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

Rabu, 29 November 2023 - 20:06 WIB
President Jokowi Joins Tree Planting Activity in Pulogadung Industrial Area
President Joko “Jokowi” Widodo Wednesday (11/29) participated in the Joint Tree Planting Movement at the PT Jakarta Industrial Estate Pulogadung (JIEP) Forest in the Pulogadung Industrial…

Rabu, 29 November 2023 - 20:02 WIB
President Joko 'Jokowi' Widodo has called on people across the country to promote tree-planting movement as part of efforts to tackle climate change and global warming.
President Joko “Jokowi” Widodo has called on people across the country to promote tree-planting movement as part of efforts to tackle climate change and global warming. “This tree-planting…

Rabu, 29 November 2023 - 19:56 WIB
Intellectual Property Drives Technological Innovation to Address Climate Change
The Ministry of Foreign Affairs of the Republic of Indonesia and the Permanent Representation of Indonesia (PTRI) to the United Nations, World Trade Organization, and Other International Organizations…

Rabu, 29 November 2023 - 19:50 WIB
The Indonesian Team Outstanding Achievement at the Mining Emergency Response Competition (MERC)
In the Mining Emergency Response Competition (MERC) held at Langley Park, Perth (24-26/11), the INA Garuda Mine Rescue Team achieved remarkable success for Indonesia. The INA Garuda Mine Rescue…

Rabu, 29 November 2023 - 19:45 WIB
Minister of Trade and Deputy Minister of Foreign Affairs Meets Discussed the Progress of the IEU-CEPA Negotiations
Minister of Trade, Zulkifli Hasan received a visit from the Deputy Minister of Foreign Affairs, Pahala Mansury at the Ministry of Trade Office, Jakarta, Wednesday (29 Nov). The meeting discussed…
News Comment