“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Tuesday, January 29, 2008

Bapepam-LK signs deal with Iranian counterpart on sharia cooperation

The Jakarta Post, Jakarta

Indonesia's Capital Market and Non-Bank Financial Institution Supervision Agency (Bapepam-LK) and the Securities and Exchange Organization of Iran (SEO) signed an agreement on Monday to enhance bilateral cooperation, especially in the sharia stock market.

"We're still behind on the development of sharia products. With this agreement I hope there will be some exchange of trainings on the development of sharia products," Bapepam-LK Fuad Rahmany said at the signing ceremony.

He said that mutual cooperation with Iran would be good for Indonesia in terms of developing its sharia market, as Iran's sharia market enjoys total capital of US$50 billion and an average price to earnings ratio of five.

Besides cooperating on the sharia sector, the two countries would also exchange training, information and know-how in order to develop institutional capacity and better regulate and supervise their stock markets.

He said the cooperation with Iran fit within the framework of the International Organization of Securities Commissions, a worldwide association of national securities regulatory commissions.

Djoko Hendratto, head of Bapepam's bureau of investment, said Monday's memorandum of understanding was expected to open up possibilities for each of the two countries to list companies on the other's stock exchange.

Dual listing allows a company to list its shares on more than one stock exchange to improve the liquidity of shares and give investors more trading alternatives.

Erry Firmansyah, head of the Indonesia Stock Exchange, said the exchange had finished drafting a regulation on dual listings and would submit it to Bapepam-LK this week for approval.(ndr)

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