Mansyur Bayu Saputro
Universitas Janabadra, Yogyakarta

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The Legal Policy Regarding the Application of Sharia Economic Legal Principles in the Sharia Banking System in Indonesia Mansyur Bayu Saputro; Elsa Laila Rohmah
Law and Democracy Insight Vol. 3 No. 2 (2025): December 2025
Publisher : Integra Academic Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63208/21015-467

Abstract

The growth of the Sharia banking industry in Indonesia requires legal policies ensuring the effective application of Sharia economic principles within the national banking system. The enactment of Law Number 21 of 2008 concerning Sharia Banking, reinforced by Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (P2SK), demonstrates the state's commitment to strengthening Sharia banking regulation, governance, and supervision. This study analyzes legal policy regarding the application of Sharia economic principles within Indonesia's Sharia banking system, evaluates its implementation, and identifies future policy directions. The research employs a normative-juridical method using statutory, conceptual, and analytical approaches. Data were obtained through a literature review of primary, secondary, and tertiary legal materials and analyzed qualitatively using a descriptive-analytical method. The findings indicate that Sharia economic principles have a robust legal foundation through regulations concerning Sharia contracts (akad), Sharia compliance, and supervision by the Financial Services Authority (OJK) and Sharia Supervisory Board (DPS). However, implementation faces challenges involving regulatory harmonization, financial service digitalization, product innovation, and low public literacy. Therefore, legal policy strengthening should focus on regulatory harmonization, improved supervision, Sharia-compliant digital transformation, and enhanced financial literacy to establish a fair, sustainable, and competitive Sharia banking system.
Anti-Disinformation Regulation and Freedom of Expression in Digital Democracy Haitham Abdul Wahhab Mohammed; Mohd Zakhiri Md. Nor; Mansyur Bayu Saputro
Law and Democracy Insight Vol. 4 No. 1 (2026): June 2026
Publisher : Integra Academic Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63208/21015-528

Abstract

The development of information technology has expanded the space for freedom of expression while simultaneously increasing the spread of hoaxes and disinformation that may affect the quality of democracy. This condition creates the need for legal regulation capable of balancing the protection of public interests with respect for human rights. This study aims to analyze the effectiveness of regulations in addressing hoaxes and disinformation and to examine the urgency of such regulations in maintaining the quality of digital democracy. The study employs a normative juridical method using statutory and conceptual approaches. Primary legal materials consist of Law Number 39 of 1999 concerning Human Rights, Law Number 1 of 2024 concerning the Second Amendment to Law Number 11 of 2008 on Electronic Information and Transactions, and Law Number 1 of 2023 concerning the Criminal Code. The findings indicate that regulatory effectiveness is determined not only by the existence of legal norms but also by the implementation of legality, proportionality, and human rights principles. Furthermore, the regulation of hoaxes and disinformation is essential for preserving the quality of the public sphere, strengthening democratic resilience, and ensuring responsible freedom of expression in the digital era.