Bank Muamalat

PT Bank Muamalat Indonesia Tbk.
Company typePublic (Perseroan terbatas)
IndustryIslamic banking and finance
FoundedNovember 1, 1991 (1991-11-01) in Jakarta, Indonesia
HeadquartersJakarta, Indonesia
Key people
Imam Teguh Saptono (President Director)
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), (Bank Muamalat), is a commercial bank in Indonesia. It operates according to the principles of Islamic banking. Bank Muamalat serves nearly 3,000,000 customers throughout Indonesia and Malaysia.

History

The bank was founded on 1 November 1991, based on the initiative of the Indonesian Council of Ulamas (MUI), under the auspices of the Government of Indonesia.[1] Operations began on 1 May 1992.[1] Foreign exchange service began in 1994.

Principles

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).

Ownership

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

In 2022 the bank announced plans to be listed in the Indonesia Stock Exchange by late 2023.[3][4]

Network

The Bank has 239 service offices and is 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
Ricky Rikardo Mulyadi Director

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 17 December 2024.
  6. ^ "Dewan Komisaris". Bank Muamalat (in Indonesian). Retrieved 17 December 2024.
  7. ^ "Direksi". Bank Muamalat (in Indonesian). Retrieved 3 September 2025.
  1. ^ "Laporan Keuangan Publikasi Bank Umum". Otoritas Jasa Keuangan. Retrieved 28 February 2026.