The OJK hoped that the conversion of BSM could pave the way for the merger of other rural banks under Muhammadiyah, eventually forming a fully-fledged sharia bank.

TEMPO.CO, Jakarta - Muhammadiyah, one of the two largest Islamic organizations in Indonesia, has announced the date for Eid al-Adha in 2025. Eid al-Adha, also known as the Feast of Sacrifice, is one ...