PORTRAIT RETAIL BUSINESS IN INDONESIA:

Retail business is selling goods at retail outlets in various types such as, markets, department stores, boutiques and others (including sales with delivery system service), which is generally to be used directly by the buyer in question.

Bank of Indonesia (BI) guarantee the rise in the BI Rate Not Affect Property Loan Interest

Bank Indonesia increased its benchmark interest guarantee or BI rate will not affect interest bank loans, including credit property.  BI binding rules of transparency of the banking industry through loans or the prime lending interest rate.

Principles of Islamic Finance


Islamic finance refers to a system of finance based on Islamic law (commonly referred to as Sharia4). Islamic financial principles are premised on the general principle of providing for the welfare of the population by prohibiting practices considered unfair or exploitative. The most widely known characteristic of the Islamic financial system is the strict prohibition on giving or receiving any fixed, predetermined rate of return on financial transactions. This ban on interest, agreed upon by a majority of Islamic scholars, is derived from two fundamental Sharia precepts: