INDONESIA - EVENTS - WORLD BANK SURVEY: Islamic finance is not limited to Muslim customers

www.bisnis.com - BANDUNG: As a phenomenon that also occurs in Europe, Sharia-compliant financial services users in Indonesia is also not limited to the Muslim religion, but also non-Muslims.
The facts found by the World Bank during a survey of the Islamic financial sector in Indonesia.

 The survey was conducted on 100-based Islamic financial institutions include banks, rural banks, pawnshops PT, insurance, financing, and venture capital. (source)

INDONESIA - BANKING - BRI Syariah Posts Finance Portfolio of Rp 7.9 T

JAKARTA (IFT) – PT BRI Syariah, a subsidiary of PT Bank Rakyat Indonesia Tbk (BBRI) saw a 43.64 percent increase in finance portfolio to Rp 7.9 trillion as of September 2011 from Rp 5.5 trillion in end-2010 (year-to-date). A bulk of the portfolio comprise micro, small, and medium enterprise (MSME) loans as well as consumer loans.  (source)

INDONESIA - BANKING - Micro Loans Drives Income of Banks

JAKARTA (IFT) – Micro, small and medium enterprise (MSME) loan portfolio has a significant income contribution to banks’ business, according to IFT Research Department. Large-scale banks add their outlets and networks in remote areas to maintain the growth. (source)

INDONESIA - MICRO FINANCE - BNI Syariah ready to offer BMT micro products

Jakarta (14 / 8) In developing the products of the micro financing to small and medium enterprises (MSMEs), BNI Syariah future will hold perpetrators of Islamic financial services cooperative. This is done because it makes it easier for Bank ready to offer such products.

BNI Syariah Branch Head Fatmawati, Mohammed Sharif insisted today BNI Syariah have products such as SMEs which are the product Tunaswirausaha sharia financing to micro business. These products are very useful for the improvement of SMEs business. (source)

INDONESIA - KUR - Bank Syariah Mandiri channels funds to Micro Small Medium Enterprises

Jakarta (13 / 8). To enhance the role of cooperatives as a pillar of the community's economy, Islamic banking players do not want to miss. In commemoration of cooperatives in Senayan Jakarta, Bank Syariah Mandiri (BSM) handed People's Business Credit (KUR) to the Islamic Financial Services Cooperatives (KJKS) Tanggerang Mandiri Rp 500 million.

Managing Director of BSM, Fauzi Yuslam on the occasion said, giving the actors KUR cooperatives by Islamic banks is evidence that Islamic banking is very committed in developing cooperatives in Indonesia. (source)