The Board of Commissioners of the Financial Services Authority has issued a decree No. Kep-56/D.04/2016 on Sharia Securities List that will take effect on December 1, 2016.
OJK saw that there was huge potential in remittances from Indonesian diaspora and those remittances could be used to fund the country's development when invested in Diaspora Sukuk (Islamic bonds).
Chairman of Board of Commissioners of OJK said that Sharia Finance could become one of the solutions for the world towards Sustainable Development Goals established by the United Nations.
President Jokowi received Global Islamic Finance Leadership Award 2016 at the Global Islamic Finance Award ceremony held by OJK in collaboration with EdBiz Consulting, a UK-based Sharia financial consulting company.
OJK hosted International Conference on Sharia Finance, on the theme of "Revitalizing Islamic Finance in the New Normal Era." The event was held to draw up strategies for developing Sharia finance ahead.
OJK holds the 15th (FREKS) from September 6 to September 8, 2016, at Mataram University Campus, West Nusa Tenggara. This year's theme is "Promoting Sharia Finance's Unique Features amid Tougher Competition among Financial Services Industries.
OJK has been promoting Sharia Finance, which has grown rapidly within the last five years both in terms of the number of companies and sharia financial assets in banking, non-bank financial institutions, and capital market sectors.
OJK continues to expand Laku Pandai branchless banking program for financial inclusion, including through Sharia banking industry. This effort has been implemented by inaugurating Laku Pandai program at BRI Syariah rural bank in Mataram.
The issuance of this decision is a follow-up measure taken after evaluating result of OJK`s examination on the fulfillment of Sharia securities criteria, which had been conducted to review registration statement submitted by PT Indonesia Pondasi Raya...
The issuance of this decision is a follow-up measure taken after evaluating result of OJK`s examination on the fulfillment of Sharia securities criteria, which had been conducted to review registration statement submitted by PT Dua Putra Utama Makmur...
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