Pause BEI Launches Shariah Indices ?

Whery Enggo Prayogi - detikFinance Jakarta - Indonesia Stock Exchange (BEI) to delay the launch of Shariah Indices to be May 11, 2011, the initial plan was held on 27 April 2011. 


This was conveyed by Secretary IDX Company, in a release received detikFinance, Tuesday (04/26/2011).
"For some reason, the introduction of Shariah Indices to be pushed back implementation May 11, 2011," he said.
This index contains 209 stocks Sharia Islamic berkatagori. This index is expected to increase the number of investors, particularly in areas that still have an understanding of halal or haram to invest in stocks.
According to Director of Development IDX Friderica Widyasari Goddard, Shariah Index has been long awaited by not only the investors or potential investors, but also market participants, such as securities companies and even investment manager. Shariah Index is an index addition of a type that already exists, the Jakarta Islamic Index (JII).
"Shariah Index includes stocks that have got the certification of the National Islamic Council of Indonesia Ulama Council (MUI DSN). Consists of 209 shares and will be reviewed six monthly, in accordance with Sharia Stock List report," said Friderica at the time.
BEI has also pocketed fatwa Trade Mechanism of Equity Shares in Regular Market on 8 March. 'DSN set Fatwa No. 80 of this mechanism. Hopefully, God willing, in the first week of April fatwa has been able to circulate, "said Deputy Secretary to the detikFinance DSN MUI.
BEI in collaboration with Islamic Economic Society (MES) to disseminate and educate in a number of areas. Not only introduce its shares as an investment alternative, to the community, but also to the Kyai in the area. (WEP / dnl source: detik.com 
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