Business, Management and Accounting
6 years ago

Shariah-Compliant Bonds Revolutionize Transportation Infrastructure Financing in Indonesia

CSID Journal of Infrastructure Development
Sharia – Compliant Instruments as Innovative Financing for Transportation Infrastructure Development in Indonesia
Suyono Dikun, Fiona Lamari, Ayomi Dita Rarasati, Herawati Zetha Rahman, Devy Anggraeni

Paper Summary

Indonesia needs a lot of money to improve its transportation system. The government doesn't have enough money, so they are looking for new ways to get funds. One idea is to use Shariah-Compliant financing, which follows Islamic rules. This type of financing has been used in other countries for infrastructure projects. The goal is to explore if this could work for Indonesia too.

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