Indonesians Turn to Gold Installments for Long-Term Financial Security
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- Indonesians are increasingly turning to gold installment schemes as a strategy to protect long-term asset value, driving sharp growth in sharia-based financing.
- Bank Mega Syariah recorded a significant surge in gold financing, reflecting changing consumer behavior toward investment-oriented financial planning.
- The rising appeal of gold as a safe asset continues to boost consumer financing and overall banking performance in early 2026.
+br)]:pb-2″>Jakarta – Public interest in purchasing gold through sharia-based installment schemes continues to rise as more Indonesians seek to preserve long-term asset value. This trend is reflected in a sharp increase in gold financing recorded in early 2026.
PT Bank Mega Syariah (BMS) reported that outstanding gold financing through its Flexi Gold product exceeded Rp31 billion as of April 2026. The figure represents a surge of more than 1,236 percent since the beginning of the year.
Benadicto Alvonzo Ferary, Head of Digital Business and Product Management at Bank Mega Syariah, said that customers are increasingly using financing facilities not only for consumption but also for structured financial planning.
“Public interest in owning gold through installment schemes has continued to grow in recent months,” Benadicto said in a statement on Tuesday.
He noted that gold remains widely regarded as a relatively safe asset for preserving value. As a result, installment schemes offer an accessible option for individuals seeking gradual ownership without the need for large upfront payments.
This trend has also supported the expansion of Bank Mega Syariah’s consumer financing portfolio. As of April 2026, total consumer financing reached more than Rp586 billion, marking a year-on-year growth of approximately 23 percent.
The growth has contributed to higher income from the consumer segment, which stood at Rp5.4 billion in April 2026, up 12.28 percent compared to the previous month.
Regionally, Jakarta and its surrounding areas remained the largest contributors to consumer financing, with total financing reaching Rp202.7 billion. This was followed by Area 4 with Rp122.9 billion and Area 3 with Rp98 billion.
Overall, Bank Mega Syariah’s total financing reached more than Rp9.26 trillion in the first quarter of 2026, reflecting a growth of about 7.2 percent compared to the end of last year. Meanwhile, the bank’s pre-tax profit rose by approximately 51 percent to more than Rp79.97 billion.
indonesianpost.com | Republika
