Article Per Year (5 Year)
p-Index From 2021 - 2026
0.444
P-Index
This Author published in this journals
All Journal International Journal for Advanced Research
Sattar Rasul
University Kebangsaan Malaysia
Religion Aerospace Engineering Agriculture, Biological Sciences & Forestry Arts Humanities Biochemistry, Genetics & Molecular Biology Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Law, Crime, Criminology & Criminal Justice Mathematics Public Health Social Sciences Other

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Legal Protection for Fintech Consumers Trapped in Debt Due to High Interest (Illegal Loans) Chairus Suryati; Debi Masri; Leni Indrayani; Juliya Maria; Sattar Rasul
International Journal For Advanced Research Vol. 2 No. 1: June 2025
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61730/m0wm7x59

Abstract

The rapid development of financial technology (fintech) has increased public access to financial services, especially through online lending platforms. However, this advancement also brings significant legal challenges, particularly in consumer protection. Many individuals have become trapped in debt due to exorbitant interest rates imposed by illegal lenders operating without official licenses and often engaging in abusive collection practices. This research aims to analyze the legal protection available to fintech consumers victimized by illegal high-interest lending and to evaluate the effectiveness of existing regulations, including POJK 77/2016 and other consumer protection frameworks. The study employs a normative juridical approach with qualitative analysis of legislation, court decisions, and case studies. The findings reveal that the current legal framework is insufficient in providing both preventive and repressive protection for consumers. Weak oversight of illegal fintech operators and low financial literacy among the public are key factors behind the ineffectiveness of consumer protection. Regulatory reform, stricter law enforcement, and public education are urgently needed to ensure comprehensive protection for fintech consumers.
Implementation of IoT and Blockchain for Halal Product Traceability in Global Supply Chains Muammar Rinaldi; Sattar Rasul
International Journal For Advanced Research Vol. 2 No. 5: February 2026
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61730/hhdts095

Abstract

The global halal supply chain encountered significant transparency challenges and fragmented information sharing across international borders. This research developed an integrated traceability system utilizing Internet of Things sensors and a permissioned Blockchain architecture to ensure the religious integrity of products. The study followed the Design Science Research methodology, simulating the logistics of protein-based products across multiple global stakeholders with three hundred network nodes. Results demonstrated that the integrated system achieved a throughput of three hundred fifty transactions per second with a latency of less than two seconds. Sensor data provided real-time monitoring of environmental conditions with a ninety-nine point eight percent accuracy rate in detecting unauthorized deviations. The implementation reduced the total time required for end-to-end traceability from seven days to less than thirty minutes, leading to an eighty-five percent reduction in administrative paperwork. Stakeholder evaluations indicated an eighty-nine percent increase in consumer trust towards the digitalized halal certification. The study concluded that the synergy between the Internet of Things and Blockchain established a reliable "Halal by Design" framework that automated compliance through smart contracts. Although financial barriers for small and medium enterprises persisted, the system provided a scalable solution for maintaining religious and operational integrity in global markets. This innovation offered significant contributions to the digital transformation of the Sharia economy.
Co-Authors Chairus Suryati Debi Masri Juliya Maria Leni Indrayani Muammar Rinaldi