The bank Muamalat cleared the neighbouring Country
The Muamalat Bank established the investment company named First Islamic Investment Bank Ltd., by capital of early 10 million US dollar in Malaysia. "We got permission from LOFSA (Labuan Offshore Financial Services Authority) in Malaysia and got letter of content from the Indonesian Bank," Director's words of Bank Muamalat Andi Buchori were contacted, on Monday (8/9). He said this company will begin to be launched in October 2008 and the Muamalat Bank will increase capital through to 100 million dollar AS. Sementara, investment for the development of the infrastructure of the company took the form of IT it was estimated around 1 million US dollar. First Islamic Investment Bank Ltd., according to him, will have an office the centre in Kuala Lumpur and the secretariat's office in Labuan, Malaysia. Moreover, also opened the office in Jakarta. According to him, was registered by him this company in Malaysia because of scrutinising the international investor, especially the Middle East investor and Africa the northern part (Nothern Africa/MENA). "Labuan was known by the international investor and was open also for the investor from the Middle East that"the Muamalat Bank established the investment company named First Islamic Investment Bank Ltd., by capital of early 10 million US dollar in Malaysia. "We got permission from LOFSA (Labuan Offshore Financial Services Authority) in Malaysia and got letter of content from the Indonesian Bank," Director's words of Bank Muamalat Andi Buchori were contacted, on Monday (8/9). He said this company will begin to be launched in October 2008 and the Muamalat Bank will increase capital through to 100 million dollar AS. Sementara, investment for the development of the infrastructure of the company took the form of IT it was estimated around 1 million US dollar. First Islamic Investment Bank Ltd., according to him, will have an office the centre in Kuala Lumpur and the secretariat's office in Labuan, Malaysia. Moreover, also opened the office in Jakarta. According to him, was registered by him this company in Malaysia because of scrutinising the international investor, especially the Middle East investor and Africa the northern part (Nothern Africa/MENA). "Labuan was known by the international investor and was open also for the investor from the Middle East that"
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