Al Hisbah in Modern Era : Investor Protection Institution in Indonesian Islamic Capital Market

Authors

  • Mar'atus Sholikah Universitas Indonesia, Indonesia
  • Nurul Huda Universitas Yarsi, Indonesia
  • Nova Rini Universitas Teknologi Muhammadiyah Jakarta, Indonesia
  • Nur Fatwa Universitas Indonesia, Indonesia
  • Ranti Wiliasih Institut Pertanian Bogor, Indonesia

DOI:

https://doi.org/10.29040/jiei.v10i2.13145

Keywords:

Al Hisbah, Islamic Capital Market, Investor Protection

Abstract

This research aims to explore the evolution of the role of al hisbah in the financial sector, especially the capital markets industry. Along with the times and the increasing complexity of today's government bureaucracy, the role of al hisbah has been formed differently in each country according to their respective needs. This research uses an exploratory qualitative method with secondary data. The research results show that the role of al hisbah is very complex, one of which is in the financial sector of the capital market to carry out supervision in order to protect investors from both external and internal risks. In this case, the Financial Services Authority (OJK) plays the role of al hisbah which coordinates with the National Sharia Council (DSN) to ensure transactions and activities in the Indonesian Islamic capital market are safe and healthy.

References

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Published

20-08-2024

How to Cite

Sholikah, M., Huda, N., Rini, N., Fatwa, N., & Wiliasih, R. (2024). Al Hisbah in Modern Era : Investor Protection Institution in Indonesian Islamic Capital Market. Jurnal Ilmiah Ekonomi Islam, 10(2), 2316–2320. https://doi.org/10.29040/jiei.v10i2.13145

Issue

Vol. 10 No. 2 (2024): JIEI : Vol.10, No.2, 2024

Section

Articles

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