The Central Bank of Indonesia has estimated that Islamic banking assets will rise from 1.5 percent of all banking industry assets today to 5 or 6 percent in 2011. The growth will be propelled by changes in Shari'ah-compliant banking regulation that makes this regulation less onerous than it is currently.
"The total assets of Islamic banks amounted to 22.9 trillion rupiah ($2.48 billion) in July, or around 1.5 percent of the domestic banking industry's total assets. The figure was about 1.4 percent at the end of last year."
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