Indonesian Government Offers Retail Sukuk SR015 with Fixed Yield of 5.10% per Year

The Indonesian Government through the Directorate General of Financing and Risk Management at the Ministry of Finance, is offering state Shariah securities – the retail Sukuk SR015 series – with a fixed yield of 5.10% per annum.

Why it Matters?

The SR015 retail Sukuk was created to aid the development of the Islamic economy in Indonesia as well as the worldwide market. According to Iyan Rubianto, Secretary of the Directorate General of Financing and Risk Management at the Ministry of Finance, Retail Sukuk is mainly issued as a source of financing for the State Revenue and Expenditure Budget (APB...