When the accounts of Dana Syariah Indonesia were frozen by Indonesia’s Financial Transaction Reports and Analysis Center, the episode ceased to be a routine fintech failure. Account freezes are not triggered by weak cash flow alone. They signal deeper concerns about governance, transparency, and the integrity of financial transactions. In a country eager to promote ethical and sharia based finance, the collapse of a platform carrying that label should be read as a systemic warning, not a temporary business setback. To subscribe please click here
