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Islamic Finance Briefing - Categorized | Banking, Finance, Performance more

Sharia banking defaults rises over 5 percent

Posted on 05 May 2009

From Tempointeractive.com: Sharia banking credit default reported rising over the five percent limit by the central bank, in the first quarter of 2009.

In a report by Bank Indonesia, sharia banking disbursed Rp 39.3 trillion through its financing scheme and defaults, or non performing financing as the central bank put it, were at Rp 2 trillion or around 5.14 percent at the end of March this year…….Full Article: Source

 
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