Edi Mulyono
UIN Fatmawati Sukarno Bengkulu, Indonesia

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From Jurisprudence to Algorithms: The Role of Artificial Intelligence in Contemporary Sharia Financial Decision-Making Edi Mulyono; Mahmoud Mohamed Ali Mahmoud Edris
Nusantara: Journal of Law Studies Vol. 4 No. 2 (2025): Nusantara: Journal of Law Studies
Publisher : PT. Islamic Research Publiser

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5281/zenodo.17341980

Abstract

The development of Artificial Intelligence (AI) has had a profound impact on the modern financial system, including the Islamic finance sector. Today, AI is utilized to support risk analysis, financing decision-making, and the management of Sharia-based investment portfolios. However, the application of AI in Islamic finance also raises several legal and ethical issues that require in-depth examination from the perspective of contemporary fiqh muamalah. This study aims to analyze the compatibility of AI implementation in Islamic financial decision-making with the principles of maqāṣid al-syarī‘ah, justice, and human responsibility (taklīf). This research employs a qualitative method with a normative-theological approach and descriptive-analytical analysis. Primary data were obtained from the study of fatwas, regulations, and practices of Islamic financial institutions that have adopted AI, while secondary data were derived from academic literature, scholarly journals, and contemporary Islamic legal writings. The analysis was conducted through the stages of reduction, classification, and normative interpretation to assess the harmony between Sharia principles and technological innovation. The findings suggest that the application of AI in Islamic finance is permissible as long as it does not contravene the principles of honesty and justice, and continues to prioritize humans as moral supervisors and legal subjects. Academically, this study enriches contemporary fiqh muamalah discourse by providing a normative framework for developing AI-related regulations and ethics that align with the maqāṣid al-sharī'ah. It also encourages an interdisciplinary dialogue between Islamic law, technology ethics, and the digital economy toward an adaptive and sustainable Sharia financial system.
Contemporary Fiqh al-Mu'amalat and Legal Reform in Indonesia's Sharia Economic System Edi Mulyono; Anita Niffilayani; Is Susanto; Jalaludin Ar-Rumei
Journal of Nusantara Economy Vol. 5 No. 1 (2026): Journal Of Nusantara Economy
Publisher : PT. Islamic Research Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66325/nusantaraeconomy.v5i1.387

Abstract

The rapid development of the sharia economy in Indonesia has encouraged the emergence of various contemporary financial transactions that require adaptive legal responses. Classical fiqh al-mu'amalat, while providing fundamental principles for economic activities, often faces challenges in addressing modern financial instruments such as Islamic banking, financial technology, digital transactions, and Islamic capital markets. This study aims to analyze the role of contemporary fiqh al-mu'amalat in the process of legal reform within Indonesia's sharia economic system. Employing a normative juridical approach and qualitative library research methods, this study examines legislation, fatwas of the National Sharia Council-Indonesian Ulema Council (DSN-MUI), and scholarly literature on Islamic economic law. The findings indicate that legal reform in Indonesia's sharia economy has been significantly influenced by contemporary ijtihad and maqasid al-shariah approaches, resulting in more contextual and adaptive regulations. The integration of classical fiqh principles with modern legal needs has contributed to the development of an inclusive and dynamic sharia economic system. This study concludes that contemporary fiqh al-mu'amalat serves as a fundamental basis for legal reform and strengthens the institutional framework of Indonesia's sharia economy