Ilham Habibie evaluated to give a new atmosphere to Muamalat

Bank Muamalat plans to make a stock exchange listing.

REPUBLIKA.CO.ID, JAKARTA – PT Bank Muamalat Indonesia Tbk just held the Annual General Meeting of Shareholders (RUPST) 2018 last week (28/6). Nine agendas were discussed at the meeting

. One accepted at the AGM, namely the appointment of Ilham Akbar Habibie as Chairman and Independent Commissioner of the Bank Muamalat. The first child of former Indonesian President BJ Habibie replaced Anwar Nasution

. The position would take effect after the graduation of Ilham from the Financial Services Authority (OJK). "Insya Allah by joining Mr. Ilham Habibie should bring a new atmosphere to Muamalat Bank's business development and network both locally and internationally," Bank President Muhammad Achmad K Permana said Monday (2/7). said the company continues to make improvements. Among them, the change of the board structure. Other improvement measures were approved at AGM 2018, he said, namely the sukuk issue, the purchase and sale of the sale of the company's badets. This corporate action will still continue until the completion target in the third quarter of 2018.

Meanwhile, linked to a long-term plan, Bank Muamalat plans to To make a stock exchange listing. The reason is that Bank Muamalat obtained a license as Foreign Exchange Bank and is registered as a public company, but was not listed on the Indonesian Stock Exchange

"The goal is to provide an exit strategy to shareholders.In addition, the benefits to the Company are to open the Company's access to long-term financing facilities and to improve the valuation of the brand the transparency and accountability of the Company. "