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Saturday, March 8, 2014

Islamic system contribute to economic stability

Islamic system contribute to economic stability


Islamic economic system is able to contribute greatly to the stability of the overall Indonesian economy with the Islamic concept , said Chairman of the Board of the Financial Services Authority ( FSA ) D Hadad Hadad .

" The concept of the Islamic finance among antiriba (profit sharing ) and antijudi ( antispekulasi ) could contribute to the stability of the national economy , " Hadad said the Public Lecture New Graduate Student , University of Muhammadiyah Prof. Dr. Hamka ( UHAMKA ) here on Saturday .

By sharing system people who do not have the capital will be permitted to dare to open a business , while the concept antispekulasi only encourage people to invest in the productive real sector .

"A crisis of a decade ago also showed durability Islamic banks are relatively high when interest rates reach very high levels where conventional banks experienced a negative spread , " he said .

According to Hadad , the growth of Islamic banks in the future will be more rapid in which currently has 35 banks offering Islamic banking services .

" The collection of Islamic banking deposits nationally has now also reached Rp68 trillion , savings and current accounts Rp37 trillion to Rp12 trillion , which proves the interest of the community of Muslims against Islamic banking , " Hadad said .

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