INDONESIA - BANKING - Product development biggest challenge

www.bisnis.com - MAKASSAR-limited products of Islamic banks today become one of the challenges in efforts to develop Islamic banking industry in capturing the opportunities that exist.
 Chairman of the Association of Islamic Economist (IAEI) Bambang PS Brodjonegoro said the lack of Islamic banking products is one of three factors challenge the growth of Islamic finance is not significant.
 According to him, two other external factor is the absence of Islamic or Shariah compliance standards compliance standard that allows the distinction of compliance, tailored to the relevant bank or central banks concerned. Another factor is a matter of international Islamic institutional infrastructure that is still not united in substance.
 "Islamic products is relatively limited, so that consumers are still thinkers-thinkers to switch to the Shariah, it is also faced by the countries of the Islamic financial development," he said as a keynote speaker in the Islamic Banking Research Forum-5 that was held at the Muslim University of Indonesia ( UMI) Makassar today, Tuesday (26/06/2012).  (source)

INDONESIA - BANKING - This is the important role of Shariah scholars to Increase Economic

WWW.REPUBLIKA.CO.ID, JAKARTA - scholars have an important role to disseminate Islamic industry in Indonesia. Through socialization scholars hoped that the new industry for the rest of this corn can increase rapidly.
Unfortunately, very few scholars who understand very well about Islamic industry. This resulted in difficult clerical and tell people the importance of industry-related. "The role of scholars in the socialization of Islamic insurance is huge," said Chairman of the Economic Association of Indonesia I (IAEI), Agustianto, Friday (11/5).
It can not be ignored. Cleric is one of the spearheads the development of Islamic insurance in Indonesia. As stated in the hadith the Prophet, said Agus, that there are two important groups in society that if the group is good, then people would be good also. They are the government and clergy.  (source)

INDONESIA - EVENTS - The Implementation of Islamic Banking Research Forum - June 26-27, 2012 Makassar

umi.ac.id - Islamic Banking Research Forum with the theme ‘Improving the Competitiveness of Islamic Banking in order to support Indonesia’s Economic Development and Financial Stability (Meningkatkan Daya Saing Perbankan Syariah Guna Mendukung Stabilitas Keuangan Dan Pembangunan Ekonomi Indonesia ) ‘ will take place from Tuesday to Wednesday dated on June 26-27^th , 2012 (6-7 Shaban 1433 H) in Faculty of Economics, Muslim University of Indonesia (UMI), Makassar, Indonesia (12/3). (source)

INDONESIA - REGULATONS - Starting BI Monitor Calculation and Return on Investment Risk

REPUBLIKA.CO.ID, JAKARTA - Bank Indonesia (BI) began to oversee the calculation of two additional risk management in Islamic banks, namely the risk of investment (equity of investment risk) and risk of the yield (rate of return risk). Although not yet taken into account in risk assessment (risk profile), Islamic banks are required to calculate how much capital to the management of these risks.  (source)

INDONESIA - ECONOMY - IAEI toward developing the Indonesian model of Islamic Finance

pkesinteraktif.com - Jakarta (24/10)- Ikatan Ahli Ekonomi Islam (IAEI) has a commitment to develop Indonesian Model of  Islamic Finance, as explained by the chairman of IAEI, Bambang Permadi Soemantri Brodjonegoro during the inauguration IAEI organizing committee last Friday, (21/10).(source)

INDONESIA - ECONOMY - The Islamic economic life of the state

pkesinteraktif.com - Jakarta (23/10) - Today Islamic economic system has entered almost every financial aspect in this country. Ranging from banking, insurance, multi, pawn shops, until the capital markets has had sharia units.

Deputy Governor of Bank Indonesia, Muliaman D Hadad said the Islamic financial services is no longer in question but already in the stage of the application and development stages. Thus Islamic economics has become a part of economic life and state.  (source)

INDONESIA - CAPITAL MARKETS - BSM Lyrics Commodity Sharia

pkesinteraktif.com - Jakarta (23/10) - release of commodity exchange sharia by the Jakarta Futures Exchange (BBJ) is intended for Islamic banks to manage liquidity. One Islamic bank that started to "look" is the instrument of Bank Syariah Mandiri (BSM).

"We do not rule out the BI related it (commodity sharia), so still we wait. If it's out, we see a situation, if needed we will definitely use fasitas it," said Fauzi Yuslam, Managing Director of BSM on the sidelines inauguration of the Association of Central Board of Islamic Economics (IAEI) in Jakarta, Friday (22/10). (source)

INDONESIA - BANKING - Not to Believe Society of Islamic Banking

REPUBLIKA.CO.ID, JAKARTA --- The Islamic banking, should improve the company's internal to enhance competitiveness. With a market share is still small, Islamic banking can not just rely on the system to attract public confidence.

"Islamic banking is now having to compete with conventional banking, can not kedepankan sharia itself. He must kedepankan competitiveness of the sector, "said Chairman of the Indonesian Association of Islamic Economics (IAEI), Bambang Permadi Soemantri Brodjonegoro, yesterday. (source)

INDONESIA - BANKING - Finance Minister: Government Fully Supports Islamic Economic

REPUBLIKA.CO.ID, JAKARTA-The Minister of Finance Agus Martowardojo asserted, the government gave full support to the development of Islamic banking in Indonesia. In addition to regulatory support, the government has used many instruments in financing-financing Islamic state.
''The government continues to support a wide range of regulations,''said Agus on the sidelines of the inauguration committee the Association of Islamic Economics (IAEI) from 2011 to 2013 in the Ministry Keuangam, Friday (21/10). He pointed out, Islamic economics has been included in the revised Law on Taxation. (source)

INDONESIA - ECONOMY - Government Asked to Develop Serious Economic Sharia

Jakarta (19/10) Today the government Susilo Bambang Yudhoyono (SBY) announced the results of the United Indonesia Cabinet reshuffle (II), some new names occupy a strategic position, as originally Nazarrudin Umar became the Ministry of Islamic Guidance Religion Religion is now a deputy minister. (source)

INDONESIA - EVENTS - Ketum IAEI: Product Innovation A Necessity

Jakarta, (12/10). Economic development prospects of sharia in Indonesia is very advanced by leaps and bounds ahead, this will encourage players to invest venture capital investors in Islamic finance. However, Chairman of the Indonesian Association of Islamic Economics (IAEI), Bambang S Brodjonegoro hope that the Islamic financial institutions to innovate products that suit your needs.  (source)

INDONESIA - EDUCATION - AEI ready to expand course Islamic Economics

Jakarta (4 / 9) - as a first step after forming the daily stewardship, the Association of Islamic Economics (IAEI) will concentrate on broadening the base of Islamic economics courses at various universities.

"Our first focus is to broaden the base of Islamic economics courses, particularly for economics faculty who do not have the course," said Chairman of IAEI, Bambang Permadi Soemantri Brodjonegoro when found pkesinteraktif.com some time ago. (source)

INDONESIA - CALL FOR PAPERS - Reminder deadline Forum Riset Medan

INDONESIA - BANKING - Assets Islamic Banks reach Rp. 109.75 trillion in June 2011

Jakarta (2 / 8) - Growth of Islamic banking in this country shows a good improvement. Proved the final position of total Islamic banking assets by June 2011 reached Rp 109.75 trillion, with a market share above 3.3 percent. The data disclosed Deputy Governor of Bank Indonesia, Halim Alamsyah when Congress Association of Islamic Economics (IAEI) to 2 in Jakarta, Saturday (30 / 7). (source)

INDONESIA - EVENTS - IAEI Suggests Five Important Things Promote Islamic Economics

REPUBLIKA.CO.ID, JAKARTA - The Association of Islamic Economics (IAEI) advise the five important things to advance the Islamic economy country. This was stated in the IAEI Conference that was held last weekend.
One member of IAEI, Agustianto Mingka, said first point related to the development of human resources in Islamic finance. "During this time HR really understand about Islamic finance is still lacking," he told Reuters. (source)

INDONESIA - GENERAL - Permadi Bambang Soemantri Brodjonegoro: IAEI New Helmsman

Jakarta (eighth) - The name of Bambang Permadi Soemantri Brodjonegoro, finally elected as chairman of the Association of Islamic Economics is new. He was selected as IAEI into two conferences held at the Hotel Bidakara, Saturday (13 / 7).
Now under his hand IAEI ready to perform its functions optimally as an organization of intellectuals of this country of Islamic Economics. IAEI will be the main home for the development of Islamic economics, the present and future. (source)

INDONESIA - EVENTS - IAEI Congress on human resources

Jakarta (30 / 7) - In continuing its active role to develop Islamic economics in the country, the Association of Islamic Economics to carry out Mukatamar two that held today. In Congress this time, IAEI try to focus on the role of universities in the delivery of Human Resources (HR) who are competent and professional in the field of Islamic economics. The event will also be followed by the election chairman of IAEI subsequent periods.
The event was also attended by deputy Minister of Education, Fasli Jalal, Deputy Governor of Bank Indonesia, Halim Alamsyah, chairman of the National Syariah Board, KH Ma'arur Amin, and the academics and practitioners of Islamic economics. (source)

INDONESIA - BANKING - Islamic banking operations need evaluation

Jakarta (22 / 7). The rapid advance of sharia banking in Indonesia was still offset by ketidakpahamann public about Islamic banking. They still think that the concept of Islamic banking similar to conventional banking, which put forward the "flower". Therefore, Deputy Minister for Human Resources (HR) of the Ministry of Cooperatives and SMEs, Agus Muharram request to an evaluation of the operational implementation of sharia banking in Indonesia.

Evaluation of Islamic banking operations, said Deputy Human Resources is very important, this is to counteract the issues that weakened the Islamic banking in Indonesia. If it is not done, he believes that Islamic banking is very difficult to increase its market sharenya.  (source)

INDONESIA - EVENTS - IAEI Will Hold a Conference in Jakarta (July 30, 2011)

Jakarta (17 / 7). Although it's too late, finally the organization of Islamic finance experts who are members of the Association of Indonesian Islamic Economics (IAEI) will host the 2nd Conference in Jakarta on July 30, 2011.

Secretary General of the IAEI, IAEI Agustianto said that the conference aims to choose a new chairman and board in the period 2011 to 2015. With the new management, the Agustianto hope that the organization can freely IAEI in developing Islamic financial services. (source)

INDONESIA - EVENTS - MES Intensive Islamic Banking Research Forum FRPS

REPUBLIKA.CO.ID, JAKARTA - Sharia Economy Society (MES) has intensified Islamic Banking held a Research Forum (FRPS). Once in Palembang and Yogyakarta 2010, the MES in cooperation with Bank Indonesia (BI), the Association of Islamic Economics (IAEI) and Forum Gathering and Islamic Economic Studies (FOSSEI), will be held FRPS IAIN 2011 in North Sumatra and Padjadjaran University. (source)