Indonesian Government Offers Retail Green Savings Sukuk ST008 to Finance Environmentally Friendly Projects

The Government of Indonesia has officially opened the offer period for Retail Green Sukuk - Savings Sukuk ST008 for individual local investors. According to a statement issued by the Directorate General of Financing and Risk Management, Ministry of Finance, the bidding period for ST008 will take place from the 1st to the 17th of November 2021.

Why it Matters?

ST008 is the third Retail Green Sukuk issuance from the Government of Indonesia and demonstrates the Government’s interest in developing the Islamic financial market as well as taking steps to overcome climate change, via the issuance of sustainable financing instruments. The Government will finance environmentally friendly projects including resilience to climate change and sustainable tr...