| Issue Number : 2783

Implementation of Sharia Principles Within Capital Market Updated

The Financial Services Authority (Otoritas Jasa Keuangan- “OJK”) has issued Regulation No. 15/POJK.04/2015 on the Implementation of Sharia Principles in the Capital Market (“2015 Regulation”). The 2015 Regulation offers basic guidance for parties involved in the capital market who wish to implement sharia principles through their business activities.
 
In essence, the 2015 Regulation sets out three main provisions, namely:
1. Requirements for admission into the sharia capital market;
2. Sharia-based transactions and financial instruments; and
3. Sanctions for non-compliance.
......

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The Financial Services Authority (Otoritas Jasa Keuangan- “OJK”) has issued Regulation No. 15/POJK.04/2015 on the Implementation of Sharia Principles in the Capital Market (“2015 Regulation”). The 2015 Regulation offers basic guidance for parties involved in the capital market who wish to implement sharia principles through their business activities.
 
In essence, the 2015 Regulation sets out three main provisions, namely:
1. Requirements for admission into the sharia capital market;
2. Sharia-based transactions and financial instruments; and
3. Sanctions for non-compliance.
......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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