INDONESIA - BANKING - Innovation and regulation boost Islamic banking

www.republika.co.id - JAKARTA – The development of Islamic bank asset is still rocketing in 2012, economic analyst, Euis Amalia, says. The increase is supported by the increasing public interest in Islamic banking products and the emerging of Islamic general bank (BUS).

The Islamic banking asset in 2011 entirely records 49 percent growth compared to 2010. The asset reaches 149 trillion IDR or four percent market share of national banking. (source)

INDONESIA - BANKING - Good News... Total Asset of Islamic Banking hikes!

WWW.REPUBLIKA.CO.ID, JAKARTA - Another good news comes from Indonesian Islamic finance sector, according to a report by central bank or Bank Indonesia (BI). Total asset of Islamic banking in Indonesia enjoys an increase up to 49 percent in the end 2011, compared to the same periode of 2010 or year over year (yoy).  (source)

INDONESIA - BANKING - BI grants permission for 2 new banks

REPUBLIKA.CO.ID, JAKARTA - Islamic Finance in early 2012 more enlivened by the presence of two new Islamic banks. Bank Indonesia (BI) issued a permit a business unit of sharia (UUS) and the People's Bank Financing the Sharia (SRB) in December 2011.

Regional Development Banks Jambi opened UUS UUS increase the number to 23 units. While the number to 155 by the presence of SRB SRB Light Living in Yogyakarta. (source)

INDONESIA - BANKING - Active BI pushes Islamic banking to SATISFIED

Jakarta (24 / 8) - Bank Indonesia (BI) today will continue to encourage Islamic banking transactions to be active in the interbank money market based on Islamic principles (SATISFIED). This is done because the BI tended to see Islamic banking as well as central banks still rely on its parent bank in dealing with liquidity problems. Though SATISFIED itself has a good benefit in addressing the needs of Islamic banks liquidity. (source)

INDONESIA - BANKING - BI: Islamic Banking Must Be Shared Agenda

REPUBLIKA.CO.ID, JAKARTA - Deputy Governor of Bank Indonesia (BI), Halim Alamsyah, assess if it is to experience significant growth in Islamic banking, Islamic banks need to progress the agenda together. According to him, the development of this industry not only be done solely BI as the central bank, but also other stakeholders, such as the National Islamic Council of Indonesia Ulama Council (MUI DSN), other government instruments and the bankers themselves.

''If you want to run, should be together,''he said in an interactive discussion''Making Indonesia Sharia Banking Center''on Monday (22 / 8).  (source)

INDONESIA - BANKING - Kaltim Sharia Banking Market Share Reaches 5 Percent

REPUBLIKA.CO.ID, BONTANG - market share (market shared) Islamic banking in East Kalimantan reached five percent. This figure is greater than the national market share of Islamic banks by 3.4 percent.
According to the Area Manager Muamalat Indonesia (BMI) Kalimantan region, Hasmal Sunadi, East Kalimantan people are more familiar with the concept of Islamic banking. Enthusiasm''very large community,''he told Reuters on Tuesday (28 / 6). (source)