International Journal of Innovative Technologies in Economy

THE ROLE OF DIGITAL FINANCIAL TECHNOLOGIES IN THE SUCCESS OF SHARIAH-COMPLIANT CROWDFUNDING PLATFORMS

2025-10-12T20:37:12+00:00

Digital financial technologies play a pivotal role in enhancing the efficiency of Islamic crowdfunding platforms. Technologies such as blockchain and smart contracts contribute to greater transparency and security, while artificial intelligence is employed to ensure compliance with Shariah principles through contract verification and the avoidance of prohibited elements such as riba. Islamic crowdfunding is founded on the principles of risk- and profit-sharing and provides innovative financing solutions such as murabaha and mudarabah, thereby supporting entrepreneurship and socially impactful projects. However, these platforms face significant challenges, including the absence of unified regulatory frameworks, security risks such as cyberattacks, and limited public awareness of Islamic financial tools. Conversely, promising opportunities emerge through the development of digital financial products such as electronic sukuk and the promotion of financial inclusion by expanding access to financial services, particularly in emerging markets. Case studies highlight the success of platforms such as Saudi Arabia’s “Ethraa” and Singapore’s “Capital Boost” in integrating technology with Shariah principles, leveraging tools like blockchain and digital payment systems.

THE IMPACT OF THE GREATER ARAB FREE TRADE AREA ON ALGERIA’S INTRA-ARAB FOREIGN TRADE

2025-10-25T03:30:55+00:00

This study aims to examine the reality of Algeria’s foreign trade in recent years within the framework of trade liberalization and the country's efforts to diversify its exports, reduce its import bill, and stimulate other productive sectors. It also seeks to assess the extent to which Algeria’s foreign trade has been affected by its accession to the Greater Arab Free Trade Area (GAFTA).

The study concluded that Algeria’s intra-Arab trade with other Arab countries remains limited and has not achieved the objectives set for joining this area, as it did not exceed 5 billion USD. Tunisia is considered Algeria’s largest Arab economic partner, followed by Saudi Arabia, Egypt, and the United Arab Emirates.

LEGAL REVIEW ON CRIMINAL LIABILITY OF DOCTORS IN MEDICAL NEGLIGENCE

2025-11-06T04:15:27+00:00

Medical negligence is one of the most complex issues in Indonesia's criminal law system and healthcare services. This problem arises when medical actions do not meet professional standards, resulting in harm, serious injury, or patient death. This research aims to analyze criminal law regulations regarding doctors' liability in cases of medical negligence, identify juridical and normative constraints in proving it, and offer directions for legal reform to achieve a balance between legal protection for patients and legal certainty for medical personnel. This research uses a normative juridical method with statutory, conceptual, and case approaches. The research results show that the criminal liability of doctors has been regulated in the old Criminal Code (Articles 359 and 360), the new Criminal Code (Article 474 of Law Number 1 of 2023), and Law Number 17 of 2023 on Health. However, there is no lex specialis that clearly distinguishes between professional negligence and medical malpractice, resulting in overlaps between ethical, disciplinary, and criminal violations. The main obstacles in proving the element of fault (culpa) lie in the difficulty of determining the causal relationship between medical actions and their consequences, weak medical record documentation, and lack of synchronization between professional ethical mechanisms and criminal law processes. Therefore, legal reform is needed to clarify the boundaries of criminal liability for medical personnel through the implementation of alternative dispute resolution (ADR), restorative justice, and professional liability insurance systems. Comprehensive legal reform is expected to create a fair, balanced health law system that provides legal certainty for all parties.

ECONOMIC ANALYSIS OF LAW IN THE SETTLEMENT OF CORRUPTION CASES

2025-11-06T04:46:03+00:00

Corruption has always been a disease for a republic, including Indonesia. The attention of the Indonesian government to resolve criminal acts of corruption has started since Indonesia's independence. Regulations regarding criminal acts of corruption start from the Criminal Code (lex generalis) to the Law. No. 31 of 1999 concerning the Eradication of Corruption (lex specialis). The fight against corruption advanced even further with the creation of a special commission through legislation No. 30 of 2002 concerning the Corruption Eradication Commission. However, in reality it has not been able to solve the problem of corruption. A new approach to solving corruption needs to be proposed. Economic Analysis of Law (EAL) sees that the settlement of corruption is not merely a moral issue that stops at right and wrong, far from that, EAL looks at the beneficial impact of solving corruption (cost and benefit ratio). This paper seeks to use microeconomic analysis to criticize the law enforcement of criminal acts of corruption, especially in the settlement of criminal acts of corruption through the Tipikor Law and efforts to provide solutions to the settlement of criminal acts of corruption through the EAL approach.