Photographer: Dimas Ardian/Bloomberg

Indonesia Turns to Islamic Savings Bonds to Plug Revenue Shortfall

Updated on
  • Government planning sukuk targeted at individuals this month
  • ‘Savings sukuk is really something quite innovative:’ Union

Indonesia plans to sell its first Islamic savings bonds this month, as the government innovates to plug a $16.7 billion revenue shortfall caused by the global commodity slump.

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