Thursday 15 January 2009

Islamic Banks need more funds to be mobilized

Selasa, 06 Januari 2009

Solo (06/1).

Although there is a great opportunity to expand the Islamic market share, unfortunately the growth was quite slow. It has something to do with the funds mobilization from the society less than expected.

"we have to realized that the working capital accumulation is less than what has been expected, spreading equally from and within the society," as explained by Muh Rudi Nugroho the general secretary for MES (shariah community) Solo. Therefore, a new strategy is needed to mobilized funds from the society and put it back into the circle in production sectors and then goes back to the society through Islamic banking services.

In practice, the Islamic banking system, has been successfully applied in non Muslim countries and runs by non Muslim people, it indicated that the Islamic finance system could be applied anywhere as Islamic banking service is universal or is a blessing for all men kind in the world.

(Amri Yahya/Nibra www.pkesinteraktif.com)

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