Islamic banking is entering the state of irrelevance, or impasse. Many countries adopting dual banking system are witnessing the growth of Islamic banking sector stagnating. Indonesia for instance is growing at single digit in 2017, much lower than its peak of 47% in 2011, or 15-20% in the last three years. The growth of innovative …
by
Luqyan Tamanni
Dr in Finance & Economics, Islamic Finance Professional, Member of Komite Nasional Keuangan Syariah Indonesia, Senior Researcher of Islamic Economic Forum for Indonesian Development
