Indonesia: New measures to boost domestic and world stage presence
Indonesia’s rise in Islamic finance has been stunning. Armed with a laser-sharp focus and an arsenal of effective policies and groundbreaking initiatives, President Joko Widodo’s government has spearheaded an era of phenomenal growth. At IFN Indonesia Forum 2022, we learned more about the administration’s plans including upcoming Islamic ESG regulations and new Shariah funds to boost its Islamic economy. But VINEETA TAN asks, are these enough for the world’s most populous Muslim nation to become an international Islamic finance superpower?