Regulatory Alerts2010-08-30
Bank Indonesia Regulation Number 12/18/PBI/2010 Concerning Amendment to Bank Indonesia Regulation Number 10/11/PBI/2008 on Bank Indonesia Sharia Certificate
Bank Indonesia issued Regulation Number 12/18/PBI/2010 to amend the provisions of Regulation Number 10/11/PBI/2008 regarding the issuance and management of Bank Indonesia Sharia Certificates. This regulatory update modifies the operational framework and requirements for Sharia-compliant monetary instruments to ensure alignment with current financial standards. The amendment aims to enhance the efficiency and transparency of the Sharia certificate market within Indonesia's monetary system.
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