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Business 8 years ago
Medco Power Indonesia lists bonds, sukuk on IDX
PT Medco Power Indonesia (MPI), a subsidiary of oil and gas giant Medco Energi International, listed conventional bonds (MPI I bonds) and sukuk wakalah (MPI I Sharia-compliant bonds) on the Indonesia Stock Exchange (IDX) on Thursday, eyeing to collect Rp 1.2 trillion ($83.2 million).
Opinion 8 years ago
PREMIUM
Insight: Green sukuk for the future
The Green Sukuk is a means of aligning government funding with its commitment to the low-carbon transition, channeling funding to projects in renewable energy, energy efficiency, sustainable transport, waste management, conservation and other environmental priorities.
Business 9 years ago
Indonesia aims to have world largest haj fund in 10 years
The newly established Haj Fund Management Agency (BPKH) has pledged to match the performance of its Malaysian counterpart -- Tabung Haji (the Pilgrims Management and Fund Board) -- that was established in 1963 and managed Rp 180 trillion (US$13.52 billion) worth of assets in 2015.
Business 9 years ago
PLN to issue bonds and sukuk worth Rp10 trillion
State electricity company PT Perusahaan Listrik Negara (PLN) plans to issue conventional bonds worth Rp 8 trillion (US$601.19 million) and sharia bonds (sukuk) worth Rp 2 trillion this year to finance its electricity infrastructure.
Business 9 years ago
Aneka Gas to issue Rp 400b in bonds and Islamic bonds
East-Java based gas distributor PT Aneka Gas Industri plans to issue conventional bonds and Sukuk Ijarah (Islamic bonds) totaling Rp 400 billion under the shelf registration issuance (PUB), which aims a total issuance of Rp 1 trillion in the next two years.
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