Community Bonding
Tuesday, October 8, 2002
Indosat has begun to seek alternative investment with the launch of its non-interest-bearing Syariah bonds. What are the prospects for success?
On October 2, Indosat, the government-owned telecommunications company, launched a new product _ Syariah bonds. Unlike ordinary bonds, Syariah bonds are halal, which means that they follow the precepts of Islamic law, which prohibits profit based on interest.
Indosat's decision to issue Syariah bo
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