Implementasi Fatwa Dewan Syariah Nasional - Majelis Ulama Indonesia (DSN–MUI) Terhadap Pasar Modal Syariah di Pasar Modal Syariah Indonesia

Abstract

the Islamic capital market industry needs to improve the ability to innovate and adapt quickly and precisely to continue to create accelerated industrial growth. To find out the implementation of the Fatwa of the National Sharia Council - Indonesian Ulema Council (DSN–MUI) and to increase public trust regarding sharia securities and sharia securities transactions in the capital market, DSN-MUI has issued several fatwas related to products and the application of sharia principles in the securities transaction mechanism. and synergies between OJK and SROs, as well as DSN-MUI are very much needed to accelerate the existence of fatwas and regulatory foundations related to sharia products and services, as well as the implementation of socialization and education of the sharia capital market. The research method used is library research. DSN-MUI has an important role in the development of the Islamic finance industry in Indonesia. One of them is through the issuance of a fatwa which is the operational reference for Islamic financial institutions in Indonesia. Given his significant authority in issuing fatwas in the field of Islamic capital markets. To further refine all transaction processes and regulations in the Islamic capital market so that they do not conflict with sharia principles, more fatwas and regulatory foundations are needed in the Indonesian capital market Self-Regulatory Organization (SRO), which consists of the Indonesia Stock Exchange (IDX), PT Clearing Indonesian Securities Guarantee Corporation (KPEI) and PT Kustodian Sentral Efek Indonesia (KSEI) related to sharia products and services.