MUI Sets Loans To Be Haram For Riba, Threatening And Opening Disgrace

JAKARTA - Ijtima Ulama The Fatwa Commission of the Indonesian Ulema Council (MUI) stipulates that online lending activities are illegal because there are elements of usury, threats, and revealing someone's secret or disgrace to someone who owes a debt.

"Loan services, both offline and online, that contain usury are illegal, even if they are done on a voluntary basis," said MUI Fatwa Sector Asrorun Niam Soleh at the closing of the Ijtima Ulama MUI Fatwa Commission quoted by Antara, Thursday, November 11.

Asrorun Niam said that basically the act of borrowing or borrowing is a form of tabarru' contract or virtue on the basis of mutual help which is recommended as long as it does not conflict with sharia principles.

However, if in practice the collection of receivables is carried out by giving physical threats or revealing the secret (disgrace) of someone who is unable to pay debts, it is haram.

In addition, for people who borrow if they deliberately delay debt payments for those who can afford it, the law is haram.

"As for giving a delay or relief in paying debts for those who are experiencing difficulties, it is a recommended action (mustahab)," said Asrorun Niam.

Regarding the rise of online lending activities in the community, MUI recommends that the government, in this case the Ministry of Communication and Informatics, the National Police, and the OJK, should continue to improve protection for the public and monitor and take firm action against the disturbing misuse of online loans or peer to peer lending (Fintech Lending) financial technology. public.

On the other hand, online loan providers should also use the MUI fatwa as a guide in all transactions carried out. As for Muslims, said Niam, they should choose financial services that comply with Sharia principles.*