Wednesday, October 19, 2011

INDONESIA - CAPITAL MARKETS - JFX set target of IDR 5 billion/day from syariah commodity transactions

Jakarta (14/10)- Jakara Future Exchange (JFX)  or Bursa Berjangka Jakarta set target to have IDR 5 billion transaction daily in the first 3 months, as explained by JFX Director, M. Bihar Sakti Wibowo, During the launching ceremony, last Thursday, (13/10). (source)


Bihar said that JFX are not able to set target the entire trading volume, for the first 3 months since JFX is still promoting and conduct training of syariah commodity to the Islamic Bankers.
“We will focus on socialization and education as our first steps,” said Bihar.
Moreover Bihar said that there are only 3 Islamic banks which prepared to trade in syariah commodity and become a member of JFX:  Bank Syariah Mandiri, Bank Muamalat and Bank HSBC Amanah.
“Currently we are focus primarily to Islamic banks trading first, before dealing with others institutions such as conventional Banks.” exclaimed Bihar.

Source :  http://www.pkesinteraktif.com/english/bank.html - Oct 18, 2011

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