Jakarta (26/8) the new regulation of Kredit Usaha Rakyat (KUR)/micro financing for the amount of IDR 20 million without collateral is not unanimously agreed by Islamic bankers. Bank Syariah Mandiri (BSM) refused to facilitate financing without collateral, as explained by Andri Vendredi Subardi, head of micro-financing program of BSM, he said that the bank will be at high risk to distribute financing without collateral.
