15.12.2011 - Shariah banks will weather global crisis, BI predicts
The current global economic crisis will have no significant impact on Indonesia’s sharia banking industry, says Bank Indonesia (BI). “The global economy will not disrupt the sharia bank industry,” BI deputy governor Halim Alamsyah said Wednesday, as quoted by tempo.co. Sharia banks, he explained, focused their funding mostly on national businesses and therefore would not suffer any direct consequences of either the debt crisis in the eurozone or the recession in the United States...............................................Full Article: Source
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