Treasury di Bank? Cara Kerjanya Gimana Yaa? ~ Muamalat Talk Ep. 52

Summary

In this podcast episode, Erlina speaks with Citra Kurniawati, Head of Treasury at PT Bank Muamalat Indonesia, about the vital role of treasury in managing bank finances. Citra explains how the treasury department optimizes incoming and outgoing funds while exploring investment opportunities like Forex and sukuk. The discussion highlights the unique aspects of Islamic banking, including permissible trading practices and the importance of needs-based transactions. Citra also shares insights for aspiring treasury professionals, emphasizing the need for analytical skills and quick decision-making in this dynamic field.

Takeaways

• 😀 Treasury in Bank Muamalat is responsible for managing incoming and outgoing funds to maximize profit.
• 📈 Treasury also engages in various investments, including Forex trading and sukuk products.
• 🕌 Bank Muamalat is the first fully sharia-compliant bank in Indonesia, emphasizing Islamic finance principles.
• 🔍 The role of treasury has evolved from a finance function to a profit-oriented unit focused on investment strategies.
• 💵 Forex transactions are permitted in Islamic finance, provided they meet specific conditions and are not speculative.
• 📊 Treasury must monitor global economic trends and analyze currency fluctuations and fixed income movements.
• 🗣️ The podcast features Citra Kurniawati, Head of Treasury at Bank Muamalat, discussing the treasury's role and functions.
• 📚 Key skills for a career in treasury include analytical thinking, quick decision-making, and understanding global finance.
• 🌍 Bank Muamalat has a branch in Malaysia, providing services for a wide range of currencies, including exotic ones.
• 🔗 Interested candidates can find job opportunities and application details through Bank Muamalat's official Instagram and website.

Q & A

What is the main responsibility of the treasury at Bank Muamalat?

The treasury is responsible for managing the bank's incoming and outgoing funds, optimizing these transactions for profit, and engaging in various investments.

How does the treasury differ from the finance department?

The treasury focuses on executing transactions and generating profits, while the finance department primarily deals with financial planning and reporting.

What investment options does the treasury at Bank Muamalat manage?

The treasury manages investments such as Forex trading and Sukuk, ensuring compliance with Islamic finance principles.

What is Sukuk, and how is it related to the treasury's activities?

Sukuk are Islamic financial certificates similar to bonds, and they are part of the treasury's offerings to provide compliant investment options for clients.

What specific trading activities are permitted under Islamic finance guidelines?

Trading activities allowed include Forex transactions conducted under specific conditions that avoid speculation and are based on real needs.

What skills are essential for a career in treasury?

Key skills include strong analytical abilities, quick decision-making, and an understanding of global economic trends.

What advice does Citra offer to young individuals interested in a treasury career?

Citra encourages young people to develop analytical skills, embrace challenges, and understand the fast-paced nature of treasury work.

What types of currency transactions can the treasury facilitate?

The treasury can handle transactions in over 100 different currencies, including exotic currencies like the Korean Won and Thai Baht.

How can interested candidates apply for positions in treasury at Bank Muamalat?

Candidates can apply through the bank's social media platforms, where application details are posted.

What is the significance of the 'sharf' contract in Forex transactions?

The 'sharf' contract allows for permissible currency exchange under Islamic law, ensuring that transactions meet the necessary ethical standards.