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All Journal Al-Iqtishad : Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics) Al-Mashlahah: Jurnal Hukum Islam dan Pranata Sosial Ad-Deenar: Jurnal Ekonomi dan Bisnis Islam Jurnal Asy-Syukriyyah Kordinat : Jurnal Komunikasi antar Perguruan Tinggi Agama Islam An Nawawi Tasyri' Jurnal Asy-Syukriyyah
Jauhari, Muhammad Sofwan
Unknown Affiliation
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Journal : An Nawawi

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PERAN MAHKAMAH AGUNG DALAM MENJAGA KONSISTENSI PUTUSAN PERKARA SYARIAH Jauhari, Muhammad Sofwan
An Nawawi Vol 4 No 1 (2024): An Nawawi
Publisher : Sekolah Tinggi Ilmu Fikih Syeikh Nawawi Tanara Serang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55252/annawawi.v4i1.50

Abstract

Religious justice in Indonesia has developed since the reform era with the establishment of the Supreme Court (MA) of the Republic of Indonesia in the field of Religious Justice in 2003. However, the consistency of sharia rulings is still a concern due to differences in the interpretation of Islamic law, cultural diversity, the quality of judges, and limited resources. This study uses normative legal methods to identify factors that cause inconsistencies in decisions, analyze the role of the Supreme Court, and formulate recommendations. The results show that the inconsistency of the decision is influenced by legal and non-legal factors. To overcome this, it is necessary to improve the quality of judges, develop technical guidelines, and improve coordination between religious judicial institutions. The Supreme Court plays an important role in maintaining the consistency of sharia case decisions with judge guidance, technical guidelines, coordination, and cooperation with related institutions. Hopefully this research can help improve the quality of religious justice in Indonesia through the Supreme Court.
ANALISIS SYARIAH SEBAGAI KATALISATOR TERHADAP PERTUMBUHAN KAPITALISASI PASAR INDEKS SYARIAH DI BEI Jauhari, Muhammad Sofwan
An Nawawi Vol 4 No 2 (2024): An Nawawi
Publisher : Sekolah Tinggi Ilmu Fikih Syeikh Nawawi Tanara Serang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55252/annawawi.v4i2.54

Abstract

The growth of the sharia capital market in Indonesia reflects increasing investment interest based on sharia principles that emphasize justice, transparency, and ethical investment. The sharia capital market presents a unique appeal amid global economic uncertainty, offering greater stability compared to conventional markets. This study aims to analyze the role of sharia as a catalyst for the growth of market capitalization in sharia indices on the Indonesia Stock Exchange (IDX). The research methodology uses a literature review method by analyzing secondary data and relevant theories from publications by the Financial Services Authority (OJK) and previous research. The findings show that Indonesia’s sharia capital market has experienced significant capitalization growth despite challenges such as economic crises and the pandemic. Several sharia indices, such as the Jakarta Islamic Index (JII) and the Indonesia Sharia Stocks Index (ISSI), have recorded long-term upward trends, supported by restrictions on speculation and the prohibition of riba practices. Regulatory support from OJK, particularly through policies that expand the scope of the Sharia Securities List (DES), further strengthens this growth. The year-to-year increase in the number of sharia stocks indicates market resilience and growing public awareness of sharia-based investments. With promising prospects, the sharia capital market in Indonesia is expected to continue to develop as a catalyst in market capitalization, positively contributing to the national economy through productive capital flows aligned with sharia values.
Co-Authors Abdul Ghoni Ansory, Isnan Moch Bukhori Muslim, Moch Bukhori Nugraha, Iqbal Subhan Saepullah, Saepullah