Analysis: Indonesia: Islamic finance looks to build

The Islamic financial sector in Indonesia relies on a combination from infrastructure projects and regulatory reforms to convince the sharia-compliant lenders to go on with the rapid expansion.
One of the reform sugested by Bank Indonesia is is to cut taxes payable by banks and clients on income from Islamic finance accounts. Bank Indonesia is also trying to bring together a committee of experts in order to generate an approval process for new products that is efficient.

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