Islamic Finance

Indonesia seeking Middle East ’strategic partners’ for state-owned Islamic banks - official


Photo: A teller waits for a customer in a branch of Bank Syariah Mandiri in Jakarta February 17, 2010. Picture taken February 17, 2010. REUTERS/Supri

Indonesia’s government is seeking strategic partners from the Middle East for its state-owned Islamic banks to boost the country’s low level of Shariah-compliant banking assets, Gatot Trihargo, deputy for financial and business services at the ministry of state-owned enterprises told Salaam Gateway.

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Banking