Banking: Dubai Seminar Highlights Shariah Banking Growth

By webadmin on 08:25 am Oct 24, 2011
Category Archive

Halim Alamsyah, a Bank Indonesia deputy governor, told a seminar on Sunday that the country’s Shariah banking industry grew by an average of 36.3 percent from 2000 to 2010, from Rp 100 trillion ($11.3 billion) to Rp 1.79 trillion.

Halim was speaking in Dubai, where the Indonesian Consulate General brought together more than 130 participants, including banking officials from both countries, to discuss Shariah finance.

The consul general, Mansyur Pangeran, said Shariah finance was expected to continue to grow.