DSI Seeks Relief from PPATK and OJK to Unblock Frozen Accounts

Background of Financial Issues

PT Dana Syariah Indonesia (DSI), a sharia-compliant peer-to-peer lending platform, continues to face unresolved financial challenges. The company has been struggling with delayed fund returns and lender payments, creating significant concerns among its stakeholders. The situation escalated when the Financial Services Authority (OJK) directed the Financial Transaction Reports and Analysis Centre (PPATK) to block DSI's primary escrow account on December 15, 2025.

Current Status and Actions Taken

DSI's CEO, Taufiq Aljufri, confirmed that the company's main escrow account remains frozen by PPATK. In response, DSI has formally requested both regulatory bodies to unblock the account. Aljufri emphasized that releasing these funds is crucial for distributing payments to lenders who have been waiting. The OJK had previously escalated its supervision of DSI to a special surveillance status and conducted a thorough investigation into the company's financial transactions.

Regulatory Oversight and Coordination

The OJK's actions are part of a broader effort to ensure compliance and protect consumers in Indonesia's fintech sector. Rizal Ramadhani, OJK's Deputy Commissioner for Financial Services Behavior Supervision and Consumer Protection, stated that the coordination with PPATK was a follow-up to the ongoing monitoring of DSI's activities. The regulatory bodies are working together to investigate DSI's financial transactions and address the current financial issues.

Implications for Stakeholders

The resolution of DSI's financial issues is critical for maintaining trust in Indonesia's fintech industry, particularly in the sharia-based lending segment. The outcome of DSI's request to unblock its accounts will be closely watched by lenders, investors, and other stakeholders. A successful resolution could help stabilize the situation, while any further complications might exacerbate the challenges faced by the company and its stakeholders.