The Right Way for Muamalat
Tuesday, 30 July 2019
THE government should not interfere with the authority of the Financial Services Agency (OJK) in order to save Bank Muamalat. The bank’s future cannot be determined by affirmative policies because this will lead to an unhealthy banking industry. The moral risk of saving a financial company for political motives could lead to more serious problems in the future.
For the third time in the last two years, Bank Muamalat has failed to incr...
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