The Chairman of the National Shariah Council of the Indonesian Ulema Council (DSN MUI), Cholil Nafis, provided an update on the plan to establish Danantara Syariah, a holding company stemming from the super holding company Badan Pengelola. This initiative aims to consolidate and strengthen Sharia-compliant financial institutions in Indonesia. The DSN MUI is actively driving the formation of Danantara Syariah to oversee and coordinate these entities. Details regarding the progress of Danantara Syariah’s establishment were shared, highlighting ongoing efforts to finalize the necessary regulatory frameworks. This holding company is expected to play a crucial role in advancing Islamic finance within Indonesia. Further developments are anticipated as the project moves toward completion. The goal is to create a robust and integrated Sharia financial ecosystem under the auspices of Danantara Syariah in Jakarta.