1st Edition

The Future of Islamic Banking and Finance in Indonesia Performance, Risk and Regulation

By Romi Adetio Setiawan Copyright 2023
215 Pages 8 B/W Illustrations
by Routledge

215 Pages 8 B/W Illustrations
by Routledge

215 Pages 8 B/W Illustrations
by Routledge

Sharia-compliance is the raison d’etre of Islamic banks. All of their instruments and activities should be based on sharia principles, which unfortunately exposes them to greater risks than their conventional counterparts, regulated under the dual banking system in Indonesia. These include inconsistencies between fatwas , unique reputational risks, and inefficiencies in the regulatory... Read more

1. Introduction 2. Sources of Islamic Law in Indonesia 3. The Regulation of the Banking System in Indonesia 4. Islamic Banking Regulation and Supervision 5. Islamic Financial Instruments in Indonesia 6. Islamic Derivatives in Indonesia: Debate and Legal Challenges 7. Implementation of Basel Accords and Implications for Islamic Banking 8. Risk and Risk Management in Islamic Banking 9. Reform Proposals, Further Research, and Conclusion

Biography

Romi Adetio Setiawan is a Lecturer of Islamic Banking and Finance Law at the State Islamic University of Bengkulu, Indonesia.