
President Jokowi Hopes Jakarta Can Be Center of International Sharia Economy
President Joko Jokowi Widodo said although Indonesia is currently one of the leading waqf (Islamic endowment)-based sukuk (Islamic bond) issuers in the world, the development of sharia economy in the country is still very low, which is less than 5 percent. Development of sharia economy Malaysia, for example, is already above 30 percent and Indonesia is also still […]