The Financial Services Authority (OJK) has grantes a Life Insurance with Sharia Principles Business License to PT Asuransi Allianz Life Syariah Indonesia, based on the decision of Board of Commissioners number KEP-56/D.05/2023 on August 11, 2023 about Life Insurance with Sharia Principles Business Licensing to PT Asuransi Allianz Syariah Indonesia. The granting of the business license is effective since the decision of Board of Commissioners of Indonesia Financial Service Authority is made. 

The business license application for PT Asuransi Allianz Life Syariah Indonesia was made due to separate the sharia business unit from PT Asuransi Allianz Life Indonesia. 

With the granting of this business license, PT Asuransi Allianz Life Syariah Indonesia is required to carry out business activities by implementing sound business practices and always referring to the applicable laws and regulations.