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Jakarta Post
The Jakarta Post
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New sharia index launched to boost liquidity, investor base

  • Esther Samboh

    The Jakarta Post

Jakarta | Fri, May 13 2011 | 08:00 am

PREMIUM The Indonesia Stock Exchange (IDX) officially launched a new equities index on Thursday in a move expected to boost liquidity and widen the investor base amid a growing interest in equities in the world’s biggest Muslim-majority country.

The Indonesia Sharia Stock Index (ISSI), which comprises 214 Indonesian stocks, allows investors to buy stocks without violating Islamic investment guide...