BSI Director of Compliance & Human Capital Tribuana Tunggadewi noted in an official statement here on Saturday that despite the common role of women as treasuries or financial managers in their households, they still need to receive financial products.
Tunggadewi affirmed that the BSI will continue improving financial literacy, especially concerning investments suitable for families to engage in.
"In Sharia banks, there are products whose rewards will continue to flow. The name is waqf (usufruct property). Waqf's benefits will be carried on, (so in) that way Sharia banks can fulfill the financial, social, and spiritual needs," Tunggadewi explained.
For instance, in BSI, women can buy gold and sell it when they need emergency funds.
She highlighted that since BSI was established in 2021, which was during the COVID-19 pandemic, it has consistently provided empowerment programs for women by collaborating with BSI Maslahat.
During the COVID-19 pandemic, she said, the bank held the Resilient Women Program that benefited women whose spouses had succumbed to COVID.
She highlighted that at least 828 women in Lombok, West Nusa Tenggara, have benefited from Mawar Emas Financing Program, held to provide financial resources for the community in the mosque environment to protect the people from loan sharks.
BSI has implemented the Bank Waqf Mikro (BWM) financing program that provides resources for people in Islamic boarding schools across Indonesia, with 13 thousand women being part of the beneficiaries.
"BSI commits to developing micro, small, and medium enterprises (MSMEs) and supporting the empowerment of unbankable businesses. We also collaborate with BSI Maslahat, which manages zakat (obligatory payment) that will be distributed to people in need," Tunggadewi stated.
Translator: M Heriyanto, Kenzu
Editor: Aditya Eko Sigit Wicaksono
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