Member News

Prudential Syariah Continues to Innovate to Advance the Sharia Financial Ecosystem

Published on 13 June 2025

Prudential Sharia Life Assurance continues to boost Indonesia’s sharia economy through product innovation and financial education. Since becoming independent in 2022, it has served over 300,000 participants with support from over 80,000 sharia agents. In 2024, the company posted Rp3.4 trillion in gross contributions, Rp264 billion in net profit, and Rp6.6 trillion in assets. With strong RBC ratios (2,092% for company funds and 245% for Tabarru’), Prudential Sharia has paid Rp2.3 trillion in claims and was named Best Performance Islamic Insurance at the 2025 Indonesia Sharia Forum.

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Soon to Hit the Road, Volkswagen to Begin Producing the ID. Buzz in Indonesia in 2026

Published on 13 June 2025

Volkswagen is stepping into Indonesia’s electric vehicle market with the launch of its all-electric ID. Buzz, a modern, fully electric reimagining of the iconic VW Kombi. With production set to begin locally in 2026, this move signals Volkswagen’s long-term investment in building a sustainable mobility ecosystem in the country. The ID. Buzz offers a range of up to 573 km and fast charging from 5% to 80% in just 30 minutes. Brought in by PT Garuda Mataram Motor of Indomobil Group, the vehicle reflects VW’s commitment to delivering zero-emission transport without compromising comfort and driving enjoyment.

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