Imron Mawardi, a Sharia Economics expert from the Faculty of Economics and Business Universitas Airlangga, in his Opinion in Disway Daily, gave his views on the planned merger between Bank Muamalat and BTN's sharia business unit. According to him, the merger is an important step which is expected to be completed before October this year, forming a bank with assets of around IDR 120 trillion and becoming the second largest sharia bank in Indonesia.

BTN Syariah, as one of the sharia business units of Bank BTN, sees the merger as an important step after its assets exceeded a critical value of IDR 50 trillion. On the other hand, Bank Muamalat has higher assets than BTN Syariah, even though its net profit is not that big. However, Bank Muamalat managed to grow significantly in 2023.

Imron highlighted that this merger is not only about assets, but also about strategic operational efficiency and market power. He emphasized that this merger must be followed by good and strong management arrangements to overcome potential conflicts of interest and other risks. If successful, this merger could be the best example for other sharia business unit mergers in Indonesia.

Read more: https://harian.disway.id/read/765753/merger-muamalat-btn-syariah