial year to the GMS; that assists in the implementation of its duties
15. Provide explanations of all matters that are and responsibilities as intended in paragraph
asked or requested by the shareholders (2) b number 11 of this Article at the end of each
of Series A Dwiwarna and the controlling financial year.
shareholders by paying attention to the •• The Board of Commissioners together with the
applicable laws and regulations, especially Board of Directors shall compile:
those in the field of Capital Markets; a. Guidelines that bind each member of the
16. Direct, monitor, and evaluate the Board of Commissioners and Board of
implementation of governance, risk Directors, in accordance with the provisions
management, and compliance in an of applicable laws and regulations.
integrated manner as well as the Bank’s b. The Code of Ethics applies to all members of
strategic policies, in accordance with the Board of Commissioners and members
the provisions of laws and regulations, of the Board of Directors, employees/
the Articles of Association, and/or the employees, and supporters of organs
resolution of the GMS. owned by the Company, in accordance with
17. Carry out other obligations in the context the provisions of the applicable laws and
of supervision and advisory duties, as long regulations.
as it does not conflict with the Laws and •• Each member of the Board of Commissioners
Regulations, Articles of Association, and/or is fully and jointly liable for the Company’s
resolutions of the GMS. losses caused by the mistakes or negligence of
the members of the Board of Commissioners in
•• n carrying out their duties, each member of the carrying out their duties..
Board of Commissioners must:
a. Comply with the Articles of Association
and laws and regulations, as well as the BOARD OF COMMISSIONERS
principles of professionalism, efficiency, OVERSIGHT ASSIGNMENT OF DUTIES
transparency, independence, accountability,
accountability, and fairness; To enhance the effectiveness of the Board of
b. In good faith, full of prudence and Commissioners in performing its oversight and
responsibility in carrying out supervisory advisory functions, specific roles are assigned to
duties and providing advice to the Board individual members based on their respective
of Directors for the benefit of the Company competencies and experience. Such assignments
and in accordance with the Company’s are intended to strengthen focus and the quality
purposes and objectives. of supervision, without limiting the rights,
•• Under certain conditions, the Board of obligations, responsibilities, or authorities of each
Commissioners is obliged to hold the Annual member in carrying out their collective duties. The
GMS and Extraordinary GMS in accordance assigned roles are as follows:
with its authority as stipulated in the Laws and
Regulations and Articles of Association.
•• Members of the Board of Commissioners
are obliged to carry out their duties and
responsibilities as intended in paragraph (1) of
this Article in good faith, full of responsibility,
and prudence.
Name Position Assignment of Duties
Member of Remuneration and Nomination Committee
Muhadjir Effendy President Commissioner
Member of Risk Monitoring Committee
Meidy Ferdiansyah* Commissioner Member of Risk Monitoring Committee
Mochamad Agus Rofiudin Commissioner Member of Risk Monitoring Committee
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Name Position Assignment of Duties
Kamaruddin Amin Commissioner Member of Remuneration and Nomination Committee
Chairman of Audit Committee
Independent Chairman of Remuneration and Nomination
Felicitas Tallulembang
Commissioner Committee
Member of Risk Monitoring Committee
Member of Audit Committee
Independent
Nizar Ahmad Saputra Member of Remuneration and Nomination Committee
Commissioner
Chairman of Risk Monitoring Committee
Member of Audit Committee
Independent
Muhammad Syafii Antonio* Member of Remuneration and Nomination Committee
Commissioner
Member of Risk Monitoring Committee
Member of Audit Committee
Independent
Addin Jauharudin* Member of Remuneration and Nomination Committee
Commissioner
Member of Risk Monitoring Committee
*) effective upon obtaining approval from OJK on fit and proper test
RESOLUTIONS THE REQUIRING 4. Carrying out mergers, consolidations,
APPROVAL OF THE BOARD OF acquisitions, spin-offs, and dissolutions
COMMISSIONERS of subsidiaries and joint ventures with a
certain value as determined by the Board of
Resolutions requiring the written approval of the Commissioners, with due regard to provisions
Board of Commissioners have been stipulated in the Capital Market sector, Islamic Banking,
in the Company’s Articles of Association, while and other relevant regulations.
remaining in compliance with prevailing laws and 5. Carrying out transfers, including sales,
regulations. In this regard, the Board of Directors assignment of collection rights, and/or
is required to first obtain written approval from discontinuation of collection of written-off bad
the Board of Commissioners for certain actions debts or non-performing principal obligations,
that have strategic, governance, or financial either partially or wholly, in accordance with
implications for the Company. the policy of the Board of Directors that has
been approved by the Board of Commissioners
The actions of the Board of Directors that require and within the write-off ceiling determined by
the written approval of the Board of Commissioners the GMS.
include the following: 6. Entering into cooperation with business
entities or other parties in the form of joint
1. Releasing, transferring, and/or encumbering operations, management contracts, licensing
the Company’s assets with criteria and value agreements, Build, Operate and Transfer
exceeding a certain amount as determined (BOT), Build, Operate and Owned (BOO), as
by the Board of Commissioners, excluding the well as other similar agreements, which have
Company’s assets used in the conduct of the a material financial impact on the Company
Company’s business activities, while taking into and are valid for a period of more than 1 (one)
account the provisions in the Capital Market year or 1 (one) business cycle, or whose value
sector and the Islamic Banking sector. exceeds the threshold determined by the
2. Determining and changing the Company’s Board of Commissioners.
logo. 7. Appointing and dismissing the Head of Internal
3. Making capital participation, divesting capital Audit.
participation, including changes in the capital 8. Proposing the Company’s representative to
structure of other companies, subsidiaries, and become a candidate member of the Board of
joint ventures that are not carried out in the Directors and/or the Board of Commissioners
context of loan recovery, with a certain value of a subsidiary.
as determined by the Board of Commissioners
and with due regard to prevailing laws and
regulations.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF COMMISSIONERS
9. Establishing subsidiaries and/or joint ventures The term of office of a member of the Board of
with a certain value as determined by the Commissioners ends when:
Board of Commissioners, with due regard to a. His resignation has been effective, as intended
prevailing laws and regulations. in the Articles of Association;
10. Issuing bonds or other debt instruments b. Passed away;
exceeding a certain value threshold as c. Term of office ended;
determined by the Board of Commissioners. d. Dismissed based on the decision of the GMS; or
e. Declared bankrupt by the Commercial Court
which has permanent legal force or is placed
BOARD OF COMMISSIONERS TERM OF under guardianship based on a court decision;
OFFICE or
f. No longer meet the requirements as a member
Members of the Board of Commissioners are of the Board of Commissioners based on the
appointed and dismissed by the GMS. The provisions of the Articles of Association and
appointment of members of the Board of Laws and Regulations.
Commissioners must obtain approval from the
Authority (Financial Services Authority). In reference with SEOJK No. 14/SEOJK.03/2025,
the dismissal or replacement of members of the
Members of the Board of Commissioners who Board of Commissioners prior to the end of their
have fulfilled the requirements in accordance with term of office is carried out by prioritising the
the prevailing laws and regulations are appointed best interests of the Bank and in full compliance
by the GMS for a term commencing from the with prevailing laws and regulations. Such
closing of the GMS that appoints them or from actions, including temporary suspension by
another time determined by the GMS, and ending the GMS, are implemented with due regard
at the closing of the 3rd (third) Annual GMS after to the scope of authority as stipulated under
their appointment, without prejudice to the right applicable provisions. Decisions on dismissal or
of the GMS to dismiss them at any time before the temporary suspension may be based on various
end of their term of office with due observance considerations, including personal reasons,
of the provisions in the Capital Market and Sharia performance evaluation, recommendations from
Banking sectors. regulators or shareholders, as well as legal issues
that may affect the effective discharge of duties
After their term of office has expired, Board and responsibilities.
members may be reappointed for 1 (one) term in
accordance with the GMS decision.
MECHANISM OF RESIGNATION
A member of the Board of Commissioners may AND DISMISSAL OF THE BOARD OF
resign from his position before the end of his term COMMISSIONERS
of office, by being obliged to submit a written
request for resignation to the Company regarding Resignation
his intentions, no later than 90 (ninety) calendar a. A member of the Board of Commissioners may
days before the effective date of his desired resign before the end of their term of office
resignation. by submitting a written resignation request
to the Company at least 90 (ninety) calendar
The term of office of a person appointed to replace days prior to the intended effective date of
a member of the Board of Commissioners who is resignation.
dismissed or resigns or fills a vacancy or increases b. The Company is required to convene a GMS to
the number of new members of the Board of decide on the resignation request of the relevant
Commissioners shall be from the close of the GMS member of the Board of Commissioners no
appointing him or any other date fixed by the GMS later than ninety (90) calendar days after receipt
and ending at the close of the 3rd (third) Annual of the resignation letter, in compliance with
GMS after his appointment, unless otherwise applicable regulations in the capital market
specified by the GMS. and Sharia banking sectors.
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c. The Company is required to disclose the a. Unable to perform its duties properly;
resignation to the public and notify the OJK no b. Violating the provisions of the Articles of
later than 2 (two) business days after receipt Association and/or applicable laws and
of the resignation request as referred to in regulations;
point (a) and after the outcome of the GMS as c. Committing acts that violate ethics and/
referred to in point (b). or propriety that should be respected as a
d. Prior to the resignation becoming effective, member of the Board of Commissioners;
the relevant member of the Board of d. Engaging in actions that are detrimental to
Commissioners remains obligated to carry out the Company and/or the state;
and complete their duties and responsibilities e. Found guilty by a court decision that has
in accordance with the Articles of Association permanent legal force;
and prevailing laws and regulations. f. Other reasons that are considered
e. A member of the Board of Commissioners appropriate by the GMS are in the interests
who resigns as described above may remain and objectives of the Company.
accountable for their actions as a member of •• A resolution on dismissal for the reasons as
the Board of Commissioners from the date referred to in paragraph (20) letters a, b, c, d,
of appointment until the date on which the and/or f of Article 21 of the Articles of Association
resignation is approved by the GMS. shall be adopted after the relevant member
f. The release and discharge of liability has been given the opportunity to present a
of a resigning member of the Board of defence at the GMS.
Commissioners shall be granted upon approval •• Dismissal for reasons as referred to in paragraph
by the Annual GMS. (20) letter d- and/or letter e of Article 21 of the
Articles of Association is dishonorable dismissal.
Dismissal of the Board of Commissioners •• While the dismissal process as referred to in
•• Members of the Board of Commissioners are paragraph (21) of Article 21 of the Articles of
appointed and dismissed by the GMS. The Association is ongoing and has not yet been
appointment of Board members is subject to decided by the GMS in accordance with the
approval from the competent authority, the Articles of Association, the relevant member of
Financial Services Authority. the Board of Commissioners remains obligated
•• Members of the Board of Commissioners to perform their duties as required..
are appointed and dismissed by the GMS in
accordance with the attendance and decision
quorum as stipulated in the Company Articles
of Association.
•• Resolutions of the GMS regarding the
appointment and dismissal of members of the
Board of Commissioners shall also determine
the effective date of such appointment and
dismissal. If the GMS does not specify the
effective date, the appointment and dismissal
shall take effect as of the closing of the GMS.
•• Members of the Board of Commissioners may
be dismissed at any time based on a resolution
of the GMS, with the reasons clearly stated.
•• The grounds for the dismissal of a member
of the Board of Commissioners as referred
to in paragraph 19 of Article 21 of the Articles
of Association shall apply if, based on factual
circumstances, the relevant member of the
Board of Commissioners, among others:
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BOARD OF COMMISSIONERS
BOARD OF COMMISSIONERS and/or a Financial Conglomeration (KUB); and/
CONCURRENT POSITIONS or
c. Members of the Board of Commissioners
Members of the Board of Commissioners are holding positions in non-profit organizations
prohibited from holding concurrent positions as: or institutions, provided that such positions
a. Members of the Board of Directors of State- do not interfere with the performance of their
Owned Enterprises, Regional-Owned duties and responsibilities as members of the
Enterprises, Private-Owned Enterprises; Board of Commissioners.
b. Political party administrators, legislative
members and/or regional heads/deputy
regional heads; CONFLICT OF INTEREST POLICY
c. Candidates for legislative members and/or
candidates for regional heads/deputy regional BSI implements a Conflict of Interest Policy to
heads; ensure that all decisions are made objectively, fairly,
d. Other positions in accordance with the and in the best interests of the Bank. The policy
provisions of the applicable laws and applies to members of the Board of Directors, the
regulations; Board of Commissioners, Bank committees, the
e. Other positions that can cause conflicts of Sharia Supervisory Board (SSB), Executive Officers,
interest. and all employees.
In addition, in reference with SEOJK 14/2025, BSI consistently identifies, prevents, and manages
members of the Board of Commissioners are potential conflicts of interest arising from its
prohibited from holding concurrent positions as business activities. Any party with a conflict of
follows: interest is required to disclose such conflict and
a. As members of the Board of Directors, Board is prohibited from participating in decisions or
of Commissioners, Sharia Supervisory Board, actions that may be detrimental to or reduce
or executive officers in financial institutions or the Bank’s interests. All disclosures are properly
companies, whether banking or non-banking; recorded and documented, including in meeting
b. As members of the Board of Directors, Board minutes, as part of the Bank’s commitment to
of Commissioners, Sharia Supervisory Board, transparency and accountability.
or executive officers in more than 1 (one) non-
financial institution or company, whether As a preventive measure, BSI ensures that
domiciled in Indonesia or abroad; transactions with related parties are conducted
c. In functional positions within banking or on an arm’s length basis and are not more
non-banking financial institutions, whether favourable than transactions with other parties
domiciled in Indonesia or abroad; under comparable conditions. Through this policy,
d. In any other position that may create a conflict BSI strengthens the integrity of its governance
of interest in carrying out their duties as practices and upholds stakeholder trust.
members of the Board of Commissioners; and/
or
e. In other positions as regulated by applicable MANAGEMENT OF THE BOARD OF
laws and regulations. COMMISSIONERS CONFLICTS OF
INTEREST
The following are exceptions to the prohibition on
holding concurrent positions: Among the members of the Board of
a. Members of the Board of Commissioners Commissioners and among the members of the
serving as members of the Board of Directors, Board of Commissioners and members of the
Board of Commissioners, or executive officers Board of Directors, it is prohibited to have family
performing supervisory functions in 1 (one) relations up to the third degree, either according to
non-bank subsidiary controlled by the Bank; straight lines or sideways, including relationships
b. Non-Independent Commissioners performing arising from marital ties (including sons-in-law or
functional duties on behalf of the Bank’s brother-in-law).
shareholder that is a legal entity in the Bank
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Every member of the Board of Commissioners is •• Family relationships by marriage or lineage up
prohibited from taking personal benefits either to the second degree, both horizontally and
directly or indirectly from the Company’s activities vertically.
other than legitimate income. •• Financial relationships reflecting direct or
indirect economic interests.
•• Management or supervisory relationships with
BOARD OF COMMISSIONERS the Bank’s Controlling Shareholders.
AFFILIATED RELATIONS •• Share ownership relationships of members
of the Board of Directors, the Board of
BSI applies transparency and independence in Commissioners, and/or the SSB in the Bank’s
managing affiliated relations among members of Controlling Shareholders as legal entities.
the Board of Directors, the Board of Commissioners,
and the Sharia Supervisory Board (SSB), both During the reporting period, members of the
with other members of the governing bodies Board of Commissioners had no affiliated
and with the Bank’s Controlling Shareholders. relations with other members of the Board of
This arrangement forms part of the Bank’s Commissioners, the Board of Directors, the Sharia
implementation of Good Corporate Governance Supervisory Board, and/or the Bank’s Controlling
and compliance with regulatory requirements. Shareholders. Accordingly, the Board of Directors
was able to perform its duties and responsibilities
Affiliated relations encompass financial and/or independently and professionally.
family relationships that may give rise to conflicts
of interest and affect the objectivity of decision- Details of the affiliated relations of the Board of
making. Such relations may include: Commissioners are presented in the table below.
Affiliations of the Board of Commissioners
Financial, Family, and Management Relations of the BOC
Management
Financial Relations With Family Relations With
Relations
Name Position Sharia Sharia
Controlling Controlling
BOC BOD Supervisory BOC BOD Supervisory BOC
Shareholders Shareholders
Board Board
Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Muhadjir President
√ √ √ √ √ √ √ √ √
Effendy Commissioner
Meidy
Commissioner √ √ √ √ √ √ √ √ √
Ferdiansyah*
Mochamad
Commissioner √ √ √ √ √ √ √ √ √
Agus Rofiudin
Kamaruddin
Commissioner √ √ √ √ √ √ √ √ √
Amin
Felicitas Independent
√ √ √ √ √ √ √ √ √
Tallulembang Commissioner
Nizar Ahmad Independent
√ √ √ √ √ √ √ √ √
Saputra Commissioner
Muhammad Independent
√ √ √ √ √ √ √ √ √
Syafii Antonio* Commissioner
Addin Independent
√ √ √ √ √ √ √ √ √
Jauharudin* Commissioner
*) effective upon obtaining approval from OJK on fit and proper test
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INDEPENDENT COMMISSIONER
An Independent Commissioner is a member of the Board of Commissioners who has no financial,
management, share ownership, and/or family relationships with members of the Board of Directors,
other members of the Board of Commissioners, and/or the Controlling Shareholders. In addition,
the Independent Commissioner has no relationship with the Bank that may impair the ability to act
objectively, independently, and free from conflicts of interest.
Referring to the provisions of SEOJK No. 14/SEOJK.03/2025, Independent Commissioners must constitute
at least 50% (fifty percent) of the total members of the Board of Commissioners. Of the total 8 (eight)
members of BSI’s Board of Commissioners, 4 (four) members are Independent Commissioners who were
appointed based on the resolution of the AGMS dated May 16, 2025.
Independent Commissioners Criteria
BSI establishes and applies the criteria for Independent Commissioners in accordance with SEOJK No.
14/SEOJK.03/2025. In the appointment process, candidates for Independent Commissioner are required
to acquire adequate knowledge of banking that is relevant to the oversight role. In addition, candidates
must have experience in the banking sector and/or the financial industry.
Fulfilment of these requirements is cumulative and forms the basis for assessing the eligibility of
Independent Commissioner candidates. Through the application of these criteria, BSI ensures that
Independent Commissioners are equipped with the necessary competence, independence, and
capability to perform their supervisory functions effectively and objectively in line with their roles and
responsibilities.
Independent Commissioner
Independent Commissioner Criteria Muhammad
Felicitas Nizar Ahmad Addin
Syafii
Tallulembang Saputra Jauharudin*
Antonio*
Has not been employed by, nor held authority or
responsibility to plan, direct, control, or supervise
the activities of the Issuer or Public Company √ √ √ √
within the last 6 (six) months, except in the case of
reappointment.
Does not own shares, either directly or indirectly, in
√ √ √ √
the Issuer or Public Company.
Has no affiliated relationship with the Issuer or Public
Company, members of the Board of Commissioners,
√ √ √ √
members of the Board of Directors, or the controlling
shareholders of the Issuer or Public Company.
Has no business relationship, either directly or
indirectly, related to the business activities of the √ √ √ √
Issuer or Public Company.
Adequate and relevant knowledge in the field of
banking in relation to the position as an Independent √ √ √ √
Commissioner; and
Experience in the banking and/or financial sector. √ - √ -
*) effective upon obtaining approval from OJK on fit and proper test
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Independence of Independent Commissioners exercising their roles and authorities.
BSI implements the independence requirements
for Independent Commissioners in accordance Concurrent Positions of Independent
with SEOJK No. 14/SEOJK.03/2025. Independent Commissioners
Commissioners must be free from financial, Independent Commissioners of BSI are prohibited
management, share ownership, and/or family from holding concurrent positions as public
relationships with members of the Board of officials, whether in structural or functional roles.
Directors, other members of the Board of This restriction is implemented to prevent conflicts
Commissioners, the Sharia Supervisory Board of interest and to ensure that Independent
(SSB), and the Bank’s Controlling Shareholders Commissioners maintain full independence and
up to the ultimate controlling shareholders. In the capacity required to perform their supervisory
addition, they must have no relationship with the duties effectively.
Bank that may impair their ability to act objectively
and independently. Independent Commissioner Independence
Statement
Fit & Proper Test for Independent BSI ensures that all Independent Commissioners
Commissioner Candidates have signed an Independence Statement
BSI requires all Independent Commissioner confirming their compliance with all required
candidates to undergo a Fit and Proper Test criteria and independence requirements in
in accordance with regulatory provisions. accordance with prevailing laws and regulations.
Applications for the assessment are submitted Such statements have been submitted to the
after the completion of the required cooling-off Financial Services Authority as part of the Bank’s
period, at the earliest 90 (ninety) days after the regulatory compliance and Good Corporate
commencement of the cooling-off period, to Governance implementation.
ensure compliance with integrity, competence,
and independence requirements. The following is the statement of independence of
the Independent Commissioner:
Change of Status From Non-Independent
Commissioner to Independent Commissioner I hereby declare that I:
Any change of status from a Non-Independent 1. Do not have any financial relationship,
Commissioner to an Independent Commissioner management relationship, ownership
at BSI is subject to prior approval from the Financial relationship, and/or family relationship with
Services Authority. Candidates are required to members of the Board of Directors, members
submit an independence declaration and fulfil all of the Board of Commissioners, and/or
applicable independence criteria. The Financial controlling shareholders, or any relationship
Services Authority may request additional with the bank that may affect my ability to act
supporting documents, including statements independently as regulated under the Financial
from Controlling Shareholders, to confirm the Services Authority Regulation concerning the
candidate’s independence. implementation of governance for commercial
banks.
Dismissal or Replacement of Independent 2. Do not hold concurrent positions in
Commissioners accordance with Article 46 of the Financial
The dismissal or replacement of an Independent Services Authority Regulation concerning the
Commissioner prior to the end of the term of implementation of governance for commercial
office requires prior approval from the Financial banks.
Services Authority before being decided at the 3. Have not had any relationship with the bank
GMS. BSI submits the application together within the past 1 (one) year that may affect my
with supporting reasons and documentation, ability to act independently.
including performance considerations, legal
matters, or other factors that may affect the
effective discharge of duties and responsibilities.
Independent Commissioners who have not
obtained regulatory approval are prohibited from
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4. If at any time it is found that I have a relationship as referred to in point 1 and concurrent positions as
referred to in point 2, I am willing to resign from my position as Independent Commissioner and agree
to be replaced.
BOARD OF COMMISSIONERS MEETING
The procedures and requirements for BSI Board of Commissioners meetings are regulated in the Articles
of Association and the BOC Charter.
The main conditions for this meeting are as follows:
1. A meeting of the Board of Commissioners may be held at any time as deemed necessary by one or
more members of the Board of Commissioners, or upon a written request from the Board of Directors
specifying the matters to be discussed.
2. Meeting Frequency:
The Board of Commissioners is required to hold regular meetings at least once (1) each month, at
which the Board of Commissioners may invite members of the Board of Directors to attend.
3. Joint Meeting with the Board of Directors:
The Board of Commissioners shall hold regular meetings with the Board of Directors at least once in
3 (three) months.
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4. Quorum Requirements: 9. Meeting Decision-Making:
A meeting of the Board of Commissioners may Resolutions of the Board of Commissioners’
be convened, deemed valid, and authorised to meetings shall, in principle, be adopted
adopt binding resolutions if it is attended by or through deliberation to reach consensus. In
represented by more than one-half (1/2) of the the event that consensus cannot be achieved,
total members of the Board of Commissioners. resolutions shall be passed by a majority vote,
being approved by more than one-half (1/2) of
5. Meeting Invitations: the members of the Board of Commissioners
Meetings of the Board of Commissioners are present or represented at the meeting.
convened by the President Commissioner. In
the event that the President Commissioner 10. Meeting Results:
is unavailable, one member of the Board of The results of the meeting must be recorded
Commissioners appointed by the President in meeting minutes, signed by the members of
Commissioner is authorised to convene the the Board of Commissioners and the members
meeting. Meeting notices must be delivered of the Board of Directors in attendance, and
to all members of the Board of Commissioners circulated to all members of the Board of
no later than five (5) calendar days prior to Commissioners and the Board of Directors.
the meeting, excluding the date of notice and If any member of the Board of Directors and/
the meeting date, or within a shorter period or the Board of Commissioners does not sign
in urgent circumstances, namely at least the minutes, the relevant member is required
one (1) calendar day prior to the meeting, as to provide a written explanation in a separate
determined by the President Commissioner. letter to be attached to the meeting minutes.
If all members of the Board of Commissioners The meeting minutes constitute valid evidence
are present, prior notice is not required. The of the resolutions adopted at the relevant
meeting notice must state the agenda, date, Board of Commissioners’ meeting, both for the
time, and venue of the meeting. members of the Board of Commissioners and
for third parties..
6. Meeting Chairman:
Meetings of the Board of Commissioners are 11. Meeting Documentation:
chaired by the President Commissioner. In the The meeting minutes must be properly
absence of the President Commissioner, the documented and maintained by the Company.
meeting shall be chaired by a Commissioner
appointed to do so.
7. Meeting Materials:
Meeting materials are distributed to participants
no later than 5 (five) days prior to the meeting.
If the meeting is held outside the regular
schedule, the materials may be provided prior
to the meeting.
8. Meeting Convention:
If a member of the Board of Commissioners
is unable to attend the meeting in person,
the member may participate through
teleconference, video conference, or other
electronic communication media in accordance
with prevailing regulations.
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Internal Board of Commissioners Meeting Plan
The Board of Commissioners determines the meeting plan for the 2025 financial year as follows:
No. Month Agenda
1. Performance Evaluation for December 2024
1. January
2. Project Progress Update
1. Performance Evaluation for January 2025
2. February
2. Project Progress Update
1. Performance Evaluation for February 2025
3. March 2. Project Progress Update
3. GMS Preparation Update
1. . Performance Evaluation for March 2025
4. April
2. Project Progress Update
1. Performance Evaluation for April 2025
5. May 2. Project Progress Update
3. Branch Service Update and RBB Review Update
1. Performance Evaluation for May 2025
6. June
2. Project Progress Update
1. Performance Evaluation for June 2025
7. July
2. Project Progress Update
1. Performance Evaluation for July 2025
8. August
2. Project Progress Update
1. Performance Evaluation for August 2025
9. September
2. Project Progress Update
1. Performance Evaluation for September 2025
10. October
2. Approval of the Proposed RBB 2026–2028 and Approval of Corporate Planning
1. Performance Evaluation for October 2025
11. November
2. Project Progress Update
1. Performance Evaluation for November 2025
12. December
2. Project Progress Update
Board of Commissioners Internal Meetings Realization
Throughout 2025, the agendas, dates, and participants of the Board of Commissioners’ meetings were
as follows:
No. Date Meeting Agenda Meeting Participants Attendance Reason for Absence
1. Januari 16, 2025 1. December Muliaman D Hadad Present -
2024 BSI
Adiwarman Karim Present -
Performance
Evaluation Komaruddin Hidayat Present -
Muhammad Nasir Present -
2. Clearance
Meeting Audit Suyanto Present -
BSI Tahun Masduki Baidlowi Not Present leave/sick leave
2024
Fauzi Present -
Nazaruddin Present -
Abu Rokhmad Present -
Felicitas Tallulembang Present -
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No. Date Meeting Agenda Meeting Participants Attendance Reason for Absence
2. February 20, 2025 1. January Muliaman D Hadad Present -
2025 BSI
Adiwarman Karim Present -
Performance
Evaluation Komaruddin Hidayat Present -
Muhammad Nasir Present -
2. Persiapan
Operasional Suyanto Present -
Menjelang Masduki Baidlowi Present -
Ramadhan
dan Hari Raya Fauzi Present -
Idul Fitri Nazaruddin Present -
Abu Rokhmad Not Present leave/sick leave
Felicitas Tallulembang Present -
3. March 20, 2025 February 2025 Muliaman D Hadad Present -
BSI Performance
Adiwarman Karim Present -
Evaluation
Komaruddin Hidayat Present -
Muhammad Nasir Present -
Suyanto Present -
Masduki Baidlowi Present -
Fauzi Present -
Nazaruddin Present -
Abu Rokhmad Present -
Felicitas Tallulembang Present -
4. April 24, 2025 March 2025 BSI Muliaman D Hadad Present -
Performance
Adiwarman Karim Present -
Evaluation
Komaruddin Hidayat Present -
Muhammad Nasir Present -
Suyanto Present -
Masduki Baidlowi Present -
Fauzi Present -
Nazaruddin Present -
Abu Rokhmad Present -
Felicitas Tallulembang Present -
5. May 26, 2025 1. Changes Felicitas Tallulembang Present -
to the
Muhadjir Effendi* Present -
Committee
Composition Nizar Ahmad Saputra* Present -
- Board of Addin Jauharudin* Present -
Commissio-
ners Mohammad Syafii Antonio* Present -
Mohammad Agus Rofiudin* Present -
2. April 2025 BSI
Kamaruddin Amin* Present -
Performance
Evaluation Meidy Ferdiansyah* Present -
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No. Date Meeting Agenda Meeting Participants Attendance Reason for Absence
6. June 5, 2025 Proposed Felicitas Tallulembang Not Present Hajj
Changes to BSI’s
Muhadjir Effendi* Present -
Bank Business
Plan (RBB) 2025- Nizar Ahmad Saputra* Present -
2027 Addin Jauharudin* Not Present Hajj
Mohammad Syafii Antonio* Present -
Mohammad Agus Rofiudin* Not Present Hajj
Kamaruddin Amin* Not Present Hajj
Meidy Ferdiansyah* Not Present -
7. June 19, 2025 May 2025 BSI Felicitas Tallulembang Present -
Performance
Muhadjir Effendi* Present -
Evaluation
Nizar Ahmad Saputra* Present -
Addin Jauharudin* Present -
Mohammad Syafii Antonio* Not Present Hajj
Mohammad Agus Rofiudin* Present -
Kamaruddin Amin* Not Present Hajj
Meidy Ferdiansyah* Present -
8. July 16, 2025 Kick-Off Meeting Felicitas Tallulembang Present -
of KAP E & Y’s
Muhadjir Effendi* Present -
Audit of BSI’s
Financial Nizar Ahmad Saputra* Present -
Statements as of Addin Jauharudin* Present -
June 30, 2025
Mohammad Syafii Antonio* Present -
Mohammad Agus Rofiudin* Present -
Kamaruddin Amin* Present -
Meidy Ferdiansyah* Present -
9. July 24, 2025 June 2025 BSI Felicitas Tallulembang Present -
Performance
Muhadjir Effendi* Present -
Evaluation
Nizar Ahmad Saputra* Present -
Addin Jauharudin* Present -
Mohammad Syafii Antonio* Present -
Mohammad Agus Rofiudin* Present -
Kamaruddin Amin* Present -
Meidy Ferdiansyah* Present -
10 August 20, 2025 July 2025 BSI Felicitas Tallulembang Present -
Performance
Muhadjir Effendi* Present -
Evaluation
Nizar Ahmad Saputra* Present -
Addin Jauharudin* Present -
Mohammad Syafii Antonio* Present -
Mohammad Agus Rofiudin* Present -
Kamaruddin Amin* Present -
Meidy Ferdiansyah* Present -
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No. Date Meeting Agenda Meeting Participants Attendance Reason for Absence
11. September 24, August 2025 BSI Felicitas Tallulembang Present -
2025 Performance
Muhadjir Effendi Present -
Evaluation
Nizar Ahmad Saputra* Present -
Addin Jauharudin* Present -
Mohammad Syafii Antonio* Present -
Mohammad Agus Rofiudin* Present -
Kamaruddin Amin* Present -
Meidy Ferdiansyah* Present -
12. October 22, 2025 1. September Felicitas Tallulembang Present -
2025 BSI
Muhadjir Effendi Present -
Performance
Evaluation Nizar Ahmad Saputra* Present -
2. Approval of
2026-2028 Addin Jauharudin* Present -
RBB Proposal Mohammad Syafii Antonio* Present -
3. Approval of
Corporate Mohammad Agus Rofiudin* Present -
Planning
Kamaruddin Amin* Present -
Meidy Ferdiansyah* Present -
13. November 27, 2025 October 2025 Felicitas Tallulembang Present -
BSI Performance
Muhadjir Effendi Present -
Evaluation
Nizar Ahmad Saputra* Present -
Addin Jauharudin* Present -
Mohammad Syafii Antonio* Present -
Mohammad Agus Rofiudin* Present -
Kamaruddin Amin* Present -
Meidy Ferdiansyah* Present -
14. December 15, 2025 Proposed Felicitas Tallulembang Present -
Changes to
Muhadjir Effendi Present -
the Members
of the Board of Nizar Ahmad Saputra Present -
Commissioners'
Supporting Addin Jauharudin* Present -
Committee Mohammad Syafii Antonio* Present -
Mohammad Agus Rofiudin Present -
Kamaruddin Amin Present -
Meidy Ferdiansyah* Present -
15. December 17, 2025 1. November Felicitas Tallulembang Present -
2025 BSI
Muhadjir Effendi Present -
Performance
Evaluation Nizar Ahmad Saputra Present -
2. Hardclose
Audit by KAP Addin Jauharudin* Present -
E&Y on BSI Mohammad Syafii Antonio* Present -
Financial
Statements as Mohammad Agus Rofiudin Present -
of December
Kamaruddin Amin Not Present leave/sick leave
31, 2025
Meidy Ferdiansyah* Present -
*The appointment is effective upon approval from the Financial Services Authority regarding the fit and proper test.
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Joint Meetings of the Board of Commissioners and the Board of Directors
Throughout 2025, the agenda, dates, and participants for Joint Meetings of the Board of Commissioners
and the Board of Directors are as follows.
Joint Meeting of the Board of Commissioners with the Board of Directors
Meeting Participants
Meeting Meeting Participants
No. Agenda - Board of Attendance Attendance
Date - Board of Directors
Commissioners
1. Januari 16, December Muliaman D Hadad Present Hery Gunardi Present
2025 2024 BSI
Adiwarman Karim Present Tribuana Tunggadewi Present
Performance
Evaluation Komaruddin Hidayat Present Ari Rizaldi Present
Muhammad Nasir Present Saladin Dharma Present
Nugraha Effendi
Suyanto Present Harry Gusti Present
Masduki Baidlowi Not Present Bob Tyasika Ananta Present
Fauzi Present Ade Cahyo Nugroho Present
Nazaruddin Present Anton Sukarna Present
Abu Rokhmad Present Grandhis Helmi Present
Harumansyah
Felicitas Present Zaidan Novari Present
Tallulembang
2. February 20, Januari 2025 BSI Muliaman D Hadad Present Zaidan Novari Present
2025 Performance
Adiwarman Karim Present Hery Gunardi Present
Evaluation
Komaruddin Hidayat Present Tribuana Tunggadewi Present
Muhammad Nasir Present Ari Rizaldi Not Present
Suyanto Saladin Dharma
Present Present
Nugraha Effendi
Masduki Baidlowi Present Harry Gusti Present
Fauzi Present Bob Tyasika Ananta Present
Nazaruddin Present Ade Cahyo Nugroho Present
Abu Rokhmad Not Present Anton Sukarna Not Present
Felicitas Grandhis Helmi
Present Present
Tallulembang Harumansyah
3. March 20, February Muliaman D Hadad Present Hery Gunardi Present
2025 2025 BSI
Adiwarman Karim Present Tribuana Tunggadewi Present
Performance
Evaluation Komaruddin Hidayat Present Ari Rizaldi Present
Muhammad Nasir Present Saladin Dharma Present
Nugraha Effendi
Suyanto Present Harry Gusti Not Present
Masduki Baidlowi Present Bob Tyasika Ananta Present
Fauzi Present Ade Cahyo Nugroho Present
Nazaruddin Present Anton Sukarna Present
Abu Rokhmad Present Grandhis Helmi Present
Harumansyah
Felicitas Present Zaidan Novari Present
Tallulembang
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Meeting Participants
Meeting Meeting Participants
No. Agenda - Board of Attendance Attendance
Date - Board of Directors
Commissioners
4. April 24, 2025 March 2025 BSI Muliaman D Hadad Present Tribuana Tunggadewi Present
Performance
Adiwarman Karim Present Harry Gusti Present
Evaluation
Komaruddin Hidayat Present Bob Tyasika Ananta Present
Muhammad Nasir Present Ade Cahyo Nugroho Present
Suyanto Present Anton Sukarna Present
Masduki Baidlowi Present Grandhis Helmi Present
Harumansyah
Fauzi Present Zaidan Novari Present
Nazaruddin Present
Abu Rokhmad Present
Felicitas Present
Tallulembang
5. May 26, 2025 April 2025 BSI Felicitas Tallulembang Present Anggoro Eko Cahyo* Present
Performance
Muhadjir Effendi Present Bob Tyasika Ananta Present
Evaluation
Nizar Ahmad Saputra Present Ade Cahyo Nugroho Present
Addin Jauharudin* Present Anton Sukarna Present
Mohammad Syafii Present Grandhis Helmi Not Present
Antonio* Harumansyah
Mohammad Agus Present Zaidan Novari Present
Rofiudin
Kamaruddin Amin Present Firman Nugraha* Present
Meidy Ferdiansyah* Not Present Kemas Erwan Present
Husainy*
Muharto Hadi Present
Suprapto*
6 August 21, July 2025 BSI Felicitas Present Arief Adhi Sanjaya* Present
2025 Performance Tallulembang
Evaluation
Muhadjir Effendi Present Anggoro Eko Cahyo* Present
Nizar Ahmad Saputra Present Bob Tyasika Ananta Present
Addin Jauharudin* Present Ade Cahyo Nugroho Present
Mohammad Syafii Present Anton Sukarna Present
Antonio*
Mohammad Agus Present Grandhis Helmi Present
Rofiudin Harumansyah
Kamaruddin Amin Present Zaidan Novari Present
Meidy Ferdiansyah* Present Firman Nugraha* Present
Kemas Erwan Present
Husainy*
Muharto Hadi Present
Suprapto*
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Meeting Participants
Meeting Meeting Participants
No. Agenda - Board of Attendance Attendance
Date - Board of Directors
Commissioners
7. September August 2025 BSI Felicitas Tallulembang Present Anggoro Eko Cahyo Present
25, 2025 Performance Muhadjir Effendi Present Bob Tyasika Ananta Present
Evaluation
Nizar Ahmad Saputra* Present Ade Cahyo Nugroho Present
Addin Jauharudin* Present Anton Sukarna Present
Mohammad Syafii Present Grandhis Helmi Present
Antonio* Harumansyah
Mohammad Agus Present Zaidan Novari Present
Rofiudin*
Kamaruddin Amin* Present Firman Nugraha* Present
Meidy Ferdiansyah* Present Kemas Erwan Present
Husainy*
Muharto Hadi Present
Suprapto*
Arief Adhi Sanjaya* Present
8. November 27, October Felicitas Tallulembang Present Anggoro Eko Cahyo Not Present
2025 2025 BSI Muhadjir Effendi Present Bob Tyasika Ananta Present
Performance
Evaluation Nizar Ahmad Saputra* Present Ade Cahyo Nugroho Present
Addin Jauharudin* Present Anton Sukarna Present
Mohammad Syafii Present Grandhis Helmi Present
Antonio* Harumansyah
Mohammad Agus Present Zaidan Novari Present
Rofiudin*
Kamaruddin Amin* Present Firman Nugraha* Present
Meidy Ferdiansyah* Present Kemas Erwan Husainy Not Present
Present Muharto Hadi Present
Suprapto
Arief Adhi Sanjaya* Present
9 December 18, 1. November Felicitas Tallulembang Present Anggoro Eko Cahyo Present
2025 2025 BSI Muhadjir Effendi Present Bob Tyasika Ananta Present
Performance
Evaluation Nizar Ahmad Saputra Present Ade Cahyo Nugroho Present
2. Hardclose Addin Jauharudin* Present Anton Sukarna Present
Audit of KAP Mohammad Syafii Present Grandhis Helmi Present
E&Y on BSI Harumansyah
Antonio*
Financial
Statements as Mohammad Agus Present Zaidan Novari Present
of December Rofiudin
31, 2025 Kamaruddin Amin Present Firman Nugraha Present
Meidy Ferdiansyah* Present Kemas Erwan Husainy Not Present
Muharto Hadi Present
Suprapto
Arief Adhi Sanjaya Present
*The appointment shall take effect upon obtaining approval from the Financial Services Authority based on an assessment of
competence and suitability (fit and proper test).
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Joint Meeting of the Board of Commissioners with the Board of Directors and Sharia Supervisory
Board
Meeting Meeting Participants
Meeting
Participants – Board of Directors
No. Agenda Attendance Attendance
– Board of and Sharia
Date
Commissioners Supervisory Board
1. Januari 16, 2025 PwC: Clearance Muliaman D Hadad Present Hery Gunardi Not Present
Meeting Meeting Adiwarman Karim Present Tribuana Not Present
Audit BSI 2024 Tunggadewi
Komaruddin Present Ari Rizaldi Not Present
Hidayat
Muhammad Nasir Present Saladin D. Effendi Present
Suyanto Present Harry Gusti Not Present
Masduki Baidlowi Not Present Bob Tyasika Ananta Present
Fauzi Present Ade Cahyo Nugroho Present
Nazaruddin Present Anton Sukarna Not Present
Abu Rokhmad Present Grandhis Helmi Present
Harumansyah
Felicitas Present Zaidan Novari Present
Tallulembang
Hasanuddin Present
Moh. Hidayat Present
Oni Sahroni Present
Abdul Ghofur Present
Jaih Mubarok Present
Hasanuddin Present
Moh. Hidayat Present
Oni Sahroni Present
Abdul Ghofur Present
Jaih Mubarok Present
2. Juni 19, 2025 May 2025 BSI Felicitas Present Bob Tyasika Ananta Not Present
Performance Tallulembang
Evaluation Muhadjir Effendi* Present Ade Cahyo Nugroho Present
Nizar Ahmad Present Anton Sukarna Present
Saputra*
Addin Jauharudin* Present Grandhis Helmi Present
Harumansyah
Mohammad Syafii Not Present Zaidan Novari Present
Antonio*
Mohammad Agus Present Anggoro Eko Cahyo* Present
Rofiudin*
Kamaruddin Amin* Not Present Firman Nugraha* Present
Meidy Ferdiansyah* Present Kemas Erwan Not Present
Husainy*
Muharto Hadi Present
Suprapto*
Arief Adhi Sanjaya* Not Present
Hasanuddin Present
Moh. Hidayat Present
Oni Sahroni Present
Abdul Ghofur Present
Jaih Mubarok Present
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Meeting Meeting Participants
Meeting
Participants – Board of Directors
No. Agenda Attendance Attendance
– Board of and Sharia
Date
Commissioners Supervisory Board
3. July 24, 2025 Kick-Off Meeting Felicitas Present Bob Tyasika Ananta Present
of KAP E & Y’s Tallulembang
Audit of BSI’s Muhadjir Effendi Present Ade Cahyo Nugroho Present
Financial Nizar Ahmad Present Anton Sukarna Present
Statements as of Saputra
June 30, 2025
Addin Jauharudin* Present Grandhis Helmi Present
Harumansyah
Mohammad Syafii Present Zaidan Novari Present
Antonio*
Mohammad Agus Present Anggoro Eko Cahyo* Present
Rofiudin
Kamaruddin Amin Present Firman Nugraha* Present
Meidy Ferdiansyah* Present Kemas Erwan Present
Husainy*
Muharto Hadi Present
Suprapto*
Arief Adhi Sanjaya* Present
Hasanuddin Present
Moh. Hidayat Present
Oni Sahroni Not Present
Abdul Ghofur Not Present
Jaih Mubarok Present
4. July 24, 2025 June 2025 BSI Felicitas Present Bob Tyasika Ananta Present
Performance Tallulembang
Evaluation
Muhadjir Effendi Present Ade Cahyo Nugroho Not Present
Nizar Ahmad Present Anton Sukarna Present
Saputra*
Addin Jauharudin* Present Grandhis Helmi Present
Harumansyah
Mohammad Syafii Present Zaidan Novari Present
Antonio*
Mohammad Agus Present Anggoro Eko Cahyo Present
Rofiudin*
Kamaruddin Amin* Present Firman Nugraha* Present
Meidy Ferdiansyah* Present Kemas Erwan Present
Husainy*
Muharto Hadi Present
Suprapto*
Arief Adhi Sanjaya* Present
Hasanuddin Present
Moh. Hidayat Present
Oni Sahroni Present
Abdul Ghofur Present
Jaih Mubarok Present
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Meeting Meeting Participants
Meeting
Participants – Board of Directors
No. Agenda Attendance Attendance
– Board of and Sharia
Date
Commissioners Supervisory Board
5 September 12, Closing Meeting Felicitas Present Bob Tyasika Ananta Present
2025 of KAP E&Y Tallulembang
Audit on BSI
Muhadjir Effendi Present Ade Cahyo Nugroho Not Present
Interim Financial
Statements as of Nizar Ahmad Present Anton Sukarna Present
30 June 2025 Saputra
Addin Jauharudin Present Grandhis Helmi Present
Harumansyah
Mohammad Syafii Present Zaidan Novari Not Present
Antonio*
Mohammad Agus Present Anggoro Eko Cahyo Present
Rofiudin
Kamaruddin Amin Present Firman Nugraha Present
Meidy Ferdiansyah* Present Kemas Erwan Present
Husainy
Muharto Hadi Present
Suprapto
Arief Adhi Sanjaya Present
Hasanuddin Present
Moh. Hidayat Present
Oni Sahroni Present
Abdul Ghofur Present
Jaih Mubarok Present
6 October 23, 1. September Felicitas Present Bob Tyasika Ananta Present
2025 2025 Tallulembang
Performance
Muhadjir Effendi Present Ade Cahyo Nugroho Present
2. Evaluation,
Approval of Nizar Ahmad Present Anton Sukarna Present
2026-2028 RBB Saputra
Proposal
3. Approval of Addin Jauharudin Present Grandhis Helmi Present
Corporate Harumansyah
Planning Mohammad Syafii Present Zaidan Novari Present
Antonio*
Mohammad Agus Present Anggoro Eko Cahyo Present
Rofiudin
Kamaruddin Amin Present Firman Nugraha Present
Meidy Ferdiansyah* Present Kemas Erwan Present
Husainy
Muharto Hadi Present
Suprapto
Arief Adhi Sanjaya Present
Hasanuddin Present
Moh. Hidayat Present
Oni Sahroni Present
Abdul Ghofur Present
Jaih Mubarok Present
*) The appointment shall take effect upon obtaining approval from the Financial Services Authority based on an assessment of competence and suitability
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BOARD OF COMMISSIONERS
(fit and proper test).
Frequency and Attendance of the Board of Commissioners’ Meetings
Board of Commissioners Meeting
Name Position Number and Percentage of Attendance
Number of Number of
Percentage
Meetings Attendance
President Commissioner
Muliaman D Hadad* concurrently Independent 4 4 100%
Commissioner
Deputy President
Adiwarman Karim* Commissioner concurrently 4 4 100%
Independent Commissioner
Komaruddin Hidayat* Independent Commissioner 4 4 100%
Muhammad Nasir* Independent Commissioner 4 4 100%
Suyanto* Commissioner 4 4 100%
Masduki Baidlowi* Commissioner 4 3 75%
Fauzi* Commissioner 4 4 100%
Nazaruddin* Commissioner 4 4 100%
Abu Rokhmad* Commissioner 4 3 75%
Felicitas Tallulembang Independent Commissioner 15 15 100%
Muhadjir Effendi** President Commissioner 11 10 91%
Nizar Ahmad Saputra** Independent Commissioner 11 11 100%
Addin Jauharudin** Independent Commissioner 11 11 100%
Mohammad Syafii Antonio** Independent Commissioner 11 9 82%
Mohammad Agus Rofiudin** Commissioner 11 11 100%
Kamaruddin Amin** Commissioner 11 9 82%
Meidy Ferdiansyah** Commissioner 11 10 91%
* Ended the term of office on May 16, 2025
** Commence the term of office on May 17, 2025
RECOMMENDATIONS AND IMPLEMENTATION OF THE BOARD
OF COMMISSIONERS’ DUTIES
In reference with the Company’s Articles of Association, the Board of Commissioners carries out oversight
of management policies and the overall conduct of the Company’s affairs by the Board of Directors,
encompassing both corporate governance and business operations. This role includes providing advice
to the Board of Directors, as well as monitoring the implementation of the Company’s long-term plan,
annual work plan, compliance with the Articles of Association and resolutions of the GMS, adherence to
prevailing laws and regulations, and alignment with the Company’s objectives and best interests.
In fulfilling its responsibilities, the Board of Commissioners emphasises the importance of sustaining
performance to support BSI’s long-term resilience and growth. As such, the Board of Commissioners
provides its views, guidance, and recommendations to Management in relation to BSI’s performance as
at 31 December 2025, as outlined below:
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Joint Meeting of the Board of Commissioners and
GMS
the Board of Directors
Number and Percentage of Attendance Number and Percentage of Attendance
Number of Number of Number of Number of
Percentage Percentage
Meetings Attendance Meetings Attendance
4 4 100% 1 1 100%
4 4 100% 1 1 100%
4 4 100% 1 1 100%
4 4 100% 1 1 100%
4 4 100% 1 1 100%
4 3 75% 1 1 100%
4 4 100% 1 1 100%
4 4 100% 1 1 100%
4 4 100% 1 1 100%
9 9 100% 2 2 100%
5 5 100% 1 1 100%
5 5 100% 1 1 100%
5 5 100% 1 1 100%
5 5 100% 1 1 100%
5 5 100% 1 1 100%
5 5 100% 1 1- 100%
6 5 83% 1 1 100%
No. Subject Board of Commissioners’ Directions/Advice/Recommendations
1. Performance The Board of Commissioners appreciates BSI’s performance which, during the 2025 period,
demonstrated financial performance that in general achieved the targets in accordance
with the established Bank Business Plan (RBB), including:
1. Total Assets grew to Rp456 trillion or increased by 11.64% compared to the previous year.
2. Return on Equity (RoE) of 16.85%.
3. Net profit of Rp7.57 trillion, increased by 8.02% compared to the previous year (achieving
100.96% of the target).
4. Financing amounted to Rp318.84 trillion, growing 14.49% year-on-year (achieving 102.73%
of the target).
5. Third Party Funds (DPK) of Rp380.5 trillion recorded growth of 16.20% year-on-year
(achieving 109.07% of the target).
6. Financing quality remained well maintained with the gross non-performing financing
(NPF) ratio at 1.81%.
7. The gold segment became one of the main growth drivers, increasing by 78.6% to Rp22.9
trillion.
8. The realization of several strategic initiatives, such as BSI becoming a Bullion Bank,
obtaining a principal license for a branch office in Saudi Arabia, the launch of BEWIZE as
a service for corporate (wholesale) customers, and others.
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No. Subject Board of Commissioners’ Directions/Advice/Recommendations
2. Third Party 1. The acquisition of Third Party Funds (DPK) in December 2025 amounted to Rp380.5
Funds trillion (achievement of 109.07%) or increased by Rp13 trillion month-to-month. The DPK
growth consisted of current accounts amounting to Rp3.0 trillion, savings amounting to
Rp9.8 trillion, and time deposits amounting to Rp239 billion. With this DPK growth, the
CASA percentage in December 2025 reached 61.62%, an increase from November 2025
at 60.33%, but still below the target of 62.20%. Therefore, going forward, more significant
efforts are required to increase CASA through increasing current account and savings
balances, implementing close-loop strategies, and optimizing BSI’s role as a transaction
bank, particularly for low cost of fund (CoF) DPK in the retail segment (micro, ISE, SME,
and RDG segments).
2. Savings growth month-to-month (November 2025 – December 2025) amounted to
Rp9.8 trillion, which is expected to continue and not decline in the first quarter of 2026,
considering that growth over 11 months (December 2024 – November 2025) reached
Rp12.3 trillion or an average monthly growth of Rp1.1 trillion. For information, based on
last year’s data, there was a decline in savings at the beginning of the year amounting
to Rp4.2 trillion from Rp140.5 trillion (December 2024) to Rp136.3 trillion (January 2025).
Therefore, this savings growth should be closely monitored, particularly in the first
quarter of 2026.
3. The growth of Hajj Savings in December 2025 (month-to-month) was negative Rp964
billion, caused by the settlement schedule of Hajj pilgrims departing in 2026, although
the number of NOA continued to increase. Therefore, BSI should continue to develop
appropriate programs to increase Hajj Savings balances and the number of NOA.
4. The growth of priority customer funds in December 2025 amounted to Rp1,551 billion
(month-to-month) and is expected to be sustainable. Going forward, this growth should
be maintained through optimization of both intensification and extensification programs
for priority customers, supported by competent human resources and strict monitoring.
3. Financing 1. The growth rate of BSI’s financing as of December 31, 2025 was 14.49%, which was above
the national credit growth of 7.74% YoY (November 2025, based on OJK data), and should
be maintained through sound financing and in accordance with the target market.
2. Wholesale segment financing as of December 2025 amounted to Rp90.80 trillion,
increasing month-to-month by Rp5.85 trillion and year-on-year by Rp13.58 trillion, and
achieved the target (110.66%) with a composition of 28.5% of total financing. Going
forward, the growth of the wholesale segment business can become BSI’s core business,
without neglecting the MSME segment, through the development of the wholesale
segment business, particularly those included in the Islamic Ecosystem (ISE), to obtain
broader derivative business (value chain) so that more wholesale segments can conduct
business in accordance with sharia principles while increasing BSI’s financing market
share in the national banking industry.
3. The performance of Micro financing, both Micro KUR and Non-KUR, only achieved 91.51%
and 86.17% of the target, respectively, due to improvements in business processes whose
implementation was carried out in mid-2025. With improved business processes, it is
expected that the growth of the Micro segment in the future will improve with better risk
management, thereby maintaining its quality.
4. BSI should utilize benevolent funds more optimally, namely by using the Bank’s
benevolent funds for the benefit of the community, for example by paying insurance
premiums for MSME customers, which can ease the burden on MSME customers,
particularly to reduce the risk of non-performing financing in the future.
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No. Subject Board of Commissioners’ Directions/Advice/Recommendations
4. Net Profit 1. BSI’s net profit as of December 2025 reached Rp7.56 trillion or increased by 8.02% YoY;
however, it experienced slower growth compared to the previous period. This was mainly
due to an increase in three major costs/expenses, namely profit-sharing expenses and
bonuses (CoF), which increased by 15.73% YoY, overhead costs (OHC), which increased by
16.36% YoY, and allowance for impairment losses (CKPN/CoC), which increased by 24.45%
YoY. The increase in CKPN was particularly due to the restructuring program resulting
from the Aceh and Sumatra disasters.
2. The excess realization of overhead costs in December 2025 compared to the budget
(Rp13,572 billion vs Rp12,810 billion) should receive attention and serve as an evaluation
point going forward, particularly during budget preparation and in controlling and
managing overhead costs in a more integrated and stricter manner to improve the Cost
Efficiency Ratio (CIR) and BOPO ratio.
3. To ensure that the productivity of employees within the network continues to increase,
the realization of Contribution Margin per branch, Contribution Margin per employee, or
other ratios indicating productivity should be monitored in a disciplined and continuous
manner and reported regularly in the Monthly Performance Report.
5. Others 1. Conduct an evaluation of all strategic work plans for 2025 that have not been realized as
well as those that are carried over (multiyears) to ensure that the strategic work plans for
2026 that have been planned can be executed in accordance with the established plan
and timeline targets.
2. With regard to the gold business, the Bank should remain vigilant and prepare
appropriate strategies to anticipate fluctuations in gold prices that are highly likely to
occur in 2026 and beyond.
3. Although the Macroprudential Inclusive Financing Ratio (RPIM) as of December 2025
was 33.86%, which remains above the regulatory requirement of 30%, this achievement
was below the RBB target of 35.24% and declined compared to December 2024 (35.23%)
and November 2025 (33.91%). The decline in RPIM was also in line with the decrease
in the MSME financing ratio, which as of December 31, 2025 reached 16.52%, declining
from 18.86% in December 2024. Therefore, going forward, efforts should be made to
ensure that RPIM achieves the established target so that the Bank can contribute more
significantly to inclusive financing (particularly for MSMEs) while maintaining better risk
management.
Throughout 2025, the Board of Commissioners b. Oversaw the achievement of the RBB,
carried out its oversight function over the Bank’s particularly key business plan objectives
policies and management by the Board of such as credit distribution, asset quality
Directors in accordance with prevailing laws and improvement, third-party fund collection,
regulations, the Company’s Articles of Association, productivity, and efficiency.
and the Work Plan approved at the beginning c. Reviewed the Revised RBB for 2024-2026.
of the year. To ensure alignment with the Bank’s d. Evaluated the realization of the RBB as
strategic direction and GCG principles, the Board reported to the Financial Services Authority
of Commissioners undertook the following (OJK) on a semi-annual basis and submitting
supervisory activities: the RBB supervision report to OJK.
e. Reviewing and approving the Bank Business
1. Supervised the Implementation of the Bank Plan (RBB) for 2025-2027.
Business Plan (RBB): 2. Reviewed Financial Information: Analyzing
a. Directed, monitored, and evaluated financial reports to be issued by the Company,
the implementation of the Bank’s as prepared by Public Accounting Firms (KAP)
strategic policies for 2024-2026, including or other external parties.
assessments of the Corporate Plan, RBB,
and financial performance on a monthly
basis.
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BOARD OF COMMISSIONERS
3. Supervised Internal Control at BSI: 9. Approved Matters Requiring Board of
a. Ensured that BSI’s internal control system is Commissioners’ Approval: Granting approval for
operating effectively. matters that require Board of Commissioners’
b. Ensured that the Board of Directors consent, as stipulated by applicable regulations
monitors the effectiveness of the Internal and the Company’s Articles of Association.
Audit Business Unit (SKAI). 10. 10. Conducted Supervisory Visits. In 2025,
c. Overseeing the implementation of the the Board of Commissioners conducted
Internal Audit Business Unit’s (SKAI) duties. supervisory visits to 1 (one) Regional Offices,
4. Supervised the Bank’s Soundness Level: including Regional and/or Branch Offices
Conducting supervision, monitoring, and located in Region III (Palembang) to ensure
evaluation of the Bank’s financial soundness on effective implementation of policies, regulatory
a semi-annual basis and supporting the Board compliance, and operational efficiency across
of Directors in taking necessary actions to the Bank’s branches.
maintain and/or improve the Bank’s soundness 11. Supervised implementation of Policy and
level. Internal Control Procedures of the Bank
5. Supervised the Risk Management Unit: Financial Reporting.
Monitoring risk management strategies to
ensure the Bank operates within acceptable
risk tolerance levels ORIENTATION PROGRAM FOR NEW
6. Supervised Compliance Implementation at COMMISSIONERS
BSI:
a. Evaluated BSI’s compliance function, In view of the diverse professional backgrounds
ensuring it is effectively implemented, and of the members of the Board of Commissioners,
providing recommendations to the Board BSI conducts an orientation program for
of Directors to enhance compliance quality. newly appointed Commissioners. The program
b. Reviewed compliance function reports and is designed to provide a comprehensive
updates on the duties of the Compliance understanding of BSI’s overall condition, strategy,
Director, as periodically submitted by the and governance framework, while fostering
Board of Directors. effective collaboration and cohesion among
c. Monitored the implementation of the Anti- members of the Board of Commissioners as a
Fraud Strategy, Anti-Money Laundering unified supervisory body.
and Counter-Terrorism Financing (AML-
CFT) Program, and Customer Due Diligence In line with the BOC Charter, the orientation
Principles. program for the Board of Commissioners includes:
d. Ensured the adoption of Good Corporate 1. Corporate introduction covering Corporate
Governance (GCG) principles and practices Strategy, Vision, and Mission
at all levels, including overseeing GCG 2. Sharia Banking Training
implementation, reviewing GCG reports 3. Risk Management Training
submitted by the Board of Directors, and 4. Training on GCG for Public Companies
monitoring the results of the GCG self-
assessment. In 2025, BSI appointed 3 (three) new members of
7. Evaluation and Supervision of Information the Board of Commissioners, namely Nizar Ahmad
Technology: Evaluating, directing, and Saputra, Muhammad Syafii Antonio, and Addin
monitoring the Bank’s IT strategic plans and IT- Jauharudin. All newly appointed Commissioners
related policies at BSI. have completed the orientation program in
8. Monitored Human Resource (HR) Development: accordance with applicable provisions, with details
Overseeing and evaluating the management of the program schedule and materials presented
and development of human resources in the table below.
(HR), particularly in relation to strategic HR
functions that support the Bank’s performance
objectives.
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No. Training Date/Time Group Trainer Venue
Mr. Aji Wibowo — The Tower Lt. 5, Board
Monday, June 2, 2025
1. Corporate Plan CTO Head of Corporate of Commissioners
(09.00–10.30 WIB)
Transformation Office Meeting Room
Mr. Agus Setiyo Budi The Tower Lt. 5, Board
Tuesday, June 3, 2025
2. Risk Profile BSI ERM — Head of Enterprise of Commissioners
(09.00–10.30 WIB)
Risk Management Meeting Room
Mr. Diaz Hartadi —
Wednesday, June The Tower Lt. 5, Board
Bank Business Plan Head of Strategic
3. 4, 2025 (09.00–10.30 SPM of Commissioners
(RBB) Planning & Perfor-
WIB) Meeting Room
mance Management
4. Mr. Peby Elan Suryad- The Tower Lt. 5, Board
Thursday, June 5, 2025
Corporate Culture BSU inigrat — Head of BSI of Commissioners
(09.00–10.30 WIB)
Corporate University Meeting Room
5. Mr. Peby Elan Suryad- The Tower Lt. 5, Board
Introduction to Thursday, June 5, 2025
BSU inigrat — Head of BSI of Commissioners
Sharia & Contract (11.30–12.00 WIB)
Corporate University Meeting Room
6. Good Corporate Mrs. Rosalina Dewi — The Tower Lt. 5, Board
Tuesday, June 10, 2025
Governance and Fit CPG Head of Compliance of Commissioners
(09.00–10.30 WIB)
& Proper Test Group Meeting Room
TRAINING AND/OR COMPETENCY DEVELOPMENT FOR MEMBERS OF THE BOARD
OF COMMISSIONERS
Policies on enhancing the competence of the Board of Commissioners are governed by the Human Capital
Standard Operating Procedures, aimed at ensuring that each member possesses adequate knowledge
and skills to perform their duties and responsibilities. Competency development programs include
training, workshops, and other activities designed to strengthen capabilities in line with developments
in the Bank’s industry and business. Members of the Board of Commissioners are required to participate
in competency development programs on a regular basis to maintain relevant understanding and sound
decision-making.
The participation of the Board of Commissioners in competency development activities during 2025 is
as follows.
Name Position Training Data/Place Organizer
Muhadjir President June 16-17, 2025/The Karim Consulting
Basic Training in Islamic Banking (PDPS)
Effendy Commisioner Tower Indonesia
June 23-24, 2025/
Risk Management Training JMS Education
The Tower
Training on Strengthening the Strategic Role of the June 30, 2025/The
Board of Commissioners Tower
•• Banking Ethics in Public Companies
IBI
•• Banking Digitalization
•• G\]overnance & GCG
•• ESG & Climate Risk Management
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Name Position Training Data/Place Organizer
November 3, 2025/
Indonesia International Islamic Finance Conference Finansial Services
Westin Hotel
2025 Authority
Surabaya
Top Executive Learning Program “The Role of Leaders November 14, 2025/
in Digital Banking Business Transformation” in 2025. Ballroom Lt. 9 BSI BSI Corporate
Speaker: Mr. Jahja Setiatmadja (President Tower University
Commissioner of BCA)
Felicitas Independent Board Forum Q4, 2024 February 7, 2025/
Tallulembang Commissioner Sharing Session: Innovation and Collaboration to Rancamaya Hotel
Strengthen Business Resilience
Speakers:
•• Maruarar Sirait
Mandiri Group
Minister of Housing and Settlement Areas,
Republic of Indonesia
•• Ignesjz Kemalawarta
Office of the President – PT Sinar Mas Land
(Property)
Board Forum Q1, 2025 May 9, 2025/Plaza
Sharing Session: From Barriers To Breakthroughs Mandiri
“Navigating Business Growth Amidts Economic
Dynamics”
Speakers: Mandiri Group
•• M. Chatib Basri, Members of the National
Economic Council
•• Solihin Jusuf Kalla, Chief Executive Ifficer, Kalla
Group
Training on Strengthening the Strategic Role of the June 30, 2025/The
Board of Commissioners Tower
•• Banking Ethics in Public Companies
IBI
•• Banking Digitalization
•• Governance & GCG
•• ESG & Climate Risk Management
Top Executive Learning Program “The Role of Leaders November 14, 2025/
in Digital Banking Business Transformation” in 2025. Ballroom Lt. 9 BSI BSI Corporate
Speaker: Mr. Jahja Setiatmadja (President Tower University
Commissioner of BCA)
November 18, 2025/ BSI Corporate
Level 6 Risk management Refreshment
Virtual University
Desember 4, 2025/
Year-End Dialogue of the OJK Board of
Ballroom Hotel The OJK
Commissioners and the Financial Services Industry
Ritz Carlton Jakarta
Kamaruddin Commissioner June 16-17, 2025/The Karim Consulting
Basic Training in Islamic Banking (PDPS)
Amin Tower Indonesia
June 23-24, 2025/
Risk Management Training JMS Education
The Tower
Training on Strengthening the Strategic Role of the June 3, 2025/The
Board of Commissioners Tower
•• Banking Ethics in Public Companies
IBI
•• Banking Digitalization
•• Governance & GCG
•• ESG & Climate Risk Management
Top Executive Learning Program “The Role of Leaders November 14, 2025/
in Digital Banking Business Transformation” in 2025. Ballroom Lt. 9 BSI BSI Corporate
Speaker: Mr. Jahja Setiatmadja (President Tower University
Commissioner of BCA)
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Name Position Training Data/Place Organizer
Mochamad Commissioner June 16-17, 2025/The Karim Consulting
Basic Training in Islamic Banking (PDPS)
Agus Tower Indonesia
Rofiudin
June 23-24, 2025/
Risk Management Training JMS Education
The Tower
Training on Strengthening the Strategic Role of the June 30, 2025/The
Board of Commissioners Tower
•• Banking Ethics in Public Companies
IBI
•• Banking Digitalization
•• Governance & GCG
•• ESG & Climate Risk Management
Top Executive Learning Program “The Role of Leaders November 14, 2025/ BSI Corporate
in Digital Banking Business Transformation” in 2025. Ballroom Lt. 9 BSI University
Speaker: Mr. Jahja Setiatmadja (President Tower
Commissioner of BCA)
Nizar Ahmad Independent June 16-17, 2025/The Karim Consulting
Basic Training in Islamic Banking (PDPS)
Saputra Commissioner Tower Indonesia
June 23-24, 2025/
Risk Management Training JMS Education
The Tower
Training on Strengthening the Strategic Role of the June 30, 2025/The
Board of Commissioners Tower
•• Banking Ethics in Public Companies
IBI
•• Banking Digitalization
•• Governance & GCG
•• ESG & Climate Risk Management
Top Executive Learning Program “The Role of Leaders November 14, 2025/
in Digital Banking Business Transformation” in 2025. Ballroom Lt. 9 BSI BSI Corporate
Speaker: Mr. Jahja Setiatmadja (President Tower University
Commissioner of BCA)
Addin Independent June 16-17, 2025/The Karim Consulting
Basic Training in Islamic Banking (PDPS)
Jauharuddin* Commissioner Tower Indonesia
June 23-24, 2025/
Risk Management Training JMS Education
The Tower
Training on Strengthening the Strategic Role of the June 30, 2025/The
Board of Commissioners Tower
•• Banking Ethics in Public Companies
IBI
•• Banking Digitalization
•• Governance & GCG
•• ESG & Climate Risk Management
Top Executive Learning Program “The Role of Leaders November 14, 2025/
in Digital Banking Business Transformation” in 2025. Ballroom Lt. 9 BSI BSI Corporate
Speaker: Mr. Jahja Setiatmadja (President Tower University
Commissioner of BCA)
Muhammad Independent June 23-24, 2025/
Syafii Commissioner Risk Management Training The Tower, 5th fl. JMS Education
Antonio*
June 16-17, 2025/The Karim Consulting
Basic Training in Islamic Banking (PDPS)
Tower, 5th fl. Indonesia
Top Executive Learning Program “The Role of Leaders November 14, 2025/
in Digital Banking Business Transformation” in 2025. Ballroom Lt. 9 BSI BSI Corporate
Speaker: Mr. Jahja Setiatmadja (President Tower University
Commissioner of BCA)
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BOARD OF COMMISSIONERS
Name Position Training Data/Place Organizer
Meidy Commissioner June 16-17, 2025/The Karim Consulting
Basic Training in Islamic Banking (PDPS)
Ferdiansyah* Tower Indonesia
June 23-24, 2025/
Risk Management Training JMS Education
The Tower
Training on Strengthening the Strategic Role of the June 30, 2025/The
Board of Commissioners Tower
•• Banking Ethics in Public Companies
IBI
•• Banking Digitalization
•• Governance & GCG
•• ESG & Climate Risk Management
Top Executive Learning Program “The Role of Leaders November 14, 2025/
in Digital Banking Business Transformation” in 2025. Ballroom Lt. 9 BSI BSI Corporate
Speaker: Mr. Jahja Setiatmadja (President Tower University
Commissioner of BCA)
[*) effective upon obtaining approval from OJK on fit and proper test
BOARD OF COMMISSIONERS PERFORMANCE ASSESSMENT
The Board of Commissioners periodically conducts a self-assessment of the performance of its supervisory
function, including that of the committees under the Board of Commissioners. As part of this process,
the Board of Commissioners may seek input from the Board of Directors to assess the effectiveness of
the oversight carried out. The performance of this supervisory function and its assessment represent
the Board of Commissioners’ accountability in accordance with Law No. 40 of 2007 on Limited Liability
Companies.
Performance Assessment Procedure of the Board of Commissioners
The performance assessment of the Board of Commissioners conducted through the GMS is carried out
as follows:
1. The Board of Commissioners submits its performance report to be evaluated by the Shareholders at
the GMS.
2. The performance of the Board of Commissioners is assessed based on predetermined indicators that
are aligned with its duties and responsibilities.
3. The results of the self-assessment of each member of the Board of Commissioners serve as one of the
considerations for Shareholders in deciding on the dismissal and/or reappointment of the relevant
member, and are also used as a means to evaluate and enhance the effectiveness of the Board of
Commissioners.
Kriteria Penilaian Kinerja Dewan Komisaris
Assessment
No. Indicator
Weight
1. The Board of Commissioners holds at least four (4) Board meetings annually 10%
2. The Board of Commissioners holds at least four (4) joint meetings with the Board of Directors
10%
annually.
3. The Board of Commissioners holds at least one (1) joint meeting with the Sharia Supervisory
10%
Board (DPS) annually.
4. The Board of Commissioners participates in at least one (1) seminar or training per year to
10%
enhance knowledge, expertise, and skills in their respective fields.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BOARD OF COMMISSIONERS
5. The Board of Commissioners conducts at least two (2) branch or regional office visits
10%
annually as part of its supervisory function.
6. The Board of Commissioners evaluates the performance of Bank Syariah Indonesia at least
10%
four (4) times per year.
7. The Board of Commissioners prepares and submits the Bank Business Plan Supervision
10%
Report to regulators at least twice (2) per year.
8. The Board of Commissioners reviews, evaluates, and approves matters that require Board
10%
approval as stipulated by applicable regulations and the Company’s Articles of Association
9. The Board of Commissioners ensures the implementation of Good Corporate Governance
10%
(GCG) principles and practices at all organizational levels.
10. The Board of Commissioners ensures that the committees under its supervision, including
the Audit Committee, Risk Monitoring Committee, and and Remuneration & Nomination
Committee, effectively carry out their duties in accordance with applicable regulations.
The following indicators are used to assess the implementation of the duties and functions
10%
of the committees under the Board of Commissioners:
•• Implementation of Committee Meetings and Work Plans
•• Attendance and participation in Committee Meetings
•• Submission of review results to the Board of Commissioners
•• Timely preparation and submission of Committee Reports
Assessors
The performance assessment of the Board of Commissioners was carried out through self-assessment.
Results of the Board of Commissioners Performance Assessment
Assessment
No. Indicator Achievement
Weight
1. The Board of Commissioners holds at least four (4) Board meetings
10% 100%
annually
2. The Board of Commissioners holds at least four (4) joint meetings with the
10% 100%
Board of Directors annually.
3. The Board of Commissioners holds at least one (1) joint meeting with the
10% 100%
Sharia Supervisory Board (DPS) annually.
4. The Board of Commissioners participates in at least one (1) seminar or
training per year to enhance knowledge, expertise, and skills in their 10% 100%
respective fields.
5. The Board of Commissioners conducts at least two (2) branch or regional
10% 100%
office visits annually as part of its supervisory function.
6. The Board of Commissioners evaluates the performance of Bank Syariah
10% 100%
Indonesia at least four (4) times per year.
7. The Board of Commissioners prepares and submits the Bank Business
10% 100%
Plan Supervision Report to regulators at least twice (2) per year.
8. The Board of Commissioners reviews, evaluates, and approves matters
that require Board approval as stipulated by applicable regulations and 10% 100%
the Company’s Articles of Association
9. The Board of Commissioners ensures the implementation of Good
Corporate Governance (GCG) principles and practices at all organizational 10% 100%
levels.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF COMMISSIONERS
Assessment
No. Indicator Achievement
Weight
10. The Board of Commissioners ensures that the committees under its
supervision, including the Audit Committee, Risk Monitoring Committee,
and Remuneration & Nomination Committee, effectively carry out their
duties in accordance with applicable regulations.
The following indicators are used to assess the implementation of the
10% 100%
duties and functions of the
committees under the Board of Commissioners:
•• Implementation of Committee Meetings and Work Plans
•• Attendance and participation in Committee Meetings
•• Submission of review results to the Board of Commissioners
•• Timely preparation and submission of Committee Reports
PERFORMANCE ASSESSMENT OF COMMITTEES UNDER THE BOARD OF
COMMISSIONERS AND ITS BASIS
The Board of Commissioners ensures that all committees under its oversight, namely the Audit Committee,
the Risk Monitoring Committee, and the Remuneration and Nomination Committee, have performed
their duties and functions effectively and in compliance with applicable regulations. The performance
of these committees is assessed annually by the Board of Commissioners as part of its commitment to
maintaining effective oversight and strengthening GCG practices.
The performance assessment criteria for the committees include, among others:
1. Conduct of committee meetings and the implementation of committee work plans.
2. Attendance levels and active participation of members in committee meetings.
3. Submission of review results and recommendations to the Board of Commissioners.
4. Timely preparation and submission of Audit of the Annual Financial Report of PT Bank
committee reports. Syariah Indonesia Tbk in 2025;
3. Provided the recommendation to the Board of
Throughout 2025, the Board of Commissioners Commissioners regarding the approval of the
assessed that all committees demonstrated good Audit Service Honorarium for BSI’s Financial
overall performance. This assessment was based Statements for the 2025 Fiscal Year;
on an evaluation of the execution of their duties, 4. Provided the recommendation to the Board
the effectiveness of their roles in supporting the of Commissioners regarding the approval of
Board of Commissioners’ supervisory function, Published Financial Statements throughout
and their contributions to enhancing governance, 2025.
risk management, and regulatory compliance. 5. Monitored and evaluated the implementation
of the Anti-Fraud Strategy throughout 2025.
Audit Committee 6. Evaluated the realization of the implementation
Throughout 2025, the Audit Committee has carried of Internal Control Over Financial Reporting
out its duties and responsibilities well. The Audit (ICOFR) throughout 2025.
Committee has held 22 (twenty-two) meetings 7. Conducted specific monitoring and evaluation
and carried out its duties, including: of strategic issues throughout 2025, such as:
1. Reviewed the implementation of audits by a. Evaluation of the development of the
internal and external auditors, and supervising Islamic Ecosystem (ISE) program
the implementation of follow-up actions by the b. Evaluation of the progress of Information
Board of Directors on the auditor’s findings; Technology development
2. Provided Recommendations for the Proposal
for the Appointment of a Public Accounting
Firm (KAP) and Public Accountant (AP) for the
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BOARD OF COMMISSIONERS
c. Evaluation of readiness for Eid al-Fitr a. Report on the Duties & Responsibilities
(operations and IT) of the Director overseeing Compliance /
d. Evaluation of the implementation of sharia Compliance Report,
combined assurance in 2025 b. Integrated Compliance Report & Integrated
e. Evaluation of the development of the Governance Report,
Operational Excellence program c. Anti-Money Laundering and Counter-
f. Evaluation of the development of data Terrorism Financing (AML-CFT) Report;
analytics initiatives 5. Monitoring the Recovery & Resolution Plan
g. Evaluation of the implementation of reporting.
customer care 6. Overseeing risk management related to
h. Evaluation of readiness for the 2025 year- corporate actions or other initiatives, such
end holiday and the beginning of 2026 as proposals for Threshold Limits (Board
8. Jointly with the Risk Monitoring Committee, of Directors’ authority requiring Board of
discussed and evaluated: Commissioners’ approval).
a. Monthly Performance Evaluation at the 7. Overseeing the implementation of the 2026
Board of Commissioners and Board of Sustainable Finance Action Plan.
Directors Meeting. 8. Supervising and evaluating:
b. Approval of the Bank Business Plan (RBB) a. The Bank’s Human Resource Development
and revisions to the RBB at the Joint Strategy.
Meeting of the Board of Commissioners, b. The Retail Banking Strategy incl. Bullion
Board of Directors, and Sharia Supervisory Bank.
Board. c. The Consumer Banking Strategy.
d. The Treasury & International Banking
Remuneration and Nomination Committee Strategy.
Throughout 2025, the Remuneration and e. The Wholesale Banking Strategy incl.
Nomination Committee has carried out its duties Handling High Risk Account Customer.
and responsibilities well. The Remuneration and f. The Product Development and Marketing
Nomination Committee has held 4 (four) meetings Communication.
and carried out its duties, including: g. The Network Development Strategy.
1. Proposal for the 2025 Management 9. Discuss with Chief Economist and evaluation
Remuneration and 2024 Performance Bonus
(Tantiem).
2. Recommendation for Candidates for the
Company’s Management.
3. Reviewed the Bank’s Human Resources Policy.
Risk Monitoring Committee
Throughout 2025, the Risk Monitoring Committee
has carried out its duties and responsibilities
well. The Risk Monitoring Committee has held 25
(twenty five) meetings and carried out its duties,
including:
1. Conducted an evaluation of the suitability
between risk management policies and the
implementation of Bank policies;
2. Conducted monitoring and evaluation of
the implementation of the duties of the
Risk Management Committee and risk
management work units;
3. Oversaw and evaluated the Bank’s Financial
Soundness Report on a semi-annual basis.;
4. Supervised and evaluated Compliance Reports,
including:
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REMUNERATION AND NOMINATION OF
THE BOARD OF DIRECTORS, BOARD
OF COMMISSIONERS, AND SHARIA
SUPERVISORY BOARD
GUIDELINES FOR THE NOMINATION OF b. Nomination and Submission of Candidates
THE BOARD OF DIRECTORS, BOARD Candidates for the Board of Directors, the
OF COMMISSIONERS, AND SHARIA Board of Commissioners, and the Sharia
SUPERVISORY BOARD Supervisory Board are proposed through
a selection process that takes into account
One of the duties of the Remuneration and the eligibility requirements referred to
Nomination Committee is to establish a above.
nomination system for members of the Board
of Commissioners, the Board of Directors, and 2. Selection Procedures
the Sharia Supervisory Board of the Company. a. a. The Remuneration and Nomination
This system forms part of the Company’s GCG Committee identifies candidates who meet
policy and serves as a guideline for the Board the established criteria.
of Commissioners and the GMS in determining b. Based on the recommendations of the
the nomination of members of the Board of Remuneration and Nomination Committee,
Commissioners, the Board of Directors, and the the Board of Commissioners submits the
Sharia Supervisory Board. proposed candidates for the Board of
Directors, the Board of Commissioners, and
1. Basic Principles the Sharia Supervisory Board to the General
a. Eligibility Requirements Meeting of Shareholders..
Candidates for the Board of Directors, c. The selection process is conducted prior
the Board of Commissioners, and the to the end of the term of office, upon the
Sharia Supervisory Board must meet the request of the Board of Commissioners, or
requirements stipulated in the Company’s in the event of a vacancy.
Articles of Association and prevailing laws
and regulations, including the Limited
Liability Companies Law, the Sharia Banking
Law, the Capital Market Law, and other
applicable provisions.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
IMPLEMENTATION OF GOVERNANCE
IN PROVIDING REMUNERATION FOR
SHARIA COMMERCIAL BANKS
BSI REMUNERATION POLICY The remuneration policy includes:
1. A remuneration structure covering
BSI’s remuneration policy is implemented in remuneration scales based on levels and
accordance with the prevailing regulations, positions, as well as remuneration components
namely: in the form of:
a. OJK Regulation No. 59/POJK.03/2017 on a. Salary;
Governance in the Provision of Remuneration b. Honorarium;
for Sharia Commercial Banks and Sharia c. Incentives; and/or
Business Units and its appendices; d. Fixed and/or variable allowances.
b. Regulation of the Minister of State-Owned 2. Methods and mechanisms for determining
Enterprises of the Republic of Indonesia No. remuneration. In accordance with the Bank’s
PER-04/MBU/06/2020 on the Amendment Articles of Association, the determination of
to the Regulation of the Minister of State- remuneration for the Board of Commissioners,
Owned Enterprises No. PER-03/MBU/2012 on Board of Directors, and Sharia Supervisory
Guidelines for the Appointment of Members Board is decided by the General Meeting
of the Board of Directors and Members of of Shareholders, taking into account the
the Board of Commissioners of State-Owned recommendation of the Bank’s Remuneration
Enterprise Subsidiaries; and Nomination Committee.
c. Regulation of the Minister of State-Owned
Enterprises of the Republic of Indonesia No. Monitoring of Remuneration Policy
PER-3/MBU/03/2023 on the Organs and Human Implementation
Resources of State-Owned Enterprises; In monitoring the implementation of the
d. Mandiri Subsidiaries Management Principles remuneration policy, the Bank periodically carries
Guideline (MSMPG) 2024; and out the following activities:
e. The Bank’s Articles of Association. a. Evaluating salary scales and bonuses on
a periodic basis to ensure that the Bank’s
BSI’s remuneration policy consistently applies remuneration system remains competitive
the principles of good corporate governance with the market.
applicable to the Bank as a sharia bank and b. Reviewing employee benefit facilities based
a publicly listed company, prioritising the on implementation data obtained from
implementation of the prudential principle and relevant work units and market data derived
compliance with sharia principles, while taking into from surveys conducted by competent and
account fairness within the industry in providing independent institutions appointed by the
balanced and measurable compensation in line Bank, using benchmarks directly against peer
with the performance of each Bank employee. institutions.
This is intended to encourage prudent risk-taking c. Holding coordination forums with relevant
and employee productivity, thereby supporting work units to ensure these units have a proper
the achievement of the Bank’s business targets in understanding of employee benefit facilities,
an optimal, sustainable, and long-term manner in so that the implementation of such benefits
line with the Bank’s vision and mission. is carried out in accordance with applicable
provisions.
The formulation of the remuneration policy takes d. Monitoring organisational adjustments and
into account: position grading, employee development
a. The creation of effective risk management; programs, and workforce planning, and
b. The Bank’s financial stability; ensuring their implementation complies with
c. The adequacy and strengthening of the Bank’s Human Capital provisions.
capital;
d. Short-term and long-term liquidity needs;
e. The Bank’s potential future income; and
f. Compliance with sharia principles.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
IMPLEMENTATION OF GOVERNANCE IN PROVIDING
REMUNERATION FOR SHARIA COMMERCIAL BANKS
e. Monitoring the entire employee fulfilment 4) Transportation Allowance
process, starting from candidate sourcing, A lump-sum allowance granted to Area
selection, and confirmation through to Segment and Business Manager positions to
placement, and ensuring compliance with support mobility in carrying out their duties.
Human Capital provisions. This allowance ceases if the employee no
f. Monitoring employee training and longer holds the relevant position.
development. b. Bonus
g. Monitoring the implementation of industrial A bonus represents the Bank’s appreciation
relations within the Bank. for performance achievements or specific
h. Monitoring the reward system. conditions. Performance bonuses are awarded
i. Monitoring talent management and succession in recognition of employee performance
planning. achievements over a certain period. Bonuses
are determined based on individual employee
Scope of the Remuneration Policy Based on performance, work unit performance, and
Specific Criteria the Bank’s overall performance, taking into
To create alignment and encourage improved account the Bank’s business strategy and
employee motivation in light of differences in work financial capacity.
locations, risk levels, and job capacities, the Bank c. Incentives
measures and determines its remuneration policy Incentives represent the Bank’s appreciation
by prioritising the prudential principle through for achieving sales and/or operational income
benchmarking against peers. targets within certain limits and/or criteria.
Incentives consist of:
Variable income is a component of employee 1) Regular Incentives
remuneration received in varying amounts based Incentives granted on a regular basis in
on specific criteria. cash form based on the achievement of
sales per unit/product or collection results
Variable income consists of the following: in accordance with the applicable incentive
a. Non-Fixed Allowances schemes.
Non-fixed allowances are cash allowances 2) Long-Term Incentives
granted to certain employees, calculated Incentives granted over a certain period
based on position, nature of work, and/or (more than one year) to employees who are
work location. These allowances may change able to increase the Company’s value over
(increase or decrease) or cease to be provided a defined period, such as share ownership
if the employee no longer holds the relevant options or other long-term incentive
position or is no longer assigned to the schemes.
respective work location. These allowances
consist of: Risk-Linked Remuneration
1) Position Allowance By prioritising the prudential principle, the Bank
A position allowance is granted to positions determines performance measurement methods
with specific characteristics due to particular and risk types in setting variable remuneration,
expertise, responsibilities, or business taking into account the scale and complexity of
risks undertaken, which are not taken into the Bank’s business.
account in job grading considerations or
in the annual guaranteed cash positioning The granting of variable remuneration to the Board
against the market. of Directors and the Board of Commissioners
2) Communication Allowance takes into consideration performance, namely
A communication allowance is provided as management performance, employee
a subsidy where the job requires intensive performance, business unit performance, and the
communication with external parties using Bank’s overall performance, as well as the risks
personal communication devices. faced by the Bank.
3) Location Allowance
A location allowance is granted based on
geographical considerations reflecting
differences in living costs.
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IMPLEMENTATION OF GOVERNANCE IN PROVIDING
REMUNERATION FOR SHARIA COMMERCIAL BANKS
In determining risks linked to variable POLICIES AND PROCEDURES OF
remuneration, the Bank considers the most REMUNERATION FOR THE BOARD
influential risks in its business activities as OF COMMISSIONERS, BOARD
principal risks, in reference to the regulations of
OF DIRECTORS, AND SHARIA
the Financial Services Authority governing the
assessment of the soundness level of Islamic
SUPERVISORY BOARD
commercial banks and sharia business units.
One of the duties of the Remuneration and
The Bank provides variable remuneration in the Nomination Committee is to establish a
form of shares or share-based instruments issued remuneration system for members of the Board
by the Bank, representing a certain percentage of Commissioners, the Board of Directors, and
of variable remuneration. The percentage of the Sharia Supervisory Board. This system forms
remuneration granted in the form of shares part of the Company’s GCG policy and serves as a
or share-based instruments may differ across guideline for the Board of Commissioners and the
position levels, taking into account, among GMS in determining remuneration.
other factors, the roles and responsibilities of the
respective parties in managing the Bank. 1. Basic Principles
a. The remuneration policy is a key factor in
The risk-linked remuneration policy is intended to: attracting and retaining competent and
1. Prevent the emergence of moral hazard qualified employees, Executive Officers,
and prioritize prudential principles in bank members of the Board of Directors, the
management. Board of Commissioners, and the Sharia
2. Maintain the soundness of the Bank on an
Supervisory Board.
individual basis.
b. In determining remuneration for employees,
3. Mitigate excessive risk-taking by decision-
Executive Officers, the Board of Directors,
makers.
the Board of Commissioners, and the
Furthermore, there is an implementation of Sharia Supervisory Board, the Committee
deferred variable remuneration (Malus) or the considers, among others:
recovery of variable remuneration that has 1) Benchmarking of remuneration against
already been paid (Clawback) to managerial comparable industry peers.
personnel classified as Material Risk Takers (MRT), 2) The size and complexity of the Company’s
in accordance with the provisions of Article 26 operations.
of POJK No. 45/POJK.03/2015 concerning the 3) Remuneration components consisting
Implementation of Governance in the Provision of of salary/honorarium and standardized
Remuneration for Commercial Banks. benefits, including religious holiday
allowance (THR), annual leave, official
Positions and Number of Material Risk Takers (MRT) residence, official vehicle, health facilities,
All members of the Board of Commissioners and utilities, and other benefits. Performance-
the Board of Directors of BSI are Material Risk based remuneration includes bonuses/
Takers. The number of members of the Board of incentives for employees and the Sharia
Directors and the Board of Commissioners serving Supervisory Board, and tantiem for the
during the 2025 financial year was 18 individuals. Board of Directors and the Board of
Commissioners.
Name of External Consultant and Consultant 4) Remuneration policies must at least take
Engagement Related to the Remuneration
into account:
Policy
a) Financial performance and
In 2025, the Bank did not engage external
compliance with the establishment
consultants in the formulation of its remuneration
of provisions as required under
policy. The Bank’s remuneration policy was
developed in reference to prevailing regulations prevailing regulations.
in the banking and capital market sectors, as well b) Individual performance to ensure
as the Bank’s internal provisions as a subsidiary fairness between performance
of Bank Mandiri, while also taking into account outcomes and rewards.
internal market analysis conducted by the Bank. a) Reasonableness compared to
peer groups.
b) The Bank’s long-term targets and
strategic objectives.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
IMPLEMENTATION OF GOVERNANCE IN PROVIDING
REMUNERATION FOR SHARIA COMMERCIAL BANKS
2. Remuneration Components 3. Remuneration Determination Procedures
Remuneration components consist of: a. The Committee submits proposals
a. Short-Term Remuneration, comprising: or recommendations on appropriate
1) Salary and honorarium (Board of remuneration policies to the Board of
Commissioners and Sharia Supervisory Commissioners.
Board). b. Proposals or recommendations on
2) Benefits. remuneration for the Board of Directors,
3) Bonuses/incentives (employees and the Sharia Supervisory Board, and the
Sharia Supervisory Board) and tantiem Board of Commissioners, after review by
(Board of Directors and Board of the Board of Commissioners, are submitted
Commissioners). to the GMS.
b. Long-Term Remuneration c. Proposals or recommendations on
Remuneration components designed to remuneration for employees and Executive
support the Company’s going concern, Officers are submitted by the Committee
comprising: to the Board of Commissioners and
1) Stock Option Plans. subsequently conveyed to the Board of
2) Post-employment benefits. Directors.
d. The Committee conducts a review of the
remuneration policy at least once a year,
whether requested or not by the Board of
Commissioners.
Remuneration and
General Meeting of
Nomination Committee Board of Commissioners
Shareholders
Making a Remuneration Remuneration Discussion
Setting Remuneration
Preparation Study
Remuneration Determination Indicators
In determining the structure and level of remuneration for the Board of Directors, the Board of
Commissioners, and the Sharia Supervisory Board, to be proposed to the Board of Commissioners, the
Remuneration and Nomination Committee considers the following key factors:
a. Remuneration practices prevailing in the banking industry and the Bank’s scale on a peer-to-peer
basis within the national banking industry in general and the Islamic banking industry in particular;
b. The duties, responsibilities, and authorities of each member of the Board of Directors, the Board of
Commissioners, and the Sharia Supervisory Board, as linked to the achievement of the objectives and
performance of the Issuer or Public Company;
c. The achievement of the Bank’s performance targets on a bank-wide basis;
d. The achievement of performance targets or Key Performance Indicators (KPIs) of each member of the
Board of Directors, the Board of Commissioners, and the Sharia Supervisory Board;
e. The risks and complexity of duties of the Sharia Supervisory Board in accordance with the roles and
responsibilities of its members;
f. Proportionality of remuneration for the Board of Commissioners by taking into account the
comparison of risks and complexity of duties between the Sharia Supervisory Board and the Board of
Commissioners; and
g. The balance between fixed and variable components of remuneration.
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IMPLEMENTATION OF GOVERNANCE IN PROVIDING
REMUNERATION FOR SHARIA COMMERCIAL BANKS
The structure, policy, and level of remuneration b. Other facilities in non-financial form (in-kind)
as referred to above apply for one financial year for the Board of Commissioners and the Board
period in accordance with the GMS resolution. of Directors, including:
The Remuneration and Nomination Committee 1. Religious Holiday Allowance (THR)
is required to evaluate the remuneration policy at 2. Post-employment benefits
least once a year and to resubmit the proposed 3. Housing and utility allowances
structure and level of remuneration for the Board 4. Official vehicle facilities and transportation
of Directors, the Board of Commissioners, and allowance
the Sharia Supervisory Board to the GMS at each 5. Health facilities
Annual General Meeting of Shareholders of the 6. Club membership and professional
Bank. association membership
7. Communication expense facilities
Structure and Nominal Amount/Components of 8. Non-inventory office facilities
Remuneration 9. Business travel facilities
The remuneration policy and other facilities 10. Legal assistance facilities
(remuneration package) for the Board of 11. Leave entitlements
Commissioners, the Board of Directors, and the c. Other facilities in non-financial form (in kind)
Sharia Supervisory Board are determined by the for the Sharia Supervisory Board, including:
Annual GMS, among others: a. Religious Holiday Allowance (THR)
a. Remuneration, being income in financial form b. Post-employment benefits
(non-cash), including salary, net allowances, c. Health facilities
share-based compensation, bonuses, and d. Business travel facilities
other forms of remuneration.
Board of Commissioners
January - December 2025
Remuneration
Person Nominal (Rp)
Honorarium 8 13,713,829,034
Housing Allowance - -
Transportation Allowance 8 2,742,765,804
Holiday Allowance 8 1,304,455,000
Post-Service Insurance 9 5,077,219,859
Health - -
Total 22,838,269,697
Board of Directors
January - December 2025
Remuneration
Person Nominal (Rp)
Salary 10 27,989,566,131
Housing Allowance 10 1,890,125,806
Transportation Allowance - -
Holiday Allowance 10 2,472,600,000
Post-Service Insurance 7 7,395,789,103
Health - -
Total 39,748,081,040
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IMPLEMENTATION OF GOVERNANCE IN PROVIDING
REMUNERATION FOR SHARIA COMMERCIAL BANKS
Sharia Supervisory Board
January - December 2025
Remuneration
Person Nominal (Rp)
Honorarium 5 3,119,280,000
Housing Allowance - -
Transportation Allowance - -
Holiday Allowance 5 259,940,000
Post-Service Insurance - -
Health - -
Total 3,379,220,000
Remuneration Package and Facilities Received by the Board of Directors,
Board of Commissioners, and Sharia Supervisory Board (DPS)
Amount Received in 1 Year
Board of
Types of Remuneration and Boards of Directors DPS
Commissioners
Other Facilities
Million Million Million
Person Person Person
(IDR) (IDR) (IDR)
Salary, bonuses, routine
allowances, tantiem, and other 39,748 22,838 3,379
facilities in non-kind form
Other facilities in kind (housing, 10 8 5
transportation, health insurance
and so on) which *): - - -
a. can be owned
b. cannot be owned
Total 39,748 8 22,838 5 3,379
*) Valued in rupiah equivalent,
Remuneration Packages Categorized by Income Levels Received by The Board of Directors,
Board of Commissioners, and DPS in One Year
Number of Number of Board Number of Sharia
Amount of Remuneration per Person in 1 year *)
Directors of Commissioners Supervisory Board
above Rp 2 billion 10 1 -
above Rp 1 billion up to IDR 2 billion - 7 -
above Rp 500 million up to IDR 1 billion - - 5
Rp 500 million and below - - -
EMPLOYEE REMUNERATION POLICY
These governance principles are also applied in the provision of remuneration for all Bank employees, as
stipulated in the Human Capital Standard Operating Procedures of BSI (SPO HC).
Unlike the remuneration policy for management, which requires a resolution of the GMS, the employee
remuneration policy is determined by the Board of Directors with oversight from the Board of
Commissioners and the Sharia Supervisory Board.
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IMPLEMENTATION OF GOVERNANCE IN PROVIDING
REMUNERATION FOR SHARIA COMMERCIAL BANKS
In accordance with the SPO HC, the Remuneration Deferral of Variable Remuneration
and Nomination Committee also plays a role Variable remuneration is subject to deferral under
in providing recommendations on the overall the following provisions:
employee remuneration policy to be submitted to a. For parties designated as Material Risk Takers
the Board of Commissioners, taking into account: (MRT), a portion of their variable remuneration
a. Financial performance; shall be deferred.
b. Fulfilment of the establishment of Allowance b. The minimum deferral for MRT who are
for Impairment Losses; members of the Board of Directors and Board
c. Fairness in comparison with peer Head Office of Commissioners is 10% of their variable
work units; and remuneration.
d. Consideration of the Bank’s long-term targets
and strategies. Establishment of Deferral Policy
The implementation of a deferral (malus) or
Information related to employee remuneration is recovery (clawback) policy shall apply under the
presented in the Remuneration subsection under following circumstances:
the Human Capital chapter of this Annual Report. a. Proven Individual Fraud.
b. Restatement of the Company’s financial
statements that form the basis for determining
VARIABLE REMUNERATION the variable remuneration.
c. The Company’s risk rating in the last Quarter
The Bank also provides variable compensation, prior to the payment of deferred variable
including Location Allowances, allowances for remuneration is rated 4 (Moderate to High) or
certain positions, Appearance Allowances for lower.
frontliner employees, Overtime Compensation,
performance achievement bonuses, sales Number of Recipients and Total Amount
incentives, retention programs, and Long- of Unconditionally Guaranteed Variable
Term Incentive programs in the form of shares. Remuneration
Specifically, Independent Commissioners receive During 2025, there were no recipients and no
remuneration in cash in accordance with the total amount of variable remuneration that was
provisions of OJK Regulation No. 59/POJK.03/2017. unconditionally guaranteed to be granted by the
To support official duties, the Bank provides official Bank to prospective members of the Board of
facilities for employees, including official housing, Directors, prospective members of the Board of
reimbursement of utility expenses, telephone Commissioners, and/or prospective employees
allowances, and leased official vehicles. To support during the first one (1) year of employment, as
employees’ needs for home ownership, vehicles, referred to in OJK Regulation No. 59/POJK.03/2017.
and other personal needs, the Bank provides
Employee Welfare Loan facilities.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
IMPLEMENTATION OF GOVERNANCE IN PROVIDING
REMUNERATION FOR SHARIA COMMERCIAL BANKS
Total Amount of Deferred Variable Remuneration
Deferred Variable
Remuneration
MRT Information
Cash Share (Rp)
Board of Total blocked shares x closing trading price at the end of
- 4,354,744,000
Commissioners 2025 (as of December 31, 2025): 1,952,800 shares x IDR 2,230
Total blocked shares x closing trading price at the end of
Board of Directors - 16,964,976,990
2025 (as of December 31, 2025): 7,607,613 shares x IDR 2,230
Total Amount of Deferred Variable Remuneration Paid During 1 (One) Year
Deferred Variable Remuneration
MRT
Cash Share (IDR)
Board of Commissioners - 2,310,420
Board of Directors - 8,262,417
SHARE OPTION PROGRAM FOR THE BOARD OF DIRECTORS, BOARD OF
COMMISSIONERS, SHARIA SUPERVISORY BOARD, AND EXECUTIVE OFFICERS
BSI did not implement or issue any share option program for the Board of Directors, the Board of
Commissioners, or employees throughout 2025.
HIGHEST AND LOWEST SALARY RATIOS
1. Ratio of the highest and lowest salaries of the Board of Directors: 1.6:1
2. Ratio of the highest and lowest salaries of the Board of Commissioners: 1.1:1
3. Ratio of the highest and lowest salaries of the Sharia Supervisory Board (DPS): 1.46:1
4. Ratio of the highest and lowest employee salaries: 53.0:1
5. Ratio of the highest salary of the Board of Directors to the highest employee salary: 1.68:1
RETIREMENT SEVERANCE
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
IMPLEMENTATION OF GOVERNANCE IN PROVIDING
REMUNERATION FOR SHARIA COMMERCIAL BANKS
In 2025, there were employees whose employment ended due to reaching retirement age. The Bank paid
severance in accordance with the applicable laws and regulations, with the details as follows:
No. Total Nominal Severance Paid per Person in 1 (one) Year Number of Employee
1 >1 Billion 4
2 >500 Million – 1 Billion 7
3 <500 Million 84
Furthermore, in 2025, there were employees whose employment ended due to Bank policies such as
mergers, consolidations, acquisitions, and streamlining of the Bank’s organizational structure. The
severance payments were made in reference with applicable laws and regulations, with details as follows:
No. Total Nominal Severance Paid per Person in 1 (one) Year Number of Employee
1 >1 Billion -
2 >500 Million – 1 Billion -
3 <500 Million -
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS,
BOARD OF COMMISSIONERS,
AND SHARIA SUPERVISORY
BOARD DIVERSITY POLICY
BSI regulates diversity for the Board of Directors, background, age, gender, integrity, and
the Board of Commissioners, and the Sharia understanding of Sharia banking, to support
Supervisory Board through its Articles of effective management and oversight.
Association and implements this policy in
compliance with prevailing regulations on Sharia During the nomination process, the Remuneration
banking, capital markets, and requirements and Nomination Committee identifies the
applicable to SOE subsidiaries. The policy ensures required diversity profile before submitting
that each member possesses the knowledge, recommendations to the Shareholders and the
expertise, and competencies required by the Bank. GMS. For Sharia Supervisory Board candidates,
recommendations from the National Sharia
In its implementation, BSI refers to relevant Council of the Indonesian Ulema Council are also
governance regulations and guidelines, including obtained.
those issued by the Financial Services Authority,
the Ministry of SOEs, and the Mandiri Subsidiaries The current composition of BSI’s Board of
Management Principles Guideline (MSMPG) 2024. Directors, Board of Commissioners, and Sharia
Supervisory Board has met the established
The composition of the Board of Directors, diversity criteria. In 2025, this diversity is reflected
the Board of Commissioners, and the Sharia in a balanced combination of age, educational
Supervisory Board reflects a balanced mix of background, professional experience, and gender
individual characteristics, including expertise, representation, as presented in the table below:
knowledge, professional experience, educational
Diversity of the Board of Commissioners Composition
Aspect Description
Education •• Members of the Board of Commissioners have diverse educational backgrounds,
covering Law, Economics, Accounting, Finance, Management, Public Administration,
Engineering, Medicine, Islamic Studies, Communication Studies, and Computer Science.
•• Academic qualifications range from diploma and bachelor’s degrees to master’s and
doctoral degrees from leading national and international universities.
Competency and •• The Board of Commissioners brings extensive professional experience across banking
Work Experience and Sharia banking, finance, public policy, government, education, religious institutions,
state-owned enterprises, infrastructure, healthcare, and social development.
•• Several members have served as ministers, senior government officials, regulators,
academics, rectors, commissioners, and sharia governance experts, reflecting strong
oversight, policy, and strategic capabilities aligned with the Bank’s business and
governance needs.
Age As of December 2025, the age of Board of Commissioners members ranges from 39 to 69
years, providing a balanced combination of senior leadership experience and generational
perspectives.
Gender The composition of the Board of Commissioners includes both male and female members,
demonstrating the Bank’s commitment to gender diversity and inclusive leadership at the
supervisory level.
Further information on the diversity composition of the Board of Commissioners is presented in the
Chapter 3 Company Profile of this Annual Report.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BOARD OF DIRECTORS, BOARD OF COMMISSIONERS,
AND SHARIA SUPERVISORY BOARD DIVERSITY POLICY
Diversity of the Board of Directors Composition
Aspect Description
Education •• Members of the Board of Directors have diverse educational backgrounds, covering
Accounting, Economics, Management, Engineering, Information Technology, Law,
Public Administration, and Agribusiness.
•• Academic qualifications of the Board of Directors range from diploma and bachelor’s
degrees to master’s degrees, obtained from reputable domestic and international
universities.
Competency and •• The Board of Directors brings extensive professional experience across sharia and
Work Experience conventional banking, finance, risk management, treasury, information technology,
human capital management, as well as the public sector and SOEs.
•• Several members have held senior executive roles in banking, led strategic business
units, and served as professionals in finance and technology as well as executives within
financial institutions and SOEs, strengthening the Bank’s management, strategic
decision-making, and operational execution.
Age As of December 2025, the age of the members of the Board of Directors ranges from 44 to
62 years, reflecting a balance between strong leadership experience and cross-generational
managerial perspectives.
Gender The composition of the Board of Directors is predominantly male, reflecting the Bank’s
current leadership structure, while continuing to prioritise competency and professionalism.
Further information on the diversity composition of the Board of Directors is presented in the Chapter 3
Company Profile of this Annual Report.
Diversity of the Sharia Supervisory Board Composition
Aspect Description
Education •• Members of the Sharia Supervisory Board possess strong and relevant educational
backgrounds in Sharia, Fiqh, Tafsir and Qur’anic Studies, Islamic Economics, Law, and Sharia
Finance.
•• Academic qualifications range from bachelor’s to doctoral degrees obtained from leading
domestic and international universities, including Al-Azhar University Cairo and UIN Syarif
Hidayatullah Jakarta.
Competency and •• The Sharia Supervisory Board brings extensive professional experience as sharia supervisors
Work Experience in Islamic banks, sharia business units, financing companies, takaful insurers, asset
managers, and other national and international financial institutions.
•• Several members also serve in the National Sharia Council of the Indonesian Ulema Council
(DSN–MUI), academia, professorships, and as experts in sharia fatwas and accounting
standards, strengthening the Bank’s sharia compliance oversight.
Age As of December 2025, the age of Sharia Supervisory Board members ranges from 50 to 64
years, reflecting a balance between depth of experience and continuity of oversight.
Gender The current composition of the Sharia Supervisory Board consists of male members, with
appointments based on competency, integrity, and independence.
Further information on the diversity composition of the Board of Directors is presented in the Chapter 3
Company Profile of this Annual Report.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
TRANSPARENCY OF SHARE OWNERSHIP
OF THE BOARD OF DIRECTORS, BOARD
OF COMMISSIONERS, AND SHARIA
SUPERVISORY BOARD
SHARE OWNERSHIP OF MEMBERS OF THE BOARD OF DIRECTORS, BOARD OF
COMMISSIONERS, AND SHARIA SUPERVISORY BOARD
Aligned with SEOJK No. 14/SEOJK.03/2025 Section XXIII.2, the Board of Directors, Board of Commissioners,
and Sharia Supervisory Board have disclosed share ownership of 5% (five percent) or more, whether in the
Bank concerned or in other banks and/or companies, both domestically and overseas. Details of the share
ownership of the Board of Directors, the Board of Commissioners, and the Sharia Supervisory Board are
presented in the table below.
Board of Directors Share Ownership More than 5% As of December 31, 2025
Share Ownership (sheets)
Name Position Other Non-Bank Other
BSI
Banks Financial Companies
Anggoro Eko Cahyo President Director - – – –
Bob Tyasika Ananta Vice President Director - – – –
Kemas Erwan Husainy Retail Banking Director - – – –
Information Technology
Muharto Hadi Suprapto - – – –
Director
Ade Cahyo Nugroho Finance & Strategy Director - – – –
Anton Sukarna Sales & Distribution Director - – – –
Compliance & Human
Arief Adhi Sanjaya - – – –
Capital Director
Grandhis Helmi Harumansyah Risk Management Director - – – –
Wholesale Transaction
Zaidan Novari - – – –
Banking Director
Treasury & International
Firman Nugraha - – – –
Banking Director
Board of Commissioners Share Ownership More than 5% As of December 31, 2025
Share Ownership (sheets)
Name Position Non-Bank
Other
BSI Other Banks Financial
Companies
Institutions
Muhadjir Effendy President Commissioner - – – –
Felicitas Tallulembang Independent Commissioner - – – –
Meidy Ferdiansyah* Commissioner - – – –
Mochamad Agus Rofiudin Commissioner - – – –
Kamaruddin Amin Commissioner - – – –
Nizar Ahmad Saputra Independent Commissioner - – – –
Muhammad Syafii Antonio* Independent Commissioner - – – –
Addin Jauharuddin* Independent Commissioner - – – –
*) effective from the date of obtaining approval from the OJK for the assessment of suitability and propriety (fit and proper test)
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
TRANSPARENCY OF SHARE OWNERSHIP OF THE BOARD
OF DIRECTORS, BOARD OF COMMISSIONERS, AND SHARIA
SUPERVISORY BOARD
Sharia Supervisory Board Share Ownership More than 5% As of December 31, 2025
Share Ownership (sheets)
Name Position Non-Bank
Other
BSI Other Banks Financial
Companies
Institutions
Prof. Dr. KH. Hasanudin, M.Ag Chairman - – – –
DR. H. Mohamad Hidayat, MBA, M.H Member - – – –
Dr. H. Oni Sahroni, MA Member - – – –
Dr. KH. Abdul Ghofur Maimoen, M.A. Member - – – –
Prof. Dr. Jaih Mubarok, SE, M.H, M.Ag Member - – – –
PURCHASE/SALE OF SHARES OF THE BOARD OF COMMISSIONERS AND DIRECTORS
Any share ownership transactions carried out by members of the Board of Directors and the Board of
Commissioners are reported to the Regulator in accordance with OJK Regulation No. 4 of 2024 on the
Reporting of Share Ownership or Any Changes in Share Ownership of Public Companies and the Reporting
of Share Pledging Activities. Members of the Board of Directors and/or the Board of Commissioners
who hold voting shares, whether directly or indirectly, are required to disclose such ownership and any
changes in voting share ownership of the Bank to the OJK.
Reports on share ownership or any changes thereto are submitted through the OJK’s electronic reporting
system and must be filed no later than 3 (three) business days from the occurrence of the share ownership
or any change in the Bank’s voting share ownership.
Number Purchase
Transaction Purpose of Ownership
Name Position of Shares Price per
Date Transaction Status
purchased/sold share
Anggoro Eko Cahyo President Director - - - - -
Bob Tyasika Ananta Vice President Director - - - - -
Sales & Distribution
Anton Sukarna - - - - -
Director
Finance & Strategy
Ade Cahyo Nugroho - - - - -
Director
Wholesale Transaction
Zaidan Novari - - - - -
Banking Director
Grandhis Helmi Risk Management
- - - - -
Haumansyah Director
Kemas Erwan
Retail Banking Director - - - - -
Husainy
Muharto Hadi Technology Information
- - - - -
Suprapto Director
Treasury & International
Firman Nugraha - - - - -
Banking Director
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
TRANSPARENCY OF SHARE OWNERSHIP OF THE BOARD
OF DIRECTORS, BOARD OF COMMISSIONERS, AND SHARIA
SUPERVISORY BOARD
Number Purchase
Transaction Purpose of Ownership
Name Position of Shares Price per
Date Transaction Status
purchased/sold share
Compliance & Human
Arief Adhi Sanjaya - - - - -
Capital Director
Hery Gunardi President Director* - - - - -
Saladin Dharma Information Technology - - - - -
Nugraha Effendi Director*
Treasury & International - - - - -
Ari Rizaldi
Banking Director*
1. Purchase of 1. Rp2,560 1. 4 March 1. 1. Direct
20,000 shares 2. Rp2,050 2025 Investment ownership
Harry Gusti utama Retail Banking Director* 2. Purchase of 2. 21 March 2. 2. Direct
30,000 shares 2025 Investment ownership
Tribuana Compliance & Human - - - - -
Tunggadewi Capital Director*
*) end of tenure as of the Annual GMS 2025 Fiscal year on May 16, 2025
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
ORGAN AND COMMITTEES UNDER
THE BOARD OF COMMISSIONERS
As part of its Good Corporate Governance implementation, Bank Syariah Indonesia
(BSI) supports the Board of Commissioners’ oversight function through committees
established under the Board of Commissioners. These committees are formed to
enhance the effectiveness of supervision and to support the provision of strategic
guidance to Management.
The establishment of committees under the Board of Commissioners refers to
applicable POJK and SEOJK regulations, including POJK No. 55/POJK.04/2015, POJK
No. 34/POJK.04/2014, POJK No. 17/POJK.03/2023, and SEOJK No. 14/SEOJK.03/2025.
In performing its oversight role, the Board of Commissioners of BSI is currently
supported by 3 (three) committees, namely the Audit Committee, the Remuneration
and Nomination Committee, and the Risk Monitoring Committee. These committees
provide in-depth reviews, recommendations, and inputs to assist the Board of
Commissioners in carrying out comprehensive and effective supervision.
In accordance with SEOJK No. 14/SEOJK.03/2025, the Board of Commissioners may
also establish additional committees, subject to the Bank’s needs and business
complexity, to further strengthen oversight.
Each committee is supported by independent parties to safeguard objectivity
and integrity in decision-making. BSI ensures compliance with independence
requirements through document verification, including integrity statements, while
regulating concurrent positions of committee chairs and members in line with
applicable provisions.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
COMMITTEE AUDIT
Purpose of Establishment
The Audit Committee is established to support the As a Sharia Commercial Bank, BSI may also appoint
Board of Commissioners by providing independent one (1) member of the Sharia Supervisory Board as
opinions on matters requiring the Board’s a member of the Audit Committee. Independent
attention, in accordance with GCG principles Parties serving on the Audit Committee are
and applicable laws and regulations. The Audit deemed competent when supported by relevant
Committee oversees the effectiveness of internal professional certifications and a minimum of five
control systems, the internal audit function, (5) years of work experience in finance, accounting,
and the financial reporting process to ensure law, banking, or Sharia banking, as applicable.
that the Bank is managed with transparency, Through this composition, BSI ensures that the
accountability, responsibility, independence, and Audit Committee possesses adequate expertise to
fairness. effectively support the Board of Commissioners’
oversight function.
Legal Basis for Establishment
The Company’s Audit Committee is established in Membership Requirements
compliance with: 1. Audit Committee members must have high
•• OJK No. 17 of 2023 on Governance Practices for integrity, good ethics and morals, and adequate
Commercial Banks; capability, knowledge, and experience in
•• SEOJK No. 14/SEOJK.03/2025 on Governance accordance with their educational background,
Practices for Commercial Banks. and be able to communicate effectively.
•• OJK Regulation No. 55/POJK.04/2015 on the 2. Have sufficient knowledge to read and
Establishment and Work Guidelines of Audit understand financial statements.
Committees; and 3. Have adequate knowledge of regulations
•• The Articles of Association of PT Bank Syariah related to Sharia banking activities.
Indonesia Tbk. 4. Must not be a person from a Public Accounting
Firm that has provided audit and non-audit
Audit Committee Membership services to Bank Syariah Indonesia within the
Referring to Bank Indonesia Regulation No. last 1 (one) year prior to appointment as an
11/33/PBI/2009 dated 7 December 2009 on the Audit Committee member.
Implementation of Good Corporate Governance 5. Must not hold shares in Bank Syariah Indonesia,
for Sharia Commercial Banks and Sharia Business either directly or indirectly.
Units, particularly Articles 36, 38, 42, and 43, as well 6. Must not have any affiliated relationship with
as in reference with SEOJK No. 14/SEOJK.03/2025 Bank Syariah Indonesia, members of the Board
– VI.4: of Commissioners, members of the Board of
1. The Audit Committee shall consist of at least: Directors, or the controlling shareholders of
1 (one) Independent Commissioner serving as Bank Syariah Indonesia.
Chair and member, 1 (one) Independent Party 7. Must not have any business relationship,
with expertise in finance or accounting, and 1 either directly or indirectly, with Bank Syariah
(one) Independent Party with expertise in law Indonesia.
or (Sharia) banking.
2. Independent Commissioners and Independent Committee Membership Composition
Parties as referred to in point 1 shall constitute The Audit Committee of BSI was appointed
at least 51% of the total Audit Committee pursuant to the Board of Directors’ Decree No.
members. KEP:05/440-KEP/DIR on the Amendment of
3. An Audit Committee member who is an Audit Committee Membership of PT Bank Syariah
Independent Commissioner shall be appointed Indonesia Tbk, effective 19 June 2025, as follows:
as Chair of the Audit Committee. If more than
1 (one) Independent Commissioner serves as a
member of the Audit Committee, one of them
shall be appointed as Chair.
4. Members of the Board of Directors are
prohibited from serving as members of the
Audit Committee.
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COMMITTEE AUDIT
Audit Committee Composition as of 31 December 2025
Name Position in Position in the Company
Period
the Committee
Chairman concurrently
Felicitas Tallulembang Independent Commissioner 2024 - 2027
a Member
Nizar Ahmad Saputra* Member Independent Commissioner 2025 - 2028
Muhammad Syafii Antonio* Member Independent Commissioner 2025 - 2028
Addin Jauharudin* Member Independent Commissioner 2025 - 2028
Suharto Member Independent Party 2024 - 2027
Mahfud Sholihin Member Independent Party 2024 - 2027
*) effective upon obtaining approval from OJK on fit and proper test
Audit Committee Tenure
The term of office of Audit Committee members originating from the Board of Commissioners shall not
exceed the term of the Board of Commissioners as stipulated in the Articles of Association, and they may
be reappointed for 1 (one) subsequent term. Meanwhile, Audit Committee members originating from
Independent Non-Commissioner parties may serve for a maximum term of 3 (three) years and may be
reappointed for up to 2 (two) additional years, without prejudice to the Board of Commissioners’ authority
to dismiss them at any time.
Audit Committee Profile
The profile of the Audit Committee members as members of the Board of Commissioners is presented
in Chapter 3 Profile of the Board of Commissioners in this Annual Report. The following are profile of the
Audit Committee members as non-Commissioner Independent Parties.
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COMMITTEE AUDIT
SUHARTO
Audit Committee Member/Independent Party
Indonesian Citizens
Born in Indramayu, in 1966.
59 Years Old as of December 2025
Domiciled in Bogor, West Java, Indonesia
Educational Background Work Experience
•• D3 Accounting, Padjadjaran University (1988) •• Audit Manager Retail Banking Audit, PT Bank
•• Bachelor’s Degree in Accounting, STIE Mandiri (Persero), Tbk (2020-2022)
Jagakarsa (1996) •• Group Head Internal Audit, PT Bank Syariah
•• Masters in Management in Business, IPB Mandiri (2017-2020)
University (2021) •• Audit Manager Distribution Audit, PT Bank
Mandiri (Persero), Tbk (2015-2017)
Certification •• Audit Manager REB IV Makassar, PT Bank
•• Certification in Audit Committee Practices Mandiri (Persero), Tbk (2012-2015)
2024. •• Department Head Audit Development, PT
•• Banking Risk Management Level VI - Sharia Bank Mandiri (Persero), Tbk (2010-2012)
Financial Professional Certification Institute •• Department Head Audit Development, PT
2024. Bank Mandiri (Persero) Tbk (2010–2012)
•• Banking Risk Management Level IV - Banking •• Regional Business Control Head Region I
Certification Institute 2020. Medan, PT Bank Mandiri (Persero) Tbk (2008–
•• General Banking General Banking Level III, 2010)
Banking Professional Certification Institute •• Senior Audit & Lead Auditor, PT Bank Mandiri
2016. (Persero) Tbk (1999–2008)
•• Bank Staff and Leadership School (SESPIBANK) •• Internal Auditor, Bank Ekspor Impor Indonesia
Class of 65, Indonesian Banking Development (Bank Exim) (1993–1999)
Institute (LPPI). 2016. •• Junior Accountant, PT Bank Rakyat Indonesia
•• Certified Bank Auditor (CBA), Bank (Persero) Tbk (1989–1993)
Administration Institute (BAI)
•• Certified Fraud Examiners (CFE) - Association Period and Term of Office
Certification Fraud Examiners (ACFE) February 6, 2024 – February 5, 2027
•• Qualified Internal Auditor (QIA) - Internal
Auditor Development Foundation (YPIA) Concurrent Positions
-
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
COMMITTEE AUDIT
MAHFUD SHOLIHIN
Audit Committee Member/Independent Party
Indonesian Citizens
Born in Klaten, in 1973.
52 Years Old as of December 2025
Domiciled in Yogyakarta, Indonesia
Educational Background Work Experience
•• Bachelor’s Degree in Accounting, Universitas •• Member of the Audit Committee, PT Bank
Gadjah Mada Syariah Indonesia, Tbk. June 2025–Present
•• Master of Accounting, University of Western •• Chairman of the Institute for Financial
Australia Development and Supervision (LPPK), Central
•• Doctor of Philosophy, University of Bradford Board of Muhammadiyah. 2025–Present
•• Member of the National Management Board,
Certification Indonesian Institute of Accountants (IAI). 2022–
•• Risk Management Level 7 Refresher, BSU Present
University, Jakarta, 2025 •• Chairman of the Sharia Supervisory Board,
•• CACP, Indonesian Institute of Accountants (IAI), BPRS Sleman. 2022–2025
Jakarta, 2025 •• Member of the Sharia Supervisory Board, Sharia
•• Risk Management Level 6 and 7 (Certified), Risk Business Unit of Bank BPD DIY. 2020–Present
Management Certification Agency (BSMR), •• Member of the Commissioner Board, Public
Jakarta, 2024 Accountant Professional Committee (KPAP).
•• Certified Practicing Accountant (Australia), CPA 2019–2025
Australia (Indonesia), Jakarta, 2022 •• Chairman of the Sharia Accounting Standards
•• Risk Management Level 1, 2, and 3 (Certified), Board, Indonesian Institute of Accountants (IAI).
Risk Management Certification Agency (BSMR), 2017–2022
Jakarta, 2022 •• Vice Dean for Academic and Student Affairs,
•• Data Analytics (Certified), Association of Faculty of Economics and Business, Universitas
Chartered Certified Accountants (ACCA) & Gadjah Mada (FEB UGM). 2016–2021
Indonesian Institute of Accountants (IAI), •• Monitoring Committee for Risk Management
Jakarta, 2021 and Business Investment (KPMRIU), PT Pos
•• Sharia Supervisor (Certified), Indonesian Ulema Indonesia. 2015–2017
Council Professional Certification Institute (LSP •• Short Term Consultant, PEACH Project, World
MUI), Jakarta, 2021 Bank. 2013–2014
•• Internal Bank Auditor (Certified), Banking •• Head of the Accounting Department, FEB UGM.
Professional Certification Institute (LSPP), 2012–2016
Jakarta, 2020 •• Finance Specialist, PEACH (Public Expenditure
•• Training for Prospective Sharia Supervisory and Capacity Harmonization) Project, World
Board Members, National Sharia Council – Bank. 2012–2013
Indonesian Ulema Council, Jakarta, 2019 •• Lecturer, Department of Accounting, Faculty of
•• General Banking (Certified), Banking Economics and Business UGM. 1999–Present
Professional Certification Institute (LSPP),
Jakarta, 2018 Period and Term of Office
•• Risk and Governance (Certified), Enterprise Risk June 19, 2025 – June 18, 2026
Management Academy, Jakarta, 2016
Concurrent Positions
-
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COMMITTEE AUDIT
Audit Committee Charter d. Conducting an in-depth review of significant
The Company has established an Audit Committee changes in balance sheet and profit or loss
Charter through the Board of Commissioners’ accounts.
Decree of PT Bank Syariah Indonesia Tbk No. 04/ e. Conducting an in-depth review of other
KEP-KOM/002/2024 on the Guidelines and Rules asset and liability accounts in detail.
of Procedure (Charter) of the Audit Committee of f. Conducting an in-depth review of the
PT Bank Syariah Indonesia Tbk, dated July 1, 2024. realization of the Company’s Work Plan
This Charter represents an update to the previous and Budget and examining items with
Audit Committee Charter as stipulated in Decree significant variances.
No. 01/003-SKB/Dirkom dated February 1, 2021. The g. Holding periodic meetings with relevant
Audit Committee Charter serves as the primary work units and the External Auditor of
reference for carrying out the Audit Committee’s PT Bank Syariah Indonesia Tbk to obtain
duties and responsibilities in a transparent, additional information and clarification on
competent, objective, and independent manner, accounting and financial matters.
ensuring accountability and acceptance by all h. Reporting periodically on the results of its
stakeholders. In general, the Charter outlines the monitoring activities and providing input
roles, authorities, responsibilities, composition, on matters that require the attention of the
and working procedures of the Audit Committee: Board of Commissioners.
1. General Objective of Establishment
2. Authority 2. Internal Control
3. Membership Monitoring and evaluating the effectiveness of
4. Membership Criteria implementation and audit results conducted
5. Duties and Responsibilities by the Internal Audit Unit and External Auditors
6. Employment Relations on the application of the internal control
7. Meeting system.
8. Reporting a. Reviewing and ensuring that PT Bank
9. Term of Office and Compensation Syariah Indonesia Tbk has an established
10. Bank Confidentiality internal control system in accordance with
11. Closing prevailing practices.
b. Conducting an in-depth review of
Audit Committee Duties and Responsibilities examination reports issued by the Internal
The Audit Committee is tasked and responsible Audit Unit and External Auditors examining
for monitoring the adequacy of internal control PT Bank Syariah Indonesia Tbk to ensure
system, adequacy and accuracy of financial that internal controls have been properly
reporting process, and effectiveness of internal implemented.
and external auditors. The Committee also c. Holding periodic meetings with work units
identifies matters requiring attention of the Board related to the internal control system and its
of Commissioners, prepares analyses related to implementation.
its oversight function, and performs other duties d. Monitoring and evaluating the
as assigned by the Board of Commissioners, implementation of follow-up actions by
including the following: the Board of Directors on audit findings
and supervisory results from the Financial
1. Financial Statements Services Authority, the Internal Audit Unit,
a. Monitoring and evaluating financial the Sharia Supervisory Board, and External
information to be issued by PT Bank Auditors.
Syariah Indonesia Tbk, including financial e. Reporting periodically on the results of its
statements, projections, and other financial monitoring and providing input on matters
disclosures. that require the attention of the Board of
b. Conducting an in-depth review of the Commissioners.
Company’s Work Plan and Budget and the
Long-Term Plan.
c. Conducting an in-depth review of interim
and annual financial statements, whether
audited or unaudited.
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3. Internal Audit 4) One of the officials and/or auditors of
Monitoring and evaluating the implementation the Public Accounting Firm invited to
of duties of the Internal Audit Unit. participate in the tender is a former key
a. Evaluating the annual work plan of the employee in the accounting and finance
Internal Audit Unit. function at PT Bank Syariah Indonesia
b. Conducting an in-depth review of all Tbk who left less than 1 (one) year prior.
significant findings resulting from internal 5) One of the key employees in the
audit examinations. accounting and finance function at PT
c. Evaluating the audit program and scope Bank Syariah Indonesia Tbk is a former
in relation to the implementation of the official/auditor of the Public Accounting
annual work plan of the Internal Audit Unit. Firm invited to participate in the tender
d. Evaluating the implementation of audits who left less than 1 (one) year prior.
conducted by the Internal Audit Unit to d. Reviewing and ensuring that PT Bank
ensure that the audit program has been Syariah Indonesia Tbk has standardized
carried out with the appropriate scope. procedures that comply with applicable
e. Holding periodic meetings with the Internal regulations in the selection of the Public
Audit Unit to discuss significant audit Accounting Firm.
findings and to provide input deemed e. Reviewing and ensuring that the selection
necessary in the conduct of audits by the process of the Public Accounting Firm has
Internal Audit Unit. been conducted properly in accordance
f. Requesting assistance from the Internal with established procedures.
Audit Unit to conduct special audits/ f. Reviewing the Request for Proposal and
investigations if there are audit findings Terms of Reference submitted to the
and/or information related to violations of Public Accounting Firm designated as the
laws and applicable regulations. prospective external auditor of PT Bank
g. Reporting periodically on the results of its Syariah Indonesia Tbk.
monitoring and providing input on matters g. Reviewing the audit planning and scope
that require the attention of the Board of submitted by the selected/appointed Public
Commissioners. Accounting Firm to ensure that the audit
plan and scope are in accordance with
4. External Audit the Request for Proposal and Terms of
a. Conducting an in-depth review of all Reference and have considered all material
significant findings from the audits risks.
performed by the External Auditor and h. The Audit Committee provides
other auditor institutions. recommendations regarding the
b. Reviewing the name and/or reputation of appointment of the Public Accountant and
the Public Accounting Firm (KAP) to be Public Accounting Firm to the Board of
invited to participate in the tender. Commissioners for submission to the GMS.
c. Reviewing any potential relationships i. Conducting periodic communications
between the Public Accounting Firm to with the Public Accounting Firm auditing
be invited to participate in the tender, PT Bank Syariah Indonesia Tbk to discuss
including its officials and staff, and PT Bank matters that need to be communicated,
Syariah Indonesia Tbk, which include: including:
1) A relationship as a non-audit service 1) Progress of the audit implementation.
provider to PT Bank Syariah Mandiri Tbk. 2) Significant findings.
2) A relationship as a shareholder of PT 3) Changes in accounting and financial
Bank Syariah Indonesia Tbk in a material recording regulations issued by the
or controlling amount. relevant authorities.
3) A close family relationship with key 4) Adjustments arising from the audit
employees in the accounting and results.
finance functions at PT Bank Syariah 5) Constraints or obstacles encountered
Indonesia Tbk. during the audit process.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
COMMITTEE AUDIT
j. Reporting periodically on the results of its to the Board of Commissioners regarding the
monitoring and providing input on matters appointment of Public Accounting Firms based
requiring the attention of the Board of on independence, scope of engagement, and
Commissioners.. fees.
7. Internal Audit Examination: Reviewing the
Duties and Responsibilities of Audit Committee implementation of internal audit examinations
Chairman and supervising the follow-up actions taken
The Chairman of the Audit Committee is tasked by the Board of Directors on internal audit
and responsible for: findings.
1. Determining the annual work plan. 8. Accounting and Financial Reporting
2. Preparing reports on the Committee’s activities Complaints: Reviewing complaints related
and matters requiring the attention of the to BSI’s accounting and financial reporting
Board of Commissioners. processes.
3. Appointing a non–Board of Commissioners 9. Potential Conflicts of Interest: Reviewing and
Audit Committee member or other third party providing advice to the Board of Commissioners
as Committee Secretary to record Committee regarding potential conflicts of interest at BSI.
meetings and prepare the minutes of meetings.
4. Attending meetings. Authorities of the Audit Committee
5. Taking an active role and contributing to every The Audit Committee has the authority to carry
Audit Committee meeting. out the following:
1. Providing opinions to the Board of
Duties and Responsibilities of Audit Committee Commissioners regarding financial statements
Members and/or other matters submitted by the Board
Audit Committee members are tasked and of Directors.
responsible for: 2. Communicating with Heads of Work Units
1. Reviewing meeting materials in advance. and other relevant parties within PT Bank
2. Attending meetings, actively participating, and Syariah Indonesia Tbk, as well as with the
contributing to all Audit Committee meeting Public Accounting Firm auditing PT Bank
activities. Syariah Indonesia Tbk, to obtain information,
clarification, and to request necessary
As stipulated in the updated Audit Committee documents and reports.
Charter, Audit Committee members are required 3. Requesting audit reports from internal auditors,
to monitor and evaluate the following matters: external auditors, and other supervisory/auditor
1. Audit Planning and Implementation: institutions.
Monitoring follow-up actions on audit results 4. Requesting internal and/or external auditors to
to assess the adequacy of internal controls, conduct special audits/investigations if there
including the financial reporting process. are strong indications of fraud, legal violations,
2. Internal Control Evaluation: Evaluating the or breaches of applicable laws and regulations.
adequacy of internal controls at BSI. 5. Accessing records or information relating to
3. Review of Financial Information: Reviewing employees, funds, assets, and other corporate
financial information to be disclosed by BSI resources relevant to the performance of its
to the public and/or regulatory authorities, duties.
including financial statements and related
reports. Audit Committee Education Qualifications and
4. Regulatory Compliance: Reviewing compliance Professional Experience
with laws and regulations related to BSI’s The qualifications and professional experience
activities. of the Chairman and Members of the Audit
5. Independent Opinions: Providing independent Committee are as follows.
opinions in the event of differences of opinion
between management and the Public
Accountant.
6. Recommendation on the Appointment of Public
Accounting Firms: Providing recommendations
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Audit Committee Educational Qualifications and Professional Experience
Name Position Education Professional Experience
Professional background in the
Felicitas Tallulembang Chairman Bachelor of Medicine
health sector
•• Bachelor’s Degree of Islamic Studies Professional background
Nizar Ahmad Saputra Member •• Master’s Degree in Communication in banking, and corporate
Studies oversight
•• Bachelor of Arts in Islamic Studies
Professional background
Mohammad Syafii and Economics and Statistics
Member in banking, and corporate
Antonio* •• Master of Economics
oversight
•• Doctoral of Micro Finance
•• Bachelor’s Degree of Al-Ahwal Al- Professional background
Syakhshiyyah in banking, and corporate
•• Master of Management Program oversight
Addin Jauharudin* Member
•• Doctoral Degree from Universitas
Brawijaya Malang, Strategic
Management Concentration
•• Diploma III Accounting Professional background in
Suharto Member •• Bachelor of Accounting banking
•• Master of Management In Business
•• Bachelor of Accounting
Professional background in
Mahfud Sholihin Member •• Master of Accounting
banking
•• Doctor of Philosophy
*) effective upon obtaining approval from OJK on fit and proper test
Audit Committee Independence
All members of the Audit Committee are independent parties with no financial, management,
shareholding, and/or family relationships with members of the Board of Commissioners, the Board of
Directors, and/or the controlling shareholders. In addition, they have no relationships with the Bank
that could impair their ability to act independently and objectively, thereby ensuring that oversight and
evaluation are carried out free from any conflicts of interest.
The independence qualifications of Audit Committee members must meet the following criteria:
Nizar Mohammad
Felicitas Addin Mahmud
Independence Aspect Ahmad Syafii Suharto
Tallulembang Jauharudin Sholihin
Saputra Antonio
Has no financial relationship with
the Board of Commissioners and √ √ √ √ √ √
Directors
Has no management relationships
in the company, subsidiaries or √ √ √ √ √ √
affiliated companies
Has no share ownership
√ √ √ √ √ √
relationship in the company
Has no family relationship with
the Board of Commissioners,
√ √ √ √ √ √
Directors, and/or fellow members
of the Audit Committee
Not serving as a political
party administrator, official or √ √ √ √ √ √
government official
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
COMMITTEE AUDIT
Training and/or Competency Development of the Audit Committee
Training and/or competency development of Audit Committee members who are members of the
Board of Commissioners is presented in the Board of Commissioners subsection of this Annual Report.
The following is a summary of the training and/or competency development undertaken in 2025 by
Audit Committee members who serve as Independent Parties and are not members of the Board of
Commissioners.
Name Position Type of Training and Competency Development Material
•• Refreshment on Risk Management Qualification Level 6 for Banking, BSI Corporate
University, 2025
•• Strategic Strengthening for the Board of Commissioners: Ethics, Governance, ESG, and
Digitalization in the Modern Banking Era, Indonesian Banking Association – Banking
Competency Center, 2025
•• Internal Control Over Financial Reporting (ICOFR), CACP, Indonesian Audit Committee
Association, 2025
Suharto Member
•• Sustainability Reporting: Impact & Implementation of PSPK 1 and 2 for Professionals,
Indonesian Audit Committee Association and PwC, 2025
•• Risk & Governance Summit, Financial Services Authority (OJK), 2025
•• Latest Trends and Modes of Money Laundering Schemes: Strategy, Identification,
Mitigation, and Law Enforcement, Financial Services Authority (OJK), 2025
•• Internal Audit Training Level Audit Manager, Indonesian Banking Association – Banking
Competency Center, 2025
•• Refreshment on Risk Management Level 7, Developing a Risk Culture, ASBISINDO,
Mahfud
Member Jakarta, 2025
Solihin
•• CACP, Indonesian Audit Committee Association, Jakarta, 2025
AUDIT COMMITTEE MEETING
Audit Committee Meeting Policy
Based on the Audit Committee Charter, the Audit Committee Meeting Policies include:
1. The Audit Committee meeting is held at least once in 1 (one) month.
2. The Audit Committee Meeting is considered valid if attendance is at least 51% of the total number of
members including a Commissioner and an independent party.
3. The meeting shall be chaired by the Chairman of the Audit Committee or the appointed member, if
the Chairman of the Audit Committee is unable to attend.
4. The decision of the Meeting is made based on consensus deliberation.
5. In the event that there is no consensus deliberation as intended, decision making is made based on
the majority vote.
6. Dissenting opinions that occur in the committee meeting must be clearly stated in the minutes of
meeting with the reasons for the disagreement.
7. The Audit Committee meeting must be stated in the minutes of meeting signed by all members
present and well documented.
Audit Committee Meeting Agenda
Throughout 2025, the dates, agendas and participants quorum of the Audit Committee meetings were
as follows.
No. Date Meeting Agenda Quorum
1. February 6, 2025 2024 Audit Implementation (FY) - Internal Audit Report 93%
2. February 20, 2025 Operational Preparations Ahead of Ramadan & Eid al-Fitr 100%
3 March 6, 2025 Customer Care Development 2025 100%
4. 20 Maret 2025 Progress in Fulfilling & Developing the Islamic Ecosystem 2025 100%
5 20 Maret 2025 IT Development Progress Update for the Fourth Quarter of 2024 100%
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No. Date Meeting Agenda Quorum
6. April 24, 2025 Update on the Development of Data Analytics & Artificial Intelligence at
100%
BSI 2025
7. May 14, 2025 Realization of Audit for Quarter 1 of 2025 - Internal Audit Report 100%
8. May 14, 2025 2025 Anti-Fraud Strategy Implementation Report 100%
9. June 19, 2025 Update on Program Operational Excellence Developments 75%
10. June 19, 2025 Strengthening the Implementation of Risk Management & Sharia
75%
Governance
11. July 10, 2025 Report on the Realization of Internal Control Over Financial Reporting
100%
(ICOFR) Implementation
12 July 10, 2025 Progress Update on Fulfillment & Development of the Islamic
100%
Ecosystem for Semester I 2025
13.. July 24, 2025 IT Development Progress Update for Semester I 2025 100%
14. September 4, 2025 Realization of the Second Quarter Audit of 2025 - Internal Audit Report
15. September 4, 2025 Update on BPK Audit Results 100%
16. September 18, 2025 Second Quarter 2025 Anti-Fraud Strategy Implementation Report 100%
17. October 30, 2025 Kick-Off Meeting with E&Y 100%
18. November 13, 2025 Audit Realization Report for Q3 2025 100%
19. November 13, 2025 Audit Plan for 2026 100%
20. December 4, 2025 Report on the Realization of the Implementation of Internal Control
100%
Over Financial Reporting (ICOFR) for Q3 2025
21. December 18, 2025 Anti-Fraud Strategy Realization Report for Q3 2025 100%
22 December 18, 2025 Update on the Realization of IT Projects for Q3 2025 (Project Neom) and
Operational Preparations for the 2025 Christmas and the 2026 New 100%
Year Holidays
Audit Committee Meeting Attendance Rate
Audit Committee Meeting
Total and Percentage of Attendance
Name Position
Total Total
Percentage
Meetings Attendance
Muhammad Nasir Chairman concurrently Member 8 8 100%
Adiwarman Karim Member 8 8 100%
Komaruddin Hidayat Member 7 8 88%
Muliaman D Hadad Member 8 8 100%
Suyanto Member 8 8 100%
Masduki Baidlowi Member 8 8 100%
Fauzi Member 8 8 100%
Nazaruddin Member 8 8 100%
Abu Rokhmad Member 8 8 100%
Felicitas Tallulembang Chairman concurrently Member 22 22 100%
Muhadjir Effendi Member 14 14 100%
Nizar Ahmad Saputra Member 14 14 100%
Addin Jauharudin* Member 14 14 100%
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COMMITTEE AUDIT
Audit Committee Meeting
Total and Percentage of Attendance
Name Position
Total Total
Percentage
Meetings Attendance
Mohammad Syafii Antonio* Member 14 12 86%
Muhammad Agus Rofiudin Member 14 14 100%
Kamaruddin Amin Member 14 12 86%
Meidy Ferdiansyah* Member 14 14 100%
Noor Anis Member 22 22 100%
Suharto Member 22 22 100%
Mahfud Solihin Member 14 14 100%
Rahmatina Awaliyah Katsri Member 22 20 91%
*) effective upon obtaining approval from OJK on fit and proper test
Performance Assessment Mechanism and KPI 2. Provided recommendations for the
Achievement appointment of the Public Accounting Firm
The performance of BSI’s Audit Committee is and Public Accountant for the Annual Financial
evaluated annually by the Board of Commissioners Statement Audit of PT Bank Syariah Indonesia
to assess the effectiveness of its duties and Tbk for the 2025 financial year.
responsibilities. The evaluation covers self- 3. Provided recommendations from the Audit
assessment results, work program realization, Committee to the Board of Commissioners
the quality of recommendations, meeting regarding the approval of audit service
attendance and participation, and contributions honorarium for BSI’s Financial Statement Audit
to strengthening governance, internal controls, for the 2025 financial year.
and compliance. 4. Provided recommendations from the Audit
Committee to the Board of Commissioners
Throughout 2025, BSI’s Audit Committee regarding the approval of the Quarterly
demonstrated effective performance in line with Financial Statement Publications during 2025.
the 2025 Work Plan. KPI targets were achieved, 5. Prepared the report on the implementation of
as reflected in the successful implementation the Anti-Fraud Strategy.
of work programs, relevant recommendations, 6. Reviewed and approved the Annual Internal
and effective coordination with the Board of Audit Work Program as part of the oversight
Commissioners, the Board of Directors, and function over the planning and implementation
relevant work units. of internal audit activities.
7. Reviewed and evaluated the report on the
Audit Committee Work Program and realization of the implementation of Internal
Implementation of Duties in 2025 Control over Financial Reporting (ICoFR) to
The Audit Committee held 22 (twenty-two) ensure the adequacy and effectiveness of
meetings as listed in the Audit Committee Meeting internal controls in the financial reporting
register and carried out its duties, which included process.
the following: 8. Conducted monthly performance evaluations.
1. Reviewed the implementation of audits 9. Approved the Bank Business Plan (RBB) and its
conducted by both internal and external revisions.
auditors and oversaw the follow-up actions 10. Conducted visits to Area Offices/Branches to
taken by the Board of Directors on the auditors’ accompany the Board of Commissioners in
findings. carrying out its supervisory function, as well as
observing and monitoring activities at the Area
Offices/Branches and receiving inputs.
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REMUNERATION AND NOMINATION
COMMITTEE
Purpose of Establishment 2. The Remuneration and Nomination Committee
The Remuneration and Nomination Committee consists of at least 2 (two) Independent
is established by and accountable to the Board Commissioners, 1 (one) Commissioner as a
of Commissioners to support the oversight voting member, as well as a Human Capital
function and provide recommendations on the official of PT Bank Mandiri and the Head of the
Company’s remuneration policies and nomination Human Capital Division serving as Committee
processes, in accordance with applicable laws and Secretary and non-voting member.
regulations. 3. The Committee is chaired by an Independent
Commissioner.
Legal Basis for Establishment 4. Members of the Board of Directors are
The Company’s Remuneration and Nomination prohibited from serving as Committee
Committee is established in compliance with: members.
•• OJK No. 17 of 2023 on Governance Practices for 5. The majority of Commissioners serving
Commercial Banks; as members of the Remuneration and
•• OJK Regulation No. 59/POJK.03/2017 dated Nomination Committee must be Independent
December 18, 2017 on Governance in the Commissioners.
Provision of Remuneration for Sharia 6. The Chairman of the Committee may
Commercial Banks and Sharia Business Unit; concurrently serve as Chairman of no more
•• OJK Regulation No. 34/POJK.04/2014 dated than 1 (one) other committee.
December 8, 2014 on the Nomination and 7. Where necessary, the Remuneration and
Remuneration Committee of Issuers or Public Nomination Committee may appoint members
Companies; from external parties who are independent of
•• SEOJK No. 14/SEOJK.03/2025 on Governance PT Bank Syariah Indonesia Tbk.
Practices for Commercial Banks. 8. The appointment of Committee members is
•• The Articles of Association of PT Bank Syariah determined by the Board of Directors based on
Indonesia Tbk; the resolution of the Board of Commissioners’
•• Relevant laws and regulations.. meeting.
Committee Membership Membership Structure
1. Members of the Remuneration and Nomination The Remuneration and Nomination Committee
Committee must at least meet the following of PT Bank Syariah Indonesia Tbk was appointed
qualifications: pursuant to the Board of Directors’ Decree No.
a. Acquire high integrity, objectivity, and KEP:05/441-KEP/DIR on the Amendment of the
ethical standards. Membership of the Remuneration and Nomination
b. Acquire strong competencies, including at Committee of PT Bank Syariah Indonesia (Persero)
a minimum: Tbk, effective 19 June 2025, as follows:
i. Have adequate knowledge including
prevailing rules and regulations and
legislation;
ii. A comprehensive understanding
of human capital management
concepts and knowledge of the Bank’s
remuneration and/or nomination system
and succession planning.
c. Be able to act independently by performing
duties professionally without conflicts of
interest or undue influence/pressure from
any parties that are inconsistent with
applicable laws and regulations and sound
corporate principles.
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REMUNERATION AND NOMINATION COMMITTEE
Remuneration and Nomination Committee Composition as of 31 December 2025
Name Position in the Committee Position in the Company Period
Chairman concurrently a
Felicitas Tallulembang Independent Commissioner 2024 - 2027
Member
Muhadjir Effendy Member President Commissioner 2025 - 2028
Nizar Ahmad Saputra Member Independent Commissioner 2025 - 2028
Muhammad Syafii Antonio* Member Independent Commissioner 2025 - 2028
Addin Jauharudin* Member Independent Commissioner 2025 - 2028
Kamaruddin Amin Member Commissioner 2025 - 2028
Group Head in charge of
Secretary and Non-
Teszy Mira Ekakusma Human Capital Strategy & 2024 - 2027
Member Voting
Policy Group
*) effective upon obtaining approval from OJK on fit and proper test
Remuneration and Nomination Committee Tenure
The term of office of Remuneration and Nomination Committee members originating from the Board
of Commissioners shall not exceed the term of the Board of Commissioners as stipulated in the Articles
of Association, and they may be reappointed for 1 (one) subsequent term. Meanwhile, Remuneration
and Nomination Committee members originating from Non-Commissioner members may serve for a
maximum term of 3 (three) years and may be reappointed for up to 2 (two) additional years, without
prejudice to the Board of Commissioners’ authority to dismiss them at any time.
Remuneration and Nomination Committee Profile
The profile of the Remuneration and Nomination Committee members as members of the Board of
Commissioners is presented in Chapter 3 Profile of the Board of Commissioners in this Annual Report. The
following are profile of the Remuneration and Nomination Committee members as non-Commissioner.
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REMUNERATION AND NOMINATION COMMITTEE
TESZY MIRA EKAKUSMA
Secretary and Non-Member Voting
Remuneration and Nomination Committee
Indonesian Citizens
Born in Jakarta, in 1979.
46 Years Old as of December 2025
Domiciled in Jakarta, Indonesia
Educational Background •• PS HCBP, Micro & Retail Banking PT Bank
•• Bachelor of Psychology, Padjadjaran University, Mandiri (Persero) Tbk (2007-2012)
Bandung (2002) •• Cash Outlet Manager, Banjarmasin Pelindo
•• Master of Psychology, University of Indonesia Trisakti, PT Bank Mandiri (Persero) Tbk (2007)
(2024) •• Business Development Officer, Regional IX
•• Banjarmasin, PT Bank Mandiri (Persero) Tbk
Certification (2006-2007)
Risk Management Level 4 •• Temporary Assignment Officer, PT Bank
Mandiri (Persero) Tbk (2006)
Work Experience •• Officer Development Program, PT Bank
•• Human Capital Strategy & Policy Group Head, Mandiri (Persero) Tbk (2004-2006)
PT Bank Syariah Indonesia Tbk (2024)
•• Human Capital Services Group Head, PT Bank Period and Term of Office
Syariah Indonesia Tbk (2023-2024) In accordance with his tenure as Head of the
•• Human Capital Strategy & Policy Group Head, Human Capital Strategy & Policy Group
PT Bank Syariah Indonesia Tbk (2022-2023)
•• DH Talent Analytics, PT Bank Mandiri (Persero) Concurrent Positions
Tbk (2019-2022) None
•• HCBP Head Retail Banking, PT Bank Mandiri
(Persero) Tbk (2016-2019)
•• HCBP Head Consumer Banking, PT Bank
Mandiri (Persero) Tbk (2015-2016)
•• HCBP Head Transaction Banking, PT Bank
Mandiri (Persero) Tbk (2014-2015)
•• SR PS HCBP Micro & Retail Banking, PT Bank
Mandiri (Persero) Tbk (2012-2014)
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REMUNERATION AND NOMINATION COMMITTEE
Remuneration and Nomination Committee b. Assisting the Board of Commissioners in
Charter assessing the performance of members
The Company’s Remuneration and Nomination of the Board of Directors, members of the
Committee has established a Remuneration and Board of Commissioners, and/or members
Nomination Committee Charter issued through of the Sharia Supervisory Board based on
the Joint Decree (SKB) of the Board of Directors benchmarks that have been prepared as
and the Board of Commissioners of BSI No. evaluation material.
01/001-SKB/Dirkom dated February 1, 2021 on the c. Providing recommendations to the Board
Establishment of the Guidelines and Rules of of Commissioners regarding capacity
Procedure of the Remuneration and Nomination development programs for members of the
Committee of PT Bank Syariah Indonesia Tbk. The Board of Directors, members of the Board
Charter serves as a reference for the Committee of Commissioners, and/or members of the
in carrying out its duties and responsibilities Sharia Supervisory Board.
in a transparent, competent, objective, and d. Providing proposals for candidates who
independent manner, ensuring accountability meet the requirements as members of the
and acceptance by all stakeholders. Board of Directors, members of the Board
of Commissioners, and/or members of the
The Remuneration and Nomination Committee Sharia Supervisory Board, to the Board of
Charter regulates, among others, the following Commissioners to be submitted to the GMS.
matters: Background, Purpose and Objectives, e. Providing recommendations to the Board
Scope, Legal Basis, Organization, Code of of Commissioners regarding Independent
Ethics, Duties, Authorities, Obligations and Parties who are prospective members of
Responsibilities, Working Time/Attendance, the Audit Committee and Risk Monitoring
Division of Work, Meetings and Decision- Committee.
Making, Reporting, Remuneration, Knowledge f. Developing capability development
Enhancement, Correspondence, Official Travel, programs for members of the Board of
Leave, and Work Programs. Directors, members of the Board of
Commissioners, and/or members of the
Remuneration and Nomination Committee Sharia Supervisory Board.
Duties and Responsibilities 3. Developing concepts and analysis related to the
The Committee is tasked and responsible for function of the Remuneration and Nomination
carrying out the following matters: Committee.
4. Assisting the Board of Commissioners in
1. Related to the remuneration function: determining general Human Resources
a. Providing recommendations to the Board policies.
of Commissioners regarding remuneration 5. Assisting the Board of Commissioners in
structure, remuneration policy and obtaining and analyzing data on prospective
remuneration amount. Board of Directors from the talent pool of
b. Assisting the Board of Commissioners in officials one level below the Directors.
carrying out performance assessments in 6. Assisting the Board of Commissioners in
accordance with the remuneration received providing recommendations regarding
by each member of the Board of Directors, options to the Board of Commissioners,
members of the Board of Commissioners, Board of Directors, Sharia Supervisory Board
and/or members of the Sharia Supervisory and Employees, including stock options and
Board. monitoring their implementation.
2. Related to the nomination function: 7. Have a data base and talent pool for prospective
a. Providing recommendations to the Board of members of the Board of Commissioners,
Commissioners regarding: Board of Directors and Sharia Supervisory
•• Composition of positions of members Board.
of the Board of Directors, members of
the Board of Commissioners, and/ or Remuneration and Nomination Committee
members of the Sharia Supervisory Authorities
Board. 1. Requesting PT Bank Syariah Indonesia Tbk. to
•• Policies and criteria required in the conduct surveys according to the needs of the
Nomination process. Remuneration and Nomination Committee.
•• Performance for evaluation policy 2. Requesting necessary information from
members of the Board of Directors, various parties both internal and external to PT
members of the Board of Commissioners, Bank Syariah Indonesia Tbk.
and/or members of the Sharia
Supervisory Board.
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REMUNERATION AND NOMINATION COMMITTEE
Remuneration and Nomination Committee Education Qualifications and Professional Experience
The qualifications and professional experience of the Chairman and Members of the Remuneration and
Nomination Committee are as follows.
Remuneration and Nomination Committee Educational Qualifications and Professional Experience
Name Position Education Professional Experience
Felicitas Professional background in the
Chairman Bachelor of Medicine
Tallulembang health sector
1. Bachelor’s Degree of Tarbiyah
Professional background in
2. Bachelor of Social Education
banking, ministry, higher
Muhadjir Effendy Member 3. Master’s Program in Public
education, and corporate
Administration
oversight
4. Doctoral Program, Social Sciences
1. Bachelor’s Degree of Islamic Studies Professional background
Nizar Ahmad
Member 2. Master’s Degree in Communication in banking, and corporate
Saputra
Studies oversight
1. Bachelor of Arts in Islamic Studies and
Professional background
Mohammad Syafii Economics and Statistics
Member in banking, and corporate
Antonio* 2. Master of Economics
oversight
3. Doctoral of Micro Finance
1. Bachelor’s Degree of Al-Ahwal Al-
Syakhshiyyah
Professional background
2. Master of Management Program
Addin Jauharudin* Member in banking, and corporate
3. Doctoral Degree from Universitas
oversight
Brawijaya Malang, Strategic
Management Concentration
Professional background in
1. Bachelor Degree
banking, ministry, higher
Kamaruddin Amin Member 2. Master Degree
education, and corporate
3. Doctoral Degree
oversight
Secretary and
Teszy Mira 1. Bachelor of Psychology Professional background in
Non-Voting
Ekakusma 2. Master of Psychology banking
Member
*) effective upon obtaining approval from OJK on fit and proper test
Remuneration and Nomination Committee Independence
In line with the Remuneration and Nomination Committee Charter, the Committee performs its duties
and responsibilities in a professional and independent manner to support the Board of Commissioners
in evaluating and overseeing the nomination process, the determination of remuneration, and the
implementation of GCG in accordance with applicable provisions. Committee members are independent
parties with no financial, management, shareholding, and/or family relationships with the Board of
Commissioners, the Board of Directors, and/or controlling shareholders, and have no relationships with
the Bank that could affect their independence and objectivity, thereby ensuring that oversight and
evaluation functions are carried out free from conflicts of interest.
The independence qualifications of Risk Monitoring Committee members must meet the following
criteria:
Independence Felicitas Muhadjir Nizar Ahmad Muhammad Addin Kamaruddin Teszy Mira
Aspect Tallulembang Effendy Saputra Syafii Antonio* Jauharudin* Amin Ekakusma
Has no financial
relationship with the
Board of Commissioners √ √ √ √ √ √ √
and Directors
Has no management
relationships in the
√ √ √ √ √ √ √
company, subsidiaries or
affiliated companies
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
REMUNERATION AND NOMINATION COMMITTEE
Independence Felicitas Muhadjir Nizar Ahmad Muhammad Addin Kamaruddin Teszy Mira
Aspect Tallulembang Effendy Saputra Syafii Antonio* Jauharudin* Amin Ekakusma
Has no share ownership
relationship in the √ √ √ √ √ √ √
company
Has no family relationship
with the Board of
Commissioners, Board
of Directors, and/or √ √ √ √ √ √ √
fellow members of the
Remuneration and
Nomination Committee
Not serving as a political
party administrator, official √ √ √ √ √ √ √
or government official
*) effective upon obtaining approval from OJK on fit and proper test
Training and/or Competency Development of the Remuneration and Nomination Committee
Training and/or competency development of Remuneration and Nomination Committee members who
are members of the Board of Commissioners is presented in the Board of Commissioners subsection
of this Annual Report. The following is a summary of the training and/or competency development
undertaken in 2025 by Remuneration and Nomination Committee members who serve as non-members
of the Board of Commissioners.
Name Position Types of Training and Competency Development Materials
•• Risk Management Refreshment Level 4, October 31, 2025
•• Top Executive Learning Program (TELP) Series 3, October 14, 2025
•• Essential Series Fiqh Muamalah, August 26, 2025
•• Essential Series APUPPT & PPSPM, July 21, 2025
•• Essential Series AI Literacy, July 21, 2025
Teszy Mira Secretary and Non-
•• Essential Series Data Driven Analyzing, July 21, 2025
Ekakusma Voting Member
•• Essential Series Risk Management, July 21, 2025
•• BSI People Code, June 16, 2025
•• Essential Series Basic IT Security, March 3, 2025
•• Essential Series Basic Data Protection, March 3, 2025
•• ESG Refreshment, February 27, 2025
REMUNERATION AND NOMINATION COMMITTEE MEETINGS
Remuneration and Nomination Committee Meeting Policies
1. Meetings are attended by all members and, where necessary, may be attended only by members with
voting rights.
2. Meetings may only be held if attended by at least 51% of the total members, including one Independent
Commissioner as Chair of the Committee and a Human Capital official.
3. Remuneration and Nomination Committee meetings are convened as required and based on
assignments from the Board of Commissioners, and at least once every 4 (four) months.
4. Meetings are chaired by the Chairman of the Committee or by a member appointed by the attending
members if the Chairman is unable to attend.
5. Meeting decisions are made through deliberation to reach consensus. If consensus cannot be reached,
decisions are made by majority vote.
6. Meeting results or decisions must be documented in minutes of meeting signed by all attending
members, properly archived, and submitted in writing to the Board of Commissioners.
7. Any dissenting opinions arising in meetings must be clearly stated in the minutes of meeting, along
with the reasons for such dissent.
8. The Committee must submit reports to the Board of Commissioners for each assignment given and/
or for any matters identified that require the attention of the Board of Commissioners, or at least 2
(two) times within 1 (one) year.
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REMUNERATION AND NOMINATION COMMITTEE
Remuneration and Nomination Committee Meeting Agenda
No. Date Meeting Agenda Quorum
Proposed Remuneration for the Board of Commissioners, Board of
1. March 21, 2025 100%
Directors, and Sharia Supervisory Board in 2025
2. May 16, 2025 Changes in Management 100%
3. May 19, 2025 Changes in Management 100%
4. December 4, 2025 Human Resources Policy Discussion 100%
Meeting Attendance of Remuneration and Nomination Committee
Remuneration and Nomination Committee
Meeting
Name Position Total and Percentage of Attendance
Total Total
Percentage
Meetings Attendance
Komaruddin Hidayat Chairman concurrently Member 2 2 100%
Muliaman D. Hadad Member 2 2 100%
Adiwarman A. Karim Member 2 2 100%
Mohamad Nasir Member 2 2 100%
Masduki Baldlowi Member 2 2 100%
Felicitas Tallulembang Chairman concurrently Member 4 4 100%
Muhadjir Effendy Member 0 0 -
Nizar Ahmad Saputra Member 0 0 -
Muhammad Syafii Antonio* Member 0 0 -
Addin Jauharudin* Member 0 0 -
Kamaruddin Amin Member 0 0 -
Teszy Mira Ekakusuma Secretary 4 4 100%
*) effective upon obtaining approval from OJK on fit and proper test
Performance Assessment Mechanism and KPI Achievement
The performance of BSI’s Remuneration and Nomination Committee is evaluated periodically by the
Board of Commissioners to assess the effectiveness of its duties and responsibilities. The evaluation
considers the realization of the Committee’s Work Plan, the quality of recommendations provided, and
the effectiveness of coordination and communication with the Board of Commissioners, the Board of
Directors, and relevant work units.
Throughout 2025, the Remuneration and Nomination Committee successfully implemented all
programs set out in the 2025 Work Plan. KPI achievement was reflected in relevant and constructive
recommendations that supported the Board of Commissioners’ strategic decision-making, particularly
in relation to remuneration and nomination policies. The evaluation results indicate that the Committee
functioned effectively and contributed to strengthening BSI’s governance and sustainable performance.
Work Program and Implementation of Duties of the Remuneration and Nomination Committee In
2025
Throughout 2025, the Remuneration and Nomination Committee carried out its duties and responsibilities
well. The Remuneration and Nomination Committee has held 4 (four) meetings and carried out its duties,
including:
1. Proposed Management Remuneration and 2023 Performance Bonus;
2. Proposed Candidates for the Sharia Supervisory Board (DPS) of BSI in 2024;
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REMUNERATION AND NOMINATION COMMITTEE
3. Recommendations for Candidates for Company requirements of integrity, competence, and
Management. financial reputation.
4. Discussion on Human Capital Policy •• Integrity requirements for prospective
members of the Board of Commissioners and
Remuneration of Members of the Remuneration prospective members of the Board of Directors
and Nomination Committee include:
The honorarium for members of the Remuneration 1). have good morals and ethics, among others
and Nomination Committee originating from demonstrated by an attitude of complying
the Board of Commissioners forms part of the with applicable provisions, including never
honorarium of the Board of Commissioners as a having been convicted of committing a
whole, and therefore no separate honorarium is Certain Criminal Act within the last 20
provided. (twenty) years before being nominated;
2). have a commitment to comply with
applicable laws and regulations;
BOARD OF DIRECTORS SUCCESSION 3). have a commitment to developing sound
POLICY Bank operations;
4). are not listed in the DTL (Disqualified List);
Basic Principles and
1. Requirements for the Board of Directors, Board 5). have a commitment not to commit and/or
of Commissioners, and Sharia Supervisory repeat the acts and/or actions as referred
Board. to, for prospective members of the Board of
2. Candidates for members of the Board of Commissioners or prospective members of
Directors, Board of Commissioners, and Sharia the Board of Directors who have previously
Supervisory Board must meet the applicable had a predicate of Disqualified in the
statutory requirements such as the Limited fit and proper test and have undergone
Liability Company Law, the Sharia Banking Law sanctions as referred to in PBI No. 14/6/
and the Capital Market Law as well as other PBl/2012 concerning the Fit and Proper Test
provisions. for Sharia Banks and Sharia Business Units,
3. Nomination and Submission of Candidates for Article 36 paragraph (1), Article 38 letter b,
Directors, Board of Commissioners and Sharia Article 41 paragraph (4) letter a and Article
Supervisory Board Candidates for members of 41 paragraph (5).
the Board of Directors, Board of Commissioners •• Competency requirements, including:
and Sharia Supervisory Board are submitted 1). for prospective members of the Board of
through a selection process by taking into Commissioners including, among others:
account the requirements above. - have sufficient knowledge,
understanding and/ or experience in the
Selection Procedure field of sharia banking operations;
a. The Remuneration and Nomination Committee - have the willingness and ability to
identifies candidates who meet the criteria. supervise the Bank’s business activities
b. The Board of Commissioners submits, based to comply with the principle of prudence
on the recommendations of the Remuneration and Sharia Principles in the field of sharia
and Nomination Committee, proposals for banking; and
candidates for the Board of Directors, Board of - have knowledge and understanding in
Commissioners and Sharia Supervisory Board the application of risk management.
to the GMS. 2). for prospective members of the Board of
c. The selection is carried out before the end of Directors including, among others:
the term of office or requested by the Board of - have sufficient knowledge and
Commissioners or if there is a vacant position. understanding in the field of Islamic
banking operations;
Requirements and Criteria - have experience and expertise in the field
The requirements and criteria for prospective of banking operations, Islamic banking,
members of the Board of Directors, Board of finance or Islamic finance; Fulfillment of
Commissioners, and Sharia Supervisory Board as experience and expertise requirements
stipulated in the Company’s Articles of Association for prospective Directors, also includes
and other applicable provisions, are as follows:: fulfillment of the requirement that the
majority of members of the Board of
•• Board of Commissioners and Directors Directors must have at least 4 (four) years
•• Prospective members of the Board of of experience with the lowest position
Commissioners and prospective members as an Executive Officer in the banking
of the Board of Directors must meet the industry and at least 1 (one) year of which
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REMUNERATION AND NOMINATION COMMITTEE
has served at least as an Executive Officer 7). proven to have refused to provide
at a BUS and/or UUS. have the ability to commitments and/or not fulfill
carry out strategic management within commitments that have been agreed upon
the framework of developing a sound with Bank Indonesia, the Financial Services
and resilient Bank; and Authority, and/or the Government; or
- have knowledge, understanding 8). not carrying out acts or actions that are his/
and ability in implementing risk her duties and responsibilities resulting in
management.. violations or actions as referred to in points
•• Financial reputation requirements for (1), (3) and/or (4) above.
prospective members of the Board of •• Sharia Supervisory Board
Commissioners and prospective members of Prospective members of the Sharia Supervisory
the Board of Directors, include: Board must meet the following requirements:
1). have no bad loan/financing; and 1). integrity, which at least includes:
2). have never been declared bankrupt or been - have good morals and ethics;
a Director or Commissioner who was found - have a commitment to comply with
guilty of causing a company to be declared Islamic banking regulations and other
bankrupt, within the last 5 (five) years before applicable laws and regulations;
being nominated. - have a commitment to developing a
•• Candidates for members of the Board of sound and resilient Bank (sustainable)’,
Commissioners and candidates for members and
of the Board of Directors do not have any - are not included in the List of Failed as
indication of integrity, competence and/ or stipulated in the provisions regarding the
financial reputation problems which include: fit and proper test set by Bank Indonesia
1). actions both directly and indirectly in the and/or the Financial Services Authority.
form of: Competence, which at least has
- hiding and/or obscuring violations of a knowledge and experience in the field
provision or financial condition and/or of Islamic mu’amaIah and knowledge
actual transactions; in the field of banking and/or finance in
- providing unfair benefits to Shareholders, general; and
members of the Board of Commissioners, 2). Financial reputation, which at least includes:
members of the Board of Directors, the - not included in the bad loan/financing
Sharia Supervisory Board, Executive fund; and
Officers, employees, and/or other parties - never declared bankrupt or become
that may harm or reduce the profits of a shareholder, member of the Board
the Sharia Bank; of Commissioners, or member of the
- violating the principle of prudence in Board of Directors who is found guilty
banking and the principles of sound of causing a company to be declared
banking; and/or bankrupt, within the last 5 (five) years
- violating Sharia Principles in the field of before being nominated,
sharia banking; •• Member of the Audit Committee and Risk
2). proven to have committed Certain Criminal Monitoring Committee.
Acts that have been decided by the court 1). In providing recommendations regarding
and have permanent legal force; proven to Independent Parties who will become
have caused the Islamic Bank to experience members of the Audit Committee and/or
difficulties that endanger the continuity of Risk Monitoring Committee, the Committee
its business or may endanger the banking must pay attention to the Bank’s vision and
industry; mission, the principles of Good Corporate
3). proven to have not carried out the orders Governance and the provisions of applicable
of Bank Indonesia and/or the Financial laws and regulations.
Services Authority to carry out and/or not 2). The Committee submits recommendations
carry out certain actions; regarding candidate members of the Board
4). proven to have bad loan/financing; of Directors, Sharia Supervisory Board, and
5). proven to have been declared bankrupt Board of Commissioners to the Board of
and/or to be a member of the Board of Commissioners in writing to be submitted
Commissioners or a member of the Board to the GMS no later than 1 (one) week before
of Directors who was found guilty of causing the GMS is held.
a company to be declared bankrupt;
6). unable to carry out strategic management
in the context of developing a sound Islamic
Bank;
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RISK MONITORING COMMITTEE
Purpose of Establishment 6. Each Committee member has one equal voting
The Risk Monitoring Committee is established right.
to assist the Board of Commissioners in carrying 7. Employees of PT Bank Syariah Indonesia Tbk
out its oversight function, particularly in matters may serve as Committee members without
related to the formulation, implementation, and voting rights (non-voting members).
evaluation of the Company’s risk management 8. Committee members are appointed and
policies, to ensure effective risk management in dismissed by the Board of Commissioners.
accordance with applicable regulations. 9. The term of Committee membership
corresponds to the term of the Board of
Legal Basis for Establishment Commissioners; however, the Board of
The Company’s Risk Monitoring Committee is Commissioners may dismiss members at any
established in compliance with: time if justified reasons exist.
•• SEOJK No. 14/SEOJK.03/2025 on Governance 10. If the Chairman of the Committee ceases
Practices for Commercial Banks. to serve before the end of their term as a
•• OJK No. Regulation 17 of 2023 on Governance Commissioner of the Company, the Chairman
Practices for Commercial Banks; shall be replaced by another Independent
•• The Articles of Association of PT Bank Syariah Commissioner.
Indonesia Tbk. 11. One of the Committee members may be
•• Relevant Laws and Regulations. appointed as Executive Secretary.
12. Committee members originating from external
Membership Structure and Criteria parties must meet the following requirements:
1. The Committee shall consist of at least 3 (three) a. Have no business relationship with the
members. Bank.
2. The Committee shall at least comprise 1 b. Have no family relationship with
(one) Independent Commissioner serving as members of the Board of Directors, Board
Chairman and member, 1 (one) Independent of Commissioners, or the controlling
Party with expertise in Sharia banking, and 1 shareholders.
(one) Independent Party with expertise in risk c. Acquire high integrity, adequate capability,
management. knowledge, and experience in their
3. An Independent Party member of the respective fields, and have an understanding
Committee is deemed to have expertise in of banking.
Sharia banking if the following criteria are met:
a. Acquires knowledge in economics, finance, Committee Composition
and/or Sharia banking; and The composition of the Risk Monitoring Committee
b. Has at least 5 (five) years of work experience of PT Bank Syariah Indonesia Tbk was appointed
in economics, finance, and/or Sharia pursuant to the Board of Directors’ Decree No.
banking. 05/835-KEP/DIR on the Amendment of the
4. An Independent Party member of the Membership of the Risk Monitoring Committee
Committee is deemed to have expertise in risk of PT Bank Syariah Indonesia Tbk, effective 29
management if the following criteria are met: December 2025, as follows::
a. Acquires knowledge in risk management;
and/or
b. Has at least 2 (two) years of work experience
in risk management.
5. Former members of the Board of Directors,
Executive Officers of the Bank, or parties
having relationships with the Bank that may
affect their ability to act independently may
not serve as Independent Parties as members
of the Committee of PT Bank Syariah Indonesia
Tbk before completing a cooling-off period
as stipulated in applicable Bank Indonesia
regulations.
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RISK MONITORING COMMITTEE
Risk Monitoring Committee Composition as of 31 December 2025
Name Position in the Committee Position in the Company Period
Nizar Ahmad Saputra Member Independent Commissioner 2025 - 2028
Muhadjir Effendy Member President Commissioner 2025 - 2028
Chairman concurrently a
Felicitas Tallulembang Independent Commissioner 2024 - 2027
Member
Mochamad Agus Rofiudin Member Commissioner 2025 - 2028
Muhammad Syafii Antonio* Member Independent Commissioner 2025 - 2028
Addin Jauharudin* Member Independent Commissioner 2025 - 2028
Meidy Ferdiansyah* Member Commissioner 2025 - 2028
Noor Anis Member Independent Party 2024 - 2027
Rahmatina Awaliah Kasri Member Independent Party 2025 - 2028
*) effective upon obtaining approval from OJK on fit and proper test
Risk Monitoring Committee Tenure
The term of office of Risk Monitoring Committee members originating from the Board of Commissioners
shall not exceed the term of the Board of Commissioners as stipulated in the Articles of Association,
and they may be reappointed for 1 (one) subsequent term. Meanwhile, Risk Monitoring Committee
members originating from Independent Non-Commissioner parties may serve for a maximum term of 3
(three) years and may be reappointed for up to 2 (two) additional years, without prejudice to the Board of
Commissioners’ authority to dismiss them at any time.
Risk Monitoring Committee Profile
The profile of the Risk Monitoring Committee members as members of the Board of Commissioners is
presented in Chapter 3 Profile of the Board of Commissioners in this Annual Report. The following are
profile of the Risk Monitoring Committee members as non-Commissioner Independent Parties.
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RISK MONITORING COMMITTEE
NOOR ANIS
Risk Monitoring Committee Member/
Independent Party
Indonesian Citizens
Born in Kudus, in 1964.
61 Years Old as of December 2025
Domicile at Depok, West Java, Indonesia
Educational Background Period and Term of Office
Bachelor of Mathematics-Statistics, Bandung February 6, 2024 – February 5, 2027
Institute of Technology (ITB) (1989)
Concurrent Positions
Certification -
•• Banking Risk Management Level VI – Sharia
Financial Professional Certification Institute
(LSPKS), 2024
•• Banking Risk Management Level IV – Sharia
Financial Professional Certification Institute
(LSPKS), 2022
•• Banking Risk Management Level IV – Banking
Professional Certification Institute (LSPP), 2018
•• Banking Risk Management Level II – Banker
Association for Risk Management (BARa), 2007
•• Banking Risk Management Level I – Banker
Association for Risk Management (BARa), 2006
Work Experience
•• Risk Monitoring Committee PT Bank Syariah
Indonesia Tbk (2024-present)
•• Program Development Manager PT Prastika
Praveena Bina Mandiri (2022-2023)
•• Group Head Strategy & Performance
Management Group PT Bank Syariah Mandiri
(2015-2021)
•• Department Head Decision Support Corporate
Banking PT Bank Mandiri (Persero) Tbk (2010-
2015)
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RISK MONITORING COMMITTEE
RAHMATINA AWALIAH KASRI
Risk Monitoring Committee Member/
Independent Party
Indonesian Citizens
Born in Padang, in 1980.
45 Years Old as of December 2025
Domicile at Depok, West Java, Indonesia
Educational Background Business, Faculty of Economics and Business –
•• Bachelor of Economics, Universitas Indonesia, Universitas Indonesia (2018–Present)
Indonesia (2002) •• Director, Islamic Economics Undergraduate
•• Postgraduate Diploma in International and Program, Faculty of Economics and Business –
Development Economics (2004) Universitas Indonesia (2015–2018)
•• Master of International and Development •• Senior Researcher, Center for Islamic Economics
Economics and Business, Faculty of Economics and
•• MBA, Islamic Banking and Finance Business – Universitas Indonesia (2008–Present)
•• Doctor of Philosophy, Islamic Economics •• Lecturer/Researcher, Faculty of Economics and
Banking and Finance, University of Durham, Business, Universitas Indonesia (2002–Present)
United Kingdom (2015)
Period and Term of Office
Certification Juni 19, 2025 – Juni 30, 2026
•• Certificate of Workplace Assessor-Financial
Sector Indonesian Professional Certification Concurrent Positions
Authority (Badan Nasional Sertifikasi Profesi or •• Senior Researcher, Center for Islamic Economics
BNSP) and Business, Faculty of Economics and
•• Certificate of Islamic Banking Risk Management- Business – Universitas Indonesia (2008–Present)
Level 1 Indonesian Professional Certification •• Lecturer/Researcher, Faculty of Economics and
Authority (Badan Nasional Sertifikasi Profesi or Business, Universitas Indonesia (2002–Present)
BNSP) •• Director, Center for Islamic Economics and
•• Certificate of Professional Lecturer-Islamic Business, Faculty of Economics and Business –
Economics Ministry of Research, Technology Universitas Indonesia (2018–Present)
and Higher of Indonesia
Work Experience
•• Head of Quality Management Unit, Sharia
Financial Professional Certification Institute
(LSP Keuangan Syariah) (2022–2023)
•• Director, Center for Islamic Economics and
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RISK MONITORING COMMITTEE
Risk Monitoring Committee Charter 2. Monitoring and reviewing at least:
The Risk Monitoring Committee has established a a. Risk Profile Reports.
Risk Monitoring Committee Charter pursuant to b. Risk-based Bank Soundness Level Reports.
the Board of Commissioners’ Decree of PT Bank c. Other reports related to the management
Syariah Indonesia Tbk No. 04/KEP-KOM/001/2024 of 10 (ten) types of risk, namely:
on the Guidelines and Rules of Procedure (Charter) •• Credit Risk
of the Risk Monitoring Committee of PT Bank •• Market Risk
Syariah Indonesia Tbk, dated July 1, 2024. This •• Operational Risk
Charter represents an update to the previous Risk •• Liquidity Risk
Monitoring Committee Charter. •• Legal Risk
•• Compliance Risk
The Risk Monitoring Committee Charter serves •• Reputational Risk
as a reference for the Committee in carrying out •• Strategic Risk
its duties and responsibilities in a transparent, •• Return Risk
competent, objective, and independent manner, •• Investment Risk
ensuring accountability and acceptance by all d. The Bank’s Financing Policy and other
stakeholders. policies required by the Regulator to be
submitted by the Board of Directors to the
The Risk Monitoring Committee Charter regulates Board of Commissioners.
a number of matters including: 3. Providing recommendations to the Board of
1. Background Commissioners at least on:
2. Risk Monitor a. Matters that support the enhancement
3. Definition, Vision and Mission, Responsibilities of the effectiveness of risk management
and Authorities implementation at the Bank.
4. Membership Structure b. The alignment between the Bank’s
5. Confidentiality risk management policies and their
6. Committee Member Rewards implementation to ensure that risks are
7. Committee Meetings managed adequately.
8. Changes c. The implementation of the work plan and
9. Closing duties of the Risk Management Committee
and the Risk Management Unit.
Risk Monitoring Committee Duties and 4. Holding periodic meetings with relevant work
Responsibilities units to discuss matters within the scope of its
Pursuant to the Risk Monitoring Committee oversight.
Charter, the following are duties and responsibilities 5. Reporting periodically on the results of
of the Risk Monitoring Committee: monitoring and review activities and providing
input on matters requiring the attention of the
1. Monitoring and evaluating at least: Board of Commissioners.
a. The alignment between risk management 6. Preparing the Guidelines and Rules of
policies and their implementation. Procedure of the Risk Monitoring Committee
b. The implementation of the work plan and and conducting periodic reviews at least once
duties of the Risk Management Committee every 3 (three) years.
and the Risk Management Unit.
c. The adequacy of risk identification, Duties and Responsibilities of the Chairman and
measurement, monitoring, control Members of the Risk Monitoring Committee
processes, and risk management The Chairman of the Risk Monitoring Committee
information systems. is responsible for coordinating all Committee
d. The Bank’s compliance with the Articles of activities to achieve the Committee’s objectives.
Association, regulations of the Banking and The Chairman and members of the Risk Monitoring
Capital Market Supervisory Authorities, and Committee are responsible for:
other laws and regulations related to risk
management.
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RISK MONITORING COMMITTEE
1. Determining the annual work plan. 2. Accessing records or information relating to
2. Preparing reports on the Committee’s activities employees, funds, assets, and other corporate
and matters requiring the attention of the resources relevant to the performance of its
Board of Commissioners. duties.
3. Appointing non-Commissioner Committee 3. Obtaining Risk Profile Reports, Bank Soundness
members or other third parties as Committee Level Reports, Risk Appetite Statements, and
Secretary to support Committee activities, other reports related to the implementation of
including Committee meetings and the the Bank’s risk management.
preparation of meeting minutes. 4. Obtaining input and/or advice from external
4. Attending meetings. parties related to its duties.
5. Actively participating and contributing to all 5. Exercising other authorities granted by the
Committee meeting activities. Board of Commissioners.
Risk Monitoring Committee Authorities Risk Monitoring Committee Education
1. Communicating with Heads of Units and other Qualifications and Professional Experience
parties within the Bank to obtain information, The qualifications and professional experience of
clarification, and to request necessary the Chairman and Members of the Risk Monitoring
documents and reports. Committee are as follows.
Risk Monitoring Committee Educational Qualifications and Professional Experience
Name Position Education Professional Experience
Nizar Ahmad Chairman •• Bachelor’s Degree of Islamic Studies Professional background
Saputra •• Master’s Degree in Communication Studies in banking, and corporate
oversight
Muhadjir Effendy Member •• Bachelor’s Degree of Tarbiyah Professional background in
•• Bachelor of Social Education banking, ministry, higher
•• Master’s Program in Public Administration education, and corporate
•• Doctoral Program, Social Sciences oversight
Felicitas Professional background in
Member Bachelor of Medicine
Tallulembang the health sector
Mochamad Agus Member •• Diploma III in Finance, Specialization in Professional background
Rofiudin Customs and Excise in banking, customs, and
•• Bachelor of Computer Science, Information corporate oversight
Management
•• Master of Management, Economics and
Business
Mohammad Syafii Member •• Bachelor of Arts in Islamic Studies and Professional background
Antonio* Economics and Statistics in banking, and corporate
•• Master of Economics oversight
•• Doctoral of Micro Finance
Addin Jauharudin* Member •• Bachelor’s Degree of Al-Ahwal Al-Syakhshiyyah Professional background
•• Master of Management Program in banking, and corporate
•• Doctoral Degree from Universitas Brawijaya oversight
Malang, Strategic Management Concentration
Meidy Ferdiansyah* Member •• Bachelor’s Degree of Economic Professional background in
•• Master of Science of Strategic Management banking, ministry, higher
education, and corporate
oversight
Professional background in
Noor Anis Member Bachelor of Mathematics-Statistics
banking
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RISK MONITORING COMMITTEE
Name Position Education Professional Experience
Rahmatina Awaliah Member •• Bachelor of Economics, Universitas Indonesia, Has work experience in the
Kasri Indonesia (2002) fields of sharia banking,
•• Postgraduate Diploma, Australian National sharia economics, and
University, International and Development corporate supervision.
Economics (2004)
•• Master, International and Development
Economics
•• Master of Business Administration in Islamic
Banking and Finance, International Islamic
University of Malaysia, Malaysia (2008)
•• Doctor of Philosophy in Islamic Economics
Banking and Finance, University of Durham,
United Kingdom (2015)
*) effective upon obtaining approval from OJK on fit and proper test
Independence of The Risk Monitoring Committee
The Risk Monitoring Committee performs its duties and responsibilities in a professional and independent
manner by providing objective and accountable opinions and recommendations, free from any influence
or pressure. Committee members are independent parties with no financial, management, shareholding,
and/or family relationships with the Board of Commissioners, the Board of Directors, and/or controlling
shareholders, and have no relationships with the Bank that could impair their independence and
objectivity, thereby ensuring risk oversight and evaluation are conducted free from conflicts of interest.
The independence qualifications of Risk Monitoring Committee members must meet the following
criteria:
Independent Commissioner
Independence
Aspect Nizar Mochamad Muhammad Rahmatina
Muhadjir Felicitas Addin Meidy Noor
Ahmad Agus Syafii Fauzi Awaliah
Effendy Tallulembang Jauharudin* Ferdiansyah* Anis
Saputra Rofiudin Antonio* Kasri
Has no financial
relationship with
the Board of √ √ √ √ √ √ √ √ √ √
Commissioners and
Directors
Has no
management
relationships in
the company, √ √ √ √ √ √ √ √ √ √
subsidiaries
Or affiliated
companies
Has no share
ownership
√ √ √ √ √ √ √ √ √ √
relationship in the
company
Has no family
relationship with
the Board of
Commissioners,
Board of Directors, √ √ √ √ √ √ √ √ √ √
and/or fellow
members of the
Risk Monitoring
Committee
Not serving as
a political party
administrator, √ √ √ √ √ √ √ √ √ √
official or
government official
*) effective upon obtaining approval from OJK on fit and proper test
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RISK MONITORING COMMITTEE
Training and/or Competency Development of the Risk Monitoring Committee
Training and/or competency development of Risk Monitoring Committee members who are members
of the Board of Commissioners is presented in the Board of Commissioners subsection of this Annual
Report. The following is a summary of the training and/or competency development undertaken in 2025
by Risk Monitoring Committee members who serve as Independent Parties non-members of the Board
of Commissioners.
Name Position Type of Training and Competency Development Material
•• Webinar - The Role of GRC in Enhancing Investor Confidence and Financial Sector
Stability - OJK Institute, 2025
•• Webinar - The Domino Effect of Trump’s Tariffs: Threat or Opportunity for Indonesia’s
Economy - OJK Institute, 2025
•• Training - Strengthening the Strategic Role of the Board of Commissioners: Ethics,
Governance, ESG, and Digitalization in the Modern Banking Era - Indonesian Banking
Association (IBI), Banking Competency Center (BCC), 2025
Noor Anis Member
•• Webinar - The Role of the Financial Services Industry in Supporting National Strategic
Projects: The Development of 3 Million Houses - OJK Institute, 2025
•• IAI-IKAI Joint Collaboration - Sustainability Reporting: Impact and Implementation of
PSPK 1 and 2 for Professionals - Indonesian Institute of Accountants, 2025
•• 2025 Risk Management Level 6 Refreshment - Developing the structure,
responsibilities, and procedures for managing bank risk (risk governance) - BSI
Corporate University
•• Risk Management Level 4 Refreshment, BSU University, Jakarta
Rahmatina
Member •• Preparation for Risk Management Certification Level 5, BSU University, Jakarta
Awaliah Kasri
RISK MONITORING COMMITTEE MEETING
Risk Monitoring Committee Meeting Policy
According to the Risk Monitoring Committee Charter issued through the Decree of the Board of
Commissioners of PT Bank Syariah Indonesia Tbk No.04/KEP-KOM/001/2024, the following are the policies
of the Risk Monitoring Committee Meetings:
1. The Risk Monitoring Committee holds regular meetings at least 1 (one) time in 1 (one) month.
2. The Risk Monitoring Committee meetings can only be held if attended by at least 51% (fifty-one percent)
of the committee members, including 1 (one) Independent Commissioner and 1 (one) Independent
Non-Commissioner.
3. Decisions of the Risk Monitoring Committee meetings are made by means of deliberation to reach a
consensus.
4. If no consensus is reached, the decision shall be made based on a majority vote.
5. The meeting is chaired by the Chairman of the Risk Monitoring Committee or a designated member
if the Chairman of the Risk Monitoring Committee is absent.
6. Each meeting of the Risk Monitoring Committee shall be recorded in the minutes, including any
dissenting opinions, signed by all members of the Committee present, and submitted to the Board of
Commissioners.
7. Meetings can be conducted either face-to-face or virtually via teleconferencing media or other media
facilities that allow all participants of the Committee Meeting to see and/or hear each other directly
and participate in the meeting.
Risk Monitoring Committee Meeting Agenda
Throughout 2025, the dates, agendas and participants of the Risk Monitoring Committee meetings were
as follows.
No. Date Agenda Quorum
1. February 6, 2025 Bank Soundness Rating II, 2024
93%
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK MONITORING COMMITTEE
No. Date Agenda Quorum
2. February 20, 2025 DymFK Compliance Implementation Report for 2024 (Director in 100%
charge of Compliance)
3.. February 20, 2025 2024 AML-CTF Report 100%
4. March 6, 2025 Organizational Structure Development Report, Including: 100%
a. Establishment of Work Units to anticipate Regulatory provisions
b. Organizational effectiveness in the Network
5. March 6, 2025 BSU 2025 Strategy and Work Program, Including: 100%
a. Performance Overview
b. Role in realizing the vision and mission related to Human Capital
development
6.. March 6, 2025 Retail Banking Performance & Strategy, Including:
a. Performance Overview
b. Strategic Issues
c. Strategies & Work Programs/Strategic Initiatives to achieve RBB
targets (product, people, process, etc.)
d. FAR Management Strategy
7. April 17, 2025 Market & Research Update: 100%
a. Update on the economic situation (Macro-Economic Indicators)
Global, Regional & National, Industry & Market, including Capital
Market updates
b. Update on Work Plans and OCE Progress
8. April 17, 2025 Wholesale Banking Performance and Strategy, Including: 100%
a. Performance Overview
b. Strategic Issues
c. Strategies and Work Programs/Strategic Initiatives to Achieve RBB
Targets (Product, People, Process, etc.)
d. FaR Management Strategy
9. April 24, 2025 Consumer Banking Performance and Strategy, Including: 100%
a. Performance Overview
b. Strategic Issus
c. Strategies and Work Programs/Strategic Initiatives to Achieve RBB
Targets (Product, People, Process, etc.)
d. FaR Handling Strategy
10. May 14, 2025 2024 Performance Evaluation & 2025 Work Program of the Risk 100%
Management Committee and Risk Management Unit.
11. May 26, 2025 Bullion Bank Performance & Strategy includes: 91%
a. Performance Overview (including ATM, EDC, QRIS)
b. Strategic Issues
c. Strategy and Work Program / Strategic Initiatives to achieve RBB
targets (Product People, Process, etc.)
d. Gold Purchasing Mechanism from BSI
12. July 10, 2025 Retail Banking Funding & Transaction Strategy 100%
13. August 8, 2025 Bank Soundness Rating for the First Semester of 2025 100%
14. August 21, 2025 DymFK Compliance Implementation Report First Semester 2025 100%
(Director in charge of Compliance)
15. August 21, 2025 AML CTF Report for Semester I of 2025 100%
16. August 28, 2025 NPF Financing Management, Financing Write-offs 100%
& High Risk Account Management
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RISK MONITORING COMMITTEE
No. Date Agenda Quorum
17. September 18, 2025 Treasury & International Banking: 100%
a. Performance Overview (Treasury, International & Financial
Institution, and Transactional Banking)
b. Strategic Issues
c. Strategies & Work Programs/Strategic Initiatives to achieve RBB
targets
d. Strategies for Developing and Managing Overseas Branches
18. September 25, 2025 RAKB/Sustainable Finance Action Plan (ESG) 100%
19. September 25, 2025 Progress Report on Human Resource Fulfillment and Development 100%
for Semester I 2025.
20. October 30, 2025 Update on Network Development Progress 100%
21. October 30, 2025 Performance and Strategy of the Bullion Bank: 100%
a. Performance Overview
b. Strategic Issues & Business Risks
c. Strategy and Work Programs / Strategic Initiatives to Achieve RBB
Targets (Product, People, Process, etc.)
22. October 30, 2025 Meeting on the Sustainable Finance Action Plan (RAKB) for 2026 100%
23. November 6, 2025 Update of the Recovery Plan 100%
24. November 27, 2025 Update on Marketing Communication Performance 100%
25. December 4, 2025 Update of Internal Provisions in Relation to New Regulations and 100%
Regulatory Updates in 2025
Risk Monitoring Committee Meeting
Attendance
Risk Monitoring Committee Meeting
Name Position Total and Percentage of Attendance
Total
Total Meetings Percentage
Attendance
Muliaman Dharmansyah Hadad Member 10 10 100%
Chairman concurrently
Adiwarman Karim 10 10 100%
member
Komaruddin Hidayat Member 10 9 90%
Muhammad Nasir Member 10 10 100%
Suyanto Member 10 10 100%
Masduki Baidlowi Member 10 10 100%
Fauzi Member 10 10 100%
Nazaruddin Member 10 10 100%
Abu Rokhmad Member 10 10 100%
Felicitas Tallulembang Member 25 25 100%
Muhadjir Effendi Member 15 15 100%
Chairman concurrently
Nizar Ahmad Saputra 15 15 100%
member
Addin Jauharuddin* Member 15 15 100%
Muhammad Syafii Antonio* Member 15 15 100%
Mohammad Agus Rofiudin Member 15 15 100%
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK MONITORING COMMITTEE
Risk Monitoring Committee Meeting
Name Position Total and Percentage of Attendance
Total
Total Meetings Percentage
Attendance
Kamaruddin Amin Member 15 15 100%
Meldy Ferdiansyah* Member 15 15 100%
Noor Anis Member 25 25 100%
Suharto Member 25 25 100%
Mahfud Solihin Member 14 14 100%
Rahmatina Awaliyah Katsir Member 25 24 96%
*) effective upon obtaining approval from OJK on fit and proper test
Performance Assessment Mechanism and KPI 1. Evaluated the alignment of risk management
Achievement policies with the implementation of the Bank’s
The performance of BSI’s Risk Monitoring policies;
Committee is evaluated periodically by the Board 2. Monitored and evaluated the implementation
of Commissioners to assess the effectiveness of of duties by the Risk Monitoring Committee
the Committee’s duties in supporting oversight. and Risk Management Business Unit;
The evaluation considers the realization of 3. Supervised and evaluated the results of the
the Committee’s Work Plan, the quality and Bank’s Soundness Level Report on a semesterly
effectiveness of recommendations, and the level basis;
of communication and coordination with the 4. Supervised and evaluated the results of
Board of Commissioners, the Board of Directors, Compliance Implementation Reports, which
and relevant work units. included:
a. Report on the Implementation of Duties &
Throughout 2025, BSI’s Risk Monitoring Committee Responsibilities of the Director in charge of
successfully implemented all programs set out in Compliance Function/Compliance Report,
the 2025 Work Plan. KPI achievement was reflected b. Report on Integrated Compliance &
in relevant, value-adding recommendations that Integrated Governance,
strengthened risk governance and supported c. Report on AML-CTF;
the Board of Commissioners’ strategic decision- 5. Supervised and evaluated the strategy of
making on risk management initiatives proposed Human Resource Development
by the Board of Directors. Consistent and 6. Supervised report on Recovery & Resolution
constructive communication ensured timely and Plan
effective follow-up, supporting BSI’s resilience and 7. Oversaw risks related to proposed corporate
sustainability. actions or other actions, such as proposals for
Thresholds (limits of the Board of Directors’
Risk Monitoring Committee’s Work Program authority requiring approval from the Board of
and Implementation of Duties In 2025 Commissioners).
Throughout 2025, the Risk Monitoring Committee 8. Conducted monthly performance evaluations.
performed its duties and responsibilities effectively. 9. Approved the Bank Business Plan (RBB) and its
The Risk Monitoring Committee held 25 (twenty revisions.
five) meetings and carried out its duties, which 10. Conducted visits to Area Offices/Branches to
included, among others: accompany the Board of Commissioners in
carrying out its supervisory function, as well as
observing and monitoring activities at the Area
Offices/Branches and receiving inputs.
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SHARIA GOVERNANCE
IMPLEMENTATION REPORT AND
SHARIA GOVERNANCE ASSESSMENT
SHARIA GOVERNANCE Board (DPS) plays a critical role in ensuring that
IMPLEMENTATION REPORT all Bank activities consistently adhere to Sharia
Principles. The DPS carries out independent
BSI implements Sharia Governance consistently in oversight, advisory, and Sharia opinion functions
accordance with Sharia Principles, in compliance to strengthen Sharia compliance and safeguard
with applicable regulatory provisions, including the integrity of the Bank’s operations.
POJK No. 2 of 2024 on the Implementation of Sharia
Governance for Sharia Commercial Banks and Part Two: Self-Assessment by the Bank on the
Sharia Business Units, along with its implementing Implementation of Sharia Governance
regulation, SEOJK No. 15/SEOJK.03/2024. This Article 43
implementation is further aligned with SEOJK a. The Bank is required to conduct a self-
No. 14/SEOJK.03/2025 on the Implementation of assessment of the implementation of Sharia
Governance for Commercial Banks and Law No. 40 Governance at least 2 (two) times within 1 (one)
of 2007 on Limited Liability Companies. year.
b. The results of the Bank’s self-assessment of
the implementation of Sharia Governance
SHARIA GOVERNANCE COMPLIANCE as referred to in paragraph (1) constitute an
integral part of the governance implementation
All members of the Board of Directors and the report in accordance with the Financial
Board of Commissioners are responsible for the Services Authority Regulation concerning the
development and management of BSI’s Sharia- implementation of governance for commercial
based business activities. To ensure adherence banks.
to Sharia Principles, the Bank appoints a Head c. Provisions regarding the self-assessment of
of Compliance Function overseeing Sharia the implementation of Sharia Governance as
Business Compliance, who is responsible for referred to in paragraph (1) shall be determined
managing and ensuring that all Sharia-related by the Financial Services Authority.
activities are conducted in accordance with
applicable regulations. The Directors overseeing
Sharia compliance, Sharia risk management, SHARIA GOVERNANCE SELF-
and Sharia internal audit are accountable for the ASSESSMENT
effectiveness of these functions and maintain
ongoing coordination with the Sharia Supervisory As a Sharia Commercial Bank, BSI conducts
Board. periodic Sharia Governance Self-Assessments
as part of its prudential practices and efforts to
In practice, the Sharia Compliance function strengthen Sharia governance. Up to December
ensures that all Bank products and services, 2025, BSI carried out one Sharia Governance Self-
including their operational guidelines, comply Assessment, referring to OJK Regulation No. 2 of
with the Fatwas of the National Sharia Council 2024 on the Implementation of Sharia Governance
(DSN) and the opinions of the DPS. This function for Sharia Commercial Banks and Sharia Business
also provides assistance in the development of Units, along with its implementing regulations.
new products and activities, major financing
transactions under the authority of the Board of Based on the results of the second-semester 2025
Directors, and the review of proposed policies and self-assessment, the implementation of Sharia
Board decisions to ensure alignment with Sharia Governance at BSI was rated Rank 2 (Good),
Principles. Compliance assurance is conducted with no significant weaknesses identified. This
through both ex-ante and ex-post processes, outcome reflects the active role of the Board of
including collaboration with the Internal Audit Unit Directors and the Sharia Supervisory Board (DPS)
(SKAI) and periodic sampling reviews at branch in ensuring compliance with Sharia Principles
offices to ensure consistent implementation of across all business activities, as well as the strong
Sharia Principles across the Bank’s operations. commitment of all BSI personnel and relevant units
to consistently uphold effective and sustainable
As an integral component of the Sharia
Governance framework, the Sharia Supervisory
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SHARIA SUPERVISORY BOARD
The Sharia Supervisory Board (DPS) is a Bank organ Sharia Supervisory Board Criteria
responsible for providing advice and guidance to During their tenure, DPS members must
the Board of Directors and overseeing the Bank’s demonstrate criteria that includes:
activities to ensure continuous compliance with 1. Demonstrating high integrity.
Sharia Principles. Through this role, the DPS 2. Acquiring knowledge and experience in sharia
ensures that all products, services, and operational muamalah, as well as an understanding of
activities are conducted in accordance with Sharia sharia banking and/or general finance.
requirements, including the implementation of 3. Having a good financial reputation.
fatwas issued by the National Sharia Council.
In carrying out its duties, the DPS works in close Requirements of the Sharia Supervisory Board
coordination with the Compliance Function (SKKP) The requirements for members of the Sharia
and the Internal Audit Unit (SKAI) to strengthen Supervisory Board are regulated and determined
oversight and ensure consistent application of by the National Sharia Council. Members of the
Sharia compliance across all Bank operations. Sharia Supervisory Board who have obtained a
Members of the DPS are appointed and approved recommendation from the Indonesian Ulema
through the GMS based on recommendations Council and meet the requirements are appointed
from the National Sharia Council of the Indonesian and dismissed by the GMS. The appointment
Ulema Council (DSN-MUI). of members of the Sharia Supervisory Board
becomes effective after obtaining approval from
Sharia Supervisory Board Composition and the regulator (OJK).
Profiles
In reference with POJK No. 2 of 2024 and SEOJK 15/ The requirements for members of the Sharia
SEOJK.03/2024 on the Implementation of Sharia Supervisory Board are subject to the provisions of:
Governance for Sharia Commercial Banks and a. Sharia Banking Law;
Sharia Business Units, the Sharia Supervisory Board b. Bank Indonesia Regulations;
of BSI is designated as the Bank’s key party and is c. Financial Services Authority (OJK) Regulations;
required to obtain approval from the OJK through d. Decisions of the National Sharia Council of the
a fit and proper test, based on a recommendation Indonesian Ulema Council; and
from the DSN-MUI. e. Other applicable laws and regulations.
BSI complies with the requirements on the Members of the Sharia Supervisory Board who have
number and structure of the DPS, with a minimum obtained a recommendation from the Indonesian
of 3 (three) members and a maximum of 50% (fifty Ulema Council and meet the requirements as
percent) of the number of Directors. The DPS is led referred to in paragraph (15) of Article 24 of the
by a Chairman selected from among its members Company’s Articles of Association are appointed
and, where necessary, may be supported by a Vice and dismissed by the GMS. The appointment
Chairman. As of December 31, 2025, BSI’s DPS becomes effective after obtaining approval from
comprised 5 (five) members, consisting of 1 (one) the competent authority (OJK).
Chairman and 4 (four) members.
The requirements for members of the Sharia
Detailed profiles of Chairman and Members of Supervisory Board are also regulated and
BSI DPS is presented in the Chapter 3 Company determined by the National Sharia Council.
Profile in this Annual Report.
Sharia Supervisory Board Members
Independence
Name Position The independence of Sharia Supervisory Board
Prof. Dr. KH. Hasanudin, M.Ag Chairman members is maintained by ensuring that no DPS
member has a family relationship up to the second
DR. H. Mohamad Hidayat, MBA, M.H Member degree with members of the Board of Directors,
Dr. H. Oni Sahroni, MA Member the Board of Commissioners, and/or fellow DPS
members. In addition, DPS members do not
Dr. KH. Abdul Ghofur Maimoen, M.A. Member
hold concurrent positions as members of the
Prof. Dr. Jaih Mubarok, SE, M.H, M.Ag Member
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SHARIA SUPERVISORY BOARD
Board of Directors, the Board of Commissioners, independence. DPS members are also limited
or Executive Officers in banks, companies, and/or to serving on no more than 1 (one) other bank’s
other institutions that may give rise to conflicts DPS and no more than 2 (two) Sharia supervisory
of interest. These requirements enable the DPS boards of non-bank financial institutions. Limited
to perform its supervisory role in a professional, exceptions are permitted, including positions in
objective, and independent manner. non-bank subsidiaries controlled by the Bank,
non-profit organizations, or entities within the
Sharia Supervisory Board Members Concurrent same financial conglomeration, provided these do
Position Policy not interfere with DPS duties. Any DPS member
In implementing POJK No. 2 of 2024 and dan SEOJK holding concurrent positions is required to submit
15/SEOJK.03/2024, BSI ensures the independence a formal commitment to uphold integrity, avoid
of the Sharia Supervisory Board by restricting conflicts of interest, and ensure compliance with
concurrent positions that may give rise to conflicts prudential principles and Sharia Principles.
of interest. DPS members do not hold concurrent
positions as members of the Board of Directors, The following are concurrent positions of DPS
Board of Commissioners, Executive Officers, public members as of December 31, 2025:
officials, or other positions in financial or non-
financial institutions that could compromise their
Position in Other Companies/
Name Position Company Name/ Other Institution
Agencies
Sharia Business Unit of PT Bank
Member of Sharia Supervisory Board
Danamon Indonesia
Chairman of Sharia Supervisory Board PT Toyota Astra Finance Services
Prof. Dr. KH.
Chairman Chairman of Daily Executive Board of
Hasanudin, M.Ag Indonesian Council of Ulama
National Sharia Council
PT Sarana Multigriya Finansial
Chairman of Sharia Supervisory Board
(Persero)
Sharia Business Unit of PT Asuransi
Chairman of Sharia Supervisory Board
Dr. H. Mohamad BRI Life
Member
Hidayat MBA, M.H* Sharia Business Unit of PT Asuransi
Member of Sharia Supervisory Board
Allianz Life Indonesia
Chairman of Sharia Supervisory Board
PT BNP Paribas Asset Management
(Sole)
Dr. H. Oni Sahroni, MA Member PT HPAI – Halal Network
Member of Sharia Supervisory Board
Internasional (HNI)
Member of Sharia Supervisory Board LAZNAZ IZI (Inisiatif Zakat Indonesia)
Dr. KH. Abdul Ghofur
Member - -
Maimoen, M.A.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
SHARIA SUPERVISORY BOARD
Position in Other Companies/
Name Position Company Name/ Other Institution
Agencies
Prof. Dr. Jaih Member Member of Sharia Supervisory Board Bank Permata Sharia Business Unit
Mubarak, SE, MH.
M.Ag Professor of the Faculty of Sharia & Law UIN Sunan Gunung Djati Bandung
Chairman of Sharia Supervisory Board Al - Amin Insurance
Secretary of DSN Hariah Executive Board Indonesian Council of Ulama
Deputy Secretary MUI Fatwa Commission
Member of Sharia Supervisory Board Dana Pensiun Iuran Pasti BI
Dr. KH. Abdul Ghofur
Member -
Maimoen, M.A.
Sharia Supervisory Board Tenure 90 (ninety) calendar days after receipt of the
Members of DPS are appointed and dismissed resignation letter.
by the GMS. The appointment becomes effective b. Prior to the resignation becoming effective and
upon obtaining approval from the regulator (OJK). valid in accordance with applicable regulations,
the relevant member of the Sharia Supervisory
The appointment of members of the Sharia Board remains obliged to perform their duties
Supervisory Board is for a term commencing from and responsibilities in accordance with the
the closing of the GMS that appoints them or Articles of Association and prevailing laws and
another date determined by the GMS, and ending regulations.
at the closing of the third Annual GMS following c. A resigning member of the Sharia Supervisory
their appointment, subject to the prevailing laws Board is released from liability only after
and regulations in the capital market sector. obtaining a discharge and release from
Notwithstanding the foregoing, the GMS reserves responsibility from the Annual GMS.
the right to dismiss members of the Sharia
Supervisory Board at any time prior to the end of Dismissal of the Sharia Supervisory Board
their term of office, in accordance with applicable The dismissal and/or resignation of a member of
capital market and Islamic banking regulations. the Sharia Supervisory Board becomes effective as
of the closing date of the relevant General Meeting
Such dismissal becomes effective as of the closing of Shareholders (GMS), unless another effective
of the relevant GMS, unless another effective date date is determined by the GMS and/or otherwise
of dismissal is determined by the GMS. stipulated under the applicable regulations.
Members of the Sharia Supervisory Board whose The term of office of a member of the Sharia
term of office has expired may be reappointed, Supervisory Board shall automatically end if the
subject to the prevailing laws and regulations. relevant member:
a. Loses Indonesian citizenship;
Resignation and Termination Mechanisms of b. Resigns and such resignation becomes
Sharia Supervisory Board effective;
c. Is declared bankrupt or placed under
Resignation guardianship based on a court decision;
A member of the Sharia Supervisory Board may d. No longer meets the requirements stipulated
resign before the end of their term of office by under the prevailing laws and regulations;
submitting a written resignation notice to the e. Holds concurrent positions that are prohibited
Company at least 90 (ninety) calendar days prior to for members of the Sharia Supervisory Board
the intended effective date of resignation, subject under provisions of the National Sharia Council
to the following provisions: and/or prevailing laws and regulations;
a. The Company must convene a GMS to decide f. Passes away;
on the resignation of the relevant Sharia g. Is dismissed by the GMS; or
Supervisory Board member no later than h. Is included in the list of non-performing credit/
financing.
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If a member of the Sharia Supervisory Board Sharia Supervisory Board, term of office, dismissal,
resigns or is dismissed before the end of their term and meeting policies.
of office, the term of office of the replacement
member shall commence from the closing of Sharia Supervisory Board Duties and
the GMS that appoints them or another date Responsibilities
determined by the GMS, and shall end at the In carrying out business activities based on
closing of the third Annual GMS following their Sharia Principles, the Sharia Supervisory Board is
appointment, unless otherwise determined by the appointed by the GMS upon the recommendation
GMS. of the National Sharia Council of the Indonesian
Ulema Council, with due observance of the
In the event of an addition of members to the provisions of the OJK or its successor, the
Sharia Supervisory Board, the term of office of regulations of the National Sharia Council, and
such members shall commence from the closing other applicable laws and regulations.
of the GMS that appoints them or another date
determined by the GMS, and shall end at the
closing of the third Annual GMS following their The Sharia Supervisory Board has the following
appointment, unless otherwise determined by the main duties, responsibilities, and functions,
GMS. among others:
1. Acting as the representative of the National
Fit & Proper Test for the Sharia Supervisory Sharia Council within the Company.
Board 2. Supervising the Company’s Sharia-related
Members of BSI DPS are classified as the Bank’s activities to ensure compliance with applicable
Key Parties and are required to obtain approval Sharia Principles.
from the OJK through a Fit & Proper Test prior 3. Providing advice and recommendations to the
to performing their duties and functions. This Board of Directors on matters related to Sharia
process is conducted in accordance with the Principles.
Sharia Governance POJK and refers to the 4. Acting as a mediator between the Company and
applicable POJK and SEOJK on Fit & Proper the National Sharia Council in communicating
Test for Key Parties of Financial Institutions. The proposals and recommendations for the
test is carried out by OJK based on the Bank’s development of products and services that
self-assessment and recommendations from require review and fatwa from the National
the committee performing the nomination Sharia Council.
function, covering integrity, competence (in sharia 5. Assessing and ensuring compliance with
muamalah, banking and/or finance), and financial Sharia Principles in the Company’s operational
reputation. DPS candidates must also obtain guidelines and products.
a recommendation from the National Sharia 6. Supervising the development process of new
Council of the Indonesian Ulema Council. The OJK products issued by the Company.
determines the assessment outcome as Approved 7. Requesting fatwa from the National Sharia
or Not Approved, and the appointment of DPS Council for new products that do not yet have
members by the GMS may only proceed after OJK an established fatwa.
approval and subsequent regulatory reporting in 8. Conducting periodic reviews of Sharia
accordance with prevailing regulations. compliance in fund-raising activities, fund
disbursement, and service provision of the
Guidelines and Work Procedures of the Sharia Company.
Supervisory Board 9. Requesting data and information related to
In carrying out its duties, the Sharia Supervisory Sharia aspects from the Company’s work units
Board refers to the Articles of Association and for the purpose of carrying out its duties.
the Decree of the Sharia Supervisory Board of PT 10. Implementing GCG principles in the execution
Bank Syariah Indonesia Tbk No. 05/DPS-BSI/2025, of its duties and responsibilities in accordance
which stipulate the requirements for the Sharia with applicable laws and regulations.
Supervisory Board, its duties, responsibilities and
main functions, prohibitions applicable to the
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In performing its functions, the Sharia Supervisory aspects, the DPS coordinates with the Sharia
Board is required to: Compliance function to review documents
a. Comply with the fatwas issued by the National (including promotional and marketing
Sharia Council. materials, whether for the Bank’s own products
b. Report the Company’s business activities to or products resulting from cooperation with
OJK or its successor in accordance with the Bank partners) and business transactions,
provisions stipulated by OJK or its successor. either on its own initiative or at the request of
DPS, the Board of Commissioners, or the Board
of Directors, as well as the systems used by the
DPS EVALUATION MECHANISM IN THE Bank.
DPS CHARTER 3. In implementing the ex-post review function
over operations, transactions, and processes in
Bank Policies and Procedures Evaluation the Bank’s business activities related to Sharia
Mechanism aspects, the DPS coordinates with the Sharia
In carrying out its evaluation function over Audit function under the Internal Audit Unit.
the Bank’s policies and procedures to ensure
compliance with Sharia Principles, the DPS may Sharia Governance Implementation Evaluation
coordinate with relevant work units, including the Mechanism
following: 1. In relation to the authority of the DPS under
Article 3 paragraph (3) letter (c), the SSB
1. With respect to policies, provisions, procedures, provides direction on Sharia Governance
and other Standard Operating Procedures and coordinates with Executive Officers of
(SOPs related to the Bank’s existing products the CPG, ERM, and WCA units in preparing
and/or new products, including profit-sharing comprehensive evaluation materials covering
distribution policies, Sharia accounting policy, risk, and Sharia compliance aspects.
treatment, zakat calculation, and the use of 2. Meetings related to the evaluation of Sharia
funds that may not be recognized as income, governance as referred to in point 1 above form
the technical review process, analysis, and part of Limited Meetings.
request for feedback from relevant units are 3. The implementation of such Limited Meetings,
carried out by the Sharia Regulatory & Review in addition to being held at the request of
function. the DPS, is conducted in accordance with the
2. With respect to risk management policies and applicable laws and regulations.
procedures related to compliance with Sharia 4. External reviews of Sharia Governance are
Principles, technical evaluations are conducted conducted periodically at least once every
by the Sharia Risk Management function and three years, with reference to OJK regulations
supported by the Sharia Compliance function, and other applicable provisions.
at least once a year or at any time in the event
of changes that significantly affect business Shariah Supervisory Board Meetings
activities.
3. The results of the evaluations referred to in Meeting Policy
points 1 and 2 above may be supplemented by The Sharia Supervisory Board is required to
a written DPS opinion, if necessary. convene meetings at least once a month. Decisions
of the Sharia Supervisory Board are made through
Review Mechanism for Operations, Transactions, deliberation to reach consensus. All resolutions
and Processes in the Bank’s Business Activities and outcomes of Sharia Supervisory Board
1. In conducting the review process, the DPS meetings must be documented in formal minutes
may review both on an ex-ante basis (prior to a and constitute collective decisions of all members
policy being established and/or implemented) of the Sharia Supervisory Board. The minutes of
and on an ex-post basis (after a policy has been meetings must be properly documented and
implemented). maintained by the Company.
2. In implementing the ex-ante review function
over operations, transactions, and processes in
the Bank’s business activities related to Sharia
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The Bank shall hold joint meetings of DPS with the Board of Directors and Board of Commissioners at least
once every 4 (four) months. Such meetings may be convened provided they are attended by a majority of
DPS members and a majority of members of the Board of Directors and Board of Commissioners.
Sharia Supervisory Board Meeting Recapitulations
The following were the DPS meeting recapitulations during 2025:
Sharia Supervisory Board Meeting Attendance
DPS Meeting DPS Joint Meeting GMS
Total and Percentage of Attendance Total and Percentage of Attendance Total and Percentage of Attendance
Name Position
Total Total Total Total Total Total
Percentage Percentage Percentage
Meetings Attendance Meetings Attendance Meetings Attendance
Prof. Dr. KH.
Chairman 28 28 100% 6 6 100% 2 2 100%
Hasanudin, M.Ag
DR. H. Mohamad Member 28 28 100% 6 6 100% 2 2 100%
Hidayat, MBA, M.H
Dr. H. Oni Sahroni, Member 28 28 100% 6 5 83,33% 2 2 100%
MA
Dr. KH. Abdul Ghofur Member 28 28 100% 6 5 83,33% 2 2 100%
Maimoen, M.A.
Prof. Dr. Jaih Member 28 28 100% 6 6 100% 2 2 100%
Mubarok, SE, M.H,
M.Ag
The agenda and participants of joint meeting of DPS, Board of Commissioners, and Directors are
presented in the subsection “Joint Meeting of the Board of Commissioners” in the Corporate Governance
chapter of this Annual Report.
Training and/or Competency Development of the Sharia Supervisory Board Members
The following are training and/or competency development participated by DPS members during 2025.
Name Position Training Date / Place Organizer
Prof. Dr. KH. Chairman of the Workshop on Sharia Contract April 28, 2025 / Padang CDG and BBG
Hasanudin, M.Ag Sharia Supervisory and Conformity of BSI Gold Bank Room 1 Lt.1 Hotel Westin
Board Products Jakarta
Top Executive Learning Program June 13, 2025 / BSI Corporate University,
(TELP) Series 1 Year 2025 Training Auditorium lt.6 The Speaker Alan Liew
Tower Young Wee-Head of
Bullion UOB Singapore
Custom of General Business June 5, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business June 12, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business June 19, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business June 26, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business July 24, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business July 31, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Pre Ijtima’ Sanawi Workshop September 24-25, 2025 DSN MUI
(Annual Meeting) DPS X Year 2025 / Hotel Millenium Sirih
in the Field of Sharia Commercial Tanah Abang
Banks and Sharia Business Units
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Name Position Training Date / Place Organizer
Ijtima’ Sanawi (Annual Meeting) September 26-27, DSN MUI
DPS XXI Year 2025 2025 / Hotel Mercure
Kemayoran
Custom of General Business 2 October 2025/RR DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business 16 October 2025/RR DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business 23 October 2025/ RR DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business 13 November 2025/ RR BSI Corporate University
English (Elementary Level) DPS Lt. 5
Top Executive Learning 14 November 2025/ BSI Corporate University
Program “The Role of Leaders Hybrid
in Digital Banking Business
Transformation” in 2025.
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
Risk Management Certification 27 - 28 November 2025/ BSI Corporate University
Training Level 5 RR DPS Lt. 5
Risk Management Certification 10 December 2025/ BSI Corporate University
Level 5 Strengthening Program Online
Custom General Business English 11 December 2025 / RR/ BSI Corporate University
(Elementary Level) DPS Lt. 5 & English Today
Risk Management Certification 16 December 2025 BSI Corporate University
Level 6 Preparation Program
Custom General Business English 18 December 2025/ RR. BSI Corporate University
(Elementary Level) DPS Lt. 5 & English Today
Risk Management Certification 29 December 2025 / BSI Corporate University
Level 6 Strengthening Program Online
Dr. H. Mohamad Member of the Workshop on Sharia Contract April 28, 2025 / Padang CDG dan BBG
Hidayat, MBA, M.H Sharia Supervisory and Conformity of BSI Gold Bank Room 1 Lt.1 Hotel Westin
Board Products Jakarta
Insurance Seminar - Indonesia May 21-22, 2025 (Full Dewan Asuransi
Insurance Summit 2025 Day) / Bali Nusa Dua Indonesia
Convention Center, Nusa
Dua Bali
Custom of General Business June 5, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 dan English Today
Custom of General Business June 12, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 dan English Today
Training Top Executive Learning June 13, 2025 / BSI Corporate University,
Program (TELP) Series 1 Year 2025 Auditorium lt.6 The Pembicara Alan Liew
Tower Young Wee-Head of
Bullion UOB Singapore
Custom of General Business June 19, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 dan English Today
Custom of General Business June 26, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 dan English Today
Custom of General Business July 24, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 dan English Today
Custom of General Business July 31, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 dan English Today
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Name Position Training Date / Place Organizer
Pre Ijtima’ Sanawi Workshop September 24-25, 2025 DSN MUI
(Annual Meeting) DPS X Year 2025 / Hotel Millenium Sirih
in the Field of Sharia Commercial Tanah Abang
Banks and Sharia Business Units
Ijtima’ Sanawi (Annual Meeting) September 26-27, DSN MUI
DPS XXI Year 2025 2025 / Hotel Mercure
Kemayoran
Custom of General Business 2 October 2025/RR DPS BSI Corporate University
English (Elementary Level) Lt. 5 dan English Today
Custom of General Business 16 October 2025/RR DPS BSI Corporate University
English (Elementary Level) Lt, 5 dan English Today
Training Palm Oil Industry Focus 20-21 October 2025 BSI Corporate University
Mastery Batch 2 Year 2025 / Mandiri University
Medan
Custom of General Business 23 Oktober 2025/ RR DPS BSI Corporate University
English (Elementary Level) Lt. 5 dan English Today
Custom of General Business 13 November 2025/ RR BSI Corporate University
English (Elementary Level) DPS Lt. 5
Top Executive Learning 14 November 2025/ BSI Corporate University
Program “The Role of Leaders Hybrid
in Digital Banking Business
Transformation” in 2025.
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
Risk Management Certification 27 - 28 November 2025/ BSI Corporate University
Training Level 5 RR DPS Lt. 5
Risk Management Certification 10 December 2025/ BSI Corporate University
Level 5 Strengthening Program Online
Risk Management Certification 16 December 2025 BSI Corporate University
Level 6 Preparation Program
Risk Management Certification 29 December 2025/ BSI Corporate University
Level 6 Strengthening Program Online
Dr. H. Oni Sahroni, Member of the Workshop on Sharia Contract April 28, 2025 / Padang CDG and BBG
MA Sharia Supervisory and Conformity of BSI Gold Bank Room 1 Lt.1 Hotel Westin
Board Products Jakarta
Custom of General Business June 5, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business June 12, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Training Top Executive Learning June 13, 2025 / BSI Corporate University,
Program (TELP) Series 1 Tahun Auditorium lt.6 The , Speaker Alan Liew
2025 Tower Young Wee-Head of
Bullion UOB Singapore
Custom of General Business June 19, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business June 26, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business July 24, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Custom of General Business July 31, 2025 / Rr. DPS BSI Corporate University
English (Elementary Level) Lt. 5 and English Today
Pre Ijtima’ Sanawi Workshop September 24-25, 2025 DSN MUI
(Annual Meeting) DPS X Year 2025 / Hotel Millenium Sirih
in the Field of Sharia Commercial Tanah Abang
Banks and Sharia Business Units
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Name Position Training Date / Place Organizer
Ijtima’ Sanawi (Annual Meeting) September 26-27, DSN MUI
DPS XXI Year 2025 2025 / Hotel Mercure
Kemayoran
Custom of General Business 2 October 2025/RR DPS BSU and English Today
English (Elementary Level) Lt. 5
Custom of General Business 16 October 2025/RR DPS BSU and English Today
English (Elementary Level) Lt. 5
Training Palm Oil Industry Focus 20-21 October 2025 BSU
Mastery Batch 2 Year 2025 / Mandiri University
Medan
Custom of General Business 23 October 2025/ RR DPS BSU and English Today
English (Elementary Level) Lt. 5
Top Executive Learning 14 November 2025/ BSU
Program “The Role of Leaders Hybrid
in Digital Banking Business
Transformation” in 2025.
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
Risk Management Certification 27 - 28 November 2025/
Training Level 5 RR DPS Lt. 5
Risk Management Certification 10 December 2025/ BSI Corporate University
Level 5 Strengthening Program Online
Custom General Business English 11 December 2025 / RR/ BSI Corporate University
(Elementary Level) DPS Lt. 5 & English Today
Risk Management Certification 16 December 2025 BSI Corporate University
Level 6 Preparation Program
Custom General Business English 18 December 2025/ RR. BSI Corporate University
(Elementary Level) DPS Lt. 5 & English Today
Risk Management Certification 29 December 2025 / BSI Corporate University
Level 6 Strengthening Program Online
Dr. KH. Abdul Member of the Workshop on Sharia Contract April 28, 2025 / Padang CDG dan BBG
Ghofur Maimoen, Sharia Supervisory and Conformity of BSI Gold Bank Room 1 Lt.1 Hotel Westin
M.A. Board Products Jakarta
Custom of General Business June 19, 2025 / Rr. DPS BSU and English Today
English (Elementary Level) Lt. 5
Pre Ijtima’ Sanawi Workshop September 24-25, 2025 DSN MUI
(Annual Meeting) DPS X Year 2025 / Hotel Millenium Sirih
in the Field of Sharia Commercial Tanah Abang
Banks and Sharia Business Units
Ijtima’ Sanawi (Annual Meeting) September 26-27, 2025 / DSN MUI
DPS XXI Year 2025 Hotel Mercure
Risk Management Certification 27 - 28 November 2025/ BSU
Training Level 5 RR DPS Lt. 5
Risk Management Certification 10 December 2025/ BSI Corporate University
Level 5 Strengthening Program Online
Risk Management Certification 16 December 2025 BSI Corporate University
Level 6 Preparation Program
Risk Management Certification 29 December 2025/ BSI Corporate University
Level 6 Strengthening Program Online
Prof. Dr. Jaih Member of the Workshop on Sharia Contract April 28, 2025 / Padang CDG and BBG
Mubarok, SE, M.H, Sharia Supervisory and Conformity of BSI Gold Bank Room 1 Lt.1 Hotel Westin
M.Ag Board Products Jakarta
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Name Position Training Date / Place Organizer
Custom of General Business June 5, 2025 / Rr. DPS BSU and English Today
English (Elementary Level) Lt. 5
Custom of General Business June 12, 2025 / Rr. DPS BSU and English Today
English (Elementary Level) Lt. 5
Training Top Executive Learning June 13, 2025 / BSU, Speaker: Alan Liew
Program (TELP) Series 1 Year 2025 Auditorium lt.6 The Young Wee-Head of
Tower Bullion UOB Singapore
Custom of General Business June 19, 2025 / Rr. DPS BSU and English Today
English (Elementary Level) Lt. 5
Custom of General Business June 26, 2025 / Rr. DPS BSU and English Today
English (Elementary Level) Lt. 5
Custom of General Business July 24, 2025 / Rr. DPS BSU and English Today
English (Elementary Level) Lt. 5
Custom of General Business July 31, 2025 / Rr. DPS BSU and English Today
English (Elementary Level)
Pre Ijtima’ Sanawi Workshop September 24-25, 2025 DSN MUI
(Annual Meeting) DPS X Year 2025 / Hotel Millenium Sirih
in the Field of Sharia Commercial Tanah Abang
Banks and Sharia Business Units
Ijtima’ Sanawi (Annual Meeting) September 26-27, DSN MUI
DPS XXI Year 2025 2025 / Hotel Mercure
Kemayoran
Custom of General Business 2 October 2025/RR DPS BSU and English Today
English (Elementary Level) Lt. 5
Custom of General Business 16 October 2025/RR DPS BSU and English Today
English (Elementary Level) Lt. 5
Custom of General Business 23 October 2025/ RR DPS BSU and English Today
English (Elementary Level) Lt. 5
Top Executive Learning 14 November 2025/ BSU
Program “The Role of Leaders Hybrid
in Digital Banking Business
Transformation” in 2025.
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
Risk Management Certification 27 - 28 November 2025/ BSU
Training Level 5 RR DPS Lt. 5
Custom General Business English 11 December 2025 / RR/ BSI Corporate University
(Elementary Level) DPS Lt. 5 & English Today
Risk Management Certification 16 December 2025 BSI Corporate University
Level 6 Preparation Program
Custom General Business English 18 December 2025/ RR. BSI Corporate University
(Elementary Level) DPS Lt. 5 & English Today
Risk Management Certification 29 December 2025 / BSI Corporate University
Level 6 Strengthening Program Online
Management of Conflicts of Interest of the Sharia Supervisory Board
In carrying out its duties, responsibilities, and functions, the Sharia Supervisory Board are prohibited from:
1. Using the Company for personal interests, the interests of family members, and/or other parties that
may reduce the Company’s assets and/or profitability.
2. Obtaining and/or receiving personal benefits from the Company, other than remuneration and other
facilities as approved by the GMS.
3. Holding concurrent positions as prohibited under the prevailing laws and regulations.
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Sharia Supervisory Board Affiliated Relations
Members of the DPS do not have any affiliation, whether financial or familial, with members of the Board
of Commissioners, Board of Directors, and/or the Bank’s Controlling Shareholders, thereby enabling them
to perform their duties and functions independently and objectively.
Remuneration Policy of Sharia Supervisory Board Members
The remuneration policy for BSI’s DPS is formulated and implemented in accordance with OJK
regulations on the application of governance in remuneration for Islamic commercial banks. The
determination of DPS remuneration takes into account the level of risk and complexity of the DPS’ duties
and responsibilities, including the issuance of sharia opinions on the Bank’s products and business
activities, the designation of the DPS as the Bank’s key party, and the strengthened role of the DPS within
the Sharia Governance framework. The policy also considers proportionality with the remuneration of
the Board of Commissioners. In addition, BSI periodically reviews and evaluates the SSB remuneration
policy and its implementation to ensure alignment with regulatory requirements, responsibilities, and
the complexity of the role performed.
Sharia Supervisory Board
Type of Remuneration and Other Facilities
Person Amount (Rp million)
Other facilities such as housing, transport, insurance, healthcare, etc.. - -
a. Transferrable
b. Not transferrable
Total
Sharia Supervisory Board Supervisory Report
The Sharia Supervisory Board (SSB) of PT Bank Syariah Indonesia (Persero) Tbk (BSI) has prepared the
performance and activity report for the period of January 1, 2025, and for the period of July 1 to December 31,
2025. This report is prepared in accordance with the provisions of Financial Services Authority Regulation
(POJK) No. 17 of 2023 concerning the Implementation of Governance for Commercial Banks, POJK No. 2
of 2024 concerning the Implementation of Sharia Governance for Islamic Commercial Banks and Islamic
Business Units, Financial Services Authority Circular Letter (SEOJK) No. 15/SEOJK.03/2024 concerning the
Implementation of Sharia Governance for Islamic Commercial Banks and Islamic Business Units, as well
as SEOJK No. 14/SEOJK.03/2025 concerning the Implementation of Governance for Commercial Banks.
Throughout 2025, the SSB carried out its duties in overseeing the Bank’s policies and the management
conducted by the Board of Directors to ensure compliance with Sharia principles, and is responsible for
such supervision. The SSB also provides advice to the Board of Directors, including issuing sharia opinions
related to the Bank’s activities as referred to in Article 20 paragraph (1) of POJK No. 2 of 2024 on Sharia
Governance, which include, among others:
a) Supervision of policies and management conducted by the Board of Directors to ensure compliance
with Sharia principles, by:
1. Evaluating the Bank’s policies and procedures to ensure alignment with Sharia principles;
2. Reviewing the Bank’s operations to ensure compliance with Sharia principles; and
3. Directing, monitoring, and evaluating the implementation of Sharia Governance, including the
application of sharia compliance, sharia risk management, and sharia internal audit in an integrated
manner;
b) Providing advice, including sharia opinions, to the Board of Directors, by:
1. Providing recommendations related to the fulfillment of Sharia principles based on the SSB’s
supervisory results;
2. Providing opinions on strategic matters and/or matters required by regulations to ensure they do
not contradict Sharia principles, including the implementation of banking synergy as referred to in
the Financial Services Authority Regulation on Islamic commercial banks, as well as recovery action
plans and remedial plans as referred to in the Financial Services Authority Regulation regarding
supervisory status and handling of problems in commercial banks;
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3. Providing opinions on the development of new products as regulated in the Financial Services
Authority Regulation on the implementation of commercial bank products, including:
a. Compliance with DSN-MUI fatwas;
b. Standard operating procedures for new Bank products; and/or
c. Results of the review of contract concepts/agreements/application forms for new Bank products;
and
4. Coordinating and providing guidance to the sharia compliance function, sharia risk management
function, and sharia internal audit function;
c) Providing an opinion regarding the fulfillment of Sharia principles to the committees supporting the
duties of the Board of Commissioners as referred to in Article 26 of the Sharia Governance POJK; and
d) Coordinating with fatwa authorities and/or regulators, where necessary.
Furthermore, to strengthen the culture of Sharia compliance across the entire network, the Sharia
Supervisory Board (SSB) has carried out various enhancement activities, which were conducted at:
DPS Sampling Review for the Period 1 January 2025 – 31 December 2025
No. Date BSI Locations/Branch Offices
1. 6-8 February 2025 RO Surabaya – Kediri Area
2. 5-7 May 2025 RO Semarang - Yogyakarta Area
3. 9-10 May 2025 RO Medan – Medan Area
4. 20-22 May 2025 RO Surabaya – Surabaya Area
5. 10 June 2025 RO Jakarta 1 - Kelapa Gading Area
6. 17 June 2025 RO Jakarta 2 - Depok Area
7. 07 July 2025 RO Bandung - Bandung Area
8. 20-21 August 2025 RO Aceh - Aceh, Meulaboh and Lhouksemawe Area
9. 16-18 September 2025 RO Kalimantan – Balikpapan Area
10. 22-23 September 2025 RO Palembang - Palembang Area
11 21-22 October 2025 RO Makassar – Manado Area
Sharia Supervisory Board Recommendations
Throughout 2025, DPS of BSI provided input and recommendations to the Board of Directors as part of its
Sharia oversight function. These recommendations covered, among others, the enhancement of policies
and operational procedures to ensure continuous alignment with Sharia Principles, the strengthening of
controls over Sharia-based products and business activities, and the improvement of the overall quality
of Sharia governance implementation across the Bank. Below are the details:
Recapitulation of Directions and Recommendations of the Sharia Supervisory Board
No. DPS Opinion Title No. Register Date
1. Approval of Documents Related to Bullion Business
01/BSI/DPS/OPINI/I/2025 8-Jan-25
Activities (Gold Custody and Gold Trading)
2. Request for Sharia Supervisory Board (SSB) Opinion
02/BSI/DPS/OPINI/I/2025 8-Jan-25
Regarding BSI Bullion Bank Gold Custody Services
3. Approval of Operational Technical Guidelines for Global
03/BSI/DPS/OPINI/I/2025 13-Jan-25
Transaction Sharia (GTS) / Bewize
4. Bullion Bank Gold Trading 04/BSI/DPS/OPINI/I/2025 8-Jan-25
5. Financial Statements of PT Bank Syariah Indonesia Tbk for
05/BSI/DPS/OPINI/I/2025 16-Jan-25
the Period Ending December 31, 2024
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SHARIA SUPERVISORY BOARD
No. DPS Opinion Title No. Register Date
6. SRIA (Sharia Restricted Investment Account) 06/BSI/DPS/OPINI/I/2025 15-Jan-25
7. Financing Realization Flow for Gold Installment 07/BSI/DPS/OPINI/III/2025 19-Mar-25
8. Approval of Operational Technical Guidelines for Contactless
08/BSI/DPS/OPINI/II/2025 18-Feb-25
Features on BSI Hasanah Card
9. Approval of Digital Ecosystem Product Manual (BSI Lifestyle)
09/BSI/DPS/OPINI/III/2025 12-Mar-25
Byond Lyfe
10. Approval of Documents Related to the Islamic Structured
10/BSI/DPS/OPINI/III/2025 12-Mar-25
Account (ISRA)
11. Transfer of Bank Mantab Portfolio 11/BSI/DPS/OPINI/III/2025 5-Mar-25
12. Purchase Order (PO) Financing 12/BSI/DPS/OPINI/III/2025 26-Feb-25
13. Liquidity Optimization in Nostro Accounts of PT Bank
13/BSI/DPS/OPINI/III/2025 12-Mar-25
Syariah Indonesia Tbk
14. Approval of Gold Installment Financing Product Manual 14/BSI/DPS/OPINI/II/2025 12-Feb-25
15. Dubai Sharia Compliance Certificate 15/BSI/DPS/OPINI/IV/2025 17-Apr-25
16. Gold Purchase, Deposit, and Withdrawal Through Branches
16/BSI/DPS/OPINI/V/2025 28-Apr-25
and Gold ATMs (ATGM)
17. Conversion of Existing Product Features into Gold Savings 17/BSI/DPS/OPINI/V/2025 28-Apr-25
18. Gold Installment Financing via Byond 18/BSI/DPS/OPINI/IV/2025 21-May-25
19. Approval of Documents Related to Sustainable-Based
19/BSI/DPS/OPINI/V/2025 28-Apr-25
Mudharabah Sukuk of Bank Syariah Indonesia
20. Approval of Documents Related to Sharia Hedging 20/BSI/DPS/OPINI/III/2025 18-Mar-25
21. Approval of Documents Related to Marketing Partner of
21/BSI/DPS/OPINI/V/2025 26-May-25
Securities Brokerage Intermediary (MPPPE)
22. Approval of Documents Related to Zakat Savings 22/BSI/DPS/OPINI/VI/2025 4-Jun-25
23. Financing Scheme with PT Adi Sarana Armada Tbk (ASSA)
23/BSI/DPS/OPINI/V/2025 21-May-25
and Business Group
24. Revision of ZIS App Marketing Features (ZIS Hyperlink
24/BSI/DPS/OPINI/V/2025 21-May-25
Service on Byond)
25. Expansion of Treasury Business Activities at BSI Middle East
25/BSI/DPS/OPINI/VI/2025 25-Jun-25
(DIFC Branch)
26. Approval of Expansion of Treasury Business Activities at BSI
26/BSI/DPS/OPINI/VI/2025 25-Jun-25
Middle East (DIFC Branch)
27. Multi-Supplier Scheme for BSI Gold Stock 27/BSI/DPS/OPINI/IV/2025 28-Apr-25
28. Gold Trading with Foreign Bullion Banks 28/BSI/DPS/OPINI/VII/2025 31-Jul-25
29. Approval of Standard Operating Procedures for Internal
29/BSI/DPS/OPINI/VIII/2025 6-Aug-25
Control Over Financial Reporting (ICOFR)
30. Profit‑Sharing Scheme for Ministry of Health Institutions 30/BSI/DPS/OPINI/VII/2025 31-Jul-25
31. Counter Guarantee Covered by Insurance 31/BSI/DPS/OPINI/VIII/2025 6-Aug-25
32. Trade Finance Tariffs for Export Transactions 32/BSI/DPS/OPINI/VIII/2025 6-Aug-25
33. Approval of Documents Related to Multicurrency Foreign
33/BSI/DPS/OPINI/VIII/2025 28-Aug-25
Currency Savings
34. Approval of Documents Related to Bullion Business 34/BSI/DPS/OPINI/VIII/2025 29-Aug-25
35. New Trade System Bewize 35/BSI/DPS/OPINI/VII/2025 7-Nov-25
36. Redemption Fee & Release of Investor Profit‑Sharing Rights
36/BSI/DPS/OPINI/VII/2025 6-Aug-25
(SRIA)
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SHARIA SUPERVISORY BOARD
No. DPS Opinion Title No. Register Date
37. SRIA Approval Opinion 37/BSI/DPS/OPINI/IX/2025 9-Sep-25
38. Bewize Trade Approval Opinion 38/BSI/DPS/OPINI/IX/2025 17-Sep-25
39 Financial Statement Opinion 39/BSI/DPS/OPINI/IX/2025 12-Sep-25
40. Implementation of Mitraguna Product 40/BSI/DPS/OPINI/IX/2025 28-Aug-25
41. Implementation of MMQ Refinancing for Assets Owned
by Institutional Management for Wholesale Segment 41/BSI/DPS/OPINI/IX/2025 9-Nov-25
Financing
42. Umrah Savings Product, Profit Sharing Distribution, and
42/BSI/DPS/OPINI/X/2025 2-Oct-25
Product Simplification
43. Potential Financing for Revenue During Construction (RDC) 43/BSI/DPS/OPINI/IX/2025 9-Nov-25
44. Use of Non‑Partner (Conventional) Insurance 44/BSI/DPS/OPINI/IX/2025 9-Nov-25
45. Account Agent and Security Agent Services in Hybrid
45/BSI/DPS/OPINI/IX/2025 9-Nov-25
Syndicated Financing (Conventional & Sharia Banks)
46. Provision of Additional Syirkah/Mudharabah Profit-Sharing
46/BSI/DPS/OPINI/IX/2025 9-Nov-25
Based on Actual Realization Above/Below Projection
47. Simplification of Financing Execution Contracts 47/BSI/DPS/OPINI/IX/2025 9-Nov-25
48. Proposed Government Program Scheme Related to Village/
48/BSI/DPS/OPINI/IX/2025 3-Sep-25
Subdistrict Cooperatives Merah Putih (KDMP/KKMP)
49. Approval of Debit Card Product Manual for Contactless
49/BSI/DPS/OPINI/IX/2025 25-Sep-25
Feature
50. Use of MMQ Contract Scheme for Corporate Customer
50/BSI/DPS/OPINI/IX/2025 9-Nov-25
Financing (Vehicle Rental Services)
51. Proposal for BSI as Payment Channel for Islamic
51/BSI/DPS/OPINI/IX/2025 9-Nov-25
Multifinance Customer Installments (UUS)
52. Approval of BSI OTO Product Manual and BSI – MUF
52/BSI/DPS/OPINI/X/2025 2-Oct-25
Cooperation Agreement
53 Development of CMS System Features 53/BSI/DPS/OPINI/X/2025 16-Oct-25
54. Approval of Documents Related to CMS System
54/BSI/DPS/OPINI/X/2025 16-Oct-25
Development
55. Recovery Plan 2026 55/BSI/DPS/OPINI/XI/2025 13-Nov-25
56. Financing for Special Hajj Registration Management 56/BSI/DPS/OPINI/XI/2025 13-Nov-25
57. Approval of BSI Hasanah Card Product Manual for Youth
57/BSI/DPS/OPINI/XII/2025 18-Dec-25
Segment
58. Approval of Operational Technical Guidelines for BSI
58/BSI/DPS/OPINI/XII/2025 18-Dec-25
Hasanah Lyfe
59 Hasanah Card Signature Visa 59/BSI/DPS/OPINI/XI/2025 26-Nov-25
SHARIA COMPLIANCE FUNCTION
The Sharia Compliance Function at BSI (the Bank) was established as part of the compliance work
unit under the Director overseeing the compliance function. The Director overseeing the compliance
function is responsible for the effectiveness of the implementation of the sharia compliance function in
ensuring that all the Bank’s policies, provisions, systems, procedures, and business activities consistently
comply with Sharia Principles. In its implementation, this function is supported by an Executive Officer
who reports directly to the relevant Director and has fulfilled the requirements of the Financial Services
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SHARIA SUPERVISORY BOARD
Authority, including possessing adequate SHARIA INTERNAL AUDIT FUNCTION
knowledge and understanding of sharia banking
operations as well as the fatwas of the National BSI has implemented a Sharia Internal Audit
Sharia Council–Indonesian Ulema Council. Function as an integral part of the Bank’s internal
control system. This function is supported by an
The sharia compliance function was established to Executive-level officer with adequate knowledge
ensure that the policies, provisions, systems and and understanding of Sharia banking operations,
procedures, as well as business activities carried enabling the internal audit process to be conducted
out by the Bank, are in accordance with Sharia professionally, objectively, and in accordance
Principles. with Sharia Principles. The Board of Directors
is responsible for ensuring the effectiveness of
The sharia compliance function coordinates the Sharia Internal Audit Function in supporting
with the DPS in carrying out its duties and sound Sharia governance practices.
responsibilities as regulated under POJK No.
2 of 2024 concerning the Implementation of In its implementation, internal audit reports
Sharia Governance for Sharia Commercial Banks related to the fulfilment of Sharia Principles
and Sharia Business Units and SEOJK No. 15/ are submitted to the Sharia Supervisory Board,
SEOJK.03/2024 concerning the Implementation of the President Director, and the Board of
Sharia Governance for Sharia Commercial Banks Commissioners as part of a layered oversight
and Sharia Business Units, to the knowledge of the mechanism. The duties and responsibilities of
Director overseeing the compliance function. the Sharia Internal Audit Function are carried out
in accordance with Financial Services Authority
regulations on the implementation of internal
SHARIA RISK MANAGEMENT FUNCTION audit functions in commercial banks, and have
been aligned with POJK No. 2 of 2024 on the
BSI has implemented a Sharia Risk Management Implementation of Sharia Governance for Sharia
Function as an integral part of the Bank’s overall Commercial Banks and Sharia Business Units, as
risk management framework. This function is well as SEOJK No. 15/SEOJK.03/2024, to ensure
supported by an Executive-level officer with compliance with prudential banking principles,
adequate knowledge and understanding of regulatory requirements, and Sharia Principles.
Sharia banking operations, enabling effective risk
management that is aligned with Sharia Principles
across all business activities. The Board of Directors EXTERNAL REVIEW OF SHARIA
is responsible for ensuring the effectiveness of GOVERNANCE
this function in maintaining a balance between
business performance and Sharia risk control. BSI conducts an external review of the
implementation of Sharia governance as part
The duties and responsibilities of the Sharia Risk of its commitment to ensuring continuous
Management Function are carried out in line compliance with Sharia Principles and regulatory
with Financial Services Authority regulations on requirements. The external review is carried out
risk management implementation for Sharia by a public accountant and/or public accounting
Commercial Banks. In practice, this function firm registered with the Financial Services
has been implemented align with POJK No. 2 of Authority, in reference to POJK No. 2 of 2024 on
2024 on Sharia Governance Practices for Sharia the Implementation of Sharia Governance for
Commercial Banks and Sharia Business Units, as Sharia Commercial Banks and Sharia Business
well as SEOJK No. 15/SEOJK.03/2024, to ensure that Units. The results of the external review serve as an
risk management is conducted comprehensively, important input for evaluating and enhancing the
in an integrated manner, and consistently with Bank’s Sharia governance practices.
regulatory requirements and Sharia banking
prudential principles.
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BOARD OF DIRECTORS
The Board of Directors is the governing body Board of Directors Appointment Basis
responsible for managing and conducting the The appointment of members of the Board
day-to-day operations of Bank Syariah Indonesia of Directors is conducted through the GMS
in accordance with the Bank’s vision, mission, and in accordance with the Company’s Articles of
strategic objectives. Acting under the oversight Association and prevailing laws and regulations.
of the Board of Commissioners, the Board of Appointments become effective upon approval
Directors formulates and implements business from the OJK following the Fit and Proper Test and
strategies, ensures effective risk management the fulfilment of other regulatory requirements.
and internal control systems, and upholds
compliance with applicable laws, regulations, and Board of Directors Composition
Sharia principles. Through accountable leadership The appointment of members of the Board
and prudent decision-making, the Board of of Directors is carried out through the GMS
Directors plays a central role in driving sustainable in accordance with the Company’s Articles of
growth, safeguarding stakeholder interests, and Association and the prevailing laws and regulations.
maintaining the integrity of the Bank’s operations. The appointment of the Board of Directors
becomes effective after obtaining OJK approval
through the fit and proper test assessment and
fulfillment of other regulatory requirements.:
Board of Directors Composition as of December 31, 2025
Name Position Basis of Appointment Effective Date Period
Anggoro Eko Cahyo President Director AGMS on May 16, 2025 September 1, 2025 2025 - 2028
Vice President 1. AGMS on May 27, 2022
Bob Tyasika Ananta September 23, 2022 2025 - 2028
Director 2. AGMS on May 16, 2025
1. EGMS on December 15,
Sales & Distribution
Anton Sukarna 2020 February 1, 2021 2024 - 2027
Director
2. AGMS on May 17, 2024
1. EGMS on December 15,
Finance & Strategy
Ade Cahyo Nugroho 2020 February 1, 2021 2024 - 2027
Director
2. AGMS on May 17, 2024
Wholesale Transaction 1. AGMS on May 27, 2022
Zaidan Novari Januari 31, 2023 2025 - 2028
Banking Director 2. AGMS on May 16, 2025
Grandhis Helmi Risk Management
AGMS on May 22, 2023 September 21, 2023 2023 - 2026
Harumansyah Director
Retail Banking
Kemas Erwan Husainy AGMS on May 16, 2025 October 13, 2025 2025 - 2028
Director
Muharto Hadi Technology
AGMS on May 16, 2025 October 13, 2025 2025 - 2028
Suprapto Information Director
Treasury &
Firman Nugraha International Banking AGMS on May 16, 2025 December 12, 2025 2025 - 2028
Director
Compliance & Human
Arief Adhi Sanjaya AGMS on May 16, 2025 December 12, 2025 2025 - 2028
Capital Director
Board of Directors Charter
In carrying out its duties, the Board of Directors is guided by the Board of Directors’ Charter, which were
approved through the Board of Directors’ Decree No. 01/006-KEP/DIR dated 1 February 2021 concerning
the Charter of the Board of Directors of PT Bank Syariah Indonesia Tbk. The Charter set out, among others,
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BOARD OF DIRECTORS
the following: 5. Shall have a commitment to comply with
1. Authority to Act regulatory provisions; And
2. Organization and Division of Tasks 6. Shall have knowledge and/or expertise in the
3. General Policies field required by the Company
4. Ethics and Working Hours
5. Meeting Regulations Rights, Duties and Authorities of The Board of
6. Committees Directors
7. Senior Executive Vice President The Board of Directors is responsible for carrying
8. Correspondence out all actions related to the management of the
9. Miscellaneous Company for the benefit of the Company and
10. Amendments in accordance with the Company’s objectives
11. Conclusion and purposes, while remaining mindful of and
complying with the provisions and representing
Board of Directors Criteria the Company both inside and outside the Court
Parties eligible as members of the Board of in all matters and events with the restrictions as
Directors are individuals who are domiciled in stipulated in the laws and regulations, Articles of
Indonesia and meet the following criteria at the Association and/or GMS Resolutions.
time of appointment and while in office:
1. Shall have good morals, intention, and integrity The Board of Directors’ rights and authorities
2. Shall be able to take legal actions including:
3. Within 5 (five) years prior to appointment and 1. Establishing policies deemed appropriate in
while in office: the management of the Company.
a. Has never been declared bankrupt; 2. Regulating provisions regarding the
b. Has never been a member of the Board of Company’s employees including deter mining
Directors and/ or a member of the Board of wages, pensions or old-age benefits, and other
Commissioners convicted guilty of causing income for the Company’s employees based on
a company to be declared bankrupt; applicable laws and regulations.
c. Has never been convicted of committing 3. Appointing and dismissing the Company’s
a criminal act that is detrimental to state employees based on the Company’s labor
finances and/or related to the financial regulations and applicable laws and regulations.
sector; And 4. Regulating the delegation of authority of the
d. Has never been a member of the Board of Directors to represent the Company
Board of Directors and/ or the Board of in and out of court to one or several Directors
Commissioners that while in office: specifically appointed for that purpose or to
•• Failed to hold an annual GMS one or several Company employees, either
•• Had their accountability as a member of individually or jointly, or to another entity.
the Board of Directors and/or member 5. Appointing and dismissing the Head of the
of the Board of Commissioners not Internal Audit Unit with the approval of the
accepted by the GMS or failed to provide Board of Commissioners.
accountability as a member of the Board 6. Writing off non-performing loans in accordance
of Directors and/or member of the Board with the provisions stipulated in this Articles of
of Commissioners to the GMS; And Association and subsequently reporting them.
•• Caused a company that obtained a 7. Not collecting principal, margin, ujrah, and
permit, approval or registration from other profit- sharing beyond the principal
the OJK to fail to meet its obligation to amount done in the context of restructuring
submit an annual report and/or financial and/or debt settlement, and other actions in
report to the OJK. the context of the Company’s profit-sharing,
4. Shall not assume any other position made with an obligation to report to the Board of
regulatory impermissible to them as Member Commissioners, the provisions and reporting
of the Board of Directors expect by signing a procedures of which are determined by the
statement of willingness to resign from that Board of Commissioners.
other position once elected as a Member of the
Board of Directors;
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8. Undertaking all other actions and activities 7. To prepare the Company’s organizational
regarding the management or ownership of structure complete with details of its duties;
the Company’s assets, binding the Company 8. To make an Annual Report which contains,
with other parties and/or other parties with the among others, Financial Statements, as a
Company, and representing the Company in form of accountability for the Company’s
and out of court on all matters and events, with management, as well as the Company’s
limitations as regulated in laws and regulations, financial documents as referred to in the Law
Articles of Association, and/or decisions of the on Corporate Documents;
General Meeting of Shareholders. 9. To prepare financial statements in number
8 above based on Financial Accounting
With reference to SEOJK 14/2025, the Board of Standards and submit to the Public Accountant
Directors ensures transparency and accountability who has been appointed for audit;
in the management of human capital by 10. To submit annual reports including financial
communicating strategic human resources statements after being reviewed by the Board
policies to employees through accessible and of Commissioners within a period of no later
well-defined channels. Such policies include, than 6 (six) months after the Company’s
among others, recruitment systems, promotion financial year ends to the GMS for approval
mechanisms, remuneration structures, and and approval;
workforce efficiency plans. In carrying out its duties, 11. To provide an explanation to the GMS regarding
the Board of Directors remains fully accountable the Annual Report;
for the execution of its functions and is prohibited 12. To submit the Balance Sheet and Income
from granting general powers of attorney that Statement that have been ratified by the GMS
would result in the transfer of its duties, authorities, to the Minister of Law and Human Rights of
and responsibilities, as stipulated under the the Republic of Indonesia in accordance with
prevailing governance regulations for commercial the provisions of Laws and Regulations;
banks. 13. To prepare other reports required by the
provisions of the law;
BDuties of the Board of Directors: 14. To maintain the Register of Shareholders,
1. To strive and ensure the implementation Special List, Minutes of the GMS, Minutes of
of the Company’s business and activities in the Meeting of the Board of Commissioners
accordance with its business objectives and and Minutes of the Meeting of the Board
activities; of Directors, Annual Report and financial
2. To prepare in a timely manner the Company’s documents of the company as referred to in
long-term plan and work plan and its numbers 8 and 9 above, and other documents
amendments to be submitted to and reviewed of the company;
by the Board of Commissioners; 15. To keep at the Company’s place of residence:
3. To prepare a List of Shareholders, Special List, List of Shareholders, Special List, Minutes of
Minutes of the GMS, and Minutes of the Board the GMS, Minutes of the Meeting of the Board
of Directors; of Commissioners and Minutes of the Meeting
4. To hold and maintain the books and of the Board of Directors, Annual Report and
administration of the Company in accordance financial documents of the Company as well
with the prevailing standards of a Company; as other documents of the Company;
5. To prepare an Accounting System in accordance 16. To provide explanations on all matters that are
with Financial Accounting Standards and asked or requested by members of the Board
based on the principles of internal control, of Commissioners, by paying attention to Laws
especially the functions of management, and Regulations, especially regulations in the
recording, storage, and supervision; field of Capital Market;
6. To provide periodic reports according to 17. To plan, prepare, determine, decide, manage
the manner and time in accordance with and control the Company’s management
applicable regulations, as well as other policies based on the policies set from time to
reports whenever requested by the Board of time by the Company’s Parent Company and
Commissioners, taking into account laws and applicable laws and regulations;
regulations, especially regulations in the field
of Capital Market;
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18. To carry out other obligations in accordance Board of Directors and Board of Commissioners
with the provisions stipulated in this Articles of are jointly obliged to compile:
Association and stipulated by the GMS based a. Guidelines that are binding on each member
on Laws and Regulations. of the Board of Directors and the Board
of Commissioners, in accordance with
•• In carrying out its duties, the Board of the provisions of the applicable laws and
Directors is obliged to devote its energy, regulations.
thoughts, attention and devotion fully to b. The Code of Ethics applicable to all Board of
the duties, obligations and achievement of Directors applies to all members of the Board
the Company’s objectives. of Directors and members of the Board of
•• In carrying out their duties, members of Commissioners, employees/employees, and
the Board of Directors must comply with supporters of organs owned by the Company,
the Company’s Articles of Association and in accordance with the provisions of applicable
Laws and Regulations and are obliged to laws and regulations
implement the principles of professionalism, •• Each member of the Board of Directors
efficiency, transparency, independence, is fully and jointly responsible for the
accountability, accountability and fairness. Company’s losses caused by the mistakes
•• Every member of the Board of Directors or negligence of members of the Board of
is obliged in good faith and full of Directors in carrying out their duties.
responsibility and prudence in carrying out •• The Board of Directors represents the
duties for the interests and business of the Company legally and directly both in and out
Company by heeding the applicable laws. of court on all matters and in all events, binds
•• In carrying out its duties and responsibilities the Company with other parties and other
for management as referred to in parties with the Company and carries out all
paragraph (1) Article 19 of the Company’s actions, both regarding management and
Articles of Association, the Board of ownership, with restrictions as specified in
Directors is obliged to hold the Annual GMS paragraph (13) of Article 19 of the Company’s
and Extraordinary GMS as stipulated in the Articles of Association.
laws and regulations and the Articles of
Association. The Board of Directors must first obtain written
•• To support the effectiveness of approval from the Board of Commissioners, taking
the implementation of duties and into account the applicable laws and regulations
responsibilities as referred to in paragraph and the Company’s Articles of Association, to:
(1) of Article 19 of the Company’s Articles a. Relinquish/transfer and/or collateral the
of Association, the Board of Directors may Company’s assets with criteria and values
form a committee. Furthermore, the Board exceeding a certain amount determined by
of Directors is required to evaluate the the Board of Commissioners, except for the
performance of the committee at the end Company’s assets in the context of carrying
of each financial year. out business activities, which include assets
•• To support the effectiveness of in the form of financing, securities, collateral
the implementation of duties and taken over, movable goods, and other assets
responsibilities as referred to in paragraph obtained in the context of the Company’s
(1) of Article 19 of the Company’s Articles business activities, taking into account the
of Association, the Board of Directors may provisions in the field of Capital Market and the
form a committee. Sharia Banking sector;
•• In the event of the formation of a committee b. Establish and change the Company’s logo;
as intended in paragraph (7) of Article 19 of c. Conduct capital participation, release capital
the Company’s Articles of Association, the participation, including changes in the capital
Board of Directors is obliged to evaluate the structure with a certain value set by the
performance of the committee at the end Board of Commissioners in other companies,
of each financial year. subsidiaries and joint ventures that are not in
the context of saving receivables by taking into
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account the provisions in the field of Capital long as necessary in the context of carrying
Market, Sharia Banking and other related laws out the main business activities that are
and regulations; commonly carried out in the relevant
d. Carry out mergers, mergers, acquisitions, business field while still paying attention
separations, and dissolution of subsidiaries and to the provisions of laws and regulations,
joint ventures with certain values determined do not require the approval of the Board of
by the Board of Commissioners by taking into Commissioners and/or the GMS.
account the provisions in the field of Capital •• The Board of Directors is required to seek
Market, Sharia Banking and other related laws approval from the GMS to:
and regulations; a. Transfer the Company’s assets; or
e. Act to divert include selling, waiving the right b. Ensure the Company’s debt;
to collect and/or not charging again for:
1) Bad principal receivables/liabilities that Which is more than 50% (fifty percent) of the
have been deleted from the books in order Company’s total net worth in 1 (one) transaction or
to settle financing, either partially or fully; more, whether related to each other or not, except
2) The difference between the value of the as the implementation of the Company’s business
outstanding principal receivables/liabilities activities, in accordance with Article 3 (Purpose
that have been written off the book with the and Objectives and Business Activities)
transfer value including sales or with the •• Transactions as referred to in paragraph (16)
value of the release of rights; letter a of Article 19 of the Company’s Articles
Carried out based on the policy of the Board of Association are transactions of transfer of
of Directors that has been approved by the the Company’s net assets that occur within
Board of Commissioners and in the number a period of 1 (one) financial year, taking into
of bill-cancelling ceiling (limit) that has account the Limited Liability Company Law.
been set by the GMS which will remain valid •• The following acts can only be done by the
until a new ceiling (limit) is determined by Board of Directors after receiving a written
the GMS; response from the Board of Commissioners
f. Enter into cooperation with business entities and approval from the GMS to:
or other parties in the form of operational a. Take a part, either partially or wholly or
cooperation, management contracts, licensing participating in another company or other
cooperation, Build, Operate and Transfer/BOT), bodies or establishing a new company with
Build, Operate and Owned / BOOs and other a value of more than 50% (fifty percent) of
agreements that have a material financial the Company’s net worth;
impact on the Company that are valid for b. Bind the Company as a guarantor (borg or
a period of more than 1 (one) year or 1 (one) guarantor) that has financial consequences;
business cycle of the same nature the period c. Change the name of the Company;
of time or its value exceeds that determined by d. Actions that have not been determined in
the Board of Commissioners; the Company’s work plan;
g. Appoint and dismissing the Head of the e. Conducti a right issue, and/or delisting of
Internal Audit Unit; the Company’s shares;
h. Propose a representative of the Company to be f. Carry out a buyback of the Company’s
a candidate for the Board of Directors and the shares, unless otherwise provided by laws
Board of Commissioners in the subsidiary; and regulations;
i. Establish a subsidiary and/or joint venture g. Conduct other transactions to comply
with a certain value set by the Board of with applicable laws and regulations in the
Commissioners by taking into account the capital market.
applicable provisions;
j. Issue bonds or other debt securities that exceed •• If within 30 (thirty) days from the receipt of
certain value restrictions set by the Board of the application or explanation and complete
Commissioners. documents from the Board of Directors, the
Board of Commissioners does not provide a
•• The actions of the Board of Directors as written response, then the GMS may give a
intended in paragraph (13) letter f of Article decision without a written response from the
19 of the Company’s Articles of Association as Board of Commissioners.
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•• Management policies are determined in empowered to act for and on behalf of the
the Board of Directors Meeting. In order to Board of Directors in representing the Bank.
implement the Company’s management 3. In the event that the President Director is
policy, each member of the Board of Directors absent or unavailable for any reason, without
has the right and authority to act for and the need to be proven to third parties, the Vice
on behalf of the Board of Directors and President Director is authorized to act for and on
represent the Company in accordance with behalf of the Board of Directors in representing
the Company’s management policies and the Bank. If the Vice President Director is also
authorities determined based on the decision absent or unavailable for any reason, without
of the Board of Directors. the need to be proven to third parties, the Vice
•• If otherwise stipulated in the Company’s President Director shall appoint in writing a
management policy as referred to in paragraph member of the Board of Directors authorized
(21) of Article 19 of the Company’s Articles of to represent the Bank.
Association, the President Director has the 4. If the GMS does not appoint a Vice President
right and authority to act for and on behalf Director, then in the event that the President
of the Board of Directors and represent the Director is absent for any reason, without the
Company both in and out of Court. need to be proven to third parties, the President
•• In the event that the President Director is Director shall appoint in writing a member
absent or obstructed for any reason, which of the Directors authorized to act for and on
does not need to be proven to a third party, behalf of the Directors in representing the
then one of the other members of the Board Bank. In the event that the President Director
of Directors has the right and authority to act does not make such appointment, member
for and on behalf of the Board of Directors and of the Directors with the longest tenure shall
represent the Company. be authorized to act for and on behalf of the
•• Without prejudice to its own responsibility, Directors in representing the Bank.
the Board of Directors reserves the right to 5. For the purpose of ensuring efficient execution
appoint one or more of its proxies to perform of day-to-day duties, the Board of Directors may
certain actions and for this purpose the Board grant authority to each Director individually,
of Directors must issue a written power of in accordance with their respective duties, to
attorney stating the powers granted to such acts for and on behalf of the Board of Directors
proxies. in representing the Bank, as stipulated in a
•• The division of duties and authorities of separate document.
each member of the Board of Directors is 6. For certain actions, the Board of Directors is
determined by the GMS, in the event that the entitled to appoint one or more persons as its
GMS does not determine, then the division of proxies by granting them authority for such
duties and authorities of each member of the specific actions, as regulated in a power of
Board of Directors is determined based on the attorney.
decision of the Board of Directors’ Meeting.
•• The provisions regarding the Duties and Authority to Make Decisions
Authorities of the Board of Directors that have The authority of the Board of Directors to make
not been regulated in the Articles of Association decisions may be specifically delegated to other
refer to the provisions of Regulations in the field members of the Board of Directors, in compliance
of Capital Market, Islamic banking and other with the Articles of Association, individual Job
applicable laws and regulations, including Descriptions, and the regulations on Alternate
in the field of State-Owned Enterprises (as Directors.
relevant).
Authority to Represent
1. The Board of Directors is authorized to represent
the Bank in and outside the court in all matters
and events, to bind the Bank with other parties
and other parties with the Bank.
2. The President Director is authorized and
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Board of Directors Division of Duties
1. The Bank is managed and led by the Board of Directors appointed by the GMS, as stipulated in the
Bank’s Articles of Association, and operates under the supervision of the Board of Commissioners.
2. The allocation of duties and authorities of the members of the Board of Directors is determined by
the GMS. In the event that the GMS does not stipulate such allocation, the duties and authorities are
determined through a separate Board of Directors’ Decree. The details of functions, responsibilities,
and authorities of each member of the Board of Directors are set out in individual job descriptions.
3. In the event that a member of the Board of Directors is unable to perform their duties, the Board
of Directors shall appoint another member to act as a substitute, carrying out the same duties,
responsibilities, and authorities as the replaced Director, in line with the provisions on alternate
Directors as stipulated in a separate Board of Directors’ Decree.
The allocation of duties of the Board of Directors is as follows.
Board of Directors Division of Duties
Name Position Assigned Duties
Anggoro Eko President Director Supervising Vice President, all Board of Directors, Corporate Secretary
Cahyo & Communication, Marketing Communicationdan and Internal Audit
(Wholesale & Corporate Center Audit, Retail, Distribution & Digital
Banking Audit, IT Audit).
Bob Tyasika Vice President Supervising all Board of Directors, SEVP Operations, Environmental
Ananta Director Social & Governance Group, Financing Operations Group, Financing
Center Group, Cash & Trade Operation Group, Business Continuity
Management Group, Customer Care Group and SORH Operations.
Anton Sukarna Director of Sales & Supervising SEVP Funding & Transaction , (Retail Deposit Solution,
Distribution Transaction Banking Retail, Wealth Management) Distribution
Strategy, Alternative Channel & Government Project, Bullion Business,
Regional Office and SORH Distribution & Retail.
Ade Cahyo Director of Finance & Supervising SEVP Strategic Planning & Performance Management,
Nugroho Strategy Corporate Finance & Accounting, Procurement & Fixed Asset,
Corporate Transformation Office, Corporate Development and
Investor Relation.
Zaidan Novari Director of Wholesale Supervising all Groups in charge of Wholesale Transaction Banking,
Transaction Banking namely Corporate Business 1, 2 and 3 as well as Commercial Business
1 and 2, Corporate Finance & Solution, EBO and SORH Wholesale.
Grandhis Helmi Director of Risk Supervising SEVP Wholesale Risk (Corporate Risk, Commercial Risk,
Harumansyah Management Wholesale Collection, Restructuring & Recovery, ERO), SEVP Retail &
Consumer Risk (SME & Micro Risk, Consumer Risk, Retail Collection,
Restructuring & Recovery, ERO), IT & Fraud Risk, Enterprise Risk
Management and Policy & Procedure.
Kemas Erwan Director of Retail Supervising SEVP Consumer Product Solution (Consumer Business
Husainy Banking 1 dan 2, Card Business, Gold & Pawning Business) and all Groups in
charge of Retail Banking, namely Institutional Banking, SME Business,
Micro Business, Islamic Ecosystem Solution, and EBO.
Muharto Hadi Director of Supervising SEVP IT Development & Operations (Digital Banking
Suprapto Information & E-Channel Operations, IT & Digital Development, IT Application
Technology Support, IT Operations), SEVPDigital Banking (Digital Banking Retail,
Digital Banking Wholesale, Data & AI Strategy), IT Strategic Planning,
CISO Office and SORH IT.
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Name Position Assigned Duties
Firman Nugraha Director of Treasury & Supervising all Groups in charge of Treasury & International Banking,
International Banking namely Treasury & Global Market, International & Financial Institution,
Office of Chief Economist Transaction Banking Wholesale, EBO and
Overseas Branch.
Arief Adhi Sanjaya Director of Supervising Human Capital Strategy & Policy, Human Capital
Compliance & Human Services, BSI Corporate University, Human Capital Business Partner
Capital 1 & 2, Compliance, AML-CTF, Legal, Data Protection and SORH
Corporate Center.
Board of Director’s Term of Office calendar days before the effective date of his
1. Directors are appointed by the GMS for a period desired resignation.
starting from the closing of the GMS that b. The Company is obliged to hold a GMS to decide
appoints them or as otherwise determined by on the application for the resignation of the
the GMS, and ending at the closing of the third relevant Board of Directors members within
Annual GMS after their appointment. However, a period of no later than 90 (ninety) calendar
this does not diminish the right of the GMS to days after the receipt of the resignation letter,
terminate a Director before the end of their while still paying attention to other related
term by stating the reasons. Such termination provisions in the field of capital market and
takes effect from the closing of the GMS, unless Islamic banking.
otherwise determined by the GMS. c. In the event that the members of the Board
2. The appointment of Directors will be effective of Directors resign resulting in the number of
after obtaining approval from the OJK or upon members of the Board of Directors being less
fulfillment of the requirements stipulated in the than 3 (three) people, then the resignation is
OJK approval letter related to the Fit and Proper valid if it has been determined by the GMS and
Test, and other relevant authorities (if any), a new member of the Board of Directors has
and has been approved by the Shareholders been appointed.
through the GMS. d. The Company is obliged to disclose information
3. Directors whose terms have expired may to the public and submit to the OJK no later
be reappointed for a maximum of 2 (two) than 2 (two) working days after the receipt of
consecutive terms, or a maximum of 6 (six) the application for resignation of the Board
years since their appointment, subject to of Directors as intended in letter a of this
applicable regulations. paragraph and no later than 2 (two) working
4. BSI applies provisions on the tenure of members days after the results of the GMS as intended in
of the Board of Directors in accordance with letter b above
the Articles of Association. In situations where a e. Before the resignation becomes effective, the
Director’s term has ended and a successor has members of the Board of Directors concerned
not yet been appointed through the GMS, the are still obliged to complete their duties
incumbent Director continues to carry out the and responsibilities in accordance with this
same duties, authorities, and responsibilities Articles of Association and applicable laws and
until the appointment of a replacement is regulations.
formally resolved by the GMS. f. A member of the Board of Directors who
resigns as mentioned above can still be held
accountable as a member of the Board of
MECHANISM OF RESIGNATION AND Directors from the appointment of the person
DISMISSAL OF DIRECTORS concerned until the date of approval of his
resignation in the GMS.
Resignation of the Board of Directors g. The exemption from responsibility of members
a. A member of the Board of Directors may resign of the Board of Directors who resign is granted
from his position before the end of his term after the Annual GMS releases them.
of office, by being obliged to submit a written
request for resignation regarding his intention
to the Company, no later than 90 (ninety)
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Dismissal of the Board of Directors d. In the event that the decision to dismiss a
Any proposal for the appointment, dismissal, and/or member of the Board of Directors is made in
replacement of members of the Board of Directors the GMS, the self-defense as referred to in letter
by the Board of Commissioners to the GMS must c above is carried out in the GMS.
take into account the recommendations of the e. Dismissal for reasons as referred to in letters
Nomination and Remuneration Committee. b numbers 5 and 6 above is dishonorable
dismissal.
The resolution of the GMS regarding the f. The dismissal of the members of the Board of
appointment and dismissal of members of the Directors is effective from:
Board of Directors also determines when the 1) The closure of the GMS; or
appointment and dismissal will take effect. 2) Other dates set in the resolution of the GMS.
g. Between the members of the Board of Directors
In the event that the GMS does not determine, the and between the members of the Board of
appointment and dismissal of the members of the Directors and the members of the Board of
Board of Directors will take effect from the close Commissioners are prohibited from having
of the GMS. family relations up to the third degree, either
a. The GMS may dismiss the members of the according to a straight line or a sideways line,
Board of Directors at any time by stating the including relationships arising from marriage
reason. (including sons-in-law or brother-in-law).
b. The reason for the dismissal of a member of the
Board of Directors as referred to in letter a is if Temporary Dismissal of the Board of Directors
based on the facts, the members of the Board Members of the Board of Directors may be
of Directors concerned: temporarily dismissed at any time by the Board
1) is not/is unable to fulfill its obligations that of Commissioners stating the reasons if they act
have been agreed in the management contrary to this Articles of Association or there are
contract; indications of committing acts that are detrimental
2) not being able to perform his duties to the Company or neglecting their obligations or
properly; there are urgent reasons for the Company, taking
3) violates the provisions of the Articles of into account the following provisions:
Association and/or applicable laws and a. The temporary dismissal must be notified in
regulations; writing to the relevant members of the Board
4) commit acts that violate ethics and/or of Directors along with the reason that caused
propriety that should be respected as a the action with a copy of the Board of Directors;
member of the Board of Directors; b. The notification as referred to in letter a above
5) engaging in actions that are detrimental to shall be submitted no later than 2 (two) working
the Company and/or the state; days after the determination of the temporary
6) found guilty by a court decision that has suspension;
permanent legal force; c. Members of the Board of Directors who are
7) other reasons that are considered temporarily dismissed are not authorized to
appropriate by the GMS for the benefit and carry out the management of the Company
purpose of the Company. for the benefit of the Company in accordance
c. The decision to dismiss as referred to in letter with the Company’s purposes and objectives
b numbers 1, 2, 3, 4, 5 and/or number 7 above and represent the Company both in and out of
is taken after the members of the Board of court;
Directors concerned are given the opportunity
to defend themselves in the GMS, except for
letter b number 6 above. If the dismissed
member of the Board of Directors is not present
at the GMS after being summoned in writing,
then the dismissed member of the Board of
Directors is deemed not to have exercised his
or her right to defend himself or herself in the
GMS and has accepted the decision of the GMS.
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d. Within a period of no later than 90 (ninety) Alternate Directors Appointment
calendar days after the temporary dismissal As implemented by BSI in reference to SEOJK
in question, the Board of Commissioners 14/2025, the Bank applies a structured mechanism
shall hold a GMS to revoke or strengthen the for the appointment and management of
decision of temporary dismissal; Alternate Directors to ensure continuity of
e. With the expiration of the period of holding the leadership and effective governance. Alternate
GMS as referred to in letter d above or the GMS Directors are designated for each Director’s scope
cannot make a decision, then the temporary of responsibility, taking into account potential
dismissal becomes null and void; conflicts of interest and the three lines of defence
f. The limitation of authority in letter c above framework to maintain sound risk management
applies from the decision of temporary and internal control. Appointments are fulfilled
dismissal by the Board of Commissioners to the from internal candidates, including serving
following: Directors, and are carried out for a limited period
1) There is a resolution of the GMS that in accordance with regulatory provisions, with
strengthens or cancels the temporary extensions subject to approval from the OJK.
dismissal in letter d above; or
2) The past period in the letter d above. In cases of early dismissal, replacement, or
h. In the GMS as referred to in letter d above, the temporary suspension of members of the Board
members of the Board of Directors concerned of Directors, BSI prioritises the best interests and
are given the opportunity to defend themselves; continuity of the Bank. The process is conducted
i. Temporary suspension cannot be extended in an orderly manner under the oversight of the
or re-established for the same reason, if the Board of Commissioners and, where required,
temporary suspension is declared null and void with prior approval from OJK, particularly for the
as referred to in letter e above; President Director and Directors overseeing the
j. If the GMS cancels the temporary dismissal compliance function. All decisions are supported
or the circumstances as referred to in letter e by proper assessment, documentation, and
above, the members of the Board of Directors regulatory review to ensure alignment with
concerned are obliged to carry out their duties prudential principles, governance standards, and
as they should; applicable laws and regulations.
g. In the event that the GMS strengthens the
decision to temporarily dismiss, the members President Director Independence
of the Board of Directors concerned shall be In reference to SEOJK 14/2025, BSI stipulates
dismissed indefinitely. that the President Director is appointed
k. If the members of the Board of Directors who from an independent party with no financial,
are temporarily dismissed are not present at management, ownership, or family relationships
the GMS after being summoned in writing, with the Bank’s controlling shareholders, including
then the members of the Board of Directors ultimate shareholders as determined by the OJK.
who are temporarily dismissed are considered This independence is applied to ensure objective
not to have exercised their right to defend leadership, sound decision-making, and the
themselves in the GMS and have accepted the protection of the Bank’s interests in accordance
decision of the GMS. with prudent governance principles.
l. The Company is obliged to disclose information
to the public and convey to the Financial
Services Authority about:
1) Temporary dismissal decision, and
2) The results of the GMS as referred to in
letter d above or information regarding the
cancellation of the temporary dismissal by
the Board of Commissioners due to the
non-holding of the GMS until the expiration
of the period as referred to in letter e above
no later than 2 (two) working days after the
occurrence of the event.
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To support the assessment of independence, Each member of the Board of Directors must not
BSI requires the President Director to submit violate the provisions on concurrent positions. All
a Statement of Independence as part of the Directors do not hold concurrent positions either
Fit and Proper Test process in accordance with in other companies or other institutions.
OJK regulations. Where necessary, additional
supporting documents may be provided The following positions held by members of the
to OJK to substantiate the independence Board of Directors are not categorized as multiple
assessment, ensuring compliance with regulatory directorships, provided that they do not interfere
requirements and reinforcing the integrity of the with the performance of duties and responsibilities
Bank’s governance framework. as Directors:
1. Responsibility for overseeing the Bank’s equity
participation in subsidiaries;
2. Serving in a functional capacity as a member
of the Board of Commissioners of non-bank
subsidiaries controlled by the Bank;
3. Responsibility for supervising pension funds or
serving as a member of the supervisory board
of pension funds owned by the Bank;
4. Performing duties as an Alternate Director;
and/or
5. Holding positions in non-profit organizations
or institutions, provided that such positions
do not result in the neglect of duties and
responsibilities as a member of the Board of
Directors.
Management of Conflicts of Interest – Board of
Directors
As implemented by BSI, members of the Board
of Directors are required to avoid and properly
manage any conflicts of interest that may arise in
the performance of their duties. BSI has established
and implemented an internal conflict of interest
policy to identify, mitigate, manage, document,
and disclose potential or actual conflicts of interest
in decision-making processes, in line with Good
Corporate Governance principles and applicable
regulations.
Board of Directors Concurrent Position Policy In the event that a conflict of interest arises
Members of the Board of Directors are prohibited between the Bank’s interests and the personal
from holding other positions as stated below: interests of a member of the Board of Directors,
1. As a member of the board of directors, member the Bank is represented by another Director who
of the board of commissioners, member of the does not have a conflict of interest. Where the
sharia supervisory board, or executive officer at interests of the Bank conflict with the interests of
a bank, company, and/or other institution; all members of the Board of Directors, the Bank is
2. In the field of functional duties at a bank represented by the Board of Commissioners or a
financial institution and/or non-bank financial party appointed by the Board of Commissioners.
institution domiciled in or outside the country; If no member of the Board of Commissioners is
3. In other positions that may give rise to a conflict available, the General Meeting of Shareholders
of interest in carrying out duties as a member appoints one or more parties to represent the Bank.
of the Board of Directors; and/or All conflicts of interest and related transactions are
4. In other positions in accordance with the disclosed and documented in meeting minutes
provisions of laws and regulations
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and governance reports in accordance with •• Financial relationships reflecting direct or
regulatory requirements, including transparency indirect economic interests.
on related-party transactions. •• Management or supervisory relationships with
the Bank’s Controlling Shareholders.
•• Share ownership relationships of members
AFFILIATED RELATIONS OF THE BOARD of the Board of Directors, the Board of
OF DIRECTORS Commissioners, and/or the SSB in the Bank’s
Controlling Shareholders as legal entities.
BSI applies transparency and independence in
managing affiliated relations among members of During the reporting period, members of the
the Board of Directors, the Board of Commissioners, Board of Directors had no affiliated relations
and the Sharia Supervisory Board (SSB), both with other members of the Board of Directors,
with other members of the governing bodies the Board of Commissioners, the Sharia
and with the Bank’s Controlling Shareholders. Supervisory Board, and/or the Bank’s Controlling
This arrangement forms part of the Bank’s Shareholders. Accordingly, the Board of Directors
implementation of Good Corporate Governance was able to perform its duties and responsibilities
and compliance with regulatory requirements. independently and professionally.
Affiliated relations encompass financial and/or Details of the affiliated relations of the Board of
family relationships that may give rise to conflicts Directors are presented in the table below.
of interest and affect the objectivity of decision-
making. Such relations may include:
•• Family relationships by marriage or lineage up
to the second degree, both horizontally and
vertically.
Affiliations of the Board of Directors
Financial, Family, and Management Relations of the BOD
Management
Financial Relations With Family Relations With
Relations
Name Position Sharia Sharia
Controlling Controlling
BOC BOD Supervisory BOC BOD Supervisory BOC
Shareholders Shareholders
Board Board
Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Anggoro Eko President
√ √ √ √ √ √ √ √ √
Cahyo Director
Vice
Bob Tyasika
President √ √ √ √ √ √ √ √ √
Ananta
Director
Sales &
Anton
Distribution √ √ √ √ √ √ √ √ √
Sukarna
Director
Finance &
Ade Cahyo
Strategy √ √ √ √ √ √ √ √ √
Nugroho
Director
Wholesale
Transaction
Zaidan Novari √ √ √ √ √ √ √ √ √
Banking
Director
Grandhis Risk
Helmi Management √ √ √ √ √ √ √ √ √
Harumansyah Director
Retail
Kemas Erwan
Banking √ √ √ √ √ √ √ √ √
Husainy
Director
Technology
Muharto Hadi
Information √ √ √ √ √ √ √ √ √
Suprapto
Director
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Financial, Family, and Management Relations of the BOD
Management
Financial Relations With Family Relations With
Relations
Name Position Sharia Sharia
Controlling Controlling
BOC BOD Supervisory BOC BOD Supervisory BOC
Shareholders Shareholders
Board Board
Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Treasury &
Firman International
√ √ √ √ √ √ √ √ √
Nugraha Banking
Director
Compliance
Arief Adhi & Human
√ √ √ √ √ √ √ √ √
Sanjaya Capital
Director
Board of Directors Meeting to the meeting participants no later than
before the meeting is held.
Meeting Policy 8. The invitations for the Board of Directors’
The Board of Directors has a meeting policy that Meeting shall be made by a member of the
has been regulated in the Board of Directors’ Rules Board of Directors, who is entitled to represent
of Procedure. The Board of Directors’ meeting the Board of Directors. The summons for the
policy is as follows: Board of Directors’ Meeting must be delivered
1. The Board of Directors’ Meeting may be held by any means in written form to each member
at any time if: of the Board of Directors no later than 5 (five)
a. It is deemed necessary by one or more calendar days before the Meeting is held,
members of the Board of Directors; or excluding the date of the Summons and the
b. Upon written request from one or more date of the Meeting, or within a shorter time if
members of the Board of Commissioners. in urgent circumstances. If all members of the
2. The Board of Directors is required to convene Board of Directors are present or represented,
meetings on a regular basis at least once every the prior Summons is not required and the
month, joint meetings between the Board of Board of Directors’ Meeting shall be entitled to
Directors and the Board of Commissioners make valid and binding resolutions.
at least once every 4 (four) months, and joint 9. The invitations must include the agenda, date,
meetings between the Board of Directors and time, and venue of the meeting.
the Sharia Supervisory Board (SSB) at least 10. Board of Directors meetings are held at
once every 4 (four) months, in accordance with the Company’s domicile or at the place of
the provisions applicable to Sharia Commercial business activities, at the domicile of the Stock
Banks and Commercial Banks with Sharia Exchange, at the place where the Company’s
Business Units. shares are listed, or at another place within the
3. The Board of Directors’ Meeting as referred to territory of the Republic of Indonesia.
in point (2) of this Article may be held, is valid, 11. The Board of Directors Meeting is chaired by
and has the right to make binding resolutions the President Director. In case the President
if attended by more than 1/2 (one half) of Director is absent or prevented from attending
the total members of the Board of Directors the Board of Directors Meeting for any reason,
present or represented at the meeting. which does not need to be proven to a third
4. The presence of members of the Board of party, one of the members of the Board of
Directors at meetings must be disclosed in the Directors, who is present and selected at the
Company’s annual report. Board of Directors Meeting, may chair the
5. The Board of Directors must schedule a Board of Directors’ Meeting.
meeting for the following year before the end 12. A member of the Board of Directors may be
of the fiscal year. represented at a Board of Directors’ Meeting
6. At scheduled meetings, meeting materials are only by another member of the Board of
submitted to participants no later than 5 (five) Directors based on a power of attorney.
calendar days before the meeting is held.
7. In case a meeting is held outside the scheduled
time, the meeting materials will be submitted
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13. Each member of the Board of Directors third parties. Blank votes (abstain) are deemed
present is entitled to cast 1 (one) vote and an to approve the proposal submitted in the
additional 1 (one) vote for each other member meeting.
of the Board of Directors represented by him/ 23. Invalid votes are deemed to not exist and are
her based on a power of attorney. not counted in determining the number of
14. Each member of the Board of Directors votes cast in the meeting.
who personally in any way, either directly or 24. The Board of Directors may also make valid and
indirectly, has an interest in a transaction, binding decisions without holding a Board of
contract or proposed contract, in which the Directors’ Meeting, provided that all members
Company is one of the parties, must state the of the Board of Directors have been notified in
interest in the Board of Directors’ Meeting writing of the said proposals and members.
and is not entitled to participate in voting on 25. The Board of Directors grants approval for
matters relating to the transaction or contract, proposals submitted in writing and signs such
unless the Board of Directors’ Meeting approval accordingly.
determines otherwise. 26. Resolutions taken in this manner have the
15. Decision-making at the Board of Directors same legal standing as resolutions taken
Meeting is based on deliberation and legally in a Board of Directors’ Meeting.
consensus.
16. In case any decision is not reached by Meetings of the Board of Directors may also
deliberation and consensus, the decision is be conducted through teleconference, video
made based on the majority vote, such as conference, or other electronic communication
the approval of more than 1/2 (one half) of the media that allow all participants to see and/or hear
members of the Board of Directors present. each other directly and participate in the meeting.
17. Dissenting opinions that occur in decisions The minutes of meetings conducted through
of the Board of Directors’ Meeting must be teleconference or similar communication facilities
clearly stated in the minutes of the Board of shall be prepared in writing and circulated to all
Directors’ Meeting along with the reasons for participating members of the Board of Directors
the dissenting opinions. for signature. Decisions taken through such
18. The results of the meeting are stated in means shall have the same legal force and effect as
the minutes of the meeting, signed by all decisions validly adopted at meetings of the Board
members of the Board of Directors present, of Directors. Provisions regarding meetings of the
and submitted to all members of the Board of Board of Directors that are not stipulated in the
Directors. Articles of Association shall refer to OJK regulations
19. The results of the meeting are stated in and other applicable laws and regulations.
the minutes of the meeting, signed by the
members of the Board of Directors and
members of the Board of Commissioners
present, and submitted to all members of the
Board of Directors and members of the Board
of Commissioners.
20. In the event that a member of the Board of
Directors and/or the Board of Commissioners
does not sign the meeting minutes, the
relevant member is required to provide a
written explanation stating the reasons, in a
separate letter to be attached to the minutes
of the meeting.
21. Minutes of the Board of Directors’ Meeting
must be documented by the Company.
22. Minutes of the Board of Directors’ Meeting are
valid evidence of the Decisions taken in the
relevant Board of Directors’ Meeting, both for
the members of the Board of Directors and for
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BOARD OF DIRECTORS
Board of Directors Decisions
Decisions of the Board of Directors are made in accordance with established guidelines and the Board
of Directors Charter, which are binding on and remain the collective responsibility of all members of
the Board of Directors. In the event of differing opinions, any dissenting views are clearly recorded in
the minutes of the Board of Directors’ meeting along with the underlying reasons. Copies of the signed
meeting minutes are subsequently distributed to all members of the Board of Directors, either in hard
copy or electronic form.
Board of Directors’ Meeting Plan
The Board of Directors’ Meeting plan in 2025 was as follows:
Month Agenda
•• Performance Report Update December 2024
January
•• Business Strategy
•• Performance Report Update January 2025
February
•• Business Strategy
•• Performance Report Update February 2025
March
•• Business Strategy
•• Performance Report Update March 2025
April
•• Business Strategy
•• Performance Report Update April 2025
May
•• Business Strategy
•• Performance Report Update May 2025
June
•• Business Strategy
•• Performance Report Update July 2025
July
•• Business Strategy
•• Performance Report Update August 2025
August
•• Business Strategy
•• Performance Report Update September 2025
September
•• Business Strategy
•• Performance Report Update October 2025
October
•• Business Strategy
•• Performance Report Update November 2025
November
•• Business Strategy
•• Performance Report Update December 2025
December
•• Business Strategy
ANNUAL REPORT 2025
457
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS
Agenda, Date, and Participants of The Board of Directors’ Meeting
During 2025, agenda, date, and participant of the Board of Directors’ Meeting were as follows.
Board of Directors’ Meetings
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
1. Januari 7, 2025 1. Performance Report as of Hery Gunardi Present
December 31, 2024
Bob Tyasika Ananta Present
2. Strategic Initiative to Improve
Escrow Account Governance Tribuana Tunggadewi Present
3. Bullion Bank Update
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Saladin Dharmanugraha Effendi Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
Ari Rizaldi Present
2. January 14, 2025 1. Update on iBSI Core Banking DRP Hery Gunardi Present
Plan and 2025 DRP Schedule
Bob Tyasika Ananta Present
2. Proposal for Additional ATMs/
CRMs in 2025 Tribuana Tunggadewi Present
3. Update on Hasanah Card
Anton Sukarna Present
Migration
4. Update on Finalization of Ade Cahyo Nugroho Present
Financial Report Dec 31 Audit
Zaidan Novari Present
Saladin Dharmanugraha Effendi Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
Ari Rizaldi Present
3. January 21, 2025 1. Update on DPK Customer Hery Gunardi Present
Resegmentation
Bob Tyasika Ananta Present
Tribuana Tunggadewi Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Saladin Dharmanugraha Effendi Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
Ari Rizaldi Present
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BOARD OF DIRECTORS
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
4. January 25, 2025 1. HC Agenda Hery Gunardi Present
Bob Tyasika Ananta Present
Tribuana Tunggadewi Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Saladin Dharmanugraha Effendi Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
Ari Rizaldi Present
5. February 4, 2025 1. BSI Excellence Award (BEA) 2024 Hery Gunardi Present
Proposal
Bob Tyasika Ananta Not Present
2. BSI Bankwide Organizational
Structure for 2025 Tribuana Tunggadewi Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Saladin Dharmanugraha Effendi Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Not Present
Ari Rizaldi Present
6. February 7, 2025 1. Update on iBSI Core Banking DRP Hery Gunardi Present
Plan
Bob Tyasika Ananta Present
Tribuana Tunggadewi Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Saladin Dharmanugraha Effendi Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
Ari Rizaldi Present
7. February 12, 2025 1. Update DRP Core Banking Ibsi Hery Gunardi Present
2. Performance Report January 2025
Bob Tyasika Ananta Present
Tribuana Tunggadewi Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Saladin Dharmanugraha Effendi Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
Ari Rizaldi Present
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
8. February 18, 2025 1. Projected Target Achievement for Hery Gunardi Present
February 2025
Bob Tyasika Ananta Present
2. Update on IT and Operational
Readiness Ahead of the 2025 Eid Tribuana Tunggadewi Present
Holiday
Anton Sukarna Present
3. Regulation Update - State-Owned
Enterprises Bill Ade Cahyo Nugroho Present
Zaidan Novari Present
Saladin Dharmanugraha Effendi Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
Ari Rizaldi Present
9. March 4, 2025 1. Latest Economic Update Hery Gunardi Present
2. BSI’s Growth Strategy in Facing
Bob Tyasika Ananta Present
Macroeconomic Challenge
3. SME & Micro Business Strategy Tribuana Tunggadewi Present
Update
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Saladin Dharmanugraha Effendi Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
Ari Rizaldi Present
10. March 11, 2025 1. February 2025 Performance Hery Gunardi Present
Report
Bob Tyasika Ananta Present
Tribuana Tunggadewi Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Saladin Dharmanugraha Effendi Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Not Present
Ari Rizaldi Present
11. March 20, 2025 1. Release of PT Istaka Karya’s Hery Gunardi Present
Collection Rights
Bob Tyasika Ananta Present
Tribuana Tunggadewi Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Saladin Dharmanugraha Effendi Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Not Present
Ari Rizaldi Present
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BOARD OF DIRECTORS
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
12. March 26, 2025 1. Update on Alternate Directors Bob Tyasika Ananta Present
and SEVP
Tribuana Tunggadewi Present
2. March 2025 Target Projections
3. Update on the 2025 Event Anton Sukarna Present
Calendar
Ade Cahyo Nugroho Present
4. Update on Public
Communications Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
13. April 9, 2025 1. Economic Update Following Bob Tyasika Ananta Present
Trump’s Reciprocal Policy
Tribuana Tunggadewi Present
2. Performance in March 2025
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
14. April 15, 2025 1. Update on BSI’s 2025 Annual Bob Tyasika Ananta Present
General Meeting of Shareholders
Tribuana Tunggadewi Present
(AGM)
2. Update on IT & Digital Business Anton Sukarna Present
3. Update on Stress Test
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
15. April 22, 2025 1. Preparation for the Issuance of Bob Tyasika Ananta Present
Sustainability Sukuk
Tribuana Tunggadewi Present
2. Bullion Bank Update
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Not Present
16. May 6, 2025 1. Retail & Consumer Quality Bob Tyasika Ananta Present
Analysis
Tribuana Tunggadewi Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
17. May 14, 2025 1. Addition of Agenda Items for the Bob Tyasika Ananta Present
2025 BSI Annual General Meeting
Tribuana Tunggadewi Present
of Shareholders (AGM)
2. April 2025 Performance Report Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Harry Gusti Utama Present
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
18. May 20, 2025 1. Update on the Results of the 2025 Anggoro Eko Cahyo* Present
Annual GMS
Bob Tyasika Ananta Present
2. Proposal for Alternate Directors,
SEVP Committee under the Anton Sukarna Present
Board of Directors, and Mapping
Ade Cahyo Nugroho Present
of Category A Financing Decision
Functions (Board of Directors & Zaidan Novari Present
SEVP)
Grandhis Helmi Harumansyah Present
3. Update on BSI Performance
Highlights Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
19. May 27, 2025 1. Proposed Changes to BSI’s Anggoro Eko Cahyo* Present
Business Plan (RBB)
Bob Tyasika Ananta Not Present
2. Update on BSI International Expo
Anton Sukarna Not Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Not Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
20. June 3, 2025 1. BSI Bankwide Organizational Anggoro Eko Cahyo* Present
Structure for 2025
Bob Tyasika Ananta Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Not Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
21. June 11, 2025 1. Performance Update May 2025 Anggoro Eko Cahyo* Present
2. Proposal for Director of
Bob Tyasika Ananta Present
Supervision after the 2025 AGM
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Not Present
Kemas Erwan Husainy* Not Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
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BOARD OF DIRECTORS
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
22. June 17, 2025 1. Budget Coordinator Unit Anggoro Eko Cahyo* Present
Efficiency Program
Bob Tyasika Ananta Not Present
2. Employee Productivity PMO
3. Empowering Mosque Ecosystem Anton Sukarna Present
PMO
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
23. June 25, 2025 1. Macroeconomic Update: Impact Anggoro Eko Cahyo* Present
of the Iran Conflict
Bob Tyasika Ananta Present
2. BSI International Expo Update
3. SEVP Alternate Director Update Anton Sukarna Present
4. Progress on Disaster Recovery
Ade Cahyo Nugroho Present
Migration Upgrade & NEOM
Project Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
24. 30 June 2025 1. HC Agenda (Confidential) Anggoro Eko Cahyo* Present
Bob Tyasika Ananta Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
25. July 4, 2025 1. Intensification of Hajj Savings and Anggoro Eko Cahyo* Present
Bank Gold/Bullion Products
Bob Tyasika Ananta Present
2. Wholesale-Retail Collaboration
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
26. July 16, 2025 1. General Discussion (Land Asset Anggoro Eko Cahyo* Present
Purchase Plan)
Bob Tyasika Ananta Present
2. June 2025 Performance Report
3. Workforce Expansion Strategy Anton Sukarna Present
Priority
Ade Cahyo Nugroho Present
4. PMO Boosting Employee
Productivity Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
27. July 22, 2025 1. Mapping of the Division of Duties Anggoro Eko Cahyo* Present
between the President Director
Bob Tyasika Ananta Present
and Vice President Director
2. Update on the Islamic Ecosystem Anton Sukarna Present
Control Tower
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
28. July 29, 2025 1. General Discussion (Guidance) Anggoro Eko Cahyo* Present
2. Macroeconomic Update: Liquidity
Bob Tyasika Ananta Present
and Quality
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Not Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Not Present
Muharto Hadi Suprapto* Present
29. August 5, 2025 1. Bank Soundness Rating Update Anggoro Eko Cahyo* Present
2. Artificial Intelligence (AI)
Bob Tyasika Ananta Present
Development Update
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BOARD OF DIRECTORS
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
30 August 12, 2025 1. July 2025 Performance Update Anggoro Eko Cahyo* Present
2. Treasury & International
Bob Tyasika Ananta Present
Directorate Strategy Update
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
31. August 20, 2025 1. Risk Management Directorate Anggoro Eko Cahyo* Present
Strategy Update
Bob Tyasika Ananta Not Present
2. Compliance & Human Resources
Directorate Strategy Update Anton Sukarna Not Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
32. September 2, 2025 1. Aceh RO Network Arrangement Anggoro Eko Cahyo Present
2. Economic & Market Update
Bob Tyasika Ananta Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
33. September 9, 2025 1. Anticipating Competition in the Anggoro Eko Cahyo Present
Gold Business
Bob Tyasika Ananta Present
2. Closing Meeting for the Audit of
BSI’s Financial Statements as of Anton Sukarna Present
June 30, 2025
Ade Cahyo Nugroho Present
3. August 2025 Performance Report
Update Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
34. September 16, 1. State Fund Allocation (KMK 276 Anggoro Eko Cahyo Present
2025 of 2025)
Bob Tyasika Ananta Present
2. Update on the 2025 Corporate
Governance Perception Index Anton Sukarna Present
(CGPI)
Ade Cahyo Nugroho Present
3. Update on the Strategy of the
Directorate of Information Zaidan Novari Present
Technology
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
35. September 23, 1. September 2025 Prognosis Anggoro Eko Cahyo Present
2025
Bob Tyasika Ananta Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
36. September 30, 1. Fee Based Income (FBI) Strategy Anggoro Eko Cahyo Present
2025 Update
Bob Tyasika Ananta Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
37. October 7, 2025 1. Gold Business Risk Management Anggoro Eko Cahyo Present
2. Planning Outlook 2026 and
Bob Tyasika Ananta Present
Market Update
3. September 2025 Performance Anton Sukarna Present
Report, RAKB Update, RKAP and
Ade Cahyo Nugroho Present
RBB 2026 – 2029
4. Corporate Plan Update 2026 – Zaidan Novari Present
2030” (FBI)
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy* Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto* Present
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BOARD OF DIRECTORS
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
38. October 14, 2025 1. Management of Hartadinata Gold Anggoro Eko Cahyo Not Present
Capacity Limits
Bob Tyasika Ananta Present
2. IT Monthly Update IT Monthly
Update Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
39. October 15, 2025 1. Termination of Syndicated Anggoro Eko Cahyo Present
Financing to PT Agrinas Pangan
Bob Tyasika Ananta Present
Nusantara (Persero) Using
Ministry of Finance Funds Anton Sukarna Not Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
40. October 20, 2025 1. PHE Monthly Update Anggoro Eko Cahyo Present
2. Update Vice President Direktorat
Bob Tyasika Ananta Present
(Operations)
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
41. October 27, 2025 1. Chronology of the Financing Anggoro Eko Cahyo Present
Process of PT. Agrinas Pangan
Bob Tyasika Ananta Present
Nusantara (Persero)
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Not Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
42. October 28, 2025 1. Impact of Changes to the State- Anggoro Eko Cahyo Present
Owned Enterprises Law in 2025
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Not Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
43. November 5, 2025 1. Monthly Update on Gold Business Anggoro Eko Cahyo Present
Risk Management
Bob Tyasika Ananta Present
2. Branch Operation Anti-Fraud
Strategy Anton Sukarna Present
3. Update on Wholesale-Retail
Ade Cahyo Nugroho Present
Collaboration
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
44. November 11, 2025 1. Economic Outlook & Market Anggoro Eko Cahyo Present
Update
Bob Tyasika Ananta Present
2. October 2025 Performance
Report Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Not Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya* Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
45. November 17, 2025 1. Approval of the Draft Amendment Anggoro Eko Cahyo Present
to BSI’s Articles of Association
Bob Tyasika Ananta Present
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya * Present
Firman Nugraha* Present
Muharto Hadi Suprapto Not Present
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BOARD OF DIRECTORS
Reason for
No. Date Meeting Agenda Meeting Participants
Absence
46. November 19, 2025 1. Update on the Readiness of BSI Anggoro Eko Cahyo Present
Gold Savings Product
Bob Tyasika Ananta Present
Anton Sukarna Present
Ade Cahyo Nugroho Not Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya * Present
Firman Nugraha* Present
Muharto Hadi Suprapto Not Present
47. November 25, 1. Proposal for the Expansion of the Anggoro Eko Cahyo Present
2025 Jakarta and Surabaya Regions
Bob Tyasika Ananta Present
2. Update on Gold Vaulting
3. Update on Gold Business Risk Anton Sukarna Present
Management
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Not Present
Arief Adhi Sanjaya * Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
48. December 2, 2025 1. Approval of the Narrative Anggoro Eko Cahyo Present
of Resolutions for the 2025
Bob Tyasika Ananta Present
Extraordinary General Meeting of
Shareholders (EGMS) Anton Sukarna Present
2. Update on BSI RPIM 2025
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya * Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
49. December 4, 2025 1. Request for Extension of the Anggoro Eko Cahyo Present
Deadline for Fulfillment of
Bob Tyasika Ananta Not Present
Additional Requirements for PT
Agrinas Pangan Nusantara Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Not Present
Arief Adhi Sanjaya * Not Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
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Reason for
No. Date Meeting Agenda Meeting Participants
Absence
50. December 9, 2025 1. November 2025 Performance Anggoro Eko Cahyo Present
Report & 2026 Targets and
Bob Tyasika Ananta Present
Strategy
2. IT and Operational Preparation for Anton Sukarna Present
Year-End 2025 and New Year 2026
Ade Cahyo Nugroho Present
3. Impact of BSI Spin-Up Danantara
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya * Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
51. December 16, 1. Regulations Update Anggoro Eko Cahyo Present
2025 2. Impact of the Aceh, North
Bob Tyasika Ananta Present
Sumatra, and West Sumatra
Disasters on Financing Portfolio Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
52. December 23, 1. Proposal for Alternate Directors Anggoro Eko Cahyo Present
2025 and Committees under the Board
Bob Tyasika Ananta Present
of Directors
Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya * Present
Firman Nugraha* Present
Muharto Hadi Suprapto Present
53. December 30, 1. December 2025 Performance Anggoro Eko Cahyo Present
2025 Prognosis
Bob Tyasika Ananta Present
2. Preparation for BSI Anniversary &
Family Gathering Anton Sukarna Present
Ade Cahyo Nugroho Present
Zaidan Novari Present
Grandhis Helmi Harumansyah Present
Kemas Erwan Husainy Present
Arief Adhi Sanjaya * Present
Firman Nugraha* Present
Muharto Hadi Suprapto Not Present
*Effective after obtaining approval from the Financial Services Authority (OJK)
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
BOARD OF DIRECTORS
The agenda and participants of the joint meeting of the Board of Commissioners and the Board of
Directors have been presented in the Board of Commissioners’ Meeting section of the Corporate
Governance Chapter in this Annual Report.
Frequency and Attendance of Board of Directors Meetings
Joint Meeting of the Board
Board of Directors Meetings of Directors and the Board of GMS
Commissioners
Number and Percentage of Number and Percentage of Number and Percentage of
Name Position
Attendance Attendance Attendance
Number Number Number
Number of Number of Number of
of Percentage of Percentage of Percentage
Attendance Attendance Attendance
Meetings Meetings Meetings
President
Hery Gunardi* 12 12 100% 3 3 100% - - -
Director
Anggoro Eko President
36 35 97% 6 5 83% - - -
Cahyo*** Director
Deputy
Bob Tyasika
President 53 48 90% 9 9 100% 2 2 100%
Ananta
Director
Director of
Tribuana
Compliance & 17 17 32% 4 4 100% 2 2 100%
Tunggadewi**
Human Capital
Director of Sales
Anton Sukarna 53 50 94% 9 8 89% 2 2 100%
& Distribution
Director of
Ade Cahyo
Finance & 53 52 98% 9 9 100% 2 2 100%
Nugroho
Strategy
Director of
Wholesale
Zaidan Novari 53 52 98% 9 9 100% 2 2 100%
Transaction
Banking
Saladin Director of
Dharmanugraha Information 12 12 100% 3 3 100% - - -
Effendi* Technology
Grandhis Helmi Director of Risk
53 50 94% 9 8 89% 2 2 100%
Harumansyah Management
Harry Gusti Director of Retail
17 13 76% 4 3 75% 2 2 100%
Utama** Banking
Director of
Treasury &
Ari Rizaldi* 12 12 100% 4 3 75% - - -
Internasional
Banking
Kemas Erwan Director of Retail
36 31 86% 6 3 50% - - -
Husainy*** Banking
Director of
Arief Adhi
Compliance & 36 35 97% 6 6 100% - - -
Sanjaya***
Human Capital
Director of
Firman Treasury &
36 35 97% 6 6 100% - - -
Nugraha*** Internasional
Banking
Director of
Muharto Hadi
Information 36 33 92% 6 6 100% - - -
Suprapto
Technology
* Ended the tenure as of March 24, 2025.
** Ended the tenure as of May 17, 2025.
***Effective as of May 17, 2025
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS
Competency Training and/or Improvement of Member of The Board Of Directors
The policy related to improving the competence of the Board of Directors is regulated in the Human
Capital Standard Operating Procedure which aims to ensure that each member of the Board of Directors
has adequate knowledge and skills in carrying out their duties and responsibilities. The competence
development program includes training, workshops, and other activities designed to improve competence
in accordance with the latest developments in the Bank’s industry and business. Each member of the
Board of Directors is required to participate in the competence development program periodically to
ensure that they continue to have relevant understanding and can make the right decisions.
The Board of Directors’ participation in improving competence during 2025 is as follows
Name Position Training Date/Place Organizer
Anggoro Eko President Mandiri Leadership Forum Thursday, May 22, PT Bank Mandiri
Cahyo* Director Tema: “One Orchestrated Mandiri To 2025 / Padma Hotel (Persero) Tbk
Elevate Dominance Becoming The Ballroom, Semarang
Undispute Industry Leader”
Certification of Qualification 7 in Thursday, June 5, 2025 LSPKS
Banking Risk Management / The Tower 7th Floor
Top Executive Learning Program Friday, June 13, 2025 / PT Bank Syariah
(TELP) Series 1 2025 Auditorium The Tower Indonesia Tbk
6th Floor
Basic Training in Islamic Banking Monday - Tuesday, LPPI
June 23-24, 2025 / The
Tower 7th Floor
Workshop on the Presentation Friday, October 24, Danantara
of the Strategic Plan of State- 2025 / Auditorium,
Owned Enterprises (SOEs) and SOE 3rd Floor, Wisma
Subsidiaries Danantara
Indonesia Islamic Finance Summit Monday, November 3, Financial Services
2025 / Ballroom, Hotel Authority
Westin Surabaya
Indonesia International Islamic Monday, November 3, Financial Services
Finance Conference 2025 2025 / Ballroom, Hotel Authority
Westin Surabaya
Top Executive Learning Program Friday, November 14, BSI Corporate
(TELP) Series 3 with Mr. Jahja 2025 / Ballroom, 9th University
Setiaatmadja with the Theme: “The Floor, BSI Tower
Role of Leaders in Digital Banking
Business Transformation”
ASPI Executive Gathering Seminar Friday, November 21, ASPI (Indonesia
with the Theme: “The Future of 2025 / Violet Ballroom, Payment Systems
Payments: Innovate, Trusted, Global” The Mulia Hotel, Nusa Association)
Dua, Bali
Jefferies Dubai Conference Tuesday, November Jefferies
25, 2025 / Four
Seasons Resort, Dubai
Bob Tyasika Vice President Sharing Session Mandiri Board Forum Friday, May 09, 2025 PT Bank Mandiri
Ananta Director Q1 2025 / Auditorium, Plaza (Persero) Tbk
Theme: From Barriers to Mandiri 3rd Floor
Breakthroughs - Navigating Business
Growth Amidst Economic Dynamics
Keynote :
M. Chatib Basri - Anggota Dewan
Ekonomi Nasional
Solihin Jusuf Kalla - CEO KALLA Group
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Name Position Training Date/Place Organizer
Knowledge Sharing Forum (KSF) Wednesday, May 7, BSI Corporate
“Unlocking The Potential Of Bullion 2025 / Offline: The University
Business - Opportunities and Tower 6th Floor Opening Speech:
Challenges” Jakarta Mr. Bob Tyasika
Ananta, Plt. President
Director of PT Bank
Syariah Indonesia,
Tbk.
Speaker:
1. Mr. Ferry Irawan,
Deputy for
Coordination for
SOE Management
and Business
Development of the
Coordinating Ministry
for Economic Affairs
2. Mrs. Esti Sasanti,
Director of
Supervision of Bank
Sharia OJK
Mandiri Leadership Forum Thursday, May 22, PT Bank Mandiri
Theme : One Orschestrated Mandiri 2025 / Padma Hotel (Persero) Tbk
To Elevate Dominance Becoming The Ballroom, Semarang
Undisputed Industry Leader”
Keynote:
Chairul Tanjung - Founder & Chairman
CT Corp
Nico Baito - Special Envoy of
Seychelles
Top Executive Learning Program Friday, June 13, 2025 BSI Corporate
(TELP) Series 1 Year 2025 / Offline: Hybrid University
Tema : Bullion Bank Auditorium The Tower
Welcoming Speech : 6th Floor Jakarta
Mr. Anggoro Eko Cahyo - President
Director of PT Bank Syariah Indonesia
Tbk
Opening Speech:
Mr. Sonny Samuel - Global Market
Director UOB
Speaker:
Mr. Alan Liew Yong Wee - Head of
Bullion & Commodities Trading UOB
Singapore
DANANTARA Training Wednesday, DANANTARA
Program: Chief Business Development Agustusust 13, 2025 Indonesia
Executive Program (CBDO) 2025 / Offline: Auditorium PT Danantara
Session: Pre Class 3rd Floor, Wisma Asset Management
Danantara Indonesia (Persero)
Jakarta
DANANTARA Training Wednesday - Friday, DANANTARA
Program: Chief Business Development Agustusust 20-22, Indonesia
Executive Program (CBDO) 2025 2025 / Offline: INSEAD PT Danantara
Session: Global Class Session with Business School Asset Management
INSEAD Business School Campus Singapore (Persero)
ANNUAL REPORT 2025
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BOARD OF DIRECTORS
Name Position Training Date/Place Organizer
Top Executive Learning Program “The November 14, 2025 / BSI Corporate
Role of Leaders in Digital Banking Ballroom, 9th Floor, University
Business Transformation” Year 2025. BSI Tower
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
Kemas Erwan Retail Banking Investor Gathering: Sukuk May 5, 2025 / Jakarta PT Bank Syariah
Husainy* Director Mudharabah Based on Sustainability I Indonesia Tbk
of Bank BSI Phase II in 2025
KSF Bullion Banking May 7, 2025 / Jakarta PT Bank Syariah
Indonesia Tbk
Mandiri Leadership Forum 2025 May 21-24, 2025 / PT Bank Mandiri
Semarang (Persero) Tbk
Global Entrepreneurship Congress May 25, 2025 / Jakarta Kementrian PPN/
(GEC) Sestama Bappenas
BSI Risk Profile Orientation May 28, 2025 / Jakarta PT Bank Syariah
Indonesia Tbk
Consignment of Commission XI of May 29, 2025 / DPR RI
the House of Representatives with Denpasar
Himbara and BSI
Corporate Culture Orientation June 03, 2025 / Jakarta PT Bank Syariah
Indonesia Tbk
Shariah & Shariah Contract June 03, 2025 / Jakarta PT Bank Syariah
Introduction Orientation Indonesia Tbk
Good Corporate Governance, Fit & June 10, 2025 / Jakarta PT Bank Syariah
Proper Test Orientation Indonesia Tbk
Retail Strategi & Program Retail Close June 14, 2025 / Jakarta PT Bank Syariah
the GAP Workshop Indonesia Tbk
Risk Management Level 7 June 16, 2025 / Jakarta LSPKS
Basic Education in Sharia Banking June 23-24, 2025 / LPPI
(PDPS) Jakarta
International Halal Certification June 27, 2025 / JCC, PT Bank Syariah
Seminar : Trade Protecionism and Jakarta Indonesia Tbk
Indonesia Halal Certification Policy,
Indonesia Responses
Forum on Strengthening Business July 04, 2025 / Jakarta PT Bank Syariah
and Retail Productivity Through Indonesia Tbk
Funding & Transaction
Sharing Session and Sosialisasi July 22, 2025 / Jakarta PT Bank Mandiri
Strategic Account Squad (SAS) Team (Persero) Tbk
Consignment of Commission XI of July 22, 2025 / Jakarta DPR RI & BNI
the House of Representatives with
Himbara and BSI
Speaker at Acara BSI Scholarship August 13, 2025 / ITB
Bandung
Socialization of the Merah Putih August 14, 2025 / Aceh PT Bank Syariah
Village Cooperative Program in Aceh Indonesia Tbk
Workshop Green Zakat Framework August 27, 2025 / Baznas RI
Jakarta
BOD Greetings - in the Framework of September 04, 2025 / PT Bank Syariah
National Customer Day 2025 Jakarta Indonesia Tbk
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BOARD OF DIRECTORS
Name Position Training Date/Place Organizer
Becoming a Speaker at the September 18, 2025 / PT Bank Syariah
Retirement Debriefing Event with the Jakarta Indonesia Tbk &
Secretary General of the Ministry of Kemenag RI
Religion
Speaker at the Launching of September 22, 2025 / PT Bank Syariah
Cooperative Financing in Merah Putih Jakarta Indonesia Tbk
Village
Fit & Proper Test September 24, 2025 / OJK
Jakarta
Mass KPR Sejahtera FLPP Contract September 29, 2025 / Ministry of PKP
Signing for 20,000 Units and Symbolic Jakarta
Handover of House Keys
Speaker at the BOD Sharing Program October 6, 2025 / PT Bank Syariah
SDP Batch 7 Year 2025 Jakarta Indonesia Tbk
Speaker at the 2025 Islamic Boarding October 9, 2025 / Financial Services
School Business Forum (ISEF) Jakarta Authority
Speaker at the Business Deals Activity October 10, 2025 / Bank Indonesia
– Sharia Financing Month at ISEF 2025 Jakarta
Speaker at the PTMA Rector Forum October 16, 2025 / East Muhammadiyah
Event – Universitas Muhammadiyah Java Malang University
Malang
Speaker at the Public Lecture Agenda October 17, 2025 / East Muhammadiyah
of Universitas Muhammadiyah Malang Java Malang University
Speaker at the Internal Podcast on October 23, 2025 / PT Bank Syariah
Retail Banking & MSMEs BSI Jakarta Indonesia Tbk
Speaker at the Hall of Fame Event October 23, 2025 / PT Bank Syariah
(Awarding Q3) Jakarta Indonesia Tbk
CGPI Observation Year 2024–2025 October 24, 2025 / PT Bank Syariah
Jakarta Indonesia
Top Executive Learning Program “The November 14, 2025 / BSI Corporate
Role of Leaders in Digital Banking Ballroom, 9th Floor, University
Business Transformation” Year 2025. BSI Tower
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
Communication Day 2026 “Synergy December 24, 2025 / Marketting
for Growth: Aligning Communication Ballroom, 9th Floor, Communication
with Business Excellence” BSI Tower Group - PT Bank
Syariah Indonesia Tbk
Ade Cahyo Finance & Sharing Session Board Forum Q4 February 7, 2025 / R PT Bank Mandiri
Nugroho Strategy 2024. Hotel Rancamaya, (Persero) Tbk
Director Theme: Innovation & Collaboration to Bogor
Strengthen Business Resilience
Speakers:
1. Mr. Maruarar Sirait (Minister of
Housing and Settlement Areas of the
Republic of Indonesia)
2. Bapak Ignesjz Kemalawarta (Office
of the President - PT Sinar Mas Land)
Knowledge Sharing Forum (KSF) May 05, 2025 / BSI Corporate
Unlocking The Potential Of Bullion Auditorium The Tower University
Business: Opportunities And Lt. 6
Challenges
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS
Name Position Training Date/Place Organizer
Sharing Session Board Forum Q1 2025. May 09, 2025 / Plaza PT Bank Mandiri
Theme: From Barriers to Mandiri, Jakarta (Persero) Tbk
Breakthroughs - Navigating Business Speakers:
Growth Amidst Economic Dynamics 1. M. Chatib Basri
2. Solihin Jusuf Kalla
Top Executive Learning Program June 13, 2025 / BSI Corporate
(TELP) Series 1 Tahun 2025 Auditorium Fl. 6 The University
Tower
Sharing Bullion by OW & Wright July 30, 2025 / Online Corporate
Partner Development Group
– PT Bank Syariah
Indonesia Tbk
Knowledge Sharing Forum - United August 14, 2025 / BSI Corporate
and Sovereign Towards Indonesia Auditorium Fl. 6 The University
Emas Tower
Top Executive Learning Program “The November 14, 2025 / BSI Corporate
Role of Leaders in Digital Banking Ballroom, 9th Floor, University
Business Transformation” Year 2025. BSI Tower
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
Anton Sukarna Sales & Top Executive Learning Program “The November 14, 2025 / BSI Corporate
Distribution Role of Leaders in Digital Banking Ballroom, 9th Floor, University
Director Business Transformation” Year 2025. BSI Tower
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
Arief Adhi Compliance & TELP (Top Executive Learning June 13, 2025 / BSI Corporate
Sanjaya* Human Capital Program) - Series 1 Year 2025 Auditorium Lt.6, The University
Director Tower
Briefing Program for Qualification June 10-12, 2025 / The Asbisindo
Certification Scheme 7 Without Tower, Jakarta
Tiered in the Field of Banking Risk
Management
Certification of 7 Qualifications June 18, 2025 / The LSPKS
Without Tiered in the Field of Banking Tower, Jakarta
Risk Management
Basic Training in Islamic Banking June 23-24, 2025 / The LPPI
Tower, Jakarta
PDP - Sharia Compliance Executive July 2-3, 2025 / LPPI, BSI Corporate
Program Jakarta University
APU PPT & PPPSPM Training Program Agustus 14, 2025 / FKDKP
Level 7 Batch 1/2025 Online
Top Executive Learning Program “The November 14, 2025 / BSI Corporate
Role of Leaders in Digital Banking Ballroom, 9th Floor, University
Business Transformation” Year 2025. BSI Tower
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
MSDM Certification November 20, 2025 LSP
/ Hotel Sofyan Tebet
Jakarta
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BOARD OF DIRECTORS
Name Position Training Date/Place Organizer
Zaidan Novari Wholesale Top Executive Learning Program “The November 14, 2025 / BSI Corporate
Transaction Role of Leaders in Digital Banking Ballroom, 9th Floor, University
Banking Business Transformation” Year 2025. BSI Tower
Director
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
Grandis Helmi Risk Training of Banking Risk Management January 18, 2025 / Asbisindo dan BSI
Harumansyah Management Trainer Level 7 Jakarta Corporate University
Director
Became a speaker at the Sharing February 17, 2025 / KBUMN
Session of the BUMN Volunteer Derawan, Kalimantan
Service Program Batch VII Theme:
Company Transformation.
Participants: Approximately 20.
Become a Lecturer in the “Kapita April 15, 2025 / Depok Universitas Indonesia
Selekta Industry” Course FTUI
Seminar & Refreshment Management April 23, 2025 / Jakarta Asbisindo
Risiko Jenjang 7 dengan tema
Mengembangkan Sistem
Pengendalian Manajemen Risiko
terkait Implementasi Manajemen
Risiko Teknologi Informasi (IT Risk)
As a speakerat the 37th Alumni May 11, 2025 / Pidie Yayasan Teuku
Graduation Ceremony in 2025 with Jaya, Aceh Laksamana Haji
the theme “Building Entrepreneurial Ibrahim Dayah
Insights Based on the Circular Jeumala Amal
Economy that Rahmatan Lil Alamin”
Risk & Governance Summit 2025 August 19, 2025 / Financial Services
Jakarta Authority
Speaker of Business Series Club September 26, 2025 / Universitas Indonesia
Universitas Indonesia themed “How Jakarta
to Plan Your Career to Maximize Your
Potential in Corporate”
Seminar “Risk Appetite and Risk October 9, 2025 / Financial Services
Culture: Key Pillars in Strengthening Jakarta Authority
Risk Management in the Financial
Sector”
SMR Level 7 Sharia Refreshment October 31, 2025 / PT Bank Mandiri
Jakarta (Persero) Tbk
CNN Indonesia Awards 2025 October 31, 2025 / Ritz CNN
“Collaboration & Harmony in Carlton Jakarta
Achieving Goals for the Nation”
Excellence in Islamic Banking Risk
Governance & Resilience Category
Bank Indonesia International October 31, 2025 / Bali Bank Indonesia
Risk Management Seminar 2025
- Strengthening a Resilient and
Accountable Institution: Embedding
Governance, Financial, and
Operational Risk Management into
Digital Transformation
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS
Name Position Training Date/Place Organizer
Top Executive Learning Program “The November 14, 2025 / BSI Corporate
Role of Leaders in Digital Banking Ballroom, 9th Floor, University
Business Transformation” Year 2025. BSI Tower
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
Firman Treasury & Mandiri Leadership Forum May 22, 2025 / Padma PT Bank Mandiri
Nugraha* Internatioanal Tema : One Orschestrated Mandiri To Hotel Ballroom, (Persero) Tbk
Banking Elevate Dominance Becoming The Semarang
Director Undispute Industry Leader”
Keynote:
Chairul Tanjung - Founder & Chairman
CT Corp
Nico Baito - Special Envoy of
Seychelles
Top Executive Learning Program - June 13, 2025 / The BSI Corporate
Series 1 Year 2025 Tower Lt. 6 University
Basic Training in Islamic Banking June 23-24, 2025 / The BSI Corporate
Tower Lt.7 University
Risk Management Training Level 7 July 02, 2025/The Bank Syariah
Tower Lt. 7 Indonesia University
Knowledge Sharing Forum - Bersatu 14 Agustus 2025 / BSI Corporate
dan Berdaulat Menuju Indonesia Auditorium The Tower University
Emas Lt. 6
Observation CGPI Tahun 2024-2025 24 Oktober 2025 / BSI Corporate
Ballroom Lt. 9 BSI University
Tower
Top Executive Learning Program “The November 14, 2025 / BSI Corporate
Role of Leaders in Digital Banking Ballroom, 9th Floor, University
Business Transformation” Year 2025. BSI Tower
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
Muharto* Information Risk Management Training Level 7 June 18 & 20, 2025 / LPPI
Technology The Tower Lt. 7
Director
TELP: Bullion Bank “The June 13, 2025 / The BSI Corporate
Comprehensive Approach to Tower 7th Floor University
Leveraging Strategic Banking Position
and National Economic Growth”
Basic Islamic Banking Training June 23-24, 2025 / The LPPI
Tower 7th Floor
Top Executive Learning Program “The November 14, 2025 / BSI Corporate
Role of Leaders in Digital Banking Ballroom, 9th Floor, University
Business Transformation” Year 2025. BSI Tower
Speaker: Mr. Jahja Setiatmadja
(President Commissioner of BCA)
*) Effective appointment in accordance with the resolution of the Annual GMS held on 16 May 2025.
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BOARD OF DIRECTORS
Orientation Program for New Board of Directors
The Directors, who have been appointed in the GMS, must follow the orientation program coordinated
by the Corporate Secretary. The orientation program is carried out by delivering materials related to the
Bank, including:
1. Introduction to the Bank’s Vision and Mission
2. Corporate Plan
3. Bank Business Plan
4. Company Work Plan and Budget
5. Introduction to Islamic Banking
6. Risk Management
7. Corporate Governance
8. Introduction to Bank Culture
The implementation of the orientation program for the new Directors had been carried out as follows.
No. Date Agenda Group Speaker Venue
1. May 26, 2025 Corporate Plan CTO Mr. Aji Wibowo
2. May 28, 2025 Risk Profile BSI ERM Mr. Agus Setiyo Budi
3. June 2, 2025 Bank Business Plan SPM Mr. Diaz Hartadi
The Tower 7th Floor,
Corporate Culture Meeting Room of the
Mr. Peby Elan Surya
4. June 4, 2025 Introduction of Sharia & BSU Board
Diningrat
Sharia Akad
Good Corporate Governance,
5. June 11, 2025 CPG Ms. Rosalina Dewi
Fit & Proper Test
Implementation of The Board of Directors’ BOARD OF DIRECTORS PERFORMANCE
Duties ASSESSMENT
During 2025, the Board of Directors has carried out
duties and responsibilities, including: Board of Directors’ Performance Assessment
Procedures
1. Conducted the GMS, consisting of 1 (one) The performance assessment of the Board
Annual GMS and 1 (one) Extraordinary GMS. of Directors is conducted by the Board of
2. Prepared the Company’s Long-Term Plan Commissioners with the assistance of the
(RJPP), Bank Business Plan (RBB), Company Remuneration and Nomination Committee. The
Work Plan and Budget (RKAP), Sustainable results of review are used as a basis for determining
Finance Action Plan (RAKB), and other work the number of bonuses (tantiem) for the Board of
plans. Directors, which will be further submitted to the
3. Prepared the Annual Report, Financial GMS.
Statements, and Sustainability Report.
4. Ensured that the Bank’s accounting system Board of Directors’ Performance Assessment
complied with financial accounting standards Criteria
and internal control principles, particularly in The performance assessment of the Board of
terms of financial management, recording, Directors is based on the achievement of Key
deviations, and supervision. Performance Indicators (KPI). The KPIs for 2025
5. Conducted internal Board of Directors include:
meetings and meetings with related groups. 1. Financial Perspective
6. Ensured the adequacy of processes and 2. Customer Perspective
systems to identify, assess, and control risks 3. Internal Process Perspective
faced by the Bank. 4. People Development Perspective
7. Established the organizational structure,
duties, and clearly defined responsibilities,
including the appointment of management.
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
BOARD OF DIRECTORS
Assessors
The performance assessment of the Board of Directors is carried out by the Board of Commissioners with
the assistance of the Remuneration and Nomination Committee and then submitted to the GMS.
December 2025
No. KPI Weight Target Description Nature
Realization Target Achievement Score
1 ROE 15% 16.91% Return on Equity Max 16.85% 16.91% 99.67% 14.95
(Return on December 2025
Equity)
2 BSI Net 15% Rp7,495 M Profit after tax and Max Rp7,568 M Rp7,495 M 100.96% 15.14
Profit zakat
3 Bank Health 15% 2 Composite Rating of Min 2 2 100.00% 15.00
Rating Rank Bank Health Level
4 Financing 10% Rp310,366 M BSI Financing Max Rp318,844 M Rp310,366 M 102.73% 10.27
December 2025
5 CoF 15% 2.64% Cost of Fund Min 2.58% 2.64% 102.16% 15.32
December 2025
6 Third Party 10% Rp348,855 M BSI Third Party Max Rp380,488 M Rp348,855 M 109.07% 10.91
Funds Funds December
2025
7 Earning Per 10% Rp440 Net profit/employee Max Rp465 Rp440 105.64% 10.56
Employee Million/ Million/ Million/
Employee Employee Employee
8 Strategic 10% 100.00% Deliverables in Max 100% 100% 100.00% 10.00
Initiatives accordance with
2025 2025 timeline
TOTAL 100% 102.16
Performance Assessment of Committees As part of the internal evaluation framework, the
Under the Board of Directors and the Basis for performance of Committees under the Board
Assessment of Directors is assessed on an annual basis. The
In carrying out its respective duties and assessment is conducted based on criteria covering
responsibilities, the Board of Directors is assisted the execution of duties and the effectiveness of
by 7 (seven) Committees, consisting of: meetings held by each Committee throughout
the financial year.
1. Risk Management Committee
2. Information Technology & Digital Banking Based on the Board of Directors’ evaluation, all
Steering Committee Committees under the Board of Directors in
3. Policy & Procedure Committee 2025 have effectively carried out their duties and
4. Business Committee responsibilities in accordance with applicable
5. Human Resources Committee provisions.
6. Asset and Liability Committee
7. Steering Committee Crisis Management *) Effective as of 2026
8. Product Committee*
9. Policy & Financing Committee*
Since 23 December 2025, there has been the
addition of 2 (two) committees under the Board of
Directors, namely the Product Committee and the
Financing Policy Committee.
1. Product Committee*
2. Policy & Financing Committee*
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COMMITTEES OF
THE BOARD OF DIRECTORS
The Risk Management Committee is established to assist the President Director in performing the control
function through discussions on risk appetite, methodologies, and the formulation of strategies related
to the implementation of risk management.
Risk Management Committee Work Guidelines
In performing its duties, the Risk Management Committee refers to the Decree of the Board of Directors
No. 05/826-KEP/DIR dated December 23, 2025, concerning the Risk Management Committee of PT Bank
Syariah Indonesia Tbk, which regulates, among others:
1. Organizational Structure of the Committee
2. Duties, Authorities, and Responsibilities of the Committee
3. Risk Management Committee Procedures
4. Duties, Authorities, and Responsibilities of Working Group of the Risk Management Committee
5. Closing
Membership Structure of the Risk Management Committee
Function Executives
Chairman Risk Management Director
Vice Chairman Finance & Strategy Director
Secretary Enterprise Risk Management
1. Risk Management Director
2. Finance & Strategy Director
3. Wholesale Transaction Banking Director
4. Retail Banking Director/Consumer Product Solution SEVP
Permanent Member - Voting 5. Sales & Distribution Director/Funding Transaction SEVP
Member 6. Information Technology Director/IT Development & Operations SEVP
7. Treasury & International Banking Director
8. Wholesale Risk SEVP
9. Retail & Consumer Risk SEVP
10. Operations SEVP
Permanent Member - Non-Voting Compliance & Human Capital Director/Group Head Compliance
Member
Director/SEVP Speaker
Non-Permanent – Voting Member
Director/SEVP related to the material
1. Group Head/Equivalent Official of Speaker
Contributing – Non-Voting Member
2. Group Head/Equivalent Official related to Material
Invitee SEVP/Group Head Internal Audit
Risk Management Committee Profiles
The profiles of the Committee members from both the Board of Directors and SEVPs are presented in
the Company Profile chapter under the Profile of the Directors section and the Profile of Executives One
Level Below the Board of Directors in this Annual Report.
Risk Management Committee Independence
All Committee members have no affiliation with other Directors, Commissioners, or the Controlling
Shareholder, are not shareholders of the Company that could influence their ability to act independently,
and are not Commissioners, Directors, or employees of companies that have affiliations or business
relationships with the Company.
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Risk Management Committee Training
Training for Committee members who are part of the Board of Directors is presented in the subsection
on Training and/or Competency Development of Members of the Board of Directors in the Corporate
Governance chapter of this Annual Report.
Risk Management Committee Duties and Responsibilities
The Risk Management Committee (RMC) is authorized and responsible for providing recommendations
to the President Director, namely:
1. Monitoring and determining the Bank’s soundness level, including the risk profile and its measurement
methodology on a periodic basis.
2. Establishing an integrated risk management strategy, including capital management, contingency
plans, and the risk appetite statement along with risk appetite thresholds, risk tolerance, and other
risk limits.
3. Improving the implementation of risk management periodically or incidentally as a follow-up to
changes in internal and external conditions that affect the adequacy of capital and the Bank’s risk
profile.
4. Determining matters related to business decisions that involve special conditions (such as decisions
to exceed significant business expansion compared to the Bank’s established business plan).
5. Delegating authority to designated officials to decide and implement operational matters.
Risk Management Committee Meetings and Duties Implementation
Throughout 2025, the Risk Management Committee held a total of 7 (seven) meetings. The meeting
dates and agendas are presented as follows.
Meetings and Implementation of the Risk Management Committee’s Duties
No. Date Agenda
1. January 20, 2025 Determination of BSI’s Soundness Level as of 31 December 2024
2. April 16, 2025 Risk Profile, Portfolio Guideline and Risk Appetite Statement (RAS)
3. June 5, 2025 Updating of the Risk Based Bank Rating (RBBR)
4. July 18, 2025 Bullion Bank Limit 2025
Assessment of BSI’s Risk Profile as of 30 September 2025, Updating of the Portfolio
5. October 13, 2025 Guideline, Evaluation of Trading Limits and Evaluation of Gold Business Risk
Management
6. November 24, 2025 Updating of the Risk Based Bank Rating (RBBR) Methodology
7. December 22, 2025 Updating of Market Risk and Liquidity Risk Limits
INFORMATION TECHNOLOGY & DIGITAL BANKING STEERING COMMITTEE
The Information Technology & Digital Banking Steering Committee (IT & Digital Banking Steering
Committee) is established to assist the Board of Directors in determining strategic plans in information
technology, IT budgeting, the designation of strategic IT projects, and IT security. The execution of the
Committee’s duties and responsibilities refers to the provisions of the prevailing laws and regulations.
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COMMITTEES OF THE BOARD OF DIRECTORS
IT & Digital Banking Steering Committee Work Guidelines
In performing its duties, the IT Steering Committee refers to the Decree of the Board of Directors No.
05/827-KEP/DIR dated December 23, 2025 concerning IT & Digital Banking Steering Committee.
Membership Structure of the IT & Digital Banking Steering Committee
Function Executives
Chairman President Director
1. Vice President Director
Vice Chairman
2. Information Technology Director
Secretary IT Strategic Planning
1. President Director
2. Vice President Director
3. Information Technology Director
4. Risk Management Director
Permanent Voting Member
5. Finance & Strategy Director
6. Digital Banking SEVP
7. Operations SEVP
8. IT Development & Operations SEVP
Permanent Non Voting Member Compliance & Human Capital Director/ Group Head Compliance Group
1. Director/SEVP Speaker
Non Permanent Voting Member
2. Director/SEVP related to the material
1. Group Head/Equivalent Official of Speaker
Contributing Non Voting Member
2. Group Head/Equivalent related to the material
Invitee SEVP/Group Head Internal Audit
IT & Digital Banking Steering Committee Profiles IT & Digital Banking Steering Committee Duties
The profiles of the Committee members from both and Responsibilities
the Board of Directors and SEVPs are presented in The IT Steering Committee is a committee
the Company Profile chapter under the Profile of consisting of members of the Board of Directors
the Directors section and the Profile of Executives and/or SEVPs, with the following duties, authorities,
One Level Below the Board of Directors in this and responsibilities:
Annual Report. 1. Establishing the IT Strategic Plan in alignment
with and in support of the Bank’s overall
IT & Digital Banking Steering Committee business strategic plan.
Independence 2. Establishing a strategic reference framework
All Committee members have no affiliation for managing IT Resources and evaluating
with other Directors, Commissioners, or the the adequacy and allocation of the Bank’s IT-
Controlling Shareholder, are not shareholders of related resources.
the Company that could influence their ability to 3. Establishing IT & Digital security strategies, risk
act independently, and are not Commissioners, management for IT usage, and action plans for
Directors, or employees of companies that have IT & Digital projects.
affiliations or business relationships with the 4. Monitoring the implementation of IT projects
Company. in accordance with the IT strategic plan and IT
budget.
IT & Digital Banking Steering Committee 5. Determining IT priorities and budget allocation.
Training 6. Evaluating the effectiveness of IT costs against
Training for Committee members who are part the planned benefits.
of the Board of Directors is presented in the 7. Deciding and providing direction related to the
subsection on Training and/or Competency planning, development, issues, and strategic
Development of Members of the Board of changes of IT systems.
Directors in the Corporate Governance chapter of 8. Delegating authority to designated officials to
this Annual Report. decide and implement operational IT matters.
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9. Monitoring IT performance and efforts to improve IT performance.
10. Providing recommendations related to IT policies and standard procedures.
IT & Digital Banking Steering Committee Meetings and Duties Implementation
Throughout 2025, the IT & Digital Banking Steering Committee held a total of 4 (four) meetings. The
meeting dates and agendas are presented as follows.
Meetings and Implementation of the IT & Digital Banking Steering Committee’s Duties
No. Date Agenda
1. January 14, 2025 2024 Project Report & Proposed Strategic IT Budget for 2025
2. October 20, 2025 Changes to Initiatives and Changes to the Strategic IT Budget for 2025
Request for IT Steering Committee Approval for the Update of Strategic IT Initiative
3. October 27, 2025
Project for the Bullion Project
Request for IT Steering Committee Approval of the Information Technology Strategic
4. November 27, 2025
Plan of PT Bank Syariah Indonesia Tbk for the period 2026–2030
POLICY & PROCEDURE COMMITTEE
The Policy & Procedure Committee (PPC) is a Committee comprising members of the Board of Directors
and/or SEVPs, authorized to recommend and/or establish Policies and Procedures, including product
provisions and/or other provisions that do not fall within the scope of other Committees under the Board
of Directors.
Policy & Procedure Committee Work Guidelines
In carrying out its duties, the Policy & Procedure Committee refers to the Board of Directors Decree No.
05/832-KEP/DIR dated 23 December 2025 concerning the Policy & Procedure Committee of PT Bank
Syariah Indonesia Tbk, which stipulates, among others:
1. Committee Organizational Structure
2. Duties, Authorities and Responsibilities of the Committee and Working Group Policy & Procedure
3. Rules of Conduct
4. Decision-Making Mechanism
5. Committee Decisions
6. Closing
The regulation and updating of provisions related to the hierarchy, preparation, administration and
dissemination of policies and procedures to support governance and strengthen the prudential principles
refer to the Standard Procedure for Controlling the Development of Policies and Procedures of PT Bank
Syariah Indonesia Tbk.
Membership Structure of the Policy & Procedure Committee
Function Executives
Chairman Risk Management Director
Vice Chairman Compliance & Human Capital Director
Secretary The function of the Committee Secretariat is carried out by the Chairman of
the Working Group of the Committee
Permanent Member - Voting 1. Risk Management Director
Member 2. Compliance & Human Capital Director
Permanent Member – Non-Voting Group Head Compliance
Member
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Non-Permanent – Voting Member 1. Director / SEVP Speaker
2. Director / SEVP related to the material
3. SEVP Operations*
Contributing – Non-Voting Member 1. Group Head/Equivalent Official of Speaker, and
2. Group Head/Equivalent related to the material
Invitee SEVP / Group Head Internal Audit
* Specifically the Bank’s provisions related to the scope of operations.
Structure of Working Group Policy & Procedure Membership
The Working Group Policy & Procedure Committee is a working group established by the Board of
Directors and composed of the relevant Group Heads or equivalent positions. The Working Group is
tasked with assisting the Policy & Procedure Committee in supporting the Committee in formulating
proposals submitted by work units into recommendations to be decided by the Committee in Committee
meetings.
Composition of Members of the Policy & Procedure Committee
1. Organizational of Working Group Policy & Procedure Committee is as follows:
Chairman Group Head Policy & Procedure
Secretary The secretariat function is carried out by the Work Unit that serves as
the Chair of the Working Group Committee.
Permanent Member - Voting 1. Group Head Policy & Procedure
Member 2. Group Head Enterprise Risk Management
3. Group Head Risk (Risk Taking Unit)*
4. Group Head Compliance
5. Group Head Unit Bisnis Terkait*
6. Group Head Legal
Non Voting Member Group Head/Equivalent as Presenter and/or other Group Heads
relevant to the subject matter.
Invitee Group Head/ Internal Audit Officer
*) The attendance is determined by the Chairman of Working Group in accordance with the type of activity and/or financing segment.
Risk Units (Risk Taking Units) consist of the following: IT & Fraud Risk Unit, Commercial Risk Unit, Corporate Risk Unit, SME & Micro Risk Unit, and
Consumer Risk Unit.
2. The Chairman of Working Group has the authority to determine the work units to be invited to
discussion meetings or involved in proposal submissions, in accordance with the scope of duties and/
or business segments that constitute the subject of the discussion.
Policy & Procedure Committee Profiles
The profiles of the Committee members from both the Board of Directors and SEVPs are presented in
the Company Profile chapter under the Profile of the Directors section and the Profile of Executives One
Level Below the Board of Directors in this Annual Report.
Policy & Procedure Committee Independence
All Committee members have no affiliation with other Directors, Commissioners, or the Controlling
Shareholder, are not shareholders of the Company that could influence their ability to act independently,
and are not Commissioners, Directors, or employees of companies that have affiliations or business
relationships with the Company.
Policy & Procedure Committee Training
Training for Committee members who are part of the Board of Directors is presented in the subsection
on Training and/or Competency Development of Members of the Board of Directors in the Corporate
Governance chapter of this Annual Report.
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COMMITTEES OF THE BOARD OF DIRECTORS
Policy & Procedure Committee Duties and Authority
The duties, authorities, and responsibilities of the Policy & Procedure Committee are as follows:
1. Discussing and recommending adjustments and/or updates to the Bank’s Policies and Procedures.
2. Establishing updates to the Company’s procedures that fall outside the scope of Policies and
Procedures under the responsibility of other Committees under the Board of Directors.
Meetings and Duties Implementation of Policy & Procedure Committee
The implementation of duties of the Policy & Procedure Committee during 2025 included the
establishment of Bank regulations through a circular mechanism, totaling 689 regulations, consisted of
15 Policies, 132 Product Manuals (MP), 122 Standard Procedures (SP), and 420 Technical Guidelines. The
decision-making mechanism of the Policy & Procedure Committee may be carried out through meeting
forums, circulation, or other mechanisms, provided that the quorum requirements of participants are
fulfilled.
Meetings and Implementation of the Policy & Procedure Committee’s Duties
New Rules Sub Revision of Rules Sub Grand
Type of Rules
Total Total Total
BUS FTD RFD WFD BUS FTD RFD WFD
Policy 0 12 1 0 2 15 15
Product
1 8 10 4 23 0 23 57 29 109 132
Manual
Standard
4 1 1 0 6 42 16 20 38 116 122
Procedures
Technical
13 6 2 5 26 179 76 68 71 394 420
Mandual
Sub Total 18 15 13 9 55 233 116 145 140 634 689
Total New Rules 55 Revision of Rules 634 689
Note:
BUS : Business Support RFD : Retail Funding
FTD : Funding & Transaction Digital WFD : Wholesale Financing
BUSINESS COMMITTEE
The Business Committee was established to assist the Board of Directors/SEVP in carrying out
functions to determine the Bank’s integrated business strategy and development, as well as marketing
communication strategy and effectiveness.
Business Committee Work Guidelines
The Business Committee work guidelines refer to the Decree of the Board of Directors No. 05/832-KEP/
DIR dated December 23, 2025 concerning the Business Committee which regulates, among others:
1. Organizational Structure of the Committee
2. Duties, Authorities, and Responsibilities of the Committee
3. Business Committee Rules of Conduct
4. Duties, Authorities, and Responsibilities of Business Committee Working Group
5. Closing
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COMMITTEES OF THE BOARD OF DIRECTORS
Membership Structure of the Business Committee
Function Executives
Chairman President Director
Vice Chairman Vice President Director
1. Transaction Banking Wholesale
Secretary
2. Retail Deposit Solution
1. President Director
2. Vice President Director
3. Wholesale Transaction Banking Director
Permanent Member - Voting 4. Retail Banking Director/Consumer Product Solution SEVP
Member 5. Sales & Distribution Director/Funding & Transaction SEVP
6. Risk Management Director/Wholesale Risk SEVP / Retail & Consumer
Risk SEVP
7. SEVP Operations
Permanent Member - Non Voting Compliance & Human Capital Director
Member
1. Director / SEVP Speaker
Non Permanent – Voting Member
2. Director / SEVP related to the material
1. Group Head/Equivalent Official of Speaker
Contributing – Non Voting Member
2. Group Head/Equivalent Official related to material
Invitee SEVP / Group Head Internal Audit
Business Committee Profiles
The profiles of the Committee members from both the Board of Directors and SEVPs are presented in
the Company Profile chapter under the Profile of the Directors section and the Profile of Executives One
Level Below the Board of Directors in this Annual Report.
Business Committee Independence
All Committee members have no affiliation with other Directors, Commissioners, or the Controlling
Shareholder, are not shareholders of the Company that could influence their ability to act independently,
and are not Commissioners, Directors, or employees of companies that have affiliations or business
relationships with the Company.
Business Committee Training
Training for Committee members who are part of the Board of Directors is presented in the subsection
on Training and/or Competency Development of Members of the Board of Directors in the Corporate
Governance chapter of this Annual Report.
Business Committee Duties, and Authority
The Business Committee is authorized and responsible for the following:
1. Evaluating and determining the Company’s business strategy.
2. Discussing and determining integrated business development, including risk exposure limits and
supporting infrastructure and facilities.
3. Discussing and determining the business strategy that becomes the Company’s focus, including
through the Company’s anchor clients.
4. Monitoring and evaluating the performance results of business strategy initiatives/projects.
5. Discussing and resolving strategic business issues, including alliances among the Company’s Work
Units and alliances with the parent company and sister companies.
6. Delegating authority to designated officials to decide and implement operational business matters.
7. Communicating and ensuring that all Committee determinations/decisions are implemented in
accordance with the decisions to all relevant internal parties of the Company.
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COMMITTEES OF THE BOARD OF DIRECTORS
Meetings and Duties Implementation of Business Committee
Throughout 2025, the Business Committee held a total of 17 meetings. The meeting dates and agendas
are presented as follows.
Meetings and Implementation of the Business Committee’s Duties
No. Tanggal Agenda
1 March 10, 2025 Sinarmas Limit Management
2 March 11, 2025 Determination of Anchor Client and Management Limit for Brantas Group
3 March 18, 2025 RPPB March 2025
4 March 20, 2025 Pertamina Group Limit Management
5 March 21, 2025 Salim Group Limit Management
6 March 21, 2025 Jasa Marga Group Limit Management
7 April 28, 2025 Proposal for Additional Sukuk Bank Indonesia Ceiling Limit (SUKBI) and the
Establishment of a Foreign Currency Sukuk Bank Indonesia Ceiling Limit (SUVBI)
under the Trading Classification
8 April 30, 2025 Proposal for the Determination of Underlying Financing for the Issuance of
Sustainable Mudharabah Sukuk I PT Bank Syariah Indonesia Tbk Phase II
9 May 19, 2025 PLN Group Limit Management
10 June 25, 2025 RPPB June 2025
11 September 01, 2025 Limit Management for Astra Group 2025
12 September 01, 2025 Limit Management for Telkom Group 2025
13 September 26, 2025 Minutes of RPPB September 2025
14 October 31, 2025 Minutes of RPPB 2025
15 November 18, 2025 Minutes of RPPB 2025
16 December 31, 2025 Limit Management for Medco 2025
17 December 31, 2025 Limit Management for Sungai Budi 2025
PRODUCT COMMITTEE
The Product Committee was established to assist the Board of Directors/SEVP in carrying out functions
related to determining the Bank’s product strategy and development by identifying flagship products &
services/activities, as well as strategies and the effectiveness of marketing communication.
Product Committee Work Guidelines
The work guidelines of the Product Committee refer to the Board of Directors Decree No. 05/829A-KEP/
DIR concerning the Product Committee, which stipulates, among others:
1. Committee Organizational Structure
2. Duties, Authorities and Responsibilities of the Committee
3. Rules of Conduct of the Product Committee
4. Duties, Authorities and Responsibilities of Working Group Product Committee
5. Closing
This decision is effective as of the date of its stipulation, with effective implementation starting in 2026.
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COMMITTEES OF THE BOARD OF DIRECTORS
Membership Structure of the Product Committee
Function Executives
Chairman Vice President Director
Secretary 1. Transaction Banking Wholesale
2. Retail Deposit Solution
Permanent Member - Voting Member 1. Vice President Director
2. Direksi/SEVP Risk Management
3. Direksi/SEVP Business Unit Pengelola Product
4. Direksi/SEVP Business Unit Pengguna Product
Permanent Member - Non Voting Member Compliance & Human Capital Director / Group Head Compliance
Non Permanent – Voting Member 1. Director / SEVP Speaker
2. Director / SEVP related to the material
Contributing – Non Voting Member 1. Group Head/Equivalent Official of Speaker
2. Group Head/Equivalent Official related to material
Invitee SEVP / Group Head Internal Audit
Product Committee Profiles & Procedure Committee and the applicable
The profiles of the Committee members from both implementing provisions.
the Board of Directors and SEVPs are presented in 2. Discussing, evaluating, and discontinuing
the Company Profile chapter under the Profile of products that are no longer appropriate.
the Directors section and the Profile of Executives 3. Delegating authority to designated officials to
One Level Below the Board of Directors in this decide and implement operational business
Annual Report. matters.
4. Communicating and ensuring that all
Product Committee Independence Committee determinations/decisions are
All Committee members have no affiliation implemented in accordance with the decisions
with other Directors, Commissioners, or the to all relevant internal parties of the Company.
Controlling Shareholder, are not shareholders of
the Company that could influence their ability to CREDIT POLICY COMMITTEE
act independently, and are not Commissioners,
Directors, or employees of companies that have The Financing Policy Committee was established
affiliations or business relationships with the to assist the President Director in carrying out the
Company. control function over the Bank’s financing policies.
Product Committee Training Financing Policy Committee Charter
Training for Committee members who are part The charter of the Financing Policy Committee
of the Board of Directors is presented in the refers to Board of Directors Decree No. 05/833-KEP/
subsection on Training and/or Competency DIR concerning the Financing Policy Committee
Development of Members of the Board of (Credit Policy Committee), which regulates,
Directors in the Corporate Governance chapter of among others:
this Annual Report. 1. Committee Organizational Structure
2. Duties, Authorities, and Responsibilities of the
Product Committee Duties, and Authority Committee
The Product Committee is authorized and 3. Financing Policy Committee Rules of Conduct
responsible for the following: 4. Duties, Authorities, and Responsibilities of the
1. Discussing and determining product Financing Policy Committee Working Group
development, tariffs, and related procedures. 5. Closing
The mechanism for formulating policies and
procedures related to the Company’s products This decision is effective as of the date of its
refers to the authority regulated in the Board stipulation, with effective implementation starting
of Directors Decree concerning the Policy in 2026.
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COMMITTEES OF THE BOARD OF DIRECTORS
Membership Structure of the Credit Policy Committee
Function Executives
Chairman President Director
1. Vice President Director
Vice Chairman
2. Risk Management Director
Secretary Group Head Enterprise Risk Management *)
1. President Director
2. Vice President Director
3. Risk Management Director
4. Wholesale Transaction Banking Director
Permanent Member - Voting
5. Retail Banking Director
Member
6. Sales & Distribution Director
7. Operations SEVP
8. Wholesale Risk/Retail & Consumer Risk SEVP
9. Consumer Product Solution SEVP
Permanent Member - Non Voting Compliance & Human Capital Director / Group Head Compliance
Member
1. Director / SEVP Speaker
Non Permanent – Voting Member
2. Director / SEVP related to the material
1. Group Head/Equivalent Official of Speaker
Contributing – Non Voting Member
2. Group Head/Equivalent Official related to material
Internal Audit SEVP or Group Head Directorate Internal Audit who is
Invitee present or Official of the Directorate Internal Audit as a permanent invitee
without voting rights.
*) The Enterprise Risk Management Work Unit coordinates with the Human Capital Business Partner to add employees as PIC Secretary of the Financing
Policy Committee
Credit Policy Committee Profiles Credit Policy Committee Duties, and Authority
The profiles of the Committee members from both The Financing Policy Committee is authorized and
the Board of Directors and SEVPs are presented in responsible for:
the Company Profile chapter under the Profile of 1. Monitoring and evaluating developments, risk
the Directors section and the Profile of Executives exposure limits, and the overall quality of the
One Level Below the Board of Directors in this financing portfolio.
Annual Report. 2. Supervising the implementation of the
Financing Policy and formulating solutions
Credit Policy Committee Independence in the event of obstacles or constraints in its
All Committee members have no affiliation implementation, as well as conducting periodic
with other Directors, Commissioners, or the reviews of the Financing Policy and providing
Controlling Shareholder, are not shareholders of recommendations to the Board of Directors if
the Company that could influence their ability to changes or improvements are required.
act independently, and are not Commissioners, 3. Monitoring and evaluating the proper
Directors, or employees of companies that have implementation of financing decision-making
affiliations or business relationships with the authority, the financing approval process,
Company. development, and the quality of financing
provided to related parties of the Bank and
Credit Policy Committee Training certain large debtors.
Training for Committee members who are part 4. Monitoring and evaluating the proper
of the Board of Directors is presented in the implementation of BMPD provisions,
subsection on Training and/or Competency compliance with applicable laws and
Development of Members of the Board of regulations and other regulations in the
Directors in the Corporate Governance chapter of implementation of financing provision, as well
this Annual Report. as the resolution of non-performing financing
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COMMITTEES OF THE BOARD OF DIRECTORS
in accordance with the provisions stipulated in Human Capital Committee Work Guidelines
the Financing Policy. The Human Capital Committee work guidelines
5. Ensuring and evaluating the Bank’s efforts to refer to the Decree of the Board of Directors
fulfill the adequacy of allowance for financing No. 05/831-KEP/DIR dated December 23, 2025
losses. concerning the Human Capital Committee which
regulates, among others:
1. Organizational Structure of the Committee
HUMAN CAPITAL COMMITTEE 2. Duties, Authorities, and Responsibilities of the
Committee
The Human Capital Committee (HCC) is 3. Human Capital Committee Rules of Conduct
established to assist the Board of Directors in 4. Duties, Authorities, and Responsibilities of
carrying out functions related to Human Capital Human Capital Committee Working Group
management, development, and policies aligned 5. Closing
with the Company’s vision, mission, and strategy,
as well as in handling employment-related cases.
Membership Structure of the Human Capital Committee
Function Executives
Chairman President Director
1. Vice President Director
Vice Chairman
2. Compliance & Human Capital Director
Secretary Human Capital Strategy & Policy
1. President Director
2. Vice President Director
Permanent Member - Voting 3. Compliance & Human Capital Director
Member 4. Finance & Strategy Director
5. Sales & Distribution Director
6. Risk Management Director
1. Director / SEVP Speaker
Non Permanent – Voting Member
2. Director / SEVP related to the material
1. Group Head/Equivalent Official Pof Speaker
Contributing – Non Voting Member
2. Group Head/Equivalwnt related to the material
Invitee SEVP / Group Head Internal Audit
Human Capital Committee Profiles
The profiles of the Committee members from both the Board of Directors and SEVPs are presented in
the Company Profile chapter under the Profile of the Directors section and the Profile of Executives One
Level Below the Board of Directors in this Annual Report.
Human Capital Committee Independence
All Committee members have no affiliation with other Directors, Commissioners, or the Controlling
Shareholder, are not shareholders of the Company that could influence their ability to act independently,
and are not Commissioners, Directors, or employees of companies that have affiliations or business
relationships with the Company.
Human Capital Committee Training
Training for Committee members who are part of the Board of Directors is presented in the subsection
on Training and/or Competency Development of Members of the Board of Directors in the Corporate
Governance chapter of this Annual Report.
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COMMITTEES OF THE BOARD OF DIRECTORS
Human Capital Committee Duties and Managers and Senior Executive Vice
Responsibilities Presidents.
The duties, authorities, and responsibilities of the c. The granting of performance-based
Human Capital Committee are as follows: incentives (bonuses) for 2025.
1. Formulating Human Capital strategies and 3. Approved updates to the Company’s culture
policies, including corporate culture as well as and core values.
compensation and benefits. 4. Approved Talent and Succession Management
2. Determining allocation of development initiatives, including:
budgets. a. The Promotion Cycle policy and its
3. Discussing and recommending policies and implementation.
establishing the Human Capital Management b. Talent classification assessments for
Operating System. Senior Managers and Senior Executive Vice
4. Determining strategic directions and policies Presidents.
for the Human Capital management operating c. The fulfilment and mobility of Senior
system, including corporate culture and values. Managers.
5. Determining strategic direction for the Human d. The fulfilment and mobility of Senior
Capital Information System Development. Executive Vice Presidents.
6. Establishing and developing the organisational
structure in line with the Bank’s business needs.
7. Establishing individual performance ASSET AND LIABILITY COMMITTEE
management and rewards, talent and
succession management, and employee The Asset and Liabilities Committee or Asset &
relations. Liabilities Committee (ALCO) was established
8. Discussing and resolving strategic Human to assist the Board of Directors in carrying out
Capital management issues. the control function through the determination
of strategies related to the management of the
Meetings and Duties Implementation of the Company’s assets and liabilities.
Human Capital Committee
During 2025, the Human Resources Committee Asset and Liabilities Committee Work Guidelines
carried out its duties, including: The Board of Directors Decree of PT Bank
1. Approved the 2025 Compensation and Benefits Syariah Indonesia Tbk No. 05/828-KEP/DIR dated
Policy, including the implementation of the December 23, 2025 regulates, among others:
Annual Salary Increment. 1. The Committee’s organizational structure.
2. Approved the 2025 individual Performance 2. The Committee’s duties, authorities, and
Management and Rewards framework, responsibilities.
including: 3. Asset & Liabilities Committee Rules of Conduct.
a. The normal distribution of employee 4. The duties, authorities, and responsibilities
performance ratings. of the Asset & Liabilities Committee Working
b. The performance evaluation of Senior Group.
Membership Structure of Asset and Liability Committee
Function Executives
Chairman President Director
1. Vice President Director
Vice Chairman
2. Treasury & Internasional Banking Director
Secretary Treasury & Global Market
1. President Director
1. Vice President Director
Permanent Member - Voting
2. Treasury & International Banking Director
Member
3. Finance & Strategy Director
4. Risk Management Director/Wholesale Risk SEVP/Retail & Consumer Risk SEVP
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COMMITTEES OF THE BOARD OF DIRECTORS
5. Wholesale Transaction Banking Director
6. Retail Banking Director/Consumer Product Solution SEVP
7. Sales & Distribution Director / Funding & Transaction SEVP
Permanent Member - Non Compliance & Human Capital Director / Compliance Group Head
Voting Member
Non Permanent – Voting 1. Director / SEVP Speaker
Member 2. Director / SEVP related to the material
Contributing – Non Voting 1. Group Head/Equivalent Official of Speaker
Member 2. Group Head/Equivalent Official related to Material
Invitee SEVP/Group Head Internal Audit
Asset and Liability Committee Profiles
The profiles of the Committee members from both the Board of Directors and SEVPs are presented in
the Company Profile chapter under the Profile of the Directors section and the Profile of Executives One
Level Below the Board of Directors in this Annual Report.
Asset and Liability Committee Independence
All Committee members have no affiliation with other Directors, Commissioners, or the Controlling
Shareholder, are not shareholders of the Company that could influence their ability to act independently,
and are not Commissioners, Directors, or employees of companies that have affiliations or business
relationships with the Company.
Asset and Liability Committee Training
Training for Committee members who are part of the Board of Directors is presented in the subsection
on Training and/or Competency Development of Members of the Board of Directors in the Corporate
Governance chapter of this Annual Report.
Committee Duties and Authority
The Asset & Liabilities Committee is authorized and responsible for:
1. Establishing, developing, and reviewing asset & liability management strategies.
2. Reviewing deviations between realization and budget projections, the Bank Business Plan, and Asset
& Liability Management strategies.
3. Conducting liquidity management, management of the impact of changes in benchmark rates,
foreign exchange management, income and investment management, and pricing management.
4. Evaluating the Bank’s asset & liability position in accordance with the objectives of managing
profitability, liquidity risk, market risk, rate of return risk, investment risk, and exchange rate risk.
5. Reviewing funding and financing pricing strategies to ensure optimal margins, cost of fund efficiency,
and a sound balance sheet structure.
6. Determining the Fund Transfer Pricing methodology.
7. Determining the methodology for calculating liquidity reserves and maintaining liquidity instruments
in accordance with the Bank’s needs and applicable regulations.
8. Proposing and evaluating the issuance of Sukuk or other sharia financial instruments required for the
Bank’s interests.
9. Determining the limit for the purchase of SBSN, Corporate Sukuk, Sukuk BI Banking and Trading
Book, SUVBI Banking and Trading Book, and mutual funds under the Banking Book category within
one year.
10. Conducting discussions on Asset & Liability Management under business-as-usual conditions as well
as critical conditions, including subsidiaries/entities under the Company’s control on a consolidated
basis.
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COMMITTEES OF THE BOARD OF DIRECTORS
Meetings and Duties Implementation of Asset and Liability Committee
Throughout 2025, the Asset and Liability Committee held a total of 12 (twelve) meetings. The meeting
dates and agendas are presented below.
No. Meeting Date Agenda
Funding Strategy 2025, a strategy to optimize financing margin
1 ALCO 1 2025 January 21, 2025
income.
Proposed structure for the issuance of BSI sustainable sukuk
2 ALCO 2 2025 March 4, 2025
phase II, COF Management Strategy.
Proposed Organizational Structure of the Business Command
3 ALCO 3 2025 March 21, 2025
Center.
4 ALCO 4 2025 April 22, 2025 Funding Strategy, FTP Methodology.
5 ALCO 5 2025 June 5, 2025 Funding Strategy.
The use of Third-Party Funds (TPF) with special ratios, the use of
6 ALCO 6 2025 July 16, 2025
financing with special prices.
7 ALCO 7 2025 August 12, 2025 Funding Strategy, Banking book investment policy update (USD).
8 ALCO 8 2025 September 9, 2025 Funding Strategy.
Funding Strategy, Financing Strategy, review of special price
9 ALCO 9 2025 September 23, 2025
financing authority.
Monitoring of financing distribution, funding strategy, updating
10 ALCO 10 2025 October 20, 2025
recovery plan.
Funding & Financing Strategy, Banking Book Investment Ceiling
11 ALCO 11 2025 November 17, 2025
Policy Update
12 ALCO 12 2025 December 8, 2025 Funding and Financing Strategy
STEERING COMMITTEE CRISIS MANAGEMENT – BUSINESS CONTINUITY
MANAGEMENT
The Steering Committee Crisis Management - Business Continuity Management was established to
assist the President Director in decision-making, determining strategies, and setting policies for handling
disaster impacts.
Steering Committee Crisis Management Work Guidelines
1. The Steering Committee Crisis Management Work Guidelines are based on the Board of Directors
Decree No. 05/830-KEP/DIR dated December 23, 2025, which regulates:
2. The Steering Committee organizational structure.
3. The Steering Committee’s duties, authorities, and responsibilities.
4. Steering Committee Rules of Conduct.
5. The duties, authorities, and responsibilities of the Steering Committee Working Group.
6. Closing provisions.
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Membership Structure of Steering Committee Crisis Management – Business Continuity
Management
Function Executives
Function Officer
Chairman Vice President Director
Vice Chairman Information Technology Director
Secretary Business Continuity Management
1. Vice President Director
2. Information Technology Director
3. Sales & Distribution Director / Funding & Transaction SEVP
Permanent Voting Member 4. Compliance & Human Capital Director
5. Finance & Strategy Director
6. Risk Management Director / Wholesale Risk SEVP / Retail & Consumer Risk
7. Operations SEVP
Contributing Non Voting 1. Group Head / Equivalent Official Speaker
Member 2. Group Head / Equivalent Official related to the material
Steering Committee Profiles 3. Discussing and resolving strategic issues,
The profiles of the Committee members from both including alliances among work units and
the Board of Directors and SEVPs are presented in alliances with the parent company, in relation
the Company Profile chapter under the Profile of to disaster prevention and response within the
the Directors section and the Profile of Executives Bank.
One Level Below the Board of Directors in this 4. Discussing and determining temporary
Annual Report. benefits and/or allowances for employees
affected by disasters.
Steering Committee Independence 5. Delegating authority to designated officials to
All Committee members have no affiliation decide on and implement matters related to
with other Directors, Commissioners, or the disaster prevention and emergency response.
Controlling Shareholder, are not shareholders of 6. Monitoring and evaluating the implementation
the Company that could influence their ability to of operational strategies approved by the
act independently, and are not Commissioners, Steering Committee.
Directors, or employees of companies that have 7. Performing other duties that require handling
affiliations or business relationships with the by the Crisis Management Team (CMT).
Company.
The Steering Committee does not have the
Steering Committee Training authority to act for and on behalf of the Company
Training for Committee members who are part in entering into or signing agreements with
of the Board of Directors is presented in the third parties. Such actions must be carried out in
subsection on Training and/or Competency accordance with the provisions of the Company’s
Development of Members of the Board of Articles of Association.
Directors in the Corporate Governance chapter of
this Annual Report. Committee Meetings and Duties
Implementation
Steering Committee Duties and Responsibilities Throughout 2025, the Steering Committee Crisis
1. Establishing prevention, response, and recovery Management has convened meetings, including
strategies, as well as communication strategies discussions on:
for handling disaster impacts in the Bank. 1. The proposed timeline for the implementation
2. Discussing and determining the Bank’s of the Disaster Recovery Plan (DRP) for 2025.
operational strategy during disaster periods, 2. Adjustments to the timeline and the Principles
including the activation of BCM, determination Guideline for the implementation of the 2025
of Critical Work Units, work mechanisms for DRP.
work units (WFH/WFO), operational working 3. Update progress and strategy of DRP 2025.
hours, and other matters required under
emergency disaster conditions.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
CORPORATE SECRETARY
In a highly regulated sharia banking environment, capital market and banking regulations, and
the Corporate Secretary plays a strategic role acts as the official liaison between the Bank and
in ensuring information disclosure, regulatory regulators, investors, and other stakeholders
compliance, and governance practices that are in a transparent, accountable, and sustainable
aligned with prudential principles and Sharia manner.
principles. The Corporate Secretary serves as
the central coordination function for corporate Legal References
communications, connecting the Bank with As a public company and in compliance with
shareholders, regulators, and other stakeholders, Indonesia Stock Exchange Listing Regulation No.
while safeguarding the Bank’s reputation and I-A and Financial Services Authority Regulation
credibility. No. 35/POJK.04/2014, BSI has established the
Corporate Secretary function, and appointed
the Corporate Secretary provides advice and Wisnu Sunandar as Corporate Secretary pursuant
support to the Board of Directors and the Board to the Board of Directors’ Decree No. 04/112-KEP/
of Commissioners in ensuring compliance with DIR dated March 20, 2024.
Corporate Secretary Profile
WISNU SUNANDAR
Corporate Secretary
Indonesian Citizen
Born in Jakarta, in 1978.
47 Years Old as of December 2025
Domiciled in Jakarta, Indonesia
Legal Basis of Appointment •• Regional CEO I Medan PT. Bank Syariah
Decree No. 04/112-KEP/DIR dated March 20, 2024 Mandiri (2020-2021)
•• Regional CEO VII Banjarmasin PT Bank Syariah
Educational Background Mandiri (2018-2020)
•• Magister Management, Prasetiya Mulya •• Area Manager Area Medan Ahmad Yani PT
Business School (2012-2014) Bank Syariah Mandiri (2015-2018)
•• Bachelor of Engineering, University of •• Deputy Group Head Consumer Finance Group
Indonesia (1997-2003) PT Bank Syariah Mandiri (2015)
Certification Concurrent Positions
Risk Management Level 4 -
Work Experience Affiliate Relationship
•• Regional CEO I Aceh PT Bank Syariah
Indonesia, Tbk (2021-2024)
•• Regional CEO II Medan PT Bank Syariah
Indonesia, Tbk (2021)
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CORPORATE SECRETARY
Corporate Secretary Structure
As part of strengthening governance implementation and enhancing the effectiveness of corporate
communication, the Corporate Secretary carries out its role by reporting directly to the President Director.
To ensure structured and comprehensive execution of its duties, the Corporate Secretary function is
organised into six main areas of activity as follows:
1. The Bank’s activities as a public company, including the implementation of corporate governance,
particularly those related to capital market regulations.
2. Corporate Communication activities.
3. Secretariat activities.
4. Stakeholder Management activities.
5. Corporate Social Responsibility activities.
6. Bank Management activities.
To support these activities, the Corporate Secretary oversees several departments responsible for
carrying out operational functions in accordance with their respective mandates. The Corporate
Secretary continues to coordinate and directly supervise the execution of duties and responsibilities of
each department to ensure effective implementation and alignment with the Company’s policies
Corporate Secretary &
Communication
Secretary
Corporate Capital Market Corporate
Corporate Corporate Office of
Regulation Stakeholder
Communication Social Affairs the Board
Assurance Management
Corporate Corporate Event Stakeholder
Branding & Media & Zakat Reporting & Corporate CSG
& Secretariat Planning &
Content Communication Implementation Policy Management Operation
Development Management Monitoring
Staff
Corporate Infaq & CSG
Internal Social Fund Regulatory Corporate Board
Branding & Communication
Sponshorship Implementation Compliance Event Operations Operations
Staff
Staff
Document Board
External Media
Communication Relation Staff Staff & Secretariat Operations
Management
Staff Staff
Integrated
Content Literacy & Board
Development Inclusion Security
Support
Management
Staff
Executive
Staff Staff Secretary
Board Support Staff
Social Media & Board Secretary
Situation Room
Board
Administration
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CORPORATE SECRETARY
Functions, Duties and Responsibilities of the b. Developing strategies for disseminating
Corporate Secretary information to internal and external
In carrying out its strategic role, the Corporate stakeholders, including communicating the
Secretary refers to the Corporate Secretary Bank’s programs and activities, as well as
Policies and Standard Procedures as the primary managing issues and crises through media
guidelines for the execution of its functions and coverage.
responsibilities. Accordingly, the duties and c. Acting as a liaison between the Bank and
responsibilities of the Corporate Secretary include external parties representing the public.
the following: d. Monitoring market developments and the
Bank’s external environment, particularly
1. Compliance Governance prevailing regulations in sharia banking and
a. Hosting the General Meeting of issues on sharia finance industry in general.
Shareholders. e. Directing the development of effective and
b. Ensuring effective functioning of the Board targeted marketing communication tools
of Commissioners, the Board of Directors, and media.
Committees, the Sharia Supervisory Board, f. Managing stakeholders and organizing
and the supporting units under them. activities aimed at information disclosure,
c. Preparing the register of shareholders and such as public exposes.
the special register of members of the Board g. Establishing good relationships with mass
of Directors, the Board of Commissioners, media to foster public understanding of the
and their families in relation to share Company and create a positive image and
ownership, business relationships, and reputation.
other roles that may give rise to conflicts of h. Conducting education, outreach, and
interest. literacy on sharia banking for the public.
d. Attending and preparing the minutes of
meetings of the Board of Directors and the 9. Corporate Branding and Sustainable Finance
Board of Commissioners. a. Maintaining and enhancing the Bank’s
e. Providing input to the Bank’s Board of image through consistency and
Directors to ensure compliance with standardization in the implementation of
prevailing laws and regulations, including the Bank’s Corporate Identity.
those relating to the Company, sharia b. Preparing and coordinating the
securities, sharia banking shares, capital development of Sustainable Finance
market and their implementing regulations. Action Plan (RAKB), RAKB Reports, and
f. Directing the publication of transparency Sustainability Reports in line with the
disclosures in accordance with banking and formats stipulated by regulators to build,
capital market regulatory provisions. maintain, and develop the Company’s
•• Submitting reports to regulators and the image.
public, both periodic and incidental. c. Communicating the RAKB to shareholders
•• Safeguarding the Bank’s correspondence and across the Bank’s organization.
by providing linguistic advice/reviews of d. Preparing monitoring and review
the Bank’s corporate documents. mechanisms for the implementation of
•• Managing documents, particularly sustainable finance programs to be reported
corporate documents, including the periodically to the Board of Directors.
management of the central archive. e. Publishing sustainable finance activities
•• Maintaining and coordinating document or actions to enhance awareness and the
management activities at the head office, Bank’s positive image through various
regional offices, area/branch offices, communication channels, including print,
and other outlets, and providing advice electronic media, video, and others.
related to such document management. f. Maintaining and coordinating CSR activities
to ensure alignment with the Bank’s
2. Corporate Communications Governance Corporate Planning programs as a form of
a. Establishing communication strategies to social responsibility.
enhance the Bank’s positive reputation.
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CORPORATE SECRETARY
g. Implementing business-related RAKB programs.
h. Effectively managing corporate branding and RAKB processes and performance to deliver optimal
contributions to positive stakeholders and shareholders perceptions, strengthen brand equity, and
support increased awareness and the Bank’s business growth.
Corporate Secretary Competence Improvement Program
To enhance competency and ensure up-to-date understanding of capital market developments, the
Corporate Secretary attended various training programs, seminars, and workshops throughout 2025, as
follows:
Types of Training and Competency Time and Place of Organizer
Development Materials / Training Implementation
ESG Refreshment Jakarta, February 27, 2025 Internal Bank
Risk Management Recertification Level 6 Jakarta, June 04, 2025 LSPKS
Top Executive Learning Program (TELP) Series I – Bullion Bank Jakarta, June 13, 2025 Internal Bank
BCM Refreshment Jakarta, July 01, 2025 Internal Bank
Essential Series APU PPT & PPSPM Jakarta, July 21, 2025 Internal Bank
Essential Series Basic Risk Management Jakarta, July 21, 2025 Internal Bank
Essential Series Basic Fiqh Muamalah Jakarta, August 26, 2025 Internal Bank
Implementation of Duties of The Corporate Secretary In 2025
Throughout the 2025 financial year, the Corporate Secretary has carried out the functions and duties, the
details of which are as follows:
1. Organized and documented the Annual General Meeting of Shareholders and Extraordinary General
Meeting of Shareholders.
2. Held, attended and prepared minutes of Board of Directors meetings including joint meetings of the
Board of Directors with the Board of Commissioners and the Sharia Supervisory Board.
3. Prepared information on the list of shareholders, a special list of members of the Board of Directors,
Board of Commissioners, and their families in share ownership, business relationships, and other roles
that may give rise to conflicts of interest.
4. Carried out the Bank’s compliance function with respect to the capital market.
5. Disclosed information to the public in accordance with applicable laws and regulations.
6. Documented the Bank’s legal data, including GMS deeds, amendments to the Articles of Association,
deeds of changes in the composition of management, and other legal documents.
7. Administered and distributed all incoming letters addressed to BSI or the relevant Work Unit for
follow-up.
8. Organized corporate events and/or participated in events held by third parties in the form of
sponsorship.
9. Organized events with the media.
10. Issued a press release.
11. Held sharia financial education, literacy and inclusion activities.
12. Prepared a Sustainable Financial Action Plan for 2020 in accordance with OJK regulation No. 51 of
2017 which has been submitted to the OJK. Sustainable finance is related to business, which includes:
products and services, governance, and capacity building. The priority business sectors are education,
health and infrastructure (especially government programs).
Transparency of Report Submissions
Throughout 2025, the Corporate Secretary disseminated information to the public through various
communication channels, including mass media, the Company’s official website, Public Expose, the IDX
Electronic Reporting Facility for Issuers, and OJK’s Electronic Reporting System. During the same period,
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CORPORATE SECRETARY
the Corporate Secretary also submitted periodic and incidental reports to regulators and government
institutions, including OJK, IDX, LPS, the Ministry of Finance, and the Ministry of State-Owned Enterprises.
The details of such reporting are as follows:
Periodic Reports
Report
No. Report Type Destination Number
Period
1 Annual Report OJK, IDX, Ministry of Trade Annually 1
2 Sustainability Report OJK, IDX Annually 1
Share Ownership Composition Report/
3 OJK, IDX Monthly 12
Securities Holder Registration Report
4 Foreign Currency Debt Report OJK, IDX Monthly 2
Annual Rating/Rating Assessment
5 OJK, IDX, & Trustee Annually 1
Report
Payment Service Provider Management
6 Bank Indonesia Annually 1
Report
7 Sharia Securities List Report IDX Semester 2
Proof of Advertisement of Quarterly
8 OJK, IDX Quarterly 4
Financial Statements Report
Report List to Capital Market 2025
Date of
No. Letter Numbers Address To Reports
Submission
PT Bursa Efek Monthly Securities Holder Registration Report
1 January 9, 2025 05/019-3/CSG
Indonesia (BEI) as of 31 December 2024
Report on Company Debt/Liabilities in Foreign
2 January 9, 2025 05/020-3/CSG OJK Capital Market
Currency as of 31 December 2024
Disclosure of OJK Approval on the Appointment
3 January 14, 2025 05/054-3/CSG OJK Capital Market
of the Company’s Sharia Supervisory Board
PT Bursa Efek Confirmation of Single Corporate Group
4 January 24, 2025 05/103-3/CSG
Indonesia (BEI) Criteria
Submission of the Public Accountant and/
5 January 31, 2025 05/123-3/CSG OJK Capital Market or Public Accounting Firm Audit Report on
Annual Historical Financial Information
PT Bursa Efek Monthly Securities Holder Registration Report
6 February 6, 2025 05/148-3/CSG
Indonesia (BEI) as of 31 January 2025
Report on Company Debt/Liabilities in Foreign
7 February 6, 2025 05/149-3/CSG OJK Capital Market
Currency as of 31 January 2025
PT Bursa Efek Submission of Advertising Evidence for Annual
8 February 6, 2025 05/154-3/CSG
Indonesia (BEI) Financial Statement Information
PT Bursa Efek Disclosure on the Fulfilment of Annual Public
9 February 6, 2025 05/156-3/CSG
Indonesia (BEI) Expose Obligations
Submission of Annual Sukuk Rating Results of
10 February 13, 2025 05/188-3/CSG OJK Capital Market
PT Bank Syariah Indonesia Tbk
11 February 13, 2025 05/193-3/CSG OJK Capital Market Sharia Securities List Information Form
PT Bursa Efek Monthly Securities Holder Registration Report
12 March 7, 2025 05/453-3/CSG
Indonesia (BEI) as of 28 February 2025
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CORPORATE SECRETARY
Date of
No. Letter Numbers Address To Reports
Submission
Report on Share Ownership or Changes in
13 March 17, 2025 05/531-3/CSG OJK Capital Market Share Ownership of PT Bank Syariah Indonesia
Tbk
Submission of Agenda for the Annual General
14 March 24, 2025 05/660-3/DIR-CSG OJK Capital Market Meeting of Shareholders (AGMS) for Fiscal Year
2024 of PT Bank Syariah Indonesia Tbk
Report on Share Ownership or Changes in
15 March 24, 2025 05/572-3/CSG OJK Capital Market Share Ownership of PT Bank Syariah Indonesia
Tbk
16 March 25, 2025 05/575-3/CSG OJK Capital Market Disclosure of Material Information or Facts
Resignation of a Member of the Board of
17 March 26, 2025 05/588-3/CSG OJK Capital Market
Directors
Notification of the Plan to Convene the Annual
18 April 9, 2025 05/614-3/CSG OJK Capital Market
General Meeting of Shareholders
PT Bursa Efek Submission of Advertising Evidence for AGMS
19 April 9, 2025 05/620-3/CSG
Indonesia (BEI) Notification
PT Bursa Efek Monthly Securities Holder Registration Report
20 April 10, 2025 05/613-3/CSG
Indonesia (BEI) as of 31 March 2025
Submission of Changes to the Agenda of
the Annual General Meeting of Shareholders
21 April 21, 2025 05/749-3/DIR-CSG OJK Capital Market
(AGMS) for Fiscal Year 2024 of PT Bank Syariah
Indonesia Tbk
Submission of the Annual Report, Sustainability
22 April 22, 2025 05/787-3/DIR-CSG OJK Capital Market Report, and Sustainability Sukuk Report of PT
Bank Syariah Indonesia Tbk
Notice of the Annual General Meeting of
23 April 24, 2025 05/686-3/CSG OJK Capital Market
Shareholders
24 April 24, 2025 05/787--3/DIR-CSG OJK Capital Market Submission of Sustainability and ESG Reports
Submission of Advertising Evidence for the
25 April 25, 2025 05/688-3/CSG OJK Capital Market
AGMS Notice
PT Bursa Efek Submission of Unaudited Interim Financial
26 April 30, 2025 05/797-3/DIR-CFA
Indonesia (BEI) Statements
PT Bursa Efek Submission of Advertising Evidence for Interim
27 May 2, 2025 05/716-1/CSG
Indonesia (BEI) Financial Statement Information
PT Bursa Efek Monthly Securities Holder Registration Report
30 May 9, 2025 05/736-3/CSG
Indonesia (BEI) as of 30 April 2025
Notice of the Annual General Meeting of
32 May 14, 2025 05/790-3/CSG OJK Capital Market
Shareholders (Correction)
PT Bursa Efek Summary of Minutes of the Annual General
33 May 20, 2025 05/798-3/CSG
Indonesia (BEI) Meeting of Shareholders
PT Bursa Efek Disclosure of Corporate Action – Cash Dividend
34 May 20, 2025 05/799-3/CSG
Indonesia (BEI) – 20 May 2025
PT Bursa Efek Submission of Advertising Evidence for AGMS
35 May 21, 2025 05/800-3/CSG
Indonesia (BEI) Results
Report on Fund Readiness for the Repayment
PT Bursa Efek
36 May 27, 2025 05/828-3/CSG of Sustainability-Based Mudharabah Sukuk I
Indonesia (BEI)
Bank BSI Phase I Year 2024 Series A
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CORPORATE SECRETARY
Date of
No. Letter Numbers Address To Reports
Submission
Notification Letter on the Implementation of
the Sustainability-Based Continuous Public
37 May 28, 2025 05/975-3/DIR-TGM OJK Capital Market
Offering of Mudharabah Sukuk I Bank BSI
Phase II Year 2025
Submission of Advertising Evidence for the
Summary of Additional Information on the
38 June 3, 2025 05/872-3/CSG OJK Capital Market Sustainability-Based Continuous Public
Offering of Mudharabah Sukuk I Phase II Year
2025
PT Bursa Efek Monthly Securities Holder Registration Report
40 June 5, 2025 05/906-3/CSG
Indonesia (BEI) as of 31 May 2025
Submission of Minutes of the Annual General
41 June 13, 2025 05/941-3/CSG OJK Capital Market Meeting of Shareholders of PT Bank Syariah
Indonesia Tbk for Fiscal Year 2024
Cover Letter for Amendments and/or
Additional Information on the Sustainability-
42 June 18, 2025 05/1186-3/DIR-TGM OJK Capital Market Based Continuous Public Offering of
Mudharabah Sukuk I Bank BSI Phase II Year
2025
Submission of Advertising Evidence for
Amendments and/or Additional Information
on the Summary of Additional Information of
43 June 18, 2025 05/982-3/CSG OJK Capital Market
the Sustainability-Based Continuous Public
Offering of Mudharabah Sukuk I Phase II Year
2025
Changes in the Composition of the Audit
44 June 20, 2025 05/1232--3/DIR-CSG OJK Capital Market Committee and the Remuneration &
Nomination Committee
Changes in the Composition of the Audit
45 June 20, 2025 05/1232-3/DIR-CSG OJK Capital Market Committee and the Remuneration &
Nomination Committee
Redemption/Repayment of Principal of
46 June 24, 2025 05/1013-3/CSG OJK Capital Market Sustainability-Based Mudharabah Sukuk I
Bank BSI Phase I Year 2024 Series A
Report on the Evaluation Results of the
Provision of Audit Services on the Annual
Financial Information of PT Bank Syariah
47 June 30, 2025 05/1318-3/DIR-CSG OJK Capital Market
Indonesia Tbk for Fiscal Year 2024 by the
Public Accountant and/or Public Accounting
Firm
Disclosure on the Process of Preparing the
PT Bursa Efek
48 July 4, 2025 05/1056-3/CSG Financial Statements of PT Bank Syariah
Indonesia (BEI)
Indonesia Tbk as of 2 June 2025
PT Bursa Efek Monthly Securities Holder Registration Report
49 July 7, 2025 05/1055-3/CSG
Indonesia (BEI) as of 30 June 2025
Submission of Report on the Realisation of
the Use of Proceeds from the Issuance of
50 July 14, 2025 05/1379-3/DIR-TGM OJK Capital Market
Sustainability-Based Mudharabah Sukuk I
Bank Syariah Indonesia Phase II Year 2025
PT Bursa Efek Monthly Securities Holder Registration Report
51 August 5, 2025 05/1215-3/CSG
Indonesia (BEI) as of 31 July 2025
52 August 7, 2025 05/1294-3/CSG OJK Capital Market Disclosure of Material Information or Facts
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CORPORATE SECRETARY
Date of
No. Letter Numbers Address To Reports
Submission
September 1, Information on the Appointment of the Head
53 05/1400-3/CSG OJK Capital Market
2025 of the Internal Audit Unit
Disclosure of the Effective Appointment of
September 1,
54 05/1408-3/CSG OJK Capital Market the President Commissioner and President
2025
Director of the Company
September 10, PT Bursa Efek Monthly Securities Holder Registration Report
55 05/1442-3/CSG
2025 Indonesia (BEI) as of 31 August 2025
September 19, PT Bursa Efek Submission of Audited Interim Financial
56 05/1745-3/DIR-CFA
2025 Indonesia (BEI) Statements
September 22, PT Bursa Efek Advertising Evidence for Audited Interim
57 05/1518-3/CSG
2025 Indonesia (BEI) Financial Statement as of 30 June 2025
PT Bursa Efek Monthly Securities Holder Registration Report
58 October 8, 2025 05/1582-3/CSG
Indonesia (BEI) as of 30 September 2025
59 October 8, 2025 05/1591-3/CSG OJK Capital Market Sharia Securities List Information Form (DES)
Disclosure of the Effective Appointment of a
60 October 13, 2025 05/1615-3/CSG OJK Capital Market
Director of the Company
PT Bursa Efek Submission of Financial Statements of PT Bank
62 October 29, 2025 05/1894-3/DIR-CFA
Indonesia (BEI) Syariah Indonesia Tbk as of 30 September 2025
PT Bursa Efek Submission of Advertising Evidence for Interim
63 October 30, 2025 05/1689-3/CSG
Indonesia (BEI) Financial Statement Information
November 5, Submission of Agenda for the Extraordinary
64 05/1998-3/DIR-CSG OJK Capital Market
2025 General Meeting of Shareholders
November 6, PT Bursa Efek Monthly Securities Holder Registration Report
65 05/1706-3/CSG
2025 Indonesia (BEI) as of 31 October 2025
November 13, Notification of the Plan to Convene the
66 05/1743-3/CSG OJK Capital Market
2025 Extraordinary General Meeting of Shareholders
November 13, PT Bursa Efek Submission of Advertising Evidence for EGMS
67 05/1748-3/CSG
2025 Indonesia (BEI) Notification
November 28, Notice of the Extraordinary General Meeting of
68 05/1827-3/CSG OJK Capital Market
2025 Shareholders
Submission of Advertising Evidence for EGMS
69 December 1, 2025 05/1830-3/CSG OJK Capital Market
Notice
December 8, PT Bursa Efek Monthly Securities Holder Registration Report
70 05/1865-3/CSG
2025 Indonesia (BEI) as of 30 November 2025
Disclosure of the Effective Appointment of
December 12,
71 05/1930-3/CSG OJK Capital Market Members of the Board of Commissioners and
2025
Board of Directors of the Company
December 17, PT Bursa Efek Clarification in Response to Stock Exchange
72 05/1957-3/CSG
2025 Indonesia (BEI) Inquiry
December 24, PT Bursa Efek Summary of Minutes of the Extraordinary
73 05/1996-3/CSG
2025 Indonesia (BEI) General Meeting of Shareholders
Report on the Appointment/Change of the
OJK Sharia
December 24, Public Accountant and/or Public Accounting
74 05/2000-3/CSG Banking
2025 Firm for Audit Services on Annual Historical
Department
Financial Information
December 29, PT Bursa Efek Submission of Advertising Evidence for EGMS
75 05/2008-3/CSG
2025 Indonesia (BEI) Results of BSI
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
CORPORATE SECRETARY
Press Release
Throughout 2025, BSI issued 264 press releases divided into corporate activities such as the BSI
International Islamic Expo and Global Islamic Finance Summit, product and service innovation, CSR
activities, education and literacy, ESG, and others.
BSI regularly communicated updates on the Bank’s activities and initiatives through the issuance of
press releases. The following is a list of press releases issued throughout 2025:
No. Date Release Title
Less Than One Month Since Launch, BSI Entrepreneur Talent Registrants Reach 1,300
1 January 2, 2025
Participants
2 January 3, 2025 Enhancing Inclusion & Service Optimization, BSI Builds BSI Bogor Building
3 January 3, 2025 Records 15 Million Transactions, BYOND Becomes BSI Breakthrough & Transformation
Through Implementation of Sharia Compliance, BSI Supports Government in
4 January 6, 2025
Eradicating Online Gambling
5 January 7, 2025 BSI Fee-Based Income Grows 34% Year on Year
Becomes One of the Most Preferred Features, Ziswaf Transactions via BSI Mobile
6 January 13, 2025
Banking Reach Rp12M in 2024
Supporting Sustainable Economy Through Provision of Clean Drinking Water, BSI
7 January 13, 2025
Provides Water Station at Gasibu Field Bandung
8 January 14, 2025 BSI Urges Prospective Pilgrims to Prepare for Hajj Payment Settlement 1446 H
9 January 16, 2025 BSI Projects Hajj Savings to Reach Rp20 Trillion in 2025
10 January 16, 2025 Two Months After Launch, BYOND by BSI Reaches 3 Million Active Users
Strengthening Services for Prospective Pilgrims, 100,000 BSI Agents Ready to Serve
11 January 20, 2025
Hajj Cost Payments
Consistently Supporting More Empowered MSMEs, BSI Allocates Rp17 Trillion Sharia
12 January 21, 2025
KUR This Year
13 January 23, 2025 BSI Strengthens Strategic Role in Indonesia’s Economic Transformation 2024
14 January 23, 2025 BSI ESG Rating Enters Top 4 Global Islamic Bank
Synergy with Ministry of Finance, BSI Strengthens State Cash Management
15 January 24, 2025
Partnership
16 January 30, 2025 BSI & BSI Maslahat Promote Sustainable MSMEs Through Zakat Empowerment
17 January 31, 2025 Rising Trend, BSI Environmentally Friendly Vehicle Financing Grows 476%
18 February 3, 2025 BSI Prepares 471 Weekend Banking Branches Throughout February 2025
Gold Business Grows 78%, BSI Intensifies Gold Pawning & Gold Installments for
19 February 3, 2025
Financial Solutions
Supporting ESG Implementation, BSI Launches Electric Operational Vehicle and
20 February 3, 2025
Digital Carbon Tracking on 4th Anniversary
Promoting Agile & Innovative Spirit, BSI Strengthens Transformation & Presents Four
21 February 3, 2025
Innovations on 4th Anniversary
4th Anniversary, BSI Wins 15 Infobank Satisfaction, Loyalty, and Engagement 2025
22 February 5, 2025
Awards
23 February 6, 2025 Focus on Digital Transformation and Innovation, BSI Records 22.83% Profit Growth
Profit Grows 22.83%, BSI Expands Benefits for Society Through Zakat Optimization
24 February 11, 2025
Program
Young Generation Interested in Precious Metal Investment, BSI Gold Installment
25 February 11, 2025
Business Surges 177% in 2024
26 February 12, 2025 BSI System Upgrade Completed, E-Channel Services Return to Normal
27 February 13, 2025 Successful ESG Sukuk Issuance, BSI Wins Alpha South East Asia Award
LEADING THE NEW ERA OF BULLION BANK
504 PT BANK SYARIAH INDONESIA (PERSERO) TBK
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CORPORATE SECRETARY
No. Date Release Title
28 February 13, 2025 License Issued, BSI Ready to Operate Bullion Bank Business
29 February 14, 2025 BSI Collaborates with BPJH to Accelerate Halal Certification
BSI Continues to Support Aceh Provincial Government in Strengthening Sharia
30 February 17, 2025
Economic Development
Spreading Sustainable Benefits, BSI Zakat Supports Improvement of Children’s
31 February 17, 2025
Education Quality
32 February 18, 2025 Bullion License Issued, BRIS Shares Increase 4.78% Monthly
Custodian Bank Assets Under Management Reach Rp115 Trillion, BSI Wins Best
33 February 19, 2025
Islamic Custody Bank Award
34 February 20, 2025 Supporting Quality Education, BSI Builds School Facilities in North Kalimantan
35 February 20, 2025 BSI Strengthens ESG Implementation to Support Sustainable Business & Operations
Hajj Settlement Opened, BSI Prepared Optimal Services for 185 Thousand Prospective
36 February 21, 2025
Hajj Pilgrims
37 February 24, 2025 BSI Continues to Strengthen DPK Quality Through Innovative and Inclusive Services
38 February 25, 2025 Gold Prices Shine Brighter, BSI Gold Installment Surges 174.32%
Officially Launched by President Prabowo, BSI Becomes the First Gold Bank in
39 February 27, 2025
Indonesia
40 February 27, 2025 BSI Expands Remittance Services in South Korea
41 March 3, 2025 670 BSI Branches Ready to Provide Weekend Banking Services During Ramadan
42 March 3, 2025 BSI SUCOFINDO Building, Expanding the Islamic Banking Market
43 March 4, 2025 Focus on Implementing ESG, BSI Electric Vehicle Financing Surges 266%
44 March 10, 2025 BSI Becomes Gold Bank, Driving National Economic Growth
45 March 10, 2025 BSI Provides Food & Cleaning Supplies for Jabodetabek Flood Victims
Appreciation for Media Professionals, BSI Collaborates with the Forum of Editors
46 March 10, 2025
Charity
BYONDFEST Ramadan, BSI’s Commitment to Be a Social & Spiritual Companion for
47 March 10, 2025
the Community
BSI Builds Modern Building in Tasikmalaya, Promotes Financial Inclusion and Islamic
48 March 11, 2025
Economy
49 March 11, 2025 Driving Ramadan Economic Circulation, BSI Intensifies Promo & Cashback
50 March 12, 2025 BYOND by BSI Users Grow Rapidly Reaching 3.5 Million Users
51 March 13, 2025 Ahead of Eid Holiday, BSI Prepares Rp42.88 Trillion Cash
52 March 17, 2025 Performance Soars, BSI Expresses Gratitude Through Donations for 4,444 Orphans
50 Thousand Islamic Schools Become Customers, BSI Collaborates with JSIT to
53 March 17, 2025
Expand Education Services
BSI & Ministry of PPN/Bappenas Collaborate to Develop the Islamic Economic
54 March 17, 2025
Ecosystem
55 March 17, 2025 BSI Distributes Assistance to Islamic Boarding Schools and Orphans in Bukittinggi
56 March 18, 2025 BSI Together with UNDP & BAZNAS to Develop & Implement Green Zakat
57 March 20, 2025 BSI Introduces BEWIZE, Integrated Platform Solution for Wholesale Customers
58 March 20, 2025 BSI Intensifies Islamic Financial Literacy at Babuttaqwa Mosque Aceh
59 March 20, 2025 Marketing STO14 Investment Products, BSI Targets Rp1 Trillion Sales
60 March 21, 2025 Precious Metal Prices Continue to Rise, BSI: Gold Investment is the Right Step
61 March 24, 2025 Ahead of Eid al-Fitr, BSI Remittance Transactions Reach Rp1.5 Trillion
62 March 24, 2025 Hery Gunardi, Former BRI Director Who Successfully Built BSI
ANNUAL REPORT 2025
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CORPORATE SECRETARY
No. Date Release Title
Performance Shines, Two Directors Trusted by BRI, BSI Optimistic Performance
63 March 25, 2025
Remains Solid
Focus on Supporting Women Workers and Children’s Education, BSI Provides
64 March 26, 2025
Daycare Facilities Ahead of Eid
Consistently Driving Literacy & Financial Inclusion, OJK Awards BSI 3 GERAK Syariah
65 March 26, 2025
Awards
66 April 8, 2025 BSI Reminds Customers to Beware of Social Engineering Fraud
67 April 8, 2025 492 BSI Branches Ready to Provide Weekend Banking Services During Eid al-Fitr
BSI Intensifies Islamic Banking Inclusion Through Promo & Cashback During Holiday
68 April 8, 2025
Season
69 April 8, 2025 Expands Services to Remote Areas, BSI Targets 123 Thousand Agents by End of 2025
70 April 9, 2025 Business Segment Continues to Grow, BSI SME Financing Increases Double Digit
71 April 10, 2025 BSI Optimizes Market Ecosystem, Increasing Focus on Retail MSME Transactions
72 April 11, 2025 Gold Prices Surge, BSI Digital Gold Balance Increases 231%
BSI Supports the Advancement of the Cosmetic Industry, Collaborates with Natasha
73 April 15, 2025
Group
74 April 16, 2025 BSI Acting President Director: Gold is an Investment Solution at This Time
75 April 17, 2025 Gold Prices Surge, BSI Gold Installment Products Increase 168%
100% of Prospective Hajj Pilgrims Pay BPIH, BSI Prepares Optimal Services During
76 April 17, 2025
Hajj Season
Support for National Hajj Manasik Simultaneously Across Indonesia, BSI Distributes
77 April 21, 2025
BSI Debit Mabrur Cards to Prospective Pilgrims
Enhancing Literacy & Islamic Banking Inclusion, BSI Supports Run for Humanity
78 April 21, 2025
Bandung 2025
79 April 21, 2025 Supporting ESG Implementation, BSI Invites Modern Kartini to Preserve the Earth
80 April 23, 2025 Bank Syariah Indonesia Signs the UN Principles for Banking
Global Islamic Finance Summit (GIFS) 2025, BSI Contribution Strengthens Halal
81 April 23, 2025
Ecosystem
82 April 24, 2025 BSI Successfully Sells Sukuk Ritel ST014, Oversubscribed 153%
83 April 29, 2025 Strengthening Penetration, BYOND by BSI Enlivens English League Fans Night
84 April 30, 2025 BSI Wealth Insight Present at GIFS 2025, Providing More for Priority Customers
GIFS 2025 Becomes Launch Platform for BSI MCI, Islamic Economic Indicator in
85 April 30, 2025
Indonesia
Indonesia’s Representative at UN ECOSOC Forum, BSI Optimistic Islamic Finance Will
86 April 30, 2025
Grow Rapidly Globally
87 April 30, 2025 Driving Digital Innovation and Gold Business, BSI Q1 2025 Profit Grows Double Digit
88 May 2, 2025 BSI Emphasizes ESG Commitment, Prepares Special Facilities for Hajj Pilgrims
Strengthening Digital Transactions, BSI Accelerates EDC Machine Services in
89 May 7, 2025
Indonesia
90 May 7, 2025 BSI Performance Grows Strong, BRIS Shares Increase 28.21%
BSI at GIFS 2025 & Performance Leap to Global Stage: Real Footprint of Islamic
91 May 8, 2025
Banking for the Country
BSI Griya Business Shows Positive Growth, Drives Market Potential of Gen Z &
92 May 9, 2025
Millennials
Consistently Supporting MSME Growth, BSI Entrepreneur Talent Wins Best
93 May 9, 2025
Sustainability in Finance & Skills Recognition for MSMEs
94 May 14, 2025 Ready to Go Global, BSI Achieves International ISO 22301:2019 Certification
95 May 14, 2025 Enhancing Customer Services, BSI Operates 674 Weekend Banking Outlets
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506 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 509
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CORPORATE SECRETARY
No. Date Release Title
96 May 15, 2025 Contribution to National Economy, BSI Financing Grows 15.46% Since Merger
97 May 15, 2025 BSI Optimizes Riyal Exchange Services at 18 Hajj Embarkation Points
Annual GMS Held, BSI Sets Total Dividend of Rp1.05 Trillion and Appoints Anggoro Eko
98 May 19, 2025
Cahyo as President Director
99 May 20, 2025 BSI MSME Center, Strategic Partner for MSME Business Growth
100 May 21, 2025 Accelerating Business Growth, BYOND Mobility Available Across Indonesia
101 May 21, 2025 Bank Syariah Indonesia Distributed Dividends of Rp1.05 Trillion on June 19, 2025
102 May 22, 2025 Won 4 Awards from Euromoney, BSI ESG & Wealth Management Recognized Globally
103 May 26, 2025 BYOND Facilitates Qurban Worship, BSI Collaborates with 17 LAZNAS
Supporting Regional Economic Independence, BSI Inaugurates 2 Fisheries Cluster
104 May 28, 2025
Villages in Makassar
Supporting Digital Transformation of Zakat Management Organizations, Ziswaf
105 May 28, 2025
Funds at BSI Reach Rp2.03 Trillion
106 June 2, 2025 BSI Intensifies Young Hajj Literacy through Gold Installment and Hajj Savings
BSI Again Holds BSI International Expo 2025, Raising the Theme “Engaging Indonesia
107 June 4, 2025
in the Global Halal Industry”
Distribution of BSI Qurban Animals Reached 15,272 Heads during Eid al-Adha 1446
108 June 10, 2025
Hijri
109 June 11, 2025 Expanded Services in 13 Countries, BSI Remittance Transactions Increased 15%
Reached 12.2 Million Transactions, BSI Agents Become a Pillar of Branchless Sharia
110 June 11, 2025
Services
111 June 13, 2025 BSI Boosts Payroll Penetration, Strengthening Low-Cost Fund Foundation
112 June 17, 2025 BSI Entrepreneur Talent Entered Bootcamp Phase
113 June 18, 2025 BSI Supports Halal Lifestyle through BSI International Expo 2025
50 Hajj and Umrah Travel and Halal Tourism Providers Present at BSI International
114 June 19, 2025
Expo 2025
BSI International Expo 2025 Facilitates Hundreds of Food and Beverage MSMEs in the
115 June 20, 2025
Halal Ecosystem
Maher Zain Performed Inclusively at BSI International Expo 2025, A Performance for
116 June 23, 2025
BSI’s Sharia Community
Momentum for Acceleration of Islamic Ecosystem & Bullion Bank Services through
117 June 25, 2025
BSI International Expo 2025
Focus on Supporting Halal Industry, BSI Islamic Ecosystem Managed Funds Reach
118 June 25, 2025
Rp13 Trillion, Growing 12.81%
Buy to Installment Gold, BSI Presents Complete Gold Services at BSI International
119 June 25, 2025
Expo 2025
Danantara Indonesia: “BSI International Expo 2025 as a Milestone Toward Indonesia as
120 June 30, 2025
Global Halal Ecosystem Leader”
BSI Relaunched BSI Scholarship Program 2025 to Create Characterized Young
121 June 30, 2025
Leaders
BSI Launched Islamic Endowment Fund by BSI, Strengthening an Inclusive and
122 June 30, 2025
Sustainable Islamic Ecosystem
Reaffirming Commitment to Sustainable Finance, BSI Launches Green Card,
123 June 30, 2025
Education Scholarships, and Officially Joins UNEP FI
BSI Entrepreneur Talent Champion 2024–2025 Drives Green Innovation and MSME
124 June 30, 2025
Sustainability
BSI International Expo 2025 Recorded Rp2.66 Trillion Transactions and 60 Thousand
125 June 30, 2025
Visitors
126 June 30, 2025 Launch of BSI OTO via BYOND, Buying a Car Now Becomes Easier
ANNUAL REPORT 2025
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CORPORATE SECRETARY
No. Date Release Title
Presenting Digital Solutions for MSMEs and Corporations, BSI Collaborates with Zahir
127 June 30, 2025
International
128 July 2, 2025 Issued Sustainability Sukuk Rp5 Trillion, BSI Drives Sustainable Financing
BSI Collaborates with GAHC, Facilitating Halal Certification in Australia for Indonesian
129 July 3, 2025
MSMEs
BSI and Mekari Collaborate to Realize an Efficient and Integrated Digital Sharia
130 July 7, 2025
Financial Ecosystem
New Innovation, Public Can Purchase Umrah Travel Packages through BYOND
131 July 8, 2025
Superapps
132 July 9, 2025 BSI Helps MSME Customers Export Coffee to the Middle East
133 July 10, 2025 BSI Gold Installment and Pawn Financing Soared 92.52%
134 July 14, 2025 Facilitating Access to Capital Market Services, BSI Sharia RDN Increased 26%
BSI and UI Collaborate to Provide Sharia Financial Literacy to Melbourne University
135 July 15, 2025
Students
Strengthening Communication Sector, BSI and Telkom Akses Establish Strategic
136 July 18, 2025
Partnership
137 July 21, 2025 Supporting Red and White Village/Subdistrict Cooperatives, BSI Prepares Assistance
Story of MSME CV Hasanah Abadi Jaya Becoming Bankable through BSI Coaching
138 July 21, 2025
and Assistance
BSI Provides Sharia Financing for Indomaret Franchisees, Retail Business Becomes
139 July 24, 2025
Easier
Collaborating with Kuliner.id, BSI Drives Digital Services for Halal Food & Beverage
140 July 24, 2025
MSMEs
BSI Supports Green Investment as a Strategy Toward Demographic Bonus & National
141 July 25, 2025
Energy Transition
Collaboration with BP Tapera and PERSIS, BSI Accelerates Distribution of Subsidized
142 July 28, 2025
Mortgage (KPR) FLPP Scheme
143 July 28, 2025 BSI Reaffirms Global Commitment to ESG and Sustainable Finance
BSI Becomes Main Sponsor of Financial Services League 2025, Strengthening Synergy
144 July 28, 2025
and Sports Development in Financial Industry
Driving Sharia Financial Penetration, This Year BSI Strengthens KEJAR Literacy in 100
145 July 28, 2025
Schools in Jakarta
146 August 5, 2025 BSI Optimizes Islamic Social Finance Innovation Amid Global Economic Challenges
Strengthening Cash Waqf Synergy Commitment, BSI Wins BWI Strategic Partner
147 August 6, 2025
Award 2025
148 August 7, 2025 Bullion Bank Business Continues to Grow, Gold Purchases at BSI Increased 441% YoY
149 August 8, 2025 Full Support for Government Program, BSI Presents Gold Savings Guarantee
BSI Supports Strengthening Green Financing Synergy, Driving Sustainable Economic
150 August 11, 2025
Development
BSI Strengthens Its Role in the Education Sector Through Synergy with
151 August 12, 2025
Kemendikdasmen
Encouraging Low-Cost Funds Growth, BSI Launches Prize-Based Hajj Savings
152 August 14, 2025
Program
153 August 14, 2025 More Than 16 Thousand Students Enthusiastically Register for BSI Scholarship 2025
154 August 17, 2025 BSI Presents Mobile Prayer Facility at HUT RI People’s Festival Location
BSI Expands Remittance Services to Qatar, Facilitating Indonesian Citizens’ Access to
155 August 17, 2025
Sharia Finance
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CORPORATE SECRETARY
No. Date Release Title
Facilitating Access to Sharia Services, BSI Gallery Available in Offices and Shopping
156 August 19, 2025
Centers
Dozens of MSME Tenants Fostered by BSI Enliven the 80th Independence Day
157 August 19, 2025
People’s Festival
Celebrating the 80th Independence Day of the Republic of Indonesia, BSI Offers
158 August 19, 2025
Attractive Promotions
159 August 22, 2025 BSI Bullion Business Reaches 1 Ton of Gold
PT Bank Syariah Indonesia Tbk Appreciates Bank Indonesia’s Policy to Reduce BI Rate
160 August 22, 2025
by 2025 Bps to 5% at the Recent RDG
161 August 22, 2025 BSI Supports Indonesia’s Progress Through Strengthening Sharia Economy
Fixed Installment Scheme Facilitates Customers, BSI Consumer Financing Trend
162 August 25, 2025
Positive
Consistently Improving One Student One Account (KEJAR), BSI Wins 3 OJK Literacy
163 August 26, 2025
Awards
BSI Launches Green Zakat Framework to Optimize Indonesia’s Zakat Potential of
164 August 28, 2025
Rp327 Trillion
165 August 29, 2025 Supporting Halal Tourism, BSI Offers Promotions at Saudia Travel Fair 2025
166 September 1, 2025 BSI Encourages Sustainable Education Through Rumah Qur’an BSI Program
Encouraging Indonesia’s Halal Industry Advancement, BSI Facilitates Booking Seat
167 September 2, 2025
Travel Umrah Financing
168 September 3, 2025 Facilitating Public Access, BSI Agents Ready to Serve BPJS Employment Registration
169 September 4, 2025 Gold Prices Surge, Public Demand for BSI Gold Installment Increases
Bank Syariah Indonesia Presents 345 Weekend Banking Outlets During September
170 September 8, 2025
2025
Green Economic Movement, BSI, PLN, and Masjid Raya Bintaro Jaya Present SPKLU
171 September 8, 2025
and RVM
Focus on People’s Economic Empowerment, MSME Customers Fostered by BSI
172 September 9, 2025
Increase by 9%
173 September 10, 2025 Gold Business Growth Drives Fee-Based Income, BSI Increases 34%
174 September 11, 2025 Solid Gold Business Fundamentals Drive BRIS Shares Up 6.40%*
175 September 12, 2025 Consistently Supporting Green Economy, BSI Green Financing Increases 14.50%
Disbursing Rp65.5 Billion, BSI Facilitates Outstanding Regional Students to Enter Top
176 September 15, 2025
Indonesian Universities
More Comfortable Hajj Preparation, Open BSI Savings Account with Only Rp100
177 September 15, 2025
Thousand
Simultaneous Auction Festival September 12 – November 12, BSI Prepares 2000 Assets
178 September 18, 2025
with Competitive Prices
Solid and Above-Industry Average Growth Performance, BSI Wins Best Performance
179 September 19, 2025
Sharia Bank 2025
180 September 19, 2025 Rising Gold Prices Have Positive Impact on BSI Customers
181 September 23, 2025 Antam Gold Prices Surge, BSI Offers BSI Gold at Rp2,154,600/Gram
182 September 23, 2025 Gold and Hajj Business Drive Solid Performance, BSI Records Rp3.7 Trillion Profit*
BSI, BSI Maslahat, and Global Spirit of Ummah Collaborate to Develop Cash Waqf
183 September 23, 2025
Through CWLD
BSI and KAGAMA Launch Waqf Deposit, Endowment Fund Initiative for Renovation of
184 September 25, 2025
Singgah Houses
Elected as Chairman of Asbisindo, Anggoro Eko Cahyo Prepares Five Strategies to
185 September 25, 2025
Strengthen Sharia Economy
ANNUAL REPORT 2025
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CORPORATE SECRETARY
No. Date Release Title
Supporting the 3 Million Houses Program, BSI Participates in Mass Mortgage Signing
186 September 29, 2025
for KPR Sejahtera FLPP Attended by the President
187 September 30, 2025 BSI Assists Evacuation of Islamic Boarding School Disaster in East Java
188 October 2, 2025 BSI Expands Job Opportunities Through BiBiT Internship
189 October 2, 2025 BSI Leads Islamic Banking Facing New ESG Era and Global Standards IFRS S1 & S2
BSI, Sahabat Finansial Umat, Strengthens Synergy of Goodness with Wahdah
190 October 6, 2025
Islamiyah
191 October 6, 2025 BSI Supports Halal Tourism Through MotoGP Mandalika 2025
192 October 6, 2025 Ready to Become Global Player, BSI Expands Inclusion Through Digital Innovation
193 October 7, 2025 BSI Offers Cashback Promotions Up to Gold at ISEF 2025, Mark the Date!
194 October 8, 2025 Improve Literacy, BSI Collaborates with MUI to Prepare Sharia Financial Preachers
195 October 8, 2025 Gold Rises, Buy Gold at BSI Now!
196 October 9, 2025 Through Financial Innovation, BSI Transforms Productive Waqf Movement
197 October 13, 2025 Financial Services League BSI 2025 Officially Closed, Bank Indonesia Wins Division 1
BSI Strengthens Industry Synergy Through Signing of PLNS, SiPA, and Mini MRA–
198 October 13, 2025
Repo Sharia at ISEF 2025
BSI Collaborates with Mandiri Manajemen Investasi to Strengthen Sharia Capital
199 October 13, 2025
Market, Launches Maslahat Mutual Fund
BSI Realizes Spirit of Social and Spiritual Care Through Run for Humanity, Trail Run
200 October 13, 2025
Sentul
BSI Commits to Strengthening Digital Penetration in the Islamic Boarding School
201 October 13, 2025
Ecosystem
202 October 14, 2025 Consistently Promoting Sharia Literacy, BSI Receives Award from Bank Indonesia
203 October 14, 2025 Strengthening Sharia Financial Penetration, BSI Custodian Business Grows 34%
204 October 15, 2025 Focus on People’s Economy, BSI MSME Financing Increases 9.01%
205 October 17, 2025 BSI Wins Social Pillar Award at ESG Now Awards 2025 Through Implementation of
Green Zakat Desa BSI
206 October 17, 2025 BSI Receives Mandaya Award 2025 for Dedication and Contribution to Community
Empowerment
207 October 20, 2025 BSI Collaborates with 164 Muhammadiyah Universities to Strengthen Digitalization of
the Islamic Education Ecosystem
208 October 20, 2025 BSI Mortgage Expansion Reaches Rp1 Trillion per Month, Gen Z and Millennials
Become Primary Targets
209 October 21, 2025 Strengthening ESG Commitment, BSI Partners with GGGI to Accelerate Sustainable
Financial Ecosystem Development
210 October 22, 2025 National Santri Day Event, BSI and PPATK Provide Cybercrime Education
211 October 22, 2025 BSI Participates in the Signing of Mass KUR Financing Agreements for 800,000 MSME
Entrepreneurs
212 October 28, 2025 Healthcare Ecosystem Synergy, BSI Donates Blood Donation Vehicle to RSUP Dr.
Kariadi Semarang
213 October 28, 2025 BSI Prepares Five Strategies to Upgrade MSMEs
214 October 30, 2025 BSI Continues to Educate Young People on Gold Ownership Through Digital
Applications
215 October 30, 2025 One Year of the Prabowo Administration, BSI Achieves Growth Above Industry
Performance
216 October 31, 2025 Strengthening Synergy, BSI Supports “BRIMOB Beraji” Program Through Education
and Hajj Savings Services
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No. Date Release Title
217 November 3, 2025 Green Financing Increases, Supporting Solid BSI Performance
218 November 3, 2025 Business Growth Above Industry, BSI Implements Four Strategies to Strengthen Risk
Management
219 November 4, 2025 Green Financing Increases, Supporting Solid BSI Performance
220 November 5, 2025 BSI Strengthens Sharia Financial Penetration in East Java
221 November 6, 2025 IT System Improvements Drive Stronger BSI Performance
222 November 10, 2025 Maher Zain and Harris J Ready to Rock Three Major Indonesian Cities in “BSI Maher
Zain Live in Concert: Indonesia Tour 2025”
223 November 11, 2025 Collaborating with Local Governments, BSI Provides Hajj Planning Education
224 November 12, 2025 BSI Obtains Gold Savings Service License
225 November 14, 2025 BSI Optimizes ZISWAF for 300,000 Indonesians
226 November 17, 2025 BSI Supports Digital Transformation of Muhammadiyah Central Leadership Through
Muhammadiyah Aisyiyah Super Apps (MASA)
227 November 17, 2025 Year-End Promotion, BSI Offers Deals at Visit Saudi Travel Fair 2025
228 November 19, 2025 South Sumatra Governor Inaugurates BSI Pavilion Palembang, Strengthening Sharia
Services in Sumatra Region
229 November 20, 2025 BSI Priority Holds Wealth Insight Roadshow: Golden Step into the Future to Expand
Literacy and Gold Business Inclusion in Five Cities
230 November 20, 2025 Official Partnership, BSI Launches “Griya Hakim” Program for Indonesian Judges
Association Members
231 November 21, 2025 BSI Supports Digitalization Collaboration of Hajj Services with the Ministry of Hajj
232 November 24, 2025 BSI Ready to Produce Professional Talent Through National Internship Program
233 November 24, 2025 BSI Strengthens Youth Financial Literacy on Gold Ownership Through Sports Events
234 November 25, 2025 Supporting MBG Program, BSI Provides Financing for Development of Wahdah
Islamiyah SPPG Kitchen
235 November 28, 2025 Facilitating Phase I Hajj Payment Settlement, BSI Optimizes E-Channel Services
236 December 1, 2025 BSI Provides Emergency Response Assistance to Aceh Communities and Accelerates
Service Recovery
237. December 2, 2025 Directly Leading the Distribution of Aid, BSI President Director Sends Additional
Assistance for Communities in Aceh
238. December 3, 2025 Branch Services Gradually Return to Normal, 72% of BSI Regional Aceh Already
Operational
239. December 3, 2025 Commemorating International Day of Persons with Disabilities, BSI Enhances
Disability-Friendly Services
240. December 4, 2025 BSI Sharia Economic Outlook 2026: Indonesia in 2026 Projected to be Resilient, Bold,
and Promising
241. December 4, 2025 BSI Offers Promotions for Booking and Paying for Flight and Train Tickets via BYOND
242. December 8, 2025 BSI Synergizes with Pertamina Patra Niaga in Disaster Response, Ensuring Banking
Services in Aceh Continue to Operate
243. December 8, 2025 Inaugurating the BSI Tasikmalaya Building, BSI Ready to Drive the Penetration of
Islamic Financial Markets in West Java
244. December 8, 2025 BSI MSME Center Becomes a Business Hub, Driving Double-Digit Acceleration in
Digital Activation
245. December 8, 2025 Partnering with Muhammadiyah, BSI Accelerates Aid Distribution for Disaster Victims
in Aceh
246. December 8, 2025 91% of BSI Regional Aceh Operating on a Limited Basis, While Medan and West
Sumatra Regions Operate 100% Normally
247. December 8, 2025 BSI Plants 15,000 Trees to Support Sustainable Finance through the One Home One
Tree Program
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No. Date Release Title
248. December 9, 2025 BSI Together with Polda Metro Jaya Confirms There Is No Disbursement of SAL Grant
Funds from the Bank
249. December 10, 2025 MRT Lebak Bulus Station Officially Renamed Lebak Bulus–Bank Syariah Indonesia
Station
250. December 11, 2025 BSI Targets the Addition of 1,000 Pesantren Partnerships by the End of the Year
251. December 12, 2025 BSI and BSI Maslahat Have Distributed 78.7 Tons of Aid for Disaster Survivors in
Sumatra
252. December 15, 2025 Successfully Driving BSI’s Digital Transformation, Anggoro Eko Cahyo Named Sharia
Banking Transformation Leader of the Year
253. December 15, 2025 Golden Steps of Care for Sumatra, BSI Introduces Promotion to Purchase Gold While
Donating
254. December 16, 2025 Ahead of Year-End, BSI Prepares Cash of Rp15.49 trillion
255. December 18, 2025 Supporting Aceh’s Economic Recovery, BSI Prepares Financing Restructuring
256. December 18, 2025 25 Clean Water Tankers Donated by BSI Depart for Aceh
257. December 19, 2025 59% of Prospective Hajj Pilgrims Have Settled BIPIH Payments through BSI
258. December 19, 2025 Logistics Assistance Reaches 125 Tons, 100 Additional BSI Volunteers Dispatched to
Aceh to Support Post-Disaster Recovery
259. December 22, 2025 BSI Participates in the Mass Signing of 50,000 FLPP Mortgage Units Attended by
President Prabowo
260. December 24, 2025 Supporting Financing, BSI Supports the Free Nutritious Meals Program
261. December 24, 2025 Post-Disaster, 98% of BSI Agent Network in Aceh Has Recovered and Resumed
Operations to Serve the Community
262. December 24, 2025 Solid Performance Growth, BSI Expands Services through the Banten Area Office and
KCP Tangerang City
263. December 24, 2025 During the Nataru Holiday Period, 348 BSI Branches Ready to Serve Customers
264. December 30, 2025 Services Fully Restored, BSI Ensures Operations and Customer Transactions in Aceh
Return to Normal
Corporate Website Education, Literacy, Inclusion, and Consumer Protection
In order to enhance transparency and access to As a financial services institution (LJK), BSI carries out
information for shareholders and stakeholders, the activities to improve financial literacy and inclusion for
Company provides an official website as a means of consumers/the public as mandated by POJK No. 3 of 2023
delivering current and up-to-date information. The concerning the Enhancement of Financial Literacy and
management of the website has referred to POJK No. Inclusion in the Financial Services Sector for Consumers
8/POJK.04/2015 concerning the Website of Issuers or and the Public. The planning of educational activities has
Public Companies, which requires the provision of been submitted together with the submission of the Bank
information in an open, accurate, and easily accessible Business Plan or RKAP.
manner to the public.
In 2026, the Bank carried out educational activities both
Through the website, the Company presents offline and by utilizing digital education through the
information in Bahasa Indonesia and English,
Company’s social media channels. Included in these
covering general corporate information, investor
educational activities is consumer protection from scam
information, corporate governance, and corporate
crimes, fraud, and others in the form of videos, offline
social responsibility. In addition, information related
to products, services, promotions, and the Company’s meetings, and others. A total of 472 offline activities and 859
activities is also provided periodically to meet the online activities were conducted, with total participants/
information needs of stakeholders. viewers reaching 17.3 million. Education, literacy, and
inclusion activities targeted 10 groups in accordance with
The Company also utilizes social media as a digital the OJK mandate, including women, fishermen, farmers,
communication channel to disseminate information students, persons with disabilities, MSMEs, migrant
on products and services, as well as a medium for workers, employees, communities, and 3T communities
interaction and response to customer needs. (frontier, outermost, and disadvantaged areas).
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INVESTOR RELATIONS
The Investor Relations (IR) function at BSI serves as a strategic interface between the Bank and the
capital market community by providing comprehensive, accurate, and timely information to investors,
shareholders, analysts, and other market participants. Through structured communication, IR supports a
clear understanding of BSI’s financial performance, business strategy, and long-term prospects, thereby
fostering an objective and credible market perception.
In supporting the implementation of Good Corporate Governance, BSI’s IR ensures transparency through
various communication channels, including meetings with investors and analysts, public exposes,
strategic presentations, publication of reports, and participation in capital market forums and conferences.
This consistent and responsive communication approach strengthens market confidence and reinforces
BSI’s position as a transparent, resilient Islamic bank committed to sustainable value creation.
Investor Relations Group Head Profile
RIZKY BUDINANDA
Investor Relation Group Head
Indonesian Citizen
Born in Cirebon, in 1977.
48 Years Old as of December 2025
Domiciled in DKI Jakarta, Indonesia
Legal Basis of Appointment Work Experience
Decree No. 02/01067-SKPT/ HC-BSI •• Group Head Investor Relation – PT Bank
Syariah Indonesia Tbk (2022-sekarang)
Educational Background •• Senior Vice President Financial Institution
•• Bachelor of Banking and International Finance, Group & Public Sector – HSBC (2013- 2022)
Flinders University of South Australia (2000) •• Head of Execution, Corporate & Invesment
•• Master of Applied Finance, Monash University Banking – PT Bank DBS Indonesia (2009-2012)
Australia (2001) •• Assistant Vice President, Execution, Corporate
Banking – PT Bank DBS Indonesia (2007-2009)
Certification •• Investment Banking, PT Mandiri Sekuritas
Risk Management Certification Body – 6 (2003-2007)
Qualification in Risk Management
INVESTOR RELATIONS CONTACT Investor Relations
Gedung The Tower
The contacts for PT Bank Syariah Jl. Gatot Subroto No. 27
Indonesia Tbk Investor Relations Kelurahan Karet Semanggi, Kecamatan Setiabudi,
are as follows: Jakarta Selatan 12930
Email: investor-relations@bankbsi.co.id
Website: ir.bankbsi.co.id
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INVESTOR RELATIONS
Investor Relations Duties and Responsibilities 4. Fulfilling the obligation to provide accurate
The following are duties and responsibilities of and reliable information to investors and other
Investor Relations: relevant parties, in order to strengthen the
1. Maintaining relationships with regulators, perception of the Company as a reputable,
shareholders, and capital market participants, credible, and attractive publicly listed company.
including fund managers, buy-side and sell-side 5. Conducting analysis of market conditions and
analysts, stockbrokers, insurance companies, share price movements and reporting the
rating agencies, and other stakeholders, to results to Management to provide updates on
preserve trust and enhance the Company’s the Company’s current valuation.
value in the capital market. 6. Ensuring compliance with all capital market
2. Developing communication and information regulations, including but not limited to
strategies that create positive awareness reporting requirements and the provision of
among shareholders regarding the Company’s data and information required by investors,
financial position and business prospects, with regulators, and other stakeholders.
the objective of establishing strong financial 7. Enhancing capital market literacy and
relationships between the Company and its understanding among all Company employees
shareholders. through knowledge-sharing sessions by
3. Proactively communicating the Company’s inviting speakers with relevant expertise.
strategy and performance to support the
formation of long-term share valuation through Investor Relations Activities in 2025
various communication activities, such as The following is detailed list of Investor Relations
Quarterly Earnings Calls/Analyst Meetings, activities in 2025:
one-on-one meetings, Annual Public Exposes,
investor conferences, roadshows and non-deal
roadshows, as well as other communication
activities, both domestically and internationally.
No. Activities Total Description Location
Quarterly Earnings Presentation regarding the Company’s performance
1. 4 Jakarta
Call results delivered periodically to institutional investors.
Presentation on the Company and its management in Kuala Lumpur,
designing and implementing the Company’s strategies, Bangkok, Jakarta,
Investor
2. 20 conducted through conference events involving Singapore, Taipei,
Conference
securities institutions, institutional investors, and Hong Kong, London,
potential investors both in Indonesia and abroad. Dubai
New York, Boston,
Communication activities to existing investors regarding
Non-Deal Chicago, San
3. 7 the Company’s performance conducted through
Roadshow Francisco, Paris,
roadshows both domestically and internationally.
Frankfurt, London
Presentation on the Company’s strategies conducted
Institutional
4. 362 through one-on-one meetings or online meetings with Jakarta
Investor Meeting
existing investors and prospective investors.
Collaboration
Collaboration with securities companies aimed at
Event with
5. 1 providing an update on the Company’s performance, Jakarta
Securities
primarily for retail investors.
Companies
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Investor Relations Training in 2025
Several training programs attended by the Investor Relations team in 2025 included:
No. Type of Trainings Date and Venue Organizers
1 Refreshment BCM 10 January 2025 to 01 July 2025 / Online BCM
27 February 2025 to 28 November 2025 /
2 Refreshment ESG LPPI
Online
BSI Corporate
3 Essential Series Basic IT Security 3 March 2025 to 30 Juni 2025 / Online
University
BSI Corporate
4 Essential Series Basic Data Protection 3 March 2025 to 30 Juni 2025 / Online
University
BSI Corporate
5 KSF Beyond Cryptocurrency 24 April 2025/ Jakarta
University
BSI Corporate
6 Telp Seri 1 - Bullion Bank 13 June 2025 / Jakarta
University
7 Essential Series APUPPT & PPSPM 21 July 2025 to 8 Agustus 2025 / Online Sora
8 Essential Series AI Literacy 21 July 2025 to 8 Agustus 2025 / Online Sora
9 Essential Series Data Driven Analyzing 21 July 2025 to 8 Agustus 2025 / Online Sora
Essential Series Basic Risk
10 21 July 2025 to 8 Agustus 2025 / Online Sora
Management
26 August 2025 to 14 September 2025 /
11 Essential Series Basic Fiqh Muamalah Sora
Online
26 August 2025 to 14 September 2025 /
12 Essential Series Basic Regulatory Sora
Online
Essential Series Basic Applying 26 August 2025 to 14 September 2025 /
13` Sora
Expertise and Technology Online
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INTERNAL AUDIT
Internal Audit is an independent and objective assurance and consulting activity
designed to add value and improve the Bank’s operations through a systematic
approach by evaluating and enhancing the effectiveness of risk management,
internal control, and the Bank’s governance processes.
BSI’s Internal Audit Unit (SKAI) is the unit responsible for performing the Internal Audit
function through assurance and advisory activities. SKAI operates independently
and objectively, with the objective of adding value and providing improvement
recommendations to the Bank’s operations through a systematic, risk-based
approach and by assessing the effectiveness of risk management, internal control,
and governance processes.
The active role and oversight of the Board of Directors and the Board of Commissioners
over the Internal Audit function at BSI are carried out on an ongoing basis to ensure
independence, objectivity, and effectiveness in accordance with SEOJK No. 14/
SEOJK.03/2025. The Board of Directors is responsible for strengthening the risk-based
internal control framework, ensuring adequate access to information, following
up on audit findings, and providing sufficient resources and budget for SKAI. The
Board of Commissioners performs its supervisory role by ensuring the adequacy and
effectiveness of the internal control system, conducting periodic reviews based on
SKAI reports, and appointing an independent external quality assurance reviewer,
taking into account the Audit Committee’s recommendations.
In performing the internal audit function, BSI maintains regular communication with
the OJK at least once a year to discuss key risk areas, risk mitigation measures, follow-
up actions on identified weaknesses, internal audit findings and recommendations,
and the annual audit plan. The Bank follows up on OJK recommendations to
enhance the effectiveness and efficiency of the internal audit function. The overall
implementation of the internal audit function, including SKAI’s structure, authority,
and core duties, complies with prevailing OJK regulations applicable to commercial
banks.
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Internal Audit Unit Head Profile
ADE HASBALLAH ABDULLAH
SEVP Internal Audit
Indonesian Citizen
Born in Pidie Regency, in 1969
56 Years Old as of December 2025
Domiciled in Bekasi, Indonesia
Legal Basis of Appointment »» PJ Area Head Jakarta Fatmawati (January 2,
Board of Directors Decree No. 05/578-KEP/DIR 2015)
dated 13 August 2025 »» Area Head Jakarta Fatmawati (September 1,
2015)
Educational Background »» Area Head Jakarta Tebet Supomo (03
•• Bachelor of Economics, Accounting, Syiah September 2015)
Kuala University, 1993. »» PJ Reg CEO II/Sumatera 2 (October 4, 2021)
•• Master of Business Administration, Gadjah »» Reg CEO II/Sumatera 2 (June 1, 2022)
Mada University, 2008 »» Chief Auditor Retail Audit (August 1, 2023)
Certification Trainings Attended in 2025
•• Risk Management Certification Level 6 •• Risk Management Certification Level 7
•• Risk Management Competency Certification Preparation
Level IV •• Basic Sharia Banking Training for Officers
•• Cash Management Certification (SPPUR) •• Pre-Retirement Preparation Program
•• Competency Based Interview
•• Management Competency Certification
Work Experience
•• PT Bank Syariah Indonesia Tbk
»» SEVP Internal Audit (Appointed August 1,
2025 - current)
•• PT Bank Mandiri (Persero) Tbk
»» Auditor (May 1, 1995)
»» AM Officer (August 1, 1999)
»» AM Professional Staff (August 27, 2001)
»» MGR PS Recruitment (January 11, 2003)
»» SRM PS Recruitment & Placement (June 26,
2003)
»» SRM PS Manpower Plan (October 14, 2005)
»» DH Performance MGMT & Business Support
(February 1, 2008)
»» PJ Area Manager Banda Aceh (March 15, 2011)
»» Area Manager Banda Aceh (March 15, 2011)
»» Area Manager Jakarta Fatmawati (May 1, 2011)
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Organizational Structure
The structure and position of Internal Audit within the Internal Audit Unit (SKAI), in carrying out its duties
and functions, are led by the Senior Executive Vice President (SEVP) of Internal Audit, who oversees 3
(three) groups and 2 (two) departments with specialised responsibilities in the following areas:
1. Wholesale & Corporate Center Group
a. Wholesale & Treasury Banking Audit
b. Finance, Strategy & Procurement Audit
c. Risk, Compliance & Human Capital Audit
d. Audit Policy & Development Audit
e. Sharia Audit
2. Retail, Distribution & Digital Banking Audit
a. Retail Banking Audit
b. Distribution, Strategy & Funding Audit
c. Digital Transaction Banking Audit
d. Audit Counterpart & Support
3. IT Audit
a. IT Strategy, Development & Governance Audit
b. IT Operation & Infrastructure Audit
c. IT Security Audit
d. Audit MIS & Data Analytics
5. Investigation Audit Department
6. Audit Quality Assurance
Sharia Supervisory Board of
Board Commissioners
Annual General Meeting
of Shareholders
Sharia Committee Audit Committee
Sharia Supervisory Board of
President Director Remuneration &
Board Commissioners
Nomination Committee
Internal Audit (Chief Risk Monitoring
Audit Executive) Committee
Wholesale & Retail Distribution &
Information Technology
Corporate Center Digital banking Audit
Audit Group
Audit Group Group
Quality Wholesale & Treasury IT Infrastructure & Investigation
Retail Banking Audit
Assurance Banking Audit Security Audit Audit
Finance, Strategy, & Distribution Strategy
IT Operation Audit
Procurement Audit & Funding Audit
Risk, Compliance, & IT Strategy, Governance, Digital & Transaction
Human Capital Audit & Development Audit Banking Audit
Audit MIS & Data Audit Counterpart &
Sharia Audit
Analytics Support
Audit Policy 7
Development
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Internal Audit Position in the Organizational Board of Directors for immediate corrective
Structure action.
a. The Internal Audit Unit (SKAI) reports directly to 9) Monitoring corrective actions taken in
the President Director. response to significant findings.
b. In carrying out its duties, SKAI submits reports 10) Reporting the results of monitoring
to the President Director and/or the Board of corrective actions on significant findings
Commissioners, with copies provided to the to the Board of Directors and the Board of
Audit Committee and the Director in charge of Commissioners, with copies to the Audit
the compliance function. Committee and the Director in charge of
c. SKAI may communicate directly with the Board the compliance function.
of Directors, the Board of Commissioners, the 11) Ensuring that, in the event external parties
Audit Committee, and the Sharia Supervisory are engaged for internal audit activities.
Board. a) knowledge transfer from external parties
d. The Head of SKAI is appointed and dismissed by to SKAI members takes place and the
the President Director with the approval of the use of external experts is considered
Board of Commissioners, taking into account temporary.
the recommendation of the Audit Committee. b) the engagement of external parties
e. SKAI cooperates with other work units does not affect the independence and
performing control functions within the Bank, objectivity of the SKAI function.
with emphasis on the effectiveness of control c) external parties comply with the Internal
functions. Audit Charter of PT Bank Syariah
f. SKAI maintains functional relationships and Indonesia Tbk.
may communicate directly with the Board of 12) Submitting findings related to the
Commissioners, the Board of Directors, the implementation and compliance with
Audit Committee, and the Sharia Supervisory sharia principles to the Sharia Supervisory
Board. Board.
g. SKAI maintains a coordination relationship 13) Preparing written policies and procedures
with the Integrated Internal Audit Unit (SKAIT) as guidance for Auditors in performing their
of the Parent Bank. duties.
h. The Head of SKAI is responsible for:
1) Acquiring adequate competence and Appointment and Dismissal of the Head of
capability to lead an independent and Internal Audit
objective internal audit function. The Head of Internal Audit Unit (SKAI) is appointed
2) Ensuring the implementation of internal and dismissed by the President Director with the
audit function in line with Internal Audit approval of the Board of Commissioners, taking
Professional Standard and Internal Audit into account the recommendation of the Audit
Code of Ethics. Committee. In line with POJK No. 1/POJK.03/2019
3) Selecting competent human resources in dated 29 January 2019 on the Implementation of
line with SKAI duties requirements. the Internal Audit Function in Commercial Banks,
4) Ensuring that SKAI members participate in SKAI is organizationally placed directly under the
continuing professional development and coordination of the President Director.
other training in line with the increasing
complexity and scope of the Bank’s business Internal Audit Charter
activities. The Bank has an Internal Audit Charter as a
5) Preparing and periodically reviewing the guideline for the implementation of internal audit
Internal Audit Charter. function. The Internal Audit Charter governs,
6) Preparing the annual audit plan and budget among others:
allocation for the implementation of the 1. The execution of internal audit function in
internal audit function. conducting audit activities.
7) Ensuring the implementation of internal 2. The initiation of communication.
audit activities in accordance with audit 3. The audit of activities of PT Bank Syariah
plan. Indonesia Tbk.
8) Reporting significant audit findings to the 4. The authority to access records, documents,
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INTERNAL AUDIT
data, and physical assets, including of Internal Audit, including printed and
management information systems and electronic data, records, employees, funds,
minutes of management meetings. assets, locations or areas, and other information
related to the Bank’s resources.
The Internal Audit Charter is reviewed at least 5. Conducting investigative activities on cases/
once every 3 (three) years, subject to approval by issues in all aspects and elements of activities
the Board of Commissioners and stipulation by indicated to involve fraud and/or violations of
the President Director, taking into account the the Code of Conduct (CoC).
recommendation of the Audit Committee. 6. Determining audit schedules, audit objects,
personnel, scope, methodologies, techniques,
Responsibilities of Internal Audit tools, and audit approaches related to the
1. Assisting the President Director and the implementation of general audit activities and
Board of Commissioners in carrying out investigative activities.
oversight by operationalizing audit planning, 7. Coordinating activities with the External
implementation, and monitoring of audit Auditor.
results. 8. Engaging external parties or non-Internal
2. Conducting analysis and assessments in the Audit parties in the implementation of audit
areas of finance, accounting, operations, and activities, both within the Bank and outside the
other activities through audits and continuous Bank, when deemed necessary.
monitoring. 9. Implementing internal audit activities in
3. Identifying all opportunities to improve and accordance with the Internal Audit Code of
enhance the efficiency of the use of resources Ethics.
and funds. 10. Conducting verification processes, interviews,
4. Providing recommendations for improvement confirmations, and/or other audit techniques
and objective information on audited activities with internal parties as well as external parties
at all levels of management. related to the execution of Internal Audit duties
5. Formulating written policies and procedures and functions.
as guidelines for Auditors in performing their 11. Attending strategic meetings (excluding
duties. meetings discussing financing approvals)
6. Coordinating the activities of SKAI with external without having voting rights in decision-
audit activities and other assurance-providing making.
units/functions. 12. Reporting a summary of internal audit results
7. SKAI is required to communicate with the to the official overseeing the internal audit
Regulator at least once a year. function of the Main Entity for the Financial
8. Reporting a summary of internal audit results Conglomeration.
to the official overseeing the internal audit
function of the parent company. Code of Ethics of Internal Auditors
1. Integrity
Authority of Internal Audit The integrity of Internal Auditors builds
1. Conducting internal audit activities on all work confidence and therefore forms the basis of
units within the Bank’s organization as well as trust in the judgments they make. Rules of
affiliated parties, in accordance with applicable Conduct:
governance. a. Performing duties honestly, carefully, and
2. Communicating directly with the Board of responsibly;
Directors, the Board of Commissioners, the b. Complying with laws and making
Audit Committee, and the Sharia Supervisory disclosures based on applicable laws and
Board. regulations in Indonesia in accordance with
3. Holding regular and ad hoc meetings the profession;
with the Board of Directors, the Board of c. Not knowingly or intentionally engaging
Commissioners, the Audit Committee, and the in unlawful activities or activities that may
Sharia Supervisory Board. damage the credibility of the internal audit
4. Accessing all relevant Bank data and profession or the reputation of PT Bank
information related to the duties and functions Syariah Indonesia Tbk; and
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INTERNAL AUDIT
d. Supporting and contributing to the 4. Competency
achievement of the legitimate and proper Internal Auditors apply the knowledge, skills,
objectives of PT Bank Syariah Indonesia Tbk. and experience required in the performance of
internal audit duties. Rules of Conduct:
2. Objectivity a. Only engaging in assignments for which
Internal Auditors demonstrate the highest they have the required knowledge, skills,
level of professional objectivity in obtaining, and experience;
evaluating, and communicating information b. Performing assignments in accordance
about activities or processes under review. with the International Standards for the
Internal Auditors make balanced assessments Professional Practice of Internal Auditing;
of all relevant matters and are not influenced and
by personal interests or the interests of others c. Continuously enhancing expertise, as well
in exercising judgment. Rules of Conduct: as the effectiveness and quality of work
a. Not participating in any activity or results.
relationship that may, or may reasonably
be suspected to, impair the Internal Composition of Internal Audit Personnel
Auditor’s proportional judgment, including As of December 31, 2025, SKAI had 102 employees
operational activities and decision-making; with the following composition:
b. Prohibited from accepting anything that
may, or may reasonably be suspected to, No. Position Number of Personnel
interfere with professional judgment; and
c. Required to disclose all material facts known, 1 SEVP Internal Audit 1
which if not disclosed may cause distortion 2 Group Head 3
in reports on the activities reviewed.
3 Department Head 15
3. Confidentiality 4 Auditor 79
Internal Auditors respect the value and 5 Staff 4
ownership of information received and do Total 102
not disclose such information without proper
authority, unless required by law or professional
Internal Audit Competency Development
obligations. Rules of Conduct:
Program
a. Exercising due care in the use and
Auditor competency development is carried out
safeguarding of information obtained in the
through Audit Certification Programmes at both
performance of duties; and
national and international levels. The details of
b. Not using information for personal gain or
the number of employees who have obtained
in any manner that is contrary to the law or
national and international level certifications as of
detrimental to the legitimate and proper
December 31, 2025, are as follows:
objectives of PT Bank Syariah Indonesia Tbk.
Training & Competence Development
No. Training
1 Treasury Banking School Level 1
2 Artificial Intelligence (AI)
3 Audit Intern Bank Level Manager
4 Investigative Interview Using Practical NLP
5 Getting to Know the Role and Responsibilities of Auditing in PDP
6 Brevet Intermediate Financing Analysis
7 People Code
8 Business Process Improvement
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
INTERNAL AUDIT
No. Training
9 Data Scientist With Phython & SQL
10 Essential Series AI Literacy
11 Essential Series APU PPT & PPSPM
12 Essential Series Basic Applying Expertise and Technology
13 Essential Series Basic Data Protection
14 Essential Series Basic Fiqh Muamalah
15 Essential Series Basic IT Security
16 Essential Series Basic Regulatory
17 Essential Series Basic Risk Management
18 Essential Series Data Driven Analyzing
19 Initial Technical Train The Trainer (TTT) Project Neom ATM Framework
20 ITIL Certification
21 KSF Beasiswa S2 Vision Series 2
22 KSF Bebku ESG Guiding Principle
23 KSF Risk and Fraud Awareness
24 Optimasi Infrastruktur TI with Dynatrace
25 Peran Internal Audit Dalam PDP
26 Principle of Sustainable Green Business
27 Project Management
28 Refreshment BCM
29 Refreshment ESG
30 Resertifikasi Manajemen Risiko
31 Surveillance Audit I ISO 37001
32 Bullion Bank
33 Advance Developing Winning Team
34 Integrated Transaction Banking & Treasury Solutions
35 Project Management
36 Times Fase 1 Pulau Jawa
37 Aspek Hukum Penghimpunan Dana | Legal Aspects of Fund Raising
38 Implementasi ICOFR
Professional Certification of Internal Audit Personnel
To ensure the continuous enhancement of auditor capabilities, competency development is carried out
through audit certification programs at both national and international levels. The number of employees
who have obtained National-Level and International-Level certifications as of 31 December 2025 is as
follows:
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INTERNAL AUDIT
No. Description Position Total Certification
SEVP 1 Level 6
1 Level 6
Group Head
2 Level 7
14 Level 5
Department Head
1. Risk Management Certification 1 Level 4
34 Level 5
Team Leader
4 Level 4
16 Level 5
Officer
20 Level 4
2. Certified Fraud Examiner (CFE) Department Head 1 CFE
3. Certified Risk Professional (CRP) Group Head 1 CRP
Group Head 1 CISA
4. Certified Information System Auditor (CISA) Department Head 1 CISA
Auditor 1 CISA
Certified Information System Security
5. Group Head 1 CISSP
Professional (CISSP)
6. Encase Certified Examiner (EnCE) Group Head 1 EnCE
Group Head 1 CHFI
7. Computer Hacking Forensic (CHFI)
Auditor 1 CHFI
Group Head 1 QIA
8. Certified Qualified Internal Auditor (QIA) Team Leader 7 QIA
Officer 4 QIA
Control Objective for Information Group Head 1 COBIT
9.
Technologies (COBIT) Department Head 1 COBIT
Information Technology Infrastructure Group Head 1 ITIL
10.
Library (ITIL) Team Leader 1 ITIL
Group Head 1 Level Supervisor
Certified Bank Internal Auditor (CBIA) Level
11. Department Head 11 Level Supervisor
Supervisor
Team Leader 32 Level Supervisor
Group Head 1 Level Auditor
Department Head 13 Level Auditor
Certified Bank Internal Auditor (CBIA) Level
12. Team Leader 40 Level Auditor
Auditor
Officer 33 Level Auditor
Staf 1 Level Auditor
SEVP 1 BPKP
13. Certified Internal Audit Executive (CIAE)
Group Head 2 BPKP
Team Leader 1 CEH
14. Certified Ethical Hacker (CEH)
Officer 1 CEH
15. Certified E- Business Proffesional (CEP) Team Leader 1 CEP
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
INTERNAL AUDIT
No. Description Position Total Certification
Certified in The Governance of Enterprise IT
16. Team Leader 1 CGEIT
(CGEIT)
ISO 27001, ISO
Department Head 2 27701, ISO 37302,
ISO 37001
ISO 27001, ISO
Sertifikasi ISO
17. 9001, ISO 37001,
ISO Certification Team Leader 16
ISO 37301, ISO
27701
ISO 37001, ISO
Officer 8
37301, ISO 27701
Sertifikasi Data Center Profesional (CDCP)
18. Department Head 1 CC
Professional Data Center Certification
Internal Audit Unit Meetings
In reference with POJK No. 1/POJK.03/2019, the
Control System in relation to the Bank’s operational
Internal Audit Unit has the authority to:
activities in achieving the Company’s established
•• Hold regular and ad hoc meetings with the
objectives. Internal Audit conducts periodic as well
Board of Directors, the Board of Commissioners,
as incidental audits of all activities within the Work
the Audit Committee, and Sharia Supervisory
Units.
Board.
•• Attend strategic meetings.
The review results of Internal Control System
are submitted to the Board of Directors and the
Meeting Frequency for the Period 1 January to 31
Board of Commissioners for follow-up actions and
December 2025:
effective monitoring of their implementation. In
•• Internal Audit meetings with External Auditors
order to strengthen the Internal Control System,
(Regulator and Public Accounting Firms) were
particularly in controlling fraud incidents, PT
held 2 times, involving participants from the
Bank Syariah Indonesia Tbk has implemented
Board of Directors, the Board of Commissioners,
a comprehensive and integrated anti-fraud
the Audit Committee, and Sharia Supervisory
strategy as part of its strategic policies. Based on
Board.
the evaluation conducted throughout 2025, it
•• Internal Audit meetings with the Board of
was concluded that the Internal Control System
Commissioners and the Audit Committee were
of PT Bank Syariah Indonesia Tbk was generally
held 2 times.
adequate.
•• Internal Audit meetings with the Sharia
Supervisory Board were held 2 times.
•• Internal Audit meetings with the SEVP of
Internal Audit were held 4 times.
Brief Report on the Implementation of Internal
Audit Activities in 2025
The Board of Directors is responsible for ensuring
the implementation of a reliable and effective
Internal Control System and has the obligation
to strengthen an effective risk awareness culture
and ensure that it is embedded at all levels of the
organization.
Internal Audit is responsible for evaluating
and actively contributing to the continuous
improvement of the effectiveness of Internal
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INTERNAL AUDIT
Internal Audit Performance
Audit Implementation
Based on the Annual Audit Plan and Audit Strategy for 2025 approved by the President Director and the
Board of Commissioners, the audit plan for 2025 was set at 33 audit assignments.
The realization of audit activities in 2025 up to 31 December 2025, is as follows:
No. Audit Type Target Done In Progress
1 AAP 33 33 0
2 Non AAP - 22 0
Audit Findings and Follow-up Actions
The Bank completed 6,107 or 83% of the established DMTL target. The progress of follow-up actions on
the results of Internal Audit Unit and External Audit examinations as of 31 December 2025, is as follows:
In Process Commitment Period
Number of Done before
No. Auditor According to
DTML Exit Meeting Oct ‘2025 TW II 2026 TW III 2026
Commitment
1 Internal 398 225 173 138 23 12
Eksternal
2 212 82 130 28 25 77
External
Grand Total 610 307 303 166 48 89
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
INTERNAL CONTROL SYSTEM
BSI implements an effective Internal Control 3. To identify weaknesses and assess
System (ICS) over the conduct of business irregularities early, and to continuously
activities and operations across all organizational reassess the appropriateness of the Bank’s
levels of the Bank. The effective implementation existing policies and procedures.
of ICS enhances compliance with applicable
laws and regulations and reduces the risk of Alignment of the Internal Control System with
losses, irregularities, and breaches of prudential an Internationally Recognised Framework
principles. The establishment of a reliable and (COSO – Internal Control Framework)
effective ICS at Bank BSI is the responsibility of all The Bank implements an Internal Control System
risk-taking units, supporting work units, and the as regulated by the Banking Regulator and refers
Internal Audit Unit (SKAI). to the Committee of Sponsoring Organizations
of the Treadway Commission (COSO). The
Objectives of the Internal Control System effectiveness of the Internal Control System is
The objectives of the Bank’s Internal Control evaluated periodically and on an ongoing basis.
System cover financial control, operational
control, and compliance with applicable laws and The Company’s Internal Control System has
regulations, as described below: adopted the COSO Internal Control – Integrated
Framework. The COSO conceptual framework
•• Strategic Objectives for internal control serves as a comprehensive
To achieve the Bank’s sustainable business framework for assessing the effectiveness of
growth targets in line with the Bank’s vision internal control and consists of the following
and mission. components:
1. Internal Environment;
•• Compliance Objectives 2. Objective Setting;
To ensure that all Bank business activities are 3. Event Identification;
carried out in accordance with sharia principles 4. Risk Assessment;
and applicable laws and regulations, including 5. Risk Response;
provisions issued by the government, banking 6. Control Activities;
regulators, bank supervisory authorities, as 7. Information, Communication and Accounting;
well as internal policies, rules, and procedures 8. Monitoring.
established by the Bank.
Internal Control System Implementation
•• Information Objectives Evaluation
To ensure the availability of reliable financial The Board of Directors is responsible for ensuring
information to management that is accurate, the implementation of a reliable and effective
complete, timely, and relevant, as required for Internal Control System and has the obligation
proper and accountable decision-making. to strengthen an effective risk awareness culture
and ensure that it is embedded at all levels of the
•• Operational Objectives organization.
1. To maintain the efficiency and effectiveness
of the Bank’s business activities. Internal Audit is responsible for evaluating
2. To enhance effectiveness and efficiency and actively contributing to the continuous
in the use of assets and other resources in improvement of the effectiveness of the Internal
order to protect the Bank from the risk of Control System in relation to the Bank’s operational
losses. activities in achieving the Company’s established
objectives. Internal Audit conducts periodic and
•• Risk Culture Objectives incidental audits of all activities within the Work
1. To enhance the effectiveness of risk culture Units.
across the organization.
2. To develop an effective risk culture that The review results of Internal Control System
creates mechanisms involving all employees are submitted to the Board of Directors and the
to identify and prevent weaknesses and Board of Commissioners for follow-up actions and
irregularities at an early stage in an efficient effective monitoring of their implementation. In
and effective manner.
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INTERNAL CONTROL SYSTEM
order to strengthen the Internal Control System, Statement of The Board of Directors and/or
particularly to control fraud incidents, PT Bank Board of Commissioners on The Adequacy of
Syariah Indonesia Tbk has implemented a The Internal Control System
comprehensive and integrated anti-fraud strategy The Management of BSI considers that throughout
as part of its strategic policies. Based on the 2025 the internal control system has been
evaluation conducted during 2025, the Internal implemented adequately. The internal control
Control System at PT Bank Syariah Indonesia Tbk system in the Bank’s financial reporting process
was generally adequate. has been established reliably in accordance with
the prevailing laws and regulations, thereby
Internal Control Report in Bank Financial ensuring that the quality of the Bank’s financial
Reporting Process reporting is maintained.
BSI has implemented internal controls in the
Bank’s financial reporting process (Internal Control The Board of Directors is responsible for ensuring
Over Financial Reporting – ICOFR), through the the implementation of a reliable and effective
fulfillment of obligations including: Internal Control System and has the obligation
to strengthen an effective risk awareness culture
a. The Bank has prepared and established internal and ensure that it is embedded at all levels of the
control policies and procedures in the Bank’s organization.
financial reporting process.
b. The Bank has designated SKMR as a Special Internal Audit is responsible for evaluating
Work Unit (UKK) responsible for ensuring the and actively contributing to the continuous
implementation of internal control policies improvement of the effectiveness of the Internal
and procedures in the Bank’s financial Control System in relation to the Bank’s operational
reporting process, and for preventing fraud or activities in achieving the Company’s established
manipulation in the Financial Information and/ objectives. Internal Audit conducts periodic and
or Financial Statements of Commercial Banks. incidental audits of all activities within the Work
c. The Bank has completed all stages of the Units.
implementation of BSI’s ICOFR for the 2025
scope, with the result that there were no The evaluation results of Internal Control System
significant deficiencies or material weaknesses are submitted to the Board of Directors and the
affecting the financial statements. Based on Board of Commissioners for follow-up actions
these results, management concluded that and effective monitoring of their implementation.
the internal controls in BSI’s financial reporting In order to strengthen the Internal Control
process for 2025 were effective, both in terms of System, particularly to control fraud incidents,
design and operation. PT Bank Syariah Indonesia Tbk has implemented
d. The Bank has submitted the internal control a comprehensive and integrated Anti-Fraud
report on the Bank’s financial reporting process Strategy as part of its strategic policies.
to the Regulator. The report was submitted as
part of the publication of financial reports and
annual financial performance information.
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INTERNAL CONTROL OVER FINANCIAL
REPORTING (ICOFR) IMPLEMENTATION
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EXTERNAL AUDIT FUNCTION
In line with the regulatory framework governing Appointment of Public Accountant
transparency and the publication of bank Based on the resolution of the Annual GMS
reports, including POJK No. 37/POJK.03/2019 and held on 16 May 2025, the Meeting approved the
SEOJK No. 9/SEOJK.03/2020, as well as SEOJK appointment of Purwanto Susanti and Surja
No. 14/2025 on Commercial Bank Governance, Public Accounting Firm (a member firm of Ernst &
BSI conducts its external audit process in an Young Global Limited) and Public Accountant Yovita to
independent and professional manner and audit the Company’s Financial Statements and other
in accordance with regulatory standards to reports for the 2025 financial year.
ensure the quality, accuracy, and integrity of
its financial statements. In practice, the Bank The requirements to audit the Company’s financial
appoints a public accountant and/or Public statements for the financial year ending 31 December
Accounting Firm (KAP) that meets competency 2025 and the evaluation by the Board of Commissioners
and independence requirements, and carries are as follows:
out the audit in line with the Public Accountant a. The Public Accounting Firm holds a valid business
Professional Standards and the approved scope license issued by the Ministry of Finance.
of work. b. The Public Accounting Firm is registered in the
Public Accounting Firm Information System of the
As such, the appointment of Public Accounting Audit Board of the Republic of Indonesia.
Firm is carried out in line with OJK regulations c. The Public Accountant acting as the Signing Partner
on the use of public accountant services in is actively registered with the Financial Profession
the financial services sector, with the approval Development Center of the Ministry of Finance, the
of the Board of Commissioners based on the Financial Services Authority, and the State-Owned
recommendation of the Audit Committee. Banks that are members of the State-Owned Banks
Through this mechanism, BSI ensures that Association.
external audit process is conducted objectively d. Affiliated as a member (not correspondent) of an
and effectively, covering the issuance of an internationally scaled Public Accounting Firm.
opinion on fairness of the financial statements, e. Experienced in auditing annual financial statements
evaluation of internal controls, and review of of commercial banks with total assets exceeding
areas previously examined by Internal Audit. Rp10 trillion.
f. Experienced in auditing annual financial statements
of Sharia banks or Sharia business units.
Public Accounting Firm, Name of Public Accountant, and Audit Fee and Other Services
The following is a summary of audit fees and other service fees for the 2025 financial year and for the last 5
(five) years:
Public Accounting Firms, Accountant Names, and Fees
Name of
Accountant Audit Service
Year Public accounting firm KAP Period AP Period
(Responsible Fee*
Partner)
Purwanto Susanti and Surja Public
Accounting Firm 1st year of 1st year of
2025 Yovita 5.950.000.000
(a member firm of Ernst & Young Global assignment assignment
Limited)
Rintis, Jumadi, Rianto & Partners
4th year of Lucy Luciana 1st year of
2024 Accounting Firm (a member firm of the 5.950.000.000
assignment Suhendra assignment
PwC global network)
Tanudiredja, Wibisana, Rintis & Partners
3rd year of 3rd year of
2023 Accounting Firm (a member firm of the M. Jusuf Wibisana 5.600.000.000
assignment assignment
PwC global network)
Tanudiredja, Wibisana, Rintis & Partners
2nd year of 2nd year of
2022 Accounting Firm (a member firm of the M. Jusuf Wibisana 5.400.000.000
assignment assignment
PwC global network)
Tanudiredja, Wibisana, Rintis & Partners
1st year of 1st year of
2021 Accounting Firm (a member firm of the M. Jusuf Wibisana 5.100.000.000
assignment assignment
PwC global network)
*Including VAT & OPE
Other Services Provided by Accountants
Other services provided by accountants with the following details:
1. PSA 62 as of December 31, 2025.
2. The Report of Performance Evaluation Results as of December 31, 2025.
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RISK MANAGEMENT UNIT
The Risk Management function of Bank Syariah Indonesia is carried out by the Enterprise Risk
Management Group, which is responsible for identifying, measuring, monitoring, and controlling risks,
including sharia risk, and is supervised by the Director of Risk Management.
Profile of the Head of Enterprise Risk Management Group
INDRIATI TRI HANDAYANI
Acting Group Head Enterprise Risk
Management Group
Indonesian Citizen
Born in Jakarta, in 1972
54 Years Old as of December 2025
Domicile at Jakarta, Indonesia
Legal Basis of Appointment Work Experience
Employee Appointment and Placement Decree, •• Group Head Enterprise Risk Management,
December 2025 Bank Syariah Indonesia (2025–present)
•• Deputy Enterprise Risk Management, Bank
Educational Background Syariah Indonesia (2023–2025)
Bachelor of Economics, PERBANAS Jakarta •• Wholesale Audit Department Head, Bank
Syariah Indonesia (2021–2022)
Certification •• Wholesale Audit Department Head, Bank
•• Risk Management Certification Level 6 Syariah Mandiri (2017–2020)
•• Certified Fraud Examiner •• Special Audit Department Head, Bank Syariah
•• Certified Banking Internal Auditor Mandiri (2013–2016)
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RISK MANAGEMENT UNIT
Risk Management Unit Organizational Structure
Enterprise Risk
Management Group
Deputy
Market & ERM Tools & Risk Model Operational Operational Risk
Portfolio Risk
Liquidity Risk Analytics Validation Risk Analytics Tool & System
Market & ERM & Portfolio Financing Operational Operational
Liquidity Risk Analytics Analytics Risk Tool &
Limit Risk Analytics
Analytics Management System
Market & Portfolio Operational Operational
ERM & Financing
Liquidity Risk Analytics Risk Analytics Risk Tool &
Analytics Limit
Analytics Management System
Market & Risk Model IT Risk Operational
Risk Tools Risk
Liquidity Risk Validation & Management Risk Control
Integration Governance
Control
Market & Risk Model
Risk Operational
Liquidity Risk Risk Tools Validation & Staff
Integration Risk Control
Control Governance
Market &
Liquidity Risk Staff Staff Staff Staff
Tools
Market &
Liquidity Risk
Tools
Staff
Secretary
Duties and Responsibilities of the Risk of functional activity, including monitoring
Management Unit compliance with established risk tolerance
The duties and responsibilities of the Risk and limits, including sharia risk.
Management Unit are as follows: 6. Conducting stress testing to assess the impact
1. Providing input to the Board of Directors in of the implementation of risk management
the formulation of risk management policies, policies and strategies on the performance
strategies, and frameworks, including sharia and income of each Bank operational unit or
risk. functional activity.
2. Developing procedures and tools for risk 7. Reviewing proposals for new business
identification, measurement, monitoring, and activities developed by specific Bank
control, including sharia risk. functions, with a primary focus on the Bank’s
3. Designing and implementing the tools capability to manage such new business
required for the application of risk activities, including the adequacy of systems
management. and procedures used and their impact on the
4. Monitoring the implementation of risk Bank’s overall risk exposure, including sharia
management policies, strategies, and risk.
frameworks recommended by the Risk 8. Providing recommendations to operational
Management Committee and approved by work units and/or the Risk Management
the Board of Directors. Committee regarding the implementation
5. Monitoring risk positions or exposures, both of risk management, including the level
on an overall basis, by type of risk, and by type or maximum risk exposure that must be
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK MANAGEMENT UNIT
maintained by the Bank.
9. Evaluating the accuracy and validity of data used by the Bank to measure risk for banks utilising
models for internal purposes (internal models). The Risk Management Unit may request opinions
from the Internal Audit Unit or independent specialists to validate the data or models used.
10. Preparing and submitting periodic risk profile reports, or at least on a quarterly basis, to:
a. The President Director or the Director in charge of Risk Management;
b. The Risk Management Committee;
c. The Banking Regulator;
d. The Parent Company.
11. Conducting periodic reviews in accordance with the Bank’s needs to ensure:
a. Adequacy of Risk Management framework;
b. Accuracy of risk assessment methodologies; and
c. Adequacy of Risk Management information system.
12. As a Special Work Unit (UKK) that serves as the coordinator and/or coordinates with work units
performing the internal control function over the Bank’s financial reporting.
13. Coordinating with work units that perform the integrated risk management function at the parent
company within the financial conglomerate.
Risk Management Certification
Certification
No. Position Amount Certification
Institution
1. Group Head 1 Person Risk Management Level 6 BNSP
2. Department Head 6 Persons Risk Management Level 5 BNSP
Risk Management Level 5 (12 persons)
3. Section Head/Senior Officer 13 Persons BNSP
Risk Management Level 4 (1 person)
Risk Management Level 5 (3 persons)
4. Officer 13 Persons BNSP
Risk Management Level 5 (10 persons)
Duties Implementation of Risk Management Unit In 2025
Throughout 2025, the Risk Management Unit carried out the following duties and responsibilities:
1. Providing input to the Board of Directors in the formulation of risk management policies, strategies,
and frameworks, including sharia risk.
2. Developing procedures and tools for risk identification, measurement, monitoring, and control,
including sharia risk.
3. Designing and implementing tools required for the application of risk management, including risk
tools, risk alerts, and the assessment of the Risk Maturity Index (RMI).
4. Developing and implementing operational risk tools (RCSA, KRI, LED, IAM) across all Head Office Work
Units and Regional Offices.
5. Developing and implementing ICOFR, covering design, implementation and monitoring, evaluation,
remediation, and reporting.
6. Monitoring the implementation of risk management policies, strategies, and frameworks
recommended by the Risk Management Committee and approved by the Board of Directors, including
monitoring the realization of risk metrics in the Risk Appetite Statement.
7. Monitoring risk positions or exposures on an overall basis, by type of risk, and by type of functional
activity, including monitoring compliance with established risk tolerance and limits, including sharia
risk, as well as new or emerging risks in line with current conditions (emerging risks), including
environmental, social, and governance risk, climate risk, cyber risk, digital risk, geopolitical and
macroeconomic risk, and Bullion Business Activity risk.
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RISK MANAGEMENT UNIT
8. Conducting stress testing to assess the impact through portfolio guidelines, risk identification
of the implementation of risk management assessments for New Bank Products and
policies and strategies on the performance Activities, and Operational Risk Incident (IRO)
and income of each Bank operational unit or assessments.
functional activity, as well as preparing the 12. Preparing and submitting periodic risk profile
Recovery Plan and Resolution Plan. reports, Capital Adequacy Assessment Process
9. Evaluating the accuracy and validity of models (ICAAP/KPMM) reports, and Internal Liquidity
used by the Bank to measure risk for internal Adequacy Assessment Process (ILAAP) reports
purposes (internal models). on a regular basis or at least quarterly to the
10. Reviewing proposals for new business activities Regulator and other relevant parties.
and products that affect the Bank’s overall risk 13. Conducting periodic reviews of the risk
exposure, including sharia risk and Bullion management framework, risk assessment
Business Activity risk. methodologies, and risk management
11. Providing recommendations to operational information systems.
work units and/or the Risk Management 14. Coordinating with work units performing
Committee regarding the implementation integrated risk management functions
of risk management, including the level at the parent company of the financial
or maximum risk exposure that must be conglomeration through the Integrated Risk
maintained by the Bank, among others Committee forum.
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COMPLIANCE FUNCTION
The Compliance Function at Bank Syariah Indonesia ensures the Bank’s adherence to all applicable
laws and regulations, regulatory requirements, and commitments to the authorities, including sharia
compliance, and supports the consistent implementation of Good Corporate Governance in accordance
with OJK regulations.
Profile of The Head of Compliance Function
ROSALINA DEWI T
Head of Compliance Function
Indonesian Citizen
Born in Jakarta, in 1979
47 Years Old as of December 2025
Domiciled in Tangerang, Indonesia
Legal Basis of Appointment Work Experience
Decree No. 02/06343-SK/HC-BSI dated June 3, •• Grouphead Compliance PT Bank Syariah
2022 Indonesia Tbk 2022-present.
•• Grouphead Corporate Secretary Group PT Bank
Educational Background Syariah Indonesia Tbk tahun 2021-2022.
•• Bachelor of Law, University of Indonesia (2001) •• Investor Relations Department Head PT Bank
•• Master of Economics & Islamic Finance, BRI Syariah Tbk 2018 – 2019.
University of Indonesia (2006) •• Branch Manager PT Bank BRI Syariah, Tbk 2016
•• Master of Notary Public, University of Indonesia – 2018.
(2014) •• Corporate Legal Department Head – Corporate
Secretary Group PT Bank BRI Syariah, Tbk 2008
Certification – 2014.
Banking Risk Management Certificate Level 6 •• Legal and Investor Relations Team Leader –
Corporate Secretary Group PT Bank Syariah
Muamalat Indonesia, Tbk 2004 – 2006.
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Organizational Structure
Compliance
Secretary
Regulatory GCG & Compliance Compliance Sharia Sharia Risk & Regional Sharia &
Compliance Support Advisory Compliance & Control Compliance
Support
Regulatory Sharia Sharia Risk
Whistle Blowing Operations Liaison &
Liaison Anti Bribery Compliance Management
Compliance Assurance
Advisory
Sharia Regional
Whistle Regulatory Retail Banking Sharia Risk
Anti Bribery Regulatory & Sharia & AML
Blowing Liaison Compliance Management
Review Representative
IT & Digital Sharia
Regulatory GCG System Sharia
Banking Regulatory & Staff
Assurance Information Control
Compliance Review
Regulatory GCG System Wholesale Sharia Sharia
Assurance Information Banking Supervisory Control
Compliance Board Support
Policy & Sharia
Compliance Risk
Reporting Staff Research & Staff
Management
Development Development
Staff Staff Sharia Board
& Secretariat
Staff
Compliance Function Duties and Responsibilities 5. Taking measures to ensure that the Bank’s
1. Taking measures to support the establishment policies, regulations, systems and procedures,
of a compliance culture across all Bank business as well as business activities, comply with
activities at every organizational level. Financial Services Authority regulations and
2. Conducting identification, measurement, applicable laws and regulations.
monitoring, and control of compliance risk 6. Performing other duties related to the
by referring to Financial Services Authority compliance function.
regulations governing the implementation
of risk management for commercial banks Compliance Function Work Program
and for Sharia commercial banks and Sharia Implementation in 2025
business units. 1. Socialization and Follow-up of New Regulations
3. Assessing and evaluating the effectiveness, a. Conducted regulatory socialization using
adequacy, and appropriateness of the Bank’s media such as memos, emails, or internal
policies, regulations, systems, and procedures employee communication platforms. When
against applicable laws and regulations. new external regulations were issued,
4. Conducting reviews and/or recommending the regulations were announced and
updates and improvements to the Bank’s disseminated to the relevant work units
policies, regulations, systems, and procedures and/or all BSI employees.
to ensure compliance with Financial Services b. Conducted analysis and prepared
Authority regulations and applicable laws and summaries of new regulations issued by
regulations, including Sharia Principles for Regulators (i.e., BI, OJK, OJK–Capital Market,
Sharia commercial banks and Sharia business LPS, or other external regulations related to
units. banking) and submitted them to the Board
of Commissioners, Board of Directors, SEVP,
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
COMPLIANCE FUNCTION
and relevant Group Heads. c. Conducted GCG Self-Assessment and
c. Conducted online/virtual regulatory reported on the implementation of
socialization to relevant work units when GCG in accordance with regulatory
new regulations or provisions were issued. provisions, namely POJK No. 17 of 2023,
d. Provided compliance opinions for every POJK No. 8/POJK.03/2014, and SEOJK
request for advice/compliance opinion No.10/SEOJK.03/2014 as amended by
submitted by the Working Group Policy & SEOJK No.14/SEOJK.03/2025 concerning
Procedure (WPP). the Implementation of Governance for
Commercial Banks.
2. New Bank Products and Activities d. Implemented Governance, Risk, and
Provided assistance/consultation for New Bank Compliance within BSI.
Products and Activities (PAB) with the relevant
work units whose activities fell under the PAB 6. Sharia Compliance
criteria within the Bank Business Plan (RBB). a. Ensured that all Bank products and services,
as well as operational guidelines for such
3. Compliance Testing products and services, complied with the
Conducted analysis, evaluated effectiveness, Fatwas of the National Sharia Council (DSN)
adequacy, and suitability, and performed and the opinions of the Sharia Supervisory
compliance testing of policies and decisions Board (DPS).
of the Board of Directors related to financing b. Provided assistance in the development of
and non-financing activities. This included new products and activities.
providing reviews, opinions, and compliance c. Provided assistance for large-scale financing
feedback on existing policies and contracts to that required decisions from the Board of
ensure alignment with applicable regulations Directors.
and Sharia principles. d. Ensured that proposed policy submissions
and Board of Directors’ decisions complied
4. Compliance Monitoring with applicable Sharia principles.
a. Updated the reminder system for e. Ensured the implementation of Sharia
reporting obligations to third parties and principles in the ex-post stage (in
the PIC responsible for such reports, as cooperation with SKAI).
well as strengthened and enhanced the f. Conducted internal Sharia reviews at branch
Compliance Information System (SIK). offices on a sampling basis to ensure that
b. The Compliance Work Unit monitored activities at branch offices complied with
prudential banking ratios, including NPF, Sharia principles.
BMPD, GWM, PDN, and KPMM ratios.
c. Ensured the fulfillment of all BSI 7. Conducted Compliance Assurance on the
commitments arising from findings by OJK, Bank’s operational activities. Compliance
BPK, External Auditors, and other regulatory assurance was implemented to ensure that
authorities. management decisions were in accordance
with applicable regulations.
5. Good Corporate Governance (GCG) a. Financing
a. Ensured compliance with mandatory •• Conducted compliance reviews of
provisions, policies, and procedures financing, participated in technical
required by the Bank in accordance with meetings, and provided compliance
regulations stipulated in OJK Regulations, opinions on financing at the Board of
BI Regulations, and BI Circular Letters Directors Level Financing Committee
regarding the implementation of GCG in Meetings.
Sharia Commercial Banks (BUS) and Sharia •• Conducted compliance reviews of
Business Units (UUS). large debtor financing that had been
b. Ensured the fulfillment of Governance disbursed to ensure the compliance
Structure and Governance Policies in of the disbursement process and
accordance with regulatory requirements. fulfillment of customer agreements with
the Bank.
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COMPLIANCE FUNCTION
b. Bank Branch Network •• Provided compliance opinions on
•• Ensured operational readiness for branch operational activities that required
openings, relocation of branch office opinions from the Compliance Work
addresses, and branch status upgrades Unit (SKK).
by issuing compliance checklists as
required by regulators. These activities were carried out to ensure that
•• Monitored the fulfillment of the all business and operational activities of the Bank
Bank Business Plan (RBB) related complied with applicable laws and regulations
to the realization of branch network and that all commitments to external parties were
development. fulfilled.
c. Cost Control
•• Ensured compliance in the procurement 8. Implementation of ISO 37301:2021 Compliance
of goods and services through reviews Management System
and opinions on the implementation of This aimed to establish a more effective
procurement plans. compliance management framework based
•• Ensured that other operational on international standards. The certification
expenditures of the Bank supported was implemented within the scope of the Anti-
efficient cost control. Money Laundering and Counter-Terrorism
•• Conducted compliance reviews for cost Financing Group (AMG) processes.
control through sampling tests.
d. Other Operational Activities
•• Conducted compliance testing on
the implementation of operational
processes.
Evaluation of the Effectiveness of the Compliance Function in 2025
BSI is committed to continuously conducting a comprehensive evaluation of the effectiveness of the
compliance function in order to ensure that the mechanisms, procedures, and oversight implemented
are aligned with governance principles and are able to mitigate compliance risk optimally.
The evaluation is carried out through a review of internal controls, the effectiveness of operational
compliance monitoring, the process for handling violations, and the level of understanding and discipline
of employees in implementing the applicable provisions. Through this process, the capability of the
compliance function to identify potential risks, formulate appropriate corrective recommendations, and
ensure timely follow-up on every finding is also assessed.
The results of the 2025 evaluation indicate that the compliance function has operated well and consistently
in meeting both regulatory requirements and the Company’s internal policies.
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ANTI-MONEY LAUNDERING,
PREVENTION OF TERRORISM
FINANCING, AND PREVENTION OF
PROLIFERATION OF WEAPONS OF
MASS DESTRUCTION FINANCING
PROGRAM (AML-CFT- PFWMD)
Following Indonesia’s accession as the 40th of the Bank’s commitments related to the
member of the Financial Action Task Force on Compliance Management System, Compliance
Money Laundering and Terrorism Financing (FATF), Culture, and governance aspects in line with
the Government of the Republic of Indonesia the organization’s strategic direction and
issued Presidential Decree No. 14 of 2024 on the objectives on an ongoing basis.
Establishment of Indonesia’s Membership in the
Financial Action Task Force (FATF) on 5 April 2024. 2. Policies and Procedures
The implementation of Pillar 2, as part of the
The issuance of the Presidential Decree was based ex-ante compliance function in accordance
on the consideration that money laundering with ISO 37301:2021, ensures that compliance
crimes and terrorism financing crimes are cross- policies and compliance objectives aligned
border offences. Therefore, efforts to prevent with the organization’s values, objectives, and
and eradicate such crimes need to be supported strategies have been communicated. Their
through international commitments as set out in implementation takes into account external
international standards on anti-money laundering issues relevant to interested parties in order to
and counter-terrorism financing. mitigate compliance risks related to AML, CTF,
and PFWMD.
BSI as a national sharia bank with networks
operating both nationally and internationally, plays 3. Internal Controls
an important role in strengthening the national The implementation of internal controls
economy through the provision of products and to manage compliance obligations and
services to customers. Management is committed compliance risks is carried out on a periodic
to upholding national financial integrity, basis, enabling these to be reflected in
strengthening law enforcement within national management reviews for continuous
economic governance, and implementing anti- improvement opportunities and the
money laundering, counter-terrorism financing, identification of necessary changes to the
and counter-proliferation financing of weapons of compliance management system.
mass destruction programs.
4. Management Information Systems
AML, CTF, and PFWMD Programs This includes the development of AML, CTF,
Implementation and PFWMD systems as well as AML, CTF, and
In implementing the Anti-Money Laundering PFWMD reporting to the regulator.
(AML), Counter-Terrorism Financing (CTF), and
Counter-Proliferation Financing of Weapons of
Mass Destruction (PFWMD) programs, the Bank
ensures alignment with applicable laws and
regulations as well as international best practices,
covering the following five pillars of AML, CTF, and
PFWMD:
1. Active Oversight by the Board of Directors and
the Board of Commissioners
The Board of Directors, as the Steering
Board, continuously monitors the fulfilment
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ANTI-MONEY LAUNDERING, PREVENTION OF TERRORISM
FINANCING, AND PREVENTION OF PROLIFERATION
OF WEAPONS OF MASS DESTRUCTION FINANCING PROGRAM
(AML-CFT- PFWMD)
5. Human Resources and Training
Efforts to enhance awareness of AML, CTF, and PFWMD are continuously undertaken to improve
competencies through training programs, ensuring that all personnel comply with compliance
obligations, policies, and procedures and are able to report any issues related to AML, CTF, and
PFWMD. In addition, communication with both internal and external stakeholders continue to be
strengthened to ensure that every employee contributes to the continuous improvement of the
compliance management system.
Organizational Structure of AML, CTF, and PFWMD
The implementation of the AML, CTF, and PFWMD programs at PT Bank Syariah Indonesia Tbk is
managed by the AML CFT Group (AMG).
The AML CFT Group (AMG) is based at the Head Office and reports to the Director in charge of the
Compliance Function. The effectiveness of the implementation of the AML, CTF, and PFWMD programs
at branch level is monitored by Regional AML Representatives located in each Region, who coordinate
closely with the AML CFT Group (AMG) at the Head Office.
The organizational structure of AML, CTF, and PFWMD is illustrated as follows:
AML-CFT
Secretary
APU-PPT Strategic APU-PPT Analysis & APU-PPT Policy &
Alliance Monitoring Advisory
Strategy & Financial AML Advisory
Governance Crime Analysis
Managed
Performance & AML Advisory
Conformance
Regional AML
Reporting
Representative
Staff
Reporting
Data Request
Data Request
Staff
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ANTI-MONEY LAUNDERING, PREVENTION OF TERRORISM
FINANCING, AND PREVENTION OF PROLIFERATION
OF WEAPONS OF MASS DESTRUCTION FINANCING PROGRAM
(AML-CFT- PFWMD)
APU PPT & PFWMD Program in 2025 c. Development of AML, CTF, and PFWMD
Pursuant to Law No. 8 of 2010 on the Prevention awareness materials in the form of videos,
and Eradication of Money Laundering Crimes, Law comics, and infographics delivered to
No. 9 of 2013 on the Prevention and Eradication all regions on a monthly basis through
of Terrorism Financing Crimes, POJK No. 08 of Regional AML Representatives.
2023, and PPATK regulations, the AML, CTF, and 6. Enhancement of customer data quality through
PFWMD programs were implemented through data improvement and/or updating programs
the following initiatives: focusing on the availability of complete,
accurate, current, and comprehensive
1. Preparation, alignment, updating, and customer information.
adequacy of AML, CTF, and PFWMD programs 7. Implementation of ISO 37301:2021 Compliance
across all internal regulations of Bank Syariah Management System with AML, CTF, and
Indonesia in line with applicable requirements. PFWMD scope in 2022, followed by the
2. Implementation of sampling reviews and AML, completion of the re-certification (surveillance
CTF, and PFWMD socialization conducted audit) process in November 2025.
by Regional AML Representatives at branch 8. Participation in the Presidential Lecture
offices based on a Risk-Based Approach. commemorating the 22nd Anniversary of the
3. Enhancement of quality and monitoring of Indonesian AML, CTF Movement at the State
reporting obligations related to AML, CTF, and Palace on 17 April 2024.
PFWMD, including Suspicious Transaction 9. Improvement in the quality and integrity of
Reports (STR), Cash Transaction Reports (CTR), AML reporting, which received a VERY GOOD
Cross-Border Funds Transfer Reports (CBFTR), rating in the Financial Integrity Rating (FIR) for
and the Integrated Customer Information 2025 from PPATK.
System (SIPESAT), as well as other AML, CTF, and 10. Strengthening of the AML system through
PFWMD reporting obligations in accordance the implementation of a new AML system to
with regulatory provisions and Service Level support screening, risk rating, and transaction
Agreements (SLA) set by the Regulator. monitoring processes.
4. Enhancement of systems and supporting 11. Implementation of an application to fulfil
applications for the implementation of AML, tax data requests through the Exchange of
CTF, and PFWMD programs, including: Information (EOI) with the Directorate General
a. Enhancement of the New AML application of Taxes.
in line with technological developments in
AML, CTF, and PFWMD implementation,
consisting of two phases: Phase 1 Screening
and Risk Rating, and Phase 2 Transaction
Monitoring and Reporting.
b. Development of the Simple BSI application
to support AML, CTF, and PFWMD sampling
reviews conducted by Regional AML
Representatives.
5. Socialization and enhancement of employee
awareness and competency in implementing
AML, CTF, and PFWMD programs through:
a. Socialization of suspicious financial
transactions based on predicate offences.
b. AML, CTF, and PFWMD refreshment
through the Essential Cinema program,
attended by both organic and non-organic
BSI employees.
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Important Cases
Throughout 2025, Bank Syariah Indonesia was involved in significant cases, including civil, criminal,
and industrial relations matters. Some of these cases were still in the process of settlement, while the
remainder had been declared final and legally binding.
A summary of the significant cases encountered is presented in the table below.
Important Cases in 2025
Number of Cases
No. Legal Issues
Civil Criminal Industrial Relations
1 Legal matters/issues that are still in the process
267 - 1
of being resolved
2 Legal cases/issues that have been resolved and/
223 -
or are final and binding
Total 490 - 1
Information on court cases with material claim values or court decisions of ≥ Rp5 billion, including
sanctions received and their impact on the Bank’s business continuity:
Impact on the Management
No. Main Subject of Case/Claim and Parties Settlement Status Sanctions
Company Actions
1 Civil lawsuit case No. 601/Pdt.G/2024/PN.Jkt. The North Jakarta There is a Case -
Utr between Ronald Suwandri as the Plaintiff District Court ruled potential risk of monitoring.
and BSI as the Defendant, concerning an that it does not compensation; BSI’s legal
objection to the auction of two assets owned have the authority however, it is position is
by the Plaintiff for the settlement of obligations to examine and not material to strong.
of PT Jaya Makmur Hasta. adjudicate the case. BSI’s business.
Against this decision, In this case, BSI’s
Claim Value: the Plaintiff filed an legal position is
•• Material claim of Rp10,000,000,000 appeal. strong, as BSI has
•• Immaterial claim of Rp30,000,000,000 prevailed at both
The Jakarta High the District Court
Court overturned and High Court
the Defendant’s levels.
exception in the first-
instance decision and
rejected the Plaintiff’s
claim in the first-
instance ruling. The
Plaintiff subsequently
filed a cassation.
2 Civil lawsuit case No. 371/Pdt.G/2025/PA.Sby The Surabaya There is a Case -
between Marcahyo Adi Prayani as the Plaintiff Religious Court potential risk of monitoring.
and BSI as the Defendant. The lawsuit rejected the Plaintiff’s compensation; BSI’s legal
concerns an objection to the auction process claim. Against this however, it is position is
conducted by BSI, which was alleged to decision, the Plaintiff not material to strong.
constitute an unlawful act (PMH) due to the filed an appeal. BSI’s business.
Plaintiff’s claim that the calculation of the In this case, BSI’s
remaining obligation was inaccurate. The Surabaya legal position is
Religious High Court strong, as BSI has
Claim Value: upheld the decision prevailed at both
•• Material claim of Rp99,200,000,000 of the Surabaya the District Court
•• Immaterial claim of Rp291,593,480,983,056 Religious Court and High Court
No. 371/Pdt.G/2025/ levels.
PA.Sby. The Plaintiff
subsequently filed a
cassation.
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LITIGATION
Impact on the Management
No. Main Subject of Case/Claim and Parties Settlement Status Sanctions
Company Actions
3 Civil lawsuit case No. 92/Pdt.G/2025/PN.Tng The Tangerang There is a risk of Case -
between Supriadi as the Plaintiff, the President District Court ruled compensation; monitoring.
Director of BSI as Defendant I, the Head of that it does not however, it is not BSI’s legal
BSI Kelapa Gading Branch as Defendant II, have the authority material to BSI’s position is
the President Director of PT Asuransi Takaful to examine and business. strong.
Keluarga as Defendant III, and the Head adjudicate the case.
of PT Asuransi Takaful Keluarga Branch as Against this decision,
Defendant IV. the Plaintiff filed an
appeal.
The Plaintiff, as the heir of a customer,
requested the return of collateral in the form The Banten High
of Freehold Title (SHM) No. 115/Kel. Sumur Court upheld the
Pancing, on the grounds that PT Asuransi decision of the
Takaful Keluarga had processed the insurance Tangerang District
claim, but the claim amount was allegedly Court No. 92/
insufficient. Pdt.G/2025/PN.Tng
dated 29 July 2025.
Claim Value:
•• Material claim of Rp15,000,000,000
•• Immaterial claim of Rp2,000,000,000
4 Civil lawsuit case No. 361/Pdt.G/2025/PN.Blb As of now, the There is a risk of Case -
between Tuti Hadiati as the Plaintiff; Heri case is still under compensation; monitoring.
Risnandar as Defendant I; Diana Herawati as examination at the however, it is not BSI’s legal
Defendant II; M. Fajar as Defendant III; Permadi Bale District Court, material to BSI’s position is
Andasasmita as Defendant IV; M. Fauzan Zakiri Bandung Regency. business. strong.
as Defendant V; PT Bank Syariah Indonesia
as Defendant VI; and the Bandung Regency
Land Office/ATR BPN as Co-Defendant I.
The lawsuit concerns a dispute over ownership
of the disputed object, which serves as
collateral at BSI. The land object was purchased
by the Plaintiff from the seller (the parents of
Defendant I and Defendant II). The transfer
of title was not processed prior to the seller’s
death, and Defendant I and Defendant II, as
the heirs of the seller, processed the transfer of
title based on a certificate of heirs, resulting in
the land being registered under their names.
Defendant I and Defendant II subsequently
sold the land object under Deed of Sale and
Purchase (AJB) No. 1/2025 to Defendant III,
who is a BSI customer, and the Freehold
Title (SHM) of the land object has now been
transferred and registered under the name of
Defendant III.
Claim Value:
•• Material claim of Rp10,000,000,000.00
•• Immaterial claim of Rp2,000,000,000
5 Civil lawsuit case No. 3197/Pdt.G/2025/PA.JS As of now, the There is a risk of Case -
between PT Prospero Optima Solusindo as case is still under compensation; monitoring.
the Plaintiff and PT Bank Syariah Indonesia as examination at however, it is not BSI’s legal
the Defendant. The lawsuit was filed by an IT the South Jakarta material to BSI’s position is
vendor that has a cooperation agreement with Religious Court. business. strong.
BSI as a system development service provider.
The Plaintiff alleged that BSI committed a
breach of contract (default) due to the non-
payment related to the project carried out by
the Plaintiff.
Claim Value:
•• Material claim of Rp9,790,710,000.00
•• Immaterial claim of Rp21,595,000,000.00
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LITIGATION
In addition to the legal cases described above, BSI also faced industrial relations cases, the details of
which are presented in the table below.
Main Subject of Case/Claim and Settlemen Impact on the Management
No. Sanctions
Parties t Status Company Actions
1. Industrial Relations Case No. 56/Pdt. As of now, the There is a risk of The case remains Payment of
Sus-PHI/2025/PN.Srg between Yusuf case is still under compensation; under examination compensation
Rahman (former BSI employee) examination at however, it is not at the Serang District
as the Plaintiff and PT BSI as the the Serang District material to BSI’s Court
Defendant. The lawsuit relates to Court business
the Plaintiff’s termination for cause,
with the Plaintiff claiming severance
pay and long-service award
compensation.
Claim Value:
•• Material claim of Rp634,848,471
•• Immaterial claim of
Rp10,000,000,000
Legal Cases Involving the Serving Board of Commissioners and Board of Directors
Throughout 2025, there were no legal cases involving the serving members of the Board of Commissioners
and the Board of Directors.
Legal Cases Involving Subsidiaries
As of 31 December 2025, BSI did not have any subsidiaries; therefore, no legal cases were occurred
involving subsidiaries.
Administrative Sanctions Imposed on the Company, the Board of Commissioners, and the Board of
Directors by Capital Market Authorities and Other Authorities
Throughout 2025, BSI received several administrative sanctions, among others related to errors in
reporting the Integrated Commercial Bank Report (LBUT), inaccuracies in reporting data to the Financial
Information Service System (SLIK), delays in reporting the realization of financial literacy and inclusion
programs, delays in reporting cash financial transactions, as well as sanctions related to consumer
protection reporting. The total value of these sanctions amounted to Rp118,350,000 and was therefore
categorized as not material and did not affect the continuity of BSI’s business operations.
In addition, no administrative sanctions were imposed by the regulators on any members of the Board of
Commissioners or the Board of Directors.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
ACCESS TO COMPANY INFORMATION
AND DATA
BSI consistently ensures the timely and accurate disclosure of up-to-date information regarding
developments within the Bank to its stakeholders. The information disclosed is compiled and processed
internally and subsequently presented in periodic reports in accordance with applicable information
disclosure requirements. This practice reflects the Bank’s commitment to transparency and compliance
with prevailing laws and regulations, including capital market disclosure regulations.
The Bank’s information transparency covers its position, condition, performance, and financial outlook, as
disclosed through annual reports, periodic financial statements, interim reports, press releases, and other
public disclosures. Stakeholders may utilise these information materials to assess the Bank’s performance.
All disclosures are updated on a regular basis and communicated to shareholders and capital market
authorities through various communication channels. This regular disclosure process forms part of the
Bank’s efforts to establish effective and inclusive communication with all stakeholders.
The Company has established communication channels for investors and capital market participants to
engage with Investor Relations, as detailed below.
Investor Relations Group
Gedung The Tower
Jl. Gatot Subroto No. 27 Kel. Karet Kuningan
Kec. Setiabudi, Jakarta Selatan
Jakarta 12930 Indonesia
Website-Investor Relations: ir.bankbsi.co.id
E-mail: investor-relations@bankbsi.co.id
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CODE OF CONDUCT
The Code of Conduct serves as the Bank’s internal - themselves;
guideline that sets out core values, business ethics, - family/relatives up to the second degree,
commitments, and the enforcement of corporate both vertically and horizontally;
regulations governing individual conduct in - companies in which the relevant individual
carrying out business activities, other professional and/or their family has an interest.
duties, and interactions with stakeholders. The c. Family/relative relationships with Bank
Code of Conduct establishes ethical and behavioral personnel up to the second degree, both
standards that must be observed by all levels vertically and horizontally, must be disclosed
within the Bank, including the Board of Directors, in accordance with applicable provisions.
the Board of Commissioners, Senior Management, d. The provision of financing facilities to
and Employees, both in the performance of Executive Officers of the Bank, including
daily duties and in business relationships with their family/relatives up to the second
customers, business partners, and colleagues. degree, must obtain approval from the
Board of Commissioners in accordance with
The primary objective of the Code of Conduct applicable regulations, the implementation
is to provide clear guidance to ensure that any of which is governed by the Bank’s internal
violations of the Code of Conduct and business policies.
ethics across the Bank can be detected in a timely e. Bank personnel must avoid activities
manner. As the banking industry is founded on involving organizations and/or individuals
trust and public confidence, all activities must that may result in conflicts of interest.
be conducted ethically, responsibly, and with f. Bank personnel are prohibited from
integrity. taking or using Bank facilities for their own
interests, those of their family, or other
The application of ethical conduct and business external parties.
ethics is intended to prevent the development of g. Bank personnel may conduct securities
improper relationships with customers or among transactions, foreign exchange trading,
Bank personnel. These provisions support the precious metals trading, derivative
implementation of Good Corporate Governance, transactions, and other goods transactions
which in turn strengthens the Bank’s image for personal interests outside working hours
and reputation. The Company has established provided that there is no conflict of interest,
processes for the implementation and monitoring no violation of insider trading regulations
of compliance with the Code of Conduct. The issued by regulators, and no violation of
Director of Human Capital is responsible for other applicable laws and regulations.
overseeing the consistent application of the Code
of Conduct across all levels of the Bank. 2. Prohibition of Bribery (Risywah)
Bank personnel must take firm action against
Key Provisions of the Code of Conduct any form of gifts or gratifications from
The matters regulated in the Code of Conduct are customers, business partners, or other third
as follows: parties.
1. Conflict of Interest 3. Confidentiality
The implementation of conflict-of-interest Bank personnel must maintain the
provisions includes the following: confidentiality of Bank data, particularly all
a. Bank personnel are required to avoid information relating to deposit customers and
activities that may give rise to conflicts of their deposits, as well as investor customers
interest. Activities that may cause conflicts and their investments, in accordance with
of interest must be avoided. applicable regulations.
b. Bank personnel are prohibited from
approving and/or requesting approval for
financing facilities, as well as special margin/
profit-sharing rates, for:
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
CODE OF CONDUCT
4. Abuse of Position Compliance with the Code of Conduct
Bank personnel are prohibited from abusing The Bank’s Code of Conduct applies to the
their authority and obtaining benefits, either entire organisation, encompassing the Board of
directly or indirectly, based on information Commissioners, the Sharia Supervisory Board,
obtained from the Bank’s business activities. the Board of Directors, and all employees. As
a demonstration of the Bank’s commitment
5. Insider Conduct to upholding the Code of Conduct, its
Insiders who possess confidential information implementation is reinforced through the annual
are prohibited from using such information to signing of an Integrity Pact. The signing of the
obtain benefits for themselves, their families, Integrity Pact by the Board of Commissioners, the
or other third parties. Board of Directors, and executive officers serves
as a preventive measure to control gratification
6. Integrity and Accuracy of Bank Data practices and/or actions that violate the BSI Code
The Bank operates in a highly regulated of Conduct, as well as other actions that are
industry; therefore, the accuracy of the data contrary to applicable laws and regulations.
presented must be maintained.
Dissemination of the Code of Conduct
7. Integrity of the Banking System The Bank’s Code of Conduct is formally stipulated
Bank personnel must ensure that they are not in internal regulations, including the Company
involved in criminal acts and/or other illegal Regulation (Peraturan Perusahaan/PP) of PT Bank
activities that may disrupt the banking system, Syariah Indonesia Tbk for the 2025-2027 period
such as fictitious financing, misappropriation (PP BSI) and its implementing provisions. The PP
of customer funds, transaction fraud, data BSI is accessible to all levels of management and
falsification, and similar acts. employees through the intranet network, as part
of efforts to reduce paper usage and support the
8. Management of Employee Accounts sustainable finance programme.
The Bank must ensure that all accounts held
in the name of Bank personnel are managed The dissemination and socialisation of the Code
fairly and in accordance with all requirements of Conduct aim to enhance understanding
stipulated in the Bank’s Company Regulations. and consistent implementation among all BSI
The Human Capital Unit ensures the use employees. Through these efforts, management
of such accounts while maintaining Bank and employees are expected to comply fully with
confidentiality provisions. the applicable provisions. Socialisation activities
are carried out by management and the relevant
9. Annual Disclosure work units.
In relation to the implementation of the Bank’s
Code of Conduct, Bank personnel are required One of the socialization programs conducted
to submit an annual statement honestly and regularly was “Jumat Berkah” and “Munajat
in an accountable manner. Jumat”, which served as a platform to convey the
Company’s values, namely AKHLAK, as the core
10. Supervision, Implementation, and Updating values for BSI employees. Through this program,
The Director/SEVP of Human Capital employees are expected to remain aligned with
is responsible for supervising the ethical standards and the Bank’s Code of Conduct.
implementation of the Code of Conduct by all The Code of Conduct is also disseminated through
Bank personnel without exception. other media, such as infographics and circular
letters.
11. Sanctions for Violations/Non-Compliance
In the event of violations or non-compliance In addition, dissemination of the Code of Conduct
with these provisions, the violator may be has been conducted through the New Policy
subject to sanctions in accordance with System (NPS) portal and the Bank’s website.
applicable regulations. Socialisation has also been extended to both
internal parties, including organic and non-organic
BSI employees, as well as external parties such as
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CODE OF CONDUCT
business partners, vendors, service providers, and 1. Non-Sanction Violation Category: Written
other third parties Coaching Letter (Non-Sanction)
2. Minor Violation Sanction Category:
Efforts to Implement and Enforce the Code of a. Written Warning Letter 1
Conduct b. Written Warning Letter 2
The effective implementation and enforcement of 3. Moderate Violation Sanction Category:
the Code of Conduct are essential to safeguarding a. Written Warning Letter 1
integrity, transparency, and accountability across b. Written Warning Letter 2
all organisational activities. In demonstrating its 4. Major Violation Sanction Category:
commitment to ethical values, BSI has undertaken a. First and Final Severe Warning Letter (SPT)
concrete and consistent measures, one of which is b. Termination of Employment (PHK)
the implementation of an Integrity Pact signed by
all levels of management and employees. Number of Violations and Sanctions Imposed
During the 2025 period, the Company imposed
The Integrity Pact represents a tangible disciplinary sanctions at light, moderate, and
manifestation of BSI’s commitment to high severe levels in response to violations of internal
ethical standards. All individuals within BSI, from policies and provisions. The classification of these
management to employees, are required to sign sanctions reflects the level and characteristics
the Integrity Pact as formal acknowledgment of of the violations that occurred. Overall, the total
and adherence to the applicable Code of Conduct. number of code of ethics violations that occurred
This requirement reinforces the principle that at BSI was 46 cases. The Company remains
every action and decision taken must reflect the consistent in enforcing discipline and is committed
ethical and moral standards established by the to strengthening compliance and governance
Company. throughout the organization.
The Integrity Pact is renewed on an annual basis,
underscoring BSI’s ongoing commitment to
ensuring that all personnel remain aligned with
prevailing values, policies, and ethical standards.
This annual renewal also serves as a mechanism
to reinforce compliance with the Code of Conduct
and provides an opportunity to incorporate
updates in response to regulatory developments
or changes in the business environment.
Through these measures, BSI seeks not only
to strengthen awareness and compliance with
the Code of Conduct among its employees and
management, but also to foster a professional,
responsible, and integrity-driven work culture. The
enforcement of the Code of Conduct through the
Integrity Pact is expected to mitigate potential
ethical violations and enhance public trust in
BSI as a reliable financial institution with strong
ethical foundations.
Types of Sanctions for Code of Conduct
Violations
Disciplinary actions are imposed on employees
who fail to fulfil their obligations and/or violate
Company policies or regulations, through the
application of graduated sanctions, as follows:
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
LONG-TERM COMPENSATION POLICY
BASED ON PERFORMANCE
The Bank provides Long-Term Incentives (LTI) as a form of variable remuneration in
the form of shares issued by the Bank, representing a certain percentage of total
variable remuneration. For Independent Commissioners, the LTI in the form of shares
is converted and paid in cash in accordance with applicable provisions.
The amount of LTI granted is determined based on individual performance, roles and
responsibilities in managing the Bank, as well as the level of risk associated with the
position held. The LTI is granted in a deferred or blocked form for a period of three (3)
years and may be paid proportionally on an annual basis.
The granting of LTI is subject to the approval and determination of PT Bank Mandiri
(Persero) Tbk, as the Majority Series B Shareholder and proxy of the General Meeting
of Shareholders, following prior consultation with the Ministry of State-Owned
Enterprises as the Series A Dwiwarna Shareholder, as resolved in the Annual General
Meeting of Shareholders for the 2023 financial year.
Further information regarding the realisation of LTI grants is presented in the section
on Governance in Remuneration within the Corporate Governance chapter of this
Annual Report.
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WHISTLEBLOWING SYSTEM
BSI is committed to building a sound and integrity- 5. To facilitate communication, the reporter is
driven business environment and aims to become encouraged to provide identity information,
a trusted Sharia Bank in delivering high-quality including:
services. a. Name of the reporter (anonymous reporting
is permitted).
To uphold this commitment, BSI has established b. Telephone number or email address that
a Whistleblowing System (WBS) as a reporting can be contacted.
channel. The WBS provides an opportunity to
report alleged fraud or legal violations, breaches Channels for Reporting Violations
of the Code of Conduct, and conflicts of interest The Bank provides several channels for reporting
committed by internal parties within BSI. misconduct, as follows:
As a form of protection for whistleblowers, BSI is
committed to ensuring the confidentiality of the
reporter’s identity and the contents of the report
Website: https://whistleblowing.tips/wbs
submitted.
/@E-WBSI
Email: e-wbsi@rsm.id
Submission of Violation Reports
Telepon/WA/SMS: 08117-851-851
Reports of alleged violations will be more easily
followed up if they contain the following elements:
1. The reporter is required to provide initial
information, namely: Protection for Whistleblowers
a. What: The act suspected to constitute a BSI is committed to providing full support and
violation. protection to every whistleblower by ensuring the
b. Who: The parties involved in the act. confidentiality of the reporter’s identity and the
c. Where: The location where the act occurred. proper handling of investigations and disclosures
d. When: The time when the act occurred. related to submitted reports. Follow-up actions
e. Why: The motive behind the violation and are carried out after the Bank has verified that the
the cause of its occurrence. report is substantiated and supported by sufficient
f. How: How the act was carried out (modus, evidence.
method, etc.).
7. To accelerate the follow-up process, the
reporter should attach preliminary evidence of
the alleged misconduct, including:
a. Written evidence, such as financing
documents, letters, and notarial deeds.
b. Written statements from witnesses.
c. Written statements from the alleged
perpetrator.
d. Indirect evidence, including electronic
documents and/or printouts, CCTV footage,
voice recordings, SMS messages, and similar
materials.
Any evidence submitted by the reporter must
not be obtained in violation of applicable laws
and regulations.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
WHISTLEBLOWING SYSTEM
Complaint Handling
Other Authorized
Activity Internal Bank*) WBS Management Head of the WBS Units Responsible
Reporter PJP WBS Management Unit
Work Unit for Following Up on
the WBS
1. The reporter reports the Receive WBS Approve the results
alleged violation through Report suspected reports from Review and decide of the WBS report
the Whistleblowing System violations through reporters, through on the WBS analysis analysis and proposed Following up on WBS
(WBS) reporting facility. the WBS reporting pre-screening, and results to be followed follow-up actions reports
2. Reports received are subject tool confirmation of the up or not. by the Authorized
to Pre-Screening and submitted reports. Work Unit
confirmed by the Internal
Bank/PJP WBS.
3. Internal Bank/PJP WBS
requests supporting
evidence for the report until
it is declared sufficient to be Other
followed up. Submit a request
IVA Work
4. Internal Bank/PJP WBS for approval of the
and/ Units
analyzes the WBS report and Ensure sufficient results of the WBS HCBP COG IFG
or related
proposes follow-up actions on evidence for reporting analysis to
RBC to WBS
the report. violation reports and the Head of the WBS
Management Work Reports
5. The WBS Management Work remind reporters
Unit reviews, determines, and to complete the Unit to be forwarded
submits a request for approval lack of evidence for to the Authorized
of the results of the WBS reporting violations. Work Unit to follow
reporting analysis to the Head up on the WBS
of the WBS Management report. LD
Work Unit to be forwarded to
the Authorized Work Unit to
follow up on the WBS report. LTD
6. The Head of the Work Unit in
Charge of the WBS Function
approves the results of the Conducting WBS
WBS report analysis and the report analysis to
proposed follow-up actions by determine whether
the Authorized Work Unit. the WBS report is Reporting the
7. The WBS analysis results worthy/ unworthy of results of follow-up
report that has been follow-up. actions regarding
approved by the Head of the
the resolution of
WBS Management Work Unit
WBS reports to the
is submitted to the authorized
WBS Management
Work Unit.
Unit
8. The WBS Management Work Submit a request
Unit monitors the follow- for approval of the
up to the completion of the results of the WBS
WBS report by the Authorized reporting analysis to
Work Unit. the Head of the WBS
9. After the report has been Management Work
followed up, the Authorized Unit to be forwarded
Work Unit reports the results to the Authorized
of the follow- up to the Work Unit to follow
completion of the WBS report up on the WBS
to the WBS Management report.
Work Unit.
10. The WBS Management Work
Unit provides information to
the WBS PJP regarding the
status of violation reports
submitted through media Provide information
determined by the Bank. to the reporter Provide information
11. PJP WBS provides information regarding the to PJP WBS
to the reporter regarding the Report suspected status of the regarding the
status of the violation report violations through violation report status of violation
submitted through the media the WBS reporting submitted reports submitted
determined by the Bank. tool through the media through media
determined by the determined by the Information
Bank. Bank. LTD: Report Not Followed Up
LD: Report Followed Up
Internal Bank: WBS Officer
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WHISTLEBLOWING SYSTEM
Scope of Violations Number of Complaints and Complaint Process
The scope of violations that may be reported As of 31 December 2025, the Bank received a total
through the Whistleblowing System includes the of 118 reports through the Whistleblowing System,
following: comprising 20 reports related to financing, 16
reports related to operational matters, 40 reports
1. Fraud concerning violations of the Code of Ethics, and 42
2. Asset Misappropriation reports that were not related to WBS violations.
3. Information Leakage
4. Banking Crimes During 2025, the Bank received 118 complaints
5. Violation of Company Regulations through the whistleblowing system up to 31
6. Conflict of Interest December 2025, of which 11 complaints had
7. Bribery and/or Gratification been followed up and resolved, 3 complaints
8. Unethical Conduct were still in the follow-up process, 8 complaints
9. Violations of Sharia Compliance were considered not yet followed up, and 96
10. Other actions that may be considered complaints were deemed not eligible for follow-
equivalent to forms of violations. up in accordance with the prevailing criteria and
11. Violations related to Corruption, Collusion, and provisions.
Nepotism (KKN) within the Bank.
12. Violations of laws and regulations within the
Sanctions/Follow-Up on Complaints In 2025
Bank.
Based on 11 reports that had been followed up, 11
(eleven) reports were proven to involve violations/
Management of Violation Reports
fraud and sanctions had been imposed in
In managing reports of violations, the Bank
accordance with the Bank’s regulations.
engages an external party, PT RSM Indonesia.
In addition, the unit or function responsible for
managing the WBS is under the Compliance
Group. The Compliance Group reports to the
President Director or Director and maintains
direct communication and reporting lines with
the Board of Commissioners.
Whistleblowing System Socialization
Socialization of the Whistleblowing System and
Anti-Gratification reporting media was carried
out to all employees through employees’ desktop
computers, employee emails, the Bank’s website,
as well as through training activities and sharing
sessions. The socialization was also conveyed to
customers, partners or Bank counterparties, and
the public.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
ANTI-CORRUPTION PROGRAM
PROGRAMS AND PROCEDURES TO Procedures carried out in addressing corruption,
COMBAT CORRUPTION PRACTICES kickbacks, bribery fraud and/or gratuities,
including:
Anti-Bribery Management System 1. Gratification control is the responsibility of all
As part of the commitment of BSI’s management Bank personnel.
to preventing and combating corruption, the Bank 2. All Bank personnel are required to avoid and
has implemented an Anti-Bribery Management refuse any gratification that may be considered
System since the initial merger in 2021. The system bribery, whether originating from external or
has been certified under ISO 37001:2016, with its internal parties, that is related to their position
scope covering procurement activities within and contrary to their duties as Bank officers.
the Procurement and Fixed Asset Group at the 3. If a gratification cannot be refused at the first
Head Office. Regular surveillance audits have opportunity, the recipient must return the
been conducted on an annual basis to ensure the gratification no later than 24 hours after receipt
continued effectiveness of the system. and report the return to the Gratification
Control Unit (Anti-Bribery – Compliance
In 2025, BSI successfully maintained the ISO Group), accompanied by authentic evidence of
37001:2016 Anti-Bribery Management System the return, such as a handover report signed by
(SMAP) certification within the scope of the recipient and the giver or proof of deposit/
procurement at the Procurement and Fixed Asset transfer if the gratification is in cash.
Group Unit and BSI Corporate University at the 4. Bank personnel who refuse or receive
Head Office. gratification are required to report such refusal
or receipt to the Gratification Control Unit
Gratification Policy via email at: antibribery@bankbsi.co.id and/
In reference with laws and regulations on the or WhatsApp at 08118 451 451 no later than 10
eradication of corruption, namely Law No. 31 of (ten) working days from the date of refusal or
1999 as amended by Law No. 20 of 2001, corruption receipt, with a copy to the reporting unit head.
is defined as the abuse of authority to unlawfully 5. The Gratification Control Unit reviews reports of
enrich oneself or another person or party. gratification refusal or receipt, determines the
Gratification is one of the prohibited acts that may classification of the gratification, and issues a
lead to fraud and corruption. To mitigate such Gratification Determination Letter no later than
risks, BSI has established an Operational Technical 30 (thirty) working days after complete receipt
Guideline (Petunjuk Teknis Operasional/PTO) of the report and supporting documents.
on Gratification Control, which is continuously 6. Bank personnel are required to educate the
socialised throughout the Bank’s organisation. giver or parties with potential conflicts of
interest, in a proper and courteous manner,
Through the implementation of gratification regarding the prohibition on receiving
control, all employees are expected to: gratification deemed as bribery and/or other
1. Establishing Good Governance values and prohibited forms of gratification.
instilling the value of integrity. 7. If Bank personnel become aware of any
2. Refusing to receive or give any gratification gratification deemed as bribery that is not
related to their position that conflicts with their reported by the recipient, the matter may be
duties or responsibilities. reported through the Whistleblowing System
3. Reporting any gratification received that is (WBS).
related to their position and conflicts with their
duties or responsibilities to the Gratification Gratification Report 2025
Control Unit under the Compliance Unit’s
coordination.
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ANTI-CORRUPTION PROGRAM
During 2025, there were 20 (twenty) gratification In 2025, the programs that were implemented
reports with the following details:: included:
•• 18 (eighteen) gratification reports were followed 1. Risk Awareness and Anti-Fraud Campaign
up by the BSI Anti-Bribery unit, amounting Program for all employees through online
to Rp8.386.680, and appropriate handling and offline socialization, e-mail blasts, desktop
recommendations were provided. computer notifications, posters, infographics,
•• 2 (two) gratification reports were followed up by videos, social media, and onsite monitoring.
the Corruption Eradication Commission (KPK), The details of the activities were as follows:
amounting to Rp5.750.000, and appropriate a. Socialization of anti-gratification content/
handling recommendations were provided posters in collaboration with the Corporate
based on the decision recommendations of the Secretary & Communication Group (CSG),
KPK leadership. Chief Information Security Officer (CISO)
and the IT Operation Group (IOG) through
Anti-Corruption Training/Socialization for e-mail blasts, WhatsApp blasts, social
Employees media, and the Company’s website.
The implementation of gratuity control b. Anti-Gratification (Laa Risywah) socialization
socialization aims to enhance the Bank’s to internal parties, including organic and
organizational understanding of Gratuity Control, non-organic BSI employees, as well as to
fostering an Anti-Fraud Awareness culture based external parties such as partners, vendors,
on the Gratuity Control Operational Technical business partners, and other third parties.
Guidelines (PTO). 2. Visits to work units in order to monitor the
implementation of gratification control within
work units, including branch offices (KC) and
sub-branch offices (KCP).
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
ANTI-FRAUD POLICY
Anti-Fraud Strategy Objectives
BSI has implemented an Anti-Fraud Strategy The objectives to implement Anti-Fraud Policy
in reference with POJK No. 12 of 2024 on the include the following:
Implementation of Anti-Fraud Strategies 1. To provide fundamental guiding provisions for
for Financial Services Institutions. To further all Bank personnel to strengthen the internal
strengthen its commitment and ensure effective control system, particularly in implementing
implementation, the Bank has established the four (4) pillars of the fraud control system,
specific internal policies that comprehensively namely:
outline the Anti-Fraud Strategy, including the a. prevention;
Anti-Fraud Policy, Standard Procedures for Anti- b. detection;
Fraud Strategy Control (SAF), and other related c. investigation, reporting, and sanctions;
regulations. d. monitoring, evaluation, and follow-up, as
part of the implementation of the anti-
In line with the POJK, BSI defines fraud as any act fraud strategy across all levels of the Bank to
of deviation and/or deliberate omission intended safeguard and secure the Bank’s business
to deceive, mislead, or manipulate the Bank, activities.
customers, or other parties, occurring within 2. To provide guidance in supporting the
the Bank’s environment and/or using the Bank’s implementation of the anti-fraud strategy.
facilities, which results in losses to the Bank, 3. To serve as a reference for Bank personnel
customers, or other parties and/or provides direct in developing and socializing an anti-fraud
or indirect benefits to the perpetrator and/or other declaration in order to minimize the risk of
parties. losses to the Bank.
Anti-Fraud Strategy Application Framework
FINANCIAL, SOCIAL, AND SPIRITUAL FRIENDS
PRESIDENT DIRECTOR
SAFF COORDINATOR (IT & FRAUD RISK GROUP)
PILAR I PILAR II PILAR III PILAR IV
INVESTIGATION, REPORTING,
PREVENTION DETECTION MONITORING, EVALUATION
AND IMPOSITION OF
& FOLLOW-UP
SANCTIONS
1. Anti fraud Awareness 1. Whistleblowing 1. Investigasi 1. Pemantauan
2. Identifikasi 2. Fraud Detection 2. Pelaporan 2. Evaluasi
Kerawanan System 3. Pengenaan Sanksi 3. Tindak Lanjut
3. Know Your Employee 3. Surprise Audit 4. Proses Hukum
4. Surveillance-
System
PRINCIPAL GUIDELINES
BANK INTERNAL POLICIES
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ANTI-FRAUD POLICY
The Anti-Fraud Strategy is developed b. Acting objectively and upholding ethical
comprehensively and implemented through a and moral values, fairness, transparency,
fraud control system using tools derived from the consistency, and high standards of honesty
four (4) interrelated pillars, as follows: and commitment;
c. Actively participating in efforts to prevent
1. Pillar I: Fraud Prevention, through anti-fraud and eradicate fraud and being willing to
awareness programs (the development and report fraud incidents within the Bank; and
socialization of Anti-Fraud Declaration and d. Creating a work environment free from
Anti-Fraud Culture Program for Employees), corruption, collusion, and nepotism (KKN).
vulnerability identification, and Know Your 5. Establish and oversee the implementation of
Employee (KYE). the Code of Conduct related to fraud prevention
2. Pillar II: Fraud Detection, through reporting at all organizational levels.
channels (Whistleblowing System and Anti- 6. Establish and oversee the comprehensive
Bribery/Gratification), Surprise Audits, and implementation of the Anti-Fraud Strategy.
Surveillance Audits. 7. Develop the quality of human resources,
3. Pillar III: Fraud Investigation, Reporting, and particularly in relation to increasing fraud
the Imposition of Sanctions, including legal awareness and fraud control.
proceedings. 8. Monitor and evaluate fraud incidents and
4. Pillar IV: Fraud Monitoring, Evaluation, and determine appropriate follow-up actions.
Follow-up. 9. Develop effective internal and external
communication channels to ensure that all
BSI establishes an anti-fraud culture based on four Bank officers and employees understand
pillars, namely Prevent, Detect, Act, and Monitor: and comply with applicable policies and
1. Prevent fraud from occurring within the Bank procedures, including policies and procedures
(Zero Tolerance for Fraud). for fraud control.
2. Detect to uncover fraud incidents within the 10. Ensure the active role of the Sharia Supervisory
Bank. Board in upholding and ensuring the
3. Act promptly against fraud perpetrators to implementation of sharia principles (sharia
maintain a sound banking business. compliance) in the Bank’s activities and
4. Monitor the consistency and commitment in operations. In this regard, the Sharia Supervisory
following up on fraud incidents. Board performs an active role in enforcing the
Anti-Fraud Policy in relation to the following
Active Management Oversight matters:
The Board of Commissioners, the Sharia a. Supervising the implementation of the Anti-
Supervisory Board, and the Board of Directors Fraud Policy, particularly deviations related
of Bank Syariah Indonesia are authorised and to sharia principles;
responsible to: b. Supervising and ensuring the development
of human resource quality, particularly with
1. Develop an anti-fraud culture and awareness respect to enhancing fraud awareness and
at all levels of the organization, including control;
the issuance of an Anti-Fraud Declaration c. Supervising the monitoring and evaluation
(Anti-Fraud Statement) and adequate processes, as well as reporting on fraud
communication to all organizational levels incidents and the determination of follow-
regarding behaviors that constitute fraud. up actions, particularly those related to
2. Sign an integrity pact across the entire deviations from sharia principles.
organization, including the Board of Directors,
the Sharia Supervisory Board, the Board of
Commissioners, and all Bank employees, which
at least covers:
a. Compliance with laws and applicable
regulations;
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
ANTI-FRAUD POLICY
Anti-Fraud Organization and Authority
Board of Commissioners*
President Director
SAF Implementation Coordinator**
(Officer overseeing the SAF function)
Work unit performing the Work unit performing the
Work unit performing the Work unit performing the Investigation, Reporting, Monitoring, Evaluation, and
Prevention Function Detection Function Sanction, and Legal Process Follow-up Function
Function
(*) Cross-communication channel by the officer overseeing the SAF function to the Board of Commissioners
(**) IT & Fraud Risk Group (IFG) as the implementing unit of the SAF Implementation Coordinator function
The work unit serving as the coordinator for the implementation of Anti-Fraud Strategy is accountable
to the President Director and maintains communication and reporting lines with the Board of
Commissioners regarding the implementation of Anti-Fraud Strategy. Organisationally, the official
overseeing Anti-Fraud Strategy function is positioned under the Director of Risk Management; therefore,
communication and reporting to the President Director and the Board of Commissioners are conducted
through the Director of Risk Management. The official responsible for Anti-Fraud Strategy function shall
acquire anti-fraud professional certification, experience in anti-fraud field, and/or adequate experience
in the banking industry.
Reporting
BSI submits the Anti-Fraud Strategy Implementation Report to the OJK on a semi-annual basis, as well
as incidental reports in the event of fraud incidents with significant impact that may disrupt the Bank’s
operational activities.
Number of Deviations (Internal Fraud) and Resolution Efforts
Total Cases Carried Out by
BOC/BOD Permanent Employee Non-Permanent Employee
Internal Fraud Remark
Previous Current Previous Current Previous Current
Year Year Year Year Year Year
(2024) (2025) (2024) (2025) (2024) (2025)
Total Fraud - - 24 3 4 - -
Resolved - - 24 3 4 - -
In the process
of internal - - - - - - -
resolution
Not yet subject
to resolution - - - - - - -
efforts
Followed up
through legal - - 8 1 2 - -
proceedings
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
CONFLICT OF INTEREST POLICY
BSI implements a Conflict of Interest Policy in line with SEOJK No. 14/SEOJK.03/2025 to uphold integrity
and objectivity in all operational activities and decision-making processes. Accordingly, members of the
Board of Directors, the Board of Commissioners, Bank Committees, the Sharia Supervisory Board (DPS),
Executive Officers, and all employees are required to avoid any form of conflict of interest in carrying out
their duties and responsibilities.
The Conflict of Interest Policy serves as a framework to identify, prevent, and manage potential conflicts
of interest that may arise in the Bank’s business activities. The policy regulates preventive and handling
mechanisms, including decision-making procedures and mitigation measures, as well as administrative
processes for recording, documenting, and disclosing conflicts of interest in meeting minutes or other
official documents. In the event of a conflict of interest, the relevant party shall disclose the condition
transparently during the decision-making process and must not take any action that may harm the
Bank. Such disclosures are documented in meeting minutes, including the identity of the conflicted
party, the nature of the issue, and the basis for the decision taken, with decision authority adjusted to
ensure independence.
Through the consistent implementation of this policy, BSI ensures that all business activities and decisions
are conducted professionally, transparently, and in the best interests of the Bank
Throughout 2025, there were no conflicts of interest involving BSI management that resulted in losses for
the Bank. The Bank has taken several measures to prevent conflicts of interest, including:
1. e-Poster
The Bank created electronic posters (e-posters) that were disseminated to all employees as a preven-
tive measure against conflicts of interest.
2. Integrity Pact
To prevent conflict of interest situations, all members of management and employees are required to
submit an annual disclosure of any potential conflicts of interest as part of the Integrity Pact, which
is managed by the Human Capital unit and integrated into the Bank’s human resources system to
support effective monitoring and prevention.
3. E-mail Blast
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
INSIDER TRADING
As a publicly listed company, BSI complies with all applicable capital market laws and regulations.
Compliance with capital market provisions is implemented by upholding key principles, including
fulfilling the Bank’s regulatory obligations in accordance with prevailing regulations and establishing
a dedicated function within the Corporate Secretary responsible for ensuring compliance with capital
market requirements, supported by clearly defined duties and responsibilities.
Provisions relating to insider trading are stipulated in the internal regulation, namely the Standard
Operating Procedures of Corporate Secretary & Communication. Under these internal provisions, insider
trading is defined as transactions involving the Company’s or the Bank’s securities, including but not
limited to Sharia-compliant shares, pre-emptive rights (HMETD), Sharia bonds, and medium-term notes,
conducted by parties who possess inside information. The use of such inside information to gain benefits
in the capital market is categorised as an illegal activity.
Insiders are required to uphold the values set out in the Company’s/Bank’s Code of Conduct, including
the following:
1. Ensuring that personal interests do not conflict with the interests of the Company/Bank.
2. Not abusing position or authority for personal or family interests.
3. Refraining from any misconduct that may damage professional integrity or the reputation of the
Company/Bank.
The prohibitions on insider trading include the following:
1. Buying or selling the Company’s/Bank’s securities, or the securities of other companies conducting
transactions with the Company/Bank, while inside information has not yet been published or made
available to the public.
2. Influencing other parties to buy or sell the Company’s/Bank’s securities, or providing inside informa-
tion to any party who may reasonably be expected to use such information to buy or sell the Compa-
ny’s/Bank’s securities.
3. Having a conflict of interest.
4. Abusing position or authority.
5. Engaging in market manipulation.
6. Conducting short selling or margin trading activities.
Throughout 2025, there were no incidents of insider trading within the Bank.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
PROVISION OF FUNDS TO RELATED
PARTIES AND LARGE EXPOSURES
Funding provision to related parties at BSI is governed by POJK No. 26/POJK.03/2021 on the Legal
Lending Limit (LLL) and Large Exposures for Sharia Commercial Banks (BUS). Under this regulation,
large exposures refer to the provision of funds to individuals or groups that are not classified as related
parties, amounting to 10% or more of the Bank’s core capital. The regulation stipulates that total funding
to related parties is capped at a maximum of 10% of core capital, while funding to non-related parties is
limited to a maximum of 25% of the Bank’s Tier 1 capital. This POJK on BMPD for BUS has been effective
since 1 January 2022.
To ensure compliance with these requirements, BSI has established the Bank Syariah Indonesia Financing
Policy 2024, which regulates financing provisions to related parties, non-related parties, State-Owned
Enterprises (SOEs), Regional-Owned Enterprises (BUMD), regional governments, as well as financing in
foreign currencies. The implementation of this policy consistently refers to prevailing banking regulations,
ensuring that all financing activities are conducted in accordance with standards set by the relevant
authorities.
In practice, the funding follows standard financing procedures and is assessed based on reasonable
returns for the Bank. As part of prudent risk management, any large exposure to a single borrower or a
group of borrowers reaching 10% or more of the Bank’s core capital is subject to heightened scrutiny. Such
financing decisions are carefully reviewed by the Financing Committee, which comprises competent
members, including the President Director, as a key decision-maker. In the absence of the President
Director, the Vice President Director is authorised to assume this role in the decision-making process.
Throughout 2025, BSI did not record any violations or exceedances of the Legal Lending Limit.
Provision of Funds to Related Parties and Large Debtors
2025
No. Fund Provider Nominal
Number of Borrowers
(in millions of Rupiah)
1 To Related Parties 319 1,918,453
2 To 20 Core Debtors
a. Individual 3 11,540,956
b. Group 17 49,282,895
Total Core Debtors 20 60,823,851
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
TRANSPARENCY OF FINANCIAL
AND NON-FINANCIAL CONDITIONS OF BUS
In reference with SEOJK No. 14/2025 (Section XXIII.1.g), transparency in the implementation of good
corporate governance includes at least the disclosure of all aspects of the application of Good Corporate
Governance principles. This includes transparency of the Bank’s financial and non-financial conditions
that have not been disclosed in other reports, including information required to be disclosed beyond
what is stipulated under regulations on transparency and publication of bank reports.
BSI has submitted the Good Corporate Governance Implementation Report to shareholders, the OJK, and
other relevant institutions in compliance with applicable regulations. In addition, the Bank has fulfilled its
obligations to publish reports to stakeholders in accordance with prevailing accounting standards and
applicable regulatory provisions.
List of Consultants, Advisors, or Equivalent Entities Engaged by BUS
Consultant Name Scope of Work
Assegaf Hamzah & Partners Legal Consultant
Hadiputranto Hadinoto & Partners (HHP Law Firm) Legal Consultant
Karimsyah Legal Consultant
Dewan Syam & Partners Law Firm Legal Consultant
James Purba & Partners Legal Consultant
SSF Law Firm and Partners Legal Consultant
Suhendra & Partners Legal Consultant
BUY BACK SHARES AND/OR
BUY BACK OBLIGASI
In reference with Bank Indonesia Circular Letter (SEBI) No. 12/13/DPbs dated 30 April 2010 concerning the
Implementation of Good Corporate Governance for Sharia Commercial Banks and Sharia Business Units,
share buybacks and bond buybacks are defined as efforts to reduce the number of outstanding shares or
bonds by repurchasing such shares or bonds, with settlement conducted in accordance with applicable
regulations.
Throughout 2025, BSI did not carry out any share buyback and/or bond buyback transactions.
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
DISTRIBUTION OF FUNDS FOR
SOCIAL ACTIVITIES, BOTH AMOUNT
AND RECIPIENTS OF FUNDS
As part of its commitment to supporting the Sustainable Development Goals (SDGs), BSI Corporate
Social Implementation programs aimed at delivering positive and sustainable impacts on the Bank’s
operating environment, surrounding communities, and stakeholders. As a Sharia-compliant bank, the
design and implementation of these programs are consistently aligned with the principles of Maqashid
Shariah, ensuring that social value creation goes hand in hand with ethical and responsible practices.
The distribution of ZISWAF funds is primarily directed to the eight asnaf categories, fakir, miskin, gharimin,
muallaf, ibnu sabil, riqab, fii sabilillah, and amil, through partner institutions, and may also be extended to
eligible individuals or institutions closely connected to the Bank as dzawil qurba. In addition, Social funds
support broader social priorities, including poverty alleviation, productive economic activities, disaster
relief, health and education support, religious and community facilities, scholarships, social and Islamic
economic literacy, and other social initiatives that comply with Sharia principles, subject to approval from
the Sharia Supervisory Board where required.
Source of Funds Total
Zakat 253,690,822,343
Infaq 99,881,349,364
Social 42,897,192,104
Wakaf 4,852,345,944
Total 401,321,709,755
Non-Recognizable Income Includes Non-Halal Income and Its Utilization
In Million Rupiah
Source
Infaq and Shadaqah 99,881
Fines 23,899
Non-Halal Income 11,203
Others 7,796
142,779
Use of Charity Fund
Distribution of Charitable Funds (130,947)
(Decrease)/Increase of Charity Fund 11,832
Beginning Balance of Charity Fund 4,876
Ending Balance of Charity Fund 16,708
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
IMPLEMENTATION OF INTEGRATED
GOVERNANCE
As a subsidiary of the Mandiri Group, BSI actively as the Integrated Risk Management
participates in the Integrated Governance information system.
Committee (TKT) established by the Parent Entity, •• A comprehensive internal control system
PT Bank Mandiri (Persero) Tbk. The membership for the implementation of Integrated
of the Committee is determined in line with the Risk Management.
applicable provisions under the Board of Directors •• The implementation of Risk
Decree of PT Bank Mandiri (Persero) Tbk No. KEP. Management within each subsidiary.
DIR/136/2015 on Amendments to Membership of
Committees under the Board of Commissioners. b. IRC meetings are held at least three (3)
The number and composition of Independent times a year or whenever deemed necessary
Commissioners as members of the Integrated at the request of one or more committee
Governance Committee represent several members with voting rights (Voting
subsidiaries as required and in line with prevailing Member), at the request of the Board of
regulations. As a subsidiary, BSI consistently Directors, or based on a written proposal
follows and implements the directions and from relevant work units by submitting the
recommendations resulting from Integrated discussion materials and coordinating with
Governance Committee meetings. the Committee Secretary.
2. As a subsidiary, BSI regularly involves its Board
Duties and Responsibilities of the TKT Committee: of Directors in various board forums organized
1. Evaluating internal implementation and by the Parent Entity (Bank Mandiri), whether
the execution of compliance functions in an conducted on a quarterly or semi-annual basis.
integrated manner.
2. Providing recommendations to the Board of Integrated Governance Assessment Results
Commissioners of the Parent Entity (TKT). The aspects and results of BSI Integrated
Governance assessment in 2025 are presented in
Objectives of Establishing Integrated Governance: the following table:
1. Achieving a shared understanding between
all subsidiaries and Bank Mandiri regarding
the improvement of good governance quality
within the Financial Conglomerate.
2. Building strong synergy and business alliances
between all subsidiaries and Bank Mandiri to
create sustainable added value for the Financial
Conglomerate.
Relationship Between the Parent Entity and
Subsidiaries Through Discussion Forums:
1. Integrated Risk Committee (IRC)
The IRC is an Executive Committee responsible
for formulating, among other things, Integrated
Risk Management policies and improving or
refining Integrated Risk Management policies
based on evaluation results.
a. a. Duties, Authority, and Responsibilities of
the IRC::
•• The adequacy of processes for identifying,
measuring, monitoring, and controlling
risks in an integrated manner, as well
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IMPLEMENTATION OF INTEGRATED GOVERNANCE
No. Aspect Semester I/2025 Semester II/2025
1 Board of Directors 1.44 1.22
2 Board of Commissioners 1.70 1.70
3 Sharia Supervisory Board 1.00 1.00
4 Integrated Governance Committee 1.00 1.00
5 SKK (T) 1.25 1.25
6 SKAI (T) 1.00 1.00
7 PMR (T) 1.40 1.40
8 TK (T) Guidelines 1.33 1.33
9 Conflict of Interest 1.00 1.00
10 Remuneration Policy 1.00 1.00
Final Score 1.28 1.28
Semester I of 2025
Ranking Definition of Ranking:
The Financial Conglomerate was assessed to have implemented Integrated Governance
1 in a generally sound manner. This was reflected in the adequate fulfillment of the
principles of Integrated Governance. Where weaknesses in the implementation of
Integrated Governance were identified, such weaknesses were generally not significant
and could be promptly addressed by the Main Entity and/or the Financial Services
Institutions (LJK).
Governance Structure
Strengths:
a. The number and composition of the Board of Directors and the Sharia Supervisory Board of the
Company have complied with the requirements stipulated in the applicable laws and regulations; and
b. The number of human resources and supporting infrastructure for Corporate Governance
implementation, such as Compliance Unit and Internal Audit Unit, have complied with regulatory
requirements and are adequate to support the implementation of good corporate governance.
Weakness:
In relation to the Company’s GMS held on 16 May 2025, there were 12 (twelve) members of the Company’s
management appointed at the Annual GMS who were still in the process of completing the documentation
required for the OJK fit and proper test.
Governance Process
Strengths:
Similar to the governance structure aspect, almost all assessment criteria in the governance process
aspect represented positive factors for the implementation of corporate governance, namely:
a. The implementation of duties and responsibilities of the Board of Directors, Board of Commissioners,
and Sharia Supervisory Board (DPS) was carried out in accordance with the established Work
Guidelines and in reference to the principles of good corporate governance. This included the conduct
of meetings of the Board of Directors, the Board of Commissioners, and the DPS, as well as Joint
Meetings, which were consistently well documented and served as material for evaluation to improve
and strengthen the implementation of corporate governance in support of the Company’s objectives.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
IMPLEMENTATION OF INTEGRATED GOVERNANCE
b. All organs and supporting infrastructure for the implementation of corporate governance functioned
effectively in overseeing the implementation of good corporate governance.
Weakness:
The implementation of risk management still required improvement, considering that fraud incidents
were still identified during the assessment period.
Governance Outcome
Strengths:
a. Integrated Compliance Reports to the parent entity were submitted in a timely manner.
b. The Bank’s Governance Report, Annual Report, and Bank Soundness Level Report were submitted to
the regulators on time.
c. Recommendations from the Sharia Supervisory Board’s oversight were conveyed to the Board of
Directors of the Company, including oversight of the implementation of corporate governance
principles and Sharia principles.
d. The Internal Audit Unit prepared and submitted reports on the implementation of its duties and
responsibilities to the authorized officials in a complete, routine, and timely manner, with proper
documentation.
Weakness:
There were still fines imposed by regulators that required follow-up actions.
Semester II of 2025
Ranking Definition of Ranking:
The Financial Conglomerate was assessed to have implemented Integrated Governance in a
1 generally sound manner. This was reflected in the adequate fulfillment of the principles of Integrated
Governance. Where weaknesses in the implementation of Integrated Governance were identified,
such weaknesses were generally not significant and could be promptly addressed by the Main Entity
and/or the Financial Services Institutions (LJK).
Governance Structure
Strengths:
a. All members of the Board of Directors have passed the OJK fit and proper test. The number and
composition of the Board of Directors, Board of Commissioners, and Sharia Supervisory Board of the
Company have complied with the requirements stipulated in the applicable laws and regulations; and
b. The number of human resources and supporting infrastructure for Corporate Governance
implementation, such as the Compliance Unit and the Internal Audit Unit, have complied with
regulatory requirements and are adequate to support the implementation of good corporate
governance
Weakness:
In relation to the Company’s GMS held on 16 May 2025, there were still 3 (three) members of the Company’s
Board of Commissioners appointed at the Annual GMS who were currently in the process of awaiting the
schedule for the OJK fit and proper test.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
IMPLEMENTATION OF INTEGRATED GOVERNANCE
Governance Process Governance Outcome
Strengths: Strengths:
Similar to the governance structure aspect, a. Integrated Compliance Reports to the parent
almost all assessment criteria in the governance entity were submitted in a timely manner.
process aspect represented positive factors for b. The Bank’s Governance Report, Annual Report,
the implementation of corporate governance, and Bank Soundness Level Report were
namely: submitted to the regulators on time.
a. The implementation of duties and c. Recommendations resulting from the
responsibilities of the Board of Directors, Board oversight of the Sharia Supervisory Board were
of Commissioners, and DPS was carried out conveyed to the Company’s Board of Directors,
in line with the established Work Guidelines covering oversight of the implementation of
and with reference to the principles of good corporate governance principles and Sharia
corporate governance. This included the principles.
conduct of meetings of the Board of Directors, d. The Internal Audit Unit prepared and submitted
Board of Commissioners, and DPS, as well reports on the implementation of its duties and
as Joint Meetings, which were consistently responsibilities to the authorized officials in a
well documented and served as material complete, routine, and timely manner, with
for evaluation to improve and strengthen proper documentation.
corporate governance implementation in
support of the Company’s objectives. Weakness:
b. All organs and supporting infrastructure There were still fines imposed by regulators that
for corporate governance implementation required follow-up actions.
functioned effectively in overseeing good
corporate governance implementation.
Weakness:
The implementation of risk management
still required improvement, considering that
fraud incidents were still identified during the
assessment period.
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK MANAGEMENT
BSI implements Risk Management in a structured, Risk Management Training
integrated, and continuous manner to support In 2025, training was conducted to enhance
sustainable financial and operational growth. awareness, understanding, and implementation
In line with the POJK Sharia Governance, BSI of the risk management process aligned with the
recognizes that business sustainability is closely Bank’s strategy and objectives, as part of healthy
influenced by risk exposures arising from banking and sustainable corporate governance, including:
activities, both directly and indirectly. As such,
the Bank has established a comprehensive Risk 1. Essentials Series: Basic Risk Management
Management Policy as an integral part of its A digital (online) Basic Risk Management
Sharia governance framework, ensuring that all module-based learning program through
risk-taking activities remain consistent with Sharia the Learning Management System, which is
principles, prudential banking practices, and mandatory for all BSI employees. This training
applicable regulations. aims to enable employees to understand
the types and factors of risk and the risk
BSI applies risk management as a fundamental management techniques applicable at
management discipline that goes beyond the Bank, covering the processes of risk
regulatory compliance. Amid an increasingly identification, measurement, monitoring, and
dynamic external environment and the continuous control, as well as how to communicate them.
development of products and services, effective In 2025, this training was attended by 16,043
risk management reflects the Bank’s prudent employees, with a passing rate of 99.92%.
approach in safeguarding business resilience,
maintaining sound decision-making, and aligning 2. Risk Management Certification (SMR)
risk exposure with the Bank’s risk appetite, strategic A mandatory certification to fulfill the
objectives, and Sharia compliance commitments. requirements of OJK Circular Letter No. 28/
SEOJK.03/2022 concerning Risk Management
The implementation of effective risk management Certification for Human Resources of
is intended to protect the Bank and its affiliated Commercial Banks. The Bank is required to
entities from potential adverse impacts arising carry out alignment and equalization of SMR
from changes in the business environment that ownership in accordance with the Indonesian
may result in financial or non-financial losses. At the National Qualification Framework (KKNI) for
same time, risk management functions as a value- Risk Management, namely from level 1, 2, 3, 4,
creation enabler by strengthening institutional and 5 schemes adjusted to qualification level
resilience, enhancing stakeholder confidence, and schemes 4, 5, 6, and 7. In 2025, SMR was carried
supporting sustainable performance in line with out for a total of 5,082 employees, consisting of:
the objectives of Sharia banking. a. Certification for 1,854 employees.
b. Recertification (renewal) for 444 employees.
The Bank’s risk management framework c. Refreshment (maintenance) for 2,784
comprises a series of methodologies and employees.
procedures to identify, measure, monitor, and
control risks arising from all banking activities.
BSI regularly evaluates the effectiveness of its
risk management framework and continuously
promotes risk awareness throughout the
organization. This includes strengthening risk
culture and ensuring effective oversight by the
Board of Directors, the Board of Commissioners,
and the Sharia Supervisory Board, to ensure
consistent implementation of sound risk
management and Sharia governance.
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RISK MANAGEMENT
RISK MANAGEMENT LEGAL 13. POJK No. 65/POJK.03/2016 dated December
REFERENCES 23, 2016 on the Implementation of Risk
Management for Sharia Commercial Banks
In implementing risk management, BSI referred and Sharia Business Units.
to regulatory provisions and applicable laws and 14. SEOJK No. 21/SEOJK.03/2017 dated June 6, 2017
regulations, among others: on the Implementation of Risk Management
in the Use of Information Technology by
1. Law No. 19 of 2003 concerning State-Owned Commercial Banks.
Enterprises, as amended several times, most 15. SEOJK No. 12/SEOJK.03/2018 dated August
recently by Law No. 16 of 2025 concerning 21, 2018 on the Implementation of Risk
the Fourth Amendment to Law No. 19 of Management and Measurement of Standard
2003 concerning State-Owned Enterprises, Approaches for IRRBB for Commercial Banks.
including all its amendments. 16. SEOJK No. 6/SEOJK.03/2020 dated April 29,
2. Law No. 21 of 2008 concerning Sharia Banking, 2020 on Calculation of ATMR for Operations
including all its amendments. Using the Standard Approach for Commercial
3. Law No. 4 of 2023 concerning the Development Banks.
and Strengthening of the Financial Services 17. POJK No. 37/POJK.03/2019 dated December 19,
Sector (“P2SK Law”), including all its 2019 on Transparency and Publication of Bank
amendments. Reports.
4. Law of the Republic of Indonesia No. 9 of 2016 18. Bank Indonesia Regulation No. 23/17/PBI/2021
concerning the Prevention and Handling dated December 17, 2021 on the Third
of Financial System Crises, including all its Amendment to Bank Indonesia Regulation
amendments. No. 20/4/PBI/2018 on the Macroprudential
5. POJK No. 2 of 2024 on Sharia Governance Intermediation Ratio and Macroprudential
Practices for Sharia Commercial Banks and Liquidity Buffer for Conventional Commercial
Sharia Business Units Banks, Sharia Commercial Banks and Sharia
6. POJK No. 8/POJK.03/2014 concerning the Business Units.
Assessment of the Soundness Level of Sharia 19. POJK No. 14/ POJK.03/2017 dated April 7, 2017
Commercial Banks and Sharia Business Units. on Action Plan (Recovery Plan) for Systemic
7. POJK No. 17/POJK.03/2014 dated November 18, Banks.
2014 on the Implementation of Integrated Risk 20. POJK No. 11/POJK.03/2019 dated March 28,
Management for Financial Conglomerates. 2019 on the Principle of Prudence in Asset
8. POJK No. 21/POJK.03/2014 dated November 18 Securitization Activities for Commercial Banks.
2014 on Minimum Capital Requirements for 21. POJK No. 15/2024 dated October 9, 2024
Sharia Commercial Banks. concerning the Integrity of Bank Financial
9. SEOJK No. 10/SEOJK.03/2014 dated June 11, Reporting.
2014 on Assessment of the Soundness Level of 22. SEOJK No. 34/SEOJK.03/2016 on the
Sharia Commercial Banks and Sharia Business Implementation of Commercial Bank Risk
Units. Management.
10. SEOJK No. 34/SEOJK.03/2015 dated December 23. SEOJK No. 29/SEOJK.03/2022 on the Resilience
21, 2015 on Calculation of Risk-Weighted Assets and Cyber Security of Commercial Banks.
for Credit Risk Using the Standard Approach 24. SEOJK No. 25/SEOJK.03/2023 on the
for Sharia Commercial Banks Implementation of Risk Management for
11. SEOJK No. 35/SEOJK.03/2015 dated December Sharia Commercial Banks and Sharia Business
21 2015 on Calculation of Risk-Weighted Assets Units.
for Market Risk Using Standard Methods for 25. Fatwas issued by the National Sharia Council;
Sharia Commercial Banks. 26. Articles of Association of the Bank and its
12. POJK No. 11/POJK.03/2022 dated July 7, 2022 amendments;
on the Financial Services Authority Regulation 27. Bank Internal Control System Policies and its
on the Provision of Information Technology by amendments.
Commercial Banks.
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RISK MANAGEMENT
BASIS FOR FORMULATION
The implementation of effective risk management
The formulation of the Risk Management Policy at requires the establishment of a strong and
Bank Syariah Indonesia is based on the following: consistent risk culture and risk awareness across
all lines of the organization. To ensure that Risk
1. Quran and Hadith management, particularly risk management,
a. QS: As-Saff 61:4 “Indeed, Allah loves those can be carried out proactively and sustainably,
who fight in His cause in a row as though BSI continues to encourage various initiatives to
they are a single structure joined firmly.” enhance risk awareness among all employees.
b. QS: Yusuf 12:67 And Jacob said: “O my
sons, do not enter from one gate but enter As a form of this commitment, BSI has developed
from different gates; and I cannot avail a number of flagship programs focused on
you against [the decree of] Allah at all. The education, internalization of prudential values,
decision is only for Allah; upon Him I have and strengthening risk competencies, including
relied, and upon Him let those who would through Operational Risk Awareness (OPERA),
rely [indeed] rely.” including Fraud Awareness, IT Security Awareness
c. QS: Yusuf 12:46-49 When the servant met – Cyber Security Awareness, Compliance
Joseph, he exclaimed, “Joseph, O man of Awareness, Legal Risk Awareness, and Business
truth, explain to us about seven fat cows Continuity Awareness.
eaten by seven lean ones, and seven green
spikes of grain and others [that were] dry, These programs are designed to deepen
that I may return to the people; perhaps they employees’ understanding and improve the
will know [about you].” Joseph said: “You quality of risk management at all levels of the
will plant for seven years consecutively; and organization. All of these awareness enhancement
what you harvest leave in its spikes, except a initiatives are implemented periodically and in
little from which you will eat. Then will come an integrated manner at the head office and
after that seven difficult [years] which will throughout BSI’s entire network.
consume what you saved for them, except
a little from which you will store. Then will
come after that a year in which the people
will be given rain and in which they will
press [olives and grapes].”
d. Al-Hadith (Dailami) “Indeed, Allah loves a
servant who, when performing a task, does
it carefully.”
e. Al-Hadith (Baihaqi) “Caution is from Allah,
and recklessness is from Satan.”
f. Al-Hadith (Ahmad, Tirmidhi, Nasa’i, and
Damiry) “Leave what makes you doubt for
what does not make you doubt. Truth brings
tranquility, and falsehood brings doubt.”
BUILDING RISK AWARENESS CULTURE
In addition, the Bank continues to strengthen
a sustainable risk culture through continuous
learning and by increasing risk awareness across
all levels of the organization through various
programs, including Operational Risk Awareness
(OPERA), Cyber Risk Awareness, Fraud Awareness,
Compliance Awareness, and Business Continuity
Awareness.
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RISK MANAGEMENT
No. Risk Awareness Program Frequency Target Audience
Forum
Broadcast/forum/live webinar/workshop conducted via live
streaming discussing issues/trends related to risk and its
1. mitigation Monthly All employees
•• Legal Risk – NGOPIH Webinar / Ngobrol Pemahaman Ilmu
Hukum (NGOPIH)
•• Market Talk
Quiz
A brief evaluation designed to measure employees’ level of
2. understanding of risk awareness materials Monthly All employees
•• IT Security Awareness Quiz
•• IQRA program (Internal Quiz Regulation Awareness)
Podcast
A video-based learning medium presented in an engaging
manner and easily accessible to all employees through light
conversation, thematic explanations, and storytelling. Podcasts
3. Monthly All employees
enable awareness materials to be delivered in a more flexible,
engaging, and easy-to-understand.
•• CERPEN (Consumer Protection Story)
•• Thematic podcast
Survey
Survey/checklist containing short questions for employees
through Microsoft Forms
4. Thematic All employees
•• Risk Maturity Index
•• Compliance Maturity Index
•• Behavior Maturity Index
Employees in
Risk Management Certification
accordance
•• Employee Certification
5. Thematic with Kerangka
•• Recertification
Kualifikasi Nasional
•• Refreshment
Indonesia (KKNI)
Infographics
•• Operational Risk Awareness (OPERA)
6. Thematic All employees
•• IT Risk Awareness
•• Desktop Wallpaper
Newsletter
7. •• IT Security Awareness Thematic All employees
•• Monthly Regulation Update
Thematic, based
E-learning Learning materials for employees, including materials
8. Thematic on the learning
and a mandatory post-test to be completed.
materials
Through various risk awareness programs, employees gain a clearer understanding of the importance of
risk management. This increased understanding helps ensure that risk management practices can be
implemented more optimally, effectively, and efficiently across all work areas.
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RISK MANAGEMENT SYSTEM
In implementing the risk management system, the Bank refers to 4 (four) pillars of risk management
implementation, namely:
STRONG RISK MANAGEMENT
Active Supervision of the Risk Management Policies Adequacy of Risk
Board of Commissioners, Management Process Comprehensive Internal
and Procedures and Risk Control System
Board of Directors and Limit Determination & Risk Management
Sharia Supervisory Board Information System
•• Risk management •• Risk management •• Risk identification, •• Effectiveness of internal
policies & strategies methodology and measurement & control over business
•• Risk Appetite & Risk procedures monitoring operations and risk
•• Tolerance •• Risk Limit •• Reporting & MIS management
•• Risk Culture •• Organization •• Risk Analytics •• Review the implementation
of risk management
Covering 10 Risks Faced by Islamic Commercial Banks
ACTIVE OVERSIGHT BY THE BOARD At the executive level, the Board of Directors
OF COMMISSIONERS, BOARD ensures active oversight with a high degree of
OF DIRECTORS, AND SHARIA intensity through various strategic committees,
SUPERVISORY BOARD including the Risk Management Committee, ALCO
Committee, IT Steering Committee, Business
As part of its commitment to implementing strong Committee, Policy & Procedure Committee,
governance, the Board of Commissioners, Board of Human Capital Committee, and Steering Steering
Directors, and Sharia Supervisory Board jointly play Committee Crisis Management - Business
an important role in ensuring the effectiveness Continuity Management. Internal coordination
of risk management implementation at BSI. The is also reinforced through routine forums such
active oversight of the Board of Commissioners, as Board of Directors Meetings and Directors-in-
Board of Directors, and Sharia Supervisory Charge Meetings. In parallel, the Sharia Supervisory
Board is carried out comprehensively over all Board performs periodic sharia oversight through
risks faced by the Bank, including country risk, meetings with executive management and
cyber risk, and climate risk, through monitoring, maintains constructive communication with
providing strategic direction, and conducting both the Board of Commissioners and the Board
periodic evaluations of the effectiveness of the risk of Directors to ensure alignment between sharia
management framework. compliance and risk management practices.
The Board of Commissioners carries out its Through this integrated oversight framework,
oversight function on an ongoing basis through the Board of Commissioners, the Board of
the Risk Oversight Committee, Integrated Directors, and the Sharia Supervisory Board work
Governance Committee, and Audit Committee. in close synergy to ensure that risk management
This oversight is further strengthened through implementation at BSI is carried out optimally,
structured coordination with the Board of consistently, and in alignment with prudential
Directors and executive management, including principles and sharia values.
Meeting of the Board of Commissioners, Board of
Directors, and Sharia Supervisory Board.
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6. A clearly defined organizational structure that
RISK MANAGEMENT POLICIES AND
sets out the roles and responsibilities of the
PROCEDURES AND RISK LIMIT
Board of Directors, Board of Commissioners,
SETTING
Sharia Supervisory Board, committees, the Risk
Management Unit, operational units, Internal
BSI establishes risk management policies aligned
Audit, and other supporting units.
with the Bank’s vision, mission, and strategic plan.
7. The establishment of an internal control system
These policies are complemented by procedures
in the implementation of risk management to
and implementation guidelines governing
ensure compliance with laws and regulations,
transaction and activity limits, as well as product
applicable provisions, sharia principles, and
and portfolio limits across the Bank.
internal policies; operational effectiveness and
efficiency; the effectiveness of risk culture
Risk Management Policy
across all organizational levels; and the
Risk management policies and procedures are
availability of complete, accurate, up-to-date,
formulated and implemented by taking into
comprehensive, and timely risk management
account the nature, scale, and complexity of the
information.
Bank’s activities, its risk-taking level, risk tolerance,
8. The formulation of business continuity
and risk profile. These policies are aligned with
management policies to address potential
applicable laws and regulations, sharia principles,
severe internal and external conditions,
and sound banking practices. Key provisions in the
ensuring the continuity of the Bank’s
implementation of risk management include:
operations, including disaster recovery plans
and contingency plans.
1. The determination of risks associated with
business activities is based on the Bank’s
Procedures and Risk Limit Setting
analysis of inherent risks embedded in each
To ensure risk exposures remain well controlled,
activity, in line with the characteristics, scale,
BSI establishes adequate policies and procedures
and complexity of the business.
as a common reference for all business and
2. The establishment of methods for risk
operational units. These include clearly defined
identification, measurement, monitoring,
risk limits designed to mitigate potential losses
and control, as well as risk management
and safeguard the Bank’s overall stability, with risk
information systems, to accurately assess risk
management embedded across all activities.
exposures arising from each business activity.
3. The determination of data to be reported,
To manage risks arising from both internal and
reporting formats, and types of information
external factors, BSI implements a Risk Appetite
to be included in risk management reports,
Statement (RAS) and risk limits. The RAS serves
ensuring that reported information reflects
as a guiding framework to accept, monitor,
relevant risk exposures considered in business
avoid, or optimize risks associated with business
decision-making, while upholding prudential
opportunities, enabling the Bank to pursue its
principles and sharia compliance.
targets dynamically while maintaining risks within
4. The setting of authority levels and tiered
manageable levels.
risk limits, including transaction thresholds
requiring Board of Directors’ approval, as
Risk limits are determined in line with the Bank’s
well as the establishment of risk tolerance
risk-taking capacity, risk tolerance, and overall
representing the maximum potential losses
business strategy, taking into account capital
that can be absorbed by the Bank’s capital,
adequacy to absorb potential losses, historical
supported by monitoring tools to track the
loss experience, human capital capability, and
development of risk exposures.
compliance with applicable regulations and sharia
5. The determination of risk profile ratings as
principles.
a basis for identifying corrective actions for
specific business activities and for evaluating
the effectiveness of risk management policies
and strategies.
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Risk limit procedures and determination cover: response to business or external changes.
1. Clear accountability and tiered delegation of The Bank adjusts measurement systems for
authority. material changes, applies required regulatory
2. Adequate documentation of procedures and reporting standards, conducts independent
limits to support periodic reviews and audit model validation, evaluates measurement
trails. systems regularly, and performs periodic stress
3. Regular reviews of procedures and limits at testing. Stress testing results are reviewed and
least once a year, or as needed, based on risk used as input for setting or revising risk policies
characteristics and business developments. and limits.
4. Comprehensive limit setting, covering the
overall risk limit, limits by risk type, and limits 3. Risk Monitoring
by the Bank’s functional activities, including The Bank monitors and evaluates material
risk limits by region/counterparty country. risk exposures and their impact on capital
through structured monitoring and reporting.
Proposed risk limits are submitted by the relevant Monitoring systems cover risk exposure levels,
operational units and subsequently reviewed by risk tolerance, compliance with internal limits,
the Risk Management Unit before approval by the stress testing results, and consistency with
Board of Directors through the Risk Management established policies and procedures. Reporting
Committee. processes are adjusted for material changes,
supported by effective backup systems that
are periodically tested. Each work unit is
RISK MANAGEMENT PROCESS responsible for monitoring risk exposures
ADEQUACY within its scope.
BSI implements a comprehensive risk 4. Risk Control
management process covering risk identification, The Bank implements adequate risk control
measurement, monitoring, and control, supported systems aligned with approved policies and
by an adequate risk management information procedures. Risk control measures are applied
system. The Bank manages all risks related to in accordance with the level of exposure, risk
its business activities in an integrated manner appetite, risk tolerance, and sharia principles.
in accordance with regulatory requirements,
including credit, operational, liquidity, market, 5. Risk Management Information System
legal, compliance, reputational, strategic, rate of The Bank develops a risk management
return, and investment risks. information system that provides information
on overall and risk-specific exposures e,
1. Risk Identification compliance with policies, procedures,
The Bank identifies inherent risks across all and limits, as well as the realization of risk
activities, including emerging risks and sharia management implementation compared with
risk. Risk identification covers all products and established targets.
business activities and is conducted periodically
using established methods and systems. For
new products and activities, risk identification
ensures that adequate risk management has
been applied prior to launch.
2. Risk Measurement
Risk measurement is conducted periodically
for products, portfolios, and all business
activities, using quantitative and qualitative
methods in line with regulatory models or
those developed by the Bank. Assumptions,
data sources, procedures, and systems are
reviewed at least quarterly or as needed in
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COMPREHENSIVE INTERNAL CONTROL with prudential principles. Risk management
SYSTEM covers the following risks:
1. Credit Risk
BSI establishes a comprehensive internal control 2. Market Risk
system in accordance with approved policies and 3. Liquidity Risk
procedures. The Bank applies the principles of 4. Operational Risk
segregation of duties and dual control across all 5. Legal Risk
operational activities. 6. Compliance Risk
7. Reputational Risk
The internal control system in the implementation 8. Strategic Risk
of risk management includes: 9. Investment Risk
1. Alignment of internal control systems with the 10. Return Risk
nature and level of risks inherent in the Bank’s
business activities.
2. Clear authority and responsibility for monitoring CREDIT RISK AND INVESTMENT RISK
compliance with policies, procedures, and
limits. Credit risk and investment risk may arise from
3. Clear reporting lines and segregation of various Bank business activities, including fund
duties between operational units and control provision, securities, acceptances, interbank
functions. transactions, trade financing, foreign exchange
4. An organizational structure that clearly defines transactions, and commitment and contingency
the roles and responsibilities of each unit and obligations. Credit risk may also result from the
individual. concentration of fund provision to a single debtor
5. Accurate and timely financial and operational or group of debtors, geographic areas, products,
reporting. types of financing, or specific business sectors.
6. Adequate procedures to ensure compliance
with applicable laws and regulations, sharia In managing these risks, BSI has established
principles, and internal policies. a credit and investment risk management
7. Independent reviews of the Bank’s policies, organizational structure to ensure financing
frameworks, and operational procedures. activities are conducted in accordance with
8. Testing and periodic review of management prudential principles. The Bank applies three
information systems. organizational pillars in the financing process:
9. Proper documentation of operational •• First pillar: Business units in charge of business
procedures, audit findings, and the Bank’s initiation.
responses to audit results. •• Second pillar: Risk assessment units in charge
10. Ongoing verification and periodic review of of analyzing financing risk.
the handling of identified weaknesses and •• Third pillar: Financing operation units in
corrective actions taken by the Bank. charge of ensuring independent financing
disbursement processes.
Periodic reviews and evaluations are conducted at
least annually by the Risk Management Unit and In addition, the Bank has established a recovery
Internal Audit Unit. The frequency of reviews may unit responsible for handling non-performing
be increased in line with changes in risk exposure, financing. This unit operates independently from
market conditions, and risk measurement and the business units and risk assessment units that
management methods. originate financing.
The Bank formulates financing policies and
RISK PROFILE AND ITS MANAGEMENT procedures to support sound financing
management in line with prudential principles and
BSI has established measures to manage various sharia principles. These policies and procedures
risks that may arise from the Bank’s business include the Risk Management Policy, Financing
activities. The risk management system is Policy, Financing Business Standard Procedures,
developed to support business processes in line Portfolio Guideline Business Standard Procedures,
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Product Manuals, and Operational Technical The system also included portfolio alerts to
Guidelines for each financing segment. monitor the performance of the financing
portfolio and ensure alignment with the risk
The Bank also establishes internal limits such as limits established by the Bank internally as well
in-house Legal Lending Limits (LLL), credit lines, as by the regulator.
financing approval authority, industry sector d. Development of Rescue Tools
portfolios, and investment portfolio limits for The Bank develops rescue tools to monitor
securities. At the transactional level, the Bank sets actions taken on non-performing financing,
approval authority limits for financing, including aimed at minimizing potential losses and
investments in securities. The Bank establishes recovering financing extended to customers
procedures for determining credit risk limits in with viable business prospects, performance,
accordance with its risk appetite and risk tolerance. repayment capacity, and good faith.
e. Stress Testing
More specifically, the Bank manages credit risk The Bank conducts periodic and ad hoc
through the following measures: stress testing on extreme yet plausible
a. Financing Expansion Direction conditions to anticipate adverse impacts from
Financing expansion refers to the Portfolio external changes, including macroeconomic
Guideline, which includes: developments that may affect financing
1) Industry Class performance.
The Bank manages financing risk by defining f. Determination of Financing Tenor
target industry sector classifications. The Bank determines financing tenors by
Industry classes are grouped into four considering the type of financing, rate of return,
categories: attractive, neutral, selective, liquidity, and potential risks.
and watchlist. of the 92 classified industry g. Evaluation of Risk Limit Adequacy
sectors, financing is directed to sectors The Bank regularly reviews and evaluates the
categorized as attractive and neutral. adequacy of risk limits to ensure alignment
2) Industry Limit with operational needs and regulatory
To manage portfolio concentration risk, the requirements including counterparty risk limit
Bank sets financing portfolio limits for each per region/country.
industry sector based on the respective h. Internal Control System
industry class criteria. The Bank establishes an internal control
3) Industry Acceptance Criteria system integrated into financing systems
The Bank establishes Industry Acceptance and procedures to ensure effective risk
Criteria as an initial process to determine management.
target prospective customers within an
industry sector, based on critical quantitative To integrate data in credit risk management, the
and qualitative factors of each sector. These Bank operates a Management Information System
qualitative criteria include five main aspects, (MIS) that provides credit risk management data.
namely: management, technical, financial, The Bank reports credit risk exposure on a regular
marketing, and legal aspects. basis for both internal and external purposes.
b. Determination of Customer Acquisition and
Risk Measurement Methods
The Bank applies acquisition methods through
the originating system, Risk Acceptance
Criteria, retail financing scoring, and financing
risk ratings for SME financing above Rp1.5
billion and wholesale financing.
c. Early Warning System
The Bank used supporting tools such as
watchlist tools, both general and sectoral
watchlists, to detect customer conditions
at an early stage. This enabled the Bank to
determine account strategies, including
collection, recovery, or restructuring activities.
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MARKET RISK b. Risk Measurement
Risk measurement is carried out using two
BSI is exposed to market risk arising from treasury methods, namely the Standard method
and investment activities, including securities, and an internal method, Value at Risk (VaR).
money market instruments, foreign exchange VaR represents the maximum potential loss
(forex), and gold products due to gold inventory resulting from movements in securities yields
holdings. Market risk management aims to under normal market conditions.
minimize the adverse impact of market variable c. Risk Exposure Monitoring
movements on the Bank’s portfolio. Risk exposure is monitored on a daily, weekly,
and monthly basis through the Bank’s treasury
BSI applies the segregation of duties principle by system.
separating front office, middle office, and back- d. Risk Control
office functions in securities and forex transactions: Risk control is implemented through the
a. Front Office establishment of trading limits for securities. In
Business units or the treasury unit perform the the event of unrealized losses due to declines
front office function as transaction executors, in market prices of securities, the Bank may
serving as the first line of defense and directly execute sales or cut-loss actions in accordance
conducting treasury transactions. with established mechanisms to avoid greater
b. Middle Office losses. Market pricing of trading securities is
The risk management unit performs the conducted daily using prices from independent
second line of defense, responsible for sources.
reviewing risk limits, measuring risk, and
monitoring market risk exposure. Exchange Rate Risk
c. Back Office BSI manages exchange rate risk through the
Operational units perform the back- following measures:
office function by carrying out transaction 1. Risk Identification
settlement and recording. Risk identification is conducted on the Bank’s
products and activities to identify the existence
BSI also establishes policies, procedures, and and sources of foreign exchange risk, with the
limits as guidelines for market risk management, objective of controlling and minimizing such
including the Risk Management Policy, Treasury risk.
Policy, Treasury and International Banking 2. Risk Measurement
Business Standard Procedures, Asset and Liability Risk measurement is performed using
PTO, Market Liquidity Risk Tools PTO, and other the Value at Risk (VaR) tool. The Bank also
market risk management provisions. maintains its Net Open Position (NOP) within
the established limits.
Interest Rate Benchmark Risk
In managing interest rate benchmark risk, BSI
undertakes the following measures:
a. Risk Identification
Identification is conducted on the Bank’s
products and activities to identify the existence
and sources of interest rate benchmark risk.
The objective is to control and minimize risk.
The identification results are also used to
provide recommendations to business units
and management.
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3. Risk Exposure Monitoring b. Banking Book
Risk exposure is monitored on a daily, weekly, Market risk in the banking book refers to the
and monthly basis through the Bank’s treasury risk of declining profitability and economic
system. value of capital resulting from changes in
4. Risk Control market yield levels and foreign exchange rates.
Risk control is carried out through the Market risk management for the banking book
establishment of limits and the balancing of is carried out through periodic reviews of asset
foreign exchange positions (squaring position). and liability pricing to ensure optimal returns.
BSI manages gold price movement risk through
the following measures: LIQUIDITY RISK
1. Risk Identification
Risk identification is conducted on the Bullion BSI manages liquidity risk to ensure sufficient fund
products and activities and gold related availability to meet the Bank’s obligations. Liquidity
business and activities risk may arise from financing activities, treasury
2. Risk Measurement and investment operations, as well as funding
Risk measurement is conducted using the activities and the issuance of securities. Liquidity
Value at Risk (VaR) tool. The Bank also maintains risk is categorized into two main categories:
its gold stock within limits.
3. Risk Exposure Monitoring a. Funding Liquidity Risk
Risk exposure is monitored on a daily basis. This risk arises when the Bank is unable to
4. Risk control liquidate its assets or obtain funding from other
Risk control is carried out through the sources. The inability to generate sufficient
establishment of limits and selling (squaring cash flows, which may lead to liquidity risk, can
position) gold to counterparty result from:
1) The inability to generate cash flows from
The Bank also conducts stress testing to assess its earning assets, including the sale of liquid
resilience in facing crisis conditions and to prepare assets.
the necessary strategies should a crisis occur. On 2) The inability to generate cash flows from
a regular basis, the Bank performs market risk fund mobilization, interbank transactions,
stress testing including gold to evaluate its ability and borrowings.
to withstand changes in economic indicators. b. Market Liquidity Risk
This risk occurs when the Bank is unable to
In developing its Risk Management Information close certain positions at prevailing market
System, BSI operates a Treasury Core System that prices due to insufficient market liquidity or
provides data for market risk measurement. The market disruptions.
Bank routinely reports market risk management
exposure to both internal and external parties. In managing liquidity risk, BSI applies the
segregation of duties principle, as follows:
Management of Trading Book and Banking a. Front Office: Treasury unit as the transaction
Book Portfolios and Valuation Methodology executor.
a. Trading Book b. Middle Office: Risk management unit tasked
The trading book portfolio is managed in with conducting limit reviews and risk
accordance with established limits and measurements.
regulatory requirements. The Bank performs c. Back Office: Operational unit tasked with
daily mark-to-market valuation of trading conducting settlement and transaction
instrument using market prices obtained from bookkeeping.
independent sources, such as the Indonesia
Securities Pricing Agency, Bloomberg, or
Reuters.
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BSI establishes policies, procedures, and limits Bank Indonesia lending facilities.
as guidelines for liquidity risk management, i. Monitoring External Indicators
including the Risk Management Policy, Treasury The Bank monitors movements in external
Policy, Treasury and International Banking indicators, including the USD/IDR exchange
Business Standard Procedures, Asset and Liability rate, government securities yields, market
PTO, Market and Liquidity Risk Tools PTO, and yield levels, gold prices, and current market
determines the following liquidity indicators/ information.
limits:
•• Minimum Reserve Requirement (GWM) BSI operates a Management Information System
•• Safety Level (MIS) that provides data and information for
•• Core Depositors liquidity risk measurement. The Bank periodically
•• Net Stable Funding Ratio (NSFR) reports liquidity risk exposure to both internal and
•• Liquidity Coverage Ratio (LCR) external parties.
•• Liquid Assets to Non-Core Deposits (AL-NCD)
•• Liquid Assets to Third Party Funds (AL-DPK)
OPERATIONAL RISK
BSI manages liquidity risk through the following
measures: The Bank is exposed to operational risk arising from
a. Liquidity Risk Identification inadequate and/or failed internal processes, human
Identification is conducted on the Bank’s errors, system failures, and/or external events that
products and activities to detect potential affect the Bank’s operations. Operational risk may
liquidity risk. occur across all Bank activities; therefore, Bank
b. Placement of Funds in High-Quality Liquid Syariah Indonesia implements a comprehensive
Assets operational risk management framework across
The Bank places funds in high-quality liquid the organization, covering all business lines,
assets as liquidity reserves. including first-line, second-line, and third-line
c. Liquidity Ratios Measurement units.
The Bank measures liquidity ratios, including
cash flow projections, liquidity gap, LCR, NSFR The Bank also has an oversight body responsible
NSFR and other liquidity ratios. for ensuring the implementation of operational
d. Maintaining Access to the Sharia Interbank risk management within work units, namely the
Money Market Senior Operational Risk Head (SORH), which
The Bank ensures access to the sharia interbank coordinates the Decentralized Compliance &
money market to support liquidity. Operational Risk (DCOR) function at the Head
e. Liquidity Risk Stress Testing Office and the Regional Business Control (RBC)
The Bank conducts liquidity risk stress tests function across the network.
periodically to assess the adequacy of liquidity
in facing changes in economic indicators, a. Segregation of Functions and Responsibilities
including the preparation of a recovery plan. The Bank implemented the principle of
f. Determination of Liquidity Risk Limits segregation of duties through the separation
The Bank sets liquidity risk limits in accordance of maker, checker, and approver/authorizer
with internal conditions and applicable functions, as well as dual control mechanisms
regulatory requirements. in every transaction, authorization, system
g. Liquidity Ratio Monitoring access authority limitations, enhancement of
The Bank regularly monitors liquidity ratios to employee competencies, and implementation
ensure compliance with established limits. of internal audits.
h. Establishment of Early Warning Indicators and
Liquidity Contingency Plan (LCP) b. Operational Risk Management Strategy
The Bank establishes early warning indicators The Bank establishes strategies to manage
and a Liquidity Contingency Plan (LCP) through activities with significant operational risk
mechanisms such as the use of money market exposure. Operational risk management
instruments, sale of securities, adjustment of policies are embedded in the Bank’s business
profit-sharing ratios on funds, and utilization of
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processes and supporting activities. Derivative Event Database (LED). The Bank also develops
procedures include general operational a database of losses arising from operational
controls applicable across all business risk and other operational issues that may
lines and supporting activities, as well as result in future losses.
specific operational controls tailored to the
characteristics of each business line and d. Operational Risk Mitigation
supporting activity. To mitigate operational risk, the Bank
implements measures including information
In addition, the Bank establishes other policies technology process safeguards, insurance
as guidelines, including Business Continuity coverage, and outsourcing for certain
Management (BCM) to ensure operational operational activities. The implementation of
continuity in the event of disasters; Anti- adequate control principles in every operational
Money Laundering (AML), Counter-Terrorism activity of the Bank, such as dual control, dual
Financing (CTF), and Counter-Proliferation custody, segregation of duties, authorization
Financing of Weapons of Mass Destruction limits, and proofing and reconciliation, formed
(CPF-WMD) policies for the implementation part of the Bank’s efforts to mitigate operational
of Customer Due Diligence (CDD) and risk.
Enhanced Due Diligence (EDD); anti-fraud
risk management policy as a guideline for the The Bank periodically reviews procedures,
implementation of anti-fraud, provisions on documentation, data processing systems,
risk management for cooperation with other contingency plans, and other operational practices.
parties, as well as the risk management policy, The Bank establishes operational transaction
information technology policy, and the Internal limits to uphold prudential principles without
Control Over Financial Reporting (ICOFR) policy hindering operational effectiveness. Operational
as guidelines for internal control in the Bank’s risk limit evaluations are conducted periodically,
financial processes. covering Head Office, Regional, Area, and Branch
Operational Transaction Limits; Electronic Channel
The Bank has established policies related to Transaction Limits (Internet Banking, ATM, and
efforts to protect customers’ personal data Mobile Banking); Procurement Limits; Custodian
in the context of implementing Law No. 27 Limits; and Bulk Transaction Limits.
of 2022 concerning Personal Data Protection
(PDP Law). Business Continuity Management (BCM)
BSI implements Business Continuity Management
The Bank evaluated policies, standard (BCM) to ensure the continuity of the Bank’s
procedures, and technical guidelines operations in responding to emergency situations
periodically at least once a year in accordance or disasters. Since 2024, BSI has continuously
with the Bank’s needs and changes in internal undertaken various initiatives to strengthen BCM,
and external conditions.. including:
•• Updating BCM Standard Procedures, Business
c. Operational Risk Identification and Impact Analysis (BIA), and Risk Assessment
Measurement (RA).
The Bank identifies operational risks based on •• Preparing safety briefings for disaster response.
causal factors across all functional activities •• Conducting Emergency Response Plan (ERP)
and products through Risk Control Self- simulations for fire scenarios.
Assessment (RCSA), Risk Mapping, and Event •• Conducting Business Continuity Plan (BCP)
Analysis. simulations at the Head Office through the
Business Recovery Center (BRC) Fatmawati.
Operational units identify inherent operational •• Conducting Call Tree and Table Top Exercise
risks in all products and activities, including simulations at the Head Office and branch
emerging risks. Risk measurement is office network.
conducted using quantitative and qualitative •• Conducting periodic Disaster Recovery Plan
methods such as Risk Control Self-Assessment (DRP) simulations for BSI’s critical applications.
(RCSA), Key Risk Indicators (KRI), and the Loss
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•• Conducting BCM socialization for all work units Senior Operational Risk Head (SORH), who
at the Head Office and branch network. coordinated the Decentralized Compliance &
•• Standardizing the Business Continuity Operational Risk (DCOR) function at the Head
Management System (BCMS) through ISO Office and the Regional Business Control (RBC)
22301 BCMS certification. function across the network through periodic
•• Establishing a Crisis Management Team onsite reviews.
(CMT) to strengthen the BCM organizational
structure.
•• Updating the Technical Operational Guidelines LEGAL RISK
for the Disaster Recovery Plan (DRP).
•• Formulating the Criticality Methodology and Legal risk is arising from legal claims and/or
Application Recovery Strategy. weaknesses in juridical aspects. Legal risk may
•• Categorizing the criticality of all BSI applications. occur due to, among others, the absence of
•• Developing IT and non-IT incident escalation supporting laws and regulations or weaknesses in
procedures. legal agreements, such as failure to meet the legal
validity requirements of contracts or imperfect
Through these strengthening initiatives, BSI collateral binding. As an entity governed by the
ensures organizational readiness in responding laws of the Republic of Indonesia, BSI is required
to incidents and minimizing the impact on the to comply with all laws and regulations issued
Bank’s services and operations. by Bank Indonesia and/or the Financial Services
Authority (OJK) as the banking regulator in
Operational Risk Management Tools Indonesia, as well as other provisions related to the
BSI applies the following operational risk Bank’s business activities.
management tools:
a. Risk & Control Self-Assessment (RCSA) Legal risk may result in claims for material or
RCSA is used to identify, measure, monitor, immaterial losses if the Bank fails to comply with
and mitigate operational risk. It is conducted applicable laws and regulations. If such claims are
independently by each work unit and reviewed material in amount, they may directly affect the
by SORH/RBC. The RCSA process is carried Bank’s financial performance.
out end-to-end to ensure comprehensive
risk identification and early mitigation. RCSA Legal risk measurement is conducted to identify
was reported periodically by work units on a potential losses arising from legal claims,
quarterly basis. weaknesses in legal agreements, and the absence
b. Key Risk Indicator (KRI) and/or changes in regulations. The Bank uses
KRI is used for early detection of indicators legal risk measurement indicators/parameters,
that may increase operational risk exposure including:
by setting defined thresholds. KRI monitoring 1. Potential losses due to litigation claims
was reported periodically by work units on a 2. Cancellation of agreements due to weaknesses
quarterly basis. in legal binding.
c. Loss Event Database (LED) 3. Changes in laws and regulations that result in
LED is used to record operational loss events the Bank’s products and activities being non-
experienced by the Bank. Loss events are compliant with prevailing regulations.
recorded at the time of occurrence and was
reported periodically by work units on a In managing legal risk, the Bank undertakes the
quarterly basis. following actions:
d. Control Testing (CT) a. Reviewing policies and standard operating
CCT is used to assess the adequacy of procedures related to legal risk management
operational controls and to establish
continuous improvement actions. CT has been
implemented in pawn financing, micro, vehicle
consumer financing, commercial, corporate,
and branch operations business processes.
Control testing (CT) was conducted by the
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in accordance with applicable regulations. Board to ensure the Bank’s compliance with
b. Strengthening the legal organization. Sharia principles.
c. Standardizing contracts and cooperation g. Empowering Sharia Compliance functions
agreements in compliance with prevailing to review and analyze the compliance of the
regulations. Bank’s products and activities with sharia
d. Establishing litigation reserve policies. principles.
COMPLIANCE RISK REPUTATIONAL RISK
Compliance risk is arising from the Bank’s failure Reputational risk may arise from various Bank
to comply with and/or implement applicable laws business activities, including:
and regulations as well as sharia principles. In the a. Events that may damage the Bank’s reputation,
banking industry, the Bank is required to comply such as negative media coverage and customer
with regulations issued by the Government, Bank complaints.
Indonesia, the OJK, and the National Sharia Council. b. Other factors that may also harm the Bank’s
In general, compliance risk is closely related to reputation, such as a decline in the Bank’s
prevailing laws and regulations governing the performance, weaknesses in corporate
Bank, including: governance, violations of business ethics, and
a. Minimum Capital Adequacy Ratio (CAR); legal claims.
b. Quality of Earning Assets;
c. Allowance for Impairment Losses (PPA); To address this risk, the Bank establishes strategies
d. Legal Lending Limit; for all activities with significant reputational risk
e. Good Corporate Governance (GCG); and exposure. The Bank also sets communication
f. Bank Business Plan (RBB). procedures to respond to negative news or
publications and to prevent the dissemination of
Failure to comply with all laws and regulations counterproductive information. In addition, the
related to banking business activities may affect Bank establishes customer complaint handling
the Bank’s continuity. procedures and effective media utilization
strategies to respond to negative news. As a
In managing compliance risk, the Bank undertakes preventive measure, the Bank has protocols for
the following actions: reputation management during crisis situations.
a. Enhancing understanding of GCG and the These protocols include a crisis management
code of ethics. structure and standard crisis management
b. Strengthening GCG implementation and procedures.
ensuring that all financing debtors meet all
financing requirements. The Bank identifies reputational risk using
c. Preparing and submitting GCG reports to the various information sources, including mass
Financial Services Authority. media coverage, public opinion on social media,
d. Enhancing the implementation of Know Your customer complaints, and customer satisfaction
Customer (KYC), Anti-Money Laundering (AML), surveys, while also considering the potential
and Counter- Terrorism Financing (CTF). losses arising from reputational risk events. To
e. Strengthening compliance certification monitor reputational risk, the Bank applies early
implementation. warning indicators, such as the volume and scope
f. Collaborating with the Sharia Supervisory of negative publications and the frequency of
customer complaints. Each work unit is required
to report incidents within its respective unit that
may affect the Bank’s image or reputation to the
unit responsible for managing communication
with stakeholders.
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The Bank establishes mechanisms to implement The Bank also identifies and records deviations
reputational risk control measures. Reputational resulting from the implementation of business
risk control is carried out through two main strategies or business plans that are not realized or
approaches: are ineffective, particularly those with a significant
a. Prevention of events that may give rise to impact on the Bank’s capital. In addition, the
reputational risk, through: Bank records and administers experiences and
1) Follow-up and resolution of customer deviations in the implementation of strategic
complaints and legal cases that may plans. To maintain its competitive position within
increase risk exposure. the industry, the Bank periodically evaluates
2) Strengthening external and internal its performance. Strategic risk control is carried
communication to control potential out through performance reviews of business
reputational risk exposure. realization.
3) Regular communication or education to
stakeholders to build a positive reputation.
b. Restoration of the Bank’s reputation following RETURN RISK
the occurrence of reputational risk events,
covering all Bank responses aimed at Return risk arises primarily from changes in the
restoring reputation and preventing further behavior of the Bank’s third-party fund customers
deterioration. due to shifts in expectations regarding the returns
provided by the Bank. These expectation changes
may be driven by internal factors, such as a decline
STRATEGIC RISK in the Bank’s asset value, and/or external factors,
including higher returns offered by other banks.
Strategic risk may arise from various factors, Such changes may trigger fund migration from
including weaknesses in the strategic formulation the Bank to competitors. Return risk management
process, inappropriate strategy formulation, aims to minimize changes in customer behavior
inadequate management information systems, by managing return levels to remain competitive
insufficient analysis of the internal and external with the market.
environment, overly aggressive strategic
objectives, improper strategy implementation, The Bank establishes strategies for activities with
and failure to anticipate changes in the business significant return risk exposure by considering:
environment. a. Economic and market conditions and their
impact on the Bank’s return risk.
To address this risk, the Bank establishes adequate b. The Bank’s capability to generate profits in
procedures to identify and respond to changes in specific markets and its ability to identify,
the business environment. In addition, the Bank monitor, and control return risk.
sets general strategic risk limits, including limits c. The Bank’s portfolio mixes and diversification.
on deviations from established business targets,
such as: The Bank sets policies and procedures for return
•• Budget deviation limits, risk management covering asset and liability
•• Deviation limits on target timelines for management organization, asset and liability
achieving or completing strategic initiatives. composition, and risk measurement. These
include procedures to assess mismatches between
The Bank identifies strategic risk using data assets and liabilities based on repricing timing for
from regulators, mass media, and reports on financing returns and third-party funds, along
the achievement of business targets and work with the related mechanisms. The Bank also sets
unit performance. Risk analysis is conducted on limits to manage return risk consistently, including
strategies that require substantial resources and/ limits on the concentration of funding sources,
or carry high risk, such as market entry strategies instruments, market segments, or specific return
or diversification strategies in products and levels.
services.
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Return risk exposure is monitored on an ongoing basis, including potential declines in return income,
through gross revenue reports, evaluation of net return income against targets, and other relevant
management reports.
RECOVERY PLAN
A Recovery Plan is a structured plan designed to address potential financial stress that may affect Bank
Syariah Indonesia. The Bank has established a Recovery Plan that includes defined trigger levels and
Recovery Options to prevent, restore, and improve financial conditions, as well as to safeguard business
continuity in the event of financial stress.
The Recovery Plan is reviewed and updated annually. In addition to fulfilling regulatory requirements,
this ensures that the Recovery Plan remains aligned with current conditions and continues to serve as an
effective guide when the Bank encounters financial stress.
RISK ASSESSMENT
BSI conducts a self-assessment of inherent risk and the quality of risk management implementation
across its operational activities. This assessment aims to provide stakeholders with a clear view of the
Bank’s risk condition and potential losses that may arise within a given period.
Based on the assessment as of December 31, 2025, the Bank’s composite risk profile rating is 2 (two), with
an inherent risk rating of “Low to Moderate” and a risk management implementation quality rating of
“Satisfactory”.
Risk Management Composite Risk
No. Risk Profile Inherent Risk Rating
Implementation Quality Rating Rating
1. Credit Risk Low to Moderate Satisfactory 2
2. Market Risk Low Satisfactory 1
3. Liquidity Risk Low Satisfactory 1
4.. Operational Risk Moderate Satisfactory 2
5. Legal Risk Low Satisfactory 1
6. Reputational Risk Low Satisfactory 1
7. Strategic Risk Low Satisfactory 1
8. Compliance Risk Low to Moderate Satisfactory 2
9. Investment Risk Low to Moderate Satisfactory 2
10 Return Risk Low to Moderate Satisfactory 2
Composite Rating Low to Moderate Satisfactory 2
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RISK MANAGEMENT IMPLEMENTATION STATEMENT OF THE BOARD OF
EVALUATION DIRECTORS AND/OR BOARD
OF COMMISSIONERS OR AUDIT
The Bank conducts a Risk Maturity Index (RMI) COMMITTEE ON THE ADEQUACY OF
assessment, which is an index used to measure THE RISK MANAGEMENT SYSTEM
the quality level of the design and effectiveness
of Risk Management implementation in creating Based on the results of reviews, evaluations, and
and protecting the Bank’s value. The RMI discussions conducted jointly with Management,
assessment includes the process of conducting the Risk Monitoring Committee, the Audit
document reviews, surveys and post mortem Committee, Internal Audit, the External Auditor,
analysis, interviews, as well as assessment and and relevant working units, the Board of
reporting. The RMI consists of 2 aspects, namely Directors and the Board of Commissioners of BSI
the dimension aspect and the performance conclude that, throughout 2025, the Bank’s risk
aspect, where the dimension aspect consists of five management system has been implemented
different dimensions that serve as the reference in adequately. The governance structure, policies,
the RMI assessment. procedures, and risk control mechanisms in place
are considered sufficient to identify, measure,
Based on the results of the 2024 RML assessment monitor, and control risks arising from the Bank’s
conducted in 2025, the Bank was at Level 3.9 (Better business activities. The Board also believes that
Practice Phase), indicating that the Company risk management has been applied consistently
has implemented all dimensions of strong Risk in line with the Bank’s business complexity, risk
Management practices and is approaching or profile, and prevailing regulatory requirements,
aligned with the global standard practices of its thereby supporting prudent operations and
industry. sustainable business continuity.
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RISK EXPOSURES
MARKET RISK
Market Risk Statement 2024 and 2025
(In Rp million)
December 31, 2024 December 31, 2025
No. Type of Risk Bank Bank
Capital Charge RWA Capital Charge RWA
(1) (2) (3) (4) (5) (6)
1. Interest Rate Benchmark Risk 56,023 700,285 87,955 1,099,441
a. Specific Risk - - - -
b. General Risk 56,023 700,285 87,955 1,099,441
2. Foreign Exchange Risk 79,452 993,145 230,023 2,875,282
3. Equity Risk 1) - - - -
4. Commodity Risk 1) - - - -
Total 135,475 1,693,430 317,978 3,974,723
Notes:
1) For Islamic Commercial Banks (BUS) that have subsidiaries with exposure to such risk.
CREDIT RISK
NET RECEIVABLES BY REGION
Net Receivables by Region December 31, 2025
(In Rp million)
No. Portfolio Category
Sumatera Jakarta Java
(1) (2) (3) (4) (5)
1. Receivables from the Government - 109,139,449 -
2. Receivables from Public Sector Entities 2,289,836 21,983,960 670,050
Receivables from Multilateral Development Banks
3. - - -
and International Institutions
4. Receivables from Banks 76,056 4,616,065 383,023
5. Residential Mortgage Financing 7,098,310 5,258,566 36,506,676
6. Commercial Property Financing 4,195 2,340 6,708
7. Employee/Pensioner Financing 20,995,202 3,238,384 10,943,954
Receivables from Micro, Small, and Retail Portfolio
8. 31,024,606 6,273,731 32,039,949
Businesses
9. Receivables from Corporates 21,200,740 27,085,506 32,668,438
10. Past Due Receivables 564,284 116,057 603,885
11. Other Assets 4,132,970 17,066,107 3,961,616
Total 87,386,199 194,780,165 117,784,299
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December 31, 2025
Net Receivables by Region
Sulawesi Bali & Nusa Irian Jaya Outside
Kalimantan Total
& Maluku Tenggara & Papua Indonesia
(6) (7) (8) (9) (10) (11)
- - - - - 109,139,449
- - 141,042 - - 25,084,888
- - - - - -
1 14,907 - - 23 5,090,075
1,788,398 1,776,630 886,984 16,961 - 53,332,525
- - 1,560 - - 14,803
3,563,425 7,055,948 2,812,669 270,541 - 48,880,123
5,808,048 7,164,248 3,318,956 481,795 - 86,111,333
17,538,502 2,430,034 1,727,291 292,625 589,682 103,532,818
90,690 72,894 46,017 19,287 - 1,513,114
766,392 835,329 374,337 40,271 16,923 27,193,945
29,555,456 19,351,550 9,307,296 1,121,480 606,628 459,893,073
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Net Receivables by Region December 31, 2024
(In Rp million)
No. Portfolio Category
Sumatera Jakarta Java
(1) (2) (3) (4) (5)
1. Receivables from the Government - 109,664,745 -
2. Receivables from Public Sector Entities 2,280,233 13,669,641 1,124,717
Receivables from Multilateral Development
3. - - -
Banks and International Institutions
4. Receivables from Banks 60,046 3,966,453 529,010
5. Residential Mortgage Financing 6,926,650 4,985,024 33,704,441
6. Commercial Property Financing 15,888 - 9,574
7. Employee/Pensioner Financing 19,781,796 2,820,889 10,456,026
Receivables from Micro, Small, and Retail
8. 26,991,214 4,750,794 27,523,101
Portfolio Businesses
9. Receivables from Corporates 18,069,809 19,495,542 31,252,883
10. Past Due Receivables 472,922 129,275 613,660
11. Other Assets 3,852,968 11,021,567 3,256,732
Total 78,451,526 170,503,930 108,470,144
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2024
Net Receivables by Region
Sulawesi & Bali & Nusa Irian Jaya & Outside
Kalimantan Total
Maluku Tenggara Papua Indonesia
(6) (7) (8) (9) (10) (11)
- 6,000 - - - 109,670,745
- - 173,593 - - 17,248,184
- - - - - -
2 6,518 - - - 4,562,029
1,917,984 1,703,849 924,249 21,134 - 50,183,331
- - - - - 25,462
3,564,016 6,405,084 2,535,737 314,972 - 45,878,520
4,701,395 5,239,443 2,804,100 320,054 - 72,330,101
17,365,817 2,232,909 1,393,640 254,921 816,307 90,881,828
77,405 54,387 63,122 1,163 - 1,411,934
778,614 747,554 319,840 30,091 10,531 20,017,897
28,405,233 16,395,744 8,214,281 942,335 826,838 412,210,031
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NET RECEIVABLES BY REMAINING CONTRACTUAL MATURITY
Net Receivables by Remaining Contractual Maturity as of December 31, 2025
(In Rp million)
No. Portfolio Category
< 1 Year
(1) (2) (3)
1. Receivables from the Government 81,114,076
2. Receivables from Public Sector Entities 6,495,900
3. Receivables from Multilateral Development Banks and International Institutions -
4. Receivables from Banks 4,880,609
5. Residential Mortgage Financing 136,653
6. Commercial Property Financing 10,937
7. Employee/Pensioner Financing 259,051
8. Receivables from Micro, Small, and Retail Portfolio Businesses 14,258,885
9. Receivables from Corporates 13,601,099
10. Past Due Receivables 158,924
11. Other Assets 6,488,679
Jumlah 127,404,813
Net Receivables by Remaining Contractual Maturity as of December 31, 2024
(In Rp million)
No. Portfolio Category
< 1 Year
(1) (2) (3)
1. Receivables from the Government 83,132,600
2. Receivables from Public Sector Entities 7,093,643
3. Receivables from Multilateral Development Banks and International Institutions -
4. Receivables from Banks 4,366,607
5. Residential Mortgage Financing 192,311
6. Commercial Property Financing 24,925
7. Employee/Pensioner Financing 263,922
8. Receivables from Micro, Small, and Retail Portfolio Businesses 10,210,279
9. Receivables from Corporates 13,448,867
10. Past Due Receivables 169,375
11. Other Assets 4,544,744
Total 123,447,273
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December 31, 2025
Net Receivables by Remaining Contractual Maturity
> 1 Year to 3 Years > 3 Years to 5 Years > 5 Years Non-Contractual Total
(4) (5) (6) (7) (8)
13,685,581 5,693,899 8,645,893 - 109,139,449
652,338 2,182,044 15,754,606 - 25,084,888
- - - - -
67,672 84,306 47,584,973 - 5,090,075
1,728,383 3,882,516 - - 53,332,525
3,416 450 38,335,806 - 14,803
3,787,070 6,498,196 24,692,910 - 48,880,123
24,263,081 22,896,455 56,223,618 - 86,111,332
15,892,816 17,815,285 771,961 - 103,532,818
369,905 212,324 1,229,081 - 1,513,114
674,763 - 1,229,081 18,801,422 27,193,945
61,125,025 59,265,475 193,296,336 18,801,422 459,893,072
December 31, 2024
Net Receivables by Remaining Contractual Maturity
> 1 Year to 3 Years > 3 Years to 5 Years > 5 Years Non-Contractual Total
(4) (5) (6) (7) (8)
12,988,347 7,102,878 6,446,920 - 109,670,745
1,708,374 1,417,675 7,028,492 - 17,248,184
- - - - -
58,829 86,390 50,203 - 4,562,029
1,436,222 3,686,936 44,867,862 - 50,183,331
- 537 - - 25,462
2,608,664 5,643,959 37,361,975 - 45,878,520
20,301,422 20,122,278 21,696,122 - 72,330,101
12,150,297 12,185,301 53,097,363 - 90,881,828
312,207 241,017 689,335 - 1,411,934
228,204 411,502 816,158 14,017,289 20,017,897
51,792,566 50,898,473 172,054,430 14,017,289 412,210,031
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NET RECEIVABLES BY ECONOMIC SECTOR
Net Receivables by Economic Sector as of December 31, 2025
(In Rp million)
Receivables
from
No. Economic Sector
Receivables Receivables Multilateral
Receivables
from from Public Development
from Banks
Government Sector Entities Banks and
International
Institutions
(1) (2) (3) (4) (5) (6)
1. Agriculture, Hunting, and Forestry - - - -
2. Fisheries - - - -
3. Mining and Quarrying - - - -
4. Manufacturing Industry - 1,044,208 - -
5. Electricity, Gas, and Water - 4,329,310 - -
6. Construction - 4,266,908 - -
7. Wholesale and Retail Trade - 8,750,899 - -
Accommodation and Food &
8. - - - -
Beverage Provision
Transportation, Warehousing, and
9. - 2,868,069 -
Communication
10. Financial Intermediation - 3,459,252 - 5,090,075
Real Estate, Rental Business, and
11. - 711 - -
Corporate Services
Government Administration,
12. Defence, and Mandatory Social 256,126 - - -
Security
13. Education Services - - - -
14. Health Services and Social Activities - 12,528 - -
Community, Social, Cultural,
15. Entertainment, and Other Individual - - - -
Services
16. Household Services - - - -
International Institutions and Other
17. - - - -
Extra-International Institutions
18. Activities with Unclear Boundaries - - - -
19. Non-Business Sector - - - -
20. Others 108,883,323 - -
Total 109,139,449 25,084,888 - 5,090,075
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RISK EXPOSURES
December 31, 2025
Net Receivables by Economic Sector
Receivables
from Micro,
Residential Commercial Employee/ Receivables
Small, Past Due Other
Mortgage Property Pensioner from
and Retail Receivables Assets
Financing Financing Financing Corporates
Portfolio
Businesses
(7) (8) (9) (10) (11) (12) (13)
- - 6,517 5,200,715 17,352,065 63,625 -
- - 16,625 416,033 122,599 15,138 -
- - 235 9,058 3,035,298 179 -
- - - 1,736,649 8,744,382 68,918 -
- - 203 17,837 2,334,156 269 -
- 6,616 300 172,744 11,018,109 13,061 -
- 450 21,202 13,119,500 7,689,903 264,303 -
- - - 2,585,303 1,001,826 41,115 -
- - - 608,558 8,688,078 16,582 -
- - - 5,186 2,551,183 331 -
- 7,737 - 815,239 5,372,489 10,728 -
- - - - - - -
- - 2,434 227,534 4,950,675 12,263 -
- - 72 536,190 10,472,502 5,865 -
- - 15,629 3,106,018 436,120 48,098 -
- - 833 35,823 99,961 2,655 -
- - - - - - -
- - - - - - -
53,332,525 - 48,816,073 57,329,676 14,654,731 949,984 -
- - - 189,270 5,008,741 - 27,193,945
53,332,525 14,803 48,880,123 86,111,333 103,532,818 1,513,114 27,193,945
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RISK EXPOSURES
Net Receivables by Economic Sector as of December 31, 2024
(In Rp million)
Receivables
from
No, Economic Sector Receivables
Receivables Multilateral
from Public Receivables
from Development
Sector from Banks
Government Banks and
Entities
International
Institutions
(1) (2) (3) (4) (5) (6)
1. Agriculture, Hunting, and Forestry - - - -
2. Fisheries - - - -
3. Mining and Quarrying - - - -
4. Manufacturing Industry - 1,472,686 - -
5. Electricity, Gas, and Water - 4,613,129 - -
6. Construction - 4,892,368 - -
7. Wholesale and Retail Trade - 4,362 - -
Accommodation and Food & Beverage
8. - 26,642 - -
Provision
Transportation, Warehousing, and
9. - 1,998,701 - -
Communication
10. Financial Intermediation - 2,951,398 - 4,562,029
Real Estate, Rental Business, and
11. - 905 - -
Corporate Services
Government Administration, Defence,
12. - - - -
and Mandatory Social Security
13. Education Services - - - -
14. Health Services and Social Activities 6,000 16,973 - -
Community, Social, Cultural,
15. Entertainment, and Other Individual - - - -
Services
16. Household Services - - - -
International Institutions and Other
17. - - - -
Extra-International Institutions
18. Activities with Unclear Boundaries - - - -
19. Non-Business Sector - - - -
20. Others 109,664,745 1,271,020 - -
Total 109,670,745 17,248,184 - 4,562,029
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Page 595
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2024
Net Receivables by Economic Sector
Receivables
from Micro,
Residential Commercial Employee/ Receivables
Small, Past Due Other
Mortgage Property Pensioner from
and Retail Receivables Assets
Financing Financing Financing Corporates
Portfolio
Businesses
(7) (8) (9) (10) (11) (12) (13)
- - 7,173 4,947,837 18,345,784 45,618 -
- - 24,232 480,937 148,506 21,206 -
- - 274 10,753 2,012,429 814 -
- - - 2,058,593 8,719,289 69,453 -
- - 214 20,078 1,878,074 5,539 -
- 13,339 - 212,130 10,895,537 17,778 -
- 537 29,663 13,089,975 5,693,149 264,057 -
- - - 2,595,791 485,082 27,069 -
- - - 622,683 4,570,139 7,590 -
- - - 5,307 2,538,365 - -
- 11,586 - 909,563 4,342,281 26,228 -
- - - - - - -
- - 610 241,920 4,641,879 16,070 -
- - 76 605,551 8,740,039 13,192 -
- - 20,566 3,214,804 340,561 35,577 -
- - 1,156 48,432 106,679 1,333 -
- - - - - - -
- - - - - - -
50,152,924 - 45,697,824 43,017,819 11,460,151 846,539 -
30,407 - 96,732 247,928 5,963,884 13,871 20,017,897
50,183,331 25,462 45,878,520 72,330,101 90,881,828 1,411,934 20,017,897
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
RECEIVABLES AND ALLOWANCE BY REGION
Receivables and Allowance by Region as of December 31, 2025
(In Rp million)
No. Portfolio Category
Sumatera Jakarta Java
(1) (2) (3) (4) (5)
1. Receivables 89,327,716 199,009,335 123,045,452
2. Impaired Receivables
a. Not Yet Due - - -
b. Past Due 323,278 297,832 1,665,602
3. Allowance for Impairment Losses - Individual 127,771 120,322 887,276
4. Allowance for Impairment Losses - Collective 2,246,425 3,199,070 3,296,574
5. Written-off Receivables 838,032 490,372 1,150,878
Receivables and Allowance by Region as of December 31, 2024
(In Rp million)
No. Kategori Portofolio
Sumatera Jakarta Java
(1) (2) (3) (4) (5)
1. Receivables 79,382,614 175,127,526 110,713,860
2. Impaired Receivables
a. Not Yet Due - - -
b. Past Due 435,857 337,410 1,885,300
3. Allowance for Impairment Losses - Individual 136,972 122,531 917,296
4. Allowance for Impairment Losses - Collective 1,767,405 3,166,576 3,141,762
5. Written-off Receivables 673,874 369,645 701,896
LEADING THE NEW ERA OF BULLION BANK
594 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 597
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2025
Receivables and Allowance by Region
Sulawesi & Bali & Nusa Irian Jaya & Outside
Kalimantan Total
Maluku Tenggara Papua Indonesia
(6) (7) (8) (9) (10) (11)
29,801,690 19,699,697 9,430,673 1,141,747 606,628 472,062,938
- - - - - -
57,505 47,074 47,279 3,984 - 2,442,554
17,134 11,252 - - - 1,163,755
462,597 467,770 201,079 28,125 - 9,901,640
122,958 137,697 103,988 9,641 - 2,853,566
December 31, 2024
Receivables and Allowance by Region
Sulawesi & Bali & Nusa Irian Jaya & Outside
Kalimantan Total
Maluku Tenggara Papua Indonesia
(6) (7) (8) (9) (10) (11)
28,556,868 16,652,814 8,328,627 944,954 826,837 420,534,100
- - - - - -
87,820 59,899 85,283 452 - 2,892,021
12,945 1,874 - - - 1,191,618
466,470 407,436 209,914 15,106 1,388 9,176,057
119,191 122,720 62,023 674 - 2,050,023
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
RECEIVABLES AND ALLOWANCE BY ECONOMIC SECTOR
Receivables and Allowance by Economic Sector as of December 31, 2025
(In Rp million)
No. Economic Sector
Receivables
(1) (2) (3)
1. Agriculture, Hunting, and Forestry 22,997,974
2. Fisheries 612,746
3. Mining and Quarrying 3,078,531
4. Manufacturing Industry 13,148,430
5. Electricity, Gas, and Water 6,855,538
6. Construction 19,375,783
7. Wholesale and Retail Trade 31,307,608
8. Accommodation and Food & Beverage Provision 3,689,335
9. Transportation, Warehousing, and Communication 12,355,783
10. Financial Intermediation 7,035,914
11. Real Estate, Rental Business, and Corporate Services 6,325,779
12. Government Administration, Defence, and Mandatory Social Security 256,126
13. Education Services 5,271,338
14. Health Services and Social Activities 11,114,074
15. Community, Social, Cultural, Entertainment, and Other Individual Services 3,706,943
16. Household Services 149,392
17. International Institutions and Other Extra-International Institutions -
18. Activities with Unclear Boundaries -
19. Non-Business Sector 177,670,053
20. Others 147,111,591
Total 472,062,938
LEADING THE NEW ERA OF BULLION BANK
596 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 599
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2025
Receivables and Allowance by Economic Sector
Impaired Receivables
Allowance for Allowance for
Impaired Impaired Written-off
Impairment Losses - Impairment Losses -
Receivables – Not Receivables – Past Receivables
Individual Collective
Yet Due Due
(4) (5) (6) (7) (8)
- 103,967 106,430 416,547 124,778
- 24,265 - 48,117 39,493
- 658 - 22,151 1,072
- 1,277,371 970,748 641,881 311,784
- 160,422 30 231,476 12,746
- 72,731 21,201 2,663,615 21,572
- 253,343 33,739 1,267,013 441,374
- 21,427 2,775 120,362 75,986
- 46,163 5 295,811 12,585
- 21,961 124 88,162 43,333
- 39,085 10 147,029 22,303
- - - - -
- 27,420 6,351 101,090 10,864
- 8,463 10,209 155,461 8,452
- 32,976 - 139,526 59,684
- 7,364 - 10,636 4,938
- - - - -
- - - - -
- 344,936 12,133 3,469,747 1,544,862
- - 83,016 117,740
- 2,442,552 1,163,755 9,901,640 2,853,566
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
Receivables and Allowance by Economic Sector as of December 31, 2024
(In Rp million)
No. Economic Sector
Receivables
(1) (2) (3)
1. Agriculture, Hunting, and Forestry 23,556,861
2. Fisheries 721,124
3. Mining and Quarrying 2,988,549
4. Manufacturing Industry 12,766,347
5. Electricity, Gas, and Water 6,756,528
6. Construction 18,854,569
7. Wholesale and Retail Trade 19,760,092
8. Accommodation and Food & Beverage Provision 3,205,453
9. Transportation, Warehousing, and Communication 8,655,161
10. Financial Intermediation 5,806,865
11. Real Estate, Rental Business, and Corporate Services 5,299,533
12. Government Administration, Defence, and Mandatory Social Security -
13. Education Services 4,933,254
14. Health Services and Social Activities 9,405,957
15. Community, Social, Cultural, Entertainment, and Other Individual Services 3,733,202
16. Household Services 168,052
17. International Institutions and Other Extra-International Institutions -
18. Activities with Unclear Boundaries -
19. Non-Business Sector 152,126,049
20. Others 141,796,504
Total 420,534,100
DETAILS OF ALLOWANCE FOR IMPAIRMENT LOSSES MOVEMENT
Details of Allowance for Impairment Losses Movement as of 31 December 2025 and 2024
(In Rp million)
No. Description
(1) (2)
1. Beginning balance of allowance for impairment losses
2. Provision (reversal) of allowance for impairment losses during the year (Net)
2.a Provision of allowance for impairment losses during the year
2.b Reversal of allowance for impairment losses during the year
3. Allowance for impairment losses used to write off receivables during the year
4. Other provisions (reversals) during the year
Ending balance of allowance for impairment losses
LEADING THE NEW ERA OF BULLION BANK
598 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 601
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2024
Receivables and Allowance by Economic Sector
Impaired Receivables
Allowance for Allowance for
Impaired Impaired Written-off
Impairment Losses - Impairment Losses -
Receivables – Not Receivables – Past Receivables
Individual Collective
Yet Due Due
(4) (5) (6) (7) (8)
- 142,741 96,646 492,456 83,933
- 25,507 - 44,793 36,510
- 1,695 - 73,598 7,411
- 1,355,912 982,610 566,197 124,642
- 176,698 6,911 297,905 2,679
- 89,203 16,227 2,756,665 64,125
- 346,934 44,984 1,018,249 427,267
- 28,233 26,783 88,115 46,273
- 25,159 1,208 199,040 33,914
- 64,985 444 132,367 8,398
- 48,079 51 128,609 26,229
- - - - -
- 35,757 7,670 81,390 4,351
- 10,699 6,064 117,078 14,172
- 34,950 18 100,269 64,099
- 8,555
- - - - -
- - - - -
- 496,914 2,002 2,991,548 1,092,685
- - - 75,698 10,621
- 2,892,021 1,191,618 9,176,057 2,050,023
December 31, 2024 December 31, 2025
Details of Allowance for Impairment Losses Details of Allowance for Impairment Losses
Movement Movement
31 December 2025 31 December 2025
Allowance for Impairment Allowance for Impairment
Allowance for Impairment Allowance for Impairment
Losses - Individual Losses - Collective
Losses - Individual Losses - Collective
(3) (4) (5) (6)
1,271,260 8,606,782 1,191,618 9,176,057
(18,090) 2,012,756 25,313 2,426,385
5,604 801,238 12,756 846,047
(67,156) (2,259,494) (65,932) (2,559,206)
- - - 12,357
1,191,618 9,176,057 1,163,755 9,901,640
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
NET CLAIMS BY PORTFOLIO CATEGORY AND RATING SCALE
Net Claims by Portfolio Category and Rating Scale as of December 31, 2025
(In Rp million)
December 31, 2025
Net Claims by Portfolio Category and Rating Scale
Rating Agency Long-Term Rating
Standard and
AAA AA+ to AA- A+ to A- BBB+ to BBB-
Poor’s
No. Portfolio Category Fitch Rating
AAA AA+ to AA- A+ to A- BBB+ to BBB-
International
Moody’s
AAA Aa1 to Aa3 A1 to A3 Baa1 to Baa3
Investor Service
Fitch Rating AA+(idn) to AA- A+(idn) to BBB+(idn) to
AAA (idn)
Indonesia (idn) A-(idn) BBB-(idn)
Pemeringkat idBBB+ to
idAAA idAA+ to idAA- idA+ to idA-
Efek Indonesia idBBB-
(1) (2) (3) (4) (5) (6) (7)
1. Claims on Governments - - - -
Claims on Public Sector
2. 10,303,537 2,348,436 2,561,524 616,060
Entities
Claims on Multilateral
3. Development Banks and - - - -
International Institutions
4. Claims on Banks 384,113 450,000 308,333 -
Residential Mortgage
5.
Financing
Commercial Real Estate
6.
Financing
Employee/Pensioner
7.
Financing
Claims on Micro
Enterprises, Small
8.
Enterprises, and Retail
Portfolio
9. Claims on Corporates 3,409,315 589,819 8,472,725 964,141
10. Past Due Claims
11. Other Assets
Total 14,096,965 3,388,255 11,342,582 1,580,201
LEADING THE NEW ERA OF BULLION BANK
600 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 603
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2025
Net Claims by Portfolio Category and Rating Scale
Peringkat Jangka Pendek
BB+ to BB- B+ to B- Below B- A-1 A-2 A-3 Below A-3
BB+ to BB- B+ to B- Below B- F1+ s.d F1 F2 F3 Below F3
Ba1 to Ba3 B1 to B3 Below B3 P-1 P-2 P-3 Below P-3 Unrated Total
BB+(idn) to B+(idn) to Below F1+(idn) to Below
F2(idn) F3(idn)
BB-(idn) B-(idn) B-(idn) F1(idn) F3(idn)
idBB+ to Ide B+ to idA3 s.d
Below idB- idA1 idA2 Below idA4
idBB- idB- idA4
(8) (9) (10) (11) (12) (13) (14) (15) (16)
- - - - - - - 109,139,449 109,139,449 109,670,745
- - - - - - - 9,255,331 25,084,888 17,248,184
- - - - - - -
- - - - - - - 3,947,629 5,090,075 4,562,029
- - - - - - - 90,096,818 103,532,818
- - - - - - - 212,439,227 242,847,230
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
Net Claims by Portfolio Category and Rating Scale as of December 31, 2024
(In Rp million)
December 31, 2024
Net Claims by Portfolio Category and Rating Scale
Rating
Long-Term Rating
Agency
Standard BBB+ to
AAA AA+ to AA- A+ to A-
and Poor’s BBB-
Fitch Rating BBB+ to
AAA AA+ to AA- A+ to A-
No. Portfolio Category International BBB-
Moody’s
Investor AAA Aa1 to Aa3 A1 to A3 Baa1 to Baa3
Service
Fitch Rating AA+(idn) to A+(idn) to BBB+(idn) to
AAA (idn)
Indonesia AA-(idn) A-(idn) BBB-(idn)
Pemeringkat
idAA+ to idBBB+ to
Efek idAAA idA+ to idA-
idAA- idBBB-
Indonesia
(1) (2) (3) (4) (5) (6) (7)
1. Claims on Governments - - - -
Claims on Public Sector
2. 9,561,522 3,983,057 2,235,772 748,112
Entities
Claims on Multilateral
3. Development Banks and - - - -
International Institutions
4. Claims on Banks 575,469 1,168 38,718 -
Residential Mortgage
5.
Financing
Commercial Real Estate
6.
Financing
Employee/Pensioner
7.
Financing
Claims on Micro
Enterprises, Small
8.
Enterprises, and Retail
Portfolio
9. Claims on Corporates 4,174,036 219,085 7,083,663 464,336
10. Past Due Claims
11. Other Assets
Total 14,311,027 4,203,310 9,358,153 1,212,448
LEADING THE NEW ERA OF BULLION BANK
602 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 605
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2024
Net Claims by Portfolio Category and Rating Scale
Short-Term Rating
BB+ to BB- B+ to B- Below B- A-1 A-2 A-3 Below A-3
BB+ to BB- B+ to B- Below B- F1+ s.d F1 F2 F3 Below F3
Ba1 to Ba3 B1 to B3 Below B3 P-1 P-2 P-3 Below P-3
Unrated Total
BB+(idn) B+(idn) Below F1+(idn) to Below
F2(idn) F3(idn)
to BB-(idn) to B-(idn) B-(idn) F1(idn) F3(idn)
idBB+ to Ide B+ to idA3 s.d Below
Below idB- idA1 idA2
idBB- idB- idA4 idA4
(8) (9) (10) (11) (12) (13) (14) (15) (16)
- - - - - - - 109,670,745 109,670,745
- - - - - - - 719,721 17,248,184
- - - - - - -
- - - - - - - 3,946,674 4,562,029
-
- - - - - - - 78,940,708 90,881,828
- - - - - - - 193,277,848 222,362,786
ANNUAL REPORT 2025
603
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
COUNTERPARTY CREDIT RISK
Shariah Hedging Transactions December 31, 2025
(In Rp million)
December 31, 2025
Shariah Hedging Transactions
Underlying Notional Value
No. Net Net
Variable Shariah Shariah
1 Year Claims Claims
Hedging Hedging MRK
≤ 1 Year -≤5 5 Years Before After
Claims Liabilities
Years MRK MRK
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
Shariah compliant
1. - - - - - - - -
profit rate swap
Shariah compliant
2. foreign currency - - - - - - - -
swap
3. Others - - - - - - - -
Total - - - - - - - -
Shariah Hedging Transactions December 31, 2024
(In Rp million)
December 31, 2024
Shariah Hedging Transactions
Variabel yang Notional Value
No. Net Net
Mendasari Shariah Shariah
1 Year Claims Claims
Hedging Hedging MRK
≤ 1 Year -≤5 5 Years Before After
Claims Liabilities
Years MRK MRK
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
Shariah compliant
1. - - - - - - - -
profit rate swap
Shariah compliant
2. foreign currency - - - - - - - -
swap
3. Others - - - - - - - -
Total - - - - - - - -
REPO TRANSACTIONS
Repo Transactions December 31, 2025
(In Rp million)
December 31, 2025
Repo Transactions
No. Kategori Portofolio Fair Value
Repo
of Repo Net Claims ATMR
Liabilities
Securities
(1) (2) (3) (4) (5) (6)
1. Claims on Governments - - - -
2. Claims on Public Sector Entities - - - -
Claims on Multilateral Development Banks and
3. - - - -
International Institutions
4. Claims on Banks - - - -
Claims on Micro Enterprises, Small Enterprises, and
5. - - - -
Retail Portfolio
6. Claims on Corporates - - - -
Total - - - -
LEADING THE NEW ERA OF BULLION BANK
604 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 607
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
Repo Transactions December 31, 2024
(In Rp million)
December 31, 2024
Repo Transactions
No. Portfolio Category
Fair Value
Repo Net
of Repo ATMR
Liabilities Claims
Securities
(1) (2) (3) (4) (5) (6)
1. Claims on Governments - - - -
2. Claims on Public Sector Entities - - - -
Claims on Multilateral Development Banks and
3. - - - -
International Institutions
4. Claims on Banks - - - -
Claims on Micro Enterprises, Small Enterprises, and
5. - - - -
Retail Portfolio
6. Claims on Corporates - - - -
Total - - - -
REVERSE REPO TRANSACTIONS
Reverse Repo Transactions December 31, 2025
(Dalam Rp juta)
December 31, 2025
Reverse Repo Transactions
No. Portfolio Category
Net Claims ATMR
Net Claims MRK Value
After MRK After MRK
(1) (2) (3) (4) (5) (6)
1. Claims on Governments - - - -
2. Claims on Public Sector Entities - - - -
Claims on Multilateral Development Banks
3. - - - -
and International Institutions
4. Claims on Banks - - - -
Claims on Micro Enterprises, Small
5. - - - -
Enterprises, and Retail Portfolio
6. Claims on Corporates - - - -
Total - - - -
Reverse Repo Transactions December 31, 2024
(In Rp million)
December 31, 2024
Reverse Repo Transactions
No. Kategori Portofolio
Net Claims After ATMR After
Net Claims MRK Value
MRK MRK
(1) (2) (3) (4) (5) (6)
1. Claims on Governments - - - -
2. Claims on Public Sector Entities - - - -
Claims on Multilateral Development Banks
3. - - - -
and International Institutions
4. Claims on Banks - - - -
Claims on Micro Enterprises, Small
5. - - - -
Enterprises, and Retail Portfolio
6. Claims on Corporates - - - -
Total - - - -
ANNUAL REPORT 2025
605
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
NET CLAIMS AFTER TAKING INTO ACCOUNT THE EFFECT
OF CREDIT RISK MITIGATION
Net Claims after Taking into Account The Effect of Credit Risk Mitigation as of December 31, 2025
(In Rp million)
No. Portfolio Category
0% 20% 25% 35%
(1) (2) (3) (4) (5) (6)
A A. Statement of Financial Position Exposure
1. Claims on Governments 109,139,449 - - -
2. Claims on Public Sector Entities 10,589,028 10,811,040 - -
Claims on Multilateral Development Banks and
3. - - - -
International Institutions
4. Claims on Banks 1,898,082 2,996,218 - -
5. Residential Mortgage Financing - 9,936,176 13,000,323 30,396,026
6. Commercial Real Estate Financing - - - -
7. Employee/Pensioner Financing - - - -
Claims on Micro Enterprises, Small Enterprises, and
8. 22,909,694 22,745,258 - -
Retail Portfolio
9. Claims on Corporates 8,091,780 4,047,662 - -
10. Past Due Claims 3,090 330,963 - -
11. Other Assets 8,814,729 - - -
Total Statement of Financial Position Exposure 161,445,852 50,867,317 13,000,323 30,396,026
B Commitments and Contingencies Report Exposure
1. Claims on Governments - - - -
2. Claims on Public Sector Entities - 13,567 - -
Claims on Multilateral Development Banks and
3. - - - -
International Institutions
4. Claims on Banks - 16,650 - -
5. Residential Mortgage Financing - - - -
6. Commercial Real Estate Financing - - - -
7. Employee/Pensioner Financing - - - -
Claims on Micro Enterprises, Small Enterprises, and
8. - - - -
Retail Portfolio
9. Claims on Corporates - - - -
10. Past Due Claims - - - -
Total Commitments and Contingencies Report
- 30,217 - -
Exposure
LEADING THE NEW ERA OF BULLION BANK
606 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 609
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2025
Capital
Net Claims After Taking into Account the Effect of Credit Risk Mitigation ATMR
Charge
40% 45% 50% 75% 100% 150% Others
(7) (8) (9) (10) (11) (12) (13) (13) (14)
- - - - - - - -
- - 3,331,818 - - - 3,828,117 306,249
- - - - - - - -
- - 176,610 - - - 687,549 55,004
- - - - - - 15,875,925 1,270,074
- - - - 14,803 - 14,803 1,184
- - 48,880,123 - - - 24,440,062 1,955,205
- - - 39,512,517 - - 34,183,439 2,734,675
- - 8,442,879 - 81,539,412 - 86,570,384 6,925,631
- - - - 1,173,407 - 1,239,600 99,168
- - - - 18,379,216 - 18,379,216 1,470,337
- - 60,831,430 39,512,517 101,106,838 - 185,219,095 14,817,527
- - - - - - - -
- - 339,435 - - - 172,431 13,794
- - - - - - - -
- - 2,515 - - - 4,588 367
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - 943,863 - - 707,897 56,632
- - 8,412 - 1,402,673 - 1,406,879 112,550
- - - - 5,654 - 5,654 452
- - 350,362 943,863 1,408,327 - 2,297,449 183,795
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
No. Portfolio Category
0% 20% 25% 35%
(1) (2) (3) (4) (5) (6)
C Exposure Due to Counterparty Default (Counterparty Credit Risk)
1. Claims on Governments - - - -
2. Claims on Public Sector Entities - - -
Claims on Multilateral Development Banks and
3. - - - -
International Institutions
4. Claims on Banks - - - -
Claims on Micro Enterprises, Small Enterprises, and
5. - - - -
Retail Portfolio
6. Claims on Corporates - - -
Total Counterparty Credit Risk Exposure - - - -
Net Claims after Taking into Account The Effect of Credit Risk Mitigation as of December 31, 2024
(In Rp million)
No. Portfolio Category
0% 20% 25% 35%
(1) (2) (3) (4) (5) (6)
A Statement of Financial Position Exposure
1. Claims on Governments 109,670,745 - - -
2. Claims on Public Sector Entities 1,810,116 11,950,061 - -
Claims on Multilateral Development Banks and
3. - - - -
International Institutions
4. Claims on Banks 2,450,880 1,785,101 - -
5. Residential Mortgage Financing 25 9,001,871 12,069,393 29,112,042
6. Commercial Real Estate Financing - - - -
7. Employee/Pensioner Financing 366 - - -
Claims on Micro Enterprises, Small Enterprises, and
8. 12,794,242 17,705,235 - -
Retail Portfolio
9. Claims on Corporates 6,111,236 4,430,277 - -
10. Past Due Claims 1,399 193,102 - -
11. Other Assets 8,084,179 - - -
Total Statement of Financial Position Exposure 140,923,188 35,155,455 9,854,950 26,060,136
LEADING THE NEW ERA OF BULLION BANK
608 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 611
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2025
Capital
Net Claims After Taking into Account the Effect of Credit Risk Mitigation ATMR
Charge
40% 45% 50% 75% 100% 150% Others
(7) (8) (9) (10) (11) (12) (13) (13) (14)
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
December 31, 2024
Capital
Net Claims After Taking into Account the Effect of Credit Risk Mitigation ATMR
Charge
40% 45% 50% 75% 100% 150% Others
(7) (8) (9) (10) (11) (12) (13) (13) (14)
- - - - - - - -
- - 3,238,158 - - - 4,009,091 320,727
- - - - - - - -
- - 288,920 - - - 501,480 40,118
- - - - - - 15,006,937 1,200,555
- - - - 25,462 - 25,462 2,037
- - 45,878,154 - - - 22,939,077 1,835,126
- - - 40,972,039 - - 34,270,076 2,741,606
- - 6,998,663 - 72,164,746 - 76,550,133 6,124,011
- - - - 1,212,947 - 1,251,567 100,125
- - - - 11,933,717 - 11,933,717 954,697
- - 54,648,358 38,234,728 68,061,494 260,099 166,487,540 13,319,002
ANNUAL REPORT 2025
609
Page 612
05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
No. Portfolio Category
0% 20% 25% 35%
(1) (2) (3) (4) (5) (6)
B Commitments and Contingencies Report Exposure
1. Claims on Governments - - - -
2. Claims on Public Sector Entities - - - -
Claims on Multilateral Development Banks and
3. - - - -
International Institutions
4. Claims on Banks - 27,161 - -
5. Residential Mortgage Financing - - - -
6. Commercial Real Estate Financing - - - -
7. Employee/Pensioner Financing - - - -
Claims on Micro Enterprises, Small Enterprises, and
8. - - - -
Retail Portfolio
9. Claims on Corporates - - - -
10. Past Due Claims - - - -
Total Commitments and Contingencies Report
- 27,161 - -
Exposure
C C. Exposure Due to Counterparty Default (Counterparty Credit Risk)
1. Claims on Governments - - - -
2. Claims on Public Sector Entities - - - -
Claims on Multilateral Development Banks and
3. - - - -
International Institutions
4. Claims on Banks - - - -
Claims on Micro Enterprises, Small Enterprises, and
5. - - - -
Retail Portfolio
6. Claims on Corporates - - - -
Total Counterparty Credit Risk Exposure - - - -
LEADING THE NEW ERA OF BULLION BANK
610 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 613
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2024
Capital
Net Claims After Taking into Account the Effect of Credit Risk Mitigation ATMR
Charge
40% 45% 50% 75% 100% 150% Others
(7) (8) (9) (10) (11) (12) (13) (13) (14)
- - - - - - - -
- - 249,848 - - - 124,924 9,994
- - - - - - - -
- - 9,967 - - - 10,416 833
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - 858,585 - - 643,939 51,515
- - - - 1,176,906 - 1,176,906 94,152
- - - - 4,485 - 4,485 359
- - 79,268 871,110 1,764,001 25,938 1,960,670 156,853
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
ANNUAL REPORT 2025
611
Page 614
05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
NET EXPOSURES AND CREDIT RISK MITIGATION TECHNIQUES
Net Exposures and Credit Risk Mitigation Techniques as of December 31, 2025 and 2024
(In Rp million)
December 31, 2024
Net Claims and MRK Techniques
No. Portfolio Category Portion Secured by
Net Claims Financing
Collateral Guarantees Others
Insurance
(1) (2) (3) (4) (5) (6) (7)
A Statement of Financial Position Exposure
1. Claims on Governments 109,670,745 - - - -
2. Claims on Public Sector Entities 16,998,335 1,810,116 - - -
Claims on Multilateral Development
3. - - - - -
Banks and International Institutions
4. Claims on Banks 4,524,902 2,450,880 - - -
5. Residential Mortgage Financing 50,183,331 - - - -
6. Commercial Real Estate Financing 25,462 25 - - -
7. Employee/Pensioner Financing 45,878,520 366 - - -
Claims on Micro Enterprises, Small
8. 71,471,516 12,794,242 - 17,705,235 -
Enterprises, and Retail Portfolio
9. Claims on Corporates 89,704,922 6,111,236 - 37,156 -
10. Past Due Claims 1,407,449 1,399 - 193,102 -
11. Other Assets 20,017,897 - - - -
Total Statement of Financial
409,883,079 23,168,264 - 17,935,493 -
Position Exposure
B Commitments and Contingencies Report Exposure
1. Claims on Governments - - - - -
2. Claims on Public Sector Entities 249,848 - - - -
Claims on Multilateral Development
3. - - - - -
Banks and International Institutions
4. Claims on Banks 37,127 - - - -
5. Residential Mortgage Financing - - - - -
6. Commercial Real Estate Financing - - - - -
7. Employee/Pensioner Financing - - - - -
Claims on Micro Enterprises, Small
8. 858,585 - - - -
Enterprises, and Retail Portfolio
9. Claims on Corporates 1,176,906 - - - -
10. Past Due Claims 4,485 - - - -
Total Commitments and
2,326,951 - - - -
Contingencies Report Exposure
LEADING THE NEW ERA OF BULLION BANK
612 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 615
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2025
Net Claims and MRK Techniques
Portion Secured by
Unsecured Unsecured
Net Claims Financing
Portion Collateral Guarantees Others Portion
Insurance
(8)=(3)-[ (14)=(9)-
(9) (10) (11) (12) (13)
[(4)+(5)+(6)+(7)] [(10)+(11)+(12)+(13)]
109,670,745 109,139,449 - - - - 109,139,449
15,188,219 24,731,886 10,589,028 - - - 14,142,858
- - - - - - -
2,074,022 5,070,910 1,898,082 - - - 3,172,828
50,183,306 53,332,525 - - - - 53,332,525
25,462 14,803 - - - - 14,803
45,878,154 48,880,123 - - - - 48,880,123
40,972,039 85,167,469 22,909,694 - 22,745,258 - 39,512,517
83,556,530 102,121,733 8,091,780 - 48,529 - 93,981,424
1,212,948 1,507,460 3,090 - 330,963 - 1,173,407
20,017,897 27,193,945 - - - - 27,193,945
368,779,322 457,160,303 43,491,674 - 23,124,750 - 390,543,879
- - - - - - -
249,848 353,002 - - - - 353,002
- - - - - - -
37,127 19,165 - - - - 19,165
- - - - - - -
- - - - - - -
- - - - - - -
858,585 943,863 - - - - 943,863
1,176,906 1,411,085 - - - - 1,411,085
4,485 5,654 - - - - 5,654
2,326,951 2,732,769 - - - - 2,732,769
ANNUAL REPORT 2025
613
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
December 31, 2024
Net Claims and MRK Techniques
No. Portfolio Category Portion Secured by
Net Claims Financing
Collateral Guarantees Others
Insurance
(1) (2) (3) (4) (5) (6) (7)
C Exposure Due to Counterparty Default (Counterparty Credit Risk)
1. Claims on Governments - - - - -
2. Claims on Public Sector Entities - - - - -
Claims on Multilateral Development
3. - - - - -
Banks and International Institutions
4. Claims on Banks - - - - -
Claims on Micro Enterprises, Small
5. - - - - -
Enterprises, and Retail Portfolio
6. Claims on Corporates - - - - -
Total Counterparty Credit Risk
- - - - -
Exposure
Total (A+B+C) 412,210,030 23,168,264 - 17,935,493 -
ASSET SECURITIZATION TRANSACTIONS WHERE BUS ACTS AS THE INITIAL CREDITOR
Asset Securitization Transactions Where BUS Acts as the Initial Creditor as of December 31, 2024 and 2025
(In Rp million)
No. Underlying Asset
(1) (2)
1. Claims on Governments
2. Claims on Public Sector Entities
3. Claims on Multilateral Development Banks and International Institutions
4. Claims on Banks
5. Residential Mortgage Financing
6. Commercial Real Estate Financing
7. Employee/Pensioner Financing
8. Claims on Micro Enterprises, Small Enterprises, and Retail Portfolio
9. Claims on Corporates
10. Other Assets
Total
LEADING THE NEW ERA OF BULLION BANK
614 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 617
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2025
Net Claims and MRK Techniques
Portion Secured by
Unsecured Unsecured
Net Claims Financing
Portion Collateral Guarantees Others Portion
Insurance
(8)=(3)-[ (14)=(9)-
(9) (10) (11) (12) (13)
[(4)+(5)+(6)+(7)] [(10)+(11)+(12)+(13)]
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
371,106,273 459.893.072 43.491.674 - 23.124.750 - 393.276.648
December 31, 2024 December 31, 2025
Initial Creditor Asset Securitization Initial Creditor Asset Securitization
Transaction Transaction
Value of Securitized Value of Securitized
Gain/(Loss) on Sale Gain/(Loss) on Sale
Assets Assets
(3) (4) (5) (6)
- - - -
- - - -
- - - -
- - - -
192,490 - 144,526 -
- - - -
- - - -
- - - -
- - - -
- - - -
192,490 - 144,526 -
ANNUAL REPORT 2025
615
Page 618
05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
CALCULATION OF ATMR FOR CREDIT RISK USING THE STANDARDIZED
APPROACH – ASSET EXPOSURE REPORT IN THE STATEMENT OF FINANCIAL
POSITION
Asset Exposure Report in the Statement of Financial Position as of December 31, 2024 and 2025
(In Rp million
December 31, 2024 December 31, 2025
On-Balance Sheet Asset Exposure On-Balance Sheet Asset Exposure
No. Portfolio Category
ATMR ATMR
ATMR After ATMR After
Net Claims Before Net Claims Before
MRK MRK
MRK MRK
(1) (2) (3) (4) (5) (6) (7) (8)
Claims on
1. 109,670,745 - - 109,139,449 - -
Governments
Claims on Public
2. 16,998,335 4,435,794 4,009,091 24,731,886 8,574,421 3,828,117
Sector Entities
Claims on Multilateral
Development Banks
3. - - - - - -
and International
Institutions
4. Claims on Banks 4,524,902 1,006,920 501,480 5,070,910 1,081,590 687,549
Residential Mortgage
5. 50,183,331 15,006,942 15,006,937 53,332,525 15,875,925 15,875,925
Financing
Commercial Real
6. 25,462 25,462 25,462 14,803 14,803 14,803
Estate Financing
Employee/Pensioner
7. 45,878,520 22,939,260 22,939,077 48,880,123 24,440,061 24,440,061
Financing
Claims on Micro
Enterprises, Small
8. 71,471,516 53,603,637 34,270,076 85,167,469 63,875,602 34,183,439
Enterprises, and Retail
Portfolio
9. Claims on Corporates 89,704,922 82,648,594 76,550,133 102,121,733 94,657,814 86,570,384
10. Past Due Claims 1,407,449 1,407,449 1,251,568 1,507,460 1,507,460 1,239,600
11. Other Assets 20,017,897 - 11,933,717 27,193,945 - 18,379,216
Total 409,883,078 181,074,058 166,487,542 457,160,303 210,027,676 185,219,094
LEADING THE NEW ERA OF BULLION BANK
616 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 619
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
EXPOSURE REPORT ON COMMITMENT AND CONTINGENCY CLAIMS IN THE
COMMITMENTS AND CONTINGENCIES REPORT
Exposure Report on Commitment and Contingency Claims in the Commitments and
Contingencies Report as of December 31, 2024 and 2025
(In Rp million)
December 31, 2024 December 31, 2025
On-Balance Sheet Asset Exposure On-Balance Sheet Asset Exposure
No, Portfolio Category
ATMR ATMR
ATMR After ATMR After
Net Claims Before Net Claims Before
MRK MRK
MRK MRK
(1) (2) (3) (4) (5) (6) (7) (8)
Claims on
1. - - - - - -
Governments
Claims on Public
2. 249,848 124,924 124,924 353,002 172,431 172,431
Sector Entities
Claims on Multilateral
Development Banks
3. - - - - - -
and International
Institutions
4. Claims on Banks 37,127 10,415 10,415 19,165 4,587 4,587
Residential Mortgage
5. - - - - - -
Financing
Commercial Real
6. - - - - - -
Estate Financing
Employee/Pensioner
7. - - - - - -
Financing
Claims on Micro
Enterprises, Small
8. 858,585 643,939 643,939 943,863 707,897 707,897
Enterprises, and Retail
Portfolio
9. Claims on Corporates 1,176,906 1,176,906 1,176,906 1,411,085 1,406,879 1,406,879
10. Past Due Claims 4,485 4,485 4,485 5,653 5,653 5,653
Total 2,326,951 1,960,669 1,960,669 2,732,768 2,297,447 2,297,447
ANNUAL REPORT 2025
617
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
EXPOSURE REPORT GIVING RISE TO CREDIT RISK DUE TO COUNTERPARTY DEFAULT
(COUNTERPARTY CREDIT RISK)
Exposure Report Giving Rise to Credit Risk Due to Counterparty Default (Counterparty Credit Risk)
as of December 31, 2024 and 2025
(In Rp million)
December 31, 2024 December 31, 2025
CCR Credit Risk Exposure CCR Credit Risk Exposure
No. Portfolio Category
ATMR ATMR
ATMR ATMR
Net Claims Before Net Claims Before
After MRK After MRK
MRK MRK
(1) (2) (3) (4) (5) (6) (7) (8)
1. Claims on Governments - - - - - -
2. Claims on Public Sector Entities - - - - - -
Claims on Multilateral
3. Development Banks and - - - - - -
International Institutions
4. Claims on Banks - - - - - -
Claims on Micro Enterprises,
5. Small Enterprises, and Retail - - - - - -
Portfolio
6. Claims on Corporates - - - - - -
Total - - - - - -
EXPOSURE REPORT GIVING RISE TO CREDIT RISK DUE TO SETTLEMENT FAILURE
(SETTLEMENT RISK)
Exposure Report Giving Rise to Credit Risk due to Settlement Failure (Settlement Risk) 2024 and
2025
(In Rp million)
December 31, 2024 December 31, 2025
CCR Credit Risk CCR Credit Risk
No. Portfolio Category
ATMR ATMR ATMR ATMR
Net Net
Before After Before After
Claims Claims
MRK MRK MRK MRK
(1) (2) (3) (4) (5) (6) (7) (8)
1. Delivery versus payment - - - - -
a. 8% capital charge (5–15 days) - - - - -
b. 50% capital charge (16–30 days) - - - - -
c. 75% capital charge (31–45 days) - - - - -
d. 100% capital charge (more than 45
- - - - -
days)
2. Non-delivery versus payment - - - - -
Total - - - - - -
LEADING THE NEW ERA OF BULLION BANK
618 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 621
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
SECURITIZATION EXPOSURE REPORT
Securitization Exposure Report 2024 and 2025
(In Rp million)
December 31, 2024 December 31, 2025
Securitization Exposure Securitization Exposure
No. Underlying Asset
Capital Capital
ATMR After ATMR After
Deduction Deduction
MRK MRK
Factor Factor
(1) (2) (3) (4) (5) (6)
ATMR on securitization exposure calculated using the
1. - - -
External Rating Based Approach (ERBA)
ATMR on securitization exposure calculated using the 8,110
2. 8,875 -
Standardized Approach (SA)
Securitization exposure constituting a Common Equity
3. - -
Tier 1 capital deduction factor -
Total 8,110
- 8,875 -
TOTAL CREDIT RISK MEASUREMENT REPORT
Total Credit Risk Measurement Report 2024 and 2025
(In Rp million)
December 31, 2024 December 31, 2025
TOTAL CREDIT RISK ATMR 168,457,086 187,524,653
TOTAL CAPITAL DEDUCTION FACTOR - -
ANNUAL REPORT 2025
619
Page 622
05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
LIQUIDITY RISK
RUPIAH MATURITY PROFILE DISCLOSURE REPORT
Rupiah Maturity Profile Disclosure Report 2024 and 2025
(In Rp million)
December 31, 2024
Due Date *)
No. Posts Balance
>1 month to >3 months
≤ 1 month
3 months to 6 months
(1) (2) (3) (4) (5) (6)
I Statement Of Financial Position
A Assets 383,068,136 65,447,131 13,293,980 10,889,512
1 Cash 7,623,321 7,623,321 - -
2 Placements with Bank Indonesia 41,470,072 41,470,072 - -
3 Placements with other banks 300,430 300,430 - -
4 Securities 55,776,134 4,476,080 5,643,665 3,357,983
5 Receivables:
Murabahah receivables (gross) 143,652,233 228,408 288,284 700,955
Salam receivables - - - -
Istishna’ receivables 11 - - 11
Qardh receivables 11,507,426 2,462,147 4,109,686 1,409,701
6 Profit sharing financing:
Mudharabah financing 2,914,936 20,669 8,177 2,032,324
Musyarakah financing 110,840,518 2,292,171 3,243,502 3,385,055
7 Lease financing 2,410,211 989 666 3,483
8 Other assets 6,572,844 6,572,844 - -
B Liabilities 339,321,606 288,673,200 28,086,568 17,504,830
1 Third party fund
Wadiah current accounts 17,961,391 17,961,391 - -
Mudharabah time deposits 123,256,381 75,997,742 28,001,325 15,725,971
Wadiah savings deposits 54,056,447 54,056,447 - -
Mudharabah savings deposits 84,630,430 84,630,430 - -
Others 24,492,705 24,492,705 - -
2 Liabilities to Bank Indonesia 18,417,864 18,417,864 - -
3 Liabilities to other banks 863,788 845,395 8,359 4,382
4 Securities issued 6,059,397 2,840,834 - 1,700,000
5 Financing received 1,000,000 1,000,000 - -
6 Other liabilities 8,583,203 8,430,392 76,884 74,477
C Commitment and Contingent Report
1 Commitment liabilities 2,409,047 220,557 357,436 189,393
2 Contingent liabilities 1,128,775 372,743 186,529 122,093
Difference (A-B) 43,746,530 (223,226,069) (14,792,588) (6,615,318)
LEADING THE NEW ERA OF BULLION BANK
620 PT BANK SYARIAH INDONESIA (PERSERO) TBK
Page 623
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2024
Due Date *)
Balance
>6 months to >1 month to >3 months to >6 months to
>12 months ≤ 1 month >12 months
12 months 3 months 6 months 12 months
(7) (8) (9) (10) (11) (12) (13) (14)
22,341,420 271,096,093 421,537,581 71,338,015 13,388,809 10,264,770 22,214,416 304,331,571
- - 8,157,814 8,157,814 - - - -
- - 35,930,613 35,930,613 - - - -
- - 62,547 62,547 - - - -
14,513,511 27,784,895 52,879,683 5,994,204 3,262,005 3,595,543 12,623,980 27,403,951
3,195,164 139,239,422 148,704,301 203,530 425,228 1,027,637 4,628,310 142,419,596
- - - - - - - -
- - - - - - - -
132,499 3,393,393 15,179,123 3,033,992 6,565,065 2,212,875 129.032 3,238,159
57,668 796,098 2,889,309 2,019,039 7,529 36,354 31,720 794,667
4,211,605 97,708,185 141,527,987 2,742,148 3,128,626 3,367,769 4,731,320 127,558,124
230,973 2,174,100 3,014,914 2,838 356 24,592 70,054 2,917,074
- - 13,191,290 13,191,290
3,536,218 1,520,790 370,011,104 317,457,586 38,390,226 7,890,631 2,411,310 3,861,351
26,278,324 26,278,324 - - - -
- - 132,718,220 86,911,574 38,254,908 5,146,738 2,405,000 -
3,530,566 777 62,032,119 62,032,119 - - - -
- - 98,654,585 98,654,585 - - - -
- - 27,109,482 27,109,482 - - - -
- -
- - - - - - - -
5,652 - 858,521 837,676 6,778 7,757 6,310 -
- 1,518,563 11,863,787 5,338,886 - 2,665,000 - 3,859,901
- - - - - - - -
- 1,450 10,496,066 10,294,940 128,540 71,136 - 1,450
170,863 1,470,798 5,790,454 910,079 2,451,126 395,435 448,641 1,585,173
170,234 277,176 1,106,881 297,561 106,930 160,032 333,201 209,157
18,805,202 269,575,303 51,526,477 246,119,571 25,001,417 2,374,139 19,803,106 300,470,220
ANNUAL REPORT 2025
621
Page 624
05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
Foreign Currency Maturity Profile Disclosure Report 2024 and 2025
(In Rp million)
December 31, 2024
Due Date *)
No, Posts Balance
>1 month to >3 months
≤ 1 month
3 months to 6 months
(1) (2) (3) (4) (5) (6)
I Statement f Financial Position
A Assets 25,545,296 16,742,260 3,102,386 1,026,577
1 Cash 457,368 457,368 - -
2 Placements with Bank Indonesia 8,496,207 8,496,207 - -
3 Placements with other banks 1,180,444 1,180,444 - -
4 Securities 8,875,671 6,202,824 1,932,021 175,440
5 Receivables:
a. Murabahah receivables (gross) - - - -
b. Salam receivables - - - -
c. Istishna’ receivables - - - -
d. Qardh receivables 2,266,358 304,776 1,048,330 828,994
6 Profit sharing financing:
a. Mudharabah financing 22,143 - - 22,143
b. Musyarakah financing 3,346,700 100,641 122,035 -
7 Lease financing 900,405 - - -
8 Other assets - - - -
B Liabilitas 24,250,254 23,406,674 437,318 337,209
1 Third party fund:
a. Wadiah current accounts 1,185,688 1,185,688 - -
b. Mudharabah time deposits 7,327,971 6,484,391 437,318 337,209
c. Wadiah savings deposits 1,223,620 1,223,620 - -
d. Mudharabah savings deposits 623,719 623,719 - -
e. Others 12,695,814 12,695,814 - -
2 Liabilities to Bank Indonesia - - - -
3 Liabilities to other banks 43 43 - -
4 Securities issued 1,126,650 1,126,650 - -
5 Financing received - - - -
6 Other liabilities 66,749 66,749 - -
C Commitment and Contingent Report
1 Commitment liabilities 94,429 94,018 411 -
2 Contingent liabilities 911,951 88,855 102,111 11,032
Difference (A-B) 1,295,042 (6,664,414) 2,665,068 689,368
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
December 31, 2024
Due Date *)
Balance
>6 months >3 months >6 months
>1 month to
to 12 >12 months ≤ 1 month to 6 to 12 >12 months
3 months
months months months
(7) (8) (9) (10) (11) (12) (13) (14)
209,212 4,464,861 34,655,025 24,202,776 2,685,526 909,688 90,895 6,766,140
- - 532,952 532,952 - - - -
- - 15,672,430 15,672,430 - - - -
- - 2,655,903 2,655,903 - - - -
- 565,386 8,652,919 4,442,814 1,707,303 33,350 - 2,469,452
- - 598 - - - - 598
- - - - - - - -
- - - - - - - -
84,258 - 2,542,805 481,384 926,117 876,338 4,802 254,164
- - - - - - - -
124,954 2,999,070 3,343,787 181,344 52,106 - 86,093 3,024,244
- 2,999,070 1,017,682 - - - - 1,017,682
- - 235,949 235,949
69,053 - 34,228,627 32,904,081 322,031 707,768 294,747 -
- - 1,512,150 1,512,150 - - - -
69,053 - 13,314,686 12,429,570 289,259 301,109 294,747 -
- - 1,279,002 1,279,002 - - - -
- - 661,954 661,954 - - - -
- - 16,927,781 16,927,781 - - - -
- - - - - - - -
- - 1,153 1,153 - - - -
- - - - - - - -
- - - - - - - -
- - 531,902 92,472 32,772 406,659 - -
- - 8,182 - 6,584 1,598 - -
450,915 259,038 1,373,559 425,418 107,124 9,809 175,438 655,769
140,159 4,464,861 426,398 8,701,305 2,363,495 201,920 203,852 6,766,140
ANNUAL REPORT 2025
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05 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
RISK EXPOSURES
OPERATIONAL RISK
Operational Risk Report 2024 and 2025
(In Rp million)
December 31, 2024 December 31, 2025
Gross Gross
No. Approach Used Income Capital Income Capital
ATMR ATMR
(3-Year Charge (3-Year Charge
Average) Average)
(1) (2) (3) (4) (5) (6) (7) (8)
Standard Indicator 18,985,886 2,847,883 35,598,536 20,678,536 3,101,780 38,772,256
1.
Approach
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CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
RISK EXPOSURES
ANNUAL REPORT 2025
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06 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
SOCIAL AND
ENVIRONMENTAL
RESPONSIBILITY
For BSI, sustainability
is a mandate to
create balanced value
between economic
growth, social welfare,
and environmental
stewardship. Through
the integration of
ESG principles and
Islamic values, BSI
continues to strengthen
its contribution to
building an inclusive
and sustainable Islamic
economic ecosystem
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CORPORATE GOVERNANCE CORPORATE SOCIAL
CORPORATE SOCIALRESPONSIBILITY
RESPONSIBILITY 2025 FINANCIAL STATEMENT
INTRODUCTION TO SOCIAL AND
ENVIRONMENTAL RESPONSIBILITY
As the largest Islamic bank in Indonesia, PT Bank Throughout 2025, BSI continued to strengthen the
Syariah Indonesia Tbk (BSI) views sustainability as implementation of sustainable finance through the
an integral part of its responsibility in conducting expansion of green and social financing portfolios,
business activities. For BSI, sustainability is not the advancement of environmentally responsible
solely about achieving economic performance, but operational practices, and the implementation
also reflects the Bank’s commitment to creating of community empowerment programs that
broader value for society and the environment deliver tangible benefits to stakeholders. These
through responsible Islamic banking practices. initiatives reflect BSI’s strategic role in developing
a sustainable Islamic economic ecosystem while
Aligned with Islamic principles that emphasize supporting Indonesia’s broader development
balance between economic growth, social well- agenda.
being, and environmental stewardship, BSI
integrates Environmental, Social, and Governance More detailed information regarding the Bank’s
(ESG) considerations into its business strategy, sustainability strategy, policies, governance, and
risk management framework, and product and performance is presented in the BSI Sustainability
service development. This approach enables the Report 2025, which is published separately.
Bank to support inclusive economic growth while
strengthening its contribution to sustainable
development in Indonesia.
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06 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
SUSTAINABILITY POLICY
AND COMMITMENT
BSI places sustainability as an integral component of its business strategy and corporate governance.
This commitment is implemented through the adoption of sustainable finance principles in alignment
with Financial Services Authority Regulation (POJK) No. 51/POJK.03/2017 on the Implementation of
Sustainable Finance for Financial Institutions, Issuers, and Public Companies. Through this regulatory
framework, the Bank seeks to ensure that its business activities not only support economic growth but
also consider long-term social and environmental impacts.
In practice, BSI integrates ESG considerations into various policies and decision-making processes.
This commitment is reflected in the strengthening of sustainability governance, the development of
ESG-related policies and procedures, and the establishment of oversight structures that support the
management of sustainability-related risks and opportunities. This approach enables the Bank to identify,
manage, and mitigate environmental and social risks associated with both its operations and financing
portfolio.
Furthermore, BSI aligns its sustainable finance implementation with the Bank’s strategic planning
through the development of the Sustainable Finance Action Plan (RAKB), which is periodically updated.
Through this framework, the Bank establishes the direction for expanding its sustainable financing
portfolio, strengthening ESG governance, and enhancing internal capabilities to support the consistent
and measurable implementation of its sustainability strategy.
STRATEGY AND PILLARS OF SOCIAL AND
ENVIRONMENTAL RESPONSIBILITY
In implementing its sustainability commitment, Through the Sustainable Banking pillar, BSI
BSI adopts an integrated approach that positions focuses on strengthening the implementation
sustainability as an essential element of its long- of sustainable finance by developing products
term business development. This strategy is and financing portfolios that deliver social
designed to ensure that the Bank’s business and environmental benefits. The Sustainable
activities not only generate economic value but Operations pillar emphasizes efforts to improve
also create positive contributions for society and operational efficiency while managing the
the environment. environmental impact of the Bank’s operations.
Meanwhile, the Sustainable Beyond Banking pillar
BSI’s social and environmental responsibility reflects BSI’s commitment to delivering broader
framework is structured around three core social impact through community empowerment
sustainability pillars that guide the development programs and the development of the Islamic
of the Bank’s programs and initiatives: Sustainable economic ecosystem.
Banking, Sustainable Operations, and Sustainable
Beyond Banking. These pillars reflect the Together, these three pillars serve as the strategic
Bank’s comprehensive approach to integrating foundation for BSI’s sustainability initiatives and
sustainability principles into its business activities, reinforce the Bank’s role in supporting sustainable
operational practices, and social contributions to development in Indonesia.
the community.
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CORPORATE GOVERNANCE CORPORATE SOCIAL
CORPORATE SOCIALRESPONSIBILITY
RESPONSIBILITY 2025 FINANCIAL STATEMENT
PROGRAM IMPLEMENTATION BY PILLAR
In implementing its sustainability commitment, Throughout 2025, BSI continued to expand
BSI carries out its social and environmental the distribution of sustainable financing,
responsibility programs through three main pillars: encompassing both green and social financing
Sustainable Banking, Sustainable Operations, and across sectors that support sustainable
Sustainable Beyond Banking. These pillars serve development. The Bank’s sustainable financing
as the implementation framework to ensure that portfolio reached Rp73.92 trillion, consisting of
sustainability principles are embedded across the Rp15.66 trillion in green financing and Rp58.26
Bank’s business activities, operational practices, trillion in social financing, including financing
and social contributions to the community. for electric vehicles and business activities that
contribute to improving community welfare.
Through this approach, BSI seeks to strengthen
its role as an Islamic financial institution that not The Bank also strengthened its sustainable
only supports economic growth but also delivers funding sources through the issuance of
positive impacts for the environment and society. Sustainability Sukuk, which supports the financing
Programs implemented under each pillar are of projects that generate positive environmental
designed to advance sustainable finance, improve and social impacts. In parallel, the integration
environmentally responsible operational practices, of ESG considerations in financing activities
and promote inclusive community empowerment. continues to be enhanced through strengthened
policies, sustainability risk assessments, and the
development of responsible financing frameworks.
SUSTAINABLE BANKING
Through these initiatives, BSI aims to reinforce its
Through the Sustainable Banking pillar, BSI contribution to inclusive economic growth while
strengthens its role as an Islamic financial expanding the positive impact of Islamic finance
institution that advances sustainable finance on sustainable development.
through the development of financing portfolios
that deliver economic, social, and environmental
benefits. This approach is implemented by
integrating sustainability principles into product
development, financing portfolio management,
and business decision-making processes.
Sustainable Financing
Green Financing
Portfolio
RP
73.92 trillion Rp
15.66 trillion
Sustainable Funding
Social Financing Instrument
Rp
58.26 trillion
Total issuance
Rp
8 trillion (Stage I Rp3 trillion,
Stage II Rp5 trillion)
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06 HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
DASAR PENERAPAN TATA KELOLA PERUSAHAAN
SUSTAINABLE OPERATIONS energy efficiency through the use of 100% energy-
efficient LED lighting, the application of energy-
Through the Sustainable Operations pillar, BSI saving technologies in building cooling systems,
seeks to responsibly manage the environmental and the installation of solar panels at several
impact of its operational activities while operational facilities.
improving resource efficiency. These efforts are
implemented through a range of environmentally To support greener operations, BSI also operates
responsible operational initiatives that support two office buildings certified as Green Building
emission reduction, energy efficiency, and the Gold Certified, namely Landmark BSI Aceh and
strengthening of sustainable operational practices BSI Tower Jakarta. The Bank further strengthened
across the Bank’s network. its transition toward cleaner energy through the
use of 144 electric vehicles as part of its operational
Throughout 2025, the Bank continued to fleet and solar panel in 8 BSI outlets.
enhance its emissions management through
the implementation of Digital Carbon Tracking, These initiatives reflect BSI’s commitment to
enabling more integrated monitoring of improving operational efficiency while supporting
greenhouse gas emissions generated from environmental management and emission
operational activities. In addition, BSI promoted reduction efforts.
Green Building Renewable Energy
Offices Energy Efficiency (Solar PV)
8 at Outlet BSI
2 buildings certified as
Gold Certified 100% LED lighting across
office network
3 at Desa Binaan BSI
Electric Carbon
Vehicle Fleet Management
144 operational electric
vehicles 100% implementation of Digital Carbon Tracking
across the Bank’s operational network
SUSTAINABLE BEYOND BANKING
Through the Sustainable Beyond Banking pillar, BSI expands its sustainability contribution beyond
financial services by strengthening its social role in supporting community welfare and the development of
the Islamic economic ecosystem. These initiatives are implemented through community empowerment
programs and the management of Islamic social funds that deliver direct benefits to society.
Throughout 2025, the Bank continued to strengthen the management and distribution of Zakat, Infaq,
Sadaqah, and Waqf (ZISWAF) funds as part of its commitment to supporting social welfare and poverty
alleviation. These social funds are distributed through programs focused on economic empowerment,
education, healthcare, and humanitarian assistance, reaching communities across various regions in
Indonesia.
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CORPORATE GOVERNANCE CORPORATE SOCIAL
CORPORATE SOCIALRESPONSIBILITY
RESPONSIBILITY 2025 FINANCIAL STATEMENT
DASAR PENERAPAN TATA KELOLA PERUSAHAAN
In addition, BSI promotes the development of the Islamic economic ecosystem through collaborative
programs with social institutions, communities, and other stakeholders. These initiatives aim to strengthen
community capacity, encourage economic independence, and expand access to Islamic financial
services and financing.kolaboratif dengan lembaga sosial, komunitas, dan pemangku kepentingan
lainnya. Program-program tersebut diarahkan untuk memperkuat kapasitas masyarakat, mendorong
kemandirian ekonomi, serta memperluas akses terhadap pembiayaan dan layanan keuangan syariah.
Through these efforts, BSI strives to create sustainable social value while reinforcing the role of Islamic
banking in supporting inclusive and equitable economic development.
ZISWAF Fund Distribution
The total ZISWAF funds Program Distribution by Pillar
distributed through BSI
Maslahat reached Program Pillar Funds Distributed Beneficiaries
Rp
400 billion
Economic Rp26.4 billion 59.1 thousand
Education Rp114.8 billion 23 thousand
Social Program Beneficiaries Humanitarian Rp148.8 billion 599.1 thousand
Health Rp11.8 billion 27.3 thousand
Social initiatives reached
Dakwah &
more than Rp38.2 billion 45.9 thousand
Advocacy
754 thousand beneficiaries
SUSTAINABILITY REPORT REFERENCE
As part of its commitment to transparency and accountability in implementing social and environmental
responsibility, BSI prepares and publishes a Sustainability Report separately from its Annual Report. The
Sustainability Report provides more comprehensive information on the Bank’s sustainability policies,
strategies, governance, and performance across economic, social, and environmental aspects.
The preparation of BSI’s Sustainability Report refers to Financial Services Authority Regulation (POJK)
No. 51/POJK.03/2017 on the Implementation of Sustainable Finance for Financial Institutions, Issuers,
and Public Companies. The report presents detailed information on the implementation of sustainable
finance, environmental management practices, human capital development, as well as community
empowerment initiatives undertaken by the Bank.
The information presented in the Social and Environmental Responsibility chapter of this Annual
Report summarizes key initiatives and achievements related to BSI’s sustainability implementation.
Stakeholders seeking more comprehensive information regarding BSI’s sustainability strategy, policies,
and performance may refer to the PT Bank Syariah Indonesia Tbk Sustainability Report 2025, which is
published separately.
ANNUAL REPORT 2025
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HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
REFERENCE TO SEOJK NO. 16/POJK.04/2021
REGARDING THE FORM AND CONTENT
OF REPORTS OF ISSUERS OR PUBLIC
COMPANIES
DESCRIPTION PAGE
Key Financial Highlights
The summary of important financial data contained financial information presented in the form of a comparison
for 3 (three) financial years or since starting its business if the Issuer or Public Company had been running its
business activities for less than 3 (three) years.
1. Revenue/sales 18-22
2. Gross profit 18-22
3. Profit (loss) 18-22
4. Total profit (loss) attributable to owners of the parent entity and non-controlling interests 18-22
5. Total comprehensive profit (loss) 18-22
Total comprehensive profit (loss) attributable to owners of the parent entity and non-
6. 18-22
controlling interests
7. Earnings (loss) per share 18-22
8. Total assets 18-22
9. Total liabilities 18-22
10. Total equity 18-22
11. Ratio of profit (loss) to total assets 18-22
12. Ratio of profit (loss) to equity 18-22
13. Ratio of profit (loss) to income/sales 18-22
14. Current ratio 18-22
15. Ratio of liabilities to equity 18-22
16. Ratio of liabilities to total assets 18-22
Information and other financial ratios relevant to the issuer or public company and the
17. 18-22
type of industry
Stock Highlights
Share information for a Public Company should at least contain:
Shares issued for each quarterly period were presented in the form of a comparison for
the last 2 (two) financial years, at least containing:
a) Number of outstanding shares;
b) Market capitalization based on the price on the stock exchange where the shares
were listed;
1. 23
c) The highest, lowest and closing share prices were based on prices on the stock
exchange where the shares are listed; and
d) Trading volume on the stock exchange where the shares are listed.
Information in letter b), letter c) and letter d) is only disclosed if the shares are listed on
the stock exchange.
In the event of a corporate action causing changes in shares, such as stock splits, reverse
stock, stock dividends, bonus shares, changes in the nominal value of shares, issuance of
conversion securities, as well as capital additions and deductions, stock information as
referred to in number 1) should be added with at least an explanation regarding:
a) The date of implementation of the corporate action;
2. 24
b) The ratio of stock splits, reverse stock, stock dividends, bonus shares, the number of
convertible securities issued, and changes in the nominal value of shares;
c) Number of outstanding shares before and after the corporate action;
d) Number of conversion effects executed (if any); and
e) Share prices before and after corporate actions.
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REFERENCE TO SEOJK NO. 16/POJK.04/2021 REGARDING
THE FORM AND CONTENT OF REPORTS OF ISSUERS
OR PUBLIC COMPANIES
DESCRIPTION PAGE
In the event of a temporary suspension of share trading (suspension) and/or delisting of
3. 25
shares in the financial year, the should be explained.
In the event that the temporary suspension of share trading as referred to in number 3)
and/or the delisting process was still ongoing until the end of the Annual Report period,
4. 25
it explained the actions taken to resolve the temporary suspension of share trading and/
or cancellation of the share listing (delisting).
Board of Commissioners Report
The Board of Commissioners’ report should at least contain a brief description of:
Assessment of the performance of the Board of Directors regarding the management of
Issuers or Public Companies, including the supervision of the Board of Commissioners
1. 32-36
in the formulation and implementation of strategies for Issuers or Public Companies
carried out by the Board of Directors;
Views on the business prospects of the Issuer or Public Company prepared by the Board
2. 36-37
of Directors; and
Pandangan atas penerapan tata kelola Emiten atau Perusahaan Publik.
3. 37-38
Views on the implementation of the governance of the Issuer or Public Company.
Board of Directors Report
The Board of Directors’ report should at least contain a brief description of:
Performance of Issuers or Public Companies, at least containing:
a) Issuer’s or Public Company’s strategy and strategic policies;
b) The role of the Board of Directors in formulating strategies and strategic policies of
Issuers or Public Companies;
1. c) The process carried out by the Board of Directors to ensure the implementation of 46-52
the Issuer’s or Public Company’s strategy;
d) Comparison between the results achieved with those targeted by the Issuer or Public
Company; and
e) Constraints faced by Issuers or Public Companies;
2. Overview of the business prospects of the issuer or Public Company. 52
3. Implementation of the governance of the Issuer or Public Company. 52-54
Signatures of members of the Board of Directors and Board of Commissioners It
described:
a) The signature is poured on a separate sheet;
b) A statement that the Board of Commissioners and Board of Directors are fully
responsible for the correctness of the contents of the annual report;
c) Signed by all members of the Board of Commissioners and members of the Board of
Directors stating their names and positions; and
d) A written explanation in a separate letter from the person concerned in the event
4. 64-65
that there is a member of the Board of Commissioners or a member of the Board of
Directors who does not sign the annual report, or a written explanation in a separate
letter from another member in the event that there is no written explanation from
the person concerned.
The annual report shall be signed by all members of the Board of Directors and all
members of the Board of Commissioners serving during the relevant financial year and
shall be made available at the company’s office from the date of the GMS invitation for
inspection by shareholders (Company Law).
Profile of Issuer or Public Company
The profile of the Issuer or Public Company shall at least contain the following information:
Name of the Issuer or Public Company, including any change of name, the reason for the
1. 67-68
change, and the effective date of the name change during the financial year.
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HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
REFERENCE TO SEOJK NO. 16/POJK.04/2021 REGARDING
THE FORM AND CONTENT OF REPORTS OF ISSUERS
OR PUBLIC COMPANIES
DESCRIPTION PAGE
Access to Issuers or Public Companies including branch offices or representative offices
that allowed the public to obtain information about Issuers or Public Companies,
including:
2. a) Address; 67-68
b) Telephone number;
c) Electronic mail address; and
d) Website address.
Brief history of the Issuer or Public Company;
It included: date/year of establishment, name, change of company name (if any), and
3. 70-71
effective date of change of company name.
Note: if the company had never changed its name, it should be disclosed.
Vision and mission of Issuer or Public Company and its corporate culture or values; 74-75
Vision and explanation of the Vision. 74-75
4.
Mission and explanation of the Mission. 74-75
Corporate Culture. 74-75
Business activities according to the latest article of association, business activities
5. 76-85
conducted within the financial year, and type of goods and/or services.
Operational area of Issuer or Public Company; operational area is an area or region for
6. carrying out operational 86-96
activities or the range of operational activities.
The organizational structure of the Issuer or Public Company in the form of a chart, at
least up to the structure of 1 (one) level below the Board of Directors including committees
7. 98-99
under the Board of Directors (if any) and committees under the Board of Commissioners,
accompanied by names and positions.
List of industry association memberships both on a national and international scale
8. 97
related to the implementation of sustainable finance.
Profile of the Board of Commissioners, at least contained:
a) Name and position;
b) Recent photos;
c) Age;
d) Citizenship;
e) Educational history and/or certification;
f) Position history, including information on:
1) Legal basis for appointment as member of the Board of Commissioners;
2) The legal basis for the first appointment as a member of the Board of
Commissioners who was an independent commissioner of the Issuer or Public
Company concerned;
3) Concurrent positions, either as a member of the Board of Commissioners,
9. 100-109
member of the Board of Directors, and/or committee member as well as other
positions both inside and outside the Issuer or Public Company. In the event that
a member of the Board of Commissioners did not have concurrent positions, then
this should be disclosed;
4) Work experience and period of time both inside and outside the Issuer or Public
Company;
g) Affiliation with other members of the Board of Commissioners, major shareholders,
and controllers, either directly or indirectly, to individual owners, including names of
affiliated parties; In the event that a member of the Board of Commissioners had no
affiliation, the Issuer or Public Company should disclose this matter;
h) Statement of independence of the independent commissioner in the event that the
independent commissioner had served more than 2 (two) terms; and
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
REFERENCE TO SEOJK NO. 16/POJK.04/2021 REGARDING
THE FORM AND CONTENT OF REPORTS OF ISSUERS
OR PUBLIC COMPANIES
DESCRIPTION PAGE
i) Changes in the composition of the members of the Board of Commissioners and the
reasons for the changes. In the event that there was no change in the composition of
the members of the Board of Commissioners, this matter should be disclosed.
Profile of the Board of Directors, at least contained:
a) Name and position in accordance with the duties and responsibilities;
b) Recent photos;
c) Age;
d) Citizenship;
e) Educational history and/or certification;
f) Position history, including information on:
1) The legal basis for appointment as a member of the Board of Directors of the
Issuer or Public Company concerned;
2) Concurrent positions, either as a member of the Board of Directors, member
of the Board of Commissioners, and/or committee member as well as other
positions both inside and outside the Issuer or Public Company. In the event that
10. 110-119
a member of the Board of Directors does not have concurrent positions, then this
was disclosed; and
3) Work experience and period of time both inside and outside the Issuer or Public
Company;
g) Affiliation with other members of the Board of Directors, members of the Board of
Commissioners, major shareholders, and controllers either directly or indirectly to
individual owners, including names of affiliated parties. In the event that a member
of the Board of Directors had no affiliation, the Issuer or Public Company should
disclose this matter; and
h) Changes in the composition of the members of the Board of Directors and the
reasons for the changes. In the event that there was no change in the composition of
the members of the Board of Directors, this matter should be disclosed.
In the event there is a change in the composition of members of the Board of Directors
and/or members of the Board of Commissioners occurring after the financial year-end
11. until the deadline for submission of the Annual Report, the composition presented in the 120-121
Annual Report shall reflect both the latest and the previous composition of the Board of
Directors and/or Board of Commissioners.
Number of employees by gender, position, age, education level, and employment
12. status (permanent/contracted) in the financial year; Disclosure of information could be 134-135
presented in tabular form.
Name of shareholders and percentage of ownership at the beginning and end of the
financial year consisted of information regarding:
a) Shareholders owning 5% (five percent) or more shares of the Issuer or Public Company;
b) Members of the Board of Directors and members of the Board of Commissioners
owning shares of Issuers or Public Companies. In the event that all members of the
13. 139-140
Board of Directors and/or all members of the Board of Commissioners did not own
shares, then this matter should be disclosed;
c) Community shareholder group, namely the group of shareholders who each owned
less than 5% (five percent) of the shares of the Issuer or Public Company; The above
information could be presented in tabular form.
Percentage of indirect ownership of shares of Issuers or Public Companies by members
of the Board of Directors and members of the Board of Commissioners at the beginning
and end of the financial year, including information on shareholders registered in the
shareholder register for the benefit of indirect ownership of members of the Board of
14. 140-142
Directors and members of the Board of Commissioners;
In the event that all members of the Board of Directors and/or all members of the Board
of Commissioners did not have indirect ownership of the shares of the Issuer or Public
Company, this matter should be disclosed.
ANNUAL REPORT 2025
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HIGHLIGHTS MANAGEMENT REPORTS COMPANY PROFILE MANAGEMENT DISCUSSION & ANALYSIS
REFERENCE TO SEOJK NO. 16/POJK.04/2021 REGARDING
THE FORM AND CONTENT OF REPORTS OF ISSUERS
OR PUBLIC COMPANIES
DESCRIPTION PAGE
Number of shareholders and percentage of ownership at the end of the financial year
based on classification:
a) ownership of local institutions;
15. 142
b) ownership of foreign institutions;
c) local individual ownership; and
d) foreign individual ownership;
Information regarding the main and controlling shareholders of the Issuer or Public
16. Company, either directly or indirectly, to the individual owners presented in the form of 143
a scheme or chart;
The name of the subsidiary, associated company, joint venture company where the Issuer
or Public Company had joint control of the entity (if any), along with the percentage of
17. share ownership, line of business, total assets, and operating status of the subsidiary, 144
associated company, joint venture company.
For a subsidiary, information about the address of the subsidiary was added.
Chronology of share listing, number of shares, nominal value, and offering price from
the beginning of listing to the end of the financial year as well as the name of the stock
exchange where the shares of the Issuer or Public Company were listed, including stock
18. 145
splits, reverse stock, stock dividends, bonus shares, and changes in the nominal value of
shares, implementation of conversion effects, implementation of capital additions and
subtractions (if any);
Information on other listed securities in addition to the securities referred to in item 18),
which have not matured during the financial year, shall at least include the name of
19. 146
the security, year of issuance, interest rate/yield, maturity date, offering value, and credit
rating (if any).
Information on the use of public accounting services (AP) and public accounting firms
(KAP) and their networks/associations/ allies included:
a) name and address;
b) assignment period;
c) information on audit and/or non-audit services provided;
20. 147
d) audit and/or non-audit fees for each assignment given during the financial year; and
e) in the event that AP and KAP and their networks/ associations/allies, which are
appointed do not provide non-audit services, then the information is disclosed.
disclosure of information on the use of AP and KAP services and their networks/
associations/allies could be presented in tabular form.
Name and address of capital market supporting institutions and/or professions other
21. 148-149
than AP and KAP.
Management Discussion and Analysis
Management discussion and analysis includes analysis and discussion of financial reports and other important
information with an emphasis on material changes that occurred in the financial year, which at least contains:
Operational review per business segment according to the type of industry of the Issuer
or Public Company, at least regarding:
1. a) production, which includes the process, capacity, and development; 188-201
b) revenue/sales; and
c) profitability
Comprehensive financial performance, including a comparison of financial performance
over the last 2 (two) financial years, an explanation of the causes of changes and their
impacts, shall at least cover:
a) current assets, non-current assets, and total assets;
2. b) short-term liabilities, long-term liabilities and total liabilities; 202-220
c) equity;
d) income/ sales, beban, profit (loss), other comprehensive income, and Total
comprehensive profit (loss); and
e) cash flow;
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OR PUBLIC COMPANIES
DESCRIPTION PAGE
3. The ability to meet debt or other obligations by presenting relevant ratio calculations.
The collectability level of receivables of the Issuer or Public Company by presenting
4. 221-223
relevant ratio calculations.
Capital structure and management policy over such capital structure, including the basis
5. 226-229
for determining the policy.
Discussion of material commitments for capital expenditure investments, at a minimum
including:
a) the purpose of the bond;
6. b) the expected source of funds to fulfill these commitments; 229
c) currency to be denominated; and
d) measures planned by the Issuer or Public Company to protect the risk from the
related foreign currency position.
Discussion on investment in capital goods realized in the last financial year, at least
containing:
7. a) the purpose of the bond; 229
b) the purpose of investment in capital goods; and
c) the investment value of capital goods issued
8. Material information and facts occurring after the date of the accountant’s report (if any). 232
The business prospects of the Issuer or Public Company are related to industrial
9. conditions, the general economy and the international market accompanied by 232
quantitative supporting data from reliable data sources.
Comparison between targets/projections at the beginning of the year book with the
results achieved (realization), regarding:
a) revenue/sales;
10. 232-235
b) profit (loss);
c) capital structure;
d) other matters deemed important to the Issuer or Public Company.
Targets/projections to be achieved by the Issuer or Public Company for the next 1 (one)
year, about:
a) revenue/sales;
11. b) profit (loss); 236-239
c) capital structure;
d) dividend Policy; or
a) other matters deemed important to the Issuer or Public Company.
The marketing aspect of the goods and/or services of the Issuer or Public Company, at
12. 174-179
least regarding the marketing strategy and market share.
Description of dividends for 2 (two) financial years last, at least:
a) Dividend policy contained information of the percentage of total dividends distributed
to net income;
b) Date of payment of cash dividends and/or date of distribution of non-cash dividends;
13. c) Total dividends per share (cash and/or non-cash); 240
d) the amount of dividends per year paid.
Disclosure of information may be presented in tabular form. In the event that the Issuer
or Public Company did not distribute dividends in the last two (2) years, such fact shall
be disclosed.
Realization of the use of proceeds from public offerings, provided that:
a) if during the financial year the Issuer is required to submit a report on the realization
of use of proceeds, the cumulative realization of use of proceeds up to the end of the
14. financial year shall be disclosed; and 240-241
b) if there are changes in the use of proceeds as regulated under the Financial Services
Authority Regulation concerning reports on the realization of use of proceeds from
public offerings, the Issuer shall explain such changes.
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OR PUBLIC COMPANIES
DESCRIPTION PAGE
Material information (if any), including but not limited to investment, expansion,
divestment, merger/consolidation, acquisition, debt/capital restructuring, material
transactions, affiliated transactions, and conflict of interest transactions occurring during
the financial year, shall at least include:
a) transaction date, value, and object;
b) name of the party conducting the transaction;
c) the nature of the affiliation relationship (if any);
d) explanation regarding the fairness of the transaction;
e) compliance with the relevant provisions;
f) in the event that there was an affiliation relationship, in addition to disclosing the
information as referred to in number a) to number e), the Issuer or Public Company
also disclosed information:
•• Statement of the Board of Directors that affiliated transactions had gone through
adequate procedures to ensure that affiliated transactions were carried out
in accordance with generally accepted business practices, among others, by
complying with the arms-length principle; and
•• The role of the Board of Commissioners and the audit committee in carrying out
15. adequate procedures to ensure that affiliated transactions were carried out in
accordance with generally accepted business practices, among others, is carried
out by complying with the arms-length principle;
g) for affiliated transactions or material transactions which became business activities
carried out in order to generate business income and are carried out regularly,
repeatedly, and/or continuously, an explanation was added that the affiliated
transactions or material transactions were business activities carried out in order to
generate operating income and run regularly, repeatedly, and/or continuously; In the
event that the affiliated transactions or material transactions referred to have been
disclosed in the annual financial statements, additional information regarding the
disclosure reference in the annual financial statements was added.
h) for disclosure of affiliated transactions and/or conflict of interest transactions
resulting from the implementation of affiliated transactions and/or conflict of interest
transactions that have been approved by independent shareholders, additional
information regarding the date of the GMS which approved the affiliated transactions
and/or conflict of interest transactions is added;
i) in the event that there was no affiliated transaction and/ or conflict of interest
transaction, this matter should be disclosed.
Changes in laws and regulations that have a significant impact on the Issuer or Public
16. 252-255
Company and their impact on the financial statements (if any); and
17. Changes in accounting policies, Reasons for changes in accounting policies (if any). 256
Tata Kelola Emiten atau Perusahaan Publik
Governance of the Issuer or Public Company shall at least include a brief description of:
RUPS, at least contained:
a) information regarding the resolutions of the GMS in the financial year and 1 (one) year
before the financial year included:
1) resolutions of the GMS in the financial year and 1 (one) year before the financial
1. year are realized in the financial year; and 236-343
2) resolutions of the GMS for the financial year and 1 (one) year before the financial
year that have not been realized and the reasons for not realizing them;
c) in the event that the Issuer or Public Company uses an independent party in the
conduct of the GMS to calculate the votes, then this matter shall be disclosed.
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OR PUBLIC COMPANIES
DESCRIPTION PAGE
The Board of Directors, at least contained:
a) duties and responsibilities of each member of the Board of Directors
information regarding the duties and responsibilities of each member of the Board of
Directors is described and can be presented in tabular form.
b) a statement that the Board of Directors had guidelines or charter for the Board of
Directors;
c) policy and implementation of the frequency of meetings of the Board of Directors,
meetings of the Board of Directors with the Board of Commissioners, and the level
of attendance of members of the Board of Directors in the meeting including
attendance at the GMS;
information on the level of attendance of members of the Board of Directors at the
meeting of the Board of Directors, the meeting of the Board of Directors with the
Board of Commissioners, or the GMS can be presented in tabular form.
d) training and/or competency improvement of members of the Board of Directors:
2. 443-480
1) policy on training and/or improving the competence of members of the Board of
Directors, including an orientation program for newly appointed members of the
Board of Directors (if any); and
2) training and/or competency improvement attended by members of the Board of
Directors in the financial year (if any);
e) the Board of Directors’ assessment of the performance of the committees supporting
the implementation of the Board of Directors’ duties for the financial year shall at
least contain:
1) performance appraisal procedures; and
2) the criteria used were performance achievements during the financial year,
competence and attendance at meetings; and
f) in the event that the Issuer or Public Company did not have a committee that
supports the implementation of the duties of the Board of Directors, then this should
be disclosed.
The Board of Commissioners, at least contained:
a) duties and responsibilities of the Board of Commissioners;
b) a statement that the Board of Commissioners had guidelines or charter for the Board
of Commissioners;
c) policy and implementation of the frequency of meetings of the Board of
Commissioners, meetings of the Board of Commissioners with the Board of Directors
and the level of attendance of members of the Board of Commissioners in these
meetings, including attendance at the GMS;
d) information on the level of attendance of members of the Board of Commissioners
at the meeting of the Board of Commissioners, the meeting of the Board of
Commissioners with the Board of Directors, or the GMS can be presented in tabular
form.
3. 344-379
1) training and/or competency improvement of members of the Board of
Commissioners:
2) policies on training and/or improving the competence of members of the Board
of Commissioners, including orientation programs for newly appointed members
of the Board of Commissioners (if any); and
e) performance appraisal of the Board of Directors and the Board of Commissioners as
well as each member of the Board of Directors and the Board of Commissioners, at
least containing:
1) performance appraisal implementation procedures;
2) the criteria used were performance achievements during the financial year,
competence and attendance at meetings; and
3) the party conducting the assessment; and
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OR PUBLIC COMPANIES
DESCRIPTION PAGE
f) The assessment of the Board of Commissioners on the performance of the Committees
that support the implementation of the duties of the Board of Commissioners in the
financial year includes:
1) performance appraisal procedures; and
2) the criteria used are performance achievements during the financial year,
competence and attendance at meetings;
Nomination and remuneration of the Board of Directors and the Board of Commissioners,
at least it contained:
a) the nomination procedure, including a brief description of the nomination policies
and processes for members of the Board of Directors and/or members of the Board
of Commissioners; and
b) Procedures and implementation of remuneration for the Board of Directors and the
4. Board of Commissioners, including: 380
1) procedures for determining remuneration for the Board of Directors and the
Board of Commissioners;
2) the remuneration structure of the Board of Directors and the Board of
Commissioners such as salary, allowances, tantiem/bonus and others; and
3) the amount of remuneration for each member of the Board of Directors and
member of the Board of Commissioners;
The Sharia Supervisory Board, for Issuers or Public Companies conducting business
activities based on sharia principles as stated in the articles of association, which shall at
least include:
a) name;
5. b) legal basis for the appointment of the Sharia Supervisory Board; 428-442
c) term of office of the Sharia Supervisory Board;
d) duties and responsibilities of the Sharia Supervisory Board; and
e) frequency and manner of providing advice and supervision over compliance with
sharia principles in the capital market by the Issuer or Public Company.
Audit committee, at least it contained:
a) name and position in committee membership;
b) age;
c) nationality;
d) educational history;
e) position history, including information on:
1) legal basis for appointment as committee member;
2) concurrent positions, either as a member of the board of commissioners, member
of the board of directors, and/or committee member and other positions (if any);
and
6. 396-406
3) Work experience and period of time both inside and outside the issuer or public
company;
f) period and term of office of audit committee members;
g) Statement of independence of the audit committee;
h) training and/or competency improvement that have been followed in the financial
year (if any);
i) policy and implementation of the frequency of audit committee meetings and the
level of attendance of audit committee members at the meeting; and
j) implementation of the audit committee’s activities for the financial year in accordance
with the guidelines or charter of the audit committee;
Committee or function of nomination and remuneration Issuers or Public Companies, at
least it contained:
a) name and position in committee membership;
7
b) age;
c) nationality;
d) educational history;
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OR PUBLIC COMPANIES
DESCRIPTION PAGE
e) position history, including information on:
1) legal basis for appointment as committee member;
2) concurrent positions, either as a member of the Board of Commissioners, member
of the Board of Directors, and/or committee member and other positions (if any);
and
3) Work experience and period of time both inside and outside the Issuer or Public
Company;
f) the period and term of office of the committee members;
g) committee independence statement;
h) training and/or competency improvement that have been followed in the financial
7. year (if any); 407-415
i) description of duties and responsibilities;
j) a statement of having a guideline or charter (charter);
k) policy and implementation of the frequency of meetings and the level of attendance
of members at the meeting;
l) brief description of the implementation of activities in the financial year; and
m) in the event that no nomination and remuneration committee is formed, the Issuer
or Public company is sufficient to disclose the information as referred to in letter i) to
letter l) and disclose:
1) reasons for not forming the committee; and
2) the party carrying out the nomination and remuneration function;
Other committees owned by the Issuer or Public Company in order to support
the functions and duties of the Board of Directors (if any) and/or committees that
supported the functions and duties of the Board of Commissioners, at least it contained:
a) name and position in committee membership;
b) age;
c) nationality;
d) educational history;
e) position history, including information on:
1) legal basis for appointment as committee member;
2) Concurrent positions, either as a member of the board of commissioners,
member of the board of directors, and/or committee member and other
8. 416-426
positions (if any); and
3) work experience and period of time both inside and outside the issuer or public
company;
f) the period and term of office of the committee members;
g) committee independence statement;
h) training and/or competency improvement followed in the financial year (if any); and
i) description of duties and responsibilities;
j) a statement that the committee has had guidelines or charters;
k) Policy and implementation of the frequency of committee meetings and the level
of attendance of committee members at the meeting; and
l) Brief description of the committee’s activities for the financial year;
Company secretary, at least it contained:
a) name and position in committee membership;
b) domicile;
c) position history, including:
1) legal basis for appointment as company secretary; and
9. 2) work experience and period of time both inside and outside the issuer or public 496-512
company;
d) educational history;
e) training and/or competency improvement that was followed in the financial year; and
f) a brief description of the implementation of the duties of the corporate secretary for
the financial year;
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OR PUBLIC COMPANIES
DESCRIPTION PAGE
Internal Audit, at least it contained:
a) name of the head of the internal audit;
b) position history, including:
1) legal basis for appointment as head of internal audit; and
2) work experience and period of time both inside and outside the issuer or public
company;
c) qualification or certification as an internal audit profession (if any);
10. 517-525
d) training and/or competency improvement that was followed in the financial year;
e) the structure and position of the internal audit;
f) description of duties and responsibilities;
g) a statement that the internal audit unit had a guideline or charter; and
h) a brief description of the implementation of the internal audit’s duties for the financial
year including the policy and implementation of the frequency of meetings with the
board of directors, board of commissioners, and/ or audit committee;
A description of the internal control system implemented by the issuer or public company,
at least it contained:
a) financial and operational control, as well as compliance with other laws and
11. regulations; 526-529
b) review of the effectiveness of the internal control system; and
c) statement of the Board of Directors and/or Board of Commissioners on the adequacy
of the internal control system;
The risk management system implemented by the Issuer or Public Company, at least it
contained:
a) general description of the risk management system of the Issuer or Public Company;
b) types of risks and how to manage them;
12. 530-533
c) overview of the effectiveness of the risk management system Issuer or Public
Company; and
d) statement of the Board of Directors and/or the Board of Commissioners or the audit
committee on the adequacy of the risk management system;
PLegal cases that have a material impact faced by the issuer or public company,
subsidiaries, members of the board of directors and members of the board of
commissioners (if any), at least it contained:
13. 541-543
a) Principal case/lawsuit;
b) Status of settlement of cases/claims; and
c) The effect on the condition of the issuer or public company;
Information on administrative sanctions/ sanctions imposed on issuers or public
companies, members of the board of commissioners and members of the board of
14. 543
directors, by the financial services authority and other authorities in the financial year
(if any)
Information regarding the code of conduct of the Issuer or Public Company:
a) the points of the code of ethics;
b) form of code of conduct dissemination and enforcement efforts; and
15. 545-547
c) statement that the code of conduct applies to members of the Board of Directors,
members of the Board of Commissioners, and employees of the Issuer or Public
Company.
A brief description of the policy of providing long-term performance-based compensation
to management and/or employees owned by the issuer or public company (if any),
including the management stock ownership program (MSOP) and/or stock ownership
16. program by employees (employee Stock ownership program/ESOP); 548
In the case of providing compensation in the form of a management stock ownership
program (MSOP) and/or an employee stock ownership program (ESOP), Information
disclosed should, at least contain:
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OR PUBLIC COMPANIES
DESCRIPTION PAGE
a) Number of shares and/or options;
b) Implementation period;
c) Requirements for eligible employees and/or management; and
d) Execution price or determination of exercise price.
Brief description of Information disclosure policy :
a) Share ownership of members of the board of directors and members of the board of
17. commissioners no later than 3 (three) working days after the occurrence of ownership 141-142
or any change in ownership of shares of a public company; and
b) Implementation of the policy;
Description of the whistleblowing system at the Issuer or Public Company, at least
contain:
How to submit a violation report;
a) Protection for whistleblowers;
b) Handling of complaints;
c) The party managing the complaint; and
18. d) The results of the handling of complaints, at least: 549-551
e) Number of complaints received and processed in the financial year; and
1) Follow-up on complaints;
2) In the event that the issuer or public company did not have a whistleblowing
system, then this should be disclosed.
If the Issuer or Public Company does not have a whistleblowing system, such condition
shall be disclosed.
Description of the Issuer’s or Public Company’s anti-corruption policy, at least contain:
a) Programs and procedures implemented in overcoming the practice of corruption,
kickbacks, fraud, bribery and/ or gratuities in Issuers or Public Companies; and
19. 552-553
b) Anti-corruption training/socialization for employees of Issuers or Public Companies;
In the event that the Issuer or Public Company did not have an anti-corruption policy, the
reasons for not having the said policy should be explained.
PImplementation of Public Company governance guidelines for Issuers issuing equity
securities or Public Companies, including:
a) Statement of recommendations that had been implemented; and/or
20. 301-304
b) Explanation of recommendations that had not been implemented, along with
reasons and alternative implementations (if any).
disclosure of information can be presented in tabular form.
Social and Environmental Responsibility of the Issuer or Public Company
Information disclosed in the social and environmental responsibility section constitutes
the Sustainability Report as referred to in Financial Services Authority Regulation (POJK)
No. 51/POJK.03/2017 concerning the Implementation of Sustainable Finance for Financial
Services Institutions, Issuers, and Public Companies, which shall at least include:
a) explanation of sustainability strategy;
b) overview of sustainability aspects (economic, social, and environmental);
Sustainability
1. c) brief profile of the Issuer or Public Company;
Report
d) statement from the Board of Directors;
e) sustainability governance;
f) sustainability performance;
g) written verification from an independent party, if any;
h) feedback sheet for readers, if any; and
i) response of the Issuer or Public Company to feedback from the previous year’s report.
The Sustainability Report as referred to in item 1) must be prepared in accordance with
the Technical Guidelines for the Preparation of Sustainability Reports for Issuers and Sustainability
2.
Public Companies as set out in Appendix II, which forms an integral part of this Financial Report
Services Authority Circular Letter.
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OR PUBLIC COMPANIES
DESCRIPTION PAGE
IThe Sustainability Report information referred to in item 1) may:
a) be disclosed in other relevant sections outside the social and environmental
responsibility section, such as the Board of Directors’ explanation related to the
Sustainability Report disclosed in the relevant section of the Board of Directors’
Report; and/or Sustainability
3.
b) refer to other sections outside the social and environmental responsibility section Report
while still referring to the Technical Guidelines for the Preparation of Sustainability
Reports for Issuers and Public Companies as set out in Appendix II, which forms an
integral part of this Financial Services Authority Circular Letter, such as the profile of
the Issuer or Public Company.
The Sustainability Report as referred to in item 1) constitutes an integral part of the Sustainability
4.
Annual Report but may be presented separately from the Annual Report. Report
If the Sustainability Report is presented separately from the Annual Report, the
information disclosed in such Sustainability Report must:
a) contain all information as referred to in item 1); and Sustainability
5.
b) be prepared in accordance with the Technical Guidelines for the Preparation of Report
Sustainability Reports for Issuers and Public Companies as set out in Appendix II,
which forms an integral part of this Financial Services Authority Circular Letter.
If the Sustainability Report is presented separately from the Annual Report, the social
and environmental responsibility section shall state that the information on social and Sustainability
6.
environmental responsibility has been disclosed in a Sustainability Report presented Report
separately from the Annual Report.
Submission of the Sustainability Report presented separately from the Annual Report Sustainability
7.
must be made simultaneously with the submission of the Annual Report. Report
Audited Annual Financial Statements
The annual financial statements presented in the Annual Report are prepared in
accordance with Indonesian Financial Accounting Standards and have been audited
by a public accountant registered with the Financial Services Authority (OJK). The
financial statements include a statement of responsibility for the financial statements as
1. 646
stipulated in the Financial Services Authority Regulation concerning the responsibility of
the Board of Directors for financial statements, or in the prevailing laws and regulations
in the capital market sector governing periodic reports of securities companies, in the
event that the Issuer is a securities company.
Statement Letter of Members of the Board of Directors and Members of the Board of Commissioners on
Responsibility for the Annual Report
The statement letter of members of the Board of Directors and members of the Board
of Commissioners regarding responsibility for the Annual Report shall be prepared in
1. 64-65
accordance with the format set out in Appendix I, which forms an integral part of this
Financial Services Authority Circular Letter.
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CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 2025 FINANCIAL STATEMENT
INDEX SEOJK
FINANCIAL
REPORT
ANNUAL REPORT 2025
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PT Bank Syariah Indonesia Tbk Laporan keuangan tanggal 31 Desember 2025 dan untuk tahun yang berakhir pada tanggal tersebut beserta laporan auditor independen/ Financial statements as of December 31, 2025 and for the year then ended with independent auditors’ report
Page 649
Page 650
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN KEUANGAN FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2025 AS OF DECEMBER 31, 2025
DAN UNTUK TAHUN YANG BERAKHIR PADA AND FOR THE YEAR THEN ENDED
TANGGAL TERSEBUT WITH INDEPENDENT AUDITOR'S REPORT
BESERTA LAPORAN AUDITOR INDEPENDEN
Daftar Isi Table of Contents
Halaman/
Page
Laporan Auditor Independen Independent Auditor’s Report
Laporan Posisi Keuangan ........................................ 1-4 ...…………………. Statement of Financial Position
Laporan Laba Rugi dan Penghasilan Komprehensif Statement of Profit or Loss
Lain ...................................................................... 5 ..................... and Other Comprehensive Income
Laporan Perubahan Ekuitas ...................................... 6 ............................. Statement of Changes in Equity
Laporan Arus Kas ....................................................... 7-8 .......................................... Statement of Cash Flows
Laporan Rekonsiliasi Pendapatan dan Bagi Statement of Reconciliation of Income
Hasil .................................................................... 9 .......................................... and Revenue Sharing
Laporan Sumber dan Penyaluran Statement of Sources and Distribution of
Dana Zakat ........................................................... 10 ......................................................... Zakat Funds
Laporan Sumber dan Penggunaan Dana Statement of Sources and Uses of
Kebajikan ............................................................ 11 ......................................... Qardhul Hasan Funds
Catatan atas Laporan Keuangan ............................... 12 - 169 ……….…………... Notes to the Financial Statement
****************************
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The original report included herein is in
the Indonesian language.
Laporan Auditor Independen Independent Auditor’s Report
Laporan No. 00021/2.1505/AU.1/07/0242- Report No. 00021/2.1505/AU.1/07/0242-
1/1/II/2026 1/1/II/2026
Pemegang Saham, Dewan Komisaris, dan The Shareholders and the Boards of
Direksi Commissioners and Directors
PT Bank Syariah Indonesia Tbk PT Bank Syariah Indonesia Tbk
Opini Opinion
Kami telah mengaudit laporan keuangan PT Bank We have audited the accompanying financial
Syariah Indonesia Tbk (“Bank”) terlampir, yang statements of PT Bank Syariah Indonesia Tbk (the
terdiri dari laporan posisi keuangan tanggal “Bank”), which comprise the statement of financial
31 Desember 2025, serta laporan laba rugi dan position as of December 31, 2025, and the
penghasilan komprehensif lain, laporan statement of profit or loss and other
perubahan ekuitas, laporan arus kas, laporan comprehensive income, statement of changes in
rekonsiliasi pendapatan dan bagi hasil, laporan equity, statement of cash flows, statement of
sumber dan penyaluran dana zakat, dan laporan reconciliation of income and revenue sharing,
sumber dan penggunaan dana kebajikan untuk statement of sources and distribution of zakat
tahun yang berakhir pada tanggal tersebut, serta funds, and statement of sources and uses of
catatan atas laporan keuangan, termasuk qardhul hasan funds for the year then ended, and
informasi kebijakan akuntansi material. notes to the financial statements, including
material accounting policy information.
Menurut opini kami, laporan keuangan terlampir In our opinion, the accompanying financial
menyajikan secara wajar, dalam semua hal yang statements present fairly, in all material respects,
material, posisi keuangan Bank tanggal the financial position of the Bank as of December
31 Desember 2025, serta kinerja keuangan, arus 31, 2025, and its financial performance, cash
kas, rekonsiliasi pendapatan dan bagi hasil, flows, reconciliation of income and revenue
sumber dan penyaluran dana zakat, sumber dan sharing, sources and distribution of zakat funds
penggunaan dana kebajikannya untuk tahun yang and sources and uses of qardhul hasan funds for
berakhir pada tanggal tersebut, sesuai dengan the year then ended, in accordance with Indonesian
Standar Akuntansi Keuangan di Indonesia. Financial Accounting Standards.
i
KAP Purwanto Susanti dan Surja
Registered Public Accountants KMK No. 69/MK/SK/2025
A member firm of Ernst & Young Global Limited
Page 652
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00021/2.1505/AU.1/07/0242- Report No. 00021/2.1505/AU.1/07/0242-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Basis opini Basis for opinion
Kami melaksanakan audit kami berdasarkan We conducted our audit in accordance with
Standar Audit yang ditetapkan oleh Institut Standards on Auditing established by the
Akuntan Publik Indonesia (“IAPI”). Tanggung Indonesian Institute of Certified Public Accountants
jawab kami menurut standar tersebut diuraikan (“IICPA”). Our responsibilities under those
lebih lanjut dalam paragraf Tanggung Jawab standards are further described in the Auditor’s
Auditor terhadap Audit atas Laporan Keuangan Responsibilities for the Audit of the Financial
pada laporan kami. Kami independen terhadap Statements paragraph of our report. We are
Bank berdasarkan ketentuan etika yang relevan independent of the Bank in accordance with the
dalam audit kami atas laporan keuangan di ethical requirements relevant to our audit of the
Indonesia, dan kami telah memenuhi tanggung financial statements in Indonesia, and we have
jawab etika lainnya berdasarkan ketentuan fulfilled our other ethical responsibilities in
tersebut. Kami yakin bahwa bukti audit yang telah accordance with such requirements. We believe
kami peroleh adalah cukup dan tepat untuk that the audit evidence we have obtained is
menyediakan suatu basis bagi opini kami. sufficient and appropriate to provide a basis for our
opinion.
Hal audit utama Key audit matters
Hal audit utama adalah hal-hal yang, menurut Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal professional judgment, were of most significance
yang paling signifikan dalam audit kami atas in our audit of the financial statements of the
laporan keuangan periode kini. Hal audit utama current period. Such key audit matters were
tersebut disampaikan dalam konteks audit kami addressed in the context of our audit of the
atas laporan keuangan secara keseluruhan, dan financial statements taken as a whole, and in
dalam merumuskan opini kami atas laporan forming our opinion thereon, and we do not
keuangan terkait, dan kami tidak menyatakan provide a separate audit opinion on such key audit
suatu opini terpisah atas hal audit utama matters. For the key audit matter below, our
tersebut. Untuk hal audit utama di bawah ini, description of how our audit addressed such key
penjelasan kami tentang bagaimana audit kami audit matter is provided in such context.
merespons hal tersebut disampaikan dalam
konteks tersebut.
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A member firm of Ernst & Young Global Limited
Page 653
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00021/2.1505/AU.1/07/0242- Report No. 00021/2.1505/AU.1/07/0242-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Hal audit Utama (lanjutan) Key audit matters (continued)
Kami telah memenuhi tanggung jawab yang We have fulfilled the responsibilities described in
diuraikan dalam paragraf Tanggung Jawab the Auditor’s Responsibilities for the Audit of the
Auditor terhadap Audit atas Laporan Keuangan Financial Statements paragraph of our report,
pada laporan kami, termasuk sehubungan including in relation to the key audit matter
dengan hal audit utama yang dikomunikasikan di communicated below. Accordingly, our audit
bawah ini. Oleh karena itu, audit kami mencakup included the performance of procedures designed
pelaksanaan prosedur yang didesain untuk to respond to our assessment of the risks of
merespons penilaian kami atas risiko kesalahan material misstatement of the accompanying
penyajian material dalam laporan keuangan financial statements. The results of our audit
terlampir. Hasil prosedur audit kami, termasuk procedures, including the procedures performed
prosedur yang dilakukan untuk merespons hal to address the key audit matter below, provide the
audit utama di bawah ini, memberikan dasar bagi basis for our opinion on the accompanying
opini audit kami atas laporan keuangan terlampir. financial statements.
Penyisihan kerugian penurunan nilai atas aset- Allowance for impairment losses of financial assets
aset keuangan
Penjelasan atas hal audit utama: Description of the key audit matter:
Seperti yang dijelaskan dalam Catatan 9,10 dan As described in Notes 9, 10 and 11 to the
11 atas laporan keuangan terlampir, pada accompanying financial statements, as of
tanggal 31 Desember 2025, total aset-aset December 31, 2025, the Bank’s financial assets
keuangan Bank yang disajikan sebagai piutang, presented as receivables, funds of qardh and
pinjaman qardh dan pembiayaan adalah sebesar financing was totaling Rp314.98 trillion and the
Rp314,98 triliun dengan penyisihan kerugian related allowance for impairment losses was
penurunan nilai terkait sebesar Rp10,98 triliun. amounting to Rp10.98 trillion.
Dalam mengestimasi jumlah penyisihan kerugian In estimating the allowance for impairment losses
penurunan nilai atas aset-aset keuangan tersebut on the aforementioned financial assets, the Bank
di atas, Bank menggunakan model keuangan utilized a complex financial model involving key
yang kompleks berdasarkan asumsi-asumsi assumptions that required significant
utama yang ditentukan dengan tingkat management judgment and estimates.
pertimbangan dan estimasi yang signifikan dari
manajemen.
Penyisihan penurunan nilai aset-aset keuangan The allowance for impairment losses on these
ini adalah hal audit utama bagi kami karena total financial assets is a key audit matter for us, as
aset-aset keuangan ini setelah dikurangi these financial assets deducted by allowance for
penyisihan penurunan nilai mewakili 67% dari impairment losses represent 67% of the Bank’s
total aset Bank adalah material bagi laporan total assets, is material to the accompanying
keuangan terlampir dan proses estimasinya financial statements, and its estimation process
memerlukan pertimbangan dan estimasi involves significant management’s judgment and
signifikan dari manajemen. estimates.
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A member firm of Ernst & Young Global Limited
Page 654
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00021/2.1505/AU.1/07/0242- Report No. 00021/2.1505/AU.1/07/0242-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Hal audit Utama (lanjutan) Key audit matters (continued)
Penyisihan kerugian penurunan nilai atas aset- Allowance for impairment losses of financial assets
aset keuangan (lanjutan) (continued)
Respons audit: Audit response:
Kami mengevaluasi dan menguji rancangan dan We evaluated and assessed the design and
efektivitas pengendalian utama atas proses operating effectiveness of key controls over the
pemberian aset-aset keuangan ini, segmentasi, origination of these financial assets, and their
penilaian kualitasnya dan penilaian internal secara segmentation, regular internal assessment of
regular, serta pencatatan dan pengawasannya. quality, and recording and monitoring. We gained
Kami memperoleh pemahaman atas metodologi understanding over methodologies and financial
dan model keuangan yang digunakan untuk model used to estimate the allowance for
mengestimasi penyisihan penurunan nilai atas impairment loss of these financial assets, and
aset-aset keuangan ini, serta melakukan validasi validated inputs, bases, and key assumptions used
atas data masukan, dasar dan asumsi utama yang in the financial model by comparing to the Bank’s
digunakan dalam model keuangan tersebut historical data. We also tested the objective
dengan membandingkan ke data historis Bank. evidence of impairment by reviewing conditions
Kami juga menguji bukti objektif adanya that reflect the deterioration of credit risk both for
penurunan nilai dengan mereview kondisi-kondisi collective portfolio and individual financing.
yang mencerminkan pemburukan risiko kredit
baik secara portfolio kolektif maupun pembiayaan
individual.
Kami melakukan evaluasi atas perhitungan hari We reviewed the calculation of days past due for
tunggakan atas seluruh aset-aset keuangan ini the population of these financial assets as well as
dan rasio realisasi bagi hasil terhadap proyeksi profit sharing realization to projected profit
bagi hasil atas seluruh pembiayaan mudharabah sharing ratio for mudharabah and musyarakah
dan musyarakah dan menilai kolektibilitasnya financing and assess their collectability on
berdasarkan sampel sesuai dengan Peraturan sampling basis based on the prevailing Financial
Otoritas Jasa Keuangan (POJK) No. Services Authority Regulation (POJK) No.
2/POJK.03/2022 “Penilaian Kualitas Aset Bank 2/POJK.03/2022 “Asset Quality Ratings for Sharia
Umum Syariah dan Unit Usaha Syariah”. Kami Bank and Sharia Business Unit”. We also assessed
juga menguji konsistensi antara pengalaman consistency of historical financing loss experience
historis kerugian pembiayaan dan kondisi kualitas and the current financing quality circumstances
portofolio sekarang dibandingkan dengan compared with recent losses in the financing
kerugian terkini pada portfolio pembiayaan. portfolios.
iv
A member firm of Ernst & Young Global Limited
Page 655
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00021/2.1505/AU.1/07/0242- Report No. 00021/2.1505/AU.1/07/0242-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Hal audit Utama (lanjutan) Key audit matters (continued)
Penyisihan kerugian penurunan nilai atas aset- Allowance for impairment losses of financial assets
aset keuangan (lanjutan) (continued)
Respons audit: (lanjutan) Audit response: (lanjutan)
Untuk penyisihan penurunan nilai aset-aset On sample basis, for individually provided
keuangan ini yang ditentukan secara individual, allowance for impairment losses of these financial
atas dasar sampel kami mengevaluasi apakah assets, we assessed if timely identification was
identifikasi dilakukan secara tepat waktu terhadap made for exposures with significant deterioration
eksposur dengan penurunan kualitas kredit yang in credit quality or exposures which have been
signifikan atau yang telah mengalami penurunan impaired. Of these financial assets identified to be
nilai. Untuk aset-aset keuangan tersebut yang impaired, we assessed key assumptions on the
diidentifikasi mengalami penurunan nilai, kami expected future cash flows from operating
menilai kelayakan asumsi-asumsi utama atas arus activities, including the value of realizable
kas masa depan yang akan diterima dari kegiatan collateral based on available market information or
operasi, termasuk nilai jaminan yang dapat valuation prepared by either the management’s
direalisasikan berdasarkan informasi pasar yang expert or the management.
tersedia atau penilaian yang dilakukan baik oleh
pakar manajemen atau manajemen.
Atas dasar sampel, kami menguji akurasi We tested mathematical accuracy of the
perhitungan matematis pada model keuangan calculation of allowance for impairment on a
tersebut di atas dan menilai kecukupan sample basis and we assessed the adequacy of
pengungkapan atas penyisihan penurunan nilai disclosures for these matters in the notes to the
dari aset-aset keuangan ini pada laporan accompanying financial statements. We involved
keuangan terlampir. Kami melibatkan pakar our auditor’s experts in the performance of these
auditor kami dalam melakukan prosedur-prosedur procedures in accordance with their specific
di atas sesuai dengan keahliannya. expertise.
Hal lain Other Matter
Laporan keuangan PT Bank Syariah Indonesia The financial statements of PT Bank Syariah
Tbk tanggal 31 Desember 2024 dan untuk tahun Indonesia as of December 31, 2024 and for the
yang berakhir pada tanggal tersebut, sebelum di year then ended, before reclassification as
reklasifikasi yang di ungkapkan di catatan 55, di disclosed in note 55, were audited by other
audit oleh auditor independen lain dengan independent auditors whose report
laporan No. 00019/2.1457/AU.1/07/0229- No. 00019/2.1457/AU.1/07/0229-1/1/II/2025
1/1/II/2025 tanggal 4 Februari 2025 dated February 4, 2025 expressed an unmodified
menyatakan opini tanpa modifikasian atas opinion in such financial statements.
laporan keuangan tersebut.
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A member firm of Ernst & Young Global Limited
Page 656
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00021/2.1505/AU.1/07/0242- Report No. 00021/2.1505/AU.1/07/0242-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Informasi lain Other information
Manajemen bertanggung jawab atas informasi Management is responsible for the other
lain. Informasi lain terdiri dari informasi yang information. Other information comprises the
tercantum dalam Laporan Tahunan 2025 information included in the 2025 Annual Report
(“Laporan Tahunan”) selain laporan keuangan (the “Annual Report”) other than the
terlampir dan laporan auditor independen kami. accompanying financial statements and our
Laporan Tahunan diharapkan akan tersedia bagi independent auditor’s report thereon. The Annual
kami setelah tanggal laporan auditor independen Report is expected to be made available to us after
ini. the date of this independent auditor’s report.
Opini kami atas laporan keuangan terlampir tidak Our opinion on the accompanying financial
mencakup Laporan Tahunan, dan oleh karena itu, statements does not cover the Annual Report, and
kami tidak menyatakan bentuk keyakinan apapun accordingly, we do not express any form of
atas Laporan Tahunan tersebut. assurance on the Annual Report.
Sehubungan dengan audit kami atas laporan In connection with our audit of the accompanying
keuangan terlampir, tanggung jawab kami financial statements, our responsibility is to read
adalah untuk membaca Laporan Tahunan ketika the Annual Report when it becomes available and,
tersedia dan, dalam melaksanakannya, in doing so, consider whether the Annual Report is
mempertimbangkan apakah Laporan Tahunan materially inconsistent with the accompanying
mengandung ketidakkonsistensian material financial statements or our knowledge obtained in
dengan laporan keuangan terlampir atau the audit, or otherwise appears to be materially
pemahaman yang kami peroleh selama audit, atau misstated.
mengandung kesalahan penyajian material.
Ketika kami membaca Laporan Tahunan, jika kami When we read the Annual Report, if we conclude
menyimpulkan bahwa terdapat suatu kesalahan that there is a material misstatement therein, we
penyajian material di dalamnya, kami diharuskan are required to communicate the matter to those
untuk mengomunikasikan hal tersebut kepada charged with governance and take appropriate
pihak yang bertanggung jawab atas tata kelola actions based on the applicable laws and
dan melakukan tindakan yang tepat berdasarkan regulations.
peraturan perundang-undangan yang berlaku.
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A member firm of Ernst & Young Global Limited
Page 657
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00021/2.1505/AU.1/07/0242- Report No. 00021/2.1505/AU.1/07/0242-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Tanggung jawab manajemen dan pihak yang Responsibilities of management and those
bertanggung jawab atas tata kelola terhadap charged with governance for the financial
laporan keuangan statements
Manajemen bertanggung jawab atas penyusunan Management is responsible for the preparation and
dan penyajian wajar laporan keuangan tersebut fair presentation of the financial statements in
sesuai dengan Standar Akuntansi Keuangan di accordance with Indonesian Financial Accounting
Indonesia, dan atas pengendalian internal yang Standards, and for such internal control as
dianggap perlu oleh manajemen untuk management determines is necessary to enable the
memungkinkan penyusunan laporan keuangan preparation of financial statements that are free
yang bebas dari kesalahan penyajian material, from material misstatement, whether due to fraud
baik yang disebabkan oleh kecurangan maupun or error.
kesalahan.
Dalam penyusunan laporan keuangan, In preparing the financial statements, management
manajemen bertanggung jawab untuk menilai is responsible for assessing the Bank’s ability to
kemampuan Bank dalam mempertahankan continue as a going concern, disclosing, as
kelangsungan usahanya, mengungkapkan, sesuai applicable, matters related to going concern, and
dengan kondisinya, hal-hal yang berkaitan dengan using the going concern basis of accounting, unless
kelangsungan usaha, dan menggunakan basis management either intends to liquidate the Bank or
akuntansi kelangsungan usaha, kecuali to cease its operations, or has no realistic
manajemen memiliki intensi untuk melikuidasi alternative but to do so.
Bank atau menghentikan operasi, atau tidak
memiliki alternatif yang realistis selain
melaksanakannya.
Pihak yang bertanggung jawab atas tata kelola Those charged with governance are responsible for
bertanggung jawab untuk mengawasi proses overseeing the Bank’s financial reporting process.
pelaporan keuangan Bank.
vii
A member firm of Ernst & Young Global Limited
Page 658
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00021/2.1505/AU.1/07/0242- Report No. 00021/2.1505/AU.1/07/0242-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan financial statements
Tujuan kami adalah untuk memeroleh keyakinan Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan about whether the financial statements taken as a
secara keseluruhan bebas dari kesalahan whole are free from material misstatement,
penyajian material, baik yang disebabkan oleh whether due to fraud or error, and to issue an
kecurangan maupun kesalahan, dan untuk independent auditor’s report that includes our
menerbitkan laporan auditor independen yang opinion. Reasonable assurance is a high level of
mencakup opini kami. Keyakinan memadai assurance, but is not a guarantee that an audit
merupakan suatu tingkat keyakinan tinggi, namun conducted in accordance with Standards on
bukan merupakan suatu jaminan bahwa audit Auditing established by the IICPA will always detect
yang dilaksanakan berdasarkan Standar Audit a material misstatement when it exists.
yang ditetapkan oleh IAPI akan selalu mendeteksi Misstatements can arise from fraud or error and
kesalahan penyajian material ketika hal tersebut are considered material if, individually or in the
ada. Kesalahan penyajian dapat disebabkan oleh aggregate, they could reasonably be expected to
kecurangan maupun kesalahan dan dianggap influence the economic decisions of users taken on
material jika, baik secara individual maupun the basis of these financial statements.
agregat, dapat diekspektasikan secara wajar akan
memengaruhi keputusan ekonomi yang diambil
oleh pengguna berdasarkan laporan keuangan
tersebut.
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga:
Mengidentifikasi dan menilai risiko kesalahan Identify and assess the risks of material
penyajian material dalam laporan keuangan, misstatement of the financial statements,
baik yang disebabkan oleh kecurangan whether due to fraud or error, design and
maupun kesalahan, mendesain dan perform audit procedures responsive to such
melaksanakan prosedur audit yang responsif risks, and obtain audit evidence that is
terhadap risiko tersebut, serta memeroleh sufficient and appropriate to provide a basis for
bukti audit yang cukup dan tepat untuk our opinion. The risk of not detecting a material
menyediakan basis bagi opini kami. Risiko misstatement resulting from fraud is higher
tidak terdeteksinya suatu kesalahan than for one resulting from error, as fraud may
penyajian material yang disebabkan oleh involve collusion, forgery, intentional
kecurangan lebih tinggi dari yang disebabkan omissions, misrepresentations, or override of
oleh kesalahan, karena kecurangan dapat internal control.
melibatkan kolusi, pemalsuan, penghilangan
secara sengaja, pernyataan salah, atau
pengabaian atas pengendalian internal.
viii
A member firm of Ernst & Young Global Limited
Page 659
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Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00021/2.1505/AU.1/07/0242- Report No. 00021/2.1505/AU.1/07/0242-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan (lanjutan) financial statements (continued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga:
Memeroleh suatu pemahaman tentang Obtain an understanding of internal control
pengendalian internal yang relevan dengan relevant to the audit in order to design audit
audit untuk mendesain prosedur audit yang procedures that are appropriate in the
tepat sesuai dengan kondisinya, tetapi bukan circumstances, but not for the purpose of
untuk tujuan menyatakan opini atas expressing an opinion on the effectiveness of
keefektivitasan pengendalian internal Bank. the Bank’s internal control.
Mengevaluasi ketepatan kebijakan akuntansi Evaluate the appropriateness of accounting
yang digunakan serta kewajaran estimasi policies used and the reasonableness of
akuntansi dan pengungkapan terkait yang accounting estimates and related disclosures
dibuat oleh manajemen. made by management.
Menyimpulkan ketepatan penggunaan basis Conclude on the appropriateness of
akuntansi kelangsungan usaha oleh management's use of the going concern basis
manajemen dan, berdasarkan bukti audit yang of accounting and, based on the audit evidence
diperoleh, apakah terdapat suatu obtained, whether a material uncertainty exists
ketidakpastian material yang terkait dengan related to events or conditions that may cast
peristiwa atau kondisi yang dapat significant doubt on the Bank's ability to
menyebabkan keraguan signifikan atas continue as a going concern. If we conclude
kemampuan Bank untuk mempertahankan that a material uncertainty exists, we are
kelangsungan usahanya. Ketika kami required to draw attention in our independent
menyimpulkan bahwa terdapat suatu auditor’s report to the related disclosures in
ketidakpastian material, kami diharuskan the financial statements or, if such disclosures
untuk menarik perhatian dalam laporan are inadequate, to modify our opinion. Our
auditor independen kami ke pengungkapan conclusion is based on the audit evidence
terkait dalam laporan keuangan atau, jika obtained up to the date of our independent
pengungkapan tersebut tidak memadai, auditor’s report. However, future events or
memodifikasi opini kami. Kesimpulan kami conditions may cause the Bank to cease to
didasarkan pada bukti audit yang diperoleh continue as a going concern.
hingga tanggal laporan auditor independen
kami. Namun, peristiwa atau kondisi masa
depan dapat menyebabkan Bank tidak dapat
mempertahankan kelangsungan usaha.
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A member firm of Ernst & Young Global Limited
Page 660
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00021/2.1505/AU.1/07/0242- Report No. 00021/2.1505/AU.1/07/0242-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan (lanjutan) financial statements (continued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan) (continued)
Mengevaluasi penyajian, struktur, dan isi Evaluate the overall presentation, structure,
laporan keuangan secara keseluruhan, and content of the financial statements,
termasuk pengungkapannya, dan apakah including the disclosures, and whether the
laporan keuangan mencerminkan transaksi financial statements represent the underlying
dan peristiwa yang mendasarinya dengan transactions and events in a manner that
suatu cara yang mencapai penyajian wajar. achieves fair presentation.
Kami mengomunikasikan kepada pihak yang We communicate with those charged with
bertanggung jawab atas tata kelola mengenai, governance regarding, among other matters, the
antara lain, ruang lingkup dan saat yang planned scope and timing of the audit and
direncanakan atas audit serta temuan audit significant audit findings, including any significant
signifikan, termasuk setiap defisiensi signifikan deficiencies in internal control that we identify
dalam pengendalian internal yang teridentifikasi during our audit.
oleh kami selama audit.
Kami juga memberikan suatu pernyataan kepada We also provide those charged with governance
pihak yang bertanggung jawab atas tata kelola with a statement that we have complied with
bahwa kami telah mematuhi ketentuan etika yang relevant ethical requirements regarding
relevan mengenai independensi, dan independence, and to communicate with them all
mengomunikasikan kepada pihak tersebut seluruh relationships and other matters that may
hubungan, serta hal-hal lain yang dianggap secara reasonably be thought to bear on our
wajar berpengaruh terhadap independensi kami, independence, and where applicable, related
dan, jika relevan, pengamanan terkait. safeguards.
x
A member firm of Ernst & Young Global Limited
Page 661
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor's Report (continued}
Laporan No. 00021/2.1505/AU.1/07/0242- Report No. 00021/2.1505/AU.1/07/0242-
1/1/II/2026 (lanjutan) 1/1/ll/2026 (continued)
Tanggung jawab auditor terhadap audit atas Auditor's responsibilities for the audit of the
laporan keuangan (lanjutan) financial statements (continued)
Dari hal-hal yang dikomunikasikan kepada pihak From the matters communicated with those
yang bertanggung jawab atas tata kelola, kami charged with governance, we determine those
menentukan hal-hal tersebut yang paling matters that were of most significance in the audit
signifikan dalam audit atas laporan keuangan of the financial statements of the current period
periode kini dan oleh karenanya menjadi hal audit and are therefore the key audit matters. We
utama. Kami menguraikan hal audit utama describe such key audit matters in our independent
tersebut dalam laporan auditor independen kami auditor's report unless laws or regulations preclude
kecuali peraturan perundang-undangan melarang public disclosure about such key audit matters or
pengungkapan publik tentang hal audit utama when, in extremely rare circumstances, we
tersebut atau ketika, dalam kondisi yang sangat determine that a key audit matter should not be
jarang terjadi, kami menentukan bahwa suatu hal communicated in our independent auditor's report
audit utama tidak boleh dikomunikasikan dalam because the adverse consequences of doing so
laporan auditor independen kami karena would reasonably be expected to outweigh the
konsekuensi yang merugikan dari public interest benefits of such communication.
mengomunikasikan hal tersebut akan
diekspektasikan secara wajar melebihi manfaat
kepentingan publik atas komunikasi tersebut.
KAP Purwanto Susanti dan Surja
Yovita
Registrasi Akuntan Publik No.: AP.0242/Public Accountant Registration No.: AP. 0242
4 Februari 2026/February 4, 2026
X.
A member firm of Ernst & Young Global Limited
Page 662
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN POSISI KEUANGAN STATEMENT OF FINANCIAL POSITION
Tanggal 31 Desember 2025 As of 31 December 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/ 31 Desember/ 31 Desember/
Notes December 2025 December 2024
ASET ASSETS
KAS 4 8,690,766 8,080,689 CASH
CURRENT ACCOUNTS AND
GIRO DAN PENEMPATAN PLACEMENTS WITH BANK
PADA BANK INDONESIA 2e, 5 51,603,043 49,966,279 INDONESIA
CURRENT ACCOUNTS AND
GIRO DAN PENEMPATAN PLACEMENTS WITH OTHER
PADA BANK LAIN 2f, 6, 45 BANKS
Pihak ketiga 4,440,920 3,752,325 Third parties
Pihak berelasi 2c 127,529 128,549 Related parties
Jumlah giro dan penempatan Total current accounts and
pada bank lain 4,568,449 3,880,874 placements with other banks
Cadangan kerugian penurunan nilai 2d (17,787) (14,809) Allowance for impairment losses
Bersih 4,550,662 3,866,065 Net
INVESTASI PADA INVESTMENTS IN
SURAT BERHARGA 2g, 7, 45 MARKETABLE SECURITIES
Pihak ketiga 20,711,402 24,134,169 Third parties
Pihak berelasi 2c 38,971,200 38,117,637 Related parties
Jumlah investasi pada Total investments in
surat berharga 59,682,602 62,251,806 marketable securities
Cadangan kerugian penurunan nilai 2d (32,114) (35,288) Allowance for impairment losses
Bersih 59,650,488 62,216,518 Net
TAGIHAN AKSEPTASI 2h, 8, 45 ACCEPTANCE RECEIVABLES
Pihak ketiga 587,439 12,694 Third parties
Pihak berelasi 2c 105,677 172,451 Related parties
Jumlah tagihan akseptasi 693,116 185,145 Total acceptance receivables
Cadangan kerugian penurunan nilai 2d (6,931) (1,851) Allowance for impairment losses
Bersih 686,185 183,294 Net
PIUTANG 2i, 9, 45 RECEIVABLES
Murabahah Murabahah
Pihak ketiga 149,274,351 144,205,651 Third parties
Pihak berelasi 2c 53,803 66,883 Related parties
Jumlah murabahah 149,328,154 144,272,534 Total murabahah
Istishna Istishna
Pihak ketiga - 11 Third parties
Ijarah Ijarah
Pihak ketiga 166,499 188,361 Third parties
Jumlah piutang 149,494,653 144,460,906 Total receivables
Cadangan kerugian penurunan nilai 2d (4,560,165) (4,265,369) Allowance for impairment losses
Bersih 144,934,488 140,195,537 Net
PINJAMAN QARDH 2j, 10, 45 FUNDS OF QARDH
Pihak ketiga 17,201,419 12,863,002 Third parties
Pihak berelasi 2c 520,509 910,782 Related parties
Jumlah pinjaman qardh 17,721,928 13,773,784 Total funds of qardh
Cadangan kerugian penurunan nilai 2d (748,173) (787,694) Allowance for impairment losses
Bersih 16,973,755 12,986,090 Net
Dipindahkan 287,089,387 277,494,472 Carried forward
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements
keseluruhan. taken as a whole.
1
Page 663
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN POSISI KEUANGAN (lanjutan) STATEMENT OF FINANCIAL POSITION (continued)
Tanggal 31 Desember 2025 As of 31 December 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/ 31 Desember/ 31 Desember/
Notes December 2025 December 2024
ASET (lanjutan) ASSETS (continued)
Pindahan 287,089,387 277,494,472 Brought forward
PEMBIAYAAN FINANCING
Mudharabah 2k, 11, 45 Mudharabah
Pihak ketiga 889,309 937,079 Third parties
Pihak berelasi 2c 2,000,000 2,000,000 Related parties
Jumlah mudharabah 2,889,309 2,937,079 Total mudharabah
Cadangan kerugian penurunan nilai 2d (51,456) (93,488) Allowance for impairment losses
Bersih 2,837,853 2,843,591 Net
Musyarakah 2k, 12, 45 Musyarakah
Pihak ketiga 118,731,486 88,044,668 Third parties
Pihak berelasi 2c 26,140,288 26,142,550 Related parties
Jumlah musyarakah 144,871,774 114,187,218 Total musyarakah
Cadangan kerugian penurunan nilai 2d (5,622,587) (5,145,131) Allowance for impairment losses
Bersih 139,249,187 109,042,087 Net
Jumlah pembiayaan 147,761,083 117,124,297 Total financing
Cadangan kerugian penurunan nilai 2d (5,674,043) (5,238,619) Allowance for impairment losses
Bersih 142,087,040 111,885,678 Net
ASET YANG DIPEROLEH ASSETS ACQUIRED
UNTUK IJARAH - BERSIH 2l, 13 3,866,097 3,122,255 FOR IJARAH - NET
ASET TETAP DAN FIXED ASSETS AND
ASET HAK GUNA - BERSIH 2m, 14 11,421,035 7,723,853 RIGHT-OF-USE ASSETS - NET
ASET TIDAK BERWUJUD
- BERSIH 2m, 14 2,436,092 2,102,344 INTANGIBLE ASSETS - NET
ASET PAJAK TANGGUHAN 2n, 22c 1,875,326 2,056,727 DEFERRED TAX ASSETS
ASET LAIN-LAIN - BERSIH 2o, 15 7,417,629 4,228,103 OTHER ASSETS - NET
JUMLAH ASET 456,192,606 408,613,432 TOTAL ASSETS
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements
keseluruhan. taken as a whole.
2
Page 664
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN POSISI KEUANGAN STATEMENT OF FINANCIAL POSITION (continued)
Tanggal 31 Desember 2025 As of 31 December 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/ 31 Desember/ 31 Desember/
Notes December 2025 December 2024*)
LIABILITAS, DANA SYIRKAH LIABILITIES, TEMPORARY
TEMPORER DAN EKUITAS SYIRKAH FUNDS AND EQUITY
LIABILITAS LIABILITIES
OBLIGATIONS
LIABILITAS SEGERA 2p, 16, 45 DUE IMMEDIATELY
Pihak ketiga 927,752 845,825 Third parties
Pihak berelasi 2c 9,601 12,818 Related parties
937,353 858,643
BAGI HASIL YANG BELUM UNDISTRIBUTED
DIBAGIKAN 2q, 17 258,515 291,578 REVENUE SHARING
SIMPANAN WADIAH WADIAH DEPOSITS
Giro wadiah 2r, 18, 45 Wadiah demand deposits
Pihak ketiga 24,879,855 16,260,234 Third parties
Pihak berelasi 2c 2,910,619 2,886,845 Related parties
Jumlah giro wadiah 27,790,474 19,147,079 Total wadiah demand deposits
Tabungan wadiah 2r, 19, 45 Wadiah savings deposits
Pihak ketiga 63,293,651 55,266,166 Third parties
Pihak berelasi 2c 17,470 13,901 Related parties
Jumlah tabungan wadiah 63,311,121 55,280,067 Total wadiah savings deposits
Jumlah simpanan wadiah 91,101,595 74,427,146 Total wadiah deposits
SIMPANAN DARI BANK LAIN 2r, 20, 45 DEPOSITS FROM OTHER BANKS
Giro wadiah Wadiah demand deposits
Pihak ketiga 86,913 173,510 Third parties
Pihak berelasi 2c 1,175 1,369 Related parties
Jumlah giro wadiah 88,088 174,879 Total wadiah demand deposits
Tabungan wadiah Wadiah savings deposits
Pihak ketiga 17,704 8,985 Third parties
Sertifikat Pengelolaan Dana
Berdasarkan Prinsip Syariah Sharia Compliant Interbank Fund
Antarbank (“SIPA”) Management Certificate ("SIPA")
Pihak ketiga 2,693,886 400,000 Third parties
Pihak berelasi 2c - 200,834 Related parties
Jumlah Sertifikat Pengelolaan Dana Total Sharia Compliant
Berdasarkan Prinsip Syariah Interbank Fund Management
Antarbank (“SIPA”) 2,693,886 600,834 Certificate ("SIPA")
Jumlah simpanan dari bank lain 2,799,678 784,698 Total deposits from other banks
LIABILITAS KEPADA LIABILITIES TO
BANK INDONESIA 2s, 21 - 18,417,864 BANK INDONESIA
LIABILITAS AKSEPTASI 2h, 8, 45 ACCEPTANCE LIABILITIES
Pihak ketiga 498,492 72,792 Third parties
Pihak berelasi 2c 194,624 112,353 Related parties
Jumlah liabilitas akseptasi 693,116 185,145 Total acceptance liabilities
UTANG PAJAK 2n, 22a 439,413 889,642 TAXES PAYABLE
LIABILITAS EMPLOYEE BENEFITS
IMBALAN KERJA 2u, 43, 45 578,150 534,730 LIABILITIES
ESTIMASI KERUGIAN ESTIMATED LOSSES ON
KOMITMEN DAN COMMITMENTS AND
KONTINJENSI 42d 26,183 24,045 CONTINGENCIES
LIABILITAS LAIN-LAIN 2v, 23 8,095,239 5,867,830 OTHER LIABILITIES
JUMLAH LIABILITAS 104,929,242 102,281,321 TOTAL LIABILITIES
*) *)
Direklasifikasi, lihat Catatan 55 Reclassified, see Note 55
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements
keseluruhan. taken as a whole.
3
Page 665
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN POSISI KEUANGAN (lanjutan) STATEMENT OF FINANCIAL POSITION (continued)
Tanggal 31 Desember 2025 As of 31 December 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/ 31 Desember/ 31 Desember/
Notes December 2025 December 2024*)
LIABILITAS, DANA SYIRKAH LIABILITIES, TEMPORARY
TEMPORER DAN EKUITAS SYIRKAH FUNDS AND EQUITY
(lanjutan) (continued)
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
Giro mudharabah 2w, 24, 45 Mudharabah demand deposits
Pihak ketiga 24,805,106 17,421,912 Third parties
Pihak berelasi 2c 19,284,514 19,813,889 Related parties
Jumlah giro mudharabah 44,089,620 37,235,801 Total mudharabah demand deposits
Tabungan mudharabah 2w, 25, 45 Mudharabah savings deposits
Pihak ketiga 98,825,160 85,414,890 Third parties
Pihak berelasi 2c 1,108,173 375,768 Related parties
Jumlah tabungan mudharabah 99,933,333 85,790,658 Total mudharabah savings deposits
Deposito mudharabah 2w, 26, 45 Mudharabah time deposits
Pihak ketiga 99,049,344 92,556,398 Third parties
Pihak berelasi 2c 47,068,292 38,122,469 Related parties
Jumlah deposito mudharabah 146,117,636 130,678,867 Total mudharabah time deposits
Jumlah giro, tabungan dan deposito Total mudharabah demand deposits,
mudharabah 290,140,589 253,705,326 savings deposits and time deposits
Sertifikat Investasi Mudharabah Interbank Mudharabah
Antarbank (“SIMA”) 2x, 27, 45 Investment Certificate (“SIMA”)
Pihak ketiga 2,095,000 2,481,425 Third parties
Pihak berelasi 2c 550,000 885,225 Related parties
Jumlah Sertifikat Investasi Total Interbank Mudharabah
Mudharabah Antarbank (“SIMA”) 2,645,000 3,366,650 Investment Certificate (“SIMA”)
Sukuk mudharabah diterbitkan 2y, 28, 45 Issued mudharabah sukuk
Pihak ketiga 5,117,401 2,653,063 Third parties
Pihak berelasi 2c 1,207,500 365,500 Related parties
Jumlah sukuk Total issued
mudharabah diterbitkan 6,324,901 3,018,563 mudharabah sukuk
Sukuk mudharabah subordinasi 2y, 29, 45 Subordinated sukuk mudharabah
Pihak ketiga 145,000 140,000 Third parties
Pihak berelasi 2c 55,000 60,000 Related parties
Jumlah sukuk Total subordinated
mudharabah subordinasi 200,000 200,000 sukuk mudharabah
Pembiayaan berjangka mudharabah 2z, 30 - 1,000,000 Mudharabah term financing
JUMLAH DANA SYIRKAH TOTAL TEMPORARY
TEMPORER 299,310,490 261,290,539 SYIRKAH FUNDS
EKUITAS EQUITY
Modal saham - nilai nominal Share capital - Rp500 (full amount)
Rp500 (nilai penuh) per saham par value per share
Modal dasar - 80.000.000.000 Authorised share capital -
lembar saham 80,000,000,000 shares
Modal ditempatkan dan disetor Issued and fully paid-up
penuh - 46.129.260.138 capital - 46,129,260,138
lembar saham 31 23,064,630 23,064,630 shares
Tambahan modal disetor 31 (3,929,100) (3,929,100) Additional paid-in capital
Keuntungan revaluasi aset tetap 14 553,440 553,440 Gain on revaluation of fixed assets
Pengukuran kembali liabilitas Remeasurement of employee
imbalan kerja - setelah pajak 352,934 347,644 benefit liabilities - net of tax
Keuntungan/(kerugian) yang
belum direalisasi atas surat
berharga yang diukur pada Unrealised gain/(loss) on marketable
nilai wajar melalui penghasilan securities measured at fair value
komprehensif lain through other comprehensive
- setelah pajak 332,558 (56,814) income - net of tax
Saldo laba Retained earnings
Telah ditentukan penggunaannya 4,778,639 3,377,462 Appropriated
Belum ditentukan penggunaannya 26,799,773 21,684,310 Unappropriated
JUMLAH EKUITAS 51,952,874 45,041,572 TOTAL EQUITY
JUMLAH LIABILITAS, DANA TOTAL LIABILITIES,
SYIRKAH TEMPORER DAN TEMPORARY SYIRKAH
EKUITAS 456,192,606 408,613,432 FUNDS AND EQUITY
*) *)
Direklasifikasi, lihat Catatan 55 Reclassified, see Note 55
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements
keseluruhan. taken as a whole.
4
Page 666
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENT OF PROFIT OR LOSS AND
KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME
Untuk Tahun yang Berakhir Pada For the Year Ended 31 December 2025
Tanggal 31 Desember 2025 (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
Catatan/ 31 Desember/ 31 Desember/
Notes December 2025 December 2024
PENDAPATAN PENGELOLAAN INCOME FROM FUND
DANA SEBAGAI MUDHARIB MANAGEMENT AS MUDHARIB
Pendapatan dari jual beli 2aa, 32 14,510,697 13,404,055 Income from sales and purchases
Pendapatan dari bagi hasil 2aa, 33 10,126,213 8,001,204 Income from profit sharing
Pendapatan dari ijarah - bersih 2aa, 34 128,536 192,124 Income from ijarah - net
Pendapatan usaha utama lainnya 2aa, 35 3,500,045 3,700,820 Other main operating income
HAK PIHAK KETIGA ATAS THIRD PARTIES’ SHARE ON
BAGI HASIL 2ab, 36 (9,136,405) (7,889,029) RETURN
HAK BAGI HASIL MILIK BANK 19,129,086 17,409,174 BANK’S SHARE IN PROFIT
PENDAPATAN USAHA LAINNYA 2ac, 37 OTHER OPERATING INCOME
Fee based income from
Pendapatan imbalan jasa perbankan 4,631,301 3,678,362 banking services
Keuntungan investasi surat berharga 1,000,562 587,199 Gain from marketable securities
Pendapatan lainnya 1,304,733 1,290,918 Other income
Jumlah pendapatan usaha lainnya 6,936,596 5,556,479 Total other operating income
BEBAN USAHA OPERATING EXPENSES
Gaji dan tunjangan 38 (5,496,617) (5,284,136) Salaries and benefits
Umum dan administrasi 39 (8,109,463) (6,342,626) General and administrative
Bonus wadiah (651) (586) Wadiah bonus
Lain-lain (93,983) (166,294) Others
(13,700,714) (11,793,642)
Beban cadangan kerugian Provision for impairment
penurunan nilai aset produktif losses on earning and
dan nonproduktif - bersih 2d, 40 (2,356,951) (1,893,867) non-earning assets - net
LABA USAHA 10,008,017 9,278,144 INCOME FROM OPERATION
PENDAPATAN/(BEBAN) NON-OPERATING
NONUSAHA - BERSIH 3,688 4,312 INCOME/(EXPENSE) - NET
LABA SEBELUM ZAKAT DAN INCOME BEFORE ZAKAT AND
BEBAN PAJAK 10,011,705 9,282,456 TAX EXPENSE
ZAKAT 2a (250,293) (232,061) ZAKAT
BEBAN PAJAK 2n, 22b (2,193,889) (2,044,507) TAX EXPENSES
LABA BERSIH 7,567,523 7,005,888 NET INCOME
PENGHASILAN KOMPREHENSIF OTHER COMPREHENSIVE
LAIN INCOME
Pos-pos yang tidak akan Items that will not be reclassified
direklasifikasi ke laba rugi: to profit or loss:
Gain on revaluation
Keuntungan revaluasi aset tetap 14 - 108,910 on fixed assets
Pengukuran kembali liabilitas Remeasurement of employee
imbalan kerja 2u, 43 6,782 136,130 benefit liabilities
Pajak penghasilan terkait 22c (1,492) (29,948) Related income tax
Pos-pos yang akan Items that will be reclassified
direklasifikasi ke laba rugi: to profit or loss:
Keuntungan/(kerugian) yang
belum direalisasi atas surat Unrealised gain/(loss)
berharga yang diukur pada nilai on marketable securities
wajar melalui penghasilan measured at fair value through
komprehensif lain 7b 492,515 (92,116) other comprehensive income
Pajak penghasilan terkait 22c (103,143) 29,148 Related income tax
Jumlah penghasilan komprehensif Total other comprehensive
lain bersih setelah pajak 394,662 152,124 income net of tax
TOTAL COMPREHENSIVE
JUMLAH LABA KOMPREHENSIF 7,962,185 7,158,012 INCOME
LABA PER SAHAM DASAR DAN BASIC AND DILUTED EARNINGS
DILUSIAN (Rupiah penuh) 2ae, 41 164.05 151.88 PER SHARE (full Rupiah)
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements
keseluruhan. taken as a whole.
5
Page 667
The original financial statements included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN PERUBAHAN EKUITAS STATEMENT OF CHANGES IN EQUITY
Untuk Tahun yang Berakhir Pada For the Year Ended 31 December 2025
Tanggal 31 Desember 2025 (Expressed in millions of Rupiah, unless otherwise stated)
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
(Kerugian)/
keuntungan
yang belum
direalisasi atas surat
berharga yang diukur
pada nilai wajar
Pengukuran melalui penghasilan
kembali komprehensif lain -
liabilitas imbalan setelah pajak/
Modal saham Keuntungan kerja - setelah Unrealised (loss)/gain
ditempatkan dan revaluasi pajak/ on marketable Saldo laba/Retained earnings
disetor penuh/ Tambahan modal aset tetap/ Remeasurement securities measured
Issued and fully disetor/ Gain on of employee at fair value through Telah ditentukan Belum ditentukan Jumlah
Catatan/ paid-up share Additional paid- revaluation benefit liabilities - other comprehensive penggunaannya/ penggunaannya/ ekuitas/
Notes capital in capital of fixed assets net of tax income - net of tax Appropriated Unappropriated Total equity
Saldo per 1 Januari 2024 23,064,630 (3,929,100) 444,530 241,462 6,154 2,236,713 16,674,732 38,739,121 Balance as at 1 January 2024
Laba bersih - - - - - - 7,005,888 7,005,888 Net income
Penghasilan komprehensif lain - - 108,910 106,182 (62,968) - - 152,124 Other comprehensive income
Pembagian dividen 31 - - - - - - (855,561) (855,561) Dividend payment
Penambahan cadangan umum 31 - - - - - 1,140,749 (1,140,749) - Additional to general reserve
Saldo per 31 Desember 2024 23,064,630 (3,929,100) 553,440 347,644 (56,814) 3,377,462 21,684,310 45,041,572 Balance as at 31 December 2024
Laba bersih - - - - - - 7,567,523 7,567,523 Net income
Penghasilan komprehensif lain - - - 5,290 389,372 - - 394,662 Other comprehensive income
Pembagian dividen 31 - - - - - - (1,050,883) (1,050,883) Dividend payment
Penambahan cadangan umum 31 - - - - - 1,401,177 (1,401,177) - Additional to general reserve
Saldo per 31 Desember 2025 23,064,630 (3,929,100) 553,440 352,934 332,558 4,778,639 26,799,773 51,952,874 Balance as at 31 December 2025
Catatan atas laporan keuangan terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan The accompanying notes to the financial statements form an integral part of these financial
secara keseluruhan. statements taken as a whole.
6
Page 668
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN ARUS KAS STATEMENT OF CASH FLOWS
Untuk Tahun yang Berakhir Pada For the Year Ended 31 December 2025
Tanggal 31 Desember 2025 (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
Catatan/ 31 Desember/ 31 Desember/
Notes December 2025 December 2024*)
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
OPERASI OPERATING ACTIVITIES
Penerimaan jual beli, bagi hasil, Proceeds of margin, profit sharing,
ijarah dan usaha utama lainnya 26,738,360 25,260,645 ijarah and other main operation
Pembayaran bagi hasil dana Payment of profit sharing
syirkah temporer (9,169,468) (7,854,159) for temporary syirkah funds
Penerimaan dari pembiayaan dan 9, 10, 11, Receipts from recovery of written-off
piutang yang dihapusbukukan 12, 37 2,163,537 2,097,759 financing and receivable
Penerimaan pendapatan usaha Receipt of other operating
lainnya 5,333,634 4,266,371 income
Pembayaran tantiem (142,299) (110,228) Payment tantiem
Pembayaran beban usaha (12,984,707) (14,283,894) Payment of operating expenses
Penerimaan atas pendapatan Receipt from non-operating
nonusaha - bersih 58,064 112,287 income - net
Pembayaran pajak Payment of corporate
penghasilan badan (2,571,361) (1,985,972) income tax
Pembayaran zakat (316,136) (268,348) Payment of zakat
Distribution of qardhul
Penyaluran dana kebajikan (130,947) (117,028) hasan funds
Arus kas sebelum perubahan Cash flows before changes in
dalam aset dan liabilitas 8,978,677 7,117,433 assets and liabilities
Perubahan dalam aset dan liabilitas: Changes in assets and liabilities:
(Kenaikan)/penurunan aset: (Increase)/decrease in assets:
Surat berharga Marketable securities
- diukur pada nilai wajar (5,934,019) (1,472,899) - measured at fair value
Surat berharga jangka
pendek lainnya 92,732 (115,758) Other short-term securities
Piutang (7,055,462) (7,739,380) Receivables
Pinjaman qardh (4,017,080) (2,466,703) Funds of qardh
Pembiayaan (31,171,272) (27,026,967) Financing
Tagihan akseptasi (507,971) 246,083 Acceptance receivables
Aset yang diperoleh
untuk ijarah (743,842) (932,147) Assets acquired for ijarah
Aset lain-lain (3,233,185) 256,560 Other assets
Kenaikan/(penurunan) liabilitas: Increase/(decrease) in liabilities:
Liabilitas segera 144,553 (421,137) Obligations due immediately
Simpanan wadiah 16,674,449 6,553,248 Wadiah deposits
Simpanan dari bank lain 55 2,014,980 651,573 Deposits from other banks
Liabilitas akseptasi 507,971 (246,083) Acceptance liabilities
Utang pajak 4,009 (99,768) Taxes payable
Liabilitas lain-lain 2,697,407 3,757,231 Other liabilities
Increase in temporary
Kenaikan dana syirkah temporer 55 35,713,613 28,761,566 syirkah funds
Kas bersih digunakan untuk Net cash used in
aktivitas operasi 14,165,560 6,822,852 operating activities
*) *)
Direklasifikasi, lihat Catatan 55 Reclassified, see Note 55
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements
keseluruhan. taken as a whole.
7
Page 669
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN ARUS KAS (lanjutan) STATEMENT OF CASH FLOWS (continued)
Untuk Tahun yang Berakhir Pada For the Year Ended 31 December 2025
Tanggal 31 Desember 2025 (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
Catatan/ 31 Desember/ 31 Desember/
Notes December 2025 December 2024
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
INVESTASI INVESTING ACTIVITIES
Penjualan/pelepasan investasi Sale/disposal of investment
pada surat berharga 279,342,885 103,380,752 in marketable securities
Perolehan surat berharga (269,972,419) (92,955,821) Acquisition of marketable securities
Hasil penjualan aset tetap 1,440 1,274 Proceeds from sale of fixed assets
Perolehan aset tetap dan Acquisition of fixed assets
aset hak guna (2,205,150) (2,935,755) and right-of-use assets
Perolehan aset tidak berwujud 14 (752,929) (1,144,967) Acquisition of intangible assets
Kas bersih dihasilkan dari Net cash generated from
aktivitas investasi 6,413,827 6,345,483 investing activities
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
PENDANAAN FINANCING ACTIVITIES
Pembayaran liabilitas sewa (474,177) (151,913) Payments of lease liabilities
Pembayaran dividen 31 (1,050,883) (855,561) Payments of dividend
Pembayaran pembiayaan Payments of mudharabah
berjangka mudharabah (2,400,000) (7,778,995) term financing
Penerimaan pembiayaan Receipts from mudharabah
berjangka mudharabah 1,400,000 8,001,935 term financing
Pembayaran pinjaman yang Payments of borrowings
diterima (755,582) -
Penerimaan pinjaman yang Receipt from borrowings
diterima 755,582 -
Pelunasan surat berharga Settlement of securities
yang diterbitkan (1,701,922) - issued
Surat berharga yang diterbitkan 5,008,260 3,015,731 Securities Issued
Pembayaran biaya emisi Payment of the issuance cost
surat berharga yang diterbitkan (8,385) (10,591) of the securities issued
Penerimaan pinjaman Receipt liabilities from
dari Bank Indonesia 140,884,179 133,951,452 Bank indonesia
Pembayaran pinjaman Payment liabilities to
kepada Bank Indonesia (159,302,043) (127,433,643) Bank indonesia
Kas bersih dihasilkan dari/
(digunakan untuk) Net cash generated from/
aktivitas pendanaan (17,644,971) 8,738,415 (used in) financing activities
PENURUNAN BERSIH NET DECREASE CASH
KAS DAN SETARA KAS 2,934,416 21,906,750 AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AWAL AT THE BEGINNING OF
TAHUN 61,927,842 40,021,092 THE YEAR
KAS DAN SETARA KAS AKHIR CASH AND CASH EQUIVALENTS
TAHUN 64,862,258 61,927,842 AT THE END OF THE YEAR
Kas dan setara kas akhir Cash and cash equivalents at
periode terdiri dari: the end of the period consist of:
Kas 4 8,690,766 8,080,689 Cash
Giro dan penempatan Current accounts and placements
pada Bank Indonesia 5 51,603,043 49,966,279 with Bank Indonesia
Giro dan penempatan Current accounts and
pada bank lain 6 4,568,449 3,880,874 placements with other banks
JUMLAH 64,862,258 61,927,842 TOTAL
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements
keseluruhan. taken as a whole.
8
Page 670
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN REKONSILIASI PENDAPATAN STATEMENT OF RECONCILIATION OF
DAN BAGI HASIL INCOME AND REVENUE SHARING
Untuk Tahun yang Berakhir Pada For the Year Ended 31 December 2025
Tanggal 31 Desember 2025 (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
Catatan/ 31 Desember/ 31 Desember/
Notes December 2025 December 2024
Pendapatan pengelolaan dana 32, 33, Revenue from fund management
sebagai mudharib 34, 35 28,265,491 25,298,203 as mudharib
Pengurangan Deduction
Pendapatan tahun berjalan Current year income in which
yang kas atau setara kasnya its cash and cash equivalents
belum diterima: has not been received:
Pendapatan dari jual beli (1,545,552) (620,300) Income from sales and purchase
Pendapatan bagi hasil (177,260) (79,292) Income from profit sharing
Income from amortisation of
differences between
Pendapatan amortisasi dari selisih acquisition cost and nominal
nilai perolehan surat berharga amounts for investments in
dibanding nilai nominal (13,879) (75,137) marketable securities
Pendapatan dari ijarah - bersih (35,567) (33,132) Income from Ijarah - net
Pendapatan usaha utama lainnya (809,541) (979,776) Other main operating income
(2,581,799) (1,787,637)
Penambahan Addition
Pendapatan tahun sebelumnya Previous year income in which
yang kas atau setara kasnya its cash and cash equivalent
diterima pada tahun berjalan: was received during current year:
Pendapatan dari jual beli 620,300 623,425 Income from sales and purchase
Pendapatan bagi hasil 79,292 44,429 Income from profit sharing
Income from amortisation
of differences between
Pendapatan amortisasi dari selisih acquisition cost and nominal
nilai perolehan surat berharga amounts for investments
dibanding nilai nominal 75,137 104,229 in marketable securities
Pendapatan dari ijarah - bersih 33,132 29,685 Income from Ijarah - net
Pendapatan usaha utama lainnya 979,776 889,375 Other main operating income
1,787,637 1,691,143
Pendapatan yang tersedia untuk Available income for
bagi hasil 27,471,329 25,201,709 profit sharing
Hak bagi hasil milik Bank (18,334,924) (17,312,680) Bank’s share in profit sharing
Hak pihak ketiga atas bagi hasil 36 9,136,405 7,889,029 Third parties’ share on return
Dirinci atas: Details to:
Hak pemilik dana atas bagi hasil Fund owners’ share on
yang sudah didistribusikan 8,877,890 7,597,451 distributed profit sharing
Hak pemilik dana atas bagi hasil Fund owners’ share on
yang belum didistribusikan 17 258,515 291,578 undistributed profit sharing
Jumlah 9,136,405 7,889,029 Total
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements
keseluruhan. taken as a whole.
9
Page 671
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN SUMBER DAN STATEMENT OF SOURCES
PENYALURAN DANA ZAKAT AND DISTRIBUTION OF ZAKAT FUNDS
Untuk Tahun yang Berakhir Pada For the Year Ended 31 December 2025
Tanggal 31 Desember 2025 (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
Catatan/ 31 Desember/ 31 Desember/
Notes December 2025 December 2024
Sumber dana zakat Sources of zakat funds
Internal bank 250,293 232,061 Internal bank
Eksternal bank External bank
Pegawai 39,940 36,452 Employees
Nasabah dan umum 43,912 38,743 Customers and public
334,145 307,256
Penyaluran dana zakat Distribution of zakat funds
Disalurkan ke entitas Distributed to zakat
pengelola zakat (316,136) (268,348) management entity
Kenaikan dana zakat 18,009 38,908 Increase in zakat funds
Saldo awal dana zakat 235,682 196,774 Beginning balance of zakat funds
Saldo akhir dana zakat 16 253,691 235,682 Ending balance of zakat funds
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements
keseluruhan. taken as a whole.
10
Page 672
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
LAPORAN SUMBER DAN STATEMENT OF SOURCES
PENGGUNAAN DANA KEBAJIKAN AND USES OF QARDHUL HASAN FUNDS
Untuk Tahun yang Berakhir Pada For the Year Ended 31 December 2025
Tanggal 31 Desember 2025 (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
Catatan/ 31 Desember/ 31 Desember/
Notes December 2025 December 2024
Sumber dana kebajikan Sources of qardhul hasan funds
Infaq dan shadaqah 99,881 84,691 Infaq and shadaqah
Denda 23,899 21,972 Penalty
Penerimaan nonhalal 11,203 1,240 Non-halal income
Lainnya 7,796 4,094 Others
142,779 111,997
Penggunaan dana kebajikan Uses of qardhul hasan funds
Sumbangan (130,947) (117,028) Donation
Kenaikan/(penurunan) Increase/(decrease)
dana kebajikan 11,832 (5,031) qardhul hasan funds
Beginning balance of qardhul
Saldo awal dana kebajikan 4,876 9,907 hasan funds
Ending balance of qardhul
Saldo akhir dana kebajikan 23 16,708 4,876 hasan funds
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements
keseluruhan. taken as a whole.
11
Page 673
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM 1. GENERAL
a. Pendirian Bank dan informasi umum a. Bank establishment and general
information
PT Bank Syariah Indonesia Tbk ("Bank") PT Bank Syariah Indonesia Tbk (the “Bank”)
merupakan hasil penggabungan beberapa was established through the merger of several
bank syariah di Indonesia. Sebelum akhirnya Islamic banks in Indonesia. Prior to adopting its
berubah nama menjadi PT Bank Syariah current name, the Bank originated from
Indonesia Tbk, pendirian bank berasal dari PT Bank BRIsyariah Tbk.
PT Bank BRIsyariah Tbk.
PT Bank BRIsyariah Tbk (“BRIS”) PT Bank BRIsyariah Tbk (“BRIS”) is located in
berkedudukan di Jakarta, Indonesia, awalnya Jakarta, Indonesia, and initially established
didirikan dengan nama PT Bank Jasa Arta under the name of PT Bank Jasa Arta (“BJA”)
(“BJA”) berdasarkan Akta Pendirian No. 4 based on the Deed of Establishment No. 4
tanggal 3 April 1969 yang dibuat di hadapan dated 3 April 1969 made before Liem Toeng
Liem Toeng Kie, S.H., notaris di Jakarta. Kie, S.H., notary in Jakarta.
BJA berubah nama menjadi PT Bank Syariah BJA changed its name to PT Bank Syariah BRI
BRI (“BSBRI”) berdasarkan Pernyataan (“BSBRI”) based on Shareholders’ Decision
Keputusan Persetujuan Pemegang Saham, Statement, as stated in the Deed No. 45 dated
sesuai dengan Akta No. 45 tanggal 22 April 22 April 2008 of Fathiah Helmi, S.H., notary in
2008 yang dibuat di hadapan Fathiah Helmi, Jakarta and obtained a license from Bank
S.H., notaris di Jakarta dan memperoleh izin Indonesia to change its business activities, from
perubahan kegiatan usaha bank, dari a conventional bank into a commercial bank
konvensional menjadi bank umum yang based on sharia principles effective from 16
melaksanakan kegiatan usaha berdasarkan October 2008. In 2009, BSBRI changed its
prinsip syariah dari Bank Indonesia efektif sejak name to PT Bank BRISyariah based on
tanggal 16 Oktober 2008. Pada tahun 2009, Shareholders’ Decision Statement, as stated in
BSBRI melakukan perubahan nama menjadi Notarial Deed No. 18 dated 14 April 2009 made
PT Bank BRISyariah sesuai dengan Akta before Fathiah Helmi, S.H., notary in Jakarta.
Keputusan Persetujuan Pemegang Saham
BSBRI No. 18 tanggal 14 April 2009 dibuat di
hadapan Fathiah Helmi, S.H., notaris di Jakarta.
PT Bank BRISyariah berubah nama menjadi PT Bank BRISyariah changed its name to
PT Bank BRIsyariah Tbk sesuai persetujuan PT Bank BRIsyariah Tbk as approved,
Menteri Hukum dan Hak Asasi Manusia accepted and recorded by the Ministry of Laws
Republik Indonesia No. AHU-0000386. and Human Rights of the Republic of Indonesia
AH.01.02 Tahun 2018 tanggal 10 Januari 2018. No. AHU-0000386.AH.01.02 Year 2018 dated
10 January 2018.
Pada bulan Januari 2021, telah terjadi In January 2021, there was a merger of
penggabungan antara PT Bank BRIsyariah Tbk PT Bank BRIsyariah Tbk with PT Bank Syariah
dengan PT Bank Syariah Mandiri dan PT Bank Mandiri and PT Bank BNI Syariah. The merger
BNI Syariah. Penggabungan ini telah has received approval from Financial Services
mendapatkan persetujuan Otoritas Jasa Authority (“OJK”) of Capital Market through its
Keuangan (“OJK”) Pasar Modal melalui surat letter No. S-289/D.04/2020 dated 11 December
No. S-289/D.04/2020 tanggal 11 Desember 2020 and OJK Board of Commissioners
2020 dan Dewan Komisaris OJK Nomor Number 4/KDK.03/2021 dated 27 January 2021
4/KDK.03/2021 tanggal 27 Januari 2021 concerning the Granting of Permit to Merge
tentang Pemberian Izin Penggabungan PT Bank Syariah Mandiri and PT Bank BNI
PT Bank Syariah Mandiri dan PT Bank BNI Syariah into PT Bank BRIsyariah Tbk and a
Syariah ke dalam PT Bank BRIsyariah Tbk Name Change Permit Using a Business
serta Izin Perubahan Nama dengan License from PT Bank BRIsyariah Tbk to
Menggunakan Izin Usaha PT Bank BRIsyariah become a Business License on behalf of
Tbk menjadi Izin Usaha atas nama PT Bank PT Bank Syariah Indonesia Tbk (“BSI”) as the
Syariah Indonesia Tbk (“BSI”) sebagai Bank Merged Bank. PT Bank Mandiri (Persero) Tbk
Hasil Penggabungan. PT Bank Mandiri is the Bank's parent entity after the merger.
(Persero) Tbk adalah entitas induk Bank
setelah penggabungan usaha.
12
Page 674
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian Bank dan informasi umum a. Bank establishment and general
(lanjutan) information (continued)
Pada bulan Juni 2022, terjadi perubahan In June 2022, there was change in the shares
klasifikasi saham pada anggaran dasar sesuai classification in the Articles of Association as
Akta Pernyataan Keputusan Rapat Perubahan stated in the Deed of Statement of Meeting
Anggaran Dasar PT Bank Syariah Indonesia Resolutions on the Amendments to the Articles
Tbk No.146 tanggal 24 Juni 2022 yang dibuat di of Association of PT Bank Syariah Indonesia
hadapan Notaris Jose Dima Satria, S.H., M.Kn., Tbk No.146 dated 24 June 2022 made before
notaris di Jakarta sehubungan dengan: Notary Jose Dima Satria, S.H., M.Kn., notary in
Jakarta, in connection with:
- penerapan klasifikasi saham pada Bank - the implementation of the classification of
menjadi saham Seri A Dwiwarna yang shares in the Bank into Series A Dwiwarna
merupakan saham dengan hak istimewa share which is share with special rights and
dan saham biasa Seri B yang merupakan Series B common share which is ordinary
saham biasa atas nama; dan share; and
- reklasifikasi 1 (satu) saham milik Negara - reclassification of 1 (one) share owned by
Republik Indonesia dalam Bank menjadi the Republic of Indonesia in the Bank into
1 (satu) saham Seri A Dwiwarna dan 1 (one) Series A Dwiwarna share and all
seluruh saham yang dimiliki pemegang shares owned by other shareholders into
saham lain menjadi saham biasa Seri B. Series B common shares.
Perubahan ini diterima dan dicatat oleh Menteri This change was accepted and recorded by the
Hukum dan Hak Asasi Manusia Republik Minister of Law and Human Rights of the
Indonesia No. AHU-AH.01.03-0269107 tanggal Republic of Indonesia No. AHU-AH.01.03-
22 Juli 2022. 0269107 dated 22 July 2022.
Perubahan Anggaran Dasar Bank mengenai The amendment to the Bank's Articles of
penyesuaian Anggaran Dasar BSI dengan Association in relation to the amendments of
ketentuan-ketentuan baru yang terkait dengan BSI's Articles of Association with new
BSI sebagai Bank Umum Syariah yang provisions relating to BSI as a Sharia
dituangkan dalam Akta Pernyataan Keputusan Commercial Bank as outlined in the Deed of
Rapat Perubahan Anggaran Dasar PT Bank Meeting Resolutions on Amendments to the
Syariah Indonesia Tbk No. 37 tanggal 17 Mei Articles of Association of PT Bank Syariah
2024 yang dibuat dihadapan Notaris Ashoya Indonesia Tbk No. 37 dated 17 May 2024 made
Ratam, S.H., M.Kn. notaris di Jakarta. before Notary Ashoya Ratam, S.H., M.Kn.
Perubahan ini telah mendapatkan persetujuan notary in Jakarta. This amendment was
dari Menteri Hukum dan Hak Asasi Manusia approved by the Minister of Law and Human
Republik Indonesia No. AHU- Rights of the Republic of Indonesia No. AHU-
0035266.AH.01.02.Tahun 2024 tanggal 13 Juni 0035266.AH.01.02.Year 2024 dated 13 June
2024 dan telah diterima serta dicatat oleh 2024 and was received and recorded by the
Menteri Hukum dan Hak Asasi Manusia Minister of Law and Human Rights of the
Republik Indonesia No. AHU-AH.01.03- Republic of Indonesia No. AHU-AH.01.03-
0145286 tanggal 13 Juni 2024. 0145286 dated 13 June 2024.
Selanjutnya perubahan Anggaran Dasar Subsequently, the most recent amendment to
terakhir diputuskan dalam RUPS Luar Biasa the Articles of Association was decided at the
BSI tanggal 22 Desember 2025, dengan Extraordinary General Meeting of Shareholders
keputusannya antara lain menyetujui (EGMS) of BSI on 22 December 2025, with
perubahan Anggaran Dasar Perseroan dalam decisions including, among others, approving
rangka penyesuaian dengan peraturan changes to the Company's Articles of
perundang-undangan dan kebijakan antara lain Association in order to comply with laws and
(a) Undang-Undang Nomor 19 Tahun 2003 regulations and policies, including (a) Law
tentang Badan Usaha Milik Negara Number 19 of 2003 concerning State-Owned
sebagaimana diubah terakhir dengan Undang Enterprises, as last amended by Law Number
Undang Nomor 16 Tahun 2025 tentang 16 of 2025 concerning the Fourth Amendment
Perubahan keempat atas Undang-Undang to Law Number 19 of 2003 concerning State-
Nomor 19 Tahun 2003 tentang Badan Usaha Owned Enterprises, and (b) Financial Services
13
Page 675
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian Bank dan informasi umum a. Bank establishment and general
(lanjutan) information (continued)
Milik Negara dan (b) Peraturan Otoritas Jasa Authority Regulation Number 2 of 2024
Keuangan Nomor 2 Tahun 2024 mengenai concerning the Implementation of Sharia
Penerapan Tata Kelola Syariah Bagi Bank Governance for Sharia Commercial Banks and
Umum Syariah dan Unit Usaha Syariah berikut Sharia Business Units, along with its
peraturan pelaksanaannya. implementing regulations.
Berdasarkan pasal 3 Anggaran Dasar Bank According to Article 3 of the Bank’s latest
yang terakhir, ruang lingkup kegiatan Bank Articles of Association, the Bank’s scope of
adalah menyelenggarakan usaha perbankan business is to conduct banking activities based
dengan prinsip Syariah. on Sharia principles.
PT Bank Syariah Indonesia Tbk (BSI) PT Bank Syariah Indonesia Tbk (BSI) conducts
melaksanakan layanan bullion berdasarkan bullion services based on the approval of OJK
persetujuan OJK sebagaimana Surat OJK as stated in OJK Letter No. S-53/PB.22/2025
No S-53/PB.22/2025 tanggal 12 Februari 2025 dated 12 February 2025, regarding the
terkait Penyelenggaraan Kegiatan Usaha Implementation of Bullion Business Activities of
Bullion PT Bank Syariah Indonesia Tbk. Izin PT Bank Syariah Indonesia Tbk. The license
yang diperoleh BSI tersebut mencakup obtained by BSI includes gold trading and gold
kegiatan perdagangan emas dan penitipan custody activities in accordance with the
emas sesuai dengan ketentuan POJK provisions of POJK No. 17 of 2024 concerning
No. 17 Tahun 2024 tentang Penyelenggaraan the Implementation of Bullion Business
Kegiatan Usaha Bulion. Bank memperoleh Activities. The bank obtained an additional
tambahan izin layanan bulion dalam hal bullion service license for gold deposits based
simpanan emas berdasarkan surat OJK on OJK Letter No. S-259/PB.22/2025 dated
No S-259/PB.22/2025 tanggal 10 November 10 November 2025.
2025.
Layanan bullion dilakukan melalui digital Bullion services are conducted through the
channel BYOND yang memungkinkan BSI digital channel BYOND, which allows BSI to
menyediakan berbagai produk terkait emas provide various gold-related products for its
bagi nasabahnya, seperti jual-beli, penitipan customers, such as buying and selling, custody,
dan simpanan emas sesuai prinsip syariah. and gold deposits in accordance with Sharia
principles.
Kantor pusat Bank berlokasi di The Bank’s head office is located in The Tower
Gedung The Tower, Jalan Gatot Subroto Building, Gatot Subroto Street No. 27, Karet
No. 27, Kel. Karet Semanggi, Kec. Setiabudi, Semanggi Village, Setiabudi District, South
Jakarta Selatan 12930. Jakarta 12930.
Pada tanggal 31 Desember 2025 dan 2024, As at 31 December 2025 and 2024, the Bank
Bank memiliki jaringan unit kerja dengan rincian has business unit network with details as
sebagai berikut: follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Kantor Cabang 153 153 Branch Offices
Kantor Cabang Pembantu 896 886 Sub-Branch Offices
Layanan Syariah Bank Umum - 3,065 Commercial Bank Sharia Services
Kantor Cabang Luar Negeri 1 1 Overseas Branch Office
Kantor Fungsional 81 91 Functional Offices
14
Page 676
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Struktur dan manajemen b. Structure and management
Susunan Dewan Komisaris pada tanggal The composition of the Board of Commissioners
31 Desember 2025 berdasarkan Akta as at 31 December 2025 based on the Deed of
Pernyataan Keputusan Rapat Umum Pemegang Statement of Annual General Meeting of
Saham Tahunan PT Bank Syariah Indonesia Shareholders PT Bank Syariah Indonesia Tbk
Tbk No. 35 tanggal 13 Juni 2025 yang dibuat di No. 35 dated 13 June 2025 made before the
hadapan Notaris Ashoya Ratam, S.H., M.Kn., Notary Ashoya Ratam, S.H., M.Kn., notary in
notaris di Jakarta, adalah sebagai berikut: Jakarta, is as follows:
31 Desember/December 2025
Dewan Komisaris Board of Commissioners
Komisaris Utama Muhadjir Effendy President Commissioner
Komisaris Independen Felicitas Tallulembang Independent Commissioner
Komisaris Mochamad Agus Rofiudin Commissioner
Komisaris Kamaruddin Amin Commissioner
Komisaris Independen Nizar Ahmad Saputra Independent Commissioner
Komisaris Independen Addin Jauharudin1) Independent Commissioner
Komisaris Independen Muhammad Syafii Antonio1) Independent Commissioner
Komisaris Meidy Ferdiansyah1) Commissioner
1) Diangkat dalam Rapat Umum Pemegang Saham (“RUPS”) Tahunan Bank tanggal 16 Mei 2025 1) Appointed at the Bank's Annual General Meeting of Shareholders ("GMS") on 16 May 2025 and
dan berlaku efektif setelah mendapat persetujuan dari Otoritas Jasa Keuangan atas penilaian effective after obtaining approval from the Financial Services Authority for the fit and proper test.
kemampuan dan kepatutan (fit and proper test).
Susunan Dewan Komisaris pada tanggal The composition of the Board of Commissioners
31 Desember 2024 berdasarkan Akta as at 31 December 2024 based on the Deed of
Pernyataan Keputusan Rapat Umum Pemegang Statement of Annual General Meeting of
Saham Tahunan PT Bank Syariah Indonesia Shareholders PT Bank Syariah Indonesia Tbk
Tbk No. 35 tanggal 23 Oktober 2024 yang dibuat No. 35 dated 23 October 2024 made before the
di hadapan Notaris Ashoya Ratam, S.H., M.Kn., Notary Ashoya Ratam, S.H., M.Kn., notary in
notaris di Jakarta, adalah sebagai berikut: Jakarta, is as follows:
31 Desember/December 2024
Dewan Komisaris Board of Commissioners
Komisaris Utama/ President Commissioner/
Komisaris Independen Muliaman D. Hadad Independent Commissioner
Wakil Komisaris Utama/ Vice President Commissioner/
Komisaris Independen Adiwarman Azwar Karim Independent Commissioner
Komisaris Suyanto Commissioner
Komisaris Masduki Baidlowi Commissioner
Komisaris Abu Rokhmad Commissioner
Komisaris Fauzi1) Commissioner
Komisaris Nazaruddin1) Commissioner
Komisaris Independen Komaruddin Hidayat Independent Commissioner
Komisaris Independen Mohamad Nasir Independent Commissioner
Komisaris Independen Felicitas Tallulembang1) Independent Commissioner
1) Diangkat dalam Rapat Umum Pemegang Saham (“RUPS”) Tahunan Bank tanggal 17 Mei 2024 1) Appointed at the Bank's Annual General Meeting of Shareholders (“GMS”) on 17 May 2024
dan telah mendapatkan persetujuan Otoritas Jasa Keuangan (“OJK”) sesuai dengan Surat and has received approval from the Financial Services Authority ("OJK") in accordance with
Keputusan Dewan Komisioner OJK No. KEPR-170/D.03/2024 tanggal 9 Desember 2024, OJK Board of Commissioners Decree No. KEPR-170/D.03/2024 dated 9 December 2024,
KEPR-171/D.03/2024 tanggal 9 Desember 2024, dan KEPR-172/D.03/2024 tanggal 9 KEPR-171/D.03/2024 dated 9 December 2024, and KEPR-172/D.03/2024 dated 9 December
Desember 2024. 2024.
15
Page 677
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Struktur dan manajemen (lanjutan) b. Structure and management (continued)
Susunan Direksi Bank pada tanggal The composition of the Board of Directors of the
31 Desember 2025 berdasarkan Akta Bank as at 31 December 2025 based on the
Pernyataan Keputusan Rapat Umum Deed of Statement of Resolutions of the Annual
Pemegang Saham Tahunan PT Bank Syariah General Meeting of Shareholders of PT Bank
Indonesia Tbk No. 35 tanggal 13 Juni 2025 yang Syariah Indonesia Tbk No. 35 dated 13 June
dibuat di hadapan Notaris Ashoya Ratam, S.H., 2025 made before the Notary Ashoya Ratam,
M.Kn., notaris di Jakarta, adalah sebagai S.H., M.Kn., notary in Jakarta, is as follows:
berikut:
31 Desember/December 2025
Direksi Board of Directors
Direktur Utama Anggoro Eko Cahyo President Director
Wakil Direktur Utama Bob Tyasika Ananta Vice President Director
Direktur Sales & Distribution Anton Sukarna Sales & Distribution Director
Direktur Finance & Strategy Ade Cahyo Nugroho Finance & Strategy Director
Direktur Wholesale Transaction Zaidan Novari Wholesale Transaction Banking
Banking Director
Direktur Risk Management Grandhis Helmi Harumansyah Risk Management Director
Direktur Retail Banking Kemas Erwan Husainy Retail Banking Director
Direktur Compliance & Human Arief Adhi Sanjaya Compliance & Human Capital
Capital Director
Direktur Information Technology Muharto Hadi Suprapto Direktur Information Technology
Direktur Treasury & Firman Nugraha Treasury & International Banking
International Banking Director
Susunan Direksi Bank pada tanggal The composition of the Board of Directors of the
31 Desember 2024 berdasarkan Akta Bank as at 31 December 2024 based on the
Pernyataan Keputusan Rapat Umum Deed of Statement of Resolutions of the Annual
Pemegang Saham Tahunan PT Bank Syariah General Meeting of Shareholders of PT Bank
Indonesia Tbk No. 35 tanggal 23 Oktober 2024 Syariah Indonesia Tbk No. 35 dated
yang dibuat di hadapan Notaris Ashoya 23 October 2024 made before the Notary
Ratam, S.H., M.Kn., notaris di Jakarta, adalah Ashoya Ratam, S.H., M.Kn., notary in Jakarta, is
sebagai berikut: as follows:
31 Desember/December 2024
Direksi Board of Directors
Direktur Utama Hery Gunardi President Director
Wakil Direktur Utama Bob Tyasika Ananta Vice President Director
Direktur Finance & Strategy Ade Cahyo Nugroho Finance & Strategy Director
Direktur Sales & Distribution Anton Sukarna Sales & Distribution Director
Direktur Wholesale Transaction Zaidan Novari Wholesale Transaction Banking
Banking Director
Direktur Information Technology Saladin D. Effendi Information Technology Director
Direktur Risk Management Grandhis Helmi Harumansyah Risk Management Director
Direktur Compliance & Human Tribuana Tunggadewi Compliance & Human Capital
Capital Director
Direktur Retail Banking Harry Gusti Utama1) Retail Banking Director
Direktur Treasury & International Ari Rizaldi1) Treasury & International Banking
Banking Director
1) Diangkat dalam RUPS Tahunan Bank tanggal 17 Mei 2024 dan telah mendapatkan 1) Appointed at the Bank's Annual GMS on 17 May 2024 and has received approval from OJK in
persetujuan OJK sesuai dengan Surat Keputusan Dewan Komisioner OJK No. KEPR- accordance with OJK Board of Commissioners Decree No. KEPR-117/D.03/2024 dated 7
117/D.03/2024 tanggal 7 Oktober 2024 dan KEPR-116/D.03/2024 tanggal 7 Oktober 2024. October 2024 and KEPR-116/D.03/2024 dated 7 October 2024.
16
Page 678
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Struktur dan manajemen (lanjutan) b. Structure and management (continued)
Susunan Dewan Pengawas Syariah Bank The composition of the Bank's Sharia
pada tanggal 31 Desember 2025 berdasarkan Supervisory Board as at 31 December 2025
Akta Pernyataan Keputusan Rapat Umum based on the Deed of Decision of the Annual
Pemegang Saham Tahunan PT Bank Syariah General Meeting of Shareholders of PT Bank
Indonesia Tbk No. 7 tanggal 5 Maret 2025 Syariah Indonesia Tbk No. 7 dated 5 March
yang dibuat di hadapan Notaris Ashoya 2025 which was made before the Notary
Ratam, S.H., M.Kn., notaris di Jakarta, adalah Ashoya Ratam, S.H., M.Kn., notary in Jakarta,
sebagai berikut: is as follows:
31 Desember/December 2025
Dewan Pengawas Syariah Sharia Supervisory Board
Ketua Hasanudin Chairman
Anggota Mohamad Hidayat Member
Anggota Oni Sahroni Member
Anggota Abdul Ghofur Maimoen Member
Anggota Jaih Mubarok Member
Susunan Dewan Pengawas Syariah Bank The composition of the Bank's Sharia
pada tanggal 31 Desember 2024 berdasarkan Supervisory Board as at 31 December 2024
Akta Pernyataan Keputusan Rapat Umum based on the Deed of Decision of the Annual
Pemegang Saham Tahunan PT Bank Syariah General Meeting of Shareholders of PT Bank
Indonesia Tbk No. 35 tanggal 23 Oktober 2024 Syariah Indonesia Tbk No. 35 dated
yang dibuat di hadapan Notaris Ashoya 23 October 2024 which was made before the
Ratam, S.H., M.Kn., notaris di Jakarta, adalah Notary Ashoya Ratam, S.H., M.Kn., notary in
sebagai berikut: Jakarta, is as follows:
31 Desember/December 2024
Dewan Pengawas Syariah Sharia Supervisory Board
Ketua Hasanudin Chairman
Anggota Mohamad Hidayat Member
Anggota Oni Sahroni Member
Anggota Jaih Mubarok1) Member
Anggota Abdul Ghofur Maimoen2) Member
1) Diangkat dalam RUPS Tahunan Bank tanggal 17 Mei 2024 dan telah mendapatkan 1) Appointed at the Bank's Annual GMS on 17 May 2024 and has received approval from the
persetujuan dari OJK sesuai dengan surat No. SR-450/PB.02/2024 tanggal 14 Oktober 2024. OJK in accordance with letter No. SR-450/PB.02/2024 dated 14 October 2024.
2) Diangkat dalam RUPS Tahunan tanggal 17 Mei 2024 dan telah mendapatkan persetujuan 2) Appointed at the Annual GMS on 17 May 2024 and has received approval from the OJK in
Otoritas Jasa Keuangan (“OJK”) sesuai dengan Surat No. SR-13/PB.02/2025 tanggal accordance with letter No. SR-13/PB.02/2025 dated 9 January 2025.
9 Januari 2025.
Susunan Komite Audit Bank pada tanggal The composition of the Bank's Audit
31 Desember 2025 berdasarkan Surat Committee as at 31 December 2025 based on
Keputusan Direksi No. Kep: 04/440-KEP/DIR the Decree of the Board of Directors No. Kep:
tanggal 19 Juni 2025 dan Surat Dewan 04/440-KEP/DIR dated 19 June 2025 and the
Komisaris No. 05/026-3/KOM tanggal 26 Mei Letter of the Board of Commissioners No.
2025 adalah sebagai berikut: 05/026-3/KOM dated 26 May 2025 as follows:
31 Desember/December 2025
Komite Audit Audit Committee
Ketua Felicitas Tallulembang Chairman
Anggota Nizar Ahmad Saputra Member
Anggota Muhammad Syafii Antonio1) Member
Anggota Addin Jauharudin1) Member
Anggota Suharto Member
Anggota Mahfud Sholihin Member
1) Diangkat dalam Rapat Umum Pemegang Saham (“RUPS”) Tahunan Bank tanggal 16 Mei 1) Appointed at the Bank's Annual General Meeting of Shareholders ("GMS") on 16 May 2025
2025 dan berlaku efektif setelah mendapat persetujuan dari Otoritas Jasa Keuangan atas and effective after obtaining approval from the Financial Services Authority for the fit and proper
penilaian kemampuan dan kepatutan (fit and proper test). test.
17
Page 679
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Struktur dan manajemen (lanjutan) b. Structure and management (continued)
Susunan Komite Audit Bank pada tanggal The composition of the Bank's Audit
31 Desember 2024 berdasarkan Surat Committee as at 31 December 2024 based on
Keputusan Direksi No. Kep: 04/200-KEP/DIR the Decree of the Board of Directors No. Kep:
tanggal 31 Mei 2024 dan Surat Dewan 04/200-KEP/DIR dated 31 May 2024 and the
Komisaris No. 04/017-3/KOM tanggal 31 Mei Letter of the Board of Commissioners No.
2024 adalah sebagai berikut: 04/017-3/KOM dated 31 May 2024 as follows:
31 Desember/December 2024
Komite Audit Audit Committee
Ketua Mohamad Nasir Chairman
Anggota Muliaman D. Hadad Member
Anggota Adiwarman Azwar Karim Member
Anggota Komaruddin Hidayat Member
Anggota Felicitas Tallulembang1) Member
Anggota Suharto Member
Anggota Rahmatina Awaliah Kasri Member
1) Diangkat dalam RUPS Tahunan tanggal 17 Mei 2024 dan telah mendapatkan persetujuan dari 1) Appointed at the Bank's Annual GMS on 17 May 2024 and has received approval from OJK in
OJK sesuai dengan Surat Keputusan Dewan Komisioner OJK No. KEPR-172/D.03/2024 accordance with OJK Board of Commissioners Decree No. KEPR-172/D.03/2024 dated
tanggal 9 Desember 2024. 9 December 2024.
Pada tanggal 31 Desember 2025 dan 2024 On 31 December 2025 and 2024, Corporate
Sekretaris Perusahaan dari Bank adalah Wisnu Secretary of the Bank is Wisnu Sunandar.
Sunandar.
Berdasarkan kebijakan Bank, manajemen Based on the Bank’s policies, key management
kunci Bank mencakup anggota Dewan of the Bank consists of members of the Board of
Komisaris dan Direksi. Commissioners and Board of Directors.
Gaji dan kompensasi lainnya yang dibayarkan Salaries and other compensation paid to the
kepada Dewan Komisaris dan Direksi untuk Board of Commissioners and the Board of
tahun yang berakhir pada 31 Desember 2025 Directors for the year ended 31 Desember 2025
dan 2024 sebesar Rp186.954 dan Rp159.386. and 2024 are Rp186,954 and Rp159,386.
Jumlah karyawan tetap Bank pada tanggal 31 As at 31 December 2025 and 2024, the Bank has
Desember 2025 dan 2024 masing-masing 16,274 and 16,691 employees, respectively.
sebanyak 16.274 dan 16.691 orang.
c. Penawaran Umum Perdana Saham c. Initial Public Offering (“IPO”)
Pada bulan Mei 2018, BRIS melakukan In May 2018, BRIS undertook the initial public
penawaran umum perdana saham meliputi offering of PT Bank BRIsyariah Tbk shares
2.623.350.600 lembar saham baru dengan nilai included 2,623,350,600 new shares with a
nominal Rp500 (nilai penuh) per lembar saham nominal value of Rp500 (full amount) per share
dengan harga jual Rp510 (nilai penuh) per at a selling price of Rp510 (full amount) per
lembar saham kepada masyarakat di share to the public in Indonesia. The Bank has
Indonesia. Bank telah mendapatkan surat received an effective registration statement
pernyataan efektif pendaftaran PT Bank letter of PT Bank BRISyariah Tbk regarding the
BRISyariah Tbk atas penawaran umum initial public offering of shares from OJK No.
perdana saham dari OJK No. S.37/D.04/2018 S.37/D.04/2018 dated 30 April 2018. The
tanggal 30 April 2018. Saham yang ditawarkan offered shares began to be listed and traded on
tersebut mulai dicatatkan dan diperdagangkan the Indonesia Stock Exchange (“IDX”) on 9 May
di Bursa Efek Indonesia (”BEI”) pada tanggal 2018.
9 Mei 2018.
18
Page 680
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Penawaran Umum Saham Terbatas d. Limited Public Offering
Pada bulan Desember 2022, Bank In December 2022, the Bank increased
meningkatkan modal ditempatkan dan disetor additional paid-in capital through Right Issue
melalui Penambahan Modal dengan Hak with Pre-Emptive Rights I (“PMHMETD” I), in
Memesan Efek Terlebih Dahulu I accordance with the results of the Extraordinary
(”PMHMETD” I), sesuai hasil keputusan Rapat General Meeting of Shareholder (“EGMS”)
Umum Pemegang Saham Luar Biasa dated September 23, 2022. From PMHMETD I,
(”RUPSLB”) tanggal 23 September 2022. Dari the Bank has increased its share capital by
PMHMETD I, Bank telah meningkatkan jumlah 4,999,952,795 Series B shares (full amount)
modal sahamnya sebanyak 4.999.952.795 with a nominal value of Rp500 per share (full
lembar saham Seri B (nilai penuh) dengan nilai amount), from Rp20,564,654 to Rp23,064,630,
nominal per lembar saham Rp500 (nilai penuh), as stated in Notarial Deed No. 191 dated
dari Rp20.564.654 menjadi Rp23.064.630, December 29, 2022 of Notary Jose Dima Satria,
sebagaimana tercantum pada Akta No. 191 S.H., M.Kn., in Jakarta. The Bank has received
tanggal 29 Desember 2022, Notaris Jose Dima an effective registration statement letter
Satria, S.H., M.Kn., di Jakarta. Bank telah regarding PMHMETD I to the Banks’
mendapatkan surat pernyataan efektif shareholders from OJK No. S.256/D.04/2022
pendaftaran sehubungan dengan PMHMETD I dated December 5, 2022.
kepada para pemegang saham Bank dari OJK
dengan No. S.256/D.04/2022 tanggal
5 Desember 2022.
2. KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICIES
Laporan keuangan Bank diselesaikan dan diotorisasi The financial statements of the Bank are completed
untuk terbit oleh Direksi pada tanggal and authorised for issuance by the Board of Directors
4 Februari 2026. on 4 February 2026.
Kebijakan akuntansi material yang diterapkan The material accounting policies adopted in
dalam penyusunan laporan keuangan Bank adalah preparing the Bank’s financial statements are set
seperti dijabarkan di bawah ini: out below:
a. Dasar penyusunan laporan keuangan a. Basis of preparation of financial statements
Berikut ini adalah ikhtisar kebijakan akuntansi Presented below are the material accounting
material yang diterapkan dalam penyusunan policies applied in the preparation of the
laporan keuangan Bank yang disusun financial statements of the Bank in accordance
berdasarkan Standar Akuntansi Keuangan di with Indonesian Financial Accounting
Indonesia yang mencakup Pernyataan Standar Standards which comprise of Statements of
Akuntansi Keuangan (“PSAK”), Pernyataan Financial Accounting Standards (“SFAS”),
Standar Akuntansi Keuangan Syariah (“PSAK Statements of Sharia Financial Accounting
Syariah”), Interpretasi Standar Akuntansi Standards (“SFAS Sharia”), Interpretation of
Keuangan (“ISAK”) yang diterbitkan oleh Ikatan Financial Accounting Standards (“ISAK”) issued
Akuntan Indonesia, Pedoman Akuntansi by Institute of Indonesian Chartered
Perbankan Syariah Indonesia (“PAPSI Revisi Accountant, Indonesia Sharia Banking
2013”) serta peraturan regulator pasar modal Accounting Guidelines (“PAPSI Revised 2013”)
yaitu Peraturan No. VIII.G.7 tentang “Penyajian as well as capital market regulator regulations,
dan Pengungkapan Laporan Keuangan Emiten which is Regulation No. VIII.G.7 regarding
dan Perusahaan Publik”, yang terlampir dalam “Financial Statements Presentation and
surat keputusan No. KEP-347/BL/2012. Disclosure of Issuers or Public Companies”,
Peraturan tersebut sekarang merupakan enclosed in the decision letter No. KEP-
regulasi dari Otoritas Jasa Keuangan (“OJK”). 347/BL/2012. The regulation is now a regulation
under Indonesian Financial Services Authority
(“OJK”).
19
Page 681
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
a. Dasar penyusunan laporan keuangan a. Basis of preparation of financial statements
(lanjutan) (continued)
Laporan keuangan disusun sesuai dengan The financial statements are prepared in
PSAK 401, “Penyajian Laporan Keuangan accordance with SFAS 401, “Presentation of
Syariah”. Berdasarkan PSAK 401, laporan Sharia Financial Statements”. Based on SFAS
keuangan bank syariah yang lengkap terdiri dari 401, a complete sharia bank financial
komponen-komponen sebagai berikut: statements consist of the following components:
(i) Laporan posisi keuangan; (i) Statements of financial position;
(ii) Laporan laba rugi dan penghasilan (ii) Statements of profit or loss and other
komprehensif lain; comprehensive income;
(iii) Laporan perubahan ekuitas; (iii) Statements of changes in equity;
(iv) Laporan arus kas; (iv) Statements of cash flows;
(v) Laporan rekonsiliasi pendapatan dan (v) Statements of reconciliation of income
bagi hasil; and revenue sharing;
(vi) Laporan sumber dan penyaluran dana (vi) Statements of sources and distribution of
zakat; zakat funds;
(vii) Laporan sumber dan penggunaan dana (vii) Statements of sources and uses of
kebajikan; dan qardhul hasan funds; and
(viii) Catatan atas laporan keuangan. (viii) Notes to the financial statements.
Laporan posisi keuangan, laporan laba rugi dan The statements of financial position, statements
penghasilan komprehensif lain, laporan arus of profit or loss and other comprehensive
kas dan laporan perubahan ekuitas merupakan income, statements of cash flows and
laporan keuangan yang mencerminkan statements of changes in equity are the
kegiatan komersial Bank sesuai prinsip syariah. financial statements reflecting the Bank's
commercial activities in accordance with sharia
principle.
Laporan keuangan disajikan berdasarkan nilai The financial statements are presented on a
historis, kecuali disebutkan lain sebagaimana historical cost basis, unless stated otherwise as
diuraikan dalam kebijakan akuntansi masing- described in the accounting policy for each
masing akun tersebut, dan disusun dengan account, and prepared on accrual basis, except
dasar akrual, kecuali laporan arus kas dan for statements of cash flows and statements of
laporan rekonsiliasi pendapatan dan bagi hasil. reconciliation of income and revenue sharing.
Laporan arus kas disusun dengan The statements of cash flows are prepared by
mengelompokkan arus kas dalam aktivitas classifying cash flows into operating, investing
operasi, investasi dan pendanaan. Arus kas and financing activities. Cash flows from
dari aktivitas operasi disusun dengan operating activities are prepared using the
menggunakan metode langsung. Untuk direct method. For the presentation of
penyajian laporan arus kas, kas dan setara kas statements of cash flows, cash and cash
terdiri dari kas, giro dan penempatan pada Bank equivalents consist of cash, current accounts
Indonesia, giro pada bank lain, dan and placements with Bank Indonesia, current
penempatan pada bank lain yang jatuh tempo accounts with other banks and placements with
dalam 3 (tiga) bulan dari tanggal akuisisi. other banks with maturities of 3 (three) months
from the date of acquisition.
Laporan rekonsiliasi pendapatan dan bagi hasil The statements of reconciliation of income and
merupakan rekonsiliasi antara pendapatan revenue sharing represents the reconciliation
bank syariah yang menggunakan dasar akrual between income of sharia bank under accrual
(accrual basis) dengan pendapatan yang basis and income distributed to fund owners
dibagihasilkan kepada pemilik dana yang under cash basis.
menggunakan dasar kas (cash basis).
20
Page 682
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
a. Dasar penyusunan laporan keuangan a. Basis of preparation of financial statements
(lanjutan) (continued)
Laporan sumber dan penyaluran dana zakat The statements of sources and distribution of
dan laporan sumber dan penggunaan dana zakat funds and statements of sources and uses
kebajikan merupakan laporan keuangan yang of qardhul hasan funds represent the financial
mencerminkan peran Bank sebagai pemegang statements reflecting the Bank’s role as the
amanah dana kegiatan sosial yang dikelola mandate holder of social activity funds which are
secara terpisah. separately managed.
Laporan sumber dan penyaluran dana zakat The statements of sources and distribution of
merupakan laporan yang menunjukkan sumber zakat funds show the sources and distribution of
dan penyaluran dana zakat dalam jangka waktu zakat funds for a certain period, and the
tertentu, serta dana zakat yang belum undistributed zakat funds on a particular date.
disalurkan pada tanggal tertentu.
Laporan sumber dan penggunaan dana The statements of sources and uses of qardhul
kebajikan menunjukkan sumber dan hasan funds show the sources and uses of
penggunaan dana kebajikan dalam jangka qardhul hasan funds for a certain period, and the
waktu tertentu serta saldo dana kebajikan pada qardhul hasan funds balance on a particular
tanggal tertentu. date.
Zakat adalah sebagian dari harta yang wajib Zakat is part of the wealth which must be taken
dikeluarkan oleh muzakki (pembayar zakat) out by muzakki (the zakat payer) to be given to
untuk diserahkan kepada mustahiq (penerima mustahiq (the zakat receiver). The sources of
zakat). Sumber dana zakat, infaq dan shadaqah zakat, infaq and shadaqah funds are derived from
berasal dari Bank dan pihak lain yang diterima the Bank and other parties to be distributed to
Bank untuk disalurkan kepada pihak yang parties eligible in accordance with sharia principle.
berhak sesuai dengan prinsip syariah.
Bank tidak secara langsung menjalankan fungsi The Bank is not directly involved in the
pengelolaan dana zakat dan dana kebajikan. management of zakat and qardhul hasan funds.
Bank menyalurkan dana zakat kepada entitas The Bank distributes zakat funds to the zakat
pengelola zakat yaitu BAZNAS dan lembaga management entity, namely BAZNAS and amil
amil zakat. zakat institution.
Bank menyalurkan dana kebajikan kepada The Bank distributes qardhul hasan funds to
beberapa lembaga antara lain BSI Maslahat, several institutions among others BSI Maslahat,
Dompet Dhuafa, Rumah Zakat, Baznas, dan Dompet Dhuafa, Rumah Zakat, Baznas, and
lain-lain. etc.
Mata uang pelaporan yang digunakan dalam The reporting currency used in the financial
laporan keuangan adalah mata uang Rupiah statements is Rupiah (“Rp”) which is also the
(“Rp”) yang juga merupakan mata uang Bank’s functional currency. The figures
fungsional. Angka-angka yang disajikan dalam presented in the financial statements, unless
laporan keuangan, kecuali bila dinyatakan otherwise stated, are rounded in millions of
secara khusus, adalah dibulatkan dalam jutaan Rupiah.
Rupiah.
21
Page 683
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
b. Perubahan Pernyataan Standar Akuntansi b. Changes to Statements of Financial
Keuangan (“PSAK”) dan Interpretasi Standar Accounting Standards (“SFAS”) and
Akuntansi Keuangan (“ISAK”) Interpretations of Financial Accounting
Standards (“IFAS”)
Pada tanggal 1 Januari 2025, terdapat standar On 1 January 2025, there were new standards
baru dan penyesuaian atau amendemen and adjustments or amendments for prevailing
terhadap standar yang masih berlaku dan standards and effective since that date as
berlaku efektif sejak tanggal tersebut sebagai follows:
berikut:
Amendemen PSAK 221: “Pengaruh Amendment of SFAS 221: “Effect of
Perubahan Kurs Valuta Asing” tentang Changes in Foreign Exchange Rates"
kekurangan ketertukaran. regarding the lack of convertibility.
Implementasi dari standar tersebut tidak The implementation of the above standard did
menghasilkan perubahan substansial not result in substantial changes to the Bank’s
terhadap kebijakan akuntansi Bank dan tidak accounting policies and had no material impact
memiliki dampak yang material terhadap to the Bank’s financial statements for current
laporan keuangan Bank di tahun berjalan atau period of prior financial years.
tahun sebelumnya.
c. Transaksi dengan pihak berelasi c. Transactions with related parties
Bank melakukan transaksi dengan pihak-pihak The Bank enters into transactions with parties
berelasi seperti yang didefinisikan dalam PSAK which are defined as related parties in
224 tentang “Pengungkapan Pihak-pihak accordance with SFAS 224 regarding “Related
Berelasi” dan Peraturan No. VIII.G.7 tentang Party Disclosures” and Regulation No. VIII.G.7
“Penyajian dan Pengungkapan Laporan regarding “Financial Statements Presentation
Keuangan Emiten atau Perusahaan Publik”. and Disclosure of Issuers or Public Companies”.
Suatu pihak dianggap pihak berelasi dengan A party is considered as a related party of the
Bank jika: Bank if:
(1) langsung, atau tidak langsung yang melalui (1) directly or indirectly through one or more
satu atau lebih perantara, suatu pihak: intermediaries, the party: (i) controls, or is
(i) mengendalikan, atau dikendalikan oleh, controlled by, or under common control with
atau berada di bawah pengendalian the Bank; (ii) has an interest in the Bank that
bersama, dengan Bank; (ii) memiliki provides significant influence to the Bank; or
kepentingan dalam Bank yang memberikan (iii) has joint control over the Bank;
pengaruh signifikan atas Bank; atau
(iii) memiliki pengendalian bersama atas
Bank;
(2) suatu pihak yang berada dalam kelompok (2) it is a member of the same group as the
usaha yang sama dengan Bank; Bank;
(3) suatu pihak adalah ventura bersama (3) it is a joint venture in which the Bank acts as
dimana Bank sebagai venturer; a venturer;
(4) suatu pihak adalah anggota dari personil (4) it is a member of the key management
manajemen kunci Bank; personnel of the Bank;
(5) suatu pihak adalah anggota keluarga dekat (5) it is a close family member of an individual
dari individu yang diuraikan dalam butir as described in point (1) or (4);
(1) atau (4);
22
Page 684
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
c. Transaksi dengan pihak berelasi (lanjutan) c. Transactions with related parties (continued)
Suatu pihak dianggap pihak berelasi dengan A party is considered as a related party of the
Bank jika: (lanjutan) Bank if: (continued)
(6) suatu pihak adalah entitas yang (6) it is an entity that is controlled, jointly
dikendalikan, dikendalikan bersama atau controlled or significantly influenced by or for
dipengaruhi signifikan oleh atau untuk pihak whom has significant voting rights in several
yang memiliki hak suara signifikan pada entities, directly or indirectly, by the
beberapa entitas, langsung maupun tidak individuals described in point (4) or (5); and
langsung, yaitu individu seperti diuraikan
dalam butir (4) atau (5); dan
(7) suatu pihak adalah suatu program imbalan (7) it is a post-employment benefit plan
pasca kerja untuk imbalan kerja dari Bank program for the employee benefit of either
atau entitas yang terkait dengan Bank. the Bank or entities related to the Bank.
Seluruh transaksi dan saldo yang material All material transactions and balances with
dengan pihak berelasi diungkapkan dalam related parties are disclosed in the relevant
catatan atas laporan keuangan yang relevan notes to the financial statements and the details
dan rinciannya telah disajikan dalam Catatan 45 are presented in Note 45 of the financial
atas laporan keuangan. statements.
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses
Piutang murabahah Murabahah receivables
Bank menghitung cadangan kerugian The Bank calculates individual allowance for
penurunan nilai individual untuk piutang impairment losses for murabahah receivable in
murabahah sesuai dengan ketentuan di PSAK accordance with SFAS 402 “Accounting for
402 "Akuntansi Murabahah", ISAK 402 Murabahah”, IFAS 402 “Impairment of
“Penurunan Nilai Piutang Murabahah”, dan Murabahah Receivables”, and PAPSI Revised
PAPSI Revisi 2013. 2013.
Bank mengevaluasi apakah terdapat bukti The Bank assesses whether there is any
objektif bahwa aset keuangan mengalami objective evidence that a financial asset is
penurunan nilai pada setiap tanggal laporan impaired at each statement of financial position
posisi keuangan. date.
Aset keuangan mengalami penurunan nilai jika Financial assets are impaired when an objective
bukti objektif menunjukkan bahwa peristiwa evidence demonstrates that a loss event has
yang merugikan telah terjadi setelah occurred after the initial recognition of the asset
pengakuan awal aset keuangan dan peristiwa and that the loss event has an impact on the
tersebut berdampak pada arus kas masa future cash flows of the financial asset that can
datang atas aset keuangan yang dapat be estimated reliably.
diestimasi secara andal.
Kriteria yang digunakan oleh Bank untuk The criteria used by the Bank to determine
menentukan bukti objektif dari penurunan nilai objective evidence of impairment are as follows:
adalah sebagai berikut:
(1) kesulitan keuangan signifikan yang dialami (1) significant financial difficulty of the issuer or
penerbit atau pihak peminjam; obligor;
(2) pelanggaran kontrak, seperti terjadinya (2) a breach of contract, such as a default or
wanprestasi atau tunggakan pembayaran arrears on principal or margin payments;
pokok atau margin;
(3) pihak pemberi pinjaman, dengan alasan (3) the lender, for economic or legal reasons
ekonomi atau hukum sehubungan dengan relating to the debtor’s financial difficulty,
kesulitan keuangan yang dialami pihak grants the debtor a concession that the
peminjam, memberikan keringanan lender would not otherwise consider;
(konsesi) pada pihak peminjam yang tidak
mungkin diberikan jika pihak peminjam tidak
mengalami kesulitan tersebut;
23
Page 685
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses (continued)
(lanjutan)
Piutang murabahah (lanjutan) Murabahah receivables (continued)
Kriteria yang digunakan oleh Bank untuk The criteria used by the Bank to determine
menentukan bukti objektif dari penurunan nilai objective evidence of impairment are as follows:
adalah sebagai berikut: (lanjutan) (continued)
(4) terdapat kemungkinan bahwa pihak (4) it becomes probable that the debtor will
peminjam akan dinyatakan pailit atau enter into bankruptcy or other financial
melakukan reorganisasi keuangan lainnya; reorganisation;
(5) hilangnya pasar aktif dari aset keuangan (5) the disappearance of an active market of
akibat kesulitan keuangan; financial assets due to financial difficulties;
(6) data yang dapat diobservasi (6) observable data indicating that there is a
mengindikasikan adanya penurunan yang measurable decrease in the estimated
dapat diukur atas estimasi arus kas masa future cash flows from a portfolio of financial
datang dari kelompok aset keuangan sejak assets since the initial recognition of those
pengakuan awal aset dimaksud, meskipun assets, although the decrease cannot yet be
penurunannya belum dapat diidentifikasi identified individually in the portfolio;
terhadap aset keuangan secara individual
dalam kelompok aset tersebut;
(7) memburuknya status pembayaran pihak (7) adverse changes in the payment status of
peminjam dalam kelompok tersebut; dan debtors in the portfolio; and
(8) kondisi ekonomi nasional atau lokal yang (8) national or local economic conditions that
berkorelasi dengan wanprestasi atas aset correlate with breach of contract of the
dalam kelompok tersebut. assets in the portfolio.
Bank pertama kali menentukan apakah The Bank first assesses whether an objective
terdapat bukti objektif penurunan nilai secara evidence of impairment for financial assets that
individual atas aset keuangan yang signifikan are individually significant and collectively for
dan secara kolektif untuk aset keuangan yang financial assets that are not individually
tidak signifikan secara individual. significant.
Jika Bank menentukan tidak terdapat bukti If the Bank determines that there is no objective
objektif mengenai penurunan nilai atas aset evidence of impairment for an individually
keuangan yang dinilai secara individual, assessed financial asset, whether significant or
terlepas aset keuangan tersebut signifikan atau not, it includes the asset in a group of financial
tidak, maka Bank memasukkan aset tersebut ke assets with similar financing risk characteristics
dalam kelompok aset keuangan yang memiliki and collectively assesses them for impairment.
karakteristik risiko pembiayaan yang serupa Financial assets that are individually assessed
dan menilai penurunan nilai kelompok tersebut for impairment, and for which an impairment
secara kolektif. Aset keuangan yang penurunan loss is or continues to be recognised is
nilainya dilakukan secara individual, dan untuk excluded in the collective assessment of
itu kerugian penurunan nilai telah diakui atau impairment.
tetap diakui, tidak termasuk dalam penilaian
penurunan nilai secara kolektif.
Bank menetapkan piutang murabahah yang The Bank determines murabahah receivables
harus dievaluasi penurunan nilainya secara to be evaluated for impairment through
individual, jika memenuhi salah satu kriteria di individual evaluation if one of the following
bawah ini: criteria is met:
(1) piutang murabahah memiliki kolektibilitas (1) murabahah receivables which have
kurang lancar, diragukan dan macet, dan collectibility status as substandard,
memiliki saldo nilai piutang secara doubtful and loss, and have an individual
individual di atas atau sama dengan receivables balance of above or equal to
Rp10.000; atau Rp10,000; or
(2) piutang murabahah yang direstrukturisasi (2) murabahah receivables that are
atau pernah direstrukturisasi dan yang restructured or have been restructured and
secara individual memiliki saldo nilai which individually have a balance of
piutang di atas Rp10.000. receivables above or equal Rp10,000.
24
Page 686
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses (continued)
(lanjutan)
Piutang murabahah (lanjutan) Murabahah receivables (continued)
Bank menetapkan piutang murabahah yang The Bank determines murabahah receivables to
harus dievaluasi penurunan nilainya secara be evaluated for impairment through collective
kolektif, jika memenuhi salah satu kriteria di evaluation if one of the following criteria is met:
bawah ini:
(1) piutang murabahah yang secara individual (1) murabahah receivables which individually
memiliki nilai signifikan namun tidak memiliki have significant value but there is no
bukti objektif penurunan nilai; objective evidence of impairment;
(2) piutang murabahah yang secara individual (2) murabahah receivables which individually
memiliki nilai tidak signifikan; atau have insignificant value; or
(3) piutang murabahah yang direstrukturisasi (3) restructured murabahah receivables which
yang secara individual memiliki nilai tidak individually have insignificant value.
signifikan.
Perhitungan cadangan kerugian penurunan The calculation of allowance for impairment
nilai atas aset keuangan yang dinilai secara losses on financial assets which are evaluated
kolektif dikelompokkan berdasarkan collectively, grouped based on similar receivable
karakteristik risiko piutang yang sama dengan risk characteristics and taking into account the
mempertimbangkan segmentasi piutang receivable segmentation on the basis of
berdasarkan pengalaman kerugian masa lalu historical loss experience (probability of default).
(probability of default).
Bank menggunakan metode analisis migrasi The Bank uses the migration analysis method
yang merupakan suatu metode analisis which is a statistical model analysis method to
statistik, untuk menilai cadangan kerugian assess allowance for impairment losses on
penurunan nilai atas piutang yang diberikan collective receivables. The Bank uses 5 (five)
secara kolektif. Bank menggunakan data years historical data to compute for the
historis 5 (lima) tahun dalam menghitung Probability of Default (“PD”) and Loss Given
Probability of Default (“PD”) dan Loss Given Default (“LGD”).
Default (“LGD”).
Kerugian penurunan nilai atas aset keuangan Impairment losses on financial assets recorded
yang dicatat pada biaya perolehan diamortisasi at amortised cost are measured as the
diukur sebesar selisih antara nilai tercatat aset difference between the carrying amount of the
keuangan dengan nilai kini estimasi arus kas financial assets and present value of estimated
masa datang yang didiskonto menggunakan future cash flows discounted at the financial
tingkat margin efektif awal dari aset keuangan assets original effective margin rate.
tersebut.
Kerugian yang terjadi diakui pada laporan laba Impairment losses are recognised in statements
rugi dan penghasilan komprehensif lain dan of profit or loss and other comprehensive
dicatat pada akun cadangan kerugian income and reflected in an allowance for
penurunan nilai sebagai pengurang terhadap impairment losses account against financial
aset keuangan yang dicatat pada biaya assets carried at amortised cost.
perolehan diamortisasi.
Penerimaan kembali atas aset keuangan yang The recoveries of written-off financial assets in
diberikan yang telah dihapusbukukan, pada the current year are credited by adjusting the
tahun berjalan dikreditkan dengan allowance for impairment losses accounts.
menyesuaikan akun cadangan kerugian Recoveries of written-off loans from previous
penurunan nilai. Penerimaan kembali atas years are recorded as operating income other
pinjaman yang diberikan yang telah than margin income.
dihapusbukukan pada tahun-tahun sebelumnya
dicatat sebagai pendapatan operasional selain
pendapatan margin.
25
Page 687
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses (continued)
(lanjutan)
Aset produktif selain piutang murabahah Earning assets other than murabahah
receivables
Aset produktif selain piutang murabahah terdiri Earning assets other than murabahah
terdiri dari giro dan penempatan pada Bank receivables consist of current accounts and
Indonesia dalam bentuk Deposito Berjangka placements with Bank Indonesia in the form of
Syariah Bank Indonesia dan Fasilitas Simpanan Bank Indonesia Sharia Term Deposits and Bank
Bank Indonesia Syariah (“FASBIS”), giro dan Indonesia Sharia Deposit Facilities (“FASBIS”),
penempatan pada bank lain, investasi pada current accounts and placements with other
surat berharga, piutang istishna, pinjaman banks, investments in marketable securities,
qardh, pembiayaan mudharabah, pembiayaan istishna receivables, funds of qardh,
musyarakah, aset yang diperoleh untuk ijarah, mudharabah financing, musyarakah financing,
serta komitmen dan kontinjensi yang memiliki assets acquired for ijarah, and commitments
risiko pembiayaan seperti bank garansi. Bank and contingencies which carry financing risk,
membentuk cadangan kerugian penurunan nilai such as bank guarantees. The Bank provides
berdasarkan estimasi kerugian aset produktif the allowance for impairment losses based on
yang tidak dapat ditagih sebagaimana diatur the estimated losses from uncollectible amount
dalam PSAK yang berlaku. Selain itu, Bank juga earning assets as stipulated in the applicable
menerapkan Peraturan Otoritas Jasa SFAS. In addition, the Bank also implemented
Keuangan (“POJK”) No. 02/POJK.03/2022 Regulation of the Financial Services Authority
tanggal 31 Januari 2022 tentang “Penilaian (“POJK”) No. 02/POJK.03/2022 dated 31
Kualitas Aset Bank Umum Syariah dan Unit January 2022 regarding “Asset Quality Ratings
Usaha Syariah” yang berlaku efektif tanggal for Sharia Bank and Sharia Business Unit” which
7 Februari 2022. was effective as at 7 February 2022.
Cadangan kerugian minimum yang harus The minimum allowance to be provided in
dibentuk sesuai dengan POJK adalah sebagai accordance with POJK is as follows:
berikut:
1) Cadangan umum, ditetapkan paling 1) General reserve, shall be no less than 1% of
rendah sebesar 1% dari aset produktif total earning assets classified as current,
yang digolongkan lancar diluar giro dan excluding current accounts and placements
penempatan pada Bank Indonesia, surat with Bank Indonesia, securities issued by
berharga yang diterbitkan pemerintah the government based on sharia principles
berdasarkan prinsip syariah dan aset and part of earning assets guaranteed cash
produktif yang dijamin dengan agunan collateral.
tunai.
2) Cadangan khusus, sekurang-kurangnya 2) Special reserves, shall be at least:
sebesar:
a) 5% dari aset produktif yang a) 5% of earning assets classified as
digolongkan Dalam Perhatian Khusus Special Mention after deducting the
setelah dikurangi nilai agunan; collateral value;
b) 15% dari aset produktif yang b) 15% of earning assets classified as
digolongkan Kurang Lancar setelah Substandard after deducting the
dikurangi nilai agunan; collateral value;
c) 50% dari aset produktif yang c) 50% of earning assets classified as
digolongkan Diragukan setelah Doubtful after deducting the collateral
dikurangi nilai agunan; dan value; and
d) 100% dari aset produktif yang d) 100% of earning assets classified as
digolongkan Macet setelah dikurangi Loss after deducting the collateral value.
nilai agunan.
26
Page 688
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses (continued)
(lanjutan)
Aset produktif selain piutang murabahah Earning assets other than murabahah
(lanjutan) receivables (continued)
Kriteria penilaian nilai agunan yang dapat The criteria for assessment of the value of
dikurangkan dalam pembentukan cadangan collateral that can be deducted in the calculation
kerugian penurunan nilai sesuai dengan POJK. of allowance for impairment losses are based
on POJK.
Bank melakukan pengkajian kecukupan The Bank conducts assessment upon the
cadangan kerugian penurunan nilai atas aset adequacy of the allowance for impairment
produktif yang dibentuk berdasarkan POJK No. losses on earning assets established based on
02/POJK.03/2022 dan mempertimbangkan POJK No. 02/POJK.03/2022 and consider the
estimasi kerugian aset produktif yang tidak estimated loss of earning assets that is
dapat ditagih. uncollectible.
Aset nonproduktif Non-earning assets
Aset nonproduktif adalah aset Bank selain aset Non-earning assets represent the Bank’s assets
produktif yang memiliki potensi kerugian, antara other than earning assets which have potential
lain dalam bentuk Agunan loss such as foreclosed
Yang Diambil Alih (“AYDA”), rekening collaterals (“AYDA”), inter-branches account,
perantara, temporary account, dan properti temporary account and abandoned property.
terbengkalai.
AYDA adalah aset yang diperoleh Bank, baik AYDA is an asset acquired through auction or
melalui pelelangan atau di luar pelelangan over the counter based on voluntary submission
berdasarkan penyerahan secara sukarela oleh by collateral owner or based on the power of
pemilik agunan atau berdasarkan kuasa untuk attorney to sell over the counter from collateral
menjual di luar lelang dari pemilik owner in the event of
agunan dalam hal nasabah tidak customer’s failure in meeting their liabilities to
memenuhi kewajibannya kepada Bank. Bank the Bank. The Bank is required to settle its
wajib melakukan upaya penyelesaian terhadap AYDA and prepare documentation of its effort to
AYDA yang dimiliki dan mendokumentasikan settle the assets.
upaya penyelesaian AYDA.
Penetapan nilai realisasi bersih wajib dilakukan The determination of net realisable value is
oleh penilai independen, untuk AYDA dengan required to be carried out by an independent
nilai Rp5.000 atau lebih. Sementara untuk appraiser for AYDA in the amount equivalent or
AYDA dengan nilai di bawah Rp5.000 dapat more than Rp5,000. Internal appraiser of the
menggunakan penilai internal Bank. Bank may be used for AYDA below Rp5,000.
Bank wajib menggunakan nilai yang terendah The Bank is required to use the lowest price if
apabila terdapat beberapa nilai dari penilai there are several values proposed by the
independen atau penilai internal Bank. independent or internal appraiser.
AYDA yang telah dilakukan upaya AYDA which completion efforts have been made
penyelesaian, ditetapkan memiliki kualitas: is determined to have quality as follows:
a) Lancar, apabila dimiliki sampai dengan 1 a) Current, if owned within 1 (one) year.
(satu) tahun.
b) Kurang Lancar, apabila dimiliki 1 (satu) b) Substandard, if owned 1 (one) year to 3
tahun sampai dengan 3 (tiga) tahun. (three) years.
c) Diragukan, apabila dimiliki 3 (tiga) tahun c) Doubtful, if owned 3 (three) years to 5 (five)
sampai dengan 5 (lima) tahun. years.
d) Macet, apabila dimiliki lebih dari 5 (lima) d) Loss, if owned more than 5 (five) years.
tahun.
27
Page 689
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses (continued)
(lanjutan)
Aset nonproduktif (lanjutan) Non-earning assets (continued)
AYDA sehubungan dengan penyelesaian AYDA acquired in relation to settlement of
pembiayaan (disajikan dalam akun aset lain) financing (presented in other assets account)
diakui sebesar nilai realisasi bersih maksimum are recognised at net realisable value maximum
sebesar kewajiban nasabah. Nilai realisasi at the value of debtors’ obligation. Net realisable
bersih adalah nilai wajar aset setelah dikurangi value is the fair value of the asset after deducting
estimasi biaya pelepasan. Setelah pengakuan the estimated disposal costs. Subsequent to
awal, AYDA dicatat sebesar nilai yang lebih initial recognition, AYDA are stated at the lower
rendah antara nilai tercatat dengan nilai of the carrying value or the recovery value.
wajarnya setelah dikurangi biaya untuk
menjualnya.
Rekening perantara adalah akun tagihan yang Inter-branch account is receivable or payable
timbul dari transaksi antar kantor yang belum arising from inter-branch transactions that are
diselesaikan dalam jangka waktu tertentu. unsettled after a certain period of time.
Temporary account adalah akun yang Temporary accounts is accounts used in daily
digunakan dalam operasional perbankan banking operations that are temporary and must
sehari-hari yang bersifat sementara dan harus be settled immediately within a certain time
segera diselesaikan dalam jangka waktu period determined by the Bank.
tertentu yang telah ditetapkan oleh Bank.
Bank wajib melakukan upaya penyelesaian The Bank is required to settle its inter-branch
rekening perantara dan temporary account. account and temporary account.
Kualitas rekening perantara dan temporary The quality of inter-branch account and
account ditetapkan sebagai berikut: temporary account are determined as:
1) Lancar, apabila tercatat dalam pembukuan 1) Current, if the transaction has been
Bank sampai dengan 180 (seratus delapan recorded in the Bank’s book up to 180 (one
puluh) hari. hundred and eighty) days.
2) Macet, apabila tercatat dalam pembukuan 2) Loss, if the transaction has been recorded
Bank lebih dari 180 (seratus delapan in the Bank’s book over 180 (one hundred
puluh) hari. and eighty) days.
Properti terbengkalai adalah aset tetap dalam Abandoned property is a fixed asset in the form
bentuk properti yang dimiliki Bank tetapi tidak of property owned by the Bank but not used for
digunakan untuk kegiatan usaha Bank yang normal Bank business activities.
lazim.
Bank wajib melakukan upaya penyelesaian The Bank is required to settle its abandoned
properti terbengkalai. property.
Kualitas properti terbengkalai ditetapkan The quality of abandoned property are
sebagai berikut: determined as:
a) Lancar, apabila dimiliki sampai dengan 1 a) Current, if owned within 1 (one) year.
(satu) tahun.
b) Kurang Lancar, apabila dimiliki 1 (satu) b) Substandard, if owned 1 (one) year to 3
tahun sampai dengan 3 (tiga) tahun. (three) years.
c) Diragukan, apabila dimiliki 3 (tiga) tahun c) Doubtful, if owned 3 (three) years to 5 (five)
sampai dengan 5 (lima) tahun. years.
d) Macet, apabila dimiliki lebih dari 5 (lima) d) Loss, if owned more than 5 (five) years.
tahun.
28
Page 690
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
e. Giro dan penempatan pada Bank Indonesia e. Current accounts and placements with Bank
Indonesia
Giro dan penempatan pada Bank Indonesia Current accounts and placements with Bank
terdiri dari giro wadiah pada Bank Indonesia Indonesia consist of wadiah current accounts
dan penanaman dana pada Bank Indonesia with Bank Indonesia and placements of funds
berupa Fasilitas Simpanan Bank Indonesia with Bank Indonesia in the form of Bank
Syariah (“FASBIS”) dan Deposito Berjangka Indonesia Sharia Deposit Facilities (“FASBIS”)
Syariah Bank Indonesia. and Bank Indonesia Sharia Term Deposits.
FASBIS merupakan sertifikat yang diterbitkan FASBIS are certificates issued by Bank
Bank Indonesia sebagai bukti penitipan dana Indonesia as evidence of short-term deposit of
berjangka pendek dengan prinsip wadiah. funds with the principles of wadiah. Bank
Deposito Berjangka Syariah Bank Indonesia Indonesia Sharia Term Deposits are term
merupakan penempatan berjangka di Bank deposits in Bank Indonesia with the principles of
Indonesia dengan prinsip jualah. Giro dan jualah. Current accounts and placements with
penempatan pada Bank Indonesia disajikan Bank Indonesia are presented at the
sebesar saldo penempatan. outstanding balance.
f. Giro dan penempatan pada bank lain f. Current accounts and placements with other
banks
Giro pada bank lain dinyatakan sebesar saldo Current accounts with other Banks are stated at
giro dikurangi dengan cadangan kerugian their outstanding balances net of allowance for
penurunan nilai. Bonus yang diterima Bank dari impairment losses. Bonuses received by the
Bank Umum Syariah diakui sebagai Bank from Sharia Commercial Banks are
pendapatan usaha lainnya. Penerimaan jasa recognised as other operating income.
giro dari bank nonsyariah tidak diakui sebagai Proceeds of interest on current accounts from
pendapatan Bank. non-sharia banks are not recognised as the
Bank's income.
Dana penerimaan jasa giro yang berasal dari The received current account service funds that
bank nonsyariah dikategorikan sebagai dana come from non-sharia bank are categorised as
nonhalal, sehingga Bank Syariah non-halal funds, so Sharia Bank then distributed
menyalurkannya sebagai dana kebajikan. as qardhul hasan funds. Before the qardhul
Sebelum dana kebajikan tersebut disalurkan, hasan funds are distributed, it is recorded in
maka pencatatannya di sisi liabilitas. liabilities.
g. Investasi pada surat berharga g. Investments in marketable securities
Surat berharga syariah adalah surat bukti Sharia marketable securities are proof of
penanaman dalam surat berharga berdasarkan investments under sharia principles commonly
prinsip syariah yang lazim diperdagangkan di traded in sharia money market and/or sharia
pasar uang syariah dan/atau pasar modal stock exchange, such as sharia bonds (sukuk)
syariah, antara lain obligasi syariah (sukuk) dan and mutual funds.
reksa dana.
Pada saat pengakuan awal, Bank menentukan At initial recognition, the Bank determines the
klasifikasi investasi pada surat berharga classification of investments in marketable
sebagai diukur pada biaya perolehan securities either measured at amortised cost,
diamortisasi, diukur pada nilai wajar melalui fair value through other comprehensive income
penghasilan komprehensif lain atau diukur pada or fair value through profit or loss.
nilai wajar melalui laba rugi.
29
Page 691
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
g. Investasi pada surat berharga (lanjutan) g. Investments in marketable securities
(continued)
a. Diukur pada biaya perolehan diamortisasi a. Measured at amortised cost
Investasi tersebut dimiliki dalam suatu The investment is held in a business
model usaha yang bertujuan utama model whereby the primary goal is to
untuk memperoleh arus kas obtain contractual cash flows and has
kontraktual dan terdapat persyaratan contractual terms in determining the
kontraktual dalam menentukan specific date of principal payments and
tanggal tertentu atas pembayaran or the results;
pokok dan atau hasilnya;
Biaya perolehan surat berharga Marketable securities acquisition cost
termasuk biaya transaksi; dan includes transaction cost; and
Selisih antara biaya perolehan dan The difference between the acquisition
nilai nominal diamortisasi secara garis cost and the nominal value is
lurus selama jangka waktu sukuk dan amortised on a straight-line basis over
diakui dalam laba rugi. the period of the sukuk and recognised
in profit or loss.
b. Diukur pada nilai wajar melalui b. Measured at fair value through other
penghasilan komprehensif lain comprehensive income
Investasi tersebut dimiliki dalam suatu The investment is held in a business
model usaha yang bertujuan utama model whereby the primary goal is to
untuk memperoleh arus kas obtain contractual cash flows and to
kontraktual dan melakukan penjualan sell the marketable securities, and has
surat berharga, terdapat persyaratan contractual terms in determining the
kontraktual dalam menentukan specific date of principal payments and
tanggal tertentu atas pembayaran or the results;
pokok dan atau hasilnya;
Biaya perolehan surat berharga Marketable securities acquisition cost
termasuk biaya transaksi; includes transaction cost;
Selisih antara biaya perolehan dan The difference between acquisition
nilai nominal diamortisasi secara garis cost and the nominal value is
lurus selama jangka waktu surat amortised on a straight-line basis over
berharga dan diakui dalam laba rugi; the period of the marketable securities
dan and is recognised in profit or loss; and
Keuntungan atau kerugian dari Gain or loss from changes of fair value
perubahan nilai wajar diakui dalam is recognised in other comprehensive
penghasilan komprehensif lain setelah income after considering unamortised
memperhitungkan saldo selisih biaya difference of acquisition cost and
perolehan dan nilai nominal yang nominal value and accumulated gain
belum diamortisasi dan saldo or loss of fair value which has been
akumulasi keuntungan dan kerugian previously recognised in other
nilai wajar yang telah diakui dalam comprehensive income. When
penghasilan komprehensif lain marketable securities are
sebelumnya. Ketika investasi surat derecognised, the accumulated gain or
berharga dihentikan pengakuannya, loss which has been previously
akumulasi keuntungan atau kerugian recognised in other comprehensive
yang sebelumnya diakui dalam income is reclassified to profit or loss
penghasilan komprehensif lain as reclassification adjustment.
direklasifikasi ke laba rugi sebagai
penyesuaian reklasifikasi.
c. Diukur pada nilai wajar melalui laba rugi c. Measured at fair value through profit or
loss
Biaya perolehan surat berharga tidak Marketable securities acquisition cost
termasuk biaya transaksi; dan excludes transaction cost; and
Selisih antara nilai wajar dan jumlah The difference between fair value and
tercatat diakui dalam laba rugi. the carrying value is recognised in
profit or loss.
30
Page 692
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
h. Tagihan dan liabilitas akseptasi h. Acceptance receivables and liabilities
Tagihan dan liabilitas akseptasi merupakan Acceptance receivables and liabilities represent
transaksi Letter of Credit (“L/C”) dan Surat Letters of Credit (“L/C”) and Domestic
Kredit Berdokumen dalam Negeri (“SKBDN”) Documentary Letters of Credit (“SKBDN”)
yang diterima oleh bank penerima. transactions that have been accepted by the
accepting bank.
Tagihan dan liabilitas akseptasi dinyatakan Acceptance receivables and liabilities are stated
sebesar biaya perolehan diamortisasi. Tagihan at amortised cost. Acceptances receivable are
akseptasi disajikan setelah dikurangi cadangan stated at net of allowance for impairment losses.
kerugian penurunan nilai.
Tagihan akseptasi diklasifikasikan sebagai Acceptance receivables are classified as
pinjaman yang diberikan dan piutang. Liabilitas financing and receivables. Acceptance liabilities
akseptasi diklasifikasi sebagai kewajiban are classified as financial liabilities at amortised
keuangan yang dicatat pada biaya perolehan cost.
diamortisasi.
i. Piutang i. Receivables
Piutang terdiri dari piutang murabahah, piutang Receivables consist of murabahah receivables,
istishna, dan piutang ijarah. istishna receivables and ijarah receivables.
Murabahah adalah akad jual beli antara Murabahah is a sale and purchase contract
nasabah dengan Bank, dimana Bank between the customer and the Bank, whereby
membiayai kebutuhan konsumsi, investasi dan the Bank finances the consumption, investment
modal kerja nasabah yang dijual dengan harga and working capital needs of the customer sold
pokok ditambah dengan keuntungan yang with a principle price plus a certain margin that
diketahui dan disepakati bersama. Pembayaran is mutually informed and agreed. Repayment on
atas pembiayaan ini dilakukan dengan cara this financing is made in installments within a
mengangsur dalam jangka waktu yang specified period.
ditentukan.
Piutang murabahah pada awalnya diukur pada Murabahah receivables are initially measured at
nilai bersih ditambah dengan biaya transaksi net realisable value plus directly attributable
yang dapat diatribusikan secara langsung dan transaction costs which is an additional cost to
merupakan biaya tambahan untuk obtain the respected financial assets and after
memperoleh aset keuangan tersebut dan the initial recognition, are measured at
setelah pengakuan awal diukur pada biaya amortised cost using the effective margin
perolehan diamortisasi menggunakan metode method less any allowance for impairment
margin efektif dikurangi dengan cadangan losses value.
kerugian penurunan nilai.
Istishna adalah akad penjualan antara Istishna is a sale and purchase contract
al-mustashni (pembeli) dan al-shani (produsen between al-mustashni (buyer) and al-shani
yang juga bertindak sebagai penjual). (manufacturer also acting as the seller). Based
Berdasarkan akad tersebut, pembeli on the contract, the buyer orders the
menugaskan produsen untuk membuat atau manufacturer to produce or to supply al-mashnu
mengadakan al-mashnu (barang pesanan) (goods ordered) according to the specifications
sesuai spesifikasi yang disyaratkan pembeli required by the buyer and to sell them at agreed
dan menjualnya dengan harga yang price.
disepakati.
Piutang istishna disajikan sebesar tagihan Istishna receivables are stated at the amount
termin kepada pembeli akhir dikurangi dengan billed to customer less allowance for impairment
cadangan kerugian penurunan nilai. Margin losses. Deferred istishna margin is presented as
istishna yang ditangguhkan disajikan sebagai a contra account of istishna receivables.
pos lawan piutang istishna.
Ijarah adalah akad sewa antara pihak yang Ijarah is the lease contract between the party
menyewakan aset ijarah (mu’jir) dengan who rents out the ijarah assets (mu'jir) and the
penyewa/penerima manfaat barang (musta’jir) lessee/beneficiary of the goods (musta'jir) or
atau antara penerima jasa (musta’jir) dengan between the recipient of the service (musta'jir)
pihak yang memberikan jasa (ajir) untuk and the party who provide the service (ajir) to
mempertukarkan manfaat dan ujrah, baik exchange benefits and ujrah, both benefits of
manfaat aset ijarah maupun jasa. ijarah assets or services.
31
Page 693
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
i. Piutang (lanjutan) i. Receivables (continued)
Piutang ijarah terdiri dari piutang ijarah atas Ijarah receivables consist of ijarah of assets and
aset dan piutang ijarah multijasa. Piutang multi-services ijarah receivables. Ijarah of
ijarah atas aset adalah porsi pokok atas assets receivables are the principal portion of
pendapatan sewa yang telah jatuh tempo dan unpaid rent income at maturity. Multi-services
belum dibayar. Piutang ijarah multijasa adalah ijarah receivables are the principal portion of
porsi pokok atas pendapatan sewa yang belum unpaid rent income at maturity. Allowance for
dibayar sampai dengan jatuh tempo. impairment losses accounts on ijarah of assets
Cadangan kerugian penurunan nilai atas receivables and multi-services ijarah
piutang ijarah atas aset dan piutang ijarah receivables are presented as a contra account
multijasa disajikan sebagai pos lawan piutang of ijarah of assets receivables and multi-services
ijarah atas aset dan piutang ijarah multijasa. ijarah receivables. The Bank records ujrah
Bank mencatat ujrah ijarah atas aset yang receivables of ijarah of assets and multi-services
akan diterima dan ijarah multijasa yang akan ijarah as other assets.
diterima sebagai aset lainnya.
Skema restrukturisasi dilakukan dengan Restructuring scheme involves extension of
perpanjangan jangka waktu dan/atau maturity date and/or rescheduling debtor’s
penjadwalan kembali piutang bagi debitur receivables without changing the total margin to
tanpa mengubah jumlah margin yang harus be paid so that there is no gain or loss from
dibayar sehingga tidak terdapat keuntungan restructurisation. Margin income after
atau kerugian dari restrukturisasi. Pendapatan restructurisation is recognised based on the
margin setelah restrukturisasi diakui sesuai installment schedule after restructurisation.
jadwal angsuran setelah restrukturisasi.
j. Pinjaman qardh j. Funds of qardh
Pinjaman qardh adalah penyaluran dana Funds of qardh represent a distribution of funds
dengan akad qardh. with qardh contract.
Akad qardh adalah akad pinjaman dana Qardh contract is a borrowing contract with the
kepada nasabah dengan ketentuan bahwa condition that the borrower should repay the
nasabah wajib mengembalikan dana yang loan at a specified period of time.
diterimanya pada waktu yang telah disepakati.
Pinjaman qardh meliputi pembiayaan dengan Funds of qardh includes hawalah and rahn
akad hawalah dan rahn. Akad hawalah adalah financing contract. Hawalah is a transfer of debts
akad pengalihan utang dari pihak yang from debtors (customers) to other party (Bank)
berutang (nasabah) kepada pihak lain (Bank) which obligate to shoulder or pay. The Bank will
yang wajib menanggung atau membayar. Atas obtain an ujrah (fee) from this transaction, which
transaksi ini Bank mendapatkan ujrah is recognised as income when received.
(imbalan) dan diakui sebagai pendapatan pada
saat diterima.
Akad rahn merupakan transaksi Rahn contract is the pawn of goods or assets by
menggadaikan barang atau harta dari nasabah customers to the Bank with the money as
kepada Bank dengan uang sebagai gantinya. compensation. Goods or assets being pawned
Barang atau harta yang digadaikan tersebut are valued in accordance with the market price
dinilai sesuai harga pasar dikurangi persentase less a certain percentage and the Bank gets
tertentu dan sebagai imbalannya Bank ujrah (fee) in return which are recognised on an
mendapatkan ujrah (imbalan) dan diakui accrual basis.
berdasarkan basis akrual.
Pinjaman qardh diakui sebesar jumlah dana Funds of qardh are recognised at the same
yang dipinjamkan pada saat terjadinya. Pada amount of funds lent when these occur. On the
tanggal laporan posisi keuangan, pinjaman statements of financial position date, funds of
qardh dinyatakan sebesar saldo pinjaman qardh is stated at the outstanding financing
dikurangi dengan saldo cadangan kerugian balance less allowance for impairment losses
penurunan nilai yang dibentuk berdasarkan which is provided based on the management’s
hasil reviu oleh manajemen terhadap kualitas review of the financing quality.
pembiayaan yang ada.
32
Page 694
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
j. Pinjaman qardh (lanjutan) j. Funds of qardh (continued)
Skema restrukturisasi dilakukan dengan Restructuring scheme involves extension of
perpanjangan jangka waktu dan/atau maturity date and/or rescheduling debtor’s
penjadwalan kembali pinjaman qardh bagi funds of qardh. Ujrah income after
debitur. Pendapatan ujrah setelah restructurisation is recognised amounting to the
restrukturisasi diakui sebesar ujrah yang agreed ujrah after restructurisation.
disepakati setelah restrukturisasi.
k. Pembiayaan k. Financing
Pembiayaan bagi hasil dapat dilakukan dengan Financing with profit sharing scheme can be
akad mudharabah dan akad musyarakah. done in the form of mudharabah and
musyarakah contract.
Pembiayaan mudharabah merupakan Mudharabah financing is a joint financing made
pembiayaan kerjasama antara Bank sebagai between the Bank as the owner of the funds
pemilik dana (shahibul maal) dengan nasabah (shahibul maal) and the customer as a business
sebagai pelaksana usaha (mudharib) selama executor (mudharib) during a certain period.
jangka waktu tertentu. Pembagian hasil The profit sharing from the project or the
keuntungan dari proyek atau usaha tersebut business is determined in accordance with the
ditentukan sesuai dengan nisbah mutually agreed nisbah (predetermined ratio).
(predetermined ratio) yang telah disepakati On the statements of financial position date,
bersama. Pada tanggal laporan posisi mudharabah financing is stated at the
keuangan, pembiayaan mudharabah outstanding financing balance less allowance
dinyatakan sebesar saldo pembiayaan for impairment losses which is provided based
dikurangi dengan saldo cadangan kerugian on the management’s review of the financing
penurunan nilai yang dibentuk berdasarkan quality.
hasil reviu oleh manajemen terhadap kualitas
pembiayaan yang ada.
Pembiayaan musyarakah adalah akad Musyarakah financing is a partnership contract
kerjasama yang terjadi di antara para pemilik among fund’s owners (musyarakah partners) to
modal (mitra musyarakah) untuk contribute funds and conduct a business on a
menggabungkan modal dan melakukan usaha joint basis through partnership with the profit
secara bersama dalam suatu kemitraan dengan sharing based on a predetermined ratio, while
pembagian hasil sesuai dengan kesepakatan, the losses are borne proportionally based on
sedangkan kerugian ditanggung secara the capital contribution. On the statements of
proporsional sesuai dengan kontribusi modal. financial position dates, musyarakah financing
Pada tanggal laporan posisi keuangan, is stated at the outstanding financing balance
pembiayaan musyarakah dinyatakan sebesar less allowance for impairment losses which is
saldo pembiayaan dikurangi dengan saldo provided based on the management’s review on
cadangan kerugian penurunan nilai yang the existing financing quality.
dibentuk berdasarkan hasil reviu oleh
manajemen terhadap kualitas pembiayaan
yang ada.
Skema restrukturisasi dilakukan dengan Restructuring scheme involves extension of
perpanjangan jangka waktu dan/atau maturity date and/or rescheduling debtor’s
penjadwalan kembali pembiayaan bagi debitur. financing. Profit sharing income after
Pendapatan bagi hasil setelah restrukturisasi restructurisation is recognised amounting to the
diakui sebesar hak bagi hasil sesuai nisbah profit sharing based on the agreed nisbah after
yang disepakati setelah restrukturisasi. restructurisation.
l. Aset yang diperoleh untuk ijarah l. Assets acquired for ijarah
Ijarah atas aset adalah ijarah atas manfaat dari Ijarah of assets is ijarah for the benefits of ijarah
aset ijarah. assets.
Ijarah muntahiyah bittamlik adalah sewa Ijarah muntahiyah bittamlik is a lease
menyewa antara pemilik objek sewa dan transaction between the lessor and lessee to
penyewa untuk mendapatkan imbalan atas obtain fee from the object leased with the option
objek sewa yang disewakan dengan opsi of transferring the title through purchase or grant
perpindahan hak milik objek sewa baik dengan at a certain time in accordance with the lease
jual beli atau pemberian (hibah) pada saat contract.
tertentu sesuai akad sewa.
33
Page 695
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
l. Aset yang diperoleh untuk ijarah (lanjutan) l. Assets acquired for ijarah (continued)
Aset yang diperoleh untuk ijarah merupakan Assets acquired for ijarah represent object of
aset yang menjadi objek transaksi sewa atas leased assets and are recorded in the
aset dan dicatat di laporan posisi keuangan statements of financial position at the acquisition
sebesar harga perolehan dikurangi akumulasi cost, net of accumulated depreciation.
penyusutan.
Objek sewa dalam transaksi ijarah atas aset Leased object in ijarah of assets transaction is
disusutkan sesuai kebijakan penyusutan aset depreciated based on the depreciation policy for
sejenis, sedangkan objek sewa dalam ijarah similar assets, while leased object in ijarah
muntahiyah bittamlik disusutkan sesuai masa muntahiyah bittamlik transaction is depreciated
sewa. based on leased term.
Perpindahan hak milik objek sewa kepada The transfer of ownership right on the leased
penyewa dalam ijarah muntahiyah bittamlik object to the lessee in ijarah muntahiyah
dapat dilakukan dengan cara: bittamlik can be conducted through:
(i) hibah; atau (i) a grant; or
(ii) penjualan. (ii) sales.
Nilai tercatat aset segera diturunkan sebesar The carrying value of asset is immediately
jumlah yang dapat dipulihkan jika nilai tercatat impaired to its recoverable amount if the asset's
aset lebih besar dari estimasi jumlah yang carrying amount is greater than the estimated
dapat dipulihkan. recoverable amount.
Ijarah atas jasa (multijasa) adalah ijarah atas Ijarah of services (multi-services) is ijarah for the
manfaat dari jasa. Ijarah multijasa secara tidak benefits of services. Indirect multi-services ijarah
langsung yaitu ijarah atas jasa yang mana is an ijarah for services where another entity
entitas lain yang memberikan jasa kepada provides services to the lessee. Indirect multi-
penyewa. Ijarah multijasa tidak langsung tidak services ijarah does not recognise assets
mengakui aset yang diperoleh untuk ijarah. acquired for ijarah. The Bank recognise the
Bank mengakui saldo pokok ijarah multijasa unpaid principal balance of the multi-services
yang belum dibayar sebagai piutang ijarah ijarah as multi-services ijarah receivable.
multijasa.
m. Aset tetap, aset hak guna, dan aset tidak m. Fixed assets, right-of-use assets, and
berwujud intangible assets
Aset tetap Fixed assets
Aset tetap dinilai sebesar harga perolehan Fixed assets are stated at cost less accumulated
dikurangi akumulasi penyusutan, kecuali tanah depreciation, except for land which is valued
dinilai dengan metode revaluasi. Harga with revaluation method. The acquisition cost
perolehan termasuk pengeluaran yang dapat includes directly attributable cost for the
diatribusikan secara langsung atas perolehan acquisition of the asset. The land is stated at fair
aset tersebut. Tanah disajikan sebesar nilai value, based on the assessment performed by
wajar, berdasarkan penilaian yang dilakukan external independent appraisers which are
oleh penilai independen eksternal yang telah registered with OJK. Valuation are performed
terdaftar di OJK. Penilaian atas aset tersebut regularly every three years to ensure that the fair
dilakukan secara berkala setiap tiga tahun value of the revalued assets does not differ
untuk memastikan bahwa nilai wajar aset yang materially from its carrying amount. All other
direvaluasi tidak berbeda secara material property, plant and equipment are stated at
dengan jumlah tercatatnya. Aset tetap lainnya historical cost less depreciation. Historical cost
disajikan sebesar harga perolehan dikurangi includes expenditure that is directly attributable
dengan penyusutan. Harga perolehan to the acquisition of the items. Land is not
termasuk pengeluaran yang dapat diatribusikan depreciated.
secara langsung atas perolehan aset tersebut.
Tanah tidak disusutkan.
34
Page 696
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
m. Aset tetap, aset hak guna, dan aset tidak m. Fixed assets, right-of-use assets, and
berwujud (lanjutan) intangible assets (continued)
Aset tetap (lanjutan) Fixed assets (continued)
Aset tetap, kecuali tanah, disusutkan sejak Fixed assets, except land, are depreciated from
bulan ketika aset tersebut digunakan dengan the month of the usage of assets and computed
menggunakan metode garis lurus selama using the straight-line method based on the
taksiran masa manfaat aset sebagai berikut: estimated useful life of the assets as follows:
Tahun/Years
Bangunan 20 Buildings
Renovasi bangunan 10 Buildings improvement
Instalasi, kendaraan bermotor, Installation, vehicles,
inventaris kantor dan office equipment and
renovasi atas aset sewa 5*) leasehold improvement
*) 5 tahun atau mengikuti masa manfaat teknis *) 5 years or following the technical benefit period
Nilai sisa aset, masa manfaat dan metode The assets’ residual values, useful lives and
penyusutan ditelaah dan jika perlu disesuaikan, depreciation method are reviewed and adjusted
pada setiap akhir periode pelaporan. if appropriate, at the end of each reporting
period.
Biaya-biaya setelah pengakuan awal diakui Costs after initial recognition are recognised as
sebagai bagian nilai tercatat aset atau sebagai part of the carrying amount of the asset or as a
aset yang terpisah, sebagaimana mestinya, separate asset, as appropriate, only when the
hanya jika kemungkinan besar Bank mendapat Bank is likely to benefit economically in the
manfaat ekonomis di masa depan berkenaan future with respect to these assets and the
dengan aset tersebut dan biaya perolehan aset acquisition cost can be reliably measured. The
dapat diukur dengan andal. Nilai tercatat dari carrying value of the replaced part are removed
komponen yang diganti dihapuskan. Biaya from the accounts. All other repairs and
perbaikan dan pemeliharaan dibebankan ke maintenance are charged to the statements of
dalam laporan laba rugi dan penghasilan profit or loss and other comprehensive income
komprehensif lain dalam tahun keuangan ketika in the financial period when these costs occur.
biaya-biaya tersebut terjadi.
Kenaikan nilai tercatat yang timbul dari The increase in the carrying amount arising from
revaluasi tanah dikreditkan pada “selisih revaluation of land is credited to "surplus on
revaluasi aset tetap” sebagai bagian dari fixed assets revaluation" as part of other
pendapatan komprehensif lainnya. comprehensive income.
Penurunan yang menghapus nilai kenaikan The decrease in the carrying amount that offset
yang sebelumnya atas aset yang sama previous increase of the same asset is charged
dibebankan terhadap “selisih revaluasi aset to "surplus on fixed assets revaluation" as part
tetap” sebagai bagian dari pendapatan of other comprehensive income, other decrease
komprehensif lainnya; penurunan lainnya is charged to the statements of profit or loss and
dibebankan pada laporan laba rugi dan other comprehensive income.
penghasilan komprehensif lain.
Nilai tercatat aset segera diturunkan sebesar The carrying value of asset is immediately
jumlah yang dapat dipulihkan jika nilai tercatat impaired to its recoverable amount if the asset’s
aset lebih besar dari estimasi jumlah yang carrying amount is greater than the estimated
dapat dipulihkan. recoverable amount.
Apabila aset tetap dilepas, maka nilai harga The net gains or losses arising from disposal of
perolehan dan akumulasi penyusutannya the fixed assets are determined by comparing
dikeluarkan dari laporan posisi keuangan dan the proceeds received from disposal with the
keuntungan atau kerugian bersih atas carrying amount of the assets and recognised in
pelepasan aset tetap diakui pada “pendapatan “non-operating income and expenses” in the
dan beban nonusaha” dalam laporan laba rugi statements of profit or loss and other
dan penghasilan komprehensif lain. Jika aset comprehensive income. When the revalued
yang direvaluasi dijual, jumlah yang dicatat di assets are sold, amounts recorded in equity are
dalam ekuitas dipindahkan ke saldo laba. transferred to retained earnings.
35
Page 697
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
m. Aset tetap, aset hak guna, dan aset tidak m. Fixed assets, right-of-use assets, and
berwujud (lanjutan) intangible assets (continued)
Aset hak guna Right-of-use assets
Pada tanggal permulaan kontrak, Bank menilai At the inception of a contract, the Bank assesses
apakah kontrak merupakan atau mengandung whether the contract is or contains a lease. A
sewa. Suatu kontrak merupakan atau contract is or contains a lease if the contract
mengandung sewa jika kontrak tersebut conveys the right to control the use of an
memberikan hak untuk mengendalikan identified assets for a period of time in exchange
penggunaan aset identifikasian selama suatu for consideration.
jangka waktu untuk dipertukarkan dengan
imbalan.
Bank tidak mengakui aset hak guna dan The Bank does not to recognise the right-of-use
liabilitas sewa untuk: asset and lease liabilities for:
Sewa dengan jangka waktu kurang atau Leases with a term of less or equal to 12
sama dengan 12 bulan dan tidak terdapat months and there is no call option; and
opsi beli; dan
Sewa atas aset dengan nilai rendah. Leases of low value assets.
Untuk menilai apakah kontrak memberikan hak To assess whether a contract conveys the right
untuk mengendalikan penggunaan aset to control the use of an identified asset, the Bank
identifikasian, Bank harus menilai apakah: shall assess whether:
Bank memiliki hak untuk mendapatkan The Bank has the right to obtain
secara substansial seluruh manfaat substantially all the economic benefit from
ekonomi dari penggunaan aset use of the asset throughout the period of
identifikasian; dan use; and
Bank memiliki hak untuk mengarahkan The Bank has the right to direct the use of
penggunaan aset identifikasian. Bank the identified asset. The Bank has the right
memiliki hak ini ketika Bank memiliki hak when it has a relevant decision-making right
untuk pengambilan keputusan yang relevan on how and for what purpose the asset is
tentang bagaimana dan untuk tujuan apa used are predetermined and:
aset digunakan telah ditentukan
sebelumnya dan:
1. Bank memiliki hak untuk 1. The Bank has the right to operate the
mengoperasikan aset; dan asset; and
2. Bank telah mendesain aset dengan cara 2. The Bank has designed the asset in a
menetapkan sebelumnya bagaimana way that predetermine how and for what
dan untuk tujuan apa aset akan purposes it will be used.
digunakan selama periode penggunaan.
Pada tanggal permulaan sewa, Bank mengakui The Bank recognises a right-of-use assets and
aset hak guna dan liabilitas sewa. Aset hak lease liabilities at the leases commencement
guna diukur pada biaya perolehan, dimana date. The right-of-use assets is initially
meliputi jumlah pengukuran awal liabilitas sewa measured at cost, which comprises the initial
yang disesuaikan dengan pembayaran sewa amount of the lease liabilities adjusted for any
yang dilakukan pada atau sebelum tanggal leases payment made at or before the
permulaan, ditambah dengan biaya langsung commencement date, plus any initial direct cost
awal yang dikeluarkan. Aset hak guna incurred. The right-of-use assets is amortised
diamortisasi dengan menggunakan metode over the straight-line method throughout the
garis lurus sepanjang jangka waktu sewa. lease term.
Liabilitas sewa diukur pada nilai kini The lease liabilities are initially measured at the
pembayaran sewa yang belum dibayar pada present value of the lease payments that are not
tanggal permulaan, didiskontokan dengan paid at the commencement date, discounted
menggunakan suku bunga implisit dalam sewa using the interest rate implicit in the lease or, if
atau jika suku bunga tersebut tidak dapat that right cannot be readily determined, using
ditentukan, maka menggunakan suku bunga incremental borrowing rate. Generally, the Bank
pinjaman inkremental. Pada umumnya, Bank uses its incremental borrowing rate as a
menggunakan suku bunga pinjaman discount rate.
inkremental sebagai tingkat bunga diskonto.
36
Page 698
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
m. Aset tetap, aset hak guna, dan aset tidak m. Fixed assets, right-of-use assets, and
berwujud (lanjutan) intangible assets (continued)
Aset hak guna (lanjutan) Right-of-use assets (continued)
Pembayaran sewa dialokasikan menjadi bagian Each leases payment is allocated between the
pokok dan biaya keuangan. Biaya keuangan liabilities and finance cost. The finance cost is
dibebankan pada laba rugi selama periode charged to profit or loss over the leases period
sewa sehingga menghasilkan tingkat suku so as to produce a constant periodic rate of
bunga periodik yang konstan atas saldo interest on the remaining balance of the
liabilitas untuk setiap periode. liabilities for each period.
Jika sewa mengalihkan kepemilikan aset If the leases transfers ownership of the
pendasar kepada Bank pada akhir masa sewa underlying asset to the Bank by the end of the
atau jika biaya perolehan aset hak guna leases term or if the cost of the right-of-use
merefleksikan Bank akan mengeksekusi opsi assets reflects that the Bank will exercise a
beli, maka Bank menyusutkan aset hak guna purchase option, the Bank depreciates the right-
dari tanggal permulaan hingga akhir umur of-use assets from the commencement date to
manfaat aset pendasar. Jika tidak, maka Bank the end of the useful life of the underlying asset.
menyusutkan aset hak guna dari tanggal Otherwise, the Bank depreciates the right-of-
permulaan hingga tanggal yang lebih awal use assets from the commencement date to the
antara akhir umur manfaat aset hak guna atau earlier of the end of the useful life of the right-of-
akhir masa sewa. use assets or the end of the leases term.
Aset tidak berwujud Intangible assets
Aset tidak berwujud diakui jika, dan hanya jika, Intangible assets are recognised if, and only if
biaya perolehan aset tersebut dapat diukur the cost of the asset can be measured reliably
secara andal dan kemungkinan besar Bank and it is probable that the Bank will obtain future
akan memperoleh manfaat ekonomis masa economic benefits from the assets. Intangible
depan dari aset tersebut. Aset tidak berwujud assets consist of software.
terdiri dari perangkat lunak.
Perangkat lunak yang dibeli oleh Bank dicatat Software acquired by the Bank is recorded at
sebesar biaya perolehan dikurangi akumulasi cost less accumulated amortisation. The
amortisasi. Metode amortisasi, estimasi masa amortisation method, estimated useful life and
manfaat dan nilai residual ditelaah pada setiap residual value are reviewed at the end of each
akhir tahun pelaporan dan disesuaikan jika reporting year and adjusted if deemed
dianggap tepat. appropriate.
Biaya yang dapat diatribusikan secara langsung Directly attributable costs that are capitalised as
dikapitalisasi sebagai bagian produk perangkat part of the software product include the software
lunak mencakup beban pekerja pengembang development employee costs and an
perangkat lunak dan bagian overhead yang appropriate portion of relevant overheads.
relevan.
Biaya yang terkait dengan pemeliharaan Costs associated with maintaining computer
perangkat lunak diakui sebagai beban pada software programs are recognised as an
saat terjadinya. Biaya pengembangan yang expense as incurred. Development costs
sebelumnya diakui sebagai beban, tidak dapat previously recognised as an expense are not
diakui sebagai aset pada periode berikutnya. recognised as an asset in a subsequent period.
Perangkat lunak diamortisasi sejak bulan ketika Software are amortised from the month of the
aset tersebut digunakan dengan menggunakan usage of assets by computed using the straight-
metode garis lurus selama taksiran masa line method based on the estimated useful life
manfaat aset yaitu 5 dan 10 tahun. of the assets, which is 5 and 10 years.
37
Page 699
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
n. Perpajakan n. Taxation
Beban pajak tahun berjalan ditetapkan Current tax expense is provided based on the
berdasarkan taksiran penghasilan kena pajak estimated taxable income for the current year.
tahun berjalan. Aset dan liabilitas pajak Deferred tax assets and liabilities are
tangguhan diakui atas perbedaan temporer recognised for temporary differences between
aset dan liabilitas antara pelaporan komersial the financial and the tax bases of assets and
dan pajak pada setiap tanggal pelaporan. liabilities at each reporting date.
Aset pajak tangguhan diakui untuk seluruh Deferred tax assets are recognised for all
perbedaan temporer yang boleh dikurangkan deductible temporary differences and carry
dan saldo rugi fiskal yang belum forward of uncompensated tax losses to the
dikompensasikan, sepanjang perbedaan extent that it is probable that those temporary
temporer dan rugi fiskal yang belum differences and carry forward of
dikompensasikan tersebut dapat dimanfaatkan uncompensated tax losses will be utilised in
untuk mengurangi laba fiskal pada masa yang deducting future taxable profit.
akan datang.
Jumlah tercatat aset pajak tangguhan ditelaah The carrying amount of deferred tax assets is
pada setiap tanggal posisi keuangan dan nilai reviewed at each reporting date and is reduced
tercatat aset pajak tangguhan tersebut when it is no longer probable that sufficient
diturunkan apabila tidak lagi terdapat taxable profits will be available to compensate
kemungkinan besar bahwa laba fiskal yang part or all of the benefit of the deferred tax
memadai akan tersedia untuk assets.
mengkompensasi sebagian atau semua
manfaat aset pajak tangguhan.
Perubahan terhadap liabilitas pajak diakui pada Amendment to tax obligation is recorded when
saat surat ketetapan pajak diterima, atau an assessment letter is received or, if objected
apabila diajukan keberatan dan atau banding to or appealed against by the Bank, when the
oleh Bank, pada saat telah ada keputusan atas result of such appeal or objection is determined.
banding dan atau keberatan tersebut. Jika If needed, management will provide provisions
perlu, manajemen akan membentuk provisi based on the estimated amount which will be
berdasarkan jumlah yang diestimasikan akan paid to tax authority.
dibayar kepada otoritas pajak.
Aset dan liabilitas atas pajak tangguhan dan Assets and liabilities on deferred tax and
pajak kini dapat saling hapus apabila terdapat current tax can be offset if there is a legal
hak yang berkekuatan hukum untuk melakukan enforceable right to offset.
saling hapus.
Aset dan liabilitas pajak tangguhan diukur Deferred tax assets and liabilities are measured
berdasarkan tarif pajak yang akan berlaku pada at the tax rates that are expected to apply to the
tahun saat aset direalisasikan atau liabilitas year when the asset is realised or the liability is
diselesaikan berdasarkan peraturan settled based on tax laws that have been
perpajakan yang berlaku atau yang telah enacted or substantively enacted as at
secara substantif diberlakukan pada tanggal statements of financial position dates. The
laporan posisi keuangan. Pengaruh pajak related tax effects of the provisions for and/or
terkait dengan penyisihan untuk dan/atau reversals of all temporary differences during
pembalikan seluruh perbedaan temporer the year, including the effect of change in tax
selama tahun berjalan, termasuk pengaruh rates, are recognised as “Income Tax
perubahan tarif pajak, diakui sebagai Benefit/(Expense)” and included in the net profit
“Manfaat/(Beban) Pajak Penghasilan” dan or loss for the year, except to the extent that
termasuk dalam laba atau rugi bersih tahun they relate to items previously charged to other
berjalan, kecuali untuk transaksi-transaksi yang comprehensive income and reported to equity.
sebelumnya telah langsung dibebankan ke laba
komprehensif lainnya dan dilaporkan ke
ekuitas.
38
Page 700
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
o. Aset lain-lain o. Other assets
Aset lain-lain antara lain terdiri dari biaya Other assets among other consist of prepaid
dibayar dimuka, pendapatan yang masih akan expense and income receivables and AYDA.
diterima dan AYDA.
Biaya dibayar dimuka diamortisasi selama Prepaid expenses are amortised over the useful
masa manfaat dengan menggunakan metode life using the straight-line method. Foreclosed
garis lurus. Agunan yang diambil alih collaterals acquired in relation to settlement of
sehubungan dengan penyelesaian pembiayaan financing are recognised at net realisable value
diakui sebesar nilai realisasi bersih maksimum maximum at the value of debtors’ obligation. Net
sebesar kewajiban nasabah. Nilai realisasi realisable value is the fair value of the asset
bersih adalah nilai wajar aset setelah dikurangi after deducting the estimated disposal costs.
estimasi biaya pelepasan. Setelah pengakuan Subsequent to initial recognition, foreclosed
awal, AYDA dicatat sebesar nilai yang lebih collaterals are stated at the lower of the carrying
rendah antara nilai tercatat dengan nilai value or the recovery value.
wajarnya setelah dikurangi biaya untuk
menjualnya.
p. Liabilitas segera p. Obligations due immediately
Liabilitas segera merupakan liabilitas Bank Obligations due immediately represent the
kepada pihak lain yang sifatnya wajib segera Bank’s obligations to other parties which should
dibayarkan sesuai perintah pemberi amanat be settled immediately based on predetermined
perjanjian yang ditetapkan sebelumnya. instructions by those having the authority.
Liabilitas segera dinyatakan sebesar nilai Obligations due immediately are stated at the
liabilitas Bank kepada pemberi amanat. amounts of the Bank’s liabilities to the entrustee.
q. Bagi hasil yang belum dibagikan q. Undistributed revenue sharing
Bagi hasil yg belum dibagikan adalah bagi hasil Undistributed profit sharing refers to the portion
yang telah diperhitungkan pada akhir periode of profit sharing that has been accrued at the
tetapi belum jatuh tempo. Bagi hasil ini meliputi end of the period but has not yet matured. This
transaksi yang memiliki perjanjian waktu includes transactions with agreed placement
penempatan antara lain: deposito, surat periods, such as deposits, issued securities, and
berharga yang diterbitkan dan pembiayaan received financing.
yang diterima.
r. Simpanan dari nasabah dan bank lain r. Deposits from customers and other banks
Simpanan merupakan simpanan pihak lain Deposits represent other parties’ deposits in the
dalam bentuk giro wadiah dan tabungan form of wadiah demand deposits and wadiah
wadiah. Simpanan dari bank lain dinyatakan savings deposits. Deposits from other banks are
sebesar nilai kewajiban Bank kepada bank lain. stated at the amounts payable to other banks.
Giro wadiah digunakan sebagai instrumen Wadiah demand deposits are used as payment
pembayaran dan dapat ditarik setiap saat instruments and available for withdrawal at any
melalui cek dan bilyet giro, serta mendapatkan time through cheque and demand deposit drafts
bonus sesuai dengan kebijakan Bank. Giro and receive bonuses according to the Bank’s
wadiah dinyatakan sebesar titipan pemegang policies. Wadiah demand deposits are stated at
giro di Bank. the amount entrusted by depositors in the Bank.
Tabungan wadiah adalah simpanan dana Wadiah savings deposits are customers’
nasabah pada Bank, yang bersifat titipan dan deposits in the Bank which are entrusted and
penarikannya dapat dilakukan setiap saat. can be withdrawn at any time. For these
Terhadap titipan tersebut, Bank tidak deposits, the Bank is not required to give any
dipersyaratkan untuk memberikan imbalan benefits except in terms of voluntary bonuses.
kecuali dalam bentuk pemberian bonus secara Wadiah deposits are stated at the amount
sukarela. Tabungan wadiah dinyatakan payable to customers.
sebesar liabilitas Bank.
39
Page 701
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
s. Liabilitas kepada Bank Indonesia s. Liabilities to Bank Indonesia
Liabilitas kepada Bank Indonesia (”PaSBI”) Liabilities to Bank Indonesia (“PaSBI”) is liquidity
merupakan pengelolaan likuiditas berdasarkan management based on Bank Indonesia sharia
prinsip syariah Bank Indonesia. Bank Indonesia principles. Bank Indonesia and the Bank agreed
dan Bank sepakat melakukan akad wakalah bil to enter into a wakalah bil ististmar agreement
ististmar untuk pengelolaan dana dengan for managing funds with collateral in the form of
agunan berupa surat berharga syariah. Dana sharia securities. Funds received are
yang diterima diakui sebagai liabilitas kepada recognized as liabilities to Bank Indonesia. The
Bank Indonesia. Bank melakukan pengelolaan Bank manages funds for overall business
dana untuk kegiatan investasi usaha secara investment activities (mutlaqah), returns of
keseluruhan (mutlaqah), pengembalian dana managed funds and payment of management
kelolaan dan pembayaran hasil pengelolaan results (istitsmar) are made at the time of
(istitsmar) dilakukan pada saat pelunasan. settlement. Liabilities to Bank Indonesia are
Liabilitas kepada Bank Indonesia dicatat stated at the issuance cash value received from
sebesar nilai tunai yang diterima dari suatu sharia securities intervention instrument in a
instrumen intervensi surat berharga syariah regular monetary operation by Bank Indonesia.
dalam suatu operasi moneter reguler oleh Bank
Indonesia.
t. Pinjaman yang akan diterima t. Borrowings received
Pinjaman diterima merupakan dana yang Borrowings received refer to funds obtained
diterima dari bank lain, Bank Indonesia atau from other banks, Bank Indonesia, or other
pihak lain dengan liabilitas pembayaran kembali parties, which are subject to repayment
sesuai dengan persyaratan perjanjian obligations in accordance with the terms and
pinjaman. conditions of the loan agreement.
u. Imbalan kerja u. Employee benefits
Imbalan kerja jangka pendek Short-term employee benefits
Imbalan kerja jangka pendek seperti upah, Short-term employee benefits such as salaries,
iuran jaminan sosial, cuti jangka pendek dan social security contributions, short-term leaves
tunjangan hari raya diakui selama tahun and allowance of feast day are recognised
berjalan jasa diberikan. Imbalan jangka pendek during the period when services have been
dihitung sebesar jumlah yang tidak rendered. Short-term employee benefits are
didiskontokan. measured using undiscounted amounts.
Program pensiun iuran pasti Defined contribution plan
Iuran kepada dana pensiun sebesar persentase Contribution payable to the pension fund
tertentu gaji pegawai yang menjadi peserta equivalent to a certain percentage of salaries for
program pensiun iuran pasti Bank. Iuran qualified employees under the Bank’s defined
dicadangkan dan diakui sebagai biaya ketika contribution plan. The contribution is accrued
jasa telah diberikan oleh pegawai-pegawai and recognised as expense when services have
tersebut dan pembayarannya dikurangkan dari been rendered by qualified employees and
utang iuran. Iuran terutang dihitung actual payments are deducted from the
berdasarkan jumlah yang tidak didiskontokan. contribution payable. Contribution payable is
measured using undiscounted amounts.
Program imbalan pasti dan imbalan kerja Defined benefit plan and other long-term
jangka panjang lainnya employee benefits
Imbalan pasca kerja dan imbalan kerja jangka The post-employment benefits and other long-
panjang lainnya seperti cuti besar diakui term employee benefits such as grand leaves
sebagai biaya ketika jasa telah diberikan oleh are recognised as expense when services have
pegawai yang memenuhi syarat. Imbalan kerja been rendered by qualified employees. The
ditentukan berdasarkan peraturan Bank dan benefits are determined based on Bank
Undang-Undang Cipta Kerja No. 11 Tahun regulations and Labor Law No. 11 of 2020 dated
2020 tanggal 2 November 2021. 2 November 2021.
40
Page 702
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
u. Imbalan kerja (lanjutan) u. Employee benefits (continued)
Program imbalan pasti dan imbalan kerja Defined benefit plan and other long-term
jangka panjang lainnya (lanjutan) employee benefits (continued)
Imbalan pasca kerja dan imbalan kerja jangka The post-employment benefits and other long-
panjang lainnya secara aktuaris ditentukan term employee benefits are actuarially
berdasarkan metode Projected Unit Credit. determined using the Projected Unit Credit
method.
Pengukuran kembali atas liabilitas (aset) Remeasurement of net defined benefit liabilities
imbalan pasti bersih, yang diakui sebagai (assets), which is recognised as other
penghasilan komprehensif lain terdiri atas: comprehensive income consist of:
(i) Keuntungan dan kerugian aktuarial; (i) Actuarial gain and losses;
(ii) Imbal hasil atas aset program, tidak (ii) Return on plan assets, excluding amounts
termasuk jumlah yang dimasukkan dalam that is included in net interest on liabilities
bunga bersih atas liabilitas (aset); dan (assets); and
(iii) Setiap perubahan dampak batas aset, (iii) The effect of the asset ceiling, excluding
tidak termasuk jumlah yang dimasukkan amounts included in the net interest of
dalam bunga bersih atas liabilitas (aset). liabilities (assets).
Pengukuran kembali atas liabilitas (aset) Remeasurement of defined benefit liabilities
imbalan pasti - bersih, yang diakui sebagai (assets) - net, which is recognised as other
penghasilan komprehensif lain tidak comprehensive income is not reclassified to
direklasifikasi ke laba rugi pada periode profit or loss in the subsequent periods.
berikutnya.
Untuk imbalan kerja jangka panjang lain atas For other long-term employee benefits: current
biaya jasa kini, biaya bunga bersih atas liabilitas service cost, net interest expense of net defined
(aset) imbalan pasti bersih dan pengukuran benefit liabilities (assets) and re-measurement of
kembali liabilitas (aset) imbalan pasti bersih liabilities (assets) is recognised immediately in
langsung diakui pada laporan laba rugi dan the current year statements of profit or loss and
penghasilan komprehensif lain tahun berjalan. other comprehensive income.
Biaya jasa lalu diakui sebagai beban pada Past service costs are recognised as expense at
tanggal yang lebih awal antara ketika the earlier date between the occurrence of the
amendemen atau kurtailmen program terjadi, amendments or curtailment program occurs, and
dan ketika biaya restrukturisasi atau pesangon the recognition of the costs of restructuring or
diakui, sehingga biaya jasa lalu yang belum severance. Therefore, unvested past service
vested tidak lagi dapat ditangguhkan dan diakui cost can no longer be deferred and recognised
selama periode vesting masa depan. over the future vesting period.
v. Liabilitas lain-lain v. Other Liabilities
Liabilitas lain-lain antara lain terdiri dari Other liabilities consist of unearned income,
pendapatan diterima dimuka, liabilitas sewa lease liabilities, and accrued expenses.
dan beban yang masih harus dibayar. Unearned income refers to compensation
Pendapatan diterima dimuka adalah imbalan received at the beginning of a partnership
yang diterima diawal aktivitas kerja sama dan activity, which is recognized as income over the
diakui sebagai pendapatan selama periode term of the agreement. Lease liabilities
perjanjian, sedangkan liabilitas sewa adalah represent obligations for costs incurred as a
kewajiban atas biaya-biaya sebagai consequence of using assets over a specified
konsekuensi telah menggunakan aset selama period. Accrued expenses are provisions for
periode tertentu dan biaya yang masih harus costs whose benefits have already been
dibayar merupakan cadangan atas biaya yang received by the Bank but have not yet been
manfaatnya telah diterima oleh Bank namun invoiced by third parties.
belum ditagihkan oleh pihak ketiga
41
Page 703
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
w. Dana syirkah temporer w. Temporary syirkah funds
Dana syirkah temporer adalah investasi yang Temporary syirkah funds represent investment
diterima oleh Bank. Bank mempunyai hak untuk received by the Bank. The Bank has the rights
mengelola dan menginvestasikan dana, baik to manage and invest the funds in accordance
sesuai dengan kebijakan Bank atau kebijakan with either the Bank’s policy or restriction set by
pembatasan dari pemilik dana, dengan the depositors with the agreed profit sharing. An
keuntungan dibagikan sesuai dengan example of temporary syirkah funds is the
kesepakatan. Contoh dari dana syirkah receipt of funds from a mudharabah muthlaqoh,
temporer adalah penerimaan dana dari mudharabah muqayyadah, mudharabah
investasi mudharabah muthlaqoh, mudharabah musytarokah and other similar accounts. For
muqayyadah, mudharabah musytarokah, dan example: mudharabah demand deposits,
akun lain yang sejenis, misalnya: giro mudharabah savings deposits and mudharabah
mudharabah, tabungan mudharabah, dan time deposits.
deposito mudharabah.
Tabungan mudharabah merupakan simpanan Mudharabah savings deposits represent funds
dana pihak-pihak lain yang mendapatkan from other parties which receive predetermined
imbalan bagi hasil dari pendapatan Bank atas and pre-agreed profit sharing (nisbah) based on
penggunaan dana tersebut dengan nisbah income derived by the Bank from the use of such
yang ditetapkan dan disetujui sebelumnya. funds. Mudharabah savings deposits are stated
Tabungan mudharabah dicatat sebesar nilai based on the customer’s savings deposit
simpanan dari nasabah. balance.
Deposito mudharabah merupakan simpanan Mudharabah time deposits represent third party
pihak lain yang hanya bisa ditarik pada waktu funds that can be withdrawn only at a certain
tertentu sesuai dengan perjanjian antara point in time based on the agreement between
pemegang deposito mudharabah dengan Bank. the depositors and the Bank.
Deposito mudharabah dinyatakan sebesar nilai Mudharabah time deposits are stated at nominal
nominal sesuai dengan perjanjian antara amount based on the agreement between the
pemegang deposito dengan Bank. depositors and the Bank.
Dana syirkah temporer tidak dapat digolongkan Temporary syirkah funds cannot be classified as
sebagai liabilitas. Hal ini karena Bank tidak liabilities. This is because the Bank does not
berkewajiban untuk mengembalikan jumlah have any liabilities to return the fund to the
dana awal dari pemilik dana kecuali akibat owners, except for losses due to the
kelalaian atau wanprestasi ketika mengalami management’s negligence or
kerugian. misrepresentation.
Di sisi lain dana syirkah temporer tidak dapat On the other hand, temporary syirkah funds
digolongkan sebagai ekuitas karena cannot also be classified as equity, because of
mempunyai waktu jatuh tempo dan pemilik the existence of maturity period and the absence
dana tidak mempunyai hak kepemilikan yang of similar rights of depositors as with
sama dengan pemegang saham, seperti hak shareholders, such as voting rights and the
voting dan hak atas realisasi keuntungan yang rights to realise gain from current assets and
berasal dari aset lancar dan aset noninvestasi. other non-investment assets.
Dana syirkah temporer merupakan salah satu Temporary syirkah funds represent one of the
unsur laporan posisi keuangan, hal tersebut statements of financial position accounts which
sesuai dengan prinsip syariah yang is in accordance with sharia principles that
memberikan hak kepada Bank untuk mengelola provide rights to the Bank to manage and invest
dan menginvestasikan dana, termasuk untuk funds, including mixing of one fund with the
mencampur dana dimaksud dengan dana other funds.
lainnya.
42
Page 704
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
w. Dana syirkah temporer (lanjutan) w. Temporary syirkah funds (continued)
Pemilik dana syirkah temporer memperoleh The owners of temporary syirkah funds receive
bagian atas keuntungan sesuai kesepakatan parts of profit in accordance with the agreement
dan menerima kerugian berdasarkan jumlah and receive loss based on the proportion of fund
dana dari masing-masing pihak. Pembagian from each parties. The profit distribution of
hasil dana syirkah temporer dapat dilakukan temporary syirkah funds might be based on
dengan konsep bagi hasil atau bagi profit sharing or revenue sharing concept.
keuntungan.
x. Sertifikat Investasi Mudharabah Antarbank x. Interbank Mudharabah Investment
(”SIMA”) Certificate (“SIMA”)
Sertifikat yang digunakan sebagai sarana untuk The certificate used as a means to obtain funds
mendapatkan dana dari bank lain dengan from other banks based on the principle of
prinsip mudharabah, Yang dikelompokkan mudharabah. Included in this certificate are
dalam sertifikat ini adalah surat berharga securities in the form of mudharabah
berupa investasi mudharabah antar bank yang investments between banks issued by one bank
dikeluarkan bank kepada bank lain yang akan to another, which will be settled at maturity.
dilunasi pada saat jatuh tempo.
y. Sukuk mudharabah y. Sukuk mudharabah
Sukuk mudharabah diakui sebesar nilai wajar Sukuk mudharabah is initially recognised at fair
pada awalnya dan selanjutnya diukur sebesar value and subsequently measured at amortised
biaya perolehan diamortisasi dengan cost using a straight-line method. Amortised cost
menggunakan garis lurus. Biaya perolehan is calculated by taking into account any discount
diamortisasi dihitung dengan memperhitungkan or premium associated to the initial recognition
adanya diskonto atau premi terkait dengan and transaction cost. The funds received from
pengakuan awal dan biaya transaksi. Dana the fund owners are recognised as temporary
yang diterima dari pemilik dana diakui sebagai syirkah funds.
dana syirkah temporer.
z. Pembiayaan berjangka mudharabah z. Mudharabah term financing
Pembiayaan berjangka mudharabah Mudharabah term financing is a joint financing
merupakan pembiayaan kerjasama antara made between the Bank as the business
Bank sebagai pelaksana usaha (mudharib) executor (mudharib) and the other bank as the
dengan bank lain sebagai pemilik dana owner of the funds (shahibul maal) during a
(shahibul maal) selama jangka waktu tertentu. certain period. The funds received from the fund
Dana yang diterima dari pemilik dana diakui owners are recognised as temporary syirkah
sebagai dana syirkah temporer sebesar jumlah funds amounting to the cash received. On the
kas yang diterima. Pada tanggal laporan posisi statements of financial position date, temporary
keuangan, dana syirkah temporer diukur dan syirkah funds are measured and presented at
disajikan sebesar nilai tercatat. the carrying amount.
Hak pemilik dana atas bagi hasil usaha yang The right of the fund owner to the profit sharing
sudah diperhitungkan tetapi belum dibagikan that has been calculated but has not yet been
kepada pemilik dana diakui sebagai liabilitas. distributed to the fund owner is recognised as a
liability.
43
Page 705
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
aa. Pendapatan pengelolaan dana sebagai aa. Income from fund management as mudharib
mudharib
Pendapatan pengelolaan dana sebagai Income from fund management as mudharib
mudharib terdiri dari pendapatan dari transaksi consists of income from murabahah receivables
piutang murabahah, istishna, pendapatan dari transactions, istishna receivables, income from
ijarah, pendapatan bagi hasil dari pembiayaan ijarah, profit sharing from mudharabah and
mudharabah dan musyarakah dan pendapatan musyarakah financing and other main operating
usaha utama lainnya. income.
Pendapatan atas piutang murabahah Income from murabahah receivables is
menggunakan metode setara tingkat imbal hasil recognised using the effective rate of return
efektif (margin efektif). Margin efektif adalah method (effective margin). Effective margin is
margin yang secara tepat mendiskontokan the margin that precisely discounts the
estimasi pembayaran atau penerimaan kas di estimated future cash payments or receipts
masa datang selama perkiraan umur dari through the expected life of the murabahah
piutang murabahah. receivables.
Pada saat menghitung margin efektif, Bank When calculating the effective margin, the Bank
mengestimasi arus kas di masa datang dengan estimates the future cash flows considering all
mempertimbangkan seluruh persyaratan contractual terms of the financial instrument, but
kontraktual dalam instrumen keuangan does not consider the loss of receivables in the
tersebut, tetapi tidak mempertimbangkan future. This calculation includes all
kerugian piutang di masa mendatang. commissions, provision fees and other forms
Perhitungan ini mencakup seluruh komisi, accepted by the parties in the contract that are
provisi dan bentuk lain yang diterima oleh para an inseparable part of the effective margin,
pihak dalam kontrak yang merupakan bagian transaction costs and all other premiums or
tak terpisahkan dari margin efektif, biaya discounts.
transaksi dan seluruh premi atau diskon
lainnya.
Pendapatan istishna diakui apabila telah terjadi Income from istishna is recognised at the date of
penyerahan barang. transfer of assets.
Pendapatan ijarah muntahiyah bittamlik Income from ijarah muntahiyah bittamlik
(“IMBT”) diakui selama masa akad secara (“IMBT”) is recognised over the contract period
merata sejak aset tersedia sampai akhir akad. evenly from the time the assets become
Bank mengakui pendapatan ijarah multijasa available until the end of the contract. The Bank
porsi pokok sejak nasabah menerima jasa dari recognises the principal portion of income from
pihak penyedia jasa berdasarkan kemajuan multi-services ijarah from the time the customer
jasa yang diberikan dan sejumlah biaya jasa receives services from the service provider
yang harus dibayarkan Bank kepada pihak based on the progress of the services provided
penyedia jasa. Bank mengakui pendapatan and the amount of service fees that must be paid
margin ijarah multijasa secara merata setelah by the Bank to the service provider. The Bank
selesainya pemberian jasa oleh pihak penyedia recognises income from multi-services ijarah
jasa selama masa akad ijarah antara Bank dan margin evenly after the completion of service by
nasabah. Pendapatan IMBT dan ijarah the service provider during the period of the
multijasa disajikan secara neto setelah ijarah contract between the Bank and the
dikurangi beban terkait di laba rugi. customer. Income from IMBT and multi-services
ijarah are presented on a net basis after
deducting the related expenses in profit or loss.
Pendapatan usaha musyarakah yang menjadi Musyarakah income which is distributed to
hak mitra aktif diakui sebesar haknya sesuai active partners is recognised in accordance with
dengan kesepakatan, sedangkan pendapatan the agreement, while musyarakah income which
usaha musyarakah untuk mitra pasif diakui is distributed to passive partners is recognised
sebagai hak pihak mitra pasif atas bagi hasil as right of the passive partner to profit sharing
dan liabilitas. and liabilities.
44
Page 706
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
aa. Pendapatan pengelolaan dana sebagai aa. Income from fund management as mudharib
mudharib (lanjutan) (continued)
Pendapatan usaha mudharabah diakui dalam Income from mudharabah is recognised during
periode terjadinya hak bagi hasil sesuai nisbah the period of profit sharing in accordance with
yang disepakati dan tidak diperkenankan the agreed nisbah, while recognition based on
mengakui pendapatan dari proyeksi hasil projected income is not allowed. Loss incurred
usaha. Kerugian akibat kelalaian dari pengelola due to negligence on the part of fund manager
dana dibebankan pada pengelola dana dan is charged to the fund manager and shall not
tidak mengurangi investasi mudharabah. reduce the mudharabah investment.
Pendapatan usaha utama lainnya terdiri dari Other main operating income consists of
pendapatan dari pinjaman qardh, pendapatan income derived from funds of qardh, Bank
dari Deposito Berjangka Syariah Bank Indonesia Sharia Term Deposits, FASBIS,
Indonesia, pendapatan dari FASBIS, placements with other sharia banks and profit
pendapatan dari penempatan pada bank sharing from investment in marketable
syariah lain dan pendapatan bagi hasil investasi securities.
pada surat berharga.
ab. Hak pihak ketiga atas bagi hasil dana ab. Third parties' share on return of temporary
syirkah temporer syirkah funds
Hak pihak ketiga atas bagi hasil dana syirkah Third parties’ share on return of temporary
temporer merupakan bagian bagi hasil milik syirkah funds represents third parties’ share on
pihak ketiga yang didasarkan pada prinsip the income of the Bank derived from managing
mudharabah mutlaqah atas pengelolaan dana of such funds under mudharabah mutlaqah
mereka oleh Bank. Pendapatan yang dibagikan principles. The profit sharing is distributed on the
adalah pendapatan yang telah diterima (cash cash basis.
basis).
Bagi hasil yang dibagikan kepada pemilik dana The profit sharing distributed to fund owners is
dihitung dari pendapatan Bank. calculated based on the revenue of the Bank.
Jumlah pendapatan margin dan bagi hasil atas Margin income and profit sharing on financing
pembiayaan yang diberikan dan dari aset facilities and other earning assets are distributed
produktif lainnya yang akan dibagikan kepada to fund owners. The Bank computes
nasabah penyimpan dana. Bank menghitung proportionately based on the allocation of funds
secara proporsional sesuai dengan alokasi from owners and the Bank which was used in
dana nasabah dan Bank yang dipakai dalam financing and other earning assets granted.
pembiayaan yang diberikan dan aset produktif
lainnya yang disalurkan.
Dari jumlah pendapatan margin dan bagi hasil The total available margin and profit sharing are
yang tersedia untuk nasabah tersebut distributed to customers and depositors as
kemudian dibagihasilkan kepada nasabah shahibul maal and to the Bank as mudharib in
penabung dan deposan sebagai shahibul maal accordance with a predetermined nisbah, while
dan Bank sebagai mudharib sesuai dengan for customers of demand deposits and savings
porsi nisbah bagi hasil yang telah disepakati deposits under wadiah contract might be
bersama sebelumnya, sedangkan untuk granted bonuses according to the Bank’s policy.
nasabah giro dan tabungan dengan akad
wadiah dapat diberikan bonus berdasarkan
kebijakan Bank.
Pendapatan margin dan bagi hasil atas Margin income and profit sharing from financing
pembiayaan yang diberikan dan aset produktif and other earning assets which are earned
lainnya yang didapatkan melalui penggunaan through the use of the Bank's funds, are entirely
dana Bank, seluruhnya menjadi milik Bank, entitled to the Bank, including income from the
termasuk pendapatan dari investasi Bank Bank's fee-based investments.
berbasis imbalan.
45
Page 707
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
ac. Pendapatan imbalan jasa perbankan ac. Fee based income from banking services
Pendapatan imbalan jasa perbankan diakui Fee based income from banking services is
pada periode akuntansi dimana jasa diberikan, recognised in the accounting period in which the
dengan mengacu pada tingkat penyelesaian services are rendered, by reference to the stage
dari suatu transaksi dan dinilai berdasarkan of completion of the specific transaction and
jasa aktual yang telah diberikan sebagai assessed on the basis of the actual service
proporsi atas total jasa yang harus diberikan. provided as a proportion of the total service to
be provided.
ad. Transaksi dan saldo mata uang asing ad. Transaction and balance in foreign currency
Bank menyelenggarakan catatan akuntansinya The Bank maintains its accounting records in
dalam Rupiah Indonesia sebagai mata uang Indonesian Rupiah as the functional currency.
fungsional. Transaksi yang melibatkan mata Transactions in foreign currencies are recorded
uang asing dicatat pada nilai tukar pada saat at the prevailing exchange rates in effect on the
terjadinya transaksi. date of the transactions.
Pada tanggal laporan posisi keuangan, aset At statements of financial position dates, all
dan liabilitas moneter dalam mata uang asing monetary assets and liabilities denominated in
dijabarkan ke dalam mata uang Rupiah dengan foreign currencies are translated into Rupiah
menggunakan kurs Reuters pada pukul 16:00 using the Reuters spot rates at 16:00 WIB
WIB (Waktu Indonesia Bagian Barat). (Western Indonesian Time).
Keuntungan atau kerugian yang timbul sebagai The resulting gains or losses from the
akibat dari penjabaran aset dan liabilitas translation of monetary assets and liabilities in
moneter dalam mata uang asing dicatat dalam foreign currencies are recognised in the
laporan laba rugi dan penghasilan statements of profit or loss and other
komprehensif lain tahun berjalan. comprehensive income for the current year.
Kurs mata uang asing yang digunakan untuk The exchange rates used in translating foreign
penjabaran mata uang asing terhadap Rupiah currency amounts into Rupiah are as follows
adalah sebagai berikut (nilai penuh): (full amount):
31 Desember/ 31 Desember/
December 2025 December 2024
1 Dolar Amerika Serikat 16,675.00 16,095.00 1 United States Dollar
1 Riyal Arab Saudi 4,446.50 4,284.00 1 Saudi Arabian Riyal
1 Euro Eropa 19,571.45 16,758.12 1 European Euro
1 Dolar Singapura 12,965.05 11,844.58 1 Singapore Dollar
1 Dolar Australia 11,152.24 10,013.51 1 Australian Dollar
1 Dolar Hong Kong 2,142.30 2,073.11 1 Hong Kong Dollar
1 Pound Sterling Inggris 22,439.55 20,218.54 1 Great Britain Pound Sterling
1 Yen Jepang 106.50 103.03 1 Japan Yen
1 Dolar Kanada 12,167.54 11,201.59 1 Canadian Dollar
1 Franc Swiss 21,026.42 17,815.04 1 Swiss Franc
1 Yuan China 2,384.72 2,198.50 1 Chinese Yuan
1 Dirham Uni Emirat Arab 4,540.50 4,382.00 1 United Arab Emirates Dirham
ae. Laba per saham ae. Earnings per share
Laba per lembar saham dasar dihitung dengan Basic earnings per share is calculated by dividing
membagi laba tahun berjalan dengan jumlah income for the year by the weighted average
rata-rata tertimbang saham yang ditempatkan number of issued and fully paid-up shares during
dan disetor penuh pada tahun yang the related year.
bersangkutan.
46
Page 708
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
af. Provisi af. Provisions
Provisi diakui jika Bank memiliki kewajiban kini Provisions are recognised when the Bank has a
(baik bersifat hukum maupun bersifat present obligation (legal or constructive), as a
konstruktif), akibat peristiwa masa lalu, besar result of a past event, it is probable that an
kemungkinannya penyelesaian kewajiban outflow of resources embodying economic
tersebut mengakibatkan arus keluar sumber benefits will be required to settle the obligation
daya yang mengandung manfaat ekonomi dan and a reliable estimate can be made of the
estimasi yang andal mengenai jumlah amount of the obligation.
kewajiban tersebut dapat dibuat.
Provisi ditelaah pada setiap tanggal pelaporan Provisions are reviewed at each reporting date
dan disesuaikan untuk mencerminkan estimasi and adjusted to reflect the current best estimate.
terbaik yang paling kini. Jika arus keluar If it is no longer probable that an outflow of
sumber daya untuk menyelesaikan kewajiban resources embodying economic benefits will be
kemungkinan besar tidak terjadi, maka provisi required to settle the obligation, the provision is
dibalik. reversed.
ag. Sumber dana kebajikan ag. Source of qardhul hasan funds
Sesuai dengan Fatwa DSN-MUI Based on Fatwa DSN-MUI
No. 123/DSN-MUI/XI/2018, Dana Kebajikan No. 123/DSN-MUI/XI/2018, Qardhul Hasan
berasal dari Dana yang Tidak Boleh Diakui Funds comes from Funds that are Prohibited to
Sebagai Pendapatan (Dana TBDSP), di be Recognised as Revenue (TBDSP Funds),
antaranya adalah sebagai berikut: which include the following:
1. Transaksi tidak sesuai dengan prinsip 1. The transaction that is not accordance
syariah yang tidak dapat dihindarkan with sharia principle and cannot be
termasuk pendapatan bunga (riba). avoided include interest revenue (riba).
2. Transaksi syariah yang tidak terpenuhi 2. The sharia transaction does not fulfill the
ketentuan dan batasannya (rukun terms and conditions (principle and/or
dan/atau syaratnya). requirement.
3. Dana sanksi (denda) karena tidak 3. Penalty funds (fines) because of not
memenuhi kewajiban sesuai fulfilling the obligation on initial contract.
kesepakatan.
4. Dana yang tidak diketahui pemiliknya, 4. Unknown funds, the owner is known but
diketahui pemiliknya tetapi tidak was not found or the owner is known but
ditemukan atau diketahui pemiliknya return cost is higher than the stated
tetapi biaya pengembaliannya lebih besar amount.
dari jumlah dana tersebut.
ah. Segmen operasi ah. Operating segment
Segmen adalah bagian yang dapat dibedakan A segment is a distinguishable component of
dari Bank yang terlibat baik dalam menyediakan the business unit that is engaged either in
produk tertentu (segmen usaha), maupun providing certain products (business segment),
dalam menyediakan produk dalam lingkungan or in providing products within a particular
ekonomi tertentu (segmen geografis), yang economic environment (geographical
memiliki risiko dan imbalan yang berbeda segment), which is subject to risks and rewards
dengan segmen lainnya. that are different from those of other segments.
Pendapatan, beban, hasil, aset dan liabilitas Segment revenue, expenses, results, assets
segmen mencakup hal-hal yang dapat and liabilities include items directly attributable
diatribusikan langsung kepada suatu segmen to a segment as well as those that can be
serta hal-hal yang dapat dialokasikan dengan allocated on a reasonable basis to that
dasar yang sesuai kepada segmen tersebut. segment.
Bank menyajikan segmen operasi berdasarkan The Bank presents operating segment based
laporan internal yang disajikan kepada Direksi on the Bank’s internal report that is presented
sebagai pengambil keputusan operasional dan to the Board of Directors as the chief operating
keuangan. decision maker.
47
Page 709
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. MATERIAL ACCOUNTING POLICIES (continued)
ah. Segmen operasi (lanjutan) ah. Operating segment (continued)
Di tahun 2022, Bank menerapkan perubahan In 2022, the Bank implements some changes in
terhadap penyajian segmen operasi yang presentation of its operational segments for the
digunakan dalam laporan kinerja manajemen internal management performance report. The
internal. Bank telah mengidentifikasi dan Bank has identified and disclosed financial
mengungkapkan informasi keuangan information based on main business (business
berdasarkan kegiatan bisnis utama (segmen segment) classified into Corporate Banking,
usaha) yang terbagi atas kelompok Corporate Commercial Banking, Institutional Relation,
Banking, Commercial Banking, Hubungan Retail and Treasury Banking & Head Office.
Kelembagaan, Ritel, dan Treasury Banking &
Kantor Pusat.
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF CRITICAL ACCOUNTING ESTIMATES
AKUNTANSI YANG PENTING AND JUDGMENTS
Beberapa estimasi dan asumsi dibuat dalam rangka Certain estimates and assumptions are made in the
penyusunan laporan keuangan dimana dibutuhkan preparation of the financial statements and these
pertimbangan manajemen dalam menentukan require management judgment in determining the
metodologi yang tepat untuk penilaian aset dan appropriate methodology for valuation of assets and
liabilitas. liabilities.
Manajemen membuat estimasi dan asumsi yang Management makes estimates and assumptions
berimplikasi pada pelaporan nilai aset dan liabilitas that affect the reported amounts of assets and
atas tahun keuangan satu tahun ke depan. Semua liabilities within the next financial year. All estimates
estimasi dan asumsi yang diharuskan oleh PSAK and assumptions required in conformity with SFAS
adalah estimasi terbaik yang didasarkan pada are best estimates undertaken in accordance with
standar yang berlaku. Estimasi dan pertimbangan the applicable standard. Estimates and judgments
dievaluasi secara terus menerus dan berdasarkan are evaluated on a continuous basis and are based
pengalaman masa lalu dan faktor-faktor lain on past experiences and other factors, including
termasuk harapan atas kejadian yang akan datang. expectations with regard to future events.
Walaupun estimasi dan asumsi ini dibuat Although these estimates and assumptions are
berdasarkan pengetahuan terbaik manajemen atas based on management’s best knowledge of current
kejadian dan aktivitas saat ini, hasil yang timbul events and activities, actual result may differ from
mungkin berbeda dengan estimasi dan asumsi those estimates and assumptions.
semula.
Sumber utama ketidakpastian estimasi: Key sources of estimation uncertainty:
a. Cadangan kerugian penurunan nilai pada a. Allowance for impairment losses on
piutang, pinjaman qardh, dan pembiayaan receivables, funds of qardh, and financing
Bank menelaah kualitas aset pada setiap tanggal The Bank examines the quality of assets at
laporan posisi keuangan untuk menilai apakah statements of financial position date to assess
penurunan nilai harus dicatat dalam laporan laba whether impairment should be recorded in the
rugi dan penghasilan komprehensif lain. Dalam statements of profit or loss and other
menentukan apakah penurunan nilai harus comprehensive income. In determining whether
dibentuk dalam laporan laba rugi, Bank membuat a provision for impairment losses should be
estimasi penilaian apakah terdapat indikasi recognised in the profit or loss, the Bank makes
penurunan kualitas aset. Estimasi tersebut estimation of whether there is any indication of
didasarkan pada asumsi dari sejumlah aset dan impairment in the asset quality. Such estimates
hasil akhirnya mungkin berbeda, yang are based on the assumption of a number of
mengakibatkan perubahan di masa mendatang factors, and the end result may differ, resulting
atas cadangan penurunan nilai. in future changes to allowance for impairment.
48
Page 710
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF CRITICAL ACCOUNTING ESTIMATES
AKUNTANSI YANG PENTING (lanjutan) AND JUDGMENTS (continued)
a. Cadangan kerugian penurunan nilai pada a. Allowance for impairment losses on
piutang, pinjaman qardh, dan pembiayaan receivables, funds of qardh, and financing
(lanjutan) (continued)
Kondisi spesifik counterparty yang mengalami The specific condition of impaired counterparty
penurunan nilai dalam pembentukan cadangan in calculating allowances for impairment losses
kerugian atas piutang, pinjaman qardh, dan on receivables, funds of qardh, and financing is
pembiayaan dievaluasi secara individu evaluated individually based on management’s
berdasarkan estimasi terbaik manajemen atas best estimate of the present value of the
nilai kini arus kas yang diharapkan akan diterima. expected cash in flows. In estimating these cash
Dalam mengestimasi arus kas tersebut, flows, management makes judgments about the
manajemen membuat pertimbangan tentang counterparty’s financial situation and/or the net
situasi keuangan counterparty dan/atau nilai realisable value of any underlying collateral.
realisasi bersih dari setiap agunan. Setiap aset Each impaired assets is assessed on its merits,
yang mengalami penurunan nilai dinilai sesuai the workout strategy and estimated recoverable
dengan manfaat yang ada, dan strategi cash flows.
penyelesaian serta estimasi arus kas yang
diperkirakan dapat diterima.
Perhitungan cadangan penurunan nilai kolektif Collectively assessed impairment allowances
meliputi kerugian pembiayaan yang melekat cover financing losses inherent in portfolios of
dalam portofolio piutang, pinjaman qardh, dan receivables, funds of qardh, and financing with
pembiayaan dengan karakteristik ekonomi yang similar economic characteristics when there is
sama ketika terdapat bukti objektif penurunan objective evidence of impairment, yet the
nilai, tetapi penurunan nilai secara individu individual impaired items cannot be identified. In
belum dapat diidentifikasi. Dalam menilai assessing the need for collective allowances,
kebutuhan untuk cadangan kolektif, manajemen management considers factors such as
mempertimbangkan faktor-faktor seperti kualitas financing quality and product segmentation. In
piutang dan segmentasi. Guna membuat order to estimate the required allowance,
estimasi cadangan yang diperlukan, manajemen assumptions are made to define the way
membuat asumsi untuk menentukan kerugian inherent losses are modelled and to determine
yang melekat, dan untuk menentukan parameter the required input parameters, based on
input yang diperlukan, berdasarkan pengalaman historical experience and current economic
masa lalu dan kondisi ekonomi saat ini. conditions. The accuracy of the allowances
Keakuratan penyisihan tergantung pada depends on how well these estimate future cash
seberapa baik estimasi arus kas masa depan flows for specific counterparty allowances and
untuk cadangan counterparty tertentu dan the model assumptions and parameters used in
asumsi model dan parameter yang digunakan determining collective allowances (Note 2d, 9,
dalam menentukan cadangan kolektif (Catatan 10, 11, 12, 46a).
2d, 9, 10, 11, 12, 46a).
b. Kewajiban imbalan kerja karyawan b. Employee benefits liabilities
Nilai kini atas imbalan kerja karyawan The present value of the employee benefit
tergantung dari banyaknya faktor yang obligations depends on a number of factors that
dipertimbangkan oleh aktuaris berdasarkan are determined on an actuarial basis using a
beberapa asumsi. Perubahan atas asumsi- number of assumptions. Any changes in these
asumsi tersebut akan mempengaruhi carrying assumptions will impact the carrying amount of
amount atas imbalan kerja karyawan. employee benefit obligations.
Asumsi yang digunakan untuk menentukan The assumptions used in determining the net cost
biaya atau pendapatan untuk imbalan kerja or income for employee benefits include the
mencakup tingkat diskonto dan kenaikan gaji di discount rate and future salary increase. Any
masa datang. Adanya perubahan pada asumsi changes in these assumptions will have an impact
ini akan mempengaruhi jumlah tercatat on the carrying amount of employee benefits
kewajiban imbalan kerja karyawan. liabilities.
Bank menentukan tingkat diskonto yang tepat The Bank determines the appropriate discount
pada setiap periode pelaporan. Ini merupakan rate at the reporting period. This is the interest
tingkat suku bunga yang digunakan untuk rate that should be used to determine the present
menentukan nilai kini atas arus kas masa depan value of estimated future cash outflows expected
yang diestimasi akan digunakan untuk to be required to settle the pension obligations.
membayar imbalan kerja.
49
Page 711
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF CRITICAL ACCOUNTING ESTIMATES
AKUNTANSI YANG PENTING (lanjutan) AND JUDGMENTS (continued)
b. Kewajiban imbalan kerja karyawan (lanjutan) b. Employee benefits liabilities (continued)
Dalam menentukan tingkat diskonto yang tepat, In determining the appropriate discount rate, the
Bank mempertimbangkan tingkat suku bunga Bank considers the interest rates of Government
atas Obligasi Pemerintah yang mempunyai Bonds that have terms to maturity approximating
jatuh tempo yang menyerupai jangka waktu the terms of the related employee benefit
imbalan kerja karyawan. liabilities.
Untuk tingkat kenaikan gaji masa datang, Bank For the rate of future salary increases, the Bank
mengumpulkan data historis mengenai collects all historical data relating to changes in
perubahan gaji dasar pekerja dan base salaries and adjusts it for future business
menyesuaikannya dengan perencanaan bisnis plans.
masa datang.
Asumsi kunci liabilitas pensiun lainnya Other key assumptions for pension obligations
sebagian ditentukan berdasarkan kondisi pasar are partly based on current market conditions.
saat ini.
c. Perpajakan c. Taxation
Bank menentukan provisi perpajakan The Bank provides for tax provision based on
berdasarkan estimasi atas kemungkinan estimates whether the additional taxes will be
adanya tambahan beban pajak. Jika hasil akhir due. Where the final tax outcome of these matters
dari hal ini berbeda dengan jumlah yang dicatat is different from the amounts that were initially
semula, maka perbedaan tersebut akan recorded, such differences will impact the profit
berdampak terhadap laba rugi. loss.
Aset pajak tangguhan diakui atas jumlah pajak Deferred tax assets are recognised for the future
penghasilan terpulihkan (recoverable) pada recoverable taxable income arising from
periode mendatang sebagai akibat perbedaan temporary difference. Management judgement is
temporer yang boleh dikurangkan. Justifikasi required to determine the amount of deferred tax
manajemen diperlukan untuk menentukan assets that can be recognised, based upon the
jumlah aset pajak tangguhan yang dapat diakui, likely timing on level of future taxable profits
sesuai dengan waktu yang tepat dan tingkat together with future strategic planning.
laba fiskal di masa mendatang sejalan dengan
strategi rencana perpajakan ke depan.
d. Revaluasi aset tetap d. Fixed asset revaluation
Revaluasi aset tetap Bank bergantung pada The Bank’s fixed assets revaluation depends on
pemilihan asumsi yang digunakan oleh penilai its selection of certain assumptions used by the
independen dalam menghitung jumlah-jumlah independent appraisal in calculating such
tersebut. Asumsi tersebut termasuk antara lain: amounts. Those assumptions include among
tingkat diskonto, nilai tukar, tingkat inflasi dan others: discount rate, exchange rate, inflation
tingkat kenaikan pendapatan dan biaya. Bank rate and revenue and cost increase rate. The
berkeyakinan bahwa asumsi tersebut adalah Bank believes that its assumptions are
wajar dan sesuai, perbedaan signifikan dalam reasonable and appropriate and significant
asumsi yang ditetapkan Bank dapat differences in the Bank’s assumptions may
mempengaruhi secara material nilai aset tetap materially affect the valuation of its fixed assets.
yang direvaluasi.
e. Menentukan jangka waktu kontrak dengan e. Determine the contract term with extension
opsi perpanjangan dan penghentian kontrak and contract termination options - the Bank
- Bank sebagai lessee as lessee
Bank menentukan jangka waktu sewa sebagai The Bank determines the lease term as non-
jangka waktu sewa yang tidak dapat dibatalkan, cancellable term, together with the period
bersama dengan periode yang dicakup oleh opsi covered by the option to extend the lease if it is
untuk memperpanjang masa sewa jika determined to be exercised, or any period
dipastikan akan dilaksanakan, atau periode apa covered by the option to terminate the lease, if it
pun yang dicakup oleh opsi untuk menghentikan is reasonably certain not to be exercised.
sewa, jika cukup wajar untuk tidak dilakukan.
50
Page 712
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF CRITICAL ACCOUNTING ESTIMATES
AKUNTANSI YANG PENTING (lanjutan) AND JUDGMENTS (continued)
e. Menentukan jangka waktu kontrak dengan e. Determine the contract term with extension
opsi perpanjangan dan penghentian kontrak and contract termination options - the Bank
- Bank sebagai lessee (lanjutan) as lessee (continued)
Bank memiliki beberapa kontrak sewa yang The Bank has several lease contracts that
mencakup opsi perpanjangan dan penghentian include extension and contract termination in the
jangka waktu sewa. Bank menerapkan penilaian lease terms. The Bank applies its judgment in
dalam mengevaluasi apakah dapat dipastikan evaluating whether it is certain to exercise the
jika akan menggunakan opsi untuk option to extend or terminate the lease. This is
memperpanjang atau menghentikan sewa. Hal done by considering all relevant facts and
tersebut dilakukan dengan mempertimbangkan circumstances that provide economic incentives
seluruh fakta dan keadaan yang relevan yang to extend or terminate the lease. After the
memberikan insentif ekonomi untuk melakukan commencement date, the Bank reassesses the
perpanjangan atau penghentian sewa. Setelah lease term, if there is a significant event or
tanggal dimulainya, Bank menilai kembali masa change in circumstances which is under its
sewa, jika terdapat peristiwa atau perubahan control and affects whether the lessee is certain
signifikan dalam keadaan yang berada dalam enough to exercise the option to extend or
kendali dan mempengaruhi apakah lessee terminate the lease.
cukup pasti untuk mengeksekusi opsi
memperpanjang atau menghentikan sewa.
f. Penyisihan kerugian aset nonproduktif f. Allowance for impairment losses on non-
earning assets
Bank menelaah potensi kerugian aset The Bank evaluates the potential loss of non-
nonproduktif pada setiap tanggal pelaporan earning assets at each reporting date to assess
untuk menilai apakah terdapat penyisihan whether provision for impairment losses should
penurunan nilai yang harus dibentuk dalam be recognised in the statements of profit or loss
laporan laba rugi dan penghasilan komprehensif and other comprehensive income. In
lain. Dalam menentukan apakah penyisihan determining whether a provision for impairment
penurunan nilai harus dibentuk, Bank membuat losses should be recognised, the Bank makes
estimasi penilaian apakah terdapat indikasi estimate on whether there is any indication of
penurunan nilai dari aset nonproduktif. Estimasi impairment of non-earning assets. These
tersebut didasarkan pada pertimbangan dari estimates are based on consideration of a
sejumlah faktor dan hasil akhirnya mungkin number of factors and the end results may be
berbeda (Catatan 15). different (Note 15).
g. Perlakuan penjualan aset pembiayaan g. Treatment of sales of financing assets
Penjualan aset syariah berupa pembiayaan The sale of sharia assets in the form of
musyarakah mutanaqishah (“MMQ”) griya musyarakah mutanaqishah (“MMQ”) financing
dilakukan setelah memenuhi kondisi jual beli is carried out after fulfilling the actual conditions
yang sesungguhnya (al-bai’ al-haqiqi), yang of sale and purchase (al-bai' al-haqiqi), which
ditandai dengan berpindahnya kepemilikan aset is marked by the transfer of ownership of the
pembiayaan MMQ yang diperjualbelikan, tidak MMQ financing assets being traded, there is no
ada kewajiban Bank untuk membeli kembali obligation of the Bank to buy back the financing
aset pembiayaan dalam bentuk pembiayaan assets in the form of financing or in the form of
atau dalam bentuk instrumen investasi sharia asset-backed securities securitization
sekuritisasi efek beragun aset syariah surat investment instrument participation letter
partisipasi (“EBAS-SP”). (“EBAS-SP”).
Kontrak jual beli secara syariah harus dibuat Sharia sale and purchase contracts must be
dalam bentuk jelas dan final. Prinsip syariah made in a clear and final form. Sharia principles
mensyaratkan tidak boleh terdapat dua require that there cannot be two transactions in
transaksi dalam satu kontrak. Sehingga Bank one contract. So the Bank treats the sale of
memperlakukan penjualan aset pembiayaan financing assets as a separate transaction from
sebagai transaksi yang terpisah dari pembelian the purchase of class B EBAS-SP.
EBAS-SP kelas B.
51
Page 713
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF CRITICAL ACCOUNTING ESTIMATES
AKUNTANSI YANG PENTING (lanjutan) AND JUDGMENTS (continued)
g. Perlakuan penjualan aset pembiayaan g. Treatment of sales of financing assets
(lanjutan) (continued)
Bank menerapkan kriteria jual beli The Bank applies true sale criteria using SFAS
sesungguhnya menggunakan PSAK 411, 411, "Accounting of Wa’d". The true sale is
“Akuntansi Wa’d”. Jual beli sesungguhnya marked by a transfer from the Bank to the
ditandai dengan telah terjadi perpindahan dari issuer of:
Bank kepada penerbit atas:
a. hak dan kewajiban hukum aset syariah; a) legal rights and obligations of sharia
assets;
b. semua manfaat dan risiko dari aset b) all risks and rewards from sharia assets;
syariah; dan and
c. pengendalian atas aset syariah tersebut. c) control over the sharia assets.
Sesuai dengan hal diatas, Bank menghentikan Accordingly, the Bank derecognised the MMQ
pengakuan pembiayaan MMQ secara financing at its entirety (see Note 12g).
menyeluruh (lihat Catatan 12g).
4. KAS 4. CASH
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah 8,157,814 7,623,321 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 164,345 174,016 United States Dollar
Riyal Arab Saudi 307,691 272,438 Saudi Arabian Riyal
Dolar Singapura 52,536 6,402 Singapore Dollar
Euro Eropa 6,516 3,020 Europe Euro
Dolar Australia 1,688 1,423 Australian Dollar
Yen Jepang 176 69 Japanese Yen
8,690,766 8,080,689
Pada tanggal 31 Desember 2025 dan 2024, saldo As at 31 December 2025 and 2024, the Rupiah
dalam mata uang Rupiah tersebut sudah termasuk balance includes cash in Automated Teller
uang pada mesin Anjungan Tunai Mandiri (”ATM”) Machines (“ATM”) amounting to Rp1,947,147 and
masing-masing sebesar Rp1.947.147 dan Rp1,738,176, respectively.
Rp1.738.176.
Bank telah mengasuransikan kas dalam kluis, kas The Bank has insured cash in vaults, cash in transit
dalam perjalanan dan kas pada mesin ATM untuk and cash in ATMs to cover possible losses against
menutup kemungkinan kerugian terhadap risiko the risk of natural disasters, theft and other risks to
bencana alam, pencurian, dan risiko lainnya kepada PT Asuransi Askrida Syariah and PT Asuransi
PT Asuransi Askrida Syariah dan PT Asuransi Takaful Umum, all are third parties, PT Asuransi
Takaful Umum, keseluruhannya adalah pihak ketiga, Tugu Pratama Indonesia Tbk., PT BRI Asuransi
PT Asuransi Tugu Pratama Indonesia Tbk., PT BRI Indonesia Unit Syariah and PT Asuransi Jasindo
Asuransi Indonesia Unit Syariah dan PT Asuransi Syariah, all are related parties.
Jasindo Syariah, keseluruhannya adalah pihak
berelasi.
5. GIRO DAN PENEMPATAN PADA BANK 5. CURRENT ACCOUNTS AND PLACEMENTS
INDONESIA WITH BANK INDONESIA
a. Berdasarkan mata uang a. By currency
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah 35,930,613 41,470,072 Rupiah
Dolar Amerika Serikat 15,672,430 8,496,207 United States Dollar
51,603,043 49,966,279
52
Page 714
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
5. GIRO DAN PENEMPATAN PADA BANK 5. CURRENT ACCOUNTS AND PLACEMENTS
INDONESIA (lanjutan) WITH BANK INDONESIA (continued)
b. Berdasarkan jenis b. By type
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Giro pada Bank Indonesia 25,023,385 13,470,072 Current accounts with Bank Indonesia
Fasilitas Simpanan Bank Bank Indonesia Sharia Certificates
Indonesia Syariah (“FASBIS”) 10,907,228 28,000,000 Facilities (“FASBIS”)
35,930,613 41,470,072
Dolar Amerika Serikat United States Dollar
Current accounts with
Giro pada Bank Indonesia 4,416,805 368,232 Bank Indonesia
Deposito Berjangka Syariah Bank Indonesia
Bank Indonesia 11,255,625 8,127,975 Sharia Term Deposits
15,672,430 8,496,207
51,603,043 49,966,279
c. Berdasarkan jangka waktu c. By time period
Giro dan penempatan pada Bank Indonesia Current accounts and placements with Bank
memiliki sisa umur jatuh tempo kurang dari 1 Indonesia have remaining period to maturity of
(satu) bulan. less than 1 (one) month.
d. Berdasarkan sisa umur jatuh tempo d. By remaining period to maturity
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
≤ 1 bulan 35,930,613 41,470,072 ≤ 1 month
> 1 - ≤ 3 bulan - - > 1 - ≤ 3 months
> 3 - ≤ 12 bulan - - > 3 - ≤ 12 months
35,930,613 41,470,072
Dolar Amerika Serikat United States Dollar
≤ 1 bulan 15,672,430 8,496,207 ≤ 1 month
> 1 - ≤ 3 bulan - - > 1 - ≤ 3 months
15,672,430 8,496,207
51,603,043 49,966,279
e. Berdasarkan kolektibilitas e. By collectibility
Kolektibilitas giro dan penempatan pada Bank The collectibility of current accounts and
Indonesia diungkapkan pada Catatan 54a. placements with Bank Indonesia is disclosed in
Note 54a.
f. Rasio Giro Wajib Minimum (“GWM”) f. The Minimum Statutory Reserve
Requirement (“GWM”) Ratio
GWM Bank sesuai dengan Peraturan Bank GWM Bank in accordance with Bank Indonesia
Indonesia dan Peraturan Anggota Dewan Regulation and Board of Governors Members
Gubernur (“PADG”) diungkapkan pada Catatan Regulations (“PADG”) is disclosed in Note 54m.
54m.
g. Kisaran tingkat bonus tahunan g. The range of annual bonus rate
31 Desember/ 31 Desember/
December 2025 December 2024
Fasilitas Simpanan Bank Indonesia
Bank Indonesia Syariah (“FASBIS”) 3.75% - 5.25% 5.25% - 5.50% Sharia Deposit Facilities (“FASBIS”)
Deposito Berjangka Syariah Bank Indonesia Sharia
Bank Indonesia 3.89% - 4.40% 4.35% - 5.58% Term Deposit
53
Page 715
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
6. GIRO DAN PENEMPATAN PADA BANK LAIN 6. CURRENT ACCOUNTS AND PLACEMENTS
WITH OTHER BANKS
a. Berdasarkan mata uang a. By currency
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah 1,912,547 2,700,430 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 1,288,338 1,001,663 United States Dollar
Riyal Arab Saudi 1,108,721 79,938 Saudi Arabian Riyal
Euro Eropa 105,672 19,758 Europe Euro
Dolar Singapura 96,243 34,578 Singapore Dollar
Pound Sterling Inggris 26,794 6,576 Great Britain Pound Sterling
Yen Jepang 10,532 2,863 Japanese Yen
Yuan China 9,374 19,805 Chinese Yuan
Dolar Australia 4,465 7,987 Australian Dollar
Dirham Uni Emirat Arab 3,685 7,011 United Arab Emirates Dirham
Franc Swiss 1,805 - Franc Swiss
Dolar Hong Kong 273 265 Hong Kong Dollar
2,655,902 1,180,444
Jumlah 4,568,449 3,880,874 Total
Cadangan kerugian penurunan nilai (17,787) (14,809) Allowance for impairment losses
4,550,662 3,866,065
b. Berdasarkan hubungan b. By relationship
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah Rupiah
Sertifikat Pengelolaan Dana
Berdasarkan Prinsip Syariah Sharia Compliant Interbank Fund
Antarbank ("SIPA") Management Certificate ("SIPA")
PT Bank Mega Syariah 800,000 - PT Bank Mega Syariah
PT Bank Panin Dubai Syariah 450,000 - PT Bank Panin Dubai Syariah
PT Bank Nano Syariah 300,000 - PT Bank Nano Syariah
PT BPD Sumatera Selatan BPD Sumatera Selatan
dan Bangka Belitung - UUS 200,000 200,000 and Bangka Belitung - UUS
PT BPD Riau Kepri Syariah 100,000 - PT BPD Riau Kepri Syariah
PT Bank Maybank PT Bank Maybank
Syariah Indonesia - 600,000 Syariah Indonesia
PT Bank Syariah PT Bank Syariah
Mega Indonesia - 450,000 Mega Indonesia
PT Bank Jabar PT Bank Jabar
Banten Syariah - 400,000 Banten Syariah
PT Bank Syariah Nasional - 300,000 PT Bank Syariah Nasional
PT BPD Aceh - 250,000 PT BPD Aceh
PT BPD Sulawesi Selatan BPD Sulawesi Selatan
dan Sulawesi Barat - UUS - 200,000 and Sulawesi Barat - UUS
1,850,000 2,400,000
Giro Current accounts
Standard Chartered Bank 5,955 3,564 Standard Chartered Bank
PT BPD Sulawesi Tengah 1,840 144 PT BPD Sulawesi Tengah
PT BPD Bengkulu 529 2,827 PT BPD Bengkulu
PT Bank Central Asia Tbk - 187,388 PT Bank Central Asia Tbk
Bank lainnya 10 10 Other banks
8,334 193,933
1,858,334 2,593,933
54
Page 716
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
6. GIRO DAN PENEMPATAN PADA BANK LAIN 6. CURRENT ACCOUNTS AND PLACEMENTS
(lanjutan) WITH OTHER BANKS (continued)
b. Berdasarkan hubungan (lanjutan) b. By relationship (continued)
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga (lanjutan) Third parties (continued)
Mata uang asing Foreign currencies
Giro Current accounts
Citibank N.A New York 722,197 883,190 Citibank N.A New York
Gulf International Bank Gulf International Bank
Saudia Arabia 512,281 20,427 Saudia Arabia
J.P.Morgan Chase Bank 259,669 66,661 J.P.Morgan Chase Bank
Riyad Bank 228,155 12,337 Riyad Bank
Bank Saudi National Commercial 211,852 23,732 Bank Saudi National Commercial
Wells Fargo Bank N.A 160,966 24,915 Wells Fargo Bank N.A
Al Rajhi Banking & Investment 143,657 22,583 Al Rajhi Banking & Investment
PT Bank Central Asia Tbk 70,563 1,625 PT Bank Central Asia Tbk
J.P Morgan SE - Germany JP Morgan SE - Germany
Cabang Frankfurt 69,000 16,262 Frankfurt Branch
DBS Bank Ltd 57,636 22,575 DBS Bank Ltd
United Overseas Bank 36,842 10,395 United Overseas Bank
J.P.Morgan London 25,774 5,656 J.P.Morgan London
Deutsche Bank, Cabang Frankfurt 24,578 6,298 Deutsche Bank, Frankfurt Branch
Deutsche Bank AG, Cabang Eropa 18,628 3,258 Deutsche Bank AG, Europe Branch
Bank Albilad 12,776 860 Bank Albilad
Sumitomo Mitsui Banking 10,489 2,816 Sumitomo Mitsui Banking
Bank Of China (Hongkong) Limited 9,374 19,805 Bank Of China (Hongkong) Limited
Bank Australia & New Zealand 4,465 7,987 Bank Australia & New Zealand
Emirates Islamic Bank P.J.S.C 3,231 7,011 Emirates Islamic Bank P.J.S.C
First Abu Dhabi Bank P.J.S.C 453 - First Abu Dhabi Bank P.J.S.C
2,582,586 1,158,392
4,440,920 3,752,325
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah Rupiah
Giro Current accounts
PT Bank Mandiri (Persero) Tbk 42,397 49,237 PT Bank Mandiri (Persero) Tbk
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk 11,001 10,806 (Persero) Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 815 46,455 (Persero) Tbk
54,213 106,498
Mata uang asing Foreign currencies
Giro Current accounts
PT Bank Mandiri (Persero) Tbk 38,036 7,068 PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk, Cabang London 20,870 1,158 (Persero) Tbk, London Branch
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk, Cabang New York 6,752 6,233 (Persero) Tbk, New York Branch
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 3,284 5,030 (Persero) Tbk
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk, Cabang Singapura 1,765 1,608 (Persero) Tbk, Singapore Branch
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk, Cabang New York 1,641 14 (Persero) Tbk, New York Branch
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk 651 628 (Persero) Tbk
Bank lainnya 317 312 Other banks
73,316 22,051
127,529 128,549
Jumlah 4,568,449 3,880,874 Total
Cadangan kerugian penurunan nilai (17,787) (14,809) Allowance for impairment losses
4,550,662 3,866,065
55
Page 717
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
6. GIRO DAN PENEMPATAN PADA BANK LAIN 6. CURRENT ACCOUNTS AND PLACEMENTS
(lanjutan) WITH OTHER BANKS (continued)
c. Berdasarkan kolektibilitas c. By collectability
Kolektibilitas giro dan penempatan pada bank The collectibility of current accounts and
lain diungkapkan pada Catatan 54b. placements with other banks is disclosed in
Note 54b.
d. Berdasarkan jatuh tempo d. By maturity
Giro dan penempatan pada bank lain memiliki Current accounts and placements with other
sisa umur jatuh tempo kurang dari 1 (satu) banks have remaining period to maturity of less
bulan. than 1 (one) month.
e. Perubahan cadangan kerugian penurunan e. The movements of allowance for losses on
nilai giro dan penempatan pada bank lain current accounts and placements with other
banks
31 Desember/ 31 Desember/
December 2025 December 2024
Saldo awal 14,809 20,745 Beginning balance
Pembentukan/(pembalikan) selama Provision/(reversal)
periode berjalan (Catatan 40) 2,236 (6,999) during the period (Note 40)
Selisih kurs 742 1,063 Exchange rate difference
Saldo akhir 17,787 14,809 Ending balance
Manajemen berpendapat bahwa jumlah Management believes that the allowance for
penyisihan kerugian giro dan penempatan impairment losses is adequate to cover losses from
pada bank lain adalah cukup untuk menutup uncollectible current accounts and placements with
kerugian akibat tidak tertagihnya giro dan other banks.
penempatan pada bank lain.
Pada tanggal 31 Desember 2025 dan 2024, As at 31 December 2025 and 2024, no current
tidak terdapat giro dan penempatan pada bank accounts and placements with other bank are
lain yang dijadikan jaminan. pledged as collaterals.
Seluruh pendapatan yang diterima dari giro All income received from current accounts with non-
pada bank nonsyariah dicatat sebagai dana sharia banks are recorded as qardhul hasan funds
kebajikan (Catatan 23). (Note 23).
56
Page 718
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
7. INVESTASI PADA SURAT BERHARGA 7. INVESTMENTS IN MARKETABLE SECURITIES
a. Berdasarkan jenis dan mata uang a. By type and currency
31 Desember/December 2025 31 Desember/December 2024
Nilai Nilai Nilai Nilai
nominal/ tercatat/ nominal/ tercatat/
Nominal Carrying Nominal Carrying
value value value value
Nilai wajar melalui Fair value through profit
laba rugi or loss
Rupiah Rupiah
Sukuk Bank Indonesia 6,636,068 6,724,574 2,000,000 2,028,369 Sukuk Bank Indonesia
Surat Perbendaharaan Negara Sharia State Treasury Certificate
Syariah (“SPNS“) 2,908,897 2,850,078 2,006,619 1,962,324 (“SPNS“)
Surat Berharga Syariah Government Islamic Securities
Negara (“SBSN“) 1,911,328 1,933,535 2,320,383 2,300,433 (“SBSN“)
Efek Beragun Aset Syariah - Sharia Asset Backed Securities -
Surat Partisipasi (”EBAS - SP”) Letter of Participation (“EBAS - SP”)
(Catatan 7g dan 12g7) 27,301 27,722 27,301 29,476 (Note 7g and 12g7)
11,483,594 11,535,909 6,354,303 6,320,602
Mata uang asing Foreign currencies
Sukuk Bank Indonesia 500,250 504,035 - - Sukuk Bank Indonesia
Surat Berharga Syariah Government Islamic Securities
Negara (“SBSN“) 258,046 260,858 46,466 46,181 (“SBSN“)
758,296 764,893 46,466 46,181
Total nilai wajar melalui Total fair value through
laba rugi 12,241,890 12,300,802 6,400,769 6,366,783 profit or loss
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Rupiah Rupiah
Surat Berharga Syariah Government Islamic Securities
Negara (“SBSN“) 16,477,765 16,898,418 10,455,701 10,251,000 (“SBSN“)
Sukuk Bank Indonesia 5,240,654 5,240,654 11,184,698 11,184,698 Sukuk Bank Indonesia
Reksa dana 2,846,710 2,914,784 2,500,000 2,543,914 Mutual funds
24,565,129 25,053,856 24,140,399 23,979,612
Mata uang asing Foreign currencies
Sukuk Bank Indonesia 5,669,500 5,669,500 8,127,975 8,127,975 Sukuk Bank Indonesia
Surat Berharga Syariah Government Islamic Securities
Negara (“SBSN“) 1,196,515 1,201,616 273,615 261,066 (“SBSN”)
6,866,015 6,871,116 8,401,590 8,389,041
Total nilai wajar melalui Total fair value through
penghasilan komprehensif lain 31,431,144 31,924,972 32,541,989 32,368,653 other comprehensive income
Biaya perolehan diamortisasi Amortised cost
Rupiah Rupiah
Surat Berharga Syariah Government Islamic Securities
Negara (“SBSN“) 14,162,265 14,180,967 22,078,936 22,127,374 (“SBSN“)
Wesel ekspor 213,953 213,953 309,746 309,746 Export bills
Sukuk korporasi 45,000 45,000 638,800 638,800 Corporate sukuk
14,421,218 14,439,920 23,027,482 23,075,920
Mata uang asing Foreign currencies
Surat Berharga Syariah Government Islamic Securities
Negara (“SBSN“) 1,000,500 1,006,977 431,346 433,580 (“SBSN“)
Wesel ekspor 9,931 9,931 6,870 6,870 Export bills
1,010,431 1,016,908 438,216 440,450
Total biaya perolehan
diamortisasi 15,431,649 15,456,828 23,465,698 23,516,370 Total amortised cost
Total investasi pada Total investments in
surat berharga 59,682,602 62,251,806 marketable securities
Cadangan kerugian penurunan nilai (32,114) (35,288) Allowance for impairment losses
Bersih 59,650,488 62,216,518 Net
57
Page 719
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
7. INVESTASI PADA SURAT BERHARGA (lanjutan) 7. INVESTMENTS IN MARKETABLE SECURITIES
(continued)
b. Berdasarkan penerbit b. By issuer
Tingkat
bagi hasil per
tahun (%)/ Peringkat/ Nilai tercatat/
Annual Rating Carrying value
revenue
sharing 31 Desember/ 31 Desember/ 31 Desember/ 31 Desember/
Penerbit/Issuer rate (%) December 2025 December 2024 December 2025 December 2024
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit or loss
Rupiah
Bank Indonesia*) 5,03 - - 6,724,574 2,028,369
Pemerintah/Government*)
Seri SBSN PBS003 6.00 - - 192,812 698,031
Seri SBSN PBS004 6.10 - - 35,447 10,863
Seri SBSN PBS005 6.75 - - 24,016 17,620
Seri SBSN PBS007 9.00 - - - 3,247
Seri SBSN PBS012 8.88 - - 1,149 126,050
Seri SBSN PBS015 8.00 - - 1,660 1,969
Seri SBSN PBS017 6.13 - - - 278,412
Seri SBSN PBS021 8.50 - - - 52
Seri SBSN PBS022 8.63 - - - 380
Seri SBSN PBS025 8.38 - - - 46,761
Seri SBSN PBS028 7.75 - - - 9,558
Seri SBSN PBS029 6.38 - - 3,826 232
Seri SBSN PBS030 5.88 - - 708,279 128,505
Seri SBSN PBS032 4.88 - - 360,451 328,337
Seri SBSN PBS033 6.75 - - 7,594 29,124
Seri SBSN PBS034 6.50 - - 32,138 964
Seri SBSN PBS036 5.38 - - - 449,735
Seri SBSN PBS037 6.88 - - 1,486 2,780
Seri SBSN PBS038 6.88 - - 8,414 3,235
Seri SBSN PBS039 6.63 - - 20,124 -
Seri SBSN PBS040 5.00 - - 116,741 -
Seri SBSN SR016 4.95 - - - 19,716
Seri SBSN SR017 5.90 - - - 23,254
Seri SBSN SR018T3 6.25 - - 30,618 33,789
Seri SBSN SR018T5 6.40 - - 34,658 18,597
Seri SBSN SR019T3 5.95 - - 28,242 18,402
Seri SBSN SR019T5 6.10 - - 30,113 13,679
Seri SBSN SR020T3 6.30 - - 73,089 19,111
Seri SBSN SR020T5 6.40 - - 22,239 12,661
Seri SBSN SR021T3 6.35 - - 80,123 4,996
Seri SBSN SR021T5 6.45 - - 40,092 373
Seri SBSN SR022T3 6.45 - - 18,073 -
Seri SBSN SR022T5 6.55 - - 6,686 -
Seri SBSN SR023T3 5.80 - - 8,832 -
Seri SBSN SR023T5 5.95 - - 46,633 -
SPN-S 02022025TRD - - - - 323,005
SPN-S 03032025TRD - - - - 469,597
SPN-S 01042025TRD - - - - 165,654
SPN-S 29052025TRD - - - - 320,256
SPN-S 09062025TRD - - - - 160,206
SPN-S 07072025TRD - - - - 309,093
SPN S 04082025TRD - - - - 75,910
SPN-S 01092025TRD - - - - 138,603
SPN-S 09032026TRD - - - 473,303 -
SPN-S 06042026TRD - - - 537,922 -
SPN-S 04052026TRD - - - 8,206 -
SPN-S 01062026TRD - - - 220,769 -
SPN-S 13072026TRD - - - 487,925 -
SPN-S 10082026TRD - - - 1,121,953 -
Korporasi/Corporation
EBAS - SP*) - - - 27,722 29,476
11,535,909 6,320,602
Dolar Amerika Serikat/United States Dollar
Bank Indonesia*) 3.98 - - 504,035 -
Pemerintah/Government*)
Seri INDOIS25TRD 3.31 - - - 1,621
Seri INDOIS27TRD 4.27 - - - 13,096
Seri SNI25TRD 4.30 - - - 31,464
Seri SNI0229TRD 4.45 - - 6,798 -
Seri SNI0327TRD 4.15 - - 12,280 -
Seri SNI0530TRD 5.00 - - 25,697 -
Seri SNI0627TRD 4.40 - - 119,132 -
Seri SNI0631TRD 2.55 - - 2,883 -
Seri SNI0730TRD 4.55 - - 41,723 -
Seri SNI0735TRD 5.20 - - 43,813 -
Seri SNI1133TRD 5.60 - - 8,532 -
764,893 46,181
12,300,802 6,366,783
*) Tidak memiliki peringkat *) No Rating
58
Page 720
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
7. INVESTASI PADA SURAT BERHARGA (lanjutan) 7. INVESTMENTS IN MARKETABLE SECURITIES
(continued)
b. Berdasarkan penerbit (lanjutan) b. By issuer (continued)
Tingkat
bagi hasil per
tahun (%)/ Peringkat/ Nilai tercatat/
Annual Rating Carrying value
revenue
sharing 31 Desember/ 31 Desember/ 31 Desember/ 31 Desember/
Penerbit/Issuer rate (%) December 2025 December 2024 December 2025 December 2024
Diukur pada nilai wajar melalui penghasilan
komprehensif lain (lanjutan)/
Measured at fair value through other
comprehensive income (continued)
Rupiah
Bank Indonesia*) 5.01 - - 5,240,654 11,184,698
Korporasi/Corporation*)
Reksa Dana PT Batavia Proteksi Syariah - - - 353,283 351,601
Reksa Dana PT Bahana TCW Investment Management - - - 451,671 512,750
Reksa Dana PT BNP Paribas Asset Management - - - - 203,855
Reksa Dana PT Eastspring Investment Indonesia - - - 876,914 717,281
Reksa Dana PT Manulife Syariah Proteksi Utama - - - 201,534 200,938
Reksa Dana PT Syailendra Capital - - - 458,759 202,074
Reksa Dana PT Trimegah Sekuritas Indonesia - - - 572,623 355,415
Pemerintah/Government*)
Seri SBSN PBSG001 6.63 - - 1,508,018 573,996
Seri SBSN PBS003 6.00 - - 2,072,938 1,041,777
Seri SBSN PBS004 6.10 - - 1,662,367 1,501,152
Seri SBSN PBS012 8.88 - - 629,888 366,579
Seri SBSN PBS022 8.63 - - 394,499 -
Seri SBSN PBS029 6.38 - - 1,334,224 999,665
Seri SBSN PBS030 5.88 - - 3,659,127 1,619,080
Seri SBSN PBS032 4.88 - - 1,401,935 1,636,720
Seri SBSN PBS034 6.50 - - 1,011,107 -
Seri SBSN PBS036 5.38 - - - 598,793
Seri SBSN PBS037 6.88 - - 1,920,552 1,913,238
Seri SBSN PBS040 5.00 - - 1,303,763 -
25,053,856 23,979,612
Dolar Amerika Serikat/United States Dollar
Bank lndonesia*) 3.97 - - 5,669,500 8,127,975
Pemerintah/Government*)
Seri SNI0630AFS 2.80 - - 159,998 71,410
Seri SNI0229AFS 4.45 - - 184,649 94,236
Seri SNI0729AFS 5.10 - - 309,995 64,314
Seri SNI0632AFS 4.70 - - 33,712 31,106
Seri SNI0327AFS 4.15 - - 83,541 -
Seri SNI0530AFS 5.00 - - 281,109 -
Seri SNI0631AFS 2.55 - - 52,109 -
Seri SNI1128AFS 5.40 - - 26,997 -
Seri SNI1230AFS 4.50 - - 16,729 -
Seri SNI1133AFS 5.60 - - 52,777 -
6,871,116 8,389,041
31,924,972 32,368,653
Diukur pada biaya perolehan diamortisasi/
Measured at amortised cost
Rupiah
Korporasi/Corporation
-
PT BPD Kalimantan Selatan Tahun 2022 8.00 - A(idn)sy 35,000
CIMB Niaga Tahun 2023 Seri B 7.15 idAAA(sy) AA+(idn)sy 45,000 45,000
Indosat Tahap I Tahun 2022 Seri A 7.00 - idAAA(sy) - 213,800
MPI Tahap II Tahun 2022 Seri A 9.00 - idA(sy) - 150,000
XL Axiata Tahap I Tahun 2022 Seri A 6.75 - AAA(idn)sy - 195,000
Pemerintah/Government*)
Seri SBSN IFR0006 10.25 - - 48,662 49,533
Seri SBSN IFR0010 10.00 - - 96,985 98,377
Seri SBSN PBS003 6.00 - - 1,920,069 1,921,650
Seri SBSN PBS004 6.10 - - 714,192 712,393
Seri SBSN PBS005 6.75 - - 156,927 156,743
Seri SBSN PBS012 8.88 - - 164,133 166,538
Seri SBSN PBS017 6.13 - - - 7,590,093
Seri SBSN PBS021 8.50 - - 102,637 105,663
Seri SBSN PBS030 5.88 - - 3,351,456 3,353,999
Seri SBSN PBS032 4.88 - - 6,627,593 6,625,521
Seri SBSN PBS036 5.38 - - - 298,577
Seri SBSN PBSG001 6.63 - - 998,313 998,421
Seri SBSN SR016 4.95 - - - 49,866
Wesel Ekspor/Export bills 5.92 - - 213,953 309,746
14,439,920 23,075,920
*) Tidak memiliki peringkat *) No Rating
59
Page 721
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
7. INVESTASI PADA SURAT BERHARGA (lanjutan) 7. INVESTMENTS IN MARKETABLE SECURITIES
(continued)
b. Berdasarkan penerbit (lanjutan) b. By issuer (continued)
Tingkat
bagi hasil per
tahun (%)/ Peringkat/ Nilai tercatat/
Annual Rating Carrying value
revenue
sharing 31 Desember/ 31 Desember/ 31 Desember/ 31 Desember/
Penerbit/Issuer rate (%) December 2025 December 2024 December 2025 December 2024
Diukur pada biaya perolehan diamortisasi/
Measured at amortised cost
Dolar Amerika Serikat/United States Dollar
Pemerintah/Government*)
Seri INDOIS25 4.33 - - - 61,861
Seri INDOIS25 NEW 2.30 - - - 80,494
Seri INDOIS27 4.40 - - - 241,688
Seri INDOIS29 5.10 - - - 49,537
Seri SNI0327 4.15 - - 83,317 -
Seri SNI0530 5.00 - - 67,815 -
Seri SNI0627 4.40 - - 250,285 -
Seri SNI0630 2.80 - - 93,212 -
Seri SNI0729 5.10 - - 51,034 -
Seri SNI1128 5.40 - - 172,989 -
Seri SNI1133 5.60 - - 87,004 -
Seri SNI1230 4.50 - - 33,350 -
Seri SNI28 4.40 - - 167,971 -
Wesel Ekspor/Export bills 5.10 - - 9,931 6,870
1,016,908 440,450
15,456,828 23,516,370
59,682,602 62,251,806
Cadangan kerugian penurunan nilai/Allowance for impairment losses (32,114) (35,288)
59,650,488 62,216,518
*) Tidak memiliki peringkat *) No Rating
Jumlah nominal atas SNI0229, SNI0327, The nominal amount of SNI0229, SNI0327,
SNI0530, SNI0627, SNI0631, SNI0730, SNI0530, SNI0627, SNI0631, SNI0730,
SNI0735, SNI1133, SNI0630, SNI0729, SNI0735, SNI1133, SNI0630, SNI0729,
SNI0632, SNI1128, SNI1230, SNI28 dan SNI0632, SNI1128, SNI1230, SNI28 and
SUVBI dalam mata uang Dolar Amerika SUVBI which is denominated in United States
Serikat pada tanggal 31 Desember 2025 Dollar as at 31 December 2025 amounted to
adalah sebesar USD518.320.055 (nilai USD518,320,055 (full amount).
penuh).
Jumlah nominal atas INDOIS25, INDOIS25 The nominal amount of INDOIS25, INDOIS25
NEW, INDOIS25TRD, INDOIS27, NEW, INDOIS25TRD, INDOIS27,
INDOIS27TRD, INDOIS29, SNI25TRD, INDOIS27TRD, INDOIS29, SNI25TRD,
SNI0630, SNI0229, SNI0729, SNI0632 dan SNI0630, SNI0229, SNI0729, SNI0632 and
SUVBI dalam mata uang Dolar Amerika SUVBI which is denominated in United States
Serikat pada tanggal 31 Desember 2024 Dollar as at 31 December 2024 amounted to
adalah sebesar USD551.028.356 (nilai USD551,028,356 (full amount).
penuh).
Bank mengakui (kerugian)/keuntungan yang The Bank recognised unrealised (loss)/gain on
belum direalisasi dari perubahan nilai wajar surat changes in the value of marketable securities
berharga yang diklasifikasikan “Diukur pada nilai classified as “Measured at fair value through
wajar melalui pendapatan komprehensif lain” other comprehensive income” for the period
untuk periode yang berakhir pada tanggal ended 31 December 2025 and 2024 amounting
31 Desember 2025 dan 2024 masing-masing to Rp492,515 and Rp(92,116), respectively,
sebesar Rp492.515 dan Rp(92.116) yang which are recorded in the statements of profit or
disajikan di laporan laba rugi dan penghasilan loss and other comprehensive income.
komprehensif lain.
60
Page 722
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
7. INVESTASI PADA SURAT BERHARGA (lanjutan) 7. INVESTMENTS IN MARKETABLE SECURITIES
(continued)
c. Berdasarkan jangka waktu c. By period
31 Desember/ 31 Desember/
December 2025 December 2024
≤ 1 tahun 19,248,386 19,175,310 ≤ 1 year
> 1 - ≤ 3 tahun 2,532,352 4,724,828 > 1 - ≤ 3 years
> 3 - ≤ 5 tahun 4,116,225 4,418,800 > 3 - ≤ 5 years
> 5 tahun 33,785,639 33,932,868 > 5 years
59,682,602 62,251,806
Cadangan kerugian penurunan nilai (32,114) (35,288) Allowance for impairment losses
59,650,488 62,216,518
d. Berdasarkan sisa umur jatuh tempo d. By remaining period to maturity
31 Desember/ 31 Desember/
December 2025 December 2024
≤ 1 bulan 7,607,509 4,906,360 ≤ 1 month
> 1 - ≤ 3 bulan 4,769,200 10,427,000 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 17,432,491 18,568,165 > 3 - ≤ 12 months
> 1 tahun 29,873,402 28,350,281 > 1 year
59,682,602 62,251,806
Cadangan kerugian penurunan nilai (32,114) (35,288) Allowance for impairment losses
59,650,488 62,216,518
e. Berdasarkan hubungan e. By relationship
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah 14,527,936 15,999,324 Rupiah
Mata uang asing 6,183,466 8,134,845 Foreign currencies
20,711,402 24,134,169
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah 36,501,749 37,376,811 Rupiah
Mata uang asing 2,469,451 740,826 Foreign currencies
38,971,200 38,117,637
59,682,602 62,251,806
Cadangan kerugian penurunan nilai (32,114) (35,288) Allowance for impairment losses
59,650,488 62,216,518
f. Berdasarkan kolektibilitas f. By collectibility
Kolektibilitas investasi pada surat berharga The collectibility of investments in marketable
diungkapkan pada Catatan 54c. securities is disclosed in Note 54c.
g. Informasi penting lainnya g. Other significant information
Bank melakukan penilaian atas penurunan nilai The Bank assessed the impairment on
investasi surat berharga secara individual investments in marketable securities
dengan adanya bukti objektif penurunan nilai. individually based on whether an objective
evidence of impairment exists.
61
Page 723
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
7. INVESTASI PADA SURAT BERHARGA (lanjutan) 7. INVESTMENTS IN MARKETABLE SECURITIES
(continued)
g. Informasi penting lainnya (lanjutan) g. Other significant information (continued)
Manajemen berpendapat bahwa jumlah Management believes that the allowance for
cadangan kerugian penurunan nilai di atas impairment losses stated above is adequate.
telah memadai.
Pada tanggal 31 Desember 2024, Sukuk As of 31 December 2024, Government Bonds
Pemerintah dengan jumlah nominal sebesar with total nominal amount of Rp19,800,000 are
Rp19.800.000 dijaminkan untuk fasilitas being pledged as collateral for the facilities of
liabilitas kepada Bank Indonesia (Catatan 21). liabilities to Bank Indonesia (Note 21).
Pada tanggal 31 Desember 2025, tidak As of 31 December 2025, there is no
terdapat Sukuk Pemerintah yang dijaminkan. Government Bonds are being pledged as
collateral.
Perubahan cadangan kerugian penurunan nilai The movements of allowance for losses on
investasi pada surat berharga adalah sebagai investments in marketable securities are as
berikut: follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Saldo awal 35,288 132,506 Beginning balance
Pembalikan tahun berjalan (Catatan 40) (3,179) (97,218) Rreversal during the year (Note 40)
Selisih kurs 5 - Exchange rate difference
Saldo akhir 32,114 35,288 Ending balance
Berikut adalah perubahan nilai tercatat dan The following are changes in the carrying value
cadangan kerugian penurunan nilai efek-efek and allowance for impairment losses of
dengan klasifikasi nilai wajar melalui securities classified as fair value through other
penghasilan komprehensif lain. comprehensive income.
31 Desember/December 2025 31 Desember/December 2024
Cadangan Cadangan
kerugian kerugian
penurunan penurunan
nilai/Allowance nilai/Allowance
Nilai tercatat/ for impairment Nilai tercatat/ for impairment
Carrying value losses Carrying value losses
Saldo awal tahun 32,368,653 25,439 30,717,172 13,406 Beginning balance
Efek-efek yang baru dibeli 269,272,069 6,637 92,827,061 15,743 Newly purchased marketable securities
Efek-efek yang jatuh tempo Matured or sold
atau dijual (270,685,674) (2,039) (91,024,256) (3,776) marketable securities
Amortisasi premium dan diskonto 477,409 - (59,208) - Amortisation of premium and discount
Perubahan nilai wajar 492,515 (890) (92,116) 66 Changes in fair values
31,924,972 29,147 32,368,653 25,439
Bank membeli investasi EBAS-SP kelas B pada The Bank purchased the EBAS-SP class B
bulan Juni 2023. EBAS-SP kelas B merupakan investment in June 2023. EBAS-SP class B is a
investasi kelas junior yang bersifat subordinasi junior class investment which is subordinate to
dari EBAS-SP kelas A. Pembayaran imbal hasil EBAS-SP class A. Payment of class B profit
kelas B akan dibayarkan setiap kuartal ketika sharing will be paid on quarterly basis when the
imbal hasil kelas A telah terbayar. Pembayaran class A profit sharing portion has been paid.
pokok kelas B akan dibayarkan ketika pokok Payment of class B principal will be paid only
kelas A telah terbayar penuh (ekspektasi di after all principal of class A are paid in full
2032). (expected in 2032).
62
Page 724
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
8. TAGIHAN DAN LIABILITAS AKSEPTASI 8. ACCEPTANCE RECEIVABLES AND LIABILITIES
a. Berdasarkan jenis dan mata uang a. By type and currency
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Pihak ketiga Third parties
L/C Impor dan Surat Kredit Import L/C and Local
Berdokumen Dalam Negeri Letter of Credit
(“SKBDN”) 98,309 4,630 (“SKBDN”)
L/C Ekspor dan Surat Kredit Export L/C and Local
Berdokumen Dalam Negeri Letter of Credit
(“SKBDN”) 16,928 8,064 (“SKBDN”)
115,237 12,694
Mata uang Asing Foreign currencies
Pihak ketiga Third parties
L/C Impor dan Surat Kredit Import L/C and Local
Berdokumen Dalam Negeri Letter of Credit
(“SKBDN”) 472,202 - (“SKBDN”)
472,202 -
Rupiah Rupiah
Pihak berelasi (Catatan 45) Related parties (Note 45)
L/C Impor dan Surat Kredit Import L/C and Local
Berdokumen Dalam Negeri Letter of Credit
(“SKBDN”) 67,773 130,019 (“SKBDN”)
L/C Ekspor dan Surat Kredit Export L/C and Local
Berdokumen Dalam Negeri Letter of Credit
(“SKBDN”) 37,904 42,432 (“SKBDN”)
105,677 172,451
693,116 185,145
Cadangan kerugian penurunan nilai (6,931) (1,851) Allowance for impairment losses
686,185 183,294
b. Berdasarkan kolektibilitas b. By collectibility
Kolektibilitas tagihan akseptasi diungkapkan The collectibility of acceptance receivables is
pada Catatan 54d. disclosed in Note 54d.
c. Berdasarkan sisa umur jatuh tempo c. By remaining period to maturity
31 Desember/ 31 Desember/
December 2025 December 2024
≤ 1 bulan 33,394 30,721 ≤ 1 month
> 1 - ≤ 3 bulan 147,546 66,362 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 512,176 88,062 > 3 - ≤ 12 months
693,116 185,145
Cadangan kerugian penurunan nilai (6,931) (1,851) Allowance for impairment losses
686,185 183,294
d. Perubahan cadangan kerugian penurunan d. The movements of allowance for losses on
nilai tagihan akseptasi acceptance receivables
31 Desember/ 31 Desember/
December 2025 December 2024
Saldo awal 1,851 4,312 Beginning balance
Penambahan/(pembalikan) selama Addition/(reversal) during
tahun berjalan (Catatan 40) 5,036 (2,457) the year (Note 40)
Selisih kurs 44 (4) Exchange rate difference
Saldo akhir 6,931 1,851 Ending balance
63
Page 725
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
8. TAGIHAN DAN LIABILITAS AKSEPTASI 8. ACCEPTANCE RECEIVABLES AND LIABILITIES
(lanjutan) (continued)
d. Perubahan cadangan kerugian penurunan d. The movements of allowance for losses on
nilai tagihan akseptasi (lanjutan) acceptance receivables (continued)
Manajemen berpendapat bahwa penyisihan Management believes that the allowance for
kerugian yang dibentuk adalah cukup untuk impairment losses is adequate to cover losses
menutup kerugian akibat tidak tertagihnya from uncollectible acceptance receivables.
tagihan akseptasi.
9. PIUTANG 9. RECEIVABLES
a. Berdasarkan mata uang dan jenis a. By currency and type
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Piutang murabahah 149,327,556 144,272,534 Murabahah receivables
Piutang istishna - 11 Istishna receivables
Piutang ijarah atas aset 12,221 15,942 Ijarah receivables of assets
Piutang ijarah multijasa 154,278 172,419 Multi-services ijarah
149,494,055 144,460,906
Mata uang asing Foreign currencies
Piutang murabahah 598 - Murabahah receivables
Jumlah 149,494,653 144,460,906 Total
Cadangan kerugian penurunan nilai (4,560,165) (4,265,369) Allowance for impairment losses
Bersih 144,934,488 140,195,537 Net
b. Berdasarkan mata uang dan sektor ekonomi b. By currency and economic sector
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Industri 2,381,647 2,670,919 Manufacturing
Jasa usaha 6,112,036 6,278,640 Business services
Konstruksi 275,410 302,656 Construction
Konsumer 110,435,465 106,767,508 Consumer
Listrik, gas dan air 41,564 46,949 Electricity, gas and water
Pengangkutan 850,408 856,986 Transportation
Perdagangan 16,770,042 15,427,045 Trading
Pertambangan 245,607 282,623 Mining
Pertanian 11,997,593 11,257,060 Agriculture
Sosial/masyarakat 114,885 123,242 Social/public
Lainnya 269,398 447,278 Others
149,494,055 144,460,906
Mata uang asing Foreign currencies
Pengangkutan 598 - Transportation
Jumlah 149,494,653 144,460,906 Total
Cadangan kerugian penurunan nilai (4,560,165) (4,265,369) Allowance for impairment losses
Bersih 144,934,488 140,195,537 Net
64
Page 726
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
9. PIUTANG (lanjutan) 9. RECEIVABLES (continued)
c. Berdasarkan jangka waktu c. By period
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
≤ 1 tahun 684,262 508,513 ≤ 1 year
> 1 - ≤ 2 tahun 2,785,053 2,030,673 > 1 - ≤ 2 years
> 2 - ≤ 5 tahun 29,087,365 25,958,450 > 2 - ≤ 5 years
> 5 tahun 116,937,375 115,963,270 > 5 years
149,494,055 144,460,906
Mata uang asing Foreign currencies
> 2 - ≤ 5 tahun 598 - > 2 - ≤ 5 years
Jumlah 149,494,653 144,460,906 Total
Cadangan kerugian penurunan nilai (4,560,165) (4,265,369) Allowance for impairment losses
Bersih 144,934,488 140,195,537 Net
d. Berdasarkan sisa umur jatuh tempo d. By remaining period to maturity
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
≤ 1 bulan 183,558 201,507 ≤ 1 month
> 1 - ≤ 3 bulan 359,624 240,192 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 5,627,724 3,867,415 > 3 - ≤ 12 months
> 1 - ≤ 5 tahun 59,744,849 53,068,256 > 1 - ≤ 5 years
> 5 tahun 83,578,300 87,083,536 > 5 years
149,494,055 144,460,906
Mata uang asing Foreign currencies
> 1 - ≤ 5 tahun 598 - > 1 - ≤ 5 years
Jumlah 149,494,653 144,460,906 Total
Cadangan kerugian penurunan nilai (4,560,165) (4,265,369) Allowance for impairment losses
Bersih 144,934,488 140,195,537 Net
e. Berdasarkan hubungan e. By relationship
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah 149,440,252 144,394,023 Rupiah
Mata uang asing 598 - Foreign currencies
149,440,850 144,394,023
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah 53,803 66,883 Rupiah
Jumlah 149,494,653 144,460,906 Total
Cadangan kerugian penurunan nilai (4,560,165) (4,265,369) Allowance for impairment losses
Bersih 144,934,488 140,195,537 Net
f. Berdasarkan kolektibilitas f. By collectibility
Kolektibilitas piutang diungkapkan pada The collectibility of receivables is disclosed in
Catatan 54e. Note 54e.
65
Page 727
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
9. PIUTANG (lanjutan) 9. RECEIVABLES (continued)
g. Informasi penting lainnya g. Other significant information
1) Pinjaman karyawan yang diikat dengan 1) Employee loans that used murabahah
akad murabahah adalah pinjaman yang contract are loans to employees used for
diberikan kepada karyawan untuk acquisition of houses, vehicles and other
pembelian rumah, kendaraan dan necessities with 1 (one) until 30 (thirty)
keperluan lainnya dengan jangka waktu years period and paid through monthly
antara 1 (satu) sampai dengan 30 (tiga salary deductions.
puluh) tahun dan dibayar kembali melalui
pemotongan gaji setiap bulan.
2) Efektif yield margin piutang murabahah 2) Effective margin yield on murabahah
untuk Rupiah berkisar antara 9,25% sampai receivables for Rupiah ranges from 9.25%
dengan 10,46% per tahun untuk tahun yang to 10.46% per year for the year ending
berakhir 31 Desember 2025 dan 9,37% 31 December 2025, and from 9.37% to
sampai dengan 9,96% per tahun untuk 9.96% per year for the year ending
tahun yang berakhir 31 Desember 2024 31 December 2024. For foreign
dan untuk mata uang asing berkisar antara currencies, it ranges from 0.69% to 1.02%
0,69% sampai dengan 1,02% per tahun per year for the year ending
untuk tahun yang berakhir 31 December 2025, and from 1.05% to
31 Desember 2025 dan 1,05% sampai 2.76% per year for the year ending
dengan 2,76% per tahun untuk tahun yang 31 December 2024.
berakhir 31 Desember 2024.
3) Perubahan cadangan kerugian penurunan 3) The movements of allowance for
nilai piutang adalah sebagai berikut: impairment losses on receivables are as
follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Saldo awal 4,265,369 4,361,368 Beginning balance
Pembentukan selama
tahun berjalan (Catatan 40) 1,621,074 967,838 Provision during the year (Note 40)
Penerimaan kembali hapus buku 695,437 646,160 Recoveries of write-off
Penghapusbukuan selama
tahun berjalan (2,021,715) (1,710,204) Write-off during the year
Selisih kurs - 207 Exchange rate difference
Saldo akhir 4,560,165 4,265,369 Ending balance
Manajemen berpendapat bahwa jumlah Management believes that the allowance
cadangan kerugian penurunan nilai for impairment losses on murabahah
piutang murabahah dan ijarah yang receivables is adequate to cover potential
dibentuk telah memadai untuk menutup losses from uncollectible receivables.
kemungkinan kerugian akibat tidak
tertagihnya piutang.
Piutang dijamin agunan yang diikat dengan Receivables are collateralised by
hak tanggungan atau surat kuasa registered mortgages or powers of
memasang hak tanggungan atau surat attorneys to mortgage and sell,
kuasa untuk menjual, deposito mudharabah time deposits (Note 26) or by
mudharabah (Catatan 26) atau jaminan other guarantees generally accepted by the
lain yang umumnya dapat diterima oleh Bank.
Bank.
4) Jumlah piutang yang direstrukturisasi 4) Total restructured receivables for the
untuk periode yang berakhir period ended 31 December 2025 and 2024
31 Desember 2025 dan 2024 diungkapkan are disclosed in Note 54i.
dalam Catatan 54i.
5) Rasio Non-Performing Financing (“NPF”) 5) The gross and net ratio of total Non-
bruto dan neto atas jumlah piutang Performing Financing (“NPF”) of
diungkapkan dalam Catatan 54j. receivables are disclosed in Note 54j.
66
Page 728
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
10. PINJAMAN QARDH 10. FUNDS OF QARDH
a. Berdasarkan mata uang dan jenis a. By currency and type
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Rahn 12,064,554 8,081,126 Rahn
Qardh 2,258,172 2,624,707 Qardh
Kartu Hasanah 856,396 801,593 Hasanah Card
15,179,122 11,507,426
Mata uang asing Foreign currencies
Qardh 2,542,806 2,266,358 Qardh
Jumlah 17,721,928 13,773,784 Total
Cadangan kerugian penurunan nilai (748,173) (787,694) Allowance for impairment losses
Bersih 16,973,755 12,986,090 Net
b. Berdasarkan mata uang dan sektor ekonomi b. By currency and economic sector
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Industri 488,925 442,609 Manufacturing
Jasa usaha 527,799 485,681 Business services
Konstruksi 431,435 1,053,849 Construction
Konsumer 12,993,727 8,991,765 Consumer
Pengangkutan 10,729 9,474 Transportation
Perdagangan 497,482 104,477 Trading
Pertanian 202,774 195,132 Agriculture
Listrik, gas dan air 3,327 195,244 Electricity, gas and water
Lainnya 22,924 29,195 Others
15,179,122 11,507,426
Mata uang asing Foreign currencies
Industri 2,066,790 2,003,044 Manufacturing
Jasa usaha 254,164 - Business services
Pengangkutan 214,874 59,004 Transportation
Listrik, gas dan air - 200,885 Electricity, gas and water
Perdagangan 6,978 3,425 Trading
2,542,806 2,266,358
Jumlah 17,721,928 13,773,784 Total
Cadangan kerugian penurunan nilai (748,173) (787,694) Allowance for impairment losses
Bersih 16,973,755 12,986,090 Net
b. Berdasarkan jangka waktu c. By period
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
≤ 1 tahun 11,374,165 7,880,661 ≤ 1 year
> 1 - ≤ 2 tahun 432,508 600,354 > 1 - ≤ 2 years
> 2 - ≤ 5 tahun 319,898 256,793 > 2 - ≤ 5 years
> 5 tahun 3,052,551 2,769,618 > 5 years
15,179,122 11,507,426
Mata uang asing Foreign currencies
≤ 1 tahun 2,283,839 2,099,432 ≤ 1 year
> 1 - ≤ 2 tahun 4,802 166,926 > 1 - ≤ 2 years
> 2 - ≤ 5 tahun 50,833 - > 2 - ≤ 5 years
> 5 tahun 203,332 - > 5 years
2,542,806 2,266,358
Jumlah 17,721,928 13,773,784 Total
Cadangan kerugian penurunan nilai (748,173) (787,694) Allowance for impairment losses
Bersih 16,973,755 12,986,090 Net
67
Page 729
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
10. PINJAMAN QARDH (lanjutan) 10. FUNDS OF QARDH (continued)
d. Berdasarkan sisa umur jatuh tempo d. By remaining period to maturity
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
≤ 1 bulan 1,852,234 1,444,041 ≤ 1 month
> 1 - ≤ 3 bulan 6,066,327 4,315,569 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 4,015,863 2,351,567 > 3 - ≤ 12 months
> 1 - ≤ 5 tahun 902,781 1,334,153 > 1 - ≤ 5 years
> 5 tahun 2,341,917 2,062,096 > 5 years
15,179,122 11,507,426
Mata uang asing Foreign currencies
≤ 1 bulan 297,183 177,507 ≤ 1 month
> 1 - ≤ 3 bulan 1,059,020 793,541 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 932,439 1,295,310 > 3 - ≤ 12 months
> 1 - ≤ 5 tahun 254,164 - > 1 - ≤ 5 years
> 5 tahun - - > 5 years
2,542,806 2,266,358
Jumlah 17,721,928 13,773,784 Total
Cadangan kerugian penurunan nilai (748,173) (787,694) Allowance for impairment losses
Bersih 16,973,755 12,986,090 Net
e. Berdasarkan hubungan e. By relationship
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah 14,913,206 10,596,644 Rupiah
Mata uang asing 2,288,213 2,266,358 Foreign currency
17,201,419 12,863,002
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah 265,916 910,782 Rupiah
Mata uang asing 254,593 - Foreign currency
520,509 910,782
Jumlah 17,721,928 13,773,784 Total
Cadangan kerugian penurunan nilai (748,173) (787,694) Allowance for impairment losses
Bersih 16,973,755 12,986,090 Net
f. Berdasarkan kolektibilitas f. By collectibility
Kolektibilitas pinjaman qardh diungkapkan The collectibility of funds of qardh is disclosed in
pada Catatan 54f. Note 54f.
g. Informasi penting lainnya g. Other significant information
1) Perubahan cadangan kerugian penurunan 1) The movements of allowance for
nilai pinjaman qardh adalah sebagai impairment losses on funds of qardh are as
berikut: follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Saldo awal 787,694 817,917 Beginning balance
Pembentukan selama tahun
berjalan (Catatan 40) 24,738 27,969 Provision during the year (Note 40)
Penerimaan kembali hapus buku 3,845 5,212 Recoveries of written-off
Penghapusbukuan selama
tahun berjalan (68,936) (64,288) Write-off during the year
Selisih kurs 832 884 Exchange rate differences
Saldo akhir 748,173 787,694 Ending balance
68
Page 730
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
10. PINJAMAN QARDH (lanjutan) 10. FUNDS OF QARDH (continued)
g. Informasi penting lainnya (lanjutan) g. Other significant information (continued)
Manajemen berpendapat bahwa jumlah Management believes that the allowance
cadangan kerugian penurunan nilai for impairment losses on funds of qardh is
pinjaman qardh yang dibentuk telah adequate to cover potential losses from
memadai untuk menutup kemungkinan uncollectible funds of qardh.
kerugian akibat tidak tertagihnya pinjaman
qardh.
2) Pinjaman qardh dijamin agunan yang diikat 2) Funds of qardh are collateralised by
dengan gadai, hak tanggungan atau surat pawning, registered mortgages or powers
kuasa memasang hak tanggungan atau of attorneys to mortgage and sell,
surat kuasa untuk menjual, deposito mudharabah time deposits (Note 26) or by
mudharabah (Catatan 26) atau jaminan other guarantees generally accepted by
lain yang umumnya dapat diterima oleh the Bank.
Bank.
3) Jumlah pinjaman qardh yang 3) Total restructured funds of qardh for the
direstrukturisasi untuk periode yang period ended 31 December 2025 and 2024
berakhir 31 Desember 2025 dan 2024 are disclosed in Note 54i.
diungkapkan dalam Catatan 54i.
4) Rasio Non-Performing Financing (“NPF”) 4) The gross and net ratio of total Non-
bruto dan neto atas jumlah pinjaman qardh Performing Financing (“NPF”) of funds of
diungkapkan dalam Catatan 54j. qardh are disclosed in Note 54j.
11. PEMBIAYAAN MUDHARABAH 11. MUDHARABAH FINANCING
a. Berdasarkan mata uang dan jenis a. By currency and type
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Modal kerja 2,842,514 2,869,127 Working capital
Investasi 46,795 45,809 Investment
2,889,309 2,914,936
Mata uang asing Foreign currencies
Modal kerja - 22,143 Working capital
Jumlah 2,889,309 2,937,079 Total
Cadangan kerugian penurunan nilai (51,456) (93,488) Allowance for impairment losses
Bersih 2,837,853 2,843,591 Net
b. Berdasarkan mata uang dan sektor ekonomi b. By currency and economic sector
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Industri 36,801 7,171 Manufacturing
Jasa usaha 57,274 54,116 Business services
Konstruksi 16,819 16,354 Construction
Perdagangan 16,288 21,123 Trading
Pengangkutan 8,406 17,835 Transportation
Pertanian 97,273 100,000 Agriculture
Lainnya 2,656,448 2,698,337 Others
2,889,309 2,914,936
Mata uang asing Foreign currencies
Pengangkutan - 22,143 Transportation
Jumlah 2,889,309 2,937,079 Total
Cadangan kerugian penurunan nilai (51,456) (93,488) Allowance for impairment losses
Bersih 2,837,853 2,843,591 Net
69
Page 731
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
11. PEMBIAYAAN MUDHARABAH (lanjutan) 11. MUDHARABAH FINANCING (continued)
c. Berdasarkan jangka waktu c. By period
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
≤ 1 tahun 2,005,755 2,038,740 ≤ 1 year
> 1 - ≤ 2 tahun 41,244 37,632 > 1 - ≤ 2 years
> 2 - ≤ 5 tahun 265,268 294,407 > 2 - ≤ 5 years
> 5 tahun 577,042 544,157 > 5 years
2,889,309 2,914,936
Mata uang asing Foreign currencies
≤ 1 tahun - 22,143 ≤ 1 year
Jumlah 2,889,309 2,937,079 Total
Cadangan kerugian penurunan nilai (51,456) (93,488) Allowance for impairment losses
Bersih 2,837,853 2,843,591 Net
d. Berdasarkan sisa umur jatuh tempo d. By remaining period to maturity
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
≤ 1 bulan 2,019,018 20,506 ≤ 1 month
> 1 - ≤ 3 bulan 7,403 8,190 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 66,465 2,088,080 > 3 - ≤ 12 months
> 1 - ≤ 5 tahun 584,205 630,325 > 1 - ≤ 5 years
> 5 tahun 212,218 167,835 > 5 years
2,889,309 2,914,936
Mata uang asing Foreign currencies
> 1 - ≤ 3 bulan - - > 1 - ≤ 3 months
> 3 - ≤ 12 bulan - 22,143 > 3 - ≤ 12 months
- 22,143
Jumlah 2,889,309 2,937,079 Total
Cadangan kerugian penurunan nilai (51,456) (93,488) Allowance for impairment losses
Bersih 2,837,853 2,843,591 Net
e. Berdasarkan hubungan e. By relationship
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah 889,309 914,936 Rupiah
Mata Uang Asing - 22,143 Foreign currencies
889,309 937,079
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah 2,000,000 2,000,000 Rupiah
Jumlah 2,889,309 2,937,079 Total
Cadangan kerugian penurunan nilai (51,456) (93,488) Allowance for impairment losses
Bersih 2,837,853 2,843,591 Net
f. Berdasarkan kolektibilitas f. By collectibility
Kolektibilitas pembiayaan mudharabah The collectibility of mudharabah financing is
diungkapkan pada Catatan 54g. disclosed in Note 54g.
70
Page 732
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
11. PEMBIAYAAN MUDHARABAH (lanjutan) 11. MUDHARABAH FINANCING (continued)
g. Informasi penting lainnya g. Other significant information
1) Efektif yield bagi hasil pembiayaan 1) Effective profit sharing yield mudharabah
mudharabah untuk Rupiah berkisar antara for Rupiah ranges from 4.54% to 17.93%
4,54% sampai dengan 17,93% per tahun per year for the year ending 31 December
untuk tahun yang berakhir 31 Desember 2025, and from 3.94% to 14.06% per year
2025 dan berkisar antara 3,94% sampai for the year ending 31 December 2024. For
dengan 14,06% per tahun untuk tahun foreign currencies, it ranges from 5.00% to
yang berakhir 31 Desember 2024 dan 5.59% per year for the year ending
untuk mata uang asing berkisar antara 31 December 2025, and from 5.04% to
5,00% sampai dengan 5,59% per tahun 5.08% per year for the year ending
untuk tahun yang berakhir 31 Desember 31 December 2024.
2025 dan 5,04% sampai dengan 5,08% per
tahun untuk tahun yang berakhir
31 Desember 2024.
2) Perubahan cadangan kerugian penurunan 2) The movements of allowance for
nilai pembiayaan mudharabah adalah impairment losses on mudharabah
sebagai berikut: financing are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Saldo awal 93,488 49,481 Beginning balance
(Pembalikan)/pembentukan selama (Reversal)/provision
tahun berjalan (Catatan 40) (10,107) 44,110 during the year (Note 40)
Penerimaan kembali hapus buku 10,017 31 Recoveries of written-off
Penghapusbukuan selama
tahun berjalan (41,942) (134) Write-off during the year
Saldo akhir 51,456 93,488 Ending balance
Manajemen berpendapat bahwa cadangan Management believes that the allowance
kerugian penurunan nilai pembiayaan for impairment losses on mudharabah
mudharabah yang dibentuk telah memadai financing is adequate to cover potential
untuk menutup kemungkinan kerugian losses from uncollectible mudharabah
akibat tidak tertagihnya pembiayaan financing.
mudharabah.
3) Pembiayaan mudharabah dijamin agunan 3) Mudharabah financing is collateralised by
yang diikat dengan hak tanggungan atau registered mortgage or powers of attorneys
surat kuasa memasang hak tanggungan to mortgage or sell, mudharabah time
atau surat kuasa untuk menjual, deposito deposits (Note 26) or by other guarantees
mudharabah (Catatan 26) atau jaminan generally accepted by the Bank.
lain yang umumnya diterima oleh Bank.
4) Jumlah pembiayaan mudharabah yang 4) Total restructured mudharabah financing
direstrukturisasi untuk periode yang for the period ended 31 December 2025
berakhir 31 Desember 2025 dan 2024 and 2024 are disclosed in Note 54i.
diungkapkan dalam Catatan 54i.
5) Rasio Non-Performing Financing (“NPF”) 5) The gross and net ratio of total Non-
bruto dan neto atas jumlah pembiayaan Performing Financing (“NPF”) of
mudharabah diungkapkan dalam Catatan mudharabah financing are disclosed in
54j. Note 54j.
71
Page 733
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
12. PEMBIAYAAN MUSYARAKAH 12. MUSYARAKAH FINANCING
a. Berdasarkan mata uang dan jenis a. By currency and type
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Investasi 61,369,286 46,224,075 Investment
Modal kerja 27,771,184 28,511,351 Working capital
Konsumsi 52,387,518 36,105,093 Consumption
141,527,988 110,840,519
Mata uang asing Foreign currencies
Investasi 3,075,830 3,071,894 Investment
Modal kerja 267,956 274,805 Working capital
3,343,786 3,346,699
Jumlah 144,871,774 114,187,218 Total
Cadangan kerugian penurunan nilai (5,622,587) (5,145,131) Allowance for impairment losses
Bersih 139,249,187 109,042,087 Net
b. Berdasarkan mata uang dan sektor ekonomi b. By currency and economic sector
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Industri 7,527,410 7,215,612 Manufacturing
Jasa usaha 19,346,508 16,364,550 Business services
Konstruksi 15,057,927 16,470,495 Construction
Konsumer 52,387,518 36,105,092 Consumer
Listrik, gas dan air 5,495,099 5,701,749 Electricity, gas and water
Pengangkutan 9,662,132 6,553,830 Transportation
Perdagangan 17,004,643 7,343,272 Trading
Pertambangan 1,247,674 454,897 Mining
Pertanian 10,307,164 11,811,928 Agriculture
Sosial/masyarakat 175,931 187,051 Social/public
Lainnya 3,315,982 2,632,043 Others
141,527,988 110,840,519
Mata uang asing Foreign currencies
Industri 400,200 422,286 Manufacturing
Pertanian 813,550 897,542 Agriculture
Listrik, gas dan air 1,302,184 611,612 Electricity, gas and water
Pengangkutan 10,777 138,803 Transportation
Pertambangan 817,075 1,276,456 Mining
3,343,786 3,346,699
Jumlah 144,871,774 114,187,218 Total
Cadangan kerugian penurunan nilai (5,622,587) (5,145,131) Allowance for impairment losses
Bersih 139,249,187 109,042,087 Net
72
Page 734
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
12. PEMBIAYAAN MUSYARAKAH (lanjutan) 12. MUSYARAKAH FINANCING (continued)
c. Berdasarkan jangka waktu c. By period
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
≤ 1 tahun 6,090,136 7,881,104 ≤ 1 year
> 1 - ≤ 2 tahun 4,641,446 4,848,282 > 1 - ≤ 2 years
> 2 - ≤ 5 tahun 13,650,533 9,738,081 > 2 - ≤ 5 years
> 5 tahun 117,145,873 88,373,052 > 5 years
141,527,988 110,840,519
Mata uang asing Foreign currencies
≤ 1 tahun 233,450 222,676 ≤ 1 year
> 1 - ≤ 2 tahun - - > 1 - ≤ 2 years
> 2 - ≤ 5 tahun 96,870 179,548 > 2 - ≤ 5 years
> 5 tahun 3,013,466 2,944,475 > 5 years
3,343,786 3,346,699
Jumlah 144,871,774 114,187,218 Total
Cadangan kerugian penurunan nilai (5,622,587) (5,145,131) Allowance for impairment losses
Bersih 139,249,187 109,042,087 Net
d. Berdasarkan sisa umur jatuh tempo d. By remaining period to maturity
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
≤ 1 bulan 1,193,667 1,984,503 ≤ 1 month
> 1 - ≤ 3 bulan 4,424,806 3,200,199 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 8,226,635 7,680,873 > 3 - ≤ 12 months
> 1 - ≤ 5 tahun 32,117,508 22,934,376 > 1 - ≤ 5 years
> 5 tahun 95,565,372 75,040,568 > 5 years
141,527,988 110,840,519
Mata uang asing Foreign currencies
≤ 1 bulan 94,617 - ≤ 1 month
> 1 - ≤ 3 bulan 138,832 222,676 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 86,093 - > 3 - ≤ 12 months
> 1 - ≤ 5 tahun 527,890 1,315,118 > 1 - ≤ 5 years
> 5 tahun 2,496,354 1,808,905 > 5 years
3,343,786 3,346,699
Jumlah 144,871,774 114,187,218 Total
Cadangan kerugian penurunan nilai (5,622,587) (5,145,131) Allowance for impairment losses
Bersih 139,249,187 109,042,087 Net
e. Berdasarkan hubungan e. By relationship
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah 115,387,700 84,697,969 Rupiah
Mata uang asing 3,343,786 3,346,699 Foreign currencies
118,731,486 88,044,668
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah 26,140,288 26,142,550 Rupiah
Jumlah 144,871,774 114,187,218 Total
Cadangan kerugian penurunan nilai (5,622,587) (5,145,131) Allowance for impairment losses
Bersih 139,249,187 109,042,087 Net
73
Page 735
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
12. PEMBIAYAAN MUSYARAKAH (lanjutan) 12. MUSYARAKAH FINANCING (continued)
f. Berdasarkan kolektibilitas f. By collectibility
Kolektibilitas pembiayaan musyarakah The collectibility of musyarakah financing is
diungkapkan pada Catatan 54h. disclosed in Note 54h.
g. Informasi penting lainnya g. Other significant information
1) Pinjaman karyawan yang diikat dengan 1) Employee loans that used musyarakah
akad musyarakah adalah pinjaman yang contract are loans to employees used for
diberikan kepada karyawan untuk acquisition of houses, vehicles and other
pembelian rumah, kendaraan, dan necessities with 1 (one) until 30 (thirty)
keperluan lainnya dengan jangka waktu years period and paid through monthly
antara 1 (satu) sampai dengan 30 (tiga salary deductions.
puluh) tahun dan dibayar kembali melalui
pemotongan gaji setiap bulan.
2) Efektif yield bagi hasil pembiayaan 2) Effective profit sharing yield of musyarakah
musyarakah untuk Rupiah berkisar antara financing for Rupiah ranges from 7.58% to
7,58% sampai dengan 8,31% per tahun 8.31% per annum for the year ended
untuk tahun yang berakhir 31 Desember 31 December 2025 and ranges from 7.74%
2025 dan berkisar antara 7,74% sampai to 8.20% per annum for the year ended
dengan 8,20% per tahun untuk tahun yang 31 December 2024 and for foreign
berakhir 31 Desember 2024 dan untuk currencies ranging from 4.70% to 10.19%
mata uang asing berkisar antara 4,70% per annum for the year ended 31
sampai dengan 10,19% per tahun untuk December 2025 and ranges from 3.65% to
tahun yang berakhir 31 Desember 2025 13.63% per annum for the year ended
dan berkisar antara 3,65% sampai dengan 31 December 2024.
13,63% per tahun untuk tahun yang
berakhir 31 Desember 2024.
3) Perubahan cadangan kerugian penurunan 3) The movements of allowance for
nilai pembiayaan musyarakah adalah impairment losses on musyarakah
sebagai berikut: financing are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Saldo awal 5,145,131 4,459,696 Beginning balance
Pembentukan selama tahun
berjalan (Catatan 40) 810,124 1,069,868 Provision during the year (Note 40)
Penerimaan kembali hapus buku 149,505 155,439 Recoveries of written-off
Penghapusbukuan selama
tahun berjalan (492,544) (552,026) Write-off during the year
Selisih kurs 10,371 12,154 Exchange rate difference
Saldo akhir 5,622,587 5,145,131 Ending balance
Manajemen berpendapat bahwa jumlah Management believes that the allowance
cadangan kerugian penurunan nilai for impairment losses on musyarakah
pembiayaan musyarakah yang dibentuk financing is adequate to cover potential
telah memadai untuk menutup losses from uncollectible musyarakah
kemungkinan kerugian akibat tidak financing.
tertagihnya pembiayaan musyarakah.
4) Pembiayaan musyarakah dijamin agunan 4) Musyarakah financing is collateralised by
yang diikat dengan hak tanggungan atau registered mortgages or powers of
surat kuasa memasang hak tanggungan attorneys to mortgage or sell, mudharabah
atau surat kuasa untuk menjual, deposito time deposits (Note 26) or by other
mudharabah (Catatan 26) atau jaminan collaterals generally acceptable by the
lain yang umumnya dapat diterima oleh Bank.
Bank.
5) Jumlah pembiayaan musyarakah yang 5) Total restructured musyarakah financing
direstrukturisasi untuk periode yang for the period ended 31 December 2025
berakhir 31 Desember 2025 dan 2024 and 2024 are disclosed in Note 54i.
diungkapkan dalam Catatan 54i.
74
Page 736
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
12. PEMBIAYAAN MUSYARAKAH (lanjutan) 12. MUSYARAKAH FINANCING (continued)
g. Informasi penting lainnya (lanjutan) g. Other significant information (continued)
6) Rasio Non-Performing Financing (“NPF”) 6) The gross and net ratio of total Non-
bruto dan neto atas jumlah pembiayaan Performing Financing (“NPF”) of
musyarakah diungkapkan dalam Catatan musyarakah financing are disclosed in
54j. Note 54j.
7) Penjualan pembiayaan Griya untuk 7) The sales of Griya financing for the
keperluan sekuritisasi Efek Beragun Aset purposes of securitisation of Sharia Asset
Syariah - Surat Partisipasi (“EBAS - SP”). Backed Securities - Letter of Participation
(“EBAS - SP").
Pada tanggal 3 April 2023, Bank On 3 April 2023, the Bank entered into a
menandatangani Perjanjian Jual Beli Financing Sale and Purchase Agreement
Tagihan Pembiayaan dengan PT Sarana with PT Sarana Multigriya Finansial
Multigriya Finansial (Persero) (“PT SMF”). (Persero) (“PT SMF”). The Bank agreed to
Bank sepakat untuk menjual pembiayaan sell its Griya financing under the
Griya dengan akad Musyarakah Musyarakah Mutanaqisah (“MMQ”)
Mutanaqisah (“MMQ”) kepada PT SMF contract to PT SMF, which consists of
yang terdiri dari 1.604 debitur dengan nilai 1,604 debtors with a principal value of
pokok sebesar Rp325.000. Harga jual yang Rp325,000. The selling price received by
diterima Bank adalah sebesar nilai tercatat the Bank equal to the carrying value of the
pembiayaan. Seluruh pembiayaan yang financing. All financing sold has current
dijual memiliki kolektibilitas lancar dan rata- collectibility and the average margin rate is
rata tingkat imbalan 11,61% dengan rata- 11.61% with an average maturity of 10
rata jangka waktu 10 tahun. years.
Setelah terjadinya penjualan dan Subsequent to the sale and transfer of the
pengalihan kumpulan tagihan tersebut, collection of receivables, credit risks on the
risiko kredit atas kumpulan tagihan telah pool of financing were transferred from the
beralih dari Bank kepada PT SMF. Bank to PT SMF. This transaction has
Transaksi ini telah mendapatkan opini received the opinion of the Sharia
Dewan Pengawas Syariah PT Bank Supervisory Board of PT Bank Syariah
Syariah Indonesia Tbk sesuai dengan surat Indonesia Tbk in accordance with letter
No. 35/BSI/DPS/OPINI/IX/2022 tanggal No. 35/BSI/DPS/OPINI/IX/2022 dated
16 September 2022. 16 September 2022.
Bank akan bertindak sebagai penyedia The Bank will act as a service provider for
jasa pengumpul pembayaran pokok dan collecting principal payments and profit
bagi hasil dari para debitur untuk setiap sharing from debtors for each billing period,
periode penagihan, mentransfer secara transferring periodically collection of
periodik hasil penagihan pokok dan bagi principal and profit sharing to PT SMF and
hasil kepada PT SMF, dan mengurus taking care of the debtor's administrative
keperluan administrasi debitur. Bank needs. The Bank is entitled to a service fee
berhak mendapatkan imbalan jasa sebesar of 5% from the collection of principal and
5% dari hasil penagihan atas pokok dan profit sharing. The bank recognise the
bagi hasil. Bank mengakui imbalan jasa servicing fee as fee based income when
penagihan sebagai pendapatan imbalan the service is renderred.
jasa perbankan pada saat jasa telah
diberikan.
Sebagai penyedia jasa, Bank memiliki opsi As a service provider, the Bank has the
untuk membeli seluruh sisa pembiayaan option to purchase the entire remaining
MMQ yang belum dibayar nasabah jika MMQ financing that have not been paid by
saldo tersisa atas pembiayaan MMQ telah customers if the outstanding balance for
berkurang sampai menjadi 10% atau MMQ financing has been reduced to 10%
kurang, dari jumlah pembiayaan MMQ or less, of the total MMQ financing at the
pada saat awal penjualan. time of initial sale.
75
Page 737
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
13. ASET YANG DIPEROLEH UNTUK IJARAH - 13. ASSETS ACQUIRED FOR IJARAH - NET
BERSIH
Sesuai PSAK 407, akun ini merupakan objek sewa Based on SFAS 407 this account represents lease
dari transaksi Ijarah Muntahiyah Bittamlik (“IMBT”). object transactions from Ijarah Muntahiyah Bittamlik
(“IMBT”).
31 Desember/ 31 Desember/
December 2025 December 2024
Mesin dan instalasi 1,418,864 1,898,777 Machinery and installations
Properti 2,116,184 1,651,516 Property
Alat transportasi 1,903,583 1,182,978 Transportations
Lainnya 5,398 5,399 Others
Jumlah 5,444,029 4,738,670 Total
Akumulasi penyusutan, amortisasi, Accumulated depreciation,
dan penurunan nilai (1,577,932) (1,616,415) amortisation, and impairment
Bersih 3,866,097 3,122,255 Net
Ujrah atas IMBT yang akan diterima bank sampai Ujrah for IMBT which will be received by the Bank
dengan akhir akad berdasarkan sisa jangka waktu up to the end of contract by remaining period are as
adalah sebagai berikut: follow:
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
≤ 1 bulan 47 12 ≤ 1 month
> 1 - ≤ 3 bulan 43 96 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 14,595 22,115 > 3 - ≤ 12 months
> 1 - ≤ 5 tahun 167,498 132,921 > 1 - ≤ 5 years
> 5 tahun 1,010,596 670,758 > 5 years
1,192,779 825,902
14. ASET TETAP, ASET HAK GUNA DAN ASET 14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
TIDAK BERWUJUD - BERSIH INTANGIBLE ASSETS - NET
Aset tetap, aset hak guna dan aset tidak berwujud - Fixed assets, right-of-use assets and intangible
bersih terdiri dari: assets - net consist of:
31 Desember/ 31 Desember/
December 2025 December 2024
Aset tetap - bersih 8,166,999 7,066,275 Fixed assets - net
Aset hak guna - bersih 3,254,036 657,578 Right-of-use assets - net
Aset tidak berwujud - bersih 2,436,092 2,102,344 Intangible assets - net
13,857,127 9,826,197
Aset tetap Fixed assets
31 Desember/December 2025
Saldo awal/ Penambahan/ Pengurangan/ Penilaian kembali/ Reklasifikasi/ Saldo akhir/
Beginning balance Addition Deduction Revaluation Reclassification Ending balance
Nilai revaluasi Revaluation amount
Tanah 2,563,178 28 - - 73,815 2,637,021 Land
Nilai perolehan Acquisition cost
Bangunan 983,757 18,169 - - 117,648 1,119,574 Buildings
Instalasi 445,509 27,411 (1,108 ) - 53,688 525,500 Installation
Kendaraan bermotor 60,909 3,367 (1,736 ) - 14,068 76,608 Vehicles
Inventaris kantor 3,808,700 104,855 (84,002 ) - 1,349,325 5,178,878 Office equipment
Renovasi atas aset sewa 776,628 42,723 (316 ) - 341,998 1,161,033 Leasehold improvement
Aset dalam penyelesaian 1,802,657 1,730,486 - - (1,950,542) 1,582,601 Construction in progress
10,441,338 1,927,039 (87,162) - - 12,281,215
Akumulasi penyusutan Accumulated depreciation
Bangunan (212,081) (56,042) - - - (268,123) Buildings
Instalasi (274,670) (56,873) 1,108 - - (330,435) Installation
Kendaraan bermotor (55,997) (2,739) 1,724 - - (57,012) Vehicles
Inventaris kantor (2,512,411) (513,130) 83,963 - - (2,941,578) Office equipment
Renovasi atas aset sewa (271,450) (197,476) 312 - - (468,614) Leasehold improvement
(3,326,609) (826,260) 87,107 - - (4,065,762)
Akumulasi penurunan nilai Accumulated impairment
Tanah (48,454) - - - - (48,454) Land
Nilai buku 7,066,275 8,166,999 Book value
76
Page 738
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
14. ASET TETAP, ASET HAK GUNA DAN ASET 14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
TIDAK BERWUJUD - BERSIH (lanjutan) INTANGIBLE ASSETS - NET (continued)
Aset tetap (lanjutan) Fixed assets (continued)
31 Desember/December 2024
Saldo awal/ Penambahan/ Pengurangan/ Penilaian kembali/ Reklasifikasi/ Saldo akhir/
Beginning balance Addition Deduction Revaluation Reclassification Ending balance
Nilai revaluasi Revaluation amount
Tanah 2,444,841 62 - 116,525 1,750 2,563,178 Land
Nilai perolehan Acquisition cost
Bangunan 642,280 27,298 (4,492) - 318,671 983,757 Buildings
Instalasi 332,176 58,831 (5,443) - 59,945 445,509 Installation
Kendaraan bermotor 60,245 1,011 (347) - - 60,909 Vehicles
Inventaris kantor 2,880,160 249,645 (53,694) - 732,589 3,808,700 Office equipment
Renovasi atas aset sewa 500,126 27,095 (395) - 249,802 776,628 Leasehold improvement
Aset dalam penyelesaian 828,039 2,337,375 - - (1,362,757) 1,802,657 Construction in progress
7,687,867 2,701,317 (64,371) 116,525 - 10,441,338
Akumulasi penyusutan Accumulated depreciation
Bangunan (175,418) (37,467) 804 - - (212,081) Buildings
Instalasi (242,850) (37,263) 5,443 - - (274,670) Installation
Kendaraan bermotor (53,240) (3,104) 347 - - (55,997) Vehicles
Inventaris kantor (2,232,052) (333,889) 53,530 - - (2,512,411) Office equipment
Renovasi atas aset sewa (148,326) (123,273) 149 - - (271,450) Leasehold improvement
(2,851,886) (534,996) 60,273 - - (3,326,609)
Akumulasi penurunan nilai Accumulated impairment
Tanah (45,979) (2,475) - - - (48,454) Land
Nilai buku 4,790,002 7,066,275 Book value
Aset dalam penyelesaian pada tanggal Construction in progress as at 31 December 2025
31 Desember 2025 dan 2024 adalah sebagai and 2024 are as follows:
berikut:
31 Desember/ 31 Desember/
December 2025 December 2024
Bangunan 657,446 355,621 Buildings
Inventaris kantor 925,155 1,447,036 Office equipment
1,582,601 1,802,657
Estimasi persentase tingkat penyelesaian aset The estimated percentage of completion of
dalam penyelesaian pada tanggal construction in progress as at 31 December 2025 is
31 December 2025 adalah berkisar antara 0,60% - between 0.60% - 99.83% and 31 December 2024 is
99,83% dan 31 Desember 2024 adalah berkisar between 12.00% - 96.43%. Those construction in
antara 12,00% - 96,43%. Aset dalam penyelesaian progress as at 31 December 2025 are estimated to
pada tanggal 31 Desember 2025 tersebut be completed in 2026 until 2027.
diperkirakan akan selesai pada tahun 2026 sampai
dengan 2027.
Jumlah beban penyusutan aset tetap yang Total depreciation expenses of fixed assets charged
dibebankan pada laporan laba rugi dan penghasilan in the statements of profit or loss and other
komprehensif lain adalah masing-masing sebesar comprehensive income is amounting to Rp826,260
Rp826,260 dan Rp534.996 untuk tahun yang and Rp534,996 for the year ended
berakhir pada tanggal 31 Desember 2025 dan 2024 31 December 2025 and 2024, respectively
(Catatan 39). (Note 39).
Bank telah mengasuransikan aset tetap (tidak The Bank has insured the fixed assets (except land
termasuk hak atas tanah) untuk menutup rights) to cover for losses against fire, theft and other
kemungkinan kerugian terhadap risiko kebakaran, risks to PT Asuransi Tripakarta Sharia Unit and PT
kecurian, dan risiko lainnya kepada PT Asuransi Zurich General Takaful Indonesia, all of which are
Tripakarta Unit Syariah dan PT Zurich General third parties, PT Asuransi Staco Mandiri Sharia Unit,
Takaful Indonesia, keseluruhannya adalah pihak PT Asuransi Tugu Pratama Indonesia Tbk Sharia
ketiga, PT Asuransi Staco Mandiri Unit Syariah, PT Unit and PT BRI Asuransi Indonesia Sharia Unit, all
Asuransi Tugu Pratama Indonesia Tbk Unit Syariah of which are related parties, with total insurance
dan PT BRI Asuransi Indonesia Unit Syariah, coverage amounting to Rp8,669,112 and
keseluruhannya adalah pihak berelasi, dengan nilai Rp7,619,835 as at 31 December 2025 and 2024,
pertanggungan masing-masing sebesar respectively.
Rp8.669.112 dan Rp7.619.835 pada tanggal
31 Desember 2025 dan 2024.
77
Page 739
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
14. ASET TETAP, ASET HAK GUNA DAN ASET 14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
TIDAK BERWUJUD - BERSIH (lanjutan) INTANGIBLE ASSETS - NET (continued)
Aset tetap (lanjutan) Fixed assets (continued)
Manajemen Bank berpendapat bahwa nilai The Bank’s management believes the amount is
pertanggungan tersebut cukup untuk menutup adequate to cover losses which may arise from the
kerugian yang mungkin timbul atas aset tetap yang insured fixed assets.
diasuransikan.
Pada tanggal 31 Desember 2025 dan 2024, jumlah As at 31 December 2025 and 2024, the gross
tercatat bruto dari setiap aset tetap yang telah amount of fixed assets which have been fully
disusutkan penuh dan masih digunakan masing- depreciated and are still in use amounted to
masing sebesar Rp2.766.560 dan Rp2.543.082. Rp2,766,560 and Rp2,543,082 respectively.
Selain tanah, tidak terdapat perbedaan material Other than land, there is no material difference
antara nilai wajar aset dan nilai tercatatnya. between the fair value of the asset and its carrying
value.
Nilai tanah Bank berdasarkan model biaya pada The Bank's land value based on the cost model as
tanggal 31 Desember 2025 dan 2024 adalah at 31 December 2025 and 2024 is Rp1,872,173 and
masing-masing sebesar Rp1.872.173 dan Rp1,872,145.
Rp1.872.145.
Manajemen berpendapat bahwa tidak terdapat Management believes that there are no indicators of
indikator penurunan nilai aset tetap selain tanah impairment of fixed assets other than land as at
pada tanggal 31 Desember 2025 dan 2024. 31 December 2025 and 2024.
Bangun, Guna dan Serah Build, Operate and Transfer
Pada tanggal 28 April 2023, Bank dan PT PP On 28 April 2023, the Bank and PT PP (Persero)
(Persero) Tbk (“PT PP”) telah menandatangani Tbk (“PT PP”) entered into an agreement in
perjanjian sehubungan dengan Bangun, Guna dan connection with the Build, Operate and Transfer
Serah (“BOT”) atas tanah dan bangunan yang (“BOT”) of land and building located at Medan
berlokasi di Jalan Medan Merdeka Selatan No. 17 Merdeka Selatan Street No. 17 Jakarta. The Bank
Jakarta. Bank memberikan hak eksklusif kepada PT granted exclusive rights to PT PP to utilize the land,
PP untuk memanfaatkan lahan, melakukan to demolish the existing building and construct a
pembongkaran gedung eksisting dan melakukan new building. The Bank commits to rent the building
pembangunan gedung baru. Bank berkomitmen for 30 years and at the end of the lease period, PT
untuk menyewa gedung baru selama 30 tahun dan PP will hand over the ownership rights of the land
pada akhir masa sewa, PT PP akan menyerahkan and the building to the Bank.
penguasaan lahan dan hak pengelolaan gedung
kepada Bank.
Berdasarkan perjanjian BOT, Bank berhak In accordance with the BOT agreement, the Bank is
menerima kompensasi atas penghancuran gedung eligible to receive compensation for the demolition
lama dari PT PP sebesar Rp241.080 yang akan of the old building from PT PP amounting to
dibayarkan secara bertahap oleh PT PP selama 5 Rp241,080 which will be paid in stages by PT PP
tahun. Kompensasi ini mengikat PT PP, tidak dapat over 5 years. This compensation is binding to
dibatalkan dan tidak dapat dikembalikan dalam PT PP, non-cancellable and non-refundable under
keadaan apapun termasuk apabila Bank mengakhiri any circumstances including if the Bank terminates
kontrak secara sepihak. Berdasarkan syarat-syarat the contract unilaterally. Considering the terms in
dalam perjanjian, manajemen membuat the agreement, the management makes significant
pertimbangan signifikan bahwa kompensasi judgment that the compensation is accounted for as
dianggap sebagai transaksi terpisah dengan a separate transaction to the rental agreement of the
perjanjian sewa gedung baru meskipun kedua unsur new building even though the two elements are in
tersebut berada dalam satu kontrak yang sama, the same contract, between the same parties and at
antara pihak yang sama dan dalam waktu yang the same time. The Bank recognised the
bersamaan. Bank mengakui kompensasi yang compensation received as other income
diterima sebagai pendapatan lain-lain bersamaan corresponding with the recognition of loss from
dengan pengakuan kerugian atas pembongkaran demolition of old building amounting to Rp241,080
gedung lama sebesar Rp241.080 untuk tahun yang for the year ended 31 December 2023.
berakhir 31 Desember 2023.
78
Page 740
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
14. ASET TETAP, ASET HAK GUNA DAN ASET 14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
TIDAK BERWUJUD - BERSIH (lanjutan) INTANGIBLE ASSETS - NET (continued)
Bangun, Guna dan Serah (lanjutan) Build, Operate and Transfer (continued)
Sampai dengan 31 Desember 2025, Bank telah As at 31 December 2025, the Bank had received
menerima pembayaran sebesar Rp144.648 (2024: payment of Rp144,648 (2024: Rp96,432) and
Rp96.432) dan sisanya dicatat sebagai piutang dari recorded the remaining as receivables from PT PP
PT PP pada aset lain-lain sebesar Rp96.432 (2024: amounting in other assets to Rp96,432 (2024:
Rp144.648). Rp144,648).
Revaluasi aset tetap Revaluation of fixed assets
Penilaian kembali atas aset tetap dilakukan The revaluation of fixed assets are performed based
berdasarkan Standar Penilaian Indonesia. Metode on Indonesian Valuation Standards. The valuation
penilaian yang dipakai adalah metode data pasar methods used are market data approach and
dan metode pendapatan. Elemen-elemen yang income approach. Elements used in data
digunakan dalam perbandingan data untuk comparison to determine fair value of assets are
menentukan nilai wajar aset antara lain: among others are as follows:
a) jenis dan hak yang melekat pada properti; a) type and right on property;
b) kondisi pasar; b) market condition;
c) lokasi; c) location;
d) karakteristik fisik; dan d) physical characteristic; and
e) karakteristik tanah. e) land characteristic.
Nilai wajar ditentukan dengan menggunakan Fair value was determined by hierarchy and input
hierarki dan input-input yang digunakan dalam used on technical valuation of non-financial assets:
teknis penilaian untuk aset nonkeuangan:
Level 1: Input yang berasal dari harga Level 1: Input quoted (unadjusted) prices in
kuotasian (tanpa penyesuaian) dalam pasar active market for identical assets;
aktif untuk aset yang identik;
Level 2: Input selain harga kuotasian pasar Level 2: Input other than quoted market price in
dalam level 1 yang dapat diobservasi baik level 1 that are observable either directly or
secara langsung maupun tidak langsung; dan indirectly; and
Level 3: Input yang tidak dapat diobservasi. Level 3: Input that are not observable.
Pengukuran nilai wajar tanah dikategorikan sebagai The fair value measurement for the land is
nilai wajar level 2 berdasarkan input dari teknik categorised as level 2 fair value based on the inputs
penilaian yang digunakan. of the valuation technique used.
Revaluasi aset tetap - ex-legacy PT Bank Fixed asset revaluation - ex-legacy PT Bank
Syariah Mandiri (”BSM”) Syariah Mandiri (“BSM”)
Berdasarkan surat PT Bank Mandiri (Persero) Tbk Based on the letter of PT Bank Mandiri (Persero) Tbk
No. CSC.CRE/508/2020 tertanggal No. CSC.CRE/508/2020 dated 26 August 2020 and
26 Agustus 2020 dan persetujuan OJK melalui approval OJK by the letter No.
surat No. S-159/PB.31/2020 tertanggal S-159/PB.31/2020 dated 9 October 2020, PT Bank
9 Oktober 2020, PT Bank Mandiri (Persero) Tbk Mandiri (Persero) Tbk has obtain additional share by
melakukan penambahan penyertaan modal melalui inbreng Non-movable Fixed Assets (“ATTB”) of
inbreng Aset Tetap Tidak Bergerak (“ATTB”) milik PT Bank Mandiri (Persero) Tbk to PT Bank Syariah
PT Bank Mandiri (Persero) Tbk kepada PT Bank Mandiri amounting Rp152,997 which consists of land
Syariah Mandiri sebesar Rp152.997 yang terdiri amounting Rp127,750 and buildings amounting
dari tanah senilai Rp127.750 dan bangunan senilai Rp25,247 (exclude tax). Revaluation of ATTB with
Rp25.247 (tidak termasuk pajak). Revaluasi atas market value amounting Rp152,997 was performed
ATTB dengan nilai pasar sebesar Rp152.997 by Public Appraisal Service Office (“KJPP”) Rizki
dilakukan oleh Kantor Jasa Penilai Publik (“KJPP”) Djunaedy & Partners, external independent appraisal
Rizki Djunaedy & Rekan, penilai independen registered in OJK, based on their report dated
eksternal yang telah teregistrasi pada OJK, 2 March 2020. Addition of ATTB in 2020 amounting
berdasarkan laporannya tertanggal 2 Maret 2020. to Rp175,876 consists of land amounting to
Penambahan ATTB selama tahun 2020 sejumlah Rp144,527 (include tax amounting Rp16,777) and
Rp175.876 terdiri dari tanah senilai Rp144.527 building amounting to Rp31,349 (include tax
(termasuk pajak sejumlah Rp16.777) dan amounting to Rp6,102) from inbreng ATTB related to
bangunan senilai Rp31.349 (termasuk pajak senilai additional capital from PT Bank Mandiri (Persero)
Rp6.102) yang berasal dari inbreng ATTB terkait Tbk.
penambahan modal dari PT Bank Mandiri (Persero)
Tbk.
79
Page 741
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
14. ASET TETAP, ASET HAK GUNA DAN ASET 14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
TIDAK BERWUJD - BERSIH (lanjutan) INTANGIBLE ASSETS - NET (continued)
Revaluasi aset tetap - ex-legacy PT Bank Fixed asset revaluation - ex-legacy PT Bank
BRIsyariah Tbk (”BRIS”) BRIsyariah Tbk (“BRIS”)
Pada tanggal 31 Januari 2021, ex-legacy BRIS On 31 January 2021, the ex-legacy BRIS made a
melakukan penyesuaian kebijakan revaluasi aset policy adjustment of asset revaluation to be in line
tetap sesuai ketentuan dengan BSI atas pencatatan with BSI’s policy for recording of land from cost
tanah dari sebelumnya menggunakan model biaya model to revaluation model. In total in 2021, the
menjadi menggunakan model revaluasi. Secara increases in the carrying amount of land revaluation
total pada tahun 2021, kenaikan nilai tercatat yang are recorded as “Other Comprehensive Income”
timbul dari revaluasi tanah dicatat sebagai amounting to Rp80,276 and the decrease of carrying
“Pendapatan Komprehensif Lain” adalah sebesar amount from revaluation is recorded as expenses in
Rp80.276 dan penurunan nilai tercatat yang timbul 2021 amounting to Rp12,892. The valuations of land
dari revaluasi dicatat sebagai beban pada tahun was performed by KJPP Nanang Rahayu, Sigit
2021 adalah sebesar Rp12.892. Penilaian atas Paryanto dan Rekan, an external independent
tanah dilakukan oleh independen eksternal yaitu appraisal.
KJPP Nanang Rahayu, Sigit Paryanto dan Rekan.
Revaluasi aset tetap - ex-legacy PT Bank BNI Fixed asset revaluation - ex-legacy PT Bank BNI
Syariah (”BNIS”) Syariah (“BNIS”)
Pada tanggal 31 Januari 2021, ex-legacy BNIS On 31 January 2021, ex-legacy BNIS made a policy
melakukan penyesuaian kebijakan dengan BSI adjustment to be in line with BSI’s policy for recording
atas pencatatan bangunan dari sebelumnya of building from revaluation model to cost model. In
menggunakan model revaluasi menjadi this regard, the Bank reversed the revaluation of the
menggunakan model biaya. Atas hal ini, Bank building which had previously been recorded in
melakukan pembalikan atas penilaian kembali “Other Comprehensive Income” amounting to
bangunan yang sebelumnya sudah dicatat di Rp9,361.
“Penghasilan Komprehensif Lain” sebesar
Rp9.361.
Revaluasi atas tanah - PT Bank Syariah Revaluation on land - PT Bank Syariah Indonesia
Indonesia Tbk Tbk
Revaluasi atas tanah dengan nilai tercatat pada saat Revaluation on land with carrying amount on
revaluasi sebesar Rp67.617, dilakukan oleh KJPP revaluation amounting to Rp67,617, performed by
Abdullah Fitriantoro & Rekan, penilai independen KJPP Abdullah Fitriantoro & Rekan, an external
eksternal yang telah teregistrasi pada OJK, dalam independent appraisal registered on OJK, on their
laporannya tertanggal 25 November 2021. Selisih report dated 25 November 2021. Difference on land
lebih nilai revaluasi tanah tahun 2021 sebesar revaluation in 2021 amounting to Rp113,596 was
Rp113.596 dicatat sebagai “Surplus Revaluasi Aset recorded as “Surplus on Revaluation of Fixed Asset”
Tetap” dan disajikan pada pendapatan and expressed on other comprehensive income.
komprehensif lain. Penurunan nilai tercatat yang Impairment of carrying value from revaluation on
timbul dari revaluasi tanah sebesar Rp45.979 diakui land amounting to Rp45,979 was recognised in the
dalam laba rugi tahun 2021 sebagai beban usaha profit or loss of the year 2021 as other operating
lainnya. expense.
80
Page 742
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
14. ASET TETAP, ASET HAK GUNA DAN ASET 14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
TIDAK BERWUJD - BERSIH (lanjutan) INTANGIBLE ASSETS - NET (continued)
Revaluasi atas tanah pada tahun 2024 Revaluation on land in 2024
Revaluasi atas tanah pada 31 Desember 2024 Revaluation on land as at 31 December 2024 was
dilakukan oleh KJPP Dino Farid & Rekan serta performed by KJPP Dino Farid & Rekan and KJPP
KJPP Muttaqin Bambang Purwanto Rozak Uswatun Muttaqin Bambang Purwanto Rozak Uswatun
(“MBPRU”) & Rekan, penilai independen eksternal (“MBPRU”) & Rekan, external independent
yang telah teregistrasi pada OJK, dalam laporannya appraisals registered on OJK, on their report dated
tertanggal 30 Juli 2024 dan 30 July 2024 and 1 August 2024. Difference on land
1 Agustus 2024. Selisih lebih nilai revaluasi tanah revaluation in 2024 amounting to Rp116,525 and
tahun 2024 sebesar Rp116.525 dan pembalikan reversal of impairment from prior period amounting
penurunan nilai dari periode sebelumnya sebesar to Rp7,615 were recorded as “Gain on Revaluation
Rp7.615 dicatat sebagai “Keuntungan Revaluasi of Fixed Assets” and presented in other
Aset Tetap” dan disajikan pada pendapatan comprehensive income. Impairment of carrying
komprehensif lain. Penurunan nilai tercatat yang value from revaluation on land amounting to
timbul dari revaluasi tanah sebesar Rp2.475 diakui Rp2,475 was recognised in the profit or loss of the
dalam laba rugi tahun 2024 sebagai beban usaha year 2024 as other operating expense.
lainnya.
Perubahan cadangan revaluasi aset bersih setelah The movements in the asset revaluation reserve net
pajak adalah sebagai berikut: of tax are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Saldo awal tahun 553,440 444,530 Beginning year balance
Kenaikan nilai tanah - 108,910 Gain on land value
Saldo akhir tahun 553,440 553,440 Ending year balance
Aset hak guna Right-of-use assets
31 Desember/December 2025
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Ending
balance Additions Deductions balance
Nilai perolehan Acquisition cost
Bangunan kantor 1,354,285 2,976,300 (312,481) 4,018,104 Office buildings
Kendaraan bermotor Vehicles and
dan sistem teknologi 18,449 - (18,449) - technology system
1,372,734 2,976,300 (330,930) 4,018,104
Akumulasi penyusutan Accumulated depreciation
Bangunan kantor (696,707) (379,842) 312,481 (764,068) Office buildings
Kendaraan bermotor Vehicles and
dan sistem teknologi (18,449) - 18,449 - technology system
(715,156) (379,842) 330,930 (764,068)
Nilai buku 657,578 3,254,036 Book value
31 Desember/December 2024
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Ending
balance Additions Deductions balance
Nilai perolehan Acquisition cost
Bangunan kantor 1,205,107 438,502 (289,324) 1,354,285 Office buildings
Kendaraan bermotor Vehicles and
dan sistem teknologi 132,876 - (114,427) 18,449 technology system
1,337,983 438,502 (403,751) 1,372,734
Akumulasi penyusutan Accumulated depreciation
Bangunan kantor (665,027) (321,004) 289,324 (696,707) Office buildings
Kendaraan bermotor Vehicles and
dan sistem teknologi (110,115) (22,761) 114,427 (18,449) technology system
(775,142) (343,765) 403,751 (715,156)
Nilai buku 562,841 657,578 Book value
81
Page 743
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
14. ASET TETAP, ASET HAK GUNA DAN ASET 14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
TIDAK BERWUJD - BERSIH (lanjutan) INTANGIBLE ASSETS - NET (continued)
Bank mengakui aset hak guna dan liabilitas sewa The Bank recognises the right-of-use assets and
untuk semua sewa dengan kontrak jangka waktu lease liabilities for all leases with time contracts,
tertentu, dibayar bulanan atau periodik. Terdapat payable monthly or periodically. There are
pengecualian untuk sewa dengan jangka waktu exceptions to the lease with a short term, which is
pendek, yaitu kurang dari atau sama dengan less or equal to 12 months and there is no call option
12 bulan serta tidak ada opsi beli dan opsi and extention option, and has a low value underlying
perpanjangan, dan memiliki aset pendasar bernilai asset, which is less than or equal to Rp70,000,000
rendah, yaitu lebih kecil atau sama dengan (seventy million Rupiah) in full amount.
Rp70.000.000 (tujuh puluh juta Rupiah) dalam nilai
penuh.
Per 31 Desember 2025, termasuk dalam aset hak As of 31 December 2025, included in the right-of-
guna adalah perjanjian sewa menyewa antara Bank use assets is lease agreement between the Bank
dan PT PP (Persero) Tbk (“PT PP”) and PT PP (Persero) Tbk (”PT PP”) (see Note 49).
(lihat Catatan 49).
Laporan laba rugi dan penghasilan komprehensif Statements of profit or loss and other
lain menyajikan saldo berikut berkaitan dengan comprehensive income shows the following
sewa: amounts related to lease:
31 Desember/ 31 Desember/
December 2025 December 2024
Beban penyusutan Depreciation expense of
aset hak guna (Catatan 39): right of use assets (Note 39):
Bangunan kantor 379,842 321,004 Office buildings
Kendaraan bermotor dan
sistem teknologi - 22,761 Vehicle and technology system
379,842 343,765
Beban sewa (Catatan 39): Rent expenses (Note 39):
Beban bunga: Interest expenses:
Bangunan kantor 18,107 15,574 Office buildings
Kendaraan bermotor dan Vehicle and
sistem teknologi - 349 technology system
18,107 15,923
Beban berkaitan dengan sewa Expenses related to short term
jangka pendek (kurang dari atau leases (less than or equal
sama dengan 12 bulan) 550,155 354,593 to 12 months)
Beban berkaitan dengan sewa atas Expenses related to leases
aset yang bernilai rendah yang of low value assets that are not
bukan sewa jangka pendek 38,732 22,556 short term leases
606,994 393,072
Jumlah 986,836 736,837 Total
Aset tidak berwujud Intangible assets
31 Desember/December 2025
Saldo awal/ Penambahan/ Reklasifikasi/ Saldo akhir/
Beginning balance Addition Reclassification Ending balance
Nilai perolehan Acquisition cost
Perangkat lunak 1,665,223 230,039 853,089 2,748,351 Software
Aset dalam penyelesaian 1,221,383 522,890 (853,089) 891,184 Construction in progress
2,886,606 752,929 - 3,639,535
Akumulasi amortisasi Accumulated amortisation
Perangkat lunak (784,262) (419,181) - (1,203,443) Software
Nilai buku 2,102,344 2,436,092 Book value
82
Page 744
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
14. ASET TETAP, ASET HAK GUNA DAN ASET 14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
TIDAK BERWUJD - BERSIH (lanjutan) INTANGIBLE ASSETS - NET (continued)
Aset tidak berwujud (lanjutan) Intangible assets (continued)
31 Desember/December 2024
Saldo awal/ Penambahan/ Reklasifikasi/ Saldo akhir/
Beginning balance Addition Reclassification Ending balance
Nilai perolehan Acquisition cost
Perangkat lunak 1,279,219 84,176 301,828 1,665,223 Software
Aset dalam penyelesaian 462,420 1,060,791 (301,828) 1,221,383 Construction in progress
1,741,639 1,144,967 - 2,886,606
Akumulasi amortisasi Accumulated amortisation
Perangkat lunak (613,305) (170,957) - (784,262) Software
Nilai buku 1,128,334 2,102,344 Book value
Estimasi persentase tingkat penyelesaian aset The estimated percentage of completion of
dalam penyelesaian pada tanggal construction in progress as at 31 December 2025
31 Desember 2025 dan 2024 adalah berkisar antara and 2024 is between 4.78% - 99.26% and 4.19% -
4,78% - 99,26% dan 4,19% - 98,24%. Aset dalam 98.24%. Those assets in progress as at
penyelesaian pada tanggal 31 Desember 2025 31 December 2025 are estimated to be completed
tersebut diperkirakan akan selesai pada tahun 2026 in 2026 until 2027.
sampai dengan 2027.
Jumlah beban amortisasi aset tidak berwujud yang Total amortisation expenses of intangible assets
dibebankan pada laporan laba rugi dan penghasilan charged in the statements of profit or loss and other
komprehensif lain adalah masing-masing sebesar comprehensive income is amounting to Rp419,181
Rp419.181 dan Rp170.957 pada tanggal and Rp170,957 as at 31 December 2025 and 2024,
31 Desember 2025 dan 2024 (Catatan 39). respectively (Note 39).
15. ASET LAIN-LAIN - BERSIH 15. OTHER ASSETS - NET
Aset lain-lain terdiri dari: Other assets consist of:
31 Desember/ 31 Desember/
December 2025 December 2024
Beban dibayar dimuka 2,415,695 1,975,414 Prepaid expense
Tagihan SKBDN kepada nasabah 1,774,147 362,851 SKBDN receivables to customers
Pendapatan surat berharga Income receivables
yang akan diterima 809,541 979,776 from securities
Agunan yang diambil alih 655,554 711,370 Foreclosed collaterals
Pendapatan pembiayaan yang akan Income receivables
diterima 477,357 290,984 from financing
Tagihan ATM 314,977 198,877 ATM receivables
Persediaan emas 123,963 6,001 Gold inventory
Tagihan kepada pihak ketiga 96,432 144,648 Receivables from third party
Setoran jaminan 92,151 53,064 Guarantee deposit
Persediaan alat tulis kantor dan materai 45,694 65,419 Office supplies and stamps
Lainnya 1,429,328 398,854 Others
8,234,839 5,187,258
Cadangan kerugian penurunan nilai (817,210) (959,155) Allowance for impairment losses
Bersih 7,417,629 4,228,103 Net
83
Page 745
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
15. ASET LAIN-LAIN - BERSIH (lanjutan) 15. OTHER ASSETS - NET (continued)
Lainnya antara lain properti terbengkalai, biaya yang Others are abandoned property, deferred fees, as
ditangguhkan, serta berbagai macam tagihan, well as various bills, such as Bank Indonesia Fast
antara lain tagihan Bank Indonesia Fast Payment Payment (“BI Fast”) bills, bills for Quick Response
(“BI Fast”), tagihan atas transaksi Quick Response Code Indonesian Standard (“QRIS”) transactions,
Code Indonesian Standard (“QRIS”), tagihan Kartu Hasanah Card bills, clearing transactions and
Hasanah, transaksi kliring dan lebih bayar pajak overpayment of income tax art 21.
penghasilan pasal 21.
Manajemen berpendapat bahwa jumlah cadangan Management believes that allowance for impairment
kerugian penurunan nilai aset lain-lain yang losses on other assets is adequate.
dibentuk telah memadai.
Mutasi agunan yang diambil alih pada tanggal Movement of the foreclosed collaterals as at
31 Desember 2025 dan 2024 diungkapkan pada of 31 December 2025 and 2024 are disclosed in
Catatan 54k. Note 54k.
16. LIABILITAS SEGERA 16. OBLIGATIONS DUE IMMEDIATELY
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Liabilitas pihak ketiga 315,294 145,857 Liabilities to third parties
Zakat Bank 250,293 232,061 Zakat of the Bank
Titipan tagihan pembayaran 71,633 42,310 Remittance of bills payment
Titipan dana nasabah 37,265 57,800 Remittance of customer funds
Liabilitas ATM Jalin 29,709 130,950 Liabilities to ATM Jalin
Liabilitas ATM Bersama 19,968 30,809 Liabilities to ATM Bersama
Liabilitas ATM Prima 18,867 24,587 Liabilities to ATM Prima
Zakat pegawai, nasabah dan Zakat of employees, customers
umum 3,398 3,621 and public
Titipan ATM 2,680 3,396 ATM remittance
Titipan lainnya 178,645 174,434 Other remittances
927,752 845,825
Pihak berelasi (Catatan 45) Related parties (Note 45)
Liabilitas pihak ketiga 9,601 11,156 Liabilities to third parties
Titipan ATM - 1,662 ATM remittance
9,601 12,818
937,353 858,643
Liabilitas pihak ketiga merupakan liabilitas atas Liabilities to third parties represent liabilities arising
transaksi QRIS, liabilitas BI Fast, jasa pembayaran, from QRIS transactions, liabilities to BI Fast,
dan kewajiban dalam rangka sekuritisasi. payment services, and liabilities related to
securitisation.
Liabilitas ATM Jalin, ATM Prima dan ATM Bersama, Liabilities to ATM Jalin, ATM Prima and ATM
merupakan liabilitas yang timbul karena Bersama represent liabilities arising from using the
penggunaan jaringan ATM Bank oleh nasabah bank Bank’s network of ATM by customers of using ATM
lain yang menjadi anggota dari jaringan ATM Jalin, Jalin network, ATM Prima and ATM Bersama.
jaringan ATM Prima dan jaringan ATM Bersama.
Titipan lainnya merupakan titipan direct terhadap Other remittances are direct remittances to the
mitra Bank dan lainnya. Titipan dana nasabah Bank's partners and others. Remittance of customer
merupakan titipan bagi hasil deposito jatuh tempo funds are remittances of time deposits profit sharing
dan lainnya. and others.
Zakat pegawai, nasabah, dan umum merupakan Zakat of employees, customers and publics are
zakat yang dibayarkan secara individu melalui zakat paid individually through the Bank's
platform E-Channel Bank dan akan disalurkan ke E-Channel platform and will be distributed to zakat
lembaga pengelola zakat. management institutions.
84
Page 746
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
17. BAGI HASIL YANG BELUM DIBAGIKAN 17. UNDISTRIBUTED REVENUE SHARING
Akun ini merupakan bagi hasil yang belum dibagikan This account represents the undistributed share of
oleh Bank kepada nasabah (shahibul maal) atas the customers (shahibul maal) on income generated
bagian keuntungan hasil usaha Bank yang telah by the Bank from managing mudharabah funds.
disisihkan dari pengelolaan dana mudharabah.
Bagi hasil yang belum dibagikan Bank pada tanggal The Bank’s undistributed profit sharing as at
31 Desember 2025 dan 2024 adalah sebagai 31 December 2025 and 2024, are as follows:
berikut:
31 Desember/ 31 Desember/
December 2025 December 2024
Bukan Bank Non-Bank
Rupiah Rupiah
Deposito 208,376 222,038 Time deposits
Giro 23,127 41,388 Demand deposits
Sukuk mudharabah berkelanjutan 8,233 8,384 Sustainability sukuk mudharabah
Sukuk mudharabah subordinasi 1,317 1,317 Subordinated sukuk mudharabah
241,053 273,127
Mata uang asing Foreign currencies
Deposito 17,386 9,236 Time deposits
Giro 2 2 Demand deposits
17,388 9,238
258,441 282,365
Bank Indonesia Bank Indonesia
Rupiah Rupiah
PaSBI - 6,395 PaSBI
Bank Bank
Rupiah Rupiah
Deposito 74 79 Time deposits
Pembiayaan berjangka mudharabah - 2,739 Mudharabah term financing
74 2,818
258,515 291,578
18. GIRO WADIAH 18. WADIAH DEMAND DEPOSITS
Giro wadiah terdiri dari: Wadiah demand deposits consist of:
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah 23,389,959 15,113,900 Rupiah
Dolar Amerika Serikat 1,259,532 1,064,416 United States Dollar
Riyal Arab Saudi 112,376 37,287 Saudi Arabian Riyal
Euro Eropa 97,786 17,505 European Euro
Dolar Singapura 20,171 27,126 Singapore Dollar
Chinese Yuan 20 - Chinese Yuan
Dolar Australia 11 - Australian Dollar
24,879,855 16,260,234
85
Page 747
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
18. GIRO WADIAH (lanjutan) 18. WADIAH DEMAND DEPOSITS (continued)
Giro wadiah terdiri dari: (lanjutan) Wadiah demand deposits consist of: (continued)
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah 2,888,365 2,847,492 Rupiah
Dolar Amerika Serikat 17,099 12,213 United States Dollar
Riyal Arab Saudi 4,834 27,140 Saudi Arabian Riyal
Euro Eropa 290 - European Euro
Chinese Yuan 31 Saudi Arabian Riyal
2,910,619 2,886,845
27,790,474 19,147,079
Giro wadiah merupakan giro wadiah Wadiah demand deposits represent wadiah
yad-dhamanah yaitu titipan dana pihak ketiga yang yad-dhamanah in which the third parties funds are
dapat diberikan bonus berdasarkan kebijakan Bank. entitled to receive bonuses in accordance with the
Bank’s policy.
Kisaran bonus giro wadiah yang diberikan nasabah The range rate from wadiah demand deposits given
adalah sebagai berikut: by customers are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah 0.18% - 0.24% 0.02% - 0.04% Rupiah
Mata uang asing 0.00% 0.00% Foreign currencies
19. TABUNGAN WADIAH 19. WADIAH SAVINGS DEPOSITS
Tabungan wadiah terdiri dari: Wadiah savings deposits consist of:
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah 62,015,960 54,045,084 Rupiah
Dolar Amerika Serikat 1,271,811 1,221,082 United States Dollar
Euro Eropa 3,385 - European Euro
Dolar Singapura 1,351 - Singapore Dollar
Riyal Arab Saudi 1,144 - Saudi Arabian Riyal
63,293,651 55,266,166
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah 16,159 11,364 Rupiah
Dolar Amerika Serikat 1,294 2,537 United States Dollar
Dolar Singapura 13 - Singapore Dollar
Riyal Arab Saudi 4 - Saudi Arabian Riyal
17,470 13,901
63,311,121 55,280,067
Kisaran bonus tabungan wadiah yang diberikan The range rate of bonus from wadiah savings
nasabah adalah sebagai berikut: deposits given by customers are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah 0.46% - 0.49% 0.00% Rupiah
Dolar Amerika Serikat 0.00% 0.00% United States Dollar
86
Page 748
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
20. SIMPANAN DARI BANK LAIN 20. DEPOSITS FROM OTHER BANKS
a. Berdasarkan jenis dan mata uang a. By type and currency
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Sertifikat Pengelolaan Dana
Berdasarkan Prinsip Syariah Sharia Compliant Interbank Fund
Antarbank ("SIPA") 2,693,886 600,834 Management Certificate ("SIPA")
Giro wadiah 86,935 174,143 Wadiah demand deposits
Tabungan wadiah 17,704 8,985 Wadiah savings deposits
2,798,525 783,962
Mata uang asing Foreign currencies
Giro wadiah 1,153 736 Wadiah demand deposits
2,799,678 784,698
b. Berdasarkan hubungan b. By relationship
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah Rupiah
Sertifikat Pengelolaan Dana
Berdasarkan Prinsip Syariah Sharia Compliant Interbank Fund
Antarbank ("SIPA") 2,693,886 400,000 Management Certificate ("SIPA")
Giro wadiah 85,760 172,774 Wadiah demand deposits
Tabungan wadiah 17,704 8,985 Wadiah savings deposits
2,797,350 581,759
Mata uang asing Foreign currencies
Giro wadiah 1,153 736 Wadiah demand deposits
2,798,503 582,495
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah Rupiah
Giro wadiah 1,175 1,369 Wadiah demand deposits
Sertifikat Pengelolaan Dana
Berdasarkan Prinsip Syariah Sharia Compliant Interbank Fund
Antarbank ("SIPA") - 200,834 Management Certificate ("SIPA")
1,175 202,203
2,799,678 784,698
Kisaran bonus giro wadiah yang diberikan The range rate from wadiah demand deposits
nasabah adalah sebagai berikut: given by customers are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah 0.69% - 0.72%% 0.70% - 0.73% Rupiah
Mata uang asing 0.00% 0.00% Foreign currencies
87
Page 749
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
21. LIABILITAS KEPADA BANK INDONESIA 21. LIABILITIES TO BANK INDONESIA
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah - 18,417,864 Rupiah
Liabilitas kepada Bank Indonesia berisi instrumen Liabilities to Bank Indonesia containing Liquidity
Pengelolaan Likuiditas berdasarkan Prinsip Syariah Management based on Bank Indonesia Sharia
Bank Indonesia ("PaSBl") yang merupakan fasilitas Principles ("PaSBl") instrument, which is a funding
penyediaan dana dari Bank Indonesia untuk facility from Bank Indonesia for managing the Bank's
pengelolaan likuiditas Bank dengan agunan berupa liquidity with collateral in the form of securities that
surat berharga yang memenuhi prinsip syariah. comply with sharia principles.
Pada tanggal 31 Desember 2024, Bank As of 31 December 2024, the Bank obtained PaSBI
mendapatkan fasilitas PaSBI sebesar Rp18.417.864 facilities amounting to Rp18,417,864 with collateral
dengan nilai nominal agunan sebesar Rp19.800.000 nominal value amounting to Rp19,800,000 and
dan persentase bagi hasil yang dibayar oleh Bank profit-sharing rate payable by the Bank of 6.25% per
sebesar 6,25% per tahun. annum.
Pada tanggal 31 Desember 2025, Bank tidak As of 31 December 2025, the Bank has no balance
memiliki saldo atas fasilitas PaSBI tersebut. on the PaSBI facilities.
Fasilitas PaSBI pada periode Januari hingga Juni PaSBI facility on January to June 2025 has been
2025 telah jatuh tempo paling lambat pada Juli 2025. matured at the latest on July 2025, Bank has not
Bank tidak mengajukan lagi fasilitas PaSBI kepada apply any PaSBI facility to Bank Indonesia resulting
Bank Indonesia, sehingga saldo fasilitas PaSBI per to Nil balance as of 31 December 2025.
31 Desember 2025 adalah Nihil.
Bank telah melakukan pembayaran bagi hasil The Bank has paid the profit sharing on schedule as
sesuai dengan jatuh tempo yang telah ditetapkan. stated in the issuance agreement.
Bagi hasil atas PaSBI untuk tahun yang berakhir The profit sharing for PaSBI facilities for the year
pada tanggal 31 Desember 2025 dan ended 31 December 2025 and 31 December 2024
31 Desember 2024 masing-masing sebesar are Rp199,843 and Rp368,533, respectively
Rp199.843 dan Rp368.533 (Catatan 36). (Note 36).
22. PERPAJAKAN 22. TAXATION
a. Utang pajak a. Taxes payable
Rincian utang pajak adalah sebagai berikut: The details of taxes payable are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Utang pajak penghasilan Income tax payables
Pasal 29 220,597 674,835 Article 29
Utang pajak lainnya Other tax payables
Pasal 4 (2) 103,662 101,799 Article 4 (2)
Pasal 21 11,220 2,342 Article 21
Pasal 22 4,009 7,252 Article 22
Pasal 23 11,384 11,605 Article 23
Pasal 26 558 7,091 Article 26
PPN dan PPh lainnya 87,983 84,718 VAT and other income taxes
218,816 214,807
439,413 889,642
b. Beban pajak b. Tax expense
31 Desember/ 31 Desember/
December 2025 December 2024
Beban pajak kini 2,117,123 2,436,340 Current tax expense
(Manfaat)/beban pajak tangguhan 76,766 (391,833) Deferred tax (benefit)/expense
2,193,889 2,044,507
88
Page 750
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
22. PERPAJAKAN (lanjutan) 22. TAXATION (continued)
b. Beban pajak (lanjutan) b. Tax expense (continued)
Rekonsiliasi antara laba sebelum pajak Reconciliation between income before income
penghasilan pada laporan laba rugi dan tax as stated in the statements of profit or loss
penghasilan komprehensif lain dan perhitungan and other comprehensive income and income
penghasilan pajak adalah sebagai berikut: tax calculation are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Laba sebelum pajak penghasilan 9,761,412 9,050,395 Income before tax
Beda temporer Temporary differences
Cadangan kerugian penurunan nilai Allowance for impairment losses
atas aset keuangan on financial assets and
dan aset produktif 225,337 2,105,668 earning assets
Penyisihan kerugian atas aset Provision for impairment losses
nonproduktif (99,157) (46,041) on non-earning assets
Estimasi kerugian atas Estimated losses on commitments
komitmen dan kontinjensi 2,138 (7,972) and contingencies
Cadangan kerugian Provision for impairment
risiko operasional (5,489) (18,284) losses on operational risk
Penyisihan liabilitas imbalan kerja 50,203 3,595 Provision for employee benefit liabilities
Cadangan bonus, tantiem dan Provision for bonus, tantiem and
beban tenaga kerja (167,517) (99,946) personnel expenses
Lain-lain (354,453) (155,958) Others
Jumlah beda temporer (348,938) 1,781,062 Total temporary differences
Beda tetap Permanent differences
Representasi 114,499 80,176 Representation
Revaluasi aset tetap - 2,475 Fixed assets revaluation
Keanggotaan nonasosiasi 1,484 2,724 Non-association membership
Biaya lainnya 94,828 157,443 Others
Total beda tetap 210,811 242,818 Total permanent differences
Total koreksi fiskal (138,127) 2,023,880 Total fiscal corrections
Penghasilan kena pajak 9,623,285 11,074,275 Taxable income
Beban pajak penghasilan badan 2,117,123 2,436,340 Corporate income tax expense
Pajak dibayar dimuka - pasal 25 (1,896,295) (1,760,822) Prepaid tax - article 25
Pajak yang dipotong Tax withheld by
pihak lain - pasal 22 (231) (683) other parties - article 22
Utang pajak penghasilan Income tax payable
- pasal 29 220,597 674,835 - article 29
Rekonsiliasi atas beban pajak penghasilan The reconciliation of income tax expense by
dengan perkalian laba sebelum pajak multiplying income before income tax to the
penghasilan dan tarif pajak yang berlaku adalah applicable tax rate are as follows:
sebagai berikut:
31 Desember/ 31 Desember/
December 2025 December 2024
Laba sebelum pajak penghasilan 9,761,412 9,050,395 Income before tax
Beban pajak penghasilan yang
dihitung dari laba sebelum Income tax expense
pajak penghasilan 2,147,511 1,991,087 calculated from income before tax
Pengaruh pajak atas beda tetap 46,378 53,420 Tax impact of permanent differences
Beban pajak 2,193,889 2,044,507 Tax expense
89
Page 751
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
22. PERPAJAKAN (lanjutan) 22. TAXATION (continued)
c. Aset pajak tangguhan c. Deferred tax assets
31 Desember/December 2025
Dikreditkan/ (Dibebankan)/
(dibebankan) dikreditkan ke
ke laba rugi/ penghasilan
Credited/ komprehensif
Saldo awal/ (charged) to lain/(Charged)/ Saldo akhir/
Beginning statements of credited to Ending
balance profit or loss OCI balance
Cadangan kerugian penurunan nilai Allowance for impairment losses on
atas aset keuangan dan aset produktif 1,519,080 49,574 - 1,568,654 financial assets and earning assets
Penyisihan kerugian atas aset Provision for impairment losses on
nonproduktif 203,126 (21,814) - 181,312 non-earning assets
Estimasi kerugian atas Estimated losses on commitments
komitmen dan kontinjensi 5,290 470 - 5,760 and contingencies
Cadangan kerugian Provision for impairment losses on
risiko operasional 9,525 (1,207) - 8,318 operational risks
Penyisihan liabilitas imbalan kerja 117,640 11,045 (1,492) 127,193 Provision employee benefit liabilities
Cadangan bonus, tantiem dan Provision for bonus, tantiem and
beban tenaga kerja 229,751 (36,854) - 192,897 personnel expenses
Depresiasi aset tetap (55,689) (50,618) - (106,307) Depreciation of fixed assets
Aset hak guna (40,284) (557,492) - (597,776) Right-of-use assets
Liabilitas sewa 39,886 556,766 - 596,652 Lease liabilities
Lainnya 28,402 (26,636) (103,143) (101,377) Others
2,056,727 (76,766) (104,635) 1,875,326
31 Desember/December 2024
Dikreditkan/ (Dibebankan)/
(dibebankan) dikreditkan ke
ke laba rugi/ penghasilan
Credited/ komprehensif
Saldo awal/ (charged) to lain/(Charged)/ Saldo akhir/
Beginning statements of credited to Ending
balance profit or loss OCI balance
Cadangan kerugian penurunan nilai Allowance for impairment losses on
atas aset keuangan dan aset produktif 1,055,833 463,247 - 1,519,080 financial assets and earning assets
Penyisihan kerugian atas aset Provision for impairment losses on
nonproduktif 213,255 (10,129) - 203,126 non-earning assets
Estimasi kerugian atas Estimated losses on commitments
komitmen dan kontinjensi 7,044 (1,754) - 5,290 and contingencies
Cadangan kerugian Provision for impairment losses on
risiko operasional 13,549 (4,024) - 9,525 operational risks
Penyisihan liabilitas imbalan kerja 146,797 791 (29,948) 117,640 Provision employee benefit liabilities
Cadangan bonus, tantiem dan Provision for bonus, tantiem and
beban tenaga kerja 251,739 (21,988) - 229,751 personnel expenses
Depresiasi aset tetap (26,357) (29,332) - (55,689) Depreciation of fixed assets
Aset hak guna 31,682 (71,966) - (40,284) Right-of-use assets
Liabilitas sewa (27,102) 66,988 - 39,886 Lease liabilities
Lainnya (746) - 29,148 28,402 Others
1,665,694 391,833 (800) 2,056,727
Manajemen berpendapat bahwa kemungkinan Management believes that it is most likely that
besar jumlah laba fiskal pada masa mendatang future taxable income will be available against
memadai untuk mengkompensasi perbedaan the temporary differences which create
temporer yang menimbulkan aset pajak deferred tax assets.
tangguhan tersebut.
d. Surat ketetapan pajak d. Tax assessment letters
Pemeriksaan masa pajak Januari 2021 - ex- Assessment for fiscal year 2021 - BSI (ex-
legacy BRIS dan tahun pajak 2021 - BSI legacy BRIS)
Pada bulan Juli 2022, Bank menerima Surat In July 2022, the Bank received an Inspection
Perintah Pemeriksaan atas Masa Pajak Order for the Fiscal Year 31 January 2021
31 Januari 2021 untuk PT Bank Syariah addressed to PT Bank Syariah Indonesia Tbk
Indonesia Tbk (ex-legacy BRIS) dan Tahun (ex-legacy BRIS) and for the Fiscal Year 2021
Pajak 2021 untuk PT Bank Syariah Indonesia addressed to PT Bank Syariah Indonesia Tbk.
Tbk. Pada tanggal 3 Desember 2024, Bank On 3 December 2024, the Bank received an
telah menerima Surat Ketetapan Pajak Kurang Underpayment Tax Assesment (SKPKB)
Bayar (SKPKB) dimana disampaikan bahwa stating that the Bank had a tax underpayment
Bank memiliki Pajak kurang bayar sebesar of Rp18,153, primarily for Corporate Income
Rp18.153 terutama atas PPh Badan sebesar Tax amounting to Rp6,383 and Value Added
Rp6.383 dan Pajak Pertambahan Nilai (PPN) Tax (VAT) amounting to Rp7,624. The Bank will
sebesar Rp7.624. Bank tidak akan mengajukan not file an objection and on 24 December 2024
keberatan dan pada tanggal 24 Desember 2024 has paid the tax underpayment of Rp18,153.
telah melakukan pembayaran atas Pajak
kurang bayar tersebut sebesar Rp18.153.
90
Page 752
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
22. PERPAJAKAN (lanjutan) 22. TAXATION (continued)
d. Surat ketetapan pajak (lanjutan) d. Tax assessment letters (continued)
Pemeriksaan tahun pajak 2020 - BSI (ex- Assessment for fiscal year 2020 - BSI (ex-
legacy BRIS) legacy BRIS)
Pada bulan April 2024, Bank menerima Surat In April 2024, the Bank received an Inspection
Perintah Pemeriksaan atas Tahun Pajak 2020 Order for the Fiscal Year 2020 addressed to PT
untuk PT Bank Syariah Indonesia Tbk (ex- Bank Syariah Indonesia Tbk (ex-legacy BRIS).
legacy BRIS). Pada tanggal 25 Juni 2025, Bank On 25 June 2025, the Bank received an
telah menerima Surat Ketetapan Pajak Kurang Underpayment Tax Assesment (SKPKB)
Bayar (SKPKB) dimana disampaikan bahwa stating that the Bank had a tax underpayment
Bank memiliki Pajak kurang bayar sebesar of Rp9,742, primarily for Corporate Income Tax
Rp9.742 terutama atas PPh Badan dan Pajak and Value Added Tax (VAT). The Bank will not
Pertambahan Nilai (PPN). Bank tidak akan file an objection and on 11 July 2025 has paid
mengajukan keberatan dan pada tanggal the tax underpayment of Rp9,742.
11 Juli 2025 telah melakukan pembayaran atas
Pajak kurang bayar tersebut sebesar Rp9.742.
e. Informasi lain e. Other information
Penerapan Peraturan Menteri Keuangan Implementation of the Minister of Finance
Republik Indonesia (“PMK”) No. 74 Tahun Regulation (“PMK”) No. 74 Year 2024
2024
Pada tanggal 18 Oktober 2024, Menteri On 18 October 2024, the Minister of Finance of
Keuangan Republik Indonesia menerbitkan the Republic of Indonesia issued Minister of
Peraturan Menteri Keuangan Republik Finance Regulation (“PMK”) No. 74 Year 2024
Indonesia (“PMK”) No. 74 Tahun 2024 tentang concerning the Establishment of Provisions for
Pembentukan Cadangan Piutang Tak Tertagih Uncollectible Receivables that can be
yang Boleh Dikurangkan dari Penghasilan Deducted from Gross Income. This regulation
Bruto. Peraturan ini menggantikan PMK No. replaces PMK No. 81/PMK.03/2009 regarding
81/PMK.03/2009 tentang Pembentukan atau the Formation or Accumulation of Reserve
Pemupukan Dana Cadangan yang Boleh Funds That Can Be Deducted as Expenses, as
Dikurangkan sebagai Biaya sebagaimana telah amended by PMK No. 219/PMK.011/2012.
diubah dengan PMK No. 219/PMK.011/2012. This change impacts the increase in deferred
Perubahan ini berdampak pada penambahan tax assets and the addition of the Bank's
nilai aset pajak tangguhan dan penambahan corporate tax liabilities for the Fiscal Year 2024.
hutang pajak badan Bank untuk Tahun Pajak
2024.
Dampak Penerapan Pilar 2 Organization for The impact of Pillar 2 of Organization for
Economic Co-operation and Development Economic Co-operation and Development
(”OECD”) (”OECD”)
Berdasarkan Peraturan Menteri Keuangan Based on the Regulation of the Minister of
Republik Indonesia Nomor 136 Tahun 2024 Finance of the Republic of Indonesia Number
("PMK-136") tentang Pengenaan Pajak 136 Year 2024 ("PMK-136") concerning the
Minimum Global Berdasarkan Kesepakatan Imposition of Global Minimum Tax Based on
Internasional, ketentuan pengenaan pajak International Agreements, the provisions for the
minimum global akan mulai berlaku di imposition of global minimum tax will come into
Indonesia, yurisdiksi di mana Bank didirikan, force in Indonesia, the jurisdiction where the
pada tanggal 1 Januari 2025. PMK-136 dihitung Bank is incorporated, on 1 January 2025.
untuk periode fiskal tahunan yang berakhir di PMK-136 is calculated for the annual fiscal
31 Desember 2025, berdasarkan penilaian period ending on 31 December 2025, based on
yang telah dilakukan menyeluruh secara Grup the assessment that has been carried out
Bank Mandiri, Bank diestimasikan tidak comprehensively as a Bank Mandiri Group, the
memiliki tambahan pajak penghasilan Pilar Bank is not expected to have Pillar Two income
Dua. taxes exposure.
91
Page 753
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
23. LIABILITAS LAIN-LAIN 23. OTHER LIABILITIES
31 Desember/ 31 Desember/
December 2025 December 2024
Pendapatan diterima dimuka 3,394,464 3,722,200 Deferred income
Liabilitas sewa 2,712,052 181,296 Lease liabilities
Cadangan bonus dan tantiem 833,731 870,500 Provision of bonus and tantiem
Biaya notaris 330,953 339,583 Notary fees
Beban yang masih harus dibayar 263,789 232,316 Accrued expenses
Cadangan THR dan Provision of THR and other
kepegawaian lainnya 43,072 173,854 employee expenses
Setoran jaminan 16,810 18,141 Guarantee deposits
Dana kebajikan 16,708 4,876 Qardhul hasan funds
Pendapatan administrasi Deferred financing
pembiayaan ditangguhkan 2,958 3,537 administration income
Lainnya 480,702 321,527 Others
8,095,239 5,867,830
Pendapatan diterima dimuka terdiri dari ujrah Deferred income consists of ujrah received in
diterima dimuka atas transaksi bancassurance (lihat advance for bancassurance (see Note 49), supply
Catatan 49), supply chain financing, buyer chain chain financing transactions, buyer chain financing,
financing, ijarah atas aset, dan ijarah multijasa. ijarah on assets, and multi-services ijarah.
Per 31 Desember 2025, termasuk dalam liabilitas As of 31 December 2025, included in the lease
sewa adalah perjanjian sewa menyewa antara Bank liabilities is lease agreement between Bank and PT
dan PT PP (Persero) Tbk (“PT PP”) PP (Persero) Tbk (”PT PP”) (see Note 49).
(lihat Catatan 49).
Beban yang masih harus dibayar terdiri dari Accrued expenses consist of reserves on network,
cadangan yang dibentuk untuk jaringan, ATM maintenance fees and OJK’s contribution.
pemeliharaan ATM dan iuran OJK.
Dana kebajikan terdiri dari dana sosial yang berasal Qardhul hasan funds consists of social funds
dari denda/penalti, transaksi yang tidak sesuai originating from fines/penalties, transactions that
dengan prinsip syariah serta infaq dan shadaqah are not in accordance with sharia principles and
yang berasal dari E-Channel. Infaq dan shadaqah infaq and shadaqah originating from E-Channel.
adalah harta yang diberikan secara sukarela oleh Infaq and shadaqah are assets that are given
pemiliknya, baik yang peruntukannya dibatasi voluntarily by the owners, whether the use is limited
(ditentukan) maupun tidak dibatasi. (determined) or not.
Lainnya terdiri dari rekening penampungan Others consist of escrow account for financing
angsuran pembiayaan, kewajiban kepada pihak installment, liabilities to third parties, administrative
ketiga, rekening administrasi, perantara hasil kliring accounts, clearance intermediaries and others.
dan lainnya.
24. GIRO MUDHARABAH 24. MUDHARABAH DEMAND DEPOSITS
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga - Bukan Bank Third parties - Non-Bank
Rupiah 17,581,920 14,048,692 Rupiah
Dolar Amerika Serikat 3,263,273 3,309,434 United States Dollar
Riyal Arab Saudi 3,825,835 16,504 Saudi Arabian Riyal
Dollar Singapura 81,720 - Singapore Dollar
24,752,748 17,374,630
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah 9,527,562 10,444,013 Rupiah
Dolar Amerika Serikat 9,756,952 9,369,876 United States Dollar
19,284,514 19,813,889
Pihak ketiga - Bank Third parties - Bank
Rupiah 52,358 47,282 Rupiah
44,089,620 37,235,801
Giro mudharabah merupakan investasi dana Mudharabah demand deposits is a current accounts
nasabah yang penarikannya dapat dilakukan sesuai product in which investor’s fund can be withdrawn
kesepakatan dengan menggunakan cek dan sarana by check and other payment instruction method.
perintah pembayaran lainnya.
92
Page 754
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
24. GIRO MUDHARABAH (lanjutan) 24. MUDHARABAH DEMAND DEPOSITS (continued)
Kisaran tingkat bagi hasil untuk giro mudharabah per The range rate of profit sharing for mudharabah
tahun adalah sebagai berikut: demand deposits per annum are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah 3.10% - 3.42% 2.28% - 3.37% Rupiah
Dolar Amerika Serikat 2.22% - 2.43% 0.18% - 5.25% United States Dollar
25. TABUNGAN MUDHARABAH 25. MUDHARABAH SAVINGS DEPOSITS
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga - Bukan Bank Third parties - Non-Bank
Rupiah 97,548,310 84,255,566 Rupiah
Dolar Amerika Serikat 660,056 622,815 United States Dollar
98,208,366 84,878,381
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah 1,106,275 374,864 Rupiah
Dolar Amerika Serikat 1,898 904 United States Dollar
1,108,173 375,768
Pihak ketiga - Bank Third parties - Bank
Rupiah 616,794 536,509 Rupiah
99,933,333 85,790,658
Tabungan mudharabah merupakan simpanan dana Mudharabah savings deposits represent deposits
pihak ketiga yang mendapatkan imbalan bagi hasil from third parties who are entitled to receive a share
dari pendapatan Bank atas penggunaan dana in the revenue derived by the Bank from the use of
tersebut dengan nisbah yang ditetapkan dan such funds based on a predetermined nisbah.
disetujui sebelumnya.
Kisaran tingkat bagi hasil untuk tabungan The range rate of profit sharing for mudharabah
mudharabah per tahun adalah sebagai berikut: savings deposits per annum are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah 1.29% - 1.61% 0.51% - 0.70% Rupiah
Dolar Amerika Serikat 0.17% - 0.18% 0.22% - 0.23% United States Dollar
26. DEPOSITO MUDHARABAH 26. MUDHARABAH TIME DEPOSITS
a. Berdasarkan mata uang a. By currency
31 Desember/ 31 Desember/
December 2025 December 2024
Bukan Bank Non-Bank
Pihak ketiga Third parties
Rupiah 87,280,379 86,394,238 Rupiah
Dolar Amerika Serikat 11,590,396 6,066,433 United States Dollar
Riyal Arab Saudi 93,839 1,212 Saudi Arabian Riyal
98,964,614 92,461,883
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah 45,437,841 36,862,143 Rupiah
Dolar Amerika Serikat 1,630,451 1,260,326 United States Dollar
47,068,292 38,122,469
Bank Bank
Pihak ketiga Third parties
Rupiah 84,730 94,515 Rupiah
146,117,636 130,678,867
93
Page 755
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
26. DEPOSITO MUDHARABAH (lanjutan) 26. MUDHARABAH TIME DEPOSITS (continued)
b. Berdasarkan jangka waktu b. By period
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
1 bulan 69,404,547 64,708,025 1 month
3 bulan 40,164,482 32,460,138 3 months
6 bulan 17,984,289 19,050,780 6 months
12 bulan 5,249,632 7,131,953 12 months
132,802,950 123,350,896
Dolar Amerika Serikat United States Dollar
1 bulan 12,191,580 6,099,471 1 month
3 bulan 293,749 675,420 3 months
6 bulan 137,425 143,673 6 months
12 bulan 598,093 408,195 12 months
13,220,847 7,326,759
Riyal Arab Saudi Saudi Arabian Riyal
1 bulan 93,839 1,212 1 month
146,117,636 130,678,867
c. Berdasarkan sisa umur jatuh tempo c. By remaining period to maturity
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
≤ 1 bulan 76,595,824 72,806,931 ≤ 1 month
> 1 - ≤ 3 bulan 47,867,797 30,168,394 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 8,339,329 20,375,571 > 3 - ≤ 12 months
132,802,950 123,350,896
Dolar Amerika Serikat United States Dollar
≤ 1 bulan 12,300,828 6,446,277 ≤ 1 month
> 1 - ≤ 3 bulan 317,972 466,066 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 602,047 414,416 > 3 - ≤ 12 months
13,220,847 7,326,759
Riyal Arab Saudi Saudi Arabian Riyal
≤ 1 bulan 93,839 1,212 ≤ 1 month
146,117,636 130,678,867
d. Deposito mudharabah yang dijadikan jaminan d. Mudharabah time deposits that are used as
atas piutang dan pembiayaan yang diberikan collateral for the Bank’s receivables and
oleh Bank berjumlah Rp1.960.875 dan financing amounted to Rp1,960,875 and
Rp1.575.029, masing-masing pada tanggal 31 Rp1,575,029, as at 31 December 2025 and
Desember 2025 dan 2024. 2024, respectively.
e. Deposito mudharabah merupakan investasi e. Mudharabah time deposits represent third
pihak lain yang mendapatkan imbalan bagi hasil parties’ investments which are entitled to receive
dari pendapatan Bank atas penggunaan dana a share in the income derived by the Bank from
tersebut dengan nisbah yang ditetapkan dan the use of such funds based on a predetermined
disetujui sebelumnya. and previously approved nisbah.
f. Kisaran tingkat bagi hasil untuk deposito f. The range rate of profit sharing for mudharabah
mudharabah per tahun adalah sebagai berikut: time deposits per annum are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah 2.38% - 3.48% 2.41% - 2.59% Rupiah
Dolar Amerika Serikat 0.22% - 2.04% 0.21% - 0.23% United States Dollar
94
Page 756
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
27. SERTIFIKAT INVESTASI MUDHARABAH 27. INTERBANK MUDHARABAH INVESTMENT
ANTARBANK (“SIMA”) CERTIFICATE (“SIMA”)
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah 2,095,000 2,240,000 Rupiah
Mata uang asing - 241,425 Foreign currencies
2,095,000 2,481,425
Pihak berelasi (Catatan 45) Related parties (Note 45)
Rupiah 550,000 - Rupiah
Mata uang asing - 885,225 Foreign currencies
550,000 885,225
2,645,000 3,366,650
Kisaran tingkat bagi hasil untuk sertifikat investasi The range rate of profit sharing for interbank
mudharabah antarbank adalah sebagai berikut: mudharabah investment certificate are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah 4.20% - 6.00% 5.90% - 6.57% Rupiah
Mata uang asing 4.30% - 4.60% 4.60% - 4.80% Foreign currencies
28. SUKUK MUDHARABAH DITERBITKAN 28. ISSUED MUDHARABAH SUKUK
Sukuk mudharabah diterbitkan terdiri dari: Issued mudharabah sukuk consist of:
31 Desember/ 31 Desember/
December 2025 December 2024
Sukuk mudharabah muqayyadah 24,901 18,563 Sukuk mudharabah muqayyadah
Sukuk keberlanjutan 6,300,000 3,000,000 Sustainability sukuk
6,324,901 3,018,563
Sukuk Mudharabah Muqayyadah Sukuk Mudharabah Muqayyadah
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Pihak Ketiga 24,901 18,563 Third Parties
Pada tanggal 26 Juni 2023, Bank telah menerbitkan On 26 June 2023, the Bank issued Long Term
Sukuk Mudharabah Muqayyadah Jangka Panjang Mudharabah Muqayyadah Sukuk Conducted
yang Dilakukan Tanpa Melalui Penawaran Umum I Without Public Offering I PT Bank BSI Tbk Year
PT Bank BSI Tbk Tahun 2023 Tahap I (“Sukuk 2023 Phase I ("Sukuk Mudharabah Muqayyadah I
Mudharabah Muqayyadah I Tahap I”) dengan nilai Phase I") with a nominal value of Rp3,759. On 26
nominal sebesar Rp3.759. Pada tanggal 26 Maret March 2024, the Bank re-issued the Long-Term
2024, Bank menerbitkan kembali Sukuk Mudharabah Muqayyadah Sukuk Conducted
Mudharabah Muqayyadah Jangka Panjang yang Without Public Offering I PT Bank BSI Tbk Year
Dilakukan Tanpa Melalui Penawaran Umum I PT 2024 Phase II ("Sukuk Mudharabah Muqayyadah I
Bank BSI Tbk Tahun 2024 Tahap II (“Sukuk Phase II") with a nominal value of Rp7,762. On 20
Mudharabah Muqayyadah I Tahap II”) dengan nilai December 2024, the Bank re-issued the Long-Term
nominal sebesar Rp7.762. Pada tanggal 20 Mudharabah Muqayyadah Sukuk Conducted
Desember 2024, Bank menerbitkan kembali Sukuk Without Public Offering I PT Bank BSI Tbk Year
Mudharabah Muqayyadah Jangka Panjang yang 2024 Phase III ("Sukuk Mudharabah Muqayyadah I
Dilakukan Tanpa Melalui Penawaran Umum I PT Phase III") with a nominal value of Rp7,969.
Bank BSI Tbk Tahun 2024 Tahap III (“Sukuk
Mudharabah Muqayyadah I Tahap III”) dengan nilai
nominal sebesar Rp7.969.
Pada tanggal 20 Juni 2025, Bank menerbitkan On 20 June 2025, the Bank reissued the Long-Term
kembali Sukuk Mudharabah Muqayyadah Jangka Restricted Mudharabah Sukuk Without Public
Panjang yang Dilakukan Tanpa Melalui Penawaran Offering I PT Bank BSI Tbk Year 2025 Phase IV
Umum I PT Bank BSI Tbk Tahun 2025 Tahap IV (“Sukuk Mudharabah Muqayyadah I Phase IV”) with
("Sukuk Mudharabah Muqayyadah I Tahap IV") a nominal value of Rp8,260.
dengan nominal sebesar Rp8.260.
95
Page 757
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
28. SUKUK MUDHARABAH DITERBITKAN (lanjutan) 28. ISSUED MUDHARABAH SUKUK (continued)
Sukuk Mudharabah Muqayyadah Sukuk Mudharabah Muqayyadah
Total plafon penerbitan Sukuk Mudharabah The total ceiling for Muqayyadah Mudharabah
Muqayyadah adalah sebesar Rp100.000. Besarnya Sukuk issuance is Rp100,000. The respective
nisbah masing-masing adalah sebesar 36,34%, nisbah are 36.34%, 19.75%, 19.84%, and 20.32%,
19,75%, 19,84%, dan 20,32% yang diindikasikan which is indicated at 0.55% per year. Sukuk funds
sebesar 0,55% per tahun. Dana sukuk dan bagi hasil and profit sharing are paid every 3 (three) months
dibayarkan setiap 3 (tiga) bulan dan masing-masing and will mature on 26 December 2035, 26 June
akan jatuh tempo pada tanggal 26 Desember 2035, 2036, 20 December 2036 and 20 March 2038,
26 Juni 2036, 20 Desember 2036 dan respectively.
20 Maret 2038.
Penerbitan sukuk tersebut dilakukan dalam rangka The issuance of the sukuk was carried out in the
kerja sama antara Bank dengan BP Tapera selaku context of cooperation between the Bank and BP
investor tunggal dimana BSI ditunjuk sebagai Bank Tapera as the sole investor where BSI was
Penyalur KPR Tapera Syariah kepada peserta BP appointed as the Bank that distributes Tapera
Tapera. Skema kerja sama tersebut diatur pada Syariah KPR to BP Tapera participants. This
Undang-Undang No. 4 Tahun 2016 dan Peraturan cooperation scheme is regulated in Law No. 4 Year
Pemerintah No. 25 Tahun 2020 perihal 2016 and Government Regulation No. 25 Year 2020
penyelenggaraan tabungan perumahan rakyat. concerning the implementation of public housing
savings.
Bank telah melakukan pembayaran bagi hasil The Bank has paid the profit sharing on schedule as
sesuai dengan jatuh tempo yang telah ditetapkan stated in the issuance agreement.
dalam perjanjian penerbitan.
Bagi hasil atas sukuk mudharabah muqayyadah The profit sharing for sukuk mudharabah
untuk tahun yang berakhir pada tanggal muqayyadah for the year ended periode ended
31 Desember 2025 dan 2024 masing-masing ended 31 December 2025 and 2024 are Rp128 and
sebesar Rp128 dan Rp55 (Catatan 36). Rp55, respectively (Note 36).
Sukuk Keberlanjutan Sustainability Sukuk
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Pihak ketiga 5,092,500 2,634,500 Third parties
Pihak berelasi (Catatan 45) 1,207,500 365,500 Related parties (Note 45)
6,300,000 3,000,000
Pada tanggal 7 Juni 2024, Bank mendapatkan surat On 7 June 2024, the Bank received an effective
pernyataan efektif pendaftaran PT Bank Syariah registration statement letter of PT Bank Syariah
Indonesia Tbk atas Penawaran Umum Indonesia Tbk for the Continuous Public Offering of
Berkelanjutan Sukuk Mudharabah Berlandaskan Continuous Sustainability Sukuk Mudharabah I
Keberlanjutan Berkelanjutan I Bank BSI Tahun 2024 Bank BSI Year 2024 from OJK No. S.64/D.04/2024.
dari OJK No. S.64/D.04/2024.
96
Page 758
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
28. SUKUK MUDHARABAH DITERBITKAN (lanjutan) 28. ISSUED MUDHARABAH SUKUK (continued)
Sukuk Keberlanjutan (lanjutan) Sustainability Sukuk (continued)
Sesuai dengan Akta Perjanjian Perwaliamanatan In accordance with the Deed of Trust Agreement for
Sukuk Mudharabah Berlandaskan Keberlanjutan the Continuous Sustainability Sukuk Mudharabah I,
Berkelanjutan I, sebelum dilunasinya semua Jumlah prior to the settlement of all Obligations or other
Kewajiban atau pengeluaran lain yang menjadi expenditures that are the responsibility of the Bank
tanggung jawab Bank sehubungan dengan in connection with the issuance of the Sukuk, the
penerbitan Sukuk, Bank berjanji dan mengikat diri Bank promises and binds itself not to: (i) reduce its
untuk tidak: (i) mengurangi modal dasar dan modal authorized capital and paid-up capital, unless such
disetor kecuali jika pengurangan tersebut dilakukan reduction is carried out at the request/order of the
atas dasar permintaan/perintah dari Pemerintah Government of the Republic of Indonesia and/or the
Republik Indonesia dan/atau otoritas yang relevant authorities (including but not limited to the
berwenang (termasuk tetapi tidak terbatas pada Financial Services Authority, the Minister of Finance
Otoritas Jasa keuangan, Menteri keuangan Negara of the Republic of Indonesia, and/or monetary or
Republik Indonesia, dan/atau otoritas moneter banking supervisory authorities) in accordance with
maupun otoritas penyehatan di bidang perbankan) the applicable regulations in the Republic of
sesuai dengan ketentuan yang berlaku di Negara Indonesia; (ii) file for bankruptcy or submit a request
Republik Indonesia; (ii) mengajukan permohonan for Suspension of Debt Payment Obligations
pailit atau permohonan Penundaan Kewajiban ("PKPU") against itself; (iii) enter into any form of
Pembayaran Utang/Kewajiban ("PKPU") terhadap cooperation, profit-sharing, or similar agreements
Bank sendiri; (iii) mengadakan segala bentuk kerja outside the Bank’s ordinary course of business, or
sama, bagi hasil atau perjanjian serupa lainnya di enter into management agreements or other similar
luar kegiatan usaha sehari-hari Bank atau agreements that result in the Bank’s entire
mengadakan perjanjian manajemen atau perjanjian operations being taken over by another party and
serupa lainnya Bank yang mengakibatkan seluruh materially negatively impact the Bank’s ability to
kegiatan/operasi Bank diambil alih oleh pihak lain fulfill its obligations under the Mudharabah Sukuk
dan berdampak negatif secara material terhadap Trust Agreement.
kemampuan Bank untuk memenuhi kewajibannya
berdasarkan Perjanjian Perwaliamanatan Sukuk
Mudharabah ini.
Pada tanggal 19 Juni 2024 Sukuk Mudharabah On 19 June 2024, Continuous Sustainability Sukuk
Berlandaskan Keberlanjutan Berkelanjutan Tahap I Mudharabah Phase I issued through a public
yang diterbitkan melalui penawaran umum telah offering was listed on the Indonesia Stock Exchange
tecatat di Bursa Efek Indonesia (BEI). Sukuk (IDX). The Continuous Sustainability Sukuk
Mudharabah Berlandaskan Keberlanjutan Mudharabah I Bank BSI Phase I Year 2024 was
Berkelanjutan I Bank BSI Tahap I Tahun 2024 ini issued without script, except for the Sukuk
diterbitkan tanpa warkat, kecuali Sertifikat Jumbo Mudharabah Jumbo Certificate which was issued to
Sukuk Mudharabah yang diterbitkan untuk be registered in the name of KSEI as proof of
didaftarkan atas nama KSEI sebagai bukti ownership for the benefit of the sukuk mudharabah
kepemilikan untuk kepentingan pemegang sukuk holders. The Continuous Sustainability Sukuk
mudharabah. Sukuk Mudharabah Berlandaskan Mudharabah I Bank BSI Phase I Year 2024 was
Keberlanjutan Berkelanjutan I Bank BSI Tahap I issued with a rating of idAAA(sy) (Triple A Sharia).
Tahun 2024 diterbitkan dengan peringkat idAAA(sy)
(Triple A Sharia).
Jumlah dana Sukuk Mudharabah Berlandaskan The amount of Continuous Sustainability Sukuk
Keberlanjutan Berkelanjutan I Bank BSI Tahap I Mudharabah I Bank BSI Phase I Year 2024 is
Tahun 2024 sebesar Rp3.000.000, yang terdiri dari: Rp3,000,000, consisting of:
- Sukuk Mudharabah Seri A dengan jumlah dana - Series A Sukuk Mudharabah with total
sukuk mudharabah sebesar Rp1.700.000 mudharabah sukuk funds of Rp1,700,000 with
dengan jangka waktu 370 hari kalender sejak a term of 370 calendar days from the issuance
tanggal emisi dan sudah jatuh tempo pada date and matured on June 24, 2025.
tanggal 24 Juni 2025. Dengan demikian, pada Accordingly, as of the date this report was
saat laporan ini disusun per 31 Desember 2025, prepared on December 31, 2025, the Series A
Sukuk Mudharabah Seri A tersebut telah Sukuk Mudharabah had fully matured;
sepenuhnya jatuh tempo;
- Sukuk Mudharabah Seri B dengan jumlah dana - Series B Sukuk Mudharabah with total
sukuk mudharabah sebesar Rp220.000 dengan mudharabah sukuk funds of Rp220,000 with a
jangka waktu 2 (dua) tahun sejak tanggal emisi term of 2 (two) years from the issuance date
dan akan jatuh tempo pada tanggal 14 Juni and will mature on 14 June 2026; and
2026; dan
- Sukuk Mudharabah Seri C dengan jumlah dana - Series C Sukuk Mudharabah with total sukuk
sukuk mudharabah sebesar Rp1.080.000 mudharabah funds amounting to Rp1,080,000
dengan jangka waktu 3 (tiga) tahun sejak with a term of 3 (three) years from the issuance
tanggal emisi dan akan jatuh tempo pada date and will mature on 14 June 2027.
tanggal 14 Juni 2027.
97
Page 759
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
28. SUKUK MUDHARABAH DITERBITKAN (lanjutan) 28. ISSUED MUDHARABAH SUKUK (continued)
Sukuk Keberlanjutan (lanjutan) Sustainability Sukuk (continued)
Nisbah dan pendapatan bagi hasil Sukuk Nisbah and profit sharing income from Continuous
Mudharabah Berlandaskan Keberlanjutan Sustainability Sukuk Mudharabah I Bank BSI Phase
Berkelanjutan I Bank BSI Tahap I Tahun 2024 I Year 2024 is grouped into:
dikelompokkan menjadi:
- Sukuk Mudharabah Seri A: pendapatan bagi - Mudharabah Sukuk Series A: mudharabah
hasil sukuk mudharabah yang dihitung sukuk profit sharing income which is calculated
berdasarkan perkalian antara nisbah bagi hasil, based on the multiplication of the profit sharing
dimana besarnya nisbah pemegang sukuk nisbah, where the value of the sukuk holder's
adalah sebesar 74,72% dan nisbah Bank nisbah is 74.72% and the Bank's ratio is 25.28%
adalah sebesar 25,28% dari pendapatan yang of the shared income with a profit sharing
dibagihasilkan dengan bagi hasil sebesar equivalent of 6.65% per year;
ekuivalen 6,65% per tahun;
- Sukuk Mudharabah Seri B: pendapatan bagi - Series B Mudharabah Sukuk: mudharabah
hasil sukuk mudharabah yang dihitung sukuk profit sharing income which is calculated
berdasarkan perkalian antara nisbah bagi hasil, based on the multiplication of the profit sharing
dimana besarnya nisbah pemegang sukuk nisbah, where the sukuk holder’s nisbah is
adalah sebesar 75,29% dan nisbah Bank 75.29% and the Bank's nisbah is 24.71% of
adalah sebesar 24,71% dari pendapatan yang shared income with a profit sharing equivalent
dibagihasilkan dengan bagi hasil sebesar to 6.70% per year; and
ekuivalen 6,70% per tahun; dan
- Sukuk Mudharabah Seri C: pendapatan bagi - Series C Mudharabah Sukuk: mudharabah
hasil sukuk mudharabah yang dihitung sukuk profit sharing income which is calculated
berdasarkan perkalian antara nisbah bagi hasil, based on the multiplication of the profit sharing
dimana besarnya nisbah pemegang sukuk ratio, where the sukuk holder nisbah is 76.41%
adalah sebesar 76,41% dan nisbah Bank and the Bank's nisbah is 23.59% of shared
adalah sebesar 23,59% dari pendapatan yang income with a profit sharing equivalent of 6.80%
dibagihasilkan dengan bagi hasil sebesar per year.
ekuivalen 6,80% per tahun.
Pendapatan Bagi Hasil dibayarkan triwulan, sesuai Revenue Sharing Income is paid quarterly, in
dengan tanggal pembayaran Pendapatan Bagi Hasil accordance with the payment date of the Sukuk
Sukuk Mudharabah. Pembayaran Pendapatan Bagi Mudharabah Revenue Sharing Income. The first
Hasil Sukuk Mudharabah pertama dilakukan pada Sukuk Mudharabah Revenue Sharing Income
tanggal 14 September 2024 sedangkan payment will be made on 14 September 2024, while
pembayaran Pendapatan Bagi Hasil Sukuk the last Sukuk Mudharabah Revenue Sharing
Mudharabah terakhir dilakukan pada tanggal jatuh Income payment will be made on the maturity date
tempo Sukuk Mudharabah masing-masing seri of each Sukuk Mudharabah series, which is on 24
adalah pada tanggal 24 Juni 2025 untuk Sukuk June 2025 for Sukuk Mudharabah Series A, 14 June
Mudharabah Seri A, 14 Juni 2026 untuk Sukuk 2026 for Sukuk Mudharabah Series B, and 14 June
Mudharabah Seri B, dan 14 Juni 2027 untuk Sukuk 2027 for Sukuk Mudharabah Series C.
Mudharabah Seri C.
Dana yang diperoleh dari hasil Penawaran Umum The funds obtained from the Continuous Public
Berkelanjutan Sukuk Mudharabah Berlandaskan Offering of Continuous Sustainability Sukuk
Keberlanjutan Berkelanjutan I Bank BSI Tahap I Mudharabah I Bank BSI Phase I Year 2024, after
Tahun 2024, setelah dikurangi dengan biaya-biaya deducting the issuance cost, will be used by the
emisi terkait, akan digunakan Bank untuk Bank on the disbursement of new financing or
penyaluran pembiayaan baru atau pun pembiayaan existing financing, either directly or indirectly, for
yang sudah ada, baik langsung atau pun tidak activities included in the category of Environmental
langsung, atas kegiatan-kegiatan yang termasuk Based Business Activity (“KUBL”) and Social Based
dalam kategori Kegiatan Usaha Berwawasan Business Activity (“KUBS”) as regulated on POJK
Lingkungan (“KUBL”) dan Kegiatan Usaha No. 18 Year 2023 concerning the Issuance and
Berwawasan Sosial (“KUBS”) sebagaimana diatur Requirements of Sustainability Debt and Sukuk
dalam POJK No. 18 Tahun 2023 tentang Penerbitan Securities, with a minimum portion of 30% and a
dan Persyaratan Efek Bersifat Utang dan Sukuk maximum portion of 50% for KUBL and a minimum
Berlandaskan Keberlanjutan, dengan porsi minimal portion of 50% and a maximum portion of 70% for
sebesar 30% dan maksimal sebesar 50% untuk KUBS.
KUBL serta minimal 50% dan maksimal 70% untuk
KUBS.
98
Page 760
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
28. SUKUK MUDHARABAH DITERBITKAN (lanjutan) 28. ISSUED MUDHARABAH SUKUK (continued)
Sukuk Keberlanjutan (lanjutan) Sustainability Sukuk (continued)
Bertindak sebagai wali amanat Sukuk Mudharabah Acting as trustee of Continuous Sustainability Sukuk
Berlandaskan Keberlanjutan Berkelanjutan I Bank Mudharabah I Bank BSI Phase I Year 2024 is PT
BSI Tahap I Tahun 2024 adalah PT Bank Tabungan Bank Tabungan Negara (Persero) Tbk.
Negara (Persero) Tbk.
Pada tanggal 24 Juni 2025 Sukuk Mudharabah On 24 June 2025, Continuous Sustainability Sukuk
Berlandaskan Keberlanjutan Berkelanjutan I Bank Mudharabah I Bank BSI Phase I Year 2024 Series
BSI Tahap I Tahun 2024 Seri A dengan pokok A with a principal amount of Rp1,700,000 matured
sebesar Rp1.700.000 telah jatuh tempo dan and was settled by the Bank through PT Kustodian
dilunaskan oleh Bank melalui PT Kustodian Sentral Sentral Efek Indonesia. The settlement of the
Efek Indonesia. Pelunasan pokok sukuk telah principal of the sukuk has been paid by the Bank on
dibayarkan sesuai dengan jatuh tempo yang telah schedule in accordance with the issuance
ditetapkan dalam perjanjian penerbitan. agreement.
Pada tanggal 30 Juni 2025 Sukuk Mudharabah On 30 June 2025, Continuous Sustainability Sukuk
Berlandaskan Keberlanjutan Berkelanjutan Tahap II Mudharabah Phase II issued through a public
diterbitkan melalui penawaran umum telah tecatat di offering was listed on the Indonesia Stock Exchange
Bursa Efek Indonesia (BEI). Sukuk Mudharabah (IDX). The Continuous Sustainability Sukuk
Berlandaskan Keberlanjutan Berkelanjutan I Bank Mudharabah I Bank BSI Phase II Year 2025 was
BSI Tahap II Tahun 2025 ini diterbitkan tanpa issued without script, except for the Sukuk
warkat, kecuali Sertifikat Jumbo Sukuk Mudharabah Mudharabah Jumbo Certificate which was issued to
yang diterbitkan untuk didaftarkan atas nama KSEI be registered in the name of KSEI as proof of
sebagai bukti kepemilikan untuk kepentingan ownership for the benefit of the sukuk mudharabah
pemegang sukuk mudharabah. Sukuk Mudharabah holders. The Continuous Sustainability Sukuk
Berlandaskan Keberlanjutan Berkelanjutan I Bank Mudharabah I Bank BSI Phase II Year 2025 was
BSI Tahap II Tahun 2025 diterbitkan dengan issued with a rating of idAAA(sy) (Triple A Sharia).
peringkat idAAA(sy) (Triple A Sharia).
Jumlah dana Sukuk Mudharabah Berlandaskan The amount of Continuous Sustainability Sukuk
Keberlanjutan Berkelanjutan I Bank BSI Tahap II Mudharabah I Bank BSI Phase II Year 2025 is
Tahun 2025 sebesar Rp5.000.000, yang terdiri dari: Rp5,000,000, consisting of:
- Sukuk Mudharabah Seri A dengan jumlah dana - Series A Sukuk Mudharabah with total
sukuk mudharabah sebesar Rp2.445.000 mudharabah sukuk funds of Rp2,445,000 with a
dengan jangka waktu 370 hari kalender sejak term of 370 calendar days from the issuance
tanggal emisi dan akan jatuh tempo pada date and will mature on 6 July 2026;
tanggal 6 Juli 2026;
- Sukuk Mudharabah Seri B dengan jumlah dana - Series B Sukuk Mudharabah with total
sukuk mudharabah sebesar Rp175.000 dengan mudharabah sukuk funds of Rp175,000 with a
jangka waktu 2 (dua) tahun sejak tanggal emisi term of 2 (two) years from the issuance date and
dan akan jatuh tempo pada tanggal 26 Juni will mature on 26 June 2027; and
2027; dan
- Sukuk Mudharabah Seri C dengan jumlah dana - Series C Sukuk Mudharabah with total sukuk
sukuk mudharabah sebesar Rp2.380.000 mudharabah funds amounting to Rp2,380,000
dengan jangka waktu 3 (tiga) tahun sejak with a term of 3 (three) years from the issuance
tanggal emisi dan akan jatuh tempo pada date and will mature on 26 June 2028.
tanggal 26 Juni 2028.
99
Page 761
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
28. SUKUK MUDHARABAH DITERBITKAN (lanjutan) 28. ISSUED MUDHARABAH SUKUK (continued)
Sukuk Keberlanjutan (lanjutan) Sustainability Sukuk (continued)
Nisbah dan pendapatan bagi hasil Sukuk Nisbah and profit sharing income from Continuous
Mudharabah Berlandaskan Keberlanjutan Sustainability Sukuk Mudharabah I Bank BSI Phase
Berkelanjutan I Bank BSI Tahap II Tahun 2025 II Year 2025 is grouped into:
dikelompokkan menjadi:
- Sukuk Mudharabah Seri A: pendapatan bagi - Mudharabah Sukuk Series A: mudharabah
hasil sukuk mudharabah yang dihitung sukuk profit sharing income which is calculated
berdasarkan perkalian antara nisbah bagi hasil, based on the multiplication of the profit sharing
dimana besarnya nisbah pemegang sukuk nisbah, where the value of the sukuk holder's
adalah sebesar 72,47% dari nisbah is 72.47% of the Projected Revenue
Proyeksi Pendapatan Yang Shared of Rp217,610,735,477 (full amount) or
Dibagihasilkan Rp217.610.735.477 (nilai equivalent to 6.45% per year, and the
penuh) atau ekuivalen 6,45% per tahun, dan Company's ratio is 27.53% of the Projected
Nisbah Perseroan adalah sebesar 27,53% dari Revenue Shared of Rp217,610,735,477 (full
Proyeksi Pendapatan Yang Dibagihasilkan amount);
sebesar Rp217.610.735.477 (nilai penuh);
- Sukuk Mudharabah Seri B: pendapatan bagi - Mudharabah Sukuk Series B: mudharabah
hasil sukuk mudharabah yang dihitung sukuk profit sharing income which is calculated
berdasarkan perkalian antara nisbah bagi hasil, based on the multiplication of the profit sharing
dimana besarnya nisbah pemegang sukuk nisbah, where the sukuk holder’s nisbah is
adalah sebesar 73,60% Proyeksi 73.60% of the Projected Distributed Revenue of
Pendapatan Yang Dibagihasilkan Rp15,574,048,914 (full amount) or equivalent to
sebesar Rp15.574.048.914 (nilai penuh) 6.55% per year and the Company's ratio is
atau ekuivalen 6,55% per tahun dan Nisbah 26.40% of the Projected Distributed Revenue of
Perseroan adalah sebesar 26,40% dari Rp15,574,048,914 (full amount); and
Proyeksi Pendapatan yang dibagihasilkan
sebesar Proyeksi Pendapatan Yang
Dibagihasilkan sebesar Rp15.574.048.914
(nilai penuh); dan
- Sukuk Mudharabah Seri C: pendapatan bagi - Mudharabah Sukuk Series C: mudharabah
hasil sukuk mudharabah yang dihitung sukuk profit sharing income which is calculated
berdasarkan perkalian antara nisbah bagi hasil, based on the multiplication of the profit sharing
dimana besarnya nisbah pemegang sukuk ratio, where the sukuk holder nisbah is 74.72%
adalah sebesar 74,72% dari Proyeksi of the Projected Revenue Shares of
Pendapatan yang dibagihasilkan Rp211,817,451,821 (full amount) or equivalent
sebesar Rp211.817.451.821 (nilai penuh) atau to 6.65% per year, and the Company's ratio is
ekuivalen 6,65% per tahun dan Nisbah 25.28% of the Projected Revenue Shares of
Perseroan adalah sebesar 25,28% dari Rp211,817,451,821 (full amount).
Proyeksi Pendapatan Yang Dibagihasilkan
sebesar Rp211.817.451.821 (nilai penuh).
Pendapatan Bagi Hasil dibayarkan triwulan, sesuai Revenue Sharing Income is paid quarterly, in
dengan tanggal pembayaran Pendapatan Bagi Hasil accordance with the payment date of the Sukuk
Sukuk Mudharabah. Pembayaran Pendapatan Bagi Mudharabah Revenue Sharing Income. The first
Hasil Sukuk Mudharabah pertama dilakukan pada Sukuk Mudharabah Revenue Sharing Income
tanggal 26 September 2025 sedangkan payment will be made on 26 September 2025, while
pembayaran Pendapatan Bagi Hasil Sukuk the last Sukuk Mudharabah Revenue Sharing
Mudharabah terakhir dilakukan pada tanggal jatuh Income payment will be made on the maturity date
tempo Sukuk Mudharabah masing-masing seri of each Sukuk Mudharabah series, which is on 6
adalah pada tanggal 6 Juli 2026 untuk Sukuk July 2026 for Sukuk Mudharabah Series A, 26 June
Mudharabah Seri A, 26 Juni 2027 untuk Sukuk 2027 for Sukuk Mudharabah Series B, and 26 June
Mudharabah Seri B, dan 26 Juni 2028 untuk Sukuk 2028 for Sukuk Mudharabah Series C.
Mudharabah Seri C.
100
Page 762
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
28. SUKUK MUDHARABAH DITERBITKAN (lanjutan) 28. ISSUED MUDHARABAH SUKUK (continued)
Sukuk Keberlanjutan (lanjutan) Sustainability Sukuk (continued)
Dana yang diperoleh dari hasil Penawaran Umum The funds obtained from the Continuous Public
Berkelanjutan Sukuk Mudharabah Berlandaskan Offering of Continuous Sustainability Sukuk
Keberlanjutan Berkelanjutan I Bank BSI Tahap II Mudharabah I Bank BSI Phase II Year 2025, after
Tahun 2025, setelah dikurangi dengan biaya-biaya deducting the issuance cost, will be used by the
emisi terkait, akan digunakan Bank untuk Bank on the disbursement of new financing or
penyaluran pembiayaan baru atau pun pembiayaan existing financing, either directly or indirectly, for
yang sudah ada, baik langsung atau pun tidak activities included in the category of Environmental
langsung, atas kegiatan-kegiatan yang termasuk Based Business Activity (“KUBL”) and Social Based
dalam kategori Kegiatan Usaha Berwawasan Business Activity (“KUBS”) as regulated on POJK
Lingkungan (“KUBL”) dan Kegiatan Usaha No. 18 Year 2023 concerning the Issuance and
Berwawasan Sosial (“KUBS”) sebagaimana diatur Requirements of Sustainability Debt and Sukuk
dalam POJK No. 18 Tahun 2023 tentang Penerbitan Securities, with a minimum portion of 30% and a
dan Persyaratan Efek Bersifat Utang dan Sukuk maximum portion of 50% for KUBL and a minimum
Berlandaskan Keberlanjutan, dengan porsi minimal portion of 50% and a maximum portion of 70% for
sebesar 30% dan maksimal sebesar 50% untuk KUBS.
KUBL serta minimal 50% dan maksimal 70% untuk
KUBS.
Bertindak sebagai wali amanat Sukuk Mudharabah Acting as trustee of Continuous Sustainability Sukuk
Berlandaskan Keberlanjutan Berkelanjutan I Bank Mudharabah I Bank BSI Phase II Year 2025 is PT
BSI Tahap II Tahun 2025 adalah PT Bank Tabungan Bank Tabungan Negara (Persero) Tbk.
Negara (Persero) Tbk.
Bank telah melakukan pembayaran bagi hasil The Bank has paid the profit sharing on schedule as
sesuai dengan jatuh tempo yang telah ditetapkan stated in the issuance agreement.
dalam perjanjian penerbitan.
Bagi hasil atas sukuk mudharabah keberlanjutan The profit sharing for continuous sustainability
untuk tahun yang berakhir pada tanggal 31 sukuk for the year ended 31 December 2025 and
Desember 2025 dan 2024 masing-masing sebesar 2024 are Rp311,400 and Rp108,999, respectively
Rp311.400 dan Rp108.999 (Catatan 36). (Note 36).
29. SUKUK MUDHARABAH SUBORDINASI 29. SUBORDINATED SUKUK MUDHARABAH
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Pihak ketiga 145,000 140,000 Third parties
Pihak berelasi (Catatan 45) 55,000 60,000 Related parties (Note 45)
200,000 200,000
Pada tanggal 15 Desember 2023, Bank menerbitkan On 15 December 2023, the Bank issued
Sukuk Mudharabah Subordinasi Tahun 2023 Subordinated Sukuk Mudharabah Year 2023
sebesar Rp200.000 dan akan jatuh tempo pada amounting to Rp200,000 and is due on
tanggal 15 Desember 2028. 15 December 2028.
Selama berlakunya jangka waktu Sukuk During the validity period of the BSI Subordinated
Mudharabah Subordinasi BSI Tahun 2023 dan Sukuk Mudharabah Year 2023 and prior to
sebelum dilunasinya semua dana sukuk dan bagi repayment of all sukuk funds and profit sharing, the
hasil, Bank berkewajiban untuk: (i) menjaga rasio Bank is obliged to: (i) maintain a Capital Adequacy
Capital Adequacy Ratio (“CAR”) tidak kurang dari Ratio (“CAR”) ratio of not less than 12% (twelve
12% (dua belas persen); (ii) memastikan bahwa percent); (ii) ensure that the 2023 Subordinated
Sukuk Mudharabah Subordinasi Tahun 2023 ini Sukuk Mudharabah will not be owned by more than
tidak akan dimiliki oleh lebih dari 49 (empat puluh 49 (fourty nine) investors; (iii) submit to the
sembilan) investor; (iii) menyerahkan kepada agen monitoring agency as follows:
pemantau sebagai berikut:
101
Page 763
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
29. SUKUK MUDHARABAH SUBORDINASI (lanjutan) 29. SUBORDINATED SUKUK MUDHARABAH
(continued)
(a) Salinan dari laporan yang disampaikan kepada (a) A copy of the report submitted to OJK including
OJK termasuk laporan hasil penilaian tingkat the level assessment report the bank's health, no
kesehatan bank, dalam waktu selambat-lambatnya later than 5 (five) working days after the report
5 (lima) hari kerja setelah laporan tersebut handed over to the parties mentioned above. In case
diserahkan kepada pihak yang disebutkan di atas. the Monitoring Agent views necessary, based on the
Dalam hal Agen Pemantau memandang perlu, written request of the Monitoring Agent, the Bank is
berdasarkan permohonan Agen Pemantau secara obliged submit to the Monitoring Agent additional
tertulis, Bank wajib menyampaikan kepada Agen documents relating to the above report (if any) no
Pemantau dokumen-dokumen tambahan yang later than 10 (ten) working days after the date the
berkaitan dengan laporan tersebut di atas (apabila application letter is received by the Bank; (b) Annual
ada) selambat lambatnya 10 (sepuluh) hari kerja financial reports that have been audited by a public
setelah tanggal surat permohonan tersebut diterima accountant registered with the OJK and submitted
oleh Bank; (b) Laporan keuangan tahunan yang to the Monitoring Agent within 5 (five) working days
telah diaudit oleh akuntan publik yang terdaftar di after receiving the application letter from the
OJK dan disampaikan kepada Agen Pemantau Monitoring Agent.
dalam waktu 5 (lima) hari kerja setelah menerima
surat permohonan dari Agen Pemantau.
Seluruh dana hasil penerbitan Sukuk Mudharabah All funds from the issuance of Subordinated Sukuk
Subordinasi Tahun 2023, akan dipergunakan oleh Mudharabah Year 2023 will be used by the Bank for
Bank untuk kegiatan usaha Bank dalam rangka the Bank's business activities in order to strengthen
memperkuat struktur permodalan dengan its capital structure by calculating the proceeds from
memperhitungkan dana hasil penerbitan sebagai the issuance as complementary capital and
modal pelengkap dan meningkatkan aset produktif increasing the Bank’s productive assets.
Bank.
Sukuk Mudharabah Subordinasi Tahun 2023 ini This Subordinated Sukuk Mudharabah Year 2023 is
diterbitkan tanpa warkat, kecuali Sertifikat Jumbo issued without script, except for the Subordinated
Sukuk Mudharabah Subordinasi yang diterbitkan Sukuk Mudharabah Jumbo Certificate which is
atas nama PT Kustodian Sentral Efek Indonesia issued in the name of PT Kustodian Sentral Efek
(“KSEI”) sebagai bukti kepemilikan Efek Syariah Indonesia ("KSEI") as proof of ownership of Sharia
untuk kepentingan Pemegang Sukuk Mudharabah Securities for the benefit of the Subordinated Sukuk
Subordinasi. Sukuk Mudharabah Subordinasi Tahun Mudharabah Holders. The Subordinated Sukuk
2023 diterbitkan dengan peringkat idAA(sy) (Double Mudharabah Year 2023 is issued with idAA(sy)
A Sharia) yang diperoleh dari agen pemeringkat efek (Double A Sharia) rating which was obtained from
PT Pefindo pada tanggal the securities rating agency PT Pefindo on
23 Februari 2024. 23 February 2024.
Pendapatan bagi hasil yang dihitung berdasarkan Profit sharing income is calculated based on the
perkalian antara nisbah bagi hasil Pemegang Sukuk multiplication of the profit sharing nisbah of
Mudharabah Subordinasi, dimana besarnya nisbah Subordinated Sukuk Mudharabah Holders, where
adalah 88,55% dari pendapatan yang dibagihasilkan the ratio is 88.55% of the revenue shared with an
dengan indikasi bagi hasil sebesar ekuivalen 7,90% indication of profit sharing equivalent to 7.90% per
per tahun. Jangka waktu Sukuk Mudharabah year. The term of the Subordinated Sukuk
Subordinasi Tahun 2023 adalah 5 (lima) tahun Mudharabah Year 2023 is 5 (five) years from the
terhitung sejak tanggal penerbitan. Sukuk issuance date. This Subordinated Sukuk
Mudharabah Subordinasi Tahun 2023 ini ditawarkan Mudharabah Year 2023 is offered at a value of
dengan nilai 100% dari jumlah dana Sukuk 100% of the amount of Subordinated Mudharabah
Mudharabah Subordinasi. Pendapatan bagi hasil Sukuk funds. Profit sharing income is paid every
dibayarkan setiap triwulan, sesuai dengan tanggal quarter, according to the payment date of profit
pembayaran pendapatan bagi hasil. sharing income.
Bertindak sebagai wali amanat Sukuk Mudharabah Acting as trustee of the 2023 BSI Subordinated
Subordinasi BSI Tahun 2023 adalah PT Bank Sukuk Mudharabah is PT Bank Negara Indonesia
Negara Indonesia (Persero) Tbk. (Persero) Tbk.
Bank telah melakukan pembayaran bagi hasil The Bank has paid the profit sharing on schedule as
sesuai dengan jatuh tempo yang telah ditetapkan stated in the issuance agreement.
dalam perjanjian penerbitan.
Bagi hasil atas sukuk mudharabah subordinasi The profit sharing for subordinated sukuk
untuk tahun yang berakhir pada tanggal mudharabah for the year ended ended
31 Desember 2025 dan 2024 masing-masing 31 December 2025 and 2024 are Rp15,800 and
sebesar Rp15.800 dan Rp16.459 (Catatan 36). Rp16,459, respectively (Note 36).
102
Page 764
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
30. PEMBIAYAAN BERJANGKA MUDHARABAH 30. MUDHARABAH TERM FINANCING
31 Desember/ 31 Desember/
December 2025 December 2024
Pihak ketiga Third parties
Rupiah - 1,000,000 Rupiah
Per 31 Desember 2024, Bank memiliki fasilitas line As of 31 December 2024, the Bank has a
pembiayaan berjangka mudharabah dengan jumlah mudharabah term financing line facility from PT
maksimum dana yang disediakan sebesar Bank Maybank Indonesia Tbk with a maximum
USD95.000.000 (nilai penuh) dari PT Bank Maybank amount of funds provided of USD95,000,000 (full
Indonesia Tbk dengan jangka waktu fasilitas dari 21 amount) from PT Bank Maybank Indonesia Tbk with
Februari 2024 sampai dengan 21 Februari 2025, a facility term from 21 February 2024 to 21 February
yang penarikannya dapat dilakukan secara 2025, the withdrawal of which can be done in
multicurrency dalam mata uang Rupiah dan Dolar multicurrency, in Rupiah and United States Dollar
Amerika Serikat dan bersifat revolving. currency, and is revolving.
Atas fasilitas tersebut, per 31 Desember 2024, Bank For this facility, as of 31 December 2024, the Bank
memiliki saldo pembiayaan berjangka has a mudharabah term financing balance
mudharabah sebesar Rp1.000.000 dari PT Bank amounting to Rp1,000,000 from PT Bank Maybank
Maybank Indonesia Tbk. Saldo atas fasilitas Indonesia Tbk. This financing facility balance
pembiayaan ini terdiri dari: consists of:
Pembiayaan berjangka mudharabah sebesar Balance of mudharabah term financing
Rp500.000 dengan jangka waktu fasilitas dari amounting to Rp500,000, starting from 13
13 Desember 2024 sampai dengan 13 Januari December 2024 to 13 January 2025 and a profit
2025 dan imbal bagi hasil sebesar ekuivalen sharing rate of equivalent 6.80% per annum.
6,80% per tahun
Pembiayaan berjangka mudharabah sebesar Balance of mudharabah term financing
Rp500.000 dengan jangka waktu fasilitas dari amounting to Rp500,000 starting from 20
20 Desember 2024 sampai dengan 20 Januari December 2024 to 20 January 2025 and a profit
2025 dan imbal bagi hasil sebesar ekuivalen sharing rate of equivalent 6.80% per annum.
6,80% per tahun.
Atas ke dua pembiayaan tersebut, telah dilakukan For both financing, repayment has been made
pelunasan sesuai dengan tanggal jatuh tempo yang according to the maturity date stated in the financing
tertera pada perjanjian pemberian pembiayaan. agreement.
Akad fasilitas line pembiayaan tersebut The mudharabah term financing line facility
diperpanjang efektif pada 21 Februari 2025 sampai agreement was extended effectively from 21
dengan 21 Februari 2026, dengan jumlah February 2025 to 21 February 2026, with the
maksimum dana yang disediakan adalah sebesar maximum amount of funds provided being
USD95.000.000 (nilai penuh) atau Rp1.400.000. USD95,000,000 (full value) or Rp1,400,000.
Atas fasilitas yang telah diperpanjang tersebut, pada Based on the extended facility, on 28 February
28 Februari 2025, Bank memiliki saldo pembiayaan 2025, the Bank received term financing mudharabah
berjangka mudharabah sebesar Rp750.000 dari amounting to Rp750,000 from PT Bank Maybank
PT Bank Maybank Indonesia Tbk dengan imbal bagi Indonesia Tbk with a profit sharing rate of equivalent
hasil ekuivalen 6,60% per tahun yang jatuh tempo 6.60% per annum which matured on 9 April 2025.
pada 9 April 2025. Atas pembiayaan ini, telah For this financing, repayment has been made
dilakukan pelunasan sesuai dengan tanggal jatuh according to the maturity date stated in the financing
tempo yang tertera pada perjanjian pembiayaan. agreement.
Pada 7 Maret 2025, Bank memiliki saldo On 7 March 2025, the Bank received term term
pembiayaan berjangka mudharabah sebesar financing mudharabah amounting to Rp650,000
Rp650.000 dari PT Bank Maybank Indonesia Tbk from PT Bank Maybank Indonesia Tbk with a profit
dengan imbal bagi hasil ekuivalen 6,60% per tahun sharing rate of equivalent 6.60% per annum which
yang jatuh tempo pada 21 April 2025. Atas matured on 21 April 2025. For this financing,
pembiayaan ini, telah dilakukan pelunasan sesuai repayment has been made in accordance with the
dengan tanggal jatuh tempo yang tertera pada maturity date stated in the financing agreement. As
perjanjian. Setelah tanggal 21 April 2025, bank of 21 April 2025, the bank has no remaining balance
sudah tidak memiliki saldo pembiayaan berjangka of mudharabah term financing.
mudharabah.
Tidak terdapat agunan yang dijaminkan untuk There is no collateral pledged for this financing
fasilitas pembiayaan tersebut. Per 31 Desember facility. As of 31 December 2025, the Bank has no
2025, Bank tidak memiliki saldo atas fasilitas line balance on the term financing mudharabah line
pembiayaan berjangka mudharabah tersebut. facility.
103
Page 765
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
31. EKUITAS 31. EQUITY
Modal Saham Share Capital
Susunan pemegang saham Bank adalah sebagai The composition of the Bank’s shareholders are as
berikut: follows:
31 Desember/December 2025
Jumlah saham
ditempatkan dan
disetor penuh
(nilai penuh)/
Amount of issued Persentase Jumlah modal
and fully-paid pemilikan/ (nilai penuh)/
share capital Ownership Amount of
Pemegang Saham (full amount) percentage capital (full amount) Shareholders
Modal Dasar Authorised Capital
Saham Seri A Dwiwarna 1 0.00% 500 Series A Dwiwarna share
Saham biasa Seri B 79,999,999,999 100.00% 39,999,999,999,500 Series B common shares
Modal Ditempatkan dan Disetor Penuh Issued and Fully Paid Capital
Saham Seri A Dwiwarna Series A Dwiwarna share
Negara Republik Indonesia 1 0.00% 500 Republic of Indonesia
Saham biasa Seri B Series B common shares
PT Bank Mandiri (Persero) Tbk 23,740,608,436 51.47% 11,870,304,218,000 PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 10,720,230,418 23.24% 5,360,115,209,000 (Persero)Tbk
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk 7,092,761,655 15.38% 3,546,380,827,500 (Persero) Tbk
Dewan Komisaris: Board of Commissioners:
Meidy Ferdiansyah 133,000 0.00% 66,500,000 Meidy Ferdiansyah
Direksi: Board of Directors:
Bob Tyasika Ananta 1,134,400 0.00% 567,200,000 Bob Tyasika Ananta
Ade Cahyo Nugroho 2,280,100 0.00% 1,140,050,000 Ade Cahyo Nugroho
Anton Sukarna 2,280,100 0.00% 1,140,050,000 Anton Sukarna
Zaidan Novari 1,071,400 0.00% 535,700,000 Zaidan Novari
Grandhis Helmi Harumansyah 343,100 0.00% 171,550,000 Grandhis Helmi Harumansyah
Kemas Erwan Husainy 220,101 0.00% 110,050,500 Kemas Erwan Husainy
Masyarakat 4,568,197,427 9.90% 2,284,098,713,500 Public
46,129,260,138 100.00% 23,064,630,069,000
31 Desember/December 2024
Jumlah saham
ditempatkan dan
disetor penuh
(nilai penuh)/
Amount of issued Persentase Jumlah modal
and fully-paid pemilikan/ (nilai penuh)/
share capital Ownership Amount of
Pemegang Saham (full amount) percentage capital (full amount) Shareholders
Modal Dasar Authorised Capital
Saham Seri A Dwiwarna 1 0.00% 500 Series A Dwiwarna share
Saham biasa Seri B 79,999,999,999 100.00% 39,999,999,999,500 Series B common shares
Modal Ditempatkan dan Disetor Penuh Issued and Fully Paid Capital
Saham Seri A Dwiwarna Series A Dwiwarna share
Negara Republik Indonesia 1 0.00% 500 Republic of Indonesia
Saham biasa Seri B Series B common shares
PT Bank Mandiri (Persero) Tbk 23,740,608,436 51.47% 11,870,304,218,000 PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 10,720,230,418 23.24% 5,360,115,209,000 (Persero)Tbk
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk 7,092,761,655 15.38% 3,546,380,827,500 (Persero) Tbk
Dewan Komisaris: Board of Commissioners:
Suyanto 1,086,400 0.00% 543,200,000 Suyanto
Masduki Baidlowi 1,086,400 0.00% 543,200,000 Masduki Baidlowi
Fauzi 115,000 0.00% 57,500,000 Fauzi
Abu Rokhmad 163,500 0.00% 81,750,000 Abu Rokhmad
Direksi: Board of Directors:
Hery Gunardi 3,354,400 0.01% 1,677,200,000 Hery Gunardi
Bob Tyasika Ananta 1,134,400 0.00% 567,200,000 Bob Tyasika Ananta
Ade Cahyo Nugroho 2,280,100 0.00% 1,140,050,000 Ade Cahyo Nugroho
Anton Sukarna 2,280,100 0.00% 1,140,050,000 Anton Sukarna
Tribuana Tunggadewi 2,280,100 0.00% 1,140,050,000 Tribuana Tunggadewi
Zaidan Novari 1,071,400 0.00% 535,700,000 Zaidan Novari
Saladin D. Effendi 343,100 0.00% 171,550,000 Saladin D. Effendi
Grandhis Helmi Harumansyah 343,100 0.00% 171,550,000 Grandhis Helmi Harumansyah
Ari Rizaldi 13,400 0.00% 6,700,000 Ari Rizaldi
Masyarakat 4,560,108,228 9.90% 2,280,054,114,000 Public
46,129,260,138 100.00% 23,064,630,069,000
104
Page 766
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
Modal Saham (lanjutan) Share Capital (continued)
Berdasarkan Perubahan Anggaran Dasar terakhir Based on the latest amendment to the Company’s
yang diputuskan dalam Rapat Umum Pemegang Articles of Association as resolved at the
Saham Luar Biasa tanggal 22 Desember 2025, Extraordinary General Meeting of Shareholders held
terdapat perubahan hak-hak istimewa untuk Saham on 22 December 2025, there have been changes to
Seri A Dwiwarna dan daftar pemegang saham biasa the special rights attached to the Series A Dwiwarna
seri B. Shares and to the list of holders of Series B ordinary
shares.
Saham Seri A Dwiwarna adalah saham yang dimiliki Series A Dwiwarna Shares are shares exclusively
khusus oleh Negara Republik Indonesia yang owned by the Government of the Republic of
memberikan hak istimewa sebagai berikut: Indonesia, which confer the following special rights:
menyetujui dalam Rapat Umum Pemegang Approving in the General Meeting of
Saham (“RUPS”) mengenai perubahan Shareholders (“GMS”) regarding changes to
Anggaran Dasar, perubahan permodalan, the Articles of Association, changes in capital,
pengangkatan dan pemberhentian anggota the appointment and dismissal of members of
Direksi dan Dewan Komisaris atas persetujuan the Board of Directors and the Board of
Presiden, penggabungan, peleburan, Commissioners with the approval of the
pemisahan, pembubaran, serta President, mergers, consolidations,
pengambilalihan, persetujuan remunerasi separations, dissolutions, as well as
anggota Direksi dan Dewan Komisaris dan acquisitions, approval of remuneration for
penggunaan laba; members of the Board of Directors and the
Board of Commissioners, and the use of
profits;
mengusulkan calon anggota Direksi dan calon to propose candidates for members of the
anggota Dewan Komisaris; Board of Directors and members of the Board
of Commissioners;
mengusulkan mata acara RUPS; to propose agenda items for the GMS;
meminta dan mengakses data dan dokumen to request and access the Company’s data and
Perseroan; documents;
menetapkan pedoman terkait pengembangan to determine guidelines relating to the strategic
strategis Bank secara organik maupun development of the Bank, both organically and
nonorganik; dan non-organically; and
menyetujui tindakan-tindakan strategis Direksi to approve strategic actions of the Board of
sesuai dengan ketentuan dalam Anggaran Directors in accordance with the provisions set
Dasar Perseroan forth in the Company’s Articles of Association.
Pelaksanaan hak-hak istimewa Pemegang Saham The exercise of the special rights of Series A
Seri A Dwiwarna dapat dikuasakan sesuai dengan Dwiwarna Shareholders may be delegated in
ketentuan dan persyaratan yang berlaku, kecuali accordance with the applicable provisions and
pelaksanaan hak istimewa terkait hak untuk requirements, except for the exercise of special
menyetujui dalam RUPS terkait pengangkatan dan rights related to the approval in the GMS concerning
pemberhentian anggota Direksi dan Dewan the appointment and dismissal of members of the
Komisaris atas persetujuan Presiden sebagaimana Board of Directors and the Board of Commissioners
diatur dalam Pasal 5 ayat (4) huruf c Anggaran with the approval of the President as stipulated in
Dasar Perseroan. Article 5 paragraph (4) letter c of the Company's
Articles of Association.
Hak-hak istimewa Pemegang Saham Seri A The special rights of the holder of Series A
Dwiwarna mengalami penambahan dari 4 (empat) Dwiwarna Shares have been increased from four (4)
poin menjadi 6 (enam) poin sebagaimana diatur items to six (6) items as stipulated in Article 5
dalam Pasal 5 ayat (4) huruf c Anggaran Dasar paragraph (4) letter c the Company’s Articles of
Perseroan, yang merupakan inti dari hak istimewa Association, which constitute the core of the special
Pemegang Saham Seri A Dwiwarna, yaitu Negara rights attached to the Series A Dwiwarna Shares,
Republik Indonesia yang diwakili oleh BP BUMN. namely those of the Government of the Republic of
Indonesia as represented by the Ministry of
State-Owned Enterprises (BP BUMN).
105
Page 767
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
Modal Saham (lanjutan) Share Capital (continued)
Saham Biasa Seri B adalah saham biasa atas nama Series B Ordinary Shares are registered ordinary
yang kepemilikannya dapat dimiliki oleh Badan shares that may be owned by Badan Pengelola
Pengelola Investasi Daya Anagata Nusantara (BPI Investasi Daya Anagata Nusantara (BPI
Danantara), Holding Operasional, dan/atau oleh Danantara), the Operational Holding, and/or by the
Masyarakat. Pemegang Saham Seri B mempunyai Public. Holders of Series B Shares shall be entitled
hak memberikan suara, di mana setiap satu (1) to voting rights, whereby each share carries one (1)
saham memberikan satu hak suara. voting right.
Perubahan Anggaran Dasar Perseroan ini berlaku The amendment to the Company’s Articles of
efektif sejak tanggal 23 Januari 2026, yaitu sejak Association shall become effective as of 23 January
diterbitkannya Keputusan Menteri Hukum Republik 2026, being the date of issuance of the Decree of
Indonesia Nomor AHU-0003351.AH.01.02.TAHUN the Minister of Law of the Republic of Indonesia
2026 tentang Persetujuan Perubahan Anggaran Number AHU-0003351.AH.01.02.TAHUN 2026
Dasar Perseroan Terbatas PT Perusahaan concerning the Approval of the Amendment to the
Perseroan (Persero) PT Bank Syariah Indonesia Articles of Association of the Limited Liability
Tbk dan Penerimaan Pemberitahuan Perubahan Company PT Perusahaan Perseroan (Persero) PT
Anggaran Dasar PT Perusahaan Perseroan Bank Syariah Indonesia Tbk and the Acceptance of
(Persero) PT Bank Syariah Indonesia Tbk dari Notification of Amendments to the Articles of
Menteri Hukum Republik Indonesia Nomor Association of PT Perusahaan Perseroan (Persero)
AHU-AH.01.03-0019406. PT Bank Syariah Indonesia Tbk from the Minister of
Law and Human Rights of the Republic of Indonesia
Number AHU-AH.01.03-0019406.
Saldo laba - Telah ditentukan penggunaannya Retained earnings - Appropriated (General
(Cadangan Umum) Reserves)
Cadangan umum pada awalnya dibentuk dalam The general reserves are originally provided in
rangka memenuhi ketentuan Undang-Undang accordance with Law No. 1/1995 article 61
No. 1/1995 Pasal 61 ayat (1) mengenai Perseroan paragraph (1) on Limited Liability Company (later
Terbatas (kemudian diganti dengan Undang- superseded by Limited Liability Company Law No.
Undang Perseroan Terbatas No. 40/2007), yang 40/2007), which requires Indonesian companies to
mengharuskan perusahaan Indonesia untuk set up a general and legal reserve amounting to at
membuat penyisihan cadangan umum dan wajib least 20% of the issued and paid-in capital. This
sebesar sekurang-kurangnya 20% dari jumlah particular law does not regulate the period of time in
modal yang ditempatkan dan disetor penuh. relation to the provision of such reserves.
Undang-Undang tersebut tidak mengatur jangka
waktu untuk pembentukan penyisihan tersebut.
Sesuai Akta Rapat Umum Pemegang Saham Deed of Decision of the Annual General Meeting of
Tahunan PT Bank Syariah Indonesia Tbk Tahun Shareholders of PT Bank Syariah Indonesia Tbk
Buku 2024 No. 20 tanggal 16 Mei 2025 dan Tahun Fiscal Year 2024 No. 20 dated 16 May 2025 and
Buku 2023 No. 37 tanggal 17 Mei 2024, pemegang Fiscal Year 2023 No. 37 dated 17 May 2024,
saham menyetujui distribusi laba bersih untuk tahun shareholders approved the distribution of net profit
yang berakhir pada tanggal-tanggal 31 Desember for the year ended 31 December 2024 and 2023,
2024 dan 2023, dengan penggunaan sebagai with the following usage:
berikut:
31 Desember/ 31 Desember/
December 2024 December 2023
Laba ditahan 4,553,828 3,707,433 Retained earnings
Pembagian dividen 1,050,883 855,561 Dividend-share
Cadangan umum 1,401,177 1,140,749 General reserves
7,005,888 5,703,743
106
Page 768
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
Tambahan Modal Disetor Additional Paid-in Capital
Perubahan tambahan modal disetor adalah sebagai The movements in additional paid-in capital are as
berikut: follows:
Saldo pada tanggal 1 Januari 2021 - Balance as at 1 January 2021
Agio saham dari penggabungan usaha 3,237 Agio shares from merger
Imbalan bersih yang secara efektif Net consideration effectively
dialihkan dalam akuisisi terbalik (5,374,061) transferred in reverse acquisition
Penyesuaian yang timbul dari akuisisi terbalik Adjustment arising from reverse acquisition
untuk mencerminkan modal menurut hukum (995,952) to reflect the Bank‘s legal capital
Tambahan modal disetor Additional paid-in capital
per 31 Desember 2021 (6,366,776) as at 31 December 2021
Tambahan modal disetor akibat Penawaran Additional paid-in capital due to
Umum Saham Terbatas pada tahun 2022 2,499,976 Limited Public Offering in 2022
Biaya emisi penerbitan saham (62,300) Share issuance costs
Saldo akhir (3,929,100) Ending balance
32. PENDAPATAN DARI JUAL BELI 32. INCOME FROM SALES AND PURCHASES
31 Desember/ 31 Desember/
December 2025 December 2024
Murabahah 14,510,670 13,404,030 Murabahah
Istishna 27 25 Istishna
14,510,697 13,404,055
33. PENDAPATAN DARI BAGI HASIL 33. INCOME FROM PROFIT SHARING
31 Desember/ 31 Desember/
December 2025 December 2024
Musyarakah 9,978,945 7,841,527 Musyarakah
Mudharabah 147,268 159,677 Mudharabah
10,126,213 8,001,204
34. PENDAPATAN DARI IJARAH - BERSIH 34. INCOME FROM IJARAH - NET
31 Desember/ 31 Desember/
December 2025 December 2024
Ijarah muntahiyah bittamlik - bersih 109,993 171,137 Ijarah muntahiyah bittamlik - net
Ijarah multijasa - bersih 18,543 20,987 Multi-services ijarah - net
128,536 192,124
Pendapatan Ijarah Muntahiyah Bittamlik (“IMBT”) - Income from Ijarah Muntahiyah Bittamlik (“IMBT”) -
bersih merupakan pendapatan pokok dan margin net represents the principal and margin income from
IMBT setelah dikurangi beban penyusutan, dan IMBT after deducting depreciation expenses and
penurunan nilai aset ijarah. Pendapatan ijarah impairment of ijarah assets. Multi-services ijarah
multijasa - bersih merupakan pendapatan ijarah income - net represents indirect ijarah income from
tidak langsung atas margin dan pokok ijarah the principal and margin of multi-services ijarah after
multijasa setelah dikurangi biaya yang dibayarkan deducting fees paid to the initial service provider.
kepada pemberi jasa awal.
107
Page 769
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
35. PENDAPATAN USAHA UTAMA LAINNYA 35. OTHER MAIN OPERATING INCOME
31 Desember/ 31 Desember/
December 2025 December 2024
Pendapatan dari investasi Income from investments
pada surat berharga 2,785,946 3,086,500 in marketable securities
Pendapatan dari Deposito Berjangka Income from Bank Indonesia
Syariah Bank Indonesia 246,528 366,792 Sharia Term Deposits
Pendapatan atas penempatan Income from placement in Minimum
Giro Wajib Minimum (“GWM”) 97,846 104,549 Statutory Reserve Requirement (“GWM”)
Bagi hasil penempatan Profit sharing from placements
pada bank lain 80,117 76,109 with other bank
Bonus dari Sertifikat Bank Bonus from Bank Indonesia
Indonesia Syariah (“SBIS”) dan Sharia Certificates (“SBIS”) and
Fasilitas Simpanan Bank Bank Indonesia Sharia Deposit
Indonesia Syariah (“FASBIS”) 289,608 66,870 Facilities (“FASBIS”)
3,500,045 3,700,820
36. HAK PIHAK KETIGA ATAS BAGI HASIL 36. THIRD PARTIES’ SHARE ON RETURN
31 Desember/ 31 Desember/
December 2025 December 2024
Deposito mudharabah 6,589,557 5,539,666 Mudharabah time deposits
Giro mudharabah 1,298,084 1,100,295 Mudharabah demand deposits
Tabungan mudharabah 438,716 432,774 Mudharabah savings deposits
PaSBI 199,843 368,533 PaSBI
Dana pihak ketiga terikat 213,778 180,666 Restricted third party funds
Sukuk keberlanjutan 311,400 108,999 Sustainability sukuk
SIMA dan SIKA 32,509 78,898 SIMA and SIKA
Pembiayaan berjangka mudharabah 13,979 37,282 Mudharabah term financing
Musyarakah-mudharabah Musyarakah-mudharabah
musytarakah 20,024 20,576 musytarakah
Sukuk mudharabah subordinasi 15,800 16,459 Subordinated sukuk mudharabah
SIPA 2,587 4,826 SIPA
Sukuk mudharabah muqayyadah 128 55 Mudharabah Muqayyadah Sukuk
9,136,405 7,889,029
37. PENDAPATAN USAHA LAINNYA 37. OTHER OPERATING INCOME
Pendapatan usaha lainnya terdiri dari: Other operating income consists of:
31 Desember/ 31 Desember/
December 2025 December 2024
Pendapatan imbalan jasa perbankan Fee based income from banking services
Pendapatan rahn 1,520,849 1,001,349 Income from rahn
Pendapatan layanan internet dan Income from internet and
mobile banking 501,616 414,190 mobile banking services
Pendapatan administrasi pembiayaan 330,805 313,896 Income from financing administration
Pendapatan administrasi tabungan Income from saving deposits
dan giro 316,593 333,028 and demand deposits administration
Pendapatan transaksi Bancassurance 301,483 343,480 Income from Bancassurance transactions
Pendapatan transaksi ATM 216,203 159,942 Income from ATM transactions
Pendapatan jasa pembayaran 172,878 166,418 Income from payment services
Pendapatan kartu Hasanah 166,573 147,380 Income from Hasanah Card
Pendapatan administrasi dan komisi Income from administration and
selain pembiayaan 165,017 168,141 commission other than financing
Pendapatan jasa ekspor impor 142,181 127,598 Income from export import services
Pendapatan komisi asuransi 97,777 134,976 Income from insurance commission
Pendapatan pembiayaan sindikasi 89,313 87,588 Syndicated financing fee
Pendapatan jasa penjualan sukuk Income from service of sale of sukuk
dan reksa dana 78,713 46,374 and mutual funds
Pendapatan transaksi Income from foreign
mata uang asing - bersih 70,647 65,316 exchange transaction - net
Pendapatan transaksi remittance 32,463 31,237 Income from remittance transactions
Pendapatan ganti rugi Income from restructuring
restrukturisasi (ta'widh) 23,146 27,467 compensation (ta'widh)
Lainnya 405,044 109,982 Others
4,631,301 3,678,362
108
Page 770
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
37. PENDAPATAN USAHA LAINNYA (lanjutan) 37. OTHER OPERATING INCOME (continued)
Pendapatan usaha lainnya terdiri dari: (lanjutan) Other operating income consists of: (continued)
31 Desember/ 31 Desember/
December 2025 December 2024
Keuntungan investasi surat berharga Gain from marketable securities
Keuntungan pelepasan surat berharga 879,490 593,258 Gain on sale of marketable securities
Kenaikan/(penurunan) nilai surat berharga Increase/(decrease) in marketable securities
diukur pada nilai wajar melalui laba rugi 121,072 (6,059) measured at fair value through profit or loss
1,000,562 587,199
Pendapatan lainnya Other income
Penerimaan kembali atas piutang dan
pembiayaan yang telah Subsequent recoveries of receivables
dihapusbukukan 1,304,733 1,290,918 and financing written-off
6,936,596 5,556,479
Pendapatan imbalan jasa perbankan - lainnya Fee based income from banking services - others
antara lain pendapatan atas margin dari penjualan are income from margin of the sale of gold savings,
tabungan emas, pendapatan atas wesel SKBDN, income from SKBDN bills, income from bank
pendapatan cetak rekening koran, dan pendapatan statement printing, and fees for banking service
administrasi jasa perbankan. administration fees.
38. BEBAN GAJI DAN TUNJANGAN 38. SALARIES AND BENEFITS EXPENSES
Beban gaji dan tunjangan terdiri dari: Salaries and benefits consist of:
31 Desember/ 31 Desember/
December 2025 December 2024
Gaji dan upah 3,899,656 3,862,690 Salaries and wages
Tunjangan karyawan 1,205,067 997,154 Employee allowances
Pendidikan dan pelatihan 139,792 175,822 Education and training
Lainnya 252,102 248,470 Others
5,496,617 5,284,136
Lainnya antara lain beban imbalan kerja dan beban Others are employee benefits expenses and
kegiatan komunitas pegawai. employee community activity expenses.
39. BEBAN UMUM DAN ADMINISTRASI 39. GENERAL AND ADMINISTRATIVE EXPENSES
Beban umum dan administrasi terdiri dari: General and administrative expenses consist of:
31 Desember/ 31 Desember/
December 2025 December 2024
Penyusutan aset tetap dan Depreciation of fixed assets
aset hak guna dan amortisasi and right-of-use assets and amortisation
aset tidak berwujud (Catatan 14) 1,625,283 1,049,718 of intangible assets (Note 14)
Beban outsourcing 1,013,919 902,652 Outsourcing expenses
Beban promosi 1,068,216 838,642 Promotion expenses
Beban penjaminan 720,294 599,218 Guarantee expenses
Beban sewa (Catatan 14) 606,994 393,072 Rent expenses (Note 14)
Beban komunikasi 418,784 396,939 Communication expenses
Beban pemeliharaan dan perbaikan 352,169 254,239 Service and maintenance expenses
Beban lisensi software 292,413 175,629 Software license expenses
Beban transportasi 255,376 284,183 Transportation expenses
Beban barang dan jasa lain 255,684 157,330 Other goods & services expenses
Beban pungutan OJK 211,463 192,549 OJK fees expenses
Beban perlengkapan 208,549 186,954 Supplies expenses
Beban jasa tenaga ahli 168,076 196,396 Professional fees expenses
Beban listrik, air dan gas 138,113 128,844 Electricity, water and gas expenses
Beban asuransi 120,543 97,014 Insurance expenses
Beban alat tulis kantor 93,488 121,582 Office stationery expenses
Ujrah administrasi 91,569 90,604 Administrative ujrah
Lainnya 468,530 277,061 Others
8,109,463 6,342,626
109
Page 771
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
39. BEBAN UMUM DAN ADMINISTRASI (lanjutan) 39. GENERAL AND ADMINISTRATIVE EXPENSES
(continued)
Beban umum dan administrasi lainnya terdiri dari: Other general and administrative expenses consist
beban penunjang kinerja, beban sinergi bank of: performance support expenses, conventional
konvensional, beban perubahan nama kreditur ex- bank synergy expenses, creditor name change ex-
legacy, beban komisi jaringan visa, beban akses legacy expenses, visa network commission
data Dinas Kependudukan dan Pencatatan Sipil, expenses, Population and Civil Registry Service
beban pajak reklame, dan lainnya. data access expenses, advertising tax expenses,
and others.
40. BEBAN CADANGAN KERUGIAN PENURUNAN 40. PROVISION FOR IMPAIRMENT LOSSES ON
NILAI ASET PRODUKTIF DAN NONPRODUKTIF - EARNING AND NON-EARNING ASSETS - NET
BERSIH
Beban cadangan kerugian penurunan nilai aset Provision for impairment losses on earning and non-
produktif dan nonproduktif - bersih terdiri dari: earning assets - net, consist of:
31 Desember/ 31 Desember/
December 2025 December 2024
Giro dan penempatan pada Current accounts and placements
bank lain (Catatan 6) 2,236 (6,999) with other banks (Note 6)
Investasi pada surat berharga Investments in marketable
(Catatan 7) (3,179) (97,218) securities (Note 7)
Tagihan akseptasi (Catatan 8) 5,036 (2,457) Acceptances receivables (Note 8)
Piutang (Catatan 9) 1,621,074 967,838 Receivables (Note 9)
Pinjaman qardh (Catatan 10) 24,738 27,969 Funds of qardh (Note 10)
Pembiayaan mudharabah (Catatan 11) (10,107) 44,110 Mudharabah financing (Note 11)
Pembiayaan musyarakah (Catatan 12) 810,124 1,069,868 Musyarakah financing (Note 12)
Estimasi kerugian komitmen Estimated losses on commitments
dan kontinjensi (Catatan 42) 1,776 (8,443) and contingencies (Note 42)
Aset nonproduktif (108,861) (102,910) Non-earning assets
Aset lainnya 14,114 2,109 Other assets
2,356,951 1,893,867
41. LABA PER SAHAM 41. EARNINGS PER SHARE
Perhitungan laba per saham adalah sebagai berikut: The computation of earnings per share, are as
follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Laba tahun berjalan 7,567,523 7,005,888 Income for the year
Jumlah rata-rata tertimbang saham Weighted average number of shares
biasa yang beredar 46,129,260,138 46,129,260,138 outstanding
Laba bersih per saham dasar dan Basic and diluted earnings
dilusian (nilai penuh) 164.05 151.88 per share (full amount)
110
Page 772
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. INFORMASI MENGENAI KOMITMEN DAN 42. INFORMATION ON COMMITMENTS AND
KONTINJENSI CONTINGENCIES
a. Bank memiliki tagihan dan liabilitas komitmen a. The Bank’s receivables and payables from
dan kontinjensi sebagai berikut: commitments and contingencies are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Tagihan komitmen Commitments receivables
Pihak ketiga Third parties
Pembelian berjangka mata uang Unsettled purchase of
asing yang belum diselesaikan 1,927,333 464,508 foreign currency
Liabilitas komitmen Commitments payables
Pihak ketiga Third parties
Fasilitas pembiayaan
yang belum digunakan 3,699,883 2,090,286 Unused financing facilities
L/C yang tidak dapat dibatalkan 63,214 202,609 Irrevocable L/C
Kewajiban subrogasi 606,836 140,040 Subrogation payables
Penjualan berjangka mata uang Sales of foreign currency
asing yang belum diselesaikan 2,041,742 489,752 futures unsettled
Titipan emas 4,483,635 640,910 Gold deposits
10,895,310 3,563,597
Pihak berelasi Related parties
Fasilitas pembiayaan
yang belum digunakan 1,990,575 48,602 Unused financing facilities
L/C yang tidak dapat dibatalkan 44,964 161,978 Irrevocable L/C
Titipan emas 22,229 5,121 Gold deposits
2,057,768 215,701
Liabilitas komitmen - bersih 11,025,745 3,314,790 Commitments payables - net
Tagihan kontinjensi Contingencies receivables
Pihak ketiga Third parties
Pendapatan dari pembiayaan Income from non-performing
bermasalah 517,187 425,397 financing
Bank garansi (kafalah) Bank guarantees (kafalah)
yang diterima 253,877 245,046 received
Lainnya 35,611 35,611 Others
806,675 706,054
Liabilitas kontinjensi Contingencies payables
Pihak ketiga Third parties
Garansi yang diterbitkan 1,982,105 1,532,802 Bank guarantees issued
Pihak berelasi Related parties
Garansi yang diterbitkan 498,335 507,923 Bank guarantees issued
2,480,440 2,040,725
Liabilitas kontinjensi - bersih 1,673,765 1,334,671 Contingencies payables - net
Titipan Emas adalah penitipan emas milik Gold deposits is the storage of gold owned by
masyarakat kepada Bank yang dilaksanakan the public with the Bank, carried out based on an
berdasarkan kesepakatan para pihak. Emas agreement between the parties. The gold
nasabah yang dititipkan diklasifikasikan sebagai deposited by customers is classified as an
allocated account yaitu adalah akun Emas yang allocated account, which is a gold account
dikelola atas nama Nasabah, sesuai dengan managed in the name of the Customer, in
perjanjian, yang ditempatkan pada tempat accordance with the agreement, and stored in
penyimpanan (vaulting) Bank dan Bank tidak the Bank's vault, with the Bank having no
memiliki hak kepemilikan atas Emas tersebut. ownership rights over the gold.
111
Page 773
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. INFORMASI MENGENAI KOMITMEN DAN 42. INFORMATION ON COMMITMENTS AND
KONTINJENSI (lanjutan) CONTINGENCIES (continued)
b. Transaksi komitmen dan kontinjensi yang terjadi b. The transactions of commitments and
dalam kegiatan normal Bank yang mempunyai contingencies in the normal course of the Bank’s
risiko pembiayaan adalah sebagai berikut: activities that have financing risks are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Garansi yang diterbitkan 2,480,440 2,040,725 Bank guarantees issued
Fasilitas pembiayaan
yang belum digunakan 5,690,458 2,138,888 Unused financing facilities
L/C yang tidak dapat dibatalkan 108,178 364,587 Irrevocable L/C
8,279,076 4,544,200
c. Kolektibilitas komitmen dan kontinjensi pada c. The collectibility of commitments and
rekening administratif yang mempunyai risiko contingencies with financing risk on
pembiayaan diungkapkan pada Catatan 54l. administrative accounts is disclosed in Note 54l.
d. Perubahan estimasi kerugian komitmen dan d. The movements of estimated losses on
kontijensi adalah sebagai berikut: commitments and contingencies are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Saldo awal tahun 24,045 32,017 Beginning balance
(Pembalikan)/pembentukan selama (Reversal)/provision
tahun berjalan (Catatan 40) 1,776 (8,443) during the year (Note 40)
Selisih kurs 362 471 Exchange rate difference
Saldo akhir tahun 26,183 24,045 Ending balance
Manajemen berpendapat bahwa estimasi Management believes that the estimated losses
kerugian atas komitmen dan kontijensi yang on commitments and contingencies is adequate
dibentuk telah memadai dan telah sesuai and in compliance with OJK regulations.
dengan ketentuan OJK.
43. LIABILITAS IMBALAN KERJA 43. EMPLOYEE BENEFIT LIABILITIES
31 Desember/ 31 Desember/
December 2025 December 2024
Imbalan pasca kerja 404,347 374,963 Post-employment benefits
Cuti besar 173,803 159,767 Grand leaves
578,150 534,730
Bank memiliki Program Pensiun Iuran Pasti (“PPIP”) Bank has a defined contribution plan (“PPIP”) for all
yang meliputi seluruh karyawan tetap yang dikelola permanent employees which managed by the
oleh Dana Pensiun Lembaga Keuangan (“DPLK”) pension funds (“DPLK”) as follows:
sebagai berikut:
1. DPLK BRI yang telah mendapatkan 1. DPLK BRI which has been approved by OJK
pengesahan berdasarkan Keputusan Otoritas through its Decision Letter No. KEP-
Jasa Keuangan No. KEP-19/NB.1/2022 tanggal 19/NB.1/2022 dated 21 March 2022.
21 Maret 2022.
2. DPLK AXA Mandiri yang telah mendapatkan 2. DPLK AXA Mandiri which has been approved
pengesahan berdasarkan Keputusan Otoritas by OJK through its Decision Letter No. KEP-
Jasa Keuangan No. KEP-29/NB.01/2022 29/NB.01/2022 dated 18 April 2022.
tanggal 18 April 2022.
3. DPLK BNI yang telah mendapatkan 3. DPLK BNI which has been approved by OJK
pengesahan berdasarkan Keputusan Otoritas through its Decision Letter No. KEP-
Jasa Keuangan No. KEP-31/NB.01/2022 31/NB.01/2022 dated 13 May 2022.
tanggal 13 Mei 2022.
112
Page 774
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
43. LIABILITAS IMBALAN KERJA (lanjutan) 43. EMPLOYEE BENEFIT LIABILITIES (continued)
Jumlah iuran yang dibayarkan Bank sebesar The total contributions paid by the Bank amounting
Rp200.343 dan Rp189.334 untuk periode yang to Rp200,343 and Rp189,334 for the period ended
berakhir pada 31 Desember 2025 dan 2024. 31 December 2025 and 2024.
Selain itu, Bank memiliki Program Pensiun Untuk In addition, the Bank has a Pension Program for
Kompensasi Pesangon ("PPUKP") untuk pegawai Severance Compensation (“PPUKP”) for ex-legacy
ex-legacy BRIS yang dikelola oleh DPLK BRI. BRIS employees which managed by DPLK BRI.
Perhitungan aktuaria per tanggal 31 Desember 2025 The actuarial calculations as at 31 December 2025
dan 2024 dilakukan oleh KKA Steven & Mourits, and 2024 were prepared by KKA Steven & Mourits,
aktuaris independen, dalam laporannya masing- an independent actuary, in its reports dated
masing tertanggal 5 Januari 2026 dan 23 Desember 5 January 2026 and 23 December 2024,
2024. respectively.
Perhitungan aktuaria tersebut menggunakan The above actuarial calculations were using the
metode Projected Unit Credit serta Projected Unit Credit Method with the following key
mempertimbangkan asumsi-asumsi utama sebagai assumptions:
berikut:
31 Desember/ 31 Desember/
December 2025 December 2024
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto 6.10% 7.10% Discount rate
Tingkat kenaikan gaji 6.50% 6.50% Rate of salary increases
Asumsi lainnya: Other assumptions:
Usia pensiun normal 36 - 56 tahun/years 36 - 56 tahun/years Normal retirement age
Tingkat kematian Tabel Mortalitas/ Modifikasi Mortality rate
Mortality Table Tabel Mortalitas/
Indonesia Adjusted Mortality
TMI-IV-2019 Table
Indonesia
TMI-IV-2019
Tingkat cacat 10% dari tingkat 10% dari tingkat Disability rate
kematian/10% kematian/10%
from mortality rate from mortality rate
Tingkat hasil investasi DPLK BNIS: 6.75% BNIS: 6.00% DPLK investment rate
BSM: 7.75% BSM: 8.00%
BSI: 7.00% BSI: 6.00%
BRIS: 5.50% BRIS: 5.50%
Tingkat pengunduran diri usia/age 20-29: 5.00% 1% (sampai usia 20) Resignation rate
usia/age 30-34: 3.00% dan turun secara
usia/age 25-54: 2.00% linear ke 0%
usia/age ≥ 55: 0.00% di usia 56/
1% (until age of 20)
and decreasing
linearly to 0%
at age of 56
Imbalan pasca kerja Post-employment benefit
Rekonsiliasi status pembiayaan atas program A reconciliation of the funding status of the pension
pensiun disajikan sebagai berikut: plan are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Nilai kini liabilitas manfaat pasti yang Present value of funded defined
didanai 541,839 504,612 benefit obligations
Nilai wajar aset dana pensiun (137,492) (129,649) Fair value of pension plan assets
Nilai bersih kewajiban 404,347 374,963 Net liability
113
Page 775
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
43. LIABILITAS IMBALAN KERJA (lanjutan) 43. EMPLOYEE BENEFIT LIABILITIES (continued)
Imbalan pasca kerja (lanjutan) Post-employment benefit (continued)
Mutasi nilai kini liabilitas manfaat pasti yang didanai The movements in the present value of funded
selama tahun berjalan adalah sebagai berikut: defined benefit obligations for the year are as
follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Pada awal tahun 504,612 585,282 At the beginning of the year
Biaya 95,253 100,527 Service cost
(Keuntungan)/kerugian pengukuran Actuarial (gain)/loss on
kembali aktuarial (8,017) (137,052) remeasurement
591,848 548,757
Pembayaran imbalan pasca kerja Payment of post-employment
selama tahun berjalan (50,009) (44,145) benefit during the year
541,839 504,612
Rekonsiliasi atas mutasi liabilitas bersih selama The reconciliation of the movements of the net
periode yang berakhir 31 Desember 2025 dan 2024 liabilities for the period ended 31 December 2025
adalah sebagai berikut: and 2024 is as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Kewajiban bersih pada Net liabilities at the
awal tahun 374,963 463,243 beginning of the year
Beban tahun berjalan 176,428 176,523 Current year expenses
Pengukuran kembali diakui sebagai Remeasurement
pendapatan komprehensif recognised as other
lainnya akibat: comprehensive income due to:
Changes in
Perubahan asumsi demografi 2,972 - demographics assumptions
Changes in
Perubahan asumsi ekonomis 23,336 (92,804) economic assumptions
Changes from
Perubahan dari penyesuaian historis (33,090) (43,326) experience adjustment
(6,782) (136,130)
Pembayaran imbalan pasca kerja Payment of post-employment
selama tahun berjalan (50,009) (44,145) benefit during the year
Kelebihan pembayaran imbalan (90,253) (84,528) Excess benefit payment
Kewajiban bersih pada akhir Net liabilities at the end of the
tahun 404,347 374,963 year
Mutasi nilai wajar aset program untuk periode yang The movements in the fair value of plan assets for
berakhir adalah sebagai berikut: the period ended are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Pada awal tahun 129,649 122,039 At the beginning of the year
Hasil dari aset program (1,235) (923) Return on plan assets
Keuntungan aktuarial 9,078 8,533 Actuarial gains
137,492 129,649
114
Page 776
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
43. LIABILITAS IMBALAN KERJA (lanjutan) 43. EMPLOYEE BENEFIT LIABILITIES (continued)
Imbalan pasca kerja (lanjutan) Post-employment benefit (continued)
Biaya imbalan pensiun yang dibebankan pada Pension expenses recognised in the statements of
laporan laba rugi adalah sebagai berikut: profit or loss, are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Biaya jasa kini 61,033 65,683 Current service cost
Biaya jasa lalu - - Past service cost
Bunga bersih 25,142 26,312 Net Interest
Penyesuaian atas perubahan Adjustment due to change in
metode atribusi - - benefit attribution method
Kelebihan pembayaran imbalan 90,253 84,528 Excess benefits payment
Biaya yang dibebankan pada Expense recognised in
laporan laba rugi 176,428 176,523 profit or loss
Pengukuran kembali yang diakui Remeasurement effect
pada penghasilan recognised in other
komprehensif lain (6,782) (136,130) comprehensive income
Biaya imbalan pasti 169,646 40,393 Defined benefit cost
Pada tanggal 31 Desember 2025 dan 2024, aset As at 31 December 2025 and 2024, plan assets
program diinvestasikan ke dalam instrumen pasar invested to sharia money market each amounting to
uang syariah masing-masing sebesar Rp137.492 Rp137,492 and Rp129,649.
dan Rp129.649.
Hasil yang diharapkan dari aset program ditentukan The expected return on plan assets is determined
dengan mempertimbangkan imbal hasil yang by considering the expected return available on the
diharapkan atas aset yang mengacu pada kebijakan assets in accordance with the current investment
investasi. Hasil investasi bunga tetap didasarkan policy. Expected yields on fixed interest investments
pada hasil pengembalian bruto pada tanggal are based on gross redemption yields as at the
pelaporan. Hasil yang diharapkan dari investasi reporting date. Expected return on equity and
ekuitas dan properti mencerminkan tingkat imbal property investments reflect long-term real rates of
hasil jangka panjang aktual yang terjadi untuk tiap- return experienced in the respective markets.
tiap pasar.
Bank terekspos beberapa risiko atas program The Bank is exposed to a number of risks through
imbalan kerja seperti risiko yang terekspos pada its employee benefit plans such as the exposed risks
program manfaat pasti adalah adanya tingkat hasil in the defined benefit pension plan is the lower return
investasi di bawah asumsi discount rate dan on investment compared to assumption on discount
kenaikan gaji aktual yang lebih besar dari asumsi. rate and the increase in the actual salary is higher
Hal tersebut menimbulkan peningkatan iuran yang than its assumption. These will cause an increase in
dibayarkan kepada dana pensiun. benefit paid to pension fund.
Untuk memastikan bahwa posisi investasi telah To ensure that the position of investments is
sesuai dengan kerangka Asset Liability Matching consistent with the Asset Liability Management
(“ALMA”), Bank melakukan pemantauan terhadap (“ALMA”) framework, the Bank performs monitoring
investasi atas program pensiun (baik iuran pasti over the investment for the pension program (for
maupun manfaat pasti) dan memastikan tingkat both defined benefit and contribution plans) and
investasi dimaksud mencapai tingkat diskonto yang performs action to ensure the return of investments
digunakan. Selain itu, dilakukan implementasi will meet the applicable discount rate. Apart from
kebijakan penyesuaian gaji sesuai dengan asumsi that, implementation of salary adjustment policy has
yang telah digunakan dalam perhitungan aktuaria been performed in accordance to the assumptions
untuk mengurangi selisih hasil perhitungan atas used by actuarial calculation to reduce the gap on
proyeksi imbalan kerja pasca kerja dengan the calculation of projected post-employment benefit
realisasinya. with its realisation.
115
Page 777
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
43. LIABILITAS IMBALAN KERJA (lanjutan) 43. EMPLOYEE BENEFIT LIABILITIES (continued)
Imbalan pasca kerja (lanjutan) Post-employment benefit (continued)
Rata-rata durasi kewajiban manfaat pasti pada The average duration of the defined benefit
tanggal 31 Desember 2025 adalah 8,03 tahun obligations as at 31 December 2025 is 8.03 years
(31 Desember 2024: 7,98 tahun). (31 December 2024: 7.98 years).
Cuti besar Grand leaves
Mutasi untuk cadangan atas cuti besar masing- The movements of allowance for grand leaves as at
masing pada tanggal 31 Desember 2025 dan 2024 31 December 2025 and 2024, respectively, are as
adalah sebagai berikut: follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Liabilitas pada awal tahun 159,767 204,021 Liabilities at beginning of the year
Beban cuti besar Grand leaves expense
pada tahun berjalan 88,398 44,845 during the year
Pembayaran cuti besar Payment of grand leaves
selama tahun berjalan (74,362) (89,099) during the year
173,803 159,767
Beban cuti besar untuk periode yang berakhir pada Grand leaves expense for the period ended 31
tanggal 31 Desember 2025 dan 2024 berdasarkan December 2025 and 2024 based on actuarial
perhitungan aktuaria adalah sebagai berikut: calculation are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Biaya jasa kini 70,406 69,662 Current service cost
Biaya bunga 9,496 12,024 Interest cost
Kerugian/(keuntungan) aktuarial 8,496 10,688 Actuarial loss/(gain)
Biaya jasa lalu - (47,529) Past service costs
Jumlah 88,398 44,845 Total
Sensitivitas dari kewajiban manfaat pasti terhadap The sensitivity of defined benefit obligations to
perubahan asumsi aktuaria adalah sebagai berikut: changes in the actuarial assumptions is as follows:
Dampak terhadap kewajiban imbalan kerja/
Impact on employee benefit liabilities
(Kenaikan)/penurunan
manfaat pasti/
Perubahan asumsi/ (Increase)/decrease
31 Desember 2025 Change in assumption benefit obligation 31 December 2025
Tingkat diskonto Kenaikan/increase 1% (33,608) Discount rate
Penurunan/decrease 1% 36,885
Tingkat kenaikan gaji Kenaikan/increase 1% 112,501 Salary increase rate
Penurunan/decrease 1% (84,634)
116
Page 778
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
43. LIABILITAS IMBALAN KERJA (lanjutan) 43. EMPLOYEE BENEFIT LIABILITIES (continued)
Cuti besar (lanjutan) Grand leaves (continued)
Sensitivitas dari kewajiban manfaat pasti terhadap The sensitivity of defined benefit obligations to
perubahan asumsi aktuaria adalah sebagai berikut: changes in the actuarial assumptions is as follows:
(lanjutan) (continued)
Dampak terhadap kewajiban imbalan kerja/
Impact on employee benefit liabilities
(Kenaikan)/penurunan
manfaat pasti/
Perubahan asumsi/ (Increase)/decrease
31 Desember 2024 Change in assumption benefit obligation 31 December 2024
Tingkat diskonto Kenaikan/increase 1% (30,654) Discount rate
Penurunan/decrease 1% 33,688
Tingkat kenaikan gaji Kenaikan/increase 1% 100,720 Salary increase rate
Penurunan/decrease 1% (76,546)
Analisis jatuh tempo yang diharapkan dari manfaat Expected maturity analysis of undiscounted pension
pensiun yang tidak terdiskonto adalah sebagai is as follows:
berikut:
Kurang dari 2 sampai 5
1 tahun/ tahun/ Lebih dari 5
Less than a Between 2 to tahun/ Jumlah/
year 5 years Over 5 years Total
31 Desember 2025 31 December 2025
Pensiun 60,351 312,155 1,230,756 1,603,262 Pension
Cuti besar 74,123 410,337 1,233,204 1,717,664 Grand leaves
Jumlah 134,474 722,492 2,463,960 3,320,926 Total
31 Desember 2024 31 December 2024
Pensiun 53,202 311,490 1,272,552 1,637,244 Pension
Cuti besar 90,747 353,551 1,077,635 1,521,933 Grand leaves
Jumlah 143,949 665,041 2,350,187 3,159,177 Total
44. JAMINAN PEMERINTAH TERHADAP 44. GOVERNMENT GUARANTEES ON
KEWAJIBAN PEMBAYARAN BANK UMUM OBLIGATIONS OF COMMERCIAL BANKS
Berdasarkan Undang-Undang No. 24 tanggal Based on Law No. 24 dated 22 September 2004
22 September 2004, efektif sejak tanggal effective on 22 September 2005, as amended by
22 September 2005, sebagaimana diubah dengan The Government Regulation of the Republic of
Peraturan Pemerintah Pengganti Undang-Undang Indonesia for Substitute of Law No. 3 dated
Republik Indonesia No. 3 tanggal 13 Oktober 2008, 13 October 2008, the Government established the
Lembaga Penjaminan Simpanan (“LPS”) dibentuk Deposit Insurance Institution (“LPS”) to guarantee
untuk menjamin kewajiban tertentu bank-bank certain liabilities of commercial banks based on the
umum berdasarkan program penjaminan yang prevailing guarantee programs, in which the
berlaku, yang besaran nilai jaminannya dapat guaranteed amount may change if they meet certain
berubah jika memenuhi kriteria tertentu yang specified criteria.
berlaku.
Berdasarkan peraturan LPS No. 2 tanggal 22 Based on LPS Regulation No. 2 dated 22
September 2014 tentang perubahan peraturan LPS September 2014 regarding amendment of LPS
No. 2/PLPS/2010 tentang program penjaminan Regulation No. 2/PLPS/2010 regarding the Deposit
simpanan dimana simpanan yang dijamin meliputi Guarantee Program, the deposits guaranteed
giro wadiah, giro mudharabah, tabungan wadiah, included wadiah demand deposits, mudharabah
tabungan mudharabah, deposito mudharabah dan demand deposits, wadiah savings deposits,
simpanan dari bank lain. mudharabah savings deposits, mudharabah time
deposits and deposits from other banks.
117
Page 779
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
44. JAMINAN PEMERINTAH TERHADAP 44. GOVERNMENT GUARANTEES ON
KEWAJIBAN PEMBAYARAN BANK UMUM OBLIGATIONS OF COMMERCIAL BANKS
(lanjutan) (continued)
Berdasarkan Peraturan Pemerintah Republik Based on the Government of the Republic of
Indonesia No. 66 tahun 2008 tanggal Indonesia Regulation No. 66 Year 2008
13 Oktober 2008, tentang “Besarnya Nilai Simpanan dated 13 October 2008, regarding “the Amount of
yang Dijamin Lembaga Penjaminan Simpanan”, Public Deposits Guaranteed by the Government
pada tanggal 31 Desember 2025 dan 2024 jumlah Established Deposit Insurance Institution”, as at 31
simpanan yang dijamin LPS adalah simpanan December 2025 and 2024 the amount of deposits
sampai dengan Rp2.000.000.000 (nilai penuh) that are guaranteed by LPS amounted to
untuk per nasabah per bank. Rp2,000,000,000 (full amount) for each customer of
each bank.
Berdasarkan peraturan LPS No. 1 tanggal 15 Mei Based on LPS regulation No. 1 dated 15 May 2024
2024 tentang Premi Program Restrukturisasi concerning the Banking Restructuring Program
Perbankan (“PRP”). Setiap Bank yang melakukan Premium (“PRP”). Every bank that conducts
kegiatan usaha di Wilayah Negara Republik business activities in the State Territory of the
Indonesia wajib membayar Premi PRP. Besaran Republic of Indonesia is required to pay PRP
Premi PRP dihitung dari kombinasi kelompok Bank Premiums. The amount of PRP Premium is
berdasarkan jumlah aset dan Tingkat Risiko Bank. calculated from the combination of the Bank's group
Untuk pertama kali, Premi PRP dibayarkan Bank based on the number of assets and the Bank's Risk
kepada LPS untuk periode 1 Januari 2025 sampai Level. For the first time, the PRP Premium is paid by
dengan 31 Desember 2025. the Bank to LPS for the period from 1 January 2025
to 31 December 2025.
Pada tanggal 31 Desember 2025 dan 2024, Bank As at 31 December 2025 and 2024, the Bank is a
adalah peserta dari program penjaminan tersebut. participant of the government guarantee program.
Beban penjaminan dana pihak ketiga dan premi Insurance premium related to third party and PRP
PRP yang dijaminkan kepada LPS adalah Premium funds paid to LPS amounted to Rp720,136
Rp720.136 dan Rp599.081 masing-masing untuk and Rp599,081 for the year ended 31 December
tahun yang berakhir pada tanggal 31 Desember 2025 and 2024, respectively.
2025 dan 2024.
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
Dalam kegiatan normal usaha, Bank melakukan In the normal course of business, the Bank enters
transaksi dengan pihak berelasi. Semua transaksi into certain transactions with related parties. All
dengan pihak berelasi telah dilakukan dengan transactions with related parties have met the
kebijakan dan syarat yang telah disepakati bersama. agreed terms and conditions.
a. Jenis hubungan a. Type of relationships
Pihak berelasi secara entitas dan/atau Related parties from the entity level and/or
manajemen: management are:
Hubungan pihak berelasi sebagai pemegang Related party relationship as the ultimate
saham utama shareholder
Pemerintah Republik Indonesia melalui The Government of Republic of Indonesia through
Kementerian Keuangan Ministry of Finance
118
Page 780
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
a. Jenis hubungan (lanjutan) a. Type of relationships (continued)
Pihak berelasi secara entitas dan/atau Related parties from the entity level and/or
manajemen: (lanjutan) management are: (continued)
Hubungan pihak berelasi sebagai pemegang Related party relationship as the controlling
saham pengendali shareholder
PT Bank Mandiri (Persero) Tbk PT Bank Mandiri (Persero) Tbk
Hubungan pihak berelasi sebagai pemegang Related party relationship as the shareholder
saham
PT Bank Rakyat Indonesia (Persero) Tbk PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank Negara Indonesia (Persero) Tbk PT Bank Negara Indonesia (Persero) Tbk
PT BRI Danareksa Sekuritas PT BRI Danareksa Sekuritas
PT BNI Life Insurance PT BNI Life Insurance
PT Mandiri Sekuritas PT Mandiri Sekuritas
PT BNI Sekuritas PT BNI Sekuritas
PT Jasa Raharja PT Jasa Raharja
Perum Jamkrindo Perum Jamkrindo
PT ASABRI (Persero) PT ASABRI (Persero)
PT Axa Mandiri Financial Service PT Axa Mandiri Financial Service
Entitas dan lembaga pemerintah Government entities and institutions
BPJS Kesehatan BPJS Kesehatan
BPJS Ketenagakerjaan BPJS Ketenagakerjaan
Dana Pensiun Bank Mandiri Dana Pensiun Bank Mandiri
Lembaga Pembiayaan Ekspor Indonesia Lembaga Pembiayaan Ekspor Indonesia
Perum BULOG Perum BULOG
Perum DAMRI Perum DAMRI
Perum Jasa Tirta I Perum Jasa Tirta I
Perum Jasa Tirta II Perum Jasa Tirta II
Perum Percetakan Negara Republik Indonesia Perum Percetakan Negara Republik Indonesia
Perum Perhutani Perum Perhutani
Perum Perumnas Perum Perumnas
Perum Peruri Perum Peruri
Perusahaan Penerbit SBSN Indonesia Perusahaan Penerbit SBSN Indonesia
PT Adhi Commuter Properti Tbk PT Adhi Commuter Properti Tbk
PT Adhi Jalintim Riau PT Adhi Jalintim Riau
PT Adhi Karya (Persero) Tbk PT Adhi Karya (Persero) Tbk
PT Adhi Persada Beton PT Adhi Persada Beton
PT Adhi Persada Gedung PT Adhi Persada Gedung
PT Adhi Persada Properti PT Adhi Persada Properti
PT Aero Globe Indonesia PT Aero Globe Indonesia
PT Aerofood Indonesia PT Aerofood Indonesia
PT Aerojasa Cargo PT Aerojasa Cargo
PT Agro Medika Nusantara PT Agro Medika Nusantara
PT Agro Sinergi Nusantara PT Agro Sinergi Nusantara
PT Alur Pelayaran Barat Surabaya PT Alur Pelayaran Barat Surabaya
PT Amarta Karya (Persero) PT Amarta Karya (Persero)
PT Aneka Tambang Tbk PT Aneka Tambang Tbk
PT Angkasa Pura I PT Angkasa Pura I
PT Angkasa Pura II PT Angkasa Pura II
PT Angkasa Pura Hotel PT Angkasa Pura Hotel
PT Angkasa Pura Kargo PT Angkasa Pura Kargo
PT Angkasa Pura Logistik PT Angkasa Pura Logistik
PT Angkasa Pura Properti PT Angkasa Pura Properti
PT Angkasa Pura Sarana Digital PT Angkasa Pura Sarana Digital
PT Angkasa Pura Solusi PT Angkasa Pura Solusi
PT Angkasa Pura Solusi Integra PT Angkasa Pura Solusi Integra
PT Angkasa Pura Supports PT Angkasa Pura Supports
119
Page 781
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
a. Jenis hubungan (lanjutan) a. Type of relationships (continued)
Entitas dan lembaga pemerintah (lanjutan) Government entities and institutions (continued)
PT Angkasa Pura Retail PT Angkasa Pura Retail
PT Antam Resourcindo PT Antam Resourcindo
PT ASABRI (Persero) PT ASABRI (Persero)
PT ASDP Indonesia Ferry (Persero) PT ASDP Indonesia Ferry (Persero)
PT Asuransi Asei Indonesia PT Asuransi Asei Indonesia
PT Asuransi BRI Life PT Asuransi BRI Life
PT Asuransi Jasa Indonesia PT Asuransi Jasa Indonesia
PT Asuransi Jasa Indonesia Syariah PT Asuransi Jasa Indonesia Syariah
PT Asuransi Jasa Raharja (Persero) PT Asuransi Jasa Raharja (Persero)
PT Asuransi Jiwa IFG PT Asuransi Jiwa IFG
PT Asuransi Jiwa Inhealth Indonesia PT Asuransi Jiwa Inhealth Indonesia
PT Asuransi Jiwa Taspen PT Asuransi Jiwa Taspen
PT Asuransi Jiwasraya (Persero) PT Asuransi Jiwasraya (Persero)
PT Asuransi Kredit Indonesia (Persero) PT Asuransi Kredit Indonesia (Persero)
PT Asuransi Tugu Pratama Indonesia Tbk PT Asuransi Tugu Pratama Indonesia Tbk
PT Aviasi Pariwisata Indonesia PT Aviasi Pariwisata Indonesia
PT AXA Mandiri Financial Services PT AXA Mandiri Financial Services
PT Bahana Artha Ventura PT Bahana Artha Ventura
PT Bahana Pembinaan Usaha Indonesia PT Bahana Pembinaan Usaha Indonesia
PT Bahana Sekuritas PT Bahana Sekuritas
PT Bahana TCW Investment Management PT Bahana TCW Investment Management
PT Bakti Timah Medika PT Bakti Timah Medika
PT Balai Pustaka PT Balai Pustaka
PT Bandara International Batam PT Bandara International Batam
PT Bank Mandiri Taspen PT Bank Mandiri Taspen
PT Bank Tabungan Negara (Persero) Tbk PT Bank Tabungan Negara (Persero) Tbk
PT Bank Raya Indonesia Tbk PT Bank Raya Indonesia Tbk
PT Barata Indonesia (Persero) PT Barata Indonesia (Persero)
PT Baturaja Multi Usaha PT Baturaja Multi Usaha
PT Berdikari PT Berdikari
PT Berdikari Logistik Indonesia PT Berdikari Logistik Indonesia
PT Berkah Industri Mesin Angkat PT Berkah Industri Mesin Angkat
PT Berkah Multi Cargo PT Berkah Multi Cargo
PT Berlian Jasa Terminal Indonesia PT Berlian Jasa Terminal Indonesia
PT Berlian Manyar Sejahtera PT Berlian Manyar Sejahtera
PT Bhanda Ghara Reksa (Persero) PT Bhanda Ghara Reksa (Persero)
PT Bina Karya (Persero) PT Bina Karya (Persero)
PT Bio Farma (Persero) PT Bio Farma (Persero)
PT Biro Klasifikasi Indonesia (Persero) PT Biro Klasifikasi Indonesia (Persero)
PT BNI Asset Management PT BNI Asset Management
PT BNI Sekuritas PT BNI Sekuritas
PT Borneo Alumina Indonesia PT Borneo Alumina Indonesia
PT Boma Bisma Indra PT Boma Bisma Indra
PT Brantas Abipraya (Persero) PT Brantas Abipraya (Persero)
PT Brantas Total Energi PT Brantas Total Energi
PT BRI Asuransi Indonesia PT BRI Asuransi Indonesia
PT BRI Manajemen Investasi PT BRI Manajemen Investasi
PT BRI Ventura Investama PT BRI Ventura Investama
PT Bukit Asam Medika PT Bukit Asam Medika
PT Bukit Asam Tbk PT Bukit Asam Tbk
PT Bukit Energi Investama PT Bukit Energi Investama
PT Bukit Multi Properti PT Bukit Multi Properti
PT Bukit Prima Bahari PT Bukit Prima Bahari
PT Bukit Multi Investama PT Bukit Multi Investama
PT Bumi Daya Plaza PT Bumi Daya Plaza
PT Bumi Sawindo Permai PT Bumi Sawindo Permai
PT Cinere Serpong Jaya PT Cinere Serpong Jaya
PT Citilink Indonesia PT Citilink Indonesia
PT Citra Lautan Teduh PT Citra Lautan Teduh
PT Cut Meutia Medika Nusantara PT Cut Meutia Medika Nusantara
PT Dahana PT Dahana
PT Danareksa Capital PT Danareksa Capital
120
Page 782
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
a. Jenis hubungan (lanjutan) a. Type of relationships (continued)
Entitas dan lembaga pemerintah (lanjutan) Government entities and institutions (continued)
PT Danareksa Finance PT Danareksa Finance
PT Danareksa (Persero) PT Danareksa (Persero)
PT Danareksa Investment Management PT Danareksa Investment Management
PT Dayamitra Telekomunikasi Tbk PT Dayamitra Telekomunikasi Tbk
PT Dirgantara Indonesia (Persero) PT Dirgantara Indonesia (Persero)
PT Djakarta Lloyd (Persero) PT Djakarta Lloyd (Persero)
PT Dok dan Perkapalan Air Kantung PT Dok dan Perkapalan Air Kantung
PT Dok dan Perkapalan Kodja Bahari (Persero) PT Dok dan Perkapalan Kodja Bahari (Persero)
PT Elnusa Petrofin PT Elnusa Petrofin
PT Elnusa Tbk PT Elnusa Tbk
PT Elnusa Fabrikasi Konstruksi PT Elnusa Fabrikasi Konstruksi
PT Emas Antam Indonesia PT Emas Antam Indonesia
PT Energi Agro Nusantara PT Energi Agro Nusantara
PT Energi Pelabuhan Indonesia PT Energi Pelabuhan Indonesia
PT Energy Management Indonesia (Persero) PT Energy Management Indonesia (Persero)
PT Equiport Inti Indonesia PT Equiport Inti Indonesia
PT Estika Daya Mandiri PT Estika Daya Mandiri
PT Finnet Indonesia PT Finnet Indonesia
PT Fintek Karya Nusantara PT Fintek Karya Nusantara
PT Gag Nikel PT Gag Nikel
PT Games Karya Nusantara PT Games Karya Nusantara
PT Gapura Angkasa PT Gapura Angkasa
PT Garuda Indonesia (Persero) Tbk PT Garuda Indonesia (Persero) Tbk
PT Garuda Maintenance Facility Aero Asia Tbk PT Garuda Maintenance Facility Aero Asia Tbk
PT Graha Investama Bersama PT Graha Investama Bersama
PT Graha Niaga Tata Utama PT Graha Niaga Tata Utama
PT Graha Sarana Duta PT Graha Sarana Duta
PT Griyaton Indonesia PT Griyaton Indonesia
PT Hakaaston PT Hakaaston
PT Haleyora Powerindo PT Haleyora Powerindo
PT HK Realtindo PT HK Realtindo
PT Hutama Karya (Persero) PT Hutama Karya (Persero)
PT Hutama Karya Infrastruktur PT Hutama Karya Infrastruktur
PT Hutama Mambelim Trans Papua PT Hutama Mambelim Trans Papua
PT Indofarma Global Medika PT Indofarma Global Medika
PT Indonesia Asahan Aluminium (Persero) PT Indonesia Asahan Aluminium (Persero)
PT Indonesia Aluminium Alloy PT Indonesia Aluminium Alloy
PT Indonesia Chemical Alumina PT Indonesia Chemical Alumina
PT Indonesia Coal Resources PT Indonesia Coal Resources
PT Indonesia Comnets Plus PT Indonesia Comnets Plus
PT Indonesia Connectivity Investasi PT Indonesia Connectivity Investasi
PT Indonesia Kendaraan Terminal Tbk PT Indonesia Kendaraan Terminal Tbk
PT Indonesia Power PT Indonesia Power
PT Indopelita Aircraft Services PT Indopelita Aircraft Services
PT Indra Karya (Persero) PT Indra Karya (Persero)
PT Industri Kapal Indonesia (Persero) PT Industri Kapal Indonesia (Persero)
PT Industri Karet Nusantara PT Industri Karet Nusantara
PT Industri Kemasan Semen Gresik PT Industri Kemasan Semen Gresik
PT Industri Kereta Api (Persero) PT Industri Kereta Api (Persero)
PT Industri Nabati Lestari PT Industri Nabati Lestari
PT Infomedia Nusantara PT Infomedia Nusantara
PT Infomedia Solusi Humanika PT Infomedia Solusi Humanika
PT Inhutani I PT Inhutani I
PT Inhutani Distrik PT Inhutani Distrik
PT Inka Multi Solusi PT Inka Multi Solusi
PT Inka Multi Solusi Service PT Inka Multi Solusi Service
PT Inka Multi Solusi Trading PT Inka Multi Solusi Trading
PT Inspeksi Sertifikasi dan Survey Indonesia PT Inspeksi Sertifikasi dan Survey Indonesia
121
Page 783
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
a. Jenis hubungan (lanjutan) a. Type of relationships (continued)
Entitas dan lembaga pemerintah (lanjutan) Government entities and institutions (continued)
PT Jaminan Pembiayaan Askrindo Syariah PT Jaminan Pembiayaan Askrindo Syariah
PT Jasa Armada Indonesia Tbk PT Jasa Armada Indonesia Tbk
PT Jasa Marga (Persero) Tbk PT Jasa Marga (Persero) Tbk
PT Jasa Prima Logistik Bulog PT Jasa Prima Logistik Bulog
PT Jasa Raharja PT Jasa Raharja
PT Jasa Tirta Energi PT Jasa Tirta Energi
PT Jasa Tirta Luhur PT Jasa Tirta Luhur
PT Jasamarga Balikpapan Samarinda PT Jasamarga Balikpapan Samarinda
PT Jasamarga Gempol Pasuruan PT Jasamarga Gempol Pasuruan
PT Jasamarga Jalanlayang Cikampek PT Jasamarga Jalanlayang Cikampek
PT Jasamarga Japek Selatan PT Jasamarga Japek Selatan
PT Jasamarga Jogja Solo PT Jasamarga Jogja Solo
PT Jasamarga Kualanamu Tol PT Jasamarga Kualanamu Tol
PT Jasamarga Kunciran Cengkareng PT Jasamarga Kunciran Cengkareng
PT Jasamarga Manado Bitung PT Jasamarga Manado Bitung
PT Jasamarga Ngawi Kertosono Kediri PT Jasamarga Ngawi Kertosono Kediri
PT Jasamarga Pandaan Malang PT Jasamarga Pandaan Malang
PT Jasamarga Related Business PT Jasamarga Related Business
PT Jasamarga Solo Ngawi PT Jasamarga Solo Ngawi
PT Jasamarga Surabaya Mojokerto PT Jasamarga Surabaya Mojokerto
PT Jasamarga Tollroad Maintenance PT Jasamarga Tollroad Maintenance
PT Jasamarga Tollroad Operator PT Jasamarga Tollroad Operator
PT Jasamarga Transjawa Tol PT Jasamarga Transjawa Tol
PT Jasaraharja Putera PT Jasaraharja Putera
PT Jembatan Nusantara PT Jembatan Nusantara
PT KA Properti Manajemen PT KA Properti Manajemen
PT Kalimantan Agro Nusantara PT Kalimantan Agro Nusantara
PT Kalimantan Jawa Gas PT Kalimantan Jawa Gas
PT Kaltim Adhiguna Dermaga PT Kaltim Adhiguna Dermaga
PT Kaltim Daya Mandiri PT Kaltim Daya Mandiri
PT Kaltim Industrial Estate PT Kaltim Industrial Estate
PT Kawasan Berikat Nusantara (Persero) PT Kawasan Berikat Nusantara (Persero)
PT Kawasan Industri Gresik PT Kawasan Industri Gresik
PT Kawasan Industri Makassar PT Kawasan Industri Makassar
PT Kawasan Industri Nusantara PT Kawasan Industri Nusantara
PT Kawasan Industri Terpadu Batang PT Kawasan Industri Terpadu Batang
PT Kawasan Industri Wijayakusuma (Persero) PT Kawasan Industri Wijayakusuma (Persero)
PT KBN Graha Medika PT KBN Graha Medika
PT KBN Prima Logistik PT KBN Prima Logistik
PT Kereta Api Indonesia (Persero) PT Kereta Api Indonesia (Persero)
PT Kereta Api Logistik PT Kereta Api Logistik
PT Kereta Api Pariwisata PT Kereta Api Pariwisata
PT Kereta Commuter Indonesia PT Kereta Commuter Indonesia
PT Kharisma Pemasaran Bersama Nusantara PT Kharisma Pemasaran Bersama Nusantara
PT Kilang Pertamina Balikpapan PT Kilang Pertamina Balikpapan
PT Kimia Farma Apotek PT Kimia Farma Apotek
PT Kimia Farma Diagnostika PT Kimia Farma Diagnostika
PT Kimia Farma Tbk PT Kimia FarmaTbk
PT Kimia Farma Trading & Distribution PT Kimia Farma Trading & Distribution
PT Kliring Berjangka Indonesia PT Kliring Berjangka Indonesia
PT Kodja Terramarin PT Kodja Terramarin
PT Krakatau Bandar Samudera PT Krakatau Bandar Samudera
PT Krakatau Daya Listrik PT Krakatau Daya Listrik
PT Krakatau Global Trading PT Krakatau Global Trading
PT Krakatau Industrial Estate Cilegon PT Krakatau Industrial Estate Cilegon
PT Krakatau Information Technology PT Krakatau Information Technology
PT Krakatau Jasa Industri PT Krakatau Jasa Industri
PT Krakatau Jasa Logistik PT Krakatau Jasa Logistik
PT Krakatau Samudera PT Krakatau Samudera
122
Page 784
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
a. Jenis hubungan (lanjutan) a. Type of relationships (continued)
Entitas dan lembaga pemerintah (lanjutan) Government entities and institutions (continued)
PT Krakatau National Resources PT Krakatau National Resources
PT Krakatau Perbengkelan dan Perawatan PT Krakatau Perbengkelan dan Perawatan
PT Krakatau Pipe Industries PT Krakatau Pipe Industries
PT Krakatau Samudera Solusi PT Krakatau Samudera Solusi
PT Krakatau Sarana Infrastruktur PT Krakatau Sarana Infrastruktur
PT Krakatau Sarana Properti PT Krakatau Sarana Properti
PT Krakatau Steel (Persero) Tbk PT Krakatau Steel (Persero) Tbk
PT Krakatau Tirta Industri PT Krakatau Tirta Industri
PT Krakatau Tirta Operasi dan Pemeliharaan PT Krakatau Tirta Operasi dan Pemeliharaan
PT Krakatau Wajatama PT Krakatau Wajatama
PT Krida Upaya Tunggal PT Krida Upaya Tunggal
PT Laras Astra Kartika PT Laras Astra Kartika
PT Len Industri (Persero) PT Len Industri (Persero)
PT Mandiri Capital Indonesia PT Mandiri Capital Indonesia
PT Mandiri Manajemen Investasi PT Mandiri Manajemen Investasi
PT Mandiri Tunas Finance PT Mandiri Tunas Finance
PT Mandiri Utama Finance PT Mandiri Utama Finance
PT Marga Trans Nusantara PT Marga Trans Nusantara
PT Mega Eltra PT Mega Eltra
PT Menara Antam Sejahtera PT Menara Antam Sejahtera
PT Metra Digital Media PT Metra Digital Media
PT Mitra Bisnis Madani PT Mitra Bisnis Madani
PT Mitra Rakata PT Mitra Rakata
PT Mitra Tours & Travel PT Mitra Tours & Travel
PT Mitra Transaksi Indonesia PT Mitra Transaksi Indonesia
PT Mitra Utama Madani PT Mitra Utama Madani
PT Mulia Sasmita Bhakti PT Mulia Sasmita Bhakti
PT Multi Sentana Baja PT Multi Sentana Baja
PT Multi Terminal Indonesia PT Multi Terminal Indonesia
PT Multimedia Nusantara PT Multimedia Nusantara
PT Nindya Beton PT Nindya Beton
PT Nindya Karya (Persero) PT Nindya Karya (Persero)
PT Nuon Digital Indonesia PT Nuon Digital Indonesia
PT Nusa Karya Arindo PT Nusa Karya Arindo
PT Nusa Pratama Property PT Nusa Pratama Property
PT Nusantara Medika Utama PT Nusantara Medika Utama
PT Nusantara Regas PT Nusantara Regas
PT Nusantara Sebelas Medika PT Nusantara Sebelas Medika
PT Nusantara Terminal Services PT Nusantara Terminal Services
PT Nusantara Turbin Dan Propulsi PT Nusantara Turbin Dan Propulsi
PT Paguntaka Cahaya Nusantara PT Paguntaka Cahaya Nusantara
PT PAL Indonesia (Persero) PT PAL Indonesia (Persero)
PT PAL Marine Services PT PAL Marine Services
PT PANN Pembiayaan Maritim PT PANN Pembiayaan Maritim
PT Patra Drilling Contractor PT Patra Drilling Contractor
PT Patra Logistik PT Patra Logistik
PT Patra Nusa Data PT Patra Nusa Data
PT Patra Telekomunikasi Indonesia PT Patra Telekomunikasi Indonesia
PT Patra Trading PT Patra Trading
PT Pegadaian PT Pegadaian
PT Pelabuhan Bukit Prima PT Pelabuhan Bukit Prima
PT Pelabuhan Indonesia (Persero) PT Pelabuhan Indonesia (Persero)
PT Pelabuhan Indonesia I (Persero) PT Pelabuhan Indonesia I (Persero)
PT Pelabuhan Indonesia II (Persero) PT Pelabuhan Indonesia II (Persero)
PT Pelabuhan Indonesia IV (Persero) PT Pelabuhan Indonesia IV (Persero)
PT Pelabuhan Indonesia Investama PT Pelabuhan Indonesia Investama
PT Pelabuhan Tanjung Priok PT Pelabuhan Tanjung Priok
PT Pelayanan Energi Batam PT Pelayanan Energi Batam
PT Pelayaran Bahtera Adhiguna PT Pelayaran Bahtera Adhiguna
123
Page 785
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
a. Jenis hubungan (lanjutan) a. Type of relationships (continued)
Entitas dan lembaga pemerintah (lanjutan) Government entities and institutions (continued)
PT Pelindo Husada Citra PT Pelindo Husada Citra
PT Pelindo Jasa Maritim PT Pelindo Jasa Maritim
PT Pelindo Marine Service PT Pelindo Marine Service
PT Pelindo Multi Terminal PT Pelindo Multi Terminal
PT Pelindo Properti Indonesia PT Pelindo Properti Indonesia
PT Pelindo Solusi Logistik PT Pelindo Solusi Logistik
PT Pelindo Terminal Petikemas PT Pelindo Terminal Petikemas
PT Pelita Air Service PT Pelita Air Service
PT Pemalang Batang Tol Road PT Pemalang Batang Tol Road
PT Penajam International Terminal PT Penajam International Terminal
PT Pengembang Pelabuhan Indonesia PT Pengembang Pelabuhan Indonesia
PT Pengerukan Indonesia PT Pengerukan Indonesia
PT Pengusahaan Daerah Industri Pulau Batam PT Pengusahaan Daerah Industri Pulau Batam
(Persero) (Persero)
PT Penjaminan Infrastruktur Indonesia (Persero) PT Penjaminan Infrastruktur Indonesia (Persero)
PT Penjaminan Jamkrindo Syariah PT Penjaminan Jamkrindo Syariah
PT Perikanan Indonesia PT Perikanan Indonesia
PT Perikanan Nusantara (Persero) PT Perikanan Nusantara (Persero)
PT Perkebunan Nusantara I PT Perkebunan Nusantara I
PT Perkebunan Nusantara II PT Perkebunan Nusantara II
PT Perkebunan Nusantara III (Persero) PT Perkebunan Nusantara III (Persero)
PT Perkebunan Nusantara IV PT Perkebunan Nusantara IV
PT Perkebunan Nusantara VI PT Perkebunan Nusantara VI
PT Perkebunan Nusantara VII PT Perkebunan Nusantara VII
PT Perkebunan Nusantara VIII PT Perkebunan Nusantara VIII
PT Perkebunan Nusantara X PT Perkebunan Nusantara X
PT Perkebunan Nusantara XII PT Perkebunan Nusantara XII
PT Perkebunan Nusantara XIII PT Perkebunan Nusantara XIII
PT Perkebunan Nusantara XIV PT Perkebunan Nusantara XIV
PT Permata Graha Nusantara PT Permata Graha Nusantara
PT Permodalan Nasional Madani (Persero) PT Permodalan Nasional Madani (Persero)
PT Perta Arun Gas PT Perta Arun Gas
PT Pertagas Niaga PT Pertagas Niaga
PT Pertamina (Persero) PT Pertamina (Persero)
PT Pertamina Bina Medika IHC PT Pertamina Bina Medika IHC
PT Pertamina Drilling Services Indonesia PT Pertamina Drilling Services Indonesia
PT Pertamina EP PT Pertamina EP
PT Pertamina Gas PT Pertamina Gas
PT Pertamina Hulu Indonesia PT Pertamina Hulu Indonesia
PT Pertamina Hulu Kalimantan Timur PT Pertamina Hulu Kalimantan Timur
PT Pertamina Hulu Mahakam PT Pertamina Hulu Mahakam
PT Pertamina Hulu Rokan PT Pertamina Hulu Rokan
PT Pertamina International Shipping PT Pertamina International Shipping
PT Pertamina Lubricants PT Pertamina Lubricants
PT Pertamina Maintenance and Construction PT Pertamina Maintenance and Construction
PT Pertamina Marine Solutions PT Pertamina Marine Solutions
PT Pertamina Patra Niaga PT Pertamina Patra Niaga
PT Pertamina Pedeve Indonesia PT Pertamina Pedeve Indonesia
PT Pertamina Power Indonesia PT Pertamina Power Indonesia
PT Pertamina Retail PT Pertamina Retail
PT Pertamina Training & Consulting PT Pertamina Training & Consulting
PT Pertamina Trans Kontinental PT Pertamina Trans Kontinental
PT Pertani (Persero) PT Pertani (Persero)
PT Peruri Digital Security PT Peruri Digital Security
PT Peruri Properti PT Peruri Properti
PT Peruri Wira Timur PT Peruri Wira Timur
124
Page 786
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
a. Jenis hubungan (lanjutan) a. Type of relationships (continued)
Entitas dan lembaga pemerintah (lanjutan) Government entities and institutions (continued)
PT Perusahaan Pengelola Aset (Persero) PT Perusahaan Pengelola Aset (Persero)
PT Perusahaan Perdagangan Indonesia PT Perusahaan Perdagangan Indonesia
PT Pesonna Indonesia Jaya PT Pesonna Indonesia Jaya
PT Pesonna Optima Jasa PT Pesonna Optima Jasa
PT Peteka Karya Tirta PT Peteka Karya Tirta
PT Petrosida Gresik PT Petrosida Gresik
PT Pelita Indonesia Djaya PT Pelita Indonesia Djaya
PT PG Rajawali II PT PG Rajawali II
PT PGAS Telekomunikasi Nusantara PT PGAS Telekomunikasi Nusantara
PT Phapros Tbk PT Phapros Tbk
PT PIM Prima Medika PT PIM Prima Medika
PT Pindad (Persero) PT Pindad (Persero)
s
PT Pindad Abhipraya Santosa PT Pindad Abhipraya Santosa
PT Pindad Enjiniring Indonesia PT Pindad Enjiniring Indonesia
PT Pindad International Logistic PT Pindad International Logistic
PT Pindad Medika Utama PT Pindad Medika Utama
PT PLN Energi Gas PT PLN Energi Gas
PT PLN Energi Primer Indonesia PT PLN Energi Primer Indonesia
PT PLN Nusantara Power PT PLN Nusantara Power
PT PLN Nusantara Renewables PT PLN Nusantara Renewables
PT PNM Investment Management PT PNM Investment Management
PT PNM Ventura Syariah PT PNM Ventura Syariah
PT PNM Venture Capital PT PNM Venture Capital
PT Pos Indonesia (Persero) PT Pos Indonesia (Persero)
PT Pos Logistik Indonesia PT Pos Logistik Indonesia
PT Pos Properti Indonesia PT Pos Properti Indonesia
PT PP (Persero) Tbk PT PP (Persero) Tbk
PT PP Infrastruktur PT PP Infrastruktur
PT PP Presisi Tbk PT PP Presisi Tbk
PT PP Properti Tbk PT PP Properti Tbk
PT PP Semarang Demak PT PP Semarang Demak
PT PP Sinergi Banjaratma PT PP Sinergi Banjaratma
PT PP Tirta Riau PT PP Tirta Riau
PT PP Urban PT PP Urban
PT PPRO Sampurna Jaya PT PPRO Sampurna Jaya
PT Pratama Mitra Sejati PT Pratama Mitra Sejati
PT Prima Armada Raya PT Prima Armada Raya
PT Prima Husada Cipta Medan PT Prima Husada Cipta Medan
PT Prima Indonesia Logistik PT Prima Indonesia Logistik
PT Prima Layanan Nasional Enjiniring PT Prima Layanan Nasional Enjiniring
PT Prima Medica Nusantara PT Prima Medica Nusantara
PT Prima Multi Terminal PT Prima Multi Terminal
PT Prima Pengembangan Kawasan PT Prima Pengembangan Kawasan
PT Produksi Film Negara (Persero) PT Produksi Film Negara (Persero)
PT Pupuk Indonesia (Persero) PT Pupuk Indonesia (Persero)
PT Pupuk Indonesia Niaga PT Pupuk Indonesia Niaga
PT Pupuk Iskandar Muda PT Pupuk Iskandar Muda
PT Pupuk Kalimantan Timur PT Pupuk Kalimantan Timur
PT Pupuk Kujang Cikampek PT Pupuk Kujang Cikampek
PT Pupuk Sriwidjaja PT Pupuk Sriwidjaja
PT Rajawali Citramass PT Rajawali Citramass
PT Rajawali Nusantara Indonesia (Persero) PT Rajawali Nusantara Indonesia (Persero)
PT Rajawali Nusindo PT Rajawali Nusindo
PT Rajawali Tanjungsari Enjiniring PT Rajawali Tanjungsari Enjiniring
PT Reasuransi Indonesia Utama (Persero) PT Reasuransi Indonesia Utama (Persero)
PT Reasuransi Nasional Indonesia PT Reasuransi Nasional Indonesia
PT Reasuransi Syariah Indonesia PT Reasuransi Syariah Indonesia
PT Rekayasa Engineering PT Rekayasa Engineering
125
Page 787
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
a. Jenis hubungan (lanjutan) a. Type of relationships (continued)
Entitas dan lembaga pemerintah (lanjutan) Government entities and institutions (continued)
PT Rekayasa Industri PT Rekayasa Industri
PT Reska Multi Usaha PT Reska Multi Usaha
PT Riset Perkebunan Nusantara PT Riset Perkebunan Nusantara
PT Rolas Nusantara Medika PT Rolas Nusantara Medika
PT Rumah Sakit Pelabuhan PT Rumah Sakit Pelabuhan
PT Rumah Sakit Pelni PT Rumah Sakit Pelni
PT Sahung Brantas Energi PT Sahung Brantas Energi
PT Saka Energi Indonesia PT Saka Energi Indonesia
PT Sang Hyang Seri PT Sang Hyang Seri
PT Sarana Aceh Ventura PT Sarana Aceh Ventura
PT Sarana Bandar Nasional PT Sarana Bandar Nasional
PT Sarana Jakarta Ventura PT Sarana Jakarta Ventura
PT Sarana Jambi Ventura PT Sarana Jambi Ventura
PT Sarana Jatim Ventura PT Sarana Jatim Ventura
PT Sarana Kalbar Ventura PT Sarana Kalbar Ventura
PT Sarana Kalteng Ventura PT Sarana Kalteng Ventura
PT Sarana Kaltim Ventura PT Sarana Kaltim Ventura
PT Sarana Multi Infrastruktur (Persero) PT Sarana Multi Infrastruktur (Persero)
PT Sarana Multigriya Finansial (Persero) PT Sarana Multigriya Finansial (Persero)
PT Sei Mangkei Nusantara Tiga PT Sei Mangkei Nusantara Tiga
PT Semen Baturaja (Persero) Tbk PT Semen Baturaja (Persero) Tbk
PT Semen Indonesia (Persero) Tbk PT Semen Indonesia (Persero) Tbk
PT Semen Indonesia Beton PT Semen Indonesia Beton
PT Semen Indonesia Logistik PT Semen Indonesia Logistik
1
PT Semen Padang PT Semen Padang
PT Senggigi Pratama Internasional PT Senggigi Pratama Internasional
PT Sepatim Batamtama PT Sepatim Batamtama
PT Sigma Cipta Caraka PT Sigma Cipta Caraka
PT Sigma Cipta Utama PT Sigma Cipta Utama
PT Sigma Mitra Sejati PT Sigma Mitra Sejati
PT Sinergi Colomadu PT Sinergi Colomadu
PT Sinergi Gula Nusantara PT Sinergi Gula Nusantara
PT Sinergi Mitra Investama PT Sinergi Mitra Investama
PT Sinergi Mitra Lestari Indonesia PT Sinergi Mitra Lestari Indonesia
PT Sinkona Indonesia Lestari PT Sinkona Indonesia Lestari
PT Solusi Bangun Beton PT Solusi Bangun Beton
PT Solusi Bangun Indonesia Tbk PT Solusi Bangun Indonesia Tbk
PT Solusi Bangun Andalas PT Solusi Bangun Andalas
PT Sri Pamela Medika Nusantara PT Sri Pamela Medika Nusantara
PT Sucofindo PT Sucofindo
PT Sucofindo Advisory Utama PT Sucofindo Advisory Utama
PT Sucofindo Episi PT Sucofindo Episi
PT Sumberdaya Arindo PT Sumberdaya Arindo
PT Surabaya Industrial Estate Rungkut PT Surabaya Industrial Estate Rungkut
PT Surveyor Indonesia (Persero) PT Surveyor Indonesia (Persero)
PT Surya Energi Indotama PT Surya Energi Indotama
PT Swadharma Sarana Informatika PT Swadharma Sarana Informatika
PT Taman Wisata Candi Borobudur, Prambanan, & PT Taman Wisata Candi Borobudur, Prambanan, &
Ratu Boko Ratu Boko
PT Tanjung Emas Daya Sejahtera PT Tanjung Emas Daya Sejahtera
PT Taspen (Persero) PT Taspen (Persero)
PT Taspen Abadi Sentosa PT Taspen Abadi Sentosa
PT Telekomunikasi Selular PT Telekomunikasi Selular
PT Telemedia Dinamika Sarana PT Telemedia Dinamika Sarana
PT Telkom Akses PT Telkom Akses
PT Telkom Indonesia (Persero) Tbk PT Telkom Indonesia (Persero) Tbk
PT Telkom Satelit Indonesia PT Telkom Satelit Indonesia
126
Page 788
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
a. Jenis hubungan (lanjutan) a. Type of relationships (continued)
Entitas dan lembaga pemerintah (lanjutan) Government entities and institutions (continued)
PT Telkomsel Ekosistem Digital PT Telkomsel Ekosistem Digital
PT Telkomsel Mitra Inovasi PT Telkomsel Mitra Inovasi
PT Terang Wahana Hijau PT Terang Wahana Hijau
PT Terminal Petikemas Surabaya PT Terminal Petikemas Surabaya
PT Terminal Teluk Lamong PT Terminal Teluk Lamong
PT Timah Karya Persada Properti PT Timah Karya Persada Properti
PT Timah Tbk PT Timah Tbk
PT Tirta Tangsel Mandiri PT Tirta Tangsel Mandiri
PT Tracon Industri PT Tracon Industri
PT Trans Jawa Paspro Jalan Tol PT Trans Jawa Paspro Jalan Tol
PT Tugu Pratama Interindo PT Tugu Pratama Interindo
PT Tugu Reasuransi Indonesia PT Tugu Reasuransi Indonesia
PT Tusam Hutani Lestari PT Tusam Hutani Lestari
PT United Tractors Semen Gresik PT United Tractors Semen Gresik
PT Usaha Gedung Mandiri PT Usaha Gedung Mandiri
PT Varia Usaha Bahari PT Varia Usaha Bahari
PT Varia Usaha Beton PT Varia Usaha Beton
PT Varia Usaha Dharma Segara PT Varia Usaha Dharma Segara
PT Varia Usaha Lintas Segara PT Varia Usaha Lintas Segara
PT Wahana Optima Permai PT Wahana Optima Permai
PT Waskita Beton Precast Tbk PT Waskita Beton Precast Tbk
PT Waskita Karya (Persero) Tbk PT Waskita Karya (Persero) Tbk
PT Waskita Karya Infrastruktur PT Waskita Karya Infrastruktur
PT Waskita Modern Realti PT Waskita Modern Realti
PT Waskita Toll Road PT Waskita Toll Road
PT Widya Tirta Selaras PT Widya Tirta Selaras
PT Wijaya Karya (Persero) Tbk PT Wijaya Karya (Persero) Tbk
PT Wijaya Karya Bangunan Gedung Tbk PT Wijaya Karya Bangunan Gedung Tbk
PT Wijaya Karya Beton Tbk PT Wijaya Karya Beton Tbk
PT Wijaya Karya Bitumen PT Wijaya Karya Bitumen
PT Wijaya Karya Industri dan Konstruksi PT Wijaya Karya Industri dan Konstruksi
PT Wijaya Karya Komponen Beton PT Wijaya Karya Komponen Beton
PT Wijaya Karya Pracetak Gedung PT Wijaya Karya Pracetak Gedung
PT Wijaya Karya Realty PT Wijaya Karya Realty
PT Wijaya Karya Rekayasa Konstruksi PT Wijaya Karya Rekayasa Konstruksi
PT Wijaya Karya Serang Panimbang PT Wijaya Karya Serang Panimbang
PT Yodya Karya PT Yodya Karya
Pengendalian kegiatan Bank Control on Bank’s activities
Karyawan kunci Key employees
127
Page 789
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
b. Transaksi dengan pihak berelasi b. Transactions with related parties
Dalam kegiatan perbankan, Bank melakukan For banking activities, the Bank has performed
transaksi dengan pihak berelasi sebagai the following transactions with related parties
berikut: as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Aset Assets
Giro dan penempatan pada Current accounts and placements
bank lain (Catatan 6) with other banks (Note 6)
Pemegang saham pengendali 45,330 57,913 Controlling shareholders
Pemegang saham 82,199 70,636 Shareholders
127,529 128,549
Investasi pada surat berharga Investments in marketable securities
(Catatan 7) (Note 7)
Pemegang saham utama 38,332,450 37,381,958 Ultimate shareholders
Pemegang saham pengendali 118,522 113,886 Controlling shareholders
Pemegang saham 40,836 79,568 Shareholders
Entitas dan lembaga pemerintah 479,392 542,225 Government entities and institutions
38,971,200 38,117,637
Tagihan akseptasi (Catatan 8) Acceptance receivables (Note 8)
Pemegang saham pengendali 32,769 31,564 Controlling shareholders
Pemegang saham 5,136 10,868 Shareholders
Entitas dan lembaga pemerintah 67,772 130,019 Government entities and institutions
105,677 172,451
Piutang murabahah (Catatan 9) Murabahah receivables (Note 9)
Entitas dan lembaga pemerintah 16,225 43,504 Government entities and institutions
Karyawan kunci 37,578 23,379 Key employees
53,803 66,883
Pinjaman qardh (Catatan 10) Funds of qardh (Note 10)
Pemegang saham utama 254,164 - Ultimate shareholders
Entitas dan lembaga pemerintah 262,324 908,077 Government entities and institutions
Karyawan kunci 4,021 2,705 Key employees
520,509 910,782
Pembiayaan mudharabah (Catatan 11) Mudharabah financing (Note 11)
Entitas dan lembaga pemerintah 2,000,000 2,000,000 Government entities and institutions
Pembiayaan musyarakah (Catatan 12) Musyarakah financing (Note 12)
Entitas dan lembaga pemerintah 26,051,089 26,065,721 Government entities and institutions
Karyawan kunci 89,199 76,829 Key employees
26,140,288 26,142,550
Jumlah aset dari pihak berelasi 67,919,006 67,538,852 Total assets from related parties
Jumlah aset 456,192,606 408,613,432 Total assets
Persentase jumlah aset dari
pihak berelasi terhadap Percentage of total assets from
jumlah aset 14.89% 16.53% related parties to total assets
128
Page 790
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
b. Transaksi dengan pihak berelasi (lanjutan) b. Transaction with related parties (continued)
Dalam kegiatan perbankan, Bank melakukan For banking activities, the Bank has performed
transaksi dengan pihak berelasi sebagai the following transactions with related parties
berikut: (lanjutan) as follows: (continued)
31 Desember/ 31 Desember/
December 2025 December 2024
Liabilitas Liabilities
Liabilitas segera (Catatan 16) Obligations due immediately (Note 16)
Entitas dan lembaga Government entities and
pemerintah 9,601 11,156 institutions
Pemegang saham pengendali - 1,662 Controlling shareholders
9,601 12,818
Simpanan wadiah Wadiah deposits
Giro wadiah (Catatan 18) Wadiah demand deposits (Note 18)
Pemegang saham utama 1,576,032 1,324,124 Ultimate shareholders
Pemegang saham 17,488 372 Shareholders
Entitas dan lembaga Government entities and
pemerintah 1,316,887 1,562,248 institutions
Karyawan kunci 212 101 Key employees
2,910,619 2,886,845
Tabungan wadiah (Catatan 19) Wadiah savings deposits (Note 19)
Pemegang Saham 2 - Shareholders
Entitas dan lembaga Government entities and
pemerintah 2,633 6,077 institutions
Karyawan kunci 14,835 7,824 Key employees
17,470 13,901
Jumlah simpanan wadiah 2,928,089 2,900,746 Total wadiah deposits
Simpanan dari bank lain (Catatan 20) Deposits from other banks (Note 20)
Giro wadiah Wadiah demand deposits
Pemegang saham 56 81 Shareholders
Entitas dan lembaga pemerintah 1,119 1,288 Government entities and institutions
1,175 1,369
Sertifikat Pengelolaan Dana
Berdasarkan Prinsip Syariah Sharia Compliant Interbank
Antarbank (“SIPA”) Fund Management Certificate (“SIPA”)
Pemegang saham pengendali - 200,834 Controlling shareholders
Jumlah simpanan bank lain 1,175 202,203 Total deposits from other banks
Liabilitas akseptasi Acceptance liabilities
Pemegang saham pengendali 55,777 65,402 Controlling shareholders
Pemegang saham 97,425 14,205 Shareholders
Entitas dan lembaga pemerintah 41,422 32,746 Government entities and institutions
194,624 112,353
Liabilitas imbalan kerja Employee benefit liablities
Karyawan kunci 23,215 29,680 Key employees
Jumlah liabilitas dari Total liabilities
pihak berelasi 3,156,704 3,257,800 from related parties
Jumlah liabilitas 104,929,242 102,281,321 Total liabilities
Persentase jumlah liabilitas
dari pihak berelasi Percentage of total liabilities from
terhadap jumlah liabilitas 3.01% 3.19% related parties to total liabilities
129
Page 791
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
(lanjutan) (continued)
b. Transaksi dengan pihak berelasi (lanjutan) b. Transaction with related parties (continued)
Dalam kegiatan perbankan, Bank melakukan For banking activities, the Bank has performed
transaksi dengan pihak berelasi sebagai the following transactions with related parties
berikut: (lanjutan) as follows: (continued)
31 Desember/ 31 Desember/
December 2025 December 2024
Dana syirkah temporer Temporary syirkah funds
Giro mudharabah (Catatan 24) Mudharabah demand deposits (Note 24)
Pemegang saham utama 2,968,277 5,977,295 Ultimate shareholders
Pemegang saham 104,226 25,542 Shareholders
Entitas dan lembaga pemerintah 16,212,011 13,811,052 Government entities and institutions
19,284,514 19,813,889
Tabungan mudharabah Mudharabah savings deposits
(Catatan 25) (Note 25)
Pemegang saham 102 - Shareholders
Entitas dan lembaga pemerintah 1,017,825 338,761 Government entities and institutions
Karyawan kunci 90,246 37,007 Key employees
1,108,173 375,768
Deposito mudharabah Mudharabah time deposits
(Catatan 26) (Note 26)
Pemegang saham utama 10,000,000 - Ultimate Shareholders
Pemegang saham 185,220 29,200 Shareholders
Entitas dan lembaga pemerintah 36,843,756 38,037,617 Government entities and institutions
Karyawan kunci 39,316 55,652 Key employees
47,068,292 38,122,469
Sertifikat Investasi Mudharabah Interbank Mudharabah
Antarbank (“SIMA”) (Catatan 27) Investment Certificate (“SIMA”) (Note 27)
Pemegang saham pengendali 450,000 482,850 Controlling shareholders
Pemegang saham 100,000 402,375 Shareholders
550,000 885,225
Sukuk mudharabah Issued mudharabah
diterbitkan (Catatan 28) sukuk (Note 28)
Pemegang saham pengendali 100,000 50,000 Controlling shareholders
Pemegang saham 360,500 34,500 Shareholders
Entitas dan lembaga pemerintah 747,000 281,000 Government entities and institutions
1,207,500 365,500
Sukuk mudharabah Subordinated sukuk
subordinasi (Catatan 29) mudharabah (Note 29)
Entitas dan lembaga pemerintah 55,000 60,000 Government entities and institutions
Jumlah dana syirkah temporer Total temporary syirkah funds
dari pihak berelasi 69,273,479 59,622,851 from related parties
Jumlah dana syirkah temporer 299,310,490 261,290,539 Total temporary syirkah funds
Persentase jumlah dana syirkah
temporer dari pihak berelasi Percentage of total temporary syirkah
terhadap jumlah dana funds from related parties to
syirkah temporer 23.14% 22.82% total temporary syirkah funds
Gaji dan tunjangan, bonus kinerja, imbalan jangka Salaries and allowances, performance based
panjang untuk Dewan Komisaris dan Direksi untuk bonus, long-term benefits for the Board of
periode yang berakhir pada tanggal 31 Desember Commissioners and the Board of Directors for the
2025 dan 2024 sebesar Rp199.730 dan Rp174.879 period ended 31 December 2025 and 2024 are
atau 1,46% dan 1,48% dari jumlah beban Rp199,730 and Rp174,879 or 1.46% and 1.48% of
operasional. total operating expenses.
130
Page 792
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO 46. RISK MANAGEMENT
Bank dalam menjalankan usahanya senantiasa In running its business, the Bank is always faced
dihadapkan pada berbagai risiko. Perkembangan with various risks. Rapid developments in the
yang pesat pada lingkungan eksternal dan internal Bank's external and internal environment have also
Bank juga menyebabkan risiko yang dihadapi Bank caused the risks faced by the Bank to become
menjadi semakin kompleks. Maka dari itu, agar increasingly complex. Therefore, in order to be able
dapat beradaptasi dan mampu bersaing dalam to adapt and be able to compete in the business
lingkungan bisnis, Bank dituntut untuk mampu environment, the Bank is required to be able to
menerapkan manajemen risiko yang andal dan implement reliable and systematic risk
sistematis. Prinsip-prinsip manajemen risiko yang management. The applied risk management
diterapkan harus dapat mendukung Bank untuk principles must be able to support the Bank in being
lebih berhati-hati seiring dengan perkembangan more prudent in line with the increasingly advanced
kegiatan usaha dan operasional perbankan yang developments in business activities and banking
semakin maju. operations.
a. Risiko kredit a. Credit risk
Risiko kredit adalah risiko akibat kegagalan Credit risk is the risk arising from the failure of
nasabah atau pihak lain dalam memenuhi customers or other parties to fulfill their
kewajiban kepada Bank sesuai dengan obligations to the Bank as per the agreed
perjanjian yang disepakati, termasuk risiko contract, including credit risk due to debtor
kredit akibat kegagalan debitur, risiko failure, counterparty credit risk, settlement risk,
konsentrasi kredit (counterparty credit risk), and credit risk due to country risk.
risiko kredit akibat kegagalan penyelesaian
(settlement risk) dan risiko kredit akibat country
risk.
Pengelolaan risiko kredit yang dilakukan Bank The credit risk management carried out by the
antara lain dengan meningkatkan Bank are by improving the balance between
keseimbangan antara ekspansi pembiayaan healthy financing expansion and financing
yang sehat dan pengelolaan pembiayaan management by taking into account the
dengan memperhatikan prinsip prudensialitas principle of prudentiality to avoid a decrease in
agar terhindar dari penurunan kualitas the quality of financing. In addition, the Bank
pembiayaan. Selain itu, Bank juga berupaya also seeks to reduce credit risk exposure
untuk mengurangi eksposur risiko kredit, di through various credit risk mitigation by using a
antaranya melalui berbagai langkah mitigasi number of techniques, such as collateral and
risiko kredit dengan menggunakan sejumlah third party guarantees.
teknik seperti agunan dan jaminan pihak ketiga.
Bank melakukan pengelolaan risiko kredit The Bank manages credit risk by:
melalui:
a. Pembiayaan Wholesale a. Wholesale Financing
1. Perencanaan Pembiayaan 1. Financing Planning
a) Setting risk koridor a) Setting risk corridor
b) Anchor client dan client tiering b) Anchor client and client tiering
c) Manajemen limit dan manajemen c) Limit and pipeline management
pipeline
d) Portfolio guideline d) Portfolio guideline
2. Proses Akuisisi 2. Acquisition Process
a) Proses analisa nasabah yang a) Comprehensive customer’s due
komprehensif diligence
b) Assessment risiko nasabah b) Risk assessment for wholesale
pembiayaan wholesale melalui financing customers through
financing risk rating financing risk rating
c) Implementasi four eyes principle c) Implementation four eyes principle
d) Pemahaman dan penguasaan d) Understanding and mastery of
proses bisnis business process
e) Risk mitigation melalui term & e) Risk mitigation by term & condition
condition dan covenant and covenant
131
Page 793
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
Bank melakukan pengelolaan risiko kredit The Bank manages credit risk by: (continued)
melalui: (lanjutan)
a. Pembiayaan Wholesale (lanjutan) a. Wholesale Financing (continued)
3. Pemeliharaan & Pemantauan Intensif 3. Maintenance & Intensive Monitoring
a) Monitoring portfolio mix a) Portfolio mix monitoring
b) Account mapping dan klasifikasi b) Mapping account and risk
risiko classification
c) Reviu tahunan c) Annual review
d) Watchlist alert d) Watchlist alert
e) Evaluasi Financing Risk Rating e) Financing Risk Rating Evaluation
f) Evaluasi Cadangan Kerugian f) Allowance for Impairment Losses
Penurunan Nilai (“CKPN”) (“CKPN”) Evaluation
g) Pemantauan pemenuhan g) Covenant fulfillment monitoring
covenant
h) Pemantauan second way out h) Second way out monitoring
i) Evaluasi Portfolio Guidline i) Portfolio Guidline Evaluation
4. Optimal Collection & Recovery 4. Optimal Collection & Recovery
a) Restrukturisasi a) Restructuring
b) Pemetaan nasabah sesuai b) Customer mapping based on
kuadran dan penetapan strategi quadrants and setting strategy as
serta action plan well as action plan
c) Penyiapan infrastruktur & sistem c) Preparation of Collection &
Collection & Recovery Recovery infrastructure & systems
d) Pemantauan NPF dan Write Off d) NPF and Write Off monitoring
e) Program Booster Collection & e) Booster Collection & Recovery
Recovery Program
b. Pembiayaan Ritel b. Retail Financing
1. Perencanaan Pembiayaan 1. Financing Planning
a) Fokus segmen & penetapan a) Segment focus & determined
targeted customer targeted customer
b) Penetapan RAC & fitur produk b) RAC & product features setting
c) Program produk c) Product program
d) Portfolio Guideline d) Portfolio Guideline
2. Proses Akuisisi 2. Acquisition Process
a) Memastikan akuisisi nasabah a) Ensuring customer acquisition
sesuai target pasar, fitur produk based on target market, product
dan RAC features and RAC
b) Assessment risiko nasabah b) Risk assessment for retail
pembiayaan ritel melalui scoring financing customers through
scoring
c) Implementasi four eyes principle c) The four eyes principle
implementation
d) Proses verifikasi: pendapatan, d) Verification process: income,
dokumen dan nasabah document and customer
e) Implementasi scoring model e) Scoring model implementation
3. Pemeliharaan & Pemantauan Intensif 3. Maintenance & Intensive Monitoring
a) Pemantauan portofolio dan a) Portfolio and quality monitoring
kualitas
b) Reviu Watchlist dan reviu tahunan b) Watchlist review and annual review
(batas SME > Rp5.000) (SME limit > Rp5,000)
c) Pemeliharaan Scoring System c) Scoring System maintenance
d) Pemantauan post transaction: d) Post transaction monitoring:
covenant, second way out, covenant, second way out,
committed to payroll, Perjanjian committed to payroll, Non-Payroll
Kerjasama Non-payroll, hasil Cooperation Agreement,
welcoming call welcoming call result
e) Evaluasi scoring model e) Scoring model evaluation
f) Evaluasi Portfolio Guidline f) Portfolio Guidline Evaluation
132
Page 794
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
Bank melakukan pengelolaan risiko kredit The Bank manages credit risk by: (continued)
melalui: (lanjutan)
b. Pembiayaan Ritel (lanjutan) b. Retail Financing (continued)
4. Optimal Collection & Recovery 4. Optimal Collection & Recovery
a) Restrukturisasi a) Restructuring
b) Mobile Collection b) Mobile Collection
c) Enchancement sistem collection c) Enhancement collection system
d) Pemantauan NPF dan WO d) NPF and WO monitoring
e) Program Booster Collection & e) Booster Collection & Recovery
Recovery program
f) Pemantauan Sistem Klaim & f) Claim & Subrogation Monitoring
Subrogasi System
(i) Kualitas aset keuangan (i) Financial assets quality
Tabel di bawah menunjukkan kualitas aset The following tables show the quality of
keuangan berdasarkan golongan aset financial assets by asset class for all
untuk semua aset keuangan yang financial assets exposed by credit risk
mempunyai risiko kredit (diluar cadangan (excluding allowance for impairment
kerugian penurunan nilai): losses):
31 Desember/December 2025
Telah jatuh
Belum jatuh tempo atau tempo tetapi
tidak mengalami penurunan tidak
nilai/Neither past due mengalami
nor impaired penurunan
nilai/ Mengalami
Tingkat Past due penurunan
Tingkat tinggi/ standar/ but not nilai/ Jumlah/
High grade Standard grade impaired Impaired Total
Aset Assets
Giro dan penempatan pada Current accounts and placements
Bank Indonesia 51,603,043 - - - 51,603,043 with Bank Indonesia
Giro dan penempatan pada Current accounts and placements
bank lain 4,568,449 - - - 4,568,449 with other banks
Investments in marketable
Investasi pada surat berharga 59,682,602 - - - 59,682,602 securities
Tagihan akseptasi 693,116 - - - 693,116 Acceptance receivables
Piutang murabahah 134,680,584 8,697,956 2,304,607 3,645,007 149,328,154 Murabahah receivables
Piutang istishna - - - - - Istishna receivables
Piutang ijarah 145,398 5,165 2,418 13,518 166,499 Ijarah receivables
Pinjaman qardh 16,692,305 700,948 50,358 278,317 17,721,928 Funds of qardh
Pembiayaan mudharabah 2,864,007 - - 25,302 2,889,309 Mudharabah financing
Pembiayaan musyarakah 131,306,076 8,714,677 3,072,139 1,778,882 144,871,774 Musyarakah financing
Aset lain-lain*) 1,196,439 74,128 16,331 - 1,286,898 Other assets*)
403,432,019 18,192,874 5,445,853 5,741,026 432,811,772
31 Desember/December 2024
Telah jatuh
Belum jatuh tempo atau tempo tetapi
tidak mengalami penurunan tidak
nilai/Neither past due mengalami
nor impaired penurunan
nilai/ Mengalami
Tingkat Past due penurunan
Tingkat tinggi/ standar/ but not nilai/ Jumlah/
High grade Standard grade impaired Impaired Total
Aset Assets
Giro dan penempatan pada Current accounts and placements
Bank Indonesia 49,966,279 - - - 49,966,279 with Bank Indonesia
Giro dan penempatan pada Current accounts and placements
bank lain 3,880,874 - - - 3,880,874 with other banks
Investments in marketable
Investasi pada surat berharga 62,251,806 - - - 62,251,806 securities
Tagihan akseptasi 185,145 - - - 185,145 Acceptance receivables
Piutang murabahah 136,369,827 2,438,836 2,156,308 3,307,563 144,272,534 Murabahah receivables
Piutang istishna 11 - - - 11 Istishna receivables
Piutang ijarah 166,065 2,657 2,220 17,419 188,361 Ijarah receivables
Pinjaman qardh 12,997,531 455,249 43,157 277,847 13,773,784 Funds of qardh
Pembiayaan mudharabah 2,869,536 - - 67,543 2,937,079 Mudharabah financing
Pembiayaan musyarakah 102,812,355 6,991,160 2,791,965 1,591,738 114,187,218 Musyarakah financing
Aset lain-lain*) 1,221,765 37,634 11,361 - 1,270,760 Other assets*)
372,721,194 9,925,536 5,005,011 5,262,110 392,913,851
*) *)
Aset lain-lain terdiri atas piutang pendapatan yang masih akan Other assets consist of income receivables
diterima
133
Page 795
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(i) Kualitas aset keuangan (lanjutan) (i) Financial assets quality (continued)
Kualitas aset keuangan didefinisikan Financial assets quality are defined as
sebagai berikut: follows:
Tingkat tinggi High grade
(a) Giro dan penempatan pada Bank (a) Current accounts and placements
Indonesia, giro dan penempatan with Bank Indonesia, current
pada bank lain yaitu giro atau accounts and placements with other
penempatan pada institusi banks are current accounts or
Pemerintah, institusi Pemerintah placements with the Government
Daerah, bank yang terdaftar di bursa institutions, Local Government
serta transaksi dengan bank yang institutions, banks listed on the stock
memiliki reputasi baik dengan tingkat exchange and transactions with
kemungkinan gagal bayar atas reputable banks with low probability
kewajiban yang rendah. of default on liabilities.
(b) Investasi pada surat berharga yaitu (b) Investments in marketable securities
surat berharga yang diterbitkan oleh are securities issued by Government,
Pemerintah, efek-efek dan obligasi securities and bonds that are
yang termasuk dalam investment included in investment grade with
grade dengan rating minimal idBBB rating at least idBBB (Pefindo), BBB+
(Pefindo), BBB+ (S&P), Baa1 (S&P), Baa1 (Moody’s) or BBB+
(Moody’s) atau BBB+ (Fitch). (Fitch).
(c) Pembiayaan, piutang, dan pinjaman (c) Financing, receivables and funds are
yaitu pembiayaan, piutang, dan financing, receivables and funds to
pinjaman kepada debitur dengan debtors with excellent payments
riwayat pembayaran yang sangat history and never being in arrears
baik dan tidak pernah menunggak throughout the financing period and
sepanjang jangka waktu pembiayaan debtors whose accounts have never
dan debitur dengan riwayat tidak been restructured.
pernah direstrukturisasi.
(d) Aset lain-lain yaitu piutang kepada (d) Other assets are receivables from
Pemerintah (termasuk Bank Government (including Bank
Indonesia) atau Pemerintah Daerah Indonesia) or local government such
seperti piutang pendapatan yang as income receivables.
masih akan diterima.
Tingkat standar Standard grade
(a) Giro dan penempatan pada bank lain (a) Current accounts and placements
yaitu giro atau penempatan pada with other banks are current
bank yang tidak terdaftar di bursa. accounts or placements with non-
listed banks.
(b) Investasi pada surat berharga yaitu (b) Investments in marketable securities
surat berharga yang termasuk dalam are non-investment grade securities
non-investment grade dengan rating with a minimum rating of idBB
minimal idBB (Pefindo), BBB- (S&P), (Pefindo), BBB- (S&P), Baa3
Baa3 (Moody’s) atau BBB- (Fitch). (Moody’s) or BBB- (Fitch).
(c) Pembiayaan, piutang dan pinjaman (c) Financing, receivables and funds are
yaitu pembiayaan, piutang dan financing, receivables and funds to
pinjaman kepada debitur dengan debtors with a good payment history
riwayat pembayaran yang baik dan and debtors whose accounts have
debitur dengan riwayat pernah been restructured.
direstrukturisasi.
134
Page 796
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(i) Kualitas aset keuangan (lanjutan) (i) Financial assets quality (continued)
Kualitas aset keuangan didefinisikan Financial assets quality are defined as
sebagai berikut: (lanjutan) follows: (continued)
Tingkat standar (lanjutan) Standard grade (continued)
(d) Aset lain-lain yaitu aset keuangan (d) Other assets are financial assets
lainnya selain piutang pendapatan other than income receivables from
yang masih akan diterima kepada Government or Local Government
Pemerintah atau Pemerintah Daerah such as other receivables to third
seperti tagihan rupa-rupa kepada parties.
pihak ketiga lainnya.
Berdasarkan PSAK 107, aset keuangan According to SFAS 107, past due financial
yang telah jatuh tempo ditentukan ketika assets are determined when the debtor
debitur gagal melakukan pembayaran fails to make payments on schedule. The
sesuai jadwal. Tabel di bawah table below shows aging analysis of past
menunjukkan aging analysis terhadap aset due but not impaired of financial assets:
keuangan yang diberikan yang telah jatuh
tempo tetapi tidak mengalami penurunan
nilai:
31 Desember/December 2025
≤ 30 hari/ 31 - 60 hari/ 61 - 90 hari/ Jumlah/
days days days Total
Piutang murabahah 1,078,254 625,732 600,621 2,304,607 Murabahah receivables
Piutang ijarah 515 1,154 749 2,418 Ijarah receivables
Pinjaman qardh 38,782 10,141 1,435 50,358 Funds of qardh
Pembiayaan musyarakah 2,783,752 223,474 64,913 3,072,139 Musyarakah financing
Aset lain-lain*) 7,491 6,041 2,799 16,331 Other assets*)
3,908,794 866,542 670,517 5,445,853
31 Desember/December 2024
≤ 30 hari/ 31 - 60 hari/ 61 - 90 hari/ Jumlah/
days days days Total
Piutang murabahah 1,051,945 576,261 528,102 2,156,308 Murabahah receivables
Piutang ijarah 840 251 1,129 2,220 Ijarah receivables
Pinjaman qardh 28,917 11,945 2,295 43,157 Funds of qardh
Pembiayaan musyarakah 2,678,490 76,347 37,128 2,791,965 Musyarakah financing
Aset lain-lain*) 5,734 3,710 1,917 11,361 Other assets*)
3,765,926 668,514 570,571 5,005,011
*) *)
Aset lain-lain terdiri atas piutang pendapatan yang masih akan Other assets consist of income receivables
diterima
135
Page 797
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(ii) Analisis konsentrasi risiko (ii) Risk concentration analysis
(a) Sektor geografis (a) Geographical sectors
Tabel berikut menggambarkan The following tables show the details
rincian eksposur kredit yang of credit exposures categorised
dikategorikan berdasarkan wilayah by geographical area as at
geografis pada tanggal 31 December 2025 and 2024. The
31 Desember 2025 dan 2024. geographical area grouping is based
Pengelompokan wilayah geografis on the Bank’s business operations
berdasarkan tempat beroperasinya which also illustrates the business
bisnis Bank yang sekaligus potential of each region:
menggambarkan potensial bisnis
wilayah masing-masing:
31 Desember/December 2025
Indonesia Timur
dan Bali/
Kalimantan/ East Indonesia Lainnya/ Jumlah/
Jabodetabek Jawa/Java*) Sumatra Borneo and Bali Others Total
Aset Assets
Giro dan penempatan pada Current accounts and placements
Bank Indonesia 51,603,043 - - - - - 51,603,043 with Bank Indonesia
Giro dan penempatan pada Current accounts and placements
bank lain 4,565,859 1 540 1 2,025 23 4,568,449 with other banks
Investasi pada Investments in
surat berharga 59,553,956 115,136 13,510 - - - 59,682,602 marketable securities
Tagihan akseptasi 641,251 37,836 14,029 - - - 693,116 Acceptance receivables
Piutang murabahah 45,795,671 35,369,520 41,442,407 13,224,146 13,496,410 - 149,328,154 Murabahah receivables
Piutang istishna - - - - - - - Istishna receivables
Piutang ijarah 20,188 55,565 45,665 4,758 40,323 - 166,499 Ijarah financing
Pinjaman qardh 5,598,948 4,397,568 3,125,417 1,173,062 3,172,769 254,164 17,721,928 Funds of qardh
Pembiayaan mudharabah 2,113,976 527,420 228,010 4 19,899 - 2,889,309 Mudharabah financing
Pembiayaan musyarakah 72,790,036 22,944,019 30,862,822 7,296,654 10,578,043 400,200 144,871,774 Musyarakah financing
Aset lain-lain**) 988,751 98,197 83,336 23,957 84,895 7,762 1,286,898 Other assets**)
243,671,679 63,545,262 75,815,736 21,722,582 27,394,364 662,149 432,811,772
Cadangan kerugian Allowance for
penurunan nilai (11,039,213) impairment losses
Neto 421,772,559 Net
Rekening administratif Administrative accounts
Fasilitas pembiayaan
yang belum digunakan 4,780,747 306,102 565,714 29,332 8,563 - 5,690,458 Unused financing facilities
L/C yang tidak dapat dibatalkan 46,562 - 61,616 - - - 108,178 Irrevocable L/C
Bank garansi yang diterbitkan 1,851,069 131,081 458,894 18,491 20,905 - 2,480,440 Bank guarantees issued
6,678,378 437,183 1,086,224 47,823 29,468 - 8,279,076
31 Desember/December 2024
Indonesia Timur
dan Bali/
Kalimantan/ East Indonesia Lainnya/ Jumlah/
Jabodetabek Jawa/Java*) Sumatra Borneo and Bali Others Total
Aset Assets
Giro dan penempatan pada Current accounts and placements
Bank Indonesia 49,966,279 - - - - - 49,966,279 with Bank Indonesia
Giro dan penempatan pada Current accounts and placements
bank lain 3,877,702 1 2,838 2 331 - 3,880,874 with other banks
Investasi pada Investments in
surat berharga 62,061,900 171,820 18,086 - - - 62,251,806 marketable securities
Tagihan akseptasi 142,589 42,556 - - - - 185,145 Acceptance receivables
Piutang murabahah 42,193,159 33,304,210 42,128,094 12,818,821 13,828,250 - 144,272,534 Murabahah receivables
Piutang istishna - 11 - - - - 11 Istishna receivables
Piutang ijarah 23,034 56,676 51,733 6,022 50,896 - 188,361 Ijarah financing
Pinjaman qardh 5,084,526 3,093,729 2,431,501 897,166 2,266,862 - 13,773,784 Funds of qardh
Pembiayaan mudharabah 2,159,867 565,598 199,541 5 12,068 - 2,937,079 Mudharabah financing
Pembiayaan musyarakah 61,156,477 18,933,010 22,072,923 4,645,877 6,824,312 554,619 114,187,218 Musyarakah financing
**)
Aset lain-lain 1,065,310 67,845 55,885 16,717 59,138 5,865 1,270,760 Other assets**)
227,730,843 56,235,456 66,960,601 18,384,610 23,041,857 560,484 392,913,851
Cadangan kerugian Allowance for
penurunan nilai (10,343,630) impairment losses
Neto 382,570,221 Net
Rekening administratif Administrative accounts
Fasilitas pembiayaan
yang belum digunakan 1,720,153 95,332 299,757 16,133 7,513 - 2,138,888 Unused financing facilities
L/C yang tidak dapat dibatalkan 344,941 1,196 18,450 - - - 364,587 Irrevocable L/C
Bank garansi yang diterbitkan 1,463,676 115,718 401,175 32,259 27,897 - 2,040,725 Bank guarantees issued
3,528,770 212,246 719,382 48,392 35,410 - 4,544,200
*) *)
Pulau Jawa tidak termasuk area Jabodetabek Java island excludes Jabodetabek area
**) **)
Aset lain-lain terdiri atas piutang pendapatan yang masih akan diterima Other assets consist of income receivables
136
Page 798
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(ii) Analisis konsentrasi risiko (lanjutan) (ii) Risk concentration analysis (continued)
(b) Sektor industri (b) Industrial sector
Tabel berikut menggambarkan The following tables show the details
rincian eksposur kredit pada nilai of the credit exposure at the carrying
tercatat yang dikategorikan amount categorised by industrial
berdasarkan sektor industri pada sector as at 31 December 2025 and
tanggal 31 Desember 2025 dan 2024:
2024:
31 Desember/December 2025
Pemerintah
(termasuk Bank dan
Bank lembaga
Indonesia)/ keuangan
Government lainnya/ Perusahaan
(including Banks and lainnya/
Bank other financial Other Perseorangan/ Jumlah/
Indonesia) institutions companies Individuals Total
Aset Assets
Current accounts and
Giro dan penempatan pada placements with
Bank Indonesia 51,603,043 - - - 51,603,043 Bank Indonesia
Giro dan penempatan Current accounts and
pada bank lain - 4,568,449 - - 4,568,449 placement with other banks
Investments in
Investasi pada surat berharga 56,471,213 3,211,389 - - 59,682,602 marketable securities
Tagihan akseptasi - 54,833 638,283 - 693,116 Acceptance receivables
Piutang murabahah 711 4,749 10,810,218 138,512,476 149,328,154 Murabahah receivables
Piutang istishna - - - - - Istishna receivables
Piutang ijarah - - 626 165,873 166,499 Ijarah financing
Pinjaman qardh 495,431 - 4,232,814 12,993,683 17,721,928 Funds of qardh
Pembiayaan mudharabah 2,000,000 389,803 484,866 14,640 2,889,309 Mudharabah financing
Pembiayaan musyarakah 21,604,225 1,845,333 63,440,262 57,981,954 144,871,774 Musyarakah financing
Aset lain-lain*) 931,570 474 42,810 312,044 1,286,898 Other assets*)
133,106,193 10,075,030 79,649,879 209,980,670 432,811,772
Cadangan kerugian Allowance for
penurunan nilai (11,039,213) impairment losses
Neto 421,772,559 Net
Rekening Administratif Administrative Accounts
Fasilitas pembiayaan yang Unused financing
belum digunakan 1,941,294 2,249,401 1,247,711 252,052 5,690,458 facilities
L/C yang tidak dapat dibatalkan - - 108,178 - 108,178 Irrevocable L/C
Bank garansi yang diterbitkan 390,164 38,744 2,025,327 26,205 2,480,440 Bank guarantees issued
2,331,458 2,288,145 3,381,216 278,257 8,279,076
*) *)
Aset lain-lain terdiri atas piutang pendapatan yang masih Other assets consist of income receivables
akan diterima
137
Page 799
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(ii) Analisis konsentrasi risiko (lanjutan) (ii) Risk concentration analysis (continued)
(b) Sektor industri (lanjutan) (b) Industrial sector (continued)
Tabel berikut menggambarkan The following tables show the details
rincian eksposur kredit pada nilai of the credit exposure at the carrying
tercatat yang dikategorikan amount categorised by industrial
berdasarkan sektor industri pada sector as at 31 December 2025 and
tanggal 31 Desember 2025 dan 2024: (continued)
2024: (lanjutan)
31 Desember/December 2024
Pemerintah
(termasuk Bank dan
Bank lembaga
Indonesia)/ keuangan
Government lainnya/ Perusahaan
(including Banks and lainnya/
Bank other financial Other Perseorangan/ Jumlah/
Indonesia) institutions companies Individuals Total
Aset Assets
Current accounts and
Giro dan penempatan pada placements with
Bank Indonesia 49,966,279 - - - 49,966,279 Bank Indonesia
Giro dan penempatan Current accounts and
pada bank lain - 3,880,874 - - 3,880,874 placement with other banks
Investments in
Investasi pada surat berharga 58,752,476 2,940,530 558,800 - 62,251,806 marketable securities
Tagihan akseptasi 51,840 50,496 82,809 - 185,145 Acceptance receivables
Piutang murabahah 905 7,642 9,261,860 135,002,127 144,272,534 Murabahah receivables
Piutang istishna - - - 11 11 Istishna receivables
Piutang ijarah - - 5,284 183,077 188,361 Ijarah financing
Pinjaman qardh 771,543 - 4,010,476 8,991,765 13,773,784 Funds of qardh
Pembiayaan mudharabah 2,000,000 368,310 544,341 24,428 2,937,079 Mudharabah financing
Pembiayaan musyarakah 14,605,048 1,659,965 56,962,439 40,959,766 114,187,218 Musyarakah financing
Aset lain-lain*) 1,009,412 4,557 47,453 209,338 1,270,760 Other assets*)
127,157,503 8,912,374 71,473,462 185,370,512 392,913,851
Cadangan kerugian Allowance for
penurunan nilai (10,343,630) impairment losses
Neto 382,570,221 Net
Rekening Administratif Administrative Accounts
Fasilitas pembiayaan yang Unused financing
belum digunakan 48,751 1,420,812 564,968 104,357 2,138,888 facilities
L/C yang tidak dapat dibatalkan 137,527 - 227,060 - 364,587 Irrevocable L/C
Bank garansi yang diterbitkan 251,201 59,536 1,699,968 30,020 2,040,725 Bank guarantees issued
437,479 1,480,348 2,491,996 134,377 4,544,200
*) *)
Aset lain-lain terdiri atas piutang pendapatan yang masih Other assets consist of income receivables
akan diterima
(iii) Analisis eksposur maksimum terhadap (iii) Analysis of maximum exposure to
risiko kredit setelah memperhitungkan credit risk after considering the impact
dampak agunan dan mitigasi risiko of collateral and other credit risk
kredit lainnya mitigation
1. Secured financing 1. Secured financing
2. Partially secured financing 2. Partially secured financing
Untuk secured financing, Bank For secured financing, the Bank
menetapkan jenis dan nilai agunan yang determined the type and value of collateral
dijaminkan sesuai skema pembiayaan. according to the financing scheme. Types
Jenis dari agunan adalah sebagai berikut: of collateral are as follows:
a. Physical collateral, berupa objek a. Physical collateral, in the form of
benda bergerak maupun tidak movable or immovable objects,
bergerak antara lain: kendaraan includes: motor vehicles, land and
bermotor, tanah dan bangunan, serta buildings, as well as other properties.
properti lainnya.
138
Page 800
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
Untuk secured financing, Bank For secured financing, the Bank
menetapkan jenis dan nilai agunan yang determined the type and value of collateral
dijaminkan sesuai skema pembiayaan. according to the financing scheme. Types
Jenis dari agunan adalah sebagai berikut of collateral are as follows (continued):
(lanjutan):
b. Financial collateral, berupa simpanan b. Financial collateral, such as deposits
(tabungan, giro, deposito), surat (savings, current accounts, time
berharga, dan emas. Apabila terjadi deposits), securities and gold. In case
default (gagal bayar), Bank akan of default, the Bank will use the
menggunakan agunan tersebut collateral as the last resort to recover
sebagai pilihan terakhir untuk counterparty obligations.
pemenuhan kewajiban counterparty.
Partially secured financing terdiri dari Partially secured financing consists of
pembiayaan untuk golongan financing for fixed income employees,
berpenghasilan tetap, pembiayaan financing for retirees and other
untuk para pensiunan dan consumer financing. In their payment
pembiayaan konsumer lainnya. Dalam obligations, partially secured financing
pembayaran kewajibannya, partially is generally made through automatic
secured financing umumnya dilakukan payroll deduction. Hence, the risk level
melalui pemotongan penghasilan of partially secured financing is not as
secara otomatis. Dengan demikian, big as the carrying value.
tingkat risiko dari partially secured
financing tidak sebesar nilai tercatat
pembiayaannya.
Mitigasi risiko kredit untuk partially Credit risk mitigations for partially
secured financing terdiri dari surat secured financing consists of
keputusan pengangkatan pegawai dan employee recruitment decision letter
surat keterangan pensiun and certificate of retirement.
b. Risiko pasar b. Market risk
Risiko pasar adalah risiko akibat perubahan Market risk is the risk due to changes in market
harga pasar, antara lain risiko dari perubahan prices, such as risks of changes in the value of
nilai aset yang dapat diperdagangkan atau assets that can be traded or leased. Market risk
disewakan. Risiko pasar terdiri dari dua jenis consists of two types of risk: exchange rate risk
risiko: risiko nilai tukar dan risiko benchmark and interest rate benchmark risk.
suku bunga.
Bank melakukan pengelolaan risiko pasar The Bank manages market risk through:
melalui:
- Menerapkan prinsip segregation of duty - Applying the principle of segregation of duty
dengan memisahkan fungsi front office, by separating the functions of the front office,
middle office, dan back office dalam middle office, and back office in the carrying
pelaksanaan transaksi surat berharga dan out securities and foreign exchange
valuta asing. transactions.
- Menerapkan segregation of duty dalam - Applying segregation of duty in carrying out
pelaksanaan transaksi treasury antara treasury transaction between dealer and
dealer dan supervisor. supervisor.
- Melakukan cut loss posisi terbuka instrumen - Doing trading instrument open position cut
trading apabila terdapat penurunan harga loss if market price decline.
pasar.
- Melakukan reviu terhadap kebijakan dan - Reviewing policies and standard operating
standar prosedur operasi yang terkait procedures related to market risk
dengan pengelolaan risiko pasar. management.
- Menetapkan batas risiko pasar mencakup - Setting market risk limits include Net Open
Posisi Devisa Neto (“PDN””), Value at Risk Position (“NOP”), Value at Risk (“VaR”),
(“VaR”), Posisi Terbuka, Stop Loss, Open Position, Stop Loss, Treasury
Transaksi Treasury, dan Cut Loss. Transactions, and Cut Loss.
139
Page 801
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
b. Risiko pasar (lanjutan) b. Market risk (continued)
Bank melakukan pengelolaan risiko pasar The Bank manages market risk through
melalui (lanjutan): (continued):
- Melakukan pengukuran risiko pasar - Conducting market risk measurement using
menggunakan VaR, Sensitivitas dan Stress VaR, Sensitivity Analysis and Stress Test.
Test.
- Memantau pergerakan indikator eksternal - Monitoring the movement of external
antara lain nilai tukar Dolar Amerika indicators including the United States
Serikat/Rupiah, yield, surat berharga Dollar/Rupiah exchange rate, yield,
pemerintah, tingkat imbal hasil pasar, harga government securities, market yields, gold
emas, Indonesia Overnight Index Average prices, Indonesia Overnight Index Average
(”IndONIA”), dan informasi pasar terkini. (”IndONIA”) and the latest market
information.
- Melakukan mark to market surat berharga - Conducting mark to market toward
dan revaluasi kurs secara harian. marketable securities and daily foreign
exchange rate revaluation.
Risiko benchmark suku bunga Benchmark rate risk
Risiko benchmark suku bunga merupakan risiko Benchmark rate risk is the risk due to changes
akibat perubahan harga instrumen keuangan, in financial instrument prices, such as sukuk,
antara lain sukuk, dari posisi trading book yang from trading book positions caused by changes
disebabkan oleh perubahan suku bunga. Risiko in interest rates. Benchmark rate risk which
benchmark suku bunga yang terdiri atas risiko consists of specific risk and general risk is taken
spesifik dan risiko umum diperhitungkan dalam into account in the Risk Weighted Assets
penilaian Aset Tertimbang Menurut Risiko untuk valuation for Market Risk.
Risiko Pasar.
Tabel di bawah ini menunjukkan sensitivitas The following tables show the sensitivity of the
terhadap dampak kemungkinan perubahan atas Bank’s profit or loss and other comprehensive
risiko benchmark suku bunga terhadap laba rugi income and equity to reasonably possible
dan penghasilan komprehensif lain serta changes in benchmark rate risk, assuming all
ekuitas dengan asumsi bahwa semua variabel other variables are constant for as of
lain yang dimiliki adalah konstan untuk per 31 December 2025 and 2024:
31 Desember 2025 dan 2024:
31 Desember/December 2025
Perubahan Dampak terhadap Dampak terhadap
persentase/ laba rugi/ ekuitas/
Change in Impact to Impact to
percentage profit or loss equity
Risiko benchmark suku bunga +1% (92,707) (904,866) Benchmark rate risk
-1% 92,707 904,866
31 Desember/December 2024
Perubahan Dampak terhadap Dampak terhadap
persentase/ laba rugi/ ekuitas/
Change in Impact to Impact to
percentage profit or loss equity
Risiko benchmark suku bunga +1% (75,735) (579,785) Benchmark rate risk
-1% 75,735 579,785
Risiko nilai tukar Exchange rate risk
Risiko nilai tukar merupakan risiko yang timbul Exchange rate risk is the risk due to the gap of
karena adanya perbedaan posisi valuta asing foreign exchange positions owned by the Bank
yang dimiliki Bank yang tercermin dalam PDN which is reflected in the NOP either on balance
baik neraca maupun secara keseluruhan. sheet or as a whole. Included in the foreign
Termasuk dalam posisi valuta asing tersebut exchange position are the trading book
yaitu posisi trading book yang dilakukan dengan positions carried out with the aim of gaining
tujuan untuk mendapatkan keuntungan short-term foreign exchange transaction
transaksi valuta asing dalam jangka pendek benefits as well as banking book positions to
maupun posisi banking book dalam rangka
140
Page 802
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
b. Risiko pasar (lanjutan) b. Market risk (continued)
Risiko nilai tukar (lanjutan) Exchange rate risk (continued)
pengendalian PDN. Perhitungan PDN disajikan maintain NOP. The NOP calculation is
dalam Catatan 54q. disclosed in Note 54q.
Tabel di bawah ini menunjukkan sensitivitas The following tables show the sensitivity of the
terhadap kemungkinan perubahan atas nilai Bank’s profit or loss and other comprehensive
tukar terhadap laba rugi dan penghasilan income to reasonably possible changes in
komprehensif lain dengan asumsi bahwa exchange rate, assuming all other variables are
semua variabel lain yang dimiliki adalah constant for as of 31 December 2025 and 2024:
konstan untuk per 31 Desember 2025 dan
2024:
31 Desember/December 2025
Dampak terhadap laba
rugi dan penghasilan
komprehensif lain
Perubahan sebelum pajak/
persentase/ Impact to profit or loss
Change in and other comprehensive
percentage income before tax
Mata uang asing +1% 28,753 Foreign currencies
-1% (28,753)
31 Desember/December 2024
Dampak terhadap laba
rugi dan penghasilan
komprehensif lain
Perubahan sebelum pajak/
persentase/ Impact to profit or loss
Change in and other comprehensive
percentage income before tax
Mata uang asing +1% 9,931 Foreign currencies
-1% (9,931)
c. Risiko likuiditas c. Liquidity risk
Risiko likuiditas adalah risiko akibat Liquidity risk is the risk arising from the Bank's
ketidakmampuan Bank untuk memenuhi inability to meet maturing obligations from cash
kewajiban yang jatuh tempo dari sumber flow funding sources and/or from high-quality
pendanaan arus kas dan/atau dari aset likuid liquid assets that can be pledged, without
berkualitas tinggi yang dapat diagunkan, tanpa disrupting the Bank's activities and financial
mengganggu aktivitas dan kondisi keuangan condition. Along with the development of the
Bank. Seiring dengan perkembangan bisnis Bank’s business, liquidity risk is one of the risk
Bank, risiko likuiditas merupakan salah satu that become the major concerns of the Bank. It
risiko yang menjadi perhatian utama Bank. may result from the growth of the Bank’s
Risiko ini dapat terjadi akibat pertumbuhan financing which is greater than the growth of
pembiayaan Bank yang lebih besar third party funds. The difference between the
dibandingkan dengan pertumbuhan dana pihak availability of source of funds and the maturity of
ketiga. Perbedaan antara ketersediaan sumber receivable and financing can lead to difficulty in
dana dan jatuh tempo piutang dan pembiayaan fulfilling bank obligations to customers and other
dapat menyebabkan kesulitan dalam parties.
memenuhi kewajiban bank kepada nasabah
dan pihak lainnya.
Tindakan yang diambil oleh Bank untuk The actions taken by the Bank to minimise the
meminimalisir risiko likuiditas antara lain liquidity risk include the following:
sebagai berikut:
1) Melakukan pemisahan fungsi antara unit 1) Separating the functions between the
treasury sebagai front office, unit treasury unit as the front office, the risk
manajemen risiko sebagai middle office, dan management unit as the middle office, and
unit operasional sebagai back office. the operations unit as the back office.
2) Melakukan penempatan dana pada aset 2) Placing funds in high-quality liquid assets as
likuid berkualitas tinggi sebagai cadangan liquidity reserves.
likuiditas
141
Page 803
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
c. Risiko likuiditas (lanjutan) c. Liquidity risk (continued)
Tindakan yang diambil oleh Bank untuk The actions taken by the Bank to minimise the
meminimalisir risiko likuiditas antara lain liquidity risk include the following (continued):
sebagai berikut (lanjutan):
3) Melakukan reviu terhadap kebijakan dan 3) Reviewing policies and standard operating
prosedur operasi standar yang terkait procedures related to the management of
dengan pengelolaan risiko likuiditas. liquidity risk.
4) Memantau kondisi likuiditas Bank secara 4) Monitoring the liquidity conditions
berkala melalui beberapa rasio likuiditas periodically through some liquidity ratios
seperti Financing to Deposit Ratio (“FDR”), such as the Financing to Deposit Ratio
Liquidity Coverage Ratio (“LCR”), Net Stable (“FDR”), Liquidity Coverage Ratio (“LCR”),
Funding Ratio (“NSFR”), arus kas, dan Net Stable Funding Ratio (“NSFR”), cash
liquidity gap. flow and liquidity gaps.
5) Menentukan batas risiko likuiditas seperti 5) Setting the liquidity risk limit such as limit of
batas dari persyaratan Giro Wajib Minimum Statutory Reserve Requirement (“GWM”)
(“GWM”) dan secondary reserve. and secondary reserve.
Berikut adalah tabel analisis jatuh tempo aset The following are the tables of assets and
dan liabilitas pada tanggal 31 Desember 2025 liabilities maturity analysis as at
dan 2024, berdasarkan waktu yang tersisa 31 December 2025 and 2024, based on the
sampai dengan tanggal jatuh tempo: remaining time until the maturity date:
31 Desember/December 2025
Lebih dari Lebih dari Lainnya
1 bulan 3 bulan Lebih yang tidak
Sampai sampai dengan sampai dengan dari memiliki
dengan 3 bulan/ 1 tahun/ 1 tahun/ jatuh tempo/
1 bulan/ More than 1 month More than 3 months More than Others that have Jumlah/
Keterangan Up to 1 month up to 3 months up to 1 year 1 year no maturities Total Descriptions
Aset Assets
Kas 8,690,766 - - - - 8,690,766 Cash
Current accounts and
Giro dan penempatan pada placements with Bank
Bank Indonesia 51,603,043 - - - - 51,603,043 Indonesia
Current accounts and
Giro dan penempatan placements with
pada bank lain 4,568,449 - - - - 4,568,449 other banks
Investments in marketable
Investasi pada surat berharga 7,607,509 4,769,200 17,432,491 29,873,402 - 59,682,602 securities
Tagihan akseptasi 33,394 147,546 512,176 - - 693,116 Acceptance receivables
Piutang - murabahah, Receivables - murabahah,
istishna, dan ijarah 183,558 359,624 5,627,724 143,323,747 - 149,494,653 istishna and ijarah
Pinjaman qardh 2,149,417 7,125,346 4,948,302 3,498,863 - 17,721,928 Funds of qardh
Pembiayaan mudharabah 2,019,017 7,403 66,465 796,424 - 2,889,309 Mudharabah financing
Pembiayaan musyarakah 1,288,285 4,563,638 8,312,728 130,707,123 - 144,871,774 Musyarakah financing
Aset lain-lain*) 463,515 20,373 203,988 599,022 - 1,286,898 Other assets*)
Jumlah aset 78,606,953 16,993,130 37,103,874 308,798,581 - 441,502,538 Total assets
Liabilitas Liabilities
Liabilitas segera 937,353 - - - - 937,353 Obligations due immediately
Undistributed revenue
Bagi hasil yang belum dibagikan 258,515 - - - - 258,515 sharing
Simpanan wadiah 91,101,595 - - - - 91,101,595 Wadiah deposits
Liabilitas kepada Bank Indonesia - - - - - - Liabilities to Bank Indonesia
Simpanan dari bank lain 2,799,678 - - - - 2,799,678 Deposits from other banks
Kewajiban akseptasi 33,394 147,546 512,176 - - 693,116 Acceptance liabilities
Liabilitas imbalan kerja - - - 578,150 - 578,150 Employee benefits liabilities
Liabilitas sewa 20,729 327 - 2,690,996 - 2,712,052 Lease liabilities
Liabilitas lain-lain**) 706,138 - - - - 706,138 Other liabilities**)
Jumlah liabilitas 95,857,402 147,873 512,176 3,269,146 - 99,786,597 Total liabilities
Dana syirkah temporer Temporary syirkah funds
Mudharabah savings
Tabungan mudharabah 99,933,333 - - - - 99,933,333 deposits
Deposito mudharabah 88,990,491 48,185,769 8,941,376 - - 146,117,636 Mudharabah time deposits
Giro mudharabah 44,089,620 - - - - 44,089,620 Mudharabah demand deposits
Interbank
Sertifikat Investasi Mudharabah Mudharabah Investment
Antarbank (“SIMA”) 2,645,000 - - - - 2,645,000 Certificate (“SIMA”)
Sukuk mudharabah diterbitkan - - 2,665,000 3,659,901 - 6,324,901 Issued mudharabah sukuk
Subordinated sukuk
Sukuk mudharabah subordinasi - - - 200,000 - 200,000 mudharabah
Pembiayaan berjangka mudharabah - - - - - - Mudharabah term financing
Jumlah dana syirkah Total temporary
temporer 235,658,444 48,185,769 11,606,376 3,859,901 - 299,310,490 syirkah funds
Perbedaan jatuh tempo (252,908,893 ) (31,340,512) 24,985,322 301,669,534 - 42,405,451 Maturity gap
*) *)
Aset lain-lain terdiri atas piutang pendapatan yang masih akan diterima Other assets consist of income receivables
**) **)
Liabilitas lain-lain terdiri atas biaya yang masih harus dibayar, setoran jaminan, premi Other liabilities consist of accrued expenses, guarantee deposits, loan insurance premium
asuransi dan rekening sementara and temporary accounts
142
Page 804
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
46. MANAJEMEN RISIKO (lanjutan) 46. RISK MANAGEMENT (continued)
c. Risiko likuiditas (lanjutan) c. Liquidity risk (continued)
Berikut adalah tabel mengenai analisis jatuh The following are the tables of assets and
tempo aset dan liabilitas pada tanggal liabilities maturity analysis as at
31 Desember 2025 dan 2024, berdasarkan 31 December 2025 and 2024, based on the
waktu yang tersisa sampai dengan tanggal remaining time until the maturity date:
jatuh tempo: (lanjutan) (continued)
31 Desember/December 2024
Lebih dari Lebih dari Lainnya
1 bulan 3 bulan Lebih yang tidak
Sampai sampai dengan sampai dengan dari memiliki
dengan 3 bulan/ 1 tahun/ 1 tahun/ jatuh tempo/
1 bulan/ More than 1 month More than 3 months More than Others that have Jumlah/
Keterangan Up to 1 month up to 3 months up to 1 year 1 year no maturities Total Descriptions
Aset Assets
Kas 8,080,689 - - - - 8,080,689 Cash
Current accounts and
Giro dan penempatan pada placements with Bank
Bank Indonesia 49,966,279 - - - - 49,966,279 Indonesia
Current accounts and
Giro dan penempatan placements with
pada bank lain 3,880,874 - - - - 3,880,874 other banks
Investments in marketable
Investasi pada surat berharga 4,906,359 10,427,000 18,418,166 28,500,281 - 62,251,806 securities
Tagihan akseptasi 30,721 66,362 88,062 - - 185,145 Acceptance receivables
Piutang - murabahah, Receivables - murabahah,
istishna, dan ijarah 201,507 240,192 3,867,415 140,151,792 - 144,460,906 istishna and ijarah
Pinjaman qardh 1,621,547 5,109,110 3,646,878 3,396,249 - 13,773,784 Funds of qardh
Pembiayaan mudharabah 20,507 8,189 2,110,222 798,161 - 2,937,079 Mudharabah financing
Pembiayaan musyarakah 1,984,502 3,422,875 7,680,873 101,098,968 - 114,187,218 Musyarakah financing
Aset lain-lain*) 343,605 75,786 216,260 635,109 - 1,270,760 Other assets*)
Jumlah aset 71,036,590 19,349,514 36,027,876 274,580,560 - 400,994,540 Total assets
Liabilitas Liabilities
Liabilitas segera 858,643 - - - - 858,643 Obligations due immediately
Undistributed revenue
Bagi hasil yang belum dibagikan 291,578 - - - - 291,578 sharing
Simpanan wadiah 74,427,146 - - - - 74,427,146 Wadiah deposits
Liabilitas kepada Bank Indonesia 18,417,864 - - - - 18,417,864 Liabilities to Bank Indonesia
Simpanan dari bank lain 784,698 - - - - 784,698 Deposits from other banks
Kewajiban akseptasi 30,721 66,362 88,062 - - 185,145 Acceptance liabilities
Liabilitas imbalan kerja - - - 534,730 - 534,730 Employee benefits liabilities
Liabilitas sewa 9,262 - 2,906 169,128 - 181,296 Lease liabilities
Liabilitas lain-lain**) 555,333 - - - - 555,333 Other liabilities**)
Jumlah liabilitas 95,375,245 66,362 90,968 703,858 - 96,236,433 Total liabilities
Dana syirkah temporer Temporary syirkah funds
Mudharabah savings
Tabungan mudharabah 85,790,658 - - - - 85,790,658 deposits
Deposito mudharabah 79,254,419 30,634,460 20,789,988 - - 130,678,867 Mudharabah time deposits
Giro mudharabah 37,235,801 - - - - 37,235,801 Mudharabah demand deposits
Interbank
Sertifikat Investasi Mudharabah Mudharabah Investment
Antarbank (“SIMA”) 3,366,650 - - - - 3,366,650 Certificate (“SIMA”)
Sukuk mudharabah diterbitkan - - 1,700,000 1,318,563 - 3,018,563 Issued mudharabah sukuk
Subordinated sukuk
Sukuk mudharabah subordinasi - - - 200,000 - 200,000 mudharabah
Pembiayaan berjangka mudharabah 1,000,000 - - - - 1,000,000 Mudharabah term financing
Jumlah dana syirkah Total temporary
temporer 206,647,528 30,634,460 22,489,988 1,518,563 - 261,290,539 syirkah funds
Perbedaan jatuh tempo (230,986,183) (11,351,308) 13,446,920 272,358,139 - 43,467,568 Maturity gap
*) *)
Aset lain-lain terdiri atas piutang pendapatan yang masih akan diterima Other assets consist of income receivables
**) **)
Liabilitas lain-lain terdiri atas biaya yang masih harus dibayar, setoran jaminan, premi Other liabilities consist of accrued expenses, guarantee deposits, loan insurance premium
asuransi dan rekening sementara and temporary accounts
Bank senantiasa mengevaluasi efektivitas The Bank continually evaluates the
sistem operasi untuk memastikan bahwa dana effectiveness of the operating system to ensure
yang tersedia cukup untuk memenuhi seluruh that sufficient funds are available to meet all
kebutuhan dengan melakukan monitoring needs by monitoring the condition of the Bank's
terhadap kondisi likuiditas Bank melalui liquidity through several liquidity ratios. The
beberapa rasio likuiditas. Bank meyakini dana Bank believes that funds will continue to grow
tetap tumbuh dan arus kas dari aktiva produktif and cash flow from earning assets will be able
dapat menjaga kecukupan likuiditas. to maintain sufficient liquidity.
143
Page 805
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
47. NILAI WAJAR ASET DAN LIABILITAS 47. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN LIABILITIES
Tabel di bawah ini menyajikan perbandingan antara The table below summarises the comparison
nilai tercatat dan nilai wajar dari aset dan liabilitas between the carrying values and fair values of
keuangan. Nilai wajar yang diungkapkan adalah financial assets and liabilities of the Bank. The fair
berdasarkan informasi relevan yang tersedia pada values disclosed are based on relevant information
tanggal 31 Desember 2025 dan 2024 tidak available as at 31 December 2025 and 2024 and are
diperbaharui untuk mencerminkan perubahan dalam not updated to reflect changes in market conditions
kondisi pasar yang telah terjadi setelah tanggal ini. which have occurred after these dates.
Pada tanggal 31 Desember 2025 dan 2024 nilai As at 31 December 2025 and 2024, the carrying
tercatat dari aset dan liabilitas keuangan Bank value of the Bank’s financial assets and liabilities
memiliki nilai yang hampir sama dengan nilai approximates their fair value except for the following
wajarnya kecuali untuk instrumen berikut: financial instruments:
31 Desember/December 2025 31 Desember/December 2024
Nilai tercatat/ Nilai wajar/ Nilai tercatat/ Nilai wajar/
Carrying value Fair value Carrying value Fair value
Investasi pada surat Investments in marketable
berharga 59,682,602 59,859,808 62,251,806 62,478,192 securities
Tabel di bawah ini menyajikan instrumen keuangan The tables below show the financial instruments
yang diakui pada nilai wajar berdasarkan hierarki recognised at fair value based on the hierarchy used
yang digunakan Bank untuk menentukan dan by the Bank in determining and disclosing the fair
mengungkapkan nilai wajar dari instrumen value of financial instruments:
keuangan:
(i) Tingkat 1: harga kuotasian (tanpa penyesuaian) (i) Level 1: quoted prices (unadjusted) in active
di pasar aktif untuk aset atau liabilitas yang markets for identical assets or liabilities which
identik yang dapat diakses pada tanggal are accessible at the measurement date.
pengukuran.
(ii) Tingkat 2: input selain harga kuotasian yang (ii) Level 2: inputs other than quoted prices
termasuk dalam level 1 yang dapat diobservasi included in level 1 that are observable for the
untuk aset dan liabilitas, baik secara langsung assets and liabilities, either directly or
atau tidak langsung. indirectly.
(iii) Tingkat 3: pengukuran nilai wajar yang berasal (iii) Level 3: Fair value measurements are those
dari teknik penilaian yang mencakup input derived from valuation techniques that include
untuk aset dan liabilitas yang bukan inputs for asset and liability that are not based
berdasarkan data pasar yang dapat on observable market data.
diobservasi.
Nilai wajar tingkat 1 dinilai menggunakan data dari The fair value level 1 is valued by using data from
Bloomberg. Bloomberg.
Nilai wajar tingkat 2 dinilai menggunakan data dari The fair value level 2 is valued by using data from
Indonesia Bond Pricing Agency (“IBPA”) dan Net Indonesia Bond Pricing Agency (“IBPA”) and Net
Asset Value report dimana dihitung dengan model Asset Value report which is calculated using a
diskonto arus kas dengan kurva yield (diambil dari discounted cash flow model based on current yield
data pasar) terkini yang sesuai dengan sisa periode curve (derived from market data) appropriated with
jatuh temponya. the remaining term of maturity.
31 Desember/December 2025
Nilai wajar/ Tingkat/ Tingkat/ Tingkat/
Fair value Level 1 Level 2 Level 3
Investasi pada surat berharga 59,859,808 - 59,832,086 27,722 Investments in marketable securities
31 Desember/December 2024
Nilai wajar/ Tingkat/ Tingkat/ Tingkat/
Fair value Level 1 Level 2 Level 3
Investasi pada surat berharga 62,478,192 - 62,448,716 29,476 Investments in marketable securities
144
Page 806
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
47. NILAI WAJAR ASET DAN LIABILITAS 47. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN (lanjutan) LIABILITIES (continued)
Nilai wajar aset dan kewajiban keuangan tertentu, The fair values of certain financial assets and
kecuali efek-efek dan sukuk Pemerintah yang liabilities, except for securities and Government
dimiliki hingga jatuh tempo, piutang, dan sukuk classified as held to maturity, receivables
pembiayaan yang diberikan dan surat berharga and financing and marketable securities issued
yang diterbitkan, mendekati nilai tercatatnya karena approximate their carrying values due to their short-
mempunyai jangka waktu jatuh tempo yang singkat. term maturities.
a. Giro dan penempatan pada Bank Indonesia, a. Current accounts and placements with Bank
giro dan penempatan pada bank lain, tagihan Indonesia, current accounts and placements
akseptasi dan aset lain-lain. with other banks, acceptance receivables and
other assets.
Nilai tercatat dari giro dan penempatan pada The carrying amount of current accounts and
Bank Indonesia dan bank lain, tagihan placements with Bank Indonesia and other
akseptasi, dan aset lain-lain adalah perkiraan banks, acceptance receivables and other
yang layak atas nilai wajar. assets are a reasonable approximations of fair
value.
b. Investasi pada surat berharga b. Investments in marketable securities
Nilai wajar untuk investasi pada surat berharga The fair value for amortised cost investments
yang dimiliki hingga jatuh tempo ditetapkan in marketable securities are based on the
berdasarkan harga pasar atau harga kuotasi market prices or broker/dealer price
perantara (broker)/pedagang efek (dealer). Jika quotations. When this information is not
informasi ini tidak tersedia, nilai wajar diestimasi available, the fair value is estimated using
dengan menggunakan harga pasar kuotasi efek quoted market prices for securities with similar
yang memiliki karakteristik risiko kredit, jatuh credit risk, maturity and yield characteristics or
tempo, dan yield yang serupa atau using internal valuation models.
menggunakan metode penilaian internal.
c. Liabilitas segera, simpanan wadiah, simpanan c. Obligations due immediately, wadiah deposits,
dari bank lain, liabilitas lain-lain, dan dana deposits from other banks, other liabilities and
syirkah temporer. temporary syirkah funds.
Estimasi nilai wajar dari liabilitas segera, The estimated fair value of obligations due
simpanan mudharabah, dan liabilitas lain-lain immediately, mudharabah deposits and other
adalah sebesar jumlah yang harus dibayarkan liabilities are the amounts repayable on
kembali sewaktu-waktu. demand.
Estimasi nilai wajar terhadap simpanan wadiah The estimated fair values of wadiah deposits
dan simpanan dari bank lain dengan tingkat and deposits from other banks with fixed rate
margin tetap dan liabilitas akseptasi ditetapkan margin and acceptance liabilities are
berdasarkan diskonto arus kas dengan determined based on discounted cash flows
menggunakan tingkat margin pasar uang using money market margin rates for with
dengan sisa jatuh tempo yang serupa. similar remaining maturities.
d. Piutang dan pembiayaan d. Receivables and financing
Portofolio piutang dan pembiayaan Bank Generally, the Bank’s receivables and
secara umum terdiri dari piutang dan financing portfolio consists of receivables and
pembiayaan yang diberikan dan dinyatakan financing that are stated at amortised cost.
berdasarkan amortised cost.
145
Page 807
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
47. NILAI WAJAR ASET DAN LIABILITAS 47. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN (lanjutan) LIABILITIES (continued)
d. Piutang dan pembiayaan (lanjutan) d. Receivables and financing (continued)
Estimasi nilai wajar terhadap piutang dan The estimated fair values of receivables and
pembiayaan ditetapkan berdasarkan diskonto financing are determined based on discounted
arus kas dengan menggunakan tingkat margin cash flows using margin rates applied for
yang berlaku untuk piutang dan pembiayaan receivables and financing with similar credit
dengan risiko kredit dan sisa jatuh tempo yang risk and remaining maturities.
serupa.
Nilai wajar dari piutang dan pembiayaan yang The estimated fair value of loans represent the
diberikan menunjukkan nilai diskon dari discounted amount of estimated future cash
perkiraan arus kas masa depan yang flows expected to be received by the Bank
diharapkan akan diterima oleh Bank dengan using the current market rates.
menggunakan tingkat margin pasar saat ini.
48. SEGMEN OPERASI 48. OPERATIONS SEGMENTS
Segmen operasi Bank dibagi berdasarkan beberapa The Bank’s operating segment is divided based on
segmen operasi sebagai berikut: Corporate the following operating segments: Corporate
Banking, Commercial Banking, Hubungan Banking, Commercial Banking, Institutional
Kelembagaan, Ritel dan Treasury Banking & Kantor Relation, Retail and Treasury Banking & Head
Pusat. Dalam menentukan hasil segmen operasi, Office. In determining the results of operating
beberapa akun aset dan liabilitas serta pendapatan segments, certain asset and liability accounts and
dan biaya diatribusikan ke masing-masing segmen revenues and expenses are attributed to each
berdasarkan kebijakan pelaporan internal segment based on management's internal reporting
manajemen. Komponen Internal Transfer Pricing policies. The components of Internal Transfer
Model diterapkan dalam perhitungan kinerja laba Pricing Model are applied in the calculation of profit
rugi masing-masing segmen. or loss performance of each segments.
Ringkasan berikut menjelaskan operasi masing- The following summary describes the operations of
masing segmen dalam pelaporan segmen Bank: each segment in the Bank's segment reporting:
- Corporate Banking: melayani badan usaha - Corporate Banking: serves business entities
seperti BUMN dan anak perusahaannya, such as SOEs and their subsidiaries, state
lembaga negara, perusahaan multinasional, institutions, multinational companies, banks and
bank dan lembaga keuangan bukan bank non-bank financial institutions (including non-
(termasuk modal ventura non-linkage), linkage venture capital), syndicated financing,
pembiayaan sindikasi, perusahaan terbuka, dan public companies and securities companies.
perusahaan sekuritas.
- Commercial Banking: melayani badan usaha - Commercial Banking: serves business entities
seperti BUMD dan anak perusahaannya, such as BUMD and its subsidiaries, regional
pemerintah daerah, rumah sakit (kecuali diatur governments, hospitals (unless regulated in
dalam produk khusus), perguruan tinggi negeri special products), state and private universities
dan swasta (yayasan yang memiliki perguruan (foundations with tertiary institutions).
tinggi).
- Hubungan Kelembagaan: saat ini difokuskan - Institutional Relation: currently focused on the
untuk pengelolaan dana nasabah dan transaksi- management of customer funds and other
transaksi lainnya milik nasabah lembaga transactions belonging to customers of
pemerintah dan dana pensiun BUMN. government institutions and BUMN pension
funds.
146
Page 808
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
48. SEGMEN OPERASI (lanjutan) 48. OPERATIONS SEGMENTS (continued)
Ringkasan berikut menjelaskan operasi masing- The following summary describes the operations of
masing segmen dalam pelaporan segmen Bank: each segment in the Bank's segment reporting:
(lanjutan) (continued)
- Ritel: saat ini meliputi antara lain: - Retail: currently includes, among others:
Ritel SME: melayani badan usaha swasta SME Retail: serving private business
berbentuk badan hukum dan nonbadan entities in the form of legal entities and non-
hukum untuk tujuan produktif, pendidikan legal entities for productive purposes,
dasar & menengah, klinik, koperasi, pola primary & secondary education, clinics,
linkage, inti plasma, dan perorangan. cooperatives, linkage patterns, plasma core
and individuals.
Ritel Mikro: ditujukan untuk melayani Micro Retail: aimed at serving individual
nasabah individual dan pengusaha mikro, customers and micro entrepreneurs,
termasuk di dalamnya adalah penyaluran including the distribution of subsidised
pembiayaan bersubsidi untuk mendukung financing to support government programs
program pemerintah dalam in empowering community businesses.
memberdayakan usaha masyarakat.
Ritel Konsumer: melayani perorangan Consumer Retail: serving individuals for
untuk tujuan konsumtif/multiguna (antara consumptive/multipurpose (among others
lain produk Griya, Multiguna, Kendaraan, Griya products, Multipurpose, Vehicles,
Pensiunan, Kartu Pembiayaan, Cicil Emas Pensioners, Financing Cards, Gold
dan Gadai Emas, pembiayaan program Installments and Pawn Gold, government
pemerintah). program financing).
- Lainnya: saat ini meliputi antara lain: - Others: currently include, among others:
Treasury: segmen treasury terkait dengan Treasury: treasury segment related to the
kegiatan treasury Bank termasuk transaksi Bank's treasury activities including foreign
valuta asing, money market, fixed income, exchange transactions, money market, fixed
bisnis perbankan internasional, pasar income, international banking business,
modal, supervisi Kantor Luar Negeri. capital market, supervision of Foreign
Office.
Kantor Pusat: terkait dengan pengelolaan Head Office: related to the management of
aset dan liabilitas selain yang telah dikelola assets and liabilities other than those
oleh segmen operasi lainnya termasuk already managed by other operating
menerima alokasi biaya atas penyediaan segments, including receiving cost
jasa servis secara sentralisasi kepada allocation for centralised service provision to
segmen lainnya serta pendapatan/biaya other segments as well as revenues/costs
yang tidak teralokasi ke pelaporan segmen that are not allocated to other segment
lainnya. reporting.
Kinerja diukur berdasarkan laba segmen sebelum Performance is measured based on segment profit
pajak penghasilan, sebagaimana dilaporkan dalam before income tax, as reported in an internal
laporan internal manajemen yang direviu oleh management report reviewed by the Bank
Manajemen Bank. Keuntungan segmen digunakan Management. Segment profit is used to measure
untuk mengukur kinerja dimana manajemen performance where management believes that the
berkeyakinan bahwa informasi tersebut paling information is most relevant in evaluating the results
relevan dalam mengevaluasi hasil segmen tersebut of the segment relative to other entities operating in
relatif terhadap entitas lain yang beroperasi dalam the industry.
industri tersebut.
147
Page 809
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
48. SEGMEN OPERASI (lanjutan) 48. OPERATIONS SEGMENTS (continued)
Berikut ini adalah informasi segmen Bank Information concerning the operating segments of
berdasarkan segmen operasi: the Bank are as follows:
31 Desember/December 2025
Treasury
Banking &
Hubungan Kantor Pusat/ Penyesuaian &
Kelembagaan/ Treasury Eliminasi/
Corporate Commercial Institutional Banking & Head Adjustment & Jumlah/
Keterangan Banking Banking Relation Retail Banking Office Elimination**) Total Descriptions
Income from fund
Pendapatan pengelolaan dana management
sebagai mudharib*) 5,622,410 2,264,840 5,203,797 29,087,617 2,313,633 (16,226,806) 28,265,491 as mudharib*)
Hak pihak ketiga atas bagi hasil*) (4,579,930) (1,745,549) (4,698,204) (14,449,773) (594,093) 16,931,144 (9,136,405) Third parties' share on return*)
Hak bagi hasil milik Bank 1,042,480 519,291 505,593 14,637,844 1,719,540 704,338 19,129,086 Bank's share in profit
Pendapatan usaha lainnya 444,885 153,925 - 2,297,523 4,040,263 - 6,936,596 Other operating income
Beban usaha (233,113) (244,845) (161,637) (7,029,752) (6,031,367) - (13,700,714) Operating expenses
Beban cadangan kerugian penurunan Provision for impairment
nilai aset produktif dan losses on earning and
nonproduktif - bersih 61,612 (33,380) - (2,310,473) (74,710) - (2,356,951) non-earning assets - net
Total beban (171,501) (278,225) (161,637) (9,340,225) (6,106,077) - (16,057,665) Total expenses
Pendapatan/(beban) Non-operating
nonusaha - bersih 7 - - 585 3,688 (592) 3,688 income/(expense) - net
Laba sebelum zakat dan Income before zakat and
beban pajak 1,315,871 394,991 343,956 7,595,727 (342,586) 703,746 10,011,705 tax expense
Zakat (32,757) (9,875) (8,599) (189,893) (9,169) - (250,293) Zakat
Beban pajak (281,056) (84,725) (73,779) (1,629,284) (125,045) - (2,193,889) Tax expenses
Laba bersih 1,002,058 300,391 261,578 5,776,550 (476,800) 703,746 7,567,523 Net income
Aset segmen Segment of assets
Pembiayaan wholesale 70,842,980 19,956,543 - - - - 90,799,523 Wholesale financing
Pembiayaan ritel Retail financing
SME - - - 24,590,880 - - 24,590,880 SME
Mikro - - - 27,666,748 - - 27,666,748 Micro
Konsumer***) - - - 175,786,610 - - 175,786,610 Consumer***)
Cadangan kerugian penurunan Provision for impairment
nilai pembiayaan (4,318,803) (1,190,829) - (5,472,749) - - (10,982,381) losses for financing
Nonpembiayaan - bersih 44,550 - - - 148,286,676 - 148,331,226 Non-financing - net
66,568,727 18,765,714 - 222,571,489 148,286,676 - 456,192,606
Segment of liabilities,
Liabilitas, dana syirkah temporer temporary syirkah funds
dan ekuitas segmen and equity
Pendanaan 44,366,869 21,047,633 103,829,629 210,861,924 13,105,708 - 393,211,763 Funding
Nonpendanaan - - - - 62,980,843 - 62,980,843 Non-funding
44,366,869 21,047,633 103,829,629 210,861,924 76,086,551 - 456,192,606
*) Termasuk komponen internal transfer pricing antarsegmen operasi *) Include component of internal transfer pricing among operating segments
**) Termasuk eliminasi komponen internal transfer pricing **) Include elimination of internal transfer pricing components
***) Termasuk segmen pawning dan hasanah card ***) Include pawning and hasanah card segment
148
Page 810
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
48. SEGMEN OPERASI (lanjutan) 48. OPERATIONS SEGMENTS (continued)
Berikut ini adalah informasi segmen Bank Information concerning the operating segments of
berdasarkan segmen operasi: (lanjutan) the Bank are as follows: (continued)
31 Desember/December 2024
Treasury
Banking &
Hubungan Kantor Pusat/ Penyesuaian &
Kelembagaan/ Treasury Eliminasi/
Corporate Commercial Institutional Banking & Head Adjustment & Jumlah/
Keterangan Banking Banking Relation Retail Banking Office Elimination**) Total Descriptions
Income from fund
Pendapatan pengelolaan dana management
sebagai mudharib*) 4,758,365 1,643,295 4,743,000 26,466,294 2,321,675 (14,634,426) 25,298,203 as mudharib*)
Hak pihak ketiga atas bagi hasil*) (3,682,258) (1,179,454) (4,192,316) (13,010,908) (614,513) 14,790,420 (7,889,029) Third parties' share on return*)
Hak bagi hasil milik Bank 1,076,107 463,841 550,684 13,455,386 1,707,162 155,994 17,409,174 Bank's share in profit
Pendapatan usaha lainnya 374,100 198,027 101 2,257,932 2,726,319 - 5,556,479 Other operating income
Beban usaha (151,526) (215,341) (101,896) (6,208,730) (5,116,149) - (11,793,642) Operating expenses
Beban cadangan kerugian penurunan Provision for impairment
nilai aset produktif dan losses on earning and
nonproduktif - bersih (109,297) (124,951) - (1,757,475) 97,856 - (1,893,867) non-earning assets - net
Total beban (260,823) (340,292) (101,896) (7,966,205) (5,018,293) - (13,687,509) Total expenses
Pendapatan/(beban) Non-operating
nonusaha - bersih - - - 56,610 (52,298) - 4,312 income/(expense) - net
Laba sebelum zakat dan Income before zakat and
beban pajak 1,189,384 321,576 448,889 7,803,723 (637,110) 155,994 9,282,456 tax expense
Zakat (29,735) (8,040) (11,222) (195,093) 12,029 - (232,061) Zakat
Beban pajak (255,123) (68,978) (96,287) (1,673,898) 49,779 - (2,044,507) Tax expenses
Laba bersih 904,526 244,558 341,380 5,934,732 (575,302) 155,994 7,005,888 Net income
Aset segmen Segment of assets
Pembiayaan wholesale 58,719,889 18,497,916 - - - - 77,217,805 Wholesale financing
Pembiayaan ritel Retail financing
SME - - - 21,634,863 - - 21,634,863 SME
Mikro - - - 27,745,691 - - 27,745,691 Micro
Konsumer***) - - - 151,882,883 - - 151,882,883 Consumer***)
Cadangan kerugian penurunan Provision for impairment
nilai pembiayaan (4,382,847) (1,201,453) - (4,707,382) - - (10,291,682) losses for financing
Nonpembiayaan - bersih 597,762 - - - 139,826,110 - 140,423,872 Non-financing - net
54,934,804 17,296,463 - 196,556,055 139,826,110 - 408,613,432
Segment of liabilities,
Liabilitas, dana syirkah temporer temporary syirkah funds
dan ekuitas segmen and equity
Pendanaan 21,619,859 12,013,780 89,456,637 205,226,059 26,603,912 - 354,920,247 Funding
Nonpendanaan - - - - 53,693,185 - 53,693,185 Non-funding
21,619,859 12,013,780 89,456,637 205,226,059 80,297,097 - 408,613,432
*) Termasuk komponen internal transfer pricing antarsegmen operasi *) Include component of internal transfer pricing among operating segments
**) Termasuk eliminasi komponen internal transfer pricing **) Include elimination of internal transfer pricing components
***) Termasuk segmen pawning dan hasanah card ***) Include pawning and hasanah card segment
49. PERJANJIAN, KOMITMEN DAN KONTINJENSI 49. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN AND CONTINGENCIES
Perjanjian signifikan Significant Agreements
Bancassurance Bancassurance
Pada tanggal 27 September 2024, Bank As at 27 September 2024, the bank signed
menandatangani perjanjian bancassurance dengan bancassurance agreement with PT Prudential
PT Prudential Sharia Life Assurance (“Prudential Sharia Life Assurance (“Prudential Sharia Life”) to
Sharia Life”) untuk memasarkan, mempromosikan market, promote and refer Prudential Sharia Life
dan mereferensikan produk asuransi Prudential insurance products through the Bank's distribution
Sharia Life melalui jaringan distribusi Bank. network. This collaboration agreement is effective
Perjanjian kerjasama ini berlaku efektif sejak tanggal from the date of agreement and will continue to be
perjanjian dan akan terus berlaku dan efektif hingga valid and effective until the fifteenth (15th) year from
tahun kelima belas (15) sejak tanggal peluncuran the launch date (1 March 2025). The Bank's
(1 Maret 2025). Adapun kewajiban Bank sebelum obligations before the launch date related to the
tanggal peluncuran terkait dengan penerbitan launching of insurance products and services in the
produk dan layanan asuransi di jaringan distribusi Bank's distribution network include preparing
Bank antara lain mempersiapkan peraturan internal, internal regulations, training Bank employees,
pelatihan pegawai Bank, rencana pemasaran dan marketing and communication plans and system
komunikasi serta penyesuaian sistem. adjustments.
149
Page 811
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
49. PERJANJIAN, KOMITMEN DAN KONTINJENSI 49. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
Perjanjian signifikan (lanjutan) Significant Agreements (continued)
Bancassurance (lanjutan) Bancassurance (continued)
Secara bertahap, terakhir pada tanggal In stages, latest on 25 October 2025, the Bank
25 Oktober 2025, Bank telah menerima secara tunai received Rp4,500,000 in cash from Prudential
sebesar Rp4.500.000 dari Prudential Sharia Life Sharia Life, which was recorded as cash and
yang dicatat sebagai kas dan pendapatan yang unearned income in the Bank's books.
diterima di muka di buku Bank. Selanjutnya, Bank Subsequently, the Bank will recognize income
akan mengakui pendapatan secara amortisasi through amortization over 15 years.
selama 15 tahun.
Sepanjang tahun 2025 dan 2024, Bank telah During 2025 and 2024, the Bank has recognized
mengakui pendapatan masing-masing sebesar revenues of Rp301,483 and Rp343,480,
Rp301.483 dan Rp343.480. respectively.
Perjanjian Sewa Menyewa Lease Agreement
Pada tanggal 1 Juli 2025, Bank dan PT PP (Persero) On 1 July 2025, the Bank and PT PP (Persero) Tbk
Tbk (“PT PP”) telah menandatangani perjanjian (“PT PP”) signed a lease agreement for the leased
sewa menyewa area sewa sehubungan dengan area in connection with the Build, Operate and
skema Bangun, Guna dan Serah (“BOT”) BSI Tower Transfer (“BOT”) scheme of BSI Tower located at
yang berlokasi di Jalan Medan Merdeka Selatan Jalan Medan Merdeka Selatan No.17 Jakarta. The
No.17 Jakarta. Jangka waktu sewa adalah tiga lease term is thirty years, starting from the
puluh tahun, terhitung sejak tanggal dimulainya commencement date of the lease which is
sewa adalah 1 Juli 2025. Bank telah melakukan 1 July 2025. The Bank has made a rental payment
pembayaran sewa sebesar Rp62.241 untuk periode of Rp62,241 for the period from 1 July 2025 to
1 Juli 2025 sampai 31 Desember 2025. Pada 31 December 2025. On the lease commencement
tanggal dimulainya sewa Bank akan mencatat aset date the Bank will record the lease asset and lease
guna usaha dan liabilitas sewa untuk seluruh liability for the entire lease period until the lease
periode sewa hingga masa berakhirnya sewa. Aset ends. The right-of-use asset and lease liability as of
hak guna dan liabilitas sewa per 31 Desember 2025 31 December 2025 amounting to Rp2,605,315.
adalah sebesar Rp2.605.315.
Dana Kementerian Keuangan Ministry of Finance funds
Pada tanggal 12 September 2025, Bank menerima On 12 September 2025, the Bank received a fund
penempatan dana sebesar Rp10.000.000 dari placement of Rp10,000,000 from the Ministry of
Kementerian Keuangan berdasarkan Keputusan Finance based on the Decree of the Minister of
Menteri Keuangan Republik Indonesia No. Finance of the Republic of Indonesia No.
276/KMK.05/2025 tentang Penempatan Uang 276/KMK.05/2025 concerning the Placement of
Negara dalam Rangka Pengelolaan Kelebihan dan State Funds in the Context of Managing Cash
Kekurangan Kas untuk Mendukung Pelaksanaan Surpluses and Shortages to Support the
Program Pemerintah dalam Mendorong Implementation of Government Programs in
Pertumbuhan Ekonomi. Penempatan dana tersebut Encouraging Economic Growth. The fund placement
juga telah dituangkan dalam Perjanjian Kerjasama has also been stipulated in the Cooperation
(PKS) No. 05/1158-PKS/DIR tanggal Agreement (PKS) No. 05/1158-PKS/DIR dated
12 September 2025. 12 September 2025.
Penempatan Dana tersebut dalam bentuk Deposito The fund placement is in the form of a deposit with a
dengan tingkat imbal hasil setara 80,467% x return rate equivalent to 80.467% x BI7DRR. This
BI7DRR. Penerimaan dana tersebut dalam rangka fund placement is to support financial market
mendukung pendalaman pasar keuangan dan deepening and to assist the government's program
mendukung program pemerintah dalam mendorong in promoting economic growth, particularly the
pertumbuhan ekonomi terutama pertumbuhan growth of the real sector.
sektor riil.
Dana yang diterima oleh Bank akan digunakan The funds received by the Bank will be used in
sesuai ketentuan dalam KMK tersebut dan selaras accordance with the provisions of the said decree
dengan manajemen risiko dari Bank. and aligned with risk management of the Bank.
150
Page 812
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
49. PERJANJIAN, KOMITMEN DAN KONTINJENSI 49. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
Dana Kementerian Keuangan (lanjutan) Ministry of Finance funds (continued)
Di tahun 2025, Bank menerima Penempatan Uang In 2025, the Bank received a State Fund Placement
Negara dalam Rangka Pengelolaan Kelebihan dan for the Management of Cash Surpluses and
Kekurangan Kas untuk Mendukung Pelaksanaan Shortfalls to Support the Implementation of
Program Pemerintah dan Mendorong Pertumbuhan Government Programs and Stimulate Economic
Ekonomi berdasarkan Keputusan Menteri Growth, based on Decrees of the Minister of Finance
Keuangan Republik Indonesia No.276 tertanggal of the Republic of Indonesia No. 276 dated
12 September dan No.332 tertanggal 12 September and No. 332 dated
10 November 2025 (‘SAL’) sebesar Rp10.000.000 10 November 2025 ('SAL') amounting to
yang di tempatkan dalam deposito mudharabah Rp10,000,000, placed in mudharabah time deposits
dengan tenor 6 bulan dan dapat diperpanjang. with a 6-month term and extendable.
Sampai dengan 31 Desember 2025, seluruh As of 31 December 2025, all SAL funds have been
penempatan dana SAL tersebut diatas telah di disbursed as credit by the Bank in accordance with
salurkan sebagai kredit oleh Bank sesuai dengan the disbursement criteria stipulated in the
kriteria penyaluran dana yang diatur dalam aforementioned Decree of the Minister of Finance
Keputusan Menteri Keuangan diatas dan ketentuan and internal policies, which refer to the Decree. As
internal yang mengacu kepada Keputusan Menteri of 31 December 2025, funds placed on mudharabah
Keuangan tersebut. Per 31 Desember 2025 dana time deposits remained at Rp10,000,000.
yang ditempatkan dalam deposito mudharabah
adalah tetap sebesar Rp10.000.000.
Liabilitas kontinjensi Contingent liabilities
Dalam menjalankan usahanya, Bank menghadapi In conducting the business, the Bank faces various
berbagai perkara hukum yang terkadang legal cases which sometimes involve claims for
mengandung tuntutan ganti rugi dimana Bank compensation in which the Bank is positioned as a
berposisi sebagai tergugat, terutama sehubungan defendant, especially in relation to the parties'
dengan kepatuhan para pihak terhadap compliance with agreements/contracts.
perjanjian/kontrak.
Walaupun terdapat perkara yang masih berproses, Although there are cases that are still in process, the
Bank berpendapat bahwa berdasarkan informasi Bank believes that based on information currently
yang ada dan posisi hukum Bank, tuntutan hukum available and the Bank’s legal position, these legal
ini tidak akan berdampak secara material pada claims will not likely have a material effect on the
operasi, posisi keuangan atau tingkat likuiditas operations, financial position or liquidity level of the
Bank. Bank.
Pada tanggal 31 Desember 2025 dan 2024, Bank As at 31 December 2025 and 2024, the Bank has
telah membentuk cadangan (disajikan dalam akun established a provision (included in “Other
“Liabilitas Lain-lain”) untuk sejumlah tuntutan hukum Liabilities”) for a number of legal claims which have
yang telah berkekuatan hukum tetap (inkracht) permanent legal force (inkracht) and which are still
maupun yang masih dalam proses masing-masing in process amounting to Rp2,872 and Rp3,021,
sebesar Rp2.872 dan Rp3.021. Manajemen respectively. Management believes that the
berpendapat bahwa jumlah cadangan yang dibentuk provision is adequate to cover losses due to the
telah memadai untuk menutup kerugian akibat legal risks.
hukum yang belum diputuskan atau masih dalam
proses.
151
Page 813
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
50. TAMBAHAN INFORMASI ARUS KAS 50. SUPPLEMENTARY CASH FLOW INFORMATION
Perubahan pada liabilitas yang timbul dari aktivitas Changes in liabilities arising from financing activities
pendanaan pada laporan arus kas adalah sebagai in the statements of cash flows are as follows:
berikut:
31 Desember/December 2025
Selisih kurs/
1 Januari/ Aktivitas nonkas/ Arus kas/ Foreign exchange Lainnya/ Jumlah/
Keterangan 1 January 2025 Non-cash activity Cash flow difference Others Total Descriptions
Liabilitas sewa 181,296 3,004,933 (474,177) - - 2,712,052 Lease liabilities
Pembiayaan berjangka mudharabah 1,000,000 - (1,000,000) - - - Mudharabah term financing
Sukuk mudharabah subordinasi 200,000 - - - - 200,000 Subordinated sukuk mudharabah
Sukuk mudharabah diterbitkan 3,018,563 - 3,306,338 - - 6,324,901 Issued sukuk mudharabah
Liabilitas kepada Bank Indonesia 18,417,864 - (18,417,864) - - - Liabilities to Bank Indonesia
31 Desember/December 2024
Selisih kurs/
1 Januari/ Aktivitas nonkas/ Arus kas/ Foreign exchange Lainnya/ Jumlah/
Keterangan 1 January 2024 Non-cash activity Cash flow difference Others Total Descriptions
Liabilitas sewa 123,193 210,016 (151,913) - - 181,296 Lease liabilities
Pembiayaan berjangka mudharabah 776,250 - 222,940 810 - 1,000,000 Mudharabah term financing
Sukuk mudharabah subordinasi 200,000 - - - - 200,000 Subordinated sukuk mudharabah
Sukuk mudharabah diterbitkan 3,608 (776) 3,015,731 - - 3,018,563 Issued sukuk mudharabah
Liabilitas kepada Bank Indonesia 11,900,055 - 6,517,809 - - 18,417,864 Liabilities to Bank Indonesia
51. OPINI DEWAN PENGAWAS SYARIAH 51. OPINION OF THE SHARIA SUPERVISORY
BOARD
Berdasarkan surat No. 01/BSI/DPS/OPINI/I/2026 Based on letter No. 01/BSI/DPS/OPINI/I/2026 dated
tanggal 28 Januari 2026, Dewan Pengawas Syariah 28 January 2026, the Sharia Supervisory Board
(“DPS”) PT Bank Syariah Indonesia Tbk (“DPS”) of PT Bank Syariah Indonesia Tbk
menyatakan bahwa secara umum aspek syariah expressed opinions that in general, the sharia
dalam operasional dan produk PT Bank Syariah aspects on products and operations of PT Bank
Indonesia Tbk untuk periode yang berakhir pada Syariah Indonesia Tbk for the period ended
tanggal 31 Desember 2025, telah mengikuti fatwa 31 December 2025, have complied with fatwa and
dan ketentuan syariah yang dikeluarkan oleh Dewan sharia regulations issued by National Sharia Board
Syariah Nasional Majelis Ulama Indonesia (“DSN- of Indonesian Ulama Council (“DSN-MUI”), and
MUI”), serta opini syariah dari DPS. sharia opinion of DPS.
Berdasarkan surat No. 05/BSI/DPS/OPINI/I/2025 Based on letter No. 05/BSI/DPS/OPINI/I/2025 dated
tanggal 16 Januari 2025, Dewan Pengawas Syariah 16 January 2025, the Sharia Supervisory Board
(“DPS”) PT Bank Syariah Indonesia Tbk (“DPS”) of PT Bank Syariah Indonesia Tbk
menyatakan bahwa secara umum aspek syariah expressed opinions that in general, the sharia
dalam operasional dan produk PT Bank Syariah aspects on products and operations of PT Bank
Indonesia Tbk untuk tahun yang berakhir pada Syariah Indonesia Tbk for the year ended
tanggal 31 Desember 2024, telah mengikuti fatwa 31 December 2024, have complied with fatwa and
dan ketentuan syariah yang dikeluarkan oleh Dewan sharia regulations issued by National Sharia Board
Syariah Nasional Majelis Ulama Indonesia (“DSN- of Indonesian Ulama Council (“DSN-MUI”), and
MUI”), serta opini syariah dari DPS. sharia opinion of DPS.
52. RENCANA BARANG MODAL 52. CAPITAL EXPENDITURE COMMITMENTS
Bank memiliki komitmen barang modal terkait The Bank has capital expenditure plans in relation
dengan perangkat IT sebesar Rp1.940.341 dan to the IT equipment amounting to Rp1,940,341 and
Rp1.939.959, masing-masing pada tanggal Rp1,939,959 as at 31 December 2025 and 2024,
31 Desember 2025 dan 2024. respectively.
152
Page 814
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
53. STANDAR AKUNTANSI KEUANGAN BARU 53. NEW FINANCIAL ACCOUNTING STANDARDS
YANG TELAH DISAHKAN NAMUN BELUM ISSUED BUT NOT YET EFFECTIVE
BERLAKU EFEKTIF
Dewan Standar Akuntansi Keuangan Ikatan Financial Accounting Standard Board of Indonesian
Akuntan Indonesia (“DSAK-IAI”) telah menerbitkan Institute of Accountants (“DSAK-IAI”) has issued the
standar baru, amendemen dan interpretasi berikut, following new standards, amendments and
namun belum berlaku efektif untuk tahun buku yang interpretations, but not yet effective for the financial
dimulai pada 1 Januari 2026 adalah sebagai berikut: year beginning 1 January 2026 are as follows:
- Amendemen PSAK 109: “Klasifikasi dan - Amendment of SFAS 109: “Classification and
Pengukuran Instrumen Keuangan” tentang Measurement of Financial Instruments”
penghentian pengakuan liabilitas keuangan, regarding the derecognition of financial
serta mengklarifikasi penilaian karakteristik liabilities, as well as clarifying the assessment
arus kas untuk aset keuangan dengan fitur of cash flow characteristics for financial assets
ESG-linked, aset keuangan dengan fitur non- with ESG-linked features, financial assets with
recourse, dan instrumen yang terikat secara non-recourse features, and contractually bound
kontraktual seperti tranche. instruments such as tranches.
- Amendemen PSAK 107: “Klasifikasi dan
Pengukuran Instrumen Keuangan” tentang - Amendment of SFAS 107: “Classification and
persyaratan pengungkapan investasi pada Measurement of Financial Instruments”
instrumen ekuitas yang diukur pada nilai wajar regarding requirements for investments in
melalui penghasilan komprehensif lain dan equity instruments measured at fair value
menambah ketentuan terkait instrumen through other comprehensive income and
keuangan dengan persyaratan kontraktual adding provisions related to financial
yang mengubah waktu atau jumlah arus kas instruments with contractual terms that change
kontraktual. the timing or amount of contractual cash flows.
Mulai efektif pada atau setelah tanggal Effective beginning on or after 1 January 2027.
1 Januari 2027.
- Amendemen PSAK 118: ”Penyajian dan - Amendment of SFAS 118: “Presentation and
Pengungkapan dalam Laporan Keuangan” Disclosure in Financial Statements” regarding
tentang disyaratkan pengungkapan penyajian the required disclosure of specified total and
total dan subtotal tertentu dalam laporan laba subtotal presentation within the statement of
rugi. Selain itu, entitas juga disyaratkan untuk profit or loss, including subtotals. Furthermore,
mengklasifikasikan seluruh pendapatan dan entities are required to classify all income and
biaya dalam laporan laba rugi dan penghasilan expenses within the statement of profit or loss
komprehensif lain ke dalam satu dari lima into one of five categories: operating, investing,
kategori: operasi, investasi, pendanaan, pajak financing, income taxes and discontinued
penghasilan dan operasi yang dihentikan. operations, whereof the first three are new. It
Amandemen ini mensyaratkan pengungkapan also requires disclosure of newly defined
atas ukuran kinerja tetapan manajemen, subtotal management-defined performance measures,
pendapatan dan biaya, serta persyaratan baru subtotals of income and expenses, and
untuk agregasi dari disagregasi informasi includes new requirements for aggregation and
keuangan. disaggregation of financial information.
- Amendemen PSAK 413: “Penurunan Nilai” - Amendment of SFAS 413: “Impairment”
tentang penurunan nilai atas instrumen regarding the impairment of financial
keuangan yaitu aset keuangan berbasis syariah instruments, namely shariabased financial
dan kafalah untuk penjaminan risiko kredit. assets and kafalah for credit risk guarantees.
PSAK 413 diterapkan pada aset keuangan SFAS 413 is applied to sharia financial assets
syariah berupa hak tagih yang jumlah kas dan in the form of collection rights whose cash
waktu pembayarannya sudah ditentukan dalam amount and scheduled payment have been
akad. Perhitungan penurunan nilai dalam PSAK determined in the contract. The calculation of
413 menggunakan konsep ekspektasi kerugian impairment in SFAS 413 uses the concept of
(expected loss) yang perhitungannya expected loss whose calculation reflects the
mencerminkan jumlah tidak bias dan probabilitas unbiased and probabilityweighted amount and
tertimbang (unbiased and probability-weighted reasonable and supportable information. This
amount) dan informasi wajar dan tersokong calculation does not reflect the time value of
(reasonable and supportable information). money.
Perhitungan tersebut tidak mencerminkan nilai
waktu atas uang (time value of money).
153
Page 815
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
53. STANDAR AKUNTANSI KEUANGAN BARU 53. NEW FINANCIAL ACCOUNTING STANDARDS
YANG TELAH DISAHKAN NAMUN BELUM ISSUED BUT NOT YET EFFECTIVE (continued)
BERLAKU EFEKTIF (lanjutan)
Mulai efektif pada atau setelah tanggal 1 Januari 2027 Effective beginning on or after 1 January 2027
(lanjutan). (continued).
- Kafalah penjaminan risiko kredit ditentukan - The credit risk guarantee kafalah is determined
jumlah yang lebih tinggi antara jumlah provisi by the higher amount between the provision
yang dihitung berdasarkan PSAK 413 dengan amount calculated based on SFAS 413 and the
jumlah liabilitas yang telah dibentuk amount of liabilities that have been formed.
- Amandemen PSAK 401: “Penyajian dan - Amendment to SFAS 401: “Presentation and
Pengungkapan dalam Laporan Keuangan Disclosure in Sharia Financial Statements”
Syariah” tentang perubahan penyajian dan regarding changes in the presentation and
pengungkapan informasi dalam laporan disclosure of information in the comprehensive
penghasilan komprehensif dan catatan atas income statement and notes to the financial
laporan keuangan. Entitas disyarakan untuk statements. Entities are required to classify
melakukan pengklasifikasian penghasilan dan income and expenses into categories of
beban ke dalam kategori operasi, investasi, operations, investments, financing, corporate
pendanaan, zakat perusahaan, pajak zakat, income tax, and discontinued operations.
penghasilan dan operasi yang dihentikan. Selain Additionally, it is also required to present
itu, disyaratkan juga untuk menyajikan subtotal subtotals for operating profit or loss, profit or loss
laba rugi operasi, laba rugi sebelum pendanaan, before financing, corporate zakat, and income
zakat perusahaan, dan pajak penghasilan, serta tax, as well as profit or loss.
laba rugi.
Untuk mengkomunikasikan pandangan To communicate management's views on
manajemen atas aspek kinerja keuangan secara overall financial performance, PSAK 401
keseluruhan, PSAK 401 mensyaratkan mandates the disclosure of management's
pengungkapan ukuran kinerja tetapan performance measures. These changes result
manajemen. Perubahan ini mengakibatkan in a more consistent structure for the
struktur laporan penghasilan komprehensif yang comprehensive income statement and enhance
lebih konsisten dan meningkatkan comparability between entities.
komparabilitas antarentitas.
Pada saat penerbitan laporan keuangan, Bank masih As at the authorisation date of financial statements,
mempelajari dampak yang mungkin timbul dari the Bank is still evaluating the potential impact of
penerapan standar baru dan revisi tersebut serta these new and revised standards to the financial
pengaruhnya pada laporan keuangan. statements.
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA STANDARDS
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia.
Indonesia.
a. Kolektibilitas giro dan penempatan pada a. Collectibility of current accounts and
Bank Indonesia placements with Bank Indonesia
Pada tanggal 31 Desember 2025 dan 2024, As at 31 December 2025 and 2024, all current
seluruh giro dan penempatan pada Bank accounts and placements with Bank Indonesia
Indonesia diklasifikasikan “Lancar”. are classified as “Current”.
b. Kolektibilitas giro dan penempatan pada b. Collectibility of current accounts and
bank lain placements with other banks
31 Desember/December 2025 31 Desember/December 2024
Cadangan kerugian Cadangan kerugian
penurunan nilai/ penurunan nilai/
Allowance for Allowance for
Jumlah/Total impairment losses Jumlah/Total impairment losses
Lancar 4,568,449 17,787 3,880,874 14,809 Current
154
Page 816
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
c. Kolektibilitas investasi pada surat berharga c. Collectibility of investments in marketable
securities
31 Desember/December 2025 31 Desember/December 2024
Cadangan kerugian Cadangan kerugian
penurunan nilai/ penurunan nilai/
Allowance for Allowance for
Jumlah/Total impairment losses Jumlah/Total impairment losses
Lancar 59,682,602 32,114 62,251,806 35,288 Current
d. Kolektibilitas tagihan akseptasi d. Collectibility of acceptance receivables
31 Desember/December 2025 31 Desember/December 2024
Cadangan kerugian Cadangan kerugian
penurunan nilai/ penurunan nilai/
Allowance for Allowance for
Jumlah/Total impairment losses Jumlah/Total impairment losses
Lancar 693,116 6,931 185,145 1,851 Current
e. Kolektibilitas piutang e. Collectibility of receivables
1) Kolektibilitas piutang murabahah adalah 1) Collectibility of Murabahah receivables as
sebagai berikut: follows:
31 Desember/December 2025 31 Desember/December 2024
Cadangan kerugian Cadangan kerugian
penurunan nilai/ penurunan nilai/
Allowance for Allowance for
Pokok/Principal impairment losses Pokok/Principal impairment losses
Lancar 143,378,540 1,678,284 138,808,664 1,720,199 Current
Dalam perhatian khusus 2,304,607 366,572 2,156,308 290,056 Special mention
Kurang lancar 939,997 332,157 885,705 299,394 Substandard
Diragukan 630,980 256,026 545,922 220,135 Doubtful
Macet 2,074,030 1,912,678 1,875,935 1,717,125 Loss
149,328,154 4,545,717 144,272,534 4,246,909
2) Kolektibilitas piutang istishna adalah 2) Collectibility of istishna receivables as
sebagai berikut: follows:
31 Desember/December 2025 31 Desember/December 2024
Cadangan kerugian Cadangan kerugian
penurunan nilai/ penurunan nilai/
Allowance for Allowance for
Pokok/Principal impairment losses Pokok/Principal impairment losses
Lancar - - 11 - Current
- - 11 -
3) Kolektibilitas piutang ijarah atas aset 3) Collectibility of ijarah receivables of assets
adalah sebagai berikut: as follows:
31 Desember/December 2025 31 Desember/December 2024
Cadangan kerugian Cadangan kerugian
penurunan nilai/ penurunan nilai/
Allowance for Allowance for
Pokok/Principal impairment losses Pokok/Principal impairment losses
Dalam perhatian khusus 524 26 229 11 Special mention
Kurang lancar 69 10 259 39 Substandard
Diragukan 118 59 359 179 Doubtful
Macet 11,510 11,510 15,095 15,095 Loss
12,221 11,605 15,942 15,324
155
Page 817
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
e. Kolektibilitas piutang (lanjutan) e. Collectibility of receivables (continued)
4) Kolektibilitas piutang ijarah multijasa 4) Collectibility of multi-services ijarah as
adalah sebagai berikut: follows:
31 Desember/December 2025 31 Desember/December 2024
Cadangan kerugian Cadangan kerugian
penurunan nilai/ penurunan nilai/
Allowance for Allowance for
Pokok/Principal impairment losses Pokok/Principal impairment losses
Lancar 150,563 1,712 168,722 1,794 Current
Dalam perhatian khusus 1,894 95 1,991 100 Special mention
Kurang lancar 702 105 209 32 Substandard
Diragukan 375 187 573 286 Doubtful
Macet 744 744 924 924 Loss
154,278 2,843 172,419 3,136
f. Kolektibilitas pinjaman qardh f. Collectibility of funds of qardh
31 Desember/December 2025 31 Desember/December 2024
Cadangan kerugian Cadangan kerugian
penurunan nilai/ penurunan nilai/
Allowance for Allowance for
Jumlah/Total impairment losses Jumlah/Total impairment losses
Lancar 17,393,253 477,918 13,452,780 512,708 Current
Dalam perhatian khusus 50,358 6,563 43,157 6,536 Special mention
Kurang lancar 8,503 1,080 6,446 820 Substandard
Diragukan 13,013 5,811 6,855 3,084 Doubtful
Macet 256,801 256,801 264,546 264,546 Loss
17,721,928 748,173 13,773,784 787,694
g. Kolektibilitas pembiayaan mudharabah g. Collectibility of mudharabah financing
31 Desember/December 2025 31 Desember/December 2024
Cadangan kerugian Cadangan kerugian
penurunan nilai/ penurunan nilai/
Allowance for Allowance for
Jumlah/Total impairment losses Jumlah/Total impairment losses
Lancar 2,864,007 26,154 2,869,536 25,945 Current
Dalam perhatian khusus - - - - Special mention
Macet 25,302 25,302 67,543 67,543 Loss
2,889,309 51,456 2,937,079 93,488
h. Kolektibilitas pembiayaan musyarakah h. Collectibility of musyarakah financing
31 Desember/December 2025 31 Desember/December 2024
Cadangan kerugian Cadangan kerugian
penurunan nilai/ penurunan nilai/
Allowance for Allowance for
Jumlah/Total impairment losses Jumlah/Total impairment losses
Lancar 140,020,753 2,174,755 109,803,514 1,924,213 Current
Dalam perhatian khusus 3,072,139 1,987,571 2,791,965 1,928,640 Special mention
Kurang lancar 420,966 208,359 424,908 227,708 Substandard
Diragukan 147,940 41,927 128,828 26,567 Doubtful
Macet 1,209,976 1,209,975 1,038,003 1,038,003 Loss
144,871,774 5,622,587 114,187,218 5,145,131
156
Page 818
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
i. Piutang, pembiayaan dan pinjaman yang i. Restructured receivables, financing and
direstrukturisasi funds
Jumlah piutang, pembiayaan dan pinjaman Receivables, financing and funds that have been
yang diberikan yang telah direstrukturisasi restructured by the Bank as at
oleh Bank sampai dengan tanggal 31 December 2025 and 2024 are as follows:
31 Desember 2025 dan 2024 adalah sebagai
berikut:
31 Desember/December 2025
Pembiayaan Pembiayaan
Mudharabah/ Musyarakah/
Piutang/ Pinjaman Qardh/ Mudharabah Musyarakah Jumlah/
Receivables Funds of Qardh Financing Financing Total
Lancar 8,703,121 700,948 - 8,714,677 18,118,746 Current
Dalam perhatian khusus 414,477 7,250 - 2,749,353 3,171,080 Special mention
Kurang lancar 193,722 293 - 258,292 452,307 Substandard
Diragukan 113,101 462 - 32,725 146,288 Doubtful
Macet 869,940 238,888 21,961 705,458 1,836,247 Loss
Jumlah 10,294,361 947,841 21,961 12,460,505 23,724,668 Total
31 Desember/December 2024
Pembiayaan Pembiayaan
Mudharabah/ Musyarakah/
Piutang/ Pinjaman Qardh/ Mudharabah Musyarakah Jumlah/
Receivables Funds of Qardh Financing Financing Total
Lancar 2,441,493 455,249 - 6,991,160 9,887,902 Current
Dalam perhatian khusus 347,765 7,637 - 2,574,563 2,929,965 Special mention
Kurang lancar 300,854 449 - 315,892 617,195 Substandard
Diragukan 160,586 700 - 51,580 212,866 Doubtful
Macet 1,014,695 243,304 64,205 730,372 2,052,576 Loss
Jumlah 4,265,393 707,339 64,205 10,663,567 15,700,504 Total
j. Rasio Non-Performing Financing (“NPF”) j. Non-Performing Financing (“NPF”) Ratio
31 Desember/December 2025
Aset yang
Diperoleh untuk
Pembiayaan Pembiayaan Ijarah - Bersih/
Mudharabah/ Musyarakah/ Assets
Piutang/ Pinjaman Qardh/ Mudharabah Musyarakah Acquired for Jumlah/
Receivables Funds of Qardh Financing Financing Ijarah - Net Total
Jumlah saldo*) 149,494,653 17,721,928 2,706,308 144,831,031 3,866,097 318,620,017 Total balance*)
NPF - Bruto*) 3,658,525 278,317 25,302 1,778,882 12,609 5,753,635 NPF - Gross*)
Persentase NPF Percentage of NPF
- Bruto 2.45% 1.57% 0.93% 1.23% 0.33% 1.81% - Gross
NPF - Neto*) 1,145,049 14,624 - 318,620 12,609 1,490,902 NPF - Net*)
Persentase NPF Percentage of NPF
- Neto 0.77% 0.08% 0.00% 0.22% 0.33% 0.47% - Net
*) Diluar piutang, pinjaman qardh, pembiayaan mudharabah, dan *) Exclude receivables, funds of qardh, mudharabah financing, and
pembiayaan musyarakah kepada bank lain musyarakah financing to other banks
31 Desember/December 2024
Aset yang
Diperoleh untuk
Pembiayaan Pembiayaan Ijarah - Bersih/
Mudharabah/ Musyarakah/ Assets
Piutang/ Pinjaman Qardh/ Mudharabah Musyarakah Acquired for Jumlah/
Receivables Funds of Qardh Financing Financing Ijarah - Net Total
Jumlah saldo*) 144,460,906 13,773,784 2,744,964 114,135,639 3,122,255 278,237,548 Total balance*)
NPF - Bruto*) 3,324,983 277,847 65,765 1,591,738 17,254 5,277,587 NPF - Gross*)
Persentase NPF Percentage of NPF
- Bruto 2.30% 2.02% 2.40% 1.39% 0.55% 1.90% - Gross
NPF - Neto*) 1,071,774 9,398 - 299,461 17,254 1,397,887 NPF - Net*)
Persentase NPF Percentage of NPF
- Neto 0.74% 0.07% 0.00% 0.26% 0.55% 0.50% - Net
*) Diluar piutang, pinjaman qardh, pembiayaan mudharabah, dan *) Exclude receivables, funds of qardh, mudharabah financing, and
pembiayaan musyarakah kepada bank lain musyarakah financing to other banks
157
Page 819
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
k. Mutasi agunan yang diambil alih k. Movement of the foreclosed collaterals
Mutasi agunan yang diambil alih pada tanggal Movement of the foreclosed collaterals as at
31 Desember 2025 dan 2024: of 31 December 2025 and 2024 are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Saldo awal 711,370 825,759 Beginning balance
Penyelesaian (55,816) (114,389) Settlement
Saldo akhir 655,554 711,370 Ending balance
Cadangan kerugian Allowance for
penurunan nilai (655,554) (711,370) impairment losses
- -
l. Kolektibilitas komitmen dan kontinjensi l. Collectibility of commitments and
contingencies
Kolektibilitas komitmen dan kontijensi dengan The collectibility of commitments and
risiko pembiayaan adalah sebagai berikut: contingencies with financing risk are as follows:
31 Desember/ 31 Desember/
December 2025 December 2024
Lancar 8,225,630 4,542,007 Current
Dalam perhatian khusus 53,446 2,193 Special mention
8,279,076 4,544,200
m. Rasio Giro Wajib Minimum (“GWM”) m. The Minimum Statutory Reserve
Requirement (“GWM”) Ratio
31 Desember/ 31 Desember/
December 2025 December 2024
Rupiah Rupiah
Kewajiban Pemenuhan GWM: Fulfillment of GWM:
GWM Harian 0.00% 0.00% GWM Daily
GWM Rata-Rata 7.50% 7.50% GWM Average
Insentif GWM (4.50%) (4.00%) GWM Incentives
Disinsentif Rasio Intermediasi Macroprudential Intermediation Ratio
Makroprudensial (“RIM”) 0.17% 0.00% (“RIM”) Disincentives
Total Kewajiban Pemenuhan GWM 3.17% 3.50% Total of Fulfillment of GWM
Pemenuhan Penyangga Likuiditas Fulfillment of Macroprudential
Makroprudensial (“PLM”) Liquidity Buffer (“PLM”)
(d/h GWM Sekunder) 2.50% 3.50% (previously GWM Secondary)
Realisasi Pemenuhan GWM 7.17% 4.83% Realisation Fulfillment of GWM
Realisasi Pemenuhan GWM Rata-Rata 6.20% 3.74% Realisation Fulfillment of GWM Average
Realisasi Pemenuhan Penyangga Realisation Fulfillment of Macroprudential
Likuiditas Makroprudensial (“PLM”) Liquidity Buffer (“PLM”)
(d/h GWM Sekunder) 13.66% 11.31% (previously GWM Secondary)
Valuta asing Foreign currencies
Kewajiban Pemenuhan GWM 1.00% 1.00% Fulfillment of GWM
Realisasi Pemenuhan GWM 17.42% 1.46% Realisation Fulfillment of GWM
158
Page 820
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
m. Rasio Giro Wajib Minimum (“GWM”) m. The Minimum Statutory Reserve
(lanjutan) Requirement (“GWM”) Ratio (continued)
Rasio GWM pada tanggal 31 Desember 2025 The GWM ratio as at 31 December 2025 and
dan 2024 dihitung berdasarkan Peraturan 2024 are calculated based on Board of
Anggota Dewan Gubernur (“PADG”) No. Governors Members Regulations (“PADG”) No.
24/8/PADG/2022 tentang “Peraturan 24/8/PADG/2022 regarding ”The
Pelaksanaan Pemenuhan Giro Wajib Minimum implementation of Minimum Statutory Reserves
dalam Rupiah dan Valuta Asing bagi Bank in Rupiah and Foreign Currency for
Umum Konvensional, Bank Umum Syariah, dan Conventional Banks, Sharia Banks and Sharia
Unit Usaha Syariah”, sebagaimana telah diubah Business Units”, as last amended by PADG
terakhir dengan PADG No. 12 tahun 2023 No. 12 year 2023 dated 27 September 2023 and
tanggal 27 September 2023 dan mulai berlaku effectively came into force on 1 October 2023.
sejak tanggal 1 Oktober 2023. PADG baru The new PADG regulates every Sharia Bank
tersebut mengatur setiap Bank Umum Syariah and Sharia Business Unit to maintain GWM in
dan Unit Usaha Syariah untuk memelihara Rupiah and foreign exchange, the amount of
GWM dalam Rupiah dan valuta asing yang which is set at 7.5% and 1% of third party funds
besarnya ditetapkan sebesar 7,5% dan 1% dari (“TPF”) in Rupiah and foreign exchange.
dana pihak ketiga (“DPK”) dalam Rupiah dan
valuta asing.
Dalam perhitungan kewajiban pemenuhan In calculating the fulfillment of Rupiah statutory
GWM Rupiah, terdapat komponen insentif reserves, there is a GWM incentive component
GWM sesuai PADG No. 8 tahun 2025 tanggal which is in accordance with the PADG No. 8
27 Maret 2025 tentang “Perubahan Ketiga atas year 2025 dated 27 March 2025 concerning
Peraturan Anggota Dewan Gubernur Nomor “Third amendment of Board of Governors
24/8/PADG/2022 tentang Peraturan Members Regulations (“PADG”) No.
Pelaksanaan Pemenuhan Giro Wajib Minimum 24/8/PADG/2022 regarding the implementation
dalam Rupiah dan Valuta Asing bagi Bank of Minimum Statutory Reserves in Rupiah and
Umum Konvensional, Bank Umum Syariah, dan Foreign Currency for Conventional Banks,
Unit Usaha Syariah”, serta disinsentif RIM Sharia Banks and Sharia Business Units”, as
sesuai Peraturan Bank Indonesia Nomor well as disincentives RIM according to Bank
21/12/PBI/2019 tanggal 25 November 2019 Indonesia Regulation Number 21/12/PBI/2019
tentang “Perubahan atas Peraturan Bank dated 25 November 2019 concerning
Indonesia Nomor 20/4/PBI/2018 tentang Rasio “Amendments to Bank Indonesia Regulation
Intermediasi Makroprudensial dan Penyangga Number 20/4/PBI/2018 concerning
Likuiditas Makroprudensial bagi Bank Umum Macroprudential Intermediation Ratio and
Konvensional, Bank Umum Syariah, dan Unit Macroprudential Liquidity Buffer for
Usaha Syariah”. Conventional Commercial Banks, Sharia
Commercial Banks, and Sharia Business Unit”.
Bank juga memiliki kewajiban untuk memenuhi Bank also has the obligation to fulfill
Penyangga Likuiditas Makroprudensial Macroprudential Liquidity Buffer as regulated by
sebagaimana diatur dalam PADG No. 11 Tahun PADG No. 11 year 2025 dated 1 June 2025
2025 tanggal 1 Juni 2025 tentang “Perubahan concerning “Eight amendment of Board of
Kedelapan atas Peraturan Anggota Dewan Governors Members Regulations (“PADG”) No.
Gubernur Nomor 21/22/PADG/2019 tentang 21/22/PADG/2019 regarding Macroprudential
Rasio Intermediasi Makroprudensial dan Intermediation Ratio and Macroprudential
Penyangga Likuiditas Makroprudensial bagi Liquidity Buffer for Conventional Commercial
Bank Umum Konvensional, Bank Umum Banks, Sharia Commercial Banks, and Sharia
Syariah, dan Unit Usaha Syariah”. Business Unit”.
159
Page 821
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
m. Rasio Giro Wajib Minimum (“GWM”) m. The Minimum Statutory Reserve
(lanjutan) Requirement (“GWM”) Ratio (continued)
Selain ketentuan di atas, berdasarkan In addition, based on Bank Indonesia
Peraturan Bank Indonesia (“PBI”) Regulation (“PBI”) No. 23/07/PADG/2021 which
No. 23/07/PADG/2021 yang berlaku sejak is effective from 1 May 2021 and Bank
1 Mei 2021 dan Peraturan Bank Indonesia Indonesia Regulation (“PBI”) No.
(“PBI”) No. 21/22/PADG/2019 yang berlaku 21/22/PADG/2019 which is effective from 28
sejak 28 November 2019, terdapat perubahan November 2019, there are changes in the
perhitungan GWM Financing to Deposit Ratio calculation of GWM Financing to Deposit Ratios
(“FDR”) menjadi RIM. Bank harus memelihara (“FDR”) to RIM. Bank must pay additional
tambahan GWM jika RIM Bank kurang dari Statutory Reserves if the Bank’s RIM is less
batas bawah 84% atau melebihi batas atas than the lower limit of 84% or exceeds the upper
target Bank Indonesia sebesar 94%. limit of the Bank Indonesia target of 94%.
Saldo giro pada Bank Indonesia disediakan The balance of current accounts with Bank
untuk memenuhi persyaratan GWM dari Bank Indonesia is maintained to meet the GWM of
Indonesia. Bank Indonesia.
Bank telah memenuhi ketentuan Bank As at 31 December 2025 and 2024, the Bank
Indonesia tentang GWM pada tanggal has complied with the Bank Indonesia
31 Desember 2025 dan 2024. regulations regarding the GWM.
n. Kewajiban Penyediaan Modal Minimum n. Minimum Required Capital Adequacy Ratio
(”KPMM”) (“CAR”)
Pada tanggal 31 Desember 2025 dan 2024, As at 31 December 2025 and 2024, the CAR are
rasio KPMM Bank dihitung berdasarkan calculated based on OJK Regulation No.
Peraturan OJK No. 21/POJK.03/2014 tanggal 21/POJK.03/2014 dated 19 November 2014, as
19 November 2014 yang mencabut peraturan amended in previous regulation. The CARs as at
sebelumnya. Rasio KPMM pada tanggal 31 December 2025 and 2024 are as follows:
31 Desember 2025 dan 2024 adalah sebagai
berikut:
31 Desember/ 31 Desember/
December 2025 December 2024
Modal inti 48,109,082 41,685,617 Core capital
Modal pelengkap (maksimum Supplementary capital (maximum
100% dari modal inti) 120,000 160,000 100% over core capital)
Cadangan umum penyisihan General reserves of allowance for
kerugian aset produktif impairment losses on earning
(maksimum 1,25% dari Aset assets (maximum 1.25% of
Tertimbang Menurut Risiko Risk Weighted Assets
(”ATMR”)) 2,344,058 2,105,714 (”RWA”))
50,573,140 43,951,331
ATMR Risiko Kredit 187,167,249 168,052,923 RWA for Financing Risk
ATMR Risiko Pasar 3,974,723 1,693,430 RWA for Market Risk
ATMR Risiko Operasional 38,772,256 35,598,536 RWA for Operational Risk
229,914,228 205,344,889
Rasio KPMM Bank untuk Risiko Bank’s CAR for Credit Risk
Kredit dan Risiko Operasional 22.38% 21.58% and Operational Risk
Rasio KPMM Bank untuk Risiko
Kredit, Risiko Pasar Bank’s CAR for Credit Risk, Market Risk
dan Risiko Operasional 22.00% 21.40% and Operational Risk
Rasio KPMM yang diwajibkan 9.99% 9.99% Minimum CAR
160
Page 822
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
n. Kewajiban Penyediaan Modal Minimum n. Minimum Required Capital Adequacy Ratio
(”KPMM”) (lanjutan) (“CAR”) (continued)
Berdasarkan profil risiko Bank pada tanggal 31 Based on the risk profile as at 31 December
Desember 2025 dan 2024, yaitu satisfactory, 2025 and 2024, which is satisfactory, the
maka KPMM minimum pada tanggal 31 minimum CAR as at 31 December 2025 and
Desember 2025 dan 2024, ditetapkan sebesar 2024, was determined at 9% to less than 10%.
9% sampai dengan kurang dari 10%.
Selain wajib membentuk modal inti dan modal In addition to provide core capital and
pelengkap, Bank wajib untuk memenuhi supplementary capital, the Bank is required to
Countercyclical Buffer yang ditetapkan dalam provide Countercyclical Buffer ranging from 0%
kisaran 0% sampai dengan 2,5% dari ATMR to 2.5% of RWA based on POJK regulation No.
sesuai dengan POJK No. 21/POJK.03/2014 21/POJK.03/2014 regarding the Minimum
tentang Kewajiban Penyediaan Modal Minimum Required Capital Adequacy Ratio of Sharia
Bank Umum Syariah. Bank.
Hasil penilaian menunjukan bahwa Bank The assessment result shows that the Bank
mampu untuk memenuhi KPMM sesuai dengan has met the Minimum CAR in accordance with
profil risiko dan mampu memenuhi ketentuan its risk profile and met additional capital buffer
tambahan modal (buffer). requirement.
o. Rasio piutang, pembiayaan dan pinjaman o. Small business receivables, financing and
usaha kecil funds ratio
Rasio piutang, pembiayaan dan pinjaman The ratio of small business receivables,
usaha kecil terhadap jumlah piutang, financing and funds to total sharia receivables,
pembiayaan dan pinjaman syariah yang financing and funds are 16.52% and 18.86% as
diberikan Bank adalah sebesar 16,52% dan at 31 December 2025 and 2024, respectively.
18,86% masing-masing pada tanggal
31 Desember 2025 dan 2024.
p. Batas Maksimum Penyaluran Dana dan p. Maximum Limit for Distribution of Funds and
Penyaluran Dana Besar ("BMPD") Distribution of Large Funds (“BMPD”)
Dalam laporan Batas Maksimum Penyaluran Based on the Maximum Limit for Distribution of
Dana dan Penyaluran Dana Besar ("BMPD") Funds and Distribution of Large Funds (“BMPD”)
kepada Otoritas Jasa Keuangan pada tanggal to the Financial Services Authority as at 31
31 Desember 2025 dan 2024 tidak terdapat December 2025 and 2024 there are no
piutang, pembiayaan dan pinjaman pihak terkait receivables, financing and funds related parties
yang melampaui ketentuan BMPD. which exceeded the BMPD regulation.
Pihak terkait dalam ketentuan BMPD adalah Related parties in BMPD regulation are
perorangan atau perusahaan yang mempunyai individuals or companies that have a controlling
hubungan pengendalian dengan Bank, baik relationship with the Bank, either directly or
secara langsung maupun tidak langsung, indirectly, through ownership, management
melalui hubungan kepemilikan, kepengurusan, and/or financial relationships.
dan/atau keuangan.
161
Page 823
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
q. Posisi Devisa Neto (“PDN”) q. Net Open Position (“NOP”)
Perhitungan PDN didasarkan pada Peraturan The NOP is calculated based on Bank Indonesia
Bank Indonesia No. 5/13/PBI/2003 tanggal Regulation No. 5/13/PBI/2003 dated 1 July 2003
1 Juli 2003 sebagaimana telah diubah terakhir which was last amended by Bank Indonesia
dengan Peraturan Bank Indonesia Regulation No. 17/5/PBI/2015 dated 29 May
No. 17/5/PBI/2015 tanggal 29 Mei 2015. 2015. Based on this regulation, the Bank is
Berdasarkan peraturan tersebut, Bank required to maintain NOP ratio at a maximum of
diwajibkan untuk menjaga rasio PDN 20% of the total capital. The NOP is the sum of
maksimum 20% dari jumlah modal. PDN the absolute values, which are stated in Rupiah,
adalah penjumlahan nilai absolut yang of the net difference between the assets and
dinyatakan dalam Rupiah dari selisih bersih liabilities denominated in each foreign currency
antara aset dan liabilitas dalam mata uang and the net difference of the receivables and
asing dan selisih bersih dari tagihan dan payables of commitments and contingencies
liabilitas komitmen dan kontinjensi yang dicatat recorded in the administrative accounts
dalam rekening administratif yang denominated in each foreign currency.
didenominasi dalam setiap mata uang asing.
PDN Bank pada tanggal 31 Desember 2025 The NOP of Bank as at 31 December 2025 and
dan 2024 adalah sebagai berikut: 2024 are as follows:
31 Desember/December 2025
Aset/ Liabilitas/ Posisi devisa neto/
Mata uang Assets Liabilities Net open position Currencies
Laporan Posisi Keuangan Statements of Financial Position
dan Rekening Administratif and Administrative Accounts
Dolar Amerika Serikat 33,500,018 31,948,350 1,551,668 United States Dollar
Riyal Saudi Arabia 2,832,466 4,082,659 1,250,193 Saudi Arabian Riyal
Dolar Singapura 147,817 142,217 5,600 Singapore Dollar
Euro Eropa 111,131 101,461 9,670 European Euro
Yuan China 9,280 51 9,229 Chinese Yuan
Dolar Australia 6,109 11 6,098 Australian Dollar
Dirham Uni Emirat Arab 3,648 - 3,648 United Arab Emirates Dirham
Pound Sterling Inggris 26,527 - 26,527 Great Britain Pound Sterling
Yen Jepang 10,603 11 10,592 Japanese Yen
Franc Swiss 1,787 - 1,787 Swiss Franc
Dolar Hong Kong 270 - 270 Hong Kong Dollar
2,875,282
Modal (Catatan 54n) 50,573,140 Capital (Note 54n)
Rasio PDN 5.69% NOP Ratio
Rasio PDN pada tanggal 31 Desember 2025 Net Open Position ratio as of 31 December
jika menggunakan modal bulan November 2025 2025 if calculated using November 2025 capital
adalah sebagai berikut: as follows:
Modal bulan November 2025/November 2025 Capital 49,810,163
Rasio PDN/NOP ratio 0.81%
162
Page 824
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
q. Posisi Devisa Neto (“PDN”) (lanjutan) q. Net Open Position (“NOP”) (continued)
31 Desember/December 2024
Aset/ Liabilitas/ Posisi devisa neto/
Mata uang Assets Liabilities Net open position Currencies
Laporan Posisi Keuangan Statements of Financial Position
dan Rekening Administratif and Administrative Accounts
Dolar Amerika Serikat 25,296,035 24,636,104 659,931 United States Dollar
Riyal Saudi Arabia 351,576 82,187 269,389 Saudi Arabian Riyal
Dolar Singapura 40,635 27,204 13,431 Singapore Dollar
Euro Eropa 22,580 17,507 5,073 European Euro
Yuan China 19,607 - 19,607 Chinese Yuan
Dolar Australia 9,329 210 9,119 Australian Dollar
Dirham Uni Emirat Arab 6,941 22 6,919 United Arab Emirates Dirham
Pound Sterling Inggris 6,510 - 6,510 Great Britain Pound Sterling
Yen Jepang 2,903 - 2,903 Japanese Yen
Dolar Hong Kong 262 - 262 Hong Kong Dollar
993,144
Modal (Catatan 54n) 43,951,331 Capital (Note 54n)
Rasio PDN 2.26% NOP Ratio
Rasio PDN pada tanggal 31 Desember 2024 Net Open Position ratio as of 31 December
jika menggunakan modal bulan November 2024 2024 if calculated using November 2024 capital
adalah sebagai berikut: as follows:
Modal bulan November 2024/November 2024 Capital 44,101,982
Rasio PDN/NOP ratio 2.25%
r. Manajemen risiko r. Risk management
Risiko operasional Operational risk
Risiko operasional adalah risiko kerugian yang Operational risk is the risk of loss resulting from
diakibatkan oleh ketidakcukupan dan/atau tidak inadequate and/or failed internal processes,
berfungsinya proses internal, kesalahan human error, system failures, and/or external
manusia, kegagalan sistem, dan/atau adanya events that affect the Bank’s operations.
kejadian-kejadian eksternal yang
mempengaruhi operasional Bank.
Pengelolaan risiko operasional selaras dengan Operational risk management is aligned with
pengembangan upaya pengendalian the development of internal control efforts. One
internal. Salah satu upaya yang dilakukan Bank of the efforts made by the Bank is the
dengan menerapkan pengendalian internal implementation of internal controls through the
melalui pemisahan tugas dan tanggung jawab segregation of duties and responsibilities
(segregation of duties) yaitu pemisahan fungsi (segregation of duties), namely the separation
(maker, checker, approver), mekanisme dual of functions (maker, checker, approver), dual
control dalam setiap transaksi, deviasi/otorisasi, control mechanisms in every transaction,
pembatasan otoritas sistem akses, peningkatan deviation/ authorisation, restrictions on access
kompetensi karyawan, dan pelaksanaan audit to the system authority, increasing employee’s
internal. competence and the implementation of internal
audit.
163
Page 825
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
r. Manajemen risiko (lanjutan) r. Risk management (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Tindakan yang diambil oleh Bank untuk The actions taken by the Bank to minimise
meminimalkan risiko operasional di antaranya operational risks include the following:
sebagai berikut:
1) Menyusun Kebijakan, Standar Prosedur 1) Formulating Policies, Standard Operating
dan Petunjuk Teknis Operasional sebagai Procedures, and Operational Technical
panduan dalam penerapan manajemen Instructions as guidance for implementing
risiko operasional di seluruh unit kerja. operational risk management across all work
Ketentuan tersebut akan direview dan units. These provisions will be reviewed and
disosialisasikan secara berkala sesuai disseminated periodically in line with the
dengan kebutuhan dan perubahan kondisi Bank’s needs and changes in internal and
internal dan eksternal Bank. external conditions.
2) Membentuk fungsi pengelola yang terpisah 2) Establish a separate management function
dari satuan kerja operasional dengan tugas from the operational work unit with the task
memastikan penerapan manajemen risiko of ensuring the implementation of
operasional di unit kerja. Fungsi tersebut operational risk management in the work
dilaksanakan oleh Senior Operational Risk unit. This function is carried out by the Senior
Head (SORH) dengan mengkoordinir: Operational Risk Head (SORH) by
coordinating:
a) Decentralized Compliance & a) Decentralized Compliance &
Operational Risk (DCOR) di Kantor Operational Risk (DCOR) at the Head
Pusat; dan Office; and
b) Regional Business Control (RBC) di b) The Regional Business Control (RBC)
kantor Jaringan. at branch offices.
3) Menyiapkan tools penerapan manajemen 3) Preparing tools for implementation of
risiko operasional, antara lain Risk and operational risk management, including Risk
Control Self Assessment, Key Risk & Control Self Assessment, Key Risk
Indicator, Loss Event Database, Laporan Indicators, Loss Event Database,
Perangkat Risiko Operasional, dan Control Operational Risk Tools Reports and Control
Testing. Testing.
4) Melakukan kajian & analisis risiko 4) Conducting operational risk studies &
operasional, memberikan masukan/ analysis, providing input/opinions/reviews
opini/review atas usulan produk dan/atau on proposed new products and/or activities,
aktivitas baru, serta perubahan as well as changes and updates to the
pemutakhiran ketentuan operasional Bank. Bank's operational provisions.
5) Menerapkan Business Continuity 5) Applying a Business Continuity
Management (“BCM”) untuk memastikan Management (“BCM”) to ensure the
kelangsungan operasional Bank secara continuity of operations of the Bank despite
terus menerus meskipun terjadi gangguan the disturbance (disaster) and to protect the
(bencana) untuk melindungi kepentingan interests of stakeholders.
stakeholders.
164
Page 826
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
r. Manajemen risiko (lanjutan) r. Risk management (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Tindakan yang diambil oleh Bank untuk The actions taken by the Bank to minimise
meminimalkan risiko operasional di antaranya operational risks include the following:
sebagai berikut: (lanjutan) (continued)
6) Melakukan proses rekrutmen yang 6) Conducting an adequate recruitment
memadai untuk memastikan integritas dan process to ensure the integrity and
kompetensi calon karyawan termasuk competence of prospective employees,
penerapan Know Your Employee (“KYE”), including the implementation of Know Your
memberikan pelatihan dan sertifikasi yang Employee (“KYE”), providing continuous
berkesinambungan, meningkatkan training and certification, enhancing risk
kesadaran risiko melalui berbagai program awareness through various risk awareness
risk awareness, serta menerapkan programs, and implementing reward and
kebijakan reward dan punishment yang punishment policies that encourage
mendorong peningkatan kinerja dan disiplin improved employee performance and
pegawai. discipline.
Risiko hukum Legal risk
Risiko hukum adalah risiko akibat tuntutan Legal risk is the risk due to lawsuits and/or
hukum dan/atau kelemahan aspek yuridis. weaknesses of juridical aspects. The
Timbulnya risiko hukum antara lain dapat emergence of legal risk can be caused by the
disebabkan karena ketiadaan peraturan absence of supporting laws and regulations or
perundang-undangan yang mendukung atau the weakness of the agreement, such as non-
kelemahan perikatan, seperti tidak dipenuhinya compliance with the legal terms of the contract
syarat sahnya kontrak atau pengikatan agunan or imperfect binding of collateral. As a company
yang tidak sempurna. Sebagai perusahaan governed by the laws of the Republic of
yang diatur oleh hukum Republik Indonesia, Indonesia, the Bank must comply with all
Bank harus selalu mematuhi semua hukum dan applicable laws and regulations issued by Bank
peraturan yang dikeluarkan oleh Bank Indonesia/Financial Service Authority (“OJK”)
Indonesia/Otoritas Jasa Keuangan (“OJK”) as a regulator in the banking industry in
sebagai regulator dalam industri perbankan di Indonesia as well as other regulations relating
Indonesia serta ketentuan lain yang berkaitan to business activities carried out by the Bank.
dengan kegiatan usaha yang dilakukan oleh
Bank.
Risiko hukum yang timbul dapat berupa Legal risk that arise can be in the form of claims
tuntutan kerugian material ataupun immaterial for material or immaterial losses if the Bank
apabila Bank tidak mematuhi ketentuan dan does not comply with the applicable rules and
peraturan yang berlaku. Jika terjadi tuntutan regulations. If there is a claim for losses against
kerugian terhadap Bank dalam jumlah yang the Bank in a material amount, it can directly
cukup material, maka secara langsung dapat affect the Bank's financial performance.
mempengaruhi kinerja keuangan Bank.
165
Page 827
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
r. Manajemen risiko (lanjutan) r. Risk management (continued)
Risiko hukum (lanjutan) Legal risk (continued)
Dalam mengelola risiko hukum, Bank In managing legal risk, the Bank performs
melakukan tindakan di antaranya: actions such as:
1) Melakukan reviu terhadap kebijakan dan 1) Conducting a review of policies and
prosedur operasi standar yang terkait standard operating procedures related to
dengan pengelolaan risiko hukum sesuai the management of legal risk in
dengan peraturan yang berlaku. accordance with applicable regulations.
2) Mengembangkan organisasi hukum yang 2) Developing a strong legal organisation.
kuat.
3) Standarisasi akad dan perjanjian kerja sama 3) Standardising contract and cooperation
sesuai dengan peraturan yang berlaku. agreement in accordance with applicable
regulations.
4) Menentukan kebijakan cadangan perkara. 4) Determining the case provision policy.
Risiko kepatuhan Compliance risk
Risiko kepatuhan adalah risiko yang timbul dari Compliance risk is the risk arising from the Bank
kegagalan Bank dalam mematuhi dan/atau failures in complying and/or applying applicable
menerapkan peraturan perundang-undangan laws and regulations and Sharia principles. In
yang berlaku dan prinsip-prinsip the banking industry, the Bank is required to
Syariah. Dalam industri perbankan, Bank wajib comply with regulations issued by the
mematuhi peraturan yang dikeluarkan oleh Government, Bank Indonesia, OJK and the
Pemerintah, Bank Indonesia, OJK, dan Dewan National Sharia Boards.
Syariah Nasional.
Secara umum, risiko kepatuhan terkait erat In general, this risk is closely related to
dengan hukum yang berlaku dan peraturan, compliance with applicable laws and
yang mengatur Bank, seperti: regulations, which governs the Bank, such as:
1) Rasio Kewajiban Penyediaan Modal 1) Capital Adequacy Ratio (“CAR”);
Minimum (“KPMM”);
2) Kualitas Aset Produktif; 2) Quality of Earning Assets;
3) Penyisihan Penghapusan Aset (“PPA”); 3) Allowance of Earning Assets (“PPA”);
4) Batas Maksimum Pemberian Pembiayaan; 4) Legal Lending Limit;
5) Good Corporate Governance (“GCG”); dan 5) Good Corporate Governance (“GCG”); and
6) Rencana Bisnis Bank (“RBB”). 6) Bank Business Plan (“RBB”).
Ketidakmampuan Bank untuk mengikuti dan The inability of the Bank to follow and comply
mematuhi semua hukum dan peraturan yang with all laws and regulations related to banking
terkait dengan kegiatan usaha perbankan dapat activities may affect the continuity of the Bank.
mempengaruhi kelangsungan Bank.
166
Page 828
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
54. INFORMASI TAMBAHAN YANG TIDAK 54. ADDITIONAL INFORMATION NOT REQUIRED
DISYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN FINANCIAL ACCOUNTING
KEUANGAN INDONESIA (lanjutan) STANDARDS (continued)
Informasi tambahan berikut merupakan informasi The following additional information is required by
yang disyaratkan oleh regulasi yang berlaku dan tidak applicable regulations and is not required by the
disyaratkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards in Indonesia:
Indonesia: (lanjutan) (continued)
r. Manajemen risiko (lanjutan) r. Risk management (continued)
Risiko kepatuhan (lanjutan) Compliance risk (continued)
Dalam mengelola risiko kepatuhan, Bank In managing the compliance risks, the Bank
melakukan tindakan di antaranya: performs actions such as:
1) Meningkatkan pemahaman tentang GCG 1) Improving understanding of GCG and the
dan kode etik. code of conduct.
2) Penguatan pelaksanaan GCG dan 2) Strengthening GCG implementation and
memastikan bahwa semua debitur ensuring that all financing debtors meet all
pembiayaan untuk memenuhi semua financing needs.
kebutuhan pembiayaan.
3) Menyusun dan menyampaikan laporan 3) Preparing and submitting GCG to Financial
GCG kepada Otoritas Jasa Keuangan. Services Authority.
4) Meningkatkan pelaksanaan Know Your 4) Increasing the implementation of the Know
Customer (“KYC”), Anti Pencucian Uang Your Customer (“KYC”), Anti Money
(“APU”), dan Pencegahan Pendanaan Laundering (“APU”) and the Prevention of
Teroris (“PPT”). Financing for Terrorism (“PPT”).
5) Meningkatkan pelaksanaan compliance 5) Improving the implementation of
certification. compliance certification.
6) Bekerja sama dengan Dewan Pengawas 6) Working closely with the Sharia Supervisory
Syariah dalam memastikan kepatuhan Bank Board in ensuring compliance of the Bank
terhadap prinsip syariah. with sharia principles.
7) Memberdayakan Kepatuhan Syariah untuk 7) Empowering Sharia Compliance to review
mereviu dan menganalisis kepatuhan dari and analyse the compliance of the Bank’s
produk Bank/kegiatan dengan prinsip products/activities with sharia principles.
syariah.
55. REKLASIFIKASI LAPORAN KEUANGAN 55. RECLASSIFICATION OF THE PRIOR YEAR
TAHUN SEBELUMNYA FINANCIAL STATEMENTS
Laporan posisi keuangan tanggal 31 Desember The statement of financial position as of
2024 dan laporan arus kas untuk tahun yang 31 December 2024 and statement of cash flow for
berakhir pada tanggal 31 Desember 2024 the year ended 31 December 2024 were classified
direklasifikasi terkait penyajian sertifikat investasi in relation to presentation of interbank mudharabah
mudharabah antarbank (“SIMA”) untuk investment certificate (“SIMA”) to conform with the
menyesuaikan dengan penyajian laporan posisi presentation of statement of financial position as of
keuangan tanggal 31 Desember 2025 dan laporan 31 December 2025 and statement of cash flow for
arus kas untuk tahun yang berakhir pada tanggal the year ended 31 December 2025 as follows:
31 Desember 2025, yaitu sebagai berikut:
31 Desember/December 2024
Sebelum Setelah
reklasifikasi/ reklasifikasi/
Before Reklasifikasi/ After
LAPORAN POSISI KEUANGAN reclassification Reclassification reclassification STATEMENT OF FINANCIAL POSISTION
LIABILITAS LIABILITIES
Simpanan dari bank lain 4,151,348 (3,366,650) 784,698 Deposits from Other Banks
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
Sertifikat Investasi Mudharabah Interbank Mudharabah
Antarbank (“SIMA”) - 3,366,650 3,366,650 Investment Certificate (“SIMA”)
167
Page 829
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
55. REKLASIFIKASI LAPORAN KEUANGAN 55. RECLASSIFICATION OF THE PRIOR YEAR
TAHUN SEBELUMNYA (lanjutan) FINANCIAL STATEMENTS (continued)
31 Desember/December 2024
Sebelum Setelah
reklasifikasi/ reklasifikasi/
Before Reklasifikasi/ After
LAPORAN ARUS KAS reclassification Reclassification reclassification STATEMENT OF CASH FLOWS
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
OPERASI OPERATING ACTIVITIES
Kenaikan/(penurunan) liabilitas Increase/(decrease) in liabilities
Simpanan dari bank lain 2,390,047 (1,738,474) 651,573 Deposits from Other Banks
Dana Syirkah Temporer 27,023,092 1,738,474 28,761,566 Temporary Syirkah Funds
Dampak reklasifikasi SIMA terhadap laporan posisi The impact of SIMA reclassification on the
keuangan periode awal komparatif (1 Januari 2024) comparative initial period statement of financial
adalah tidak material yaitu terdapat pengurangan position (1 January 2024) is immaterial, namely
saldo liabilitas simpanan dari bank lain sebesar there is a reduction in the balance of deposit from
Rp1.628.176 dan penambahan dana syirkah other banks of Rp1,628,176 and an increase in
temporer sebesar Rp1.628.176. temporary syirkah funds of Rp1,628,176.
56. PERISTIWA SETELAH TANGGAL PERIODE 56. EVENT AFTER THE REPORTING DATE
PELAPORAN
Perubahan Anggaran Dasar dan penerbitan Amendment to the Articles of Association and
Surat Kuasa Khusus (SKK) Issuance of a Special Power of Attorney
Bank telah menyelenggarakan Rapat Umum The Bank held an Extraordinary General Meeting of
Pemegang Saham Luar Biasa Perseroan tanggal Shareholders (“EGMS”) on 22 December 2025, with
22 Desember 2025 (“RUPSLB”) dengan salah satu one of the agenda items being the approval of
mata acara RUPSLB berupa persetujuan amendments to the Articles of Association (“AoA”),
perubahan Anggaran Dasar (“AD”), di mana salah whereby one of the key points of the AoA
satu poin penting perubahan AD Bank adalah amendment for the Bank is the granting of additional
penambahan hak istimewa pemegang saham Seri special rights to Series A Dwiwarna shareholders
A Dwiwarna berdasarkan ketentuan UU BUMN. based on the provision of SOE Law. The
Perubahan Anggaran Dasar Perseroan tersebut amendments to the Company’s AoA have been
telah mendapatkan persetujuan Kementerian approved by the Ministry of Law of the Republic of
Hukum Republik Indonesia Nomor AHU Indonesia under Decree No. AHU
0003351.AH.01.02.TAHUN 2026 Tentang 0003351.AH.01.02.TAHUN 2026 Regarding the
Persetujuan Perubahan Anggaran Dasar Approval of Amendments to the Articles of
Perseroan Terbatas PT Perusahaan Perseroan Association of the Limited Liability Company PT
(Persero) PT Bank Syariah Indonesia Tbk tanggal Perusahaan Perseroan (Persero) PT Bank Syariah
23 Januari 2026 dan Penerimaan Pemberitahuan Indonesia Tbk dated 23 January 2026 and
Perubahan Anggaran Dasar dari Kementerian acknowledgment of notification No. AHU-AH.01.03-
Hukum Republik Indonesia Nomor AHU AH.01.03- 0019406 dated 23 January 2026.
0019406 tanggal 23 Januari 2026.
Dengan telah efektifnya perubahan Anggaran With the effective change of the Company's Articles
Dasar Perseroan maka secara administrasi of Association, the Company is administratively
Perseroan telah efektif berstatus sebagai Persero effective as a State-Owned Enterprise, so the name
sehingga penulisan nama Perseroan pada pasal 1 of the Company in Article 1 of the Articles of
Anggaran Dasar disesuaikan menjadi "PT Bank Association is adjusted to “PT Bank Syariah
Syariah Indonesia (Persero) Tbk" sebagaimana Indonesia (Persero) Tbk” as regulated by the
diatur dalam peraturan perundang-undangan yang applicable laws and regulations.
berlaku.
168
Page 830
The original financial statements
included herein are in the Indonesian language.
PT BANK SYARIAH INDONESIA TBK PT BANK SYARIAH INDONESIA TBK
CATATAN ATAS LAPORAN NOTES TO THE FINANCIAL STATEMENTS
KEUANGAN As of December 31, 2025 and
Tanggal 31 Desember 2025 dan untuk for the Year Then Ended
Tahun yang Berakhir pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
56. PERISTIWA SETELAH TANGGAL PERIODE 56. EVENT AFTER THE REPORTING DATE
PELAPORAN (lanjutan) (continued)
Perubahan Anggaran Dasar dan penerbitan Amendment to the Articles of Association and
Surat Kuasa Khusus (SKK) (lanjutan) Issuance of a Special Power of Attorney
(continued)
Setelah dilakukannya perubahan AD Perseroan Following the amendment of the Company’s AOA,
tersebut, Badan Pengaturan Badan Usaha Milik the State-Owned Enterprises Regulatory Agency /
Negara/BP BUMN (dahulu bernama Kementerian BP BUMN (previously known as Ministry of SOE)
BUMN) yang mewakili Pemerintah sebagai which represents the Government, as the holder of
pemegang saham Seri A Dwiwarna pada Series A Dwiwarna shares in the Company issued
Perseroan menerbitkan Surat Kuasa Khusus a Special Power of Attorney (“SPA”) No. SKK-
(“SKK”) Nomor SKK-7/BPU/01/2026 tanggal 27 7/BPU/01/2026 dated 27 January 2026, which
Januari 2026 yang melimpahkan sebagian hak dan transferred some of the rights and authorities of the
kewenangan dari pemegang saham Dwi warna Dwiwarna shareholders to PT Danantara Asset
kepada PT Danantara Asset Management (“DAM”) Management (“DAM”) as the Operational Holding of
selaku Holding Operasional BUMN berdasarkan SOE pursuant to the SOE Law, and revoked the
UU BUMN, dan mencabut SKK sebelumnya yang previous SKK granted to PT Bank Mandiri (Persero)
diberikan kepada PT Bank Mandiri (Persero) Tbk Tbk, one of the Bank's shareholders.
salah satu pemegang saham Bank. (“Bank Mandiri”)
(“Bank Mandiri”)
Dampak dari hal diatas adalah Bank Mandiri telah The impact of the above is that Bank Mandiri lost its
kehilangan pengendalian atas Bank sesuai dengan control over the Bank in accordance with the criteria
kriteria dari Standar Akuntansi Keuangan yang of prevailing Indonesian Accounting Standard since
berlaku di Indonesia sejak 27 Januari 2026, karena 27 January 2026, as the control has been
pengendalian tersebut telah berpindah ke DAM. transferred to DAM.
169
Page 831
PT Bank Syariah Indonesia (Persero) Tbk Kantor Pusat Gedung The Tower Jl. Gatot Subroto No. 27 Kelurahan Karet Semanggi, Kecamatan Setiabudi, Jakarta Selatan 1293 Kontak BSI Call - 14040 Telp. 62081584114040 contactus@bankbsi.co.id Facebook: Bank Syariah Indonesia Instagram: @banksyariahindonesia Youtube: Bank Syariah Indonesia Twitter: bankbsi_id
Names mentioned 244 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Syariah Indonesia Tbk
p.4 ×9
unresolved
org
PT Bank Syariah Indonesia Tbk’s
p.5
unresolved
person
Ir. H. Joko Widodo
p.5
unresolved
org
Bank Umum Syariah
p.7
unresolved
person
Pengantar Tanggung Jawab
· Sekretaris Perusahaan
p.7
unresolved
org
Bank License
p.8
unresolved
org
Bank Syariah
p.8 ×13
unresolved
org
Bank OPERATION Green
p.13
unresolved
org
Bank Indonesia
p.20 ×24
unresolved
org
Bank BSI Phase II Year
p.26 ×5
unresolved
org
Bank BSI Tbk
p.26 ×6
unresolved
org
Indonesia Stock Exchange
p.26 ×2
unresolved
org
Bank BSI Sustainability-Based Mudharabah Sukuk I Phase II
p.27
unresolved
org
Bank BSI Sustainability-June
p.27
unresolved
org
Bank BSI Sustainability-Based Mudharabah
p.27
unresolved
org
Indonesia Tbk
p.28 ×6
unresolved
org
Pusat Statistik
p.36
unresolved
person
Mochamad Agus Rofiudin
· Commissioner
p.42 ×8
unresolved
org
Government of the Republic of Indonesia
p.48 ×2
unresolved
org
Financial Services Authority
p.49 ×12
unresolved
person
PROF. DR. KH. HASANUDIN
· Ketua
p.61 ×5
unresolved
person
MBA
p.64 ×2
unresolved
person
Dr. H. Oni Sahroni
· Anggota
p.64 ×3
unresolved
person
Dr. KH. Abdul Ghofur Maimoen
· Anggota
p.64 ×3
unresolved
person
Prof. Dr. Jaih Mubarok
· Anggota
p.64 ×3
unresolved
person
PROF. DR. JAIH MUBARAK
p.65 ×2
unresolved
person
Notary Jose Dima Satria S.H.
p.69 ×2
unresolved
org
Bank Syariah Indonesia Bank Syariah Indonesia Note
p.70
unresolved
org
Mandiri (Persero) Tbk
p.72
unresolved
org
BRIsyariah Tbk.
p.72 ×3
unresolved
org
Bank BRIsyariah Tbk
p.72 ×46
unresolved
org
PT Bank Jasa Arta
p.72 ×5
unresolved
org
PT Bank Syariah BRI
p.72 ×3
unresolved
org
Minister of Law and Human Rights
p.72 ×9
unresolved
org
Ministry of Laws and Human
p.72
unresolved
org
PT Bank Syariah In
p.72
unresolved
org
PT Bank Syariah Mandiri
p.72 ×6
unresolved
person
Notary Ashoya Ratam
p.72 ×10
unresolved
org
PT Bank BNI Syariah.
p.72 ×3
unresolved
org
PT Bank LEADING THE NEW ERA OF BULLION
p.72
unresolved
person
Notary Liem Toeng Kie
p.73
unresolved
org
Minister of Justice No. J.A.
p.73
unresolved
person
Notary Fathiah Helmi
p.73 ×8
unresolved
org
PT Bank BRISyariah November Deed
p.73
unresolved
org
PT Bank Rakyat Indonesia BRIsyariah
p.74
unresolved
org
Ministry of Finance
p.75
unresolved
org
PT Bank Leave
p.77
unresolved
org
PT PLN
p.80
unresolved
org
Bank Syariah Indonesia. BSI Deposito
p.81
unresolved
org
Bank SKDBN
p.85
unresolved
org
Bank Indonesia’s QR
p.86
unresolved
org
Bank Syariah Indonesia ATMs
p.86
unresolved
org
Bank Syariah Indonesia Customers. BSI Aisyah
p.86
unresolved
org
Bank Syariah Indonesia’s Interactive Assistant
p.86
unresolved
org
Bank Syariah Indonesia. BSI Net
p.86
unresolved
org
Bank Syariah Indonesia Griya Hasanah Online
p.86
unresolved
person
H. Thamrin
p.90 ×2
unresolved
person
Dr. Ratulangi
p.90 ×2
unresolved
person
Banda Aceh Ahmad
p.90
unresolved
—
Banda Aceh T.
p.90
unresolved
—
Panglima Nyak
p.90
unresolved
person
Prof. A Majid Ibrahim No. 6,
p.91 ×2
unresolved
person
Muhammad Malikul Zahir No.135C,
p.91
unresolved
—
Medan - Banda Aceh, Simpang IV,
p.91 ×2
unresolved
—
Darussalam No.1, Kel. Gampong
p.91
unresolved
—
Yos Sudarso No.164, Takengon,
p.91
unresolved
—
Imam Bonjol, Kel. Drien Rampak,
p.91
unresolved
—
Pertokoan Suak Tungkul
p.91
unresolved
org
Persada No. 99A, Kel. Keudee Siblah,
p.91
unresolved
—
Iskandar Muda No.14,
p.91
unresolved
—
Nyak Adam Kamil No. 42,
p.91
unresolved
—
Komplek Windsor Central
p.91
unresolved
—
Basuki Rahmat No. 1-3, Kel. Tanjung
p.91
unresolved
—
Kejaksaan No. 3B,
p.91
unresolved
—
S. Parman No. 250 E/8,
p.91
unresolved
—
Soekarno Hatta, Kel. Timbang
p.92
unresolved
person
Jenderal Sudirman No. 162,
p.92
unresolved
person
Haji Imam Munandar No. 8,
p.92
unresolved
—
Hangtuah, Kel. Batang Dui,
p.92
unresolved
—
Mandau Kab. Bengkalis
p.92
unresolved
—
S.M. Raja No. 88, Kel. Bakaran Batu,
p.92
unresolved
—
Sudirman No. 130 A,
p.92
unresolved
—
Sutoyo Siswomiharjo No. 22,
p.92
unresolved
—
Diponegoro No. 189,
p.92
unresolved
—
Gotong Royong,
p.92
unresolved
—
Komp. Pertokoan Central Niaga
p.92
unresolved
—
Bandar Jaya No. 1-3,
p.92
unresolved
—
Bengkulu S Parman
p.92
unresolved
—
JI. Adam Malik RT/RW 023/08,
p.92
unresolved
—
Yos Sudarso No. 12
p.92
unresolved
org
Branch Office
p.92 ×10
unresolved
—
Kapt. Pattimura No. 29-30
p.92
unresolved
—
Perintis Kemerdakaan No. 4-5,
p.93
unresolved
—
Belakang Olo No. 45,
p.93
unresolved
—
Masjid Jamik No. 123,
p.93
unresolved
—
Sudirman No. 7-8
p.93
unresolved
—
01/10, Kel. Muara Dua,
p.93
unresolved
—
Komplek
p.93 ×3
unresolved
—
Ruko Cikarang Central City,
p.93
unresolved
—
Paviliun BSI Jakarta Barat,
p.93
unresolved
—
HOS Cokroaminoto No. 69,
p.93
unresolved
—
Komplek Graha Bulevar
p.93
unresolved
—
Komplek Graha Mas Pemuda,
p.93
unresolved
—
Ruko
p.93
unresolved
—
5A-5B,
p.93
unresolved
—
Perkantoran Mitra Matraman
p.93
unresolved
—
M. H. Thamrin No. 5,
p.94
unresolved
—
Bendungan Hilir Raya
p.94
unresolved
org
Hilir Branch Office
p.94
unresolved
person
KH. Hasyim Ashari
p.94
unresolved
—
Sultan Ageng Tirtayasa
p.94
unresolved
person
Ahmad Yani No. 175 C-D,
p.94 ×3
unresolved
—
Paviliun BSI Bogor
p.94
unresolved
—
Ruko Graha Cibinong
p.94
unresolved
—
Ruko Depok Mas
p.94
unresolved
—
RS Fatmawati No. 12, Kel. Gandaria
p.94
unresolved
—
S. Hasanudin No. 57,
p.94
unresolved
person
Kyai Maja
p.94
unresolved
person
Ir. H. Juanda No. 111,
p.94
unresolved
person
Ir. H. Juanda
p.94 ×2
unresolved
—
Saharjo No.204A
p.95
unresolved
—
Raya Pasar Minggu No. 75,
p.95
unresolved
—
Bintaro Trade Center,
p.95
unresolved
—
Sudirman
p.95
unresolved
—
Pahlawan Seribu ITC BSD
p.95
unresolved
org
Ciledug No. 148-149, Kel. Kota Kulon,
p.95
unresolved
org
Garut Kota, Kab. Garut
p.95
unresolved
org
Asia Afrika No. 174
p.95
unresolved
—
Panatayuda I No 68,
p.95
unresolved
—
Amir Machmud No. 118,
p.95
unresolved
person
Dr. Cipto Mangunkusumo No. 79,
p.95 ×2
unresolved
—
BSI Tasikmalaya
p.95
unresolved
person
Ahmad Yani No.172-174,
p.95
unresolved
person
Ruko Ahmad Yani No. 9,
p.96 ×2
unresolved
—
Diponegoro
p.96
unresolved
person
KH. Mansyur No.4,
p.96
unresolved
person
KH. Mansyur
p.96
unresolved
—
Raya Soekarno Hatta No. 325,
p.96
unresolved
—
Slamet Riyadi No. 294,
p.96 ×3
unresolved
—
Slamet Riyadi No. 318,
p.96
unresolved
—
Mataram Hasanudin
p.96
unresolved
person
Mohammad Hatta No.56,
p.96
unresolved
—
Gajah Mada No. 9 RT/RW 014/005,
p.96
unresolved
—
Raya Puputan No.114,
p.96
unresolved
—
P. B. Sudirman No. 41-43,
p.96
unresolved
—
Ruko Hassanuddin Business Center
p.96
unresolved
—
Cokroaminoto No. 10 RT.01
p.96
unresolved
—
Jaksa Agung Suprapto No. 48,
p.96
unresolved
—
Ruko Bani Ressidence A&B
p.97
unresolved
—
Panglima Sudirman No. 99A,
p.97
unresolved
—
Ruko Cempaka Mas
p.97
unresolved
person
KH. Akhmad Muksin
p.97
unresolved
—
Mulawarman, Kel. Karang Anyar
p.97
unresolved
—
Banjarmasin
p.97
unresolved
—
Lambung
p.97
unresolved
—
Sukma Arianingrat No. 14,
p.97
unresolved
person
Ir. Pangeran Haji Muhammad Noor
p.97
unresolved
—
M. T. Haryono No. 6, Kel. Mentawa
p.97
unresolved
—
Palangkaraya
p.98
unresolved
person
A. Yani Km 35,5 ,
p.98
unresolved
—
Alianyang No. 16 C-D, Kel. Melayu,
p.98
unresolved
person
Ahmad Yani No. 48,
p.98
unresolved
person
Dr. Sam Ratulangi
p.98
unresolved
—
Andi Jemma No.150,
p.98
unresolved
—
Andi Makkasau No. 38,
p.98
unresolved
—
Komplek Perniagaan Kelapa Dua -
p.98
unresolved
—
Ruko Jatiland Business Center
p.98
unresolved
—
Tendean (Boulevard)
p.98
unresolved
person
Ahmad Yani No. 127, Kel. Heledulaa
p.98
unresolved
—
Abdullah Silondae No. 137,
p.98
unresolved
person
Forum Komunikasi
· Direktur
p.99
unresolved
org
Bank Agen Penjual Efek Reksa Dana Indonesia
p.99
unresolved
org
Musyawarah Perbankan Daerah
p.99
unresolved
org
Sentral Efek Indonesia
p.99
unresolved
org
Minister of Education and Culture
p.102
unresolved
—
Concurrent Positions Appointed
· Independent Commissioner
p.103
unresolved
org
PT Cetara Bangun Persada
p.103
unresolved
org
PT Kustodian Sentral Efek Indonesia
p.337
unresolved
person
Felicitas Tallulemang
· Commissioner
p.337
unresolved
person
Mochamad Agus Rofjudin
· Commissioner
p.337
unresolved
person
Meidy Ferdiansyah
· Commissioner
p.337 ×2
unresolved
person
Vice
· Chairman
p.491
unresolved
org
Purwanto Susanti
p.651
unresolved
org
Young Global Limited
p.651
unresolved
person
Liem Toeng Liem Toeng Kie
p.673 ×2
unresolved
person
Kie
p.673
unresolved
org
PT Bank Syariah BRI BRI
p.673
unresolved
org
Menteri Hukum dan Hak Asasi Manusia
p.673
unresolved
org
Ministry of Laws Republik
p.673
unresolved
person
Notary Ratam
p.677 ×2
unresolved
person
Ratam
p.678
unresolved
—
Seri A Dwiwarna
p.765 ×2
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