INDONESIA - FINANCE - BMT INDUSTRIES apex institutions need

www.bisnis.com - JAKARTA: Perpetrators of sharia-based microfinance institution of Baitul Maal wa Tamwil asked the government to set up as an apex institution regulatory agencies and inspectors.
Chairman of the Association of Baitul Maal wa Tamwil Indonesia (ABSINDO) Aries Muftie said with the apex, Baitul Maal wa Tamwil (BMT) are scattered in the area could operate better.
"With the apex, more scalable performance and BMT may be more developed. Absence of functioning as an apex institution to make our activities, such as financing and distribution of the velocity of money that we manage, unrecorded and unsupervised," he said on Thursday (5/7) .  (source)

INDONESIA - BANKING - BMT did not Afraid to Compete with Bank Syariah

WWW.REPUBLIKA.CO.ID, JAKARTA - Baitul Maal Wat Tamwil (BMT) is not afraid to compete with Islamic banks in providing micro-loans in the sector. Because Islamic banks have a different level with BMT in lending.
"Level microstructure is different," said Chairman of BMT Association of Indonesia (Absindo), Aries Muftie, told Reuters, after a speaker in the Development Dialogue Islamic Economic Excellence sebagau Indonesia Economic Competitiveness in Global Civilization, Thursday (28/6).  (source)