Penyelesaian Sengketa Bisnis Keuangan Islam Melalui Pengadilan di Malaysia dan Relevansinya dengan Indonesia

Abstract

Islamic financial transactions, particularly in Islamic banking business, is a new modeof financial transaction in the nomenclature of the law of contracts. Different from con-ventional financial transactions which have been established for a long time, Islamicfinancial transaction is a newly introduced and is still evolving to find out its ideal form.Having said this, dispute settlement for cases arising from the Islamic financial transac-tions certainly need sufficient attention from the judicial authority in Indonesia. If forabout fiveteen years dispute settlement in this matter was under the authority of theShariah Arbitration Panel (Basyarnas), today, this dispute settlement can be brought tothe court of juctice. It is made possible by virtue of the issuance of the Act no. 3 of 2006on Religious Court and also the approval of the bill of Shariah Banking Act by themembers of parliament. This fact suggests that for Indonesia necessary preparationspertinent to the court sistems to be rady in hadling the cases are strongly demanded.In this situation, Malaysia’s experiences in matters pertinent to dispute settlement ofIslamic financial business through the court is a good case to be learned.