The Bank's subsidiary is PT Bank Victoria Syariah which is also engaged in banking.

Besides conventional banking, it also offers Shariah-compliant banking services through its subsidiary, PT Bank Syariah Mandiri.

Besides conventional banking, it also offers Shariah-compliant banking services through its subsidiary, PT Bank BCA Syariah.

Besides conventional banking, it also offers Shariah-compliant banking services through its subsidiary, PT Bank Syariah Bukopin.

Banks taking part in the syndication are all local, led by Bank Syariah Mandiri and Bank Negara Indonesia.

RHB added that the Syariah compliant counter was expected to be well supported by a reasonably attractive dividend yield.

That is three times as large as the 65 trillion rupiah held by Indonesia's largest Islamic bank at present, PT Bank Syariah Mandiri.

DIB has had a presence in Pakistan since 2006 and also holds a 39.6 percent stake in Indonesia's Bank Panin Syariah.