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Indonesia Prepares an Islamic Bonds Industry
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Indonesia Prepares an Islamic Bonds Industry

Our Correspondent
May 26, 2008
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Indonesia Prepares an Islamic Bonds Industry
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indo-centbank

Bank Indonesia Headquarters, Jakarta

In a bid to drive growth in the fledgling Islamic bonds industry, Indonesia’s central bank says it will relax the rules for investors who buy the bonds.

Despite being home to roughly 10 percent of the world’s estimated 1.3 billion Muslims, Indonesia has struggled to build up its Islamic finance industry, lagging well …

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