International Journal of Artificial Intelligence Research
Vol 6, No 1.1 (2022)

Navigating the Intersection of Business Competition and Islamic Law: A Legal Study

Faisal Santiago (Universitas Borobudur)



Article Info

Publish Date
29 Dec 2022

Abstract

This research is based on the need to understand the regulation of business competition in the context of Islamic law, which is an essential aspect in building a just and sustainable economic system in countries with a majority Muslim population. The idea of this article is based on a misguided understanding of business regulations based only on conventional legal practices. At the same time, Islamic law regulates matters related to business competition. Scientific contributions pertain to the discussion of how commercial competition laws should be applied in the context of Islamic law in the modern era. The conclusion drawn from this paper is that it requires criminal provisions and procedures for their implementation. The KPPU institution is also given the authority to confiscate and handle cases. So far, business competition regulations have created a harmful misperception between law enforcers and KPPU as business competition supervisors.

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Journal Info

Abbrev

IJAIR

Publisher

Subject

Computer Science & IT Electrical & Electronics Engineering

Description

International Journal Of Artificial Intelligence Research (IJAIR) is a peer-reviewed open-access journal. The journal invites scientists and engineers throughout the world to exchange and disseminate theoretical and practice-oriented topics of Artificial intelligent Research which covers four (4) ...