REPUBLIKA.CO.ID, JAKARTA - Indonesia and Malaysia exchange their knowledge on Islamic banking industry during the IDB Regional Lecture Series on Islamic Economic Finance and Banking in Jakarta. The exchange of information is an anticipation to face the impact of unstable global finance on Islamic banking.

Governor of Bank Indonesia (BI), Darmin Nasution, said the meeting between BI and Bank Negara Malaysia was expected to manage the system of Indonesian finance. "The stability of Islamic financial system must be maintained," Nasution said on Wednesday.

Islamic financial system, he said, could be strong as long as it was supported by the discipline of Islamic value. Operational system of Islamic finance is hoped to inspire the development of global financial system.

Governor of Bank Negara Malaysia (BNM), Zeti Akhtar Aziz, said it took a long time for Malaysian Islamic financial system to be as strong as today. "The process is very long. It has been occurred since the period of Mahathir Mohammad," Aziz said.

He is optimistic that Indonesia has bigger potency than Malaysia, seeing from the high demand of Indonesians. He explained that Malaysia had its own Islamic board. The members are not only from Malaysia, but also from other countries.

This event is conducted periodically with other central banks within the region, such as Indonesia, Malaysia, Brunei Darussalam, Pakistan, Bangladesh and Maldives.

Nasution said Islamic banking and financial system must be resistable from economic turbulence. He challenges every performer of Islamic economy to develop Islamic financial system that resists against global financial crisis. By maintaining financial stability, Islamic financial system can play an important role to sustain the stability of industrial growth.

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