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Tajul Arifin
Universitas Islam Negeri Sunan Gunung Djati, Bandung,
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Journal : Indonesian Journal of Sustainability

 1 
Sociological Study of the Development of Islamic Banking within the Legal System in Indonesia Kholili, Muhammad Salim; Arifin, Tajul; Abdal, Abdal
INDONESIAN JOURNAL OF SUSTAINABILITY Vol 3, No 1 (2024): January
Publisher : Library of Sultan Agung Islamic University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ijsunissula.3.1.%p

Abstract

The development of Islamic Financial Institutions (LKS), particularly Islamic banks, in Indonesia has seen significant growth, especially following the enactment of Law No. 21 of 2008 on Islamic Banking and Supreme Court Regulation (PERMA) No. 2 of 2008 on Shariah Economic Dispute Resolution. With the increasing number of institutions operating based on Shariah principles, various new issues related to Shariah compliance have arisen.Fatwas issued by the DSN-MUI hold legal authority in determining Shariah aspects in the economy, including banking. On the other hand, Shariah Economic Dispute Resolution (KHES) plays a role as a social control tool to manage practices not compliant with Islamic commercial law, especially in economics. This research, a descriptive qualitative study with a normative sociological approach, utilizes codified legal sources like KHES and DSN-MUI fatwas. The results suggest that, from a sociological perspective, KHES was developed as a response to the evolving landscape of Shariah economic practices requiring a legal framework. Stakeholders in Shariah economics and finance are expected to actively contribute to its improvement. DSN-MUI fatwas, in a social context, provide a solution for addressing non-compliant financial institutions, reconciling differences among scholars, and promoting Islamic principles in economics and finance. Keywords Sharia Banking, Sociological, Law, KHES, DSN MUI
Co-Authors 'Ain, I. Nurol Abdal Abdal, Abdal Abdul Rohim, Abdul Abdulah Pakarti, Muhammad Husni Abdurahim, Mika Adawiah, Amalia Muazzah ahmad arifin Ahmad Ridwan Ahmadi, Husni Al Khansa, Amelia Cendikia Angraeni, Muthiara ARDIANSYAH ARDIANSYAH Athoillah, Mohamad Azizah, Wardatul Azzahra, Arini Nabila Azzami, Abdulloh Buchori , Muhamad Fiqri Al Damarudin, Zarqa Haura Bilfaqih Dea Dahlia Dewi, Raenita Aulia Fachrurrosi, Harie Fadllurrahman, Irfan Faisal Adam, Faisal Farhan , Razkha Yudistira Adrian Fauji, Hayatul Fauzia, Ine Fauziah, Azka Fauziah, Ine Hafid, Numan Sofari Hairullah Hairullah, Hairullah Hakim, Muhammad Irfan Haniifaa, Anita Nabila Harmaini, Ryan Lukman El Hakim Hasan Bisri Herawati, Milda Kurnia Hermawan, Faza Pauzia Heryana, Sandi Hidayat, Agi Attaubah Hidayat, Ia Mufti Hidayatulah Ibal, Faisal Adam Ikhsan, Muhammad Miftahul Imam Muttaqin, Faruqi Imana, Yudi Irwan Kurniawan Islah Siregar, Muhamad Iwan Setiawan Jalaludin, Diding Jubaedah, Dedah Kholili, Muhammad Salim Kurniawan, Cecep Soleh Lidzikrirrofiqi, Muhammad Rifqi M, Faruqi Imam Maharani, Siti Malik, Deden Abdul mayang, Dewi Mida Safitriani, Mida Safitriani Milati, Arina Mujaddid Rais, Fakhri Mujoko, Bejo Mukhlas, Oyo Sunaryo Muzaki, Amar Nabilla Fitri Arfian Nailus Sakinah, Nailus Sakinah Nazhif, Muhammad Alwan Noviaranti, Sari Nurjamil, Nurjamil Nurrohman Nurrohman Nursyamsudin, Pebriyana Padhilah, Piqi Rizki Pian, Happy Prasetia, Riky Pratama, Brilyan Yudha Puspitasari, Dea Putri, Rizkia Novebiani Rajiman, Arman Ramadhana, Ahyana Ikhwana Ramania, Restu Ramdi, Tansya Hadiansyah Rana, Mohamad ridwan fauzi Ridwan, Ahmad Hasaan Rizqillah, Faisal Najmi Rohman, Teguh Abdul Royhan, Fahmi Rusmana, Dian Sabila, Kanisa Sadikin, Mochammad Ramdan Hasan Saebani, Beni Ahmad Saepullah, Usep Safei, Abdulah Saima, Ima Santoso, Selamet Sari, Dina Novita Satianagara, Arjuna Savariah, Eva Sidiq, Gifar Sitorus, Hotma Gustian Sonia, Gina Srimauludiyah Sugiyanti, Ekta Lina Sumitra Timora, Deril Rafsya Ulya Adila, Hafidah Yuniarti, Vinna Sri Zaliaokta, Faliani