Review of Sharia Economic Law on Billing Online Loans: Adakami Top Fintech Study

Abstract

Nowadays it is very easy to provide all loans online with the help of increasingly advanced financial technology developments. In addition to the convenience of online loans or P2PL based on fintech lending. Problems related to the dissemination of personal information by online lenders without the owner's consent. In this regard, it is important to study the legal protection of borrowers' data in online loans and sanctions for violations of personal data. The purpose of this study is to review the legal protection of borrowers' data in online loans. The method used in this article is the method of normative juridical law. It also violates consumer protection law No. 8 of 1999 Article 4 which states that consumers as online borrowers are entitled to convenience, security, and protection in consuming goods and services. The results of the study show that Adakami's loan collection practices are not by the applicable UUPK and are not even by the Sharia Economic Law which prioritizes the welfare of the people.