INDONESIA: The Financial Services Authority of Indonesia or Otoritas Jasa Keuangan (OJK) has issued two new guidelines: the Shariah Banking Products and Activities Guidelines, and the Shariah Rural Banks Risk or Bank Pembiayaan Rakyat Syariah (BPRS) Management Guidelines.
The guidelines are expected to provide comprehensive references for Shariah banks and BPRS in developing and managing their products and activities.
