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BSI originated from three state-owned banks which are subsidiary of larger banks: BRIsyariah (of Bank Rakyat Indonesia/BRI), Bank Syariah Mandiri (of Bank Mandiri) and BNI Syariah (of Bank Negara Indonesia/BNI). Bank Syariah Mandiri: The bank was founded in 1955 as Bank Industri Nasional ("National Industrial Bank"); in 1967 it was changed into ...
Bank Islam Malaysia Berhad (Jawi: بڠك اسلام مليسيا برحد ) is an Islamic bank based in Malaysia. It was established in July 1983. [ 1 ] Bank Islam was established primarily to address the financial needs of the country's Muslim population and extended its services to the broader population.
Bank Muamalat Indonesia (BMI), commonly called as Bank Muamalat, is a commercial bank in Indonesia operating on the principles of Islamic banking. The bank was founded in 1 November 1991, based on the initiative of the Indonesian Council of Ulamas (MUI) and under the auspices of the Government of Indonesia . [ 1 ]
In 2009, the bank established a Sharia Business Unit (Indonesian: Unit Usaha Syariah). The bank was also designated by Bappebti as a depository bank for compensation fund margins and guarantee funds, and received a license from Bapepam to carry out trustee activities. In 2010, the bank was officially listed on the Indonesia Stock Exchange.
Dubai Islamic Bank Pakistan: Dubai Islamic Bank Pakistan was established in 2006 as a fully owned subsidiary. Panin Dubai Syariah Bank: 38.3% ownership in a Shariah-compliant player in Indonesia, which has one of the largest Muslim populations in the world. Bank of Khartoum: DIB holds a stake in Bank of Khartoum, one of the largest banks in Sudan.
Syariah (Jawi: شرعية , the Malay spelling of "Sharia") refers to sharia law in Islamic religious law and deals with exclusively Islamic laws, having jurisdiction upon every Muslim in Malaysia. The Syariah Court system is one of the two separate court systems which exist in the general Malaysian legal system. There is a parallel ...
The Bank for International Settlements (BIS) is an international financial institution which is owned by member central banks. [2] Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks. [3] With its establishment in 1930 it is the oldest international financial institution.
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