Adira Finance's Shariah Financing Shows Strong Growth

Significant Expansion in Shariah Segment

PT Adira Dinamika Multi Finance Tbk (ADMF), known as Adira Finance, has reported a significant increase in its Shariah financing operations. Through November 2025, the company recorded Rp8.1 trillion in new Shariah financing, representing a 13% year-on-year growth. This performance has elevated the Shariah segment's contribution to 21% of the company's total new financing.

Launch of Innovative Haji Plus Financing Product

To capitalize on the growing demand for Shariah-compliant financial products, Adira Finance introduced the Hasanah product - a specialized financing solution for Haji Plus pilgrimage costs. This innovative offering uses an ijarah multijasa contract, ensuring compliance with Shariah principles while providing clear benefit and cost structures from the outset.

Key Features of Hasanah Product

The Hasanah product offers several attractive features to customers:

1. Non-collateral financing option, reducing barriers to access
2. Flexible tenor of up to 60 months, allowing for manageable payments
3. Official registration for Haji Plus pilgrimage quota, providing certainty to customers
4. Shariah compliance through ijarah multijasa contract structure

Industry Context and Future Prospects

The growth in Adira Finance's Shariah financing aligns with the broader trend in Indonesia's Islamic finance sector. According to the Financial Services Authority (OJK), Shariah financing receivables reached Rp30.44 trillion by November 2025, representing a 14.48% year-on-year increase compared to Rp26.59 trillion in the same period the previous year. This growth trajectory indicates increasing consumer preference for Shariah-based financial products.

Strategic Implications

Adira Finance's success in expanding its Shariah financing portfolio demonstrates the company's commitment to financial inclusion and product innovation. By developing specialized products like Hasanah, the company is not only driving business growth but also contributing to the broader development of Indonesia's Islamic finance ecosystem.