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Jakarta Post
The Jakarta Post
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The rise of the Islamic capital market

  • Primandanu Febriyan

    Works at the Islamic Capital Market Directorate of Indonesia Financial Services Authority

Jakarta | Mon, November 27, 2017 | 02:26 pm
The rise of the Islamic capital market The term Islamic mutual fund generally refers to collective investment schemes that allow a group of investors to invest their funds through investment managers in conformity with Islamic principles. (-/-)

PREMIUM The Financial Services Authority (OJK) recently licensed Indonesia’s first full-fledged Islamic fund management company, Paytren Asset Management (PAM). This newly established Islamic fund manager is another milestone in the development of the country’s Islamic capital market. The establishment of PAM is based on OJK Regulation No. 61/ POJK.04/2016 concerning the use of Islamic prin...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.