In a country with such a large Muslim population the potential for sharia product expansion is great. Currently, the number of sharia users is relatively still limited, namely 3.3 million fund account holders and 525 thousand financing account holders. The outlook for sharia financing in Indonesia is keep promising thanks to robust economic outlook.
Indonesia’s economy, in fact, has outperformed many other countries in the region and peer group. Economic activities have been sustained by relatively strong domestic demand, capable of absorbing domestic production and preventing the market from falling deeper off the precipice of recession. In the first quarter, the economy recorded 4.4% growth, which far exceeds international economic growth.