Sanad
Home › Sukuk › Indonesia PP SBSN III (US71567RAU05)

Is Indonesia PP SBSN III (US71567RAU05) halal?

Sukuk
Questionable

Indonesia PP SBSN III (US71567RAU05) passes Sanad's Shariah screen for Sukuk.

Key facts

ISINUS71567RAU05
StructureWakala (agency)
CurrencyUSD
Profit rate2.3%
Credit ratingsS&P BBB · Moody's Baa2 · Fitch BBB
TrusteePerusahaan Penerbit SBSN Indonesia III

Underlying assets

Ijara properties (plots of land held by various Indonesian ministries including Ministry of Energy and Mineral Resources, Ministry of Health, Ministry of Finance, Ministry of Public Works and Public Housing, and Ministry of Transportation) and project assets (flood control, water retention basin management, ground water and raw water provision projects across Indonesian provinces)

Read the prospectus ↗

Go deeper on Sanad

Free to look up. These parts are included with a free trial or Sanad Pro.

Frequently asked questions

Is Indonesia PP SBSN III (US71567RAU05) halal?

Indonesia PP SBSN III (US71567RAU05) passes Sanad's Shariah screen for Sukuk.

What is a Sukuk?

A Sukuk is an Islamic financial certificate that represents ownership in an asset or project, so holders earn a share of its returns rather than interest on a loan.

Other Sukuk

Automated screen based on the sources cited above, not a fatwa; scholars differ. Not investment advice.