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KBLI Navigator/Section K/64122
KBLI 64122

Sharia Commercial Banking

Perbankan Umum Syariah

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignHigh RiskDirect Match🏝️✅Registrable in Bali· medium conf.

This covers full Islamic commercial banking operations under sharia principles: taking deposits, providing financing, and offering payment services. It also includes sharia-compliant current accounts that may serve as margin, compensation, or guarantee funds.

What Changed

Direct 1:1 match from KBLI 2020 — code and scope unchanged.

What You Need

Nationally, this activity is 100% open to foreign ownership (PMA). In Bali, it is not blocked, but the local status is 'medium-high to high risk', meaning foreign-owned companies can apply but should expect a more rigorous approval process and must verify per specific address that no additional local restrictions apply.

Who This Is For

Foreign investors or financial institutions aiming to operate a full-fledged Islamic commercial bank in Indonesia, including Bali.

Licensing Overview
Risk LevelTinggi
License TypeNIB + Izin
Foreign Ownership100% Open
Processing3 working days
2020 → 2025
Previous codes (KBLI 2020): 64122
Common Questions
Can foreigners operate a sharia commercial banking business in Indonesia?
Yes. KBLI 64122 (Perbankan Umum Syariah) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.
What license is required for KBLI 64122?
KBLI 64122 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: 3 Hari.
What is KBLI 64122?
KBLI 64122 is the Indonesian business classification code for "Perbankan Umum Syariah" (Sharia Commercial Banking). It falls under Section K of KBLI 2025, the Indonesian Standard Industrial Classification updated by BPS (Regulation 7/2025). The June 2026 KBLI 2025 transition window has closed; operators should verify the code's current OSS/NIB treatment before relying on it for licensing, reporting, or amendments.
How did KBLI 64122 change from KBLI 2020 to 2025?
KBLI 64122 was mapped from previous code 64122 (KBLI 2020). This is a direct match — the code number and scope remained the same. The June 2026 KBLI 2025 transition window has closed. If an NIB still relies on legacy KBLI 2020 mappings, treat the migration as overdue and verify/remediate the OSS record before new license applications, amendments, LKPM, import approvals, or investor/worker sponsorship.

Related Codes

64123Section K

Other Conventional Banking

Perbankan Konvensional Lainnya

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64121Section K

Conventional Commercial Banking

Perbankan Umum Konvensional

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64124Section K

Other Sharia Banking

Perbankan Syariah Lainnya

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64110Section K

Central Bank Activities

Aktivitas Bank Sentral

→
🏝️🚫Closed (sector regulator)✅Open· 100% nat'l · blocked in BaliLow Risk
64191Section K

Conventional Cooperative Lending

Aktivitas Pemberian Kredit oleh Koperasi Konvensional

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64192Section K

Sharia Cooperative Lending

Aktivitas Pemberian Kredit oleh Koperasi Syariah

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
🏢

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