Finance Companies

This subgroup includes the business activities of finance companies, which involve financing goods and/or services. These activities can be conducted conventionally or based on Sharia principles. Finance company operations are carried out by conventional finance companies, Sharia finance companies, and Sharia finance company units, all of which are regulated and supervised by the Financial Services Authority (Otoritas Jasa Keuangan or OJK).

Belongs to:

649

Other financial services activities, excluding insurance, guarantees, and pension funds.

Sub-classes

64911

Conventional Financing Companies

64912

Islamic Financing Companies

64913

This group includes business units of conventional financing companies or banks that operate based on Sharia principles and engage in Sharia-compliant financing activities, including financing for sale and purchase, investment financing, and service financing.

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