Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post
Video Weather icon 30°C
DKI Jakarta, Indonesia
30°C Partly Cloudy

Dry and mostly cloudy throughout the day.

  • Wed

    26℃ - 32℃

  • Thu

    25℃ - 32℃

  • Fri

    25℃ - 31℃

  • Sat

    26℃ - 30℃

ADB, IDB setting up Islamic fund to finance infrastructure

  • The Jakarta Post

Jakarta | Thu, June 4 2009 | 12:51 pm

PREMIUM To speed up the development of infrastructure projects, highly needed in Asian countries, the Asian Development Bank (ADB) and the Islamic Development Bank (IDB) have agreed to set up Asia's first major multi-country Islamic infrastructure fund. The Islamic infrastructure fund is expected to reach US$500 million, and will contribute sharia-compliant equity investments in 12 Asian countrie...