KBLI 65132—Sharia Guarantee

Where 65132 sits

1. L Financial and Insurance Activities
2. 65 Insurance, Guarantees, Reinsurance, and Pension Funds, Except Mandatory Social Security
3. 651 Insurance and Guarantee
4. 6513 Guarantee
5. 65132 Sharia Guarantee

What 65132 includes

• Guarantee activities for the fulfillment of guaranteed financial obligations to guarantee recipients based on sharia principles, including
• Financing guarantees based on sharia principles provided by financial institutions;
• Guarantee of loans or financing channeled by savings and loan cooperatives or cooperatives that have savings and loan business units to their members;
• Guarantee of loans or financing for partnership programs distributed by state-owned enterprises in the framework of partnership and environmental development programs, which are implemented entirely based on sharia principles;
• Activities based on sharia principles of guarantees for debt securities, guarantees for the purchase of goods in installments, guarantees for trade transactions, guarantees for the procurement of goods and/or services (surety bonds), guarantees for bank guarantees (counter bank guarantees), guarantees for domestic documented letters of credit, guarantees for letters of credit, guarantees for customs bonds, guarantees for excise duties, provision of management consulting services related to guarantee business activities, and other guarantee activities.

65132 in other systems