Indonesia Targets Persian Gulf to Boost Assets: Islamic Finance
In order to increase the Shariah-compliant banking assets by 35 percent this year, Indonesia's Foreign Ministry and central bank are seeking investment from the Persian Gulf.
Mulya Siregar, the Jakarta-based director of Islamic services at Bank Indonesia, announced that it is possible that the delegation is going to meet officials in the Middle East as soon as this month, with Saudi Arabia and Kuwait the most likely destinations.
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