www.depkeu.go.id - Jakarta, 16/4/2012 MoF (Fiscal) News - Capital Market and Financial
Institution Supervisory Agency (Bapepam-LK)
always
encourages the growth and development of domestic Islamic financial
industry. This
was stated by Head Bureau of Accounting Standards and Disclosure of Bapepam-LK Etty Retno Wulandari while
attending
the Islamic Finance News (IFN) Indonesia Forum 2012, on Monday (16/4) at
the
Hotel Mulia, Jakarta.
Thus, the government
through Bapepam-LK in cooperation with the
Indonesia
Stock Exchange (BEI) and the Indonesian Ulema
Council
along with various other stakeholders will always strengthen the
cooperation in
Islamic finance. Bapepam-LK itself is
currently
undertaking a revision to the regulation Number II.K.1 concerning the
Criteria
and Issuance of Islamic securities. The changes cover financial ratio
and the
date of issuance and validity of the List of Islamic Securities (DES). (source)
In addition,
previously, Bapepam-LK has also added 24
stocks to the
List of Islamic Securities (DES). This addition of shares will increase
the
capitalization of Indonesia Islamic Stock Index (ISSI). "The regulations
will be issued in May 2012. This is a manifestation of the government’s
support
in order to encourage the growth of domestic Islamic finance industry,"
she said.
Retno assesses, this
revised regulation number II.K.1 will provide positive impacts to the
development of Islamic Index in Indonesia. "We expect that the revision
of
Bapepam-LK’s regulation will further attract
investors, which in turn will increase the number of Islamic shares in
the
DES," she said. (Ak)Source: http://www.depkeu.go.id/Eng/Read/?type=ixNews&id=23215&thn=2012&name=en_16042012_4.htm - April 16, 2012
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