Indonesia’s syariah banking sector has been growing 40.2 per cent annually over the last five years, outpacing conventional banking’s annual growth of 16.7 per cent over the same period.
Halim Alamsyah, deputy governor of the central bank, Bank Indonesia, expressed confidence that syariah banking would comprise 15 to 20 per cent of the country’s banking industry in 10 years, from 4.1 per cent currently……………………………………….Full Article: Source