Proceedings of the 7th International Colloquium on Interdisciplinary Islamic Studies (ICIIS) in conjunction with the 6th Annual Postgraduate Conference on Muslim Society (APCoMS), ICIIS and APCoMS 2024, 17–18 June 2024, Banjarmasin, Indonesia

Research Article

Model of Establishing a Legal Entity: A Limited Liability Company That Has a Sharia Business

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  • @INPROCEEDINGS{10.4108/eai.17-6-2024.2349120,
        author={Syahrida  Syahrida and Ahmad Fauzi Aseri and Muhaimin  Muhaimin},
        title={Model of Establishing a Legal Entity: A Limited Liability Company That Has a Sharia Business},
        proceedings={Proceedings of the 7th International Colloquium on Interdisciplinary Islamic Studies (ICIIS) in conjunction with the 6th Annual Postgraduate Conference on Muslim Society (APCoMS), ICIIS and APCoMS 2024, 17--18 June 2024, Banjarmasin, Indonesia},
        publisher={EAI},
        proceedings_a={ICIIS AND APCOMS},
        year={2024},
        month={7},
        keywords={establishment limited liability company sharia economic law},
        doi={10.4108/eai.17-6-2024.2349120}
    }
    
  • Syahrida Syahrida
    Ahmad Fauzi Aseri
    Muhaimin Muhaimin
    Year: 2024
    Model of Establishing a Legal Entity: A Limited Liability Company That Has a Sharia Business
    ICIIS AND APCOMS
    EAI
    DOI: 10.4108/eai.17-6-2024.2349120
Syahrida Syahrida1,*, Ahmad Fauzi Aseri1, Muhaimin Muhaimin1
  • 1: Antasari State Islamic University Banjarmasin, Indonesia
*Contact email: syahrida@ulm.ac.id

Abstract

Many people doubt the Sharia label on Sharia financial institutions that are currently developing. This research was conducted to determine the model of establishing a Limited Liability Company corporation with a sharia business/sharia unit. This research uses normative research from primary and secondary legal materials using literature studies and supported by interviews. The results show that the model of establishing a Limited Liability Company corporation that has a Sharia business or Sharia unit is still a Conventional Limited Liability Company where there is still confusion in the position of management in a PT limited liability company and the management agreement in the formation of the board of directors does not have a specific agreement. There are still conventional services even though they have separate management, and the position of DPS in conventional PTs, which have sharia businesses/units that only focus on contract products.