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sharia-economy

Unresolved problems in Islamic banking
Opinion 7 years ago

PREMIUM
Unresolved problems in Islamic banking

According to data from the monthly bank report, credit growth in the banking industry in the third quarter of this year has reached double digits at 12.98 percent year-on-year.
National movement needed to develop sharia economics: BI
Business 7 years ago

National movement needed to develop sharia economics: BI

Bank Indonesia (BI) deputy governor Dody Budi Waluyo says a national movement is needed to develop sharia economics to help develop and stabilize the economy.
What's next for the Indonesian Waqf Board?
Opinion 7 years ago

What's next for the Indonesian Waqf Board?

The majority of waqf assets are still neglected and undeveloped. Even the total numbers of waqf assets and its true potentials are not known.
How Islamic finance can manage rupiah stability
Opinion 7 years ago

PREMIUM
How Islamic finance can manage rupiah stability

An ecosystem that enables Islamic finance to flourish needs to be established. 
Harmonizing tax and 'zakat'
Opinion 7 years ago

PREMIUM
Harmonizing tax and 'zakat'

Zakat has vast dimensions, ranging from faith, economic and social aspects. There are three main goals of zakat. 
With IMF nod, industry body IFSB to tighten Islamic finance guidance
Business 7 years ago

With IMF nod, industry body IFSB to tighten Islamic finance guidance

The Islamic Financial Services Board (IFSB) will expand its guidance for national regulators after the International Monetary Fund (IMF) adopted its standard for Islamic banking, hastening efforts to harmonize business practices.
BRI Syariah goes public, eyes status upgrade
Business 7 years ago

BRI Syariah goes public, eyes status upgrade

On the first trading day, BRI Syariah’s shares jumped by 19.6 percent to Rp 610 per share, from the initial offering price of Rp 510. 
What we miss in our Islamic banking
Opinion 7 years ago

PREMIUM
What we miss in our Islamic banking

Indonesia’s Islamic finance architecture master plan and Islamic banking road map for 2015-2019 focuses on accelerating the market share of Islamic banks, rather than strengthening sharia governance practices. 
Sharia rulings on cryptocurrencies
Opinion 8 years ago

PREMIUM
Sharia rulings on cryptocurrencies

Bitcoin and other cryptocurrencies also fail to comply with the sharia requirements, as they are not backed by any tangible real world asset.
Anticipating new rule on sharia banks
Opinion 8 years ago

PREMIUM
Anticipating new rule on sharia banks

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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