Islamic banking can be considered as a ‘hot topic’ throughout the world’s banking sector. Not only in some Middle Eastern countries Islamic banking became one of the most important forms of banking...Show moreIslamic banking can be considered as a ‘hot topic’ throughout the world’s banking sector. Not only in some Middle Eastern countries Islamic banking became one of the most important forms of banking next to conventional banking, but also in Southeast Asia there was a genesis of Islamic finance. Since the Islamic banking sector in Indonesia is still relatively small compared to the conventional banking system in the country, this thesis aims at discovering the growth of the Islamic banking sector in Indonesia since the emergence of the first Islamic banks. What was the cause of this growth of the Islamic banking sector in Indonesia and what was the role of the government in this? How did the banking sector itself contribute to the growth of Islamic banking and what role had Islam in this whole story? The research question that this thesis thus aims to answer is: how did the Islamic banking sector in Indonesia evolve within the spheres of religion, business and politics since the 1990s?Show less
