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Jakarta Post
The Jakarta Post
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Sharia banking sees extraordinary development

  • Slamet Susanto

    The Jakarta Post

Yogyakarta | Tue, November 27 2012 | 11:24 am

PREMIUM Sharia banking has been experiencing extraordinary developments in several countries including Indonesia, home to 191 sharia banks. In Indonesia, this particular banking system has been enjoying an average growth-rate of 40.2 percent per year from 2007 to 2011.

The figure was revealed during a one-day seminar on Islamic deposit insurance of the International Association of Deposit Insurers ...