Showing posts with label al ijarah. Show all posts
Showing posts with label al ijarah. Show all posts

Tuesday, May 29, 2012

INDONESIA - LEASING - Semester II, Al Ijarah Muamalat Acquisition Completed

WWW.REPUBLIKA.CO.ID, JAKARTA - Bank Muamalat plans to complete the acquisition of Al Ijarah Indonesia Finance (Alif) in the second half. For the acquisition Muamalat spend about Rp 70 billion.

"Target is completed in the second half and it has been approved in general meeting of shareholders," said Director of Compliance and Risk Management of Bank Muamalat, Andi Buchori, the Office of Bank Muamalat, Monday (28/5). (source)

Saturday, April 28, 2012

INDONESIA - FINANCE - Muamalat waits for Shareholders approval of the acquisition of Alif

www.bisnis.com - JAKARTA: Indonesia Tbk, PT Bank Muamalat will ask permission of the shareholders in May to acquire the shares of PT Al Ijarah Indonesia Finance is owned by Boubyan Kuwait and Alpha Lease and Finance Holding BSC.
Andi Buchari, Muamalat Compliance Director, said the acquisition of PT Al Ijarah Indonesia Finance (Alif) is going through the stages of the approval of the commissioner, shareholders, and the authorities.
"We asked for approval of the shareholders of the General Shareholders' Meeting [AGM] in May after which the process will require permission from the authorities," he said today, 26 April 2012.  (source)