Jakarta, ThedailyID — PT Bank Syariah Indonesia Tbk (BSI) continues to strengthen its custody business to unlock the untapped potential of the Islamic ecosystem in Indonesia’s capital market. As of December 2025, the bank managed assets under custody (AUC) exceeding Rp128 trillion, marking a 12.88% year-on-year increase. Retail participation also rose sharply, with more than 64,000 custody accounts recorded, up 73% from the previous year.
Reflecting this strong performance, BSI received international recognition as The Best Islamic Custodian Bank at the 19th Annual Transaction Banking Awards 2025 organized by Alpha Southeast Asia in Singapore. The award marks BSI’s third consecutive year earning this distinction and highlights the bank’s commitment to governance, professionalism, and service excellence.
The recognition reinforces BSI’s position as a market leader in Islamic custody services and underscores the quality, credibility, and trust it has built among stakeholders in the sharia capital market industry.
Firman Nugraha, BSI’s Director of Treasury & International Banking, said the bank holds a strategic position as Indonesia’s largest Islamic custodian bank. He noted that BSI was the first sharia bank in the country to be registered as a custodian bank and remains focused on sustaining positive and long-term growth by tapping into the large potential of the Islamic financial ecosystem.
Firman added that Indonesia’s vast Islamic ecosystem offers significant growth opportunities for custody services. BSI aims to serve as a one-stop solution provider for sharia-based capital market services, including safekeeping, fund services, trustee services, and agency functions. These services support efficient transaction settlement in the Islamic capital market while helping clients optimize investment management and business opportunities.
BSI’s custody operations are supported by a professional team with more than a decade of experience in the capital market industry. Their expertise is complemented by an integrated and reliable custody system designed to ensure security and operational efficiency.
Looking ahead, BSI plans to expand its custody business by introducing more innovative features and services aligned with evolving market needs. One key initiative is the bank’s readiness to participate in the gold business ecosystem, particularly in the administration of Gold Exchange-Traded Funds (Gold ETF), as part of efforts to strengthen sharia investment instruments in the capital market.
