Retail segment began to glance.

Initial payment of sharia finance is lower.

In 2020, Islamic banks will control 25 percent market share of the Indonesian banking industry

The Association of Sharia Insurance of Indonesia plans to standardize the sharia insurance sector by releasing sharia insurance policy standards

Bapepam-LK estimates a 30 percent growth in revenue from premiums within the Sharia Insurance Industry to Rp 6.46 trillion this year

Malaysia’s biggest Islamic insurers plan to expand in Indonesia

Bank CIMB Niaga has injected Rp 100 billion into its Islamic banking subsidiary to increase its lending

Bank Indonesia predicts that sharia banking industry may grow 40% in 2012

Indonesia’s sharia finance industries ranked fourth globally

Penetration of Sharia-based insurance industry has reached 3.18%  in the first quarter of the year

The market capitalization of Sharia stock in the first half of 2011 soared by 37.58% to IDR1,305 trillion

The Indonesian and Malaysian central banks agreed to improve cooperation to boost the development of Islamic finance in the two nations

Investors’ interest in Islamic mutual funds, particularly with Islamic bonds as underlying assets continues to grow this year

Indonesia Stock Exchange plans to cooperate with London Stock Exchange to develop a sharia capital market, either in England or Indonesia

Profits from Islamic banking rose 21.95% in the first-quarter of 2011. Net income from Sharia banks and Sharia banking business units rose to IDR400 billion from January-March

Sharia Index established to complement JII

Indonesian index of sharia stocks (ISSI), which will be launched on May 12

The total managed fund of sharia mutual funds throughout the first quarter in 2011 reached IDR 5.19 trillion.

Albaraka Banking Group and Qatar Islamic Bank aim to acquire Shariah-compliant lenders in Indonesia.

Conventional insurance companies will be the largest Sharia bond (sukuk) investors as they control IDR 1.77 trillion or 29% of the total investment in sukuk.