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Tech-based lenders bet on syariah banking in Indonesia

Newly established tech-based lenders are enthusiastically tapping into syariah banking in Indonesia, betting on an underpenetrated market with a potential customer base of 45 million in a country with the world's largest Muslim population.

Indonesia s Bank Jago is set to grow its loan book this year as well, says exec

The Gojek-backed lender posted a net profit of about Rp 86 billion ($6 million) in 2021.

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