An Update on the Indonesian Islamic Banking Industry

As of July 2017, the market share of the Islamic banking industry in Indonesia stood at 5.7% of the total banking industry, recording a continuing, albeit small, rise. In 2016, it reached 5.5% compared with 5% in the years of 2014 & 2015. Download

Indonesia’s New Hajj Fund Management Agency

The members of Indonesia’s new Hajj Fund Management Agency, or known by its Indonesian name as Badan Pengelola Keuangan Haji (BPKH), were inaugurated by the president of the Republic of Indonesia, Joko Widodo, on the 26th July 2017, and immediately commenced work on...

Indonesia’s Corporate Sukuk Space

Up to May 2017, there have been new issuances of corporate Sukuk amounting to IDR5.15 trilion (US$386.49 million). As shown in table 1, this performance in the first half of 2017 showed a major improvement compared with the performance in the first half 2016 when...
Menanti Perubahan Jakarta

Menanti Perubahan Jakarta

Oleh: Farouk Abdullah Alwyni, Chairman CISFED Pemilihan Kepala Daerah (Pilkada) DKI baru saja usai. Telah terpilih gubernur dan wakil gubernur baru pilihan rakyat DKI. Mereka adalah Anies Baswedan dan Sandiaga Uno. Pada awalnya ekspektasi kemenangan pada pasangan...