ISLAMIC FINANCE INSTITUTIONS IN INDONESIA Yeni Salma Barlinti

ISLAMIC FINANCE INSTITUTIONS IN INDONESIA Yeni Salma Barlinti

Islamic Finance Institutions 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Bank Insurance Capital Market Zakat / Alms Waqf Pawn The Cooperatives Financing Institutions National Sharia Board Sharia Supervisor Board

Authority of Financial Services (OTORITAS JASA KEUANGAN) • Law No. 21 Year 2011 concerning Authority of Financial Services • Authority of Financial Services is an independent institution which has function, role, and authority in regulating, supervising, auditing, and investigating in financial services sector

FINANCIAL SERVICES AUTHORITY BANKING CAPITAL MARKET NON-BANK FINANCIAL INDUSTRIES INSURANCE PENSION FUND FINANCING INSTITUTIONS OTHER FINANCIAL SERVICES INSTITUTIONS

I. BANK

DEVELOPMENT OF ISLAMIC BANKS

ISLAMIC BANKING ISLAMIC BANK ISLAMIC COMMERCIAL BANK ISLAMIC FINANCING RURAL BANK COMMERCIAL BANK ISLAMIC BUSINESS UNIT CONVENTIONAL

RELATIONSHIP OF ISLAMIC BANKING INSTITUTIONS INDONESIA ULAMA COUNCIL BANK INDONESIA DIRECTORAT E ISLAMIC BANK COMITTEE OF ISLAMIC BANKING NATIONAL SHARIA BOARD RUPS ISLAMIC BANKING BOARD OF COMMISSIONERS DIRECTOR SHARIA SUPERVISOR BOARD

II. INSURANCE

DEVOLOPMENT OF ISLAMIC INSURANCE • PT Syarikat Takaful Indonesia (1994) : • PT Asuransi Takaful Keluarga life insurance • PT Asuransi Takaful Umum general insurance • Perusahaan asuransi syariah berkembang menjadi: • Islamic life insurance • Islamic general insurance • Sharia Unit of life insurance • Sharia Unit of general insurance • Islamic Re-Insurance

PELAKU USAHA ASURANSI & USAHA REASURANSI DENGAN PRINSIP SYARIAH *) Data per 9 Maret 2011

INDIKATOR KEUANGAN USAHA ASURANSI & REASURANSI DENGAN PRINSIP SYARIAH *) Data Unaudited

PERKEMBANGAN USAHA ASURANSI & USAHA REASURANSI DENGAN PRINSIP SYARIAH Perkembangan Kontribusi Bruto Usaha Asuransi Dengan Prinsip Syariah Tahun 2005 - 2010 3, 237 3, 500 708 2, 379 2, 500 2, 000 1, 651 1, 500 499 326 500 2005 2006 2007 Asuransi Jiwa Syariah 2, 530 1, 929 1, 154 511 282 199 - 294 217 127 450 497 806 1, 000 2008 Asuransi Kerugian & Reasuransi Syariah 2009 2010 Total Asuransi Syariah Perkembangan Klaim Bruto Usaha Asuransi Dengan Prinsip Syariah Tahun 2005 - 2010 1, 600 1, 342 1, 400 dlm miliar rupiah 3, 000 1, 200 1, 000 833 800 492 600 400 200 - 313 118 35 83 2005 Asuransi Jiwa Syariah 188 88 100 2006 118 195 2007 180 427 236 915 596 312 2008 Asuransi Kerugian & Reasuransi Syariah 2009 2010 Total Asuransi Syariah

PERKEMBANGAN USAHA ASURANSI & USAHA REASURANSI DENGAN PRINSIP SYARIAH Perkembangan Aset Usaha Asuransi Dengan Prinsip Syariah Tahun 2005 - 2010 4, 605 5, 000 dlm miliar rupiah 4, 500 4, 000 3, 023 3, 500 1, 313 3, 000 2, 500 1, 512 2, 000 1, 500 950 685 194 1, 000 500 336 614 491 - 2005 2006 Asuransi Jiwa Syariah 1, 853 492 702 1, 020 1, 151 2007 2008 Asuransi Kerugian & Reasuransi Syariah 903 3, 293 2, 120 2009 2010 Total Asuransi Syariah dlm miliar rupiah Perkembangan Investasi Usaha Asuransi Dengan Prinsip Syariah Tahun 2005 - 2010 5, 000 4, 500 4, 000 3, 500 3, 000 2, 500 2, 000 1, 500 1, 000 500 - 4, 605 3, 023 1, 512 685 194 491 2005 950 336 614 2006 Asuransi Jiwa Syariah 1, 853 492 702 1, 020 1, 151 2007 2008 Asuransi Kerugian & Reasuransi Syariah 1, 313 903 3, 293 2, 120 2009 2010 Total Asuransi Syariah

III. CAPITAL MARKET

OJK Bapepam-LK Emiten Sharia Instruments Investment Manager Investor

IV. ZAKAT

Zakat Institutions 1999 - 2011 President BAZNAS BAZ Formed by government LAZ Formed by society

Zakat Institutions 2011 President Minister of Religion BAZNAS Zakat Management Unit LAZ

V. WAQF

HISTORY OF WAQF REGULATION IN INDONESIA ADAT LAW PMA NO. 1 TH 1978 TTG PERATURAN PELAKSANA PP NO. 28 TH 1977 PERATURAN DIRJEN BIMAS ISLAM NO. KEP/D/75/1978 TTG FORMULIR PEDOMAN PELAKSANAAN PERATURAN TTG PERWAKAFAN TANAH MILIK UUD 1945 ARTICLE 29 PARAGRAP H (2) PMDN NO. 6 TH 1977 TTG TATA PENDAFTARAN TANAH MENGENAI PERWAKAFAN TANAH MILIK LAW NO. 41 YEAR 2004 OF WAQF LAW NO. 5 YEAR 1960 AGRARIA ARTICLE 49 PARAGRAPH (3) PP NO. 28 TH 1977 WAQF OF LAND

WAQF INSTITUTIONS Minister of Religion INDONESIA WAQF BOARD PPAIW (KUA) NAZHIR: Person, Organization, Legal Entity WAKIF: Person, Organization Land Badan Pertanahan Negara Money Islamic Finance Institutions (LKS) Other Objects

WASSALAM THANK YOU