Sharia Banking Law Reconstruction in Indonesia

Bustamar, Zainuddin, Aidil Alfin

2018

Abstract

This article discusses the development and problematics of Sharia banking law in Indonesia and the urgency of Islamic banking law reconstruction. The study was conducted by using an empirical normative method. The research findings show that the regulation of sharia banking in Indonesia started from Law Number 7 of 1992, amended by Law Number 10 of 1998 and the latest Law Number 21 of 2008 concerning Sharia Banking. Fundamental legal issues are the aqad formula, the aqad form, and the settlement of the sharia banking disputes. Legal reconstruction is required to ensure the application of sharia principles in kaffah, both in formulation and form of aqad, as well as in the settlement of sharia banking disputes.

Paper Citation

in Harvard Style

Bustamar., Zainuddin. and Alfin A. (2018). Sharia Banking Law Reconstruction in Indonesia.In Proceedings of the 1st International Conference on Recent Innovations - Volume 1: ICRI, ISBN 978-989-758-458-9, pages 1162-1168. DOI: 10.5220/0009924211621168

in Bibtex Style

@conference{icri18,
author={Bustamar and Zainuddin and Aidil Alfin},
title={Sharia Banking Law Reconstruction in Indonesia},
booktitle={Proceedings of the 1st International Conference on Recent Innovations - Volume 1: ICRI,},
year={2018},
pages={1162-1168},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009924211621168},
isbn={978-989-758-458-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Recent Innovations - Volume 1: ICRI,
TI - Sharia Banking Law Reconstruction in Indonesia
SN - 978-989-758-458-9
AU - Bustamar.
AU - Zainuddin.
AU - Alfin A.
PY - 2018
SP - 1162
EP - 1168
DO - 10.5220/0009924211621168