Sharia-Based Legal Formula For Personal Data Protection In The Financial Services Industry Post-Covid-19 Pandemic

Authors

  • Deny Susanto Institut Bisnis and Informatics Kwik Kian Gie

Keywords:

Personal data protection; corporations; financial services; sharia principles, Covid-19 epidemic

Abstract

As a country with a substantial Muslim population, Indonesia provides a market for sharia-based financial firms. Corporate organizations, minimal liability companies, seek the most effective way to promote business growth. One objective is to develop its digital ecosystem for the financial services industry, including banking, insurance, capital markets, and non-bank financing organizations. The most crucial factor is the corporation's attempts to deliver effective and efficient services in response to the community's demands as the number of Covid-19 cases continues to fall and the economy begins to improve. This study aims to examine the perspectives on formulating the right and applicable law for the protection of personal data in the management conducted by corporations in the sharia-based financial services sector in Indonesia during the Covid-19 pandemic as post-pandemic expectations. Covid-19 examines law enforcement for potential personal data violations on technology users by businesses. Finding an appropriate and effective legal formulation that can be fundamentally applied in the form of fair regulations and in accordance with sharia values in parallel is the result of the research, and it can be concluded that the formulation of legal rules can rapidly provide regulatory solutions to achieve an equilibrium of rights. and justice for businesses based on sharia law.

References

Akhgar, B., Saathoff, G. B., Arabnia, H. R., Hill, R., Staniforth, A., & Bayerl, S. (2015). Application of big data for national security: a practitioner’s guide to emerging technologies. Butterworth-Heinemann.

Bloustein, E. J. (1964). Privacy as an aspect of human dignity: An answer to Dean Prosser. NYUL Rev., 39, 962.

Distinto, I. (2013). Legal Ontologies for Public Procurement Management.

Duxbury, N. (2005). English jurisprudence between Austin and Hart. Va. L. Rev., 91, 1.

Gazali, D. S., & Usman, R. (2012). Hukum Perbankan. Jakarta: Sinar Grafika, 271.

Grotius, H. (2005). Stanford Encyclopedia of Philosophy.

Hall, J. (2017). Plato’s legal philosophy. In Plato and Modern Law (pp. 33–68). Routledge.

Husein, Y. (2010). Rahasia Bank dan Penegakan Hukum. Pustaka Juanda Tigalima.

Ismail, G. (2011). Eklektisisme Hukum Islam dan Hukum Umum: Upaya Menuju Kelahiran Hukum Nasional.

Kansil, C. S. T., & Kansil, C. S. T. (2014). Pengantar ilmu hukum Indonesia.

Kontan. (2019, March 19). Industri e-commerce terganggu bila RUU perlindungan data pribadi belum rampung.

Lukács, A. (2016). What is privacy? The history and definition of privacy.

Mahmashani, S. (1981). Falsafah al-Tasyri’fi al-Islam, terj. Ahmad Sujono. Bandung: Al-Ma’arif.

Malik Piyush. (2013). Governing Big Data: Principles and practices: Vol. 57 (3/4). IBM Journal of Research and Development.

Manovich. (2011). Trending: The promises and the challenges of big social data. Debates in the digital humanities (Vol. 2).

Miller, A. A. (1975). The assault on privacy. Psychiatric Opinion.

Perwataatmadja, K., & Yeni, G. (2005). Bank dan asuransi Islam di Indonesia. Jakarta: Kencana.

Pound, R., & DeRosa, M. L. (2017). An introduction to the philosophy of law. Routledge.

Schoeman, F. (1984). Privacy: philosophical dimensions. American Philosophical Quarterly, 21(3), 199–213.

Schwab, K. (2017). The fourth industrial revolution. Currency.

Soeroso, R. (2002). Pengantar ilmu hukum.

van Apeldoorn, L. J. (2001). Pengantar ilmu hukum (Inleiding tot de studie van het Nederlandse recht).

Ward, J. S., & Barker, A. (2013). Undefined by data: a survey of big data definitions. ArXiv Preprint ArXiv:1309.5821.

Warren, S. and L. B. (1989). The right to privacy." In Killing the Messenger. Columbia University Press.

Westin, A. F. (1968). Privacy and freedom. Washington and Lee Law Review, 25(1), 166.

Downloads

Published

2022-08-24

How to Cite

Deny Susanto. (2022). Sharia-Based Legal Formula For Personal Data Protection In The Financial Services Industry Post-Covid-19 Pandemic. BULLET : Jurnal Multidisiplin Ilmu, 1(04), 545–552. Retrieved from https://journal.mediapublikasi.id/index.php/bullet/article/view/791