Indonesia: Syariah securities and public offerings
Ali Budiardjo Nugroho Reksodiputro, Jakarta |
November 01, 2009
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Ali Budiardjo Nugroho Reksodiputro
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Jakarta 12190
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Recently the Indonesian Capital Market and Financial Institution Supervisory Board (Bapepam-LK) updated some of its regulations to boost the financial and capital markets on (i) syariah securities issuance, and (ii) public offering of securities.
The revised Syariah Securities Issuance Regulation (Regulation IX.A.13), which was issued on June 30 2009 and came into force on the same day, expands the definition of a syariah deed...
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