06.06.2012 - Islamic banking in Indonesia grows 40 pct in five years
Islamic finance in Indonesia is growing rapidly, however the country is having difficulty attracting talent to support the industry and needs foreign players to expand its human capital, according to a Bank Indonesia official. Edy Setiadi, Executive Director of Directorate of Islamic Banking for Bank Indonesia said: “In the last two years alone it [Islamic finance] has grown around 50 per cent. In five to six years, the number of full-fledged Islamic banks has grown from just three full-fledged banks to eleven full-fledged banks, and around 24 conventional banks have an Islamic window.”..............................................Full Article: Source
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