Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Islamic Finance to be Developed in Real Sector

Translator

Editor

28 July 2017 12:18 WIB

TEMPO.CO, Jakarta - The National Sharia Finance Committee (KNKS) Secretary Bambang Brodjonegoro said that the government will develop Islamic finance in the real sector. “We want to push the idea that Islamic finance is not only for the financial sector, but sharia finance can also be developed for the real sector,” said Bambang, who is also the National Development Planning Agency (Bappenas) head after the launch of KNKS yesterday, July 27, in Jakarta.

The KNKS was launched by President Jokowi. Also present at the event were Vice President Jusuf Kalla, the ‘Working Cabinet’ ministers and Indonesian third president BJ Habibie. In his opening address, Jokowi said that Indonesia’s Islamic finance market share is still small at 5.3 percent in the national banking industry.

Bambang said that the reason behind the small market share is that Indonesia does not have big sharia banks, among others. “It’s because the demand itself is not quite strong. In fact, the demand came from the real sector,” he said.

Therefore, Bambang said, one of the KNKS priorities is to strengthen the real sector i.e. the Islamic economy. He added that the Islamic economy can be translated into the halal industry as well as halal tourism which is currently being developed by the government.

Bambang explained that high growth in the real sector will entail an increase in demand for financing. “It’s how to create demand for Islamic finance which will help make the industry bigger,” he said.

The efforts will continue to be done to attract investors to help make Islamic banks bigger and reach the same level as conventional banks, according to Bambang. He said that there is no ideal market share figure to be reached by Islamic banks. “One thing is for sure, we will develop the Islamic economy. But to set a benchmark, it should reach 10 percent,”

AMIRULLAH SUHADA



OJK Says Indonesia's Sharia Banking Industry Still Lacks Competitiveness

27 November 2023

OJK Says Indonesia's Sharia Banking Industry Still Lacks Competitiveness

OJK Chief Executive of Banking Supervision Dian Ediana Rae explained that the sharia banking industry is still relatively small.


Indonesia Islamic Finance Assets Hit Rp2,375tn, OJK Says

16 Februari 2023

Indonesia Islamic Finance Assets Hit Rp2,375tn, OJK Says

Indonesia's Financial Services Authority (OJK) says the assets of the country's Islamic finance amounted to Rp2,375.84 trillion as of December 2022.


NU Education Plays Significant Role in Sharia Economy Development: Sri Mulyani

12 Maret 2021

NU Education Plays Significant Role in Sharia Economy Development: Sri Mulyani

Finance Minister Sri Mulyani says Nahdlatul Ulama (NU) has successfully combined Islamic and Indonesian values in harmony.


Ma'ruf Amin Talks of Great Challenges of Developing Sharia Economy

12 Maret 2021

Ma'ruf Amin Talks of Great Challenges of Developing Sharia Economy

VP Ma'ruf Amin revealed three challenges for Indonesia to develop Islamic economic and financial products that are competitive in the global market.


Ma'ruf Amin on 8% Growth of Indonesia Sharia Economy: Not Optimal Yet

4 Maret 2021

Ma'ruf Amin on 8% Growth of Indonesia Sharia Economy: Not Optimal Yet

Vice President Ma'ruf Amin stated that Indonesia's sharia economy has just developed by 7 to 8 percent from its existing potential thus far.


Jokowi: Potential Cash Waqf Can Reach Rp188 trillions

25 Januari 2021

Jokowi: Potential Cash Waqf Can Reach Rp188 trillions

President Jokowi today along with Vice President Ma'ruf Amin and Finance Minister Sri Mulyani launched the National Cash Waqf Movement (GNWU).


Halal Industry; Jokowi Calls For Improvement of Ecosystem, Regulation, and HR

28 Oktober 2020

Halal Industry; Jokowi Calls For Improvement of Ecosystem, Regulation, and HR

President Jokowi lamented the great potential of Indonesia's halal industry that has not been fully exploited.


Ma'ruf Amin: Govt Preps Economic Recovery of Sharia Finance

9 Juni 2020

Ma'ruf Amin: Govt Preps Economic Recovery of Sharia Finance

VP Ma'ruf Amin stated on Tuesday that the government was preparing a policy scheme on the economic recovery and sharia finance affected by Covid-19.


OJK Gives Foreign Investors Leniency to Acquire Sharia Banks

19 Juni 2015

OJK Gives Foreign Investors Leniency to Acquire Sharia Banks

The regulator is providing lenient terms for foreign
investors planning to enter Indonesia's sharia banking
sector.


OJK Calls on Sharia Industry to Grease Economy

1 Juni 2015

OJK Calls on Sharia Industry to Grease Economy

The sharia financial services industry is expected to take on
a greater role in national development, OJK deputy says.