Indonesia’s government considering retail green sukuk for 2020
SURABAYA – Indonesia’s government is considering selling retail green sukuk as one of its sovereign issuances next year to address rising interest from millennial investors, said Dwi Irianti, director of Islamic finance at the ministry of finance on Thursday.
Speaking to delegates at an industry event, the official said the ministry of finance is currently working with the United Nations Development Programme (UNDP) to measure investor interest.
Demand for Shariah-compliant investment products that are aligned with the Sustainable Development Goals (SDGs) are high, she said, referring to the government’s Sukuk Tabungan ST-004 series, of which half of buyers are millennials.
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