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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Indonesia targets bigger sukuk sales

Posted on 15 June 2009

From Btimes.com.my: Indonesia is considering bigger sukuk sales this year as the world’s largest Muslim nation seeks to develop its fledging Islamic markets and plug its budget deficit, a senior Finance Ministry official said.

Dahlan Siamat, the ministry’s director in charge of Islamic finance, declined to give figures, but said the bigger than previously expected issue of the Islamic bonds followed recent upward revision in overall government debt targets for 2009………Full Article: Source

 
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