Bank Indonesia Promotes Transformation of the Shariah Economy and Finance to Boost Indonesia’s Economic Recovery

Bank Indonesia (BI) continues to encourage the transformation of the Shariah economy and finance (EKSyar) as a new source of economic growth, according to Perry Warjiyo, Governor of BI, who was speaking at the virtual launch of the 2020 Shariah Economic and Financial Report (LEKSI) held during the last week of March 2021.

Why it Matters?

Warjiyo noted that the theme raised in the report ‘Synergize in Building Shariah Economics and Finance’ was essential to boost the momentum of economic recovery in the wake of the COVID-19 pandemic in Indonesia. LEKSI provides an overview of the conditions of EKSyar in Indonesia as well as supports the formulation and evaluation of policies for the transformation of EKSyar, which takes place through the d...