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PT Bank Muamalat Indonesia Tbk.
Company typePublic (Perseroan terbatas)
IndustryIslamic banking and finance
FoundedNovember 1, 1991; 32 years ago (1991-11-01) in Jakarta, Indonesia
HeadquartersJakarta, Indonesia
Key people
Indra Falatehan (CEO)
OwnerHajj Fund Management Agency (82.65%)
Andre Mirza Hartawan (5.19%)
Islamic Development Bank (2.04%)
Others (10.11%)
Websitewww.bankmuamalat.co.id

Bank Muamalat Indonesia (BMI) is a commercial bank in Indonesia operating on the principles of Islamic banking. The bank was founded in 1 November 1991, based on the initiative of the Indonesian Council of Ulamas (MUI) and under the auspices of the Government of Indonesia.[1] The bank's operations began in 1 May 1992[1] with foreign exchange service began in 1994. Funding products apply the principles of wadiah (deposit) and mudarabah (profit-sharing). Financing products apply the principles of bai’ (buy and sell), musharakah (equity sharing), mudarabah, and ijarah (rent). Bank Muamalat serves nearly 3,000,000 customers throughout Indonesia and Malaysia.[citation needed]

Currently, 82.65% stake of Bank Muamalat is owned by an Indonesian government agency, Hajj Fund Management Agency (BPKH), followed by Andre Mirza Hartawan (commissioner of the bank) with 5.19%, the Islamic Development Bank (IsDB) with 2.04% shares, and others (10.11%).[2]

The bank announced the plan for the company to be listed in the Indonesia Stock Exchange by late 2023,[3][4] and would be acquiring the sharia-banking unit of Bank Tabungan Negara (BTN) in March 2024.

Network

To date, the Bank has 239 service offices and also supported by an extensive service network consisting of 568 Muamalat ATM units, 120,000 ATM Bersama and Prima ATM networks, 51 Mobile Cash Car units.

Management

Sharia Supervisory Board

Name Position Ref.
Sholahudin Al-Aiyub Chairperson [5]
Siti Haniatunnisa Member
Agung Danarto

Board of Commissioners

Name Position Ref.
Mardiasmo Independent President Commissioner [6]
Amin Said Husni Acting President Commissioner and Independent Commissioner
Sartono Independent Commissioner
Andre Mirza Hartawan Commissioner

Board of Directors

Name Position Ref.
Indra Falatehan President Director [7]
Karno Director of Compliance, Risk & Legal
Hery Syafril Director of Financing Business Risk
Wahyu Avianto Director of Operations & Digital
Suhendar Director of Finance & Strategy

References

  1. ^ a b "Profil Bank Muamalat". Bank Muamalat (in Indonesian). Retrieved 8 October 2023.
  2. ^ "Komposisi pemegang saham BMI". Bank Muamalat (in Indonesian). Retrieved 8 October 2023.
  3. ^ Damara, Dionisio (2022-03-17). "Bank Muamalat Bersiap IPO, Catat Waktunya". Bisnis.com (in Indonesian). Retrieved 2023-10-08.
  4. ^ Aprilia, Zefanya. "Bank Muamalat Listing 2023, Saham Siapa Dilepas ke Publik?". CNBC Indonesia (in Indonesian). Retrieved 2023-10-08.
  5. ^ "Dewan Pengawas Syariah". Bank Muamalat (in Indonesian). Retrieved 8 October 2023.
  6. ^ "Dewan Komisaris". Bank Muamalat (in Indonesian). Retrieved 8 October 2023.
  7. ^ "Direksi". Bank Muamalat (in Indonesian). Retrieved 8 October 2023.