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KBLI Navigator/Section K/64124
KBLI 64124

Other Sharia Banking

Perbankan Syariah Lainnya

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

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

This category covers other Islamic banking activities based purely on Sharia principles, distinct from conventional banking. It includes institutions like Sharia Rural Banks (Bank Perekonomian Rakyat Syariah) that collect public savings and investments then distribute financing without providing payment transfer services.

What Changed

KBLI 2020→2025 mapping: codice rinumerato.

What You Need

Nationally, this KBLI is fully open to 100% foreign ownership. In Bali, it is not blocked by the general moratorium, but due to its medium-high or high-risk classification, registration will require case-by-case verification, especially regarding the business address and compliance with local financial regulations.

Who This Is For

Foreign entrepreneurs or institutions with proven expertise in Islamic finance looking to establish a Sharia-compliant microbank or rural bank in Bali, ready to navigate stricter licensing and regulatory scrutiny.

Licensing Overview
Risk LevelTinggi
License TypeNIB + Izin
Foreign Ownership100% Open
Processing3 working days
2020 → 2025
Previous codes (KBLI 2020): 85451— Auto-matched to 85451 (Pendidikan Pesantren Lainnya...) score=68%
Common Questions
Can foreigners operate a other sharia banking business in Indonesia?
Yes. KBLI 64124 (Perbankan Syariah Lainnya) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.
What license is required for KBLI 64124?
KBLI 64124 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: 3 Hari.
What is KBLI 64124?
KBLI 64124 is the Indonesian business classification code for "Perbankan Syariah Lainnya" (Other Sharia 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 64124 change from KBLI 2020 to 2025?
KBLI 64124 was mapped from previous code 85451 (KBLI 2020). Auto-matched to 85451 (Pendidikan Pesantren Lainnya...) score=68% The code was renumbered but the business activity scope is essentially unchanged. 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

64191Section K

Conventional Cooperative Lending

Aktivitas Pemberian Kredit oleh Koperasi Konvensional

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64123Section K

Other Conventional Banking

Perbankan Konvensional Lainnya

→
🏝️✅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
64122Section K

Sharia Commercial Banking

Perbankan Umum Syariah

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64193Section K

Conventional Non-Bank Microfinance

Pembiayaan Mikro Konvensional Nonperbankan

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

Conventional Commercial Banking

Perbankan Umum Konvensional

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

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