In November 2014, Indonesia’s fi nancial services authority, Otoritas Jasa Keuangan (OJK), took two important actions in an endeavor to strengthen the Islamic banking industry in the country. The fi rst was the signing of an agreement with the Republic’s...
Indosat, a major telecommunication and information service provider in Indonesia that provides nationwide cellular prepaid and postpaid services, is in the process of issuing its first shelf-registered Sukuk amounting to the maximum of IDR300 billion (US$24.63...