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Rescuing Bank Muamalat

Monday, October 16, 2017

Indonesia’s first sharia bank is running on deficient capital. Domestic investors are trying to purchase it, including the son of former President Habibie.

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After a long wait, Harry N.P. Danardojo, Minna Padi Investama Sekuritas’s chief of corporate and strategic planner, was finally able to meet with Indonesian Council of Ulama (MUI) Chair Ma’ruf Amin last Monday. Harry claimed his request for the appointment wentas far back as several months ago. "Many people are queueing up to meet him," said Harry last week at his office on the 25th floor of the Equity Tower, Jakarta.

Harry seemed pleased that

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