OMNIBUS LAW AND THE NEED OF INDONESIAN ECONOMIC INVESTMENTS VIEWED FROM ISLAMIC LAW VIEWS RELATED TO ECONOMY

Abstract

Omnibus Law can be interpreted as a Law (Law) created to target a major issue that might be able to revoke or change several Laws at once so that it becomes simpler. From the government side, they claim there are at least three benefits from implementing Omnibus Law. First, it eliminates overlaps between laws and regulations; Second, the efficiency of the process of change / revocation of laws and regulations. Third, it eliminates sectional egos contained in various laws and regulations.
The problem in writing this paper is how can the omnibus law policy answer the investment needs of Indonesia’s economy from the perspective of Islamic law related to the economy?
Omnibus Law Plans in Indonesia include Omnibus Law Employment Copyright and Tax Omnibus Law. In fact, the Government and Kadin (trade and industry organizations) have formed the Omnibus Law Task Force in an effort to increase investment opportunities from both foreign and domestic investors for the advancement of the Indonesian economy. If you look at the formulation of Islamic economics above, then it can be concluded that Islamic economics involves the management of Islamic economic resources both in individual and institutional dimensions to achieve the benefit of human life in the world and the hereafter. Therefore, the existence of the omnibus law should be to achieve the benefit of human life in the world and the hereafter.