IslamicFinance.de

Indonesia’s sharia banking sector has recorded slow growth as it nears the end of this year’s second quarter, compared to the same period last year, according to a recent report from the Financial Services Authority (OJK). In order to lure more customers, banks have developed their own strategies. Bank BNI Syariah, for instance, has prepared special programs for Ramadan to anticipate the rise in spending that usually accompanies the fasting month. Meanwhile, the OJK disclosed its plan to issue a revised regulation on sharia banks’ minimum capital requirement to assist lenders in the face of a wider scope of risks. The revised regulation will contain two additional indicators to measure the capital sufficiency of each bank.