Bank Muamalat

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PT Bank Muamalat Indonesia Tbk.

Company type	Public (Perseroan terbatas)
Industry	Islamic banking and finance
Founded	November 1, 1991; 32 years ago (1991-11-01) in Jakarta, Indonesia
Headquarters	Jakarta, Indonesia
Key people	Indra Falatehan (CEO)
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) 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	Member

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

External links

Official website

References

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

Banks in Indonesia

Central bank: Bank Indonesia

Conventional banks
State-owned banks	Bank Mandiri (Bank Mandiri Taspen) Bank Negara Indonesia (Bank Raya Indonesia) Bank Rakyat Indonesia (Bank Mayora) Bank Tabungan Negara
National private foreign exchange banks	Bank Anda Bank Artha Graha Internasional Bank Bukopin Bank Bumi Arta Bank Capital Indonesia Bank Central Asia Bank CIMB Niaga Bank Danamon Bank Ekonomi Raharja Bank Ganesha Bank Hana Bank ICB Bumiputera Bank ICBC Indonesia Bank Index Selindo Bank Maybank Indonesia Bank Maspion Bank Mayapada Bank Mega Bank Mestika Dharma Bank Metro Express Mutiara Bank Bank Nusantara Parahyangan Bank OCBC NISP Bank of India Indonesia Panin Bank Bank Permata Bank QNB Kesawan Bank SBI Indonesia Bank Sinarmas Bank UOB Indonesia Bank Woori Saudara
National private non foreign exchange banks	Anglomas Internasional Bank Bank Andara Bank Artos Indonesia Bank Bisnis Internasional Centratama Nasional Bank Bank Dipo International Bank Fama Internasional Bank Harda Internasional Bank Ina Perdana Bank Jasa Jakarta Bank Kesejahteraan Ekonomi Bank Liman International Bank Mayora Bank Mitraniaga Bank Multi Arta Sentosa Bank Nationalnobu Prima Master Bank Bank Royal Indonesia Bank Sahabat Purba Danarta Bank Sinar Harapan Bali Bank Tabungan Pensiunan Nasional Bank Victoria Internasional Bank Yudha Bhakti
Regional banks	Bank Banten Bank Bengkulu Bank BJB Bank BPD Bali Bank BPD DIY Bank DKI Bank Jambi Bank Jateng Bank Jatim Bank Kalbar Bank Kalsel Bank Kalteng Bankaltimtara Bank Lampung Bank Maluku Bank Nagari Bank NTT Bank Papua BRK Syariah Bank Sulsel Bank Sultra Bank Sulteng Bank BSG Bank Sumsel Babel Bank Sumut
Joint-venture banks	Bank ANZ Indonesia Bank Commonwealth Bank Agris Bank BNP Paribas Indonesia Bank Capital Indonesia Bank Chinatrust Indonesia Bank DBS Indonesia Bank KEB Indonesia Bank Mizuho Indonesia Bank Rabobank International Indonesia Bank Resona Perdania Bank Sumitomo Mitsui Indonesia Bank Windu Kentjana International Bank Woori Indonesia
Foreign banks	Bank of America Bangkok Bank Bank of China Citibank Deutsche Bank HSBC JPMorgan Chase Royal Bank of Scotland Standard Chartered Bank of Tokyo-Mitsubishi UFJ

Sharia banks
State-owned banks	Bank Syariah Indonesia
National private foreign exchange banks	BCA Syariah Bank BJB Syariah Bank DKI Syariah Bank BRI Syariah Bank Mega Syariah Bank Muamalat Panin Bank Syariah Bank Syariah Bukopin Bank Victoria Syariah
Regional banks	Bank Aceh Syariah Bank NTB Syariah
Joint-venture banks	CIMB Niaga Syariah Bank Maybank Syariah Indonesia

Sharia business units of conventional banks
National private foreign exchange banks	Bank Danamon Syariah OCBC NISP Syariah Bank Permata Syariah
Regional banks	Bank BPD DIY Syariah Bank Kalbar Syariah Bank Kalsel Syariah Bank Riau Kepri Syariah Bank Sumsel Babel Syariah Bank Sumut Syariah
Foreign banks	HSBC Amanah