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Zona Law And Public Administration Indonesia
Published by Yayasan Mentari Madani
ISSN : -     EISSN : 29885345     DOI : -
Core Subject : Religion, Humanities, Social,
Religion Humanities Law, Crime, Criminology & Criminal Justice Social Sciences
Zona Law And Public Administration Indonesia focus is to publish manuscripts of study results, and specific conceptual ideas in the field of Law and Public Administration. Submitted articles may cover topical issues in Criminal Law, Civil Law, International Law, Islamic Law, Islamic Economic Law, Agrarian Law, State Administrative Law, Criminal Procedure Law, Commercial Law, Constitutional Law, Civil Procedure Law, Customary Law, and Environmental Law, Public Policy, Public Management, Public Sector Innovation, Decentralization, Regional Autonomy and Governance, Local Politics and Democracy, politics, human rights and autonomy and rural/village government
Arjuna Subject : Ilmu Sosial - Hukum
Articles 80 Documents
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Ihtikar In The Social Frame: A Sociological Analysis Of Economic Dynamics And Their Impact In The Contemporary Contex Islah Siregar, Muhamad; Arifin, Tajul; Abdal, Abdal
Zona Law And Public Administration Indonesia Vol. 2 No. 1 (2024): JANUARY 2024
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Abstract

This research deepens sociological studies  of the phenomenon of ihtikar, an economic practice in which individuals or groups hoard goods or resources with the intention of increasing value or prices in the market. Using a sociological approach, this study aims to understand the impact of ihtikar on social structure, conflict, and social interaction in society. Analysis of the distribution of resources in the context of ihtikar reveals the dynamics of power and inequality that may arise within society. Class struggle, as a result of ihtikar, takes center stage to understand how this practice can deepen social inequality. The interconnectedness of  ihtikar  with social interactions and market dynamics provides deeper insight into how this economic behavior affects relationships between individuals and impacts daily life. economics, and culture to understand ihtikar as a phenomenon involving complex dynamics in society. The results of this study are expected to contribute to our understanding of the role of ihtikar in shaping social structure, conflict, and social interaction, as well as provide a foundation for policy debates and social actions that are more effective in addressing their impacts
The Hybrid Contracts in Trade Finance and Letters of Credit Against Multipurpose Financing Yustika Pratiwi, Hamlatussa’adah; Herdiana Abdurrahman, Nana; Prasetyo, Yoyok
Zona Law And Public Administration Indonesia Vol. 2 No. 1 (2024): JANUARY 2024
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Abstract

The concept of "Hybrid Contract" in Islamic financial institutions refers to the combination or combination of two or more types of contracts or sharia agreements to achieve certain goals in accordance with sharia principles. In the context of Islamic banking, this refers to the use of more than one type of contract or financing mechanism in a single transaction to meet complex needs and requirements. Hybrid Contract in trade finance and Letter of Credit (L/C) multipurpose financing in sharia financial institutions refers to the combination or combination of two or more different types of sharia contracts or agreements to meet the needs of complex trade finance and multipurpose financing in the sharia context. This is a flexible approach that allows Islamic financial institutions to design financing solutions that comply with Sharia principles and the needs of their customers.
The Application of Akad Wakalah Bil Ujrah and Hawalah to Shariah Banking With a Focus on Ijarah Muntahiya Bitamlik and Mudharabah Products in the Perspective of Sharia Economic Law Rahmat Mulyadin, Hari; Herdiana, Nana; Prasetyo, Yoyok
Zona Law And Public Administration Indonesia Vol. 2 No. 1 (2024): JANUARY 2024
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Abstract

The application of sharia principles in banking is very important in the Islamic finance industry. One of the principles used is the wakalah bil ujrah and hawalah contracts, which are used in products such as ijarah muntahiya bitamlik and mudharabah. This article discusses the application of wakalah bil ujrah and hawalah contracts in Islamic banking with a focus on these products from the perspective of Islamic economic law. It will discuss the basic concepts of these contracts, their implementation in ijarah muntahiya bitamlik and mudharabah products, and analyze their compliance with the principles of Islamic economics.
The Application of Hybrid Contract Concept in Ijarah Muntahiyah Bittamlik (IMBT) Product Abduloh, Ade; Herdiana, Nana; Prasetyo, Yoyok
Zona Law And Public Administration Indonesia Vol. 2 No. 1 (2024): JANUARY 2024
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This paper reviews the important role of hybrid contracts in the sharia finance industry, focusing on a case study of Ijarah Muntahiyah Bittamlik (IMBT) based on the views of scholars and DSN MUI regulations. An analytical descriptive approach is used to identify various types of hybrid contracts as well as highlighting the scholars' perspectives on IMBT. The results of this study clarify the concept of hybrid contract as a combination of two or more contracts that are considered as a whole unit. Furthermore, this study analyzes how IMBT is applied in Islamic banking practices and how scholars view its legal status. This research emphasizes the importance of understanding the complexities and implications of the use of hybrid contracts in the context of Islamic economic jurisprudence. Taking into account the differing views, the research highlights the need for clarity in the use of hybrid contracts, by ensuring that their implementation is in line with established sharia principles. The conclusion emphasizes the importance of an in-depth understanding of hybrid contracts in the context of the shariah finance industry as well as the need for a clear regulatory framework to ensure integrity and compliance in shariah finance practices.
Syndicated Financing at Bank Syariah Indonesia in the Perspective of Sharia Economic Law Muqsith, Muhammad; Herdiana Abdurrahman, Nana; Prasetyo, Yoyok
Zona Law And Public Administration Indonesia Vol. 2 No. 1 (2024): JANUARY 2024
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Abstract

The purpose of this article is to describe and analyze syndicated financing of Islamic banks in Indonesia from the point of view of sharia economic law. This research uses qualitative research methods with the type of literature research used to analyze the formulation of this research problem. The results of this study show that Islamic banking product innovation can be achieved through the introduction of hybrid contracts or multiple contracts. Syndicated financing products emerged in the banking world due to the need for large amounts of financing, which Islamic banks could not support alone. Therefore, it must cooperate with other banks. Syndicated financing is allowed based on Fatwa DSN Number 91/DSN-MUI/IV/2014. Sharia syndicated financing at Islamic banks usually uses the Musharakah Mutanakisha contract.
Musharakah Contract Implementation in the Financing of Shariah Newspaper Accounts: Hybrid Contract dalam Pembiayaan Rekening Koran Syariah (PRKS) Nailus Sakinah; Miftahul Ikhsan, Muhammad; Herdiana, Nana; Setiawan, Iwan
Zona Law And Public Administration Indonesia Vol. 2 No. 1 (2024): JANUARY 2024
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Abstract

Islamic banks have developed a number of new projects, including contracts in fiqh mu'amalah. Besides being accepted by Islamic banks, some fiqh mu'amalah contracts are modified to accommodate regional needs. Basically, the engineering of contracts in fiqh muamalah is one of the many innovative efforts that have been made by Islamic banks. This research is a literature review, which is a term for a research methodology that concentrates on collecting data from various sources. Academic books, research reports, and journal articles are examples of academic literature that serve as data sources in this research. The result of the research is Sharia Current Account Financing (PRKS) is a revolving working capital financing facility with the principle of musyarakah profit sharing with Line Facility. PRKS was developed to meet the needs of the community in its business operations. An important point in the PRKS mechanism is carried out based on a musyarakah contract. PRKS also allows the use of current accounts in accordance with the agreed customer business needs.
Application of Hybrid Contracts Concept in Islamic Credit Card Products and Murabahah Financing Syaukani, Syaukani Rahmat; Herdiana, Nana; Yoyok, Yoyok Prasetyo
Zona Law And Public Administration Indonesia Vol. 2 No. 1 (2024): JANUARY 2024
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Abstract

Contracts are a fundamental element in modern contract and business law. A contract is usually a written agreement between two or more parties that stipulates the rights, obligations and responsibilities of each party regarding a particular transaction or agreement. However, in the ever-evolving business world, there are situations where the needs and objectives of the parties cannot always be accommodated by traditional contract models. Including innovation and business development in the Sharia Card concept and Murabahah bil Wakalah financing are examples of Hybrid Contracts. This research uses a descriptive qualitative methodology to describe and analyze in depth based on the data obtained. The view of fiqh experts regarding hybrid contracts is an important issue in the context of Sharia business. The majority of ulama tend to view hybrid contracts as permissible in Sharia principles, referring to the rule of al-istishab al-ashliyah, which states that everything is considered halal as long as there are no arguments indicating its haraam. However, debate has arisen regarding the hadith which prohibits two buying and selling in one contract. Although there are different views among schools of fiqh, the hybrid contract concept is considered to be applicable in Sharia economic transactions by paying attention to the underlying principles of Islamic law, including the application of the contract concept used in Sharia Cards and murabah bil wakalah contract financing.
Application of the Hybrid Contract Concept to Rahn Products At the Sharia Pawnshop fattah, Abd Fattah; Herdiana Abdurrahman, Nana; Yoyok, Yoyok
Zona Law And Public Administration Indonesia Vol. 2 No. 1 (2024): JANUARY 2024
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Abstract

Changes and the growth of shari'ah financial problems have faced widespread challenges. Among the important pillars for creating shari'ah financial products in serving the demands of modern society is the development of hybrid conctract (multi-contract). This paper analyzes rahn products that are widely practiced in shari'ah financial institutions, especially shari'ah pawnshops, from the point of hybrid contract. This research uses a qualitative approach with a type of case study research at Pegadaian Syariah Jombang. One of the data collection techniques is in the form of documentation, namely a rahn transaction agreement document between pawn customers and the Jombang Regency shari'ah pawnshop. Data analysis of this study in addition to using the fiqh approach also uses a substantive-normative approach in Islamic legal thinking. The results showed that rahn products in shari'ah pawnshops are still questionable shari'ah practices. If examined more deeply based on the criteria of permissible hybrid contracts, then this product can be included in the prohibited hybrid contract, because it is included in the combination of buying and selling with debts prohibited by hadith and scholars, because it combines two contracts that contradict its character and nature.
Sharia Economic Law in the Perspective of Anthropology and Sociology Nursyamsudin, Pebriyana; Arifin, Tajul; Abdal
Zona Law And Public Administration Indonesia Vol. 2 No. 1 (2024): JANUARY 2024
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Abstract

Anthropology and sociology of Islamic economic law complement each other in understanding this legal phenomenon. Anthropology helps in understanding cultural contexts and traditions, while sociology helps identify the social and structural factors that influence them. The method used in this article is qualitative method, using literature studies whose sources are from books and journals related to the discussion of anthropology and sociology of Islamic economic law. This study opens opportunities to explore the practice, understanding, and social and cultural implications of Islamic economic law, thus enriching moral and ethical insights in Islamic economics more comprehensively. Therefore, this article tries to provide an overview of the Anthropology and Sociology of Islamic Economic Law
Application of Hybrid Contracts Concept in Factoring Fauzan, Ihsan; Herdiana Abdurrahman, Nana; Prasetyo, Yoyok
Zona Law And Public Administration Indonesia Vol. 2 No. 1 (2024): JANUARY 2024
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Abstract

In the business world, business people and companies always want to speed up their production of goods, so that they can increase profits and speed up capital turnover which in turn will encourage economic growth. With the increasing public demand for goods, this has resulted in the rise of many companies providing fresh funds or loan funds as capital obtained from factoring institutions. Factoring financing institutions are defined as business entities that carry out financing activities in the form of purchasing and/or transferring and managing short-term receivables. As an alternative for business funding, factoring is not as popular as other types of funding, even though this funding alternative is quite promising, especially at this time. The problem approach in this research uses a library study method which is carried out by collecting and analyzing several written works. The steps carried out in this literature study method are reducing data in the form of editing and summarizing in order to obtain main data regarding the essence related to factoring institution innovation (Factoring). The results of the research and discussion show that financing companies that provide receivable transfer services using the concept of factoring will make it easier for companies to settle their receivables and avoid unexpected risks such as default (broken promises) from other parties.

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