null Sharia Finance is on the Rise in Indonesia
Sharia Finance is on the Rise in Indonesia
31 Mar 2023 | Friday Source: Jakarta Globe
Jakarta. Islamic finance is on the rise in Indonesia, but the country must not miss this chance to pave the way for its dream of becoming the world’s largest center for the sharia economy.
The Indonesian Financial Services Authority (OJK) reported that sharia finance assets had climbed to Rp 2,375 trillion as of Dec. 2022, up by 15.87 percent from the previous year. Islamic finance accounts for 10.69 percent of the market share of the financial assets in Indonesia.