Legal Construction of Home Ownership Financing According to Sharia Principles

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Analysis reveals critical challenges with sharia mortgages in Indonesia, suggesting reforms for better community engagement and compliance.

Sharia home ownership financing in Indonesia only represents 15.9% of total housing financing, indicating significant untapped potential.
Islamic bank mortgages face scrutiny regarding sharia compliance, while non-bank options lack regulatory support and community trust.
The study utilized a normative juridical approach, including literature review and stakeholder interviews, to assess current financing issues.
Reforming home ownership financing may allow for better community participation and a comprehensive sharia PPR Law that meets collective religious needs.

Maripah et al. (2025) studied this question.

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Analysis reveals critical challenges with sharia mortgages in Indonesia, suggesting reforms for better community engagement and compliance.