Lexology Panoramic: Islamic Finance & Markets 2026 - Indonesia

10 November 2025

AGI Legal Partners Elsie Hakim, Giffy Pardede, Aris Budi Prasetiyo, and Kevin Sidharta contributed the Indonesia chapter to Lexology Panoramic: Islamic Finance & Markets 2026, published by Law Business Research. The chapter outlines the regulatory, institutional, and market framework for Islamic finance in Indonesia. Topics covered include the main regulations governing Islamic finance, supervision of the Islamic finance market, contractual concepts such as mudarabah (profit-sharing partnership separating responsibility for capital investment and management), murabahah (cost-plus-profit agreement), musharakah (profit-sharing joint-venture partnership agreement), ijarah (lease-to-own agreement), and wadiah (safekeeping agreement), the regulation of sukuk and takaful, and recent trends.