Photo: Bank Riau Kepri is scheduled to become Shariah-compliant. Arief Budi Kusuma/Shutterstock

Islamic Finance

Indonesia to make more regional development banks, pension funds Shariah-compliant as it eyes bigger Islamic economy


JAKARTA – Indonesia is in a hurry to increase Islamic financial assets and, under orders from vice president Ma’ruf Amin, the National Committee for Islamic Economy and Finance (KNEKS) will take a progressive approach.

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