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
press enter to search

The Jakarta Post
Video Weather icon 26°C
DKI Jakarta, Indonesia
26°C Light Rain

Rain until tomorrow morning, starting again tomorrow afternoon.

  • Thu

    26℃ - 31℃

  • Fri

    26℃ - 32℃

  • Sat

    27℃ - 32℃

  • Sun

    26℃ - 30℃

Investment grade in sight on successful global sukuk sale

  • Esther Samboh

    The Jakarta Post

Jakarta | Wed, November 16 2011 | 07:12 am

The government’s successful selling of US dollar-denominated Islamic bonds known as sukuk at a cheaper rate signals declining risks of investing in Indonesia.

Even more convincing, the sukuk sales came amid global financial market uncertainty, bringing the country closer to an investment grade rating.

The selling of the nation’s second-ever sharia-compliant global sukuk was over...

TRY A DIGITAL SUBSCRIPTION

Join the discussions