Showing posts with label islamic capital markets. Show all posts
Showing posts with label islamic capital markets. Show all posts

Monday, August 06, 2012

INDONESIA - REGULATIONS - Capital Markets : contract of Istisna and Musharaka

www.bapepam.go.id - PRESS RELEASE - ISSUANCE OF REGULATIONSSUPERVISORY BOARD CAPITAL MARKET AND FINANCIAL INSTITUTIONSOn this day, Wednesday, August 1, 2012, Bapepam-LK issued a regulation is Regulation No. IX.A.14, attachment, and the Chairman LK Number: KEP-430/BL/2012 dated August 1, 2012 of the Agreement, the Agreement Used in the issuance of Islamic securities in the capital market. This regulation is Rule Number IX.A.14 improvements, attachment, and the Chairman LK Number: KEP-131/BL/2006 dated 23 November 2006 concerning the Agreement, the Agreement Used in the issuance of Islamic securities in the capital market.Completion of these regulations, especially related to the addition of contract Musharaka is a new contract and the contract Istishna. It aims to support Islamic Capital Markets industry needs with a wider range of variation of the contract and potential that can be used in the issuance of Islamic securities in the capital market. (source)

Monday, June 25, 2012

INDONESIA - EVENTS - Government Seriously Develops Indonesian Islamic Financial Industry

www.depkeu.go.id - Jakarta, 20/6/2012 MoF(Fiscal) News - Opening the International Conference on Islamic Capital Market in Jakarta on Tuesday, Vice Minister of Finance I Anny Ratnawati conveyed that the government of Indonesia commits to develop Sharia financial industry as a part of national economic development. This commitment is reflected in the development of Islamic investment products (State Islamic Securities/Sukuk), which are periodically issued by the government through Ministry of Finance.
She explained, the development of Sharia investment products is higher than the conventional ones since the issuance of law and regulations related to the Islamic financial industry in 2008. “The amount of sukuk issued by the government on December 31, 2008 was only USD429 million. Yet, it increased by 1.898 percent to USD8.57 billion on December 31, 2011,” she said. Meanwhile, the amount of the government bonds increased of around 49 percent from USD82.35 billion to USD122.40 billion in the same period. Therefore, she welcomed investors’ enthusiasm in each Sharia investment product issued. (source)

Sunday, June 24, 2012

INDONESIA - EVENTS - Intl Conference Islamic Capital Markets Jakarta

 PRESS RELEASE
INTERNATIONAL CONFERENCE ON ISLAMIC CAPITAL MARKET IN 2012
"Toward Resilient, Robust, and Competitive Islamic Capital Markets"
Jakarta, 19-20 June 2012
I. International Conference on Islamic Capital MarketA. International Conference on Islamic Capital Market in 2012 was held in cooperation between the Capital Market Supervisory Agency and Financial Institution Supervisory Agency (Bapepam-LK) by the Islamic Research and Training Institute, Islamic Development Bank (IDB-IRTI).
2. The purpose of this conference is to learn more Islamic capital market role in the Islamic financial system and how it impacts on the increased investment, market stability, and an equitable socio-economic development. 
3. In addition, the conference is to be one potential means to introduce Islamic capital market in Indonesia to the international community in developing and strengthening relations between the Islamic capital market regulator Bapepam-LK as with other state regulators and market participants
4. Furthermore, the main focus of this conference is to discuss current matters relating to Development and prospect; Market Reform and Infrastructure Development: Regulatory aspect of Islamic capital markets; and Strategy for development of capital market products for public sector financing. The discussion will be divided into two main parts, namely the panel discussions and paper presentations.BAPEPAM-LK (source)

Tuesday, March 08, 2011

PUBLICATIONS - Article - Islamic Capital Market Interconnection : Evidence from Jakarta Islamic Index to The Regional Islamic Market and Global Islamic Market

Islamic Capital Market Interconnection : Evidence
from Jakarta Islamic Index to The Regional Islamic
Market and Global Islamic Market


Eka Siskawati

Accounting Department, Polytechnic State of Padang
Kampus Unand. Limau Manis, Padang, Indonesia
Tel.:+62 751 72590, E-mail: ekasiskawati@yahoo.co.id

Proceeding of the International Conference on Social Science, Economics and Art 2011
Hotel Equatorial Bangi-Putrajaya, Malaysia, 14 - 15 January 2011
(source)