In order to support the development of strong banks and to able to handle digital developments, [1] the Financial Services Authority (Otoritas Jasa Keuangan- “ OJK ”) is currently preparing a Draft Regulation on Sharia Comemrcial Banks (“ Draft Regulation ”). Once the Draft Regulation comes into force, the following legal frameworks will be replaced and repealed: [2]
Draft Regulation of the OJK on Sharia Commercial Banks: Paid-Up Capital Levels Increased
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