{
    "success": true,
    "data": {
        "id": 1724827,
        "msgid": "ojk-issues-new-regulation-on-sharia-investment-products-reinforcing-separation-of-customer-funds-1778181222",
        "date": "2026-05-07 15:52:58",
        "title": "OJK Issues New Regulation on Sharia Investment Products, Reinforcing Separation of Customer Funds",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Regulation",
        "summary": "The Financial Services Authority (OJK) has issued a new regulation, POJK Number 4 of 2026, to clearly separate sharia savings products from investment products in Islamic banking, aiming to enhance the sector's competitiveness and credibility. This rule defines sharia investment products as customer funds entrusted to banks under specific contracts where investors bear the risks, applying profit-sharing principles akin to those in advanced markets like Malaysia, UAE, and Saudi Arabia. Effective from 29 April 2026, it provides a two-year adjustment period for existing products, fostering a more inclusive and trustworthy Islamic financial ecosystem in Indonesia.",
        "content": "<p>JAKARTA - The Financial Services Authority (OJK) has issued a new\nregulation that reinforces the separation between savings products and\ninvestment products in Islamic banking through POJK Number 4 of 2026.\nThis decision serves as a concrete step to boost the competitiveness of\nthe Islamic banking industry so that it is no longer overlooked. In its\npress release on Thursday (7\/5\/2026), OJK stated that this POJK\nrepresents an important milestone. The regulation defines sharia\ninvestment products as funds entrusted by customers to Sharia Banks\nunder certain contracts, where the investment risk is borne by the\ninvestor customer. \u201cSharia banking investment products consistently\napply profit and risk sharing principles that reflect the true\ncharacteristics of investments,\u201d states the official OJK explanation on\nThursday (7\/5\/2026). The business model regulated by OJK is not new on\nthe international stage. Countries with advanced sharia financial\nsystems such as Malaysia, the United Arab Emirates, and Saudi Arabia\nhave already implemented it through profit-sharing investment accounts.\nThrough this product, bank customers have an alternative to pursue\nhigher potential returns compared to ordinary savings, provided they are\nprepared for the accompanying risks. POJK 4\/2026 strictly regulates: For\nsharia banks that already have investment products before this\nregulation is issued, OJK provides an adjustment period of up to two\nyears from the date the regulation is enacted or until the contract\nperiod ends. This policy, which takes effect from 29 April 2026, is\nexpected to make Indonesia\u2019s sharia financial ecosystem more\ntrustworthy, inclusive, and provide real contributions to the national\neconomy.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ojk-issues-new-regulation-on-sharia-investment-products-reinforcing-separation-of-customer-funds-1778181222",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}