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Tinjauan Yuridis terhadap Efektivitas Arbitrase Internasional dalam Menyelesaikan Sengketa Investasi Asing di Indonesia dan Tantangan Struktural Faiq Fatih Alwan; Sang Ayu Putu Rahayu
JOURNAL SAINS STUDENT RESEARCH Vol. 3 No. 3 (2025): Jurnal Sains Student Research (JSSR) JUNI
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jssr.v3i3.4647

Abstract

The selection of a dispute resolution forum is a crucial issue in international investment law. International arbitration, especially through institutions such as ICSID and UNCITRAL, is seen as the main means of ensuring effective dispute resolution and legal certainty for foreign investors. This article examines the effectiveness of the implementation of international arbitration in the context of foreign investment dispute resolution in Indonesia using a legal approach and highlights the structural challenges that are still faced in practice. The analysis covers aspects of jurisdiction, enforcement of decisions, and legal and institutional barriers that hinder optimal legal protection for investors. The findings show that although the Indonesian legal framework has accommodated the principles of international arbitration through the ratification of major conventions, its implementation is still not fully effective. The lack of regulatory harmonization, limited institutional capacity, and inconsistent interpretation of public order are the main inhibiting factors. Legal reform and strengthening of law enforcement institutions are needed to create a more conducive investment climate that is in line with international standards.
KEABSAHAN KONTRAK DALAM EKONOMI SYARIAH: PERSPEKTIF FIQH MUAMALAH Faiq Fatih Alwan; Baidhowi Baidhowi
JURNAL AKADEMIK EKONOMI DAN MANAJEMEN Vol. 2 No. 2 (2025): JURNAL AKADEMIK EKONOMI DAN MANAJEMEN  Juni
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jaem.v2i2.4983

Abstract

The validity of contracts in Islamic economics is one of the fundamental aspects in fiqh muamalah which functions to ensure that transactions run in accordance with Islamic principles. This study discusses the requirements for valid contracts in Islamic economics based on the provisions of fiqh muamalah, including the pillars and conditions of the contract, prohibitions in transactions (riba, gharar, and maysir), and the relevance of Islamic contract law in the modern economic system. This study also compares Islamic contracts with conventional contract law to identify the advantages and challenges in their implementation, especially in Islamic banking and business in Indonesia. With a descriptive-analytical approach, this article highlights the importance of compliance with Islamic principles in order to create a fair and just economic system.