Exploring Non-Rupiah Funding Routes and Shariah Compliant Options for Indonesian Corporate Issuers

IFN OnAir

Introduction

Vineeta Tan, Managing Editor and Director, Islamic Finance news
Exploring Non-Rupiah Funding Routes and Shariah Compliant Options for Indonesian Corporate Issuers

• The Indonesian corporate finance market and how it has evolved.
• Assessing funding options for Indonesian corporate issuers: capital markets vs bank financing vs alternative funding (P2P and equity crowdfunding).
• Offering an overview of the legal, tax and regulatory environment for Indonesian corporate capital raising.
• Rupiah versus non-Rupiah denominated corporate financing and capital raising activities.
• Shariah bank and syndicated financing versus the Islamic capital markets: comparisons and contrasts.
• Common non-Rupiah Sukuk structures and their applications for corporate issuers.
• Balance sheet management: asset-based versus asset-backed structures, and Rupiah versus non-Rupiah.
• Other key considerations for potential issuers of Shariah compliant facilities: tenor, rating, risk management, liquidity, credit enhancement, investor base.
• The opportunities offered by Shariah compliant, non-Rupiah green, transition and sustainability linked capital raising products.

Moderator:

Elias Moubarak, Partner, Trowers & Hamlins

Panelists:

Aditya N W Martowardojo, Director Corporate Client Solutions, PT CIMB Niaga Sekuritas
Bilal Parvaiz, CEO, Standard Chartered Saadiq
Ritesh Agarwal, Head of Debt Capital Markets, Investment Banking, Emirates NBD Capital
Romy Buchari, Shariah Banking Director, Maybank
Zach Ang Chiang Yong, Head, Asia Clients, GLCs and Financial Sponsors, CIMB