their primary function, namely to collect funds from their owners and distribute it to borrowers. to be more precise, the main function of banks is to facilitate and finance activities associated with the supply of goods and services to the people ; more specifically “ real ” activities. therefore, financing activities through sharia banking are closely linked to real sector development. moreover, speculation and gambling, the main culprits behind the on - going crisis, are not tolerated. thus, by design, the islamic financial system can instill greater stability in an economy. and, if implemented correctly, the islamic financial system can provide an optimal risk management system. sharia financial system performance ladies and gentlemen, the potential role of sharia financial institutions in the economy has been discussed on numerous occasions. according to the banker magazine in 2007, sharia - compliant assets worldwide have grown by almost 30 % per annum in recent years. such growth outstrips most other business segments in financial services. in 2008, sharia financial assets worldwide reached $ 643 billion and are expected to exceed $ 1 trillion by 2010. in fact, there are currently more than 400 financial institutions offering sharia compliant products globally, including sukuk, which has created significant demand in the market over the last five years. countries like united arab emirates, saudi arabia and malaysia are competing to become centers of islamic finance. in such a competitive environment, indonesia also has a great opportunity to advance itself as the center of islamic finance. as the most populace muslim country on the planet, with a population of more than 237 million, indonesia is undoubtedly a promising market. since the establishment of its first islamic bank in 1992, the sharia industry in indonesia has exhibited relatively robust growth. sharia banking is in its infancy since the establishment of the first islamic bank in 1992, however, has demonstrated strong and steady growth. business volume has grown expansively, exceeding the growth rate of the banking industry as a whole. currently in indonesia there are three full islamic banks ( fibs ), 19 islamic banking units at conventional banks ( ibus ), and 92 islamic rural banks. as a whole, the industry is supported by 531 islamic bank offices currently operating throughout indonesia ( 288 fibs, 121 ibus and 92 rural banks ). the sharia banking industry has amassed total assets amounting to rp50 trillion ( usd 4. 2 billion ), or 2. 1 % of all bank assets in indonesia. this share has increased steadily from previous years :

halim alamsyah : bank indonesia – improved efficiency through data collection speech by dr halim alamsyah, deputy governor of bank indonesia, in the signing of cooperation agreement between bank indonesia and the ministry of home affairs of the republic of indonesia, jakarta, 23 february 2015. * * * the honorable, • directorate general of population affairs and civil registration services of the ministry of home affairs, mr. h. irman, • heads / officials in the ministry of home affairs, • heads / officials in the state ministries and institutions, • heads of working units in bank indonesia and financial services authority ( ojk ), • heads of financial institutions, association of financial institutions, and indonesia consumers organization ( ylki ), • distinguished guests, assalamu ’ alaikum wr. wb, good morning and may god bless us all, 1. on this great occasion, let us praise god the almighty for the blessings bestowed upon us so that we can attend the “ signing of cooperation agreement on utilization of national identity numbers, population data, and electronic resident ’ s identity cards within the scope of duties of bank indonesia ”. 2. this cooperation agreement signing is the follow - up to the memorandum of understanding on utilization of national identity numbers, population data, and electronic resident ’ s identity cards within the scope of duties of bank indonesia signed by the governor of bank indonesia and minister of home affairs on 6 may 2013. this follow - up takes a relatively long time because in - depth reviews of many aspects are necessary, including infrastructure preparation and primarily the impacts of such utilization policy on bank indonesia and the financial industry broadly. 3. the duties of bank indonesia in the fields of monetary, macroprudential, and payment system require data and information as important elements in formulating appropriate policies and decisions to maintain financial system stability and ensure a reliable and smooth payment system. such data and information are gathered by bank indonesia from various sources through reports and / or surveys of, among others, bank and non - bank financial institutions, government institutions, the capital market, exporters, companies with external debt exposure, and even households. 4. in relation thereto, bank indonesia strongly supports the application of national identity numbers and electronic resident ’ s identity cards by the ministry of home affairs because the fundamental issue of population registration in indonesia is data singularity. the program conducted by the ministry of home affairs to digitize population data by biometric verification technology in the bis central bankers ’ speeches forms of fingerprint recording