Indonesia Investments has updated the company profile of Bank Rakyat Indonesia (BRI), one of the leading commercial banks in Indonesia and the country's second largest lender by assets. The bank's business focus mainly lies on banking services in micro, small, and medium enterprises (MSME’s). BRI was a state-owned company until 2003 when it listed 30 percent of its shares on the Indonesia Stock Exchange (IDX). It is currently one of the largest Indonesian companies in terms of market capitalization.

Lanjut baca ›

Motorcycle sales in Indonesia rose 20 percent (year-on-year) to 661,282 units in June 2013. The head of the commercial department of the Indonesian Motorcycle Industry Association (AISI), Sigit Kumala, said that sales peak in June and July because of the Lebaran tradition that follows the holy fasting month (which starts tomorrow). After this fasting month, many Indonesians go back to their places of birth for a couple of days. Motorcycles are one of the modes of transportation used for this short holiday.

Lanjut baca ›

Indonesia is known for being home to the world’s largest Muslim population. More than 230 million Indonesians – which is about 88 percent of Indonesia’s total population – are categorized as Muslim. In fact, nearly 13 percent of all Muslims in the world, today, live in Indonesia. These are very impressive numbers and surely impact heavily on Indonesian society, the economy, and politics.

Lanjut baca ›

Indonesia's Financial Services Authority (OJK), the government agency that regulates and supervises the nation's financial services sector, is preparing a new regulation that requires conventional financial institutions in Indonesia to spin off their Islamic financial units before 17 October 2024. Islamic finance or Islamic banking is a type of banking that is in accordance to the principles of sharia (Islamic law). Based on the regulation, those financial institutions that generate at least 50 percent of their capital through Islamic finance have to comply with the new rule.

Lanjut baca ›

Pihak-pihak berwenang keuangan Indonesia sedang mempertimbangkan untuk mempermudah kepemilikan asing di bank syariah lokal serta mempromosikan instrumen-instrumen finansial (taat syariah) baru dalam rangka menciptakan industri keuangan syariah yang lebih menarik untuk investor asing dan masyarakat Indonesia. Meskipun memiliki populasi Muslim terbesar di dunia dan merupakan negara dengan ekonomi berkembang yang dinamis, Indonesia hanya memainkan peran kecil dalam industri perbankan syariah global. Sementara itu, secara domestik, perbankan syariah masih jauh di belakang perbankan konvensional.

Lanjut baca ›

Perbankan syariah atau jasa keuagan syariah adalah potensi besar yang belum banyak dimanfaatkan di Indonesia, negara tempat tinggal 13% dari total populasi umat Muslim dunia. Mengingat hampir 90% dari 250 juta orang di Indonesia memeluk agama Islam, pangsa pasar jasa keuangan syariah masih sangat rendah sekarang. Dengan asetnya sebesar 24 miliar dollar Amerika Serikat (AS), bank-bank syariah di Indonesia hanya memiliki 4,9% dari jumlah total aset perbankan di 2013. Hal ini membuat Otoritas Jasa Keuangan (OJK) berencana meluncurkan roadmap lima tahun untuk mendongkrak perbankan syariah.

Lanjut baca ›