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KBLI Navigator/Section K/64997
KBLI 64997

Sharia Bullion Banking

Aktivitas Perbankan Bulion Syariah

🏦 Section K — Financial & Insurance Activities

In Bali: a PT PMA cannot register this code

National procedure — does not apply to a PT PMA in Bali

In Bali this activity is blocked for a PT PMA under the 13 May 2026 moratorium. The national procedure below applies only to non-PMA operators.

✅Open· 100% nat'l · blocked in BaliRenumbered🏝️🚫Closed in Bali (2026 moratorium)· needs review· low conf.❓Not classifiable — divergence documented

Sharia Bullion Banking: Nationally Open, Closed to PMA in Bali

This sharia-based bullion banking activity permits full foreign ownership nationally, yet PMA registration at a Bali address is blocked by the province-wide moratorium.

By the numbers
National foreign-ownership ceiling
100%
Open scales
Mikro, Kecil, Menengah, Besar
National PMA source
Perpres 10/2021, 49/2021
Bali status
Closed (Bali moratorium)
For a Bali address, the moratorium—not national openness—decides the result.
What Changed

KBLI 2020→2025 mapping: code renumbered.

What You Need

This code covers sharia bullion banking — principally receiving deposits of precious metals such as gold or silver, in bar or currency form, and extending loans of those precious metals, conducted under sharia principles. The licensing rows shown here earlier were tied to a below-confidence crosswalk match to an unrelated (sharia pawnbroking) 2020 code that our review could not confirm as correct, so they have been removed from this page; the correct licensing for this code is not yet reliably defined in our verified sources. Before registering or investing, confirm the current requirements with the Bali Zero team. **Risk tier under review.** The licensing rows this code's risk tier was read from have since been set aside as unverifiable for KBLI 2025, so we cannot currently re-derive it. Where this page states a risk tier or a scale-based requirement, treat it as provisional pending re-derivation, and verify the current classification at oss.go.id before acting on it.

Who This Is For

Foreign Islamic financial institutions or Sharia-compliant bullion dealers looking to offer precious metal deposit and lending services—but not in Bali under the current freeze.

2020 → 2025
Previous codes (KBLI 2020): 64922— PP28 uses KBLI 2020 code 64922 (Pergadaian Syariah...). Match: 81%

Regulatory Divergence

The licensing previously shown for 64997 was removed because its source could not be verified as applying to this activity. Here is what the sources actually say — with citations.

Correction note — verbatim, with source locators

KBLI 2025 code 64997 'Aktivitas Perbankan Bulion Syariah' (sharia bullion banking — principally receiving deposits of precious metals such as gold or silver, in bar or currency form, and extending loans of those precious metals, conducted under sharia principles; the code's own uraian explicitly excludes conventional bullion banking (64996), own-account bullion trading (64994), bullion brokerage-for-others (66129), and bullion custody/storage (66132)) carries canonical status_mapping='CODICE_RINUMERATO', kbli_2020_source='64922', pp28_sources=['64922'], mapping_note "PP28 usa codice KBLI 2020 64922 (Pergadaian Syariah...). Match: 81%" — the sharia-side mirror of 64996's defect: a below-100% renumbering-match confidence to a code whose OWN truncated title, 'Pergadaian Syariah...' (SHARIA PAWNBROKING — collateral-lending against pledged goods under sharia principles), has no conceptual overlap with sharia BULLION BANKING (deposit-taking and lending of precious metals). No independently-verified replacement parent was established for this code in the conductor's report — per rule #9, this cure does NOT correct status_mapping or kbli_2020_source for 64997; it remains a detach-only cure with an honest data_note, same treatment as 64996 above and Lot 3's un-replaced metadata-false codes. The served per_skala payload for this code is likewise a minimal, generic quarterly-LKPM-via-OSS reporting obligation with no further code-specific content to independently corroborate or contradict. per_skala detached; the licensing regime for sharia bullion banking is not retrievable from the pinned sources as hunted. Lot 4 conductor gate (second signing), run wf_66ea406e-b0d, 2026-07-19.

The detached licensing rows (source unverified for this activity)1 row

These rows were previously shown on this page and have been detached — the correction note above documents, with source locators, why their source could not be kept for the activity this page describes. They are preserved here as the audit trail of the divergence.

Mikro, Kecil, Menengah, BesarLow RiskNIBAuthority: Menteri/ Kepala Badan
BPS Peraturan 7/2025 (KBLI 2025 classification)PP 28/2025 (risk-based licensing annexes)OSS RBA ruang-lingkup — no KBLI-2025 scope retrievable via the OSS API (404)

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
Detached — source could not be verifiedDeclared gap—

The previously-served rows were removed because their source could not be verified as applying to this activity. See Regulatory Divergence above for the documented correction note.

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 LOW.

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 bullion banking business in Indonesia?
Nationally yes — but NOT in Bali. KBLI 64997 (Aktivitas Perbankan Bulion Syariah) is TERBUKA (100% foreign ownership) at the national level, but in Bali it is blocked for a PT PMA under the 13 May 2026 moratorium. [derivation under review] Nationally TERBUKA but the Besar scale is 'Rendah' -> blocked by the Bali PMA moratorium (Gov. letter B.27.000/642, 13 May 2026: all Rendah/Menengah Rendah blocked for a Bali address). [NB-3 28 June 2026] — NOTE: the licensing rows this verdict's risk tier was read from have since been set aside as unverifiable for KBLI 2025, so the verdict cannot currently be re-derived; verdict pending re-derivation from the true risk tier (GARUDA-FILIERA). Outside Bali it is open to a PT PMA with no local 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 64997?
We cannot yet show a verified licensing basis for KBLI 64997: the licensing previously associated with this code was removed because its source could not be verified as applying to this activity. See the Regulatory Divergence section on this page for the documented sources, and verify the current OSS treatment before relying on any licensing assumption.
What is KBLI 64997?
KBLI 64997 is the Indonesian business classification code for "Aktivitas Perbankan Bulion Syariah" (Sharia Bullion Banking). 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 64997 change from KBLI 2020 to 2025?
KBLI 64997 was mapped from previous code 64922 (KBLI 2020). PP28 uses KBLI 2020 code 64922 (Pergadaian Syariah...). Match: 81% The code was renumbered but the business activity scope is essentially unchanged. 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.

Related Codes

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Perdagangan di Pasar Keuangan atas Nama Sendiri

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🏝️✅Registrable in Bali✅Open· 100% ForeignMedium-High Risk
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🏢

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