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PERAN BURSA EFEK INDONESIA DALAM MEWUJUDKAN TRANSPARANSI PASAR MODAL Pauzan; Nur Hidayat Fadhillah; Zulfikri Toguan
Didaktik : Jurnal Ilmiah PGSD STKIP Subang Vol. 12 No. 02 (2026): Volume 12 No. 2, Juni 2026 Public
Publisher : STKIP Subang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36989/didaktik.v12i02.15667

Abstract

The Indonesia Stock Exchange, as the institution responsible for securities trading, plays a central role in building a transparent, accountable, and trustworthy capital market ecosystem for all market participants. Transparency serves as the primary foundation that determines the quality of the capital market, as adequate information disclosure is an absolute prerequisite for investors to make rational investment decisions and avoid market manipulation. This study aims to analyze the role of the Indonesia Stock Exchange in achieving capital market transparency and to examine the legal protection mechanisms available to investors resulting from the success or failure of such transparency. The research method employed is a normative legal approach using legislative and conceptual frameworks. The results of the study indicate that the Indonesia Stock Exchange has established various transparency instruments; however, their implementation still faces serious challenges, particularly regarding the handling of suspensions, potential delistings, and the protection of minority shareholders. Strengthening regulations and institutional coordination are key to realizing a capital market that is truly transparent and equitable.
The Binding Authority of DSN-MUI Fatwas in the National Legal System: An Analysis from the Perspective of Islamic Law and Legislative Theory Karimuddin Abdullah Lawang; Zulfikri Zulfikri; Hadi Peristiwo; La Hanuddin; Nurdianasari Nurdin; Muhamad Habib
Pena Justisia: Media Komunikasi dan Kajian Hukum Vol. 24 No. 1 (2025): Pena Justisia
Publisher : Faculty of Law, Universitas Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31941/pj.v24i2.6633

Abstract

The National Sharia Council of the Indonesian Ulema Council (DSN-MUI) plays a central role in shaping the principles of Islamic economic law in Indonesia through its fatwas. These fatwas serve as primary references in the practices of Islamic financial institutions. However, the legal status of DSN-MUI fatwas within national legislation remains a subject of debate, particularly regarding their binding authority. This article aims to analyze the position of DSN-MUI fatwas from the perspective of Islamic law and legislative theory within the national legal system. This study employs a qualitative method with a normative and literature-based approach, examining various legal regulations and legal theories. The findings indicate that in Islamic law, fatwas are not absolutely binding unless institutionalized by an official authority. In the national context, DSN-MUI fatwas attain functional binding power as they are used as references in regulatory frameworks by Bank Indonesia, the Financial Services Authority (OJK), and Islamic financial institutions. Although these fatwas do not possess formal legal authority within the hierarchy of national legislation, they have become part of the living law that is internalized in national economic legal practices. Therefore, normative reinforcement is needed through explicit recognition in sectoral regulations to prevent legal vacuums. This study recommends the codification of DSN-MUI fatwas into derivative regulations to enhance their juridical legitimacy in supporting a just and legally certain Islamic economic legal system.
Strengthening Legal Awareness Among The Community Of Tumang Village, Siak Regency, Regarding The Prevention Of Narcotics Abuse And Illicit Trafficking Zulkarnain S; Yudi Krismen; Zulfikri Toguan; Asri Muhammad Saleh; Rahdiansyah Rahdiansyah; Hamdani Hamdani; Evi Yanti; Miftakhul Mukarrom; Nabilah Farah Dibah; Mia Putri Yani; M. Naufal Alfaraz; Rafael Zidane Alparabi Pirman
ARSY : Jurnal Aplikasi Riset kepada Masyarakat Vol. 7 No. 2 (2026): ARSY : Jurnal Aplikasi Riset kepada Masyarakat
Publisher : Lembaga Riset dan Inovasi Al-Matani

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55583/sxtp9970

Abstract

Penyalahgunaan dan peredaran gelap narkotika merupakan persoalan hukum dan sosial yang dapat memberikan dampak serius terhadap individu, keluarga, dan masyarakat. Desa/Kampung Tumang menghadapi kebutuhan untuk meningkatkan pemahaman masyarakat mengenai bahaya narkotika, konsekuensi hukum, serta peran masyarakat dalam upaya pencegahannya. Kegiatan pengabdian kepada masyarakat ini bertujuan untuk meningkatkan pengetahuan dan kesadaran hukum masyarakat mengenai penyalahgunaan dan peredaran gelap narkotika serta memperkuat partisipasi masyarakat dalam pencegahan di lingkungan desa. Metode pelaksanaan menggunakan pendekatan edukatif dan partisipatif melalui penyuluhan hukum, pemaparan materi, diskusi interaktif, dan sesi tanya jawab. Materi meliputi pengertian dan karakteristik narkotika, bentuk penyalahgunaan dan peredaran gelap narkotika, dampak penyalahgunaan, ketentuan hukum, strategi pencegahan berbasis keluarga dan lingkungan, serta mekanisme pelaporan dugaan tindak pidana narkotika. Hasil kegiatan menunjukkan adanya peningkatan pemahaman masyarakat mengenai bahaya dan konsekuensi hukum narkotika serta pentingnya keterlibatan masyarakat dalam pencegahan peredaran narkotika. Kegiatan juga mendorong masyarakat untuk lebih aktif dan tepat dalam menyikapi permasalahan narkotika di lingkungan Desa/Kampung Tumang.
Tanggung Jawab Sosial Perusahaan (CSR) bagi Perusahaan Penanaman Modal Nabitha Aisha Rahma Andita; Zulfikri Toguan
Populer: Jurnal Penelitian Mahasiswa Vol. 5 No. 1 (2026): Maret: Jurnal Penelitian Mahasiswa
Publisher : Universitas Maritim AMNI Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58192/populer.v5i1.4406

Abstract

This study aims to analyse the implementation of Corporate Social Responsibility (CSR) in investment companies from the perspectives of law and sustainability governance. The study focuses on how CSR obligations are carried out in practice, trends in the programs developed, and their relevance to Environmental, Social, and Governance (ESG) principles. The research employs a normative legal approach enriched with conceptual analysis and a review of the latest literature. Data were obtained through a literature review of laws and regulations, corporate reports, and scientific publications from the past five years discussing CSR and investment. The findings indicate that the implementation of CSR in investment companies has evolved alongside increasing regulatory pressure and public demands for transparency. However, program orientation remains dominated by social and philanthropic activities rather than strategic integration into sustainable business models. Companies with global exposure tend to adopt a more structured approach based on international standards, while domestic companies exhibit varying levels of compliance and reporting quality. These findings underscore the importance of policy harmonization, strengthening oversight mechanisms, and aligning CSR with the sustainable development agenda so that investment contributions have not only economic but also social and environmental impacts.