Hiramsyah mengatakan, rencana penerbitan sukuk untuk membiayai proyek city property dan pengembangan landed residensial milik ELTY yaitu Bogor Nirwana Residence BNR, Ijen Nirwana Residence Malang dan Batam Nirwana Residence Batam.
He said the company would use proceeds from the planned issuance of sharia bonds to finance a number of projects including Bogor Nirwana Residence BNR, Ijen Nirwana Residence in Malang, East Java, and Batam Nirwana Residence in Batam.