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Thu, 24 April 2014 11:49:46
Indonesia's Shariah banking sector safe from global crisis: CB
15 Dec, 2011 11:10:49
JAKARTA, Dec 15 (AsiaPulse) - The global economic crisis will have no significant impact on Indonesia's sharia banking industry, Bank Indonesia (BI) says.
BI deputy governor Halim Alamsyah said Wednesday sharia banks have no direct exposure to international banking risks as they deal only on domestic businesses.

Halim said on the contrary, sharia banks would have greater opportunity to deal with the productive real sector in 2012.

He said sharia banks could play greater role in the country's banking business if they modernize their banking infrastructure, information technology and risk management quality. (ANTARA) RY
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