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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:

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