Penggunaan Dana Yang Tidak Boleh Diakui Sebagai Pendapatan (Dana TBDSP) Dalam Perspektif Fatwa DSN-MUI No. 123 Tahun 2018 Dan Isu Kontemporer
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Abstract
Funds originating from transactions inconsistent with sharia principles, customer penalties, or funds with unidentified owners pose a serious challenge for Islamic financial, business, and economic institutions. Before DSN-MUI Fatwa No. 123 of 2018, no standardized guideline governed the use of such non-recognizable income funds (Dana TBDSP), risking inconsistent practice, reduced transparency, and weakened public trust. This article examines the provisions governing Dana TBDSP under Fatwa No. 123/2018 and analyzes their relevance to contemporary issues: strengthening accountability, integration with current OJK regulations, and the application of Environmental, Social, and Governance (ESG) principles. Using a normative-juridical and comparative approach to the fatwa, regulations, and non-halal fund management practices in Malaysia and other countries, the study finds that the fatwa regulates in detail the sources of Dana TBDSP, the obligation of a special account, disbursement procedures for public benefit, prohibition of internal use, and mandatory Sharia Supervisory Board (DPS) approval. Contemporary analysis reveals the urgency of synchronizing the fatwa with POJK No. 2 of 2024 and POJK No. 51/2017, clarifying non-compliance consequences, and reporting Dana TBDSP within a sustainability framework. The article concludes that the fatwa is an important step in strengthening non-halal fund governance and recommends technical guidelines, stricter sharia audits, and Dana TBDSP-specific ESG indicators to enhance accountability and social impact
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