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Islamic Fintech in Indonesia: Between Innovation and Sharia Compliance Muh. Sa’ad Said; Jumriani J; Nasrullah bin Sapa; Darmawati H
Media Hukum Indonesia (MHI) Vol 4, No 1 (2026): March
Publisher : Penerbit Yayasan Daarul Huda Kruengmane

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5281/zenodo.17879875

Abstract

Sharia Fintech represents a digital financial innovation that integrates technology with Islamic principles such as the prohibition of riba (usury), gharar (uncertainty), and maysir (gambling). This study analyzes the legal framework and Sharia compliance of fintech in Indonesia through a juridical-normative approach to OJK (Financial Services Authority) regulations and DSN-MUI (National Sharia Council–Indonesian Ulema Council) fatwas. The findings indicate that the application of Maqashid al-Shariah, particularly Hifz al-Mal (protection of wealth) and Hifz al-Din (protection of religion), serves as a crucial foundation for the development of fair and sustainable Sharia fintech. Although regulations such as OJK Regulations No. 3 and No. 26 of 2024, along with DSN-MUI Fatwa No. 117, have provided essential guidelines, there remains a gap between the ideality of fatwas and digital practices—especially in the implementation of the Murabahah contract. Therefore, institutional synergy and the strengthening of technology-based Sharia compliance governance are required to ensure a balance between innovation and Islamic principles.
Co-Authors - Trimulato, - A. Ika Fahrika AA Sudharmawan, AA Abd. Hafid Abdi Widjaja Abdi Wijaya, Abdi Abdul Chadjib Halik Abdul Husain Natsir Abdul Rizal, Abdul Abdul Wahab Abdul Wahid Haddade Adriani Affandi, Ahmad Zulkifli AGUS AGUS Ahmad Sandi Ahmad Zikri Dwiatmaja Aisyah Aisyah Aisyah Aisyah Alda Septiana Ali Ambo Asse Amir, Andi Muhammad Nur Atma Amiruddin K Amiruddin, Muhammad Majdy Andhini Putri Novianti Andi Intan Cahyani Andi Sompa Andi Wawan Mulyawan Anisa Utami Novianty Anisa Utami Novianty Annisa Fuziyah Anugrah Arif Mashuri Arsyadi, Baso Asriadi Arifin Adi Asyraf Mustamin Atika, Atika Rizki Azwar, Azwar Bakti, Andi Adi Prabowo Putra Baso Arsyadi Baso R Basse, Rahman Ambo Caya, Rosdiyana Chairunnisa Chairunnisa Cut Muthiadin Cut Muthiadin Cut Mutiadin Cut Mutihiadin Darmawati H Darmawati H, Darmawati Darmawati Hanafi DARYANTI DARYANTI Dedi Susanto Devy Wulandari Devy Wulandari Devy Wulandari Dian Sari Dliyauddin, Dliyauddin Eka Febrianti, Eka Erniawati, Erniawati Ervina Hijrah Nirwana Fasiha Fasiha Fatimah, Emi Sri Rahayu Fatmawati Fatmawati Fatur Baldan Haramain Fitri, Nurul Amalia Fitriah Ningsih, Fitriah Fitriani Fitriani Gunawan Gunawan H, Herianti H. Muhtar Lutfi Habibi Habibi Habibi Habibi HAERIANTI HERIANTI Halik, Abdul Chadjib Halima Basri Halima Basri Halimah B Halimah Basri Hamzah, Muh. Nasir Hannanong, Ismail Harni Hasbiullah Hasbiullah, Hasbiullah Hasma Hasmah Hasyim Haddade Heri Irawan Heri Iswandi Herman, M. Aras Husain, Muhammad Zakir I Nyoman, Budiono Ihwan Wahid Minu Ikhsan, Muh Ikram, Abdi Dzul Jalal Indradewa, Rhian Irwan Misbach Irwan Misbach Ismawati Ismawati Jailuddin, Syuaib Jamaluddin Jamaluddin Majid Jamaluddin Majid Jayawarsa, A.A. Ketut Jumriani J Kamaruddin Kamaruddin Kamaruddin Kartika Khaliza Lutfia Khalizah Lutfia Khofifah Magfirah Kholid Albar Kurnaemi Anita Lince Bulutoding M Yusuf K Mardiah, Nur Ainun Marwah, Andi Maulana Maulana Maulana Maulana Maulana Maulana, Maulana Mirnawati Mirnawati Misbahuddin Misbahuddin Misbahuddin Misbahuddin Mohamad Subli Muaz Dhiyaulhaq Imran Mubasysyyratul Ummah Sapsuha Muh. Sa’ad Said Muh. Samsunar Muh. Samsunar Muhamad, Mar’ie Muhammad Affandi AR Muhammad Afief Mubayyin Muhammad Afif Muhammad Afif Qubais Muhammad Amin Sahib Muhammad Amin Sahib Muhammad Amin Sahib Muhammad Amin Sahib, Muhammad Amin Sahib Muhammad Awaluddin, Muhammad Muhammad Fadel Muhammad Ilham Muhammad Ilham Muhammad Imam Dhiya’ul Haq Muhammad Imran Muhammad Jumaidi Pamalingan Muhammad, Nurcholis Muhlis Masin Muhlis Muhlis MUHTAR LUTFI Mujahidin Mujahidin Mukhtar Galib Mukhtar Galib Mukhtar Lutfi Mukhtar Lutfi Muntu, Andi Tenri Sri Murtiadi Awaluddin Musfirah HR Muslimin Kara Mustakim Muchlis Nafisya, Zahwah Aulia Nur Annisa Nur Haslin, Muh Ilham Nuraulia Aco Dahrul Nurbaeti Nurchalisa Nurfakhruddin Al Mubarak Nurhidayah Nurhidayah Nurhidayat Nurhidayat Nurjannah Nurjannah Nurjannah Nurjannah Nurul Magfiratullah Putri Ayu Ramadhani R, Randy Rachma Febriyanti Raden Mohamad Herdian Bhakti Rahman Ambo Masse Rahman R., Abd. Rahmawati, Rahmawati Ramdhani ilham, Rizky Amaliyah Ramlah Ramlah Ramlah Ramlah Ramlah Rasnawati Rika Dwi Ayu Parmitasari Rizki Rahim Rizky Amaliyah Rizky Amaliyah Rosmila Rostinawati Manaf Sabili, Sabili Sahrul Gunawan Saiful Muchlis Samsul Samsul Sapinah Sastri Ayu Wiranitania Selmiana Salam Siradjuddin Sitti Aisya Solly Aryza Sri Wahyuni St Hafsah Umar Sudarmi Sudarmi Sudarmi Sudarmi Sudirman Sufiani Zahra Sufiani Zahra Sulfiani Sulfiani Sumarlin Sumarlin Sumarni S Supriadi Syaharuddin Syaharuddin Syaharuddin Syahruddin Kadir Syam, Agus Syamsul Bahri Syamsurianto, Syamsurianto Syarif As'ad, Muhammad Syarif, Magfira Syaripuddin Syaripuddin Syatar, Abdul Tarmizi Tarmizi Tarmizi Tarmizi Tengku Riza Zarzani N Titin Hardianti Titin Hardianti Titin Hardianti Trisno Wardy Putra Umar Sulaiman Wulandari, Devy Zulfa Amani Zulika Zulika Zulkifli