INDONESIA: The Indonesian government has opened the offering period for its retail Waqf Sukuk series SWR005 from the 9th August to the 9th October 2024. The Sukuk carries a tenor of two years with a profit rate of 6.5% floating with floor.
The issuance of Sukuk Waqf Retail series SWR005 is one form of the government’s commitment to support the National Cash Waqf Movement, assisting in the development of social investment and the development of productive Waqf in Indonesia.
