Government mulls setting up sharia economic zone in Jakarta
The Jakarta Post
The National Development Planning Board (Bappenas) are studying the possibility of setting up a special sharia economic zone in Jakarta.
Sharia economy expert Adiwarman Karim said Indonesia had become the world center of sharia inspired aspects of life like in finance, food and entertainment.
In terms of the Islamic finance, Adiwarman said, “the clients of sharia-based banks, Reksa Dana equity fund, pawnshops as well as insurance products have reached 40 million people, bigger than the populations of Malaysia, Singapore, Brunei and the United Arab Emirates combined.
“So, now is the right time to declare Indonesia as the center of the Islamic world’s economy, starting from Jakarta,” he said as quoted by kompas.com.
Adiwarman also said Indonesia had unique aspects in the implementation of sharia compared to other countries.
“Only in Indonesia people can find sharia-based spas and karaoke establishments. You won’t find such a thing in Malaysia or Saudi Arabia,” Adiwarman told an audience of a discussion themed “Jakarta as the Center of Sharia Finance” in Jakarta.
The discussion also had Jakarta deputy gubernatorial candidate Sandiaga Uno as a speaker.
You might also like :
- North Sumatra's regent nabbed in antigraft operation
- 'Waria' told to leave their home in Jakarta amid anti-LGBT campaign
- 22 migrants missing off Morocco after boat capsizes
- 'Moral panic' targets Indonesia's LGBT community
- Boeing ‘confident’ in 737 MAX safety despite aircraft flaw
- Govt looks to private employees to fill public jobs after 90 percent of applican...
- Christian school rumor leads to closure of vocational academy in Batam
- Indonesia's latest economic stimulus package: What you need to know
- Here are 10 of the most populated cities in the world
- Trump says doesn't want to hear 'suffering' Khashoggi tape