Konstruksi Akad Investasi Syariah pada Platform FinTech
Studi Kasus Aplikasi Bibit
DOI:
https://doi.org/10.29040/jiei.v12i1.18691Keywords:
Financial Technology, Indonesia Stock Exchange, Sharia Capital MarketAbstract
This article discusses the construction of contracts in sharia capital market practices in Indonesia, focusing on a case study of the Bibit application as a financial technology-based mutual fund selling agent. This research uses a literature study method to examine the principles of contemporary muamalah jurisprudence that form the basis of digital transactions, specifically the wakalah bil ujrah and mudharabah contracts. The analysis shows that the sharia capital market mechanism in Indonesia operates with a multi-layered supervisory system through the Financial Services Authority (OJK), the National Sharia Council (DSN-MUI), and the Sharia Supervisory Board (DPS), and applies qualitative and quantitative screening to ensure the halal status of investment instruments. In the context of Bibit, the wakalah bil ujrah contract applies between the investor and the application as an intermediary, while the mudharabah contract applies between the investor and the sharia investment manager as the fund manager. The validity of digital contracts is recognized through the concept of ijab qabul hukmi, with the requirement for information transparency to minimize elements of gharar and maysir. The research results state that investment practices through Bibit are in accordance with sharia principles, although the challenge of investor education still needs.
References
Adelia, F., Safitri, L., Azzahra, N., Ramli, R., & Dewi Lubis, P. K. (2024). Reksa Dana Solusi Investasi Terpadu Bagi Investor Pemula. Trilogi: Jurnal Ilmu Teknologi, Kesehatan, Dan Humaniora, 5(2), 307-315. Https://Doi.Org/10.33650/Trilogi.V5i2.8623
Adhianto, D. R. (2020). Investasi Reksa Dana Sebagai Alternatif Investasi Bagi Investor Pemula. Jurnal E-Bis (Ekonomi-Bisnis), 4(1), 32-44.
Ananda, S. R., Effendi, B., & Shulthoni, M. (2025). Sinergi Regulasi OJK Dan Fatwa DSN-MUI Dalam Pengembangan Ekosistem Bisnis Syariah di Indonesia. Jurnal Sahmiyya, 4(2), 322-327.
Antonio, M. S. (2001). Bank Syariah: Dari Teori Ke Praktik. Gema Insani.
Aziz, J. A. (2022). Akad Muamalah Klasik: Dari Konsep Fiqih Ke Produk Perbankan. Kalimedia.
Baihaqi, M. (2016). Fiqih Muamalah Kontemporer. IAIN Mataram.
Bariroh, M., & Aibak, K. (2018). Fikih Muamalah Kontemporer. Akademia Pustaka.
Darmalaksana, Wahyudin. (2020). Metode Penelitian Kualitatif Studi Pustaka Dan Studi Lapangan. Pre-Print Digital Library Uin Gunung Djati.
Ghozali, M., Jamilah, A. M. N., Jamal, M., & Hidayat, I. N. (2021). Application For Wakalah bi al-Ujrah Contract in Various Banks, Insurance, and Syariah Mutual Funds Indonesia According to Wahbah Zuhaili. Al-Iktisab: Journal of Islamic Economic Law, 5(1), 50.
Kuat, Musaddad, M. B., Masykur, M., & Jayamiharja, H. (2025). Pasar Modal Syariah (Analisis Jual Beli Saham di Bursa Efek Indonesia). Wasathiyah: Jurnal Studi Keislaman, 6(1), 1-14.
Muchtar, E. H. (2019). Shariah Stock Screeening Process: Perspectives on Sharia Economics and Practitioners. Ad Deenar: Jurnal Ekonomi dan Bisnis Islam, 3(2), 177-186.
Mujarodah, S. Al, & Syahrul, A. (2024). Sharia Compliance in the Online-Based Sharia Mutual Funds: Bibit Syariah Application. Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics), 16, 125-142.
Munthe, A. K., Praramadhani, I. S., & Satrya, R. I. (2019). Peran Dewan Pengawas Syariah Dalam Pemenuhan Syariah Compliance Oleh Lembaga Keuangan Syariah. Journal of Islamic Law Studies, 2(3), 1-27.
Nst, M. Z. A., & Soemitra, A. (2023). Penerapan Akad Wakalah bil Ujrah Pada Perbankan Syariah: Studi Kualitatif Persepsi Mahasiswa Pascasarjana. Jurnal Masharif Al-Syariah, 8(30), 907-918.
Nurjaman, M. I., Setiawan, I., & Herdiana, N. (2022). Penerapan Akad Wakalah bi al-Ujrah dan Hiwalah bi al-Ujrah Dalam Pengembangan Produk di Perbankan Syariah. Al-Infaq: Jurnal Ekonomi Islam, 13(1), 165.
Puspita, W., Irmayani Sijabat, W., Andrea Putri Hasibuan, K., & Ikhsan Harahap, M. (2023). Analisis Penerapan Prinsip Syariah dan Perkembangan Reksadana Syariah di Indonesia. Jurnal Ekonomi Syariah, 4(2), 310-322.
Silalahi, S. A. (2020). Analisis Manajemen Reksadana Syariah Berdasarkan Prinsip dan Kinerja Investasi. Jurnal Tanbih, 2(2), 64-75.
Siregar, H. S., & Khoerudin, K. (2019). Fiqh Muamalah Teori dan Implementasi. PT Remaja Rosdakarya.
Sjafruddin, & Dewi, R. (2021). Empirical Study: Development of Sharia Mutual Fund Investment in Indonesia. Jurnal Ilmu Administrasi Bisnis, 04(01), 18-31.
Suheri, H., Sari, N. W., & Furyantie, M. (2025). Peran Aplikasi Bibit Dalam Meningkatkan Literasi Investasi Syariah Pada Gen Z. Bromo: Business Research And Management Journal, 2(3).
Wibowo, S. (2017). Implementasi Transaksi Jual Beli Saham di Pasar Modal Dalam Perspektif Hukum Islam. Cakrawala Hukum, 14(1).
Yulianti, R. T. (2008). Asas-Asas Perjanjian (Akad) Dalam Hukum Kontrak Syari’ah. La Riba, 2(1), 91-107.
Downloads
Published
How to Cite
Issue
Section
Citation Check
License
The copyright of the article fully belongs to the Jurnal Ilmiah Ekonomi Islam and publishing rights belong entirely to LPPM STIE AAS Surakarta
This work is licensed under a Creative Commons Attribution 4.0 International License.
