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Regulation of Investor Protection of Information Technology-Based Shari'ah Crowdfunding Services in Indonesia from the Perspective of Shari'ah Economic Law Fachruddin, Mohammad Reza; Tajrid, Amir; Heradhyaksa, Bagas
Electronic Journal of Education, Social Economics and Technology Vol 5, No 2 (2024)
Publisher : SAINTIS Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33122/ejeset.v5i2.194

Abstract

Investor protection is needed in IT-based Islamic crowdfunding services to avoid the use of funds that are not in accordance with the predetermined Budget Plan (RAB) and late sukuk payments by the Issuer. In fact, in the report submitted by PT LBS Urun Dana as the organiser, there are several issuers who are late in paying sukuk. This situation raises concerns and losses for investors. This research aims to see how investor protection arrangements for Information Technology-based Islamic crowdfunding services in Indonesia and how the law of these arrangements in the perspective of Sharia Economic Law. This type of research is qualitative literature research with a juridical-normative approach. Data collection is done through documents. This research concludes that there is no law that contains investor protection regulations in IT-based sharia crowdfunding services. The absence of this law has the potential for non-transparent fund management and misappropriation by the Issuer. Clear regulations to avoid losses so that they are in accordance with the agreed agreement. From the perspective of Islamic economic law, the law on investor protection in Information Technology-based Islamic crowdfunding services is mandatory.
Evaluation of Judicial Institutions in Handling Contempt of Court Cases Based on Lawrence M. Friedman's Theory Fachruddin, Mohammad Reza; Maulana, Abdul Muftar Rifki; Sulistianingsih, Dewi; Martitah, Martitah
Semarang State University Undergraduate Law and Society Review Vol. 5 No. 2 (2025): July-December, 2025
Publisher : Semarang State University Undergraduate Law and Society Review

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/lsr.v5i2.25869

Abstract

This article examines the dynamics of the development of contempt of court using legal theory in the context of modern Indonesia by emphasizing the importance of a deep, open way of thinking, and involving various fields of knowledge. The author uses a qualitative method with a sociological approach, and refers to M. Lawrence Friedman's theory that sees law as part of social life with a case study of contempt of court. Legal understanding cannot be separated from social and political influences, the rigid theory of legal positivism is no longer adequate to answer the complexity of legal problems in Indonesian society. A transdisciplinary approach is offered as a conceptual solution to enrich legal theory through integration with social science, ethics, and legal philosophy. The results show that contempt of court requires the establishment of a separate law to strengthen legal legitimacy and public trust in the judiciary.