INDONESIA - ZAKAT - Baznas-MUI Fatwa Association Launches Book of Zakat

Jakarta (25 / 8) - The National Agency for Amil Zakat (Baznas) in collaboration with the Indonesian Ulema Council (MUI) has launched a book set Zakat MUI fatwa. The book contains a collection of zakat fatwa from 1982 to 2011 this was launched at the Office MUI Jl. Proclamation No.. 51 Jakarta, Wednesday (24 / 8) afternoon. (source)

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.