Weekly Business
Tuesday, May 12, 2009
BANKING
Trouble for Syariah Financing
SYARIAH banks seem unable to evade the snare of crisis. The ratio of problematic financing of the banks during the first quarter of 2009 reached 5.14 percent, exceeding the 5 percent threshold determined by Bank Indonesia. The figure is also higher than last year’s for the same period of 4.17 percent. Of the Rp39.3 trillion financing during the first quarter of 2009, Rp2 trillion is problematic. Syariah-bas
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