OJK Projects NPFs Sharia Banking is Better

By : Herry Barus And Aldo Bella Putra | Saturday, December 16 2017 - 20:00 IWST

Ilustrasi Syariah (Foto:Suaranews)
Ilustrasi Syariah (Foto:Suaranews)

INDUSTRY.co.id - Jakarta - The Financial Services Authority (OJK) projects the sharia banking non-performing financing (NPF) ratio to be better or decline in 2018.

"I think next year should be better because there is a financing growth of 10 percent to 14 percent," said Head of Department of Islamic Banking OJK, Ahmad Soekro Tratmono to media crew in Jakarta, Friday (15/12/2017)

He also said that sharia banking has started to improve in 2017, so it will support sharia financing in 2018, coupled with projected economic growth targeted above five percent.

Soekro admitted that Islamic banking NPF is higher than conventional banking. OJK noted that the NPF "gross" of sharia banks per October 2017 reached 4.12 percent while conventional banks 2.96 percent in the same period.

Since quarter IV-2016 until October 2017, the NPF "gross" of sharia banking tends to improve or decline, but it is always above the conventional banking ratio.

Therefore, Soekro appealed to sharia banks to be more careful and selective in financing.

"We are directing to small and medium enterprises because the base is large and suitable for sharia banking financing," he said.

Based on the total data of sharia financial assets in Indonesia, OJK recorded the amount of sharia financing per October 2017 reached Rp35, 63 trillion.

News Comment

Today's Industry

Mechatronic Calotte Loader mWL.cs

Sabtu, 23 Januari 2021 - 17:50 WIB

Mechatronic Systemtechnik Unveils Proprietary Calotte Loader mWL.cs

A fully automated stand-alone system for transferring wafers between cassettes and calottes, the mWL.cs provides integrated device manufacturers (IDMs) an opportunity to increase yield and improve…

Synopsys Software

Rabu, 13 Januari 2021 - 18:40 WIB

Synopsys Recognised as a Leader in Static Application Security Testing by Independent Research Firm

Synopsys receives highest score among 12 SAST providers in current offering category.

Electro-Balancer (E-Balancer)

Rabu, 13 Januari 2021 - 16:00 WIB

ZASCHE Handling Rolls Out New Range of Electric Balancers

the E-Balancer is a versatile tool suited for a broad range of heavy-duty industrial applications.

Taylor Armerding, Software Security Expert at Synopsys Software Integrity Group (Photo by Linkedin)

Rabu, 13 Januari 2021 - 15:40 WIB

What is the Cost of Poor Software Quality in the U.S.?

And if you doubt its credibility, or that it applies to software, check out the latest report from the Consortium for Information & Software Quality (CISQ), in partnership with Synopsys, “The…

Nivedita Murthy - Senior Security Consultant, at Synopsys Software Integrity Group

Jumat, 08 Januari 2021 - 17:35 WIB

DevSecOps: The good, the bad, and the ugly

DevSecOps is the practice of integrating security into every stage of the DevOps pipeline.