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

IntroductionVineeta Tan, Managing Editor and Director, Islamic Finance newsExploring 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 & HamlinsPanelists:Aditya N W Martowardojo, Director Corporate Client Solutions, PT CIMB Niaga SekuritasBilal Parvaiz, CEO, Standard Chartered SaadiqRitesh Agarwal, Head of Debt Capital Markets, Investment Banking, Emirates NBD CapitalRomy Buchari, Shariah Banking Director, MaybankZach Ang Chiang Yong, Head, Asia Clients, GLCs and Financial Sponsors, CIMB