Issuance of Sharia Securities List and Foreign Sharia Securities List: Key Insights from OJK Reg. 8/2025

On 10 April 2025, the Financial Services Authority ("OJK") issued OJK Regulation Number 8 of 2025 on concerning Criteria and Issuance of the Sharia Securities List (“OJK Reg. 8/2025”), amending the OJK Regulation Number 35/POJK.04/2017. The issuance of OJK Reg. 8/2025 is aimed at improvements on the application of sharia principles in capital market, particularly regarding the required sharia financial ratio as the selection criteria. the said regulation also refocuses regulations on entities beyond invest managers that issue sharia securities list, enhancing transparency and reporting by issuers and companies. Find out more our insights about this topic in our Legal Brief public

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