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KBLI Navigator/Section K/64952
KBLI 64952

Sharia Infrastructure Financing

Pembiayaan Infrastruktur Syariah

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignHigh RiskDirect Match🏝️✅Registrable in Bali· medium conf.✓OSS-verified · KBLI 2025

Islamic Infrastructure Finance Is Open Nationally—and in Bali

This activity covers sharia-compliant funding for infrastructure projects, with full foreign ownership nationally and no Bali PMA block on the record provided.

By the numbers
National PMA status
TERBUKA
Foreign ownership ceiling
100%
PMA source
Perpres 10/2021, 49/2021
Bali status
Registrable in Bali
A foreign investor can register this activity in Bali on the record provided; there is no Bali-specific foreign-ownership cap or partnership condition stated here.
What Changed

Direct 1:1 match from KBLI 2020 — code and scope unchanged.

What You Need

Nationally, this activity is fully open to 100% foreign ownership, but in Bali it is flagged as medium-high to high risk. While it is not blocked by the local moratorium, registration requires a verified commercial address and will likely face closer scrutiny from regulators.

Who This Is For

This is for a foreign entrepreneur or institution with a strong background in Islamic finance, aiming to fund or refinance large-scale infrastructure projects in Indonesia from a Bali-based entity.

Licensing Overview
Risk LevelTinggi
License TypeNIB + Izin
Foreign Ownership100% Open
Processing3 working days
2020 → 2025
Previous codes (KBLI 2020): 64952
BPS crosswalk
Official BPS 2020 → 2025 crosswalk ancestors: 64942, 64943

Source: the BPS 2020↔2025 conversion table, mechanically extracted and acceptance-gate verified. It shows which 2020 codes map to this 2025 code — provenance only, not a licensing claim: the regulatory regime of these predecessor codes has not been adjudicated as transferring.

Sources & Verification

Each data layer below traces to a government source with its KBLI vintage — or is declared as a gap. Nothing in these layers is silently filled in.

Activity definition
BPS Peraturan 7/2025 + PP 28/2025VerifiedKBLI 2025

Title and scope as defined by the KBLI-2025 classification.

locator: OSS_RBA_2025_id_version_fff4053d

Risk & licensing
OSS RBA risk scope (ruang lingkup)VerifiedKBLI 2025

Risk category and licensing rows are KBLI-2025-native from the OSS Risk-Based Approach catalog.

locator: OSS_RBA_resiko_2025

Foreign ownership (PMA)
Perpres 10/2021, 49/2021Audit pendingKBLI 2020

The investment-list annexes predate KBLI 2025; the per-code crosswalk audit of this layer is in progress. The value shown is the annex text, disclosed with its vintage.

Bali status
Bali province blocks ALL Low + Medium-Low risk KBLI for PMA (island-wide, permanent) (effective 2026-05-13)Audit pending2026 overlay

Conservative posture derived from the risk tier · confidence MEDIUM.

Dataset last updated 2026-07-26 · KBLI 2020 and KBLI 2025 reuse code numbers for different activities — cross-vintage rows are labeled, never merged silently.

Common Questions
Can foreigners operate a sharia infrastructure financing business in Indonesia?
Yes. KBLI 64952 (Pembiayaan Infrastruktur Syariah) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required. (Source: Perpres 10/2021 as amended by Perpres 49/2021 — the investment-list annexes predate KBLI 2025; per-code crosswalk audit in progress.)
What license is required for KBLI 64952?
KBLI 64952 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: 3 Hari.
What is KBLI 64952?
KBLI 64952 is the Indonesian business classification code for "Pembiayaan Infrastruktur Syariah" (Sharia Infrastructure Financing). It falls under Section K of KBLI 2025, the Indonesian Standard Industrial Classification updated by BPS (Regulation 7/2025). The June 2026 KBLI 2025 transition window has closed; operators should verify the code's current OSS/NIB treatment before relying on it for licensing, reporting, or amendments.
How did KBLI 64952 change from KBLI 2020 to 2025?
KBLI 64952 was mapped from previous code 64952 (KBLI 2020). This is a direct match — the code number and scope remained the same. The June 2026 KBLI 2025 transition window has closed. If an NIB still relies on legacy KBLI 2020 mappings, treat the migration as overdue and verify/remediate the OSS record before new license applications, amendments, LKPM, import approvals, or investor/worker sponsorship.

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🏢

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