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Indonesia Eyes Middle East Buyers for Fresh Round of Sukuk Bond Sales

Published: 02/09/2011 04:25:03 PM GMT
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Islamic bonds, known as sukuk , comply with Shariah law by using asset returns to pay investors instead of offering interest. When Indonesia sold $650 (more)

Islamic bonds, known as sukuk , comply with Shariah law by using asset returns to pay investors instead of offering interest. When Indonesia sold $650 million of its first-ever Islamic dollar bonds in April 2009, buyers from the Middle East bought 30 ...

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