This Year Growth of Sharia Banks Improves

INDUSTRY.co.id - Jakarta, Not only conventional banks, Islamic banks are also expected to experience positive growth in 2018 this year.

As conveyed by President Director Karim Consilting Indonesia (KCI) Adiwarman Karim in the exposure of Sharia Banking Projection 2018.

After experiencing difficult period 2015-2017 period, 2018 will be the starting point for sharia banking to grow better.

The positive growth according to Adiwarman also hopes from the encouragement of the National Committee for Islamic Finance (KNKS), among others, initiation of the establishment of a large Sharia-Islamic state bank, zakat integration, halal lifestyle development that impacts on sharia banking.

And the development of the role of waqf through sharia micro finance institution (LKMS) 'Wakaf Bank'.

As for the ratio of non-performing financing (NPF) of sharia banking was predicted to improve.

The Financial Services Authority (OJK) is projected to decline in 2018 on the grounds that sharia banking is beginning to improve in 2017.

Although the previous period improved, but NPF sharia banks recorded higher than conventional banks.

OJK noted that gross NPF of sharia banks per October 2017 reached 4.12% while conventional banking was 2.96% in the same period.

On the other hand, Secretary General of the Association of Indonesian Sharia Banking (Asbisindo) Achmad K Permana sees 2018 not a good year for sharia banks to grow aggressively.

Assuming the government's economic growth is still in the range of five percent and coupled with the year 2018 which is already ahead of the political year.

According to Achmad has not been right for sharia banks to move aggressively though not also restraint.

Still according to Achmad, if the growth of Islamic banking in 2018 can be equal to 2017 is already good.