OPINION - Bank Indonesia should educate Islamic Banking officer and investor or indonesia citizen about muamalah or syariah properly

Written by Gerry Octaviano, S.Soc, MBA

Blog : Gerry Octaviano

As long Islamic Banking still using fiat money, we can not say Islamic Banking is Islamic since fiat money or money creation or in the bank we know the term multiple deposit creation that is the root of the evil.

However, in legal maxim we know that we should choose lesser evil or in the other word rather than we go to conventional banks, we should go to Islamic Banks.