Bank Indonesia (BI) noted, number of syariah banking transactions with the central bank reached Rp. 21 trillion for the year 2011. While daily transactions in the Interbank Money Market Based on Syariah Principles (PUAS) recorded only Rp. 70 billion.

“This happened because banks tend to have more confidence to conduct transaction with the central bank,” said Bank Indonesia Head of Public Relations Difi A. Johansyah, in Jakarta, Friday, January 6, 2012. Continue Reading