You are here

Indonesia taking centre stage in global sukuk race

It is issuing such debt for 5th year running; sales in past 4 years tote up to US$5b, ahead of Malaysia's US$3.25b and Qatar's US$2b
Wednesday, January 14, 2015 - 05:50

Kuala Lumpur

INDONESIA is the most regular issuer of global sovereign sukuk even as its Islamic banking assets and local-currency sales lag behind Malaysia.

Finance Minister Bambang Brodjonegoro said on Jan 9 that the Jakarta government will offer international sukuk in the first