# Bank Syariah Indonesia (BSI Mobile + BYond by BSI)

> Source: https://docs.barcoder.ai/docs/wallets/bank-syariah-indonesia
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Bank Syariah Indonesia — official](https://www.bankbsi.co.id/)

## Overview

**Bank Syariah Indonesia (BSI Mobile + BYond by BSI)** is **Indonesia's largest Islamic bank** + **post-Feb 1 2021 BRI Syariah + BNI Syariah + Mandiri Syariah merger** + **BSI aims to serve >40M customers 2025 + 10M BSI Mobile users by end-2025** + **BYond by BSI 3M+ active users 2 months after launch** <sup>[1][1], [2][2], [Indonesia report](https://docs.barcoder.ai/docs/payments/ID)</sup>. **2025 baseline**: BSI aims to serve >40M customers 2025 + 10M BSI Mobile users by end-2025; **BYond by BSI 3M+ active users 2 months after launch** distinctive Indonesian Islamic banking app migration; **BSI Mobile Feb 2021 launch as Indonesian Islamic mobile-first banking pioneer**.

**Distinctive BSI positioning**:
- **Indonesia's largest Islamic bank** (PT Bank Syariah Indonesia Tbk; IDX: BRIS)
- **Post-Feb 1 2021 BRI Syariah + BNI Syariah + Mandiri Syariah merger** distinctive Indonesian Islamic banking consolidation
- **BSI aims to serve >40M customers 2025 + 10M BSI Mobile users by end-2025** distinctive Indonesian Islamic banking scale
- **BYond by BSI 3M+ active users 2 months after launch** distinctive Indonesian Islamic banking app migration
- **BSI Mobile Feb 2021 launch as Indonesian Islamic mobile-first banking pioneer**
- **DSN-MUI (Dewan Syariah Nasional MUI) Sharia supervisory board oversight** distinctive Indonesian Islamic banking governance
- **BSI Mobile Islamic banking features (zakat services + Islamic banking features)** distinctive Indonesian Islamic banking ecosystem

## History

**1969 — Bank Susila Bakti founded** as Indonesian conventional bank.

**1991 — Bank Muamalat founded** as Indonesia's first Islamic bank.

**1999 — BSM (Bank Syariah Mandiri) founded** post-Bank Mandiri Islamic banking subsidiary.

**2008 — BNI Syariah founded** post-BNI Islamic banking subsidiary.

**2008 — BRI Syariah founded** post-BRI Islamic banking subsidiary.

**Feb 1 2021 — Bank Syariah Indonesia formed via merger of BRI Syariah + BNI Syariah + Mandiri Syariah** distinctive Indonesian Islamic banking consolidation.

**Feb 2021 — BSI Mobile launch** as Indonesian Islamic mobile-first banking pioneer <sup>[3][3]</sup>.

**Oct 23 2024 — BYond by BSI launch** post-BSI Mobile migration to newer platform.

**2025 — BYond by BSI 3M+ active users 2 months after launch + BSI aims to serve >40M customers 2025 + 10M BSI Mobile users by end-2025** <sup>[1][1], [2][2]</sup>.

## Ownership & operator

**Operating entity**: **PT Bank Syariah Indonesia Tbk** (IDX: BRIS; Indonesia's largest Islamic bank; post-2021 BRI Syariah + BNI Syariah + Mandiri Syariah merger).

**Major shareholders**: **Bank Mandiri (Indonesia's largest state-owned bank by assets; IDX: BMRI) majority controlling + BNI + BRI + Indonesian institutional + retail + foreign investors**.

**Regulators**: **OJK (Otoritas Jasa Keuangan / Financial Services Authority Indonesia) + Bank Indonesia + Dewan Syariah Nasional MUI (DSN-MUI)** distinctive Indonesian Islamic banking Sharia supervisory board oversight.

## Technical integration

BSI Mobile + BYond by BSI mobile banking apps (iOS + Android; BYond by BSI 3M+ active users 2 months after launch; BSI aims to serve >40M customers 2025 + 10M BSI Mobile users by end-2025) + bankbsi.co.id online + BSI branch network across Indonesia + BSI Visa + Mastercard cards; QRIS (Quick Response Code Indonesian Standard); **BSI Mobile transfers + bill payments + account management + Islamic banking features like zakat services** distinctive Indonesian Islamic banking ecosystem + DSN-MUI Sharia supervisory board oversight.

## Users & growth

**2025**: BSI aims to serve >40M customers 2025 + 10M BSI Mobile users by end-2025; **BYond by BSI 3M+ active users 2 months after launch**.

## Use cases

Indonesian Islamic + retail + private + SME + commercial banking via BSI Mobile + BYond by BSI mobile + bankbsi.co.id online + BSI branch network across Indonesia + Visa/Mastercard cards; QRIS; **BSI Mobile transfers + bill payments + account management + Islamic banking features like zakat services** distinctive Indonesian Islamic banking ecosystem + DSN-MUI Sharia supervisory board oversight.

## Implementations & partners

**Operator**: PT Bank Syariah Indonesia Tbk (IDX: BRIS; Indonesia's largest Islamic bank; post-2021 BRI Syariah + BNI Syariah + Mandiri Syariah merger); Bank Mandiri (Indonesia's largest state-owned bank by assets; IDX: BMRI) majority controlling + BNI + BRI + Indonesian institutional + retail + foreign investors.

**Indonesian Islamic banking ecosystem**: [Bank Syariah Indonesia (BSI Mobile + BYond by BSI)](https://docs.barcoder.ai/docs/wallets/bank-syariah-indonesia) (Indonesia's largest Islamic bank; post-Feb 1 2021 BRI Syariah + BNI Syariah + Mandiri Syariah merger) + Bank Muamalat (Indonesia's first Islamic bank; 1991 Bank Muamalat founding) + [Bank Aladin Syariah](https://docs.barcoder.ai/docs/wallets/bank-aladin) (Indonesian digital-based Syariah bank; IDX: BANK; Aladin Bank donations + zakat features) + Bank Mega Syariah (Indonesian Islamic banking subsidiary; CT Corp ecosystem) + [Bank Syariah Indonesia (BSI Mobile + BYond by BSI)](https://docs.barcoder.ai/docs/wallets/bank-syariah-indonesia) (BSI Mobile + BYond by BSI Indonesian Islamic mobile banking).

**Major Indonesian banking + digital bank competitors**: [Bank Central Asia (BCA)](https://docs.barcoder.ai/docs/wallets/bank-central-asia) (Bank Central Asia BCA Mobile; Indonesia's largest private bank by assets; IDX: BBCA; ~30M+ BCA Mobile users) + [Bank Mandiri (Livin' by Mandiri)](https://docs.barcoder.ai/docs/wallets/bank-mandiri) (Indonesia's largest state-owned bank by assets; IDX: BMRI; Livin' by Mandiri; BSI majority controlling shareholder) + [Bank Rakyat Indonesia (BRI)](https://docs.barcoder.ai/docs/wallets/bank-rakyat-indonesia) (Bank Rakyat Indonesia BRImo; Indonesia's #2 state-owned bank by assets; IDX: BBRI; 38M+ BRImo users) + [BTN (Bank Tabungan Negara) / bale by BTN](https://docs.barcoder.ai/docs/wallets/btn-indonesia) (Bank Tabungan Negara; Indonesia's housing-focused state-owned bank; IDX: BBTN) + [Bank Jago](https://docs.barcoder.ai/docs/wallets/bank-jago) (Indonesian-listed technology-based bank; IDX: ARTO; 18.6M+ customers Q3 2025; GoTo + Gojek ecosystem strategic partner; Jago Syariah) + [SeaBank Indonesia (Monee)](https://docs.barcoder.ai/docs/wallets/seabank-id) (SeaBank Indonesia; Sea Group Shopee ecosystem; 13M+ customers).

**Regulators**: OJK + Bank Indonesia + DSN-MUI.

## Fun facts

- **Indonesia's largest Islamic bank** (PT Bank Syariah Indonesia Tbk; IDX: BRIS).
- **Post-Feb 1 2021 BRI Syariah + BNI Syariah + Mandiri Syariah merger** distinctive Indonesian Islamic banking consolidation.
- **BSI aims to serve >40M customers 2025 + 10M BSI Mobile users by end-2025** distinctive Indonesian Islamic banking scale.
- **BYond by BSI 3M+ active users 2 months after launch** distinctive Indonesian Islamic banking app migration.
- **BSI Mobile Feb 2021 launch as Indonesian Islamic mobile-first banking pioneer**.
- **DSN-MUI (Dewan Syariah Nasional MUI) Sharia supervisory board oversight** distinctive Indonesian Islamic banking governance.
- **BSI Mobile Islamic banking features (zakat services + Islamic banking features)** distinctive Indonesian Islamic banking ecosystem.

## Comparison

| Feature | BSI Mobile + BYond by BSI | [Bank Central Asia (BCA)](https://docs.barcoder.ai/docs/wallets/bank-central-asia) (Bank Central Asia rival; Indonesia's largest private bank by assets; ~30M+ BCA Mobile users) | [Bank Mandiri (Livin' by Mandiri)](https://docs.barcoder.ai/docs/wallets/bank-mandiri) (Indonesia's largest state-owned bank by assets rival; BSI majority controlling shareholder) | [Bank Rakyat Indonesia (BRI)](https://docs.barcoder.ai/docs/wallets/bank-rakyat-indonesia) (Bank Rakyat Indonesia rival; Indonesia's #2 state-owned bank by assets; 38M+ BRImo users) | [Bank Aladin Syariah](https://docs.barcoder.ai/docs/wallets/bank-aladin) (Indonesian digital-based Syariah bank rival; IDX: BANK) |
|---|---|---|---|---|---|
| Operator | **PT Bank Syariah Indonesia Tbk (IDX: BRIS; Indonesia's largest Islamic bank; post-2021 BRI Syariah + BNI Syariah + Mandiri Syariah merger)** | Bank Central Asia (IDX: BBCA; Hartono family Djarum Group controlling) | Bank Mandiri (IDX: BMRI; Indonesian government majority controlling) | Bank Rakyat Indonesia (IDX: BBRI; Indonesian government majority controlling) | PT Bank Aladin Syariah Tbk (IDX: BANK; Indonesian digital-based Syariah bank) |
| Type | **Indonesia's largest Islamic bank + post-Feb 1 2021 BRI Syariah + BNI Syariah + Mandiri Syariah merger + BSI aims to serve >40M customers 2025 + 10M BSI Mobile users by end-2025 + BYond by BSI 3M+ active users 2 months after launch + DSN-MUI Sharia supervisory board oversight + BSI Mobile Islamic banking features (zakat services + Islamic banking features)** | Indonesia's largest private bank by assets + ~30M+ BCA Mobile users + Hartono family Djarum Group controlling | Indonesia's largest state-owned bank by assets + Livin' by Mandiri + BSI majority controlling shareholder | Indonesia's #2 state-owned bank by assets + 38M+ BRImo users | Indonesian digital-based Syariah bank + IDX: BANK + Aladin Bank donations + zakat features + DSN-MUI Sharia supervisory board oversight |
| Country | ID | ID | ID + SG + HK + KY + UK + TW + others | ID + several | ID |
| Distinctive | **1969 Bank Susila Bakti founding; 1991 Bank Muamalat founding (Indonesia's first Islamic bank); 1999 BSM (Bank Syariah Mandiri) founding; 2008 BNI Syariah + BRI Syariah founding; Feb 1 2021 Bank Syariah Indonesia formed via merger of BRI Syariah + BNI Syariah + Mandiri Syariah; Feb 2021 BSI Mobile launch; Oct 23 2024 BYond by BSI launch; 2025 BYond by BSI 3M+ active users 2 months after launch** | 1957 BCA founding; 2000 BCA IPO on IDX | 1998 Bank Mandiri founding via merger of 4 Indonesian state-owned banks | 1895 BRI founding (Indonesia's oldest commercial bank) | 1994 PT Bank Net Indonesia founding; 2018 PT Bank Net Indonesia converts to Bank Net Syariah; 2021 PT Bank Net Syariah rebranded to PT Bank Aladin Syariah Tbk + Aladin Bank digital Islamic bank launch |

## Status

**Active, Indonesia's largest Islamic bank + post-Feb 1 2021 BRI Syariah + BNI Syariah + Mandiri Syariah merger + BSI aims to serve >40M customers 2025 + 10M BSI Mobile users by end-2025 + BYond by BSI 3M+ active users 2 months after launch** <sup>[1][1], [2][2], [3][3]</sup>:
- **PT Bank Syariah Indonesia Tbk (IDX: BRIS; Indonesia's largest Islamic bank; post-2021 BRI Syariah + BNI Syariah + Mandiri Syariah merger)** since 1969 Bank Susila Bakti founding + 1991 Bank Muamalat founding + 1999 BSM (Bank Syariah Mandiri) founding + 2008 BNI Syariah + BRI Syariah founding + Feb 1 2021 Bank Syariah Indonesia formed via merger of BRI Syariah + BNI Syariah + Mandiri Syariah + Feb 2021 BSI Mobile launch + Oct 23 2024 BYond by BSI launch.
- **BSI aims to serve >40M customers 2025 + 10M BSI Mobile users by end-2025**.
- **BYond by BSI 3M+ active users 2 months after launch**.
- **OJK + Bank Indonesia + DSN-MUI regulated**.

## Sources

[1]: https://www.shs-conferences.org/articles/shsconf/pdf/2025/08/shsconf_uiseb2025_01001.pdf "Customer Loyalty Bank Syariah Indonesia (BSI) in The Digital Age — SHS Web of Conferences"
[2]: https://www.bankbsi.co.id/ "Halaman Utama — Bank Syariah Indonesia"
[3]: https://www.oracle.com/customers/bsi/ "BSI modernizes for growth with Oracle Autonomous Database — Oracle"
[id-cro]: https://docs.barcoder.ai/docs/payments/ID

- [1] [Customer Loyalty Bank Syariah Indonesia (BSI) in The Digital Age — SHS Web of Conferences][1]
- [2] [Halaman Utama — Bank Syariah Indonesia][2]
- [3] [BSI modernizes for growth with Oracle Autonomous Database — Oracle][3]
- <sup>[Indonesia report](https://docs.barcoder.ai/docs/payments/ID)</sup> In-corpus: `reports/countries/ID-indonesia.md`

## Source

Biography extracted from [bank-syariah-indonesia.md](https://docs.barcoder.ai/source/wallets/bank-syariah-indonesia). See `matrix.md` for standards-support matrix if present.