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Defending champions Argentina will face five-time champions Brazil in Kaunas after both sides progressed past the quarter-finals by the slightest of margins.
La Albiceleste held firm from the spot to eliminate Russia 5-4 (1-1 after extra-time) on penalties, while one goal proved enough for Brazil against Morocco.
As a result, two of world football’s proudest nations will now face off for a chance at another final – where they will play either Portugal or Kazakhstan.
It’s been a dream run to the final four for Kazakhstan, who broke new ground after seeing off Iran 3-2 in their quarter-final.
Whether they can maintain their good fortune against Portugal, however, will be easier said than done.
Portugal are still high on their last-eight victory over two-time champions Spain, where two goals in extra-time helped them to a memorable 4-2 triumph.
The Selecao das Quinas have never made a Futsal World Cup final and will no doubt view their meeting with Kazakhstan as their best chance to improve on their sole third-placed finish from 2000.
SBS and SBS On Demand will air both semi-finals, as well as the final, with Brazil v Argentina getting the action underway from 2:50am (AEST) on Thursday, September 30.
2021 FIFA Futsal World Cup broadcast schedule - LIVE on SBS and live streamed via SBS On Demand
Thursday, September 30
2021 FIFA Futsal World Cup - Semi-Final - Brazil v Argentina
2:50am - 5:15am (AEST)
LIVE on SBS and SBS On Demand
Friday, October 1
2021 FIFA Futsal World Cup - Semi-Final - Portugal v Kazakhstan
2:50am - 5:15am (AEST)
LIVE on SBS and SBS On Demand
Monday, October 4
2021 FIFA Futsal World Cup - Final
03:50 - 06:00 (AEDT)
LIVE on SBS and via SBS On Demand