The Potential of Issuance Sukuk Region for Infrastructure Financing in Special Region of Yogyakarta, Indonesia

Authors

  • Gina Nabilah Islamic University of Indonesia, Indonesia
  • Ahmad Hidayatullah Islamic University of Indonesia, Indonesia

Keywords:

Sukuk Region, Infrastructure Financing Yogyakarta, Economic

Abstract

The Special region of Yogyakarta (simply Yogyakarta) is one of the provinces in Indonesia which has stable economic and investment condition. Pursuant to this situation, Yogyakarta has great potential in issuing regional sukuk as a stimulus of infrastructure financing to overcome the obstacles at the local level so as to support the acceleration in the development of infrastructure that has been designed. This paper aims to know an overview in financing infrastructure and preparedness in its publication. Descriptive methods by utilizing secondary data and existing publications as our study objective. So based on the analysis we found that Yogyakarta is ready to issue the regional sukuk because it is supported by a clear underlying asset, relatively stable economic and investment conditions and urgency of infrastructure development that designed in the 2012-2017 Regional Medium-Term Development Plan (RPJMD) 2012-2017.

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Published

2019-09-22

How to Cite

Nabilah, G., & Hidayatullah, A. (2019). The Potential of Issuance Sukuk Region for Infrastructure Financing in Special Region of Yogyakarta, Indonesia. Asian Interdisciplinary and Sustainability Review, 6(2), 147–152. Retrieved from https://so05.tci-thaijo.org/index.php/PSAKUIJIR/article/view/217422