Mideast bizmen keen to invest in Indonesia, banker says

"With their huge funds, they will leave the US and the European Union, and are ready to enter Asia, including Indonesia, for business without any political agenda," Riawan told ANTARA.
As the world`s largest Muslim country with the same cultural background Indonesia should take the opportunity, he added.
Citing an example, he said the Islamic Development Bank (IDB) had provided US$10 billion in funds for poverty eradication through payment of tithes.
IDB is a stakeholder in Bank Muamalat Indonesia (BMI).
However, the Middle Eastern businessman`s plan to invest in Indonesia could not be realized soon due to the absence of a law on Sukuk (obligation in Islamic law), rampant corruption and double taxation risks.