The Ministry of Finance of the Republic of Indonesia hosted a technical workshop on Sukuk Enhancement Fund (SEF) on 18 November 2022 in Jakarta, Indonesia. The event was organized in collaboration with IsDB Institute (IsDBI) and IsDB Regional Hub Indonesia (RHI). This workshop was attended by officials from the Ministry of Finance, Otoritas Jasa Keuangan (OJK), Bank Indonesia (BI), Bank Negara Indonesia (BNI), and PT SMI (Sarana Multi Infrastruktur). The Sukuk Enhancement Fund provides a protection mechanism to Sukuk without additional costs to the issuers. It is built on the concept of cooperative insurance, whereby members contribute regular premiums and those who are affected will be compensated from the pool of contributions. Such cooperation is based on non-profit, social solidarity and risk sharing, rather than on commercial compensation. SEF contributes to Sukuk markets by providing partial protection to investors. This protection improves the access of issuers to capital markets and potentially attracts a larger segment of Sukuk investors, enhancing the market's diversity. The SEF can be helpful to any kind of Sukuk: Sovereign or corporate, large or SMEs, etc. The participants agreed to form a task force to further investigate the feasibility of the SEF and consider alternative options for implementation.