scholarly journals LAYANAN PEMBIAYAAN BERBASIS TEKNOLOGI INFORMASI BERDASARKAN PRINSIP SYARIAH: TINJAUAN FATWA DSN NOMOR 117/DSN-MUI/II/2018

2021 ◽  
Vol 2 (1) ◽  
pp. 62-74
Author(s):  
Suyuti Dahlan Rifa'i ◽  
Hijriatu Sakinah
Keyword(s):  
Information Technology ◽  
Financial Services ◽  
Descriptive Analysis ◽  
Peer To Peer ◽  
Business World ◽  
Standard Contract ◽  
Library Research ◽  
Technological Developments ◽  
P2p Lending ◽  
Development Step

The development of information technology not only covers social, political and cultural but also affects the economy. One that is being widely discussed is Fintech. This article aims to analyze fintech on PT. iGrow Resources Indonesia towards fatwa DSN number 117 / DSN-MUI / II / 2018 about information technology-based financing services based on sharia principles. This research is a library research using a descriptive analysis approach. PT. iGrow is not directly participate in the lending and borrowing process but provides a digital technology-based platform to facilitate the lending-borrowing process. The development of technology and information, especially Peer to Peer (P2P) Lending, has made innovation in fintech-based financial services more practical and modern. The concept of adapting to technological developments combined with the financial sector by iGrow which was development step that is very aware of the needs of fintech for the business world. Regarding the extent to which the Islamic principles applied in PT. iGrow, can be seen in the discussion of the agreement. It is concluded that the standard contract is not in accordance with sharia principles based on the DSN fatwa number 117 / DSN-MUI / II / 2018 concerning information technology-based financing services based on sharia principles.Keywords: Contract, Fintech, iGrow, Sharia,  AbstrakPerkembangan teknologi informasi tidak hanya mencakup kehidupan sosial, politik, dan budaya tetapi juga berpengaruh terhadap perekonomian. Salah satu yang sedang ramai diperbincangkan adalah Fintech. Artikel ini bertujuan untuk menganalisa fintech di PT. iGrow Resources Indonesia berdasarkan fatwa DSN nomor 117/DSN-MUI/II/2018 tentang layanan pembiyaan berbasis teknologi informasi berdasarkan prinsip syariah. Penelitian ini merupakan penelitian kepustakaan (library research) dengan menggunakan pendekatan deskriptif analisis. PT. iGrow tidak turun langsung dalam proses pinjam meminjam tetapi  menyediakan platform berbasis teknologi digital dalam memfasilitasi proses pinjam-meminjam. Perkembangan teknologi dan informasi khususnya Peer to Peer (P2P) Lending telah menciptakan inovasi  layanan keuangan berbasis fintech menjadi semakin praktis dan modern. Konsep adaptasi perkembangan teknologi yang dipadukan dengan bidang financial oleh iGrow merupakan langkah pengembangan bisnis yang sangat menyadari kebutuhan fintech bagi dunia bisnis. Terkait sejauh mana prinsip syariah yang diterapkan dalam PT. iGrow, dapat dilihat pada pembahasan akad dalam kontrak. Disimpulkan bahwa kontrak baku belum sesuai dengan prinsip syariah berdasarkan fatwa DSN nomor 117/DSN-MUI/II/2018 tentang layanan pembiyaan berbasis teknologi informasi berdasarkan prinsip syariah. Kata Kunci: Fintech, iGrow, Kontrak, Syariah

Perlindungan Hukum Pengguna Layanan Teknologi Finansial (Financial Technology) Pinjam Meminjam Uang Berbasis Teknologi Informasi (Peer To Peer Lending)

2020 ◽  
Vol 20 (1) ◽  
pp. 63-82
Author(s):  
Nurasiah Harahap
Keyword(s):  
Information Technology ◽  
Financial Services ◽  
Legal Protection ◽  
Field Research ◽  
Secondary Data ◽  
Peer To Peer ◽  
Library Research ◽  
Technology Service ◽  
Peer Lending ◽  
Financial Technology

Financial Technology is the implementation and utilization of technology to improve banking and financial services which are generally carried out by startup companies by utilizing the latest software, internet, communication and computing technologies.The research conducted was juridical empirical and normative juridical research, namely field research with interviews as a basis for problem solving and analyzing statutory regulations. The data used are primary and secondary data, then the data collection methods used in this study are library research and field research. The data analysis used is a qualitative method.The results show that the legal protection of users of the Financial Technology (Financial Technology) service of borrowing and borrowing money based on information technology (Peer to Peer Lending) has been carried out by the Financial Services Authority (OJK) and its staff by means of supervision, examination and investigation based on the Financial Services Authority Regulation No. 77 / POJK.01 / 2016 concerning Information Technology-Based Lending and Borrowing Services.The conclusion is that the legal protection of users of the Financial Technology (Financial Technology) service of lending and borrowing money based on information technology (Peer to Peer Lending) can be realized in a preventive and repressive manner. Basically, the Operator does not have direct legal consequences that make risk transfer to the Operator. Keywords: Financial Technology, Peer to Peer Lending, Legal Protection for Users / Consumers.

scholarly journals Characteristics of Financial Technology as Financing Alternative Capitalization of Medium Small-Medium Enterprises (MSME)

FIAT JUSTISIA ◽  
2021 ◽  
Vol 15 (2) ◽  
pp. 133-158
Author(s):  
Dwi Tatak Subagiyo
Keyword(s):  
Information Technology ◽  
Financial Services ◽  
Financial Institution ◽  
Small And Medium Enterprises ◽  
Peer To Peer ◽  
P2p Lending ◽  
Peer Lending ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Financial Technology

Characteristics of Financial Technology as a Financial Institution that uses information technology to provide financial solutions by prioritizing compliance with the principles of prudence and risk management. The characteristics of Financial Technology institutions are getting a loan quickly; Makes Payment Easier; Make Loan Payments without Additional Fees. Peer to Peer Lending (P2P lending) system in providing financial services is done through information technology based. The financial services institution Peer to Peer Lending (P2P Lending) is a financial technology financial institution (Fintech). Financial Technology (Fintech) as a Literacy Source for Financing Micro, Small and Medium Enterprises; Financial Technology (Fintech) As a Facilitator in MSME Development; Financial Tecnology (Fintech) as a driver for Micro, Small and Medium Enterprises to Increase National Financial Inclusion. The Role of the Financial Services Authority (OJK) and the Indonesian Joint Funding Fintech Association (AFPI) As Regulations and Oversight of Financial Technology Institutions (Fintech) in Indonesia.

scholarly journals Internet finance: Digital currencies and alternative finance liberating the capital markets

2015 ◽  
Vol 4 (4) ◽  
pp. 190-201 ◽  
Author(s):  
Kim Wales
Keyword(s):  
Capital Markets ◽  
Financial Services ◽  
Global Economy ◽  
Industrial Revolution ◽  
Peer To Peer ◽  
Agricultural Revolution ◽  
Internet Finance ◽  
P2p Lending ◽  
Conducting Wire ◽  
Alternative Finance

This article discusses how the sudden shift in policy reform and innovation has the potential to liberate the financial markets. The economic potential of internet finance is beginning to take hold across the capital markets as industries like Peer – to – Peer Lending, Equity and Debt based Crowdfunding and virtual currencies and cryptocurrencies which are types of digital currency are quickly transforming the way businesses are being financed. From borrowing and lending, buying and selling securities, to conducting wire transfers internationally, these innovations are creating a new class and generation of investors will source investments opportunities. Helping institutions and governments assess risks and manage performance in order to determine where to deploy capital; and showing signs of lessening the inequality gap. Following the neolithic agricultural revolution and the industrial revolution, this new revolution will enable more people to access financial services in less traditional ways, especially the unbanked world with its huge potential. These new financial opportunities, such as peer – to - peer (P2P) lending, will be discussed and examined, and we will stress how they can allow people to bypass current barriers in the global economy. We conclude by arguing that all these developments, energized by the efforts of innovators and entrepreneurs, have the potential to radically transform the world in which we live, while promoting the core values of industrialized societies including democracy, capital formation, sustainability, and equality without solely relying on tax increases.

scholarly journals ANALISIS TERHADAP FATWA DEWAN SYARI’AH NASIONAL MAJELIS ULAMA INDONESIA (DSNMUI) TENTANG UANG ELEKTRONIK SYARIAH (Studi Kartu Flazz BCA, Go-Pay, dan Grab-Pay)

JURISDICTIE ◽  
2019 ◽  
Vol 10 (1) ◽  
pp. 56
Author(s):  
Novia Nengsih
Keyword(s):  
Descriptive Analysis ◽  
Analysis Approach ◽  
Electronic Money ◽  
Payment Model ◽  
Library Research ◽  
Technological Developments ◽  
The Law ◽  
Conventional Banks ◽  
Nominal Amount

<p>Technological developments have transformed the cash-money payment model into e-money, but the law on the use of e-money is still a debate in Indonesian Moslim society. This paper aims to analyze the legal use of e-money based on DSN-MUI fatwa No: 116/DSN-MUI /IX/2017 concerning Sharia Electronic Money. This research is a library research with descriptive analysis approach. E-money that was studied in this study was the BCA Flazz cards, Go-Pay, and Grab-Pay. Based on the Fatwa of MUI DSN on Shari’ah electronic money, the e-money system used in Indonesia today is not permitted because the issuer places the nominal amount of electronic money in conventional banks, if the card is lost the nominal amount of money in the issuer is also lost, and electronic money holders cannot be taken or cashed back.</p><p>Perkembangan teknologi telah mentransformasi model pembayaran dari cash-money menjadi e-money, tetapi hukum penggunaan e-money masih menjadi perdebatan di kalangan masyarakat Muslim Indonesia. Tulisan ini bertujuan untuk menganalisis hukum penggunaan e-money berdasarkan fatwa DSN-MUI No: 116/DSN-MUI/IX/2017 tentang Uang Elektronik Syariah. Penelitian ini merupakan penelitian kepustakaan (library research) dengan menggunakan pendekatan deskriptif analisis. E-money yang menjadi kajian dalam penelitian ini adalah kartu Flazz BCA, Go-Pay, dan Grab-Pay. Berdasarkan fatwa DSN MUI tentang Uang elektronik Syari’ah, maka sistem e-money yang dipakai di Indonesia hari ini tidak diperbolehkan karena penerbit menempatkan jumlah nominal uang elektronik di bank konvensional, apabila kartu hilang maka jumlah nominal uang yang ada di penerbit juga hilang, dan uang elektronik pemegang tidak bisa diambil atau diuangkan kembali.</p>

scholarly journals Analisis Perancangan Sistem Informasi Pendaftaran Siswa Baru pada SMK Taman Siswa Kisaran Menggunakan Web

JURTEKSI ◽  
2019 ◽  
Vol 5 (1) ◽  
pp. 59-62
Author(s):  
Sudarmin Sudarmin
Keyword(s):  
Information Technology ◽  
Educational Institution ◽  
Vocational School ◽  
Work Processes ◽  
Public Performance ◽  
Business World ◽  
Microsoft Word ◽  
Work World ◽  
Technological Developments ◽  
New Student

Abstract: Information technology in everyday life is increasingly important because technological developments are increasing. The use of information technology in companies and the business world is very eradicating humans in the completion of fast and precise work. World Educational institutions are currently implementing information technology to support administrative work processes to support activities quickly and computerized. With a computerized system, it can provide good and effective services for the school. Taman Siswa Kisaran Private Vocational School is an educational institution that has a role to help educate the nation's children, still using computer technology that uses Microsoft Word and excel computers to manage new student admission compilation data using manual systems, making work efficiency in processing new student admission data must be accepted by this educational institution, information systems are expected to be able to improve public performance and efficiency in processing new student admissions data in making reports more efficient and accurate in the Taman Siswa K Private Vocational School. Keywords: Php, MySQL, Information System Abstrak: Peranan teknologi informasi dalam kehidupan sehari-hari sangatlah penting karena perkembangan teknologi sudah semakin pesat. Penggunaan teknologi informasi  di perusahaan dan dunia bisnis sangat membatuh manusia dalam menyelesaikan pekerjaan secara cepat dan tepat. Dunia Institusi pendidikanpun saat ini sedang menerapkan teknologi informasi sebagai sarana untuk mendukung proses pekerjaan tenaga administrasi untuk menyelesaian aktivitas dengan cepat dan terkomputerisasi. Dengan adanya sistem yang terkomputerisasi maka dapat memberikan pelayanan yang baik dan efesien khususnya untuk pihak sekolah. SMK Swasta Taman Siswa Kisaran adalah suatu lembaga pendidikan yang memiliki peran membantu mencerdaskan anak bangsa, masih memanfaatkan teknologi komputer secara sederhana seperti penggunaan aplikasi Microsoft word dan excel untuk pengolahan data-data ketika penerimaan siswa baru berlangsung hanya dengan menggunakan sistem manual, sehingga efesiensi kerja dalam pengolahan data penerimaan siswa baru belum didapatkan oleh instansi pendidikan ini,  sistem informasi diharapkan mampu meningkatkan pelyanan publik dan efesiensi kerja terutama dalam pengolahan data penerimaan siswa baru dalam membuat laporan yang lebih efesien dan akurat pada SMK Swasta Taman Siswa Kisaran.Kata Kunci : Php, MySQL, Sistem Informasi

scholarly journals Pengawasan Dalam Kerja Sama Bank Umum dan Penyelenggara Layanan Pinjam Meminjam Uang Berbasis Teknologi Informasi

2021 ◽  
Vol 4 (6) ◽  
pp. 2397
Author(s):  
Nabilla Virnanda Lobo
Keyword(s):  
Information Technology ◽  
Financial Services ◽  
Commercial Banks ◽  
Service Providers ◽  
Peer To Peer ◽  
Reciprocal Relationship ◽  
Regulatory Agencies ◽  
Conceptual Approach ◽  
Supervisory Authority ◽  
Peer Lending

AbstractPartnership is a collaboration between one party and another, where each party plays its respective roles in a reciprocal relationship that benefits each party. This research will discuss the characteristics of the forms of cooperation between commercial banks and information technology-based lending and borrowing service providers (fintech peer-to-peer lending) and then discusses the supervision of regulatory agencies on cooperation in the financial sector. This research is a doctrinal research using a statute approach and a conceptual approach to obtain a clearer picture. The result of this research is that credit distribution cooperation is carried out by taking into account the provisions regarding information technology-based lending and borrowing services while retail investment sales cooperation and non-performing loan management cooperation are carried out by taking into account the provisions concerning banks and / or commercial banks as in the cooperation. commercial banks. The supervisory authority lies with the Financial Services Authority. Keywords: Fintech P2PL; Commercial Banks; OJK.AbstrakPartnership adalah kerja sama antara satu pihak dengan pihak lainnya dimana masing-masing pihak menjalankan perannya masing-masing dalam hubungan timbal balik yang memberikan keuntungan kepada masing-masing pihak. Dalam penelitian ini akan dibahas mengenai karakteristik bentuk-bentuk kerja sama antara bank umum dengan penyelenggara layanan pinjam meminjam berbasis teknologi informasi (fintech peer-to-peer lending) kemudian membahas mengenai pengawasan lembaga otoritas terhadap kerja sama dalam sektor keuangan tersebut. Penelitian ini merupakan penelitian doctrinal research dengan menggunakan pendekatan perundang-undangan (statute approach) dan pendekatan konseptual (conceptual approach) untuk memperoleh gambaran yang lebih jelas. Hasil dalam penelitian ini yaitu kerja sama penyaluran kredit dilaksanakan dengan memperhatikan ketentuan mengenai layanan pinjam meminjam uang berbasis teknologi informasi sedangkan kerja sama penjualan investasi ritel dan kerja sama pengelolaan non-performing loan dilaksanakan dengan memperhatikan ketentuan mengenai bank dan/atau bank umum sebagaimana dalam kerja sama bank umum. Adapun kewenangan pengawasan berada di Otoritas Jasa Keuangan.Kata Kunci: Fintech P2PL; Bank Umum; OJK.

scholarly journals Fintech Lending: Challenge and Opportunities of the Indonesia’s Loan Unbanked to Develop the Inclusive Financial Industry

2019 ◽  
Vol 3 (2) ◽  
pp. 105
Author(s):  
Pranoto Pranoto ◽  
Munawar Kholil ◽  
Kukuh Tejomurti
Keyword(s):  
Financial Services ◽  
Secondary Data ◽  
Peer To Peer ◽  
Financial Service ◽  
Financial Industry ◽  
Legal Research ◽  
Indonesian Government ◽  
Start Up ◽  
Business Area ◽  
P2p Lending

<p>The aim of this study is to explore and analyze the development of fintech peer to peer lending (fintech) regulation in Indonesia and Indonesia's readiness in facing the fintech industry, especially fintech loans. This study is important since the Indonesian government has begun to ratify fintech as one of the legal financial services in Indonesia. This is a normative legal research, by collecting secondary data including primary, secondary, and tertiary legal materials. The results show that after the Indonesian government approved Fintech as a legitimate financial service in Indonesia, many Fintech Start up companies begin registering their companies, the Indonesian government separate the granting of fintech licenses to the financial services authorities and Indonesian banks according to the types of the fintech, specifically for fintech peer to peer licensing is granted by the financial services authority. Although Fintech P2P Lending can be a prospective business area, there is not infrequently the risk of default by borrowers. The Fintech Provider does not guarantee ongoing loans if they fail to pay. Because the organizer is not a party to a loan agreement made by the lender and the recipient of the loan. there is not infrequently the risk of default by borrowers. The Fintech Provider does not guarantee ongoing loans if they fail to pay. Because the organizer is not a party to a loan agreement made by the lender and the recipient of the loan</p>

Analisis �Financial Teknology (Fintech)� pada Permodalan Usaha Mikro Kecil dan Menengah (UMKM) dengan Model Peer-To-Peer (P2P) Lending

2019 ◽  
Vol 17 (2) ◽  
pp. 125
Author(s):  
Ria Manurung ◽  
A. Kristiadji Rahardjo
Keyword(s):  
Small And Medium Enterprises ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
Peer To Peer ◽  
Least Square ◽  
Primary Data ◽  
Analysis Methods ◽  
P2p Lending ◽  
Medium Enterprises ◽  
The Impact

The purpose of this study is to analyze the impact of Fintech on Micro Small and Medium Enterprises (MSME) capital with the P2P Lending model. The formulation of the problem is What is the impact of Fintech on MSME capital with the P2P Lending model? Research locations in the Banyumas Regency area with a concentration of 110 MSME as a research sample, with the criterion that ever or currently lending with P2P Lending system. Primary data were obtained from the results of questionnaire processing and interviews with respondents, namely MSME, while secondary data was sought from OJK, BPS, the Ministry of Cooperatives and Micro, Small and Medium Enterprises, BI, articles, and textbooks relevant to research. Data analysis methods are descriptive analysis methods, paired difference analysis and ordinary least square (OLS). The conclusion obtained in this study is a tendency to increase in the Number of Workers, Turnover, Product Sales, Profits and Business Costs after the use of Fintech with the Peer to Peer (P2P) Lending model in MSME. So venture capital loans obtained through FinTech with the P2P Lending model have a positive effect on the improvement and development of the MSME business.

FinTechs in China – with a special focus on peer to peer lending

2017 ◽  
Vol 10 (3) ◽  
pp. 215-228 ◽  
Author(s):  
Caroline Stern ◽  
Mikko Makinen ◽  
Zongxin Qian
Keyword(s):  
Empirical Analysis ◽  
Design Methodology ◽  
Banking Sector ◽  
Descriptive Analysis ◽  
Peer To Peer ◽  
Special Focus ◽  
Research Papers ◽  
Content Type ◽  
Fixed Assets ◽  
P2p Lending

Purpose China is a country with the most number of operating peer-to-peer (P2P) lending platforms (approximately 2,000) worldwide. This study aims to provide an overview on FinTechs in China. It was examined why payment services and P2P lending are so popular in China and what are the determinants for the emergence of P2P lending platforms in different provinces in China. Design/methodology/approach This study conducted a descriptive analysis of P2P lending in China and an empirical analysis of determinants of P2P lending in China. Findings This descriptive analysis shows that the surge in the number of the P2P platforms in China follows an inverted U-shaped phenomenon. However, the outstanding balances of P2P lenders is still increasing, while average yields of P2P lenders have sharply plunged. The empirical findings indicate that P2P lending is more extensive in the region with more mobile phone subscriptions; outstanding balance of P2P lenders in region is negatively associated with the size of traditional banking sector; and the number of the P2P platforms in negatively related to the fixed assets investments in region, whereas average yield is positively associated with the fixed assets investments. Originality/value Currently, almost no research papers with empirical analysis of FinTechs, especially P2P lenders, exist. This study estimates a simple model to find determinants of P2P lending.

scholarly journals Implementation of Raw Contract for Financing in Mandiri Syariah Bank

2019 ◽  
Vol 7 (2) ◽  
pp. 261-267
Author(s):  
Enjang Sudarman
Keyword(s):  
Rule Of Law ◽  
Descriptive Analysis ◽  
Research Data ◽  
Grand Theory ◽  
Business World ◽  
The Rule Of Law ◽  
The Public ◽  
Standard Contract ◽  
The Social ◽  
Pros And Cons

This research is motivated by the existence of a standard contract which is a written agreement made or provided by one party, by including various contract clauses that have been standardized by one party without giving the other party the opportunity to negotiate them. The existence of a standard contract in the sharia business world is a pros and cons among the public, especially among legal experts, because in addition to making it easier and saving time, it is also considered to be against the principles of sharia, namely persecuting other parties. The theory used in this research is that the grand theory uses the rule of law theory; Middle Rangge Theory uses the Shahadah Theory from al-Syafi'i then the Social Juctice Theory; and the application theory uses a legal system supported by the theory of legal change. This study uses descriptive qualitative research, in collecting data, the authors use the method of observation, interviews and documentation using descriptive analysis to describe and describe the data obtained by using words or sentences that are separated according to the research data category in order to obtain a conclusion. The result of the research shows that the standard contract is legally valid because it has fulfilled the terms and conditions of contract in Islam which are marked by the signing of the standard contract by both parties as proof that both parties are equally pleased.

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