| Publicly listed food-producer PT Mayora Indah and Bank Muamalat Indonesia plan to issue sukuk, or Islamic debt-papers, this year hoping to raise Rp 250 billion (US$27 million) and Rp 800 billion respectively, the National Sharia Council says.
Mayora Indah would launch its sukuk on Monday while Bank Muamalat, which runs on sharia banking principles, would follow in July, Kanny Hidaya, council deputy secretary, said on Thursday during a discussion on sukuk development in Indonesia...............................................Full Article: Source
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