The year 2012 up to the third quarter of 2012 i.e. as of September 2012 signified the slowing down of the growth of Indonesian Islamic banking sector. Although we have yet to see the figures in the last quarter of 2012 to take any definite conclusion, it is safe to...
Indonesia is entering a new transformation in terms of consolidating its fi nancial service supervision. The Indonesian parliament enacted the law pertaining to the creation of Financial Services Authority (FSA), known by its Indonesian acronym as OJK, on the...
The discussion on the Islamic Economics has been going on in the last three decades. Islamic Research & Training Institute (IRTI), a research arm of the Islamic Development Bank (IDB) Group, has been one research center focusing on the study on Islamic banking,...
By Farouk Abdullah Alwyni The 2nd Annual Indonesia Trade & Commodity Finance Conference was recently held in Jakarta on the 16th October 2012. One of the topics discussed was “assessing increased appetite for Islamic fi nance within trade”. Islamic trade finance:...
By Farouk Abdullah Alwyni Indonesia’s Shariah capital market has entered a new era as a result of Law No.19 2008 about government Shariah bonds, which was enacted on the 7th May 2008. This law is required as a foundation for the issuance of government Sukuk (SBSN)....