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Indonesia global sukuk to be backed by USD 650 mn assets

Wed, 2009-03-25 16:56 — 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.

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http://www.lse.co.uk/macroeconomicNews.asp?shareprice=&ArticleCode=ciwae...

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