DIGIVESTASI - Government Securities (SBN) have long been one of the favorite investment instruments in Indonesia. Now, Sharia SBN is also available to meet the desires and needs of Sharia investors in Indonesia, allowing them to invest in accordance with religious principles.

Every year, the Indonesian government regularly issues new Sharia SBNs that can be purchased by the public. For the period from August 23 to September 18, 2024, the SBN being offered is retail sukuk series SR021. As an investment instrument guaranteed by the state and protected by law, this product offers a full return guarantee of 100 percent and coupon distribution.

If you are interested in learning more about SR021 investments, including their potential benefits and risks, here is the discussion.

What is SR021?  
SR021 is a Government Securities (SBN) managed according to Sharia principles and supervised by the National Sharia Council of the Indonesian Ulema Council (DSN-MUI).

Since SR021 uses a fixed-rate interest system, the coupon interest earned by investors will remain stable and unchanged until maturity. This means that the coupon interest rate will not decrease even if the benchmark interest rate declines.

The returns from this coupon are also sent monthly directly to the RDN Wallet and are guaranteed by the state under law. This factor makes SR021 a safe and low-risk investment instrument, suitable as a stable source of passive income each month.

Benefits of Investing in SR021
As an investment instrument, SR021 offers several advantages that are attractive to investors. Here are some of the benefits that can be obtained from investing in this product:

1. 100% Security as the principal debt and yield payments are guaranteed by the state.
2. Fixed-rate returns, providing stable profits until maturity.
3. Investments are managed according to Sharia principles, free from elements of usury (riba), gambling (maysir), and uncertainty (gharar), and are supervised by DSN-MUI.
4. Yields are more attractive than deposit interest rate, with lower tax burdens.
5. There are two tenure options that offer investment flexibility according to your needs.
6. Tradeable or can be sold on the secondary market before maturity, starting from November 11, 2024.

Risks of Investing in SR021 
Like other investments, investing in SR021 also carries risks that need to be considered. Here are three risks to be aware of:

1. Default Risk  
   This risk occurs if the bond issuer is unable to pay the coupon interest or return the principal debt according to the agreement. However, this risk is almost impossible with retail sukuk like SR021 because the principal and yields are fully guaranteed by the state under Law No. 19 of 2008, unless the country of Indonesia goes bankrupt.

2. Liquidity Risk
   This risk occurs if an investor needs cash and wants to liquidate the investment before maturity. Although it can be sold on the secondary market, the investor may have difficulty finding a buyer, meaning the investment funds cannot be quickly liquidated. Therefore, it is important to consider the chosen SR021 tenure and ensure that the invested funds are not needed in the near future.

3. Market Risk
   Market risk occurs if the benchmark interest rate rises, which can lower the price of retail SBNs on the secondary market. If an investor wants to sell the investment before maturity, they may experience capital loss if the selling price is lower than the purchase price.

Want to Invest While Helping Build the Nation? SR021 is the Choice!
SR021 is a Sharia SBN product issued by the Indonesian government for the offering period of August 23 to September 18, 2024. SR021 is a low-risk investment option with attractive returns, ideal for medium to long-term investors. With 3-year and 5-year tenure options, are you interested in investing while supporting national development by purchasing SR021?