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Journal : Al-Ahkam

Legal and Accounting Review of Sharia Fintech Financial Reports on Official Websites Rifqiawan, Raden Arfan; Ghofur, Abdul; Murtadho, Ali; Supangat, Supangat; Sanad, Zakeya
Al-Ahkam Vol. 35 No. 1 (2025): April
Publisher : Faculty of Sharia and Law, Universitas Islam Negeri (UIN) Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/ahkam.2025.35.1.23544

Abstract

Transparency and accountability based on Sharia provisions are demands in presenting financial reports on Sharia fintech platforms. Based on the principle of taṣarruf al-imām ʿalā al-raʿiyya manūṭ bi al-maṣlaḥa, the Financial Services Authority (OJK) is responsible for ensuring that Sharia fintech financial reports are made by these rules. This article aims to analyze the presentation of financial reports on Sharia fintech platforms, evaluate compliance with OJK provisions, and examine the application of PSAK 101 in reporting practices. PSAK 101, concerning the presentation of Sharia financial reports, has not been adopted by OJK, resulting in inconsistencies in reporting. This study analyzes four Sharia fintech platforms (Alami, Danasyariah, Qazwa, and Ethis) using a normative approach with annual financial report data sources. The results of the analysis show that three platforms have complied with their obligations, but there are variations in the application of PSAK 101. Only Qazwa presents a more comprehensive report. In addition, no platform discloses the temporary partnership fund and social fund required by PSAK 101. This study recommends that OJK reconstruct the law by adopting PSAK 101, preparing detailed temporary partnership funds and social funds guidelines, and strengthening supervision to ensure full accountability in the Sharia fintech sector.
Co-Authors Abdul Ghofur Ahmad Rosulana Akbar, M. Agung Al Munawir Aldri Frinaldi Alzitawi, Diaya Uddeen Deab Mahmoud Amir Tajrid Andika Saputra Angga Mardro Raharjo, Angga Mardro Anis Rahmawati Amna Annisa Annisa ansori ansori Arifa Mustika Aris Prasetyo Astri Ahmad, Wa Ode Athoillah, Nabil Azah Zumroh Baehaqi BJ Azmy As'ady Cholis Abrori, Cholis Cicih Komariah Dandi Dedy Mardiansyah Delastri , Lita Delastri, Ilta Desie Dwi Wisudanti Dwi Rohman Soleh, Dwi Rohman Dwisaraswati, Salma Aulia Dyah Pravitasari Dyah Pravitasari El Syam, Robingun Suyud Elly Nurus Sakinah, Elly Nurus ENNY SUSWATI Etty Nur Rahmawati Faisal Akbar Hairrudin Hairrudin HARJA, HARLINA Heri Triyanto, Heri Ida Srisurani Wiji Astuti Indey, Jennifer Florenzia Indey Ira Farazulika Jaelani, M Syahran Jamrizal, Jamrizal Januantoro, Ardy Jauhar Firdaus Jumanto Jumanto Justina Evy Tyaswati, Justina Evy Kasful Anwar Us, Kasful Anwar Khoiriyah, Ina Yatul Kristianningrum Dian Sofiana Kuncowati Kusumastuti, Inke Lailatul Fitriyah Laksmi Indreswari Listriyawati, Nyoman Marsudi, Sugeng Maulana Anwar Muhammad Rizki Afrizal Azhar Mukarromah, Laylatul Fitriyah Mukri, Anang Nelly Rustiati Ni Ketut Sujati Nor Kholidin NUR HASANAH Nurlita Dwi Oktavia Panji Kuncoro Hadi, Panji Kuncoro Pertiwi, Ratih Purnama Pralampita, Pulong Wijang Purnama Pertiwi, Ratih Raden Arfan Rifqiawan Raden Arfan Rifqiawan, Raden Arfan Rahmat, Indra Samudra Ratna Dewi, Tri Reny Ekawati Resti Septikasari Rismilda, Nela Aprilia Rochman, Mochamad Yovi Fatchur Rukmanah Rukmanah Rumastika, Nindya Shinta Rustiati, Nelly Sahidin . Samudra, Farel Rigel Sanad, Zakeya Saptia pratiwi, Mega septa surya wahyudi, septa surya Setiawan, Wahyu Danni Sheilla Rachmania, Sheilla Sholiq, M. Mudhafiq Siti Aisyah Sri Enggar Kencana Dewi Sriantini, Ari Suhartono Suhartono Sukatin, Sukatin Sutaman, Sutaman Suwandi Suwandi Syaifullah, Firman Tri Ratna Dewi Ulum, M. Samsul Usman, Raihan Gymnastiar Usman Wibsono, Sony Widodo, Muhammad Rifqy Alvy Wiyono, S. Teguh yuliantoro, ahmad taufiq Zulkifli, Noor Fadzilah binti