99 Tekno Jakarta – PT Bank Rakyat Indonesia (Persero) Tbk, commonly known as BRI, has officially forged a significant strategic partnership with Syailendra Capital. This collaboration was cemented through a mutual fund distribution signing ceremony held at BRI’s Head Office in Jakarta on May 20. The alliance represents a pivotal move for BRI in its ongoing efforts to broaden public access to diverse Sharia-compliant investment opportunities.
Aris Hartanto, BRI’s Director of Consumer Banking, emphasized that this partnership is an integral part of BRI’s strategy to enhance its investment services for customers. Through this synergistic collaboration, Syailendra Capital’s mutual fund products are now readily available via BRImo, BRI’s innovative superapp, as well as across BRI’s extensive network of branch offices throughout Indonesia. This initiative seamlessly integrates BRI’s unparalleled nationwide reach with Syailendra Capital’s proven expertise as one of Indonesia’s leading investment management firms, known for its substantial assets under management.
“For BRI, this collaboration significantly strengthens our wealth management ecosystem and positions us as a provider of integrated financial solutions that genuinely resonate with our customers’ evolving needs,” stated Aris. He further added, “By synergizing with Syailendra Capital, our goal is to offer mutual fund investments that are not only more accessible and trustworthy but also include Sharia-based investment products, which are experiencing growing demand among the community.”
Through this strategic alliance, investors can now access two prominent Sharia-compliant offerings from Syailendra Capital: the Syailendra Sharia Money Market Fund (SSMMF) and the Syailendra Sharia Fixed Income Fund (SSFIF). The SSMMF is a Sharia money market fund primarily investing in Sharia money market instruments and Sharia bonds with maturity periods of less than one year. This structure ensures adherence to Islamic financial principles.
Characterized by its relatively low risk profile and high liquidity, the SSMMF stands out as an ideal choice for new investors or those seeking short-term fund placements with competitive potential returns. As of April 30, 2026, the SSMMF delivered a one-year return of 4.99%, with a remarkably accessible minimum investment starting from just Rp50,000.
Conversely, the SSFIF is a Sharia fixed income fund meticulously focused on Sharia bond instruments, particularly investment-grade corporate sukuk. This product is actively and selectively managed through a robust investment strategy targeting corporate sukuk with a minimum ‘A’ rating, thereby mitigating credit risk effectively. Furthermore, its portfolio is predominantly composed of relatively short-duration instruments, contributing to its stable performance and reduced sensitivity to fluctuations in interest rates or inflation.
Given these characteristics, the SSFIF is specifically designed for investors with a moderate risk appetite who aspire for medium to long-term investment growth, all while strictly upholding Sharia principles. As of April 30, 2026, the SSFIF recorded an impressive one-year return of 7.58%, available with a minimum investment starting at just Rp10,000.
This partnership is poised to significantly broaden public access to Sharia investment options and stimulate the penetration of investment products into the retail segment across various regions of Indonesia. Leveraging BRI’s expansive network, this collaboration promises to introduce more practical and affordable Sharia investment alternatives, empowering a wider demographic to participate in the capital market while adhering to their financial principles.
Summary
PT Bank Rakyat Indonesia (BRI) has partnered with Syailendra Capital to expand public access to Sharia-compliant investment products via the BRImo superapp and nationwide branch network. This strategic alliance aims to strengthen BRI’s wealth management ecosystem by offering integrated financial solutions that cater to the growing demand for Islamic investment vehicles across Indonesia.
The collaboration features two primary products: the Syailendra Sharia Money Market Fund (SSMMF) for low-risk, short-term liquidity, and the Syailendra Sharia Fixed Income Fund (SSFIF) for moderate-risk, medium to long-term growth. With low minimum investment thresholds, this initiative simplifies the investment process and encourages broader participation in the capital market while maintaining strict adherence to Sharia principles.