Role of Financial Service Authorities on Legal Protection of The Sharia Banks Customers in Indonesia

Sharia Bank  is a bank that runs its business activities based on sharia principles, in the collection of funds and the distribution of funds, in order to serve the needs of society and improve the standard of living of the people. Various banking problems,  such  as not yet optimal protection of co...

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Main Author: Sri Astutik
Format: Article
Language:English
Published: Universitas Muhammadiyah Sidoarjo 2019-06-01
Series:Rechtsidee: Law Journal
Subjects:
Online Access:https://rechtsidee.umsida.ac.id/index.php/rechtsidee/article/view/66
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author Sri Astutik
author_facet Sri Astutik
author_sort Sri Astutik
collection DOAJ
description Sharia Bank  is a bank that runs its business activities based on sharia principles, in the collection of funds and the distribution of funds, in order to serve the needs of society and improve the standard of living of the people. Various banking problems,  such  as not yet optimal protection of consumer financial services (bank customers), therefore it is necessary to supervise the operational banking activities. The purpose of bank supervision is to protect the interest of the savers who entrust their funds to the bank. Based in Law Number 21 of 2011 on the Authority of Financial Services, the arrangement and supervision of financial institutions becomes the authority of the Financial Services Authority. This supervision is also applied to banks with sharia  principles. In this paper will discuss  the Financial Services Authority oversight in the application of the principle of legal protection for customers in sharia banks.
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spelling doaj.art-336871b38a7e4fc2b90af304108e02332024-03-12T13:15:24ZengUniversitas Muhammadiyah SidoarjoRechtsidee: Law Journal2338-85952443-34972019-06-015210.21070/jihr.v5i2.6610.21070/jihr.v5i2.6610.21070/jihr.v5i2.6666Role of Financial Service Authorities on Legal Protection of The Sharia Banks Customers in IndonesiaSri Astutik0Faculty of Law, Dr. Soetomo UniversitySharia Bank  is a bank that runs its business activities based on sharia principles, in the collection of funds and the distribution of funds, in order to serve the needs of society and improve the standard of living of the people. Various banking problems,  such  as not yet optimal protection of consumer financial services (bank customers), therefore it is necessary to supervise the operational banking activities. The purpose of bank supervision is to protect the interest of the savers who entrust their funds to the bank. Based in Law Number 21 of 2011 on the Authority of Financial Services, the arrangement and supervision of financial institutions becomes the authority of the Financial Services Authority. This supervision is also applied to banks with sharia  principles. In this paper will discuss  the Financial Services Authority oversight in the application of the principle of legal protection for customers in sharia banks.https://rechtsidee.umsida.ac.id/index.php/rechtsidee/article/view/66financial servis authoritieslegal protectioncustomers
spellingShingle Sri Astutik
Role of Financial Service Authorities on Legal Protection of The Sharia Banks Customers in Indonesia
Rechtsidee: Law Journal
financial servis authorities
legal protection
customers
title Role of Financial Service Authorities on Legal Protection of The Sharia Banks Customers in Indonesia
title_full Role of Financial Service Authorities on Legal Protection of The Sharia Banks Customers in Indonesia
title_fullStr Role of Financial Service Authorities on Legal Protection of The Sharia Banks Customers in Indonesia
title_full_unstemmed Role of Financial Service Authorities on Legal Protection of The Sharia Banks Customers in Indonesia
title_short Role of Financial Service Authorities on Legal Protection of The Sharia Banks Customers in Indonesia
title_sort role of financial service authorities on legal protection of the sharia banks customers in indonesia
topic financial servis authorities
legal protection
customers
url https://rechtsidee.umsida.ac.id/index.php/rechtsidee/article/view/66
work_keys_str_mv AT sriastutik roleoffinancialserviceauthoritiesonlegalprotectionoftheshariabankscustomersinindonesia