Posts tagged as: Indonesia

Indonesia Debt Drops Most in 8 Months on Fuel: Islamic Finance

Indonesia Debt Drops Most in 8 Months on Fuel: Islamic Finance

Indonesian two-year sukuk dropped last month, raising up yields by the most since September, as Standard & Poor’s.
S&P didn’t associate with Moody’s Investors Service and Fitch Ratings, which have allowed Indonesia investment-grade status i…

Indonesia Islamic Insurance Assets Reach $1 Billion in 2011

Indonesia Islamic Insurance Assets Reach $1 Billion in 2011

The data from Capital Market and Financial Supervisory Agency shows that Indonesia’s Shariah-compliant insurance assets increased by 32 percent to 9.2 trillion rupiah ($1 billion) in 2011 comparing to the year before.
The agency stated that takaful h…

Malaysian Islamic Insurers Eyeing Indonesian Market

Malaysian Islamic Insurers Eyeing Indonesian Market

Malaysia’s biggest Islamic insurers plan to develop in Indonesia, taking advantage of industry growth that is almost three times the pace of their home market and ampplyfying the wealth in the world’s most populous Muslim country.
It seems that May…

Green Faith Raises Provocative Questions

Green Faith Raises Provocative Questions

Green Faith got together over 100 people to debate religiously inspired eco-consciousness and interfaith activism around environmental issues.
The evening began with a short video clip and discussion by UW-Madison Associate Professor Anna M. Gade on th…

Bank Negara Indonesia to grow Shariah banking

Bank Negara Indonesia to grow Shariah banking

It seems that Bank Negara Indonesia (BNI) is currently searching for a partner to further tap growth opportunities in Shariah banking.
BNI also follows some potential acquisition targets to help the bank make inroads into the micro-finance market. Furt…

Sukuk to lag emerging debt index this year

Sukuk to lag emerging debt index this year

Islamic bonds are falling behind developing-nation debt for a second quarter as investors search for higher yields in non-investment grade securities.
According to the HSBC/Nasdaq Dubai US Dollar Sukuk Index, Shariah-compliant notes returned 1.5 % this…

CALL FOR PAPERS – Islamic capital markets

CALL FOR PAPERS   – Islamic capital markets

CALL FOR PAPERS – Islamic capital markets, Deadline: Submission of Abstract: March 15, 2012
Islamic Research and Training Istitute – Islamic Development Bank, Jeddah, Saudi Arabia
Islamic capital markets are to become an important part of the Islam…

Indonesia lures Mideast Shariah lenders

Indonesia lures Mideast Shariah lenders

Indonesia’s Islamic finance industry is attracting investment from Middle Eastern and European banks as regulator is searching to double Shariah-compliant assets to 10% of the total this decade.
According to Mudassir Amray, the head of wholesale bank…

Indonesia aims to issue project-based sukuk in H1

Indonesia aims to issue project-based sukuk in H1

After Indonesia failed to sell the sukuk last year as investors asked for higher yields, the country plans to launch 2 trillion rupiah ($223.59 million) of project-based sukuk in the first half of this year.
Finance minister Agus Martowardojo, who gave…

Growth plans in Indonesia

Growth plans in Indonesia

PT Asuransi Takaful Indonesia is searching for IDR1tr ($110m) of premiums next year, which would enact a whopping increase of 173.97% over 2011. In order to succeed the firm would have to add another 4,000 sales agents in addition to the 5,700 it alrea…

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