Indonesia is to maintain economic growth at 4.5 per cent and bank lending growth of more than 15 per cent.
Under normal Indonesian banks are very good in a banking crisis, and Islamic banking in Indonesia is moving so slowly?
Signed on the forum a memorandum of understanding (MOEA), to the final negotiations on the four projects worth $ 3 million Indonesian encouraging.
But it is possible, the Ministry of Agriculture halfway to complete a memorandum of understanding, Indonesia and many memoranda evaporated. The road to nowhere is paved with good intentions.
The problem in Indonesia and the Muslim countries with economies in transition is to move from intention to implementation, such as unfinished concrete pillars Jakarta Monorail monument to a lack of capacity, corruption and incompetence.
My wife is now five years old. Evaluated in the next five years, Muslim opinion on what is being done, rather than the fact that half of the line.
The long list of projects, resources for Indonesia in late 2009, the Islamic Forum of Indonesia underlines the need for investment in roads, water supply, bridges, ports and power plants, and biofuels, agriculture and tourism.
Nevertheless, the performance of the maintenance of Islamic funds has been far below potential, especially in infrastructure projects in the public and public-private partnership.
This is a story of poor quality, poor preparation of projects, red tape, slow progress in reforming the regulatory framework and poor enforcement, corruption, confusion, and if possible in the implementation of decentralization.
Despite the predominantly Muslim Indonesia * S is the identity of the lack of a clear link between the Indonesian bureaucracy and a modern style in the Persian Gulf-based investors and developers.
It's a language gap. In many Indonesian officials could not be in English and Arabic. Many may read prayers in Arabic, but it can not be regarded as a working language.
The tendency to engage the Indonesian of Arab culture and Arabic only at the level of religious observance should be complemented by a wider commitment to dialogue with the contemporary Arab world in the economic, social and political modernization of Muslim associations, moderation and democracy.
We can not assume automatic proximity of interests based on similarities in Muslim rituals, through many different cultures, but not higher than reality.
This communication gap may help explain the relative modesty of the flow of resources from the Middle East and, therefore, to date in Indonesia, there is still a huge gap between declarations of support for sharia banking and reality.
Deputy Governor of Bank Indonesia Siti Fadjrijah in Jakarta in January, said that sharia banks are unable to provide national targets of 5 percent compared with the assets of the bank, because "it is not possible in economically difficult times."
Why is it impossible, if not for the 1.6 billion dollars of liquidity in the Gulf States and Saudi Arabia have not yet invested, despite the recession?
Indonesia Sharia Banking customers reached 3.79 million in 2008 to more than 1452 branches of banks, compared with the 6500 conventional bank branches. The latter, with 97 percent of banking assets and the former by only 3 per cent. Why so little capital?
Indonesia Sharia Banking has provided 589,000 loans in 2008, compared with 512,000 in 2007. Why so little? Sharia banking, loan payments, as a turtle walk, "said Fadjrijah City.
Sharia banking industry, up to 5 per cent of the banking assets of the target estimated 15000 to 25000 people.
Given the global economic crisis, which is the right time to make the right partners in the Middle East, in Arabic, as they say in the language of business, as well as English and Chinese to invest in the huge potential of Islamic banking in Indonesia, and staff, create jobs and move more loans. So why not Indonesia?
Council of Ulema, Muhammadiah, Nahdlatul Ulama, conservative, liberal, banks, Sharia, Sharia, bank training and promotion agencies, departments, non-governmental organizations and small groups of Sharia bank lending should increase its efforts to achieve this goal, the uniqueness of exchange gains and losses, one of the major innovations in the financing of Sharia law for the financing of water and electricity for the poor and SMEs in the whole society.