Banking: profit and the Prophet

Submitted by Anonymous (not verified) on Thu, 08/22/2019 - 16:08
Year
1992
Country
Hong Kong SAR China
Language
English
Abstract

This article is a critique of Indonesia's first Islamic bank, Bank Muamalat Indonesia (BMI). Although supposedly a pure Islamic bank, regulators worry the BMI's deposits are being used in risky investments. Also, BMI is viewed as a political ploy of President Suharto to build up support in traditional Islamic circles and depositors are unaware of this use of their funds.

English
ISSN/ISBN
0014-7591
No. of Pages
pp.45-46
Number
20
Volume
155
Select type of work
Name of the Journal
Author(s)
CIS Program Old
CIS publications
No
CIS Thesis
No