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Jakarta Post
The Jakarta Post
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Govt asked to exempt Islamic banking transactions from taxes

  • Benget Besalicto Tnb.

    The Jakarta Post

JAKARTA | Thu, March 5 2009 | 11:04 am

PREMIUM The Indonesian government needs to exempt all transactions in the Islamic banking system from  taxes in order to spur its development in the country, a world’s major player in the industry says. “I think, for the Islamic finance here to grow well, the government should provide tax neutrality to any transaction made in Islamic finance,” Badlisyah Abdul Ghani, CEO of CIMB Islamic Berh...