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Indonesia keen to harness untapped sharia economic potential

Indonesia keen to harness untapped sharia economic potential
23rd February 2021
Screenshot - Bank Syariah Indonesia (BSI) President Director Hery Gunardi while addressing the opening of Indonesia Stock Exchange (BEII) trade and introducing PT Bank Syariah Indonesia Tbk in Jakarta on February 4, 2021. ANTARA/Citro Atmoko/am.
Indonesia, with the world s largest Muslim population, constituting almost 90 percent of its 271 million people, has yet to unlock the vast, untapped potential of the sharia economy.
It is grim reality that Indonesia continues to trail behind other countries, both Muslim majority and non-Muslim majority nations, in terms of sharia economic development.
Malaysia led the Global Islamic Economy Indicator in 2019, with a score of 111 points, while Indonesia ranked fifth, with 49 points. ....

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Expanding utilization of waqf assets

Expanding utilization of waqf assets
28th January 2021
An Islamic boarding school administrator feeds fish as part of an agribusiness undertaking on the Idrisiyyah Islamic Boarding School’s agricultural land, Tasikmalaya district, West Java, July 30, 2020. (ANTARA FOTO/Adeng Bustomi/agr/nz)
Historically, the waqf has served an important role in economic empowerment of the Islamic community.
This can be seen in some countries that have developed waqf productively. For example, Egypt, where waqf has been generating opportunities for the Egyptian people in particular, and people from all over the world in general, to gain knowledge in the country.
Egypt, where the al-Azhar University was founded around a thousand years ago, has aroused Moslem consciousness to explore science. ....

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Low public literacy poses challenge to Islamic economic development

Finance Minister Sri Mulyani Indrawati drew attention to low public literacy on sharia economics and finance as being one of the challenges in the development . ....

Jakarta Raya , Sri Mulyani Indrawati , Mulyani Indrawati , National Movement For Cash Waqf , National Sharia Financial Economy Committee , Minister Sri Mulyani Indrawati , Sharia Economic Brand , National Movement , Cash Waqf , ஜகார்த்தா ராய , தேசிய இயக்கம் க்கு பணம் வக்ஃப் , தேசிய ஷரியா நிதி பொருளாதாரம் குழு , ஷரியா பொருளாதார பிராண்ட் , தேசிய இயக்கம் , பணம் வக்ஃப் ,