In the context of society, Syariah Sharia Economic Law 'means Islamic Economic Law which

is extracted from the Islamic Economic system that exists in society, which is the
implementation of Fiqh in the economic field by society. The implementation of the Economic
System by the community requires law to regulate in order to create legal order and resolve
the problem of definite disputes arising in economic interactions. In other words, the Sharia
Economic System requires Sharia Economic Law support to resolve various disputes that
may arise in the community. Concrete Islamic economic law products in Indonesia in
particular can be seen from the recognition of the fatwa of the National Sharia Council, as a
material law of Islamic economics, for which part of it is stated in PBI or SEBI. Likewise in
the form of laws, for example Law No. 38 of 1999 concerning Management of Zakat, Law
No. 21 of 2008 concerning Sharia Banking, etc., is expected to fill the vacant legislation in
the field of Islamic economicSC. Source of Sharia Economic Law

Islam takes a best rule between the two extreme views (capitalist and
communist) and tries to form a balance between the two (material and spiritual).
The success of the Islamic economic system depends on how far the
adjustments that can be made between material needs and spiritual / ethical
needs that are needed by humans. The sources of law in Islamic economics are:
1. Al-Qur'an
Al-Qur'an is the main source. Genuine, eternal, and the principal in Islamic law
that Allah sent down to the Prophet. In the Qur'an there are many verses that
underlie Islamic economic law, one of which is in the letter An-Nahl verse 90
which states about improving the welfare of Muslims in all fields including the
economy.
2. Hadith and sunnah
After the Qur'an, the source of economic law is the girl and the sunnah. Which
economic actors will follow this source of law if in the Al-Qur'an is not detailed in
detail.
3. Ijma '
Ijma 'is the third source of law, which is a good consensus of the scholars who
are inseparable from the Qur'an and Hadith.
4. Ijtihad or Qiyas
5. Istishan, Istislah and istihab
B. Principles of Sharia Economics Sharia economic implementation must carry out the
following principles: 1. Various resources are seen as giving or entrusted from God to
humans. 2. Islam recognizes private ownership within certain limits. 3. The main driving
force of the Sharia Economy is cooperation. 4. Sharia economy rejects the accumulation of
wealth that is controlled by only a few people. 5. The Islamic economy guarantees
community ownership and its use is planned for the benefit of many people. 6. A Muslim
must fear Allah Almighty and the decisive day in the hereafter. 7. Zakat must be paid for
wealth that has met the boundary (Nisab)