| The assets of Islamic banking in Indonesia will continue their rapid growth next year despite Bank Indonesia’s more stringent rules, according to a central banker. Bank Indonesia required the country’s shariah-compliant lenders to increase the down payment for auto and housing purchases, according to a central banker.
“The global economy is expected to recover and the domestic economy is going to remain positive, providing a conducive business environment for domestic banking,” said Halim Alamsyah, a deputy governor of Bank Indonesia...............................................Full Article: Source
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