PT Bank Muamalat Indonesia Tbk

About PT Bank Muamalat Indonesia Tbk

PT Bank Muamalat Indonesia Tbk was founded on 24 Rabius Tsani 1412 H or November 1, 1991, initiated by the Indonesian Ulema Council (MUI) and the Indonesian Government, and began its operational activities on 27 Shawwal 1412 H / May 1, 1992. With the real support of ICMI exponents and several Muslim entrepreneurs, the establishment of Bank Muamalat also received public support, as evidenced by the commitment to purchase the Company's shares worth Rp 84 billion at the time of signing the company's establishment deed. Subsequently, at the silaturahmi event commemorating the establishment at Bogor Palace, an additional commitment was obtained from the West Java community who also invested Rp 106 billion. In an effort to strengthen its capital, Bank Muamalat sought potential investors, and this was positively responded to by the Islamic Development Bank (IDB) based in Jeddah, Saudi Arabia. At the General Meeting of Shareholders on June 21, 1999, IDB officially became a shareholder of Bank Muamalat. BMI is currently also the only Islamic bank that has opened an overseas branch, namely in Kuala Lumpur, Malaysia. As the First Pure Islamic Bank, Bank Muamalat is committed to providing banking services that are not only compliant with sharia but also competitive. Bank Muamalat has succeeded in reversing its condition from loss to profit thanks to the efforts and dedication of every Kru M and is accessible to the community even to the remote corners of the archipelago. This commitment has been appreciated by the government, mass media, national and international institutions, and the wider community through more than 70 prestigious awards received by BMI in the last 5 years. Awards received include Best Islamic Bank in Indonesia 2009 by Islamic Finance News (Kuala Lumpur), Best Islamic Financial Institution in Indonesia 2009 by Global Finance (New York), and The Best Islamic Finance House in Indonesia 2009 by Alpha South East Asia (Hong Kong).