Islamic Finance

Indonesia planning waqf-based and diaspora sukuk


Photo: Jakarta, Indonesia - August 21 2015: Cars and buses rush through the Plaza Indonesia roundabout in Jakarta business district / AsiaTravel / Shutterstock.com

JAKARTA – Bank Indonesia, the country’s central bank, last week released plans for new sukuk based on waqf and remittances from Indonesian workers abroad in a bid to diversify and raise funding for the country’s infrastructure projects.

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tags:

Awqaf
Endowments
Remittance
Sukuk
Waqf