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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Indonesian Islamic banks to expand further in 2010

  • Aditya Suharmoko

    The Jakarta Post

Jakarta | Tue, December 8 2009 | 12:43 pm

PREMIUM Islamic banking assets could grow by 81 percent next year, but only if they fully use the supporting regulations, the central bank says. As of November, Islamic banking had mobilized total assets of Rp 61.4 trillion (US$6.54 billion). Bank Indonesia (BI) predicted total assets could reach Rp 68 trillion by the end of 2009, a 37 percent increase from the previous year. Islamic bankin...