Tough Time for Islamic Banking
Tuesday, September 27, 2016
Bank Muamalat Indonesia is aggressively trying to penetrate the corporate credit market. Last week, the company announced two jumbo financing schemes: the first, a Rp75 billion murabahah line facility to Duta Mentari Raya. The money will fund a palm oil processing plant at Sengingi, Riau. "It is one of the strategic initiatives of Bank Muamalat in financing corporate businesses," said Muamalat director of corporate business Indra Y. Sugiarto, when signing the financing agreement.
Two days later, Muamalat led a joint financing of the SoreangPasir Koja (Soroja) highway project in Bandung worth some Rp834 billion. The bank teamed up with a number of regional development banks' Islamic business units, namely, Bank Jateng Syariah, Bank DIY Syariah, Bank Sumut Syariah, Bank Kalsel Syariah and Bank Sulselbar Syariah. It is the first infrastructure project in Indonesia fully funded by Islamic banks.
arsip tempo : 173165329512.
Bank Muamalat Indonesia is aggressively trying to penetrate the corporate credit market. Last week, the company announced two jumbo financing schemes: the first, a Rp75 billion murabahah line facility to Duta Mentari Raya. The money will fund a palm oil processing plant at Sengingi, Riau. "It is one of the strategic initiatives of Bank Muamalat in financing corporate businesses," said Muamalat director of corporate business Indra Y. Sugiarto, when
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