Islamic Banking (Syariah Banking Law)

Overview

Islamic banking in Indonesia is regulated under Law Number 21 of 2008 concerning Islamic Banking and supervised by the Financial Services Authority (OJK), with Sharia compliance overseen by the National Sharia Council (DSN-MUI).

Islamic financial transactions involve unique contractual principles such as murabaha (cost-plus financing), musyarakah (partnership), mudarabah (profit-sharing), ijarah (leasing), and sukuk issuance. These structures must comply with both statutory financial regulations and Sharia principles.

Luthfi Yazid DHH Law Firm advises Islamic financial institutions, corporations, and investors in structuring Sharia-compliant transactions that are legally enforceable and commercially effective.

How We Can Help

• Structuring and documenting Sharia financing agreements.
• Advising on sukuk issuance and Islamic capital market compliance.
• Reviewing Sharia compliance of financial products.
• Ensuring adherence to OJK regulations and Sharia Supervisory Board requirements.
• Representing clients in disputes involving Islamic financial transactions.

Our Approach

We integrate deep understanding of financial regulations with Sharia contractual principles. Our approach ensures that Islamic banking transactions achieve commercial objectives while maintaining regulatory and religious compliance.