DistantNews
Support us
๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

Bank BSN Partners with Jombang Islamic Boarding School to Build Islamic Economy Ecosystem

From Republika · () Indonesian

Translated from Indonesian and summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified New plan
  • Bank BSN is partnering with the Bahrul Ulum Islamic Boarding School in Jombang to develop an Islamic financial ecosystem.
  • The collaboration aims to provide financial services, including financing and digital transactions, to the pesantren community and surrounding businesses.
  • This initiative supports Bank BSN's growth a year after its transformation from BTN Syariah, leveraging digital channels like the Bale Syariah app.

Bank BSN is forging a strategic alliance with the Bahrul Ulum Islamic Boarding School in Jombang, East Java, to cultivate a robust Islamic economy ecosystem. Recognizing the significant economic potential within pesantren communities, which extend to students, alumni, parents, and local entrepreneurs, Bank BSN aims to enhance access to Sharia-compliant financial services.

Islamic banks should not only be a place to save or get financing, but must be present to bring blessings and benefits.

โ€” Alex Sofjan NoorPresident Director of Bank BSN, explaining the bank's vision for its role within the pesantren community.

Alex Sofjan Noor, the President Director of Bank BSN, emphasized that Islamic banks should offer more than just savings and financing. He stated, "Islamic banks should not only be a place to save or get financing, but must be present to bring blessings and benefits." He views pesantren as crucial hubs for financial literacy and economic empowerment for the Muslim community. "We see pesantren not just as users of Islamic financial services, but also as centers for literacy and drivers of the ummah's economy," Alex added.

The partnership encompasses a wide array of services, including fund placement, financing facilities, payroll, virtual accounts, Cash Management System (CMS), and QRIS transactions. Crucially, it also includes programs for Sharia economic literacy and education tailored for the pesantren environment. This integrated approach is designed to streamline the pesantren's financial activities while simultaneously serving the transactional and financing needs of the surrounding community.

We see pesantren not just as users of Islamic financial services, but also as centers for literacy and drivers of the ummah's economy.

โ€” Alex Sofjan NoorPresident Director of Bank BSN, highlighting the broader economic and educational role of Islamic boarding schools.

This collaboration marks a significant step for Bank BSN, which has been operating for a year following its transformation from BTN Syariah. As of July 2026, the bank reported total assets of approximately Rp81.1 trillion, with disbursed financing at Rp62 trillion and third-party funds (DPK) at Rp64.1 trillion. The bank's net profit reached around Rp643.6 billion in the same period. To support its expanding ecosystem, Bank BSN relies on digital channels, notably its Bale Syariah application, which boasts over 225,000 active users for daily transactions, including transfers, bill payments, QRIS, and charitable donations.

Until now, the digital platform has been used by more than 225 thousand active users for various daily transaction needs, from transfers, bill payments, QRIS services, zakat, infaq, sedekah, to top-up of KAI Commuter's Multi Trip Card (KMT).

โ€” Alex Sofjan NoorPresident Director of Bank BSN, detailing the usage of the Bale Syariah digital application.
About this summary

Originally published by Republika in Indonesian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.