Regulatory AlertsGuidelines for Information Submission by Issuers or Public Companies for the Preparation of the Sharia Securities List and Guidelines for Sharia Securities List Issuers
The Capital Market Supervisory Board issued Regulation No. 40/PADK.04/2025 to establish detailed procedures for information submission by issuers and public companies regarding the preparation of the Sharia Securities List (DES). This regulation implements mandates from POJK No. 8 of 2025 and governs the application, reporting, and withdrawal of approval for the Sharia Securities List Issuer (PPDES) through an online system. It serves as the operational framework for ensuring compliance with Sharia securities listing requirements in the Indonesian capital market.
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Search Regulation / Guidelines for Information Submission by Issuers or Public Companies in the Context of Preparing the Sharia Securities List and Guidelines for Parties Issuing the Sharia Securities List
Sector:
Capital Market
Sub-Sector:
Sharia Capital Market; Securities; Other Regulations
Type of Regulation:
Capital Market Supervisory Board Regulation
Regulation Number:
40/PADK.04/2025
Effective Date:
12/11/2025
Appendix 1
PADK 40-PADK04-2025 Guidelines for Information Submission by Issuers or Public Companies in the Context of Preparing DES and Guidelines for Parties Issuing DES.pdf
Abstract PADK 40-PADK04-2025 Guidelines for Information Submission by Issuers or Public Companies in the Context of Preparing DES and Guidelines for Parties Issuing DES.pdf
FAQ PADK 40-PADK04-2025 Guidelines for Information Submission by Issuers or Public Companies in the Context of Preparing DES and Guidelines for Parties Issuing DES.pdf
Page Content
Capital Market Supervisory Board Regulation
Number 40/PADK.04/2025 concerning Guidelines for Information Submission by Issuers or Public Companies in the Context of Preparing the Sharia Securities List and Guidelines for Parties Issuing the Sharia Securities List
Abstract: To provide guidelines for information submission by issuers and public companies in the context of preparing the Sharia Securities List and guidelines for parties issuing the Sharia Securities List, and in order to implement the mandate of Article 7 and Article 21 paragraph (3) and follow up on the provisions of Article 26, Article 27, Article 28, and Article 30 of Financial Services Authority Regulation Number 8 of 2025 concerning the Issuance of Sharia Securities Lists and Foreign Sharia Securities Lists, it is necessary to regulate its implementing provisions. The legal basis for this Capital Market Supervisory Board Regulation is: Law Number 8 of 1995 as amended by Law Number 4 of 2023; Law Number 21 of 2011 as amended by Law Number 4 of 2023, and POJK Number 8 of 2025. This Capital Market Supervisory Board Regulation regulates information submission in the context of preparing the Sharia Securities List and Guidelines for Parties Issuing the Sharia Securities List (PPDES), which includes applications for PPDES approval, PPDES reporting, applications for PPDES approval withdrawal, and submission of issues regarding applications for approval, reporting, or approval withdrawal submitted online through the system. Note: This Capital Market Supervisory Board Regulation takes effect on the date it is established. This Capital Market Supervisory Board Regulation was established on December 11, 2025. The guidelines for information submission by issuers and public companies in the context of preparing the Sharia Securities List and guidelines for parties issuing the Sharia Securities List in detail are contained in the Appendix which is an inseparable part of this PADK.