Concerning the current global financial crisis, Indonesia’s sharia banking industry has remained relatively stable and insignificant affected. This fact is positively contribured by low exposure to international investment and foreign exchange transactions in Indonesia’s sharia banks. It is approximately just 5% of total assets and liabilities.
Annual growth in assets, deposits and sharia banking financing remains high, at 29.5%, 27.1% and 26.08% respectively in May 2009. Stable sharia bank performance is also clearly evidenced by low industry-wide Non-Performing Financing (NPF) at just 6.19% in May 2009, despite a slight increase in March and April 2009.