Sharia banks may get hedge funding tool next year
The Jakarta Post
Member countries of the International Islamic Financial Market (IIFM) may soon enjoy a hedging facility to reduce risks of financial transactions, officials say.
The IIFM’s Board of Directors agreed on Monday to implement a hedging facility for the sharia banking industry in the first half of next year amid global currency concerns.
Bank Indonesia’s director for sharia banking, M...
- Wealth of four richest Indonesians equal to wealth of 100m poorest
- Jokowi's visit to Australia 'special': Foreign Ministry
- COMMENTARY: Freeport's threat of arbitration simply a ploy to block mining reform
- Jokowi threatens to take action if Freeport are 'difficult'
- BI predicts lower GDP growth in first quarter
- Indonesia drafting rules to end bank secrecy
- OJK to launch first green bond mechanism
- Construction of new Semanggi overpass to take only a month
- Madame Tussauds Hong Kong to feature Jokowi wax figure this summer
- Indonesia seeks Saudi Arabia’s support to develop Sumatra tourism