Legal Positivism and Fiqh Muamalah Paradigm’s on Indonesian Sharia Fintech Legal Framework
Abstract
Sharia Financial Technology in Indonesia is regulated in OJK Regulation No. 10/POJK.05/2022 Concerning Information Technology-Based Joint Funding Services. According to researchers, enactment of these regulations still needs improvement because they are disproportionate to the basic rules for implementing Sharia Fintech in Indonesia. There needs to be a Fiqh Muamalah study to reconstruct these rules into proportional rules. This research uses normative legal research methods. This research approach uses a statutory regulatory approach related to Fintech and DSN MUI Fatwa, and also uses the Fiqh Muamalah Conceptual approach. The results show, that based on the Fiqh Muamalah indicator, OJK Regulation No. 10/POJK.05/2022 still needs to be in harmony with Fiqh Muamalah. In the OJK Regulations, there are no concrete rules regarding what contracts can be used for Sharia Fintech schemes.
Keywords
References
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DOI: 10.15408/aiq.v16i1.39237
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