The Climate Bonds Initiative has launched the Green Infrastructure Investment Opportunities (GIIO) Indonesia report at Indonesia's first ever Green Finance Summit at the Indonesian Stock Exchange in Jakarta today.
Answering the demand from asset management companies, the Indonesia Stock Exchange has launched its third Shariah compliant index called the Jakarta Islamic Index 70 (JII 70), which comprises the 70 most liquid Islamic stocks in Indonesia’s stock exchange.
Shariah compliant financing for SMEs in Indonesia may be more easily available as one Indonesian fintech start-up is coming to market with a digital platform streamlining the Islamic financing process for small and medium businesses, a segment which accounts for about 60% of the nation’s GDP.
A consortium of Chinese and Indonesian firms on Tuesday signed a contract with KCIC, a firm tasked with monitoring the high-speed train project linking Jakarta to Bandung, unveiling the construction phase of the project.
SINGAPORE: An Indonesian entrepreneur and philanthropist is leading the launch of another Shariah compliant cryptocurrency allowing Muslims to fulfill financial obligations as required by the religion with an appropriate Islamic financial instrument.