www.kontan.co.id - JAKARTA. PT Bank CIMB Niaga through sharia business unit, CIMB Niaga Syariah ready to launch the Islamic money market transactions (SATISFIED), the Certificate of Commodity Trading Interbank Based on Sharia Principles (Sika).
Readiness is supported by the terms of Bank Indonesia to CIMB Niaga 14/137/DPM numbers on June 14, 2012 which affirmed the instrument permits the use of Sika SATISFIED.
"The exit of DSN-MUI fatwa and circulars concerning Sika Bank CIMB Niaga Syariah make clear the firm launched the Islamic money market transactions with Sika instruments," said Director of Commercial Banking and CIMB Niaga Syariah Handoyo Soebali, Sunday (24/6). (source)
Showing posts with label products. Show all posts
Showing posts with label products. Show all posts
Monday, June 25, 2012
Friday, June 08, 2012
INDONESIA - FINANCE - HSBC to Pioneer Islamic Forex Products in Indonesia
www.bloomberg.com -HSBC Amanah will offer Islamic
foreign exchange forwards and cross-currency hedging instruments
in Indonesia starting next month to help Shariah-compliant banks
manage risks arising from currency fluctuations.
“For these two products, we are the first to receive
approval from the central bank,” Herwin Bustaman, HSBC Amanah’s
Indonesia head, said in a telephone interview yesterday. “Right
now Islamic banks are exposed to market risk. This will help the
capital markets.” (source)
Tuesday, June 05, 2012
INDONESIA - BANKING - Islamic Mutual Funds Offer Bukopin
WWW.REPUBLIKA.CO.ID,
JAKARTA - PT Manulife Asset Management Indonesia (MAMI) signed a
cooperation with PT Bank Danamon to market investment funds, one of
which is Manulife Sector Amanah Syariah.
Islamic products will be marketed in 168 branches of Bank Danamon was appointed. The branch includes a branch of Islamic Bank Bukopin. "This product is one of five products that we market at MAMI Bukopin," said Director of Consumer Banking, Michellina Triwardhany, after signing the MoU between the Bank and Manulife Asset Management Bukopin in Jakarta, Monday (4/6).
Islamic products became popular because it has historically been a company that goes into it is a healthy company. It's just not Bukopin directing customers to this product. Customer asked to choose which products they want to invest. (source)
Islamic products will be marketed in 168 branches of Bank Danamon was appointed. The branch includes a branch of Islamic Bank Bukopin. "This product is one of five products that we market at MAMI Bukopin," said Director of Consumer Banking, Michellina Triwardhany, after signing the MoU between the Bank and Manulife Asset Management Bukopin in Jakarta, Monday (4/6).
Islamic products became popular because it has historically been a company that goes into it is a healthy company. It's just not Bukopin directing customers to this product. Customer asked to choose which products they want to invest. (source)
Thursday, May 31, 2012
INDONESIA - BANKING - QNB Kesawan credit card launched in December 2012
www.bisnis.com - JAKARTA: PT Bank QNB Kesawan Tbk optimistic to launch credit card services by the end of this year.
Director of QNB Bank Kesawan Madi D. Blue revealed the issuance of a credit card service is scheduled to hold a Visa.
"We are just waiting for approval from the BI. Expected to be rolled in December this year because it was included in the RBB in 2012. I'll probably hold a Visa or Mastercard, but it seems likely to Visa," he said, May 29, 2012. (source)
Director of QNB Bank Kesawan Madi D. Blue revealed the issuance of a credit card service is scheduled to hold a Visa.
"We are just waiting for approval from the BI. Expected to be rolled in December this year because it was included in the RBB in 2012. I'll probably hold a Visa or Mastercard, but it seems likely to Visa," he said, May 29, 2012. (source)
Wednesday, May 09, 2012
INDONESIA - EVENTS - Islamic Banking Products and Services Need to Be Improved
www.investor.co.id - BANDUNG
- Islamic banking products and services need to be improved as
currently assessed insufficient to meet the interests of the customer
making it difficult to compete with conventional banking products and
services.
Chairman of the Indonesian Association of Islamic Banking (Asbisindo) Yuslam Fauzi in Bandung, Tuesday, said the number of Islamic banking products in Indonesia is lagging behind Islamic banking in Malaysia.
"This form of Islamic banking products in Malaysia is more diverse. Reason is because they are eight years earlier to build the Islamic banking. They year 1984, while our 1992. So they are more in the future," said Yuslam on the sidelines of an international seminar that took place since the Islamic financial Monday (7/5). (source)
Chairman of the Indonesian Association of Islamic Banking (Asbisindo) Yuslam Fauzi in Bandung, Tuesday, said the number of Islamic banking products in Indonesia is lagging behind Islamic banking in Malaysia.
"This form of Islamic banking products in Malaysia is more diverse. Reason is because they are eight years earlier to build the Islamic banking. They year 1984, while our 1992. So they are more in the future," said Yuslam on the sidelines of an international seminar that took place since the Islamic financial Monday (7/5). (source)
Thursday, April 12, 2012
MALAYSIA - BANKING - Maybank Islamic unveils card for the affluent
www.btimes.com.my - KUALA LUMPUR: Maybank Islamic Bhd has unveiled Maybank Islamic Ikhwan Visa Infinite, a card that it claims offers the best one-for-one privileges from flight tickets, dining to golf.
The card, launched at the World Halal Research Summit last week, is for the affluent market of 35-years-old and above with an income of RM240,000 a year.
Maybank Islamic chief executive officer Muzaffar Hisham said the launch is in line with the bank's commitment to empower card members with its suite of privileges that extend from luxury travel to fine dining. (source)
The card, launched at the World Halal Research Summit last week, is for the affluent market of 35-years-old and above with an income of RM240,000 a year.
Maybank Islamic chief executive officer Muzaffar Hisham said the launch is in line with the bank's commitment to empower card members with its suite of privileges that extend from luxury travel to fine dining. (source)
INDONESIA - BANKING - BRI Syariah-Telkom Cooperation Delivery of Remittance
www.investor.co.id - JAKARTA - PT BRI Syariah and PT Telkom Indonesia cooperation remittances (remittance) and electronic money through the outlet with Pomegranate logo that is easy, safe, and inexpensive.
According to Director of Enterprise and Wholesale Telkom Arief Yahya on Wednesday, sending money and electronic money makes it easy for people to send money overseas. In addition, this cooperation can strengthen the business Telkom.
"We do not pursue profit through this cooperation, but rather to serve the growing number of customers that Telkom," Arief said after the signing of the cooperation. (source)
According to Director of Enterprise and Wholesale Telkom Arief Yahya on Wednesday, sending money and electronic money makes it easy for people to send money overseas. In addition, this cooperation can strengthen the business Telkom.
"We do not pursue profit through this cooperation, but rather to serve the growing number of customers that Telkom," Arief said after the signing of the cooperation. (source)
Wednesday, February 22, 2012
INDONESIA - BANKING - Permata Syariah IB gems Optima Savings, Investing Right Solution
www.pkesinteraktif.com - Jakarta-Today, investing in Islamic instruments to be ogled by the choice of many people. In addition to reassuring, of course, many advantages presented no less than the conventional-based investments.
IB Optima is offering savings of PermataBank Sharia, for those who want the flexibility to invest in transactions that access is easy, fast and safe, and wishes for the equivalent of Islamic deposits and free of charge as well as numerous other benefits. (source)
IB Optima is offering savings of PermataBank Sharia, for those who want the flexibility to invest in transactions that access is easy, fast and safe, and wishes for the equivalent of Islamic deposits and free of charge as well as numerous other benefits. (source)
Friday, February 17, 2012
INDONESIA - TAKAFUL - Bumiputra Unitlink Product Develop and Sharia
www.investor.co.id - JAKARTA - Life Insurance Co to develop Bumiputera 1912 and insurance unitlink products to meet customer needs and be one step to win the competition with competitors.
"Welcoming the second century Life Insurance Co (AJB) Bumiputera 1912, we were getting ready to unitlink products and new Islamic insurance products," said Director of AJB Bumiputera 1912, in a written statement Dirman Pardosi AJB Bumiputera 1912 received here on Thursday. (source)
"Welcoming the second century Life Insurance Co (AJB) Bumiputera 1912, we were getting ready to unitlink products and new Islamic insurance products," said Director of AJB Bumiputera 1912, in a written statement Dirman Pardosi AJB Bumiputera 1912 received here on Thursday. (source)
Saturday, February 11, 2012
INDONESIA - BANKING - Realize House of Dreams by CIMB Niaga Syariah
www.pkesinteraktif.com - Jakarta (9/2) - Having your own home is probably one of the dreams of every individual, especially for those who are already married. However, in reality the dream is not easy.
Home Ownership Financing is IB, a product of House Ownership Loan (mortgage) of Bank CIMB Niaga Syariah are present in the community and are ready to help realize the dream of dreams a good house. (source)
Home Ownership Financing is IB, a product of House Ownership Loan (mortgage) of Bank CIMB Niaga Syariah are present in the community and are ready to help realize the dream of dreams a good house. (source)
Friday, February 03, 2012
BRUNEI - TAKAFUL - Two Takaful products launched
www.bt.com.bn - TWO Takaful (Islamic insurance) products were launched yesterday by Takaful Brunei Keluarga Sdn Bhd as part of its ongoing commitment to encourage savings culture among Bruneians.
At its headquarters Takaful Brunei Darussalam Sdn Bhd in the capital yesterday, the subsidiary introduced the two new products; the Takaful Nur Savings and the Takaful Employee Package. (source)
At its headquarters Takaful Brunei Darussalam Sdn Bhd in the capital yesterday, the subsidiary introduced the two new products; the Takaful Nur Savings and the Takaful Employee Package. (source)
Monday, January 30, 2012
INDONESIA - BANKING - BNI Syariah Shutter with Tapenas Long-Term Funding
REPUBLIKA.CO.ID, JAKARTA - Bank ready to target the growth of Islamic savings plan (tapenas) a source of long-term financing. Growth funding or the Third Party Funds (TPF) BNI Syariah is targeted in 2012 jumped 30 percent.
Tapenas products, according to Director of Compliance BNI Syariah, Imam Teguh Saptono, a savings that makes the customer order to save. Because, savings can only be taken within a certain timeframe. "This product is an alternative between a regular savings and deposits," he said. (source)
Tapenas products, according to Director of Compliance BNI Syariah, Imam Teguh Saptono, a savings that makes the customer order to save. Because, savings can only be taken within a certain timeframe. "This product is an alternative between a regular savings and deposits," he said. (source)
Thursday, December 29, 2011
INDONESIA - BANKING - CIMB Group To Introduce New Islamic Products In Singapore And Indonesia
KUALA LUMPUR, Dec 28 (Bernama) -- CIMB Group Holdings Bhd plans to introduce new Islamic products in Indonesia and Singapore next year through its Islamic units in the two countries.
The bank is looking at introducing Islamic wealth management products and services as well as basic consumer banking products such as deposits for the two countries. (source)
The bank is looking at introducing Islamic wealth management products and services as well as basic consumer banking products such as deposits for the two countries. (source)
Tuesday, December 20, 2011
INDONESIA - BANKING - Saving money at the Post Office With Muamalat
Jakarta (19/12) - Post Office is now known not only serve the delivery of mail. Moreover, the Post Office can serve the package delivery, payment of electricity bill, telephone bill payments, and even sharia-based savings service.
Muamalat Postal Savings is an offering of Bank Muamalat for people who regularly transact at the Post Office and want to enjoy the services of Sharia-compliant savings. These savings are for individuals aged 18 years and over. (source)
Muamalat Postal Savings is an offering of Bank Muamalat for people who regularly transact at the Post Office and want to enjoy the services of Sharia-compliant savings. These savings are for individuals aged 18 years and over. (source)
Tuesday, November 22, 2011
INDONESIA - BANKING - There is a special savings account at Bank Muamalat tours
JAKARTA: PT Bank Muamalat Indonesia Tbk plans to open a savings program for package tours with special pricing options facilitated by Garuda Indonesia Holiday.
Director of Retail Banking of Bank Muamlalat Adrian A. Gunadi also hope that such cooperation can increase the volume of funds under management of Rp 5 billion-10 billion with a total of 20,000 customers that travel savings. (source)
Director of Retail Banking of Bank Muamlalat Adrian A. Gunadi also hope that such cooperation can increase the volume of funds under management of Rp 5 billion-10 billion with a total of 20,000 customers that travel savings. (source)
INDONESIA - BANKING - Muamalat spur savings hajj commission income
JAKARTA: PT Bank Muamalat Indonesia Tbk fee-based revenue target of Rp3 billion - 5 billion of savings Hajj and Umrah are supported by working with PT Garuda Indonesia Tbk.
Director of Retail Banking of Bank Muamalat Adrian A. Gunadi also hope that such cooperation can increase the volume of funds under management of Hajj and Umrah savings up to 30%. (source)
Director of Retail Banking of Bank Muamalat Adrian A. Gunadi also hope that such cooperation can increase the volume of funds under management of Hajj and Umrah savings up to 30%. (source)
INDONESIA - BANKING - Market Snap Hajj and Umrah, BMI Embraces Garuda
Jakarta (21/11) - PT Bank Muamat Indonesia (BMI) to cooperate with PT Garuda Indonesia in developing the aviation business to the middle east in particular relating to the Hajj and Umrah.
The signing of a memorandum of understanding was conducted by the Director of Retail Bank Muamalat Asharyanto Adrian Gunadi and Director of Marketing and Sales Garuda M. Arif Wibowo witnessed by the Director of the Bank, adding the Arviyan Garuda president director Arifin and Satar was attended by Director of BMI, Arviyan Arifin and Director of Garuda Indonesia, Ermisyah Satar in Jakarta, Monday (21/11). (source)
The signing of a memorandum of understanding was conducted by the Director of Retail Bank Muamalat Asharyanto Adrian Gunadi and Director of Marketing and Sales Garuda M. Arif Wibowo witnessed by the Director of the Bank, adding the Arviyan Garuda president director Arifin and Satar was attended by Director of BMI, Arviyan Arifin and Director of Garuda Indonesia, Ermisyah Satar in Jakarta, Monday (21/11). (source)
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