INDONESIA - BANKING - BRISyariah iB, Fruitful Gold Savings

Jakarta, (5 / 10) - Mobility today's society is so fast. So all things including the financial transactions required to move quickly as well. Therefore needed financial products that facilitate financial transactions anytime anywhere plus give you peace and blessings.

Is there a financial product like that? Savings BRISyariah iB is the answer. This product is a savings product from Bank Rakyat Indonesia (BRI) Sharia, which is dedicated for individual customers who want the ease of financial transactions. (source)

CAPITAL MARKETS - Sukuk Sales on Hold Until House Gives Approval

Indonesia has postponed Islamic bond sales for the past eight weeks as legislators delay approvals needed for new securities.

The government postponed auctions of rupiah sukuk due in five, 10 and 15 years on May 31 and June 14. Local companies have sold Rp 200 billion ($23 million) of Islamic bonds this year, compared with Rp 700 billion in 2010.  (source)