INDONESIA - CAPITAL MARKETS - Only 3 Percent, Not Good growth of Sukuk

WWW.REPUBLIKA.CO.ID, JAKARTA - The growth of high sukuk in 2012 can not be used as a benchmark to determine the good or the development of Islamic bonds. Despite growing more than 100 percent, compared to conventional bonds, sukuk growth is still very small.

In 2011, sukuk issued only Rp 200 billion by the two issuers. In 2012, there were one issuer that issued the sukuk worth Rp 250 billion,