Sharia Banking One Day Seminar "Spin-Off or Conversion?"
As the largest Muslim population in the world, Indonesia has all the right tools to become the largest player in the Islamic industry. However, since the first stepping stone of the Islamic finance industry came in the early 90s, Indonesia has not yet occupied an important position in the Islamic banking industry.
However, starting this year there is a glimmer of hope after the government issued Act No. 21 of 2008 concerning Sharia Banking. Banks that have Islamic business units (UUS) are required to separate their units (spin-off) to become separate Islamic commercial banks. Or even banks choose to convert services into Islamic banks. all of that must have been done before 2023.
This provision requires bank owners to prepare the best strategy in developing their sharia services going forward. Many challenges must be faced by bank owners and managers. For this reason, the Stability Magazine & LPPI held a one-day seminar with the theme "Spin-Off or Conversion? Opportunities and Challenges ” on August 7, 2019, at the Pullman Hotel Jakarta. It is hoped that this seminar will participants new perspectives and inspiration in carrying out their plans to fulfill Law No. 21 of 2008.