Tagged: Indonesia Institute of Accountants

2012-08-07

Indonesia to Allow Currency Hedging for Banks: Islamic Finance

Indonesia plans to let Shariah-compliant banks hedge against exchange-rate movements. This way, the growth in Islamic financial assets will be stimulated and the gap with Malaysia’s industry will be narrowed. The instruments, available in Malaysia si…

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Tagged: Indonesia Institute of Accountants

Indonesia to Allow Currency Hedging for Banks: Islamic Finance

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