PT Bank Syariah Indonesia Tbk (BSI) is strongly committed to driving the optimization of zakat and sustainable economic growth in Indonesia as one of the implementations of the government’s Asta Cita program, which includes strengthening national defense and resilience systems and promoting national self-reliance through a green economy, one of which is through the implementation of green zakat.

The support was emphasized at the launch of the Green Zakat Framework in Jakarta, alongside the United Nations Development Programme (UNDP) Indonesia and the National Amil Zakat Agency (BAZNAS).

The Green Zakat Framework is the world’s first strategic innovation and initiative created to integrate sustainability values into zakat practices. With the Green Zakat Framework, the utilization of zakat not only functions as an instrument for poverty alleviation but also as a tool to support environmental conservation and sustainable development.

It was stated: “BSI, in running its business and operations, always prioritizes programs that can provide benefit to the community and sustainability. The Green Zakat Framework is a solution expected to create broader collaboration among institutions and increase public interest in paying zakat, so that Indonesia’s zakat potential, which reaches Rp327 trillion, can be optimized and create broader benefits for the community.”

As of June 2025 (unaudited), BSI has distributed sustainable financing of Rp72.8 trillion, growing 19.3% year-on-year, consisting of green financing of Rp15.3 trillion (growing 14.5% year-on-year) and social financing of Rp57.5 trillion (growing 20.6% year-on-year). Green financing distribution is dominated by the sustainable natural resource management and land use sector, eco-efficiency, and renewable energy. Additionally, BSI is also active in distributing electric vehicle financing.

It was emphasized that accelerating sustainable financing supports the achievement of sustainable national development. This is a strategic part of the Bank’s role as an agent of change in sustainable business, preserving the environment, ensuring equitable economic growth, maintaining national competitiveness, and strengthening Indonesia’s role in facing the global climate crisis.

Sustainable programs carried out by BSI include launching green buildings, a one home one tree program for every home financing disbursement, building charging stations, and using electric vehicles for operations. BSI has also implemented the ISO 26000 standard to meet sustainability goals under the Sustainable Beyond Banking pillar and is a leader in the ZISWAF ecosystem for achieving sustainable development goals.

On the social side, BSI, which has distributed nearly Rp1 trillion in zakat from corporate and employee contributions, is also active in empowerment programs such as establishing assisted villages aimed at helping reduce poverty, providing RVMs to recycle plastic drinking water bottles, and other programs for the benefit of the community.

At this event, a panel discussion was also held titled “Institutionalizing Green Zakat and Green Waqf: Turning Ethical Finance into Environmental Action.” The discussion emphasized the importance of transparency, impact measurement, and long-term sustainability in environmentally based zakat management, involving government, religious institutions, Islamic banking, and civil society.

As of May 2025, the company has distributed Rp65.6 billion in zakat year to date. Various focus areas of distribution include Economy, Education, Health, Humanity, and Advocacy, with total beneficiaries reaching 240,075 people. Currently, more than 15,700 people have been assisted, especially through the BSI Village program, BSI Scholarship, and BSI SME Center.

With this green zakat initiative, the company continues to develop environmental empowerment programs utilizing zakat. Among these, the BSI Village and SME Center programs include environmental care activities such as installing solar panels, building greenhouses, waste management, marine ecosystem maintenance, and integrated waste management.

Asta Cita

I am unable to find any verifiable information on a place or cultural site named “Asta Cita.” It is possible the name is misspelled, from a very localized context, or is a fictional location. Could you please check the spelling or provide any additional details about it?

Green Zakat Framework

The Green Zakat Framework is an innovative Islamic finance initiative that channels obligatory Muslim alms (zakat) into environmental and climate-related projects. It emerged in the early 21st century as a response to global ecological challenges, reinterpreting traditional zakat principles to fund initiatives like reforestation, clean water access, and renewable energy for poor communities. This modern application aims to achieve both social welfare and ecological sustainability in line with Islamic teachings on stewardship of the Earth.

UNDP Indonesia

UNDP Indonesia is the local branch of the United Nations Development Programme, established to support the country’s development goals. It has a long history of partnering with the Indonesian government and civil society on key initiatives, from post-independence recovery to contemporary programs focused on sustainable development, poverty reduction, and democratic governance.

BAZNAS

BAZNAS is the National Board of Zakat of Indonesia, a government institution established to manage the collection and distribution of zakat (obligatory alms-giving) across the country. It was officially formed in 2001 to professionalize and centralize zakat management, ensuring these religious funds are used effectively for poverty alleviation and social welfare programs in accordance with Islamic principles.

ISO 26000

ISO 26000 is not a place or cultural site, but an international standard providing guidance on social responsibility for organizations. It was published by the International Organization for Standardization (ISO) in 2010 after five years of development involving many stakeholders. The standard aims to help organizations operate in an ethical and transparent way that contributes to sustainable development.

ZISWAF

I am unable to provide a summary for “ZISWAF” as it does not appear to correspond to a recognized place, cultural site, or common acronym in historical or cultural contexts. It is possible the term is misspelled or refers to a very localized or obscure subject.

BSI Village

I am not familiar with a significant cultural or historical site known as “BSI Village.” It is possible this refers to a local residential area, a modern development, or a place known by a different common name. Without more specific context, I cannot provide a historical summary.

BSI SME Center

The BSI SME Center is a dedicated facility established by Bank Syariah Indonesia (BSI) to support the growth of small and medium enterprises (SMEs) in Indonesia. It provides a range of services, including access to financing, business consultations, and digitalization training. The center was formed to empower local entrepreneurs and strengthen the national economy through Islamic financial principles.