CAPITAL MARKETS - IDX Prepared to Unveil Its First Shariah Equities Index

The Indonesia Stock Exchange plans to launch its first index of Shariah-compliant companies next week as part of efforts to diversify the country’s investor base and attract more investment from the Middle East.

The Indonesian Shariah Stock Index is expected to make its debut on Wednesday.  (full story)

FINANCIAL MARKETS - Indonesian Sukuk Extends Record Loss on Food, Fuel Prices: Islamic Finance

Indonesia’s dollar Islamic bonds fell for a second week, after a record decline last quarter, as concern inflation will quicken outstripped optimism the nation will win an investment-grade rating.

FINANCIAL MARKETS - Indonesia Sukuk Drop as Inflation Curbs Demand: Islamic Finance

By Soraya Permatasari and Suryani Omar

 

Jan. 14 (Bloomberg) -- Indonesia’s dollar Islamic bonds fell for a second week, after a record decline last quarter, as concern inflation will quicken outstripped optimism the nation will win an investment-grade rating.