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Indonesia's JFX to launch sharia-backed commodity products

Thu, 2011-08-11 13:21 — newsdesk

An official stated that the Jakarta Futures Exchange (JFX) will launch sharia-compliant commodity contracts in September.
Bihar Sakti Wibowo, a director at JFX, added that both Indonesia's future trading regulatory body and National Sharia Council at Indonesian Ulema Association (MUI) have approved this new scheme.

Source: 

http://www.reuters.com/article/2011/08/09/indonesia-jfx-idUSL3E7J90QP201...