Bank Kalbar Collaborates With Muamalat Institute To Develop Sharia Gold Pawn Products

Bank Kalbar employee training by Muamalat. (Photo: Bank Muamalat)

JAKARTA - PT Bank Pembangunan Daerah Kalimantan Barat (Bank Kalbar) has entered into a strategic partnership with PT Bank Muamalat Indonesia Tbk. through the Muamalat Institute to develop gold pawn products with Islamic principles,

General Director of Bank Kalbar Rokidi said that gold pawning is one of the fast-growing Islamic banking products in today's banking business. For this reason, his party feels the need to build synergies with one of the largest Islamic banking pioneers in Indonesia.

"We ask Muamalat to provide HR training to Bank Kalbar employees so that the knowledge they get can be applied as much as possible while working," he said in a press statement as quoted by VOI, Tuesday, February 23.

Rokidi added, one aspect of the ability that he wanted to improve was related to the customers' estimated gold value.

"And also after this training, do not let anyone be fooled by the gold carat value of the customer," he said.

On the same occasion, Executive Director of the Muamalat Institute Anton Hendrianto said that this collaboration was a concrete step in business development to suit customer needs.

"We are sure that the continuous development will ultimately improve the company's performance in responding to the challenges in the new normal era," he said.

For information, the Financial Services Authority (OJK) reported that the increase in the sharia pawning business was supported by the growth of Rahn-shaped sharia financing loans, which reached IDR 4.01 trillion as of March 2018. This figure is up 1.77 percent compared to the same period in 2017.

The training itself was held at the Bank Kalbar Syariah Office, Pontianak on February 18-19 last week.