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View all search resultsThe hospital has taken down the “poorly worded” sign, but has confirmed that it was upholding sharia values to improve its services, saying that the policy was based on the city’s “vision and mission” to create a society with akhlaqul karimah (good morals)
Currently, 13 sharia banks and 21 sharia business units operate in Indonesia. With the widely differing financial strengths among banks, it appears that the decline in the statutory reserve requirement has not been strong enough to shift the lending supply curve, but had accumulated the excess liquidity of sharia banks.
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