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Indonesia
Blockchain Media
OJK Partners with Ministry of Finance to Develop Sukuk Tokenization, Bringing Blockchain into Indonesia's Financial Instruments
- OJK and the Ministry of Finance are jointly developing a plan to tokenize sukuk using blockchain technology.
- The move represents blockchain's formal entry into Indonesia's financial instrument ecosystem, alongside existing Islamic finance data.
- Authorities are also assessing the practical and regulatory challenges of implementing sukuk tokenization.