INDONESIA - EVENTS - Human Resources and Product Development still problem

www.bisnis.com - BANDUNG: The problem that often limit the movement of Islamic banking is the limited human resources and product variations.
It was submitted by the Executive Director of Bank Indonesia Sharia Banking Eddy Setiadi during a press conference in Bank Indonesia The 2nd International Seminar on Islamic Finance, today is Tuesday, May 8, 2012.
Based on his observations, sharia-based banking business operations have not been fully managed by human resources (HR) with the educational background of Islamic finance. (source)

BANKING - Indonesia Shariah Banking and Commodity Murabaha

Indonesia’s central bank is speeding up the approval process for new Islamic banking products by forming a 10-member joint committee with the nation’s board of Shariah scholars.

Under the existing system, products have to be first reviewed for compliance with Shariah law by the panel of scholars and then Bank Indonesia. The new group will start work in January and will have representatives from Bank Indonesia, Majelis Ulama Indonesia, which is the Shariah board, and the Indonesian Association of Accountants, Mulya Siregar, the central bank’s director in charge of Islamic banking, said in an interview Dec. 30.