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It is widely believed that Indonesia has been awarded by some international rating agencies including World Bank as world economic forces with range 10 to 16 in the world due to some reasons such number of population, a greater market share of economic and strategic position of Indonesia within world economic pivot. While Indonesia is experiencing economic robust noted with several remarkably of economic indicators, World economy encountered sluggish of growth or even negative growth for the last 5 years. To illustrate this postulation, the experience of global financial shock in 2008-2009 may be absorbed as the best lesson learned for Indonesia and most emerging countries around the globe.Under such phenomena, Indonesia is likely towards International hub of Islamic economic and finance. This goal is perquisite several factors including political restoration and moral will. The most litigation of such mission is that world structure will be broken into several blocks of economic, trade and finance instead of military and political alliances. International monetary imbalances, degradation of US hegemony and other international thread have significantly affected Indonesian economy as wells other new emerging markets.This paper aims to bring numerous thoughts and views to setup Indonesia as a pivot of world Islamic product and services. Overall, the paper is like an opening door in an Islamic Studies which focus on banking sector relationship within Indonesian stock market development. The paper will answer how strategies are carried to generate a stronger economy within largest Muslim Population Country on earth. |
