With 11 countries and a population of more than half a billion people, Southeast Asia is a rapidly growing market for Islamic banking.
Denial Abu Dhabi Islamic Bank In a statement on the Abu Dhabi Securities Market website today, the news circulated about his negotiations regarding the purchase of a share in the Indonesian Sharia Bank, stressing that there are no talks or negotiations related to this issue.
And it was Reuters “Citing two informed sources, Abu Dhabi Islamic Bank It is in talks to buy a minority stake worth about $1.1 billion in Sharia Bank, Indonesia’s largest Islamic bank.
The two informed sources, who requested anonymity because they are not authorized to speak to the media, said that the potential acquisition of a 15 percent stake in Sharia Bank Indonesia from Bank Rakyat Indonesia is one of the options being considered by Abu Dhabi Islamic Bank.
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Reuters reported that Abu Dhabi Islamic Bank declined to comment. Bank Rakyat Indonesia did not respond to a Reuters request for comment.
“What we can say is that the above information is available to our shareholders,” Gunawan Hartoyo, administrative secretary of the state-owned Indonesian Shariah Bank, said in a statement in response to Reuters’ queries.
Southeast Asia, which includes 11 countries and a population of more than half a billion people, is a rapidly growing market for Islamic banking services.
The value of Sharia-compliant financial assets in Indonesia reached $163 billion in July 2023, an increase of 13 percent over the same period in 2022, according to the Islamic Finance Development Report published by the Financial Services Authority of Indonesia last year.
