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Tuesday, 24 January, 2012 | 23:15 WIB
Sharia Bank Assets Soar by 49%
TEMPO Interactive, Jakarta:Sharia banking assets have been rapidly growing in 2011. The total asset of sharia banking has increased by 49 percent from Rp79.6 trillion in 2010 to Rp149 trillion. Therefore, sharia banking has managed to gain 4 percent of the national banking marketa 0.72-percent increase from 2010. The figures included assets owned by 154 sharia peoples credit banks, said Bank Indonesia Sharia Banking Director Mulya E. Siregar last week. Furthermore, sharia banking financing has grown nationally to Rp105 trillion of 50.6 percent higher compared to the same period in 2010. Third-party funds collected by sharia banking in 2011 have also increased by 51.78 percent to Rp118 trillion. SUBKHAN | EFRI