Indonesia seeks greater role of Islamic finance amid global financial inclusion push
Indonesia, which holds the presidency of the G20 group of major economies this year, wants to use this position to increase the role of Islamic finance worldwide, to boost consumer access to affordable financial products and services.
Jakarta: Financial inclusion is one of the goals of the G20, made more important by the COVID-19 pandemic widening inequality for the most financially vulnerable and underserved groups, said Dian Triansyah Djani, Indonesia’s ‘co-sherpa’ (diplomatic coordinator) for the G20.
“There’s no specific Islamic finance agenda at the G20, but Islamic finance plays a significant role in the global economy,” Dian told Salaam Gateway.
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Ahmad Pathoni