+6221–3503142 secretariat@cisfed.org

The signing of the MoU for the use of the Mini Master Repo Agreement (MRA) facilitated by Bank Indonesia
(the central bank) on the 2nd July 2015 marked another important development in the Indonesian Islamic banking
industry. MRA is basically a standard contract template for a Shariah compliant repurchase agreement, expected to give more options for the industry in managing their liquidity.