ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Finance

Indonesia looks to Islamic schools to spur Sharia banking

Lack of expertise and assets holding back faith-banking sector

Students study scripture at the Lirboyo Islamic boarding school in the eastern Java town of Kediri in June.   © Getty Images

JAKARTA Donna has been in the Islamic banking industry for only four months, but the thought of going back to work for a conventional bank has already crossed his mind.

"It is supposed to be easy because the people are mostly Muslims, but Islamic banks don't have the loan schemes that conventional banks have, which are more convenient for customers' businesses," he said.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more