INDONESIA - BANKING - Bukopin Syariah launches Islamic Waqf product

Jakarta (16 / 8) To provide services to its customers and the community in funding endowments, PT Bank Syariah Bukopin (BSB) in collaboration with the National Endowments Indonesia (BWI) launched the cash waqf.

According to the Managing Director of BSB Riyanto, these products as one of the alternative products that can be owned by its customers. "It used to shape the form of asset endowments. But now cash and can not be eternal, but it can be futures," he said in a joint opening ceremony here on Monday (15 / 8). (source)