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Tag: Bank NTB Syariah

  • NTB Province Shines at Anugerah Adinata Syariah 2025

    NTB Province Shines at Anugerah Adinata Syariah 2025

    Lombok Zone – The government of West Nusa Tenggara (NTB) has made a remarkable achievement at the Anugerah Adinata Syariah 2025, clinching awards in five categories. Representing the regional government, Deputy Governor Hj Indah Dhamayanti Putri attended the prestigious event held by Republika in conjunction with the National Committee for Sharia Economy and Finance (KNEKS) on May 26 at the Sasono Mulyo Ballroom in Jakarta.

    In the category of Sharia Finance, NTB took home the top prize, while the halal industry category secured the second position. Additionally, NTB ranked fourth in the Education and Economic Empowerment of Islamic Boarding Schools category and fifth in the Micro Sharia Finance category. Notably, PT Bank NTB Syariah was honored with the title of “Excellence in Islamic Banking Literacy and Inclusion Award” in the Regional Development Bank category.

    Expressing her gratitude for these accolades, affectionately known as Umi Dinda, the Deputy Governor highlighted the growing potential of the sharia economy in NTB. She expressed pride in the achievements, indicating that the region’s sharia economic prospects are expanding.

    Also present at the event was the 13th Vice President of Indonesia, KH Ma’ruf Amin, who emphasized the significance of developing the sharia economy for the broader benefit of society. “Sharia economy brings blessings to all of humanity,” he stated.

    Sholahudin Al Aiyub, Executive Director of KNEKS, elaborated that the Anugerah Adinata Syariah honors provincial governments excelling in fostering and promoting the potentials of sharia economy and finance in their areas. He hopes that this award will spark further developments in the sharia economy across regions and strengthen the collaboration between central and regional governments, positioning Indonesia as a global hub for sharia economics.

  • NTB Governor Encourages Red and White Cooperative to Boost Local Food Supply

    NTB Governor Encourages Red and White Cooperative to Boost Local Food Supply

    Lombok Zone – The Governor of West Nusa Tenggara (NTB), Lalu Muhamad Iqbal, has urged the Red and White Cooperative (Kopdes) to play an essential role as a supplier of food items for the Free Nutritious Meal (MBG) program in the region.

    This call to action came during his visit to the Kopdes in Tegal Maja, located in Tanjung District, North Lombok, on the afternoon of February 25, 2026. Iqbal emphasized the significant economic opportunities that the local cooperatives can seize from this national program.

    He highlighted the high demand for essential food supplies, such as eggs and meat, to support the MBG initiative in NTB. Currently, local egg producers can only meet about 30% of the region’s needs, with the remainder being imported from Java. With the MBG program set to increase the demand further, there is a risk that external supplies could become increasingly limited.

    “Focus on supplying for MBG only. There is nearly 6 trillion IDR circulating in the MBG program. This presents a tremendous economic opportunity for our region,” stated Iqbal.

    He noted that by 2026, funds circulating in NTB through this flagship program from President Prabowo Subianto would reach 5.7 trillion IDR, exceeding the NTB Regional Revenue and Expenditure Budget (APBD). Iqbal warned that the influx of central government funds should not flow out of the region due to NTB’s unpreparedness for being a supplier. He insists that local cooperatives must take the lead to ensure that the economic benefits are realized by the local community.

    As the former Indonesian Ambassador to Turkey, he also mentioned that Bank NTB Syariah has allocated a Credit for People’s Business (KUR) budget of 30 billion IDR for cooperatives and small and medium enterprises (SMEs). This funding can be utilized by Kopdes to submit loan proposals as initial capital to establish livestock businesses capable of meeting the needs of the MBG.

    “We are currently designing the credit distribution plan; Bank NTB is also open for KUR disbursement to ensure this program is directed and precise,” he explained. Iqbal added that once the business proposals are ready, cooperatives can promptly apply for loans from Bank NTB Syariah for swift capital disbursement.

    Meanwhile, Martinom, the Chairman of Kopdes Tegal Maja, revealed that the cooperative is currently engaged in two types of businesses: rice and LPG sales. Following the governor’s directive, he acknowledged the substantial potential for livestock farming in his village. Currently, there are several broiler and layer chicken farms in operation, although funding challenges have hindered further business development.

    “From the start, we have been eyeing the MBG potential. If we had been provided with soft funding early on, we could prioritize building chicken coops,” stated Martinom.

    It is known that Kopdes Merah Putih Tegal Maja currently has 26 members, but interest from the community is high, with around 200 people wanting to join. In addition to funding constraints, the cooperative is also dealing with land issues for establishing their store. They hope these land issues can be resolved soon so that the cooperative can fully realize its business potential.