Photo: Stacks of hundreds of 100,000 rupiah banknotes on a table in Makassar, Indonesia, on July 18, 2019. Herwin Bahar/Shutterstock

Islamic Finance

Indonesia central bank buys long-term sovereign sukuk at auction following rule change


JAKARTA – Indonesia’s central bank made its first direct purchase of long-term government sukuk in primary auctions on Tuesday and Wednesday following a relaxation of regulations to help the sovereign finance additional spending to tackle the COVID-19 pandemic crisis, Onny Widjanarko, Executive Director Communications Department told Salaam Gateway.  

Continue reading

Free, in under 30 seconds

Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.

Joined by 12,000+ Islamic economy professionals
  • 5 free articles every month
  • Weekly Islamic-economy newsletter
  • Save articles to read later

tags:

Sukuk
COVID-19