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Islamic finance the key to Indonesia infrastructure plans

Posted on 14 September 2012

Indonesia can fully facilitate its plans for enhancing infrastructure if it were to utilise Islamic financial instruments which can help to further boost the economy and increase economic stability in the country.
Standard and Poors the leading company stated in a report that Islamic finance was the perfect option for Indonesia in materializing its infrastructure plans.S&P credit analyst, Allan Redimerio, stated, “We believe Indonesia can emulate Malaysia’s success thus far in utilizing Islamic finance for infrastructure development. This is due to Indonesia’s large infrastructure development needs, the government’s willingness to attract private capital to fund these investments, and the rising demand for investable assets of a growing domestic Islamic finance market.”……………………………………Full Article: Source

 
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