PT Bank Muamalat Indonesia Tbk was established in 1991, endorsed by the Indonesian Council of Ulemas (MUI) and the Government of Indonesia, and commenced operations in May 1992. On October 27, 1994, barely two years from its founding, Bank Muamalat received its license to operate as a Foreign Exchange Bank. This recognition strengthened the Bank’s position as the first and leading sharia (Islamic) bank in Indonesia with a growing array of products and services.
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www.muamalatbank.com