Retirement Fund Financial Institution (DPLK) Muamalat is a legal entity established by PT Bank Muamalat Indonesia Tbk. on 12 September 1997, and legalized by the decree of Minister of Finance Number Kep- 485/KM.17/1997 dated 10 October 1997. Retirement fund program being implemented is Fixed Premium Pension Program (PPIP). DPLK Muamalat offers simplicity in planning the future finance for employees
or independent workers, and it manages customers’ funds professionally as the long- term investment in the form of customer’s private account. Therefore, regardless of the customer’s profession, they can have a guarantee to have continuous income when he retires in the future, if the customer joins DPLK Muamalat. Various choices of retirement ages, sharia fund management, various investment package with competitive and flexible development result, broad network and 24-hours access are all the beneficial factors for customers to prepare their retirement
ahead in DPLK Muamalat. Benefits for companies that enroll their employees as DPLK participants are, among others, no tax cost (Pph25), as the way to prepare severance pay/retirement pay for their employees (according to Law Number 13 Year 2003 concerning Labor); and ability to report to Minister of Finance as a body that organizes pension funds.
2. PT. AL - IJARAH INDONESIA FINANCE (ALIF)
PT Al Ijarah Indonesia Finance (ALIF) was established in November 2006 in Jakarta and started operations on August 27, 2007. The Company established Islamic finance to meet the financing needs of the public finances Indonesia. The initial capital deposited is Rp105 billion, which is placed equally by the three leading financial institutions Indonesia and the Middle East, namely Bank Muamalat Indonesia, Kuwait Boubyan Bank, Alpha Lease and Finance Holding BSC, Kingdom of Bahrain. ALIF was originally established to serve the financing needs of the business community of Indonesia and Southeast Asia, by offering financing at least Rp2 billion per transaction and financial advisory services.
The global economic crisis that began in 2010 and has pushed ALIF to change the business focus on retail financing. This is in addition to increasing the funding sources, as well as to benefit from growth in the consumption sector is very large in Indonesia today and in the future.
For further informations please click www.alijarahindonesia.com