SHARIA FINANCING

DELIVERY, 30/4 - TERMS OF TERMS. Workers complete house development in a residential project in Kediri, East Java, Thursday (30/4). The conventional KPR Bank interest rate is 14-15 percent makes consumers switch to financing with Sharia system with 9-10 percent fixed interest. According to Bank Indonesia’s data (BI) Kediri, during the first quarter 2009 Sharia financing in Kediri City reached 308,69 billion or rising Rp 5.29 billion if compared to the last quarter of 2008 Rp 303,40 billion. ANTARA/Arief Priyono/nz/09.