The Islamic Law Review and Fatwa DSN-MUI No. 117/DSN-MUI/II/2018 on System Peer to Peer Financing in Financial Technology (Fintech) Sharia-Based (Case Study of


  • Septi Tri Wulandari Khoirun Nasik
  • Khoirun Nasikh Fakultas Keislaman, Universitas Trunojoyo Madura


Financial Technology; Peer to Peer Financing; Islamic Law; Fatwa DSN-MUI No. 117/II/DSN-MUI/2018.


The development of information technology is very rapid in Indonesia, Right now producing studies that discuss financial technology in the Islamic financial services sector. These studies are one of the most important things to support the development of financial technology from an academic perspective. What's more, since the emergence of the Covid-19 pandemic, it has presented various types of online financing models carried out by companies financial technology start-up. This is the basis for the author in conducting this research. This study aims to determine the implementation of the mechanism peer to peer financing syariah-based at PT. Dana Syariah Indonesia in view of Islamic law and Fatwa DSN-MUI with the title Islamic Law Review and Fatwa DSN-MUI No. 117/DSN-MUI/II/2018 on System Peer to Peer Financing in Financial Technology (Fintech) Sharia-Based (Case Study of This study describes how the system related to the implementation mechanism of peer to peer financing on fintech Islamic-based in and know Islamic law review and Fatwa DSN-MUI No. 117/DSN-MUI/II/2018 of the systems Peer to Peer Financing in Financial Technology (Fintech) syariah based on 

The research included in this type of qualitative research using field research that is descriptive. Sources of data used in this study are primary data sources sources obtained by researchers by conducting observations and interviews via digital media on the fintech platform Dana Syariah Indonesia, and secondary data sources were obtained from books, journals and articles related to the object of research. 

The results of this study concluded that the application of the mechanism system peer to peer financing in financial technology syariah-based in PT. Dana Syariah Indonesia is carried out with several terms and conditions set by the company. Users are required to comply with and comply with the applicable terms and conditions. When viewed from Islamic law, the peer to peer financing system at is considered permissible (mubah) and is very compatible with the division of Islamic law in takli>fi> and wadh'i. This is because, in practice, PT. Dana Syariah Indonesia Team, representing the owner of the fund, conducts a comprehensive study and screening with the principle of prudence on companies and individuals who will receive financing. Likewise, the analysis of the DSN-MUI Fatwa No. 117/DSN-MUI/II/2018 concerning Information Technology-Based Financing Services Based on Sharia Principles are substantially appropriate, it's just that in practice thecontract waka>lah is given by the recipient of the financing and thecontract is mura<bah{ah carried out simultaneously, while in the fatwa In principle, it is explained that thecontract mura<bah{ah can occur after the goods are owned by the organizer, namely PT. Dana Syariah Indonesia, because the fatwa is more cautious. However, there is no prohibition in sharia.