Indonesia global sukuk to be backed by USD 650 mn assets
Wed, 2009-03-25 17:56 — IslamicFinance.de
Indonesia's finance ministry plans to sell its first global sharia-compliant bond issue, or sukuk, before June, backed by 7.5 trillion rupiah (USD 650 mn) worth of assets. The sukuk will be issued according to the ijara, or lease-based, principle.