INDONESIA - BANKING - 'Foreign Investors Do Until disadvantaged Sector Local Sharia'

WWW.REPUBLIKA.CO.ID, JAKARTA - The development of Islamic banking in Indonesia will increase. In the twenty years of Islamic banking in Indonesia will continue to grow. Later it is not likely to exceed the growth of conventional banking.

But Chairman Indonesia Sharia Bank Association (Asbisindo), Yuslam Fauzi, said regulators should create fair rules for the entry of foreign investors to Indonesia. "The entry of foreign investors is not to shift the local businessmen," he said after a keynote speaker at the event Indonesia Islamic Finance News Forum 2012 at the Hotel Mulia, Senayan, Jakarta, Monday (16/4).  (source)