Muamalat’s sukuk set to be launched
The Jakarta Post
JAKARTA: PT Bank Muamalat, one of the country’s major sharia banks, will issue Islamic bonds (sukuk) worth Rp 800 billion (US$84.8 million) in the third week of June.
Muamalat’s compliance and risk management director Andi Buchari told reporters on Monday he hoped the financial market would be bullish again later next month so that the new sukuk would be fully subscribed by investors.
- Noose tightens around FPI leader
- Riau Islands Police beefed up to 12,000 to anticipate South China Sea tension
- Pinot competes with Beyonce in annual social media awards
- Asia’s most and least powerful passports
- Graft cases may affect Agus, Sylviana's electability: Pollster
- Indonesian Military to build naval base in Papua
- Qatar new target of Indonesia’s weapons export
- Anti graft body may detain ex-Garuda Indonesia CEO on Rolls Royce deals
- Three Indonesians kidnapped by Abu Sayyaf
- Police ban transgender cultural event in South Sulawesi