| Issue Number : 3353

OJK Regulates Gradual Public Offerings of Sukuk and Deductions of Sharia Duty by Issuers

The Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has issued Regulation No. 3/POJK.04/2018 (“Amendment”) on the Amendment to Regulation of the OJK No. 18/POJK.04/2015 on the Issuance of and Requirements for Sukuk (“Regulation 18/2015”) in order to accommodate the implementation of gradual public offerings of sukuk (sharia bonds) and deductions of sharia duty (zakat).
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The Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has issued Regulation No. 3/POJK.04/2018 (“Amendment”) on the Amendment to Regulation of the OJK No. 18/POJK.04/2015 on the Issuance of and Requirements for Sukuk (“Regulation 18/2015”) in order to accommodate the implementation of gradual public offerings of sukuk (sharia bonds) and deductions of sharia duty (zakat).
......

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