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Indonesia: The tiger economy of Islamic banking

Posted on 24 September 2010

From Aawsat.com: Indonesia, an archipelago made up of approximately 17,508 islands, and is located in South-East Asia. The country has a population of approximately 230 million, making it the fourth most populous country in the world; its capital city is Jakarta, which is located on the island of Java.
Since the majority of the population of Indonesia are Muslims, Indonesia can be considered the largest Islamic state in the world in terms of population. The Indonesian economy is classified as a developing economy, and is known as a “Tiger Cub Economy” which is a group that also includes Malaysia, the Philippines, and Thailand……………………………………….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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