Indonesia's Sharia Financing Growth Slows, Impact Unclear
Sharia financing in Indonesia is experiencing a slowdown. Factors such as the overall economic downturn, increased competition, and regulatory complexities are cited as contributing reasons, with tangible impacts on households and SMEs still limited.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Regional Transfer Fund Increases to Rp726.2 Trillion in 2026, Budget Boosted for Sumatra Disasters
The Indonesian government has increased the ceiling for Regional Transfer Funds (TKD) in 2026 to Rp726.2 trillion from an initial Rp693 trillion. This additional budget will be allocated for disaster management in Sumatra, maintenance of essential public services, and regional development needs.
- El Niño Impacts Yogyakarta Aquaculture, Mass Fish Deaths Halt Production
Extreme weather attributed to El Niño has severely impacted aquaculture in Sleman, Yogyakarta. A mass fish die-off, suspected to be caused by drastic water temperature fluctuations, has led to production halts and an estimated Rp10 million loss for a local group. Authorities cite potential water quality degradation and increased pathogens.
- Pekanbaru City Awarded 'Nusantara Driver Award 2026' for Infrastructure Development
Pekanbaru City has received the 'Nusantara Driver Award 2026' in the Infrastructure category, recognizing its commitment to prioritizing infrastructure development. The award highlights the city's efforts to improve the quality of life for its residents and stimulate its economy.
- Indonesian Migrant Workers to Enter Japanese Industries with Enhanced Skills Training
InJourney Airports and the Indonesian Migrant Workers Protection Ministry (KP2MI) have signed an MoU to enhance the quality and competence of Indonesian migrant workers (PMI). The training program, conducted via the InJourney Airports Learning Center (IALC), aims to create employment opportunities, particularly in Japan, with the first batch of 41 workers set to be deployed in Japanese manufacturing industries.