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Sharia-compliant investors accounted for around 2.9 percent of total investors in the capital market as of February this year.
An anticorruption NGO, MaTa, recently revealed there was widespread corruption in Aceh involving Rp 398 billion (US$28,199). As usual, this fact has not invited significant attention in Aceh, unlike issues of sharia.
The circular is meant to serve as a guideline for business owners to abide by sharia, which prohibits khalwat (physical displays of affection between unmarried couples).
Social media was abuzz with netizens asking whether Irwandi Yusuf would be charged under sharia – in particular, whether his hands would be chopped off for corruption.
Reports of marriage between a 11-year old girl and a man 30 years her senior sparked an uproar in Malaysia on Saturday, reigniting debate on the subject of underage marriage in the Muslim majority country.
A delegation from Suriname visited Indonesia on Monday to learn about the latter's sharia banking system and invite Indonesian businesses to invest in its own sharia banking industry, an official has said.
A group of amorous couples and alleged sex workers were publicly whipped for breaking Islamic law in Indonesia's Aceh Friday, just a week after the province pledged to move the widely condemned practice indoors.
The sharia-based provincial government of Aceh has issued a gubernatorial regulation ending the practice of caning convicts in public.
A man identified as N and a transgender person identified as M were arrested for allegedly being intimate in a beauty salon in Emperum, Banda Aceh.
The history of sharia in modern Aceh, however, goes back to the early days of the Reform Era, when Jakarta decided to grant the province a special status.