Abstract
Law no. 1 Year 2013 on Microfinance institutions has given option for Baitul Maal and Shari'ah cooperatives to determine their legal umbrella if their business is engaged in Financial Services regulator is the Financial Services Authority, but if they choose to become a regular Shari'ah cooperative then they under the regulator of the Ministry of Cooperatives and UMKM. The position of the Sharia Supervisory Board is very clear because it is within the institutional structure of Shari'ah cooperatives, it's just that the rules that exist about the implementation of the supervisor still require clear and detailed guidelines. While the role of the Supervisory Board of Shari'ah in supervising the implementation of Shariah principles in the Cooperative there are several things that must be emphasized and made more detailed and detailed guidelines
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
