Islamic finance in Indonesia: A quantum leap

Islamic finance is emerging as a rapidly growing part of the financial sector and it has become a global phenomenon. Both Muslim and western countries have accepted it into their financial portfolio. Indonesia’s Islamic banking assets have grown by 50% to US$17 billion in 2012, and are expected to...

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Main Author: Zul Kepli, Mohd Yazid
Format: Article
Language:English
Published: TransStellar 2013
Subjects:
Online Access:http://irep.iium.edu.my/35131/
http://irep.iium.edu.my/35131/
http://irep.iium.edu.my/35131/1/islamic_finance_in_indonesia.pdf
id iium-35131
recordtype eprints
spelling iium-351312018-05-21T07:26:30Z http://irep.iium.edu.my/35131/ Islamic finance in Indonesia: A quantum leap Zul Kepli, Mohd Yazid K Law (General) KBP Islamic Law Islamic finance is emerging as a rapidly growing part of the financial sector and it has become a global phenomenon. Both Muslim and western countries have accepted it into their financial portfolio. Indonesia’s Islamic banking assets have grown by 50% to US$17 billion in 2012, and are expected to continue on an upward trajectory as the Indonesian government and financial institutions show more support towards this growing sector. This research studies the development of Islamic finance in Indonesia. It analyzed the advantages, strength and benefit of Islamic banking in Indonesia such as huge domestic market, in addition to investments and economic opportunities. This research also highlights the challenges facing Islamic financial industry in Indonesia together with suggestions for improvement. TransStellar 2013 Article PeerReviewed application/pdf en http://irep.iium.edu.my/35131/1/islamic_finance_in_indonesia.pdf Zul Kepli, Mohd Yazid (2013) Islamic finance in Indonesia: A quantum leap. International Journal of Sales & Marketing Management Research and Developmen t (IJSMMRD), 3 (5). pp. 21-30. ISSN 2249-6939 http://tjprc.org/view_archives.php?year=2013&id=33&jtype=2&page=2
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic K Law (General)
KBP Islamic Law
spellingShingle K Law (General)
KBP Islamic Law
Zul Kepli, Mohd Yazid
Islamic finance in Indonesia: A quantum leap
description Islamic finance is emerging as a rapidly growing part of the financial sector and it has become a global phenomenon. Both Muslim and western countries have accepted it into their financial portfolio. Indonesia’s Islamic banking assets have grown by 50% to US$17 billion in 2012, and are expected to continue on an upward trajectory as the Indonesian government and financial institutions show more support towards this growing sector. This research studies the development of Islamic finance in Indonesia. It analyzed the advantages, strength and benefit of Islamic banking in Indonesia such as huge domestic market, in addition to investments and economic opportunities. This research also highlights the challenges facing Islamic financial industry in Indonesia together with suggestions for improvement.
format Article
author Zul Kepli, Mohd Yazid
author_facet Zul Kepli, Mohd Yazid
author_sort Zul Kepli, Mohd Yazid
title Islamic finance in Indonesia: A quantum leap
title_short Islamic finance in Indonesia: A quantum leap
title_full Islamic finance in Indonesia: A quantum leap
title_fullStr Islamic finance in Indonesia: A quantum leap
title_full_unstemmed Islamic finance in Indonesia: A quantum leap
title_sort islamic finance in indonesia: a quantum leap
publisher TransStellar
publishDate 2013
url http://irep.iium.edu.my/35131/
http://irep.iium.edu.my/35131/
http://irep.iium.edu.my/35131/1/islamic_finance_in_indonesia.pdf
first_indexed 2023-09-18T20:50:27Z
last_indexed 2023-09-18T20:50:27Z
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