BI sharia projected market next year from 5.25 to 6.25 percent

BI sharia projected market next year from 5.25 to 6.25 percent


Bank Indonesia projects the market share of Islamic banking will reach 5.25 to 6.25 percent by the end of 2014 with three growth scenarios .

" We expect the Islamic banking market from 5.25 to 6.25 percent by the three growth scenarios , a pessimistic scenario , moderate , and optimistic , " said Executive Director Islamic Banking Department of Bank Edy Setiadi during a press conference in Jakarta , Monday.

Edy explained , for the pessimistic scenario , in particular the influence of external economic pressures the trade deficit and the exchange rate is still hampering the performance of the real sector .

For these scenarios , he added , the total estimated Islamic banking assets amounted to Rp255 , 2 billion , and total deposits Rp209 , 66 trillion and total financing Rp216 , 72 trillion .

" While the moderate scenario , other funding sources such as haj funds , private placement , and others can be exploited by Islamic banking , in addition to the brand ( Movement of Islamic Economics ) is also effective for improving the source and use of funds , " said Edy

With the moderate scenario , the total assets estimated at Rp283 , 57 trillion and total deposits Rp220 , 69 trillion and total financing Rp228 , 13 trillion .

Meanwhile, for the pessimistic scenario , according to Edy can be achieved if the performance of the real sector can be readily recovered in 2013 , Islamic banking is able to utilize other funding sources , Gres effective in increasing the utilization of resources and funds .

" In addition, the optimistic scenario can also be realized if there is interconnection and strengthening the parent bank or group support , as well as the realization of state-owned banks Sharia , " said Edy .

For the optimistic scenario , estimated to total assets reached Rp311 , 92 trillion and total deposits Rp232 , 82 triliunn and 239.54 billion in total financing .