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THE DEVELOPMENT OF SHARIA ECONOMIC LAW THROUGH THE PROCESS OF IJTIHAD: A LITERATURE STUDY ON THE INFLUENCE OF NATIONAL REGULATIONS AND SHARIA PRINCIPLES IN ECONOMIC ACTIVITIES IN INDONESIA Gunawan Widjaja; Siti Nur Azizah
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 12 (2025): SEPTEMBER
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This study examines the development of Islamic economic law in Indonesia through the process of ijtihad, with a focus on the influence of national regulations and Sharia principles in economic activities. Using a literature review method, this study examines various sources, including national regulations, fatwas from the National Sharia Council of the Indonesian Ulema Council, and rulings from Religious Courts related to Islamic economic law. The findings reveal that national regulations serve as the legal foundation providing certainty and protection for sharia economic actors, while the ijtihad process acts as a dynamic instrument enabling the adaptation of sharia law to economic developments and innovations in sharia financial products. The synergy between regulations and ijtihad forms a responsive, inclusive, and sustainable legal framework for sharia economics, thereby supporting Indonesia's position as a global centre for sharia economics.
LEGAL ANALYSIS OF THE IMPLEMENTATION OF SHARIA BANKING LAW AND COMPILATION OF SHARIA ECONOMIC LAW IN STRENGTHENING THE NATIONAL FINANCIAL SYSTEM IN INDONESIA Gunawan Widjaja; Siti Nur Azizah
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 12 (2025): SEPTEMBER
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This study conducts a legal analysis of the implementation of the Islamic Banking Law and the Compilation of Islamic Economic Law in efforts to strengthen the national financial system in Indonesia. Using a literature review method, the study evaluates the legal and regulatory aspects governing Islamic banking, as well as the role of the Compilation of Islamic Economic Law as a normative foundation in Islamic economic practices. The results of the study indicate that the Islamic Banking Law provides a solid legal framework for the operation of Islamic banking in accordance with Islamic principles, while the Compilation of Islamic Economic Law serves as a legal guideline for religious courts and Islamic financial institutions in resolving disputes and regulating Islamic economic transactions. The integration and strengthening of the implementation of these two legal instruments have the potential to enhance stability, inclusion, and justice in the national financial system. However, efforts to improve regulations and adapt to economic and technological developments must continue to ensure that the role of Islamic finance in national development can be maximised sustainably.
THE ROLE OF PALM OIL WORKERS IN ENSURING LIVELIHOOD SECURITY AND SOCIO-ECONOMIC RESILIENCE: A LITERATURE REVIEW ON WELFARE, SOCIAL JUSTICE, AND SUSTAINABLE DEVELOPMENT IN THE PLANTATION SECTOR Yustinus Lambang Setyo Putro; Siti Nur Azizah; Gunawan Widjaja; Dyah Ersita Yustanti
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 3 No. 2 (2025): INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE)
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This study examines the role of palm oil workers in ensuring livelihoods and socio-economic resilience through a literature review focusing on aspects of welfare, social justice, and sustainable development in the palm oil plantation sector. This study highlights the importance of welfare, including decent income, access to social services, and protection of workers' rights as the main foundations for strengthening socio-economic resilience. Furthermore, this study emphasises the role of social justice in ensuring the fair distribution of benefits and opportunities, as well as the need for environmentally conscious plantation management to support sustainable development and ecosystem balance. Through a holistic and participatory approach, this study concludes that strengthening the active role of the palm oil worker community is vital to creating an inclusive, equitable, and sustainable plantation industry for the sake of the sustainability of life and the environment for future generations.
THE ROLE OF ECONOMIC LAW IN ADAPTING TO GLOBALISATION AND TECHNOLOGICAL ADVANCEMENTS: A LITERATURE REVIEW Gunawan Widjaja
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 12 (2025): SEPTEMBER
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This study examines the role of economic law in adapting to globalisation and technological advancement through a literature review. Globalisation and the development of digital technology have brought about significant transformations in the dynamics of the global economy, requiring rapid, responsive, and innovative legal regulatory adaptation. Economic law functions as a normative framework that regulates trade, investment, consumer protection, and transaction security in the modern era. Through a literature review, this study identifies the main challenges faced by economic law, such as harmonisation of regulations between countries, personal data protection, regulation of the digital economy, and inclusiveness in economic development. This study also emphasises the importance of adaptive and harmonious legal reforms to maintain legal certainty, encourage innovation, and ensure social justice and sustainable economic development. The results of this study are expected to serve as a basis for policymakers and legal practitioners in formulating relevant and progressive economic law development strategies amid the tide of globalisation and technological revolution.
LEGAL CHALLENGES AND OPPORTUNITIES IN ECONOMICS AMID GLOBAL INTEGRATION AND TECHNOLOGICAL ADVANCEMENTS: A REVIEW OF THE REGULATORY FRAMEWORK Gunawan Widjaja
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 12 (2025): SEPTEMBER
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This study discusses legal challenges and opportunities in the economy amid global integration and technological advances, with a focus on reviewing the regulatory framework. The dynamics of globalisation and digital technological innovation have brought significant changes to economic processes that require adaptive and responsive legal regulations. However, this study finds that legal uncertainty due to regulatory disparities between countries, weak law enforcement, and issues of cybersecurity and data protection are major challenges that hinder economic stability. On the other hand, technological advances provide opportunities to strengthen transparency, international collaboration, and the development of innovative technology-based regulations that can promote inclusive and sustainable economic growth. An in-depth literature review was used to explore these aspects as a basis for recommendations for updating an effective and equitable economic legal regulatory framework. The results of this study are expected to serve as a reference for policymakers and stakeholders in managing economic legal regulation in today's digital and global era.
ADAPTATION OF NATIONAL ECONOMIC LAW TO INTERNATIONAL INTEGRATION AND DIGITAL TRANSFORMATION: A LITERATURE REVIEW Gunawan Widjaja
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 12 (2025): SEPTEMBER
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This study examines the adjustment of Indonesia's national economic law in facing two major phenomena, namely international integration and digital transformation, through a literature review method. Economic globalisation requires regulatory harmonisation so that Indonesia can actively participate in international trade and investment without sacrificing national interests. Meanwhile, the rapid development of digital technology has changed the economic paradigm and created a need for regulations that are responsive to innovation and personal data protection. This literature review identifies the challenges, opportunities, and legal adjustment strategies that must be undertaken to maintain a balance between domestic interests and global demands, while creating an inclusive and sustainable digital economic ecosystem. The results of this study are expected to serve as a reference for policymakers and academics in developing adaptive and progressive economic legal regulations.
COST ASPECTS OF RENEWAL IN ASSET MANAGEMENT AND FINANCIAL REGULATION Gunawan Widjaja
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 12 (2025): SEPTEMBER
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This study examines the cost aspects of asset depreciation and financial regulations that affect the financial management and reporting of entities. Using a literature review method, this study analyses the classification of depreciation costs, their impact on asset performance, and how financial regulations govern the management of these costs to comply with applicable accounting standards and fiscal policies. The results of the study indicate that effective cost management must be supported by compliance with financial regulations to ensure transparency, accountability, and asset sustainability. This study provides an important theoretical basis for policymakers and practitioners in designing efficient and regulatory-compliant asset management strategies.
THE RELATIONSHIP BETWEEN UNEMPLOYMENT RATES, ECONOMIC INCENTIVES, AND PROPERTY CRIME Danang Rahmat Surono; Gunawan Widjaja
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 12 (2025): SEPTEMBER
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This study examines the relationship between unemployment rates, economic incentives, and property crime through a literature review. High unemployment rates are often a major factor that drives individuals to commit property crimes in order to meet their economic needs. On the other hand, economic incentives such as social assistance, skills training programmes, and economic subsidies play an important role in reducing the motivation to commit crimes by providing legitimate alternatives for income. This study highlights that the effectiveness of economic incentives is greatly influenced by the quality of governance, fair distribution, and integration with other social policies. The study finds that combating property crime requires a multisectoral approach that synergises unemployment reduction, economic incentives, social strengthening, and improved education to create a safe and productive society.
THE INFLUENCE OF UNEMPLOYMENT AND LACK OF LEGAL INCOME ON THE INCREASE IN PROPERTY CRIME Danang Rahmat Surono; Gunawan Widjaja
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 12 (2025): SEPTEMBER
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This study aims to examine the influence of unemployment and lack of legal income on the increase in property crime through a literature review method. Unemployment and lack of legal income are two economic and social factors that contribute significantly to individuals committing property crimes, such as theft, robbery, and embezzlement. The literature review shows that unemployment creates strong economic and social pressures, while the absence of legal income narrows opportunities to earn a legitimate income, thereby encouraging criminal acts as an alternative. This study concludes that reducing unemployment and increasing access to legal income through effective economic and social policies are essential to reducing property crime rates and improving community welfare.
THE ECONOMICS OF LAND MAFIA: SPECULATION, MARKET DISTORTION, AND POLICY IMPLICATIONS Gunawan Widjaja
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 12 (2025): SEPTEMBER
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This study examines the economic dynamics of land mafia, focusing on speculation practices, market distortions, and relevant policy implications in the context of land management in Indonesia. Land mafia uses various modus operandi to illegally control and trade land, causing disproportionate increases in land prices and market failures in the form of monopolies and manipulation. This condition narrows public access to land ownership and exacerbates socio-economic inequality. The research method used was a literature review, which examined various literature, case reports, and existing policies to obtain a comprehensive understanding of the speculation and market distortion caused by the land mafia and to assess the effectiveness of the policies implemented. The results of the study emphasise the need for integrated and digitally-based land management reform, strengthened law enforcement, and community participation in land market supervision. A holistic and inclusive policy approach is urgently needed so that the land market can function fairly and support sustainable development. This study provides recommendations for policymakers to improve transparency, accountability, and effectiveness of land market regulation in order to suppress land mafia practices.
Co-Authors Aat Ruchiat Nugraha Abadi, Songga Aurora Abd. Basir Abdul Samad Arief Abdul Wahab Syakhrani Abdur Rahman Achmad Fazrin Adi Rumanto Waruwu Adrian Bima Putra Adrian Bima Putra Advitama, Dave Affandi Affandi Agus Supriyanto Agus Supriyanto Agustinus Nugroho Jati Aisyah, Shyavara Alam Anbari Anastasia Prestika Andina Rahmayani Andreani Dewanto Andreas Harry Andreas Harry Anggia Az Zahra Anindita Widyapradnya Annas Tasya N.A Annas Tasya N.A, Annisa Rachmawati, Dsk Putu Ayu L.A, Khaerunnisa Ade P., Muhammad Fachri, Pradita Ajeng S.A Annisa Purwo Hastuti Annisa Rachmawati Ari Rahmat Elsad Arif Rahman Baihaqi Arman Harahap Asep Saepullah Aslan Aslan Aslan Aslan Aswan Athalia Christine L Ayu Miya Maryani B.M.A.S. Anaconda Bangkara Bintan R. Saragih Brian Matthew Budi Suranto Bangun Cecep Suhardiman Cecep Suhardiman Cecep Suhardiman Cesarianti, Fransiska Milenia Chairunnissa Chairunnissa Christiawan, Rio Christina Herawati G Damun, Damun Danang Rahmat Surono Dave Advitama Delia Bazlina Deny Wicaksono, Deny Dhanudibroto, Handojo Dheas Syahreza Muslim Diana ., Diana Diana Laila Ramatillah Dimas Tripraditiya Dipo Pramudito Dipo Pramudito Dsk Putu Ayu L.A Dumilah Ayuningtyas Dyah Ersita Yustanti Dyah Ersita Yustanti Dyah Ersita Yustanti Dyah Ersita Yustanti Dyah Ersita Yustanti Ekasari, Silvia Ekha Sri Sugiarti Elisabeth Purnama Massang Enna Budiman Enna Budiman Ersita Yustanti, Dyah Fachrurazi Farika Nikmah Farrel Abiyu Ramadhana Fitra Sri Rahayu Grace Riana H. Deni Salahuddin Hadenan Towpek Hadenan Towpek Halim , Adriansyah Handojo Dhanudibroto Handojo Dhanudibroto Handojo Dhanudibroto Handojo Dhanudibroto Hansel Kalama Hardijan Rusli, Hardijan Harry, Andreas Hatta, Ignatius Bambang Sukarno Hendra . Hendrawan Hendrawan Hendriarto, Prasetyono Heri Kustanto Hernita Hernita Hernita Hotma P. Sibuea Hotmaria Hertawaty Sijabat Hotmaria Hertawaty Sijabat Hotmaria Hertawaty Sijabat Hotmaria Hertawaty Sijabat Hotmaria Hertawaty Sijabat Hotmaria Hertawaty Sijabat Hotmaria Hertawaty Sijabat Hotmaria Hertawaty Sijabat Ita Nurcholifah Iyad Abdallah Al- Shreifeen Iyad Abdallah Al-Shreifeen Jahidin Kuswanto Januar Agung Saputera Jessica Francis Gunawan Jestin Justian Juliana, Juliana Junior B. Gregorius Karunia Ilham Karim Kevin Neil McVey Khaerunnisa Ade P. Khairul Nizam bin Zainal Badri Khalimi Khalimi Khalimi Lalu Syaifudin Lidya Cristy S Loso Judijanto M Reydhi Suwanda M Ruswan Talaohu M. Hafiz Aini M. Zahari Mahmudin, Tono Mailinda, Nur Martedjo, Wagiman Martin Maurer M.Marpaung Megasari Sijabat, Fittry Mellisa Efiyanti Mellisa Efiyanti Melyana Melyana Mervyn Mervyn Michael Matthew Michelle Angelika S Mika Anabelle Miya Maryani, Ayu Moch. Isra Hajiri Mochammad Roufal Moh. Imam Ishomuddin Zuhri Mohammad Ahmad Bani Amer Monica Monica Mowafg Abrahem Masuwd Muhammad Anas Ma`arif Muhammad Fachri Muhammad Ikhwan Muhammad Ikhwan Muhammad Nagieb Muhammad Naufal Arifiyanto Muhammad Rayyan Firdaus Muthia Rachman Nadila Citra Aprilia Naiborhu, Mesa Indra Ni Nyoman Ari Triantari Nini Putri Wijaya, Nini Putri Nofianty Helyo Novan Dzaky Pangestu Novi Puji Lestari Novi Rizky Ramadhani Novi Rizky Ramadhani Nugroho, Sudrajat Mukti Nur Ulfa Maulida Nurwita, Nurwita Oggy Satya Tambunan Olivia Pauline Hartanti Poetranto, Soeryo Pradita Ajeng S.A Puji Hastuti Rafa Zahirah Husein Rahadian Bayu Anggoro Rahardja, Tony Rahmat Nasution Raissa Arlyn Manikam Rajes Khana Ramdan Yusuf Renaldi Immanuel Panggabean Renaldi Immanuel Panggabean Retnaningtyas Insyira Retnaningtyas Insyira, Anggia Az Zahra, Nadila Citra Aprilia, Chairunnissa, Muhammad Rayyan Firdaus, Novan Dzaky Pangestu Reza Sutrianingtyas Rahayu Rianti Nurul Oktavia Rif'ah Rif'ah Rifa’at Hanifa Muslimah Rifa’at Hanifa Muslimah Rio Johan Putra Ririn Nurhidayanti Rizka Anindya Manjayani Rizky Yosa Adhi Prabowo Robby Sulivan, Robby Robert Iskandar Rumanto Waruwu, Adi Salmon Sihite Salsa Rizkya Samsuto, Samsuto Sanchita Bhattacharya Sanjaya, Aditya Santika Santika Sarah Ramadona Sardjana Orba Manullang Savira Lovianda Gunawan Sendi Sanjaya Sendi Sanjaya SH Septy Kusuma Septy Kusuma, Arif Rahman Baihaqi, M Ruswan Talaohu, Santika, Sarah Ramadona, Salsa Rizkya Setiawan, Lisno Shella Felicia Shohib MUSLIM Sihite, Salmon Silalahi, Yohanes B O Siti Hafifa Marlinda Putri Siti Nur Azizah Siti Rokayah Songga Aurora Abadi Songga Aurora Abadi Sri Sugiarti, Ekha Sudrajat, Maman Sukh Pawen Jit Kaur Sunnah, Sunnah Syavitri Ramadhani Sylvana, Yana Tahir, Usman Tamrin Tamrin Tanti Herawati Taufik Rahman Taupik Alpiyandi Theresia Vena Tiwi Siftiyani Rosidah Towpek, Hadenan Ummah, Iriaty Khairul Usman Tahir Viony Kresna Sumantri Vivin Caronia WAGIMAN Wagiman Wagiman Wagiman . Wagiman Wagiman WAHYUDI Wibowo Laksono Widodo Wibowo, Basuki Rekso Widjaja, Liza Wijaya, Hanna Wirawan, Vani Yana Sylvana Yohanes Firmansyah Yohanes Firmansyah Yohanes Firmansyah Yohanes Firmansyah Yohanes Firmansyah Yuli Supriani Yuri Anggi Yustinus Lambang Setyo Putro Yustinus Rurie Wirawan Yusuf, Ramdan Zainal Arifin