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Rising role of sharia economy in Indonesia
15 hours ago
16 hours ago 4th May 2021
Muslim fashion showed in an exhibition held on the sideline of Sharia Fair in Surabaya, East Java recently. ANTARA PHOTO/Moch Asim/wsj.
We can see that the role of sharia economy has continued to increase, thereby necessitating to put in place a reliable instrument, and we can develop this Indonesia is indubitably catching up with other countries in the development of the sharia economy, although the world s largest Muslim population nation was considered as being rather late in paying heed to Islamic economics.
The world s fourth most populous country has realized the need to tap the potential of sharia economy, as the State of Global Islamic Economy Report 2020-2021 indicated that Muslim consumers expenditure on halal food, beverage, pharmaceuticals, and tourism had reached US$2.02 trillion in 2019.
Thohir targets BSI ranking among world s top 10 Islamic banks 17th March 2021
Minister of State-Owned Enterprises Erick Thohir during a virtual discussion at ISEI Jakarta, Wednesday (17/3/2021). ANTARA / Kuntum Riswan
Owing to this merger, Bank Syariah Indonesia has assets of more than Rp240 trillion and is targeted to be included in the top 10 Islamic banks in the world. JAKARTA (ANTARA) - Minister of State-Owned Enterprises (BUMN) Erick Thohir targets PT Bank Syariah Indonesia Tbk (BSI) to rank among the world s top 10 Islamic banks, as its assets surpassed Rp240 trillion. Owing to this merger, Bank Syariah Indonesia has assets of more than Rp240 trillion and is targeted to be included in the top 10 Islamic banks in the world. Hence, we pray for and continue to support the management of BSI to be able to realize the noble ideals in order to create a comprehensive sharia ecosystem not only in Indonesia but also in the world, Thohir noted in a discussion at ISEI Jakarta,