JAKARTA - China's first and largest online insurer ZhongAn Online P&C is buying a stake in Indonesian tech-based syariah lender Bank Aladin, online business and economic research firm Katadata reported on Wednesday (April 6) morning.
. Read more at straitstimes.com.
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.