Bank Muamalat's Islamic Gold Financing Sees Dramatic Growth

Significant Expansion in 2025

PT Bank Muamalat Indonesia Tbk., Indonesia's first Islamic bank, has reported a significant surge in its Islamic gold financing through the Solusi Emas Hijrah product. By December 2025, the bank's gold financing reached Rp1.1 trillion, representing a 33-fold increase year-on-year. This growth was accompanied by a 1,218% YoY increase in the number of accounts, reaching 24,335 accounts.

Factors Driving Growth

According to Ricky Rikardo Mulyadi, Director of Bank Muamalat, the substantial growth reflects increasing public confidence in the bank's Solusi Emas Hijrah product. The bank has made it easier for customers to access financing through both its branch network and digital channels via Muamalat Digital Islamic Network (Muamalat DIN). The product allows customers to plan their gold ownership gradually, with options ranging from 5 grams to 500 grams and a maximum tenor of 10 years with minimal down payment requirements starting from 0%.

Market Outlook and Future Plans

The growth in gold financing is expected to continue into 2026, driven by the stable outlook for gold prices and ongoing public interest in gold as an investment. Bank Muamalat remains optimistic about further penetration of its Solusi Emas Hijrah product, given its potential for growth in the Islamic financing sector. The bank plans to continue promoting Islamic gold financing to both existing customers and the wider public.