Economy, Islamic Finance A New Source of Growth
By : Wiyanto Dan Aldo Bella Putra | Tuesday, September 18 2018 - 15:30 IWST

Dody Budi Waluyo Deputi Gubernur BI (Foto Dok Industry.co.id)
INDUSTRY.co.id - Jakarta - Development of the Islamic financial economy is needed to strengthen the economic structure and financial markets in supporting sustainable economic growth. This is based on the promising potential of sharia economic and financial development.
Dody Budi Waluyo, Deputy Governor of Bank Indonesia, said that the issues related to the potential for sharia economic development were raised in international seminars.
"Global economic and financial turmoil is one of the challenges in achieving inclusive and sustainable economic growth," he said in Jakarta, Tuesday (09/18/2018).
According to him, global imbalances are widening. The gap in terms of mastering the factors of production, education and income can hinder the realization of an economy that grows evenly, fairly, proportionally and sustainably. Sharia economic and financial development is expected to be one of the efforts to strengthen the current and future global economic and financial market structures.
"Islamic economy and finance have great potential as a source of new economic growth and to improve the current account deficit," he said.
Read Also
SKB Food Collaboration with Bank Mandiri Facilitates Access to MSME…
Sri Mulyani: 2023 Budget Must Stay Flexible in Facing Global Economic…
Robocash Group reached 2 BN USD of disbursement and issued audited…
FSB Indonesia launches Fundo, Asia’s First and Indonesia’s Only…
TMRW by UOB launches TMRW Pay, An E-commerce loan To Help Consumers…
Today's Industry

Jumat, 02 Juni 2023 - 17:40 WIB
Huawei ICT Competition 2022-2023 Global Final Held in Shenzhen — 146 Teams from 36 Countries and Regions Win Awards
The Huawei ICT Competition 2022-2023 Global Final concluded in Shenzhen, drawing to a close the seventh installment of this competition.

Jumat, 02 Juni 2023 - 15:50 WIB
CleverTap launches local deployment of its SaaS platform in Indonesia
CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within Indonesia through data centers hosted on Amazon Web Services (AWS),…

Jumat, 02 Juni 2023 - 15:10 WIB
Inaugurated by the President, the Kretek 2 Bridge Strengthens the Java Southern Route
RI President Joko Widodo (Jokowi) inaugurated the Kretek 2 Bridge, Friday (02/06/2023) morning, in Bantul Regency, DI Yogyakarta. This bridge will support the Southern Cross Road (JJLS) which…

Jumat, 02 Juni 2023 - 14:00 WIB
President Jokowi: Pancasila is the Foundation of Indonesia's Success in Facing Global Challenges
In the midst of the global crisis, Indonesia is one of the few countries that has succeeded in maintaining economic, social and political stability as well as controlling inflation, growing…

Jumat, 02 Juni 2023 - 13:30 WIB
President Encourages Acceleration of Electric Battery Ecosystem Development
Indonesian President Joko Widodo (Jokowi) encourages the acceleration of investment realization for the development of the electric car battery ecosystem which will be carried out in the Bantaeng…
News Comment