Indonesia relaxes rules to spur Islamic banking

January 6th, 2011|

Indonesia's central bank is aiming to simplify the approval process for Islamic banking products to accelerate the development of the country's Islamic finance industry.

Halal vaccine “still very far away”

August 9th, 2010|

Although MUI claimed it has been able to provide halal meningitis vaccines to haj pilgrims this year, top executive of a state-owned vaccine and serum producer said the ability to produce a porcine-free vaccine "was still very far away"

Islamic banks in Indonesia not always Islamic

March 28th, 2010|

Here's something we've long suspected but too confused to ask. Nahdatul Ulama, Indonesia's largest traditionist Sunni group and the world's largest independent Islamic organisation today declared that all shariah transactions in Islami banks in Indonesia are not always as Halal as they are claimed to be.