Sharia Principles on Information Technology-Based Financing Services
Downloads
The Financial Services Authority only regulates information technology-based money lending and borrowing services that have not yet regulated sharia-based information technology financing services (fintech Syariah). This is evidenced by the provision of loan interest rates in the Financial Services Authority Regulation. This is contrary to sharia principles. The existence of Fintech Syariah is only based on DSN-MUI Fatwa Number 117/DSN-MUI/II/2018 which expressly states that information technology-based financing services are permitted with conditions that must be by sharia principles so that they cannot promise usury, gharar, maysir, tadlis, and dharar. Contracts that frame the legal relationship between the organizer, the financing provider and the recipient of financing, among others, the contract of wakalah bil ujrah, mudharabah, musyarakah, ijarah, and murabahah
Downloads
Abd. Shomad, Islamic Law Normalizing Sharia Principles in Indonesian Law (Kencana Prenadamedia Group 2012).
Bank Indonesia, ‘Kamus' (2018) LINK accessed 29 June 2019.
Khotibul Umam, ‘Pelarangan Riba Dan Penerapan Prinsip Syariah Dalam Sistem Hukum Perbankan Di Indonesia' (2017) 27 Mimbar Hukum.
L.Budi Kagramanto dan Cita Yustisia Sefiyani, ‘The Principle of Contract in Donation Besed Crowdfunding' (2019) 34 Yuridika.
Muhammad Nafik Hadi Ryandono, ‘Fintech Waqaf: Solusi Permodal Perusahaan Strartup Wirausaha Muda' (2018) 7 Studi Pemudi.
Otoritas Jasa Keuangan, ‘Penyelenggara Fintech Terdaftar Dan Berizin Di OJK per 31 Mei 2019' (Otoritas Jasa Keuangan, 2019) LINK accessed 27 May 2019.
Prawitra Thalib, ‘Application of Qowaid Fiqhiyyah in Islamic Contemporary Law' (2016) 31 Yuridika.
Prawitra Thalib, ‘Distinction of Characteristics Shariah and Fiqh on Islamic Law' (2018) 33 Yuridika.
Prawitra Thalib, Sharia Concept and Hermeneutic (Lutfansyah Mediatama 2013).
PT. Ammana Fintek Syariah, ‘Apa Saja Jenis Pendanaan Yang Tersedia Di Ammana?' (PT. Ammana Fintek Syariah, 2018) LINK accessed 28 May 2019.
””, ‘Tentang Ammana' (PT. Ammana Fintek Syariah, 2018) LINK accessed 27 May 2019.
Trisadini Prasastinah Usanti and Fiska Silvia, ‘Legal Protection of The Contracting Parties in The to Peer Lending Based on Financial Technology (P2P Lending Fintech) in Indonesia' (2018) 131 Advance in Social Science, Education and Humanities Research (SSEHR).
