02.12.2009 - Indonesia expresses faith in Shariah bonds despite Dubai World debt crisis
From Thejakartaglobe.com: The Finance Ministry said on Tuesday that it remained upbeat about investor appetite for sukuk , or Shariah bonds, and had not changed its plans to issue more next year, but acknowledged that the Dubai crisis could affect the market. “[Dubai World subsidiary] Nakheel’s problems will add to the list of corporate Islamic bonds that have defaulted” in the past year, said Rahmat Waluyanto, the ministry’s director general for debt management.................................Full Article: Source
Print