In 2017, PT SMI has established a Sharia Financing Division to accommodate financing and investment needs under the Sharia principles. In 2018, PT SMI issued Sukuk Berkelanjutan I Sarana Multi Infrastruktur worth IDR 3 trillion with a Stage I Year 2018 emission value of IDR 1 trillion. All proceeds from the Sukuk issuance is intended for the business activities of the Sharia Financing Division and also aims to support the development of the Sukuk market in Indonesia.

Sukuk Berkelanjutan I Sarana Multi Infrastruktur

Total Facility: IDR 3 trillion

Stage I Year 2018 – IDR1 trillion

Tranche AIDR680,0 billion3 years7,55%
Tranche BIDR320,0 billion
5 years7,80%

Rating Agency: PT Pemeringkat Efek Indonesia (Pefindo)

Trustee: PT Bank Mandiri (Persero) Tbk