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All Journal Saqifah: Jurnal Hukum Ekonomi Syariah Al-Mustashfa: Jurnal Penelitian Hukum Ekonomi Syariah
Helmi Fitriansyah
UIN Sunan Gunung Djati Bandung

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The Politics of Consumption and Its Interaction with Sharia Economic Law: Implications and Challenges Helmi Fitriansyah; Neng Vivie Nurfauziah Rukmini
Saqifah: Jurnal Hukum Ekonomi Syariah Vol 9, No 2 (2024): Saqifah:Jurnal Hukum Ekonomi Syariah
Publisher : Saqifah: Jurnal Hukum Ekonomi Syariah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15548/sqf.v9i2.608

Abstract

The discussion on the interaction between consumption politics and Islamic Economic Law has become increasingly significant due to growing attention towards halal products, social justice, and economic sustainability. The aim of this research is to analyze the influence of political policies on consumption behavior within the framework of Islamic economics and to identify the implications and challenges of its implementation. The study employs a qualitative approach with descriptive analysis, using data from literature reviews and relevant policies. The findings reveal that consumption politics based on Islamic principles can strengthen social justice, foster the growth of the halal industry, and empower local economies, although challenges remain in terms of monitoring infrastructure, global halal standard harmonization, and consumer literacy. The implication is that effective policies in Islamic consumption politics can promote more inclusive and sustainable economic growth, supported by the synergistic roles of government, businesses, and society.
Analysis of the Dynamics of Sharia Economic Law Regulation in Indonesia Helmi Fitriansyah; Koko Komaruddin
Al-Mustashfa: Jurnal Penelitian Hukum Ekonomi Syariah Vol. 9 No. 2 (2024)
Publisher : UIN Siber Syekh Nurjati Cirebon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24235/jm.v9i2.18257

Abstract

The regulation of Sharia economic law in Indonesia reflects the government’s commitment to aligning financial and economic systems with Islamic principles. These regulations aim to foster transparency, financial stability, consumer protection, and innovation in Sharia-compliant financial products and services. This study employs a literature review approach, analyzing Indonesian legislation, regulatory updates from the Financial Services Authority (OJK), and relevant academic literature to understand the dynamics and development of Sharia economic law. The findings highlight the dynamic evolution of Sharia economic law, driven by regulatory reforms and the growth of Islamic financial institutions. Key areas of focus include advancing Sharia financial technology (fintech), enhancing Sharia financial literacy, and strengthening international cooperation. Regulatory updates by OJK emphasize transparency, accountability, and consumer protection, while fostering innovation to meet complex market demands. Despite significant progress, challenges remain in implementing oversight mechanisms and integrating technological innovations. The development of specialized regulations covering areas like waqf, zakat, and Islamic banking underscores the dynamic interaction between societal demand and regulatory responses. Sharia economic law regulations in Indonesia play a pivotal role in national economic development.Keywords: Sharia Economic Law, Regulation, Dynamics, Financial Technology.
Co-Authors Koko Komaruddin, Koko Neng Vivie Nurfauziah Rukmini