INDONESIA - FINANCE - Shariah ETF Mutual funds need to be published

www.bisnis.com - JAKARTA: The company challenged the asset management mutual fund products issued Exchange Trade Fund (ETF) based on operational after the stock market authorities to unite in a group of Jakarta-based Islamic Shariah Index (JSI) and Indonesia Sharia Stock Index (ISSI).
Deputy Secretary Daily Board of the National Sharia Council (DSN) Kanny Hidaya said the market opportunity based Islamic capital market, especially mutual funds in Indonesia is large enough to see the population of this country with the largest Muslim population.
"After some time the stock ETF is launched, it should present an asset management company dared to publish Islamic ETF products," he said in a discussion session on Market Development of Islamic Indonesia, today (Thursday, April 5, 2012).  (source)