INDONESIA - RAMADAN - CHARITY - Bukopin Syariah helps orphans

Jakarta (19 / 8) holy month of Ramadan in optimizing fully by Islamic financial institutions in providing care to the community. Among them are conducted by the Bank Syariah Bukopin (BSB) in its CSR program provides assistance in the form of compensation Orphans in the two parlors, including the Foundation and Yayasan Insan Madani Tarbiyatul Auliyat. (source)

INDONESIA - BANKING - Bukopin Syariah launches Islamic Waqf product

Jakarta (16 / 8) To provide services to its customers and the community in funding endowments, PT Bank Syariah Bukopin (BSB) in collaboration with the National Endowments Indonesia (BWI) launched the cash waqf.

According to the Managing Director of BSB Riyanto, these products as one of the alternative products that can be owned by its customers. "It used to shape the form of asset endowments. But now cash and can not be eternal, but it can be futures," he said in a joint opening ceremony here on Monday (15 / 8). (source)

BANKING - ASBISINDO: Astonished That Hajj Funds to be Deposited to Govt Account to Buy Sukuk

Jakarta, (1/3). The circulate letter from the minister of religious affairs is considered as distress situation for all Islamic banks, since the letter required all hajj funds mobilized by Islamic banks to be deposited to govt. account to buy sovereign sukuk. This is considered as stunned situation considering that hajj funds have been contributed greatly to the development of production sector thru the financing. (source)

BANKING - Hajj Saving Account is the Primary Business of BSB Bank Bukopin Syariah

Jakarta, (15/11). The potential market for hajj saving account in Indonesia has become a business opportunity for Bukopin Syariah (BSB) and will become one of its primary products. Although it is lack behind from other Islamic banks in offering the hajj saving accounts, the Division head of Product and Business of BSB, Nur Cholis said it doesn’t matter, and he believed that BSB hajj saving account has more advantages compare to the same product from its competitors.