1 Bank Syariah Mandiri
2 Muamalat Bank
3 Bank Indonesia
4 Dubai Islamic Bank
5 PT Bank Maybank Indocorp
6 Hong Leong Islamic Bank
7 CIMB Islamic Bank
8 HSBC Amanah
Trading
List of Islamic Banks in Indonesia
Published by Gbaf News
Posted on April 5, 2013
1 min read· Last updated: June 11, 2018
Key Takeaways
- Indonesia hosts both state‑owned and private Islamic banks, including Bank Syariah Indonesia (BSI) and Bank Muamalat.
- Bank Syariah Indonesia emerged from a 2021 merger of three state Islamic banks and is now the largest Islamic bank in Indonesia.
- Bank Muamalat, founded in 1991, was the first Islamic bank in Indonesia and is majority owned by the Hajj Fund Management Agency.
- Panin Dubai Syariah Bank represents a joint venture involving Dubai Islamic Bank’s minority stake in Indonesia.
References
Frequently Asked Questions
What major Islamic banks operate in Indonesia?
Key players include Bank Syariah Indonesia (state‑owned merger bank), Bank Muamalat, and Panin Dubai Syariah (with Dubai Islamic Bank involvement).
When was Bank Syariah Indonesia established?
Bank Syariah Indonesia began operations on 1 February 2021, following a merger of three state Islamic banks. (BSI)
Who owns Bank Muamalat?
Bank Muamalat is majority‑owned (about 82.65%) by the Indonesian Hajj Fund Management Agency, with minority stakes by others. (IsDB etc.)
Tags
Related Articles
The Hidden Mechanics of Trading: What Really Drives Market Decisions
The Invisible Force Behind Every Great Trader: Why Curiosity May Matter More Than Strategy
The Invisible Edge: Why Trading Outcomes Are Shaped Beyond the Chart
The Invisible Current: What Really Moves Trades Before They Happen
The Quiet Forces of Trading: What Moves Markets When No One Is Looking
More from Trading
Explore more articles in the Trading category
The Strange Truth About Trading That Most People Discover Too Late
The Unseen Flow: Why Trading Is Driven by Forces You Don’t Track
Why Do Traders Keep Watching the Market Even When They’re Not Trading?
Why Do Some Traders Stay Calm While Others Panic? The Hidden Psychology Behind Market Decisions
Trading Sphere: Structuring a Modern Approach to Online Trading
The Trading Threshold: The Point Where Skill Stops Helping and Discipline Takes Over
Why Traders Often Miss the Obvious—Until It’s Too Late
The Trading Threshold: The Point Where Skill Stops Helping and Discipline Takes Over
The Trading Paradox: Why Doing Less Often Leads to Better Results
The Trading Blind Spot: Why What You Don’t Notice Often Matters Most
The Risk That Doesn’t Look Like Risk
The Market Mirror: What Trading Reveals About Decision-Making Under Pressure