Three Key Roles to be Played by Indonesia’s Islamic Banks in the Future: Vice President Amin

Ma'ruf Amin, Vice President of Indonesia, speaking at an International Conference on Islamic Economics on the 9th of November 2021 said that Islamic banks have three main roles to play in the future in order to be a part of the country’s economic and Islamic financial development.

Why it Matters?

Amin noted that the first role is for Islamic banks to provide capital for Halal product industries. Furnishing capital access to micro, small and medium enterprises (MSMEs) and large entities is the second role mentioned by Amin. The third role noted was what Islamic banks in Indonesia should play in enabling large scale transactions at the global level.

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