Business Law Sharia
Islamic business law referred to in this article is intended to provide
confirmation of the business arrangements in accordance with sharia. Hence the
term sharia law and has almost the same meaning.
Islamic finance is increasingly growing in Indonesia. These developments
certainly contributed greatly to the economic development in the country of
Indonesia. In turn, the development of Islamic finance should be appreciated by
making regulations based on Islamic principles as the basis for the
implementation of sharia business in Indonesia.
Provisions concerning the business is set up in the legislation in
Indonesia. We knew the term business law. But the business of law set out in
legislation in Indonesia is not all strictly in accordance with sharia. Only a
few of which are tailored to the sharia. In the legislation that regulates
business in Indonesia, regulations harmonized with Islamic principles always
add the term sharia behind the object. For example, Islamic Banking, Islamic
Insurance, Securities Sharia and so forth.
Implementation of Islamic business in Indonesia is based on legislation.
Sharia law or business that became the basis for the implementation of sharia
business in Indonesia, which was and still dberlakukan in Indonesia, among
others:
Ø
Law No. 7 of 1992 concerning Banking
Ø
Government Regulation Number 72 of 1992
on Bank Based on Revenue Sharing
Ø
Government Regulation No. 73 Year 1992
on the People's Bank Crediting Based on those results.
Ø
Law Number 10 Year 1998 concerning
Amendment to Law No. 7 of 1992 concerning Banking
Ø
Law No. 21 Year 2008 on Islamic Banking
Ø
Law No. 19 Year 2008 on Sharia
Securities
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