Financial Services Authority (OJK) has released list of head office addresses of Sharia rural banks (BPRs). Referring to its functions, Sharia rural bank is a bank that carries out business activities based on Sharia principles without offering services in payment transfers. Similar to conventional BPR, Sharia BPR`s field of activities is much narrower than that of a commercial bank, since a Sharia BPR does not receives checking-account deposit, or provide foreign-exchange trading and insurance. Based on Law No. 21 of 2011 on OJK, regulation and supervision over Sharia BPRs are conducted by OJK.
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