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Liquidity management aside, could Islamic repos be Indonesia’s ticket to a more active and vibrant Sukuk scene? Like many market observers Farouk Alwyni, the president and CEO of Jakarta-based Islamic finance consulting firm Alwyni International Capital, seems to think so. “Not only will the new agreement provide banks with more liquidity management options but I believe it will also stimulate the Sukuk market,” Farouk, who is also the chairman of the Center for Islamic Studies in Finance, Economics and Development, shared with IFN.