Good Health Medicine

Main Menu

  • Home
  • Health medicine
  • Dietary supplements
  • Dietary nutrition
  • Alternative medication
  • Medicine price

Good Health Medicine

Header Banner

Good Health Medicine

  • Home
  • Health medicine
  • Dietary supplements
  • Dietary nutrition
  • Alternative medication
  • Medicine price
Medicine price
Home›Medicine price›OJK responds to MUI edict banning online loans containing Riba

OJK responds to MUI edict banning online loans containing Riba

By Rebecca C. Myers
November 12, 2021
0
0

TEMPO.CO, Jakarta – Financial Services Authority (OJK) Spokesperson Sekar Putih Djarot has responded to the edict or fatwa of the Indonesian Ulema Council (MUI) which declares loans online or offline with interest or known as riba is haram or illegal according to Islamic law. According to Sekar, the Indonesian financial system still adheres to a dual system, so there is always the possibility of online or offline loans being established based on conventional and Sharia law.

“We interpret it as a prohibited practice by illegal lenders,” Sekar said Friday, November 12.

President Joko Widodo or Jokowi is concerned about illegal online lending and urges OJK, Ministries and Police to eradicate them. Sekar pointed out that ministries and agencies are working to crack down on high-interest lending and debt collection practices that violate the law.

According to her, the OJK and the police have been proactive in finding out the root causes of the loan problem and taking legal repressive measures. The OJK, she added, has also held talks with the Indonesian Association of Fintech Lenders (AFPI), which has agreed to urge lenders to lower the current interest rate on loans by 50%. .

“OJK is now preparing to restructure the lending ecosystem, starting with [the elements of] capital, fit and proper, risk management and others,” she said.

Read: Jakarta police launch hotline to crack down on illegal loans

HENDARTYO HANGGI

Related posts:

  1. MSME lending What data-driven online loan access can empower small-scale companies
  2. Online Loans Market Outlook by 2029
  3. UK’s MarketFinance secures $383 million to power its online SME lending platform – TechCrunch
  4. What is the process for online loans?
  • Alternative medication
  • Dietary nutrition
  • Dietary supplements
  • Health medicine
  • Medicine price
  • NIFA Nutrition Security Webinar Series: Developing New Metrics to Complement the US Household Food Security Survey Module
  • Takeaway: Kansas Abortion Backlash, Greitens Meltdown | Health, Medicine and Fitness
  • Pet Health Supplements Market Witnesses Sustainable Development
  • Wild Nutrition’s Premenstrual Complex can primarily help with PMS
  • The Benefits of Apple Cider Vinegar Supplements, According to the Pros
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • August 2020
  • May 2020
  • March 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • March 2018
  • February 2018
  • January 2018
  • October 2017
  • September 2017
  • August 2017
  • August 2016
  • May 2016
  • October 2015
  • August 2015
  • April 2015
  • March 2014
  • December 2013
  • September 2012
  • October 2011
  • September 2011
  • July 2011
  • June 2011
  • April 2011
  • March 2011
  • March 2010
  • September 2007
  • Privacy Policy
  • Terms and Conditions