Bank
Jakarta, (11/03). As the product of bancassurance is now considered to be the best interest of Indonesian people, especially bancassurance which is shariah based product, it has motivated Bank Syariah Mandiri to offer such products by collaborating with PT AXA Mandiri to sell Mandiri Rencana Sejahtera Syariah (MRSS). BSM and PT AXA Mandiri have signed the collaborative agreement to sell the Bancassurance on 10/03/2010.
Bank
Why Islamic Finance’s Profit Margin is Higher than its Counter-Part?
Jakarta (22/2) The profit margin in islamic financing is higher than interest rate of credit from conventional banks or leasing companies, including the margin from the bank for rural area (BPRS) and micro-financing institutions (BMT). The reason for that is because the cost of funds of Islamic bank is higher than the conventional, as explained by Syahril T Alam the head of bank for rural areas division of Asbisindo.
Toward 100 years of its anniversary, Muhammadyah conduct shariah talkshow
Jakarta (18/02). Muhammadyah will conduct a shariah Talkshow, right before its 100th anniversary, in collaboration with pusat komunikasi ekonomi syariah and Bukopin Syariah, today at 14.00, at Depok Town Square, Jl. Margonda Raya Depok.
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Toward 100 years of its Anniversary, Muhammadyah Conduct Shariah Talkshow
Jakarta (18/02). Muhammadyah will conduct a shariah Talkshow, right before its 100th anniversary, in collaboration with pusat komunikasi ekonomi syariah and Bukopin Syariah, today at 14.00, at Depok Town Square, Jl. Margonda Raya Depok.
More Shariah human capital is needed to achieve Islamic Bank asset to reach IDR 97 Trillion
Jakarta, (15/02). Lack of shariah human capital will be a hindrance for the development of Islamic banking system, as explained by deputy governor of Bank Indonesia Muliaman D Hadad at every occasion of shariah seminar. In the meantime, Bank Indonesia has set target that in 2010 the total asset of Islamic bank will reach IDR 97 trillion, for that reasons, it is necessary to have qualified shariah personnel’s.
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