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Normative Review of Economic Democracy In The Indonesian Sharia Banking Legal Framework Riza Hafizi, Muhammad; Rahman, Zainur
Jurnal Ilmu Hukum Tambun Bungai Vol 9 No 1 (2024): June 2024
Publisher : Sekolah Tinggi Ilmu Hukum Tambun Bungai Palangka Raya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61394/jihtb.v9i1.379

Abstract

This research is a normative review of economic democracy within the legal framework of Indonesian sharia banking. In this context, this article aims to explore how the principles of economic democracy are reflected in the legal regulation of Islamic banking in Indonesia. The research method used is a normative approach involving a literature review and legal analysis of sharia banking regulations in Indonesia. The research results show that bank regulations in Law no. 7 of 1992, Law no. 10 and 21 of 1998, as well as other regulations, consistently promote democratic principles in Indonesia's national financial system. The Indonesian sharia banking institutional system which began in December 1983 marked an important first step in integrating sharia principles into the national banking system. Apart from that, the importance of the prudential principle in regulating sharia banking in Indonesia is also emphasized in this research. The precautionary principle aims to ensure that banks operate legally and in accordance with the principles of sharia law, as well as to protect consumer interests. This research provides valuable insight into how economic democracy is reflected in Indonesia's Islamic banking legal framework. The implications of these findings can be used to increase understanding of the importance of economic democracy in building an inclusive and sustainable financial system in Indonesia.
Creative Economic Empowerment of Wool and Polyester Hand Craft at the Bina Sejahtera Orphanage Palangka Raya Rahman, Nur Fuadi; Safitri, Novi Angga; Arifin, Muhammad Zainal; Syarifuddin; Riza Hafizi, Muhammad
Amala Jurnal Pengabdian Kepada Masyarakat Vol. 1 No. 1 (2022): May 2022
Publisher : Faculty of Economics and Islamic Business State Islamic University of Palangka Raya

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (562.059 KB) | DOI: 10.23971/amala.v1i1.8

Abstract

The COVID-19 pandemic gave birth to a policy of learning from home or online learning. This policy raises various problems, one of which is saturation in online learning activities. This boredom is also felt by the children of the Bina Sejahter Orphanage because they only focus on studying at home (the orphanage) and they have a lot of free time left. Free time that is owned by the children in the orphanage that can be used for useful things, one of which is making handicrafts. One of the handicrafts that produce economic value, namely handicrafts from wool and polyester yarn. From wool and polyester we can make various kinds of handicrafts such as flowers, flower pots, key chains, souvenirs, brooches, mask hooks, wall hangings, knitting bags, and others. For this reason, the implementers of community service activities of the Syari'ah Economics Study Program, Faculty of Economics and Islamic Business IAIN Palangka Raya carry out community service by providing Creative Economy Empowerment Assistance for Handicrafts from Wool and Polyester Yarn at the Bina Sejahtera Orphanage, Palangka Raya City. The children and also the caretaker of the orphanage were very enthusiastic about participating in the activities held.