News Life and Health06 Dec 2017

Indonesia:First Shariah insurance company goes public

| 06 Dec 2017

PT Asuransi Jiwa Syariah Jasa Mitra Abadi (JMA Syariah) plans to launch an initial public offering (IPO) this month, the first Islamic insurer to go public on the Indonesia Stock Exchange. The IPO is expected to raise up to IDR60 billion (US$4.44 million).

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