National Shari'a Board - Indonesian Council of Ulama Fatwa No. 65 of 2008 on Rights Issues

This fatwa defines shari'a rights issues as rights to shares included in the Shari'a Stock Listing (Daftar Efek Syariah) that enable share-holders to purchase new stock, including shares, stock that can be converted to become shares, and rights to purchase shares, before they are offered to other parties. The fatwa permits public companies to issue rights issues, while also permitting rights issue-holders to sell those rights to other parties.

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