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Jakarta Post
The Jakarta Post 34
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Sharia loans likely to get own LTV limit

  • The Jakarta Post

Jakarta | Tue, August 28 2012 | 05:30 am

Although sharia banks operating in the country will soon be subject to Bank Indonesia’s (BI) new policy regulating minimum down payments for housing and automotive loans, they may see different limits than those imposed on commercial banks, a deputy governor for the central bank says.

BI announced this month that it would soon include sharia banks in its policy to restrict loans to value ...