The bank’s president director, Arviyan Arifin, said in Jakarta on Monday that the sukuk bonds would be offered to investors in the Middle East. He said that the bank would open a branch in Jeddah, Saudi Arabia, to support the plan. “We will issue the sukuk this year as soon as we open a branch office in Jeddah,” he said.
Muamalat finance director Hendiarto said the bank was still preparing the opening of the new Jeddah branch. “We are still trying to meet the requirements,” he added.
Hendiarto said Muamalat also planned to issue subordinated sukuk worth about Rp 800 billion ($93.6 million) to Rp 1.5 trillion to strengthen the company’s financing capacity. — JP
PT Bank Muamalat Indonesia Tbk booked IDR270 billion of gross profit throughout the year, rose 93.15% from the same period last year.
The growth of the earnings before tax was due to bigger margin income from its financing, said Director of Retail Banking Adrian A. Gunadi. Up to September, financing rose 45.24% to IDR20 trillion from IDR13.77 trillion.
Most of its financing was channeled to retailers by 65% or IDR13 trillion and the remaining was given to commercial and corporate clients. Consumer loan, particularly for property, dominated the portion followed by multifinance and cooperative.
"From the total IDR6.3 trillion consumer financing portfolio, IDR3 trillion was channeled to housing financing," Adrian said.
Bank Muamalat was established in 1991 by local and foreign investors. Islamic Development Bank owns 32.82% of the Islamic bank's share, Boubyan Bank Kuwait has 24.94%, Atwill Holdings Limited holds 17.95% and public trades the rest 5%.
Retail segment also motored the growing third party fund, which grew by IDR7.15 trillion to IDR21 trillion in total. The retail clients contributed IDR14 trillion of its third party fund.
"Saving and current account represented 50% of the total of retail’s third party fund. The rest 50% was in deposit,” Adrian detailed.
Nearly two decades after its birth, Bank Muamalat now provides services to over 2.5 million customers through a network of over 3000 outlets spread across all 33 provinces in Indonesia. The network is also supported by an alliance through more than 4000 online post office/SOPP, 32.000 ATM, as well as over 100.000 debit merchant across the country. Bank Muamalat is also the first and the only Indonesian bank running a full branch in Malaysia.
As we grow, we continuously strive to improve our infrastructures, as well as the quality of our human capital. To ensure our sustainable growth, we are seeking vigorous, brilliant, and dynamic talent who has the enthusiasm to grow with us as an officer by joining:
- Customer Service (CS)
- Teller (TL)
- Back Office (BO)
- RM Funding (FUN)
- RM Financing (FIN)
with the following qualifications:
- Minimum education level D3.
- Minimum GPA of 2.75 from an accredited university.
- Having working experience min. 2 years in the same field (points 4 and 5).
- To look attractive.
- Minimum height 160 cm for women and 165 cm for men.
- Weight proportional.
- Have the interpersonal skills and good communication.
- Honest, conscientious, responsible.
- Minimal computer can operate Microsoft Office.
- High initiative, discipline and able to work in a team.
- Have incentives to provide the best service (Customer Excellence).
- Placement: : Medan dan sekitarnya, Lubuk Pakam, Tebing Tinggi
Send your Application to attach supporting documents:
CV, copy of last diploma education / Certificate of Graduation, SKCK, photo copy of ID card, passport photo 4 x 6 2 colored sheets to:
PT. Bank Muamalat Indonesia, Tbk
Cabang Medan
Jalan Balaikota No. 10 D – E, Medan 20111