Jakarta - National Islamic Finance Committee (KNKS), signed a Memorandum of Understanding with Employees Social Security System company, BPJS Ketenagakerjaan, on Tuesday, May 14.

The signing coincides with the launching of Indonesia Islamic Economic Master Plan (MEKSI) 2019-2024 at the headquarters of National Development Planning Agency (Bappenas), with Indonesian President Joko Widodo attending in his capacity as the chairman of KNKS.

With the MoU, both parties agreed to cooperate in developing an employee social security program in line with Islamic principles. They hoped the steps taken will accommodate the need for an Islamic social security, as well as promoting Islamic financial market deepening through investments in Employee Social Security System (BPJS Ketenagakerjaan) in Islamic financial instruments.

Reporter: Cindhi Cintokowati