Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post
Video Weather icon 30°C
DKI Jakarta, Indonesia
30°C Partly Cloudy

Dry and mostly cloudy throughout the day.

  • Wed

    26℃ - 32℃

  • Thu

    25℃ - 32℃

  • Fri

    25℃ - 31℃

  • Sat

    26℃ - 30℃

Sharia compliance in financial products

Durham | Thu, July 13, 2017 | 01:34 pm
Sharia compliance in financial products Personal touch: A teller serves a customer at the sharia lender Bank Syariah Bukopin's head office in Central Jakarta on Feb. 7, 2017. (JP/Dera Menra Sijabat)

PREMIUM Islamic financial institutions (IFIs) differ from conventional financial institutions. The primary distinction of Islamic financial instructions is the application of Islamic or sharia principles in its business activities. Thus, the adherence toward the sharia principles is essential for the IFIs. The establishment of a body to ensure sharia-compliance implementation in the IFIs is crucial. He...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.