Muamalat Bank Optimistic Share-e Translucent $ 1 Trillion

December 22, 2011 By: admin Category: ISLAMIC FINANCE

Muamalat targeting can raise funds from share-e savings account $ 1 trillion at the end of this year. Achievements are supported by the growth of share-e gold card. Director of Compliance and Risk Management Muamalat, Andi Buchori said the growth of share-e gold has exceeded 100 thousand cards within one year. This growth increased the number of share-e card owners that have penetrated more than 1 million holders. Muamalat to increase the share of e-gold continue to increase savings by increasing services such as cooperation with the various merchants. Share of services in e-gold is currently provided by the various advantages such as providing discounts at certain restaurants. The cards also can be used for international transactions because there is a visa service. Share-e card features will be enhanced by utilizing a variety of co-operation. To increase share-e savings account, Muamalat to add to your office network next year. Targeted additional 100 branches supported by 500 Automated Teller Machine (ATM). Shopping places targeted for the addition of ATM Bank Muamalat. The addition of Muamalat network will be focused in the country. Bank Muamalat already had offices in Malaysia Kuala Lumpur but the addition of a branch office in Malaysia may not be done in the near future. It is because the performance of the transaction in Malaysia branch is not optimal. Transactions at the branch office in Malaysia are still limited. Bank Muamalat non-ringgit transactions is limited and regulation is still rigid (tight). However, there are a number of U.S. dollar transactions with a capacity large enough value in Malaysia. Muamalat asset value as of November 2011 has reached Rp 28 trillion. This number grew 46.9 percent compared to last year, while total funding has reached Rp 21.4 trillion.