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ARTICLE · 14 MAY 2024

Indonesia Regulatory Update – Sharia Futures Commodity Trading

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The Indonesian Commodity Futures Trading Supervisory Body (Badan Pengawas Perdagangan Berjangka Komoditi or "Bappebti") has introduced a sharia-based physical commodity...

IndonesiaFinance and Banking
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The Indonesian Commodity Futures Trading Supervisory Body (Badan Pengawas Perdagangan Berjangka Komoditi or "Bappebti") has introduced a sharia-based physical commodity market in the framework of strengthening the liquidity of commodity futures trading transactions and implementing an organized, sharia-based physical market.

Bappebti Regulation No. 5 of 2024 regarding the Implementation of Physical Commodity Markets Based on Sharia Principles at Futures Exchanges ("Bappebti Reg. 5/2024") became effective on March 28, 2024. The acting head of Bappebti, Dr. Ir. Kasan, MM, said in a statement that with the issuance of this regulation the implementation of sharia-based physical commodity markets is expected to become easier and more transparent.

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