Bank Muamalat

Not to be confused with Bank Muamalat Malaysia.

PT Bank Muamalat Indonesia Tbk.

Menara Muamalat (Muamalat Tower), Bank Muamalat headquarters in Jakarta
Company type	Public ( Perseroan terbatas )
Industry	Islamic banking and finance
Founded	November 1, 1991;33 years ago (1991-11-01) in Jakarta, Indonesia
Headquarters	Jakarta, Indonesia
Key people	Imam Teguh Saptono (President Director)
Owner	Hajj Fund Management Agency (82.65%) Andre Mirza Hartawan (5.19%) Islamic Development Bank (2.04%) Others (10.11%)
Website	www.bankmuamalat.co.id

Bank Muamalat Indonesia (BMI), commonly called as Bank Muamalat, 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]}

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	Chairman	[5]
Siti Haniatunnisa	Member
Agung Danarto

Board of Commissioners

Name	Position	Ref.
Sapto Amal Damandari	President Commissioner (Independent)	[6]
Sartono	Independent Commissioner
Andre Mirza Hartawan	Commissioner

Board of Directors

Name	Position	Ref.
Imam Teguh Saptono	President Director	[7]
Karno	Compliance Director / Acting President Director
Kukuh Rahardjo	Director

External links

• Official website www.bankmuamalat.co.id

References

1. "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 17 December 2024.
6. "Dewan Komisaris". Bank Muamalat (in Indonesian). Retrieved 17 December 2024.
7. "Direksi". Bank Muamalat (in Indonesian). Retrieved 17 December 2024.