OJK Updates Sharia-Compliant Securities List for December 2025

Significant Changes in Sharia-Compliant Stocks

The Financial Services Authority (OJK) has released the latest update to the Sharia-Compliant Securities List (DES), effective from December 1, 2025. This periodic update brings significant changes to the composition of sharia-compliant stocks available to investors.

New Additions to DES

The latest DES update includes 36 new stocks being added to the list while simultaneously removing 16 existing stocks. Notable companies entering the sharia-compliant list include:

• PT Provident Investasi Bersama Tbk (PALM)
• PT Adi Sarana Armada Tbk (ASSA)
• PT Maharaksa Biru Energi Tbk (OASA)
• PT Trimitra Trans Persada Tbk (BLOG)
• PT Intiland Development Tbk (DILD)

Market Implications

Analysts are optimistic about some of the new additions, noting that these companies have strong investment prospects. The inclusion in the DES list opens these stocks to a broader investor base, particularly those focused on sharia-compliant investments. The update reflects OJK's ongoing efforts to maintain a current and relevant list of sharia-compliant securities in Indonesia's capital market.