Nevertheless, Islamic banking in Indonesia is claimed to be the biggest retail Islamic banking in the world with more than 18 million customers and more than 4.500 branches in 2015. 10. The development of Sukuk in Indonesia showed a slight down trend for corporate sukuk in 2009-2014 and for government sukuk in 20112014.
Past projections have, after all, underestimated actual price dynamics on multiple occasions. Caution is therefore warranted here, especially as uncertainty is extremely high and risks are clearly tilted to the upside. For example, tensions in energy markets could persist for longer than assumed in the forecasts. Still-high commodity prices might be passed on to consumers on a greater scale than usual.