www.thejakartaglobe.com - Indonesia will let Shariah-compliant banks hedge against exchange-rate
movements to spur growth in Islamic financial assets and narrow the gap
with Malaysia’s industry, which is seven times larger.
Bank
Indonesia, the National Shariah Board and the Indonesia Institute of
Accountants have approved the instruments, available in Malaysia since
2006, Adiwarman Azwar Karim, Jakarta-based vice chairman of the board’s
Islamic capital market working committee, said in an Aug. 3 interview.
The central bank said it is working on regulations, declining to say
when they would be finished. (source)
Showing posts with label estiadi. Show all posts
Showing posts with label estiadi. Show all posts
Tuesday, August 07, 2012
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