INDONESIA - EVENTS - Potential Financing the Sharia Reaches USD 150 T

JAKARTA - The potential for Islamic banking financing for property and mining sectors, especially coal, in Indonesia reached at least Rp 150 trillion per year. Of that amount, that is realizable still very minimal, less than 5% of them.
In fact, financing risks in property and mining sectors are relatively low. With reference to the ratio of problem loans (non-performing loans / NPL) of conventional banking which is still below 2% for property and 0.46% for the mining, should have ratio of financing problems (non-performing financing / NPF) in Islamic banking is also low. Thus, Islamic banking can be more expansive to channel capital into the property and mining sectors.  (source)

INDONESIA - EVENTS - Jakarta Association of Issuers AEI Members Benefit Financing the Sharia Push

JAKARTA-Indonesia Association of the Issuer (AEI) encourages its members are listed on the Indonesia Stock Exchange (BEI) to take advantage of financing Islamic banking."There are 300 listed companies that are members and AEI is ready to facilitate issuers who wish to take advantage of Islamic banking to finance them," said Chairman of AEI Airlangga Hartanto in his speech at the seminar and Business Investors Daily gathering with the topic of Corporate Opportunities Obtain Financing the Sharia in Baliroom Kempinsky Hotel Jakarta, Thursday (17/11), which was read Partawijaya Yan AEI Secretary General. (source)