INDONESIA - CAPITAL MARKETS - Trade and Services Sector Shares Sharia Domination

www.pkesinteraktif.com - Jakarta (29/2) - Currently in stock sharia, trade, services, and investment is the most dominant sector. This was disclosed Head of Market Development Indonesia Stock Exchange (BEI) Irwan Abdalloh to pkesinteraktif.com few days ago.

He said 237 shares of sharia, trade, services, and investment has its share of 28%. The rest was divided on agriculture, mining, various industrial, commercial goods industry, property, and infrastructure.

"As the number of stocks that move in this sector (trade, services, and investments) at most, then this sector is also the most demanding investors," he said. (source)

INDONESIA - REGULATIONS - Regulations prohibit growth of corporate sukuk

www.pkesinteraktif.com - Jakarta (24/2) - corporate Sukuk are not experiencing significant development. This is because existing regulations do not currently support the development of sukuk itself.

"Sukuk? In the regulation of GAAP and tax incentives that problem. Now look at the movement of corporate sukuk are relatively quiet. It was recognized by friends of the regulator, "said Head of Market Development Indonesia Stock Exchange (BEI) Irwan Abdalloh when met at the University of Gunadarma Depok, on Thursday (24/2). (source)

CAPITAL MARKETS - Indonesian stock exchange launches sharia index

Jakarta (ANTARA News) - PT Bursa Efek Indonesia (BEI) officially launched the Indonesia Sharia Stock Index (ISSI) here on Thursday as a reference for investors in sharia shares.

BEI president director Ito Warsito said he hoped the index could become a main indicator that reflects the entire performance of sharia shares listed in BEI. (full story)