INDONESIA - REGULATIONS - BI-term review of the rules of Islamic forex

www.bisnis.com - JAKARTA: Bank Indonesia is conducting a study to create a kind of instrument placement of foreign currency deposits for Islamic banking.
Difi A. Johansyah, Director of Public Relations Group of Bank Indonesia (BI), said the central bank's Monetary Management Department is conducting studies to instrument placement deposits (term deposits) of foreign exchange which currently only exist in the conventional, can be adopted by Islamic banks.
Along with the move, the central bank is also being carried out studies of the regulation of Islamic monetary operations are expected in the not too old to do the adjustment.
"So the next target of Islamic banks can also avail of foreign currency deposit scheme similar term," he told Business Today Sunday, June 10, 2012.  (source)