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Islamic Finance Briefing - Categorized | Banking, Performance more

Indonesia: Shariah banks’ assets up 50 pct in March

Posted on 05 June 2012

The total assets of Indonesia’s sharia banks increased by 50 percent to Rp 158.8 trillion (US$16.99 billion) as of March from Rp 101.2 trillion in the same period last year, according to a senior Bank Indonesia official.
Edy Setiadi, the director for sharia banking at the central bank, said that the annual growth of the Islamic banks in Indonesia averaged 40.2 percent over the past five years………………………………………..Full Article: Source

 
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