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Islamic Finance Briefing - Categorized | Banking, Performance more

Indonesia: Shariah bank assets soar by 49 pct

Posted on 25 January 2012

Sharia banking assets have been rapidly growing in 2011. The total asset of sharia banking has increased by 49 percent from Rp79.6 trillion in 2010 to Rp149 trillion. Therefore, sharia banking has managed to gain 4 percent of the national banking market—a 0.72-percent increase from 2010.
“The figures included assets owned by 154 sharia people’s credit banks,” said Bank Indonesia Sharia Banking Director Mulya E. Siregar last week………………………………………..Full Article: Source

 
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