Tuesday, September 26, 2006

Indonesia to offer sukuk next year

"Indonesia planning to sell Islamic bonds", International Herald Tribune, July 18, 2006

Indonesia announced earlier this year that it is planning to begin issuing Islamic bonds (sukuk) next year. The hope of many issuers of sukuk is that it will attract investment from the oil-rich Middle East, as well as from other Muslim investors who want to follow Shari'ah law when they invest their money.

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