Proceedings of the 3rd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2023, 6 May 2023, Salatiga, Central Java, Indonesia

Research Article

Development of Fatwa Development of The National Sharia Council of Indonesian Mui Assembly (Dsn-Mui) Related To Practice And Products in Sharia Financial Institutions

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  • @INPROCEEDINGS{10.4108/eai.6-5-2023.2333543,
        author={Epy  Pujiaty and Frilla  Gunariah and Dian  Pramayanti},
        title={Development of Fatwa Development of The National Sharia Council of Indonesian Mui Assembly (Dsn-Mui) Related To Practice And Products in Sharia Financial Institutions},
        proceedings={Proceedings of the 3rd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2023, 6 May 2023, Salatiga, Central Java, Indonesia},
        publisher={EAI},
        proceedings_a={ICLSSEE},
        year={2023},
        month={7},
        keywords={development thinking dsn-mui fatwa sharia economics},
        doi={10.4108/eai.6-5-2023.2333543}
    }
    
  • Epy Pujiaty
    Frilla Gunariah
    Dian Pramayanti
    Year: 2023
    Development of Fatwa Development of The National Sharia Council of Indonesian Mui Assembly (Dsn-Mui) Related To Practice And Products in Sharia Financial Institutions
    ICLSSEE
    EAI
    DOI: 10.4108/eai.6-5-2023.2333543
Epy Pujiaty1,*, Frilla Gunariah1, Dian Pramayanti1
  • 1: UIN Sunan Gunung Djati Bandung, Indonesia
*Contact email: epypujiatyok@gmail.com

Abstract

The DSN-MUI Fatwa's development in relation to Islamic economics is the subject of this study. By utilizing an unmistakable examination technique that is scholarly in nature, this study tracked down the way that with the improvement of different DSN-MUI fatwas in the field of Islamic financial matters, the development and improvement of Islamic financial aspects in Indonesia is progressively great. The place of the DSN MUI fatwa is one of the essentials in deciding the assurance of an item in Islamic monetary organizations. If the MUI DSN issues a fatwa to the product submitted by each Islamic financial institution's Sharia Supervisory Board. So that sharia banking products comply with the guidance of Islamic law and the provisions of the fatwa become the legal umbrella in carrying out products that are of interest to customers. Moreover, until it is legalized by law and Bank Indonesia Regulations. So that the DSN MUI fatwa becomes a binding legal provision for all Islamic financial institutions. Thus, the provisions of the fatwa indirectly become one of the factors that determine the continuity of all business operations in Islamic financial institutions that have benefits and blessings for all parties who run them, both for LKS as the authority that has product offerings and for customers. as a product user.