Published 2005
by Bank Indonesia in Jakarta, Indonesia .
Written in
| The Physical Object | |
|---|---|
| Pagination | 1 v. (various pagings) ; |
| ID Numbers | |
| Open Library | OL16502354M |
| LC Control Number | 2007445837 |
Islamic Banking and Finance in Indonesia: A Critical Analysis. The book ‘Islamic Banking and Finance in Indonesia: A Critical Analysis’ has four main sections that starts with providing the Indonesian economic landscape, followed by a considerably long account of various issues and concerns on Islamic banking and finance and its management and concludes with the serious issue . regulation concerning Islamic banking was regulated by Act No. 10 of The former Act, not only regulated Islamic banking but also conventional banking. With the former Act it was difficult for the Islamic banking industry to achieve significant growth. Because of Cited by: 5. C a m m a c k, The Indonesian Islamic Judicia ry, in I SLAMIC L AW IN C ONTEMPORARY I NDONESIA: I DEAS AND I NSTITUTIONS , (R. . Banking regulation and supervision is an important factor for economic development, efficiency, and stability. Banking regulations enclose all mechanisms to conduct and structure banking activities, this includes the requirements regarding different processes such as entry into banking, internal/external auditing, liquidity and diversification, provisioning, etc.;.
Malaysia started 9 years before, One must recognize Indonesian Islamic banking asset growth is higher than Malaysia for the last five years (). Although Indonesia is considered to be late-comers, compare to Malaysia, therefore, their respective Islamic banking regulations . Bank Indonesia (BI) and Financial Service Authority (OJK) on this day, 31 December are signing a record of transfer (BAST-Berita Acara Serah Terima) on the function of Banks supervision and regulation from Bank Indonesia to OJK which will be signed directly by the Governor of Bank Indonesia, Agus D.W. Martowardojo and the Chairman of Board. Regulation of Islamic Banks 23 Islamic Banking Supervision in Some Member Countries: Salient Features 25 Capital Adequacy: Implications of the Emerging Risk-Weighting Systems for Islamic Banks 32 Definition of Bank Capital 33 Emerging Risk-Weighting Systems 34 Alternatives Available for Islamic Banks 1 Introduction of Islamic Banking 1 2 Islamic Banking Branch Network as on 3 3 Islamic Banking Products & Services 4 Products Offered by Full-fledge Islamic Banks Products offered by Islamic Banking Branches of Conventional Banks 4 Important terms on Islamic Banking .
Accordingly the design of the rules is unlikely to harm the Indonesian Islamic banking sector or to inhibit its growth. While there will be a standard 40% limit on foreign ownership, with the advance permission of Bank Indonesia appropriately qualified foreign banks will still be able to set up or purchase subsidiary banks in Indonesia which. Islamic banking regulations, Bank Indonesia has set up Islamic banking committee on November 20th, (Bank Indonesia, ). The members are composed of Bank Indonesia’s staff, Islamic scholars from Ministry of Religion and Islamic banking and finance experts. Bank Indonesia (BI). Regulation No. 9/1/PBI/ The Rating System For Commercial Banks Based on Sharia Principles. Jakarta, Indonesia. and Ph.D. in Financial Economics from the International Islamic University Malaysia (IIUM) in and , respectively. He is the Head of Islamic Economics Department, Faculty of Economics, Syiah. With the enactment of Law No. 21 of concerning Islamic Banking which was issued on J , the development of the national Islamic banking industry increasingly has a legal basis. An adequate Islamic financial regulation will significantly boost the economic growth of .
