
Stake attention in this memory
A museum exhibit in West Jakarta, Indonesia, located at -6.138 latitude and 106.815 longitude. The exhibit features text panels on a wall describing the historical development of non-interest banking in Indonesia. The panels are written in Indonesian and English, with the English text titled "Period Before Sharia (Islamic) Banks 1905-1991" and "Origin of Non-Interest Banks." The exhibit discusses how the concept of interest, known as "bunga" (meaning "flower") in Indonesian, was initially considered taboo, as it went against the principles of Islamic finance. The text explains that the first Islamic banks in Indonesia were founded in the 1980s, with the first being Koperasi Jasa Keahlian Teknosa (1984) and RPR Berkah Amal Sejahtera (1988), both in Bandung. The exhibit also highlights the role of the Indonesian Ulama Council (MUI) in issuing a fatwa (Islamic ruling) against interest in 1990. The exhibit contains no people, only the written text panels on the wall.
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