Boosting Islamic Banking Market Share in Indonesia: Prioritized Strategies

Ronald Rulindo, Sutan Emir Hidayat, Muhammad Rifqi, Ratih Istiqomah

Abstract

In Indonesia, despite having the necessary infrastructure, the Islamic banking sector holds only a 7% market share after 30 years. This study, utilizing the Analytic Hierarchy Process (AHP) with experts from various fields, aims to identify and prioritize strategies to enhance the market share of Islamic banking. The findings highlight three key strategies: first, enhancing regulatory support for Islamic banks; second, cultivating skilled human capital and advancing knowledge in Islamic finance; and third, improving Islamic economic literacy among stakeholders.


Keywords


Islamic Banking; Market Share; Strategies

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DOI: 10.15408/aiq.v16i1.39338

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