Tangerang, (1/12)- to cater the need of Islamic finance development in Indonesia, there is a need accelerate the market share, which perceived to be a positive influence for further development of Islamic banking in Indonesia.
As according to the chairman of Asosiasi Bank Syariah Indonesia (ASBISINDO), A Riawan Amin there should be 2 things that need to be observed for the acceleration Islamic banks in Indonesia. First of all, Islamic full fledge banks or Islamic banking units of conventional bank should utilize the infrastructure of its parent companies.
"There is no need to spend more funds in their working capital to set up new branches and ATM and other requirements. That would be expensive, our share is still small, if Islamic banks is still utilize their working capital for all infrastructure investment, as the result their products will be costly and the demand is less, explained Riawan during the seminar of Asosiasi Bank Syariah Indonesia (ASBISINDO) in Tangerang, last Thursday(1/12).Second of all, Bank Indonesia (BI) should be able to implement the dual banking system in which any bank could produce, promote and sale its shariah products. "Therefore all banks should have the products and services of Islamic banking products.
It is expected that Bank Indonesia as the central bank should be more sensitive to foreseen the need of Islamic banking system whereas the market share is now is very small and need to be boost up to further improvement.(Ul)
