Waqf Sukuk Considered an Attractive Alternative Investment Option in Indonesia: Financial Services Authority

Indonesia’s Financial Services Authority (OJK) has stated that Waqf Sukuk can be an attractive alternative investment option for Indonesian investors in the future, according to local media reports.

According to Hoesen, Executive Head of the Capital Market at OJK, who was speaking at the Shariah Investment Week 2020, the development of Waqf Sukuk is attractive to investors as it combines both business and spiritual aspects.

Hoesen added that the development of Waqf Sukuk and Waqf assets is an important component of helping Indonesia achieve its target of becoming the centre of the Halal industry, while noting that the Islamic capital market was expected to play a vital role a...