Launch Partners

Launch Partners

Central bank emphasizes sustainable Islamic funding

INDONESIA: The development of global Islamic financial instruments also adopts the need for sustainable investment financing, said Bank Indonesia Governor Perry Warjiyo. “The future Shariah investment trend is expected to lead to the development of digital platforms that offer services ranging from digital banking to crowdfunding, making Islamic finance more user-friendly, competitive, and easily accessible.” Perry said the financial deepening strategy in the strong Islamic money market will also support the industry’s ability to withstand unexpected liquidity shocks. Urging greater innovation, including green Sukuk issuance, Perry outlined a five-point strategy to deepen and grow Islamic financial markets.

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