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.)
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