IIF Invests Rp 400 Billion in Indonesia's First Syariah-Compliant EBA KIK

Historic Investment in Sustainable Infrastructure

PT Indonesia Infrastructure Finance (IIF) has made a significant investment of Rp 400 billion in the inaugural Syariah-compliant Kontrak Investasi Kolektif Efek Beragun Aset (KIK EBA Syariah) in Indonesia. This investment was executed through the BRI-MI Jakarta Lingkar Baratsatu (BJLB1) product, which is backed by toll revenue rights from the Jakarta Outer Ring Road (JORR) W1 section connecting Penjaringan and Kebon Jeruk ¹

Milestone in Islamic Finance Development

The KIK EBA Syariah BRI-MI Jakarta Lingkar Baratsatu has been successfully listed on the Indonesia Stock Exchange, marking a significant milestone in the development of Shariah-based investment products in the country's capital market. This achievement demonstrates market recognition of innovative Islamic financial instruments in Indonesia ²

Key Features of the Investment

• Rp 400 billion investment by IIF in the inaugural KIK EBA Syariah
• Product managed by PT BRI Manajemen Investasi (BRI-MI)
• Backed by toll revenue rights from Jakarta Outer Ring Road (JORR) W1
• Listed on the Indonesia Stock Exchange, enhancing market liquidity
• Represents a significant step in developing Indonesia's Islamic finance market

Market Impact and Future Prospects

This investment is expected to have a positive impact on Indonesia's infrastructure development while promoting the growth of Islamic financial products in the capital market. The success of this product is likely to pave the way for further Shariah-compliant financial innovations in Indonesia.