Dec 3, 2014 | Publikasi
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...
Nov 19, 2014 | Publikasi
Zakat is an important pillar of Islam. It is an obligatory charity for eligible Muslims. Shariah prescribes fairly clear rules on who are liable to pay Zakat and who can benefi t from it. Apart from its religious obligation aspect, the objective of Zakat has more to...
Oct 24, 2014 | Publikasi
By Farouk Abdullah Alwyni In an eff ort to further strengthen the growth of Indonesia’s Islamic fi nance industry, a state-owned Indonesian credit guarantee company has recently spun off its Shariah division. The company, known in its Indonesian acronym as Perum...
Sep 24, 2014 | Publikasi
By Farouk Abdullah Alwyni In order to support further the growth of the Islamic banking industry in the country, Bank Indonesia (BI), the country’s central bank, recently issued a regulation No. 16/12/PBI/2014 related to Shariah monetary operations in foreign...
Jul 24, 2014 | Publikasi
Over the last fi ve years, the market share of the Indonesian Islamic insurance industry has increased steadily to 4.2% in 2012 from 2.13% in 2008, according to the latest available offi cial data. The increase is indeed relatively slow as compared to Indonesia’s...
