Sharia Online Trading System (SOTS) is an Online Shari Stock Transaction System that complied with Sharia principles in capital market. SOTS is developed by exchange member as a facility or an aid for investor who wants to conduct share transaction in Sharia. SOTS has been certified by DSN-MUI as translation from DSN-MUI fatwa No. 80 year 2011 on Sharia Principle Application in Equity Securities Trading Mechanism at Stock Exchange Regular Market.
are as follow:
Only sharia stock can be traded
Sharia stock trading transaction only can be conducted in cash basis transaction
Sharia stock trading transaction can’t be done with credit facilities from securities (margin trading)
Sharia stock trading transaction can’t be done if there is short selling
Separated sharia stock portfolio