Showing posts with label absindo. Show all posts
Showing posts with label absindo. Show all posts

Monday, July 09, 2012

INDONESIA - FINANCE - BMT INDUSTRIES apex institutions need

www.bisnis.com - JAKARTA: Perpetrators of sharia-based microfinance institution of Baitul Maal wa Tamwil asked the government to set up as an apex institution regulatory agencies and inspectors.
Chairman of the Association of Baitul Maal wa Tamwil Indonesia (ABSINDO) Aries Muftie said with the apex, Baitul Maal wa Tamwil (BMT) are scattered in the area could operate better.
"With the apex, more scalable performance and BMT may be more developed. Absence of functioning as an apex institution to make our activities, such as financing and distribution of the velocity of money that we manage, unrecorded and unsupervised," he said on Thursday (5/7) (source)

Friday, September 24, 2010

CAPITAL MARKETS - SUKUK - Absindo will issue its first Sukuk

Jakarta, (16/8). Based on investor demand, (Absindo) will issue its first sukuk. The chairman of Absindo, Aries Mufti confirmed that ABSINDO will issue sukuk with purpose to strengthen the working capital and networking of BMT which has been connected with Absindo.

“We perceived that sukuk is an effective instrument to raise funds in developing BMT: said Aries.