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Cash Waqf Linked Sharia Micro Insurance (CWLSMI) Sebagai Proteksi Dana Darurat Pelaku Usaha Mikro Faisal, Ryan
Jurnal Ilmiah Ekonomi Islam Vol 10, No 1 (2024): JIEI : Vol.10, No.1, 2024
Publisher : ITB AAS INDONESIA Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jiei.v10i1.11459

Abstract

The scientific work aims to introduce Cash Waqf Linked Sharia Micro Insurance (CWLSMI), an innovative approach to facilitate Sharia micro insurance contributions for micro-business actors using their owned products. Micro-business actors' product portfolios will be cataloged based on global community interests, and the management will be funded through productive waqf assets. Revenue generated from product sales will fund contributions to Sharia micro insurance for micro-business actors, their families, and contribute to government social security programs. CWLSMI serves as a financial planning reference for micro-business actors, fostering benefits for the halal industry. This qualitative research utilizes a narrative approach, incorporating primary data from search results and stakeholder interviews, complemented by secondary data from scientific journals and government reports. The initiation of CWLSMI is proposed as a recommendation to the government for enhancing the welfare of micro-business actors in Indonesia.
Position of Electronic Agreements (E-Contract) in Emaster Online Arisan as Evidence in Civil Procedure Law Saputra, Ade Rizki; Gunati, Mira; Faisal, Ryan
Jurnal Multidisiplin Madani Vol. 5 No. 1 (2025): January 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/mudima.v5i1.13593

Abstract

In the digital era, the internet has significantly transformed various aspects of life, including financial systems and social interactions. One notable change is the shift from traditional face-to-face arisan (a rotating savings and credit association) to online arisan facilitated through social media platforms and electronic banking. This study examines the legal validity of electronic agreements (e-contracts) in online arisan, focusing on the case of Emaster Online Arisan as evidence in civil procedure law, particularly in Decision No. 41/Pdt.G/2021/PN Pwd. The research employs a normative legal approach, analyzing the Indonesian Civil Code, Law No. 11 of 2008 on Electronic Information and Transactions (UU ITE), and relevant case law. The findings indicate that online arisan agreements, even if not formally documented, are legally binding as long as they meet the requirements stipulated in Article 1320 of the Civil Code, which includes the agreement of the parties, legal capacity, a specific object, and a lawful cause. The study concludes that electronic agreements are recognized and protected under Indonesian law, and the court's decision in the Emaster case underscores the principle of pacta sunt servanda, ensuring that parties must fulfill their contractual obligations
Cash Waqf Linked Sharia Micro Insurance (CWLSMI) Sebagai Proteksi Dana Darurat Pelaku Usaha Mikro Faisal, Ryan
Jurnal Ilmiah Ekonomi Islam Vol. 10 No. 1 (2024): JIEI : Vol.10, No.1, 2024
Publisher : ITB AAS INDONESIA Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jiei.v10i1.11459

Abstract

The scientific work aims to introduce Cash Waqf Linked Sharia Micro Insurance (CWLSMI), an innovative approach to facilitate Sharia micro insurance contributions for micro-business actors using their owned products. Micro-business actors' product portfolios will be cataloged based on global community interests, and the management will be funded through productive waqf assets. Revenue generated from product sales will fund contributions to Sharia micro insurance for micro-business actors, their families, and contribute to government social security programs. CWLSMI serves as a financial planning reference for micro-business actors, fostering benefits for the halal industry. This qualitative research utilizes a narrative approach, incorporating primary data from search results and stakeholder interviews, complemented by secondary data from scientific journals and government reports. The initiation of CWLSMI is proposed as a recommendation to the government for enhancing the welfare of micro-business actors in Indonesia.
Alleged Violation of Article 22 of Law Number 5 of 1999 Regarding the Procurement of Road Construction Work Packages (Acceleration Program) Package 3 (Pelangan-Sp. Pengantap 3) and Package 4 (Pelangan-Sp. Pengantap 4) at the Public Works and Spatial Planning Service Working Unit West Nusa Tenggara Province APBD Fiscal Year 2017-2018 Decision: 35/KPPU-I/2020 Manurung, Agustinus; Faisal, Ryan; Cahyad, Aep Hendar
Formosa Journal of Sustainable Research Vol. 3 No. 5 (2024): May 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjsr.v3i5.9113

Abstract

This research analyzes alleged violations of Article 22 of Law no. 5 of 1999 regarding the practice of rigging tenders in the procurement of Packages 3 and 4 for road construction in NTB in 2017-2018. The analysis was carried out based on KPPU decision Number 35/KPPU-I/2020 and various other sources of information. The results of the analysis show that there are strong indications of violations of Article 22 of Law no. 5 of 1999, with horizontal and vertical conspiracy modes
Settlement of Investment Disputes Based on the Bilateral Investment Treaty through Arbitration of the International Centre for Settlement of Investment Disputes (Case Study of Rafat Ali Rizvi vs. the Republic of Indonesia) Saputra, Ade Rizki; Gunati, Mira; Faisal, Ryan; Mardiansah, Songgi; Wiradirja, Imas Rosidawati; Pranadita, Nugraha
Formosa Journal of Sustainable Research Vol. 3 No. 11 (2024): November 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjsr.v3i11.12226

Abstract

This study discusses foreign investment disputes involving Indonesia in international arbitration forums, particularly under the jurisdiction of ICSID (International Centre for Settlement of Investment Disputes). The main focus of this study is on the interpretation of the provisions of Article 2 paragraph (1) in the Indonesia-UK Bilateral Investment Treaty (BIT), which regulates the conditions for the entry of foreign investment in Indonesia. In the Rafat Ali Rizvi case, the arbitration panel decided that the process of entering investment that does not comply with the provisions of the Foreign Investment Law (UU PMA) cannot be included in the scope of the BIT. This study provides important recommendations for Indonesia in re-evaluating the provisions in each BIT involving Indonesia, as well as conducting further studies on ICSID arbitration decisions to understand the interpretation of BIT articles related to jurisdiction and the subject matter. Thus, this study aims to strengthen Indonesia's position in facing investment disputes at the international level